No Chance, not in this market - I really do think they'll come storming back .... when is the question, news tonight can swing it either way - might be able to buy back cheaper in the morning again, maybe not, but they will come back. Cant see Lloyds being allowed to renegotiate a deal at all. Only way it wont go through is shareholders vote against it - and if you offered me a company for less than half it was worth I'd snap your hand off, any shareholder in their right mind must be able to see they have got the deal of the century. But saying that I didn't see B&B being raped like it was !!
However old fashioned tipton is just hoping that our Board will learn from RBS failure and renegotiate HBOS terms ... while the Board are meeting they could agree to accept some of their fees in shares, after all this appears to be good for us ordinary mortals
BRUSSELS, Oct 1 (Reuters) - The European Commission approved on Wednesday a rescue plan for British mortgage-lender Bradford & Bingley that was one of a string of efforts by European authorities to limit contagion from the U.S. financial crisis.