Comments on: What did Bradford & Bingley do to deserve nationalisation? http://johnredwoodsdiary.com/2008/10/06/what-did-bradford-bingley-do-to-deserve-nationalisation/ Incisive and topical campaigns and commentary on today's issues and tomorrow's problems Thu, 09 Feb 2012 20:05:58 +0000 hourly 1 By: Paul http://johnredwoodsdiary.com/2008/10/06/what-did-bradford-bingley-do-to-deserve-nationalisation/#comment-6784 Paul Sun, 09 Nov 2008 18:09:32 +0000 http://www.johnredwoodsdiary.com/?p=1722#comment-6784 Transfer them to me !!! Transfer them to me !!!

]]> By: levi http://johnredwoodsdiary.com/2008/10/06/what-did-bradford-bingley-do-to-deserve-nationalisation/#comment-6783 levi Sun, 12 Oct 2008 11:46:26 +0000 http://www.johnredwoodsdiary.com/?p=1722#comment-6783 What shall i do now with my B&B shares? put that in the bin? Thaks for any opinion. Levi What shall i do now with my B&B shares? put that in the bin?

Thaks for any opinion.

Levi

]]> By: John http://johnredwoodsdiary.com/2008/10/06/what-did-bradford-bingley-do-to-deserve-nationalisation/#comment-6782 John Mon, 06 Oct 2008 10:24:27 +0000 http://www.johnredwoodsdiary.com/?p=1722#comment-6782 Net lending slumped, as you point out. What you don't point out is that net lending means we're still, in the midst of the so-called credit crunch, borrowing more than we are paying back. There shouldn't be any net lending, we need at least two years of net repayment. (Names a bank in trouble) They didn't have any good collateral to put up for the Bank of England to lend them money, just a load of dodgy mortgages. Better to nationalise than to throw good money after band lending them money to limp on before the inevitable happens, taking out tax money with it. Better yet just to let them fail, but letting bad companies go bust seems to be about as fashionable as killing puppies, these days. Net lending slumped, as you point out. What you don't point out is that net lending means we're still, in the midst of the so-called credit crunch, borrowing more than we are paying back. There shouldn't be any net lending, we need at least two years of net repayment.

(Names a bank in trouble) They didn't have any good collateral to put up for the Bank of England to lend them money, just a load of dodgy mortgages. Better to nationalise than to throw good money after band lending them money to limp on before the inevitable happens, taking out tax money with it.

Better yet just to let them fail, but letting bad companies go bust seems to be about as fashionable as killing puppies, these days.

]]> By: david http://johnredwoodsdiary.com/2008/10/06/what-did-bradford-bingley-do-to-deserve-nationalisation/#comment-6781 david Mon, 06 Oct 2008 09:04:21 +0000 http://www.johnredwoodsdiary.com/?p=1722#comment-6781 Atta boy John ! what ever you do don't ever blame the city spivs and dodgy bankers that have got us into this mess. Atta boy John ! what ever you do don’t ever blame the city spivs and dodgy bankers that have got us into this mess.

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