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Bradford & Bingley Safe?

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    Bradford & Bingley Safe?

    So is Bradford & Bingley now a safe place to put your money? They have a 6.5% account..

    #2
    Originally posted by shoes View Post
    So is Bradford & Bingley now a safe place to put your money? They have a 6.5% account..
    Spanish bank bought savings, Govt took over junk liars self-cert morgages...

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      #3
      Originally posted by AtW View Post
      Spanish bank bought savings, Govt took over junk liars self-cert morgages...
      So Santander have the savings accounts? Should be pretty safe if that's the case I would have thought.

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        #4
        Originally posted by oracleslave View Post
        Should be pretty safe
        Maybe. In terms of safety NR deposits should be safer though everyone will be raped by inflation

        Comment


          #5
          Originally posted by AtW View Post
          Spanish bank bought savings, Govt took over junk liars self-cert morgages...
          Yep, and Santander have confirmed that at the moment they have no plans on changing Abbey's, A&L's, or the B&B registration status at the FSA so the first £35k in each bank is 100% protected by the protection scheme.

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            #6
            I bought one of B&B's "too good to be true" bonds a couple of months ago and am jolly happy Santander have taken it to their bosom. Go for it I say.

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              #7
              Originally posted by thunderlizard View Post
              I bought one of B&B's "too good to be true" bonds a couple of months ago


              Risk taker!

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                #8
                Originally posted by shoes View Post
                So is Bradford & Bingley now a safe place to put your money? They have a 6.5% account..
                Safe as houses!

                Err...

                Comment


                  #9
                  Originally posted by shoes View Post
                  So is Bradford & Bingley now a safe place to put your money? They have a 6.5% account..
                  An interesting supposition was put to the Blair clone on Newsnight tonight. She asked him why, without a guarantee such as that announced by the Irish Government today, people wouldn't just switch to using Irish banks.

                  Comment


                    #10
                    Originally posted by HeliCraig View Post
                    Yep, and Santander have confirmed that at the moment they have no plans on changing Abbey's, A&L's, or the B&B registration status at the FSA so the first £35k in each bank is 100% protected by the protection scheme.


                    The first 35k rule is per institution, so if you had 35k in each, you would only be protected for 35k total because Santander is counted as 1.
                    The court heard Darren Upton had written a letter to Judge Sally Cahill QC saying he wasn’t “a typical inmate of prison”.

                    But the judge said: “That simply demonstrates your arrogance continues. You are typical. Inmates of prison are people who are dishonest. You are a thoroughly dishonestly man motivated by your own selfish greed.”

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