Quote:
Originally Posted by garinda
Bradford & Bingley shareholders may be able to claw back some of the money they lost following the nationalisation of the bank in September.
Under the terms of the compensation order, the value of B&B’s shares should be based on what the lender was worth immediately before its mortgage book fell into government hands and its savings arm was sold off to Santander on 29 September
Compensation hopes for Bradford & Bingley shareholders | Moneywise
If/when you receive any compensation for your shares, it'll probably only pay for enough petrol to get you to Bradford or Bingley.  |
I believe they are only looking to compensate those that bought additional shares which is right as at least mine didn't cost me anything but some people have lost their life savings!!!