Wednesday, October 1, 2008

Government to Be Second Biggest Mortgage Lender

The credit crunch takes another victim, The Bradford and Bingley. Bradford and Bingley was formed in 1964 after a merger between the two building societies both founded in 1851 - Bradford Equitable Building Society and Bingley Permanent Building society.Why Bradford and Bingley Needed BailoutSince becoming a bank in 2000, it changed its business model from [...]

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[Source: Finance Blog]

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