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The Vinyl Adventure
28-08-2009, 15:19
not so long ago when bradford and bingley went kafut i lost quite a sizeable chunk of money that was in subordinated bonds

my next door neighbour has just said that she heard a report on 5 live this morning that contained comments made by mr FSA (i cant remember his name) saying the consumer who lost out will have thier money returned to them now that the banks are making a ton-o-moolar again!

can anyone expand on this and tell me if this will apply to me - im not very up on uk economics?

i have to say im, justifiably i think, sceptical, and i dont have the means or knowledge to find out the answers my self

Alex_UK
28-08-2009, 16:35
Hamish - My Missus is an Independant Financial Adviser - I'll ask her tonight if she knows about this, if not I'm sure she'll know somewhere to look, or someone to ask. If I don't post in a day or so, remind me!

The Vinyl Adventure
28-08-2009, 17:09
cheers buddy, good of you!