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FSA Sets Bailout Plans For Bradford & Bingley - Just In Case

The Financial Services Authority is worried about the stability of Britain’s biggest buy-to-let lender Bradford & Bingley. Last weeks tumultuous financial tidal wave lead by the Lehman Brothers’ collapse, AIG’s bailout and HBOS’s merger with Lloyds TSB has added to unsteady ground for B&B. Potential buyers are being vetted by the financial watchdog in the event [...]

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