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what is cost of bailout for taxpayer?
30 Sep 2008 by Tejvan R Pettinger  
if the government nationalise bradford and bingley, the taxpayer is taking responsibility for the mortgage loans. this gives the government a balance sheet of £150bn in mortgage loans (£50bn from bradford & bingley, £100bn from northern ...
Finance Blog - http://www.mortgageguideuk.co.uk/blog/ - References

credit crunch news
24 Sep 2008 by Tejvan Pettinger  
the credit crunch continues to cause problems for finance markets and the wider economy. losses from mortgage defaults caused big insurance firm aig to require a bailout. lehman brothers went bankrupt, after the fed decided they weren't ...
Mortgage News - http://www.mortgageguideuk.co.uk/blog.html

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