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If Bradford & Bingley shares had been allowed to continue trading, wouldn they have recovered value?

April 26, 2017allowed bingley Bradford Continue Recovered Shares trading value

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If Bradford & Bingley shares had been allowed to continue trading, wouldn they have recovered value?

1 Answer

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Bradford & Bingley was not able to continue trading. The Board of directors decided over the weekend of 27 and 28 September that, in the absence of Government intervention, they would file for insolvency on 29 September 2008 because the bank did not have enough liquid capital (cash).