Hypothetical question in ireland at the moment.
What would have actually happened to the borrowers' mortgages if the UK gov had let B&B go bust? If the actual debt has been sliced up and sold on, who would lose out? The home owner or the shareholder or some combination of both?
Hope this hasnt been answered somewhere else already
anon473
What would have actually happened to the borrowers' mortgages if the UK gov had let B&B go bust? If the actual debt has been sliced up and sold on, who would lose out? The home owner or the shareholder or some combination of both?
Hope this hasnt been answered somewhere else already
anon473