Cantor's Pope Says Bradford & Bingley Takeover Possible
Submitted by webmaster on Fri, 2008-08-29 06:32.
Stephen Pope, chief global market strategist at Cantor Fitzgerald Europe, talks with Bloomberg's Nina de Roy and Mark Barton in London about the results reported today by Dexia SA and Bradford & Bingley Plc and the outlook for the U.S. economy. Bradford & Bingley Plc, the biggest lender to U.K. landlords, posted a first-half loss of 17.2 million pounds ($31.5 million), after funding costs wiped out earnings and bad loans surged.


