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Business & Finance

Bank shares

I have Northern Rock and Bradford & Bingley shares.
When they were nationalised it was said that shareholders might eventually get something. What can I do with them? Can I transfer them to someone else or give them away?


dancecaller  Thurs 09/10/08 22:05
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legend.isgod
Thurs 09/10/08
22:07
A few days ago the guy from the stockmarket said that the shares are practically worthless.The government is stepping in to save savers money not investors.Investors were taking a gamble with shares and looks like theyve lost.

Sorry they are most likely not worth anything.
dancecaller
Thurs 09/10/08
22:39

Question Author

"Investors were taking a gamble with shares and looks like theyve lost"

I don't know why you feel you have to be so gleefully self-righteous about 'investors'. Many shares are held in pension funds. And I got mine because I was a saver when the building societies became a bank.

In any case you completely neglected the question I asked. Can I transfer these shares to someone else?
WoWo
Fri 10/10/08
12:07
At present no you can't.
dancecaller
Fri 10/10/08
12:14

Question Author

Thank you
Goofy
Fri 10/10/08
13:08
Firelighters?
Best of luck
dancecaller
Fri 10/10/08
13:15

Question Author

Well I've not got enough to paper the wall. What happens if a shareholder dies then?
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