Newsblaster Archived Run Click here to return to today's news. Tuesday, June 3, 2008 Articles from 05/31/2008 to 06/03/2008 Last update: 4:29 AM EST
Search for: Offline summarization (match summaries) Hybrid summarization Online summarization Offline summarization (match articles) U.S. World Finance Sci/Tech Entertainment Sports View Today's Images Back to Archive Index About Newsblaster About today's run Newsblaster in Press Academic Papers Article Sources: suntimes.com (381 articles) washingtonpost.com (180 articles) seattletimes. nwsource.com (151 articles) news.bbc.co.uk (129 articles) latimes.com (94 articles) boston.com (91 articles) nytimes.com (88 articles) sfgate.com (83 articles) baltimoresun.com (74 articles) dallasnews.com (49 articles) abcnews.go.com (49 articles) cbc.ca (48 articles) timesonline.co.uk (41 articles) ft.com (40 articles) cnn.com (39 articles) business. timesonline.co.uk (36 articles) foxnews.com (26 articles) cbsnews.com (22 articles) nypost.com (13 articles) nature.com (5 articles) bits. blogs.nytimes.com (4 articles) women. timesonline.co.uk (3 articles) health.nytimes.com (2 articles) entertainment. timesonline.co.uk (2 articles) blogs.ft.com (2 articles) well. blogs.nytimes.com (2 articles) ac360. blogs.cnn.com (2 articles) wired.com (2 articles) https: (1 article) shiftingcareers. blogs.nytimes.com (1 article) weblogs. baltimoresun.com (1 article) lakersblog. latimes.com (1 article)	The awful moment when Bradford & Bingley knew it faced potential panic Summary from multiple countries, from articles in English How important is Bradford & Bingley? The bank is the tenth biggest mortgage lender in the UK and the biggest buy-to-let lender in the mortgage market. (article 1) Rod Kent, Bradford & Bingley's chairman for almost six years, faces task of returning company to profit after an $8m loss. (article 3) Bradford & Bingley's profits warning sparked concern that the bank would suffer a run on its accounts like the panic last year that led to the collapse of Northern Rock. (article 2) Whatever happened, B&B would get its money, beef up its balance sheet and keep increasingly nervous banking supervisors at bay. (article 7) Shares in Bradford & Bingley have plunged after the lender reported an $8m pre-tax loss in the first four months of the year. (article 5) To shore up its finances, the lender is selling a 23% stake to US private equity giant Texas Pacific Group for $179m and asking its shareholders for extra cash. (article 5) The mortgage bank, which has a market capitalisation of $545m, was approached by TPG after launching its controversial $300m rights issue aimed at repairing its battered balance sheet. (article 8) The lender also issued a profit warning and said that Steven Crawshaw is to step down due to "a serious cardiovascular condition". (article 8) Other summaries about this story: Summary from United States, from articles in English (1 articles) [compare] Summary from the United Kingdom, from articles in English (7 articles) [compare] Other stories about cent, b&b and Bradford: Bradford & Bingley profits warning takes FTSE 100 below 6000 (9 articles) Event tracking: Track this story's development in time Story keywords cent, b&b, Bradford, Bingley, mortgage Source articles Q&A: what it means (business.timesonline.co.uk, 06/03/2008, 1027 words) Warnings from Bradford & Bingley send shiver through banking sector (business.timesonline.co.uk, 06/03/2008, 578 words) Banking & Finance News (business.timesonline.co.uk, 06/03/2008, 341 words) Bad debts at the Bradford & Bingley (BBC News, 06/02/2008, 689 words) Q&A: Troubles at Bradford & Bingley (BBC News, 06/02/2008, 477 words) B&B sees loss in wake of downturn (BBC News, 06/02/2008, 667 words) The awful moment when Bradford & Bingley knew it faced potential panic (business.timesonline.co.uk, 06/03/2008, 780 words) TPG buys £179m stake in B&B (ft.com, 06/02/2008, 484 words) blaster@cs.columbia.edu