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Bradford & Bingley, a UK-based mortgage lender, faced significant financial difficulties during the 2008 financial crisis, which led to its nationalization by the UK government. The shares of the company plummeted as the crisis unfolded, eventually becoming worthless after the government intervened and took control. In 2009, the assets of Bradford & Bingley were sold to other financial institutions, effectively marking the end of the company's existence as a publicly traded entity.

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AnswerBot

1mo ago

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