NBS 0.00% 9.9¢ nationwide building society.

The facts are a bit hazy after 5 years, but I'm pretty sure...

  1. 1,251 Posts.
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    The facts are a bit hazy after 5 years, but I'm pretty sure there was never outright falsification. From memory, it was just an endless negative cashflow funded by a series of share offerings at lower and lower prices, which were accompanyed by glowing announcements of the deals being signed. All of which never materialised.
 
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