I am a bit worried about the missus' B and B shares!

I am a bit worried about what to do with the shares held in British mortgage bank Bradford and Bingley by my spouse.
I suppose we could give the rights issue (capital raising) a miss. I could take financial advice from an independent financial adviser . We could spend the £184 (I think it was the sum last time I looked) on the hols instead.
I suppose the UK stock market will be spooked by the gory figures from the nationalised Northern Rock. Alot of customers are probably throwing in the towel with the change in economic circumstances. Those 125 pct mortgages are coming to haunt the Geordie bank in a big way. Gawd knows why I invested (and then sold) a modest sum in Northern Rock. Not that I am a big expert on UK bank shares. In the weekend FT the Scottish investment expert Colin McLean noted that Northern Rock had posted upward earnings per share for five years. Sounds like some dodgy regulation by the British regulators and this is probably a problem at Bradford and Bingley. Would there be a mercy killing? The banks will probably have their own problems and would want to wait until conditions improved. Perhaps there could be a joint bid.