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Barclays stock hit by £5.8bn cash call to plug shortfall
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pcernie
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Joined: Sun Apr 26, 2009 12:30 pm
Posts: 45931
Location: Belfast
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_________________Plain English advice on everything money, purchase and service related:
http://www.moneysavingexpert.com/
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| Tue Jul 30, 2013 5:01 pm |
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Amnesia10
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Joined: Fri Apr 24, 2009 2:02 am
Posts: 29240
Location: Guantanamo Bay (thanks bobbdobbs)
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The stress tests were so flawed. They have not accounted for a return to mark to market valuation. I wonder if this accounts for the losses on mis selling of swaps instruments to small businesses. That might mean another rights issue in the future.
Just been listening to podcasts and the investors and economists and all are scathing of Barclays but also the other banks as well. They would not recommend buying the scrip issues.
_________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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| Tue Jul 30, 2013 8:09 pm |
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