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jcrash » Comments » BCS

  • Buying Barclays and Its 7% Yield [View article]
    I've noticed that Barclays has a top 5 position in MOST of the high flying stocks (name 5, check them all) in the US market. Now, I'm not sure what that says, but I do know that all those stocks are down 20% or so in the last month.

    That is a few billion in losses, minimum, by my numbers.

    I think there is an effort to make up the subprime losses in the market and they are now getting it both "coming and going".

    I'd look for 2x the writedowns next quarter, but I might just be thinking up conspiracy theory stuff.
    Nov 22 00:44 am |Rating: 0 0 |Link to Comment
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