> It's true Barclays stock was hammered today but why? The article > pointed out problems at other banks and everyone is assuming that > Barclays is having the same problems. Remember as you pointed out > in your article Barclays DID NOT take the money. This is a gutsy > move on their part and shows they have what it takes to run a bank. > Take a look at their financials. They are over 400 billion in debt > but have more than that in hard cash. It was announced today they > bought UBS commodities. This bank is not in trouble and they are > not going out of business.
Barclays: Crushed [View article]
On Jan 16 08:09 PM MJJP wrote:
> It's true Barclays stock was hammered today but why? The article
> pointed out problems at other banks and everyone is assuming that
> Barclays is having the same problems. Remember as you pointed out
> in your article Barclays DID NOT take the money. This is a gutsy
> move on their part and shows they have what it takes to run a bank.
> Take a look at their financials. They are over 400 billion in debt
> but have more than that in hard cash. It was announced today they
> bought UBS commodities. This bank is not in trouble and they are
> not going out of business.