Posted on 09/16/2009 7:30:14 PM PDT by blam
Barclays has been accused of "banking by sleight of hand" after creating a new company to take over its most toxic assets and ringfence future losses.
(Excerpt) Read more at telegraph.co.uk ...
By all means, they are considered a “systemically important” financial to the US government, so lets give them a few more billion of bailout funds. While were at it, let’s get Sheila Blair at the FDIC to seize some US regional banks assets and give them to Barclays as well.
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