Barclays shares in new collapse as bank crisis enters second phase

[Catalpa]

And you thought we had problems!

Will the British Government have to take over more Banks as it looks like some more are heading down the Swanny....?

'Shares in Barclays and Royal Bank of *****Scotland plummeted as huge losses at two of America's biggest *****financial institutions sparked fresh fears for the future of Britain's banking industry.

In a frantic hour of trading, Barclays lost almost a quarter of its value - marking the second wave of a banking crisis that has already dragged the industry to the edge of collapse..'

Barclays shares in new collapse as bank crisis enters second phase | Business | guardian.co.uk

[powderfinger]

Don't even mention Citigroup.
Instability 2.0 launches.Jan 09.

[Catalpa]

Don't even mention Citigroup.

Looks like Monday could be rather Black....

[powderfinger]

Looks like Monday could be rather Black....

Swanlike,Catalpa.

[BodyofEvidence]

monday....shuddder.....hope cowan and lenihan have the checkbook ready.

[toxic avenger]

It was the resumption, after months of being illegal, of short-selling that led to it. The vultures picked it off as a perceived weakling. The nationalisation of Anglo the night before was no accident of timing...

[BodyofEvidence]

and why would they short? for fun? or for good analytical reasons...?

[Catalpa]

Swanlike,Catalpa.

They say Brian is good at the ol songs.

Maybe he should practise on this one over the weekend:


YouTube - The Boomtown Rats. I Don't Like Mondays.

[toxic avenger]

and why would they short? for fun? or for good analytical reasons...?

[BodyofEvidence]

but why would they think they could make a profit....answer, because they fell that the bank is doodoo....