[bruinbirdman]

"Barclays appears to have been responsible both for designing a complex fund that got Sachsen into difficulty and for helping to pull the plug on the bank by demanding margin calls in respect of another Sachsen investment. "

Barclays finances Sachsen crappy mortgage deals but makes them put good stuff up as collateral.

Will Barclays end up owning their clients, cheap? Those Barclay guys really know how to wheel and deal.

yitbos

[kinoxi]

No S*** Sherlock.

[ikka]

Will Barclays end up owning their clients, cheap? Those Barclay guys really know how to wheel and deal.

I do get the feeling that there is some behind the scenes dealing going on.