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To: 21stCenturyFreeThinker
Barclays will be at the front of the line to have their bad mortgages bailed out.

No. Barclays let Lehman fail, and then bought the good stuff. The crap is in the hands of the remaining insolvent entity, and is not subject to the bailout.

If someone thinks I'm wrong, please correct me.

28 posted on 09/22/2008 4:07:34 AM PDT by NativeNewYorker (Freepin' Jew Boy)
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To: NativeNewYorker
No. Barclays let Lehman fail, and then bought the good stuff.
I think Barclay's has its own share of bad loans to dump.
37 posted on 09/22/2008 7:14:05 AM PDT by 21stCenturyFreeThinker
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