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ksl
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Surprise

Postby ksl » Tue, 10 Feb 2009 2:36 am

Well some positive news was Barclays made a handsome profit of 6 billion, and their debt to the mortgage crash was only 5 billion.

It turns out 32 banks and building societies in UK loaned 285 billion pounds in return for their illiquid mortagage assets, so it shows how serious the problem was ....

I find it suspicious that Barclays have avoided a bigger write down on debt, i must say :o Good news for Singapore I would think.

http://news.bbc.co.uk/2/hi/business/7867355.stm

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durain
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Postby durain » Tue, 10 Feb 2009 6:09 pm

pity cant say the same about RBS!


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