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Barclays Crashes To 18-Month Lows
First, it was gold manipulation and now alleged equity market rigging; it seems investors (and customers) have finally had enough. Barclays stock price is down over 8% today and trading back at 18 month lows. Of course, we will hear that this is the kitchen sink quarter etc... "remember the London Whale" but the trail of alleged fraud (and the damning emails) suggests catching this falling knife is anything but a "no brainer"...
Chart: Bloomberg
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quick, to the FAZmobile!
Coming soon!! Lehman Brothers II - The Sequel!
bulltard sez rate hike imminent! lulz lulz lulz
This has to be said:
"A more wretched hive of scum and villainy you will never find. We must be cautious."
Gandalf? or Obi Wan Kenobe?
Game of Banksters?
Wizard of Oz?
"The time is coming whan all must choose between what is easy and what is right." -- Albus Dumbledore
Will not be Barclays,its a VIP SIFI.
TBTF?
Not any more!
Look at their derivatives book and get back to me.
60X worse than Lehman, if Barclays goes,so does the whole system.
If memory serves, didn't Siemens divest themselves of Barclays a couple of years back?
wake me up when a few of these banksters jump - makes me very happy when this happens
http://www.boomantribune.com/site-files/jumpyoufuckers.jpg
Another primary dealer needs to be "sacrificed", everybody knows it.
Jon Corzine: "You fuckers don't have the right friends."
You have to feel sorry for the people at Barclays who are NOT sub-human, dishonest, cheating sacks of crap.
So if we find any of those good people at Barclays, we'll let you know. So far, nothing.
Shareholders are pissed they will have to foot the bill for any of the upper managements' 'wrongdoings' I suspect.
Hardly. Shareholders upset that they got caught, not they that comitted wrongdoings. Shareholders actively support and encourage cheating, stealing, lying and anything else illegal or underhanded that can be done to prop up share prices. What they don't support is getting caught.
Shareholders are passive participants in the management looting and scamming. As a shareholder you want the best sociopaths to run the place because they'll maximize the screwing (well, fucking) of the customers and employess to extract the most loot possible for the company. The shareholders get what's left after management screws the customers and employess AND the shareholders. It's a win win for everybody that matters.
Lots like a lot of insider selling from Jan! and also any highs prior to that were promptly taken avantage of as well!
I had a look at its 2013 BS. It looks like BS.
Back the fuckin truck up to the Treasury. We got a bank in crisis!
Barclays. you are a British company and no one cares if you go out of business. Now if you had been a big US bank, all your sins would have been forgiven.
Say hi to Prince Charles and I am hoping as he is that he is reincarnated as a tampon.
But there's always a string attached.
who dresses the Najarian twins?
Same one that put's Jon's hair in that ghey mini pony-tail thing, I'm guessing. Not just any bald guy could pull off that look.
Btfd!
Uncle Warren prolly is.
anyone else think cnbs fetish with covering an ipo all day is fucking nauseating?
yes....that and just the thought of watching cnbc all day too. Is Stuttering Joe and "Whats is like to be a billionaire" Carl still on?
speaking of billionaires, the wealth editor seems to me like someone who would be living with an 89 year old billionairess . just sayin
while secretly having a fling with the .................butler
oh oh sum ting wong?
In case you missed it yesterday, more Barclays fuel for the fire..in the UK, whistle blower they just outright sold to any buyer confidential client information, not once but over and over and over to include medical information mortgage information and more.
http://ducknetweb.blogspot.com/2014/02/barclays-brokers-caught-selling.html
Now if you want to read some more bullshit on the health care front, the hospital now buying consumer data from Axciom data broker and soon will have doctors rummaging through your Visa and MasterCard data to see what you are buying...insurers are already doing this and it's spreading. I'm all over this one to members of Congress, the FTC and more. It's the algo duping of the healthcare world, just like the cheating in the trader world.
People just believe any old frigging stats and numbers tossed in their faces, and this is wrong and doctors don't want to be reduced to digging through your MasterCard and Visa records either to see if you bought a Hershey bar. I'm telling you have some really stupid duped people out there.
http://ducknetweb.blogspot.com/2014/06/oh-crap-now-hospitals-are-now-buy...
Seems like if there's money to be made, people will do what it takes to get it.
Live by the Lehman, Die by the Lehman, Bro.
Its nice to know that only French and British institutions are screwing us.
Sorry sorry state of all of the Euro banks when they've had so much free money thrown at them and their share prices are in the shitter.
Folks, like the bookies the markets aren't often that wrong with their prices (apart from when real fear hits, then fundamentals count for nothing).
Sorry sorry state of all of the Euro banks when they've had so much free money thrown at them and their share prices are in the shitter.
Folks, like the bookies the markets aren't often that wrong with their prices (apart from when real fear hits, then fundamentals count for nothing).