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Barclays sorts the "Problem"

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  • Barclays sorts the "Problem"

    http://www.telegraph.co.uk/finance/n...sset-sale.html

    Very much what i suspected they do, i guess we now have another lending binge?

    My only hope is China kicks off on this one & they sink the £.

    Mike

  • #2
    Re: Barclays sorts the "Problem"

    Basically their mark to market assets become mark to make-believe/maturity and their balance sheet looks better than it did.

    I recall they described it as 'better utilising capital to give returns to shareholders' or some such -- i.e. a way to leverage up.
    It's Economics vs Thermodynamics. Thermodynamics wins.

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