Wednesday, January 30, 2008

There may be trouble ahead…..

Rights issue ahead for Barclays and RBS says Citi

Just thought this would be of interest while on the subject of rights issues...... Dont suppose the Citi boys are too upset!

Posted by techieman @ 04:25 PM (827 views)
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3 thoughts on “There may be trouble ahead…..

  • The FT post has a comment to this blog which has the scary pic below

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  • hmm pic doesn’t appear any take a look at the link

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  • So, erm, lets put this in laymen’s terms (for me in other words!).

    Banks used to have reserves but now they’ve got none, so they’re utterly dependent on government reserves to fund their business models like no other time in history. Did I get the gist?

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