Tuesday, June 2, 2009

Smash and Grab

Abu Dhabi Set for Windfall on Barclays Stake Sale

Amazing returns coming home for sovereign funds middle east governments and china from the 08 wreckage. "Abu Dhabi sold an 11 percent stake in Barclays on Tuesday, making $2.5 billion from an investment that helped the British bank through the financial crisis and raising fears that the rally in bank shares may be over."

Posted by the_keynes_is_dead @ 10:58 AM (446 views)
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