Barclays Shares Down 25%
Most of the losses occurred in the last hour of trading. The City is awash with rumours as to why. With the Treasury looking at a second round of bank bail-outs it looks like the taxpayer is going to need a lot of lube for another big shafting. Admittedly it could just be an old-fashioned bear ambush now shorting financial stocks is permitted again…

*Guido covered his gilt short anyway, when fear grips the markets government bonds tend to rally. Will short gilts again later…

mdi-tag-outline Boom to Bust Market Watch
mdi-timer January 16 2009 @ 17:25 mdi-share-variant mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-printer
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