Oh Dear: Barclays going bust?

[Troll]

they blamed CREST - see http://www.telegraph.co.uk/money/mai...31/ccom131.xml

No bank wants to deal with Barclays - its time to move to a solvent bank.

Oh Dear™

[ElectricChair]

Anyone with money in Barclays might want to shift it to, say, just for example, Nationwide (in Swindon ), which is a great bank.

Are you per chance biased?

[DimPrawn]

Are you per chance biased?

It's a local bank for local people. We'll have no trouble here!

(and no offshoring there either).

[kirk]

I owe Barclays quite a bit in loans; might be good for me if they go under

[ElectricChair]

I owe Barclays quite a bit in loans; might be good for me if they go under

If you owe your bank a million you have a problem - owe them a billion and they have a problem.

[Sysman]

If Barclays is about to collapse, glee is the last thing you should be feeling.
The repercussions will be severe all round.

I understand what you say, but part of my past says a Great Big Whoopee!

Wind it back 15 years and someone created a poster with the slogan "Barclays - the Death of the Businessman", or similar, with a graphic of a suited businessman hung on a lamp post. They didn't kill me, but they gave me an unreasonably hard time. FFS all my customers were using me as a source of free credit. Then when I finally got paid a good lump, Barclays fecked up a customer and bounced the cheque on me.

No sympathy whatsoever here. I reckon one good reason is that there are folks out there like me who have bad memories of those days, and want revenge.

But like you, I do fear the consequences.

[sasguru]

If Barclays really are in trouble then we are really in deep doo-doo - 1929 stylee.

[NoddY]

If Barclays really are in trouble then we are really in deep doo-doo - 1929 stylee.

But we've learnt from our experiences from 1929 as follows:

• Fund offices in Mayfair are low rise, so there is a chance of survival.
• The windows at Moneylender Towers and The Wharf can't be opened

I'm investing in Paracetamol manufacturers and exhaust pipe tubes. You heard it here first!

So, you see, it really is different this time.

[ElectricChair]

buy supermarket stocks

[ElectricChair]

I wear flip-flops