This did make me laugh
Barclays director Fritz Seegers borrows £1m in order to buy Barclays shares in 2007 at £6.80 and then uses these shares to raise another loan to buy more shares. The shares are now worth under 50p. Oops. Oh well.
http://www.guardian.co.uk/commentisf...dence-in-banks
Barclays director Fritz Seegers borrows £1m in order to buy Barclays shares in 2007 at £6.80 and then uses these shares to raise another loan to buy more shares. The shares are now worth under 50p. Oops. Oh well.
http://www.guardian.co.uk/commentisf...dence-in-banks
