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Sunday, June 15, 2008

Report: Barclays seeks Capital, More Write Downs Possible

by Calculated Risk on 6/15/2008 05:18:00 PM

From the Financial Times: Barclays seeks to raise £4bn

Barclays is seeking to raise as much as £4bn ($8bn) from outside investors ... Analysts believe Barclays ... is being less conservative than some of its rivals in marking down assets ...
The confessional will still be busy.