No Rights Issue - a Wrong Move? ; 1) Business2) City Spy
Evening Standard - London › June 26, 2008
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Summary
HOW cynical, those analysts. While most applauded Barclays for avoiding a rights issue and opting for sovereign fund bailout money instead, some pointed out there could be another reason for eschewing the rights offer.
One unnamed scribbler puts his neck on the line, saying: "I am certain they have gone down this route to avoid announcing the kind of writedowns other banks have been forced to make. RBS has kitchen- sinked as much as its could.See the full content of this document
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No Rights Issue - a Wrong Move? ; 1) Business2) City Spy
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