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Re: Barclay's folks.

By: pochemunyet in IDCC | Recommend this post (0)
Fri, 06 Jul 12 7:24 PM | 450 view(s)
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Msg. 45661 of 48237
(This msg. is a reply to 45654 by my3sons87)

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Barclay's downgrade this week might be a contra-indicator. Maybe they know something...




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IDCC better keep both eyes on the Barclay's folks. They are
By: my3sons87
in IDCC
Tue, 03 Jul 12 4:44 PM
Msg. 45654 of 48237

not the most trustworthy company out there. Look at the leadership and what is going on with the rats getting the boot.

LONDON—The chief executive of Barclays PLC, Robert Diamond, resigned Tuesday amid intense political and investor pressure from the British bank's involvement in rigging an important interest-rate benchmark—and another senior executive appeared close to following him out the door.

The scandal is tearing through Barclays's top ranks. Two people close to the bank said Tuesday that Jerry del Missier, the chief operating officer, is likely to step down from his role. Monday, the bank said Chairman Marcus Agius would resign.

Mr. Agius will remain chairman while Barclays searches for his replacement—and for a new chief executive, the bank said.


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