by Calculated Risk on 6/15/2008 05:18:00 PM
Sunday, June 15, 2008
Report: Barclays seeks Capital, More Write Downs Possible
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.