European Tribune - Comments - I am a banker. Some of us did not f*ck up.

I am a banker. Some of us did not f*ck up. | 44 comments (44 topical, 0 editorial, 0 hidden)

Well according to the leaked Barclays docs, that margin is bit higher.

Of course, you have to send your LIBOR to a detox center on the Canary Islands, otherwise it will get your whole portfolio sick.

Or just buy the whole damn money market house that was supplying your LIBOR, which ever looks better on the books.

When world history is written, Texas will appear as a long elaborate joke.

by Pinche Tejano on Sat Mar 28th, 2009 at 03:41:31 PM EST
[ Parent ]

Re: margins of 1-2% (none / 1)

margin for what? It depends on the risk. All margins are basically 1.5% more than what they were in mid/late 2007.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Sat Mar 28th, 2009 at 03:48:38 PM EST
[ Parent ]

Re: margins of 1-2% (none / 0)

just wait, I am known for my clever tricks.

Decanted a few of the Barclays documents, take a gander yourself:

http://www.docstoc.com/docs/5046490/BarclaysValiha

When world history is written, Texas will appear as a long elaborate joke.

by Pinche Tejano on Sat Mar 28th, 2009 at 09:57:55 PM EST
[ Parent ]

I am a banker. Some of us did not f*ck up. | 44 comments (44 topical, 0 editorial, 0 hidden)

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