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	<title>Comments on: Nothing ruled out at Barclays</title>
	<link>http://ftalphaville.ft.com/blog/2008/05/15/13072/nothing-ruled-out-at-barclays/</link>
	<description>FT Alphaville from FT.com</description>
	<copyright>Copyright The Financial Times Ltd 2006. "Alphaville", "FT" and "Financial Times" are trademarks of the Financial Times.</copyright>
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	<pubDate>Wed, 20 Aug 2008 10:13:48 +0000</pubDate>
	<lastBuildDate>Wed, 20 Aug 2008 10:13:48 +0000</lastBuildDate>
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	<language>en</language>

	<item>
		<title>by: CMO geek</title>
		<link>http://ftalphaville.ft.com/blog/2008/05/15/13072/nothing-ruled-out-at-barclays/#comment-20757</link>
		<pubDate>Thu, 15 May 2008 14:05:43 +0000</pubDate>
		<guid>http://ftalphaville.ft.com/blog/2008/05/15/13072/nothing-ruled-out-at-barclays/#comment-20757</guid>
					<description><![CDATA[It looks like Barclays made a big mistake hiring the UBS head of rates who got fired last fall for running UBS in to the ground with his bloated mortgage and ABS CDO portfolios.]]></description>
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		<title>by: clutchingatstraws</title>
		<link>http://ftalphaville.ft.com/blog/2008/05/15/13072/nothing-ruled-out-at-barclays/#comment-20643</link>
		<pubDate>Thu, 15 May 2008 09:26:38 +0000</pubDate>
		<guid>http://ftalphaville.ft.com/blog/2008/05/15/13072/nothing-ruled-out-at-barclays/#comment-20643</guid>
					<description><![CDATA[many thanks Helen]]></description>
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		<title>by: Helen Thomas</title>
		<link>http://ftalphaville.ft.com/blog/2008/05/15/13072/nothing-ruled-out-at-barclays/#comment-20642</link>
		<pubDate>Thu, 15 May 2008 09:21:05 +0000</pubDate>
		<guid>http://ftalphaville.ft.com/blog/2008/05/15/13072/nothing-ruled-out-at-barclays/#comment-20642</guid>
					<description><![CDATA[@clutchingatstraws,

not immediately clear to me what writedowns Barc took on exposure to monolines - they break their £1.7bn down into £495m on ABS CDOs and £1.2bn on other credit market exposures. Not very much I think
But in general, writedowns could be the result of downgrades - (bulk of Barc's exposure still with AAA/AA rated monolines) - or rethink on the value of that insurance.  Exposure has been ballooning because as value of underlying assets falls the market value of the insurance on them rises.  Details on page 6  of report.]]></description>
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		<title>by: Harry Hindsight</title>
		<link>http://ftalphaville.ft.com/blog/2008/05/15/13072/nothing-ruled-out-at-barclays/#comment-20640</link>
		<pubDate>Thu, 15 May 2008 08:57:26 +0000</pubDate>
		<guid>http://ftalphaville.ft.com/blog/2008/05/15/13072/nothing-ruled-out-at-barclays/#comment-20640</guid>
					<description><![CDATA[the share price is still disconcerting]]></description>
				</item>
	<item>
		<title>by: clutchingatstraws</title>
		<link>http://ftalphaville.ft.com/blog/2008/05/15/13072/nothing-ruled-out-at-barclays/#comment-20637</link>
		<pubDate>Thu, 15 May 2008 08:12:31 +0000</pubDate>
		<guid>http://ftalphaville.ft.com/blog/2008/05/15/13072/nothing-ruled-out-at-barclays/#comment-20637</guid>
					<description><![CDATA[...£1.7bn of writedowns on its exposure to subprime mortgages, monoline insurers and other such assets...Pardon my ignorance, but are the right downs attributable to "monoline insurers" due to down-grades of monolines/bond insurers by the rating agencies in the last quarter...?]]></description>
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