For no reason other than to have it out in the open somewhere -presenting the financial filings of C12 Capital Management LLP:

It’s controlled by C12 Capital Management Holding Ltd – as in the guardians of Protium, the infamous Barclays toxic asset portfolio which is now being wound up – and it’s a nice breadcrumb on the trail leading to Michael Keeley, the former BarCap executive who managed Protium assets.

Happy reading.

Oh, by the way — FT Alphaville were rubbish at chemistry in school, so we only just realised that C12 might be a homage to carbon-12, one of the most abundant isotopes of carbon.

Protium, of course, is a highly abundant isotope of hydrogen.

Mix ‘em together and you get… methane.

There you go — everything about this really does stink.

Related link:
Protium’s acid reflux – FT Alphaville

This entry was posted by Joseph Cotterill on Thursday, April 28th, 2011 at 16:56 and is filed under Capital markets, People. Tagged with accounting, barclays, Barclays Capital, C12, Michael Keeley, Protium, tax. Edit this entry.