Barclays Bank

[rov1200]

Barclays unlike HBOS refused a bail out from the government only to be saved by a cash injection from some Middle East countries. This deal comes at a dearer price than could be obtained by a deal from the taxpayers and the shareholders may suffer from this. Robert Preston, BBC finance editor said the deal was to protect the bonuses of the executives of Barclays which would have been lost if they had chosen the alternative. Do you think this was the real motive?

http://news.bbc.co.uk/1/hi/business/7701405.st m

[New Judge]

The real motive is that Barclays do not want to be told what to do by the government. And if it costs their shareholders a little extra it will be a price worth paying.

[jno]

that would be my guess, rov1200. New Judge, would you put your savings in a bank that pays less interest because it prefers to keep the money itself in order to give its directors bigger bonuses? Not I.

[jake-the-peg]

Don't seem to have exactly prospered on their own advice do they?

Seriously though I had heard that they'd got a slightly better deal than they would from the Government. On the Today program earlier this week.

If you read this article carefully it says:

However, he [BBC business editor Robert Peston] added that the terms of the deal were not necessarily cheaper than those offered by the Treasury.

So I think what you have here is the classic signs of media speculation. Journalists interviewing other journalists.

The comment about giving up bonuses has been deliberately planted there to put this in your mind without actually having to say it explicitly and risk legal action.

Media weasel words I think - don't fall for it