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Posts Tagged ‘Barclays boss shredded documents’

Barclays Wealth: Little More Than a Boiler Room?

Posted by Larry Doyle on January 23rd, 2013 9:11 AM |

The cover up is often worse than the crime.

How often have we seen that reality play out? All too often. Might we see it play out once again at Barclays Wealth Management, a division of Barclays Global?

Well, depending on how aggressive financial regulators  — I know, that is an oxymoron — might be, the operation at Barclays Wealth may prove to be particularly volatile and potentially explosive. How so? If there is a shred of truth in a story emanating in the UK, then Barclays Wealth might only be compared to some of the best boiler room operations on Wall Street.  (more…)






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