Well, Barclays are big in the CDO market

and have been burned before (or did they burn someone else? Can't remember). Seem to remember they were big into CDO-squared's and if they still are they could be in deep trouble if there's a default or two.

A couple of months ago, Bear Stearns bought out something like $400m worth of trades - they look like the sensible ones now...

Posted By: BerlinCanary, Aug 22, 22:52:46