Following up on "Barclays Hit With "Immense" Copper Trading Loss; 50 Sigma Move In Cancelled Aluminum Warrants (50-Sigma events don't happen)"
Barclays Says Reports of ‘Big Losses’ in Metals Are ‘Nonsense’
Barclays Capital said reports that it had “big losses” in metals are “nonsense.”Also at Bloomberg:
“The reports of big losses are nonsense,” according to a statement e-mailed today by Aurelie Leonard, a spokeswoman in London. “There has been no abnormal trading in the commodities business.”
Barclays Metal Losses May Be Accounted For, Mediobanca Says
I liked one of DealBreaker's tags: "shut your mouth when you're talking to me".