Is Barclays Bank a safe bank to have money in during the credit crunch?
I would keep my money there. They warned of this “Credit Crunch” when nobody else would listen. I would be more willing to keep my money in a bank that was warning of the problem during the time when Bush, The Fed, and others were saying everything is fine. Barclays knew better. If they were telling people there was a problem when the “poli – trick – sters” was saying everything was fine and Barclays turned out to be correct then it shows honesty. Thats very rare in banking today. Keep your money there but watch out for the BOE and their scams. This story originally came out on June 28, 2008 but has been updated through the months. http://www.telegraph.co.uk/finance/newsb… Barclays warns of a financial storm as Federal Reserve’s credibility crumbles………. Barclays Capital has advised clients to batt
