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Barclay’s Bond Blunder

edited March 29 in Other Investing
This is having ripples across the investment markets. Bloomberg reports that Dodge & Cox is one of the largest holders of the stock. DODBX was down sharply yesterday due to a quarterly distribution. So, I don’t have a good read on how this issue may have affected their funds. BARC is down 2.8% at noon today.

Bloomberg is reporting a large block sale (in excess of $1 Bil) of Barclay’s stock today.
Here’s a Yahoo story re that sale.

Here’s an earlier story from Monday: U.S. News
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