Barclays (BCS) Expands as Wall Street Crumbles
Sep 17th, 2008 | By Jason Simpkins | Category: Financial NewsOne man’s loss is another man’s gain. Jason Simpkins reports that Barclays PLC (NYSE:BCS) is buying up the ‘healthy’ remains of Lehman Brothers (NYSE:LEH) at bargain prices, expanding and diversifying its operations in the process. Meanwhile, Goldman Sachs‘ (NYSE:GS) Q3 earnings were dreadful but still beat analyst expectations.