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Barclays Bk PLC iPath Dow JonesUBS Platinum Subindex Total Return ETN Exp 24th Jun 2038 V.PGM


Primary Symbol: PGMFF

Barclays PLC is a diversified bank with five divisions comprising Barclays UK, Barclays UK Corporate Bank, Barclays Private Bank and Wealth Management, Barclays Investment Bank and Barclays US Consumer Bank. The Barclays UK division represents businesses that sit within the United Kingdom ring-fenced bank, Barclays Bank UK PLC and its subsidiaries, and comprises Personal Banking, Business Banking and Barclaycard Consumer UK. The Barclays UK Corporate Bank division offers lending, trade and working capital, liquidity, payments, and FX solutions for corporate clients. Barclays Private Bank and Wealth Management division comprises the Private Bank, Wealth Management, and Investments businesses. Barclays Investment Bank division incorporates the Global Markets, Investment Banking, and International Corporate Banking businesses. Barclays US Consumer Bank division represents the United States credit card business, focused in the partnership market, as well as an online deposit franchise.


OTCPK:PGMFF - Post by User

Comment by Sherry35on Feb 23, 2023 4:06pm
64 Views
Post# 35301857

RE:RE:RE:RE:RE:More pullbacks

RE:RE:RE:RE:RE:More pullbacksRockormen. There is no "some shady way to get out from this mess". The Federal Bankrupytcy and Insolvency Act defines who gets paid first, second and third. The only shady deal is selling the assets to the second highest bidder that happens to be owned by Sprott and Anglo.

The Sprott Lending will be reimbursed first for floating the CCAA and C&M costs. The secured creditor (Sprott Lending) gets paid next. Then the remaining creditors on the court recognized list. If there is anything left over, possiblely the share holders. The caveat being that the court monitor would have to seek court approval for share holder distribution. These are sociopathic lawyers looking out for the best interests of the share holders. Is there mention of distribution of asset sales proceeds to comm0on share holders in the CCA documents? Post the proof.
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