A Barclays executive said that a complex deal with Qatar designed to rescue the bank during the 2008 financial crisis was "a nightmare," in conversations repeated at trial in London.
When former bank executives realised that Qatari investors could end up with a higher shareholding than previously expected, plus seats on the board, one banker said: "we're fucked."...
At 2 o'clock in the morning I was panicking that we were about to get nationalised and you guys must have been the same because the government would, wouldn't look kindly on compensation over a million dollars.
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