I picked up Barclays Bank last week during decline @ 31.40. I had been waiting for the drop since March, and upon falling past 31.70, it’s been a very attractive stock in my eyes. While practically all financials have had write downs and reevaluations, Barclay’s was forthcoming quite early, and didn’t hesitate to take action. As a result, they’ve ridden a very fine line against losses. BCS has also not taken the opportunity to raise capital, something I believe would help the stock. It has some great upside potential in my eyes. Should they choose to raise capital, I expect a buyout of an undervalued M&A or equities capital markets broker. The decline was an expected bump in the road, but of all banks Barclays calls peers (notably UBS and RBS), they were the most attractive.