Repairing the old wallet.

Stock picking is gambling so Lord Patel to salve his financial wounds invested last Monday in Barclays at 82 p and sold out this am @ 118p. (UPDATE Wed opnend at 127 )A modest return relying on the venality of bankers / hedge funds etc., who have been ramping the share to buggary. (Ditto LLoyds)

This is going into ING (now with sensible management in place and clear stated goals) which he confidently expects to run up to 10 Euros from the current 4.74 Euros (closd at 4.89)

Some is also going (counter cyclical and prolly very unwise) into Lloyds Bank at 57p which has run from 40 p in the last 2 weeks.(closed at 61.7) UPDATE Wed opened at 64.5

The proceeds will eventually ne used to swallow up some more Drax and Tesco.