Sunday, September 7, 2008

Problem Loans

Gerard Cassidy of RBC Capital Market made that claim on Bloomberg, the interview is available at youtube. Of course some of us are fully aware of the coming bank failures, this gives even more reason to avoid upside bets on the economy.

It's interesting that Bloomberg TV has disabled embedded availability of the video, where one could speculate that they do not want public investored informed. (I uploaded it here manually)

video

0 Reflections: