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Daily Archives: November 12, 2010
Meredith Whitney on banks, new regulation and the burden of QE2
Regional Bank Profits to Get Hit by New Regulations: Whitney Regional banks are going to become less profitable because of tighter financial regulations and are likely to close thousands of bank branches to cut costs, analyst Meredith Whitney told CNBC. … Continue reading
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Gary Shilling on the age of deleveraging
Gary Shilling, president of A. Gary Shilling & Co., talks about the impact of the decline in U.S. consumer spending on global currency policy, and the G-20 summit in South Korea.. Watch the interview here.
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Nassim Taleb on the Fed's lack of understanding on the risks they have created
Nassim Taleb, New York University professor and author of “The Black Swan: The Impact of the Highly Improbable,” discusses the Federal Reserve's decision to initiate another round of quantitative easing. Taleb on Bernanke: “This guy doesn't understand risk:” Watch Bloomberg … Continue reading
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