I spoke about analyst Mike Mayo in my book Juggling Dynamite as being one of the few independent useful analysts on Wall Street. He has been repeatedly ostracized by management and his peers for honest calls that do not play the game. Here he is this morning talking about the current state of the financial system and why what we have today is not capitalism. He also has a new book “Exile on Wall Street” which I will read.
For those viewers who cannot see the video clip below, you can view it here .
Cory’s Chart Corner
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