Nouriel Roubini Calls For Bank Nationalization

Better Believe It

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Tue Feb-10-09 03:43 PM
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Nouriel Roubini Calls For Bank Nationalization

Nouriel Roubini Calls For Bank Nationalization

Roubini Expects U.S. to Play Stronger Role in Banks

Nouriel Roubini, a professor at New York University, talks with Bloomberg's Kathleen Hays about the banking industry and housing market. Roubini, who forecast the U.S. recession two years ago, says the U.S. government will have to nationalize some of the biggest banks because they are now "effectively insolvent."

Click on this link to see the Bloomberg news interview with Roubini:

http://www.bloomberg.com/avp/avp.htm?clipSRC=mms://media2.bloomberg.com/cache/v6XrXmJKayNA.asf

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Better Believe It

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Tue Feb-10-09 03:46 PM
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1. Roubini is once against right. The major banks in trouble need to be

Edited on Tue Feb-10-09 03:47 PM by Better Believe It

nationalized or the crisis will continue to deepend even with massive stimulus programs.

These are desperate times which require radical actions.

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FrenchieCat

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Tue Feb-10-09 03:47 PM
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2. Delete......

Edited on Tue Feb-10-09 03:55 PM by FrenchieCat

Cause poster is a folk hero who has done Mass organizing..... ( :sarcasm: )

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Better Believe It

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Tue Feb-10-09 03:59 PM
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5. Nothing positive to contribute in this string? Same old, same old!

Edited on Tue Feb-10-09 04:56 PM by Better Believe It

Are you "stalking" me once again FrenchieCat?

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uponit7771

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Tue Feb-10-09 03:48 PM
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3. Great minds :-) I just posted about this a couple of seconds ago. The banks are TRUE BASTARDS...

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anonymous171

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Tue Feb-10-09 03:51 PM
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4. Yep. nt

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Better Believe It

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Tue Feb-10-09 04:00 PM
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6. Here's another interview with Roubini and Nassim Taleb on CNBC

Edited on Tue Feb-10-09 04:00 PM by Better Believe It

http://www.cnbc.com/id/15840232?video=1027496846&play=1

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