Bove predicts 200-300 more bank failures

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Uploaded by on Nov 19, 2009

Richard Bove of Rochdale Securities, who spoke at The Deal Economy 2010 Conference says that 200-300 more banks will fail in a year or a year and a half due to commercial and residential real estate loans. In this video Bove also adds that financial reform is headed in the wrong direction. See the video below or download it at iTunes. - Maria Woehr

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  • the New World Order banks such as BofA and CITI and JPChase would love to consolidate all these small banks. one ring to rule them all.

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