Senator John Kennedy: Banks are just … sophisticated ponzi schemes…. Mohamed El-Elrian: We’re making the big banks bigger… We have increased moral hazard.

Sharing is Caring!

Banking turmoil is far from over. Bill Ackman, Jeffrey Gundlach, and Mohamed El-Erian have renewed their warnings about unresolved risks.


Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.