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Strategies & Market Trends : Galapagos Islands

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To: Jorj X Mckie who started this subject9/27/2002 12:04:43 PM
From: quote 007  Read Replies (1) of 57110
 
DJ SunGard's Dudack -2: Says Economy Is At Dangerous Stage

NEW YORK (Dow Jones)--The economy is in the most dangerous stage of unwinding the bubble, Gail Dudack, the managing director of research at SunGard Institutional Brokerage, told CNBC Friday.

A bubble was created by a lot of debt, and "as you can see this year's problem has been bankruptcies," she said.

"The big risk is that there is a bankruptcy out there that we can't see," she warned. "These are the things you must prepare for."

-Adam L. Freeman; Dow Jones Newswires; 201-938-5023
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