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Strategies & Market Trends : Humble1 and Swing Trading Friends -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (24404)9/27/2016 9:56:04 AM
From: robert b furman  Read Replies (1) | Respond to of 41062
 
European banks just don't want to sell the overpriced assets on their books.

It has been since 2009 that they've been charges with raising capital!

I say wind them together like we did in the US.

They (DB and UBS have been serial cheaters over in the investment bank portion.

Its time to wind down the investment sides of those big banks - just as Merrill Lynch Beat Strearnes and Lehman went away in the U.S.

I think there is a lot to be said that strong growth can only be accomplished with strong banks by your side.

Euro land has so many beaurocrats - it has to be full of cronyism to the second or third power - thus nothing gets done!

Bob