How's their balance sheet? Thought you would never ask! Have you ever heard of counterparty risk...its waiting for the perfect moment to trigger the next shoe to drop. Right on-time! By-the-way, who do you think is one of the largest counterparties on the other side of the JPM 79 trillion ponzi scheme derivatives book? You guess right if you said Deutsche Bank. European banks are in trouble and so are the US counterparts...lets see what Bernake can come up with this time.
MiB: Stephen Cohen, BlackRock’s Chief Product Officer and Head of Global
Product Solutions
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This week, I speak with Stephen Cohen, BlackRock’s Chief Product
Officer and Head of Global Product Solutions. He is responsible for
delivering sol...
2 hours ago
