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| Permalink View Article Stats (2 comments) Wilbur Ross: Possibly a Thousand Banks Will Close Quicklink submitted by Sheila Samples (Add your own quicklinks easily with the OpEdNews Quick Link Browser bookmark) |
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| In an exclusive interview with CNBC.com, Wilbur Ross, chairman and CEO of WL Ross & Co., says he sees possibly as many as a thousand bank closures in the coming months. And this will create opportunities for investors. 'I do think a lot of the regional ones will (close), just as they did in the last savings and loan crisis in the 1990s,' Ross said. |
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http://www.cnbc.com/id/15840232?video=856703151&play=1
by Shelby on Monday, Sep 15, 2008 at 5:04:30 PM
President Hoover-Bush
by Stephen Hansen on Monday, Sep 15, 2008 at 5:20:32 PM