Friday, Aug 22, 2008
Webcast about American banks' vulnerability to failure (very end-user orientated)
moneyandmarkets.com: The Great American Nightmare
The webcast starts off with a list of US based banks (large & small/owned by foreign banks or US domestic) that are likelier to fail than peers. The emphasis is on probability of failure rather than on forecast failure (which I felt was quite balanced). They then move on to discussing various deposit/investment safety aspects for bank depositors as well as shareholders (again, quite a balanced view to take). If you have an hours' time to listen/view this audio and if you are interested in the current banking crisis this will provide you with a good half hour's infotainment. I get the feeling this was somewhat sponsored by thestreet.com because their safety ratings was used and the presenters made quite a few reference to this website.
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