Thursday, May 7, 2009

Nouriel Roubini on CNBC May 6 2009

Prolonging the Recovery Process
The improvement of the financial condition of the U.S. financial system might take longer than otherwise because two key issues aren't being addressed. Nouriel Roubini, co-founder & chairman at RGE Monitor tells CNBC's Karen Tso what they are.

1 comment:

Anonymous said...

Mr Roubini,
Are banks & other institutions bailed out with public funds forbiden to invest some of these funds in the stock markets?
If the answer is no could the low cost of this loaned money end up causing a market bubble like the year 2000 low interest rates did?
And this in spite of the much worst condition of the banks & the economy but as a result of the huge size of the bail out funds since even a fraction diverted to speculation might have a significant impact.
Your comments would be appreciated.

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