Martin Weiss from Weiss research NC said on CNBC, only 4 banks have adequate capital if economic down turn is going on, BAC/CITI will collapse ifthey can't raise new capital, but governement may not reveal the truth becaue of the shock. That's what he reckons.
only 4 of 19 banks have adequate capital
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Last
7,785.8 |
Change
16.400(0.21%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,769.4 | 7,796.9 | 7,753.9 |
| XJO (ASX) Chart |