Something bad happening to Credit Suisse would be 'like a Lehman moment' - Nouriel Roubini
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Price: $0.89 --0%
Rating Summary:
8 Buy, 7 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 5 | Down: 1 | New: 2
Rating Summary:
8 Buy, 7 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 5 | Down: 1 | New: 2
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'Dr.Doom' Nouriel Roubini of Roubini Macro Associates Chairman speaking to Bloomberg on the Credit Suisse (NYSE: CS) drama.
- Credit Suisse could be too big to fail but also too big to be saved;
- CS needs more capital, the question is whether they get it or not;
- Credit Suisse represents a more severe crisis than the SVB closure;
- Something bad happening to CS would be "like a Lehman moment'.
By Senad Karaahmetovic
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