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Bailout Breakdown With Jim Chanos

MRKT Matrix

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Are We Going to See More Bank Failures?

I don't know that there's going to be a lot more bank failures, Dan. But what I will tell you and what you should avoid in your portfolio is anybody dependent upon third party financing to keep the lights off. A lot of those companies and business models are heavily leveraged and just like a bank. And so I would avoid anything that fits that definition.

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