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Inflation vs. Banking Drama

Motley Fool Money

Credit Suisse Is a Leveraged Institution

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Sally Crocek who at one point was the CEO of Merrill Lynch wealth management gave an interview in CNBC this morning. She said and I'm quoting here it's Deja Vu these banks are less leveraged than they were in 2008. But you can drown in an ocean or a pond you don't have to see the equity hit too hard before you're in crisis mode.

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