The Negative Information Asymmetry in the Banking System

Nobody right now is really stopping to analyze what is it that's really going on in the banking system, he says. And I think it only starts with commercial real estate in the same way that it wasn't the 2008 crisis wasn't really about subprime mortgages. That's just where it began. Once it started to infect all of these major functions in the bankingsystem, it led to the situation that we're confronting now.