Surveillance: Transition Period with Zelter
Bloomberg Surveillance
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The Bank Stress of the Last Month Is More Idiosyncratic Than Systemic
Dan Greenhouse: Are we learning that the bank stress of the last month or so is more idiosyncratic than systemic, or is it still too early? "I don't know that hearing from JP Morgan and Wells Fargo tells me what Western's going to tell me after the close," he says. We're still trying to gauge to what extent we'll see a tightening of London standards; how contained macro economic spillovers will be. You live in the billions dream. Dan, your strategies to a hedge fund.
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