Surveillance: CS CEO Koerner Urges Patience
Bloomberg Surveillance
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Is There a Difference Between Banks and Their Customer Bases?
David Frum: This is a very short term crisis of confidence driven by one bank that was essentially a levered PE fund. He says it's important to distinguish between banks and their funding and their customer bases. All of the large banks, as you kind of referenced a little bit earlier before we started the show, they will benefit from this he said.
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