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The Risk of Meltdown is Greater Now than in 2007

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October 05, 2009 – Comments (3) | RELATED TICKERS: BA , NC , BOOM

In this interview with Max Keiser, Janet Tavakoli - an author and expert on structured finance and derivatives - voices grave concerns about the state of the banking system. In her estimation, the risk of complete meltdown remains very high. It is well worth the listen!

 

3 Comments – Post Your Own

#1) On October 05, 2009 at 10:19 AM, dudemonkey (40.57) wrote:

Do you have a link to the interview?

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#2) On October 05, 2009 at 11:10 AM, JGus (28.69) wrote:

Sorry, I tried to embed it. Unfortunately, it didn't work and I didn't realize that until just now. I'll try again in this comment.

Okay, I guess I'm not able to embed. Here's the link

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#3) On October 05, 2009 at 1:23 PM, biotechmgr (35.09) wrote:

This is in line with the Elliott Wave International forecast. Wave 3 has begun. Financial markets will ultimately make their way to new lows. The damage will be worse than before.

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