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Tuesday, October 19, 2010

Chris Whalen on Kudlow

Larry talks about the freeze on foreclosures.  Go to 3:30 in the video to catch Chris Whalens comments on BAC's exposure to mortgages.  Barry Ritholtz talks about more bailouts for the housing markets, where Chris counters that if we do this, we will have a problem the likes of something we have not seen before.  Chris is one of the most respected analysts of banks around and has done a lot of research on banks dealings.

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