Bartiromo asks some good questions, including “are banks adequately capitalized today?”
—-Not to beat a dead-horse here, but I thought I’d blog one last interesting thing on Goldman. This from today’s conference call. (Transcript via Thomson Street Events, no link)—-
Apologies to readers for being a day late to this.
Whitney notes that “core fundamentals” inside the banks are terrible, that they’re still very much on “life support,” and that they’re “kicking the can down the road.”