Steve Eisman – “Europe Is screwed. You guys Are Still screwed”
It is sometimes more interesting to follow the Wall Street whisper talk than it is to follow the official Wall Street bank meme that often predominates. (Interestingly enough, Wall Street whisper talk, which often goes against the bank consensus, seems to take place more in London, Chicago and Singapore than it does on Wall Street.) Steve Eisman's recent interview with The Guardian points to interesting dichotomies as well as an emerging relative value trade among EU banks (primarily in Italy) and UK banks.
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