This in Wednesday, via a Reuters conference in London: Hugh Hendry, CIO of hedge fund Eclectica Asset Management, declared that financial stocks could take 25 years to recover from the subprime disaster and added that Citigroup Inc. would fall below $10 a share. (more…)
Have to love Hugh Hendry
April 11, 2008 · No Comments
Categories: 401(k) · Hendry · Hugh Hendry · bank failures · bank insolvency · banking crisis · banking system · bankrupt · banks · bear market · bears
