GMO whitepaper: You Can Bank on It: European Banks Need Tons of Money - By Richard Mattione

In this white paper, Rich Mattione continues his earlier study (Et tu, Berlusconi?) on the sovereign debt crisis, with a particular focus on the capital strength of banks in Europe.

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Related previous post: GMO whitepaper: Et tu, Berlusconi? The Daunting (But Not Always Insuperable) Arithmetic of Sovereign Debt - By Richard Mattione