"I think people have been comfortable with the credit risk of banks and for the most part the Federal Reserve has indicated that banks are as strong as they have ever been." --Chris Ricciardi, head of global structured credit products group at Merrill Lynch, speaking on the creditworthiness of trust preferred CDOs. For complete story, click here.
"I think people have been comfortable with the credit risk of banks and for the most part the Federal Reserve has indicated that banks are as strong as they have ever been."
