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Jason Trennert: Is the USA the next Bear Stearns?

Posted By Prieur du Plessis On August 24, 2010 @ 12:22 pm In DEbt,Economy,US | No Comments


In this WSJ interview, Jason Trennert of Strategas Research Partners says Uncle Sam is handling its finances just like Bear Sterns, paying for long-term liabilities with short-term borrowing.

Source: The Wall Street Journal [1], August 23, 2010.

Click here [2] for a Moneynews.com summary of the interview.

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URLs in this post:

[1] The Wall Street Journal: http://online.wsj.com/video/opinion-journal-is-the-usa-the-next-bear-stearns/0A300C23-EA67-47AA-B57C-5CE35BF17828.html

[2] here: http://www.moneynews.com/StreetTalk/US-Next-Bear-Stearns-/2010/08/24/id/368248?s=al&promo_code=A95A-1

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