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THE TALK SHOW AMERICAN: More than 400 US Banks Will Fail: Roubini - CNBC

Tuesday, September 07, 2010

More than 400 US Banks Will Fail: Roubini - CNBC

More than 400 US Banks Will Fail: Roubini - CNBC

Even if the US and European economies manage to avoid a double dip, it will still feel like a recession, while more than half of the 800-plus US banks on the "critical list" are likely to go bust, according to renowned economist Nouriel Roubini of Roubini Global Economics.

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