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US Risking Recession With Attack on Big Banks: Bove
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US Risking Recession With Attack on Big Banks: Bove

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US Risking Recession With Attack on Big Banks: Bove

A government desire to break up the nation's largest banks and discourage lending is going to force the US into a recession, analyst Dick Bove told CNBC.

More on CNBC...

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I think I have to agree with the government on increased capitol requirements...if it causes some of these big banks to fail, so be it. I'm sure after an "adjustment" period things will normalize and in the long run we will be better off.

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