- Roland Hirschmueller, an equities trader at German brokerage Baader, after the sale of Bear Stearns for roughly 1% of what the investment bank was worth just 16 days ago.
Showing posts with label Roland Hirschmueller. Show all posts
Showing posts with label Roland Hirschmueller. Show all posts
Monday, March 17, 2008
"It is really—and I don't want to use the broadly quoted word 'panic' here—but it is an absolute confidence crisis and a liquidity crisis. Nobody trusts anyone anymore. It is not a nice situation."
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