Analyst Richard Bove says that despite all the doom saying about the banking industry, it's actually in good shape. He tells Steve Inskeep that mortgages and home equity loans are being repaid. Bove also says that due to depressed markets, people are parking their money in banks which is giving them a healthy revenue stream.
Analyst: Banking Industry Not All Doom, Gloom
News & Features National Public Radio · NPR ·