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Uploaded by: Reggie Middleton  •  Category: General  •  Added on 02 June 2010

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Airtime: Fri. May 28 2010 | 0:00 DT ET
If the European debt crisis caused a default in Spain and Italy as well as Greece and Portugal, it could cause a 40% hit to banks' capital reserves, Tony Crescenzi from PIMCO told CNBC Friday.

Comments
Reggie Middleton
Reggie Middleton You gold bugs are probably flipping in your yet to be purchased graves after the fiat currency vs gold comments this guy made 10 years ago
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