Nov 17, 2007

Mary Beth Kissane: What did the banks know?

The banks didn't know until four days ago they had a big problem? Either they don't know, which is a competence issue, or they do, which is a criminal issue.

~ Mary Beth Kissane, head of investor relations at corporate public relations firm Walek & Associates, and a member of PR Newswire's Disclosure Advisory Board, "Lifting the Lid: Were banks' writedowns too little, too late?," Reuters, November 16, 2007

No comments: