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Investors Need Companies to Go Bankrupt

Fri 10 Oct 08 | 12:43 AM ET
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Investors Need Companies to Go Bankrupt

Fri 10 Oct 08 | 12:43 AM ET
Markets do not trust the governments' plans to keep struggling banks alive and investors will only calm down when the companies with bad assets are allowed to go bankrupt, legendary investor Jim Rogers, CEO of Rogers Holdings, told CNBC Friday.

Topics:

Economy (U.S.)  | Investment Strategy  | Politics and Government  | Stock Market  | Wall Street Banks

Sectors:

 | Financial Services
 
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