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Price of Assets 'Opaque' Following US Bailout

Mon 29 Sep 08 | 05:00 AM ET
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Price of Assets 'Opaque' Following US Bailout

Mon 29 Sep 08 | 05:00 AM ET
Markets may welcome the $700 billion bailout package, but Marino Valensise, CIO of Barings, said he is worried about "opaque" price of liquid assets and how those prices will be established. Padhraic Garvey from ING Wholesale Banking comments on the possibility of a similar package for the EU.

Topics:

Economy (U.S.)  | Europe (West)  | Politics and Government Banks

Sectors:

 | Financial Services
 
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