Case for more regulation in European banks: Wilbur Ross

PUBLISHED ON: September 13, 2011 | Duration: 24 min, 21 sec

   
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Wilbur Ross, chairman and CEO of WL Ross & Co, says the current Eurozone debt crisis is not just about fiscal tightening but about structural reforms with big exception being Ireland. He also adds that there is no effective regulation of European banks as compared to the US.
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