Face To Face With David Einhorn: King World News

Jan 12, 2011

Eric King of King World News just conducted an interview with David Einhorn. When asked about the Fed’s zero interest rate policy and other Fed actions being dangerous longer-term Einhorn responded, “I think that they’re quite dangerous. We just went through a period with mortgage borrowers and with mortgage borrowers what we saw, particularly relating to the adjustable rates and so forth, the teaser rates, is when the rates are at a particular level the borrowers are able to service the debt.

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http://kingworldnews.com/kingworldnews/Broadcast/Entries/2011/1/11_David_Einhorn_files/David%20Einhorn%201%3A11%3A2011.mp3

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