May 15, 2012

A Lot Of People Are Having To Liquidate Positions

I know that a lot of people are having to liquidate positions because now the banks’ examiners are all over these banks especially JPMorgan (JPM) so they’re trying to take off as many positions as they can so that the regulators don’t put them out of business. - in CNBC 

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.