Video: IndyMac CEO Interview on CNBC
An interview on CNBC with IndyMac Bank CEO Michael Perry about company's Option ARM mortgage portfolio and Federal Reserve's decision to leave interest rates unchanged.
You get the sense that Indy Mac's CEO has absolutely zero idea as to whats coming,
September 20, 2006:
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Monday, July 14, 2008 | 05:15 AM | Permalink
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When was that interview? Oil was at $60.
To be fair, he doesn't seem that out of touch: At that date, he was correct about the top in the housing market.
Posted by: Grodge | Jul 14, 2008 6:58:33 AM
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