Richard Bove Sees Debt Hurting Brokerage Profits in 2008: Video

Richard Bove, an analyst at Punk Ziegel & Co., talks with Bloomberg's Carol Massar from Tampa, Florida, about brokerage earnings and the Federal Reserve's half-point interest-rate cut. Goldman Sachs Group Inc. today said net income rose 79 percent in the third quarter to $2.85 billion, or $6.13 a share. (Source: Bloomberg)

Bloomberg | September 20, 2007

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