Parker of Credit Suisse Sees Stocks Sell-Off Lasting 2-3 Weeks

Bob Parker, deputy chairman at Credit Suisse Asset Management, which oversees about $335 billion, talks with Bloomberg's Rishaad Salamat and Nigel Stevenson in London about the outlook for reinsurance stocks and this week's sell-off in the global equity markets. Munich Re, the world's second-largest reinsurer, today said fourth-quarter profit declined 52 percent to 641 million euros ($846.4 million) from a year earlier when asset sales boosted earnings. (This is an exceprt. Source: Bloomberg)

Bloomberg | February 28, 2007

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