Posted By RichC on January 21, 2012
I’m archiving the comments of guest Doug Dechille (First Principles Capital Management LLC) on CNBC’s Squawkbox this week. It gave me pause as our politicians and media debate the capital system which helped grow our country. Dechille brought light to the problems financial institutions have with government involvement and the heavy hand of the Federal Reserve … and the telegraphing of their actions. I’m not sure how much of this is understood by those outside of the finance world, but it could add to the pile of things slowing our economic recovery.
Doug Dechille – CNBC Squawkbox on January 19, 2011
Doug Dachille, CEO of First Principles Capital Management, offers his analysis on how difficult it is for financial institutions to operate in the current environment, and how it has been made even more difficult by Federal Reserve policy.