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BlueCrest's Michael Platt: European Banks are "Insolvent" Amid Crisis
Thursday, December 15, 2011 - 6:07pm | 1692Michael Platt, founder of the $30 billion hedge fund BlueCrest Capital, spoke to Bloomberg Television's Erik Schatzker and Stephanie Ruhle in his first-ever live TV interview. Platt said that most of the banks in Europe are insolvent and the situation in the region is "completely unstable." On...