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A Greek Default Remains Possible and Grows Less Important
By: Charles Lieberman Date: 02/21/12“If you owe your bank one million dollars, you’re in trouble. If you owe your bank one billion dollars, the bank’s in trouble.” European governments keep pressing Greece for budget promises and guarantees and progress continues to be made for another tranche of funds to be loaned to Greece, yet the passage of time makes the unthinkable more feasible. When Greece was first at risk of default, the capital loss that might be suffered by the European banks was sufficiently... Read More 
U.S. Housing, Investment Strategy
Dec. 29 (Bloomberg) -- Charles Lieberman, chief investment officer at Advisors Capital Management, talks about the U.S. housing market. Lieberman also discusses his investment strategy for housing-related shares and the possible impact of Europe's sovereign debt crisis on the U.S. economy. He speaks with Adam Johnson and Deirdre Bolton on Bloomberg Television's "Street Smart." (Source: Bloomberg)
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