Hugh Hendry in a substantive roundtable (video, 8:22) with Jeffrey Sachs and Gillian Tett: "I...

|By:, SA News Editor

Hugh Hendry in a substantive roundtable (video, 8:22) with Jeffrey Sachs and Gillian Tett: "I would recommend you panic. The European banking system is in a crisis." He wants a draconian three-year purge of bad banks rather than drawing it out to 20 years.