Quantitative Easing Is a Ponzi Scheme: Dever

Nov. 28 (Bloomberg) -- Michael Dever, President of Brandywine Asset Management, discusses the impact of monetary policy and his subsequent investing strategy. He speaks on Bloomberg Television’s “On The Move.” (Source: Bloomberg)
SocGen First-Quarter Profit Jumps
30:12 - Societe Generale SA, France’s second-largest bank by market value, posted a fivefold increase in first-quarter profit. Net income rose to 868 million euros ($972 million) from 169 million euros a year earlier. The increase beat the 770 million-euro average estimate of five analysts surveyed by Bloomberg. Chief Executive Officer Frédéric Oudéa, spoke to Bloomberg’s Caroline Connan on “Countdown”.
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