Rodge Cohen Interviewed on Bloomberg Radio on Financial Condition of European Banks

June 1, 2010

Bloomberg Radio featured an interview with Mr. Cohen on the European Central Bank's warning that European banks may face a large amount of potential losses. He said that the ECB's report had to be read in full and that the report indicated that the financial condition of the European banks has improved over recent quarters, and that it shouldn't "necessarily be read as some sort of doomsday scenario." Mr. Cohen also discussed the House and Senate financial reform bills and said that although it's hard to predict, he thinks it is quite possible that a bill will be finalized over the next couple of weeks.