A fine moment in financial TV yesterday when veteran bank analyst Dick Bove came on Fox Business to discuss the Libor scandal.
Fox host Connell McShane believes this may have been “the greatest fraud of all time” and directs his questions accordingly, while Bove downplays any major bank wrongdoing. “You ask some of the stupidest questions I’ve ever heard,” says Bove. In response, McShane calls his guest Bove’s statements “ridiculous, and you know it.”
You have to watch this one: