Maria: What's your sense of the European banking situation? Would you put
any new money to work in any of the European banks given this selloff?
Meredith: Not in a million years. The European banks are still underfunded,
still carry assets that are worse marked than even the US banks. You have
hundreds of billions of dollars of recaps that need to take place in Europe.
Maria: What kind of second half are you expecting for the stock market.
Meredith: I think it's going to be bleak. I think that y
