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National City’s Future: ‘Vanilla,’ says Raskind

Monday, April 21, 2008 at 2:14 PM

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The local and national business worlds have been abuzz Monday with news that National City Corporation has made a seven billion dollar deal led by private equity group Corsair. Analysts say it's not a perfect deal and still leaves shareholders exposed to the risk of the 25 billion dollars in risky loans. ideastream's Dan Moulthrop spoke with National City CEO Peter Raskind.

Wednesday on the Sound of Ideas, join Dan for analysis of the National City deal.

Tags

Economy, Facing the Mortgage Crisis, Regional Economy/Business - Analysis and Trends, Regional Economy/Business - News

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