Peter A. Cohen, Chairman and Chief Executive Officer of Cowen Group appeared on CNBC earlier today discussing Europe and overall market environment. Cohen noted the following things in the interview:
- World Is in the most difficult situation since he has been in business and that the entire world is over-leveraged.
- It is impossible to do business without thinking about Europe and it is possible Euro Zone could shrink back to the original members.
-Cohen also mentioned that retail investors were much better served years ago than now.
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