Keith Springer Wealth Manger in Sacramento CA Quoted In CNN Money on European Banks

Dec. 22, 2011 - PRLog -- European Banks Get A Reality Check

SACRAMENTO, Calif. Dec. 12, 2011 – Keith Springer is quoted in CNN Money to discuss the issues facing European banks in this debt crisis.

According to Catherine Tymkiw reporter for CNN Money, “European banks need to raise nearly €115 billion by June as pressure mounts for political leaders to come up with a workable plan to resolve the debt crisis.”

"It's really no surprise," comments Keith Springer, author of Facing Goliath: How to Triumph in the Dangerous Market Ahead, and president of Springer Financial Advisors based in Sacramento, CA. "We know they're undercapitalized."

Springer also estimates the capital requirements may be closer to the trillion dollar mark.

CNN Money reports that there is a lot riding on the European Union two-day summit. "It all comes down to Germany," said Springer.

To view more print and TV media interviews with Keith, visit http://www.KeithSpringer.com, email Keith@KeithSpringer.com or call (916) 925-8900. For up-to-the-minute market updates visit his blog http://www.KeithSpringer.info.  In addition to his work as an expert financial advisor, Keith provides customized mortgages and consulting for homeowners. This information can be found at http://www.KeithSpringerLoans.com.  

About Springer Financial Advisors: Keith Springer is the author of "Facing Goliath: How to Triumph in the Dangerous Market Ahead", radio host of "Smart Money" on Talk650KSTE, editor of "Smart Money Newsletter", a financial planner, a market technician, a financial writer, founder of Top Down Tactical™ and President and founder of Springer Financial Advisors in Sacramento CA, an SEC Registered Investment Advisor. He has developed a proprietary process for successfully building tax-efficient and retirement portfolios and has been providing specialty wealth management services for over 25 years. He can be reached at 916-925-8900 or Keith@KeithSpringer.com.

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Keith Springer President Of Springer Financial Advisors has developed a proprietary process for successfully building tax-efficient and retirement portfolios and has been providing specialty wealth management services for over 25 years.