Millenium Wave's Mauldin on European and U.S. banking system liquidity, biotech stocks, regulation

Published: Sept. 2, 2011, 1:45 p.m.

Millennium Wave Advisors president and New York Times bestselling author John Mauldin: "The simple reality is that there are banks in Europe that are already losing their access to the market, and when that happens, it’s a crisis."