Analyst: Credit crisis is over

Richard Bove of Punk Ziegel & Co. certainly knows how to get his name out there. He has emerged as a media go-to guy when it comes to financial stocks. He's now making waves by pronouncing the crisis over, according to the Financial Times. He says there will be more bad news to trickle out but the worst has passed. He thinks the Fed's action will prove decisive, as it gets to the heart of the problem. He doubts the Fed with just shy of $1 trillion in assets, will be overwhelmed. He also thinks real estate is now the 'bargain of the century.'  

For more:
- here's an article in the Financial Times

Related Articles:
What's up with Bear Stearns? Article
Punk Ziegel analyst cuts Bear Stearns target price. Article
Credit crisis to worsen. Article
Credit crisis rolls on. Article