This Is an Opportunity for the Banks to Fix Themselves: Expert

4:00 AM ET Wed, 29 Feb 2012

Robert Marquardt, founder and co-head, Signet Group, told CNBC, "I think the first one was used for a little bit of re-financing, this is definitely a massive QE and I really do hope it is a very big number because these banks are borrow at one percent and lend it out at five percent, it only takes a couple years of doing that to re-capitalise your balance sheet."