Trian Fund Management's Nelson Peltz CNBC interview: The peak of the banking panic is behind us; He is not out of Disney (DIS) stock, but he is not in as much as used to be
- Consumers should pay to insure banks with deposits over $250K.
- Most of his money is in Bank of America (BAC) so he feels comfortable.
- Velocity of money moving out of the regional banks has come down a huge amount.
- The peak of the banking panic is behind us.
- He is not out of Disney (DIS) stock, but he is not in as much as used to be.
- The Fed should stop raising interest rates.