Citi's Non-Apologies
Airtime: Thurs. Apr. 8 2010 | 7:53 PM ET
Former Citi execs sort of apologize for their role in the 2008 credit crisis, with Jerry Bowyer, syndicated columnist and Matt Miller, Washington Post.
Airtime: Thurs. Apr. 8 2010 | 7:53 PM ET
Former Citi execs sort of apologize for their role in the 2008 credit crisis, with Jerry Bowyer, syndicated columnist and Matt Miller, Washington Post.
Looking at the market, since Monday’s follow-through day, the market and a batch of leading stocks, steadily rallied which is a healthy sign. The fact that we have not seen any serious distribution days show up since Monday’s FTD bodes well for this nascent rally. It is also a welcome sign to see the market continue to improve as investors digest the latest round of stronger than expected economic and earnings data. Remember that now that a new rally has been confirmed, the window is open to start buying high quality breakouts. Trade accordingly.
Forecasters warn the oil spill in the Gulf of Mexico could threaten the Mississippi and Alabama coasts as early ask this week. John Hofmeister, former CEO of US operations at Shell, shares his insight.
Russia’s central bank cut its key interest rates by 25 basis points Friday. Jochen Wermuth from Wemuth Asset Management considers the outlook for the Russian economy.
Former Bear Stearns CEO Alan D. Schwartz provides his opening statement to the Financial Crisis Inquiry Commission regarding the failure of his former company.
Why the European stress tests were not stressful enough, with Nouriel Roubini, Roubini Global Economics chairman.
Oil dipping below $70 a barrel this morning, with John Kilduff, Round Earth Capital.