Paulson: Housing Due to Go Up
Airtime: Tues. May 11 2010 | 10:37 AM ET
Debating whether the housing market is recovering, with Susan Wachter, Wharton School of Business and Celia Chen, Moody’s Economy.com.
Airtime: Tues. May 11 2010 | 10:37 AM ET
Debating whether the housing market is recovering, with Susan Wachter, Wharton School of Business and Celia Chen, Moody’s Economy.com.
UK Finance Minister George Osborne unveiled his emergency budget Tuesday, which cut growth and borrowing forecasts, raised VAT and slapped a tax on banks. Geoff Tresman, chairman of Punter Southall Financial Management, Madsen Pirie, president of the Adam Smith Institute, and Jeremy Cape from Denton Wilde Sapte discuss.
“I think the financial markets understand that Greek debt restructuring is on the cards, which is an implicit default,” Neil MacKinnon from VTB Capital told CNBC Wednesday. Kirby Daley from Newedge Group joined the discussion.
Marc Benioff, CEO of Salesforce.com, says business users will leverage the power of social networking in a private and secure way. He tells CNBC’s Karen Tso why social networking will be the future of business.
Insight on the markets following the release of housing starts data, with CNBC’s Rick Santelli.
Axel Weber, president of Deutsche Bundesbank, told CNBC that the Greek bailout will be implemented soon as he dismissed the idea that the euro zone is at risk of falling apart.
Jim Gillespie, president and CEO of Coldwell Banker, one of the nation’s largest realty brokers, discusses the housing market with CNBC.