Time to Retire Rating Agencies?
Airtime: Thurs. May 27 2010 | 2:51 PM ET
Rating agencies don’t seem to have many friends these days, with Jerome Fons, former Moody’s managing director.
Airtime: Thurs. May 27 2010 | 2:51 PM ET
Rating agencies don’t seem to have many friends these days, with Jerome Fons, former Moody’s managing director.
Warren Buffett answers questions about the rating agencies before the Financial Crisis Inquiry Committee. The Commission is holding a hearing entitled “Credibility of Credit Ratings, the Investment Decisions Made Based on Those Ratings, and the Financial Crisis.”
Insight on the economy, with Ken Langone, president of Invemed Associates and co-founder of Home Depot.
The type of problem that has hit Greece will eventually hit the US, Rep. Ron Paul, R-Texas, told CNBC.
As investors continue searching for buy signals, Gamco Investors’ Maria Gabelli tells CNBC he uses M&A activity as an indicator.
Ari Bergmann, CEO at Penso Advisors believes the debt situation in Japan is very dire. He tells Larry McDonald, managing director of Pangea Capital Management and CNBC’s Martin Soong, Sri Jegarajah and Karen Tso why a debt crisis in Japan is a real possibility.
Charts: Beware of Euro Dips vs Dollar. The euro is likely to continue its rise against the dollar in the long term, but investors should watch out for setbacks in the near term, Royce Tostrams, technical analyst at Tostrams Groep, told CNBC Friday.