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.
Toronto-based minder Barrick Gold posting better-than-expected earnings, with Aaron Regent, Barrick Gold CEO.
Steve Wynn and Ron Baron, two heavyweights in the financial and investing worlds, talk the economy on this clip from CNBC
We have a $700 billion to $1 trillion rescue package being thrown at countries “which are patently insolvent,” David Roche from Independent Strategy said Monday. He added that EU leaders have not addressed how the austerity measures are going to be enabled to help these countries become solvent again.
Asian nations need more involvement in the G20 policy decisions, but that could happen when the Republic of Korea takes over as group chair, Robert Kimmit, former US Deputy Treasury Secretary, told CNBC Thursday. Philippa Malmgren from Principalis Asset Management joined the discussion.
Reflecting on recent trade numbers out of China, Diana Choyleva, director of Lombard Street Research, says real domestic demand in the mainland stalled in the second quarter. She assesses the slew of China’s economic data with CNBC’s Oriel Morrison and Bernard Lo.
US unemployment claims fell last week, suggesting the battered labor market is recovering but only slowly, the Labor Department said on Thursday. Jim Iuorio, of TJM Institutional Investors; Jerry Webman, of Oppenheimer Funds; Andrew Ross Sorkin, of the NY Times; and CNBC’s Steve Liesma discuss.