President Obama Signs FinReg Bill
Airtime: Wed. Jul. 21 2010 | 11:30 AM ET
President Obama signs the financial regulation bill.
Airtime: Wed. Jul. 21 2010 | 11:30 AM ET
President Obama signs the financial regulation bill.
Roach: US Jobless Rate Actually Stands at 11.5%.Official data showed U.S. jobless rate in February remain unchanged at 9.7% but Stephen Roach, Asia chairman at Morgan Stanley, believes the real number actually stands at 11.5%. He explains why this discrepancy, with CNBC’s Martin Soong, Karen Tso & Sri Jegarajah.
Daniel Sparks, former head of the mortgages department at Goldman Sachs, delivers his opening statement before a Senate panel that alleges Goldman profited from the housing meltdown and made billions at the expense of clients.
Phillip Deans, professor of international relations at Temple University of Japan, says U.S.-Japan ties are strong and are unlikely to change under prime minister Naoto Kan. He also discusses Japan’s new cabinet line-up, with CNBC’s Oriel Morrison.
Boone’s Biggest Mistake
Light trading volume has accompanied the market’s latest rally. Should investors worry, or care? Barron’s Mike Santoli has more.
Which is the bigger threat? Vince Reinhart, former director at the FOMC; Jim Lacamp, of Macroportfolio Advisors; Jim Iuorio, of TJM Institutional Services; Lee Munson, of Portfolio Asset Mgmt.; and the CNBC news team discuss.