Wall Street's Tax Expert
Airtime: Fri. Aug. 27 2010 | 7:07 AM ET
Insight on the expiration of the Bush tax cuts, with Andrew Friedman, former partner of Covington & Burling, and Tony Crescenzi, PIMCO.

Airtime: Fri. Aug. 27 2010 | 7:07 AM ET
Insight on the expiration of the Bush tax cuts, with Andrew Friedman, former partner of Covington & Burling, and Tony Crescenzi, PIMCO.

Starting today, underwater homeowners will be permitted under a government program to sell their homes for less than they owe and basically force the lender to take the loss rather than foreclose on the home. Shari Olefson, of Fowler White Boggs, and Susan Wachter, a real estate professor at Wharton, discuss.

Toyota announced a fix for about 2.4 million of its 8 most popular models involved in a safety recall and sales and production suspension. Jim Lentz, president of Toyota U.S.A., discusses the fix with CNBC’s Phil LeBeau.

“I think it would be very good for the world to have deflation … at this level I’m not particularly interesting in buying anything,” Marc Faber of “The Gloom, Boom & Doom Report” told CNBC Thursday. Guillaume Salomon from TD Securities and Steen Jakobsen from Limus Capital Partners joined the discussion.

Home Prices Slip. Why a drop in housing prices was expected, but not this early, with CNBC’s Diana Olick; Shari Olefson, real estate attorney; and Alex Charfen, Distressed Property Institute CEO.

President Obama makes comments on financial regulation progress in the Senate.

Carlos Ghosn, president & CEO of Nissan-Renault, tells CNBC’s Kaori Enjoji that the way the car industry is going, “scale and collaboration” between different auto manufacturers is becoming increasingly important.