Inside the St. Louis Fed
Airtime: Fri. Oct. 8 2010 | 6:02 AM ET
An economic outlook, with James Bullard, St. Louis Federal Reserve Bank CEO/president.
Airtime: Fri. Oct. 8 2010 | 6:02 AM ET
An economic outlook, with James Bullard, St. Louis Federal Reserve Bank CEO/president.
Insight on the state of the economy and markets, with Byron Wien, Blackstone Advisory.
CNBC’s Phil LeBeau reports that China’s SAIC has informally approached GM about getting in on its IPO later this year. The company is said to have a 13-year relationship with GM.
“This year we are expecting moderate growth… The discovery we made last year was that export dependence is also vulnerability,” Danilo Turk, the president of Slovenia, told CNBC Friday. The recent weakness of the euro is a good thing for Slovenia, he added.
California’s Budget Crisis. California is battling one of the worst budget crises in the nation. David Crane, special economics adviser to Gov. Arnold Schwarzenegger, discusses the situation with CNBC.
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.
“Letting Greece down would have been similar to the mistake of letting Lehman Brothers down at the time,” Hungarian Prime Minister Gordon Bajnai told CNBC Friday after a deal was reached to backstop the country’s debt