Buffett & Paulson Part II- 2.9.10
Warren Buffett and former Treasury Secretary Henry Paulson have a little economic ‘power lunch’ chit-chat of their own, live at the Chamber of Commerce annual meeting in Omaha
Warren Buffett and former Treasury Secretary Henry Paulson have a little economic ‘power lunch’ chit-chat of their own, live at the Chamber of Commerce annual meeting in Omaha
Warren Buffett and former Treasury Secretary Henry Paulson have an economic ‘power lunch’ chit-chat, live at the Chamber of Commerce annual meeting in Omaha.
Looking at the market, Tuesday marked Day 3 of a new rally attempt which means that as long as last Friday’s lows are not breached this rally attempt remains intact. In addition, the earliest a possible follow-through day (FTD) could emerge will be this Wednesday if the major averages rally at least +1.7% on higher volume than the prior session. However, if Friday’s lows are breached then the day count will be reset and a steeper correction may unfold.
Byron Wien, senior managing director of the Blackstone Group, shares his market outlook.
2010 is set to be a promising year for the hedge fund industry, according to research from Moody’s. Uncertainty over regulation and the economy means the industry isn’t out of the woods yet, Odi Lahav from Moody’s told CNBC Tuesday.
CNBC’s Darren Rovell recaps which Super Bowl ads generated the most buzz.
Areva announced the acquisition of US-based solar power company Ausra Monday as it launched its new global solar energy business. Anil Srivastava, CEO of Areva Renewables and Dr. Robert E. Fishman, chairman and CEO of Ausra, spoke to CNBC about the deal.
Monday, February 8, 2010 Market Commentary: The major averages negatively reversed and ended lower on Monday as concern spread that some European governments will struggle to fund ballooning budget deficits. Volume was lower than the prior session on the NYSE and the Nasdaq exchange. Decliners led advancers by nearly a 2-to-1 ratio on the NYSE and the Nasdaq exchange. There were only 5 high-ranked companies from…
Fmr. Federal Reserve Board Governor Randall Kroszner shares his thoughts on what the Fed’s exit strategy should be.
Former Merrill Lynch CEO John Thain has been given the top job at CIT. Andrew Ross Sorkin, of the NY Times, and the CNBC news team discuss.