Bernanke Testifies
Airtime: Thurs. Sept. 2 2010 | 9:00 AM ET
Fed Chairman Ben Bernanke discusses “too big to fail” and Lehman Brothers on Capitol Hill.
Airtime: Thurs. Sept. 2 2010 | 9:00 AM ET
Fed Chairman Ben Bernanke discusses “too big to fail” and Lehman Brothers on Capitol Hill.
Australian PM Kevin Rudd has quit and his deputy, Julia Gillard has been elected as the country’s first female PM. Colin Whitehead, analyst at Fat Prophets & Colin Chapman, Asia Pacific VP at Strategic Forecasting, assess this news, with CNBC’s Karen Tso, Bernard Lo, Sri Jegarajah & Matthew Taylor.
The bond market is pricing in a near-depression. Is it right or wrong? Bond guru William Gross, of Pimco, shares his view
The domestic demand story makes India, China and Indonesia attractive, says Jonathan Reoch, senior portfolio manager at AMP Capital Investors. He also tells CNBC’s Oriel Morrison, why he favors higher beta plays such as banks and property firms.
James Surowiecki speaks with Michael Mauboussin, the Chief Investment Strategist at Legg Mason Capital Management and the author of “Think Twice: Harnessing the Power of Counterintuition,” about common investment mistakes, how to improve decision-making, and what investors can learn from the recent stock-market woes.
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.
FDIC Chairman Sheila Bair delivers a keynote address on the issue of foreclosures and the future of housing finance at a joint Federal Reserve/FDIC conference in Arlington, Va.