"Bernie Madoff, Free at Last"
Airtime: Mon. Jun. 7 2010 |
Fresh perspective on the Bernie Madoff scandal, with Steve Fishman, New York Magazine contributing editor.
Airtime: Mon. Jun. 7 2010 |
Fresh perspective on the Bernie Madoff scandal, with Steve Fishman, New York Magazine contributing editor.
Vulture investor Wilbur Ross, along with private equity firm Carlyle and Dublin-based Cardinal Group, will buy troubled Irish bank Education Savings Bank, Ross tells CNBC.
Following the same path as Japan, China will face an inevitable collapse within the next decade or so, says George Friedman, CEO of Stratfor. He tells CNBC’s Martin Soong that a country’s growth rate doesn’t represent health.
The German cabinet approved a draft bill to ban naked short selling of euro zone government bonds and German shares Wednesday, but an outright ban has been postponed. Rüdiger von Rosen from Deutsches Aktieninstitut said that investors are responsible for their judgment.
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.
The world is doomed because the governments are taking over and will bankrupt us, says Marc Faber, editor & publisher at The Gloom, Boom & Doom Report. He also tells co-guest host Michael Yoshikami, founder, president and chief investment strategist at YCMNet Advisor, CNBC’s Bernard Lo and Karen Tso, that the Goldman fraud case was mainly political.
Chris Whalen, managing director of Institutional risk Analytics, shares his reaction to Citi’s quarterly results.