Bove Reacts to FinReg
Airtime: Fri. Jun. 25 2010 | 7:37 AM ET
Insight on the financial regulation bill, with Richard Bove, Rochdale Securities financial strategist.
Airtime: Fri. Jun. 25 2010 | 7:37 AM ET
Insight on the financial regulation bill, with Richard Bove, Rochdale Securities financial strategist.
The currency wars could come to a head this weekend at the G20 summit. Arnab Das, managing director of market research and strategy of Roubini Global Economics, and Lauren Rosborough, senior currency strategist at Westpac, discuss the outlook.
Discussing the risk of global currency wars, with Christian Carillo, head of Asia-Pacific interest rate strategy at Societe Generale Corporate & investment Banking. He tells CNBC’s Karen Tso and Sri Jegarajah, that with economies underperforming, domestic political pressures will increase for measures that will not be beneficial to anyone.
The dollar is still going up and has a chance to create a “good top” in the near-term, Bill McLaren, independent trader, said Friday. He also looks at the chart for the S&P 500 index.
Hedge fund Skybridge Capital is entering into a definitive agreement to acquire Citi’s fund of hedge funds, seeding and advisory businesses. Anthony Scaramucci, managing partner of Skybridge Capital, discusses the deal with CNBC.
Why potential upside is large and downside is relatively small, with David Tepper, president & founder of Appaloosa Management.
Marc Benioff, CEO of Salesforce.com, says business users will leverage the power of social networking in a private and secure way. He tells CNBC’s Karen Tso why social networking will be the future of business.