Global Debt Out of Control?
Airtime: Wed. Sept. 29 2010 | 2:23 PM ET
A new and improved tool for global debt, with Greg Ip, The Economist U.S. economics editor.
Airtime: Wed. Sept. 29 2010 | 2:23 PM ET
A new and improved tool for global debt, with Greg Ip, The Economist U.S. economics 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.
There is now actually money on the table and not just a statement, which I think is very important, Jose Manuel Barroso, European Commission Chief, told CNBC Monday after the EU agreed a debt rescue package at the weekend.
Note: We’ve had a ton of great feedback on the 2nd clip (below)! 1. Starting at 4:45min- When I asked Maria if she would put her money in European Banks? I meant- would she deposit her personal savings in a European bank? She thought I was asking if she would invest her money in European…
Warren Buffett answers questions about the rating agencies before the Financial Crisis Inquiry Committee. The Commission is holding a hearing entitled “Credibility of Credit Ratings, the Investment Decisions Made Based on Those Ratings, and the Financial Crisis.”
Rating agencies don’t seem to have many friends these days, with Jerome Fons, former Moody’s managing director.
Wilbur Ross on the Markets 2.2.10