GM CFO on Earnings, IPO
Airtime: Thurs. Aug. 12 2010 | 9:53 AM ET
General Motors posted a profit for the second consecutive quarter. The automaker’s CFO, Chris Liddell, discusses the quarter and the company’s upcoming IPO with CNBC’s Phil LeBeau.
Airtime: Thurs. Aug. 12 2010 | 9:53 AM ET
General Motors posted a profit for the second consecutive quarter. The automaker’s CFO, Chris Liddell, discusses the quarter and the company’s upcoming IPO with CNBC’s Phil LeBeau.
Insight on the European debt crisis and world markets, with Mohamed El-Erian, PIMCO CEO & co-CIO,
Insight on the economy, the bond market and more, with Alan Greenspan, former Federal Reserve chairman.
President Obama addresses the political issues preventing the Senate from extending unemployment benefits in the US.
Former Bear Stearns CEO Alan D. Schwartz provides his opening statement to the Financial Crisis Inquiry Commission regarding the failure of his former company.
Looking at the market, since Monday’s follow-through day, the market and a batch of leading stocks, steadily rallied which is a healthy sign. The fact that we have not seen any serious distribution days show up since Monday’s FTD bodes well for this nascent rally. It is also a welcome sign to see the market continue to improve as investors digest the latest round of stronger than expected economic and earnings data. Remember that now that a new rally has been confirmed, the window is open to start buying high quality breakouts. Trade accordingly.
Paul Goldberger critiques the new Goldman Sachs building in Manhattan.