Goldman CEO Blankfein on SEC
Airtime: Fri. May 7 2010 | 2:29 PM ET
CNBC’s David Faber has the highlights on what Lloyd Blankfein said in response to SEC charges.
Airtime: Fri. May 7 2010 | 2:29 PM ET
CNBC’s David Faber has the highlights on what Lloyd Blankfein said in response to SEC charges.
Why the U.S. government will face pressure to bail out struggling states in the next 12 months, with Meredith Whitney, Meredith Whitney Advisory Group CEO.
Erik Neilsen, chief European economist at Goldman Sachs, says the Greek contagion will be contained.
“As far as I’m concerned the technicals are in tact, says Guy Adami. We said the S&P would over-correct to the upside and trade up to 1130 and then turn lower — and it did. Now we’re likely in the next leg lower. We have to see what happens as the S&P trades down to the lower end of the range – around 1040 – will it hold next time we test it?
The patterns in the S&P suggest that support will not hold this time, adds Oppenheimer’s Carter Worth. My persumption is we break lower. I think we go to 980. I don’t think a great crash is coming but we are clearly entering a period when the downside should be the focus of investors.”
The G20 Summit in Toronto wrapped up yesterday after two days of high-intensity meetings with world leaders, with Raghuram Rajan, University of Chicago-Booth School of Business and John Engler, National Association Of Manufacturers CEO.
Insight on the latest home price data and what they mean for the housing market, with Maureen Maitland, Standard & Poor’s VP of Index Services.
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.