Goldman's Spin Off
Airtime: Wed. Aug. 4 2010 | 12:00 PM ET
Firm to spin off a significant portion of its prop trading, with CNBC’s Kate Kelly and Dick Bove, Rochdale Securities.
Airtime: Wed. Aug. 4 2010 | 12:00 PM ET
Firm to spin off a significant portion of its prop trading, with CNBC’s Kate Kelly and Dick Bove, Rochdale Securities.
CNBC’s David Faber and other market insiders weigh in on the SEC’s charges that Goldman Sachs allegedly committed fraud with subprime mortgages.
Parsing today’s economic data with John Brady, of MF Global, and CNBC’s Rick Santelli.
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.
Cantor unit is on track for CFTC approval of domestic box office futures exchange, with CNBC’s Julia Boorstin.
Discussing today’s major market comeback, with Peter Navarro University Of California; Jack Albin, Harris Private Bank; Dan Fitzpatrick, StockMarketMentor.com; CNBC’s Brian Shactman and Sharon Epperson.
Treasury Secretary Timothy Geithner breaks down President Obama’s new economic proposals, which include a tax break for businesses.