Greenspan on the Economy
Airtime: Thurs. Jul. 8 2010 | 4:35 PM ET
Discussing mounting fears of a douple-dip recession, with Alan Greenspan, former Federal Reserve chairman and CNBC’s Maria Bartiromo.
Airtime: Thurs. Jul. 8 2010 | 4:35 PM ET
Discussing mounting fears of a douple-dip recession, with Alan Greenspan, former Federal Reserve chairman and CNBC’s Maria Bartiromo.
California’s Budget Crisis. California is battling one of the worst budget crises in the nation. David Crane, special economics adviser to Gov. Arnold Schwarzenegger, discusses the situation with CNBC.
The ISM Manufacturing Index slipped to 59.7 in May from 60.4 in April, and construction spending jumped 2.7% in April. CNBC’s Steve Liesman parses the data.
Fabrice Tourre, executive director of the structured products group at Goldman Sachs, delivers his opening statement before a Senate panel that alleges Goldman profited from the housing meltdown and made billions at the expense of clients.
G20 finance ministers have thrown out the idea for group tax on the banking sector to pay for future crises, with emphasis instead on new capital requirement rules to keep that sector healthy. South Korea’s finance minister, Yoon Jeung-hyun, tells CNBC’s Chloe Cho what progress was made on “Too Big to Fail.”
Bill Gross, founder of Pimco, shares his outlook on stocks, bonds and the housing market.
Insight on the government’s second report on inflation, with CNBC’s Rick Santelli.