Mario Gabelli's Media Mania
Airtime: Thurs. Apr. 8 2010 | 8:55 AM ET
Discussing the latest happenings at DirecTV, with Mario Gabelli, of Gamco Investors, shares his parting shots.
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“I think interest rates forever in the US will be at zero. By zero I mean below the rate of inflation,” Marc Faber, editor & publisher of The Gloom, Boom & Doom Report, told CNBC Thursday. Faber also said that the Chinese economy will slow down, but avoid a crash.
Economic Double Dip Not Likely: IMF
“We do not contemplate the possibility of a double-dip recession… It’s not impossible, but it is not something that we think is likely,” Jose Vinals, financial counselor and director of the Monetary and Capital Markets Department from the IMF, told CNBC Thursday. Amartya Sen, author of The Idea of Justice, joined the discussion.
Davos 2010: Bank of America Not Too Big- Brian Moynihan
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UK Launches New Bank Tax
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Another Recession Coming: Jim Rogers
“We’re going to have another recession, I guarantee you… By 2012 say, it’s time for another recession,” Jim Rogers, chairman of Rogers Holdings, told CNBC Wednesday. “The next time it’s going to be worse because we’ve shot all of our bullets,” he added.
