Mort Zuckerman: Geithner & the Economy
Airtime: Mon. Aug. 9 2010 | 10:17 AM ET
Mort Zuckerman, chairman and editor in chief of U.S. News & World Report, tells CNBC he doesn’t share Treasury Secretary Geithner’s rosy view on the economy.
Airtime: Mon. Aug. 9 2010 | 10:17 AM ET
Mort Zuckerman, chairman and editor in chief of U.S. News & World Report, tells CNBC he doesn’t share Treasury Secretary Geithner’s rosy view on the economy.
The CNBC news team parses today’s economic data. Ken Langone, CEO of Invemed, shares his insight and tells CNBC he sees a jobless recovery ahead of us.
BB&T is one of the three big regionals that remained profitable during the financial crisis. Kelly King, the bank’s CEO, said its conservatism helped it avoid problems.
Mohamed El-Erian, of Pimco, discusses the “new normal” and what’s next for the markets.
Ngozi Okonjo-Iweala, managing director of World Bank, forecasts developing countries will grow 6% in 2010, twice the rate of developed countries. She speaks to CNBC’s Chloe Cho about the imbalances in global growth.
“There is some sentiment here in the US that the US will have to pick up part of the tab to bail out Europe as well, because of the IMF,” Rep. Scott Garrett, (R) New Jersey, told CNBC Monday.
Last minute snags cropping up as lawmakers try to finish work on financial regulation reform, with Jon Corzine, MF Global chairman & CEO