Rogoff's Parting Shots
Airtime: Fri. May 14 2010 | 8:56 AM ET
Thoughts on where we go from here, with former IMF director Kenneth Rogoff, Harvard’s Thomas D. Cabot Professor of Public Policy.
Airtime: Fri. May 14 2010 | 8:56 AM ET
Thoughts on where we go from here, with former IMF director Kenneth Rogoff, Harvard’s Thomas D. Cabot Professor of Public Policy.
Starting today, underwater homeowners will be permitted under a government program to sell their homes for less than they owe and basically force the lender to take the loss rather than foreclose on the home. Shari Olefson, of Fowler White Boggs, and Susan Wachter, a real estate professor at Wharton, discuss.
Kansas City Federal Reserve President Thomas Hoenig sits down for a one-on-one interview with CNBC’s Steve Liesman at the annual central bankers meeting in Jackson Hole, Wyo.
The Commerce Department said sales dropped a record 32.7 percent with CNBC’s Rick Santelli & Diana Olick.
While Kirby Daley, senior strategist at Newedge Group, believes China will not over tighten, Karsten Schroeder, CEO, Amplitude Capital is concerned about the longterm implications of China relying solely on exports to sustain growth. They share their thoughts on the Chinese economy, with CNBC’s Martin Soong & Sri Jegarajah.
Real estate mogul Sam Zell’s firm is bullish on the New York market but really sees tremendous opportunity in the growing economy of Brazil, which Zell calls the US in 1950.
FOMC keeps federal funds rate in zero to 0.25 percent range, with CNBC’s Hampton Pearson.