SEC's Charges Against Goldman
Airtime: Fri. Apr. 16 2010 | 10:58 AM ET
CNBC’s David Faber and other market insiders weigh in on the SEC’s charges that Goldman Sachs allegedly committed fraud with subprime mortgages.
Airtime: Fri. Apr. 16 2010 | 10:58 AM ET
CNBC’s David Faber and other market insiders weigh in on the SEC’s charges that Goldman Sachs allegedly committed fraud with subprime mortgages.
Connecticut Attorney General Richard Blumenthal is suing Moody’s and Standard & Poor’s claiming they knowingly assigned bad ratings to investments that contributed to the financial crisis. He discusses the suit with CNBC.
Boone Pickens, founder and CEO of BP Capital, discusses oil, clean energy and the BP spill with CNBC.
June saw a loss of 125,000 jobs, but the jobless rate fell to 9.5%. The CNBC news team parses the data.
Gold prices will likely make firm gains when euro short-covering ends, Irakli Menabde from I2BF told CNBC Tuesday. The euro has had an inverse relationship to the dollar recently, he added.
Thanks to the cloud computing craze, shares of Rackspace Hosting have jumped 50% over the past three months. The company’s CEO, Lanham Napier, talks to the Fast Money traders about this hot sector.
The economy will likely grow at a 4% rate over the next 12 months, Jack Welch, former CEO of General Electric, told CNBC.