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.
The European Central Bank left interest rates unchanged at 1% Thursday, as widely expected. João Borges de Assunção from Católica School of Business, Charlie Morris from HSBC Global Asset Management and Brendan Brown from Mitsubishi UFJ Securities International have analysis.
The Commerce Department said sales dropped a record 32.7 percent with CNBC’s Rick Santelli & Diana Olick.
Vulture investor Wilbur Ross, along with private equity firm Carlyle and Dublin-based Cardinal Group, will buy troubled Irish bank Education Savings Bank, Ross tells CNBC.
Automakers Renault, Nissan and Daimler agreed to swap stakes in a bid to increase scale and share costs Wednesday. “There’s a demand for premium small cars growing, so we definitely want to participate and we want to do that successfully,” Dieter Zetsche, chairman of Daimler told CNBC. Carlos Ghosn, chairman and CEO of Renault-Nissan, also spoke to CNBC.
Noted researcher Charles Nenner tells CNBC the Dow could reach 5,000 in the next 2-3 years
Jim Gillespie, president and CEO of Coldwell Banker, one of the nation’s largest realty brokers, discusses the housing market with CNBC.