"The Bailout Boys"- The New Yorker
“The Bailout Boys” is an animated video featuring former US Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke.
“The Bailout Boys” is an animated video featuring former US Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke.
Following the Bank of Japan’s decision to leave rates on hold, Jeffrey Halley, senior manager FX trading at Saxo Capital Markets, shares his take on the economy and its growth prospects, with CNBC’s Chloe Cho & Anna Edwards.
“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.
We have a $700 billion to $1 trillion rescue package being thrown at countries “which are patently insolvent,” David Roche from Independent Strategy said Monday. He added that EU leaders have not addressed how the austerity measures are going to be enabled to help these countries become solvent again.
“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.
The computer networking company’s Q3 results topped estimates, but investors are still wary. John Chambers, CEO of Cisco, discusses the company’s earnings and outlook with CNBC.
We’re making a move into equities, period, says Bill Gross, CIO of Pimco, as this asset class is almost as secure as the sovereigns themselves. He explains this shift in strategy, with CNBC’s Karen Tso, Sri Jegarajah & Martin Soong.