What Would Happen if Fannie & Freddie Disappeared?
Airtime: Thurs. Jul. 1 2010 | 2:20 PM ET
CNBC’s Steve Liesman looks into what a world without Fannie Mae and Freddie Mac would look like.
Airtime: Thurs. Jul. 1 2010 | 2:20 PM ET
CNBC’s Steve Liesman looks into what a world without Fannie Mae and Freddie Mac would look like.
Roach: US Jobless Rate Actually Stands at 11.5%.Official data showed U.S. jobless rate in February remain unchanged at 9.7% but Stephen Roach, Asia chairman at Morgan Stanley, believes the real number actually stands at 11.5%. He explains why this discrepancy, with CNBC’s Martin Soong, Karen Tso & Sri Jegarajah.
Han De Jong, chief economist at ABN Amro Private Banking, says Singapore’s open economy is benefiting from rapid growth in world trade. Q1 GDP surged a stunning +32% compared to the first quarter of 2009. He shares his interpretation of the island’s latest GDP data, with CNBC’s Martin Soong and Adam Bakhtiar.
Parsing the trade deficit report for June, with Bob Iaccino, of Lotusbrokerage.com, and the CNBC news team.
Vanguard Group led the fund industry with net cash inflow of $44 billion year-to-date, with Bill McNabb, Vanguard Group CEO.
The German cabinet approved a draft bill to ban naked short selling of euro zone government bonds and German shares Wednesday, but an outright ban has been postponed. Rüdiger von Rosen from Deutsches Aktieninstitut said that investors are responsible for their judgment.
Fed Chairman Ben Bernanke testifies before the House Budget Committee.