Monday, December 6, 2010

Niall Ferguson : China Bail Out the EU

CNN's Fareed Zakaria and Niall Ferguson and the FT's Gillian Tett on the EU crisis and possible help from China.

Friday, December 3, 2010

Goldman Sachs Shares Stumble as Firm Considers Selling Mortgage Servicing Division

"Shares of Goldman Sachs (GS) are down following a report that the firm is considering selling its mortgage-servicing division.

The move would come less than three years after moving into the business of collecting on home loans and foreclosing on delinquent borrowers, according to the Financial Times.

Goldman shares are down 0.35%, or $0.57, to $161.93."

Unemployment Rate Pops Up to 9.8 Percent.

The job market continues to falter. The AP's Mark Hamrick reports that's despite some recent signs of recovery.

Thursday, December 2, 2010

Another Bank Bailout on the Way?

FBN's Gerri Willis argues that, despite new regulations, banks are bigger than ever and pose a big threat to our economy.

WikiLeaks Targets Bank of America

Nov. 30 2010 | Discussing the next target of the document dump, with John Carney, CNBC.com senior editor and Dick Bove, Rochdale Securities financial strategist.