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Friday, January 18, 2008

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 Friday, Jan. 18, 2008
1. Bush's Economic Fix:
President Bush today urged swift passage of his proposal to get the U.S. economy back on track and limit any further deterioration. Edward Lazear, chairman of the president's Council of Economic Advisers, discusses the plan.

2. Stop Trading, Listen to Cramer!
Mad Money host Jim Cramer discusses his own plan to rescue the market, with CNBC's Melissa Lee.

3. Bond Insurers Battered:
Bond insurers sell themselves short, with Jon Hilsenrath, of The Wall Street Journal, and CNBC's Charlie Gasparino.

4. Magic Words for Housing:
Real estate CEOs Jim Gillespie, of Coldwell Banker Real Estate, and Thomas Kunz, of Century 21, shed light on the housing market with CNBC's Diana Olick.

5. Spitzer Working With Wall Street:
New York Governor Eliot Spitzer used to take on Wall Street in the name of investors, but now he's working with the financial industry, reports CNBC's Mary Thompson.

Wii Options Market? It's True!

Something strange is developing around the Nintendo Wii phenomenon and it's showing capitalism at its finest......Click here to view posting.

VIDEO OF THE WEEK

Cramer on Financials: Mad Money host Jim Cramer discusses doomed financials and the Fed.


THE INSURANCE DOMINO EFFECT: With speculation swirling that a giant insurer like Ambac or MBIA could go under, further fueled by Fitch's Friday afternoon ratings downgrade of Ambac, Melissa Lee looks at the ripples such a scenario could have on the greater market and financial landscape. What would it mean for those companies insured by such a candidate? And what companies will react if the worst case scenario is realized?

JOHNSON & JOHNSON EARNINGS: No matter what the economy does, there is always a demand for healthcare and pharmaceuticals. Did Johnson & Johnson maintain strength in the fourth quarter? Mike Huckman looks for answers in J&J's results.

A QUARTER OF APPLE: Apple's earnings will be reported after the bell on Tuesday. Will Steve Jobs & Co. blow out earnings again? Jim Goldman reports.

LITTLE FILMS, BIG PROFITS: Microsoft, Adobe, Apple and Netflix and Delta are all big Sundance Sponsors. Tech companies like MSFT and Adobe are there to get feedback from filmmakers on their technology, and all of these players are selling/offering short films -- an art form to which that few paid attention, let alone found profitable. But now, short films have found a new life. This film fest fodder is having a renaissance now that people are used to watching short form content, thanks to YouTube. Julia Boorstin explains.

GOLDEN WEDDINGS GETTING EXPENSIVE? It's a tradition for Indian families to buy gold for the women from the time they are children, and weddings are the perfect place to showcase that tradition, with the bride wearing a minimum of 2 pounds of the noble metal. This weekend kicks off the official "Indian Wedding Season" and the rising price of gold has heavily impacted the amount of gold families are buying. Michelle Caruso-Cabrera attends a two-day Indian wedding and profiles the tradition and influence that gold has on the Indian culture.

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