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Thursday, May 15, 2008

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TODAY'S TOP 5
Video 1 1. Bernanke Talks Banks

Video 2 2. Donald Trump On the Economy

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Video 4 4. Maria's Market Message

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Homeowner "Walkaways": Are They Fact Or Fiction?

Diana Olick continues to go behind the scenes in the housing crisis. Today, she looks into the controversy over "walkaways." Are borrowers really walking away from homes because the value is not worth the mortgage payment? Click here to read more.

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ASCO'S BIG BOOK: Thursday is a historic day in the pharma and biotech sectors as, for the first time, ASCO prereleases its enormous book of studies, on the heels of problems and leaks last year. All at once, about 5,000 studies go online at 9p ET leading to a busy night for biotech analysts, investors and the like. Mike Huckman follows the movement in the cancer stocks in what's sure to shape up as volatile day for biotech.

HOUSING STARTS: The government releases its monthly housing starts before-the-bell. In a day full of key earnings and other economic data, housing starts should offer a window into the state of the unsteady real estate market. Rick Santelli breaks the numbers and Diana Olick offers analysis.

FOLLOW THE MONEY/ON THE MOVE/REAL-TIME FLASH: Matt Nesto follows the winners and losers in the market, breaking down the biggest stock and sector stories of the day.

HIGH NETS' WORTH: The team formerly known as the New Jersey Nets (soon to be crowned the Brooklyn Nets) reveal a mock-up presentation for their new Brooklyn stadium with help from High Net Worth-ers like part-owner Jay-Z. The Nets new home will be one of a kind, including advertisers sponsoring each section of the arena. Darren Rovell goes inside the event to showcase luxury box suites and hoop dreams for the "new" team as they woo the rich and powerful.

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