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Monday, September 8, 2008

CNBC.com's News Now: Bond Kings React

CNBC News Now
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s Monday, Sep. 08, 2008

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TODAY'S TOP 5
Video 1 1. Paulson on Fannie Mae/Freddie Mac

Video 2 2. Bond Kings React

Video 3 3. Warren Buffett on Fannie/Freddie

Video 4 4. Breaking News: UAL Rumors Untrue

Video 5 5. Stop Trading, Listen to Cramer!

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Downey Financial: Another "Worst Scenario" Case

In light of the government bailout of Freddie Mac And Fannie Mae, another financial institution is warned to shore up its finances. Click here to read more.

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APPLE'S NEXT BIG THING: On Tuesday, Apple may unveil the newest in its line of iPods ahead of the holiday shopping season. But, as much as anything unveiled, the appearance of Steve Jobs is hotly anticipated by investors interested in the Apple CEO's health.

FINANCIALS LOOKING TO REBOUND: Mary Thompson is live at the Lehman Brothers Global Financial Services Conference, where bank and brokerage big-wigs will be speaking on the current climate for the sector. Will the Fannie/Freddie bailout mark a bottom for the beaten-down companies?

PENDING HOME SALES: The NAR releases its monthly pending home sales data. Diana Olick follows the numbers in Washington, DC.

OPEC ON OIL OUTPUT: OPEC holds its regular meeting in Vienna, Austria on Tuesday... at which, Venezuela is expected to push OPEC to cut production if oil prices fall more. CNBC Europe's Steve Sedgwick reports.

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