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Thursday, February 19, 2009

CNBC.com News Now: Whitney: No to Nationalization

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Thursday, Feb. 19, 2009
CNBC.com's News Now CNBC Extended Hours Real-Time Quotes: Now CNBC.com brings you even more of the fast and actionable information you need to respond to market moves - and it's free!    
DOW 7465.95 -89.68 -1.19%  
NASDAQ 1442.82 -25.15 -1.71%  
S&P 778.94 -9.48 -1.2%  
 
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WHAT YOU SHOULD KNOW
Dow Hits 6-Year Low as Banks Tank
Stocks tumbled Thursday as anxiety over how the Obama administration will fix the crippled financial system pushed the Dow to its lowest level in more than six years...
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Allen Stanford Found by FBI Agents, Served Papers
FBI agents served the complaint from the U.S. Securities and Exchange Commission on Texas billionaire Allen Stanford in Virginia, an FBI spokesman said on Thursday...
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Housing Plan: Five Things Investors Need to Know
Investors hoping the government bailout will rescue the housing industry are making a risky bet, judging by analysts' reaction to the plan....
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TODAY'S TOP 5 VIDEOS
1. Santelli's Chicago Tea Party  
The trading floor buzz on whether the government's plan to save the economy will actually help the markets, with Jason Roney, Sharmac Capital; Wilbur Ross Jr., WL Ross & Co. and CNBC's Rick Santelli

2. Whitney: No to Nationalization  
Banking stocks are all lower today as the outlook for the industry fails to brighten. Meredith Whitney, CEO of the Meredith Whitney Advisory Group, has been on point with her outlook for financials and tells CNBC what's next for the sector

3. Swiss Fight to Stay Secret 
The Swiss government is battling to retain the country's right to banking secrecy after UBS struck a deal with US authorities to transfer client data. Grace Annan from IHS Global Insight considers the implications.

4. Obama & Harper In Ottawa 
President Obama and Canadian Prime Minister Stephen Harper announce a clean energy initiative and the importance of the relationship between the two North American countries.

5. Stop Trading, Listen to Cramer!  
Mad Money's Jim Cramer shares his stock picks and pans with CNBC's Melissa Lee

 

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  TODAY'S TOP BLOG
  blogger
Amgen's Epogen & Pedal Pushers
The "Amgen Tour of California" is getting a lot more publicity than usual because superstar cyclists Lance Armstrong and Floyd Landis are trying to make comebacks in the race. But there's a certain irony that the biotech company that makes EPO, what is by nearly all accounts the most popular performance-enhancing drug among cyclists, is the major sponsor of a bike race featuring one defrocked, steroid-using racer and another one who has long been rumored to juice up.

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