CNBC.com's News Now: Reflecting on Bill Seidman

Click here to view today's top stories on your mobile device. Wednesday, May. 13, 2009     DOW 8284.89 -184.22 -2.18%   NASDAQ 1664.19 -51.73 -3.01%   S&P 883.92 -24.43 -2.69%       NEWS MARKETS EARNINGS INVESTING VIDEO CNBC TV CNBC PLUS     WHAT YOU SHOULD KNOW Stocks Shed Over 2% as Retail Sales Disappoint Stocks lost more than 2 percent Wednesday as bank shares continued to struggle and retail sales unexpectedly fell for a second straight month... »read more Weak Retail, Falling Banks Bring Market Back to Earth Wall Street's rally got a dose of reality Wednesday when retail sales numbers showed what many market watchers have been arguing: The economy is far from recovery.... »read more As GM Bankruptcy Looms, Congress Faces Pressure With General Motors planning to end production of Saturns and Pontiacs at its Delaware plant which employs more than 1,000 people, state leaders are scrambling to win new work at the facility or persuade the company to move other operations to the region... »read more TODAY'S TOP 5 VIDEOS 1. Reflecting on Bill Seidman  Insight on the life and wisdom of former FDIC chair and CNBC contributor William Seidman, with CNBC's Sue Herera, Jim Cramer & Erin Burnett. 2. Geithner & the Community Bankers   The government will reopen TARP fund to small banks once larger ones repay, says Treasury Secretary Timothy Geithner. 3. Otellini On EU Fine   European regulators slapped the world's biggest chip maker with a record $1.45 billion fine, and the company's not going down without a fight. Paul Otellini, CEO of Intel, discusses the situation with CNBC's Jim Goldman. 4. EU: Why it Hit Intel   Intel has harmed millions of European customers with anticompetitive practices, European Competition Commissioner Neelie Kroes told CNBC after the chip maker received a $1.45 billion fine from the EU Wednesday. 5. Bye-Bye Buy & Hold?   "Buy and hold" is an age-old investment strategy that made many people money in years past, but some investment advisers now say that philosophy is a losing proposition. Gerald Jordan, of Hellman Jordan Management; and Jack De Gan, of Harbor Advisory; and Doug Kass, of Seabreeze Partners, discuss.       TODAY'S TOP BLOG   Recession Special: Lobster at Lunch-Meat Prices? Yes, Please! Fishermen in Nova Scotia are fed up because lobster prices have fallen so much, they're now being paid the same price as bologna at the supermarket for their catch. But for consumers, the lobster tank is half full: You can eat like a king for deli-counter prices! »read more »See All CNBC.com Blogs     FIRST IN BUSINESS WORLDWIDE     (c)2009 CNBC Inc. All Rights Reserved 900 Sylvan Englewood Cliffs, NJ 07632

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