Today's CNBC MarketWrap

Today's top 5 stories on CNBC

1. Measuring the Risk: Focusing on the markets and Fed, with William Gross, PIMCO chief investment officer/founder and CNBC's Joe Kernen.

2. Citi Write-Downs: A look at the future of Citigroup, with CNBC's David Faber.

3. Parsons Out: Time Warner CEO, Richard Parsons will step down at the end of this year, with James Pethokoukis, U.S. News & World Report and CNBC's David Faber.

4. Finance Veteran on Turmoil: Finance veteran Roger Altman, co-CEO of Evercore Capital Partners, shares his take on the turmoil in the financial sector.

5. IAC Spinoff: IAC splits and Barry Diller explains he will remain chairman & CEO, with CNBC's David Faber.

Click here to view all of today's Top stories

Realty Check w/ Diana Olick: Long And Foster's Mortgage Tactics: Long And Foster's Mortgage Tactics-A Desperate Move CNBC's Diana Olick blogs on the controversial move by real estate broker Long and Foster to push their loans on home buyers over other home loans, that might be better. Is this a sign of the desperate times in housing? Diana has the answer. Click here to view posting.

Tune in to CNBC tomorrow to watch the market unfold

1. Banks Latest: On the heels of Citi's latest write-down, how much more turmoil is out there on Wall Street and what's the likely shake out at the big firms? Charlie Gasparino has been working the phones to get the latest thinking on the Street.

2. Yahoo! on the Hill: Yahoo CEO Jerry Yang is set to testify before a House committee hearing to explain the Internet search company's role in the imprisonment of a Chinese dissident. U.S. lawmakers have accused Yahoo of giving false information to Congress. Hampton Pearson has the latest from Washington.

3. Quadrangle's Media Confab: Private equity group Quadrangle is hosting a conference with all the biggest names in media, hosting the likes of Time Warner CEO Dick Parsons, Facebook CEO Mark Zuckerberg, CBS' Les Moonves, Michael Bloomberg, Al Gore and many more. Julia Boorstin folds in the on-going writers' strike as she looks at the center of the media universe... for today..

4. Going Green for Green: Corporations that successfully grow profits and green business practices in lockstep. Rebecca Jarvis looks at Warner Music Group's distribution arm called "WEA" and finds going green helps them see green. In this industry that is struggling can going green help the bottom line? They say yes.

5. Hagman in the Sun: Actor Larry Hagman runs his 25,000-square-foot home on a mountaintop north of Los Angeles entirely on solar power. Going "green" has saved him tens of thousands of dollars every year on his electric bill. The irony, of course, is that on Hagman played oil baron JR Ewing on the show "Dallas." Now he's as "green" as it gets.

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