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Friday, August 8, 2008

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s Friday, Aug. 08, 2008

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TODAY'S TOP 5
Video 1 1. Stiglitz on GSEs

Video 2 2. Pickens' Plan Update

Video 3 3. Light at the End of the Tunnel for Banks

Video 4 4. Powering America: Stocks to Watch

Video 5 5. Maria's Market Message

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Countrywide Anniversary: A Look At "Year From Hell

Looking back at the events and players that led to the mortgage lenders' ultimate demise. Click here to read more.

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VIDEO OF THE WEEK

Freddie Mac Fires Back, Pt. 1: Inside Freddie Mac, with Richard Syron, Freddie Mac chairman & CEO and CNBC's Maria Bartiromo.

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Tune In to CNBC Tomorrow!

OLYMPIC BUSINESS: Darren Rovell and Carl Quintanilla are live in Beijing, where the Olympics are now in full swing. The US basketball teams has begun its campaign for gold, while Michael Phelps is shooting for his eight!

MADDENPALOOZAEA: Sports is releasing Madden NFL '09 (with Brett Favre on the cover in a Packers jersey) and celebrating the 20th anniversary of the Madden NFL Franchise. To celebrate, EA Sports and Xbox are holding "Maddenpalooza" at the Rose Bowl on Monday. Julia Boorstin is live on-site at the Rose Bowl to talk about the franchise, expected sales and how, despite a consumer crunch, people still have money for Madden.

INTEL-LIGENT INVESTING: On Monday, joining its current set of familiar names, Intel will officially announce its next-generation microprocessor, "i7." Intel will be saving much of the pomp and circumstance for the Intel Developer Forum which kicks off in San Francisco the following week, but Jim Goldman follows the news to discuss Intel's outlook, the health and welfare of the chip industry, as well as big cap tech.

EVEN THE RICH ARE HURTING: Well, some are. There's rich, and then there's "unconscionably rich." The unconscionably rich are still flying their BBJ's around the globe, but charter jet travel is way down for the "regular rich." Companies, individuals, movie studios--all are downsizing the planes they use for certain executives/stars. Jane Wells explains.

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