Pros Say: Darwinian Pain = Good For the Strong On Friday, the auto bailout was announced: General Motors and Chrysler will get up to $17.4 billion in short-term loans from the U.S. in return for deep concessions, as the Bush administration cited danger to the national economy...read more
Need to Know: New Federal Credit Card Rules Some good news for consumers: The feds have finally set some new rules that will protect consumers from credit card companies increasing interest rates on their existing balances...read more
3. Last Holiday Shopping Weekend A look at how the compressed holiday shopping season is going, with Gerald Storch, Toys R Us chairman/CEO
4. Obama Fills Out His Cabinet President-elect Barack Obama makes cabinet appointments, including Labor Secretary, Transportation Secretary, U.S. Trade Representative & the head of the Small Business Administration.
Yahoo, SanDisk, Take-Two: Embarrassments All We have been witness this year to a troika of tech-shareholder fiascos, and the only thing more stunning is the lack of indignancy...
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Picker: Buy Consumer Stocks (Carefully) "We've divided the consumer market into areas that consumers can buy with cash, versus areas that consumers need financing to buy," the chief investment officer of Harris Private Bank told CNBC. "Clearly, anything that needs financing to buy is out." read more
2. Schapiro: The Right Choice? Whether Mary Schapiro is the right choice to head the SEC, with CNBC's Steve Liesman & Charlie Gasparino
3. Greenspan On Banking, Housing Former Federal Reserve Chairman Alan Greenspan says the banking system needs an additional $250 billion in capital, reports CNBC's Steve Liesman.
4. Madoff: Bail or Jail? Whether Bernard Madoff should be bailed out or go to jail for his allleged scheme, with John Singer, Singer Deutsch parter/attorney and Steven Feldman, Herrick Feinstein partner
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