CNBC.com's News Now: Wilbur Ross On GM's Insolvency

Click here to view this newsletter on your mobile device. Monday, Apr. 13, 2009     DOW 8057.81 -25.57 -0.32%   NASDAQ 1653.31 0.77 +0.05%   S&P 858.73 2.17 +0.25%       NEWS MARKETS EARNINGS INVESTING VIDEO CNBC TV CNBC PLUS     WHAT YOU SHOULD KNOW Stocks End Mixed Amid Obama Buzz; GM Skids Stocks ended mixed in a dramatic finish Monday as the market was buzzing about President Obama's press conference on the economy tomorrow.... »read more Goldman Posts Strong Profit, But Share Offering Hits Stock Goldman Sachs announced better-than-expected earnings of $3.39 a share for the first quarter, but the stock fell in after-hours on news of a $5 billion share offering.... »read more Investors Hope Banks Will Prove Recovery Is Real As big banks start reporting their first-quarter earnings this week, investors will be looking to see if the recent spate of good news suggests a turnaround is for real... »read more TODAY'S TOP 5 VIDEOS 1. Wilbur Ross On GM's Insolvency   General Motors has yet to prove itself to bondholders that can avoid bankruptcy, says Wilbur Ross, Jr., L Ross & Co. chairman/CEO. 2. Cohen On Balancing U.S. Budget  Discussing the slowdown in the economic deterioration and the growing budget deficit, with Abby Joseph Cohen, Goldman Sachs Global Markets Institute president. 3. Cuba: Investment Impact   President Obama is loosening restrictions on travel and remittances to Cuba for Cuban Americans, reports CNBC's Hampton Pearson. Andrew Busch, of BMO Capital Markets, and Kirby Jones, of the U.S.-Cuba Trade Association, discuss. 4. McGraw On Ensuring Prosperity   There is still a lot do to return the economy to growth, says Terry McGraw, The McGraw-Hill Companies chairman/CEO. 5. Waist vs. Worry   The recession is giving Americans a lot of reasons to worry but it might also be making them fat, with David Kirchhoff, Weight Watchers International president/CEO.       TODAY'S TOP BLOG   One Big Bear Is Not Running With The Bulls "It's still scary out there." That's what billionaire Jeff Greene told me as we sat inside one of his Southern California mansions. Greene has made a killing going against conventional wisdom. As I've reported before, Greene began buying credit default swaps on mortgage backed securities in 2006, basically buying a form of insurance on bonds filled with subprime loans from California and Florida. He figured those bonds would fail, and when they did, he was in the money on his "insurance". »See All CNBC.com Blogs     FIRST IN BUSINESS WORLDWIDE     (c)2009 CNBC Inc. All Rights Reserved 900 Sylvan Englewood Cliffs, NJ 07632

If you'd like to subscribe to this newsletter please visit our member center
Please note that cnbconline@cnbc.com is an unmonitored mailbox. To unsubscribe click here.