Click here to view today's top stories on your mobile device. | Thursday, Aug. 13, 2009 | | TODAY'S TOP 5 VIDEOS | 1. Henderson's "Volt"age | General Motors is opening a lithium ion battery plant for its Chevy Volt, and the plant will initially create 100 jobs. GM CEO Fritz Henderson discusses the plant with CNBC's Phil LeBeau. | 3. Greenback Impact | The year 2010 is of concern to Norbert Walter, chief economist at Deutsche Bank. He tells CNBC's Amanda Drury and Sri Jegarajah he is worried about the greenback weakening and the U.S. interest rates escalating as a result. | 4. Record July Foreclosures | Home loans failed at a record pace in July, despite ongoing federal and state programs to avoid foreclosures, reports CNBC's Diana Olick. Shari Olefson, of Fowler White Boggs, shares her insight. |
| | | | | | Not Your Grandfather's Recession | That's what I was told this week by Paul Laudicina, author of World Out of Balance and one of the top business consultants....He believes this recession is more than a period when many of the world's economies shrank. I happen to agree. We will look back not too long from now and see that there have been fundamental changes as a result of the recent crisis.
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