Fannie Mae and Freddie Mac should not be saved if they go bankrupt, and economic stimulus packages do more harm to economies in the long run than good in the short term, Jim Rogers, CEO of Rogers Holdings, told CNBC Friday.
In June CNBC launched a competition to find a green start-up business and had over 200 entries from all over Europe. Philippa Malmgren, president of Principalis Asset Management, considers the final three projects.
UK banking regulations were under the spotlight again Thursday as proposals from city expert Sir David Walker were formally reviewed. Jon Dymond, director of Hay Group, has analysis of the proposals.