Titan Tuesday: Executives Sound Off on Economy
Retail, Housing & the Economy
“It’s still a very tough market, but we’re seeing some signs…we may be getting closer to the bottom. We have housing starts that are low since 1991, most of the subprime and Alt-A has been worked through the market, we’re at levels like we were at back in 2000. We don’t see it yet, but you can start to look forward to where we’ll hit the bottom.”
- Frank Blake, Home Depot Chairman & CEO
Banks 'Safe and Sound'
"Overwhelmingly banks are safe and sound in this country...It's a remove chance that your bank would fail, but even if it does if you're insured you're perfectly fine, you're perfectly safe."
- Sheila Bair, FDIC Chairman