Skip navigation
Watchlist Sponsored By :

Current DateTime: 12:32:20 02 Dec 2008
LinksList Documentid: 24890560
  • Predictions '09

      Find out what trends, events, people and forces are likely to shape the world of business in 2009.

  • Holiday Central

      Your one stop destination for all the latest retail news, blog reports, shopping tips and holiday slideshows.

  • Wall Street In Crisis

      With shock after shock to the world's financial system, the credit crunch continues to drive a major reconfiguration of the Wall Street landscape.

CNBC.com | 24 Sep 2008 | 07:22 PM ET
Text Size

Warren Buffett makes a surprise $5 billion endorsement to Goldman Sachs [GS  Loading...      ()   ], while Treasury Secretary Paulson agreed that a proposed $700 billion financial bailout be modified to put some limits on executive pay. Following are today's top videos:

Buffett's $5B Investment in Goldman

“There’s not better firm on Wall Street. We’ve done business with them for years. The price was right, the terms was right, the people were right, so I decided to write the check.” 

—Warren Buffett, Chairman, Berkshire Hathaway

Executive Compensation Limits

“This is a consensus developing primarily between house and senate Democrats but there are some Republicans are agreeing to this. About how this big bill, this RTC-like plan, will look like, I received a document today that outlines the consensus. It’s still a work in process.”

—Charlie Gasparino, CNBC Business News

Will Washington's Plan Work

“I give the Paulson plan a B+, but I give his marketing of this plan an F! The way he’s selling it is bad. There’s no oversight, and he’s got a bend on every one of these points. It’s very confusing, so there needed to be more clarity—but we do need to unclog the financial system so the basic structure of the plan is necessary.”

—Jeremy Siegel, Finance Professor, Wharton School at University of Pennsylvania

Stop Trading, Listen to Cramer!

“With AIG, we got the news that the federal government basically is not going to let any of these people take over. I think the obligations are maybe 4 or 5 times what the government is going to lend them. I think AIG [AIG  Loading...      ()   ] would be down substantially if it weren’t for the fact that you can’t short.”

—Jim Cramer, CNBC’s Mad Money

Maria's Market Message

“The latest report on durable goods orders and new home sales likely to set the tone for trading on Thursday. Treasury secretary Hank Paulson and Federal Reserve Chairman Ben Bernanke back on Capitol Hill today, pushing the proposed $700 billion bailout of the financial industry.”

—Maria Bartiromo, CNBC’s Closing Bell

More From CNBC.com

© 2008 CNBC.com

HOME  |  NEWS  |  MARKETS  |  EARNINGS  |  INVESTING  |  VIDEO  |  CNBC TV  |  CNBC PLUS  |  CNBC MOBILE  |  CNBC HD+
About CNBC   |   Site Map   |   Privacy Policy   |   Terms of Service   |   Advertise   |   Help   |   Feedback   |   Video Reprints
  Data is a real-time snapshot   *Data is delayed at least 15 minutes

Global Business and Financial News, Stock Quotes, and Market Data and Analysis