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Today's Top Videos: Stimulus II, Weak Euro & More...

CNBC.com
Monday, 20 Oct 2008 | 5:54 PM ET

The possibility of a second economic stimulus package gained momentum after Fed chairman Bernanke urged Congress to consider a new plan, while Treasury secretary Paulson said in a briefing that giving money to banks won't hurt taxpayers. Following are today's top videos:

Paulson's Capital Purchase Plan
Treasury Secretary Henry Paulson unveils new details about his department's capital purchase plan.

Paulson's Capital Purchase Plan

“Over the last few weeks, we have worked aggressively to implement the authorities provided by congress and the financial rescue package earlier on this month. This morning, I will provide a short update on the capital purchase program that is a key component of that package.”

—Henry Paulson, Treasury Secretary

Euro Rates Heading Lower
Germany, "the best student in the class" is showing significant signs of weakness, which will prompt the ECB to cut interest rates by 50 basis points before next year, Jean-Michel Six from Standard & Poor's told CNBC.

Euro Rates Heading Lower

“[Madame Lagarde is] probably on the optimistic side. We are currently forecasting about 0.3 to 0.5 percent growth for GDP next year. And like in other countries such as the UK, we don’t have so much of a problem in the household sector…”

—Jean-Michel Six, Chief European Economist, Standard & Poor

Calling for CDS Regulation
Discussing the regulation of credit default swaps, with Eric Dinallo, New York State Insurance Department superintendent

Calling for CDS Regulation

“Tomorrow, the settlements of the [Lehman Brothers’ ] auction-outcome begin. I think it will be very interesting to see because that will be a very telling sign as to there was behind the credit default-swaps.”

—Eric Dinallo, Superintendent, New York State Insurance Department

Nobel Thoughts on the Economy
Discussing the financial crisis and the economy, with Joseph Stiglitz, 2001 Nobel Prize winner/ Columbia University professor and Gov. David Paterson, D-NY

Nobel Thoughts On the Economy

“…The Federal government has to step in and make up for these deficits. And if it doesn’t do that, there’s going to be a real problem. The talk about a stimulus package is not really a stimulus package—it’s preventing things from getting much worse…So what we need now is a comprehensive stimulus program.”

—Joseph Stiglitz, 2001 Nobel Prize winner/ Columbia University Professor

Stop Trading, Listen to Cramer!
Mad Money host Jim Cramer shares his stock picks with CNBC's Erin Burnett.

Stop Trading, Listen to Cramer!

"I think people have to start realizing that most of the companies that are involved with Boeing —they've got to settle this strike by November 1 and it's really going to start impact earnings. Maybe it's going to settle after the elections...This strike is beginning to really hurt America."

—Jim Cramer, CNBC's Mad Money

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