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Current DateTime: 09:30:50 14 Nov 2009
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Current DateTime: 09:30:50 14 Nov 2009
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  • The Billionaire BFF's

      Philanthropists. Bridge partners. Hockey players. Which responses are based on facts from Buffett's and Gates' real lives?

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      Can you tell which statements are true, and which ones are just rumors?

  • Think You Understand Markets?

      We've selected some questions from the Financial Industry Regulatory Authority's test of investor knowledge. See how you do ...


Current DateTime: 09:30:50 14 Nov 2009
LinksList Documentid: 24890560
  • Winterizing Your Portfolio

      If 2009 was the winter of our discontent, will 2010 be a winter wonderland for investors? A lot depends on the recovery—or lack thereof.

  • Investor's Guide to Real Estate

      Some even say the long-awaited recovery is here. Regardless, buyers and sellers alike can profit from our guide.

  • Alternative Investing

      Stocks and bonds? Sure. But it's a big world out there for investors.

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By: CNBC.com | 04 Dec 2008 | 04:14 PM ET
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The Big Three CEOs returned to Washington to meet with the Senate Banking Committee today, as AT&T and other companies reported job cuts. Following are today's top videos:

Bernanke on Housing

The U.S. financial system has been in turmoil during the past 16 months. Credit conditions have tightened and asset values have declined, contributing substantially, in turn, to the weakening of economic activity.”

—Ben Bernanke, Chairman, Federal Reserve

AT&T Announces Job Cuts

AT&T [T  Loading...      ()   ] job cuts, Viacom [VIA  Loading...      ()   ] job cuts, DuPont [DD  Loading...      ()   ]…[AT&T’s] job cuts of 12,000—roughly 4 percent of the company’s work force…the company has plans to reduce its 2009 capital expenditures from its 2008 levels.”

—David Faber, CNBC Business News

Auto Hearing: Alan Mulally Statement

“Since the last hearing, I have thought a great deal about the concerns that you expressed. On Tuesday, you received Ford’s [F  Loading...      ()   ] detailed and comprehensive business plan and I appreciate the opportunity to return here today to share Ford’s vision and progress in becoming a profitable, growing company.”

—Alan Mulally, President & CEO, Ford Motor

Auto Hearing: Richard Wagoner Statement

“As we put our plan together—it is ironically GM’s [GM  Loading...      ()   ] centennial year this year—we thought about our past and what that should mean for our future. We have a lot of things that we’re proud of, and there are also mistakes during our history. What we tried to do in our plan, which was submitted earlier on this week, was to learn from both of those…”

—Richard Wagoner, President & CEO, General Motors

Stop Trading, Listen to Cramer!

“There are some [retail stocks] that did better than others. The discounters—Wal-Mart [WMT  Loading...      ()   ] being amazing—but then there’s others which I regard as simply not going out of business and that’s the action I see in Sears [SHLD  Loading...      ()   ]…”

—Jim Cramer, CNBC’s "Mad Money"

More From CNBC.com:

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CNBC HIGHLIGHTS

  • Warren Buffett and Bill Gates spoke to Columbia students, and Buffett made the students a startling offer.
  • Brian L. Roberts
  • For the chief of cable company Comcast, growth has been about making deals – generally very large deals.
  • Some companies may start using insurance to shift carbon risk from their balance sheets to maybe... yours?
  • The president and founder of Genesis Today wants to improve America’s health, and thinks Wal-Mart can help.
  • Switzerland's privacy watchdog is taking legal action to force Google to make changes to its Street View service.
  • A wealthy, distracted Texas driver crashed his million-dollar Bugatti Veyron sports car into a salt marsh, say police.
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