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Wells Fargo CEO: Interest Rates Need to Normalize

U.S. News

Today's Top Videos: Auto Bailout, Job Cuts & More...

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Published: Thursday, 4 Dec 2008 | 4:14 PM ET
By: CNBC.com
Stop Trading, Listen to Cramer!
Mad Money's Jim Cramer shares his stock picks and pans with CNBC's Erin Burnett.

Stop Trading, Listen to Cramer!

“There are some [retail stocks] that did better than others. The discounters—Wal-Mart 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 …”

—Jim Cramer, CNBC’s "Mad Money"

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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:

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					Markets Read FOMC Negatively: Expert 							
			
    
						
			
			
    David Blitzer, S&P 500 Index Committee chairman, and Carl Riccadonna, Deutsche Bank senior economist, discuss the impact of the Fed's expected tapering process on stocks and bonds. And John Stumpf, Wells Fargo chairman & CEO, weighs in on the housing recovery.
    
	
		
	
	
    	            	        
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					Global Markets:  Asia Equities Get Hammered 							
			
    
						
			
			
    CNBC's Eunice Yoon reports on all the market moving events from Asia, as possible unwinding of monetary easing in the U.S. and weak economic figures from China send stocks in retreat.
    
	
		
	
	
    	            	        
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					Men's Wearhouse Zimmer Fired 							
			
    
						
			
			
    CNBC's Bertha Coombs reports on George Zimmer, the founder and CEO of Men's Warehouse, who was fired. 
    
	
		
	
	
    	            	        
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