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CNBC Stock Blog
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Will the Obama Administration's plan to save the U.S. economy actually help the markets? Strategists, analysts, investors and consumers are at odds over the answer.
Mega-investor Wilbur Ross Jr. of WL Ross & Co. told CNBC he doesn't believe the government plan "quite gets it done." The billionaire financier said the principals of loans must be reduced for troubled mortgagors to be helped — and nothing positive will happen until 2010.
Meanwhile, CNBC's Rick Santelli (see Bio) sparked a revolution of sorts on the floor of the Chicago Board of Trade. Watch the video to see!
- POLL: Would You Join Santelli's 'Chicago Tea Party?'
- See All of Rick Santelli's Video Reports
- Ross: Consumer Leveraging a 'Giant Ponzi Scheme'
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CNBC's Companies in the News:
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