Fed Needs to Get Cash Moving
AIG is practically a ward of the government and like other big financial institutions, suffering from credit flow blues. Steve Forbes, chairman & CEO of Forbes, tells CNBC the velocity of money has collapsed and that the Fed is to blame for not moving fast enough to get cash circulating.
Geithner, Bernanke Have 'The Slows'?
Ben Bernanke and Tim Geithner both have a bad case of 'the slows', Steve Forbes, chairman & CEO of Forbes tells CNBC. Both of them have been slow to take decisive action on the banking crisis.
What Happens If Tim Geithner Leaves?
If Tim Geithner is booted out of the Treasury, how long will it take for him to be replaced? Steve Forbes, chairman & CEO of Forbes, tells CNBC that it could take weeks.
Suspend Mark-to-Market Accounting
Mark to market accounting should be suspended says Steve Forbes, chairman & CEO of Forbes. He tells CNBC the reasons why and how this has been a bipartisan disaster.
Dollar -- The Preferred Currency?
Risk will return to plague the FX market on continuing concerns on the financial system and weaker-than-expected growth in the U.S., foresees Bill Evans, chief economist at Westpac Bank. He tells CNBC that is why he has a positive outlook on the greenback.
Dollar May Reverse Course Next Week
The dollar's recent weakness is unlikely to last long, believes Joseph Capurso, currency strategist at Commonwealth Bank of Australia. He tells CNBC that the dollar might reverse course as early as next week.
China Unlikely to Achieve 8% Growth