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Californai in CrisisCalifornia in Crisis
California in Crisis - The world's eighth largest economy is on the brink. - CNBC’s takes an inside look at the financial breakdown and how it may threaten the entire US economy.

ABOUT THE SHOW

California is on the verge of an economic meltdown. The state, with the second highest foreclosure rate in the nation, is being hammered by the deep recession, rising unemployment and a growing multi-billion dollar budget deficit.

CNBC takes you inside California's economic crisis… speaking to government officials, CEOs, economists and traders. The ramifications of a financial failure here will affect the entire US economy as well as companies and investors worldwide. And, while California may be the biggest state in trouble, it isn't alone.

VIDEO GALLERY


Current DateTime: 11:31:07 23 Nov 2009
LinksList Documentid: 31932950
    • Radio Guys: Changing California 

        Talking with two radio hosts that are changing California, with John Koby, KFI's "John and Ken Show"; Ken Champiou, KFI's "John & Ken Show"; and CNBC's Jane Wells.

    • Fixing the Problems: Solutions Only 

        Discussing whether the budget deal will pass, with Jerry Brown, California attorney general; Steve Poizner, California Insurance commissioner; and CNBC's Sue Herera.

    • Trading the Crisis 

        Making money of the crisis in California, with Milton Ezrati, Lord Abbett; Marilyn Cohen, Envision Capital; and CNBC's Sue Herera.

    • Finding Gold in California Bonds 

        California's fiscal crisis is doing little to tarnish the appeal of the state's debt, with CNBC's Mary Thompson.

    • Will Budget Plan Get Passed? 

        Assessing whether the California budget plan will make it through the legislature, with former governor Gray Davis, D-Calif. and CNBC's Sue Herera & Jane Wells.

    • Happy Cows & California Agriculture 

        California farmers are navigating some rough terrain, reports NBC's Michael Okwu.

    • Show Biz Still Golden? 

        California is hopeful it will lure TV and movie productions back from states like New York, reports CNBC's Julia Boorstin.

    • Technology: An Industry in Trouble 

        Insight on the tech business in California, with CNBC's Jim Goldman.

    • California's Money Men 

        Discussing whether the California deal will make it through the legislature, with John Chiang, California State controller; Bill Lockyer, California State treasurer; and CNBC's Sue Herera.

    • Making of a Financial Disaster 

        California's habitual fiscal melodrama is a cautionary tale, with CNBC's Jane Wells.

    • Olympic Stock Plays 

        Olympic stock plays, with Elizabeth Ody, writer for Kiplinger's Personal Finance

  • Fixing California’s Fiscal Mess 

      California is being hammered by the deep recession and rising unemployment, and the state's budget deficit is not at $26 billion. California State Treasurer Bill Lockyer discusses the situation with the CNBC news team.

  • Feeling California’s Pain 

      California is proving to be the poster child for bad state finance, with Amanda Carpenter, Washington Times; Julie Bryant Fisher, Atlanta Business Chronicle; Catherine Reagor, Arizona Republic; and CNBC's Dennis Kneale.

  • Poster Boy for the Mortgage Crisis 

      The travails of a man caught in the middle of the crisis, with Terry Gilliam, California real estate owner and CNBC's Dennis Kneale.

  • California State Treasurer Bill Lockyer on the Crisis 

      Discussing the financial crisis in California, with Bill Lockyer, California State treasurer and CNBC's Maria Bartiromo.


SHOW TIMES

Show highlights available in our Video Gallery

SHOW ANCHOR AND REPORTERS


Current DateTime: 11:31:08 23 Nov 2009
LinksList Documentid: 31933002

LATEST NEWS STORIES

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Current DateTime: 11:31:09 23 Nov 2009
LinksList Documentid: 31941451
    • Help Wanted—Please Run $4 Billion University

        USC is the largest private employer in Los Angeles, with an endowment worth $4 billion. You'd think being "Top Trojan" would be a plum job. So why is USC taking out half-page ads in the Wall Street Journal?

    • Road Rage Rants

        Is it possible to profit from road rage? One Web site hopes so.

    • Things Get Stranger In a Strange Land

        California really is trying to get its act together, I think. The Los Angeles Times reports that a special commission hopes to reform lawmaking, since California lawmakers have been doing such a good job at it.

CNBC ORIGINALS

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Current DateTime: 11:31:09 23 Nov 2009
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