In theory, banks are supposed to be overflowing with tellers, ATMs and loan officers. In reality, they are increasingly focused on servicing legal claims.
The developed world took on too much debt during the good times and is now trying to shrink its balance sheet. If you look at the data, however, very little of this deleveraging has actually taken place.
James Tisch, President and CEO, Loews Corporation, says "the debt level of the United States government is a major problem," and also explains why he is red hot on natural gas.
Lorenzo Bini Smaghi, former ECB governor and visiting scholar at Weatherhead Center for International Affairs, Harvard University, adds that the current economic situation in Europe justifies a weaker euro.
Discussing whether Amazon or Apple is the better buy, with the FMHR crew. Meanwhile Toni Sacconaghi, Sanford Bernstein senior analyst, assesses whether Apple will miss earnings. Also, CNBC's Steve Liesman has the latest details on whether Spain will request rescue funds.
CNBC's Steve Liesman talks with Philipp Hildebrand, BlackRock vice chairman, about the long-term outlook on the U.S. economy at the Buttonwood Gathering in New York.
CNBC's Rick Santelli breaks down the latest numbers on consumer spending and jobless claims, and discussing what it indicates about the economy, with CNBC's Steve Liesman.
The Fed left rates unchanged and says the economy is limping along, with Michael Pento, Pento Portfolio Strategies; Greg Ip, The Economist; and Brian Edmonds, Cantor Fitzgerald.