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Legislation Regulations

  • bush_gw_0710.jpg

    Former President George W. Bush told me in a CNBC interview today in Salt Lake City that the stock market was not a fair scorecard of his presidency.

  • european_union_crack2_200.jpg

    When European Union (EU) leaders provided a bailout for Greece last May, they no doubt “did the right thing.” But in the process, they not only broke the spirit of the EU Treaty, but also set themselves up for the future challenge of reining in moral hazard.

  • Warren Buffett

    For many years, I’ve been a fan of Warren Buffett’s long term approach to value investing. Understanding the value of a company, regardless of its momentary stock price, is a great long term investing strategy. But it pains me whenever I read commentary from Buffett that glosses over reality or is somehow self-serving.

  • US $100 banknote and a compass

    Muni-bond funds of all types have been taking a drubbing, and the weakness continues.

  • Wetlands

    Though the future of a cap-and-trade-based carbon market now looks grim, there are other less-known environmental markets--such as wetlands mitigation--that are up and running and attracting investor attention.

  • Traders work on the floor of the New York Stock Exchange.

    I'm sure they mean well. British regulators, in their recent decision to record bank employees work cell phones must have lofty goals. For example: Protecting the investing public—and the economy at large—from rogue traders and corrupt bankers. But does anyone expect it to work?

  • grantham_jeremy_200.jpg

    Investors should be overweight in cash, which gives them security as well as the option to take advantage of other investments if prices fall, fund manager Jeremy Grantham told CNBC Thursday.

  • Dublin, Ireland

    Patrick Honohan, Ireland’s central bank governor, on Wednesday put a “For Sale” sign over the country’s ailing banks, stressing that foreign ownership of the troubled sector was “not as far-fetched a scenario as it might appear to some”, reports the Financial Times.

  • After a five-year hiatus, Phyllis Rockower is back buying up houses on the cheap, then fixing and flipping them. "I love ugly houses," she says. "They make money."

  • Fabrice Tourre, who is accused of fraud in a Securities and Exchange Commission lawsuit over a mortgage-linked investment, prepares to testify before the Senate Homeland Security and Governmental Affairs Investigations Subcommittee on Capitol Hill on April 27, 2010.

    Industry regulators have fined Goldman Sachs $650,000 for failing to disclose that two of its brokers, including the executive accused of leading the mortgage securities deal that brought civil fraud charges against the firm, were under investigation by the government.

  • President Barack Obama

    Beyond Mr Obama’s signal that the administration was seeking to press the “reset” button with business, there were other reasons why corporate America had reason to cheer the election of a new Republican majority in the House of Representatives.

  • Paul_ron_200.jpg

    Longtime central bank critic Rep. Ron Paul, (R-Texas), told  CNBC Monday that the Federal Reserve's attempt to stimulate the economy with more liquidity will hurt the dollar and  spark inflation.

  • Dublin, Ireland

    When interest rates soared last week on Irish government bonds, it served as a warning to other indebted nations of how difficult it could be to roll back decades of public sector largess. The New York Times reports.

  • Some of the biggest trade finance providers, led by HSBC and Standard Chartered, are lobbying to have tough capital rules toned down, warning that if they are not, world trade could be severely hampered. The Financial Times reports.

  • House Chamber

    The most interesting divide in Washington this week is not between Republicans and the Democrats, it’s the yawning gap between "stimulators" at the Federal Reserve and "non-stimulators" in Congress.

  • bush_george_president_1.jpg

    Former President George Bush told NBC in an interview airing on Monday that he believes that TARPfunds used to bail out Wall Street banks in 2008 saved the economy and that he would “absolutely” do it again today, if presented with the same problem.

  • Bank of America flag

    Bank of America on Thursday rebuffed claims by a lawyer for several big investors, including the Federal Reserve Bank of New York, that it should buy back troubled mortgages because the loans were made improperly, the New York Times reports.

  • bank_vault_200.jpg

    The Federal Reserve may soon allow healthy banks to increase dividend payments to stockholders, according to a report from the Wall Street Journal Thursday.

  • Your Money Your Vote - A CNBC Special Report

    The midterm results represented a “repudiation” of the agenda of President Obama and the Democrats, not necessarily a “validation” or Republicans, Rep. Paul Ryan (R-Wisc.), told CNBC Wednesday.

  • Your Money Your Vote - A CNBC Special Report

    Housing will be the main financial issue for the newly configured Congress, Camden Fine, president CEO of the Independent Community Bankers of America, told CNBC Wednesday.