With BP shares near a 10-year low, is it worth the price as a lottery ticket?
Why he thinks selling $2 trillion worth of 30-year Treasuries would help.
Brokers selling complex securities that they once contended were safe and sound have saddled individual investors with billions in losses since the credit bubble burst. Remember auction-rate securities? Those were peddled to investors as just as good as cash — until they no longer were after that market seized up in 2008. The NYT reports.
Europe's $1 trillion bailout fund might alleviate some of concerns that its debt problems could spread to the US, Philadelphia Fed President Charles Plosser told CNBC Monday
Two fund managers told CNBC Friday that they lost less than 1 percent of net asset value, despite Thursday's 347-point plunge by the Dow Jones Industrial Average.