Angry? Join Rick Santelli's Chicago Tea Party!
Will the Obama Administration's plan to save the U.S. economy actually help the markets? Strategists, analysts, investors and consumers are at odds over the answer.
Mega-investor Wilbur Ross Jr. of WL Ross & Co. told CNBC he doesn't believe the government plan "quite gets it done." The billionaire financier said the principals of loans must be reduced for troubled mortgagors to be helped — and nothing positive will happen until 2010.
Meanwhile, CNBC's Rick Santelli (see Bio) sparked a revolution of sorts on the floor of the Chicago Board of Trade. Watch the video to see!
- POLL: Would You Join Santelli's 'Chicago Tea Party?'
- See All of Rick Santelli's Video Reports
- Ross: Consumer Leveraging a 'Giant Ponzi Scheme'
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CNBC's Companies in the News:
UBS
Citigroup
General Motors
Sprint
Bank of America
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