Some fear the bill will wind up giving preferential treatment to big firms, while others worry that the American taxpayer will remain on the hook, much the way it happened with the near failuremof AIG and others in 2008.
Three separate catalysts triggered a strong rally on Monday. How should you be positioned in the wake of this market trifecta?
Warren Buffett defended Goldman Sachs as it faces SEC fraud accusations and talked about the signs of "real strength" he's seeing in the U.S. economy during a live interview in Omaha today, May 3, 2010 with Becky Quick on CNBC's Squawk Box. Here are video clips and a transcript of their conversation.
Stocks advanced on this first trading day of May after some positive economic reports and details of a European financial rescue package for Greece provided some measure of relief.
Stocks opened higher Monday after Greece was offered a bailout package of more than $145 billion by the European Union and the IMF.
Warren Buffett tells CNBC this morning that he does not see a "problem" with the Goldman Sachs Abacus deal at the center of SEC fraud charges against the firm. Buffett also endorses CEO Lloyd Blankfein, saying he's done a "great job" at the company and should continue as CEO.
Police are continuing their investigation of a botched car-bombing attempt in New York’s Times Square on Saturday. Was a terror premium already built in or are markets discounting the event? John Brady of MF Global shared his market insights.
US stock index futures were indicating a higher open for Wall Street Monday, after Greece was offered a bailout package of more than $145 billion by the European Union and the IMF.
Warren Buffett's strong defense of Goldman Sachs spacer against SEC accusations of fraud dominates the day-after headlines from coverage of this year's Berkshire Hathaway shareholders meeting in Omaha.
Warren Buffett tells CNBC that Goldman Sachs "has lost the PR battle at this point" as it responds to SEC accusations, but he does not think the firm has committed fraud. In a taped interview with Becky Quick ahead of today's Berkshire Hathaway shareholders meeting in Omaha, Buffett says Goldman has suffered because it did not respond quickly enough to the announcement of the SEC's complaint against the firm. Here's the video and transcript of their conversation.
Warren Buffett is defending Goldman Sachs before shareholders at the Berkshire Hathaway annual meeting in Omaha, saying, "It's hard for me to get terribly sympathetic" with the alleged victim in the SEC's case against the Wall Street giant. Buffett also says "we love" Berkshire's investment in Goldman.
The question for markets in the week ahead will be whether to ride a wave of better economic and earnings news—or give in to a growing list of worries.
Cramer talks to the CEO to get the skinny.
News of a criminal inquiry into Goldman Sachs comes just as investors are increasingly focused on the idea that financial regulatory reform may have sharper teeth for the industry than previously expected.
Stocks shed 1.4 percent Friday, . Goldman Sachs tumbled on reports of a federal probe, prompting investors to unload bank shares. The Dow was down more than 130 points, or 1.2 percent, with 10 minutes to go on the clock.
Although it is harder to find a bargain on value stocks than it was a year ago, investors can still find a deal in some infrastructure companies, Mario Gabelli, of Gamco Investors, told CNBC at Berkshire Hathaway's annual shareholder meeting Friday.
As the financially faithful descend on Omaha for Berkshire’s annual shareholder meeting, what will Warren Buffett say to them about Goldman Sachs?
The new reputational/political risk associated with the market in key stocks (BP, Goldman, Massey) is the biggest story of the week. A good example of the uncertainty in the trading community is a note sent out by Buckingham Research this afternoon regarding Goldman. It is titled: Litigation/Political Risk Too Difficult to Handicap...
You’ve heard the expression sell in May and go away, well this year maybe we should change it to sell on April 30th and go away.
Advocating the old Wall Street saying, "sell in May and then go away," a European analyst said there are "dark clouds ahead" in the markets.