CNBC’S "FAST MONEY" HEADS TO DC TO BRING YOU "FAST MONEY: WASHINGTON THE WAY FORWARD"
"Fast Money," Anchored By Dylan Ratigan, Broadcasts Live From The DAR, Constitution Hall, in Washington, DC on Friday, November 7th
ENGLEWOOD CLIFFS, N.J. – November 5, 2008 –
After a $700 billion overall rescue package for the financial industry, a ballooning $123 billion bailout of AIG and a $30 billion backing of JPMorgan's takeover of Bear Stearns, the center of power for American finance has moved from Lower Manhattan to Pennsylvania Avenue. What does this shift mean for your savings, your home and your trades?
CNBC's "Fast Money," America's hottest money program, broadcasts live on Friday, November 7th at 5PM ET from The DAR, Constitution Hall, in Washington, DC, the city at the heart of the crisis and ultimately where it will be resolved. Fresh off election day, CNBC's "Fast Money" heads to Washington, DC to break down the challenge facing our new President¾fixing America's economy and financial system.
Keith Hennessey, Assistant to the President for Economic Policy and Director of the National Economic Council, will discuss the progress of the current administration's rescue efforts and what the new administration will need to do to complete these efforts. FDIC Chief Economist Rich Brown will also be on-hand to discuss strengthening our financial system and how his agency's plans to help people stay in their homes will help move America out of the credit crisis. Also, Evercore Partners Chairman and CEO Roger Altman, a veteran of both Wall Street and Washington, provides insight into the way forward for capitalism and our economy.
"Fast Money" broadcasts weekdays on CNBC at 5PM ET and re-broadcasts at 12AM ET. "Fast Money" usually originates weekdays from the NASDAQ Stock Market's street level MarketSite studio in New York's Times Square.
"Fast Money" is a rapid-paced, highly-charged hour where Wall Street's best traders debate the hot trades of the day. The "Fast Money" traders give you the information normally reserved for the Wall Street trading floor, enabling you to make decisions that can make you money. The "Fast Money" traders give you the news, as only the savviest traders can, with an angle that you won't see until tomorrow's papers.
Ratigan, who also co-anchors CNBC's "The Call" (11AM-12PM ET) and CNBC's "Closing Bell" at 3 PM ET from the New York Stock Exchange, leads informative discussions on the trades of the day with five Wall Street traders: Guy Adami, Managing Director, Drakon Capital; Jeff Macke, founder and president of Macke Asset Management; Pete Najarian, co-founder of optionMONSTER.com; Karen Finerman, President of Metropolitan Capital Advisors, Inc. and Timothy Seymour, founder and Managing Partner of Seygem Asset Management.
For more information regarding "Fast Money: Washington The Way Forward," including web extras, log on to cnbc.com.
CNBC is the recognized world leader in business news, providing real-time financial market coverage and business information to more than 340 million homes worldwide, including more than 95 million households in the United States and Canada. The network's Business Day programming (weekdays from 5:00 a.m.-7:00 p.m. ET) is produced at CNBC's headquarters in Englewood Cliffs, N.J., and also includes reports from CNBC news bureaus worldwide. Additionally, CNBC viewers can manage their individual investment portfolios and gain additional in-depth information from on-air reports by accessing http://www.cnbc.com.
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