ENGLEWOOD CLIFFS, N.J., April 16, 2010—With Wall Street powerhouse Goldman Sachs accused of fraud and the stock market falling, CNBC, First in Business Worldwide, will broadcast a special report, "Fraud on the Street?: The Case Against Goldman Sachs," tonight at 7PM ET.
The one-hour special anchored by CNBC’s Erin Burnett live from the New York Stock Exchange and CNBC’s Simon Hobbs outside Goldman Sachs headquarters in New York City, will cover the charges, the potential fallout on Wall Street and the future of financial reform.
CNBC will have full team coverage with Senior Correspondent Scott Cohnproviding the latest on the case and an overview of fraud on Wall Street; CNBC’s Matt Nestowill report on what this means for the market and specifically, what is the impact on the financial sector; CNBC’s Mary Thompsonwill cover how this affect other players in the CDO area; and CNBC’s Hampton Pearson will report on the impact this case will have on financial regulation.
CNBC’s Erin Burnett is anchor of CNBC’s "Street Signs" (M-F, 2PM ET) and co-anchor of CNBC’s "Squawk on the Street" (M-F, 9-11AM ET).
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.
Members of the media can receive more information about CNBC and its programming on the NBC Universal Media Village Web site at http://nbcumv.com/cnbc/.