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Bloomberg News
- Palin Violated Alaskan Ethics Law, `Troopergate' Investigative Report Says
- Phillies Defeat Dodgers 8-5, Take Two-Game Lead in NL Championship Series
- Paulson Says Treasury to Buy Equity in Financial Firms `As Soon as We Can'
- Meridian Bank, Main Street Bank Closed by Regulators; Failures Rise to 15
- Paulson Says Treasury to Buy Equity in Financial Firms `As Soon as We Can'
CNBC - Top Business Stories
Interview of Peter G. Peterson, co-founder and senior chairman of The Blackstone Group
Interview of Peter G. Peterson, co-founder and senior chairman of The Blackstone Group. Mr. Peterson believes the most important issue/problem in the US economy is that people in the U.S. do not have enough savings (in fact, negative saving rate) and have tremendous debt level and must depend on foreign capital. He also does not see Chinese as a threat but rather as an ally.
Other interview:
Blackstone Group co-founder Peter G. Peterson gives his take on the meaning of "enough," and how it led to his decision to become a philanthropist. Mr. Peterson will give $1 billion to his new foundation, the Peter G. Peterson Foundation, to help solve some of the country's biggest economic problems. Here is the meaning of enough - Peter G. Peterson:
- Global financial crisis requires you to be patience and use your common-sense
- Credit Default Swaps Market: A Giant Phantom Market Poised To Collapse
- Breaking News: Congress OKs Historic $700 Billion Bailout Bill; BUT IS IT TOO LATE?
- Charlie Rose Interview with Warren Buffett on Wed, Oct 1, 2008
- Recommended Book: "The Snowball: Warren Buffett and the Business of Life." by Alice Schroeder
- FDIC's Failed Bank List
- What happens on Wall Street stays on both Wall Street and Main Street
- Acquisition of Washington Mutual’s banks by JPMorgan Chase. Wamu's shareholders will get nothing.
- HURRY !!! TIME TO GET IN
- BREAKING NEWS: US GOVERNMENT TOOK OVER AIG IN $85 BILLION BAILOUT PACKAGE