Articles About CNBC

Author:
Tom Silva
Posted:
03.06.2012

Gordon Gekko Changes His Mind, Says Greed Is Bad

Actor Michael Douglas is playing a new and rather surprising role as spokesman for the FBI to fight corruption on Wall Street.  The actor – famous for his line “greed is good” in the 1987 film “Wall Street” – is sending a new message in a public service announcement, explaining that insider trading is a […]

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Author:
Tom Silva
Posted:
08.22.2011

Warren Buffet Bullish on U.S. Credit Rating

Standard & Poor’s may have downgraded the United States credit rating from AAA to AA+ and the bears may have taken over Wall Street, but the Berkshire Hathaway chairman and billionaire Warren Buffett believes that the nation deserves a AAAA rating. In a recent appearance on CNBC, Buffett said that he still believes that the […]

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Author:
Tom Silva
Posted:
06.27.2011

Potential Facebook IPO Could Value Company at $100 Billion

Facebook is likely to file for an initial public offering (IPO) as early as October or November that could value the popular social networking site at more than a whopping $100 billion.   Goldman Sachs is the top candidate to manage the lucrative offering, which could come in the 1st quarter of 2012.  Facebook, whose chief […]

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Author:
Tom Silva
Posted:
05.20.2009

There’s Method in Warren Buffett’s Madness

Warren Buffett’s loyal followers are wondering what got into the Oracle of Omaha when he told CNBC  that this is “a great time to be in banking“, praised Wells Fargo’s massive earning power, and said that the government doesn’t need to provide capital to or nationalize banks. Although some critics dismissed Buffett’s statements as biased […]

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