Showing posts from September, 2013

Lloyd Blankfein: The Fed Should Taper

In an wide-ranging exclusive interview, CNBC's Andrew Ross Sorkin talks with Lloyd Blankfein, Goldman Sachs chairman & CEO, about cuts in the Fed's bond-buying program; the move higher in interest rates; the trade in gold; the best candidate to head the Fed; joining the Dow, and how regulations are impacting the banking industry.

Interview is from Chicago on CNBC's Squawk Box, September 18, 2013.

The Fed Could Have Saved Lehman Brothers With a Temporary Guarantee of Lehman's Good Assets

Weill: Fed 'keeping rates too low, too long'

Sandy Will was guest host on Squawk Box on CNBC on September 10, 2013.

Unedited Transcript form CNBC:

more from our guest host sandy weill, of the weill cornell medical college. hopefully you saw that interview we had a little while ago. i'm glad i'm here this time. you do have a much more nuanced view. i'm going to try to summarize a little bit. it provides a capital that allows us to deliver the prosperity for this country. i don't think if you could figure out a way to do it quickly and easily with good regulations, you're open to a lot of different things, basically more capital and, you know, better lending standards. absolutely correct. but the -- to tarnish bankers and put them all in the same penalty box, which we talked about earlier doesn't help anyone. or they can't trade and they're not going to be able to trade. what will happen to our capital markets? right. how do you determine what is for customer and for your own account? i also picked…

Berkowitz: Feds Should Honor Junior Preferred Equity Contracts for Fannie Mae and Freddie Mac

David Faber of CNBC interviews Bruce Berkowitz of Fairholme Capital Capital Management on September 4, 2013.

This week marks the 5-year anniversary of the U.S Government placing Fannie Mae and Freddie Mac into conservatorship. Bruce Berkowitz, Fairholme Capital Management, reveals why he believes the government should release Fannie Mae and Freddie Mac from conservatorship and restore the rights of junior preferred shareholders.