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October 15, 2009 10:37 AM

Dow 10,000: A Sense of Deja Vu


This post by Jill Schlesinger originally appeared on CBS' MoneyWatch.com.



What could be better than talking about Dow 10,000 with CBS Evening News pros Katie Couric and Anthony Mason? Answer: NOTHING!



In prepping for the segment, it was clear that some recent trends reinforce an old truism of investing: people often chase performance. Of course it doesn't make sense, but somehow it feels more comfortable to buy after markets have already gone up.

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Tags:
401(k) ,
Katie Couric ,
Anthony Mason ,
Dow Jones ,
social security ,
reform ,
CBS Evening News
Topics:
Financial Decoder
April 1, 2009 4:09 PM

Geithner On Ousting CEOs, Reviving Economy

(AP Photo/Susan Walsh)
Days after GM's CEO Rick Wagoner was forced out by the Obama administration, Treasury Secretary Timothy Geithner left open the possibility that such moves could happen again.

In an interview with CBS Evening News anchor Katie Couric, Geithner acknowledged the government has had to do "exceptional things" – citing AIG as well as Fannie and Freddie Mac.

"We have changed management aboard," he said. "And where we've done that, we've done it because we thought that was necessary to make sure these institutions emerge stronger in the future."

When asked if he would leave open the option to pressure a bank CEO to resign, Geithner replied: "Of course."

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Tags:
geithner ,
couric ,
economy
Topics:
Economic Stimulus
March 30, 2009 6:10 PM

New GM CEO: "We Need To Do More"

(AP Photo/Carlos Osorio)
CBS Evening News anchor Katie Couric interviewed GM's new CEO Fritz Henderson, who talked about what the embattled automaker needs to do to survive.

"Given the situation we find ourselves in today, we need to do more," Henderson said. "We need to do it faster. We need to reduce more liabilities. We need to take tougher measures to make sure that GM can actually ... sustain itself in this kind of environment."

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Tags:
general motors ,
fritz henderson ,
ceo ,
katie couric
Topics:
Automakers

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