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Gross Says Treasury Should Bail Out Fannie, Freddie September 5 (Bloomberg) -- Bill Gross, manager of the world's biggest bond
fund at Pacific Investment Management Co., talks with Bloomberg's Kathleen
Hays from Newport Beach, California, about prospects for a government bailout
of Fannie Mae and Freddie Mac this weekend, the need for capital injections
from the Treasury and his willingness to buy additional agency bonds. (Source:
Bloomberg)
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Davis on McCain, Convention September 5 (Bloomberg) -- Rick Davis, campaign manager for John McCain,
talks with Bloomberg's Al Hunt about the Republican National Convention and
the outlook for the 2008 election. Bloomberg's Hans Nichols discusses McCain's
campaign and the selection of Alaska Governor Sarah Palin as his running mate.
Margaret Carlson and Kate O'Beirne discuss McCain's speech at the Republican
convention. (Source: Bloomberg)
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Invesco's Garnick Likes ETFs, Distressed-Firm Investors September 5 (Bloomberg) -- Diane Garnick, an investment strategist at Invesco
Ltd., talks with Bloomberg's Matt Miller in New York about the impact of U.S.
consumer debt and banks on equities, the outlook for a potential interest-rate
reduction by the Federal Reserve and Garnick's investment recommendations.
Bloomberg's Cris Valerio and Tom Keene also speak. (Source: Bloomberg)
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Gabelli Says Concern About 2009 Earnings `Well Founded' September 5 (Bloomberg) -- Mario Gabelli, who helps oversee $28.3 billion as
chief executive officer of Gamco Investors Inc., talks with Bloomberg's Carol
Massar, Erik Schatzker and Julie Hyman about concerns over the 2009 earnings
outlook, his reaction to the U.S. housing crisis, and his strategy for
investment in alternative energy sources. The 66-year-old investor said
Congress may need to boost the economy with additional tax rebates after
sending checks for $117 billion earlier this year. (Source: Bloomberg)
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Raymond Stone Expects U.S. Unemployment Rate to Rise September 5 (Bloomberg) -- Raymond Stone, managing director at Stone &
McCarthy Research, talks with Bloomberg's Tom Keene from Westfield, New
Jersey, about today's August U.S. jobs report, Federal Reserve monetary policy
and a Wall Street Journal report saying that the Treasury is close to
completing a plan to support Fannie Mae and Freddie Mac. (Source: Bloomberg)
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Lemonides Says Fannie, Freddie May Not Need Bailout September 5 (Bloomberg) -- Charles Lemonides, the chief investment officer at
Valueworks LLC, talks with Bloomberg's Pimm Fox in New York about the outlook
for financial stocks, Fannie Mae and Freddie Mac. Fannie and Freddie dropped
in after hours trading on concern any rescue plan devised by U.S. Treasury
Secretary Henry Paulson will wipe out shareholders. (Source: Bloomberg)
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Economic Focus on U.S., Chinese and European Trade Data September 5 (Bloomberg) -- Trade data from the U.S., China and Europe are
among the economic highlights for the week of September 8. James Nixon, an
economist at Societe Generale SA in London, talks with Bloomberg's Benjamin
Purvis about the outlook for global trade and its impact on economic growth.
(Source: Bloomberg)
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Jankovic Is Confident She Can Win U.S. Open Tennis Title September 5 (Bloomberg) -- No. 2 seed Jelena Jankovic speaks at a news
conference in New York following her straight-sets win over No. 5 seed Elena
Dementieva in the semifinals of the U.S. Open. Jankovic, who has never
advanced to the finals of a Grand Slam tournament, defeated the Olympic gold
medalist 6-4, 6-4. She advances to face Serena Williams. (This report is an
excerpt. Source: Bloomberg)
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