Glick Report

  • November 20, 2009 03:34 PM EST

    UMB Financial CEO: Get Rid of TARP

    This morning, I was joined by Mariner Kemper, chairman & CEO of UMB Financial. Mariner American Banker's "2008 Community Banker of the Year." His bank, which is located in Kansas City, has almost $12 billion in assets and is considered a C&I bank or a Commercial & Industrial Bank. They have a broad mix of businesses. Last quarter, they beat expectations and raised their dividend 5.7%. This morning, I asked Mariner if he'd take the Bank of America CEO job if it were offered to him. His answer: "No." "Why would I want to be in business with the government?" It's not that he's rumored to be a candidate. I asked because we ... read more

  • November 19, 2009

    Small Business Insight From One of Wall Street's Sharpest Minds

    This morning I did an exclusive interview with Jessica Bibliowicz, chairman, CEO & president of National Financial Partners. We've known each other for years. She is one of the brightest women on Wall Street. Her company offers life insurance, investment advisory products and services to high net worth individuals and small businesses. NFP weathered a major financial storm. Last year, the company's stock traded as low as 81 cents. Today, the stock is up 400%. As Jessica noted in the interview it has been a very tough year. ... read more

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  • November 19, 2009

    Low Prices, Big Ambitions

    This morning in a 'First on FOX Business' interview, I was joined by Raul Vasquez , Walmart.com's CEO. We talked about the all-out war he is waging against Amazon & other online retailers. Vasquez says Wal-Mart will continue to offer its customers the best possible price. Just today in the New York Post he said, "If they react and match our prices, we're going to continue to lower our prices." That's exactly what Vasquez has been doing: lowering prices. Vasquez and Wal-Mart realize that a big source of revenue growth is the ... read more

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  • November 19, 2009

    Dreman: 8-10% Inflation a Possibility

    This morning, I was joined by David Dreman, chairman, CEO & founder of Dreman Value Management. David is one of the most famous contrarian investors. He made a killing betting against housing and financials beginning in 2007. Today, he confirmed his fears about rising inflation and a pending market correction. According to Dreman, we could have 8-10% inflation in 2-3 years. A bubble is building in the bond market and if you have the stomach to buy a home and hold it for five years, now is the time to buy! Take a look. This man ... read more

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  • November 19, 2009

    Heads of AmEx, Revolution Money Weigh In on $300M Deal

    Yesterday I had the chance to chat with both American Express CEO Ken Chenault and Revolution Money Chairman Ted Leonsis fresh off the news that AmEx will acquire Revolution Money for $300 million. For those who've never heard of Revolution Money, it's a company based in St. Petersburg, Fla. that has pioneered unique technology in the online-payments space. Both execs were very excited about the deal. To quote Ken Chenault: "The reality is that the payment space is evolving. The next generation of payments is incredibly ... read more

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about this blog

  • Alexis Glick is an anchor for FOX Business Network. Prior to joining FOX, Glick served as a correspondent for the Today Show and co-anchored the third hour of that program. Before her stint at NBC News, she was the senior trading correspondent for CNBC and reported from the floor of the New York Stock Exchange.

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