May 2008

This morning our Washington, D.C., Correspondent Adam Shapiro interviewed Treasury Secretary Henry Paulson at an IRS Office in Kansas City where 400 rebate checks a minute are being printed. Aside from the fact that I think he did a phenomenal job, he also broke some news. Take a look. read more

A couple of updates to past blogs: 1. Paul Pompa Jr. and Michael Iavarone, co-president & CEO of I.E.A.H. -- the co-owners of Kentucky Derby winner Big Brown -- joined me again on Money for Breakfast a couple of days ago after winning the Derby. They received many offers for the horse the following two days. Those offers range from $60 million to $80 million dollars!!!!! Is that unbelievable? ... read more

Sometimes, I think I'm schizophrenic! On the one hand, I've been pretty bullish about this market... and on the other hand, I look at the UBS news, rumors that Bank of America is trying to back away from the $7 a share bid for Countrywide (feeling that they overpaid -- you got that right -- and would now like to pay $2 a share), and Fannie Mae's (FNM) third quarterly loss... And I can't help but ... read more

Indiana and North Carolina are now behind us -- and, while Senator Clinton won by a small margin in Indiana, she did lose North Carolina by a larger margin than anticipated. This has to be bad news for a campaign that needs money to keep the message alive through the next three primaries: West Virginia (5/13), Kentucky (5/20) and Oregon (5/20). According to political pundits, Senator Clinton ... read more

How many people does it take to screw in a light bulb? You’ve heard that one before. How many people does it take to formulate a presidential candidate’s economic policy? In this year’s presidential election campaign A LOT! The economy is the No.1 issue that voters are concerned about and ... read more

Get this! Imagine you could buy or lease a car for three years and have a guarantee that for up to 12,000 miles a year or 36,000 miles over three years that you would pay $2.99 at the pump regardless of where gasoline prices are trading in your neighborhood? Sound too good to be true? Perhaps! This morning Chrysler’s Vice Chairman Jim Press joined me to discuss this new announcement by ... read more

Are you like me? Obsessed about all things superhero related? Have you watched Star Wars four thousand times and still love it every time you see it? Well Spike TV banked on that and reportedly spent close to $65 million in 2005 to get the rights to all six films in the Star Wars franchise. That bet is paying off big time! “Star Wars-Episode III: Revenge of the Sith” was the highest rated ... read more

Yesterday my wheels started spinning. I don't know if you had an opportunity to see Liz Claman interview Warren Buffett, chairman and CEO of Berkshire Hathaway, Bill Gates, chairman of Microsoft, Howard Buffet, Warren Buffet's son and the heir to chairman of the board, and Susan Decker, president of Yahoo. But if you didn't, you should! They talked about everything from railroads to technology to ... read more

This morning in our weekly installment of America's Greatest Business Rivals we took a look at the rivalry between Microsoft and Apple. How ironic given the news over the weekend that Microsoft withdrew it's $44 billion bid ($31 a share) for Yahoo!  Microsoft and Apple have been fierce competitors for years and at times great partners. It's a fascinating rival and one that has had its fair share ... read more

Think you’ve seen it all? Not until you’ve seen this movie: Iron Man!!!! This weekend we rushed out to see this movie and it met and easily exceeded our expectations. I would go see it today if I could. It was that good! Robert Downey Jr. blew me away. I have always liked him as an actor but seeing him in this role was a shocker. He looks as good as he’s ever looked and if there were one ... read more