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(Studio: Katie Couric) An earnings report from Wells Fargo & Stock Market Report cited.
(Studio: Anthony Mason) The igniting of the market rally by investments in bank stocks following the Wells Fargo report & the status of the beleaguered banks featured; economic statistics cited; details given about a bailout funds proposal allowing the public to buy up bad loans. [Seaport Securities president Ted WEISBERG- assesses the stock trend.] [Egan-Jones Rating Co. Sean EGAN- talks about bank capital; states there are difficulties in loan categories.] [PIMCO's Bill GROSS- says Main Street can profit.] These first encouraging signs about the economy discussed.
- Couric, Katie;
- Mason, Anthony
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