1Taking Eminent Domain Too Far?
A ticking time bomb in the housing market? The city of Richmond, California is planning to seize underwater mortgages using eminent domain. Former Fannie Mae executive Ed Pinto says it’s a misuse of eminent domain and unworkable. And former CBO director Douglas Holtz-Eakin says this could undermine the whole mortgage system.
2Market Confidence Declining?
Liquidnet CEO Seth Merrin on the recent SEC meeting with the exchanges in an effort to stop market glitches, like the recent ‘flash freeze.’ FBN’s Gerri Willis says investors need to have confidence in the market, and without a backup plan, it’s impossible to put your faith in the system.
3Bang for Your College Bucks
If you’re a college student (or the parent of a student) you may be wondering how much graduates earn after school ends. Payscale Lead Economist Katie Bardaro shares the schools that produce the highest-earning grads, and engineering and business schools are on the top of the list.
4Tech CEOs Hypocritical?
Yahoo CEO Marissa Mayer and Facebook CEO Mark Zuckerberg have spoken out against government spying. But privacy advocate Gina Loudon says the tech companies they run are just as guilty as the NSA when it comes to invading the privacy of everyday Americans.