Fresh fears about potential bank failures has Wall Street on edge. Volatility is up as investors contemplate the risk of contagion.
In this episode, Trish Regan breaks down the bedlam in the markets...looking ahead to what's next, including the Fed's critical meeting next week. Was this the right move? What would have happened to the country if the Fed hadn't guaranteed the deposits? Did the government create the problem by printing so much money?
Trish is joined by former investment banker, Carol Roth, for an in-depth discussion on the issues. Carol's real fear, she tells Trish, is that the Central Bank may use this incident to consolidate even more power over banks... leaving consumers with fewer choices and less control over their finances.
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