Thursday, May 14, 2009

What's On The Tom Sullivan Show 5-14-09

Pushing Short Sales?
Tiny Tim Geithner and the Obama administration are expanding their housing rescue plans - now they're encouraging short sales!  But are there dangerous unintended consequences to this plan?  Also, Tom explains why the housing market is still very sick.  Plus, is Nancy Pelosi in big trouble?
Dealer Dilemma
Chrysler has notified nearly 800 of their dealers that they will have to shut their doors.  What will be the ripple effect of dealer closures?  Should the entire industry consolidate?  Plus, California Gov. Arnold Schwarzenegger is considering selling some state-owned properties to raise cash.  Are we heading toward a California bailout?
Financial … Thursday
Equity analyst Kim Caughey with Fort Pitt Capital Group joins Tom to talk about the state of our economic recovery.  Then, energy analyst Phil Flynn joins Tom to discuss Geithner’s desire to regulate derivatives.  Will this send traders overseas?