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CNBC 60 Minutes On CNBC December 1, 2014

Financial storm and one that comes around perhaps one every 50 or 100 years. This is the real thing. And much of what went wrong on wall street could be traced back to something called credit default swaps. They were traded in a risky shadow market, and they were at the heart of the financial meltdown. [ticking] it has tentacles as wide as anything ive seen. I think, next to housing, this is the single most important issue in the United States and certainly the largest threat to the u. S. Economy. Meredith whitney was talking back in 2010 about a then looming financial crisis involving state and local governments across the country. It was a debt crisis which some people believe could derail the recovery and require another big bailout package that no one in washington wants to talk about. The day of reckoning has arrived. Thats it. And its gonna arrive everywhere. Time may vary a little bit depending upon which state youre in, but ....

United States , New York , San Diego , District Of Columbia , New Jersey , Saudi Arabia , Chris Christie , Mayur Shah , Stearns Lehman , Chris Jackie Joe , George W Bush , Dan Hynes , Los Angeles , Robert Pickel , Michael Greenberger , Scott Pelley , Steve Kroft , Meredith Whitney , Sheila Bair , Wall Street , Convention Centers , Convention Center , Center Events , Neighborhood Assistance Corporation , Assistance Corporation , Hall Bank ,

CNBC 60 Minutes On CNBC November 22, 2012

50 or 100 years. This is the real thing. And much of what went wrong on wall street could be traced back to something called credit default swaps. They were traded in a risky shadow market, and they were at the heart of the financial meltdown. [ticking] it has tentacles as wide as anything ive seen. I think, next to housing, this is the single most important issue in the United States and certainly the largest threat to the u. S. Economy. Meredith whitney was talking back in 2010 about a then looming financial crisis involving state and local governments across the country. It was a debt crisis which some people believe could derail the recovery and require another big bailout package that no one in washington wants to talk about. The day of reckoning has arrived. Thats it. And its gonna arrive everywhere. Time may vary a little bit depending upon which state youre in, but its coming. [ticking] welcome to 60 minutes on cnbc. Im ste ....

United States , New York , New Jersey , San Diego , District Of Columbia , Chris Christie , Mayur Shah , Stearns Lehman , Erin Swenson , George W Bush , Garth Olaf , Dan Hynes , Los Angeles , Robert Pickel , Michael Greenberger , Scott Pelley , Steve Kroft , Meredith Whitney , Sheila Bair , Dell Xps , Wall Street , Convention Centers , Convention Center , Center Events , Neighborhood Assistance Corporation , Assistance Corporation ,

CNBC 60 Minutes On CNBC July 7, 2014

Financial storm and one that comes around perhaps one every 50 or 100 years. This is the real thing. And much of what went wrong on wall street could be traced back to something called credit default swaps. They were traded in a risky shadow market, and they were at the heart of the financial meltdown. [ticking] it has tentacles as wide as anything ive seen. I think, next to housing, this is the single most important issue in the United States and certainly the largest threat to the u. S. Economy. Meredith whitney was talking back in 2010 about a then looming financial crisis involving state and local governments across the country. It was a debt crisis which some people believe could derail the recovery and require another big bailout package that no one in washington wants to talk about. The day of reckoning has arrived. Thats it. And its gonna arrive everywhere. Time may vary a little bit depending upon which state youre in, but ....

United States , New York , San Diego , District Of Columbia , New Jersey , Andy Warhol , Chris Christie , Mayur Shah , Stearns Lehman , George W Bush , Dan Hynes , Lesley Stahl , Los Angeles , Robert Pickel , Michael Greenberger , Scott Pelley , Steve Kroft , Meredith Whitney , Sheila Bair , Wall Street , Convention Centers , Convention Center , Center Events , Neighborhood Assistance Corporation , Assistance Corporation , Hall Bank ,