The night before, the iconic Wall Street brokerage house Merrill Lynch was rescued from the brink by Bank of America.
And now there are rumors that the financial meltdown could spread to two other platinum firms, Goldman Sachs and Morgan Stanley.
Credits CNBCers Kyle Remaly, Keith Greenwood, Bryan Russo, Laura Koski, Kat Ricker, George Manessis, Heather Butler, Chris Schwartz, Candy "Props" Cheng, Kate Welsh, Jackie Fabozzi, Tim Dewald, Kareem Bynes, Justin Johansky, Henry Fraga, Brian Steel, Jen Dauble, Tom Clendenin, Steve Smith, Aisha Royall, Erin Burnett and Regina Gilgan in Getting Back to Even. Had stints at Dallas Morning News, Newsday, Tampa Tribune, The Bond Buyer, Bond World.
(Jim Cramer Twitter.) Toughest reporter on the Street, legendary ex-CNBCer, now The Franchise at Fox Business; impact waning on low-rated channel. Wrote for Wall Street Journal from 1995-2004 before joining Newsweek, then CNBC as "on-air editor." Former amateur boxer. Favorite restaurant said to be Elaine's of Manhattan.
At 41, Bartiromo is a star, the Barbara Walters of business news, and the prize in an expected bidding war when her CNBC contract comes up for renewal.
She has worked hard, for years, to get here, so the meteoric rise of another gorgeous CNBC anchor, 32-year-old Erin Burnett—“Street Sweetie” to Bartiromo’s “Money Honey”—has everyone talking catfight. It is late in the afternoon on Monday, September 15, and it’s been a chaotic day for Maria Bartiromo.
She was previously the co-anchor of CNBC's Squawk on the Street program and the host of CNBC's Street Signs program.
The Dow has dropped nearly 500 points, dragged down by the collapse of Lehman Brothers, the venerable investment bank that has just filed for bankruptcy, and by the news of the growing liquidity crisis facing the insurance giant American International Group.
She then went to Williams College in Williamstown, Massachusetts, where she studied political science and economics, graduating with a Bachelor of Arts degree in political economy.
As an undergraduate, she played lacrosse and field hockey.
A statement read: 'It is with deep regret and a heavy heart that I let you know that Mark Haines passed away last night in his home.'I know all of you join me in sending our heartfelt condolences to Mark’s wife, Cindy, his son, Matt, and his daughter, Meredith.
'Mark has been one of the building blocks of CNBC since the very beginning, joining us in 1989.