Follow us @ twitter.com twitter.com The rating agency moody’s has warned it is considering downgrading the investment banking world’s biggest players — this includes Bank of America, Goldman Sachs, JP Morgan, Morgan Stanley…the list goes on and on. I like the way the Wall Street Journal put it: “Moody’s is worried about everything in investment banking.” And speaking of worries — Art Cashin of UBS in his note this morning says traders are worried about a Greek default, but not for the reasons that you may think. What they are really worried about isn’t the bond holders, but the guy’s holding the insurance: the credit default swap (CDS) market. Wait, we thought everyone was perfectly hedged? So what kind of risk is really lurking in the US banking system then, and what could it do to an economy on zero percent interest rate life support? Well, our guest Henry Blodget may have an answer to that. He is CEO and founder of Business Insider, and is with us to talk about this, as well as the subject of a recent article of his titled “Dear Walmart, McDonald’s, Starbucks: how do you feel about paying your employees so little that most of them are poor?” Henry makes a fair point in this article, but if it’s true that CEO’s and executives are paying their employees so little, then why are we so worried about taxes and not focused on the deterioration of wages in America? Henry Blodget points out that Henry Ford made a point of paying his workers better than other firms with the …

50 Cent called into Shade 45 today during G-Unit Saturday and the he was hitting all moving targets. DJ Whoo Kid must have known what was coming because he dipped out the back of the building right before 50 called in. But Nelson and Young Jack Thriller got jabbed lightly, as 50 told Nelson he needs to lay off the mayonnaise sandwiches, and talked about Jack doing cocaine out of his glass eye. The only person the G-Unit General didn’t mess with was Mimi. Fif keeps it cool with the ladies despite what you might have heard about a twitter incident with Ciara yesterday. 50 has so many projects he’s working on, it almost seems like he never sleeps. His new Sleek By 50 headphones, his acting career, the new eye wear by Gunnar to name a few. But he did acknowledge he has a strong team around him that helps to keep things running smoothly. The Nicki Minaj vs Lil Kim beef has some people picking sides. Fif weighed in on the situation. “There’s only two girls … it’s just about creating a sound from Kim’s perspective,” 50 said. “When I look at them actually competing I think it’s harmless. They add interesting stories because Kim is the original and Nicki is right now.” He also confirmed his new album is almost done, although he wouldn’t reveal the name of it just yet. Much has been made of 50′s dramatic weight loss for his role in the movie ‘Things Fall Apart’, which has helped generate a lot of interest in the project. The Cheetah Vision Films boss revealed the public will get …

I’m talking about the time during the 10 day period. If my original CD had interest compounded daily, do banks usually give you the interest you earn during those days if you cash out on day 9 of the grace period?

Mayor Gavin Newsom announced a new partnership with HelloWallet to provide independent financial guidance to the citys residents. Through this major initiative, San Francisco will become the first city in the nation to deploy this revolutionary online financial guidance and management tool. All San Francisco households will receive a direct invitation to use the service.