Hey, did you hear they're coming out with a new iPhone? Yep. It was announced today. No, it's not the iPhone 5 (as many expected), but the iPhone 4S. What explains all the excitement? Well, the new phone certainly has some new features–chief among them a snazzy new camera–but a visit to the Apple Store found plenty of folks who knew nothing more about the phone than this: they just HAVE to have one.
In an exclusive interview, Treasury Secretary Timothy Geithner tells CNN American banks are "pushing back" against reforms–and customers are paying the price, in the form of higher fees.
"The banks are blaming the reforms and the government for everything, including lots of problems that they themselves were central to causing," Geithner told CNN's Erin Burnett. "Most people are terribly angry and frustrated with that and they want to see things change."
Geithner–appearing on Erin Burnett OutFront–says the banks may be resisting reform, but the Obama Administration is "going to push back harder, and in the end we're going to prevail because what we're doing is a reasonable, sensible thing to make sure the American economy is never again vulnerable to this degree of basic abuse, mistakes, excessive risk."
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From CEOs of the Fortune 500/Dow 30 to Silicon Valley’s thought leaders to self-made success stories, these patriotic Americans weigh in on economic policy, financial analysis and hot-button political issues through unique surveys, and real world observation from the frontlines of our economy. With the economy being the number one issue in this year’s election, the EBOF Strike Team has the pulse of American Business.
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Donald Trump talks to Erin Burnett about Amanda Knox's release from an Italian prison and what her future might hold.