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Detailed text transcripts for TV channel - CNN - 20100806:16:34:00

About hiring right now. but according to head hunters, wall street is in the middle of a hiring boom, if you can believe that. cnn s maggi lake takes a look at what s behind this, and what it could mean for the broader economy. richard steen has been placing executives in high-powered finance jobs for more than 25 years. he has seen boom years and busts for his industry. he says 2010 is definitely one of the good years. well, we re seeing a lot of rapid growth since the second quarter. this is traditionally a quiet time for wall street. but we have never been busier. we have been contacted by the ceos and a number of wall street firms that are hiring in a number of areas. after shedding more than 25,000 jobs during the worst of the recession, wall street firms added 2000 workers to the pay rolls between february and june. steen says global giants like goldman sachs, credit suisse and deutsche bank are all beefing up staff in new york. as are smaller, boutique firms, like investme ....

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Detailed text transcripts for TV channel - CNN - 20100806:16:48:00

Is that lepe is not necessarily going to get deal of the century. in this case, a short sale, of course, is a case where the bank is allowing the seller to sell the home for less than the seller actually owes the bank. so you re not dealing with a desperate seller in this situation. you re dealing with a very shrewd financial institution that is potentially losing a lot of money. so they re not going to be willing to negotiate with you on price. you re buying the house as-is. so any problem that exists there is your problem. right. that s really the main thing. all right. so look ought for those things. you can get a great deal. i have had friends get great deals on short sales, but keep your alerts up. thank you so much. the help desk is about getting you answers. sending us an e-mail to cnn.com or log on to cnn.com/helpdesk to see more financial solutions. you can also pick up the latest issue of money on newstands now. ....

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Detailed text transcripts for TV channel - CNN - 20100806:15:46:00

you can learn more about healthy living by going to cnn.com/fitnation and be sure to union in weekend mornings at 7:30 eastern for sanjay gupta, m.d. ....

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Detailed text transcripts for TV channel - CNN - 20100806:16:36:00

The future in those momentum here? i think it s a bit of both. i think it depends on the institutions. a lot of the u.s. domestic institutions, and banks are in catch-up mode. if they re out and hiring, do you think that bodes well for the broader economy, or is this just do you think a distinct pocket and we can t make that correlation anymore? i do think that wall street is a precursor of things to come. the leaders of wall street, ceo of wall street are bullish on this country. their investments in their businesses i think bode well for main street. every job placement here steen believes is a sign of hope for the economy as a whole. maggi lake, cnn, new york. so when will corporate america start hiring again? last hour, i talked with georgia tech economist thomas, danny boston about the anemic job market and when things will turn around. although the unemployment rate remained the same, there are more factors that are ....

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Detailed text transcripts for TV channel - CNN - 20100806:15:28:00

U.s. we ll take it. thanks, jacqui. will a weight loss challenge shape up vicksburg? linda fonderin is helping her hometown battle the bulge. residents have lost 15,000 pounds thanks to this week s cnn s hero. mississippi has held the title of being the most obese state for six consecutive years. my sister passed away at the age of 54. cancer took her life, but obesity restricted her from living it. you have made a commitment for a healthy community. let s walk! i knew that i wanted to do something to help people like her who wished they could live a better life. my name is linda fondre nerc and i challenged my community to the 17,000 pound weight loss challenge. i asked 50,000 people in ....

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