Tuesday, April 20, 2010

The CNBC contrarian indicator

CNBC's Carl Quintanilla interviews the smug Allen Stanford on what it's like to be a billionaire--months before "Sir" Allen was imprisoned for running an $8 billion Ponzi scheme.



http://www.youtube.com/watch?v=XtRkZ3i1ERQ

A few years ago, CNBC did a documentary on venture capital investing in the booming and promising country of Iceland. In 2008, Iceland went bankrupt in a horrific collapse almost overnight.

Now Quintanilla is gearing up to do a special report on carbon credit trading. Guess what's going to happen next in that industry?

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