Program Note: To watch the full interview tune in Friday, May 1, at 11 p.m. ET for the Time 100/Anderson Cooper 360° Special
Susan Chun
AC360° Producer
When I heard I was producing this segment with Suzy Welch, business journalist, interviewing Suze Orman, personal finance expert, I knew two things right off the bat. First I knew I would be meeting two smart, powerful women with strong personalities. And because of this, I knew second that I would be witnessing a fascinating conversation. I wasn’t wrong. We did the interview at the New York Stock Exchange, overlooking the trading floor.
We managed to squeeze four cameras, a multitude of lights, two director’s chairs, and a small army of CNN staffers on to the 2nd floor balcony right above the floor. The setting was appropriate for both women since both had come out with books in the past year giving advice to people during these tough economic times. Suze Orman had also rung the opening bell at the NYSE a few weeks ago. That day, her manager and partner was quick to point out, was one of the rare days the market closed up.
Anderson talks to Suze Orman about her thoughts on the current state of the economy and what we can do about it.
Program Note: Suze Orman’s on AC360° to discuss how to keep your money safe.
Suze will be back on AC360° on Wednesday night to answer your economic questions? Do you have questions about the continued economic trouble and how President Obama’s economic plan will change the market; affect your stocks, mutual funds, 401(k)… your job?
Suze’s book, ” Suze Orman’s 2009 Action Plan,” is currently number one on the New York Times bestseller list and she answers these questions, and many more!
Submit your financial questions here for Suze Orman and watch AC360° to get them answered.
Program Note: Suze Orman’s on AC360° to discuss how to keep your money safe.
Have questions about how the continued economic trouble and Obama’s economic plan will change the market; affect your stocks, mutual funds, 401(k)… your job?
Suze’s book, ” Suze Orman’s 2009 Action Plan,” is currently number one on the New York Times bestseller list and she answers these questions, and many more!
Submit your financial questions here for Suze Orman and watch AC360° to get them answered.
Program Note: Suze Orman will be on AC360° tonight at 10pm ET to discuss how to keep your money safe.
Have questions about how the continued economic trouble and Obama’s economic plan will change the market; affect your stocks, mutual funds, 401(k)… your job?
Submit your financial questions here for Suze Orman and watch AC360° tonight 10p ET to get them answered.
Program Note: Suze Orman will be on AC360° tonight at 10pm ET to discuss how to keep your money safe.
Have questions about how the continued economic trouble will change the market; affect your stocks, mutual funds, 401(k)… your job?
Submit your financial questions here for Suze Orman and watch AC360° tonight 10p ET to get them answered.
Editor’s note: Tonight on AC360° Suze Orman returned to discuss the tumbling financial markets and answered your questions. Here is what she had to say:
Anderson Cooper: A lot of questions, a lot submitted on the AC360° blog. There is down right fear, panic. Is that counterproductive?
Suze Orman: It is not counterproductive, it’s real. It’s how people feel and the markets are made up of how people feel. They buy or they sell based on their emotions, Anderson. It’s how it has always been. When Ali does this thing with the drugs, I was talking to you before we went on air, this is what is happening. People feel they need medication because they are panicking.
Editor’s note: Tonight on AC360° Suze Orman returned to discuss the tumbling financial markets and answered your questions. You can watch the segment here. Here is what she had to say:
Anderson Cooper: A lot of questions, a lot submitted on the AC360° blog. There is down right fear, panic. Is that counterproductive?
Suze Orman: It is not counterproductive, it’s real. It’s how people feel and the markets are made up of how people feel. They buy or they sell based on their emotions, Anderson. It’s how it has always been. When Ali does this thing with the drugs, I was talking to you before we went on air, this is what is happening. People feel they need medication because they are panicking.
It’s as if the economy right now is in the I.C.U. unit of a hospital. We are in intensive care and they are throwing everything type of medication at us to cure what is going on. They are panicking because why? Nothing is working. They tried this, it didn’t work. They tried that medication, it didn’t work. They are running out of prescriptions to give it. We are going to be in the I.C.U. unit for a while. Eventually, I don’t know when that will be, six months, a year, year and a half, we will get out, we’ll be in the hospital then. We’ll stay in the hospital for about a year or two. After another year or two we will end up in rehab and then we’ll be okay. This is a long stretch. People have to stop panicking. This is here to stay, if you ask me, for a long time.
Program Note: Suze Orman will be on AC360° tonight at 10pm ET to discuss how to keep your money safe.
Have questions about how the continued economic trouble and today’s surprise Fed rate cut will change the market; affect your stocks, mutual funds, 401(k)… your job?
Submit your financial questions here for Suze Orman and watch AC360° tonight 10p ET to get them answered.
Editor’s note: Suze Orman answered your questions on AC360° tonight. Here are the questions and her advice.
Anderson Cooper: The Dow’s climb on Wall Street finishing up 485 after yesterday’s record loss of 778. The Senate is supposed to vote on a bailout plan tomorrow night. Suze Orman is here to answer your questions on the wild ride. The bill the Senate will vote on tomorrow night will raise from $100,000 to $250,000 the amount the FDIC will protect in a bank. What does that mean? Is that a good thing?
Suze Orman: It’s a good thing in that people don’t have to go to more and different banks if they have more than $100,000. Does that help the little people? Who has $50,000? Maybe they have $50,000 in credit card debt. Very little people we’re talking about that will affect. For large banks and large businesses, it makes it easier for them to meet their payroll by dealing with one bank.
Anderson: We have a ton of questions on the website. John writes,
I’m 28 years old with no credit card or student loan debt, my condo is paid off, I have a great job. Should I be taking advantage of the great deals you discussed on your website yesterday?
Suze: Yes, my dear John, of course he should be taking advantage of it. He doesn’t have to use his money to get out of debt. How does he take advantage? How do you take advantage of what’s going on here?
A behind the scenes look at “Anderson Cooper 360°” and the stories it covers, written by Anderson Cooper, the AC360° staff and a network of contributors. Insight you can’t find anywhere else.
We search the news each day to show you what’s on our radar and what we’re planning for the show each night.
For more details, read our tips on how to win 360° approval for comments.
Send your instant feedback to Anderson Cooper 360°.
- Dear President Obama #174: Le Tour de Presidance
- Anderson in Ghana: Obama and spider bites
- Dear President Obama #173: Rack ‘em up
- Photo Gallery: The Cape Coast Castle in Ghana
- Anderson tweets from Ghana
- A bittersweet journey in Eastern Tennessee
- Her only crime was the veil
- Photo Gallery: Choking on ash?
- Video: Pakistan offers Taliban talks
- Sotomayor-Judicial Record




