Morning Stock Talk - Lieberman: Uncertain about how things will play out

The Wall Street bailout bill is likely to pass, but investors wonder "how much is it going to damage the financial system and how much is it going to damage the economy?" So says Chuck Lieberman, the chief investment officer at Advisors Capital Management. He tells Steve Potisk "banks are now going to be looked at with a fine-tooth comb." But on the upside, Lieberman expects the bill "to restore some liquidity to the market," and that it will "help provide credit in parts of the market where credit has been unavailable." Lieberman calls the Citigroup takeover of Wachovia " a positive statement about Citigroup's prospects."

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