mistress is adamant that she s the one telling the truth about what she called a 13-year on and off again affair. in what could be another devastating blow to cain s campaign, ginger white told abc s good morning, america she, quote, can t make this stuff up. during her first interview with waga, white showned phone records that detailed nearly six dozen calls and text messages between her and cain. some as recently as october and even this month. cain denies the affair. as herman cain is reassessing his run for the white house, he is kicking off a bus tour in the key swing state of ohio today. but listen to what white says about cain as president. i was a very casual affair. am i proud to admit to that? no, i m not. do you believe that mr. cain is fit to be president, or should he end his campaign? in my opinion, no, i do not. i honestly do not think that he is, in my opinion, would make a good president as far as i m concerned. this is how cain responded during a
former restaurant association colleague who witnessed he says one of the incidents and spoke about it today to gloria borger and cnn affiliate ktok. at the time she was a very low-level staffer. i think she was maybe two years out of college. and this all occurred at a restaurant in crystal city. and everybody was very aware of it. and so it is it was only a matter of time because so many people were aware of what took place. so many people were aware of her situation, the fact that she left after this. that it was it was a everybody knew with the campaign that it would eventually come up. chris wilson, we should point out, is a rick perry supporter. gloriaworther asked him about that. she joins us shortly. we ll talk to her for details. again. that s not all, though. on top of all that, though, according to forbes.com, cain is now blaming another campaign operative, a 2004 campaign adviser who s now working for rick perry, for sparking this whole mess. but keeping
republican debate. a very busy morning. i m ashley webster. this is a fox business network special report. thank you for joining us. let s take a look at what happened on wall street yesterday and my, oh, my, we saw a huge selloff across the board. the dow finally finishing down 391 points. at one point down more than 500 points, nasdaq off 3 1/4% and the s&p down more than 3%. what can we expect today? well, at this hour, pointing upward, the dow up 49 points. the s&p up about 1/2% and the nasdaq, too, trading up by 1/2%. meanwhile, in europe, we are also seeing some green arrows although starting to lose a little bit of steam. we had a small bounce at the beginning of the session and then we dropped and now we ve been somewhere in between stablizing if you like the ftse up barely by a 10th of a percent. in asia, really picking up on
to $81 a barrel. gold, meantime, down again slightly at $1737 per troy ounce. let s take a look now at how it closed yesterday with nicole on the floor. selling continues on wall street. dow, nasdaq and s&p dropping in a big way. dow jones industrial average was down 527 points at its lowest and at the end of the day, down 391 points. doesn t make you feel any better. on the contrary, you see selling after selling. four months of selling. dow jones industrial average for the month of september down 7% so the pressure has been on this market across the board, it s not one group. we saw a lot of the financials come under pressure and hit 52 week lows, names like goldman-sachs, morgan stanley and ubs all at 52-week lows. i got to tell you, the selling is broad based, everything from energy to retailers to drugs and such.
in the final few minutes to close down just 391 points but the selloff was fierce and it was very sharp indeed. many people are nervous about a host of issues right now particularly those dealing with this fear that we might dip back into a second recession. a double dip global recession and that s what nobody wants to see. the difference between right now and 2008, ashley, is that europe is driving the bus as we re speaking because their debt crisis and the spread of that contagion sparked yesterday when we heard the financial times report that 16 european banks and countries as far as cyprus and slovenia might need more money got people even more nervous. what happened? investors flocked to the good old united states of america, the u.s. dollar soared yesterday. people cashed out of their gold positions. imagine that, on a jittery day, selling gold because you want cold, hard cash. and that s exactly what we saw. also, people put their money in