That could include a 2. 5 billion settlement, a substantial amount of money for Credit Suisse, as well as a guilty plea from the Parent Company. This would be a sea change in the way the Justice Department has dealt with big banks. One of the conversations we have don having is what will this to the bank, and how will that affect the bank, hurt future business, impact revenue . This is unchartered territory, right, if they were to agree to criminal charges . It is. If they go for the parent whatny, it is a turn from the Justice Department has done where they could charge the subsidiary, which typically shields the Broader Company from collateral damage. What is next once they saw this . We have a lot of people to go. We will see what happens to a bank if a Parent Company plead guilty and is find, and if the Justice Department will go after other banks and similar cases. Much, keriu so geiger. Fcc chairman tom wheelers proposal to regulate internet traffic has cleared its first pozo, an
Than half of the to do thousand jobs projected in the last months of 2013. The drop of more then 350,000 americans who simply stopped looking. The labor force which is a patient right now with 62. 18 and a number that the economy previously had not seen since themiddle of the carter presidency but the white house predictably still refuses to present bad new this is what jay carney said earlier today. He said our statement in reaction to the monthly jobs report as the secretary of labor. Our view has always been where job creation exceeds expectations and or where it comes in below expectation that we continue to see progress in the economy but we have more work to do. Lori the smallest gain in small years and many years losing 60,000 jobs with construction also losing another 12,000 positions. Now tuesday scandal facing the white house for the firstever identifies the to libyan groups that were designated as terrorist. The state department designated the leaders of those groups as glob
Take a look at this. Teenagers trapped on the ice. Clinging to life on the tree. The rescue you need to stick around to watch. Among guests this morning. Former ohio congressman steve la tourette, newly sworn in congresswoman Tulsi Gabbard. Mike dewine, tim ferriss and steve rinella. I have one word for you. Squirrel. Its true. We have squirrel. Friday, january 4th. Starting point begins right now. Our starting point this morning. In just hours, the brand spanking new 113th congress will vote on a nearly 10 billion aid package for Superstorm Sandy victims. This after the outrage over Speaker Boehner canceling the initial vote early this week. Athena jones live in our washington bureau. Expected to be an easy one today, dana . It looks like it will be passed. About 9. 7 billion in Borrowing Authority for the National Flood insurance program. That program will run out of money as soon as next week. Thats right around the corner, and the house is expected to come in this morning. Past tha
President s green energy push. Im david asman, welcome to forbes on fox. Full house today. Mike, is the president right . No, hes absotely wrong. He showed how clueless he was about our Energy Policy. Blaming the stronger economy on higher gasoline prices misses the point of the reagan recovery where t economy boomed and gasoline prices fell and the clinton recovery where gas prices fell. The president blocked the pipeline from canada which is cost us a tremendous amount of jobs. He confiscates taxpayer dollars. Rick unger a lot of conservative critics of romney are concerned we didnt hear about solyndra. Its teresting because mike made compelling arguments. The problem is absolutely none of them have anything to do with the price of gasoline. Ok, you can argue if you like that the president s Energy Policies could have an impact down the road. I would tell you youre wrong but thats an argument we can ve. The reality ishat we see pruction up. Theres no disputing it. You can give presid
Nservative critics of romney are concerned we didnt hear aboutolyndra. Its interesting because mike de compeing arguments. The problem is absolutely none of them have anything to do with the price of gasoline. Look, you can argue if you like that the president s Energy Policies could have an impact down the road. I would tell you youre wrong but thats an argument we can have. E reality is that we see production up. Theres no disputing it. You can give president bush credit if you like. None of that impacts on the current price of gasoline. Talk to me in four years. If you dont lke the prices, that would be theime to say if you hadnt focused on green energy, maybe. The fact is president obama is taking credited for the fact were puing more oil even thougheople say he doesnt deserve t on federal lands Oil Production is down. Its do on federal lands. Production is up in the private sector and the argument has been made the market sets prices. Yes, the markets set prices but they tend to f