What do you believe the deregulation of wall street pushed by people like Alan Greenspan contributed significantly to the disaster we saw on wall street several years ago . I dont personally know the extent to which deregulation drove it, but i dont believe deregulation was the proximate cause. We will speak with former financial regulator william black, author of the best way to rob a bank is to own one. And matt taibbi with this new piece, the tax secrets and lies of the bella. Par sabbai the treasury, it is all done by ex wall street people and current wall street people. Ordinary people really do not have input into any of this. Then, haiti. Three years after the earthquake that killed over 300,000 people, we speak to jonathan katz, author of, the big truck that went by how the world came to save haiti and left behind a disaster. All of that and more coming up. This is democracy now , democracynow. Org, the war and peace report. Im amy goodman at least 120 people were killed in pak
We begin with jamie dimon, Jpmorgan Chase ceo sitting down with jim cramer in just a little while. His bank out with earnings that did handily Beat Estimates, results from rival wells fargo, also above expectations. Senator Elizabeth Warren leading a new charge to break up the banks with an updated version of the 1933 glasssteagall act. The Company Warns q2 and full year will likely fall short of expectations. And carl icahn kind of sweetens his offer for dell. Whats it going to mean for that vote next thursday . We will discuss. Big day for us here. As we said, jamie dimon will be here at the nyse. Cramer with an exclusive interview at 10 00 a. M. Eastern time. A lot of things to talk about in the program. Are you ready, skee daddy . Ive got the ceo on my left here, im listening to you guys, ive got Elizabeth Warren on squawk. Heres what i have to say. This has become a Capital Market story. Thats how theyre trying to portray it to put it in english, they have too much cash so theyre
Were not that far apart. Just a few more steps the president suggested and republicans would have a deal in hand to tame the deficit for a decade. That is a significant achievement for them. They should be proud of it. But they keep on finding ways to say no as opposed to finding ways to say yes. And i dont know how much of that has to do with it is very hard for them to say yes to me. Reporter there now appear to be two key sticking points republicans want the president to offer up deeper cuts in entitlement spending totaling several hundred billion dollars over ten years. In return the president is determined to get a longterm extension of the nations debt limit. Last year, the fight over raising the debt limit brought the country to the edge of default. But House Republicans see the debt limit as a crucial check on spending. I think they are very, very reluctant to give up this leverage what they consider to be the last leverage they may have next year on trying to get real entitlem
Just a few more steps the president suggested and republicans would have a deal in hand to tame the deficit for a decade. That is a significant achievement for them. They should be proud of it. But they keep on finding ways to say no as opposed to finding ways to say yes. And i dont know how much of that has to do with it is very hard for them to say yes to me. Reporter there now appear to be two key sticking points republicans want the president to offer up deeper cuts in entitlement spending totaling several hundred billion dollars over ten years. In return the president is determined to get a longterm extension of the nations debt limit. Last year, the fight over raising the debt limit brought the country to the edge of default. But House Republicans see the debt limit as a crucial check on spending. I think they are very, very reluctant to give up this leverage what they consider to be the last leverage they may have next year on trying to get real entitlement reform and i think th
This is n. B. R. Tom good evening. Im tom hudson. President obama urges House Speaker john boehner to take his deal on the fiscal cliff, calling it something republicans can be proud of. Susie im susie gharib. The c. E. O. Of manufacturer Johnson Controls says business is looking good for 2013, but going over the fiscal cliff could change that. Tom and the u. S. Treasury speeds up plans to sell its stake in General Motors. Is the automaker ready to stand alone . Susie that and more tonight on n. B. R. tom under the threat of a white house veto, the u. S. House of representatives is expected to vote tomorrow on the republican planb to avoid the fiscal cliff. House Speaker John Boehner thinks the house will okay the package, trying to turn the heat up on president obama to steer clear of automatic tax hikes and Government Spending cuts due to take affect in 12 days. Still, as darren gersh reports, there are some signs the two sides are narrowing their differences. Reporter House Republic