A warm welcome to the program. Lets talk about stress. The Federal Reserve rejected the capital plan for banks. Jonathan ferro has details for us. Jon . Youre not stressed. I am, quite often. The fed says no. I think that is big news overnight. For citigroup. Plans to buy back shares and boost dividends. They are going to have to readdress plans. Two rounds no those tests. Think of the first one as what if . What if unemployment peaked at 11 . House prices fell 25 . Can these banks withstand a recession . St week the big guns all passed. The result is about taking into account their capital plans. It is very subjective. It wasnt just citi that failed. Hsbc. Santander. It is really interesting. On the quantitative measures to peer one capital, they pass. They passed in that sense but they failed on the processes. R. B. F. . Does it mean for it is r. B. S. . It is planning to sell shares. Revenue and losses under economic stress. How many problems did this bank have . This is one of them
Islamic militants who demand they convert or die. We know that president obama has called saudi Arabias King Abdullah as he and his closest white house advisers strategize about what comes next. I want to bring in andrea mitchell. What can you tell us about this effort to communicate with International Partners about this operation . The call was to King Abdullah in jordan. And that is a key player right on the border with iraq. Weve yet to hear from the saudis and other Coalition Partners and there is a lot of reporting that they have been so dissatisfied with the president s response a year ago to syria and all this while as acise was metastasizing that they are reluctant to get involved militarily. Turkey did drop some aid in and is helping, and there has been more cooperation than weve ever seen before between baghdad and kirkuk and the leaders from erbil, the kurdish leaders in that peshmerga were routed by isis. That was the shocker saturday night. Since then there has been Coope