okay. a couple of corrections we need to make. earlier this week in reporting on the seemingly complicated but quite simple network of newt gingrich-related money-making schemes, i noted one of the reasons that newt incorporated it s simpler than it looks is basically all of newt incorporated is headquartered in this one building in d.c. gingrich communications, the gingrich group, gingrich productions, gingrich foundation, gingrich holdings. all of newt inc. is in this one building in district of columbia. one portion of the gingrich empire that was based there is something called american solutions for winning the future. that s the newt gingrich founded deal that you may remember us reporting on the last couple of years where they spam fax you that newt gingrich wants to give you a prestigious award and you call to followup about what you have to do to collect the award
i m wolf blitzer. you re in the situation room . captions by vitac www.vitac.com we begin with breaking news on wall street. a dramatic rescue and equally dramatic reaction on wall street. the stock market skyrocketing today on new that is the federal reserve and other central banks are taking direct action to prevent a financial meltdown in the euro zone using the their resources to keep money and credit flowing amid the staggering debt crisis. it s the largest coordinated move of its kind since 2008 when similar action brought u.s. credit markets back from the brink. let s go straight to alison kosik at the new york stock exchange. a banner day on wall street today. just a stunning rally. we re ending the day, the dow up 482 points. this is the best point gain for the dow we ve seen in two and a half years, this all coming after the central banks stepping in and meeting this relief rally. investors seeing it finally these monetary policymakers get it. what central
newt gingrich was explicit with me in my interview with him on this, they are very much expecting the kind of advice that will help them get their agenda, get their causes through washington. and, you know, and there was also the whole for-profit health care think tank that newt gingrich had. he s no longer associated with. the center for health transformation. you take a company like novo nordisk, it s a company that puts together treatments for diabetes. they were paying $200,000 a year for six years to the center for health transformation. what were they getting out of this? a lot of access, a lot of advice from newt gingrich. but he was also lending his name and his celebrity to some of their cause. he was the keynote speaker of their diabetes summit, and his name was on their press releases commending the company for being a leader in fighting diabetes. again, these are all i mean, nobody is for diabetes, but
union leader has not exactly been looking out for the little guy. they have not been looking out for the populist candidates to endorse. but this year the same paper says mitt romney just seems too 1 percenty. so instead they re going with newt gingrich. memo to the new hampshire union leader. everyone gets that mitt romney seems too 1 percenty for the political climate in america right now arguably. but have you looked into newt gingrich? if you actually looked into newt gingrich, i mean, on paper, on paper it can seem daunting to look into newt gingrich. when you start looking into his financial empire, it can seem sort of complicated, but it s not. it s basically just this. 1425 kay street northwest in washington, d.c. 1425 kay street northwest is the home of gingrich communications. 1425 kay street northwest also the home of gingrich group. gingrich group appears to be known now as the center of gingrich transformations, a for profit health care thing. 1425 kay street northwest
know who is an acquaintance that i thought was friend of. television station ag.a identifies the accuser as ginger white. she claim her affair with cain lasted 13 years. it was complicated. i was aware that he was married and i was aware that i was involved in a very inappropriate situation, a relationship. again, cain denies having an affair. in an exclusive interview with wolf blitzer, cain says the latest accusation won t force him out of the race. you re staying in the race. you re not dropping out. i m not dropping out, no. as long as my wife is behind me and as long as my wife believes that i should stay in this race, i m staying in this race. because i am sick and tired of the hurt and harm that somebody out there is doing to my family, more so to me work these baseless charges. what this says is that somebody is awfully afraid that i m doing too well in this republican nomination to continue to dig up these stories to try and put a cloud and a damper on my c