It is unbelievable. The sun is shining. Lets make some news, shelley . To town last night. You have been able to hear a bit about what people are saying. Talk about what people are saying, trust five years after the financial crisis, how is it that you think people trust banks so little . I am told we are the second least. Fortunately, we still have congress. News reporters are third. In all seriousness, this is the most damaging financial crisis since the depression, and maybe well before that with all of the home foreclosures, bank failures, and the impact that had on the global economy. T was devastating it takes a long time to recover the trust. It is not surprising. Is the industry not doing enough . The industry is doing a lot. Like what . You need strong institutions, so they are recapitalizing, cutting leverage. They started shedding businesses that were at the roots that got banks in trouble. Lets get more basic than that america does not understand when you talk about sheddin
Hi, ty. The dow did hit a new record today. The s p not yet, but 25 stocks in that index did hit new records. Lets check the markets for you. The Dow Jones Industrial average up 97 points off its high of the trading session. The s p up 5 points. The nasdaq composite is really, perhaps, the most interesting index right now of the day. Down 13 points. And look at that chart. It shows a steep drop earlier this morning. The nasdaq dropping in large part due to the fall of apple tesla and celgene. Apple down. 3 , tesla down 15 . Joe is chief Market Strategist with u. S. Trust division of bank of america private wealth management. Bob joins me here on the floor as well to talk about this market. Joe, im going to start with you. As we move into the latter part of the year after such a spectacular performance by stocks, do you think the s p 500s ten sectors will have a perfect ten all ending the year with doubledigit gains . You know, sue, i do. Its very interesting, it hasnt happened since 19
He just pulls off a back flip as the snow encasing him down that mountain. The ceo of apple and a nasa engineer sat with michelle obama. You cant sit close to your wife surrounding her with nerds. Cbs this morning. I literally couldnt move my legs so theyd have to pick up my legs and put them into my next outfit. Whoa, now there is he aa job. Welcome to cbs this morning. We start with breaking news the sweeping manhunt for fugitive excop wanted in a deadly rampage appears to be over. Overnight sheriffs deputies say charred remains were found inside a burned out cabin near Big Bear Lake california east of los angeles. Its not yet confirmed the remains are those of Christopher Dorner. The cabin went up in flames after an intense shootout. Only cbs news captured the gunfight while it was happening. Carter evans was in the middle of it all and he is again in big bear. Good morning. Reporter good morning, there is a new development. Authorities are now reporting inside that burnt out cabin
In their home so thats a concern i dont want to get into and it makes it easier to enforce the rules sequoa i just want to indoctrinate to the issue of privacy and address the miss semgsz were asking it not be attached to the unit not divulge who is hosting or asking for people to open up about their personal business only nobody would know about the information but only after the fact when their hosting someone in the unit so were not getting into peoples personal lives how they take vacationed and again, its the unit thats important not who owns it not any of that sequoa finally, i want to mention this has comp come up a couple of times perhaps a one year reporting requirement back to the board and commission how the fees are working and how the enforcement is working well report back in a year or so to see how its working and report on the enforcement issue sequoa ill have to leave in about a half an hour again were here some of the staff for the duration of the meeting. Colleagues