General motors vehicle. This badly designed combination of metal and plastic has ruined so many lives now. The process of putting a dollar value on a human life begins. Today is the first day victims of families can submit applications for payment. Joining me now kenneth feinberg, running the gm Victims Compensation fund. Today is your first day accepting claims. Plaintiffs attorneys expect several claims to be made today. How many claims will you get . You never know, sheer speculation as to how many lawyers and claimants have the time today, the first day that the claim forms are available to fill them out and send them into me. What we do know based on history, 9 11, bp, we get a spike of claims in the first month of the program, and then another spike probably in december. The last month of the program. So well have to wait and see what comes in the door. Gerri certainly, gm itself set aside 400 million for the purpose of compensating victims, thats what they said publicly. What do
This is one of the faulty General Motors vehicle. This badly designed combination of metal and plastic has ruined so many lives now. The process of putting a dollar value on a human life begins. Today is the first day victims of families can submit applications for payment. Joining me now kenneth feinberg, running the gm Victims Compensation fund. Today is your first day accepting claims. Plaintiffs attorneys expect several claims to be made today. How many claims will you get . You never know, sheer speculation as to how many lawyers and claimants have the time today, the first day that the claim forms are available to fill them out and send them into me. What we do know based on history, 9 11, bp, we get a spike of claims in the first month of the program, and then another spike probably in december. The last month of the program. So well have to wait and see what comes in the door. Gerri certainly, gm itself set aside 400 million for the purpose of compensating victims, thats what t
General motors vehicle. This badly designed combination of metal and plastic has ruined so many lives now. The process of putting a dollar value on a human life begins. Today is the first day victims of families can submit applications for payment. Joining me now kenneth feinberg, running the gm Victims Compensation fund. Today is your first day accepting claims. Plaintiffs attorneys expect several claims to be made today. How many claims will you get . You never know, sheer speculation as to how many lawyers and claimants have the time today, the first day that the claim forms are available to fill them out and send them into me. What we do know based on history, 9 11, bp, we get a spike of claims in the first month of the program, and then another spike probably in december. The last month of the program. So well have to wait and see what comes in the door. Gerri certainly, gm itself set aside 400 million for the purpose of compensating victims, thats what they said publicly. What do
Bonuses will be cut up to 10 according to people briefed on the matter. Citigroups ceo said fourthquarter trading revenue would be down 5 . The house approved the construction of the keystone xl pipeline. The senate is expected to follow suit, setting up a confrontation with president obama, who said he will veto the bill. The president of the American Action forum says the pipeline is critical to canada. From a canadian point of view, they get access to a market they would like to compete in. It is a better way to transport oil. It is safer. If you dont have a keystone pipeline, they will find other ways. But this is the low cost, safe way to do it. In Nebraska Court also threw out a challenge to the pipeline. Amazon is quick at giving refunds. They take just 1. 3 days on average to return money to customers, the quickest of any online store. Amazon offers an instant refund feature with the aim of getting customers to spend that money again at amazon, quickly. Stories making headlines
Price of oil today, wti crude well below 90 a barrel and sort of a line in the sand. We are at 88. 78. We were at 87 and change moments ago. Consistent with that, lets put up the u. S. 10year Interest Rates. Dropping. Were looking at 2. 35 . Pretty much a Straight Line down mirroring what were seeing as you mentioned in oil and stocks. It might be a classic riskoff kind of day and we have the panel to talk about and a new warning on Housing Market. Is a triple dip . Some see it hitting a speed bump. Find out whos saying that and could mean for the market and the economy. Big day here for the cnbc next 25. Three top candidates for that very exclusive list will be with us today. Melody hobson, Anne Wojcicki and kal cole with us. They will be with us today on closing bell. Yes. A lot coming up. Markets, as bill mentioned, pretty much the lows of the session. Dow off 200. 1 today. The nasdaq losing 50 points. S p off by about 20. Russell 2000, art cashi this morning on show yesterday we sh