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Transcripts For FBC MONEY With Melissa Francis 20121002

melissa: first let s take a look at the day s market headlines a surprise surge in u.s. manufacturing gave stocks a triple digit boost. that was early on though and it trade faded. the dow closed up 77 points. one possible reason, ben beanke. the fed chairman defended his money printing ways today but he also said congress must do more to ss ace the recovery. american express will pay more tan $112 million. regulators allege that amex misled customers about debt collected, discriminated against certain card applicants and charged improper late fees. are we in a recession right here, right now? our own peter barnes asked fed chief ben bernanke today and he sort of made aoke of the whole thing. i know how it happens. it sort of happens over a nice meal at a french restaurant and [laughter] there is a discussion of the data and everybody says, what do you think? yeah, okay. melissa: that is his explanation for how the official committee decide whether or not we re in a rec

Transcripts For FBC MONEY With Melissa Francis 20121001

melissa: first let s take a look at the day s market headlines a surprise surge in u.s. manufacturing gave stocks a triple digit boost. that was early on though and it trade faded. the dow closed up 77 points. one possible reason, ben bernanke. the fed chairman defended his money printing ways today but he also said congress must do more to ss ace the recovery. american express will pay more than $112 million. regulators allege that amex misled customers about debt collected, discriminated against certain card applicants and charged improper late fees. are we in a recession right here, right now? our own peter barnes asked fed chief ben bernanke today and he sort of made a joke of the whole thing. i know how it happens. it sort of happens over a nice meal at a french restaurant and [laughter] there is a discussion of the data and everybody says, what do you think? yeah, okay. melissa: that is his explanation for how the official committee decide whether or not we re in

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