reimburse the broker/dealers who got caught in the middle. there he was with mark zuckerberg on the day that facebook became public. we ll watch for that very carefully. this set some precedence in some way, doesn t it? it really does. it s the largest ipo that has nasdaq has seen. today we ve got a lot of unhappy investors. he s going to have lots to answer to. all right. on top of all of this, we have a major rally on wall street and in times square where you are, maria. here s something we haven t seen since april, a two-day rally win streak. positive for the year now. back in positive territory, back above the 200-day moving average after the major averages have all been hard hit essentially during the month of may. right now the dow is up 224 points and the best thing you can say about this rally is it s apparently the result of a lack of bad news today. something we ll talk about. we re at 2834 on nasdaq. a gain of 56 points, or 2% close to the highs of the session.
president was aware that that broadcast would be coming before this meeting. but the tone that he was striking is not all that different than he has been striking at various points in the year. anybody looks at the polls. look at our cnbc wealth in america survey last week. you can see the financial industry is held in very low esteem by the public. and the public is very concerned about the state of the economy. so it is just natural that an administration that has put itself out there to help the financial industry, not just president obama, president bush before him and both parties in congress, tons of flack for passing the bailout bill, they are deflecting a little bit of the heat on to these executive. for those that haven t heard that soundbite from 60 minutes, let s listen and then we can talk more about that. i did not run for office to be helping out a bunch of, you know, fat cat bankers on wall street. the only ones that will be paying out these if a bonuses