The regardless of your feelings what are these agencies going to do with the many . Help investors or help themselves . History suggests theyre not about making investors will especially no investor was hurt they are doing fine the regulators that should have caught this to make a whale of a killing off of this just as they have off of every pound of flesh that they have only gotten themselves it is amazing those that demand a vigil accountability do not care about the city and themselves. Then assessing this the things that pile of the debt to the stupid taxpayers that are offered Financial Advice we have david yasmin. Where is this money going . As you describe the situation will we have complained a lot about overtime, like the federal regulatory agencies are bounty hunters they get money to track down the elected wrongdoers so you have to wonder why is it like firms like j. P. Morgan and settle the cases . It can spend as much as it once now it is even more money but i understand t
Even when they say it is not, it is always about money. Melissa first night we follow the money around the world to track the cost of sanctions in iran. What is the price we are paying to not do business in iran . Right now a lot of talk about whether or not president obama will actually meet with iranian president at the United Nations this week. Of course at the center of all of it is money. We have figures you have never heard anywhere else. Just to keep iran feeling cut off. Is it worth it . Here with the amazing stats is the military expert. Great to have you back on the show. One of the stats that really caught my attention was about the loss of Business Companies like boeing are suffering as a result. 25 alien they and others could be doing in revenue if they were allowed to sell aircraft into iran, instead russia is getting that business. Is it worth it . I would say 25 billion per year is on the low side of the estimates i come up with in terms of what American Business could
Housing recovery is very much alive or as is more likely that buyers are racing to close deals before Interest Rates and Mortgage Rates go higher. So it looks good, but the velocity has slowed down. People question as all the time. As the guest from the last hour said, is slow but steady recovery. Finally, a major bank stocks moving higher late in part by a late breaking reports that j. P. Morgan could be ready to pay about 3 billion the settle claims with the government that it misled investors about mortgage practices. In the meantime, as an of financial and goldman both came out with notes today saying that big banks appear adequately prepared for the next round of stopgaps that will be given up by the bank. A lot of headlines for the banks at the moment, but look at how theyre moving today. Now to a retailer feeling stress. J. C. Penney shares tanking to a 13year low. What happened . Well, goldman once again weighing in warning that the retailers sales will improve, but more slowly
At all similar to the treatment that he is getting. Reportedly paying up to 70 million in fines. Remember that one . It resulted in more than 6 billion in losses. But with all of that, a very profitable quarter for jpmorgan. The white house says, some inquiring minds are just wondering. Because i do remember a time before it became the administration who signed it into law. The president thought that he almost had one of those fast pass to the oval office. That was then and washingtons tax policy would inhibit growth. And now this. Coincidental . Well, maybe. After all, jpmorgan did screw up that trade in london. Lets just say that washington is a little weird considering that it is now using billions of taxpayer dollars it is expected to result in more than 15 million in fines. Prior to the meltdown come at the dates are finally settling old scores. Who better to ask than a guy that was there during the middle of the meltdown firsthand. Independent senator, joe lieberman. It is good t
S. Melissa some new developments tonight on the situation in syria. Secretary of state john kerry spoke a little while ago saying the agreement made in geneva last week must stand with a strong support of the United Nations and global powers. But russian president Vladmir Putin indicated earlier today that he is not convinced syria will in fact turn over its stash of chemical weapons. Fox newss Leland Vittert is in jerusalem with the latest details. Leland. Reporter melissa, the russian president says he thinks but he is not exactly 100 sure that his syrian ally will end up giving up all of their chemical weapons as promised. Remember it was the United States and russia that brokered that grand deal. Still president putin of russia is defending the syrians and saying he has evidence that it was not the Syrian Government behind that deadly august 21st chemical weapons attack. The world has largely blamed the Syrian Government because of the type of nerve gas that was used. Sarin gas was