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Transcripts For CNBC Closing Bell With Maria Bartiromo 20121116

Listen to this. I believe that we can do this and avert the fiscal cliff thats right in front of us today. Is this really what led to todays midday turn around, or was it Something Else . Lets talk about that. Quincy crosby joins us. Mark spellman and kevin carone. Quincy, is it that simple . They came out, they used the word constructive, framework, corner stone, all those positive words, and the market took off. Absolutely. I was watching the body language when they finished up. They walked together. They didnt separate. The market kept making gains. It was that immediate. Mark, do you agree . Yeah, i think it was important. Weve been looking for good news. The fact that everyones heels arent dug in quite as badly, its good news and what otherwise has been a bad news market. Kevin, i want to ask you, though, even if we get a deal, okay, great. Tick, check. Like the elections, check. Weve still got a lot of longerterm fundamental problems. I dont know. Just doing the simple math here,

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Transcripts For FBC Markets Now 20131111

Breather here . Reporter five straight weeks of gains here, ticking it off here in fashion with up arrows. All three of the major averages do have up arrows, however, none of these three are gaining more than onetenth t of 1 at the moment. So you are seeing that the momentum is leaning to the upside. However, not bursting out into crazy new highs. What we are seeing, though, is that we have the retail index, the drug index pulling higher, the banking index pulling back a little bit, the vixx also taking a breather here. As i speak about the banks, i want to look at bank of america, a stellar perfor year, up 24 this year, almost 52 in the last one year. But now today we are focusing on bank of america as you do have the u. S. Government seeking the maximum penalty allowed, over 863 million, and this is in connection with the countrywide loan program dubbed hustle, so not good news there. The bank had said they previously were looking for options to appeal this. In the meantime, this is

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Accion Launches $152.5M Fund for Fintech Startups Globally

Accion Launches $152.5M Fund for Fintech Startups Globally
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Financial Inclusion 2.0: Embracing a New Outcome Agenda

Financial Inclusion 2.0: Embracing a New Outcome Agenda
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Fintech for Inclusion Global Summit to bring some of world's most innovative financial start-ups to London on September 12

Fintech for Inclusion Global Summit to bring some of world's most innovative financial start-ups to London on September 12
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