by you. the first by neal irwin. wall street puts crisis behind it and profits. more mergers and acquisitions this year, salaries going up their salaries. i know. wall street is doing extra ordinarily well. and then look at the front page of business day, andrew ross sorkin who wrote too big to fail is talking about how wall street is still untamed. a new study shows people making over $500,000, one in three say they see wrong doing going on at work all the time. too big to fail has gotten bigger. and is itç looks as if we ve learned absolutely nothing from the mistakes of 2008. if you look at the bowels of the dodd-frank act, it did help further regulate an already really terrifically
i hope it goes well. it will go well. i hope we re not talking about biden of course, we re talking about letterman s last night. biden s show runs through he keeps going. you never know. so, man, dave leaving tomorrow night. it s just not good. not good at all. it s the end of a huge portion of my life and the lives of many many other people. he is so iconic. these last few shows these last two weeks, have been staggeringly great. just incredible. and obviously his hero was johnny carson. and everybody believed that letterman was going to replace johnny carson. and of course jay when know did well for this network financially. but, you know, it s so interesting thatwhen know did well for this network financially. but, you know, it s so interesting that while johnny carson was huge and massive and had great influence and i loved him, it s ironic that johnny carson comes second in terms of influence to what david letterman has done to the comity landscape since
0 i you choke yourself to like, what? i don t get that. oh, no, no, no. rerack the tape and start over. like bacon. it makes everything better. all right. good morning. good morning, everyone. tuesday, june 18th. holy cow. who s on set with us, mika. with us on set msnbc contributor mike barnicle, msnbc and time magazine senior political analyst mark halperin, and in washington, pulitzer-prize winning columnist and associate editor of the washington post and msnbc political analyst eugene robinson. and we have a big show today. we re going to be talking about his piece in the post. chris christie will be on the show. that s great. also, justin rose, do you know who that is? yes. the new champion of the u.s. open. he ll be here on set this hour. so some guests coming up among many others. a lot of news to cover. a lot of stuff to cover. a lot of things going on. no. i m not trying to what s this new york post story here? whatever it is mark ha
able to get on the path to homeownership and life more generally. have there been any studies about how this impacts the kind of jobs people take. a study showed 6 in 10 graduates regretted the college finance but once you ve done it, you re stuck with. if you have $200,000 in law school debt, you have to take a commercial job that s going to pay you well so you can make those payments. it s true on a smaller scale for und undergraduates. if you re going to be a teacher and you re sitting on a $50,000 student loans, that s difficult to do. i think my first radio job paid $90 a month. if i had a big student debt, that would not have happened. neal irwin, it is a very
graduating magna cum laude. i know some of you are just graduating thank you laude. that is president obama speaking at commencement at morehouse college sunday. about 65% of grads are left with a tough reality, student loans to pay. the numbers are astonishing. student loan debt tripled over the last decade to $1.1 trillion. that is nearly 9% of all consumer debt, second only to what we owe on our mortgages. and when paying off loans, significant numbers of young people are putting off buying a house or a car or having a family. economists are increasingly worried about what that means for the national economy. i want to bring in neal irwin, author of the aleichemists.