Good morning from washington. Its thursday, august 22nd, 2013. This is the daily rundown. Im chuck todd. My first reads of the morning. Is the arab spring officially coming to an end . Did the auto kraatz and dictators win . May sound like a drastic conclusion. Lets look at the facts as they are today. An Egyptian Court has ordered the release of former strongman Hosni Mubarak whose toppling 2 1 2 years ago perhaps the number one signal of the arab spring. Mohamed morsi, egypts first democratically elected leader, is spending his 51st day under house arrest. Images consistent with a massive chemical attack are pouring out of syria. These are some of the least graphic pictures that were showing. But they are still disturbing to watch. The Syrian Opposition claims president assads government unleashed a barrage of surface to surface rockets filled with poison gas on at least ten villages outside damascus on wednesday. If verified, it would be a chemical attack on a scale the world has no
For the entire hour. Robert benmosche will be cohosting with me. Lots to talk about with the always candid benmosche, were coming up on the fiveyear anniversary of the financial crisis. Well talk to him about the tapering and the next fed chairman. And a couple of exciting hours. And another topic mr. Benmosche is sure to have good insight on, Standard Poors claim. Claiming theyre being retaliated against by demanding 5 million in fines by how it rated mortgages ahead of the crisis. So far, only s p is facing those kinds of penalties even though others blew it. We have more on that. This is a really good story. I want to get some important legal minds take on this, suing the federal government, and could this be the truth, that, in fact, the aaa goes away. Well get into it. Lets check where we are in the marks as we see the rally continue, as you can see by the intraday chart. Just shy of the high, but very close to it. 110 points on the industrials average. Nasdaq composite also stron
They try to shore up the rupee. Samsung and qualcomm try to set the clock of the smartwatch market, sony races to secure its spot in the phone space. The ceo of the japanese tech giant tells cnbc he wont give up on the tv business. We have a Good Relationship with all of our major shareholders. And we continue to have a good dialogue, certainly with mr. Lobe and third point as well as all our other major shareholders as well. Hello, warm welcome to Worldwide Exchange. U. S. Senate Foreign Relations committee agreed to authorize a limited attack on syria, clearing the way for a full senate vote next week. The measure is expected to pass in the senate, but its fate in the house is less certain. Vote came as president obama urged lawmakers to prove his plan for syria. Speaking at a News Conference in stockholm yesterday, he said international communitys credibility is on the line. Secretary of state john kerry also testified before the House Foreign Affairs committee yesterday defending t
Want to be here Vladimir Putin a suit. Here he is earlier. Look at the look on his face. Earlier this year with the Prime Minister of japan. Here he is a few months later pulling the same mug. Standing next to german chancellor Angela Merkel at the g8 summit in ireland. Everybody is having a good time. Here he is at the same event with president obama. Oh, please, wont Somebody Just give me a puppy . Or maybe a python . Maybe a wooden plank i could break with my forehead . Yeah, that putin, patented putin posture that i would prefer not to be here posture, that got kind of an affectionate mention today in the east room of the white house. I dont have a bad personal relationship with putin. When we have conversations, theyre candid, theyre blunt. Oftentimes theyre constructive. I know the press likes to focus on body language and hes got that kind of slouch looking like the bored kid in the back of the classroom. But the truth is that when were in conversations together, oftentimes its
Exclusively. Why do so many people keep investing in hedge funds. They have lousy returns that way underperform the s p 500. Coming up on the kudlow report beginning right now. Good evening, everyone, im larry kudlow. And this is the kudlow report. President obama gathered in st. Peters today for addressing the worlds financial situation. In a working dinner this evening, it was disagreement over how to handle serious use of chemical weapons that dominated the agenda. Nbcs chuck todd joins us now with the latest. Good evening, chuck. Reporter good evening, larry. Or i should say good morning, the first day and night of the g20 summit is over. President obama only a few minutes ago left the dinner with the 20 World Leaders. A dinner that lasted until nearly 2 00 in the morning here in russia. The topic of the dinner was supposed to be all things syria. And what the white house was telling me was that wey wanted president to lay out his case and put as many World Leaders to his side. He