Issue, melissa. Number one is the selfdealing issue coming out from carl icahn the activist investor are i think are important issues to be raised. They have not, meaning andreessen nor dan a hoe, ceo of ebay donahoe, ceo of ebay addressed this head on. He makes an. When he was on board of ebay he and another private equity firm silver lake, bought skype from them and resold it for a huge amount of money. That is serious stuff. Melissa bought it for 1. 9 billion. Turned it around 18 months later and sold it for 18. 5. Incredible amount of money. There has to be logical explanation of this. They should step up to the plate. I said that is one part of problem i see here. The other part of the problem is how the tech media, i really mean this to all of my friends in the tech media, they are in bed with their sources. I mean people say, you know, everybody has sources. Melissa oh. Listen, we go out, listen you have to have some relations with these banks. I understand that. Youre not adver
You would think other banks would be piling on the negative statements but do they feel sorry for city and their ceo . Charlie gasparino is here with the details. Call the bankers bonus and how is this not keeping in that thing . When you talk to rival bankers they have no reason to stick out for citigroup and not on the record because they are afraid. What they say is look at the arbitrary nature of what goes on with stress tests. Last year jpmorgan didnt fail to address tests but they got some sort of delay and asked for more stuff to do more stuff in terms of capital and all that so they delayed and forced them to do more. Why did they do that . The people at jpmorgan did that not because they have a capital fund but believe it was payback for the london whale. Whenever these raiders miss something they use the stress test as a way of smacking back at the banks and putting them on notice. That is what dick bove said. Adam a lot of taxpayers would say good. We could wait in and go ba
Unions into College Sports watching the big game may never be the same. Cashin in spreading the truth starts right now. Hi everyone. Im eric bolling. Welcome to cashin in. Our crew wayne rogers, jonathan honoring, Michelle Fields and Juan Williams welcome. Were living in a country where more and more are riding in the cart and fewer pulling the thing. Here are the number even john stewart cant distort. In five years the federal government will hand out 14 trillion of your money at the same time nearly half of all americans pay no, no, federal income tax at all. America was once filled with proud workers and businesses eager to hire them, becoming a nation of freeloaders looking to get paid without getting off the couch. As cato pointed out in 35 states it pays more to get to the Unemployment Office than to the job site. The United States of america is mor foing into the United States of entitlement. Some big corporations rely on food stamps and the government announced plans to give pr
Anywhere if you are not hiring right now the president is a demanding to hike your minimumwage you are too worried about keeping your doors open. It is open and shut the president cannot make his case the especially when he gets on the bosss case. How about focusing on getting paid period . Any think at all get than in the door before you discuss how much you will pay. It is an entry point by the way and the dignity of the job that matters about being employed that none of the above matters were the concerns old betty shackled with health care and a recovery in history but none of that matters. Because state higher but news flash theyre not hiring. Those who want them to this is not helping because nothing is worse than telling those without a job what they are missing by not having that job. But this is a given minimum coverage than the minimum wage debate always looks harmless if you have questions. Okay john. And i was told there will never make progress if they focus on paying more
So long. So long. The man who said himself, the show must go on. The first new years without dick clark, as we heard tonight from his wife. She answers the one question she says so many have been asking her. Good evening on this new years eve. Diane counting down with her family. Tonight, the other countdown here. The one in washington. Tonight, no deal. Lawmakers are taking this country over the fiscal cliff. As one senator said today, something has gone terribly wrong when the biggest threat to our economy is our congress. Lets get right to abcs chief White House Correspondent jon karl covering this every step of the way. Jon, many angry americans watching all of this. Reporter well, david, they just blew it. It is now clear that congress will fail to pass by midnight tonight something to prevent virtually everybodys taxes from going up. They have known for more than a year that tonight was the deadline and they just blew it. The deadline to prevent that massive 600 billion combinati