Ride to the rescue and do things that its never done such as get into the high yield bond market and rescue companies that have been downgraded which is set off what we call animal spirits the likes of which weve never seen now we have individual that does this smallest of Retail Investors pumping up things like insolvent companies such as j. C. Penney and hertz that have actually declared bankruptcy filed for chapter 11 and yet investors in general are so convinced that because of the feds extraordinary actions to contain the al fall of the credit market of the credit bubble bursting that the fed no matter what happens is going to have their back with i mean thats like the fed choosing winners i mean is that really healthy for the economy because it again thats kind of an evolution i mean thats a choice its not really Market Forces as were always told to worship here i find. Really quite bewildering and what is the doing if youre buying Corporate Bonds i mean this is this is its not c
They reckless about knowing or learning whether they were false . Look, every authority from 60some courts to the Department Of Justice to the fbi has confirmed that they were false and whats really interesting here, brianna, this case will, like most cases, go to discovery. Where the parties exchange information, get documents, take depositions. The plaintiffs here will get deep inside of fox news. If this gets the discovery before it settles or goes to discovery, then theyre going to get their eyes on the emails, the texts, the internal notes, memos, what was happening in fox news, and if they knew this was false or definitely should have known it was false, thats going to be real trouble for them legally. What, elly, would a settlement look like to avoid that . In a way seems between a rock and hard spot . Asking for almost 3 billion . I mean a settlement could be extremely damaging financially to a news, a i dont want to say news. To a media outlet like fox. Yeah. This is where the
Heres how it would look if they were dining together. Not a pretty picture. The bat or shrimp primavera. And if dr. Fauci has so much integrity, then why is he working with these unscrupulous characters . Anthony fauci if it were up to him, we would all be alive. Im donald trump and i wish you were dead. Announcer its a late show with Stephen Colbert. Tonight, surgin u. S. A. Plus, stephen welcomes tom hanks. Featuring jon batiste and stay homin. And now, live on tape from a safe distance, its Stephen Colbert stephen what do you think about the hair today . You like it . Its a little fluffy. Grey. Stephen its a little grey. But it was grey before. Now its grey and fluffy. Its got vitality. Im going for a sort of Bernard Henri levy modern french philosopher look. Good. Welcome to a late show. Im your host, Stephen Colbert. Its day 123 since i left my theater, but whos counting . I am. By carving notches into my shin just to feel the passage of time. And its beginning to seem like our fo
Or closing your shades during the day. Stay well and keep it golden. A familiar face, a superhero helping out the Homeless Population here in downtown san jose. The Oakland Unified School board has voted to eliminate the Districts Police department, but not everyone is happy about it. Governor newsom announced a huge spike in california covid cases. What epidemiologists say is contributing to the surge. The heat peaks tomorrow. The areas of highest heat illness coming up. Building a better bay area for a safe and secure future. This is abc 7 news. Major new developments tonight after a decadeslong battle by Community Activists and parents. The Oakland Unified School board has voted to eliminate the School Police force. Abc 7 News Reporter j. R. Stone is in the newsroom with more. Well, alma and dan, some of those weve seen rallying in the streets are calling this an historic win tonight, but others i talk with say they now fear for their childs safety. Cheer among many in oakland as th
Caught on camera, the terrifying moment a bookcase falls on two children. Theyre okay, but this morning the powerful message from their mother. Plus, the surprising study revealing the car company that now ranks last in quality. And blazing the trail, meet the all women crew of this big city fire station. Good thursday morning to you, everyone. Thank you for joining us. The cdc is now predicting the u. S. Will see 150,000 deaths from the coronavirus by the middle of next month. In terms of new cases of the virus, were back to where we were in april with nearly 35,000 infections each day. The big concern right now is in arizona, texas, florida and california. Breaking overnight, weve learned that dozens of secret Service Officers and agents are now in selfquarantine after President Trumps rally saturday night in tulsa. Two of their colleagues have reportedly tested positive. The Trump Campaign did not comment overnight. Meanwhile on wall street, stocks falling overnight after the dow lo