Housing recovery is very much alive or as is more likely that buyers are racing to close deals before Interest Rates and Mortgage Rates go higher. So it looks good, but the velocity has slowed down. People question as all the time. As the guest from the last hour said, is slow but steady recovery. Finally, a major bank stocks moving higher late in part by a late breaking reports that j. P. Morgan could be ready to pay about 3 billion the settle claims with the government that it misled investors about mortgage practices. In the meantime, as an of financial and goldman both came out with notes today saying that big banks appear adequately prepared for the next round of stopgaps that will be given up by the bank. A lot of headlines for the banks at the moment, but look at how theyre moving today. Now to a retailer feeling stress. J. C. Penney shares tanking to a 13year low. What happened . Well, goldman once again weighing in warning that the retailers sales will improve, but more slowly
Vote vote the presiding officer on this vote, the yeas are 66, the nays 32. The nomination is confirmed. Under the previous order, the motion to reconsider be considered made and laid upon the table, and the president be immediately notified of the senates actions, and the senate will resume legislative session. Mr. Schumer mr. President . The presiding officer the majority leader is recognized. Mr. Schumer it is my understand respecting the senate has received a message from the house of representatives to accompany s. 3373. The presiding officer the senator is correct. Mr. Schumer i ask the chair to lay before the senate the message accompanying s. 3373. The clerk veal that the bill from the senate, s. 3373, an act to improve the iraq and Afghanistan Service grant and the children of Fallen Heroes grant, do pass with an amendment. Mr. Schumer i move to concur in the house amendment to s. 3373. The presiding officer the clerk will report the motion. The clerk the senator from new york
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