Using the word cartel often conjures images of colombian drug warts and machine guns. Drug lords and machine guns. Merriamwebster defines a cartel as a group of businesses that agree to fix prices so they will all make more money. That sounds illegal to me. And that is exactly why the hammer was dropped on six banks. Deutsche bank, royal bank of scotland, Jpmorgan Citigroup jp morgan, citigroup, and rbs. These are rates that banks charge each other tomorrow. What is shocking about the scandals is not just the manipulation of benchmarks, though it a serious infringement, but also cartels between a number of financial players. We want to send a clear message that the commission is determined to sanction these cartels in the financial sectors. Enforcing competition rules will help ensure that Financial Markets truly work at the service of the real economy and not just the few. But its not over yet. Its not over yet. Other banks are actually holding out for something better. I cap actually
Finest mountainclimbing attire i can get my hand on because i now believe that we may very well go over the fiscal cliff come january and i want to be ready to climb back out with the right stock after it happens. You cant come from a given day like today, dow 107 points, hey, happy days are here again, right . This is a day where my equipment felt a little felt a little superfluous because we had all sorts of happy talk for a bunch of people in washington about how compromise was within reach. However, i think its been increasingly apparent that we actually may not get a deal in time for the january deadline. Something Warren Buffett pointed out. Who am i to disagree. You dont need to change your philosophy just because we cliffed you. Long term it might not matter. Not all of you share his sanguine multiyear view of stocks. Not one of you shares a bank account close to the size of the man that created billions of dollars of wealth. He can afford to take the long view. If we take the
Especially when playing for 49ers in the bay area community. This is something they wanted to deal with now. Looking forward and get it over w hes going to have to deal with this for a long time. Yes. Moving on, you know stars are in town. You can feel its getting more crowded in new orleans. And there is a sense were heading towards something big. Among them is beyonce. She will sing live curing that show. And that just what they did in todays news conference. That is the way to start the news conference, beyonce, as you know came under criticism for lip syncing the National Anthem during the inauguration z today, she explained her reasons for using a recording. There is Live Television show and one of my proudest moments. Due to the weather, due to the delay, due to no proper sound check, i did not feel comfortable taking a risk it was about the president and the inauguration. I will be singing live. I will im well rehearsed and i will be singing live. This is what i was born to do.
Abe lincoln was. When he looked at someone he waited. He really listened to what they had to say. And he was able to talk to probably the smartest and the least educated the exact same way. What a gift. It was amazing. You understood why he was so great. Sally field was off the hook as his wife. Mary todd who was a little a little cuckoo. I just adore everything spielberg does. I heard she wanted this role but he didnt want her for it. He thinks shes a brilliant actress, didnt think she was right for it or something. You never know if what you read is true, but anyway, theres a story he couldnt get her off his mind, then asked her to test. Just to see if it was right. Daniel day lewis and she did a screen test and he said, good morning, mother, just like lincoln would. Good morning, mr. President. They stayed in complete, total character the entire time and it was electric when they were together. Thats how it happened. I hope that storys true. This is based on a book called team of ri
Welcome to today on a Tuesday Morning. Im savannah guthrie. And im matt lauer. A few years ago buying online was something of a novelty and made a lot of people nervous, including myself. Now its a way of life and huge business. Thats right. New numbers released overnight show just that. Sales up significantly over last year, and that is thanks in large part to consumers using mobile devices. Shoppers spent more than 1 billion. Is this the sign weve been waiting for that the economy is finally on the mend . Were going to ask a guy who just might be the best investor ever to walk this earth. How is that for an introduction. Pretty good. Warren buffett, glad to have you here. All right. An Important Health warning. If youve having a grapefruit or grapefruit juice for breakfast this morning, it can have serious, even fatal side effects, if youre using certain medications. Dr. Nancy snyderman will be here to explain that. A lot of medications take. Like mother, like daughter. Anna nicole s