feeling their pain. this is the biggest point drop that has ever been seen. we are in the midst of a serious financial crisis and the federal government is responding with decisive action. these guys have been gambling with the house money for years and it s our job to bail them out? the largest swindle in wall street history, and alleged 50 if you million dollar ponzi scheme by bernard madoff. you belong in jail, you criminal! the pardon is over. if there was any company that could make energy cool, it was enron. the texas energy broker treated electricity like any other commodity. it buys and sells billions of dollars worth of energy, every day. it s the largest company of its kind in the world. enron is a company that deals with everyone with absolute integrity. we play by all the rules and stand by our work. we mean what we say . ken lay was the original ceo, he ran enron when the company was created out of the merger of two pipeline companies. he seem
Six times but court has determined that the legislation that, the partial veto means apart, and the legislation means apart, that part shall become law. and because we have a one person, i believe, one person, one democrat minority to sustain a veto, republicans can t do anything else. not only do they do that, i don t know how much time we have, but he also use this veto to take away a 3. 5 billion dollar tax cut for the richest people. and so the governor used the same digit veto to reduce that benefit from 3. 5 billion to 175 billion by tinkering with the tax rates at the top two tiers. while maintaining those tax cuts for middle class and lower income people. tony the tiger, i m going to call him, even though he is
Aig, and there was a real view by the way, that if aig went under, the game was over. aig does business with every major financial institution and in 130 countries. aig will destroy much of the capital for nation process in the western world. paulson, bernanke, gardner, they saw the risk that this could be not just a fire that would burn wall street down, but that could burn down our economy, and burn down the world economy. it s uncle sam to the rescue but oh, what a price tag . the federal government is to saving aig from possible collapse with an 85 billion dollar loan, all of it, your money. the move was designed to bring stability to the financial markets, did it work? maybe, down the road but not
The doubt. he was specifically referring to the 1. 5 billion dollar urban forestry provision of this act. he reiterated that on twitter. he said yes, i said when i said, 1. 5 billion for trees, and it s coming out of the pockets of taxpayers. that was not his solution to the climate change. it honestly was not his biggest gap. it s one in a series of, you know. i gotta ask. so, when i m hearing from sources is that he was not going to run. you can tell me a few things and then mar-a-lago changed all of that. gonna run so long as the legal walsh kept closing, and i think mar-a-lago was the most significant thing that could have happened to make him just begun ignorant. look at the voters. the voters were at the point where they were ready for him not to run.
They need. both physically and emotionally because we all know this is a lot of emotional turmoil as well. in dealing with all of this. megan fitzgerald, thank you, stephanie, thank you as well. all right, let s talk to the president. now in japan, after wrapping up a three-day visit to south korea, all a part of his first presidential trip to the region. biden addressing, stretching out should say both economic insecurity partnerships and south korea. meeting with u.s. troops in a u.s. airbase south of seoul and appearing with hyundai ceo earlier today. who unveiled a 5.5 billion dollar tech investment in the united states. mike memoli is following the president in tokyo joining us now. mentally, as always, good to see you. talk to us more about the president of south korea versus first and foremost and what else we can expect in japan? yeah, yasmin, good to be with. you were continuing to really see president biden on the strip. working on two tracks. two parallel tracks. on the on