claiming responsibility for twin bombings that killed at least 55 people in the capital city of damascus. experts warning those al-qaeda style tactics could turn syria into another iraq. i m jamie colby, i ll send you back to bulls and bears. keep it right here on fox and foxnews.com for your latest headlines. brenda: calls for more regulations mounting in washington as one of the biggest names suffers a massive loss on a bad bet. john, you say the cure is only going to make things worse? brenda, any cure prescribed by washington is probably a bad thing. the way i look the at it, the consumer is the most hurt when you have government regulation come in and cracking down more and more at the end of the day, the consumer is the one that gets hurt. this rule has been in effect already and we see already that the 2 billion dollar loss. so, it hasn t helped and adding on top of it, i can t
he s the one asked by bear stearns to buy mutual, he was the one poo-pooing the london stories a month and a half ago saying they were a tempest in a teapot, martin, and six months later, a billion dollar loss, maybe another billion on the way, and jamie diamond doesn t look so smart anymore. the senator republican from tennessee says taxpayers need to know if they re protected from any potential losses. are they? at the moment, jp morgan did take $10 billion of t.a.r.p. money or 20, whatever it was. 20. they paid it back with interest and a warrant that made a profit for the treasury. but look, you know, they are clearly a too big to fail bank, they clearly are able to back up to the fed and get their short-term financing if they need it. i mean, we have to know more about what these companies are
they are just like our children. i believe there are other ways to handle situations where dogs or other pets could cause a nuisance. i think we need to attack those problems instead of punishing people who aren t doing anything wrong. the leckers say it has gotten so bad. they have put the house on the market. they are expecting to take a 15,000 dollar loss so they can keep their dogs. so far wausau officials not responding. i can see they want to keep a limity on things. that s why some of the laws are put into effect. on the other hand, they have four dogs. haven t caused any problems. two of which are 13 years old. sad tlir not going to be around that much longer. you would think they could compromise and figure out a way to allow them to keep their dog and their homes. we would like to hear from city officials if they would make an epxception or change tht ordinance. an interesting one.
the pentagon says it s because there isn t a proper long-term detention facility in afghanistan. about 200 people are taking part in the peaceful protest against the killings in a neighboring province. u.s. defense secretary leon panetta is on his second day of his visit to afghanistan. around the time he was scheduled to arrive, an afghan national stole a vehicle and drove it on to the runway. the car crashed into a ditch. the driver later died. nato says panetta was never in danger. myanmar state television broadcast a campaign speech by pro democracy lead yee yeer ann sue chi. she called for reforms and media freedom, but they say some criticisms of the ruling punta were censored. the broadcast marks the first time myanmar s government has aired a speech by su chi. world business today starts right now. good morning. from cnn london, i m nina dos santos. and welcome to world business today. the top stories this thursday, march 15th. and also great for britain.
governments, they cut a deal to secretly take euros out of the greek treasury, convert them to yen, convert them back to euros. this is through some fancy derivative action. goldman takes a multi-billion dollar loss. the greek government gets a gain. there s no deficit in the greek treasury. it s only 3%. the greek economy looks good. goldman doesn t take billions of dollars in losses. it s a scam. it s a fraud. they ve cut a secret deal to get that money back and then some. and by the way, fraud ain t cheep these days. goldman charged about $300, $400 million to pull off this scam, the problem is but, again, and goldman s not here to represent themselves, but have you addressed these accusations to them directly? oh, indeed, i have. remember, i worked for bbc television. we do investigative reporting. i don t think it s legal under patriot act four in the united states, but we have to go to goldman sachs. believe me, they have a right to reply. i ve called them. i ve actually st