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the couple used to communicate while he was in jail. dude, relax. rhode island set to become the 15th state to decriminalize marijuana. no big fines, no jailtime, nothing on your record. and other states are noticing. we ll talk with a state representative from rhode island about the growing nationwide movement. plus this. oh, you remember the kid who played darth vader in the volkswagen ad. this week, he goes in to have open heart surgery. 7-year-old max paige. this hour, we ll hear from his parents as we all say may the force be with him. newsroom begins right now. and good morning to you. i m carol costello. thank you so much for joining me. we begin this morning with one of the most respected men on wall street and his bank s jaw-dropping blunder. in 60 minutes, jamie dimon appears on capitol hill to say jp morgan chase s multibillion dollar loss is an isolated event. but those risky investments are reviving the debate over toothless banking regulations an ....
Litany of things that young people should do, borrow money from your parents, i think an understanding or some sort of feeling that mitt romney has, everybody has access to capital. come on. let s not nit pick this too much. everybody borrows money from their parents. there are a lot of dotcoms in silicon valley where a lot of folks borrowed money from their parents. from my poirnts, i borrowed $10. i think to put it into context for someone to sit there and say, oh, mitt romney saying let s borrow money, that s not fair. that s not fair. this is why it is fair because this is after mitt romney has said things like go to the cheaper school, the government s not going to help you with your debts. he s not afforded any sort of ongss. i m not going to own that. i m not going to sit here and defend him when he talks about nascar owners. i m not talking about nascar owners but his programs for student loans, the paul ryan budget. we re trying to paint a ....
Manhattan. the population has doubled and it s become much more of a 24/7. aren t there more businesses than there were prior. more businesses, some of the existing businesses didn t survive. some in congress worked very hard to get a lot of help for businesses there. we succeeded for some extent. we got grants, not just loans, which was unprecedented at that time. a lost businesses have come throe. a lot of new businesses are locating there. it s become less just the financial center. now it s a publishing and a lot of dotcoms, a lot of other businesses, which is very good. a lot of people living there. a lot of new school kid, a lot of new schools. downtown has come back very strongly. the second is obviously, people are talking about. the second is that we ve become somewhat immuned to living in a permanent state of some threat. in the back of your mind you ....
Going to be about $1,200 an ounce. in my wildest dreams i was hoping it would get above $700 an ounce. i never thought we were going to go up this high. reporter: he s been in business 22 years. he s never seen a market like this one. all of a sudden, people are looking into different investments. people are scared of the stock market. people are scared of their low interest rates they are receiving so, therefore, some a portion of that money is definitely going into the hard assets, which is gold, silver and platinum. reporter: people are scared. all over the world you see this rush to buy gold. they sell it at harrods department store in london. incredibly, there s a gold to go machine dispensing bars in the lobby of a hotel at abu dhabi. that s a little crazy and maybe, maybe it s a sign that gold, like dotcoms and real estate before it, has become a bubble. and it could burst. i have no idea what is driving it except the kind of wild, and i think somewhat misguided, hyste ....
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