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debt problems. let s bring in our chief business correspondent ali velshi who is watching all of this. we re about to know any minute now, ali, how much the stock will go for. bottom line is they could take hours. we think it will come out very, very quickly. the top of the range is $38, all indications are that facebook is oversubscribed. there are more people who want to buy the stock than there are stocks available and as a result they re going to the high end of the range and they can go higher, but we re thinking about $38 and that is the price at which institutional investors will get it. that s not the price that retail investors at 9:30 who want to buy it are going to get it. it s important to understand. look at that loss on the dow. that s got nothing to do with facebook. that has more to do with what s going on in europe and the average person, greece has more to do with your economic life than facebook. there will be a whole bunch of people who will get a ....
those who labeled him an immigrant and a tax cheat are wrong. we begin this evening with an important lesson in attack politics. a plan no matter how controversial or audatious is useless unless someone is willing to bank roll it. at the moment, no one is willing to pay the estimated $10 million price tag to implement this plan. the defeat of barack hussein obama but think again. i repudiate that effort. i think it is the wrong course for a pack or a campaign. i hope that our campaigns can respectively be about the future and about issues. you heard governor romney there. implementing this campaign. this is about the president s past, more specifically, his two decades of attending the chicago church with the controversial pastor, jeremiah wright. he want us to sing god bless america, no, no, not god bless america, god damn america. that s in the bible, for killing innocent people. now, in the pitch trying to sell this plan to a superpac, gop ad guru wrote, wh ....
the banks that were too big to fail are bigger than ever and still making multimillion dollar bets. i m wore blitzer, you re in the situation room of . the latest skirmishes are being fought on college campuses with both president obama and mitt romney but neither candidate is saying much not saying much at all about same-sex marriage. our chief white house correspondent jessica yellin is joining us from new york so. jessica, what exactly did the president say when he addressed the graduates today? reporter: the president had a real message of empowerment and a little bit of politics. from president obama a message to female graduates that equality can be theirs. it is simple math, today women are not just half this country, it s half its workforce. reporter: if they work for it. don t just get involved, fight for your seat at the table. better yet, fight for a seat at the head of the table. reporter: wonder if this is part of the campaign s apile to women ....
with president barack obama and apologized to the president for hitting him in a tough position. biden spoke out on meet the press about gay marriage saying that he is comfortable with same sex couples having the same rights as heterosexual couples. biden s spokesperson said that the president has been the leader on this issue since day one and the vice president never intended to distract from that. once president obama voiced his support it was all anyone was talking about. here s what romney said after the president s interview when romney was asked about his position. i have the same view on marriage i have expressed many time. marriage is between a man and a woman. keeping him honest back when romney was running for senate in massachusetts, romney positioned himself as the gay rights candidate. he met with the log cabin club in massachusetts and in a letter dated october 6, 1994 wrote, quote, i am more convinced than ever before as we seek to establish full e ....
we begin this evening with two important political disputes. one of them a fascinating family feud. president obama out on the west coast fundraising. his team believes those efforts will be helped by the news he supports same-sex marriage. behind the scenes at the obama white house, a rift with the vice president for forcing the president to speed up that announcement. jessica yellin has just learned new details. the vice president just trying to make up by going into the oval office and saying, i m sorry. that s right, john. i have learned from senior administration official, the vice president, went in and apologized not for the position he took but for putting the president in a tough position. the president with a very understanding rely as i m told saying essentially that he knows the vice president is speaking from the heart. you can imagine that conversation. and in addition, the vice president s office has put out an official statement which fits inside a twi ....