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CNN CNN Newsroom With Jim Acosta July 6, 2024



an emergency rescue. the move is aimed the mat halti investors panic. turmoil swept the global banking industry. now credit suisse lost 25% of its shares despite a $50 billion l loan. gina, will this ubs move to halt the panic, will this work? good question. it certainly should help to secure some amount of comfort in at least europe about whether we were going to see an orderly resolution to credit suisse. i think this was hanging over markets. there s a lot of rush to get this done before asian markets opened. the fact they ve successfully done that i think should inject some amount of sense of comfort that these sort of things can reach a time lly resolution and authorities are on top of these problems. and how are the problems at credit suisse different than doomed the two others that failed last week? the think credit suisse s problems were many and predated a lot of the fed s moves. we had seen scandals in credit suisse and problems in their banking arm. we ....

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CNN CNN Newsroom With Jim Acosta June 4, 2024 20:04:00

Questioning what happens to the rest of these regional sized banks, are people going to be nervous about banks sit ogin a lot of unrealized losses or banks that have a lot of depositors? is this sort of merging of two global behemoths, is that enough to make everybody feel comfortable sitting in bank stops or do we continue to see outflows this week? we re going to have to wait for the open tomorrow to know that for sure i think. based on your reporting, are we past the worst of it right now? i think most people i talk to are still at the point where they re saying that s pretty much tbd, to be decided. they re not actually sure yet. it does seem there is still some jitteriness, certainly among depositors. and everyone is waiting to see whether people will see comfortable over the extraordinary things we ve seen ....

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Detailed text transcripts for TV channel - MSNBC - 20190214:20:05:00

Something for it? we get 25,000 people who buy things and pay taxes, yes, no? or you re saying they were buying things and paying for other things. the first answer is new york city doesn t have not an employment problem. we have a housing affordability problem and we should fix that problem with municipal policy. number two, i think it s important to say amazon already has a presence here. they have 5,000 jobs in, no. they have 25, 00 jobs at a fulfillment center in staten island and more in manhattan west in a big office that they lease two entire floors of. they re going to expand in new york city anyway and it s good for small companies, medium-sized companies, large companies, global behemoths to expand in new york city, right? it s a good thing for the city to have. but what the city should be doing is building the best possible new york for every citizen from the lower class, the upper class and expect the people that l want to come. companies will want to come to a ....

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Detailed text transcripts for TV channel - MSNBC - 20190214:20:07:00

As a result they have thousands of physical locations that they ve done all the due diligence on. and out of that they ll make all kinds of decisions about we re going to have a latin american hq here, fulfillment centers here, here s where the cutting edge r&d stuff will happen. they know which cities will work for that so this is one little move in a larger chess game they re playing. but when you look at it, to some degree there s a question about whether we talked to the state senator in new york who was opposed to this thing who was going to be the one to put the nail in the coffin, amazon did it themselves. but he said amazon s not bigger than new york city. maybe blustery but there s some question about whether amazon is bigger than these cities given what it is able to extract from cities. it s true. the extractive economy of courting these companies has become a real drag on a lot of cities and i think you and derek were making an interesting point ....

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