Down now more than 19 from the 52 week high in january as it inches to bear market. How much worse can it get for the banks . What does it mean for broader markets. Great to have you back, mel. Thank you. Listen in the spring, summer, i tried to make a bullish case for banks on valuation, price to book at a certain point maybe you spay ner cheap but maybe wrong to defend them i would say early fall i started to say maybe things arent as rosy for banks this is what you have to ask citi Bank Reported in the middle of october tangible book give or take was 62 stock is trading 56 today Goldman Sachs, same type of thing. 186 tangible book. Trading 175. If the environment is so rosy for banks why are two of the biggest trading south of tangible book . Thats a problem i thought for a while that Deutsche Bank is this generations sort of bear Stearns Lehman wrapped up in one. If it was u. S. We talk it every day. But that its not we talk about it a couple times a we can now is the citi Bank Exp
smith s wife, shana witt, was convicted in august of suffocating the boy with a stuffed animal. when she returned to her bedroom to tell smith what she had done, the two had sex and smith later fixed lunch. during that time smith says he never checked on his son. smith: i thought she was lying to me that morning. randy krantz: you didn t believe her? smith: no. when smith finally realized his son was dead, he still didn t call for help. instead he says his wife insisted he clean up her meth lab. he then called 9-1-1 and told dispatchers that his son had just stopped breathing when in fact the child had been dead for hours. after being arrested prosecutors say smith fully cooperated in building a case against his wife, who received 52 years in prison for murdering her son. while smith wasn t involved in the murder, he received a four-year sentence tuesday on drug and child abuse charges. randy krantz: we did feel very strongly that mr. smith should be held accountable f
unanimously to move forward with the next planning steps for a proposed wind farm. wdbj7 s noell saunders joins us now with an update from tonight s public hearing, tonight several expressed their concerns from wind experts to county leaders. even neighboring rockbridge county had some questions. a packed room with a lot of concerns about virginia s potential first commercial windfarm. botetourt county board of supervisors opened the floor at tuesday s meeting to anyone who had questions or statements. most of time not all the time but most of the time localities are left worse off then when they started i don t have a problem with it, if they want to set one up in my yard they can set one up in my yard the developer, apex clean energy spoke on the project it s calling the rocky forge windfarm. the company says it is going through all the necessary steps and rules in order to build it. the botetourt ordinance was very thorough on what studies was required of us and we al
to the very first republican debate, comoderated by yours truly. apparently, megyn kelly is really, really scary. bernie sanders and hillary clinton campaigning seriously in the final handful of days before the iowa caucus. monday night, it s all in your hands. no pressure. 24-day standoff between an anti-government group and the fbi came to a deadly end. one group leader is dead and custody. life is returning to normal in the eastern united states. it was impossible before. in film and on television for decades, character/ookactor abe vigoda died at the age of 94. i only do movies i know i m going to have fun. world health organization smoke in a cabin. all that. peyton manning hinting the super bowl might be his last game. this might be my last rodeo. for the win. it s in! virginia has stunned wake forest. oh, my! and all that matters. who got better grades in high school, you or the president? it s not even close. i mean, barack fooled aro
u.s. 220. a family member reportedly dumped soiled linens and bedding here. and that s exactly where the infant s body was found. rocky mount s assistant town manager matthew hankins says an autopsy result will determine what happens next. the patient is still hospitlized as i understand it, there have been no charges placed at this point. but if the death could have been prevented, hankins says there are other options for expecting mothers. all it takes is reaching out. there are churches and other individuals that can help in this sort of circumstance. if it does turn out that there was something more at play, hope it s not the case. certainly not indicative of rocky mount and what we know of our community. rocky mount police are working closely with the franklin county commonwealth attorney s office to determine what charges will be filed. again, they will likely be determined when the results of the autopsy are revealed. wdbj7. forecastbig-time rain today falling all acro