Rogers weve had 29yearolds making 1 million a year, expecting to make 2 million the year after that. Diana ferry but if youve got plastic money, theres Nothing Holding you back. History will prove the bakkers were honest people. Reporter Insider Trading could become wall streets watergate. Pauley what do we call greed the day before an indictment . Im afraid recently, weve called it success. Robinson the u. S. Economy, which used to be the envy of the world, is in the most serious trouble since the Great Depression. Inflation is rising while our standard of living is declining. Thomas there was tremendous inflation and not much growth. The country was not in a Great Depression in 1980, but the United States was in the dumps. Dobyns on wall street, it was cold, gray, wet, and miserable. There was no comfort to be found outside. And for investors, there was not much inside, either. The tickers carried almost nothing but bad news. Mclean wed come off a terrible decade for investing. Peopl
hello everyone. i am alicia menendez. a new hour of american voices, and we begin with breaking news. just hours ago, a third on and fight object was shot down over north america. canadian prime minister justin trudeau tweeted that norad successfully downed the using a u.s. f-22 fighter jet. the prime minister also announced the canadian and u.s. forces will work together to recover and analyze the objects wreckage. short time ago, the pentagon issued a statement saying that president biden spoke with prime minister trudeau, authorizing u.s. fighter jets to work with canada to bring down the kroft. the statement also reveals that the u.s. detected the object over alaska late friday night, and continued to monitor it as it crossed canadian airspace. now, at any moment, we expect an update from canadian authorities about the situation. joining me until we get that visual out, nbc s dan de luce live in washington. dan, i ask you to flag us, as you had new reporting, rolling in
his business ventures here. thank you for the reporting. thank you. new day continues right now. good morning to viewers here in the u.s. and around the world. it s thursday, october 27th. and i m brianna keilar with alex marquardt this morning. nice to be back with you. it s great to have you here. john berman is off this morning. beginning with developments in ukraine where battle lines are being drawn in the southern city of kherson. ukraine says russia continues to move the occupation administration from kherson but is enforcing the city with newly mobilized recruits that ukraine s military suggests are being used as cannon fodder. more than 70,000 civilians have left the city as fighting increases. and a russian military strike in zaporizhzhia causing some damage, and power grids. cnn also witnessed a prisoner exchange, including the remains of an american fighter who traveled to ukraine to fight alongside the ukrainian troops. clarissa ward joins us from
he had thrifts in california. his tentacles sprayed out to several states, so he was able to call on congressmen and senators like that and say, hey, get these dogs off my back. this morning, the s&l crisis goes to capitol hill. the senate ethics committee is looking into charges against five senators accused of intervening with federal banking officials on behalf of s&l owner charles keating. the so-called keating five are republican john mccain and democrats alan cranston, john glenn, donald regal, and dennis deconcini. the keating five reportedly received a total of $1.3 million in campaign contributions or donations to favorite causes. former bank board chairman edwin gray says the senators tried to subvert the regulatory process. i was told to come alone. i did. kroft: did you find that unusual? [ scoffs ] absolutely. never happened before. the whole time i was in washington, i never saw that. no witnesses? no. no witnesses.
and they re all on the s&ls books. there s something wrong about the savings and loan industry today. and it isn t me. charles keating was a lawyer who got into banking and was able to buy a savings and loan. kroft: when keating bought lincoln savings and loan of irvine, california, he used it as a private piggy bank for his own ambitions, like the phoenician hotel, which cost $500,000 per room to build. that hotel is a magnificent investment for savings and loan s dollars. no question about it. the real problem is, when our appraisers looked at it, they said, eh, it s not such a bad hotel, but it s worth $200 million, not $300 million. pizzo: bill black was one of the chief regulators at the federal home loan bank board, who was really the guy who spearheaded going after keating. black: we discovered likely fraud just really basic things that no honest bankers would do. the examiners looked at 52 real estate loans