all the major indices took a tumble suffering the worst one and two-day drops in two months on wednesday and thursday. that led to a fall in the price of treasuries. investors are preparing for the fed s eventual winding down of the bond-buying program. also driving up concern on the street, a key earnings disappointment from walmart. the nation s largest retailer, largest employer, citing weaker sales and cutting its outlook for the year letter bellwether cisco warned uncertain demand for technology products, that could to cut as many as 4,000 jobs, 5% of the workforce. it wasn t all bad. fewer u.s. workers are being laid off. the weekly count of initial claims for state unemployment benefits dropped to the lowest level since october of 2007. charges have been brought up in the jpmorgan chase london whale investigation. manhattan u.s. attorney has brought conspiracy and wire fraud charges against two former traders known for outside derivatives bets that led to a $6 billion
all the major indices took a tumble suffering the worst one and two-day drops in two months on wednesday and thursday. that led to a fall ithe price of treasuries. investors are preparing for the fed s eventual winding down of the bond-buying program. also driving up concern on the street, a key earnings disappointment from walmart. the nation s largest retailer, largest employer, citing weaker sales and cutting its outlook for the year letter bellwether cisco warned uncertain demand for technology products, that could to cut as many as 4,000 jobs, 5% of the workforce. it wasn t all bad. fewer u.s. workers are being laid off. the weekly count of initial claims for state unemployment benefits dropped to the lowest level since october of 2007. charges have been brought up in the jpmorgan chase london whale investigation. manhattan u.s. attorney has brought conspiracy and wire fraud charges against two former traders known for outside derivatives bets that led to a $6 billion lo
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park s stalker, on valentine s day or any day, mike barnicle. it s getting warm enough. it is getting warm up. the problem is he s got the reflector shades on, and they steam up. when it s this cold outside, they steam up and he can t. it s hard. when it s cold, it s easier because i can wear the scarf across the lower. that s just gross. ski mask. ski mask. whoo! you see his picture in a lot of 7-elev 7-elevens. also, steve rattner. in washington, director, president and ceo of the woodrow wilson international center for scholars, jane harman. jane, thank you so much for being with us today. thank you, joe. greatly appreciate it. happy valentine s day. happy valentine s day. willie, i m so glad jane s here by the way, mika s in the south of france. we re going to be talking about obviously leon panetta. boy, a blistering attack against congress. can t wait to talk to jane about that. also, john mccain s changing his tune. we praised him yesterday. so
neck out. i want to commend speaker boehner for listening to the american people and for leading. for the house of representatives to stand up and vote to defund obama care is a tremendous victory. if and when we win this fight it s going to be because house republicans have stood up and showed the courage that they are showing right now that they don t stand up. the house is the one branch of government that the republicans have a majority. okay. good morning, everyone. it s friday, september 20. welcome to morning joe. with us on set we have msnbc and time magazine. are analyst mike halperin, eugene robinson on the set with us. former treasury official and morning joe economic analyst ste steve rattner and john mecham. we ll be talking about the pope in just a second. also new information on the potential motive behind the navy yard shooting and the effort to defund obama care, mark halperin we ll get to that in a second. how would you characterize where that stands