next. gerri: well, we are back over 12,000 and investors are buying stocks hands over 50 but not everyone is sanguine but these difficulties in europe are impacting the u.s. economy. that will continue to play out. but berlusconi is out. we have new leadership. and italy paying much lower interest open the bonds floating into the marketplace. so, good news. trace: but the trouble in europe is hitting home with mf global run by corzine that is now bankrupt and now most employees have been fired. gerri: they have 1,066 employees they let get. some heard about it by television. folks not happy and it is creating other problems. that is because when you let the people go the employees are scattered to the winds and who are the bankruptcy trust yankees
letter to senator charles grass re. quote the fta makes every effort to interdict weapons that have been purchased illegally and prevent their transportation to mexico. today brewer appeared before senator grassley to explain why he never spoke up, never admitted the agency ever walked guns even when atf whistle blowers went public and insisted that in fast and furious they were told to walk guns, and instead of supporting them the atf and justice officials said they were lying. today brewer said he made a mistake. i regret that in april of 2010 that i did not draw the connection between wide receiver and fast and furious. and moreover i regret that even in early earlier this year that i didn t draw that connection. reporter: many in congress find brewer s story implausible. here is why, in april 2010 when he learned about operation wide serve he was also being briefed on fast and furious, and
sheet we would be downgraded. megyn: you guys are telling me we ll have a lot of market problems and financial problems here if we let it happen, so which is worse? what needs to happen is for the germ answer and europeans to understand that they have to anyplace they didn t anyplace this in the bud. they have to stop this now as opposed to letting this dragon. the germ answer could have written a check, it could have been 200 billion, later 350 billion they could have stopped the bleeding. there is a consensus in germany that we are not bailing out greece. greece is such a small economy, it s not a greece story it s a contagion, about what could happen, first greece, italy, portugal and spain. we have to stop it in the bud so it does not make its way over to the united states. there is this bail out fund. so far the u.s. has not tapped to contribute to it. the big question mark is will china and some of the others. that s part of the problem with the entire bail out plan is wh
megan wright. they say a phone call was made from jeremy or deborah bradley s phone to you at 8 or 8:30 on the night in question. this megan wright says i don t know them. i don t know why they d be calling me, but i have a community phone, i live in a house with seven other random people and it could have been made to any one of them. what is going on here? you know, megyn you talk about a bizarre twist, already a very bizarre story. a lot of stuff is discernible through electronics. put aside what people say and act. the fact of the matter is that either phones are working or not working. sometimes phones can allow you to call out for a 911 call for an emergency. they are not going to let you squeeze out a 50-second call to some member of the community. megyn: they will not allow that. that s very easily discernible. the other thing this woman receiving, or someone in her home, one of the eight people, including her, receiving the call, you know, it could also be
matthew mccall. i see them rioting in grease, i think it s bad, you know, i m told it s because the socialist measures in that country are falling apart, they are not working, people will have to pay more, they are upset. okay it s interesting. why do we actually care, laurie? europe was going to bail them out, and our markets liked it, and now they may not and our markets don t like it why. markets are extremely volatile, that s for sure. your previous story mf global run by john corzine going belly-up because ever its exposure to the european sovereign debt crisis. again that is what it is. megyn: we buy in the european economies. exactly and mf had a whole bunch of it. there are a lot of firms similar to mf. it s considered a medium sized firm. there are a lot of other firms that size and you have what you call systemic risks. if mf global goes under on a bad trade with europe maybe some other u.s. based cop companies