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prewashing and removing stuckon foods, the first time. Wow, thats clean new Cascade Platinum. Paul firefighters in california battling several major blazes across the state including the largest wild fire in its history. Montecino complex is larger than City Of Los Angeles and Officials Say it may not be contained until september, President Trump seized on the issue earlier this week, the californias Environmental Policies have exacerba
regulators are i should say not all, sheila was a voice, all regulators taken as article of faith that america can t live without this big bank, that it has sob saved regardless of any real analysis. paul: hon that point, how do you prevent from getting there again? the banks are making a lot of money to start reducing the taxpayer safety net. you don t want to jar the markets, it wouldn t happen in 24 hours, it would happen over time where you start eliminating the explicit benefits and part of that is created in dodd-frank law of 2010 essentially of cotification which is now clear that before the crisis instead of protecting the bank and depositors where too big to fail
lead analysts at morgan stanley, the main underwriter for the facebook ipo, received privileged information about the company, information that they didn t share with retail investors. finra, the financial industry regulation authority, regulatory authority, the u.s. senate banking committee, and the commonwealth of massachusetts have all announced probes into the matter, and that was quickly followed by a lawsuit filed by some investors against facebook and its ceo, mark zuckerberg, alleging that both withheld material information from investors during the ipo process. now, specifically, they re talking about forecasts that revenue would be lower in 2012. facebook tells cnn, by the way, that the lawsuit is without merit. ron gefner is a former s.e.c. investment attorney. henry blodgett is the ceo of business insider, a website. back in 2003, henry handled a civil charge with the s.e.c., banned from the securities industry. he s a good friend of our show. and i say this becau
from investors during the ipo process. now, specifically they are talking about forecasts that revenue would be lower in 2012. facebook tells cnn, by the way, that the lawsuit is without merit. ron is a former s.e.c. investment attorney. henry blodgett, ceo of business insider, a website. back in 2003 henry settled a civil securities charge with s.e.c. he was banned from the securities industry. he s a good friend of our show. henry, i say this because it s relevant to our discussion. you probably know more about this now than most people do. unfortunately. if no laws were broken, no regulations breached, and it s quite possible that s the case, this still has some kind of stink that makes investors think the system is stacked against them. that s right. this highlighted a set of rules that really are grossly unfair to individual investors. it was similar in my case. when i got in trouble analysts working closely with bankers and ipos after the dot-combust. that s ludic
the search continues for a missing girl. please get somebody over here. the 911 tape and father s calm call to police. the high profile search intensifying. plus this jpmorgan is one of the best managed banks there is. jamie dimon, the head of it, is one of the smartest bankers we got. president obama going on the view stressing why it s important for wall street to clean itself up. this hour shareholders are getting together in tampa. will they fire their dimon? busted at the gate. a security guard at the new york airport accused of using a dead man s identity for the last 20 years. he had access to secure areas, supervised 30 guards and could walk scot-free through metal detectors. newsroom begins right now. good morning to you. i m carol costello. we begin this morning in mississippi where there s a killer preying on motorists and even more startling, police believe the shooter may be posing as a cop. it s a chilling theory to explain the killings both with