When the buyers shares about guyer that tells you the market approves of the deal one of the main reasons why all three major averages had record closes today dow gaining 191, s p jumping 0. 57 and nasdaq 0. 23 you have to wonder why they took so long. Eliminating commissions on trading, well, theyre going to make it on credit balances that forced the rest of the industry to follow suit. Because the others made a lot of money from commissions their stocks were clocked. But Charles Schwab took advantage swooping in to buy Td Ameritrade for 26 billion and now they have 5 trillion under their belts. House of pleasure i remember goldman debated it schwab is less than 20 billion from you and gaining on you. Very to wonder if schwab at this point has a Better Business model for the future particularly for millennials unless the apple credit card turns out to be huge goldman has catching up to do and could double its assets and still not come close to the new schwab a lot critics worried abou
in vegas. in a shout-out gotcha type of question that was asked of me i answered candidly. i know my american history. oh, i didn t it was a gotcha question. what was the question again? a gotcha question. i m going to repeat it. what have you seen so far today and what are you going to take away from your visit. here s the thing. it doesn t make it a gotcha question. it doesn t make it a gotcha question just because it got ya. wow. good morning, everyone. it s tuesday, june 7th. look at that shot of the morning in new york city. with us on set, national affairs national new york magazine john heilman and former chairman of the republican national committee and now an msnbc political analyst, michael steele. really, guys? willie and joe. it s every headline. stewart and colbert were on last night. i challenge anyone that table to keep it together. whoa. obviously on the front page of the papers today, it s huge news. a lot going on. you know what?