Page 228 - Chris Dodd News Today

Able to be upheld and sold them downstream and ensured themselves -- and not one of these guys have gone to jail and they ought to. >> you forgot one step. the government in this country, under jimmy carter, and down to bill clinton, they forced these banks to lower their standards because in the liberal mind everybody should own a house. >> but goldman sachs, they should be out of business, too. force them to lump them together in securities. >> if anybody ought to be in jail it ought to be bar...

Able to be upheld and sold them downstream and ensured themselves -- and not one of these guys have gone to jail and they ought to. >> you forgot one step. the government in this country, under jimmy carter, and down to bill clinton, they forced these banks to lower their standards because in the liberal mind everybody should own a house. >> but goldman sachs, they should be out of business, too. force them to lump them together in securities. >> if anybody ought to be in jail it ought to be bar...

to the rest of the country? >> i would. >> romney has flip-flopped on some of the issues. >> i wont change my mind. >> meanwhile a controversy is developing after a supporter of governor perry was recently quoted as calling his mormon religion a cult. that happened on fry by ref jeffers. >> do we want a conservative out of deep conviction? do we want a candidate who is a good, morale person, or do we want a candidate who is a born again follower of the lord jesus christ? rick perry is ...

to the rest of the country? >> i would. >> romney has flip-flopped on some of the issues. >> i wont change my mind. >> meanwhile a controversy is developing after a supporter of governor perry was recently quoted as calling his mormon religion a cult. that happened on fry by ref jeffers. >> do we want a conservative out of deep conviction? do we want a candidate who is a good, morale person, or do we want a candidate who is a born again follower of the lord jesus christ? rick perry is ...

were overly vague and allow them to develop their own plans? >> what is the methodology that each servicer will use to ensure that every single borrower in district is identified going forward? i know this is a lot. you get the drift. >> the engagement letters are being developed. they will be carefully reviewed. >> do you have a timeline? people are losing their homes. cracks the letters are being reviewed. the process is already under way. they are already reaching out to find people...

Thats a lousy number. >> neil: you talk about corrections in the markets, and these guys have crashed. >> bank of america, last i looked, $5.35 a share. thats penny stock land on wall street. pension funds cant own it at $5 a share. this is a big thing on wall street. these shares are getting crushed. >> neil: what are they worried about? whats the concern? >> well, if you have to exit certain businesses that dodd-frank calls for, you have to -- >> neil: dodd-frank is the big financial reform. >...

all. what happened? >> what a trading day. over a 4 home run-point swing, down as much as 250 points for the dow, but weve made a major turnaround in the final minutes of trading. the dow closing up 152 points, a gain of 1.5%. by definition, on an intraday trading basis we did see the s&p 500 dip into bear market territory. by definition thats a 20% or drop or more from the highs back in april. we saw that happen, fell below there, and rallied back in the final minutes of trading, perh...

Beans. average age seems to be 22 to 25. >> there is a lot of anger these days against american corporations. its been coming out lately against big banks and against big banks getting bailed out. ever since 2008 there has been, its been on both side of political spectrum but conservatives hated it and liberals hated it. it was very interesting mix of politics make for strange bedfellows and lately there is a lot of people upset of bank of america for had debit card fee. >> they charging $5 a mo...

friday including the al-qaeda leader in yemen, anwar al-awlaki. drone is a deadly and very precise weapon in americas powerful arsenal. we could see a whole lot more of it in the near future. steve is live in washington with more on that. hi, steve. >> reporter: president getting his share and criticism in the wake of that drone attack that claimed the life of an al-qaeda operative, anwar al-awlaki. he is the american born cleric linked to terror attacks in u.s. he was killed friday by...

Know him, maybe theyll warm up to him a little bit. but they know they have to simply perform better in the next round of debates. there are two, at least it looks like on the schedule for october. and he has got to -- he has got to not throw up all over himself. and then youre going to -- and this is the dangerous part for mitt romney. okay. we were in this space with hillary clinton and barack obama where everybody was like, boy, obama didnt bring anything to these debates, hillary clinton sta...