Page 107 - Circuit Breakers News Today

Even though hes caught in the act. the neighbors still like him and think hes cool. >> a life of crime, kitty, you go for it. united airlines passengers could face delays or canceled flights today because of emergency maintenance on the companys fleet of 757 jets. >> the planes are being pulled out of service for more than an hour while inspectors take a look. lisa stark has more from washington. >> reporter: the problem is with united airlines boeing 757s, 96 planes in all. back in 2004, the ...

I dont get it. i just dont get it. >> i know the government means well and tries to deal with these things and tries to prevent a crisis. its intentions, believe me, i think theyre always good. what happens, though, is i think we just prolong the agony. is this like circuit breakers on wall street? let cooler heads prevail. but i think that the same selloff you would have seen in an hour you see over the course of like a week or two weeks. it doesnt get away from the reality that its a bad thing...

In your home. if they pursue cap-and-trade this would also allow them to say you used too much energy this month and you cant access the outlets in your home. >> glenn: maybe, maybe not, we dont know. thats what congress is looking into now. they asked alfred m. poller, the general counsel for the federal housing finance agency to explain why a mortgage company would need or want a pat -- patent like this. >> alfred wrote to me and said, "the device prevents unauthorized or unqualified personnel...

In your home. if they pursue cap-and-trade this would also allow them to say you used too much energy this month and you cant access the outlets in your home. >> glenn: maybe, maybe not, we dont know. thats what congress is looking into now. they asked alfred m. poller, the general counsel for the federal housing finance agency to explain why a mortgage company would need or want a pat -- patent like this. >> alfred wrote to me and said, "the device prevents unauthorized or unqualified personnel...

The indictment dismissed on grounds that he was tortured while in c.i.a. custody and deprived of rights. now, ghailani is charged in connection with the bombing of the u.s. embassy in kenya. >> the head of six security exchanges will meet today to finalize rules designed to prevent last weeks market chaos from happening again, remember when the market dropped 1,000 points. so far, they reached a preliminary deal on the system of circuit breakers that would stop trading if a stock reached a certa...

Halted trading while others continued throwing off the balance of the markets and setting off a chain reaction of electronic orders to sell. but thats like the, i dont know the sixth explanation they have given, gerri willis. the major exchanges have already agreed to certain changes? >> yeah. >> shepard: things, well, all as a result of this. tell us about it? >> we are talking about circuit breakers, which is the pause that refreshes, stop trading for 15 minutes, if the markets fall 5%, an hou...

>> they were talking about changes potential changes with rules and regulations in the wake of this. >> this afternoon, the major exchanges promised to write a uniform set of rules on circuit breakers so if a stock drops a certain percentages. the lows could stop across all exchanges. some say electronic trading and market technology means trades happened too quickly and make problems word. traders say it makes the market more efficient. >> shepard: anybody with a fidelity account, thats how peo...

Talk about heartbreak hill, they hit it a long time ago. today you had us a these guys get together to hash something out and, lets fix it. i hope we can somehow start to avoid this kind of stuff. >> neil: presumably, charles, wall street has been trying to be on the best behavior. so last thursday is an aberration or a sign that when the cats away, computers will play. >> thursday might have an example of even the best intentions dont work out. all of the people said it was the circuit breakerr...

Im julia boorstin with your market wrap. a huge rally for stocks after euro zone nations agreed on a rescue package. dow jones industrials soaring 405 points and s&p jumping 49 points and nasdaq finish 109 points higher. 16 european nations signing off on a $1 trillion effort to stop the greek debt crisis from skyrocketing. financials led the way with bank of america gaining nearly 7%. general electric shares climbing nearly 7% as well. ge is the parent company of cnbc and msnbc. home builders a...

Of my 10% was back. what if i owned procter & gamble, the gigantic loss, 3m. someone made money on that. >> the public deserves an answer as to what happened and they deserve coordinated circuit breakers, a system that will allow the two markets to talk and slow down when we have dislocations so that the public is served. >> geraldo: so you are saying that you want the new york stock exchange and nasdaq to have exactly the same rules and now they dont? >> absolutely. it has to happen because the...