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On actions prior to the bailout which set the template for the bailout and i believe you have to have a principled approach to letting capitalism work or not and the idea of bailing out wall street and bailing out even though theyre important institutions, there would be an opportunity for us to recover. i dont think there is any question there would have been a bigger down turn, but wed be on a steeper upturn instead of floundering around. >> no more too big to fail? >> no. look, we memorialize...

On actions prior to the bailout which set the template for the bailout and i believe you have to have a principled approach to letting capitalism work or not and the idea of bailing out wall street and bailing out even though theyre important institutions, there would be an opportunity for us to recover. i dont think there is any question there would have been a bigger down turn, but wed be on a steeper upturn instead of floundering around. >> no more too big to fail? >> no. look, we memorialize...

Limited in paying current legal fees for former officers and directorss they believe they must continue efforts to control and scrutinize legal expenses. if organizations like fannie and freddie want to attract top level executive talent curtailing their access to top level legal talent will prove difficult. >> when you have a deposition you have to have three lawyers in the room. he there is no accountability for keeping legal costs within a proper reference point. >> by july the inspector gene...

Latest figure are not good news foreign employment, and analysts say two thirds of american jobs come from service industry and sending in that sector plunging. as prove wrapped up a theodore tour to promote ideas on how to fix the economy. and now, wendell, what is the reaction reaction to the g.d.p. numbers? >>reporter: the react has been that things are getting better but not fast enough. the chairman of the presidents council of economic advisers said and i quote, "while the continued expans...

And the pd river that flows up here. manufacturing left. and real estate market is wrecked and the economy is first and foremost in this part of the south carolina to be issue number one which would appear to appeal to supporters of mitt romney x. just to show you four years ago on the map where huckabee is in blue and mccain is in red. mccain won half and huckabee won half. based on 2012. newt gingrich swept this area and move to florida it would be certain parts of thatitate that reflect a sim...

books literally locked up. one of the those books was written by a guy named william shakespeare. "starting point" begins right now. >> welcome. everybody. the cruise ship rescue mission has now been suspended in giglio, italy. the cruise ship is now slipping which well update you on what exactly what means in just a few moments but it sounds like that ship which has been listing on one side is now going under. italian prosecutors have ruled out at this point technical error. the ceo i...

Call if they are having problems, seniors can reach out and have effective way of stopping people from scamming on them. i think you have to look at what the senate was doing this appointment. the president appointed cordray in the summer. a small number of republican senators decided they were going to block him even coming up for a vote. he has incredible by part san support. his record as attorney general in ohio protecting consumers, watching out for the little guy, he is absolutely respecte...

Board of directors. they call it co-determination and also, finally, in 2009. suppose we passed the employee free choice act. we would have had an increase in wages and thats when it matters, when you have an economic down turn and you dont have the drop off in consumer demands. >> ive got to let toby get in here. >> like on al gore side. and if this was so great. why would indiana have the first order of business to make a right to work state. the idea of right to work state. if you take the ri...

Board of directors. they call it co-determination and also, finally, in 2009. suppose we passed the employee free choice act. we would have had an increase in wages and thats when it matters, when you have an economic down turn and you dont have the drop off in consumer demands. >> ive got to let toby get in here. >> like on al gore side. and if this was so great. why would indiana have the first order of business to make a right to work state. the idea of right to work state. if you take the ri...

Consumer confidence is rising, gregg, especially when you look at the numbers. some of the analysts we talked to say that holiday spending is projected to be up about 7% this year over last. e commerce has risen 15% this year. that is all of the internet sales. a lot of folks dont even step foot this a store anymore. economists tell us there are several reasons were seeing promising numbers this year. many retailers are offering a big deals to lure people to their stores. but as we also know, un...