Page 2 - Fred Barbash News Today

With the first Monday in October behind us, perhaps we can at last put to rest the refrain about how the current term of the U.S. Supreme Court is among the most momentous in history. The court’s terms are like presidential elections: Always, history has never seen one as important

The rocky music? jenna: yes, okay. all right. youre onto something. >> kind of like that. >> fred, thank you very much. fred barbash with cq. thank you. jon: my younger daughter had the lead in her school production of "annie". the sun will come out tomorrow. i could sing it for you. she was better at it. jenna: can we hear jon sing? jon: not right now. jenna: stay with us you might see it. jon: some other time. we are americas election headquarters and our next story could be a window just how ...

right now. were waiting for the ipo to move. $38 is what it is at. not to get too wonky, 421 million shares being put out there today. when this company goes public it will be valued more than general motors and ford put together. two iconic companies needless to say, that actually make stuff. this is a fascinating, sort of statement on american entrepreneural spirit. of course, mark zuckerberg and his cofounders putting all this together. again were still waiting for the share at the ...

liz, what is going on? >> trying to decide if this is bigger than who shot jr and a beatles reunion put together. for the america and for the world as you heard from bill hemmer even in uganda theyre facebooking. were looking at a trade that hasnt happened yet. remember this stock was priced at $38 a share for its initial public offering. im keeping my eye on it right now. it is about to start trading. it is indicated, getting orders of an indication of $42 a share. looks to move highe...

Rests largely on that subject, and youre right, every week that some new number comes out that isnt good or unemployment isnt does not grow quite up to expectation is a bad week for president obama and a good week for governor romney. jon: and, fred, just as weve been speaking rasmussen reports is just out with its new daily tracking report, daily tracking poll, and the approval rating for mitt romney is now at 50%. thats the first time hes hit that number. >> uh-huh. jon: president obamas appro...

The prosecution side -- >> i dont think you can underestimate him. >> if they put him on the witness stand, i would be salivating. jenna: really? hold on a second, just so our viewers know, this is a guy that some attorneys say they would just show up for his closing arguments because he was so good in court, and they would just want to observe him. >> ive always said this, anybody who has to call a lawyer for a witness loses, and in this case people, the jurys going to see right by that, and th...

Ever going to, hes never going to be found guilty, theres never going to be any -- jenna: jennifer -- >> i think its a big waste at this point. jenna: we all know its not el legal to be a juror, right? >> thats right. jenna: but thats -- >> clearly -- jenna: about how a jury perceives someone like this and, jennifer, as a defense, how do you take that on? obviously, he did some things, and we all know what they are now, that its hard to agree with no matter who you are. >> well, i know this is a...

Right now. they just are not plugged in. that happens in the last two weeks, jon. jon: we hope theyre paying attention to you. fred barbash from cq weekly. >> yeah, me too. jon: fred, thank you. jenna: we have this fox news business alert, the head of the sec now saying the agency is focusing on a shocking admission by the nations largest bank. jpmorgan chase losing $2 billion in a risky trade over the past six weeks. this huge loss raising some fears other banks may be in danger of making some ...

Quite a game of telephone. we dont have bunny be mellon on the stand, we have a lot of people that have worked with her and telling the story, so thats an interesting twist to the case. >> correct. jenna: fred, the prosecution did not call rielle hunter, so do you expect the defense to do that? >> i wouldnt. i wouldnt call her if i was the prosecution, and i wouldnt call her if i was the defense. i mean, i think -- what does she add, and i think shes too dangerous. shes too dangerous on cross. i...

A lot of details about this extramarital affair. but what has the jury not heard? coming up, our legal panel talks about that and how this could potentially influence the verdict. jon: tracking the presidential campaign inside americas election headquarters, today the candidates are trying to return their focus to economic issues. president obama heads to nevada to focus on homeowners who need help paying their mortgages. governor romney is in north carolina talking about jobs. both efforts, tho...