Phantom Profits News Today

People who they knew couldnt afford the mortgages and buyers who bought homes they knew they couldnt afford, and banks that packaged those mortgages up and traded them to reap phantom profits, knowing that they were building a house of cards. it was wrong. it was wrong. it triggered the worst economic crisis of our lifetimes. and it has been the single biggest drag on our recovery from a terrible recession. crushing debt has kept millions of consumers from spending. a lack of building demand has...

colorado. and later, newt gingrich holding a rally in reno, nevada. mitt romneys win in florida follows a brutal and bitter campaign already, but it paid off for romney who won by 46% of the vote compared to 32% for gingrich, and rick santorum got 13% of the vote as ron paul got 7%. on the starting point, mitt romney said it didnt bother him that newt gingrich didnt call to congratulate him. >> as said long ago, politics aint bean bag, and we are battling to become the nominee, and h...

Recovering fund is suing mets owners for more than a billion charging they were using phantom profits from the ponzi scream to support the mets while ignoring warnings madoff was a fraud. in an e-mail, madoff writes as to wilpon and katz, they did not know. thats precisely what they say calling it a work of fiction. >> we did not know one thing about madoffs fraud. we didnt do anything wrong. >> reporter: fans say its a distractions. >> its stab in the back. we want to see good quality players a...

Global warming rates dead last among the issues of the day with the american people. but cap and trade is in the new budget. wait until i show you the gains. the president is putting phantom profits into the budget from an energy policy that we are nowhere near close to passing. what does he know that i dont know? i dont want to hurt mother earth. i dont think you do. they will force us to go "green." how? cap and trade. >> under my plan of a cap and trade system electricity rates would necessar...

That is next. global warming rates dead last among the issues of the day with the american people. but cap and trade is in the new budget. wait until i show you the gains. the president is putting phantom profits into the budget from an energy policy that we are nowhere near close to passing. what does he know that i dont know? i dont want to hurt mother earth. i dont think you do. they will force us to go "green." how? cap and trade. >> under my plan of a cap and trade system electricity rates ...

Phantom profits in the budget from an energy policy were nowhere near close to passing. what does he know that i dont know? i dont want to hurt mother earth and i dont think you do. but yet, they are going to force to us go green. how? cap-and-trade. watch. >> under my plan of a cap-and-trade system, electricity rates are going to necessarily skyrocket. >> glenn: what is that going to do to our financial system? how about media and freedom of speech? how about the internet? any network that does...

Phantom profits in the budget from an energy policy were nowhere near close to passing. what does he know that i dont know? i dont want to hurt mother earth and i dont think you do. but yet, they are going to force to us go green. how? cap-and-trade. watch. >> under my plan of a cap-and-trade system, electricity rates are going to necessarily skyrocket. >> glenn: what is that going to do to our financial system? how about media and freedom of speech? how about the internet? any network that does...