The Insider Trading program of sac capital. A former sac trader, michael steinberg, was convicted of conspiracy fraud for using illegal tips to buy and sell tech stocks. Joins me more before we get into the nuts and bolts, you were in the courtroom . There is always high drama. Anybody who has seen perry mason or law and order knows that they hand the jury to the judge and the judge hands it back to the jury and the four lady announces it. She was about to announce it and mr. Steinberg fainted. They had to take a break until they attended to his blood pressure. The forewoman said the subtext of emails was presented during the trial and i convinced her that steinberg knew he was aware he was breaking the law. Tell us about those emails. He said heiled was lying and making up the whole entire story, implicating his boss to save himself. A sickly, the government argued that there were emails that the two men had shared and swapped as well as instant messages and bloomberg messages, and th
Partys big defeat in recent state polls. Plus, its a virtual Winter Wonderland in the northeastern u. S. Major storm dumping up to two feet of snow in some areas causing a travel nightmare for drivers and airlines. Announcer youre watching cnbc world news, bringing you Business News from around the globe. A warm welcome to worldwide exchange. Its january 3rd. Advancers outpacing decliners. Trending around the flat line, just above it as you can see. The ftse 100 today is flat, just down three points. Nationwide saying weve seen the biggest monthly jump in over four years last month, a 1. 4 surge in house prices in december means the average price of a home was 8. 2 higher in 2013 than in 2012. The xetra dax is up 0. 11 . The cac 40 up 0. 25 and the ftse mib up 0. 5 . Next, up 9 on the stock today. Sales up 11. 9 from the november to december period, significantly ahead of the guidance that the retailer gave in december. The firm upped its forecast range to 684 to 700 million pounds. Te
Meaningful action. He was notified by Homeland Security advisor john brennan. He ordered flags lowered to half staff. This is about 5 minutes. I spoke with governor malloy and fbi director muller. I offered governor malloy my condolences on behalf of the nation and made it clear he will have every resource he needs to investigate this crime, care for theirctimw and families. We have endured too many of these tragedies. Each time i learned the news, i react not as a president but as anybody else would, as a parent. That was true today. There is not a parent in america who does not feel the same grief i fail. Do. The majority of folks who died today were children between the ages of 5 and 10 years old. They had their entire lives head of them, birthdays, graduations, weddings, kids of their own. Among the fallen were also teachers, who devoted their lives to helping our children fulfill their dreams. Our hearts are broken today. For the parents and grandparents, sisters and brothers of t
Her decision. Later today, she will have a face to face meeting with the president. The focus has turned to john kerry. The hill will be relatively quiet today. The house and senate not in session. John boehner is back in his ohio congressional district. They did meet last night for about 50 minutes. It is friday, december 14. We are going to begin with your calls and our focus on ambassador susan rice. Her decision to take her name out of consideration. What does this tell you about washington politics . Take a look at some of the headlines this friday morning beginning with the l. A. Times. From the chicago tribune. Lets dig into the details of what is behind the decision in an editorial this morning in the the Washington Post. Here is more from the interview that aired last night. [video clip] there was one piece of what i said that turned out to be wrong. There was not a demonstration. What i said was, there were extremists who came to our facility with heavy weapons. I indicated w
Form 1040, they have a pie chart that shows this goes to defense, this goes to social spending, paying interest, but i really think it could be much more detailed. I think that kind of education, letting taxpayers know where their money is going, will make a more informed citizenry and update the debate on where you want your money to go as the tax paying public. That is something that i am strongly advocating. I think that will go far. That is the first step to saying, wait a minute, i do not want this amount of my money going or i am ok with this now that i understand. Host from one of our viewers guest i am not sure that taxes are going up for obamacare. There is a tax credit in the law that enables a large number, millions and millions of taxpayers, to be able to afford Health Insurance. There are tax credits in the law right now for Small Businesses to be able to Purchase Health insurance for their employees. We have an estimator on their website to help Small Businesses, on taxpa