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May 6, 2010
About that and every day if the paper, wall street being hammered in terms of reform and all the issues we know. any investor is looking for signs that something might go wrong. when you get something like this, theres a reaction and in this case, an overreaction but it does reflect in part at least the three uncertainties. >> neil: if we knew as this ensued, whatever the bad trades, all the other issues were there. greece, a meddlesome washington was there. spending more than were taking in not...
May 6, 2010
More perino never came close to suggesting the administration had done anything like that or had anything to do with what gibbs described as the deliberate nature of the spill being set. well put that up on our website for those of you following the back and forth and for the record, the invitation still stands. feel free to come on any time you want, robert. we appreciate your comments but still, for the benefit of my colleagues and friend, i want everything out in the open and the invite remai...
May 6, 2010
Among those effected when procter and gamble had this faulty trade and sent it careening. a lot of people buy the big consumer stocks and pounced on that as a sign to them to sell issues that had anything to do with those issues. one thing fed on another and of course you have the images out of greece where protesters are angry about us -- awe steer measures that has the country in bankruptcy. the provisions to get out of it so bad, theres talk so many others will follow. that provides the setti...
May 6, 2010
Fear is a witch hunt on top of this sense, globally, greece is part of a contagion? in other words, would this have been as damaging without those macro issues? >> no. probably not, neil. not from what i have heard. weve seen the fear begin to set in and dig deeper and deeper into the psyche of investors in recent days and theres a worry about the problems spreading. you talk about greece, but then theres spain, theres portugal, theres italy and doesnt it make u.s. investors look themself in the...