the insiders, the preferential traders, the big customers, got all sorts of advance information. you know, you re absolutely right, andrea, in the sense that s the second big knock-on effect from this. future ability of innovators to raise money. the second one is faith in the stock market. put that together with jp morgan, together with what s happening with facebook and wall street looks like it has a black eye, looks like it s a place for insiders and discourages people from using the stock market as a place to put their retirement money. steve liesman, always a pleasure. thank you so much for joining us today. and up next, the battle for wisconsin. outside money and wisconsin s recall election. big business versus big labor. the political briefing next right here on andrea mitchell reports.
john: and the battle for wisconsin is also being fought in washington. that is the point. john: the man and congressman they are mad at is scott walker. he won the governor s race saying that unions were throwing money down a hole. in a long term, you can t sustain it. he asked to pay a little more for pension costs but the unions said no. so now they were entitled to a fixed standard of living and a fixed package. the unions eventually said they would pay more of the benefits but walker also wanted to rein in their power to get future benefits. they can come back two years from now with a new contract and
john: and the battle for wisconsin is also being fought in washington. that is the point. john: the man and congressman they are mad at is scott walker. he won the governor s race saying that unions were throwing money down a hole. in a long term, you can t sustain it. he asked to pay a little more for pension costs but the unions said no. so now they were entitled to a fixed standard of living and a fixed package. the unions eventually said they would pay more of the benefits but walker also wanted to rein in their power to get future benefits. they can come back two years from now with a new contract and
doesn t work? john: and the battle for wisconsin is also being fought in washington. that is the point. john: the man and congressman they are mad at is scott walker. he won the governor s race saying that unions were throwing money down a hole. in a long term, you can t sustain it. he asked to pay a little more for pension costs but the unions said no. so now they were entitled to a fixed standard of living and a fixed package. the unions eventually said they would pay more of the benefits but walker also wanted
doesn t work? john: and the battle for wisconsin is also being fought in washington. that is the point. john: the man and congressman they are mad at is scott walker. he won the governor s race saying that unions were throwing money down a hole. in a long term, you can t sustain it. he asked to pay a little more for pension costs but the unions said no. so now they were entitled to a fixed standard of living and a fixed package. the unions eventually said they would pay more of the benefits but walker also wanted