Detailed text transcripts for TV channel - FOXNEWS - 20120510:22:09:00
Announcement by j.p. morgan chase, the country's largest bank that disclosed the investment losses will reach $800 million. that sent the tok plunging. other big banks suffered heavy losses. >> bret: stocks overall today were mixed. dow added 20. s&p 500 gained 3. the nasdaq dropped a single point. new lows this week on mortgage loans. the average rate for 30-year fix is down to 3.83%. ben bernanke says many credit worthy americans still cannot qualify for mortgage loans. bernanke told them that people with credit card and auto loans. and many are finding it easier to borrow money. the federal...