Bailout Aig News Today : Breaking News, Live Updates & Top Stories | Vimarsana

lead analysts at morgan stanley, the main underwriter for the facebook ipo, received privileged information about the company, information that they didn't share with retail investors. finra, the financial industry regulation authority, regulatory authority, the u.s. senate banking committee, and the commonwealth of massachusetts have all announced probes into the matter, and that was quickly followed by a lawsuit filed by some investors against facebook and its ceo, mark zuckerberg, alleging that both withheld material information from investors during the ipo process. now, specific...

plus, disturbing video of a deadly police beating. the victim, a meanta willy ill homeless man who can be heard calling out to his father "they're killing me." i'm wolf blitzer. you're in "the situation room." -- captions by vitac -- www.vitac.com >> while we begin this hour with the romney campaign, having some trouble staying on message. let's go straight to our national political correspondent jim acosta. he's on the campaign trail with the presumptive republican nominee. you're in lansing, michigan, right now. tell us what's going on, jim. >> reporter: wolf, earlier today mitt ro...

Back into the united states? that would be a cheaper form of stimulus to get that money back into create jobs. the other issue too about "the new york times" story, the debate is, "the times" story did not report, did not mention rather the tax breaks the u.s. government gave to bailout aig and city group and bank of america. those tax breaks were not noted. those tax breaks were given by the treasury department. back to you, jamie. jamie: i want to look at the dow. down moderately mostly due to spain that they are officially in a recession and some earnings. any impact from this story? >> rep...

In fact the federal reserve has used power under section 133. it's what -- it's what ben bernanke used to bailout aig. the bill that passed the house rescinds that. it repeals it. it no longer exists so yes you had senator shelby the senior republican go to senate bankers. john boehner the republican leader went and talked about the little punk staffers don't pay any attention to them, we'll stop, perform. this is the most cynical to the truth imagineak. let me stress again, under the bill that we passed in the first place, no taxpayer funds would be involved. in the second place, as secretary...

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