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Nightly Business Report this tuesday may 13th. Good evening, everyone, and welcome. Records fell again on wall street today as the dow industrials and the s p 500 each closed at record highs, more on that in a moment. But we begin with big changes being rolled out at a company that as much as any defines the permanent blue chip, you may earn more in portfolios or funds, it contributed not one bit to the rising markets, the shares were off slightly. The ceo sat down with a Rare Television interview, the conversation was extensive and expansive, and david fab oer jo his us from new york city, go...

Nightly Business Report this tuesday may 13th. Good evening, everyone, and welcome. Records fell again on wall street today as the dow industrials and the s p 500 each closed at record highs, more on that in a moment. But we begin with big changes being rolled out at a company that as much as any defines the permanent blue chip, you may earn more in portfolios or funds, it contributed not one bit to the rising markets, the shares were off slightly. The ceo sat down with a Rare Television interview, the conversation was extensive and expansive, and david fab oer jo his us from new york city, go...

Looked at and chosen that not to offer at this time until we figure out the risk. Were a little behind the curve on some of the new technologies. Thats the impact of the risks that we try to face each day. I want to get back to a few more questions with you. I want to just remind this committee where this all started from. I want to go back to september 25th, 2003. A hearing here at Financial Services committee hearing. Chairman frank, you said on the record, i do not want fannie and freddie to be Just Another Bank. If they do not more than Just Another Bank sorry. If they were not going to do...

We thank the witnesses for being here and it seems to have developed among some of the members that the costs of some of these regulations and the red tape thats resulted from these regulations, a lot of that has been testified to by mr. Wilson. A lot of it is either not real or either not real or if it is real its not having an impact or not significant. In fact, it seems that were heralding that this is a good bill because wall street has hit alltime highs. And i would suggest that may be true but it does not properly reflect the overall economy and the reality that the folks i represent are...

And the fed effect, what happens to the hous pro is over. We have all that and more tonight on nightly Business Report for wednesday, october 29th. Good evening, everyone, tyler is off tonight. They say all good things must come to an end, and today the Federal Reserve announced the end of its latest bond buying Stimulus Program known as qe3, the decision ends a sixyear stretch where the central bank expanded its holdings of Mortgage Securities to an unprecedented 4. 5 trillion. In a statement, the policymakers gave an upbeat report on the economy and job market. The u. S. Dollar sparked highe...