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big time around the world wherever you look. the dow posting its best day in more than two and a half years with a rocking 490-point gain. that puts the dow back in positive territory for the year. above 12,000, which is a psychologically very important level for the 401(k)'s in this country. the nasdaq and s&p up more than 4% as well. why? well, it began with america's top economic man bailing out europe which is on the verge of bringing down the economy. former new york stock exchange floor trader, obviously, it was ben bernanke working with other central bank chiefs around the wor...

Process, the automatic cuts are a function of the debt limit increase deal. if you remember, the president didn't want any cuts attached to that. he wanted a clean debt ceiling. he wanted no spending attached to it. he fought it until the end. forced to take it and run out of borrowing authority. so he had to swallow it. now he is ultimately the veto because the supercommittee failed. interesting. >> shannon: we know that senators mccain and graham are among those on the hill working on legislation to reroute some of the defense cuts. see how it works out. thank you. >> you bet. >> shannon: an...

Are a function of the debt limit increase deal. if you remember, the president didn't want any cuts attached to that. he wanted a clean debt ceiling. he wanted no spending attached to it. he fought it until the end. forced to take it and run out of borrowing authority. so he had to swallow it. now he is ultimately the veto because the supercommittee failed. interesting. >> shannon: we know that senators mccain and graham are among those on the hill working on legislation to reroute some of the defense cuts. see how it works out. thank you. >> you bet. >> shannon: another down day for the stock...

commissioner is 177 demonstrators arrested, and 5 officers injured. but new york mayor michael bloomberg says that isn't the real story. >> so far the real story is there have been, i think it's fair to say, minimal disruptions to people and most protesters have, in all fairness, acted responsibly. >> as we said, it is coast to coast. in los angeles, about 300 protesters marched a half mile from city hall to the wells fargo center. crowds gathered in the streets of portland, oregon, threatening to occupy banks. here in washington, police escorted several hundred protesters through ge...

overwhelmed. i spent almost the past decade in solitary confinement. so i'm not used to being around anyone, much less this many people. it's kind of overwhelming. it's not perfect. it's not perfect by any means. but at least it brings closure to some areas and some aspects. you know, we can still bring up new evidence. we can still continue an investigations we've been doing. we can still try to clear our names. the only difference is we can do it from the outside instead of sitting in prison and do it. >> even when you're in prison, you have to worry about your own safety. it doesn...