Page 2 - Eric Dash News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Eric dash joins us now. explain to all of us, es this a move by the big box stores to help consumers or bottom line against the banks? >> the a bit of both, yes they want to help consumers but provide check cashing, other banking services, maybe new consumers will come to those stores and make a purchase or two when they're there. >> when we talk about how many people are utilizing the service like this, going to a wall plart or going to a best buy, what are the numbers? do we know? >> there's no real good industry data now for this but i think people estimate that millions of people could dro...

It would suggest they did, in fact, make a calculation error or misunderstood the direction of this deficit reduction process, and they would lose credibility. let me say, also, most of the rating agencies, in my mind, anyway, have no credibility. they missed the subprime crisis, ignored things in europe that led to their crisis and downgraded entities after the fact. just like the horse has been out of the barn for quite some time on european debt, certainly on u.s. debt. the fact they're doing it now seems somewhat ill-timed and looking at the ramifications of it, somewhat ill-advised as wel...