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Court, are you going to screw them out of that . This is not were taking this very seriously. I told our people will you let them go to court if they want to go to court . Yes or no. Were going to no but with an explanation. No, but. Okay. Thank you. Thats a no. This sham was not an attempt to steal a few Million Dollars in fees from your customer, although thats important. Because you could say that few Million Dollars wasnt material. What was material is the price of your stock. You opened 2 million phony accounts and then went and told and it had to be material because you were brackibrack ...

Good morning. Welcome to Worldwide Exchange on cnbc. Im kara eisen. Im wilfred frost. Security is tight today after multiple explosions in the new york area and a stabbing over minnesota this weekend. Well have the latest on those developments in a molt. But first a quick check on markets this morning. It does look like we are pointed higher after a volatile last week ended in the green. An outperformance by the Technology Group and apple, in particular, helped put the stock market over the edge despite a friday selloff. Dow futures are up 93 points in the early session here. S p futures are u...

Lehman brothers. The Federal Reserve keeping Interest Rates incredibly low. Some say the low rates prompted bad behavior like wells far go opening up unauthorized bank accounts. Gary tom russo was a chief executive officer of Lehman Brothers and currently of a. I. G. What has changed in the last 8 years . I think a lot has changed. After doddfrank there is a lot of attitude, certainly a lot of regulation. The capital cushions are a lot more now and stress testing having he living wills by the major institutions. In and of itself im personally not crazy about the idea. But it forces people to t...

Lehman brothers. The Federal Reserve keeping Interest Rates incredibly low. Some say the low rates prompted bad behavior like wells far go opening up unauthorized bank accounts. Gary tom russo was a chief executive officer of Lehman Brothers and currently of a. I. G. What has changed in the last 8 years . I think a lot has changed. After doddfrank there is a lot of attitude, certainly a lot of regulation. The capital cushions are a lot more now and stress testing having he living wills by the major institutions. In and of itself im personally not crazy about the idea. But it forces people to t...

Europe, germans biggest brought to to mes by american authorities either way we will be affected, welcome to the world of Systemic Risk its back. Opec a deal to get oil prices up will they stick to it jury out oil prize down a faction today. And, of course, Varney Company is all over the election the story this morning number one, media, more apoplectic attacks on donald trump number two, liberate barrierian gary johnson another aleppo moment, three trump goes into attack mode follow hillarys money that crooked woman he says. Just wait till you see what amazon is doing you are watching it now,...