Page 29 - Flash Crash News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Everything now is focused to the story you're reporting on. i would say in a sense that this is spiraling out of control. i have a slightly different view on that than secretary cohen. but i think we are passing the tipping point for a whole range of reasons, not the least of which is even though these internet companies and the social media companies are being shut down, the power of the pan era of satellite television networks, you talked about al jazeera. there's a number of them. the proliferation of these channels, the access the that young people have to these channels, 60% of the egypti...

What made that happen? the people in the middle of that flash crash developed someu som fascinating theories and we'll share them with you. you gave him fiber. this tastes way too good to be fiber. they're delicious crunchy clusters with sweet honey and half a day's worth of fiber. you care about my fiber? not really. [ male announcer ] fiber one.

To keep up with population growth. but it looks good compared to where we have been, if you look back in july, tony, we lost 369,000 jobs in one month. so any job gain, even if it's that 13,000, is really a bonus. >> all right. how is this playing out with markets? >> well, we are at the end of the third quarter, the april, may and june quarter. and it's been a painful three months. look where things are now. the dow is down 9% for the second quarter. we're trading below 10,000 for the dow industrials. and who can forget the flash crash? we saw the dow industrials plunge almost 1,000 points, o...

>> reporter: it sure is. it will miss them this morning. it should be coming in that piece of space junk. the shuttle "atlantis" is sitting four or five miles away from the space station. it's moving in for its rendezvous and docking to take place at 27 minutes past the hour, 10:27. we're about an hour and 40 minutes away from that. everything running on time and hopefully the space junk will stay away, alex. >> we sure do hope so. all right. then that means we get to see you again. jay barbree, thank you. >>. >> reporter: you're most welcome. taking a look at the week on wall street, analys...

Want to see and you can't change things so much that you reduce the basic economics in demand for business. second, you're dealing with the most important thing which is credibility. we have a system where if you pair up the wall street, the price of that stock or bond you believe is right and it's true for every share, every bond you own. that's why they're getting all of these pressures and that's why they're listening to them. >> a friend of mine last week after the flash crash, as they're calling it, happened, said anything that's not -- any market that can be down a thousand points and th...