Page 21 - Jack Welsh News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Banks in greece may soon be facing the European Central bank reportedly looking at limiting emergency liquidity assistance. Proposals that would raise the discounts imposed on collateral securities when the bank of greece makes loans. The steps will be taken if greece does not reform its economy to get bailout money. A former ecb president says the rest of europe is waiting for greece to act. We have to be realistic. It all depends on the maturing of the position of the greek government. If it wants to deliver growth and jobs which is the main goal of that government it has to produce a recove...

That now. He wasnt famous. No one knew him. But this is a great song. I hear it once and i like it already. Ive heard this a thousand times. Where . I dont listen to that. I like it. Anyway well hear more about larrys call on ceos to focus on longterm value in a moment. Also its a moment of news makers on the set. Well be joined by Steve Schwarzman and jack and suzy welch will be stopping by. Lets get you up to speed on the markets. Yesterday the markets did end higher. Dow up by 75 points. Things are mixed at this point but the to you pu tours are down by 26 points. Economic data at 8 30 east...

Of the force. Starting today you can watch all six films in digital hd through itunes amazon and google play. Well talk about all the media stories with legendary tv producer tom werner is going to join us at the top of the next hour but in the meantime lets get you you to speed. Heres how the markets look. Dow up about 17 points higher. Nasdaq up about 3 points and the s p 500 a little over two points. What are you looking at me like that for . I mean do i sound this is how people felt with me here last week. Do you know what you look like . Do you remember pig pen when he would walk all the ...

Clean debt limit increase. Under no circumstances . I told the president theres no way were going to pass one. The votes are not in the house and the president is risking default by not having a conversation with us. By moodys ceo says the chance of a u. S. Default is extremely unlikely. That reflects our thinking that it is extremely unlikely that the government treasury is not going to continue to pay on the treasury securities. Hopefully it is unlikely that we dont go past october 17th and fail to raise the debt ceiling, but even if that does happen, then we think the u. S. Treasury is stil...

The standoff, as well. China is worried about getting paid back on its investments. The yields on onemonth treasury yields continue to head higher this week. Its just another sign that investors are getting increasingly worry worried about the government defaulting on its locations i would argue theyre not worried enough, but we can talk about that in a mip. China and japan arent the only ones calling for a solution out of washington. Howard schultz is urging leaders to push for a shutdown. He says the following, utterly disappointed by the level of ir responsibility and dysfunction we are wit...