Live Breaking News & Updates on Jonathan Macy|Page 2
Stay updated with breaking news from Jonathan macy. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
is with us leading the charge at the stock exchange. good afternoon to you, tyler. as far as trading down here, the proverbial calm off the trading storm at the end of last week. high-volume rally on the fed, took the s&p up what? 2% during the course of the week? the s&p up now over 16% for the year. today financials, industrials, materials are lower. slightly down from what you d expect. now to the action outside the new york stock exchange where police and protesters have been standing off all day long. it is of course the one-year anniversary of occupy wall street and with it has come protests and arrests. kayla tausche has the latest. reporter: well, simon, midday here in lower manhattan, it is quieting down, thinning out and protests are spreading farther afield. a lunch time meeting brought all the protests across this area of town back to the birthplace of the movement just a couple blocks north of where i am right now. that was serving to help them regrou ....
Administration to put free market on trial. as the wall street journal said, mr. romney s g.o.p. opponents are embarrassing themselves by seeking the obama line. eric: what do you think of that? dana: effective defense. one thing they talk about is he is going to have to talk for himself. but also effective to have others defend you. i pulled this out of the wall street journal. jonathan macy, yale law school professor, one thing he said is the private equity firm are equity investors. they don t get paid back until creditors are paid back. that s one thing that was an outrage of solyndra. they reengineered a deal to help the private equity people getting the government money to paid back first before the tax kimberly: got bonuses. greg: let me add. once sub explain what is bain it, it s really boring. people stop caring. this is not if the same realm ....
eric: be scared, be very scared. it s friday 13th. the power-grabber in chief took this day to ask for more executive power. scary power. listen. today, i am calling on congress to reinstate the authority that past presidents have had to streamline and reform the executive branch. this is the same sort of authority that every business owner has to make sure his or hear company keeps pace with the times. let me be clear. i will only use this authority for reforms that result in more efficiency, better service and leaner government. eric: yeah, we trust you. streamline and reform. that sounds exactly like what mitt romney did at bain capital. maybe romney envy perhaps. i m not sure what is more outrageous. obama usurping congress for more executive privilege or theattacking romney from the let and side of his mouth. bob: usurping congress is one thing because they don t do anything. what obama is doing is something you should rally around. streamline government ....
we ll play it for you. the five starts right now! eric: be scared, be very scared. it s friday 13th. the power-grabber in chief took this day to ask for more executive power. scary power. listen. today, i am calling on congress to reinstate the authority that past presidents have had to streamline and reform the executive branch. this is the same sort of authority that every business owner has to make sure his or hear company keeps pace with the times. let me be clear. i will only use this authority for reforms that result in more efficiency, better service and leaner government. eric: yeah, we trust you. streamline and reform. that sounds exactly like what mitt romney did at bain capital. maybe romney envy perhaps. i m not sure what is more outrageous. obama usurping congress for more executive privilege or theattacking romney from the let and side of his mouth. bob: usurping congress is one thing because they don t do anything. what obama is doing is som ....