Page 29 - Mark Block News Today : Breaking News, Live Updates & Top Stories | Vimarsana

sensitive equipment and illegal immigration in the center of arizona history. you're in "the situation room." -- captions by vitac -- www.vitac.com we begin with the breaking news. political and financial chaos within the european union, sending fresh shock waves through wall street and world financial markets. stocks plunging in new york today on all three indices with the dow tumbling about 400 points amid a growing debt crisis in italy. and the third largest in europe. let's bring in our own financial expert, cnn's erin burnett, the host of erin burnett outfront. the markets tak...

Thanks for joining me tonight, lisa. >> thanks for having us on. >> lisa, what is the tax component, the irs component of this money that went into the herman cain campaign to get it started? >> well, tax law bars charities like prosperity usa which was founded by mark block, last year, from spending their money to help campaigns. basically to be a bank or a credit card for political campaign like mr. cain's. and so there are significant consequences. the charity could be shut down. there are could be sanctions. we've asked for both. >> this was a koch brothers funded group, americans for pros...

Thanks for joining me tonight, lisa. >> thanks for having us on. >> lisa, what is the tax component, the irs component of this money that went into the herman cain campaign to get it started? >> well, tax law bars charities like prosperity usa which was founded by mark block, last year, from spending their money to help campaigns. basically to be a bank or a credit card for political campaign like mr. cain's. and so there are significant consequences. the charity could be shut down. there are could be sanctions. we've asked for both. >> this was a koch brothers funded group, americans for pros...

That is my money. >> kimberly: don't you have a five or a tin? making the point. greg, go around real quick to say give him a grade. >> greg: i say i thought it was strong. really strong performance. very forceful. i give him an "a." vy a feeling this isn't over. >> kimberly: yeah, he said it's not over. you'll probably have more people coming forward. >> andrea: the question is do we believe the women who have these complicated back stories and legal trouble of their own? that will play out. i said it before, i think he gets an "a" for this. i would have done it earlier. but this was handled ...

First time he addressed the first couple of accusations that came out revolving around his time at the nra. he changed his story. what do you think about the job that he did in addressing to the first round of accusations? >> i will quote mark block who said that they could have done a better job coming out of the gate in dealing with those charges. i think there's no question in that, some mistakes were made in handling of it. but that does not take away from the lack of credibility that ms. bialek has in her presentation where she giggled and smiled several times during the presentation. jon...