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from coast-to-coast here in the u.s. we have ali velshi and dan si n simons is outside the headquarters outside menlo park. facebook s price will be showing at the bottom of your screen. let s begin with christine romans in new york. give us the starting price of fb the ticker name. this is the third largest public offering behind gm and visa, right? reporter: that is right. it could be the second largest by the time all of the trades are said and done. we are still waiting for the indications at nasdaq where it could be. it looks like it will be higher, obviously, no price there. we have not seen the trades cross yet. we are watching the matching buyers and sellers. we are trying to figure out what it will open at. there is a lot of hype about it. it can take a while to get the real sense of the price discovery of what it will look like. $38 clearly is what the current price on the board. that is what the ipo price is, fr is what we have been told. who is this be ....
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euro. they will have no budget deficits, have automatic sanctions, they will have stricter rules, tighter regulation. the whole thing will be much, much better run. they re going to get on and do that. the only problem is the united kingdom said no and could become troublesome in the future. i promised i wasn t going to be boring and bore on about it, but the one thing they did also do was increase their firepower. the so-called big ba zuk ka to stop the contagion. hundreds of millions of dollars pledged,s the dow p up over 180, 190 points, they might just have done the trick. for today. for today. stop the contagion. you mentioned we re not looking at the minutia. the british angle is a huge one because i mean, is it an ominous sign that britain opted out of this agreement? reporter: britain opted out for its own domestic political reasons, its own self-interest. it wanted an opt-out clause on a particular tax. it didn t get it so it said it wouldn t agree to the ....
nato authorities and u.s. authorities in afghanistan have issued a statement saying that, indeed, a drone went missing late last week over the afghan/iran border. so that, of course, eastern iran, western afghanistan. this drone, as all drones are, on an intelligence gathering mission. what the u.s. and nato will not say is that it was shot down by iran. they say it has gone policing, they believe it has gone down. they believe this may well be the drone that the iranians are talking about, but they also say that the crew operating the unmanned drone, had reported a loss of flight control, a loss of control, and ability to guide the drone and that it drifted. so their working theory at this point, if the iranians are telling the truth about it being inside iran, it may have drifted into iran. so far they are saying they cannot confirm on the part of nato and the u.s. it was shot down by the iranians, but there s pretty good reason at this point it appears to be that the ....
haul. more than 700,000 are without electricity there. utility crews are out right now assessing the damage. connecticut light and power says all of the cities and towns its services were impacted by the storm and us it could be a week before all power is restored. cnn crews working every angle of this major storm. susan is in new york, chad meyers in pennsylvania and jacqui jeras is in the severe weather center. let s go first to new york city. the metro area there. fun for some, a nightmare for others. that freak winter storm gave one family a jack-o-lantern snowman in new jersey. a couple of miles from the hudson river and downtown manhattan. let s go to manhattan where we find our susan candiotti. the snowfall has caused a lot of headaches there, although the sun is finally shining behind you? it s beautiful here, but i think everyone would agree when you re flying during the winter, there can always be problems. there were problems and it isn t even winter yet. m ....