Page 2 - Sergio Markey News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Dagen the fear is coming back originating in turkey about emerging markets in general that they will take a tumble and take the world with them. Nicole petallides is at the Stock Exchange with more. Nicole absolutely right. When you talk about emerging markets we are watching turkey and other economies and watching currencies as well. I was reading headlines a short time ago about policymakers knew that emergingmarket could be the wild card in a worrisome part of the market and that is what we are seeing. The dow is down 107 points, not a terrible day but a down arrow day down 1 2 and earnings...

cease to exist? how did this tremendous crisis come about? >> guest: the big three other makers were dominant for so many years between the 60s and 1970s and still commanded 50% or more of the market into the middle of the last decade but there is a slow acting poison going on with the auto companies and i -- legacy cost. these companies were supporting hundreds of thousands of retirees and surviving spouses with health care, with pensions. gm's case i think was to retirees for every x worker. this was part of what made these companies so great was that they did have this great retir...