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debt problems. let s bring in our chief business correspondent ali velshi who is watching all of this. we re about to know any minute now, ali, how much the stock will go for. bottom line is they could take hours. we think it will come out very, very quickly. the top of the range is $38, all indications are that facebook is oversubscribed. there are more people who want to buy the stock than there are stocks available and as a result they re going to the high end of the range and they can go higher, but we re thinking about $38 and that is the price at which institutional investors will get it. that s not the price that retail investors at 9:30 who want to buy it are going to get it. it s important to understand. look at that loss on the dow. that s got nothing to do with facebook. that has more to do with what s going on in europe and the average person, greece has more to do with your economic life than facebook. there will be a whole bunch of people who will get a ....
help us get there by passing a few common sense policies that we re convinced will make a difference. we even made a handy to do list for congress so they can just check them off. it s a list like michelle gives me. i know paul s familiar with that list. he gets it from val. now there are only five things on this list. because i don t want to overload congress with too much at once. but there are ideas that will help create jobs and build a stronger economy right now. so first up on the list, it makes absolutely no sense that we actually give tax breaks to companies that ship jobs and factories overseas. that doesn t make any sense at all. so we ve told congress it s time to end tax breaks for companies that ship jobs overseas and use that money to cover moving expenses for companies that bring jobs back to america. second, instead of just talking about job creators, congress should help small businesses and help small business owners who create most of the new jobs in ....
at the winners and losers and dan lothian and david mattingly looking ahead to the battlegrounds that are now more important than ever. all right, let s start with dana bash. dana? well, we have some potential news this morning about what this caucus has did to the field on the republican side. michele bachmann who, of course, came in a disappointing sixth, effectively dead last here in iowa is going to hold a news conference in a few hours. her campaign is not saying what it is about, but it is hastily arranged news conference. it is hard to imagine that she s going to have something and not give us news about the future or maybe lack there of of her campaign. so, kyra, we re waiting to see exactly what she says. obviously, she is somebody who was one of those who is riding very, very high in iowa. not that long ago. she actually won the first contest here. the ames straw poll only to see her popularity absolutely plummet in the last few weeks. that will be probably, ....
republican front-runner for the president. according to the latest national poll. leaving many analysts wondering if the georgia businessman s plan resonating. all that and more on american morning. good morning, everybody. it is thursday, october 13. it is certainly not a good morning. i can t get messages from people, i can t send messages. mine was down yesterday but back now. mine was up yesterday but i e-mailed this morning. our executive producer said i will be late. that s the e-mail i sent. he is panicking going where are my anchor. if you don t know what we are talking about, millions of blackberry users are without service this morning. now four-day blackout spreads to north america. the outage primarily affects e-mails and internet access, not the ability to make phone calls or text. weird. problem started monday affecting customers in europe, middle east and africa. by tuesday, it has spread to south america and yesterday customers here in ....
the accused ft. hood attacker, u.s. major anadal hasan and three 9/11 hijackers and faisal shahzad. the death of awlaki is a major blow to al qaeda s most active operational affiliate. awlaki was the leader of external operations for al qaeda in the arabian peninsula. in that role he took the lead in planning and directing efforts to murder innocent americans. reporter: for more on awlaki, the al qaeda off shoot he represented and where we go from here, i want to bring in cnn s international correspondent nic robertson. nic, this was a huge development. why was awlaki such a threat and a priority for the snus. he was an intellectual. he was smart. he was well educated. he knew how to sort of manipulate his audience and the one thing that he had that al qaeda really wanted was a way to communicate the potential recruits in the west. he spoke english and he spoke it with a charisma and a meaning that drew in radicals or potential radicals towards al qaeda. and reall ....