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Sep 26, 2012
09/12
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WRC
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. >> john lynch, former safety in the league, now broadcaster, says the league actually asks broadcasters to go easy on the refs the first week of the season and i got to be honest with you i noticed this watching the game because here are two of my tweets from that very same game. i was watching the redskins game. the first one was so why aren't the announcers talking about the replacement refs, directive from the nfl perhaps? and the second one was again how come booth guys never say anything about the replacement refs? starting to get weird. did you hear that and did you notice it? >> there was no directive given to us in the studio not to talk about the replacement officials. i think that would not be the proper thing to do. we're paid to be objective and call it as we see it and that's what we've done. i don't think we ought to be taking unfair shots at them. the bottom line is i think the replacement refs were placed in an untenable unwinnable position from the very beginning. have you ever seen an nfl rule book? i would dare most of us on tv to take that and pass that. it is unbeli
. >> john lynch, former safety in the league, now broadcaster, says the league actually asks broadcasters to go easy on the refs the first week of the season and i got to be honest with you i noticed this watching the game because here are two of my tweets from that very same game. i was watching the redskins game. the first one was so why aren't the announcers talking about the replacement refs, directive from the nfl perhaps? and the second one was again how come booth guys never say...
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Sep 8, 2012
09/12
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CSPAN
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eye 123
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don lynch -- john lynch. who, like me, had the good judgment to marry up. we love susan as well. one of the best centers in the country, jeanne shaheen. your mayor eric spear. and your next congresswoman carol j. porter and and the customer. it is good to see all of you. [applause] it is great to be back in portsmouth. i was telling john -- i love you back. [applause] i was telling john i will always have great memories of portsmouth because one of the things that happens as you are running for president is the bubbles start closing in on you. i still remember some of the last places where i got to take a walk with nobody around. portsmouth, in 2007, was one of those places. it was a gorgeous day, like today. we walked and we came right down here. there was a theater, an improv thing going on. i think i may have bought some ice cream. which reminds me, by the way, the leanne and sasha love new -- malia and sasha love new hampshire, not only because this is where they go to camp. but it is also where they first campaigned with us, and i think the first day of campaigning, and they
don lynch -- john lynch. who, like me, had the good judgment to marry up. we love susan as well. one of the best centers in the country, jeanne shaheen. your mayor eric spear. and your next congresswoman carol j. porter and and the customer. it is good to see all of you. [applause] it is great to be back in portsmouth. i was telling john -- i love you back. [applause] i was telling john i will always have great memories of portsmouth because one of the things that happens as you are running for...
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157
Sep 8, 2012
09/12
by
CSPAN
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eye 157
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john lynch. who, like me, had the good judgment to marry up. we love susan as well. one of the best centers in the country, jeanne shaheen. your mayor eric spear. and your next congresswoman carol j. porter and and the customer. it is good to see all of you. [applause] it is great to be back in portsmouth. i was telling john -- i love you back. [applause] i was telling john i will always have great memories of portsmouth because one of the things that happens as you are running for president is the bubbles start closing in on you. i still remember some of the last places where i got to take a walk with nobody around. portsmouth, in 2007, was one of those places. it was a gorgeous day, like today. we walked and we came right down here. there was a theater, an improv thing going on. i think i may have bought some ice cream. which reminds me, by the way, the leanne and sasha love new hampshire, not only because this is where they go to camp. but it is also where they first campaigned with us, and i think the first day of campaigning, and they got ice cream four times in
john lynch. who, like me, had the good judgment to marry up. we love susan as well. one of the best centers in the country, jeanne shaheen. your mayor eric spear. and your next congresswoman carol j. porter and and the customer. it is good to see all of you. [applause] it is great to be back in portsmouth. i was telling john -- i love you back. [applause] i was telling john i will always have great memories of portsmouth because one of the things that happens as you are running for president is...
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Sep 29, 2012
09/12
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MSNBC
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this is dan patrick and john lynch talking. john lynch is a commentator talking about what he was told about how to discuss the referee lockout by the league management. check it out. >> i know week one, you know, the league i think duped every network and called and said, hey, we're close to a deal so have your guys go easy. that was kind of the edict from up top. go easy on these guys. >> i did not hear that. you guys were told a deal was imminent, don't be critical? >> don't say anything, but just be careful. be close. they duped us like everybody else. so the next week it was take the gloves off, say whatever you want. and we have. >> that was one of the fascinating aspects of this is here you have all of these commentators who have lucrative contracts with the nfl who are completely unbrigdled about the criticism. they care about their brand. they've managed the brand so effectively. they've created such an enterprise. they didn't seem to worry about that brand being tarnished. >> that was one of the remarkable things. aft
this is dan patrick and john lynch talking. john lynch is a commentator talking about what he was told about how to discuss the referee lockout by the league management. check it out. >> i know week one, you know, the league i think duped every network and called and said, hey, we're close to a deal so have your guys go easy. that was kind of the edict from up top. go easy on these guys. >> i did not hear that. you guys were told a deal was imminent, don't be critical? >>...
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Sep 7, 2012
09/12
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CSPAN
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eye 105
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don lynch -- john lynch. who, like me, had the good judgment to marry up. we love susan as well. one of the best centers in the country, jeanne shaheen. your mayor eric spear. and your next congresswoman carol j. porter and and the customer. it is good to see all of you. [applause] it is great to be back in portsmouth. i was telling john -- i love you back. [applause] i was telling john i will always have great memories of portsmouth because one of the things that happens as you are running for president is the bubbles start closing in on you. i still remember some of the last places where i got to take a walk with nobody around. portsmouth, in 2007, was one of those places. it was a gorgeous day, like today. we walked and we came right down here. there was a theater, an improv thing going on. i think i may have bought some ice cream. which reminds me, by the way, the leanne and sasha love new hampshire, not only because this is where they go to camp. but it is also where they first campaigned with us, and i think the first day of campaigning, and they got ice cream four times in
don lynch -- john lynch. who, like me, had the good judgment to marry up. we love susan as well. one of the best centers in the country, jeanne shaheen. your mayor eric spear. and your next congresswoman carol j. porter and and the customer. it is good to see all of you. [applause] it is great to be back in portsmouth. i was telling john -- i love you back. [applause] i was telling john i will always have great memories of portsmouth because one of the things that happens as you are running for...
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197
Sep 21, 2012
09/12
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CNNW
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eye 197
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susan lynch, governor john lynch -- but i had already gone through menopause. these symptoms may be nothing... but they could be early warning signs of a gynecologic cancer, such as cervical, ovarian, or uterine cancer. feeling bloated for no reason. that's what i remember. seeing my doctor probably saved my life. warning signs are not the same for everyone. if you think something's wrong... see your doctor. ask about gynecologic cancer. and get the inside knowledge. wanted to provide better employee benefits while balancing the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. [ yawning sound ] [ male announcer ] ...forbusiness.com. see life in the best light. [music] transitions® lenses automatically filter just the right amount of light. so you see everything the way it's meant to be seen. experience life well lit, ask for transitions adaptive lenses. but proven technologies allow natural gas produc
susan lynch, governor john lynch -- but i had already gone through menopause. these symptoms may be nothing... but they could be early warning signs of a gynecologic cancer, such as cervical, ovarian, or uterine cancer. feeling bloated for no reason. that's what i remember. seeing my doctor probably saved my life. warning signs are not the same for everyone. if you think something's wrong... see your doctor. ask about gynecologic cancer. and get the inside knowledge. wanted to provide better...
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Sep 24, 2012
09/12
by
FBC
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eye 96
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but wall street today is buzzing that the man who did that, former merrill lynch ceo john feign, is plotting his next move. charlie gasparino has the latest. wasn't he running -- >> reporter: he was running merrill lynch, now he's running cit which lends to mid markets and smaller outfits. sources are telling the fox business network that he's been shopping cit in the last couple of months in an effort x this is what banking sources are saying, in an effort -- because this is a very ambitious man. he didn't want to sell merrill lynch, he had to during the height of the financial crisis, but he wants to be ceo of a majorrp'k, and he wants to sell this to a larger player so he can emerge as, essentially, a candidate to run this larger player. whether this will happen or not, i can't tell you. cit has a pretty good bump today, saying wells fargo -- not that they would be in the best position the buy them, we should point out last week there's the btig group put out a note that said canadian banks are, essentially, best positioned to buy cit, but clearly, according to banking sources, he's out t
but wall street today is buzzing that the man who did that, former merrill lynch ceo john feign, is plotting his next move. charlie gasparino has the latest. wasn't he running -- >> reporter: he was running merrill lynch, now he's running cit which lends to mid markets and smaller outfits. sources are telling the fox business network that he's been shopping cit in the last couple of months in an effort x this is what banking sources are saying, in an effort -- because this is a very...
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Sep 24, 2012
09/12
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CSPAN
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eye 137
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. >> herb allison came from merrill lynch. also rain the john mccain operation. here is are some video i want you to see and fill in on this. [video clip] the sigtarp had suggested dozens of ideas to us and we look back and we've accepted in a way very similar accepted the sigtarp's recommendations about three fourths of the time. there are some cases we have determined that in the interest of financial stability and because we can find other ways to protecting the taxpayer, that we decline to implement. one of these cases has been the creation of a wall. in many cases, here i draw upon 35 years of experience in the financial services industry, in many cases, it makes great sense to have a wall to separate asset managers in area from asset managers in another. in the case of asset managers we're hiring on behalf the taxpayer. we want to have their best talents working for the american taxpayer. >> one language i want to ask but later, what was your feeling? this is a man who's been enormously financial successful, he's in the treasury department and you're there.
. >> herb allison came from merrill lynch. also rain the john mccain operation. here is are some video i want you to see and fill in on this. [video clip] the sigtarp had suggested dozens of ideas to us and we look back and we've accepted in a way very similar accepted the sigtarp's recommendations about three fourths of the time. there are some cases we have determined that in the interest of financial stability and because we can find other ways to protecting the taxpayer, that we...
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Sep 6, 2012
09/12
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CSPAN
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eye 183
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john h. lynch and isn't -- this november, we will elect a democratic woman to be our governor. and we will send her a majority of democrats and get rid of those tea party majority in the new hampshire legislature. and in november, led by our senior center, new hampshire will be joined in ellenton -- electing carol porter, and we will have the first all female congressional delegation. in this november -- and this november, the greatest state will stand rock-solid with barack obama and joe biden. new hampshire pro dicasts all -- proudly casts all 35 votes for president barack obama. >> new hampshire casts 35 votes for brett drama. -- barack obama. nevada. nevada, you have 44 votes. >> madam secretary, i am roberta lang, chair of the democratic party in the great state of nevada. [cheers and applause] home to its favorite son, majority leader harry reid. it is my privilege tonight to introduce to you the next united states senator from the state of nevada, our congresswoman, shelle berkeley. >> i am shelley berkeley. nevada is known as the battle borne state. we are fighters and
john h. lynch and isn't -- this november, we will elect a democratic woman to be our governor. and we will send her a majority of democrats and get rid of those tea party majority in the new hampshire legislature. and in november, led by our senior center, new hampshire will be joined in ellenton -- electing carol porter, and we will have the first all female congressional delegation. in this november -- and this november, the greatest state will stand rock-solid with barack obama and joe...
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141
Sep 24, 2012
09/12
by
CSPAN
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eye 141
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. >> herb allison came from merrill lynch. also rain the john mccain operation. here is are some video i want you to see and fill in on this. [video clip] the sigtarp had suggested dozens of ideas to us and we look back and we've accepted in a way very similar accepted the sigtarp's recommendations about three fourths of the time. there are some cases we have determined that in the interest of financial stability and because we can find other ways to protecting the taxpayer, that we decline to implement. one of these cases has been the creation of a wall. in many cases, here i draw upon 35 years of experience in the financial services industry, in many cases, it makes great sense to have a wall to separate asset managers in area from asset managers in another. in the case of asset managers we're hiring on behalf the taxpayer. we want to have their best talents working for the american taxpayer. >> one language i want to ask but later, what was your feeling? beenis a man who's enormously financial successful, he's in the treasury department and you're there. how c
. >> herb allison came from merrill lynch. also rain the john mccain operation. here is are some video i want you to see and fill in on this. [video clip] the sigtarp had suggested dozens of ideas to us and we look back and we've accepted in a way very similar accepted the sigtarp's recommendations about three fourths of the time. there are some cases we have determined that in the interest of financial stability and because we can find other ways to protecting the taxpayer, that we...
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Sep 28, 2012
09/12
by
FBC
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eye 97
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john thain took down those iconic photograph. he then went to merrill lynch. again, very controversial. i would say he did some stupid stuff. when merrill lynch needed more capital, it was obvious that they were looking to make deals to get them more capital. he would say things are not so bad. he would spell the notion. when the firm fell into bankruptcy, it was bought by bank of america. guess what happened, he went out and try to pay himself a $10 million bonus. that was shot down. heavily criticized. guess what he did after that, disclosure. he redid his office with a $35,000 toilet. the eighth charlie gasparino thank you. everyone needs one. melissa: amazon is going back into the wine business. lori: let's look at metals as we go to break. gold is down. silver about to how to gold. back with more after this. ♪ with all the opinions about stocks out there, how do you know which ones to follow? the equity summary score consolidates the ratings of up to 10 independent research providers into a single score that's weighted based on how accurate they've been
john thain took down those iconic photograph. he then went to merrill lynch. again, very controversial. i would say he did some stupid stuff. when merrill lynch needed more capital, it was obvious that they were looking to make deals to get them more capital. he would say things are not so bad. he would spell the notion. when the firm fell into bankruptcy, it was bought by bank of america. guess what happened, he went out and try to pay himself a $10 million bonus. that was shot down. heavily...
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108
Sep 28, 2012
09/12
by
FBC
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eye 108
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as a matter of fact john thain knew he was going to be replaced he saw me, he saw me on tv announce it. has history of this. today i think he was pretty squirrely. like he said not player he once was. i want to address couple things. he misled the reporter suggesting we didn't fact check. we called john thain up several times yesterday and today. he tried to refute our story yesterday which says he has been showing. he is interested in selling . guess what, today reported that banks can't buy it. one of the reasons why they can't buy it is because of some of the regulatory hurdles that they face. u.s. banks and he wants to sell it to a u.s. bank so maybe run a u.s. bank which is his dream to be the head of a u.s. bank even though most people on wall street hate his guts. he tried to suggest we didn't check that. we did. he is trying to refute yesterday's story when today we clearly said he can't sell it. listen, john thain is clearly annoyed that he is at a second-rate player and he can't sell the second rate player and emerge at a major player. the other thing is, let me tell you some
as a matter of fact john thain knew he was going to be replaced he saw me, he saw me on tv announce it. has history of this. today i think he was pretty squirrely. like he said not player he once was. i want to address couple things. he misled the reporter suggesting we didn't fact check. we called john thain up several times yesterday and today. he tried to refute our story yesterday which says he has been showing. he is interested in selling . guess what, today reported that banks can't buy...
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88
Sep 27, 2012
09/12
by
FBC
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eye 88
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as a matter of fact john thain knew he was going to be replaced he saw me, he saw me on tv announce it. has history of this. today i think he was pretty squirrely. like he said not player he once was. i want to address couple things. he misled the reporter suggesting we didn't fact check. we called john thain up several times yesterday and today. he tried to refute our story yesterday which says he has been showing. he is interested in selling it. guess what, today reported that banks can't buy it. one of the reasons why they can't buy it is because of some of the regulatory hurdles that they face. u.s. banks and he wants to sell it to a u.s. bank so maybe run a u.s. bank which is his dream to be the head of a u.s. bank even though most people on wall street hate his guts. he tried to suggest we didn't check that. we did. he is trying to refute yesterday's story when today we clearly said he can't sell it. listen, john thain is clearly annoyed that he is at a second-rate player and he can't sell the second rate player and emerge at a major player. the other thing is, let me tell you so
as a matter of fact john thain knew he was going to be replaced he saw me, he saw me on tv announce it. has history of this. today i think he was pretty squirrely. like he said not player he once was. i want to address couple things. he misled the reporter suggesting we didn't fact check. we called john thain up several times yesterday and today. he tried to refute our story yesterday which says he has been showing. he is interested in selling it. guess what, today reported that banks can't buy...
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227
Sep 20, 2012
09/12
by
KGO
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eye 227
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i believe that john is on to something. >> and his brother is offering a $5,000 reward for information in this case. >> there is thousands of high school students demanded numi provide free rides to low income teens in san francisco. and one student portrayed a inspecter threatening a teen of being fined for not having proof of payment. many say they often look for loose change just to have pay muni fair. 75 cents each way, owe, and from school. >> bus is the number one way of students getting ash the city and we should have free buses for students but with cuts affecting schools, one of the first things got cut was transportation. >> city leader as greed n a plan provide free rides to teens in the spring. but the regional transportation commission vetoed this idea. >> and talking mass transit, bart marking 40 years as the back bone of the bay area transit network. there is now admitting it runs the oldest commuter mail fleet wchl more on where this system has been, laura, where it's headed. >> that is right. the system started, bart was america's first commuter train system run by a c
i believe that john is on to something. >> and his brother is offering a $5,000 reward for information in this case. >> there is thousands of high school students demanded numi provide free rides to low income teens in san francisco. and one student portrayed a inspecter threatening a teen of being fined for not having proof of payment. many say they often look for loose change just to have pay muni fair. 75 cents each way, owe, and from school. >> bus is the number one way of...
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Sep 25, 2012
09/12
by
FBC
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eye 154
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john burke, thanks for being with us. >> thanks for having me. >> like that peter lynch style. if you start to go through and think about the stuff we use every day and i did that, most of the stocks are doing well. rick's is not on my list by the way. ashley: glad to hear it. tracy: china's foxconn factory reopened a day after the large brawl broke out among company employees and forced the facility to shutdown of the the company described the incident as close a personal dispute between several employees. that escalated to thousands of people. foxconn employs 79,000 workers at the facility which produces parts for apple, intel, microsoft and cisco among others. i don't know what the personal dispute was. the incident which has drawn attention as photos and videos make their way around the internet high light tensions between workers and management. foxconn is considered a touchstone of these concerns. spout of suicides of employees and major concerns over dozens of labor rights violations in the past. we talked about that before. ashley: 79,000 workers in dormitory. if you ha
john burke, thanks for being with us. >> thanks for having me. >> like that peter lynch style. if you start to go through and think about the stuff we use every day and i did that, most of the stocks are doing well. rick's is not on my list by the way. ashley: glad to hear it. tracy: china's foxconn factory reopened a day after the large brawl broke out among company employees and forced the facility to shutdown of the the company described the incident as close a personal dispute...
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Sep 5, 2012
09/12
by
CNBC
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eye 237
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we'll ask john harwood next. a passionate belief, and the foundation on which merrill lynch has been built. today, our financial advisors lead from a new position of strength. together with bank of america, they have access to more resources than ever before. a steadfast commitment to help you achieve your financial goals in life. that's the power of the right advisor. that's merrill lynch. >>> welcome back to the program. there's lots of buzz this morning about a leaked report from the troika suggesting they might impose a six-day work week on greece as a condition of the country's bailouts. we've been asking viewers what they think about this move. jeff tweets in to say, a six-day work week isn't fair. don't punish workers for their government's mismanagement and stupidity. the troika should impose a 70-hour work week on greece to make up for what he says is s t centuries of lacking. >>> you can e-mail us at worldwidecnbc.com or tweet us. this is an issue that's going to stay, keeping people's mind busy all wee
we'll ask john harwood next. a passionate belief, and the foundation on which merrill lynch has been built. today, our financial advisors lead from a new position of strength. together with bank of america, they have access to more resources than ever before. a steadfast commitment to help you achieve your financial goals in life. that's the power of the right advisor. that's merrill lynch. >>> welcome back to the program. there's lots of buzz this morning about a leaked report from...
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Sep 27, 2012
09/12
by
CNBC
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eye 178
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he was a central player during the financial crisis as the ceo of merrill lynch. he took over as ceo of cit, a key lender to the middle market businesses. right now there have been some reports out there that john thain has got a for sale sign on the company and is entertaining potential suitors. with we want to get right to the truth. joining me now is cit chairman and ceo john thain. good to see you. >> great to be here. >> i bet. this is your former stomping ground. >> it is. it's great to see everyone here. it's great to see your new set. your set is wonderful. >> thank you so much. right in the middle of the action. let's get this first story out of the way up front. there was a report you're looking for a buyer of cit. are you shopping this firm around right now? >> the answer is absolutely not. i have to say, i like fox news. i've been on shows there. it's very disappointing that they would air a piece they didn't fact check and isn't true. >> okay. so you're saying there was a piece they saw that maybe you were shopping and around just sort of created a st
he was a central player during the financial crisis as the ceo of merrill lynch. he took over as ceo of cit, a key lender to the middle market businesses. right now there have been some reports out there that john thain has got a for sale sign on the company and is entertaining potential suitors. with we want to get right to the truth. joining me now is cit chairman and ceo john thain. good to see you. >> great to be here. >> i bet. this is your former stomping ground. >> it...
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125
Sep 5, 2012
09/12
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CNBC
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eye 125
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john harwood is there live. he's a persuasive and charismatic speaker. >> reporter: especially on the economy, sue, which is why your economic data in the intro is so appropriate. last night we heard from the san antonio mayor and michele obama in motivational terms to the key democratic constituency groups, african-americans, hispanics, women. but tonight president clinton gets the heavy lifting talking about the economy weighing down president obama with 8% unemployment, with a deficit annually over $1 trillion and with a traditional debt that's now hit $16 trillion. so what president clinton's going to do is what he did in a commercial he cut for president obama very recently in which he praised president obama's economic plans as resembling his own when he presided over the boom in the '90s. a balanced approach to deficit reduction, tax increases and spending cuts and key investments. i just talked to a senior strategist for the obama campaign who said we all know that bill clinton has his own distinctive sp
john harwood is there live. he's a persuasive and charismatic speaker. >> reporter: especially on the economy, sue, which is why your economic data in the intro is so appropriate. last night we heard from the san antonio mayor and michele obama in motivational terms to the key democratic constituency groups, african-americans, hispanics, women. but tonight president clinton gets the heavy lifting talking about the economy weighing down president obama with 8% unemployment, with a deficit...
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83
Sep 28, 2012
09/12
by
FBC
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eye 83
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they approve a deal, the stock is cratered, guess what john thain does in the middle of that. tries to get a $10 million bonus essentially funneling taxpayer money. they needed to bail out of bank of america after those losses became disclosed using the taxpayer money and put it in there. trying to explain just trying to see how much i could push regulators in a post-bailout environments to do something like that. it really is absurd stuff. the latest is his trying to dispel the notion. you are an investor, think about it. it does not want to look desperate in this market. they see blood in the market and he can never sell for the premium he is seeking. i would take everything, but to our viewers, take what john thain says with a grain of salt. he is never right in the past. dagen: what about the possibility mentioned of how the banks are out of the picture in terms, do you think it ended up getting sold it would end up in the private hands? >> i don't know. people talk about canadian banks. another reason the canadian banks are in good shape is because the regulators are litt
they approve a deal, the stock is cratered, guess what john thain does in the middle of that. tries to get a $10 million bonus essentially funneling taxpayer money. they needed to bail out of bank of america after those losses became disclosed using the taxpayer money and put it in there. trying to explain just trying to see how much i could push regulators in a post-bailout environments to do something like that. it really is absurd stuff. the latest is his trying to dispel the notion. you are...
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Sep 6, 2012
09/12
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MSNBC
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bush and lynching death, i believe the man's name was james burg. they were comparisons of john mccain in 2008 to george wallace which was outrageous and despicable. and both sides when they use these tactics and both sides have used these tactics, my view it's wrong. it doesn't have a place in american politics. >> i'm sorry, but that both side of it, i think is not only ahistorical. it indicates as though african-american political power and the white political power with white supremacy. but they have a similar history and ugliness. the language about george w. bush in those chains had to do with him resisting a hate crimes law that would have made -- >> right. we can look on the ad. i think we could look at the ad. it speaks for itself. my point is when we were facing the mccain campaign with issues like the reverend wright. if we were going to use it the senior staff of that came, we said absolutely not. it's inflammatory. if you try to use these things politically, if you light that match, you can't control the fire. >> yeah. >> it's dangerous
bush and lynching death, i believe the man's name was james burg. they were comparisons of john mccain in 2008 to george wallace which was outrageous and despicable. and both sides when they use these tactics and both sides have used these tactics, my view it's wrong. it doesn't have a place in american politics. >> i'm sorry, but that both side of it, i think is not only ahistorical. it indicates as though african-american political power and the white political power with white...
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, john bain was not about how the system could be saved the economy preserved the integrity of the banks upheld. no he asked if his compensation was going to be cut. this is the guy who spent over a million dollars putting new carpets in his office paid for by shareholders and then taxpayers. today, i participated in a radio broadcast for bbc and npr again on the topic of the financial crisis. on the panel was bethany mclean, a great author and one of our favorite guests. she made a really important point. that flawed compensation structures that gave bankers proverse incentives to take great risk at the expense of others was at the root of the crisis but she pointed out we, as a society, did not and do not object to high pay when people perform. it's when they're compensated with huge paychecks and bonuses even when they fail and then are compensated again and again that we are troubled. she's exactly right. we do not object to derek jeter's big paycheck or warren buffett's. they earned them. the vignette trouble us because he did such harm and yet continued to feel so entitled. no sens
, john bain was not about how the system could be saved the economy preserved the integrity of the banks upheld. no he asked if his compensation was going to be cut. this is the guy who spent over a million dollars putting new carpets in his office paid for by shareholders and then taxpayers. today, i participated in a radio broadcast for bbc and npr again on the topic of the financial crisis. on the panel was bethany mclean, a great author and one of our favorite guests. she made a really...