coach mark jackson was born in brooklyn, played his high school ball just down the road from the new barclay center, the new arena there. you see klay thompson, the confidence growing. taking it to the rack strong. joe johnson lighting it up. finished with 32 points. nets by 6. steph curry goes from simmer to boil, knocking down threes. steph makes it rain. 28 points. fourth quarter, steph not with the shot, but the dish to green. the rookie had 6 points and 10 boards. david lee a double-double, 30 points, 15 rebounds. cleaning up inside. 109-102 warriors. they are now 12-7 this season, piling up wins even without andrew bogus.

barclays lloyds the other of the big four banks them u.k. paper apocalypse that's the whole if there's no laws against it why don't put a drought up there she makes me think why don't i go out to these terrorists no of course done because without the terrorism we wouldn't have enough money to supply the b.b.c. so that they don't report on it well of course other than the austerity measures here you also have tens of thousands of now headless mexicans they've lost their heads decapitated was a great thing about it just b.c. open the can't they only get in the mexican head you know it used to give away toasters now you get a dead mexicans head every time you open a carry just b.c. well also we were across america but now also in the u.k. there are private prisons and they have contracts with the government that derren t. . bodies in the jail cells so because of that we have because the real criminals are dancing around in their piles of cocaine the the simian bankers they're not in jail so there are spaces empty so they have to create fake cri

barclays lloyds the other of the big four banks them u.k. paper apocalypse that's the whole if there's no laws against it wide open to drought up there why go after these terrorists no of course not because without the terrorism we wouldn't have enough money to supply the b.b.c. so they don't report on it well of course other than the austerity measures here you also have tens of thousands of now have. lists mexicans they've lost their heads to decapitate us and are going about it just basically opening the can't they only get in the mexican head you know it used to get one toasters now you get a dead mexican ten every time you open carry just the same well also you were across america but now also in the u.k. there are private prisons and they have contracts with the government that guarantee. bodies in the jail cells so because of that we have because the real criminals are dancing around in their piles of cocaine the the simian bankers they're not in jail so there are spaces empty so they have to create fake crimes that normal human being

barclays lloyds the other of the big four banks them u.k. paper apocalypse that's the whole of there's no laws against it wide open to drown up debts makes me think why don't i go after these terrorists no of course done because without the terrorism we wouldn't have enough money to supply the b.b.c. so they don't report on it well of course other than the austerity measures here you also have tens of thousands of now headless mexicans they've lost their heads decapitated was everybody just b.c. you open an account there and you get in the mexican head you know it used to give away toasters now you get a dead mexicans head every time you open a carry just b.c. well also we were across america but now also in the u.k. there are private prisons and they have contracts with the government that guarantee. bodies in the jail cells so because of that we have because the real criminals are dancing around in their piles of cocaine the the simian bankers they're not in jail so there are spaces empty so they have to create fake crimes that normal huma

barclays lloyds the other of the big four banks them u.k. paper apocalypse that's the whole of there's no laws against it why don't want to drown up their shrink shrink why go after these terrorists no of course done because without the terrorism we wouldn't have enough money to supply the b.b.c. so that they don't report on it well of course other than the austerity measures here you also have tens of thousands of now headless mexicans they've lost their heads decapitated was a great thing about it just b.c. you open the camp there and you get in the mexican head you know it used to give away toasters now you get a dead mexicans head every time you open carry just the same well also we were across america but now also in the u.k. there are private prisons and they have contracts with the government that guarantee. bodies in the jail cells so because of that we have because the real criminals are dancing around in their piles of cocaine's that the simian bankers they're not in jail so there are spaces empty so they have to create fake crimes

barclays lloyds the other of the big four banks them u.k. paper apocalypse that's the whole of there's no laws against it why don't put a drought up there strange thing why don't i go after these terrorists no of course done because without the terrorism we wouldn't have enough money to supply the b.b.c. so they don't report on it well of course other than the austerity measures here you also have tens of thousands of now headless mexicans they've lost their heads decapitated was everybody just be so you know put in the camp they only get in the mexican head you know used to get away toasters now you get a dead mexicans head every time you open a carry just b.c. well also we were across america but now also in the u.k. there are private prisons and they have contracts with the government that guarantee. bodies in the jail cells so because of that we have because the real criminals are dancing around in their piles of cocaine the the simian bankers they're not in jail so there are spaces empty so they have to create fake crimes that normal hu

barclays lloyds the other of the big four banks them u.k. paper apocalypse that's the whole of there's no laws against it wide open to drought up there she makes me think why don't i go after these terrorists no of course done because without the terrorism we wouldn't have enough money to supply the b.b.c. so they don't report on it well of course other than the austerity measures here you also have tens of thousands of now headless mexicans they've lost their heads decapitated was a great thing about it just b.c. you open an account there only get in the mexican head you know it used to give away toasters now you get a dead mexicans head every time you open a carry just b.c. well also we were across america but now also in the u.k. there are private prisons and they have contracts with the government that guarantee. bodies in the jail cells so because of that we have because the real criminals are dancing around in their piles of cocaine's that the simian bankers they're not in jail so there are spaces empty so they have to create fake crim

and -- had details from two banks -- barclays and u.b.s.. what we thought was a scandalous tale, u.b.s. is making it look like nothing, so who knows what might be coming next? >> we hear a lot of jargon, but what does this mean for us? what impact does it have on our ability to get mortgages and car loans and things like that? >> basically none. the manipulations were small. traders would make for a rate go up or down a bit, just a few hundredths of a percentage point. that could make millions of dollars in trading. , so what they did is they made your mortgage a little bit more cheaper or a little more expensive. it probably even out. in the end there was a systemic attempt to lower interest rates, so if you were a borrower you probably got the best deal. the people who got the worst deal were the people who were investing money. >> this is about trust. it is about corruption at a time when banks were supposed to be cleaning up their act, and it seems like we cannot trust any of them. where does the industry go from here? >> they are clearl

what barclays was hit with $450 million fine, i mean, we saw a big hit in barclays' share price. this fine is three time the amount that barclays was fined. $1.5 billion or $1.4 billion swiss>>frank: francs. this is on the libor manipulation charges. ubs must pay swiss regulators $59 million in profits because the regulator can't fine ubs. the fine from the fsa is the biggest ever, 160 million pounds, $1.2 billion will go to the u.s. regulators. so the second biggest fine that was ever handed to a financial institution. of course, following that $1.9 billion fine that was given to hsbc. what we do know is that the company is admitting criminal wrongdoing in its japanese arm because, you know, around 30 traders worldwide had manipulated the yen libor between 2005 and 2010. the ceo speaking this morning says, you know, despite the troubles in the japanese arm, he does not believe that there's -- the bank is going to be shutting down the operations in that country entirely. saying that 30 to 40 people have already left the bank. they also gave us a bit more information on what kind

., le barclay's before it, sought repeatedly to fix libor for its own ends. >> tom: the probe into the libor interest rate manipulation involves more than a dozen major financial institutions including barclays, bank of america, and so.,ete generale.ne >> susie: uncle sam may soon be exiting the auto business. the treasury department said today it will sell is remaining and controversial stake in general ms ors, in the next 15 months. as part of the deal, g-m willor buy back $5.5 billion in shares, and that will happen by the end of this year. g.m. stock revved higher on the news, climbing 7% to $27 a share. and, as suzanne pratt reports, some investors like the sound of an independent g.m. >> reporter: it looks like general motors may soon be hitting the road all by itself. four years after spending nearly $50 billion to rescue the struggling automaker, the u.s. treasury wants out. and, gm needed to shake off the stigma of being known as government motors. >> general motors to wanted do this. they wanted to get the government off its back so to speak and to prove to the people they ca

., like barclay's before it, sought repeatedly to fix libor for its own ends. >> tom: the probe into the libor interest rate manipulation involves more than a dozen major financial institutions including barclays, bank of america, and societe generale. >> susie: uncle sam may soon be exiting the auto business. the treasury department said today it will sell its remaining and controversial stake in general motors, in the next 15 months. as part of the deal, g-m will buy back $5.5 billion in shares, and that will happen by the end of this year. g.m. stock revved higher on the news, climbing 7% to $27 a share. and, as suzanne pratt reports, some investors like the sound of an independent g.m. >> reporter: it looks like general motors may soon be hitting the road all by itself. four years after spending nearly $50 billion to rescue the struggling automaker, the u.s. treasury wants out. and, gm needed to shake off the stigma of being known as government motors. >> general motors to wanted do this. they wanted to get the government off its back so to speak and to prove to the people they c

., like barclay's before it, sought repeatedly to fix libor for its own ends. >> tom: the probe into e libor interest ratmanipulaon involves more than a dozen major financial institutions including barclays, bank of america, and societe generale. >> susie: uncle sam may soon be exiting the auto business. the treasury department said today it will sell its remaining and controversial stake in general motors, in the next 15 months. as part of the deal, g-m will buy back $5.5 billion in shares, and that will happen by the end of this year. g.m. stock revved higher on the news, climbing 7% to $27 a share. and, as suzanne pratt reports, some investors like the sound of an independent g.m. >> reporter: ilooks like general motors may soon be hitting the road all by itself. four years after spending nearly $50 billion to rescue the struggling automaker, the u.s. treasury wants out. and, gm needed to shake off the stigma of being known as government motors. >> general motors to wanted do this. they wanted to get the government off its back so to speak and to prove to the people they can pay b

like barclays before it sort repeatedly to fix live or for its own ends. rounding out the list is the u.k. based bank standard chartered which was fined three hundred million dollars for violation of u.s. trading sanctions american authorities found it had broken u.s. sanctions on iran burma libya and sudan bank was accused of hiding sixty thousand transactions with iran worth two hundred fifty billion dollars over nearly a decade as well as making transfer to other restriction nations. heiler secular was happening on the markets we start with the united states back from christmas traders are and this is the first consecutive session of losses the dow jones and the nasdaq losing within one percent president barack obama and congress are expected to come back to the table on the fiscal cliff version although we have heard that basically there will be no immediate implementation of this of this tax hikes because employers have not changed payroll tax withholding rates for january payrolls and federal budget cuts would slowly be phasing in also we are seeing

there was like twenty eleven around the time where more information was coming out about not only like barclays for example their tax strategies for tax avoidance but also you know more information was coming out about how much we subsidize the banks still despite the fact they crashed the economy they were being held responsible and the government's regulations are very we can not effective so we did do a kind of sins in occupations in parts of barclays and h.s.b.c. and b.s. because obviously they've kind of. taken they've had their own kind of welfare whilst welfare for the majority of people is being cut by as a gang obviously massive handouts so i think it may be interesting to think about revisiting those kind of campaigns there is a group which is like a group it came came out of you can call called move your money which started talking about moving people's bank accounts to alternatives the kind of more invest ethical investment kind of bank banks so that's that's one thing to look up yeah i think maybe it's time to that again of the bangs and i we've got about thirty seconds can you jus

there was like twenty eleven around the time where more information was coming out about not only like barclays for example their tax strategies for tax avoidance but also you know more information was coming out about how much we subsidize the banks still despite the fact they crashed the economy they weren't being held responsible and the government's regulations a very we can no effective so we did do a kind of sit ins and occupations in bob's of barclays and h.s.b.c. and r.b.s. because obviously they've kind of. taken they've had their own kind of welfare whilst welfare for the majority of people as being the bank as a gang obviously massive handouts so i think it may be interesting to think about revisiting those kind of campaigns there is a group which is like a group it came came out of a you can call called move your money which started talking about moving people's bank accounts to alternatives the kind of more invest ethical investment kind of bank banks so that's that's one thing to look up yeah i think maybe it's time to look again at the bangs and i we've got about thirty seconds c

from the new york times journalist in london she tweeted barclays hires x. fine. full services authority c.e.o. hector says to keep an eye on them turner and tucker could use a new job r.b.s. t.v.'s together revolt lindo our ice age a shuttle you know turn him into handbags are our station ever thanks so much for being on the kaiser report thank you stay tuned for the second half i'll be speaking to peter tony iommi. to let. old. live. that speak. to. her. mum will. ultimately. be a. good little. luck. to. her. son i mean very he little. he . which brightened. from. top teeth dot com. so. welcome back to the kaiser report i'm max kaiser time now to go to peter antonioni is the co-author of economics for dummies he is currently a lecturer in management at university college london his research interests are diverse and include long range scenario planning peter welcome to the kaiser report thank you very much much i mean we met up in cocoa nomics where i could say that you were the resident optimist you were on the panel for example small change big difference ten

there was like twenty eleven around the time where more information was coming out about not only like barclays for example their tax strategies for tax avoidance but also you know more information was coming out about how much we subsidize the banks still despite the fact they crashed the economy they weren't being held responsible and the government's regulations are very we can no effective so we did do a kind of sins in occupations in parts of barclays and h.s.b.c. and b.s. because obviously they've kind of. taken they've had their own kind of welfare whilst welfare for the majority of people is being cut by as a gang obviously massive handouts so i think it may be interesting to think about revisiting those kind of campaigns there is a group which is like a group it came came out of you can call called move your money which started talking about moving people's bank accounts to alternatives the kind of more invest ethical investment kind of bank banks so that's that's one thing to look up yeah i think maybe it's time to they could get other bangs and i we've got about thirty seconds can yo

from the new york times journalist in london she tweeted barclays hires x. fine. national services authority c.e.o. hacked or says to keep an eye on them turner and tucker could use a new job r.b.s. t.v.'s together in a volvo endo our ice age a shuttle you know turned him into handbags early states never thanks so much for being in the car as a report thank you stay tuned for the second half i'll be speaking to peter antonioni. world. series technology innovation all the developments from around russia we've got the future covered. do we speak your language i mean some of the will or not of the. news programs and documentaries and spanish more matters to you breaking news a little too negative angles stories. so you hear. it all to spanish find out more visit. all tito it's calm. and. welcome back to the cause report imax keyser time now to go to peter antonioni is the co-author of economics for dummies he is currently a lecturer in management a university college london his research interests are diverse and include long range scenario planning peter welcome to t

there was like twenty eleven around the time where more information was coming out about not only like barclays for example their tax strategies for tax avoidance but also you know more information was coming out about how much we subsidize the banks still despite the fact they crashed the economy they were being held responsible and the government's regulations are very we can no effective so we did do a kind of sins in occupations in bonds of barclays and h.s.b.c. b.s. because obviously they've kind of. taken they've had their own kind of welfare whilst welfare for the majority of people is being cut by as a gang obviously massive handouts so i think it may be interesting to think about revisiting those kind of campaigns there is a group which is like a group it came came out of a you can call called move your money which started talking about moving people's bank accounts to alternatives the kind of more invest ethical investment kind of bank banks so that's that's one thing to look up yeah i think maybe it's time to look again at the bangs and i we've got about thirty seconds can you just t

and barclays which were fined for libel fixing u.b.s. was fined one hundred billion dollars barclays half a billion altering the london interbank offered rate can make banks look less risky to investors than they actually are and it can affect the rates customers are offered on mortgages and other loans while handing out the fines the u.s. justice department did not mince words the banks it was simply astonishing hundreds of trillions of dollars in mortgages student loans credit card debt financial derivatives and other financial products worldwide or tie to lie boards which serves as the premier benchmark for short term interest rates in short the global marketplace to supply all of us relying on an accurate lie bore u.b.s. like park lease before it repeatedly to fix live or for its own ends. rounding out the list is the u.k. based bank standard chartered which was fined three hundred million dollars for violation of u.s. trading sanctions american authorities found to have broken u.s. sanctions on iran burma libya done the bank was acc

i'm just rethinking back to barclay's. >> right. right. >> barclay's were the first to go and say there's an issue, fess up, management gets cleaned up. everybody else coming later, same scale. >> so true. although everybody else has been restructuring significant shake-ups. >> i'm just saying, what a mistake for barclay's tactically to try and get ahead of it, right? >> yeah. >> if they had just sat back and said we'll wait -- >> they did get leanance when it came to the fine. >> yeah, but it cost the management. >> well, maybe that is wa -- >> management tactic point of view, clearly got it wrong, right? if they had just sat back with everybody else, they would have been the same fines. politics, right? >> absolutely. ubs has launched a setback against banking regulations. the fts clearinghouse will make the report of a global liquidity requirements. lenders will have to come up with asset toes comply. u.s. banks have raised their holdings of such liquid assets to $700 billion. that's about half of a shortfall claimed in 2010. >>>

there was like twenty eleven around the time where more information was coming out about not only like barclays for example their tax strategies for tax avoidance but also you know more information was coming out about how much we subsidize the banks still despite the fact they crashed the economy they were being held responsible and the government's regulations are very we can no effective so we did do a kind of sins in occupations in bonds of barclays and h.s.b.c. and b.s. because obviously they kind of. taken they've had their own kind of welfare whilst welfare for the majority of people is being cut back as a gang obviously massive handouts so i think it may be interesting to think about revisiting those kind of campaigns there is a group which is like a group it came came out of you can call called move your money which started talking about moving people's bank accounts to alternatives the kind of more invest ethical investment kind of bank banks so that's that's one thing to look up yeah i think maybe it's time to look again at the bangs and we've got thirty seconds can you just talk a l

from the new york times journalist in london she tweeted barclays hires x. y. . national services authority c.e.o. hector says to keep an eye on them turner and tucker could use the new job r.b.s. p.b.s. together of all the windows are ice age issue do you know turn him into handbags early states ever thanks so much for being on the carson report thank you stay tuned for the second half i'll be speaking to peter antonioni. soon which brightened. movement from phones to impression. screen stunts on t.v. don't come. close to the true science technology innovation hall believes developments from around russia we've gone to the future or covered. choose your language. make it with. some of the. treatments that use the concerns you. choose the opinions that immigrate to. choose the stories that impact your life choose people access to often. more news today violence is once again flared up. and these are the images the world has been seeing from the streets of canada. giant corporations are all day. welcome back to the kaiser report i'm max kaiser time now to go to pe

there was like twenty eleven around the time where more information was coming out about not only like barclays for example their tax strategies for tax avoidance but also you know more information was coming out about how much we subsidize the banks still despite the fact they crashed the economy they were being held responsible and the government's regulations are very we can no effective so we did do a kind of sins in occupations in bob's of barclays and h.s.b.c. and b.s. because obviously they've kind of. taken they've had their own kind of welfare whilst welfare for the majority of people as being the bankers the going over see massive handouts so i think it may be interesting to think about revisiting those kind of campaigns there is a group which is like a group it came came out of a you can call called move your money which started talking about moving people's bank accounts to alternatives the kind of more invest ethical investment kind of bank banks so that's that's one thing to look up yeah i think maybe it's time to look again at the bangs and i we've got about thirty seconds can yo

from the new york times journalist in london she tweeted barclays hires x. fine. full services authority c.e.o. hacked or says to keep an eye on them turner and tucker could use a new job r.b.s. t.v.'s together revolt lindo our ice age issue till you know turn him into handbags are our station ever thanks so much for being the cause report thank you stay tuned for the second half i'll be speaking to peter antonioni. world. series technology innovation hall believes developments from around rush hour we've got the future covered. that speech. you. will. be. ron i mean very little. is he. welcome back to the kaiser report i'm max kaiser time now to go to peter antonioni is the co-author of economics for dummies is currently a lecturer in management a university college london his research interests are diverse and include long range scenario planning peter welcome to the gaza report thank you very much marx early pinto uni we met up in kill comics were i could say that you are the resident optimist you are on the panel for example small change big difference ten pra

from the new york times journalist in london she tweeted barclays hires x. fine. national services authority c.e.o. hector says to keep an eye on them turner and tucker could use a new job r.b.s. he b.s. together we have also the endo our ice ages show you know turn him into handbags are our station ever thanks so much for being on the carson report thank you stay tuned for the second half i'll be speaking to peter antonioni. more news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. trying to corporations rule the day. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize everything you thought you knew you don't know i'm tom harpur welcome to the big picture. download the official publication to choose your language stream quality and enjoy your favorite. t.v. is not required to watch on t.v. all you need. any time to. do the. audience technology innovation is developments from around rus

from the new york times journalist in london she tweeted barclays hires x. fine. national services authority c.e.o. hector says to keep an eye on them turner and tucker could use a new job r.b.s. t.v.'s together we have all the window our ice ages should oh you know turn them into handbags early states ever thanks so much for being on the carson report thank you stay tuned for the second half i'll be speaking to peter antonioni. world. science technology innovation all the list of elements from around russia we've got the future covered. do we speak your language anything about the will not advance. news programs and documentaries some spanish more matters to you breaking news a little turn to angles stories. for you here. in troy altie spanish to find out more visit. tito it's. sigrid lumber to. tim kirby was able to build a most sophisticated robot which on fortunately doesn't give a darn about anything tunes mission to teach music creation why it should care about humans in the world this is why you should care only on the dot com. easy some to see. destruction

from the new york times journalist in london she tweeted barclays hires x. fine. national services authority c.e.o. hector says to keep an eye on them turner and tucker could use a new job r.b.s. t.v.'s together in both the endo are i'd say just show you know turn him into handbags early states never thanks so much for being on the carson report thank you stay tuned for the second half i'll be speaking to peter antonioni. more news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. giant corporations rule today. choose your language. make it with oh if you're going to kill someone. choose good consensus to. choose the opinions that you think are great to. choose the stories that impact might choose the access to. welcome back to the kaiser report max times are time now to go to peter antonioni is the co-author of economics for dummies he is currently a lecturer in management a university college london his research interests are diverse and include long range scenario planning peter welcome to the kai

connell: now to barclays getting bullish on the oil services sector. dagen: sander smith knows it all from the pits of the cme. sandra: oil is flirting with $90 a barrel. the energy sector is one of the best performers today. i have a god who is like barclays very bullish on the sector. >> we have been accumulating halliburton for the past few months. sandra: production levels are significantly higher. it is the threat of more consumption going forward? >> i think we are able to now support ourselves better in the future. i think a lot of people that we would be counting on the middle east forever. sandra: you say own oil services at these levels. >> yes. 4325 cycles. sandra: there you have it. oil is on quite the run today. a lot of folks very bullish, along with barclays on those stocks. back to you. dagen: please use this time of year to remind yourself of how lucky you are to work with me. that is connell's christmas card to the. connell: merry christmas. dagen: you do not want to miss what is coming up. forget those mayan predictions of the end of

in june, the nation's financial regulators imposed a huge fine on barclays bank based in the uk for underreporting libor. the global benchmark is used for hundreds of trillions of dollars in transactions. regulators in various countries are also investigating possible involvement of other banks. >>> in japan, financial regulator -- japan's financial regulator, that is, they plan to strengthen rules against insider trading after a series of information leaks from major securities firms earlier this year. the financial services agency now wants stricter punishment for employees at securities firms who illegally leak information to their clients. under current regulations, those employees are not subject to punishment. but after the revision, the agency will reveal names of those involved in serious cases. that's including investors. the agency is also considering a steep rise in penalties. regulators hope to comete a revised bill by the end of the year and submit it to parliament next year. >>> now let's get a check on how markets are performing. tokyo's main stock index broke 9,600 for the first ti

in june, the nation's financial regulators imposed a huge fine on barclays bank based in the uk for underreporting libor. the global benchmark is used for hundreds of trillions of dollars in transactions. regulators in various countries are also investigating possible involvement of other banks. >>> in japan, financial regulator -- japan's financial regulator, that is, they plan to strengthen rules against insider trading after a series of information leaks from major securities firms earlier this year. the financial services agency now wants stricter punishment for employees at securities firms who illegally leak information to their clients. under current regulations, those employees are not subject to punishment. but after the revision, the agency will reveal names of those involved in serious cases. that's including investors. the agency is also considering a steep rise in penalties. regulators hope to complete a revised bill by the end of the year and submit it to parliament next year. >>> now let's get a check on how markets are performing. tokyo's main stock index broke 9,600 for the first

. >>> the rolling stones rocked the barclay center in brooklyn, saturday night. the band members are all in their 60s or 70s but their age did not stop them as they kicked off their 50 and counting anyone tour. the rolling stones have been performing for 50 years. the final show on december 15 will be available on pay per view. >>> today on dr. phil, legendary entertainer barbara streisand is talking about her new movie, motherhood, and singing in public. you may find it hard to believe but she says she's actually embarrassed to sing sometimes. you can watch the dr. phil show weekdays right here on channel 9. it begins at 4:00 p.m. >> she doesn't do a lot of interviews. >> no, she doesn't. or concerts. she really doesn't. but if you ever get an opportunity to go to one-- >> i have seen the stones but not barbara streisand. >> fabulous. >>> how is the weather? >> cloudy and damp all day. the fog has burned off. i have a weather camera out of tysons corner. you're going to like this if you're in tysons corner. if you're stuck in the fog, you'll say why not me. we'l

and the world bank of scotland, lloyd's, and barclays have also had to fork out. hsbc's $2 billion fine may seem shocking at first glance, but it only represents about one-tenth of their 2011 profits. >> the european parliament's has approved rules out aiming at cutting red tape and standardizing procedures across the eu. >> the have already given their backing to the new system which would make it easier to file for protection starting in 2014. previously, investors had the summit of applications to each be a country. the paperwork could total some 20,000 euro, most of it for translation costs. >> four years after the bailed out -- they bailed out insurance giant aig, the u.s. has sold all remaining shares in the country -- company. >> was the world's biggest insurance at the time, but this forced the u.s. government to step in amid fears over the fallout on global financial markets. a bailout worth $182 billion save the company. it is only about half the size it used to be. >> we have a short break. after that, we will take you to molly looking at the latest dev

a lot of press speculation about the side of the fine, but it's three times bigger than the fine ba barclay's was fined. ubs also admitting to criminal wro wrongdoing in japan. >> how are global markets doing at this hour? >> well, actually global markets are up. they're cheering, you know, the fact that there could be a fiscal cliff deal between democrats and republicans. look, we've got european markets close to year highs, the cac and dax at 52-week highs. this is more related to the expected aggressive monetary easing by the boj, but even the u.s. markets, the s&p 500 at a two-month high. >> i'm curious, we never really know how the fiscal cliff conversation plays out overseas. is it something that moves the needle in the markets in europe and asia? >> absolutely it does. given that, you know, in terms of european risk, everything pretty much done and dusted. we don't have much more european event risk until the end of the year, this is what we're focusing on. every morning when we get to work, we are watching the overnight comments from mr. obama and mr. boehner. that's why european mark

barclays admitted to controlling the benchmark interest rate and was forced to pay $453 million in a settlement. the men remain unidentified. other big banks including ubs, jp morgan, citigroup and hsbc are still being investigated for possible connections to the libor scandal. general motors, struggling with an overstock of their full- sized trucks, is hoping to unload some inventory. the car company is trying to boost sales with an enhanced package of incentives for poetential buyers - a good thing for consumers, not necessarily for gm. the car giant had earlier vowed to hold off on such promotions in order to shield profits through the end of the year. the government is poised to make a $22 billion profit on its bailout of aig. the treasury department said this week it will sell its remaining shares of the insurance company. that consists of 234 million shares, or 15.9% of the company. it marks an end to the bailout the government gave to aig at the start of the financial crisis. thousands of supporters and opponents are expected at a public hearing on fracking today in albany, ne

barclays coming out with its outlook. we'll talk to their first strategist. weeks away from christmas but today is the busiest day actually i think in corporate history for fedex. millions of deliveries being processed. we'll take you live to a fedex center as millions of dollars, nothing to laugh about. we'll introduce you to the entrepreneur who has managed to make big money making people laugh with his company cheeseburger. that's coming up later this hour. we'll start in washington. president obama, speaker boehner met face-to-face over the weekend to talk some fiscal cliff. our john harwood is live at the white house with more on that. john, good morning. >> good morning, carl. you know the president's been very clear since the election that republicans need to give on taxes for people at the top and not just on revenues, but also on tax rates because he says the math can't work otherwise. we've seen some signs of cracking in the republican unity. that suggests we may be getting to the next phase of negotiations. the latest sign was possible corker, the

barclays out with its 2013 outlook. head of research is here. how the fed moves impacts your money next year and if it will impact his money, his 2013 outlook. >> later, if you could own one technology stock next year, which one would it be? noted technology investor dan niles is here, and you may be shocked and surprised to find out what name he's going with, still to come. you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ >>> all right. the losses have been cut in half. dow was down 90-plus points a moment ago until we got word that speaker john boehner is headeded to the white house for a meeting face to face with the president on fiscal cliff issues. that meeting is scheduled to begin at 5:00 easte

citigroup, deutche bank, barclays and the investment banking unit of bank of america left it up to individual departments to pay out of their own accounts. back in the day, as in before the financial crisis, wall street firms rented out nightclubs and steakhouses in midtown for holiday celebrations. the u.s. government is calling in the national academy of sciences for yet another safety review of airport scanners. the department of homeland security says the nonprofit group of scientists will be charged with reviewing previous studies done on the scanners. the call comes amid continuing concerns from some members of congress, as well as some scientists, about the amount of radiation that the scanners subject travelers to. brave investors who bought junk-rated greek bonds in january of 2012 are sitting on profits. the highly-risky bond buy during an extremely volatile time for the country has earned investors 20 times more than people who purchased top-rated german debt this year. bloomberg news reports the return on the greek junk bonds is up 80%, compared to a gain of just 3.7% for german b

ubs' fine of over a billion dollars is nearly triple what barclays paid when it settled a similar case in june. ubs has made no public comments regarding the fine. jp morgan is beind sued over mortgage losses. the national credit union administration is filing lawsuits against both jpmorgan and its bear stearns unit. the suit claims that bad mortgages totaling $3.6 billion were sold to a handful of federal credit unions. losses from the mortgage securities eventually led the unions to collapse. rim is giving 120 top-tier customers a sneak peak of the new blackberry 10. select government and enterprise customers are beta-testing the new phone. the blackberry 10, which launches next month, is considered by many watchers to be a make-or-break device for blackberry. research in motion, better known as rim, has been struggling mightily to maintain market share against the iphone. the race to the top spot in car sales is becoming more competitive. currently, general motors is in the lead, but toyota is coming on strong and so is volkswagon. based on gm's track record of overproducing cars th

donny has been playing well, don barclay. we gave them some help today, but they held up and in the run game we did a good job keeping it square. >> michele: you took some nasty hits out there tonight, hard hits. did you feel they were within the rules or outside of the rules? >> i let those people figure that out. got one called. >> michele: congratulations on the win. >> thanks. >> michele: let's turn to tramon williams, your sole duty tonight was to catch calvin williams. how were you able to do it? >> just a team effort. obviously when you face a guy like calvin, it's a total defensive effort. we kept an eye on him all day. >> michele: next week you're expected to get clay matthews and charles woodson back, expected to. how do you feel your defense is positioned for the final stretch here? >> i think it's positioned good. when those guys come back, it will make our team that much better. >> michele: congratulations. >> thank you. >> so with the packers' win over the lions, the nfc picture looks like this. san francisco an

barclays paid a $450 million fine to settle similar allegations last june. >>> consumers are spending more, but the results are mixed for retailers. the commerce department said on thursday that retail sales increased 0.3 in the month of november from the month before. the increase is due in part to hurricane rebuilding in the northeast. the report says online shopping surged, but department store sales declined. >>> in new york, raising your arm in the middle of the street and yelling "taxi" may soon be passe. the new way to get a cab, maybe with a smartphone app that's being tested. the passenger would use the app to request a ride. the first cab driver who responds to the call from their cell phone gets the ride. similar programs are in use in other cities. >>> and you might not know the name, but you have seen unique label that norman woodland developed with another engineer. the rectangle found on just about every product we buy. they got a patent for their invention 60 years ago, but the technology to use the bar code was not developed until 1974. norman woodland was 91 years ol

barclays and hsbc both lost ceos after an investigation revealed the banks had manipulated libor, a benchmark interest rate, for the benefit of their firms. still to come, how counterfeit wine may be sneaking its way into your glass. that's later. but first, will the box office hit the billion-dollar record? what movies could stand in the way, after these "in the know" messages. wñ this just could be a record- breaking year at the box office. with just a handful of days left, the 2009 record of more than $10.5 billion spent at the movies is within reach. with us is erik childress of the chicago film critics' assoc. hi erik. > > hello. > so, what did everyone see last weekend? > > last weekend you had a bunch of new openings come up. you had tom cruise's latest film, "jack reacher," did only about $15.6 million. one of his lesser openings for the better part of his career. judd apatow's "this is 40" made it $12 million. but everyone was still seeing "the hobbit," which, even though the number was down, was still very handily at number one. > and "the guilt trip." how did that do? > > not very

equity portfolio strategies at barclays. barry i need to get to you in a second for the market reaction, because it's still going to be above 13,000 if it were to open here and not sell off all day long. roger, have you talked to any administration officials in the last 12 hours to get an idea of what is likely now? >> not since last night. >> what do you think is likely? do you think we're going over? >> first of all, i thought congresswoman capito's assessment was quite an indictment of the situation on the republican side. she was pretty candid. >> uh-huh. >> and she obviously described a situation which is in disarray. it's hard to imagine, joe, a tougher moment. >> all right. >> for speaker boehner, a more shocking defeat and so forth. >> the white house would not have taken that deal. so if they -- they can't even get that deal agreed to, which we know the white house wouldn't have taken, it just seems like they're much further apart than we thought on monday or tuesday. >> i think what will happen now, is that the lev

the arrest follows an investigation launched this summer after barclays bank was fined more than $400 million for falsifying reports related to the libor. the rate indirectly affects consumer borrowing, things like cars and home loans. >>> beyonce is the new face of pepsi. the singer inked a deal worth a reported $50 million to promote the soft drink. pepsi will issue a limited edition can featuring beyonce. they're also sponsoring her performance at halftime at the super bowl. >>> and one of the priciest cups of joe in the world comes courtesy of some supersized baristas. they feed the beans to herds of el familiarities in thailand who digest them and pass them through their system, if you know what i mean. after that they collect the used beans. oh, come on. they're brewed into a blend that costs 500 bucks a pound. >> she's drinking it. >> oh, don't do it, don't do it. the price comes to $50 a cup. the makers say the process eliminates the coffee's bitterness. that sounds delicious. >> doesn't it? the business is gone, but i wonder how it smells. i bet it tastes like -- >> i know. g

regulators slapped britain's barclays bank with a $450 million fine for similar charges. >> susie: u.s. regulators may be near an end to an anti-trust investigation of google's internet search results. at issue is whether google manipulates results of its internet search engine to hurt competitors. it was accused of unfairly promoting its shopping and travel services over those of others. google denies it used its dominance in the search business to hurt rivals. the federal trade commission is expected to wrap up the probe by the end of the year. and why a new program to help student loan borrowers could on another front google allowed its google maps app to be used on apple iphones, ths has been a real controversial issue, as you know. and now apple iphone users will have access to that and it's not just about getting directions. a lot of revenues are involved here, advertising revenues, huge, enormous. >> big news. >> tom: it was. three months in the making, of course, when apple unleashed its new iphone it didn't come with that goog el-- google map app, now is out there on the marke

to get financing for that, they were backed up by goldman and barclays. they allegedly had service behind them. i wish i had more, sort of, feeling about that that i knew getco put out a press release. you are not lying. lori: when you say that wall street likes this deal, does that mean they are looking for additional consolidation or is it just a simple knight capital story? charlie: it is up $0.20. it is up fairly significantly from yesterday. i think right now, what we are looking at with knight capital is a special situation. nicholas has been buying up there on a buying spree. there is some consolidation between midsized firms. these are people who want to cash out on their bid. one of the bailout partners was getco. their partner in crime, i should not say crime, jefferies, they had another seat at the table. it was very difficult for anyone with virtu to win. i love covering these mergers. it is like battleship. it is a war that goes on. melissa: there were a lot of people that passed that up. charlie: he may have even have the sole opportunity to