june 2014 deadline for barclay's. carefully chosen to make them capable of something they didn't otherwise need. here we are, raising 6 billion pounds. once we get beyond june 2014, lo and behold, barclay's had to give it all back to shareholders to do that. they are already obligated to do that with the yield. we have 2015 on the perspective basis. >> is that why barclay's is still your preferred uk bank or is it really unvalued reason? >> domestic, i would prefer barclay's. it's been quite resilient over the last month given the overhang of the forthcoming rights issues. if there were to be some softness over the next month, i wouldn't be the least bit surprised. >> you mentioned the rights issue. barclay's return on equity, covering cost-effectiveness is pushed out by year 2016. that puts it level with lloyds, albeit traders at the 53% valuation discount. and it still puts it ahead of rbs, which won't get there until 2017 at the earliest. so the peer domestic context on a fundamental basis, i still prefer barclay's

liz: pretty were the same with barclays with a successful model. >> we got the model. liz: do you have bookings? >> 200 letters of intent from boxes to college basketball to shows whether se services or artists jay-z it is coming there, he has not played tin 10e convinced him to come to it before it closes in a sense. that is what we can bring. liz: streisand? >> i bit you, we'll get streisand too. we have to convince her. liz: benny is asking about add adams for peace. >> we'll get them. liz: brooklyn nets owner is your partner in this, how committed is he to islanders. >> he is committed to the basketball, he made trades this year that will make us a real contend or for the nba title. that costs a lot of money, he has to commitment charles wong owns islanders, he had a team in play-offs this year, they are going to get better and better, a young, good team, they sold more tickets than any more exhibition team, and ha. >> so there is really interest in hockey. liz: i talked with islander fans that live on long island because of the public transportation system, it is

he was the man who ran barclays which took over lehman brothers. we have the story next. ♪ ♪ capital to make it happen? without the thinking that makes it real? what's a vision without the expertise to execute it... and the financing toake it grow? whatever your goal, it can change more than your business. it can change the future. that's why, at barclays, our ambition is to always realize yours. liz: well, it was about five years ai was doing a piece for fox business in beverly hills, california. we were all going back to our hometowns to talk about opportunity in america, and this was happening. the lehman brothers bankruptcy. and fox business actually got the first information on the friday before the actual monday bankruptcy that they would be shutting their doors. and you see these people walking out, it marked the beginning of the worst of the financial crisis. lehman brothers assets in north america were bought by the british banking giant barclays. how has that bank been doing? joining me now, just two blocks north of fox business is ad

i'm bullish on barclays. and it's become a better and stronger institution. >> one of the things you mentioned yesterday was what you called the no jerks rule. >> right. >> that you like to have no jerks around. how do you avoid having jerks around? given the problems that happened related to libor, there was some jerks there. >> it was a great panel. didn't you think? i think it's a time when you know having these debates is appropriate. and i think one of the things that came out of the panel is a lot of things haven't changed. it's not hard to tell, you know, good guys from bad guys, people that have ethics and integrity and people that don't have ethics and integrity. one of the things we're getting to as a panel is it's important to have a strong culture and to have rules that enforce the fact that if people don't behave appropriately and don't support the culture of the organization, they have to leave. >> all right. i have argued as you know, because i wrote the piece about you in the new york magazine

one of the key businesses for barclays is barclay card. i spoke to the queen of cards earlier this week and asked her, being top of your game, being the market leader, does that leave any room for growth? >> there is absolutely growth in the payments business. and barclay card is growing overall. so over the past three years alone, roughly we have doubled the size of the business. we have added over three years, 12 million new customers to the franchise. if you look at the payment flow, our payment volume that comes over our rails, that's increased by nearly 30% over the past three years. there is absolutely growth in this particular area. >> all right. meanwhile, let's move on as well. helia joined me on the set. market analysts are unified in expecting no change to interest rates or asset purchases, comes one week after mark carney's main speech as governor where he reiterated his commitment to forward guidance. the key thing here, helia, despite that commitment, we continue to see upward pressure on the long end of the curve. ten-year g

. >>> and barclays restrict many abroad. we'll talk but how that is impacting somalia. >>> first, al jazeera has been inside nairobi's westgate shopping mall for the first time since the hostage crisis ended. the government is facing intense scrutiny of how it handled the attack. and leaks of years ago of such an attack. andrew, you've been inside the mall, what did you see as you walked inside the main entrance? >> well, initially it did not seem like a place of death, a placing of investigation. i walked through and many traders, business people all coming in to try to retrieve their belongings, walking through the rubble. it was a scene of absolute chaos inside, but methodical operations by the fbi investigators who i saw. i didn't speak to them. then i walked through the entrance, left arts art cafe, that's right on the balcony at the front of the building. devastation obviously there. there had been a lot of clearing up going on. i moved through this to the first floor and saw a number of shops. everywhere you looked sh

we hear from financial companies when barclays hosts starting monday, we get an energy show courtesy of barclays too, plus deutsche bank on tuesday same day goldman sachs starts the global retail pow wow. these are incredible market-moving events where you can expect that hedge funds will be listening and piggy backing off that. i mean, we're all going to be stuck in the wake of their trades. when i managed money full time, i devoured as many stories as i could, and they will move stocks i i'll do my best to keep up with them. i care especially about the barclays energy shin dig, oil hit a two-year high today, and i bet we can get revisions upwards at many of these conventions. of course, we'll have to pay attention to every -- i was going to say silly but i don't mean that, it would be derogatory. we have to pay attention to every senator or congressman who squawks about syria. those will matter too, at least on a day-to-day basis. here's the bottom line, a bunch of tradeable conferences and earnings but at all times watch the news on syria as long as anything that impacts bonds and

we hear from financial companies when barclays hosts starting monday, we get an energy show courtesy of barclays too, plus deutsche bank on tuesday same day goldman sachs starts the global retail pow wow. these are incredible market-moving events where you can expect that hedge funds will be listening and piggy backing off that. i mean, we're all going to be stuck in the wake of their trades. i devoured as many stories as i could, and they will move stocks i i'll do my best to keep up with them. i care especially about the barclays energy shin dig, oil hit a high today, we can get revisions upwards. of course, we'll have to pay attention to every -- i was going to say silly but i don't mean that, it would be derogatory. we have to pay attention to every senator or congressman who squawks about syria. those will matter too, at least on a day-to-day basis. here's the bottom line, a bunch of tradeable conferences and earnings but at all times watch the news on syria as long as anything that impacts bonds and bonds not what the companies say themselves will control the overall direction

it wasn't a lot of money compared to the size of barclays. merrill on the other hand was sold to bank of america for hefty amount of money and many people think that among the many sort of missteps of ken lewis, decent guy, countrywide was a big misstep. bank of america paid mightily because of countrywide disaster and its exposure to bad mortgages. merrill probably overpaid too much for because it could have gotten merrill in a couple days in bankruptcy. remember these firms, what are they? they're people. sometimes you get the people for free. so who knows what this thing is worth, i don't know. david: barclays ended up getting a hell of a bargain. >> they did. they got good parts of lehman and government, fed had bad part. u.s. taxpayers. david: i think the government might be reluctant to get in on that one. >> that is, i guaranty, that is not happening. david: that is not going to happen this time. charlie, thank you very much. breaking news from our own charlie gasparino. let's get to today's market action. lance roberts, fta wealth man

2008, barclays try to buy the north american holdings, with the u.k. regulators said no. after the bankruptcy filing, the largest in u.s. history, 600 billion in debt. bought the position. so too big to fail is still alive and well. talk about this issue earlier this morning. going forward lehman brothers no longer exists. barclays does. connell: thank you. our next guest was front and center and washington d.c. during the art of the financial crisis. the former head of the fdic. fighting to it save main street from wall street and wall street from itself. thank you for coming on. kaj want to talk about a column that you wrote last week. it is interesting and brings up some interesting points. let me bring up what bob bowman pointed on. it's still a threat to the economy. >> i think our tools for handling large financial restitutions unavailing are tremendously improved from a we have before. a specific institution fails, you have the tools to deal with it now. i guess i would disagree with them a little bit. but you're really don't end it too big to f

. >> barclays cut its forecast of india's fiscal year 2013-2014 account deficit and said the country may be able to almost fully fund the c.e.d. the rupee has declined by nearly 22% against the u.s. dollar since may, but on the last trading day of the week, the r.b.i intervened strongly to help appreciated by more than two percent. meanwhile, the firefight continues. there are no avenues for employment for the majority of youth. government service, which used to be the most stable option of employment, is now being undermined with government servants who are not paid their salary in time. >> economic hardship is being extended to a large number of students. admission is being terminated from private and government schools because their parents are unable to bear the expenses of paying school fees. parents blame the government of pakistan and the administration for not ensuring a right to education for the children in circumstances where the administration is a principal defaulter. >> angry over the termination of the children from school admissions, parents sat in protest outside the

meanwhile, barclays which bought the u.s. operations of leemans after its collapse says the too big to fail threat does loom over the financial system writing bob dimon says regulatory arbitrage continues to weaken banking. companies including barclays were over leveraged in the boom years. so we want to hear from you. do you think banks are still too big to fail? join the conversation on "worldwide exchange." e-mail us or tweet us or directly @rosswestgate. >>> the president has a full agenda, of course. he's also blaming conservative republicans for a stalemate in the u.s. budget with a possible shutdown in two weeks and a debt default in october. they're trying to make defunding the president's health care a condition for raising the debt ceiling. the president says whilst he will deal with the congress on the budget, he won't negotiate on the debt ceiling. >> when it comes to budgets we never had a situation in which a party said that, you know, unless we get our way 100%, then we're going to let the united states default

barclays with a 64-dollar target. barclays noting there are very few companies well-positioned to cap callize on mobile and global markets. they are liking what they see going forward. how about smith & wesson but talk about firearms, guns. smith & wesson had a great run this year. stern ruger around smith & wesson had a great quarter. smith & wesson talking about the sales are good but gave a cautionary tone going forward. both missed analyst estimates. fewer days of production are expected. they warned of some higher operating costs. so as a result, big moves down for smith & wesson today, down 10%. back to you. ashley: all right, nicole. thanks so much. we'll be back to you at the bottom of the hour. tracy: all right, coming up, we have got new disappointment on the jobs front. former cbo director douglas holtz-eakin tells us what it will take to get back to a solid labor market. wow, if he knows that, we should make him president. ashley: sinned him to washington. tracy: really. ashley: ashley: first look how the

remains one of barclays top picks amidst all this, still a quality name, offers production growth, cost controls. so they're downgrading the entire gold mining industry to a neutral rating from a positive. not a sell, a neutral rating. double that up, ashley, with this enormous selloff in gold over the past couple of trading days, and you've got a pretty bearish environment for those gold stocks. so gold, silver and the other precious metals getting hit. ashley: taking a beating. sandra, thank you very much. all right, shares of netflix skyrocketing today hitting an all-time high in the morning's trading after two analysts raise their price targets on the online video service. the stock, by the way, up more than 400% over the past year. so is there room to go even higher? one of those bullish analysts, mark mahaney, from rbc capital markets, joins me now all the way from beautiful san francisco. mark, thanks for joining us. listen, you boosted your netflix target price by some $50. what do you like about this stock, about this company? >> i think as a thematic point, i'd say that this c

that will be underwritten by jpmorgan, morgan stanley, barclays and bank of america. verizon expects to see its credit rating to drop by more than 1 notch. guy, let's kick off with you first of all. 130 bid. that was at the top end of expectations. what do shareholders want with the cash they're going to get back? >> yes, you're right. it is the top end of expectations. the key thing shareholders wanted, something around 70% to come back to shareholders over the next two to three year time period. >> how much in a one off payment. >> there's $40 billion sterling. that's the top end of the range as like a special dividend in a special timetable. longer term it will depend on the verizon communications equity. that will determine how long it takes to get all of the money back for shareholders. >> what should they do with the rest? there's talk they'll reinvest more in cable and building out their european base. is that the right strategy? >> don't forget they've already essentially spent $10 billion of it. there's also other assets in the european cable and infrastructu

. >> i was there, you were there, we were at the barclay center. i notice when miley cyrus was supposed to finish, when it was the other performers turns, she kept dancing with that foam finger off in the corner. she wants us to talk about her, doesn't she? she wants this attention? >> she absolute redoes. get ready, world, this is the new miley. i work for the internet, obviously, so we've been keeping an eye on miley. she's kind of been like this since she got her haircut last september. she gave a quote to the toronto sun saying she never thought a haircut would change her entire persona, but it did. she also is kind of defending herself. she also has mentioned that she's been called names since she got her haircut, so she's kind of proving herself to be the new miley. >> she sure is. >> not hannah montana anymore. >> the second one, the reason why it's a jid media story is that her behavior was totally cringe worthy. >> i was in the pressroom, i know you were at the show. when she came on, we went silent and were looking at each other like is t

i said barclay. i'm taking a picture of barclay watching the show. >> they're called selfies. >> not part of the deal but it's okay. >> somebody told me charlie will neve ask you back again. is that true charlie? >> no. >> they said you would never ask me back again. >> no. of course not. it might be a while. >> ow. >> i'd invite you back tomorrow. i took you to dinner before hand for god's sakes. >> and paid. and paid. but let's just say this, because i'm sort of irritated by people that say don't talk about it because i'm thinking it's like watching the super bowl. but can yes we say we were satisfied with the ending? >> loved it. perfection. >> really exciting. >> you're talking about the show. >> yes. >> wow. >> norah it ended at 10:15. at 10:20 i was in the car going home and at 10:40 i was in bed by myself. >> but it does have a different connotation. >> what can i say. i just had to go there. sorry. >> bad girl. >> tomorrow on "cbs this morning," this is going to be great, vince gilligan he's

the team at barclay's recently had an extensive note about the difference in performance. they point out two things. first of all, rising rates we've been talking about this theme all day. they say it's a big negative when it comes to demand and general housing sentiment. also, too, they point out that the run we see in new home prices may finally be overextended. now, it is a very different story when we talk about these home improvement names though. barclay's points out that remodeling, also home improvement projects, big lagarde when it comes to that sector. so really right now is the time for a lot of momentum in those stocks and certainly the sectors to keep an eye on it if you're looking for a bet in those names, maria. >> of course, home depot a front-runner in the housing recovery. just look at the numbers. for the second quarter profits were up 17% at home depot. sales rose to above $22 billion. check on the stock on fire which is up 20% year to date. sweet looking chart there. with me, the man making it all happening, leading this recovery, home depot chair mann

. >> okay, miss barclay. >> good evening members of the commission. the problem with the appellant calculation is that they totally ignored section 102.12 c of the planning code which defines height. what it says is the height limit as you start in this case we start with the legislative setback which would go up 30 feet and the 45 degree and up, but then this particular section set that in every other cross section of the building a right angle to the center line of building set such point shall be taken of the average of the ground elevation of either side of the building of building steps at the cross section. the reason is because a slope that is not necessary and in fact they usually do not go on a straight line by connecting the point in front that they had and then got to the property line, the center line and connect it. what the code section said is that you have to take at the critical point of the building especially in addition on both sides and establish that at that point of the cross section. so in this case, the instruction by the plan

joining us now is larry cantor from barclays. dan baird from palisade capital management. barclays, your guy over there raised the price target last week on the s&p thinking this is going to be good. the fed is not going to taper. what's wrong with the market? why has the market done virtually nothing since then? except for one day? one we reaction, that's it. >> we had a one day rally. it seems everyone is now focused on the budget negotiations. it's easy to bet. i think we've been through this five times now. it's going to get worse before it gets better. but it's hard to bet on a blowup. consequences would be pretty severe. they'll get through this. people get more worried -- >> i hear you saying buy any dip, then. >> i think so, yeah. i think what's happened with the fed is the focus is now going to be on growth. it's clear instead of watching the fed, we all have to watch the economy. >> yep. >> we think sort of not yet. but by the end of the year, probably you're going to see the economy pick up. the fed comes back in play. another leg down in the bond markets. and m

that's why, at barclays, [curly fry] i know, right. [fuzz pile] movies,music,space as far as the fry can see. [bubble wand] ha.good one. [jelly animal] a great storm comes. we're all doomed. [bubble wand] that guy isn't all there. [fuzz pile] come on,it's a honda,they're built to last... [announcer] we understand life in a minivan. introducing the first minivan with an available built-in vacuum. start something special in the redesigned odyssey from honda. >> and continuing coverage of the deadly shooting at the navy yard in washington, d.c. the fbi has now released this picture of the shooting suspect 34-year-old aaron alexis. a former navy reservist from fort worth, texas. now we are learning police had arrested him more than once. before today's shooting. during one incident, back in 2010, his neighbor says alexis shot a bullet through his ceiling and right through the floor of her apartment. one flight up. chief fox report correspondent jonathan hunt is with us in our new york city newsroom. jonathan, this actually, and i'm reading

swallowed up by barclays and jpmorgan chase. for most of the banks it is like the crisis never happened. jpmorgan made $6.1 billion up 32% from the previous year, wells fargo reported a profit of $5.2 billion. and also posting huge gains with city group, which received tens of billions of dollars in taxpayer bail out money, it made 4.18 billion. the economy is undoubtedly improving millions are still struggling. >> there are other people relying on consumer debt, credit cards and other debt to pay basic living experiences, and relying consumer food stamps and medicaid and other benefits and this include worker whose are working full time in many cases. >> the question now, can september 2008 happen again. >> banks are reducing the amount of cash that they are holding in order to protection against another crash, that is a recipe for disaster. >> the big apple will always be one of the big zest most important cities in the world. 22008 economic melt down expose as system fueled by corporate greed, and the federal government is st

analysts at stifel nicolaus and barclays have spiked ratings on yelp. these three companies are trading. they are all worth billions of dollars. check out how much in profits they're expected to make this year. yelp, by the way, still forecast to lose money, mellissa, despite its $4 billion valuation. >> thank you very much. the question thousand is, is it too la it to get in on any of these plans? carter worth of oppenheimer. >> hi there. we would say no, not too late. let's lock at a few things and try to figure it out. obviously, great performers. i have a one-year chart. i show 40u correlated these are. this is linkedin, groupon, s&p 500 technology sector. basically unchanged. no result, yet, these things are exploding up 100, 200%. actually the last six months, lincoln has underperformed the group. if you see the stats here, the most sort of benign, we think that's an opportunity. we think it will catch up with some of the others. looking at the chart of linkedin, what is important here is well defined levels from which it broke out. when i brake o

equity portfolio strategy at barcla barclays. welcome to all of you. bill, let me begin with you. three-headed question here. did the fed surprise you today, did the fed do the right thing, and are you and your shareholders happy this evening? >> last question first, very, very happy, tyler. you should be happy. did it give us a surprise? yes. the fed gave us not only no taper, but i think importantly, very dovish modifications of the unemployment rate, which might mark the beginning of policy rate hikes at some point perhaps as far out as 2016. not only did bernanke dismiss the 7% target that he was using, you know, for taper, almost like a magic slate, but the 6.5% level, which he had referred to before, you know, you suggested that that didn't apply either, and that it might have to be considerably lower to precipitate higher interest rates. so this was a positive day for bonds, a positive day for higher prices. and lower yields. >> randy, how did almost everybody get it wrong on wall street? i mean, we had so many people on tv all over the country, on various different network

has been tasered by police after he allegedly burst into a barclays bank branch with a makeshift flame thrower and threaten to burn the bank down to the ground after they have refused him an overdraft i don't see the problem with this after all it worked for wall street and that the so-called credit crunch was effectively wall street being denied an overdraft and what did they do in response they sent former goldman sachs c.e.o. hank paulson to congress with a flame thrower and threatening to burn the place down in the us they extended wall street trillions in new untraceable credit and last week ben bernanke you promised to extend their over jeff by eighty five billion for a month so what's wrong with a little bit of trickle down flame throwing stacy. i don't see the problem here why was this tape don't tase me bro yes.

bob dimon at barclay's bank is calling for more international coordination between regulators to make progress on too big to fail laws. he says banks took on way too much risk in the years leading up to the crisis and new regulations have helped reduce some of that risk. >>> dimon was one of the top bankers at the center of the crisis five years ago but there are dozens of others some of whom are still in the same jobs they held back then. andrew ross sorkin author of "the deanyone tiff history: too big to fail" records on where some others are now. >> reporter: dick fuld was a star on wall street, the longest running ceo of any firm. in 2007 he mounted a vicious campaign against short sellers that he said were trying to put lehman out of business. >> what i really want to do is i want to reach in, rip out their heart and eat it before they die. [ laughter ] >> reporter: five years after lehman's collapse, fuld is chase sent. has a small consulting firm in manhattan, no high-profile clients or among that are saying so. of the clients he has one warned his tarnished reputation could be

analysts of deutsche bank and barclays have slapped buy ratings on yelp shares. threes three companies are trading with different valuation profiles. they're all worth billions of dollars. check out how much in profits they are expected to make this year. yelp still forecast to lose money despind its $4 billion valuation. >>> is it too late to get in on any of these names? let's bring in carter worth. carter worth of oppenheimer. >> hi there. so we'd say, no, not too late. let's look at a few things and try to figure it out. obviously, great performers. what i have here say one-year chart. it shows how correlated and dynamic these big names are. this is linkedin, trulia, facebook. basically unchanged. no results. yet these are exploding up 100% and 200%. in the last six months, linkedin has underperformed the group. and if you see the stats here, it has been the most sort of benign and we think that's an opportunity. we think it's going to catch up to some of the others. looking at the chart of linkedin, what's important is the well defined levels from which it b

and barclays each at ten percent of the market now bloomberg talk to some people and vester is an expert and professors n.y.u. who looked at this and it looks like they're basically banging the clothes so before we move on to the details tell us what banging the clothes is banging the clothes like painting the tape in other words do you want to call price propaganda as i've said on the show many times you want to have a price that the newspaper with and carries a headline the next day and this will set the tone for the next day and all such you up for manipulation the following day so banging the clothes in this case could mean just dumping a lot of water in at the close but a coal market a close order to put in a lot of market to close orders and those orders have to be executed at the market and there's a whole rush of them either to buy or sell you're going to create a price move. and if you've got other offsetting traits other markets are going to benefit from the price and let's say the stock market and you might make money in the options market you see this on triple witching hour

has been tasered by police after he allegedly burst into a barclays bank branch with a makeshift flame thrower and threaten to burn the bank down to the ground after they have refused him an overdraft i don't see the problem with this after all it worked for wall street didn't it the so-called credit crunch was effectively wall street being denied an overdraft and what did they do in response they sent former goldman sachs c.e.o. hank paulson to congress with a flame thrower and threatening to burn the place down in the us they extended wall street trillions in new untraceable credit and last week ben bernanke you promised to extend their over jeff by eighty five billion per month so what's wrong with a little bit of trickle down flame throwing stacy max i don't see the problem here why was this tape don't tase me bro yeah why was he jay z. just doing what the other guys are doing the problem is on wall street they have a saying go big or stay home you should have gone into the bank with a flame thrower asking for an overdraft extension you should have gone into the bank asking to have

that's why, at barclays, our ambition is to always realize yours. the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ yeah... try new alka seltzer fruit chews. they work fast on heartburn and taste awesome. these are good. told ya! i'm feeling better already. [ male announcer ] new alka seltzer fruits chews. enjoy the relief! that's not much, you think. except it's 2% every year. go to e-trade and find out how much our advice and guidance costs. spoiler alert: it's low. it's guidance on your terms, not ours. e-trade. less for us. more for you. >> schieffer: some of our stations are leaving us now, but for most of you, we'll be right back with a lot "face the nation." stay with us. the captioning on this progra

has been tasered by police after he allegedly burst into a barclays bank branch with a.

he simply saw this problem by showing the two workers to barclays bank in london, which lent him enough capital to build up, but no korea knew how to do this. again, chong was undeterred. he sent 16 engineers to scotland to learn how. both ships are finished and delivered before the deadline and underclass and today, south korea is the largest shipbuilding nation in the world. when the industrial giants of the 20th century wind up comment andrew carnegie, henry ford, kyl coto, a korean captain of industry will be among them. by the 1990s, it was clear which korea had won the war, but the contrast between the two states could not have been starker. one was a regional power, prosperous, democratic with a growing international reputation. in 1998 seoul olympics vividly showcased to billions around the world that south korea was no longer the poverty-stricken ward in the past, but a vibrant, rich and modern society. the other korea had becoming a dependent nation wracked by poverty, isolation and repression. the demise of the soviet union in 1991, russia and china said the amendment of the

morgan chase whether it's mckinsey whether it's show or you know or barclays or deutsche of bank or whatever they're members of the council on foreign relations. corporate membership and well as one of these massive corporations getting out of it if they're actually financially backing the council oh well they're they're getting advice from the. think tank people they have fellows they have something like one hundred fellows at the council you know we had there's a pretty big endowment so it's it's yearly budget is somewhere around sixty seventy million dollars so with that they buy some top talent. you know thinkers flaws from observation and so on and those of those people advice so if the g.p. morgan chase was to know about where this should they should get into some country you know did and maybe they're already in it maybe you know most countries in the world but maybe they want to add one some obscure country then and do much about they can go and talk to the council senior fellows that are experts in that particular country and as with looks like a good investment so you've also said

napper cent return on savings which is a more traditional rate which is what they should be getting at barclays and what and lloyds if those banks weren't in the in the business of in league with the devil mark carney to create this artificial ponzi scheme as a bubble well i think one of the members of my going i think missed a week how quite remember actually says he thinks in the future it is and is may replace the banks because that's exactly what they're doing they're bringing to. at the border was i learned is. that what the banks are supposed to doing is that while the banks are doing new all they're doing is taking cheap government money and funny through the mortgage market so the house prices go up but as for helping actual businesses that might actually want to develop and produce growth to get it the more oil institution of chartered surveyors has proposed that the government kept house price rises at five percent so a government kept to resolve a problem of government intervention the great this is a a wonderful story yes george will produce these measures to get the house price mar

has been tasered by police after he allegedly burst into a barclays bank branch with a makeshift flame thrower and threaten to burn the bank down to the ground after they have refused him an overdraft i don't see the problem with this after all it worked for wall street didn't it the so-called credit crunch was effectively wall street being denied an overdraft and what did they do in response they sent former goldman sachs c.e.o. hank paulson to congress with a flame thrower and threatening to burn the place down in the us they extended wall street trillions in new untraceable credit and last week ben bernanke you promised to extend their over jeff by eighty five billion per month so what's wrong with a little bit of trickle down flame throwing stacy. i don't see the problem here why was this tape don't tase me bro yeah why was he just doing what the other guys are doing the problem is.

and barclays each had ten percent of the market now bloomberg talk to some people and investors in experts and professors n.y.u. who looked at this and it looks like they're basically banging the clothes so before we move on to the details tell us what banging the clothes is banging the clothes is like painting the tape in other words do you want to michael price propaganda as i've said on the show many times you want to have a trace that the newspaper with and carries a headline the next day and this will set the tone for the next day and all such you up for manipulation the following day so banging the clothes in this case could mean just dumping a lot of water in at the close or coal market to close orders so you put in a lot of market to close orders and those orders have to be executed at the market and there's a whole rush of them either to buy or sell you're going to create a price movement and if you've got other offsetting trades other markets are going to benefit from the price and let's say the stock market and you might make money in the options market see this on triple. which

that's why, at barclays, our ambition is to always realize yours. >> welcome back in case you missed some of today's top moments, here are some rapid fire recaps in tonight's executive edge. >> if we are going to go over a ledge, i would much rather go over the ledge with the spending dome than with the debt limit. let's just get that and have the big show down and get it all out and be done with it. >> our last look at second quarter gdp. 310 now becomes 305. >> pending home sales now down 3.6%. this is exactly what the realtors were warning off when it was said to be the last hoo rah. >> what is the toyota view? >> not in my lifetime. >> not in your life? >> no. >> you just ruined it for everybody. >> based on today's meeting seems they are not ready to announce a winner. >> i think japanese exporters are the place to be. i would say that this whole gop stall. i think it's a joke that the tea party is ruling the gop here. >> that's all you have to say. >> that's all you have to say? >> you have got to garner a couple of extra votes? >> you go back in there. you can't continue to ca

morgan chase whether it's mckinsey whether it's show or you know or barclays or deutsche of bank or whatever they're members of the council on foreign relations. corporate membership and well as one of these massive corporations getting out of it if they're actually financially backing the council oh well they're they're getting advice from the council think tank people they have fellows they have something like one hundred fellows at the council you know we had there's a pretty big endowment so it's it's yearly budget is somewhere around sixty seventy million dollars so with that they buy some top talent. you know thinkers flaws from observation and so on and those of those people advice so if the g.p. morgan chase was to know about where this should they should get into some country you know did and maybe they're already in. most countries in the world but maybe they want to add one some obscure country then and do much about they can go and talk to the council senior fellows that are experts in that particular country and as with looks like a good investment so you've also said that at le

and barclays each had ten percent of the market now bloomberg talk to some people and bet. sure isn't experts and professors at n.y.u. who looked at this and it looks like they're basically banging the clothes so before we move on to the details tell us what banging the clothes is banging the clothes like painting the tape in other words do you want to michael price propaganda as i've said on the show many times you want to have a price that the newspaper one carries a headline the next day and this will set the tone for the next day and all such you up for manipulation the following day so banging the clothes in this case could mean just dumping a lot of waters in at the close or coal market to close orders so you put in a lot of market to close orders and those orders have to be executed at the market and there's a whole rush of them either to buy or sell you're going to create a price movement and if you've got other offsetting trades on the markets they're going to benefit from the price and let's say the stock market and you might make money in the options market you s

napper cent return on savings which is a more traditional rate which is what they should be getting at barclays and what and lloyds if those banks weren't in the in the business of in league with the devil mark carney to create this artificial ponzi scheme as a bubble well i think one of the members of my going i think missed a week how quite remember actually says he things in the future be it appears and this may replace the banks because that's exactly what they're doing they're bringing to. at the border was i learned is. that what the banks are supposed to doing is that while the banks are doing new all they're doing is taking cheap government money and funny through the mortgage market so the house prices go up but as for helping actual businesses that might actually want to develop and produce growth get it the moral institution of chartered surveyors has proposed that the government kept house price rises at five percent so a government kept to resolve a problem of government intervention the great this is a a wonderful story yes. produce these measures to get the house price market mov

and barclays each and ten percent of the market now bloomberg talk to some people and vester is an expert and professors at n.y.u. who looked at this and it looks like they're basically banging the clothes so before we move on to the details tell us what banging the clothes is banging the clothes is like painting the tape in other words do you want to what i call price propaganda as i've said on the show many times you want to have a price that the newspaper with and carries the headline the next day and this will set the tone for the next day and all such you up for manipulation the following day so banging the clothes in this case could mean just dumping a lot of water in at the close but a coal market a close order to put in a lot of market to close orders and those orders have to be executed at the market and there's a whole rush of them either to buy or sell you're going to create a price movement and if you've got other offsetting trades on the markets they're going to benefit from the price and let's say the stock market and you might make money in the options market see this on tr