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tv   Nightly Business Report  PBS  February 1, 2012 4:30pm-5:00pm PST

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pound gorillívabdv we look i think it's very@noew large cp dv thevery m@uch lonookc freorb >> tom: meanwhils are @noc re@noc rec 2ívusinessbliga" report" withnoc rec 2ívabdvívav "nightly by: @no@noc rec 2noc rk
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and the noc rec 2óvabdv late this afternoon, ts foóvrabv >> tom: susie,@ faceb@noc rec 2v underwriter. list under
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the ticker f-b@ big board.@noc trading sometime i@noc úvabdvnov coverage tonight.2úvabdv what faceboo @cebookno'sc 8re00c m2illionúv c ll be hare úvsuabrrdvounding its init to be the largest internetre noc rec 2úvabdvúvabdv thearket. @>> repnorket, too.ok@noc rec 2v but, is the timing right forc 2 dvsuch a monster deathat's a ma. @noc re
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for groupon and zy@movingno tc h searched for a more welcnoc recv environment.avabdv market performance o@@noc rec 2. this year, that samereinc g2ava. >> rprobably not start selling s agilave.abdvith is concerned the >> we are arket. it's not thecebook, if they hads it to go public.at nofac cereboc ok2 r.c. norec guv shareholdersto the world and go @@noc re@ rec fo2rte saavysab unique, and facebook just mighnv
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>> maybe you could make anhat, r when out, there@no@noc rec 2 wonoc rec 2bvabdvc ce2 dvor the most value.still a very good time, aa lot of environments thang public.@@noct @noc ness@noc rec 2bvabc rec 2be amazing growth and noofc firecic al2 num iponotac m in,@illion dollars two almost@
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year. years it's gonecvabdvsec en2 ove revenue ha fold, han@nohe growth rate 2sustainonac blree.c future.yc re cc l2ipcv fabordv 2 youcvabdv look the s. c. what did you f that surprised you t@hanow aboud in aay@ wnoasc rec 2 thatcvny we 39% over theabdv the users, thethere everyf you@ 2evenue is anoc rec abdvtoe a company that's dvlooking more out of hergue tie billion diections throughout tha model in that direct@>>no sc ure
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@em needs to save more tha@noc re henorec 'sre wc ha2t amerevic thomas hfvornoesc .rec 2fvabdvfv noc ps that would have been@no@ 2thnoc rec 2fvabdvg its fourfvad retire@es. @ rec ap2pr rec urned ovnoc fvbeabnedvfit the federal 2fvabdvs. >> s@us man who coul@ rec employee pension plans nohec 'sre jc os2h gotbfvauab the c rec 2fvabdv corporation.dv c c re@noc , thank you. p@ublic2
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do they need to pension plan peop@ succeed as a upn@noc rec 2hvif they don't,nov without kilonhvsabdv of s >> susie: so what pension plan s by the f@ed c re agenc happen@snoc re c sano amhverab andnoc >>re wc el2l,hvabdv partf why we like tohvabdv perything s ce.@noc rec 2ly, we haveno c 2the amhvouabntdv of th can pay. hv pabldvan,ing but how much@so that a@noc rec 2 1. c 2hvabdv which they w whole li@
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you forced to iting with@noc rv abdvs to be is fi those@noc re@v taxpayer f by one of theer americ because over the@noc ret may dun premiums. but if we take over the plans we will take over the assets, we'll pay benefits, and we will have to go to the congress and get higher premiums. we've already started that discussion and we'll continue it. >> susie: all right, we'll be watching closely. thank you so much for coming on the program. >> glad to be here, thanks. >> susie: we've been speaking with josh gotbaum, director of the pension benefit guaranty
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corporation. >> tom: u.s. auto sales ticked hier last mo jvabdved the pack among the@ging noc was stuck in reverse, falling 6v on a sales. as for the impor continued to rebound fro@ssues o flooding in itnos c percent, and@noc rec 2 noc rec 2jvabdvjvabdv >> sit comes to sales gains ta models sc@ored sales up 48% t@noc rec vehicles.@noc rec 2jvabdvrec 2js @succesnos term plan.@noc rec 2 pnoroc dur.
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abilitynce. the problem is noc ave a mortgagea fanny@ mae @ 2everpvno yc ourec 2pvab cdvan't from what arpvabdv interest >> tom: wi no has financial@noc rec 2 interest rate lwi@ll thinosc re, c arec 2pvabdv? of all i was you are,ubled@nocf freddie to make suree's extrasv happened here and that doepvsnag allegations point to
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orph housing market@ goirward. thingb we thirec 2rvabdv cost ould be id by @ that got usoblem to begv separate from all 2 dvmortgages that are, with prot walled off from@ >> tom: okay.noc rec w2e haver. thank yoabdv the e appreciate it. >> donovan the denovec lorepmc en2noc rec 2rvav
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>> susie: herow:@ noclaims for jobless benefits is @ndredsno oc f rejoc bs2 in sosv money at m.f@. globnoalc hres v press that ttomer accounts and banksfirm, which wy @noc corzine, went @noc rec 2 rec allegedm wanosc svcoablldvapc >>2 tom: svinabdie ri@noc re @noc rec 2svabesentation.c rec e creates a abyedvrs and @ncreasing jobs.y it leads to lr
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for over 20 y nofic narellc y 2 noc s expe@ 2theruve'abs tom: you've bereiv do you till >> i like the but esp@no ariad.e als@o looknoinc regc 2 2 dvfore believe it or not, is that2euro? cs europe and b in >> cre@ditnoc re sc decimated this year@noc rec a2v could have. yielding stock, to hold f three ye@ars asno t >> tom: you're@ thatnoc rec a2.
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you've been looc fovvreabigdvn dividen unileaverl grid. especially when you can'tnoc rev dvbottom out, it's goin its athese are grea with great@ di,@noc rec 2 emergt hillary? >> yes, @ you can send u @we'vnoe c goretmail address for you.@noc rec 2wvnoc rec 2wvv thanks, hillary.wvabdv@no@noc rb first davewvabdv.us.
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we'll see line and@ ba@noc rec v @ capt @ noacc ceressc .w2@noc rec 2xvv v
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