duncan richardson is chief equity investment officer at eaton vance management. he joins us this evening from boston. duncan, welcome back to nightly business report. >> happy holidays, tom. thank you for having me back. >> tom: let's talk compromise first. i'm guessing you're talking about the compromise on capitol hill. wthe tack bill. why could that pay dividends for shareholders. >> nobody seemed to be happy about the bill in washington, but investors should be really happy about it. there are a lot of gifts in there. for one, it ensures that part of the economy is going to stay on track, but, two, it allows for investors to take advantage of the differential in capital gains rates. particularly important for income investors. and that's one of the most important things for an investor to consider. >> tom: locks in the lower rates for dividends that we've seen over the past several years. what about confidence? does that compromise play into confidence next year? >> yeah. i actually think that getting some things done in washington is a good thing, probably g

he's duncan richardson, chief investment officer at eaton vance management. >> susie: the obama administration wants to do more to protect consumer privacy online. today, it recommended creating a privacy bill of rights, and an online policy office at the commerce department. the administration is calling on help from web companies and advertisers to establish guidelines on what kinds of consumer information can be collected online. so far, both industries have resisted legislation on these kinds of rules. >> tom: another plan rolled out by the administration deals with new ways to combat asian carp in the great lakes. federal and state agencies announced $47 million in projects to deal with the invasive fish. scientists fear the four-feet long fish will disrupt the food chain. separately, a federal judge today turned down a plea from five states to close shipping locks on chicago-area waterways to prevent the carp from entering the great lakes. those states may appeal. >> susie: president obama called on some of the nation's top c.e.o.s yesterday to start investing the trillions of dollars si

what we're watching for next week: our scheduled friday "market monitor" is duncan richardson of eaton vance management. the final 2010 meeting of the federal reserve's interest rate setting committee is tuesday. and monday, "beyond the scoreboard" looks at the business of reselling tickets for sporting events. it used to be called scalping, but now it's out in the open and online. >> susie: bank of america has resumed foreclosures after a two-month hiatus. the bank today said it will move ahead on 16,000 home foreclosures this month. most of those homes are vacant. the bank's action ends a voluntary freeze that b. of a. initiated in october after acknowledging bank employees approved some foreclosures without verifying the documents. still, b. of a. plans a "holiday suspension" of foreclosure sales and evictions between december 20 and january 2. >> tom: shares of grocery store chain a&p plunged 67% today on news it's preparing to file for chapter 11 bankruptcy protection. the grocer, whose full name is great atlantic and pacific tea, owns a&p, walbaum's, pathmark and other supermarkets. th