byron dorgan on why no one is coming out of this a winner. adam: the biggest weekly hit since the lehman crisis. ceos are taking notice. lori: k.t. mcfarland joins us about why is now the time to keep our eye on the middle east. let's head to the floor of the new york stock exchange. we find lauren simonetti there. >> down. down about 220 points. down 11 of the last 14 sessions. the nasdaq is selling off the most. we are nine days away from a potential that the fault if we do not raise our debt ceiling. adam: president obama is urging john boehner in a phone call this morning to hold a vote on raising the debt ceiling. rich edson is at the white house where we are expecting the president to make a statement and take some questions in about an hour. rich: that is correct. there was a phone call earlier this morning. fund the government, raise the debt ceiling and then we will have a negotiation. we continue this impasse. as for our markets, is the method really missing or hitting washing -- washington? this. >> the first thing that will not ha