harvey pitt, thank you very much. appreciate it. that's it for this evening's show.nks for watching. we had a heck of a day on wall street today. ben bernanke almost fooled everybody. we'll try to cover this story some more tomorrow and see if there is follow-through in stocks. i'm larry kudlow. we'll see you tomorrow night. d t or more on car insurance. yep, everybody knows that. well, did you know the ancient pyramids were actually a mistake? uh-oh. geico. fifteen minutes could save you...well, you know. i was made to work. make my mark with pride. create moments of value. build character through quality. and earn the right to be called a classic. the lands' end no iron dress shirt. starting at 49 dollars. it's been that way since the day you met. but your erectile dysfunction - it could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph like needing to go frequently o

acting out we took long to be charged with nature's compound our water stop those flood proceeded harvey pitt i'm over soda has a lot on board that i have done i mean slight as yet though serious or not an awful one where the lottery was faced do you think you can play some of flying today on the bunker i mean dropping leaflets i don't want to lose hollow alone. i think that is the case then on meet the our country can no longer doubt made such a. almost forty years after president eisenhower had suggested the cubans just shoot down the airplanes the cuban government seemed to follow his advice they shot down to three brothers to the rescue plane. the plane carrying who say bustle to return safely to miami. in those two planes there were four people travelling to warn each plane they were pulver ice by makes in international airspace. bafta the shootdown of the brothers to the rescue planes bill clinton's national security adviser presented him with policy options military strikes against cuba or a bill tightening the already tight embargo on cuba. clinton shows helms burton or the libertad a

joining us now to talk about it, harvey pitt, former ceo, and ron gefner.rcement attorney. guys -- i don't want to be a defeatist in all of this, is there an argument to be made that technology is always going to occasionally have problems? and i don't want to be an apologist either, but in an electronic age, how are we going to avoid all this stuff? you can have all sorts of redundant systems, but occasionally stuff breaks. harvey? >> you can't avoid technology glitches, but you can anticipate them and be prepared to deal with them. what was shocking about the recent nasdaq outage was the fact that it was the second such incident in a very short period of time for nasdaq. and it seemed as if there was no crisis management plan in action and there had been no effective planning for that event. >> let me go to ron on that point. is the issue the technology that broke or the response to it? >> i would argue it's the response to it. i'll go along with what both of you are saying and i'll back that based on two points. if you look at the release the sec has pro

commissioner harvey pitt, does this settlement potentially cost jpmorgan business? customers?n you're finding no, they're probably going to be the lead underwriter on a chrysler ipo. >> yeah, and that's a situation that's interesting because it's more about the bragging rights there. we don't really know how big specifically chrysler as an ipo will be. but farce kay kelly's reporting all day, jpmorgan apparently is the only other name. there are no other banks on it. that could be a potential source of fees for the bank. they're still getting a lot of business here. i think what will happen is they won't be able to grow. jamie dimon the aye told all my executives if it's noncore, not part of our four cornerstone businesses, we're not doing it. it could hurt them in growth and they could louz that competitively going forward. >>> we just talked about what the chrysler ipo manes for jpmorgan. our phil lebeau will be on in a few moments to discuss what it mens for the automaker. sue? >>> ty, microsoft is meeting with analysts today. a departing ceo, a stock buyback, a dividend bo