j.p. morgan bought all the tax- exempt at $103 million. it was 2.35%, and then bankamerica merrill lynch bought the direct pay subsidy bonds under the recovery act. we will next be in the market for the waste water. we will be doing an energy von for the prize. congratulations. >> even though it is a market force, is there any way to communicate that to the general public? >> we have not concluded that. it has been discussed with our wholesale customers. >> these are important facts the public ought to know. we had this discussion about waste water. thank you for this. this is tremendous. >> we are taking this to heart with what was requested on measures of the effectiveness, so the popular report we have yet to see a draft copy of it, but we are getting closer. this is one thing to communicate about the next 30 years. that concludes my report unless you have questions. >> thank you. it takes a general manager. >> we have no speaker cards on the report, so the next item would be 19. >> good afternoon. sorry i missed your retreat. we had a

enron, aig, j.p. morgan, country wide fan and he freddie were no accidents. based on good faith, they were not accountable. it was just a effort prone to fail. board members in 2003 bruce shaller, the now president of the taxi and limo commission in new york city was hired by the taxi commission and recommended a customer survey be done. in 2006 they produced one. in 2007 the taxi commission produced one which was generated by 42 responses. they refused the taxi commission's offer to do another survey. hardly that is what was recommended, a 42-response survey. i know the response rate and margin of error is far better than the barts, but i am sorry i am not a team player. you know, maybe you think you need a college degree to produce a valid survey. but they don't teach taxi driving in college. they don't teach common sense. i have known a few graduates from college that do not seem to have it. it is just like muni. you have a mandate on time. where is it? >> good afternoon directors. i was waiting to speak about the taxi advisory committee. drivers could not

j.p. morgan's kasman predicts the economy will add only 100,000 new jobs per month to payrolls through the end of this year. john riding thinks we'll do a little better, perhaps tacking on 150,000 a month, once employers cannot longer expand the work week for the existing employees. >> the economy needs to create 300,000 jobs to get the unemployment rate back down to 5%. >> reporter: riding expects the unemployment rate to be above 8% by the end of next year. he says americans will need to get used to a nation that could no longer offer full ployment. >> i think that picture of high unemployment declining, but remaining at high levels by the standards we were used to over the last decade -- that picture is going to be around for a long while. >> reporter: the economists say the current line on the labor market is it has settle nood a sluggish state. most experts believe we'll avoid a double dip recession, but the economy not fully recover until we see a lot more jobs. suzanne pratt, "nightly business report," new york. >> reporter: this is stephanie dhue in washington. the weak jobs report

we have seven how to runners tonight at the j.p. morgan corporate classic. runners ran through the streets of san francisco all to raise money for local ymca. congratulations to everybody. the winner had a 17 .01 time. that's fast. that's six minute miles. if you're running out the door tomorrow morning for commute, over cast with drizzle. it's foggy and low clouds in the inland areas with temperature in the 50s. overnight. >> 50 in pacifica to 58 in mountain view. a pair of fives in oakland, alameda. here we go. we get our computer models. we come up with the pinpoint forecast. you can see by 6:16 in the morning nobody will see the sun. the marine layer is inland, 60, 70 miles. compressed. deep and will hang out with only partial clearing bayside. no clearing along the sea shore. everybody has asked me this. can i get to the grocery store. why has it been unseasonably clear. it's a build of low clouds and fog. it's a marine layer and it's enhanced by the trough over the state of california. the cooler air pushes it inland, keeping the temperature well below

joining us now, stuart schweitzer, global market strategist at j.p. morgan private bank. hi, stu. >> hey, susie, good to be here. >> so what exactly are you telling your clients to do right now? >> oh, i think number one, susie, not to panic in here. there's a lot of fear and loathing around concerning the u.s. economy, the global economy, the outlook for policy, both monetary policy and from the government. and this is a time to, i think, to stay cool. the economy does not appear to be going back into a renewed recession. we have had a slowdown. the slowdown is continuing. but the economy is not reversing fieldss in our opinion. >> all right, now we are getting alot of economists who are calling for a recession, even a top official in britain said today that the possibility of a double dip recession, you know, is out there. it could be what happen. how are you factors all of those forecasts and the uncertainty into your investing strategys in terms of what you are doing with client portfolios? >> well, number one, susie, we are w we are emphasizing that part of the world

one of the firm's biggest creditors, j.p. morgan, has dropped out of the settlement. it would have been one of tribune's new owners. >> tom: here's what we're watching for next week: our friday "market monitor" guest is jeff everett, president of everkey global partners. we'll also see reports on existing and new home sales. investing in emerging markets. all next week, we'll look at ways to make money by investing in each of the "bric" countries- - brazil, russia, india and china. our coverage begins monday with brazil. >> susie: if you're going to the airport tonight to meet a flight from europe, you might want to double check the arrival time. apparently computer problems at a traffic control center in the netherlands are messing up air traffic all over the continent. there's a backlog of flights taking off from holland, germany and belgium, and hundreds of flights in northern europe are also running late. the system is expected to be back to normal tomorrow. >> tom: some furloughed flight attendants at delta airlines could be getting a call to return to work. in a

j.p. morgan's analyst thinks the company didn't address a pick-up in chicken supply, and possibly higher feed costs. a small cap in the food industry, american dairy, saw a quarter of its market value disappear today on almost ten times its usual volume. despite its name, this company distributes baby formula in china. its quarterly results and outlook were disappointing. the strongest sector in today's trade was telecom, with the big carriers leading the way. sprint rallied close to 3%, but on only half its usual volume. at&t closed at a seven-month high, and verizon is at a four- month high. verizon and google, meantime, are teaming up to push for a law they say would prevent internet providers from playing favorites by speeding up or slowing down certain online content-- so- called "net neutrality." the two companies want lawmakers to allow the f.c.c. to enforce a neutral internet that has been brought into question with a recent federal court ruling. they want companies that violate that neutrality to be fined up to $2 million, but the proposal also is limited to wireline internet access,

j.p. morgan finds, in taiwan, p.c. orders "falling off a cliff." and barclay's chip analyst thinks the sales growth forecasts for semiconductor makers will be elusive. advanced micro devices, graphic chip maker nvidia and texas instruments all fell on the pessimism. after the close, disney turned in a much better-than-expected performance. its fiscal third quarter beat the street by nine cents per share. a strong showing at the box office from "toy story three," "iron man two" and "alice in wonderland" helped. its biggest business unit is its abc television and espn where profits jumped 43%. disney shares came into the report at their highest price since may. after hours, the stock added about 1%. speaking of entertainment, netflix has a new partner for its online, on-demand movie service that starts next month. epix is a pay cable movie channel. it is a joint venture between viacom, lionsgate entertainment and m.g.m., giving netflix's new service a big film library. shareholders are hopeful, pushing the stock up almost 7% on heavy volume. it's abo

worth six billion dollars according to common daily this is from goldman sachs morgan stanley and j.p. morgan. the upcoming in london last year paid two hundred million dollars for a three and a half percent stake in social networking site facebook. poland says it's reconsidering a long term gas deal with russia to deliver some two billion cubic meters a year to twenty seven. now says the country is looking to all the sources concerned about energy dependence on russia. that's the latest you can find most there is on our website dot com slash business i'll be back next. if. it's all past now why are most gay faces on the scene waiting up for a stampede famous continue just three reception at the boston landscape continues to dry out and the battle breaking didn't waste a spike in struggling to contain the blaze is six. so you could still spreading out cold pools and breathing difficulties for many. immigration activists who are pouring into arizona no calling for a boycott of the state are having the opposite effect they're trying to squeeze the u.s. states to backtrack on its tough new immig

they're basically covering up for the likes of jamie dimon and lloyd blankfein at goldman sachs and j.p. morgan why aren't we investigating the financial crisis inquiry commission is congress just covering up for all of these officers and basically putting the minimum amount of information to do the minimum amount of disclosure into these reports it's a sham it's a scandal oh it is a sham it is a scam states to banks so much for being on the kaiser report thank you max now i want to come back i am we talking with william k. black the guy who cleaned up the s. and l. industry in the eighty's how come he's not cleaning up this mess states in. the first three removals called clear cut. second place are your plans to keep. your. service. finally the mortgage is deposited in valley. and. welcome back to the kaiser report lot of people are scratching their head why we do these banks what's going on she we appoint a special commission is there anyone who knows what's going on well fortunately there is somebody in america that does know what's going on it was face the problems before and it was solve t

dollars according to common sense daily is this book comes from goldman sachs morgan stanley and j.p. morgan the banks all been allies in the upcoming offer in london last year paid two hundred million dollars for three and a half percent stake in the social networking site. poland says it's reconsidering a long term gas deal with russia gazprom offers to deliver some two billion cubic meters a year to twenty thirty seven but the deal remains on signed by warsaw now premier double talks as the country is looking to other sources voicing concern about energy dependence on russia. nordstrom gas pipes second branch reaches russian shills on wednesday the first to arrive last week with two hundred twenty kilometers of the section already laid in the baltic sea the project will provide gas to millions of european homes and nordstrom spokesperson says they've reached a key point in its development. last week the first line of the stream has landed on the russian shore and tomorrow we're going to see the second line lead from this sea to the shore so that will be a milestone for the construction in

technologies is worth six billion dollars according to dave it comes from goldman sachs morgan stanley and j.p. morgan the banks organizing the upcoming offer in london taste last year paid two hundred million dollars for a three and a half percent stake in social networking site facebook. poland says it will pull out of long term gas supplies with russia has offered to deliver some two billion cubic meters a year off until the year two thousand and thirty seven with the deal remains unsigned by warsaw premier task says the country's only other sources citing concerns about energy dependence on russia. and that's your update for now but you can always find more stories on our website r.t. dot com business. culture is that so much a moment taxpayers money mentoring is a show me a lot of people at area reality t.v. want to be popular in commercially lucrative but just how realistic are these programs are they be ultimate forms. every month we give you the future we help you understand how to get there and what to bring the best in science and technology from across russia and around the world. join us f

is this one comes from goldman sachs morgan stanley and j.p. morgan banks organizing the upcoming awful for the russian company in london last year paid two hundred million dollars for three and a half percent stake in social networking site facebook. poland says it may pull out of long term gas supplies from russia gazprom has offered to deliver some two billion cubic meters a year to twenty thirty seven but the deal remains on the table from walsall now. says the country. is voicing concerns about energy dependence on russia. as the latest will be going live for the bank analyst next hour for signs of where the markets will go to join us then. the be . the big. lead . here is that so much as i mean to say mislead people are. going to be popular in commercially lucrative but just how realistic are these programs are they be ultimate. this is a scene raging forest and pay to continue to sweep through he said. of the palace landscape continues to dry out and the breaking heat wave of struggle to contain the blaze is fake smoke is still spreading across

they're basically covering up for the likes of jamie dimon and lloyd blankfein at goldman sachs and j.p. morgan why aren't we investigating the financial crisis inquiry commission is congress just covering up for all of these officers and basically putting the minimum amount of information to do the minimum amount of disclosure into these reports it's a sham it's a scandal oh it is a sham it is a scam states thanks so much for being on the kaiser report thank you max now when we come back i mean talking with william k. black the guy who cleaned up the s. and l. industry in the eighty's how come he's not cleaning up this mess statement. houses parking. cars appliances it's only years until they come to visit you. do you think the property you bought on credit really belongs to you. on r t. two selling. because i thought that it was my duty and it was something that i do to help my country. my government. is necessary for america you know. it was a lot of. there was a lot of murder of american officers. there were a lot of. the war i always thought i wanted to win a lot of. a lot of desperation.

gargantuan godzilla proportions where the parasites are running the show the parasites goldman sachs j.p. morgan and the software developer are are running the show now that's no different than having runaway cancer i mean robbing runaway cancer is a bad thing it'll kill you having a parasite like this just clipping people's profits and causing wide scale poverty that's not a doesn't add anything to the economy whatsoever he's not adding anything to the economy he's actually destroying the economy he's a parasite and he's a he's a financial terrorist you mentioned parasites and you mentioned goldman sachs they're in the next headline goldman sachs create derivatives clearing unit so goldman sachs has started essential exchange for derivatives so i guess they're preparing for the fact that there is going to need to be a derivatives exchange and lo and behold they themselves have hated it this is central planning no the current the us economy was supposed to move away from centrally planned command and control and they're not too big to fail banks they're supposed to be competition free market com