secretary of state hillary clinton and treasury secretary timothy geithner outlined measures to target the country's financial sector. developing the pressure on nuclear arms. clinton and geithner are concerned about money laundering in the islamic republic and urging them to cut ties with all iranian banks. >> if you are a financial institution anywhere in the world and you engage in any transaction involving iran's central bank or any other iranian bank operating inside or outside iran, then you are at risk as supporting iran's illicit activities. >> the sanctions follow a report earlier this month by the international atomic energy agency. reports suggesting that iran is attempting to use its nuclear technology to design an atomic bomb. >>> britain has launched a similar measure. it ordered all its financial institutions to stop business with iran's central and commercial banks. >> we're doing this, because of international evidence that iran's banks are indulged in the development of iran's weaponized military nuclear weapon program. >> france is taking a firm stance as well. presi

treasury secretary, timothy geithner, he's been addressing asia-pacific finance ministers, and he's been airing his concerns about europe's readiness to get its house in order. >> crucial to all of us that europe move quickly to put in place a strong plan to restore financial stability. we're all directly affected by the crisis in europe, but the economies of the asia-pacific region, the economies you saw gathered here today are in a better position than most countries are to take steps to strengthen growth in the face of the pressures from europe. now, in this context, the principal focus of our discussions as finance ministers was about how to help strengthen growth around the world, make it more balanced and sustainable in the future. the finance ministers here have voiced their support for last week's pledge by the g-20 leaders to support the global recovery. >> well, that's timothy geithner. they've got concerns about italy and about greece, as have all the other eurozone neighbors at the moment. and greece is hoping it can put some of its turbulence to one side at last. a new gover

at treasury now remember timothy geithner also committed a crime by failing to pay his taxes because he it was an accounting error he forgot for ten years and then went on to head the i.r.s. so who knows what will happen to john course line but apparently m.f. global commingled. it's accounts yeah this is one of the worst things you can do is take your customer's money and just slap in the fund with everyone else's money or even your own money and then when you again have losses them somehow only the customer experiences those losses but when you have gains you take all the gains so instead of just people called socializing the losses and capitalizing on the gains but it's beyond that it's just outright co-mingling of funds putting a gun to people says and stealing their money i mean this is we're getting to the one nine hundred thirty s. where it's basically give us all your money and we're going to send you to get out any to complain we're going to do the final solution and tell you now business insider says that that commingling is the regulatory equivalent of a felony offense. bu

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secretary of state hillary clinton and treasury secretary timothy geithner outlined measures to target the country's financial sector. developing the pressure on nuclear arms. clinton and geithner are concerned about money laundering in the islamic republic and urging them to cut ties with all iranian banks. >> if you are a financial institution anywhere in the world and you engage in any transaction involving iran's central bank or any other iranian bank operating inside or outside iran, then you are at risk as supporting iran's illicit activities. >> the sanctions follow a report earlier this month by the international atomic energy agency. reports suggesting that iran is attempting to use its nuclear technology to design an atomic bomb. >>> britain has launched a similar measure. it ordered all its financial institutions to stop business with iran's central and commercial banks. >> we're doing this, because of international evidence that iran's banks are indulged in the development of iran's weaponized military nuclear weapon program. >> france is taking a firm stance as well. presi

every session it's something that when politicians and when leaders and when someone like timothy geithner has talked about the us tipping into a double dip they talked about europe and said that that could be the tipping point do you think that that is legitimate or do you think that that is an excuse for the the economic problems already existing at home like the joblessness that we're saying or talking about it's a toll excuse me it is legitimate but it's an excuse at the same time meaning that europe is the epicenter of everything that we're talking about. it seems you know i've been looking to the post i would say that seventy percent of the posts over the last week or so are probably about europe as opposed to about the united states that's a huge flip from what we had say a year ago or six months ago definitely so there definitely are definitely problems there and they're going to impact the states but the united states is a very large economy and so therefore what happens in europe is only relevant as far as the banking system and ten generally in terms of trade flows what's really

host: paul singer -- >> secretary of state hillary clinton and treasury secretary timothy geithner were holding a news conference shortly about the new sanctions against iran. reportedly, the sanctions will target iranian companies, the revolutionary guard force, and iran's petrochemical sector in an effort to pressure tehran to halt its suspected nuclear weapons program. at little more about the announcement in the associated press. a u.s. official says the obama administration is working with britain and canada on the new sanctions. the actions represent the first direct response to the u.n. nuclear agency's recent report suggesting iran is working towards the development of atomic weapons. so that briefing is expected to get under way momentarily. an update about capitol hill, members of the joint said reduction committee are engaged today in several hours of negotiations with the deadline just hours away. congressional quarterly " senate finance committee chairman max baucus as saying, we have a few more hours and then members were making headway and discussing tax-related ideas off

secretary of treasury timothy geithner, that will weigh even further. oemp the past three quarters, china's growth slowed from 9.7% in the first quarter to 9.1% in the third quarter. analysts expect this to continue on its downward trend. but it could be a sign beijing may loosen their monetary policy. it's really a case of rhetoric versus real policy. we'll be watching to' see if this takes effect. >> very strong words there from beijing. let's switch from monetary policy to exchange rate policy. never far away from the headlines, obviously. talking to the u.s. president about the uwan. >> the talk between the two is more of the same rhetoric we have been hearing over the past few years. when the two leaders met at the summit down in bahly, he didn't give details as to how china would loosen the policy. it allows for flexibility. but it has allowed for this to happen. year to darkts the u.n. has risen against the dollar. since january 1st, it's gained 3.8%. trading right now at $1 to 6.34 hmb. the u.n. is still undervalued by a great deal. as much as 2

timothy geithner makes about $200,000, but these guys can't live on $900,000 a year.really saying it in those words, but that they deserve those bonuses. >> the treasury department can attract timothy geithner, but fannie and freddie can't attract people for $900,000 a year. >>> herman cain keeps racking in huge amounts while controversy swirls around his campaign. the republican reporting he's raised more than $9 million since october 1st, almost $2.5 million in the ten days since the allegations of sexual harassment surfaced. he was asked about the allegations during last night's debate in michigan. >> here, we're focusing on character and judgment. you've been a ceo. you know that reluctant to hire a ceo where there are character issues. why should the american people hire a president if they feel there are character issue sns. >> the american people deserve better than someone being tried in the court of public opinion based on unfounded accusations. >> let's bring in our chief political analyst, gloria borger. herman cain's response to the sexual harassment alleg

treasury secretary, timothy geithner is urging action to be taken. >> it's having an effect on growthround the world. growth is slower in the united states, because of the effect of europe on us, in part. that's why it's so important they get their house in order and move more quickly. it's putting pressure on us. european leaders have the ability to contain this. they have the ability to get on top of this. they have the ability to solve this problem. they just need to move more quickly to do it. >> you keep saying they have the ability. >> they do. >> are they doing it? >> they are. >> slower than you would like? >> of course. but slower than they would like. but they're moving and making progress. they just have to keep doing it and they just need to put together a stronger package of commitments. you can see how politically tough it is. the leaders of greece and italy are trying to decide who will preside over a tough period of economic reform. >> by when? p &hc% >> by when what? >> they need to move by when or else? >> sooner, the better. think about financial crisis and how dam

his company is also suing the new york fed, which held -- which is headed by timothy geithner, how the treasury secretary. >>> protestors have been marching from new york and plan to arrive in the district, as the super committee wrapped up this week. they say they're visiting the university of maryland, college park for breakfast this morning. organizers tell us they had a rough day yesterday covering 31 miles. they are still due to arrive at the occupy d.c. protest. park police are investigating in the meantime a sexual assault in the square last night and have a man under arrest. >>> tents are starting to pop up near the site where uc davis police pepper sprayed protestors friday. the protestors were peacefully sitting on campus. the school's chancellor apologized yesterday, but got heckled off the stage. the police chief on campus and two officers have been placed on administrative leave because of that action. >>> it's like something out of the terminator films. computerized contact lenses that display information in front of your eye. how close is it to reality? we're going to sh

even timothy geithner could fill this out and get it in on time. those principles include creating a level playing field. if we are closing the corporate the pill -- loopholes that these people have been exploiting. i am the only candidate that has a plan to balance our budget by the year 2020. it was our nation approaching $15 trillion in debt. i think any discussion of the funding for foreign ages should start with the no. 0. and we will not find nations who opposed our interest and harm our soldiers. that is just a fact. when it comes to protecting life, i fell more than just a pro-white rhetoric. i signed a parental consent right -- law. i signed a budget that defines planned parenthood in texas. rather than down to the political correctness of the liberal elites, i want to define marriage as a sacred institution between one man and one woman. and put it in the texas constitution. i was proud to sign legislation in the last section that in our state, you must come with a photo id. keep at it. you are at the right track, brother. leadership is n

timothy geithner, the treasury secretary, issued this warning. >> no option is off the table.ional sanctions on the central bank of iran. >> national security advisor tom donlin added that the white house is not taking the military option off the table. >> even as we keep the door open for diplomacy, president obama has said as recently as la week we are not taking any options off the table. >> learned that at central command in tampa, the u.s. military has been planning in recent weeks, in the event that it has to strike iran's nuclear program militarily. there is some assumption that israel may attempt to go it alone and the u.s. military's planning in the event of that. >> shepard: speaking of planning. what's iran threatening in return of all of this? >> well, iran is almost daring israel to strike. a member of the iran's revolutionary guard said, in fact, that iran's retaliation for such a strike would leave the jewish state in the dust bend of history. the iranian commander vowed his country's response would involve ballistic missiles. a spokesman for iran's foreign mini

treasury secretary timothy geithner announced that 11 entities have been black listed for helping buildnuclear program. they also warned financial institutions to think hard about doing business with iran. >> if you are a financial institution, anywhere in the world, and you engage in any transaction involving iran's central bank or any other iranian bank operating inside or outside iran, then you are at risk of supporting iran's listed activities. >> this comes on the day britain cut all of its financial ties with iran. china and russia continue to do business with its country and be the biggest buyers of its oil. >>> number two. what's next for the safe al islam gadhafi? he's been on the loose. the interim government wants to put saif on trial in libya and the international criminal court has said saif should be handed over to go on trial at hague. mike newton tells out front one solution is an icc trial which mandates saif be acquitted and transferred to libya for trial. >>> number three. president obama, just a few moments ago announcing the pardon of five individuals, leslie barry,

protesters gathered outside the treasury department and urged secretary timothy geithner to support international efforts for a tax big banks to aid poor nations. and in new york, 78 occupy wall street protesters who were arrested in september had their first court appearance in manhattan. meanwhile, in oakland, demonstrators vowed to continue their occupation, though they gave no indication of how long they'll be there. >> sreenivasan: cyber-attacks by china and russia have stolen huge amounts of u.s. high-tech research data to fuel economic growth. the associated press reported that finding today by u.s. intelligence agencies. the study warned the cyber- attacks now pose a persistent threat to u.s. economic security. u.s. officials have complained for years about cyber-attacks by china. the new findings mark some of the sharpest, most direct criticism yet. in syria, activists reported tanks fired on demonstrators today, killing at least 12. it happened in the city of homs, one day after the government accepted an arab league plan to end the bloodshed. the plan calls for the regime to withdraw i

and treasury secretary timothy geithner issued a statement, saying, "it is crucial that europe move quicklye financial stability." there was more violence in syria today as security forces turned their guns on protesters after friday prayers. activists said at least 16 people were killed. amateur video showed running battles in the streets of the capital, damascus. it also showed security forces dragging the body of a man down the street. it's estimated more than 250 syrians have been killed just in the last two weeks. and human rights watch accused the syrian government today of crimes against humanity. heavy new fighting also swept across yemen. government forces pounded the city of taiz with tank and artillery shells. at least 14 people were killed. 120 miles away, thousands of people in sanaa held competing rallies for and against the yemeni regime. there were no reports of violence. the yemeni uprising against president ali abdullah saleh has raged for nine months. the palestinian bid for u.n. membership went to the u.n. security council today, but it appeared to have little chance of

treasury secretary timothy geithner announced that 11 entities have been black listed for helping buildnuclear program. they also warned financial institutions to think hard about doing business with iran. >> if you are a financial institution, anywhere in the world, and you engage in any transaction involving iran's central bank or any other iranian bank operating inside or outside iran, then you are at risk of supporting iran's listed activities. >> this comes on the day britain cut all of its financial ties with iran. china and russia continue to do business with its country and be the biggest buyers of its oil. >>> number two. what's next for the safe al islam gadhafi? he's been on the loose. the interim government wants to put saif on trial in libya and the international criminal court has said saif should be handed over to go on trial at hague. mike newton tells out front one solution is an icc trial which mandates saif be acquitted and transferred to libya for trial. >>> number three. president obama, just a few moments ago announcing the pardon of five individuals, leslie barry,