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Looking at the Wall Street meltdown

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Play from 0:13[0:13] ..." wanted to hear this is the important part this is the global central banks. Rate -- this is a coordinated global central bank cut so it's not just us it's. The ECB the bank of England the bank of Canada. Back across the globe actually working in concert that's exactly what you needed I think -- Fed cut alone it would have left some of the facts -- releasing the effects of what you get -- have coordination with central banks really you know attacking -- global probable."...

Play from 0:41[0:41] ..." because of all of a sudden the futures for today's opening on Wall Street turned into the green."...

Play from 1:05[1:05] ..." via a real positive sign that we're getting at least. Some some interest rate cuts a couple of -- liquidity to -- Petroleos."...

Play from 0:00[0:00]" Joining me is art Hogan chief market strategist for Jefferies and company. -- and then move on this morning. Half a point down -- to catch people by surprise."

Play from 0:10[0:10]" To a certain that this is something -- of a quite a bit in what we really wanted to hear this is the important part this is the global central banks. Rate -- this is a coordinated global central bank cut so it's not just us it's. The ECB the bank of England the bank of Canada. Back across the globe actually working in concert that's exactly what you needed I think -- Fed cut alone it would have left some of the facts -- releasing the effects of what you get -- have coordination with central banks really you know attacking -- global probable."

Play from 0:40[0:40]" It apparently is having an impact because of all of a sudden the futures for today's opening on Wall Street turned into the green."

Play from 0:47[0:47]" Fisher -- they were there were deep in the red to ordinary that it -- got here early -- futures in particular to get 250 points and so we could be in the apartment building -- so that's quite a turnaround to trigger should be -- current and had been in there about time -- We've been. Some very very tough markets the last three days of certificates via a real positive sign that we're getting at least. Some some interest rate cuts a couple of -- liquidity to -- Petroleos."

Play from 1:13[1:13]" Obviously -- at the goal is to loosen up credit."

Play from 1:18[1:18]" the typical is not just to make money cheaper but to get its financial institutions to borrow a chip -- it. It's this second step the -- most important part we're starting to feel little. Credit markets are open up a little -- markets working again. -- ticket this is a done deal again a very important step in the process but that's exactly correct we needed to have these institutions for the body that related out."

Play from 1:39[1:39]" Our bullet to get back to your computer Hillary can sort you very much by."

Other Episodes in this series

Right to repair bill working its way through legislature

audio

9 Feb 2010

Right to repair bill working its way through legislature 

WBZ's Ed Walsh has more.

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[0:00]..." Well congratulations you got that new car and you won't do between the bank owns it but do you know your name is on the title. So when you wanna get it fixed shouldn't you be able to choose we you can get it fixed well some lawmakers say that that is intellectual property and they are concerned as well. About damages for which they may be considered libel for repairs made by. An independent contractor -- garage. Massachusetts is struggling with the so called right to repair bill which yesterday passed an important hurdle on Beacon Hill. Anthony's want to talk about it is -- Michael Morrissey of Quincy. Who is one of the members of the joint committee that's gonna try to tackle this the house has approved it senator. "...

[5:59]..." of pressure these days in your district you're sitting in in the Quincy. How does. For example the -- big official were there how to feel about it. "...

[7:41]..." and that still happens. As stated that there are times when citizens South Africa. What this was a certain authority. To do certain things so. -- with the with the with the state its constitution branches "...

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8:00more in this series...

Local group gives opinions on gambling in MA

audio

9 Feb 2010

Local group gives opinions on gambling in MA 

WBZ's Jon Maclean speaks with Diane Crowley of the Mass Council on Compulsive Gambling about their trip to the state house.

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[3:08]..." plans to ensure that they comply with the best practices of responsible gamma -- and nationally and internationally. And that they'll put in oversight authority that includes individuals. And an expert in public health and feel of the game addiction. "...

[0:02]..." I'm speaking Italian Crowley who is with the Massachusetts council on compulsive gambling. And at -- you'll be at the state tells today. OK and what will you be doing. "...

[0:23]..." for their consideration. When he began to see -- gain to -- gambling legislation. "...

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3:24more in this series...

Sister of murder victim discusses new stalking law

audio

9 Feb 2010

Sister of murder victim discusses new stalking law 

WBZ's Deb Lawler has the interview.

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[0:00]..." Sure to -- joins us this morning and she is a sister Sandra Burke fields who was killed and 2000 it's amazing that ten years has gone by. By a man who stocked her man she had no relationship with let's back up ten years and tells the story this morning of your sister Cheryl. "...

[1:12]..." And fast forward ultimately this man was convicted of murdering your sister with a pipe bomb at her at her own home in Everett. Tell us a -- this bill to governor will be "...

[2:00]..." She she would not she will qualify for a restraining order because she had no prior relationship. Under the current Massachusetts state by you have to have. A -- relationship. Currency to qualify for that particular to a 98 restraining order. "...

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4:33more in this series...

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