4.3 • 1.2K Ratings
🗓️ 20 March 2020
⏱️ 23 minutes
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| 0:14.8 | It was a week like no other ever seen on Wall Street. The coronavirus crisis sending shock waves through the market, the economy, and our collective nerves. |
| 0:16.3 | The Dow seeing both its biggest point gain and its biggest point loss ever this week. |
| 0:21.7 | All told, the Dow drops 17 17% the worst week since 2008 and perhaps |
| 0:26.4 | this is the saddest and most incredible market stat that you will hear today. The Dow |
| 0:31.0 | now on pace for its worst month since 1931. |
| 0:36.2 | On that note, welcome everybody. |
| 0:37.3 | I am Brian Sullivan. |
| 0:38.6 | The market meltdown comes as Congress scrambles to launch a massive aid package to help millions of Americans who are likely |
| 0:44.8 | to either lose their jobs or a good portion of their incomes. |
| 0:48.4 | We're going to hear more about all of this in moments. |
| 0:50.8 | Senator Pat Toomey of Pennsylvania will be joining us live exclusively. |
| 0:54.4 | He has been inside the 11th hour negotiations on the hill. |
| 0:57.8 | We'll get answers on what the ultimate stimulus plan may look like and what aid packages are |
| 1:02.3 | likely to come and whether regulators |
| 1:04.0 | need to consider banning short-selling or reinstituting certain rules in the |
| 1:09.5 | near term. That big interview is ahead, but let's break down this historic week. |
| 1:13.4 | Joa Dami, Tim Seymour joining us in moments as well. |
| 1:17.5 | All right, a few hours ago we learned that a big Chicago firm, Ronan Capital, was unable |
| 1:22.4 | to meet its capital requirements. |
| 1:24.1 | This forced the Chicago Mercantile Exchange to invoke emergency rules and auction off its portfolio. |
| 1:30.6 | Gaiadami, we lost a few hundred points toward the last hour. |
| 1:33.8 | Do you think that news exacerbated the selling and do you believe there are more firms like |
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