Yankees Win Good for Economy

" High blood on the Fox Business stocks come pick if you pick to head -- eyes might not -- the audience that cook. -- us Election Day city. Those in need of voting districts got out and have their voice heard after all at least presuming voted for the people who won by --"

" they did not elect an ounce envelope full force here in Sydney to vote for Thompson in Manhattan for there you were hurt you came out and you voted you made at a much closer race that -- will get decided until."

" Late last night so what you -- manageable as the Jersey campaigns who went in late into the night to it wasn't it wasn't sure a sure thing -- Even though he did have about a 5% -- most tonight discussion for."

" The day and another show obviously but there's a lot of talk today as the how much ground if any the Republicans really gain in this whole thing I -- wasn't really important. Yesterday take Virginia to take New Jersey get to keep you know certain -- oral seats like in New York. Believe they did lose of an upstate new words though. Yes they lost. -- some ground but still -- you wonder how important it really -- I want a little momentum going forward."

" I I think that your of Virginia is much more in Obama played in Jersey Jersey we're just all fed up and we're all paying out the -- I think Jersey was much more. A result of Jon Corzine running us into bankruptcy practically -- I know you notified about that I'm happy today with the results. Latino and -- ask me college actually think he's going to pull off. You know all the big promises the nation over tax they -- whenever any politician says he's you know running on a change ticket."

" But an automatic it's yet pulled off 100% of the time it happens 100% of time new ways to change."

" Why. Liz Claman got leather is now. Video games and that way more important in this political garbage more fun and way more -- in red city California. Electronic arts how do you get these gigs Liz that's what I wanna."

" It now. I have met John racket talent as CEO while back when we return three days in the valley but this isn't a deeper story we really need to take. It to pick them and I hate to traipse around. So yes we have a total all access your electronic arts and other the makers of -- and keep a soccer which is absolutely huge globally. CNN's forget that they are one of the biggest the best globally and now hundreds of millions of units sold at sixty dollars a pop so this is definitely. Pre holiday economy story you've got to mean definitely who's going to have the money. Will be sales pick up they have been down for the count big smack down for video game industry but one of their brand new games. Don't even ask it is so weird and so -- in the shadows yes it's called. Dragon Age origins it just got released and I'm sitting next to the guy who created -- his name is doctor Greg. That's chat and we are thrilled to have you here my pleasure -- I can explain the doctor part. Medical doctor first you are geriatric in family medicine."

" That's right yeah actually we thought about BioWare with two other medical doctor green -- is my partner BioWare still leaves a medical Buffy and -- general manager for the whole studio so it's. Pretty exciting stuff we've we took a big transition from the medicine -- you if you take that transition to video game boy it was always our hobby we women were young we put -- video -- during medical school rain -- and they're proud partner gusts and yet put. They'll sit in the arcade games and and -- play all these games particularly actually we want -- we weren't we didn't concede that as a possible career would come as a as a way to go."

" Here's some kind of crazy man I mean I've seen these games and the stuff you guys come up with is so dark and strange in your slaying dragons this arch demon is that correct track. Okay. Tell me about that is that the focus of the game the theme of it and and how you come up with the ideas for."

" Her and that's because it's a whole team you know let's let's not just me it's not illustrates the -- but a wonderful team tell the people who work of the years. And then the way the way the game you really think I'd be behind Dragon Age is usually called a great Wharton. And the world in which he exists as they. There's this thing called the -- that a -- 400 years comes up from underground these. No evil creatures the dark spot coming my way such small on the screen behind -- into the gory its habit it's immature games so it's it's for adults. But very very well written they -- things this the guy. -- be right actions post a second novel in drag racers -- number of more than in the -- present BioWare games really hike all the reading writing obscene movies. Film actual novel that's very very high quality and and so the incredible story in great characters you actually take it's been through this through this through the story actually. Yeah YouTube really spent a lot of time talking and getting -- them actually trying to trying to. --"

" What is the Genesis of a super successful game because there are millions out there right now but how does it all started think that people look at some of these games in the -- Where this guy get the idea and and where does it begin."

" I -- really eat it it's always a gamble in any game development is is a high risk venture -- in the sense that you could make something that's one of the best games most highly rated. But may not sell you have to both have become technical excellence. And actually you know high entertainment value and then even to make any more complicated you have to hit the public for the right time when their interest in this in whatever it is here you're pitching you know what we think. If fantasies actually pretty popped the last couple years with with Peter that's one of the rings the Hobbits mr. -- the corner. --"

" And their competitors everywhere there's this World of Warcraft so how did you get people. Together than their psyche that this is the game that they absolutely must play right."

" Well lots of what we do a lot of hoping and kimono what we actually built what we spend it's it's too late to do one thing you can sit com -- the bill for the -- opening the c'mon how well we're building that's that's."

" Almost to the skies out of central casting Tracy and not on -- because that's actually describe it we literally."

" During development bring the bring people found that we actually went and it is actually even for the instant offense in the play it can't stand the test it actually let them blog about it left a lot to say I think this would be better if now a book that they'll tell us that but also -- if you wanna. You know write about the game -- experience playing that we -- that things a lot of such that we do a lot of lot of stuff that is yet to. The ground up get get get fans excited -- building and it with a long history of making this kind of game is so that's another thing with a large. Population of fans and can energize -- get excited about it to find success and visit all just sales or is -- something more life I mean the five -- it is three -- that's obviously sales are important and and the more -- the better I mean that's just the nature of what do you expect them with us. I don't know hopefully line -- they'll multimillion sellers are all obviously and I think that that we we built the game that can be that the reviews are great. And social -- the fans really loving it like getting what I think we really tried to use to build enduring brands than during franchises. So that that's another another factor and finally you know we we actually -- fired makings are we want people to recognize that these games can -- you emotionally. And have an impact on people will center their lives on playing these games and have an incredible experience so if we hit those three things in the sales. The that the commercial the critical feedback -- the -- love that grade."

" Addiction you know I'm just have to wait -- you just talked about how how it can be very emotional. It tell a story -- an old -- from your perspective because obviously you're able to straddle both he played a lot of video games but she made it through medical school and became a doctor. You can have both in her life although it's it's but told --"

" The minute like everything else and and you can you can -- I played games initially but the same time you know you have to. We make sure you understand what's important in life sipping a family friends from work school whatever it is it's it's and I think isn't sustainable cost of -- gaming addiction it. I read an article from in the fell from a benevolence. Dances with addiction special system. Clearly he that you proving games are an addiction based on the fact that -- know biochemical change which is that traditional perspective of addiction but. They're certainly. You know people get really hooked on them that if it's it's sort of the very slight difference there -- what we really want you'll do is treat -- like it Nielsen life. That you you you make sure that you balancing it with everything."

" And as we wrap up the mobile devices you know. We've been looking at all of that and that seems to be the way of the future does this translate as well onto a small mobile device --"

" Also there we actually have a flash game it just. Up the -- a couple floors here -- drag these -- on flash -- Think about putting on -- and I thought taking a mobile devices lot of things you can do it and mobile devices -- huge I mean obviously the future's going to be. You don't you take your game with you but actually about your game as -- exist on mobile devices to sit at a computer the same game but in different way. You know you quit consul a different way all all in the same game world that's the future districts and."

" Greg is not going anywhere in fact we're gonna hop on over to Fox Business Network and we will be slaying the arch. Demon I think second are here I'm going to slay the dragon you guys sounds are great -- photographer I'm a great war. Yes graduate yes not a great mortgage and credit than Martin and Greg vet -- over here in electronic arts and other Fox Business explicit but. Hop on over when the webcast is done and and check it out."

" Thanks -- appreciate it great stuff with claim that is so cool well city California with electronic arts. Annual was really pissing in the conversation and I guess the answer -- it was I wanted to know how secretive they are when they're making these gains would he said. They bring in focus groups the play him in the blog about a when it when their reproduction so -- not really hiding a whole lot from Activision the outline of their Israel espionage going on. Stealing ideas and Activision is -- dean has this he got a topic by doing that you know doesn't sound like that's really what's going on."

" I guess and then that's. It's a great point actually because Heidi it but he says that tested you still gotta get them what I don't know is out there to sit there in my longest range plane wouldn't these -- play although -- The hello tunes I do have to say -- as a parent because they got to read review on the thing. It does say partial nudity and sexual contact. You know video game and -- clueless."

" What do you mean -- video game yeah you hearts no longer space invaders and defend their -- to try and remember all the job."

" Those are good okay my little Atari system you -- a frog about a life -- fit club membership -- the line wasn't even like."

" It was like zigzag could you couldn't get -- line Conrad that -- is here is senior it economist at RDQ you had a heart get that contract sick a couple of we all -- the title the what was the other one the -- legal vision. Number and now we are -- households yet television was once and I'll I'll go off that was absent on this. Doesn't doesn't sort of for the rich kids I don't have a forget about the games like what the other rich kids those who are making money on Wall Street if anybody is right now we're up a 10160. Points. On they kind of stay in their little big here on. It strengthens all morning long home."

" They -- women should we've had this thing yesterday when we got the Yemeni news should be a 160 yesterday instead of down. It's really hard to reach this market isn't."

" you know this is an important week for for data as well and today. They were sort of mixed get some better numbers on the employment front earlier in the morning and then. Later on we had a little bit more. Pull back in in one of the economic releases but I think people are sort of getting ready for the the event of the day which is the Fed meeting later on but you know -- looking at the data things are are positive and and I'm not surprised equity market is."

" But we're all kind of wave that pull that between five and 10% of -- the general consensus do you agree with that and have we already had dead or are you still looking for maybe a little bit more to the downside before we don't."

" Well you know it says it did the pullback we were looking for a pullback back in September and we can have it. So you know we don't. Try to short term time the market too much but. You know wouldn't be surprised to see if it bit a bit of -- public given the run the we've had in the equity market but I think longer term. Our opinion is that we're probably going to get a -- a profit margins were probably going to get some. Nominal growth -- revenue growth that results in pretty decent corporate profits and I think that leads to higher higher equity prices over the long term."

" Connick junior partner John riding have been very consistent about one thing and that there's a lack of policy you're you're afraid that because there's a lack of policy to get out. To continue this at our economy with -- the government involvement that's the and shaky part about the."

" Yes well you know it in the short term what we're seeing right now is it did anyone expect three and a half percent real GDP growth six months ago. Probably not writes -- the short term data have come in stronger than expected we are getting some boos from areas like. The manufacturing sector which is performing much better than most of us look for its related to inventories and -- clunker isn't. That that our concern is for the longer term right that the missing piece in this puzzle was live market. The most job creation comes from small businesses and I think that's small businesses still have reasons to be concerned about. Adding to their cost significantly he's really don't know where those cuts are gonna be and speaking as a small business owner we if we wanted to add to payrolls we don't know. What sort of health mandate we're going to have next year we don't know. What sort of additional taxes we're going to get particularly the state local level -- we come across new ones it seems all the time. And then we'll face a higher tax environment 2011 so the longer term is an area that we're more concerned about yeah grams of expanding our policy does that mean the government -- to get the heck out. But what we would -- you know if if we are going to see government policies that support growth we would like to see a broad based tax cut we're not going to get that in. It's the policies that are going into place I'm not saying that the government needs to completely stepped back -- think think of that fiscal policy. Can be supportive over the longer term but I think that needs to be in the form of a broad based tax cut not governments. And bullet task that related to hiring help is that that's on the that we thought there as well new -- the -- small businesses really need those tax breaks. Because what is going to have to push them to hire -- they're not just going to do and I've learned how to do it with did you know patches batten down so what's going to force him to change what you know I would like to see something that's that's sort of just. More simple and across the board just let businesses keep more of the money that they make and I think you'll find that they'll put that to work in terms of higher capital investment in higher investment in labor. I'm just you know not expected that in fact I think that we're going to see things in the opposite direction we have that 2003 tax cuts expiring sun setting in 2011 so. It's not a tax environment that I think it's particularly. Very Rosie won for for business."

" And as far as the government getting not -- they still haven't been -- money so that thing crap you know in this economy in the going to be for at least a home of the year we haven't heard. Anything about their exit strategy."

" Well in terms of the on the fiscal side the estimates are. That more of the spending actually comes next year than break this and that and that's I think. Important when we consider a lot of people are saying well there's three and a half percent GDP growth that we had was all related to the government's stimulus spending it's going to go away in 2010. And we're going to drop back down I think that's unlikely. I I think there's a little bit of an exaggeration of the the impact that the fiscal side -- have a I definitely think that. The stability in the financial system that was that was created by the Treasury Department Federal Reserve has been very helpful and has allowed us to have the type of growth that we've seen but I don't really see did the fiscal spending side as an area that's necessarily used to grow that significantly. Conrad thank you very much sir good to see in my pleasure kind of."

" OC of course from mob the Audi -- economics he's seen the economy there and I look at regents."

" All day every day they senator modeled along these guys are great he and his partner John writing."

" It's bomb you know once -- caught your -- right now and one of the human. I'd like to find out because you're on you can talents canyon I -- well."

" Literally here's a -- I talk to any divorce attorney these days right now because where we Iraq economically. -- as a filing okay that's what it's slowly coming back Graham. Homes most homes are in the toilet with a divorce rate as a result is the -- Lesser less people are getting divorced now credit it's probably for financial reasons that they're deciding to. Muck it out and stay together but you. It is very costly to get divorced and to split everything 5050 when there is no 5050 anymore I guess but -- but it's also. Isn't money the reason why so many couples get divorced and human need isn't the huge part of their money squabbles and money problems when in that closet -- arguments late latest yes yes actually -- 54% of matrimonial her attorneys are out there announcing. Divorce the divorce rate is down because of the economy I notice for a while now but that is a huge number."

" How many of those people you think. That would have gone to voice what did not get divorced because of the economy and that reconciling during that period and stadiums for the well not many."

" I don't I'm not I'm I'm not gonna this is a purely opinion -- question does give me your opinion on it is no scientific fact I just want your opinion. I'm gonna say not there -- on zero and oh. Yeah. It's -- to raise its."

" That's yeah call Rolodex what does 1985. I've got to a quick break FOMC rate decision coming up at 215 this afternoon the this -- love that we come Martin's of that what's going to. --"

" What about that foxbusiness.com. Live. Before we go to doctor Bob -- my favorite people in the whole world I have to read comments from. The prime reason for divorce. Is marriage fair enough today ferret out there and have that's -- you you're absolutely sure no one getting married at 21 my pants right. You there -- think it's too young but that's -- a another show you. Doctor Bob froehlich senior managing director Hartford financial services group of known you forever and you have -- now. Pretty -- on this markets are our east. I am you know."

" You why because I think we're. We're we're still the same crossroads -- that we work."

" Last march in the -- crossroads at last September only a question change back then back in March and September it was recovery no recovery. Now we've answered that question clearly the economy to recover. And the market recover but now the issue is sustainability. And I think people were betting on the wrong side of the sustainability because I think we have two things go and force one is. Then the unbelievable bottom line focusing these companies have -- hasn't been -- how they did it. You know downsizing and firing people laying them off but make no mistake about it there's a reason why productivity at six and a half percent basically. Anyone has a job is doing the job to people -- I don't they let her soul and NAFTA but this sustainability has to come from the top one. That's the most exciting thing that I see right now -- even though this is I wouldn't call this."

" A great earnings season but I would call it a very good earnings season if you're looking at the top line because we're seeing signs of the top line rather."

" Liberals -- as some say attacks when he -- out of companies now they've squeezed it all out and ours we as they can be having grown top line when people aren't spending and people aren't spending. When the companies have already squeezed everything out and people don't have jobs anymore what comes."

" here here's how they do that they're going to have to increase their inventory in almost a panic setting in that is and anyone forecast right now right now the consensus. All -- mrs. we're going to have a slow gradual inventory rebuild. Can't happen because of global economy's going to grow 5%. At 5% global economy you can't you can't use like the Japanese models just in time inventory you gotta have stuff on the shelf so I think it's going to be. The global demand that's going to force that inventory to happen so."

" I think that's going to be one big move. The other move this company set -- mean."

" In aggregate so much cash on the balance -- they're not going to use it to hire people which to me means they probably -- on technology or try to push productivity even more so I think that again that set top line revenue growth number in the other what this was not my favor but -- feel you talked about it -- on the earlier segment."

" All of the 787. Billion dollar stimulus package only hundred billions have been spent."

" That's 687. Billion that it's going to happen in twenty can't oh let's just coincidence that there all for reelection accurate that those in May vote -- All works out like that so is -- going to be spent efficiently in your mind I I don't know reasonably efficient. I ill I don't know that it's ever been spent has officially could be to tell me that I. I would look at your but I would like I would like the Chinese model the Chinese model was this they spent every single penny on infrastructure we talked about doing that here but we didn't do that here now we just that a lot of money making signs saying we're going to spend -- added protect. But the actual infrastructure I mean you get the best bang for your bucks like think there's a better way to spend that good to meet it comes back at the sustainability of our market is all about top line revenue growth I think the global economy is growing I think we're going to have inventory rebuild."

" And I also would not discount the consumer as being totally get right now I think it's a big mistake."

" I think we may shop differently but I think people still shop I -- you when times are tough you might squeeze the toothpaste a little more before you throw away -- if you if you don't shopping what."

" As the recent factor started -- you can bet you can only wear the same socks for so long. What do you expecting me up from the Fed today."

" That's why I think I think we heard from the Fed yesterday. And Internet since that election results that came in. They -- Democrat versus Republican that was a message to every incumbent that that this country's angry this country's concerned so think about this. Unemployment now is going to be double digit. So you're you're sitting in most powerful position in the world you got 535 members of congress get rate of go back to the home territories to prove to get reelected."

" Double digit unemployment there is no way in the world the Fed can do with thing for another year they -- absolutely although for a year interest rates steady but wait what language -- and think they tweak the language not I I think last night may have had a greater influence I have because right now. You've got every incumbent sank all my gosh look look look at the landscape has changed if the Fed starts spinning -- a language change now that's going to be a year's worth a hint because they can't move rates until we get past an -- I mean we're -- and -- the first move isn't going to be for a year from now."

" Dow 10000 Dow 11000 that's great for really. It directly affects a small percentage of the population what affects everybody's -- Alina Seles comeback is that the -- goes on every now. Now we're not wear it they're not coming back that that and maybe next year will start to see signs that look at businesses got -- For full businesses were forced to downsize and right size and get things --"

" And they the dynamics are -- in the favor of the employee your right now even with profitability coming back they're not going to go on -- hiring -- I think they're going to take their time so on -- I think we're going to have to be used to."

" The new normal to me -- the new normal is 80% unemployment I don't think we're gonna get back to 5% unemployment again you know I think we're going to be a pen and a half before we start trending down and I think you'll take the next summer which is also why I don't believe the Fed can do anything. When when unemployment hit trend is still picking up -- gets the -- and a half there's no way in the world we can say we gotta slow things down."

" I think your point to good thing because why hire full time you can apartheid army can hire freelancers can you quickly explain your notion of a Y shaped recovery -- you have this crazy letter compared everybody else."

" That's because I'm tired arguing about yeah that the alphabet -- I think we've recovering I think the recover."

" He's going up -- the sort of bottom of the why it is we're going up both in the market in in in the economy. But not everyone gets to participate that's what I'm saying it's going to veer off there's going to be clear winners and clear losers especially from an investment perspective. I think the financial services industry is going to be a clear winner and I believe that because that would yield curve is goodness deepen the Fed can't move rates solo. The short and stays there the long angles up because of the global economy I also think the NSA activities going to continue to."

" Play out a big way so financials when I think technology would be a thing about this we really haven't had a replacement cycle since Y two K."

" They still wearing the same amount we thick look at me have a yeah. I. Think that everybody is so great to see them so Vladimir Roberts for organizing and managing director Hartford Financial Services that as well thank you. Hopefully next time -- socket and you'll come back and."

" People do -- and you know if I'm. There you -- don't want to. I guess he would -- not get any support us creating that right now is separate radio and joblessness lets lets loose with these two little we thought we."

" Isn't lose again when -- there who's winning who's losing today in your mind."

" Believe it or not there's a fair amount up based on the fact that the market is a 118 points but I do have a loser it's Conway believe it or not. Third quarter profit down 67%. This is a freight transportation company. And the reason I soft spot for -- actually because -- less than truckload and global Seth segments missed. Estimates that first story I ever wrote as a journalist was about the less than truckload industry on a walk in the doors of journalists I know nothing. And they asked me to read about the civil things things have changed since then and -- carbon footprint and I was reading about Con-way back -- But now okay some winners in General Motors actually switch gears they're going to sell Opel to magna instead so -- stock is moving. Fiercely actually because of that. Also wellcare swung to third quarter profit and they also released actually the centers for Medicare and Medicaid. Had them on disclosure sanctions they released all that it's over wellcare moving today bank of Ireland moving believe it or not -- Happier first half profit down 73% because of restructuring and impairment charges but they did say that their loan impairment. Estimates going forward are going to stay the same people are very happy here that the -- if that was going to go up that's going to increase since they don't want another horribly bad. And I think people will -- yes but not more horribly bad so that's something actually. And ambac is your big mover today swung to a third quarter profit and this actually. Bothers me a bit because. Of mark to market changes on their credit derivatives. -- it which insisting is that without the change in mark to market. Last year these this cost them billions of dollars in losses now this year because of the mark to market changes we saw to that besides. And their credit derivatives are being priced at a much better rate because of it so ambac having and I think that things will. Accounts caving in changing mark to market so that fodder for other --"

" that -- is that magna is up today because General Motors is not selling Opel or bought solved through -- because they decided not to the Canadian come right now via all -- months of talk. Now on the sons and anything you know what -- We're going to try and sue and I take."

" In this thing that I sit and then let him make sure enough and they change they switched courses they're not selling it is good for magna could then you you know cremated and sounds and I want to junk."

" And let had to write a box on contiguous Morrissey and the idea on Vauxhall and I was in that would it was so it's actually -- pilgrim and I think her pregnancy rate. I only come back a lot more on the Fed decision coming up we're going to talk about. All caught my guy how about that -- with Jeff Flock. Let's talk and autos beloved flock. On this dot com live continues Scott Burns a 400."

" What's he points right now on the day better sharp stick in the united. All of so that all movies right now yesterday you leave that question. Yes -- Viacom give -- a surprise upside on the earnings today it was Time Warner beating on the earnings per share line. Meeting on revenue this morning in -- on -- Yahoo! movies. Joins us right now. Don't you listening to the conference call this morning Simon Bewkes for the CEO for Time Warner said. On the -- along the publishing is a drag right now on earnings but he called the film division very under appreciated do you agree with him in that regard."

" I definitely do I mean they've they come off another great summertime in of that too. That a mega global success or for the latest Harry Potter movies at the hang over huge surprise with a hangover and money is still trickling in from those movies so. Nothing wrong net they had. You know that the third quarter -- being a little quirky -- you have more genre films and had a couple successes there you like a good date night movie came out time traveler's wife based on the popular book made over sixty million. He also had and from film like the informant which is Steven Soderberg movie made little over thirty million. The kind of weren't sure what to do with the marketing wise but still you know when he got Matt Damon you're gonna make a little bit of money so. You know I think the future looks looks really you know steady very bright. It seems like show on these sub field. Former media conglomerate some of them started spinning off some of the area different pieces but it seems like they're relying more and more on film revenue. To give them their growth is this what you're seeing is well on -- and we expect this to continue fourth quarter and in 2010. Absolutely I mean the whole summer was once again record breaking three years in a row that. You know they do now eclipsed over four point two billion dollars for the the summertime the four months of summer time Warner Bros. a huge part of that. And and all the studios they've they're seeing how to make little cut backs him -- his. That was one of his big things he's like we're gonna we're going to really in some -- the publicity and marketing expenses in some of the Elvis the other extraneous costs and and really make sure that we streamlined. The profit of profitability of theatrical releases."

" You know they still -- Time -- in particular still struggling with this whole big. AOL and it's a noose around their neck and it's been since I remember when the deal happen with Steve case against their stand on stage like he's -- new hero. And unfortunately turnout to be the biggest disaster ever movies though because. Even -- stocks have held on tremendously during this whole thing and you gotta believe that. Well I'm not the hugest fan of some of the films out there and that's he's going to call me a girl because a lot of them are action flicks but. It's still something you can do and not break the bank now I do sneak in popcorn and I will be the first to admit it but he can still take your family can still go see something. Without feeling like you're not going to be able to pay your electric bill. And I got to believe that has something to do with why movies -- on why the movie theater stocks have held on through this whole thing."

" That are in tough Financial Times you know movies -- always stood out as like the one form of entertainment where people can escape. They can do it affordably you know going to the ball park super expensive to take your family you know go. Jumping on an airplane go travel somewhere you know sadly all that stuff is just. Really it just -- really exorbitant families these days but I can still get away for two hours take the family and you know of course the cost of all your goodies and -- sneak an amendment. Yeah I think it's kinda high but it's still. The most affordable thing so you know and and it's a really great lineup coming out in this holiday season some bigger movie some like more. -- mass appeal movies and we've seen in in. Kind of the last few years during holiday season you know more event movies like 32 and an avatar the new James Cameron movie. Including and then the Sherlock Holmes actually from Warner Bros."

" Blockbuster is what is the oh what do you think the impact will be. -- YouTube and Sunnis and the movie houses now trying to put some content more recent content. On -- YouTube and things like that is that going to be an immediate impact in how big one do you think it'll be."

" We know everyone everyone's getting lots of video and -- learning how to all the -- learning how to maximize the use us really well you know Yahoo! movies were big. Big partners within me and we help them debut big exclusives gets people excited about the movie's early so yeah that's there is. They're -- the only learning the only just learning how to best use their assets and and especially how to use the online audience because. And a lot of ways that's the most economical I mean they can -- stuff up there for free and they know people will come. And watch and you know they didn't have to -- media for that."

" Can you talk about fell 3-D movement because I gotta believe that's something they're using to keep. People from downloading these movies for free or -- things like that you can't get a full experience of a 380 film. Unless you're in the theaters."

" this kind of kind of is a bit of a defense against that but. What it really is it's it's another means of making a little more cash at the at the box office."

" And expanding the money summer movies real funky rigid and his glasses it's -- and."

" That's right and as you know what into the margins and all on sort of the the increases at the box office you know for the 3-D IMAX movies now it's it's next to nothing you know because putting in those you know the special cameras and stuff. You know just to show the movies you know it's like a one time cost for the theater and you know -- the theater's always trying to find their angle on trying to make a little more money so. You know within the whole emergence of 3-D and IMAX and everything like. Everyone kinda gets a little extra cuts so that makes you know everyone in the business of movies now. That much happier than."

" Yeah -- dean is there reintroducing. Favorites like toy story. And movies that -- you know the kids if you already reintroduced it as three days that's a home run for everybody some everybody's making money on that."

" Oh my god I mean yeah why not why not put the in the movies that were already winners and you talk about like you know everyone's doing remakes but. -- why not just redo the movie so that you can -- the glasses on the whole new experience and you know those movies made piles of money back in the day itself. Yeah Disney and in particular very much at the forefront as his DreamWorks -- they're really really spearheading the three the near the new 3-D generation of movies."

" I shall we appreciate -- wants to be digitally remastered all right -- we can you know continue the other revenue stream I'm a man. Thanks John the John John Allison got out of that -- expression. Digitally remastered they say they're toys that is not digitally mastered so you gotta see what caught my -- last and I thought it wasn't digitally remastered Liz Taylor --"

" His earlier masses that it's is at the same thing. What is so cool if the road runner was 3-D -- the road runner connected rivals say this and it's -- movie. Yeah that would area in 3-D."

" I saw when I saw it's raining spaghetti and meatballs or whether no body -- Edison company rather upon -- that I've been net he's not. The preview for that wasn't -- with a glass of cool are also looks really really cool lot different from the that the reading movies. That we saw it was black -- my son all right it's time now to -- look at Fox Business dot -- and yes in these stories go happening there in you've got some enforce that that you really injury today. But it's not come in."

" Isn't life a little slide show that you watch on our website which is really cool but it's about how this guy is making clothes out of trash. It's. Creative I guess is the -- the obvious you know body connected via -- effective -- in the environments you can get out there. And watch how he's doing this and they have this lingo now for people who wear these clothes. They're called and it's attain a team shirts and things like that -- like pick Eric Holder and trash running he's creating -- whole language to create the buzz. Ford is product and I what I love about it is kind of little grassroots marketing. He creeps up a little lingo you get people -- certain little buzz about it. People get curious and -- sending a product that's out there that I think he's a genius part about it I'm not entirely sure. I'd wear recycled clothes."

" I know it seems any room that I -- who -- society and I. -- He's talking about the top 170 fibre and has not just to see -- so a lot of top sales people top traders are leaving as well there'll actually joins us is what makes my job these -- go to the -- right away and say. This story really caught my ally what's what's the deal with this how how much talent on these companies like these big banks like Bank of America really lose."

" to talk to these guys they tell me that it's a lot. And I tracked down and protect that about a dozen of these guys and I spoke to about a half dozen and what they tell me is. That the traders the analysts at brokers the Fed up they're tired of seeing their name in the news constantly they're tired of hearing that. Wall streeters are evil and admired here in that anybody who makes over. Phil and a number 200000 dollars a year should pay back shouldn't pay that should make that much money. And so these guys said hey you know what I have a name on the street I have I have a reputation I can go somewhere else and and they did."

" Not dare not leave in Wall Street it is basically walkman in a different -- A better yet seems -- different color right there you know the start their own little boutique firms they're doing the same thing they're probably making just as much money. That is not associating with these big evil --"

" Exactly and you got that's it's a good point you do have some the start of boutiques that are coming about because these guys are leaving insane now I don't need Bank of America my own name I've got -- clients. And you've got guys going to some of these smaller firms there -- some. Was our places like that. Where they can do exactly the same thing they can bring their name they can bring their clients. But they don't read about their company on the front page New York Times or or Wall Street Journal every every week. And you know. One of these guys said to me what you thought was interest thing. Last year I guess it was go back to January December January he had this sort of torch and pitchfork mentality of anybody who was. Being paid a bonus on Wall Street and and you had I think it was in March this house bill passed when they were going to -- things that 90% rate or anybody you made over a 328. Members of the house voted for that thing that's Republicans and Democrats. So you work on Wall Street you're looking at that insane. And I want to stick around at this place and no one guy said my salary is my -- on May get you know they they they get a check every week but their means salaries that all of us. The guy said that simple what I can absorb it suddenly I'm indicated 90% simply because I work for -- If people say well into the guy's arrest into the ground but it's really not when you look at some of these guys they've nothing to do it."

" You know it it the end of the day that I think you're gonna get these guys to go out start firms start offering very similar services cheaper. And so right convict an attack undercut the big guys they want to bring their clients with them at the end admitted that this actually can work out brilliantly. For many you know of their clients of customers things like that because they're getting the same guy the same product. Probably at a much cheaper price that was some crew."

" It for us though because then that the companies need to do really well to pay back the taxpayer and the losing. The business to these. Smaller companies that that used to work for Bank of America used to work for city that's the thing it's so either one of these guys said it's counterproductive -- candidates trying to. Try to maximize the return on these companies because we is that taxpayers are the biggest investors and and here were saying to these guys well your top talent you have a name but we're not going to pay yet we're in fact we're gonna we're going to have Phil and I -- you organized we're gonna say -- able. And they're a little bit fed up and you know as I said the story it's it's a little bit difficult to garner support for sympathy for these guys but. When you think about it we really should have some sympathy because it's our money."

" Clear because it wasn't and it wasn't all of them that caused the problem right held guilty by association good stuff down thanks -- thank -- it's Alan Cox business dot com. The picnic if you love it's eight a lot of -- might have some competition looks like Apple. Could be throwing their hat into the ring we're going to talk about that we come down. Do you love you know with the if if if."

" But back NBA and lag you can always email us at the end live at foxbusiness.com. We're on Twitter. Although -- or not but we escape at BM line we are on Twitter. And don't forget to download -- great act for your iPhone you can watch this anywhere you want and apparently you were watching us yesterday in voting -- because people got out."

" And voted to -- voted thank you very much regular amounts com Dan Moore and joins us right now associate editor Mac -- again. Rumors. Surrounding. The the surrounding Apple on this this kind of involves prescription subscription I should say nonprescription I need a prescription. Some description TV Dan is that right."

" That's right well what we're hearing is that Apple's going around to the content providers of the networks and media companies to back them. And it's pitching an idea for subscription service where consumers would pay around thirty dollars a month. And be able to download their TV shows him live on the web that kind of thing."

" 72 -- my cable bill."

" Well I mean that's that's a good question I think clearly that's what Apple's hoping for I think they've done great -- music in the past and -- TV they've they've been selling TV shows for a long time it. That really taken off quite the way that they hoped. So I think that they'd like to challenge the cable companies and that you guys coming in like Hulu and Netflix try to get a piece of that --"

" Obviously they're going to have to getting good with. All -- TV networks cable networks because it spread out so much right now."

" Is that more of a pipe dream what do you think that's a reality that Apple could get deals with."

" All of these networks to be able to give everybody what they need to make at thirty dollars worth their while."

" It's a possibility I mean they've been dealing with them for a long time in order to sell their shows online. But I think the networks are going to be able cagey about this because they've seen what happens in the music industry when they -- did so much control Apple. And they're worried that you know if they start. Turning more stuff over to a subscription model. In my cut into their ad revenues in my kinds of deals they get cable providers like Comcast and that's really where they make most of their money these days it was going to be a question for the networks of whether or not worth their while this is."

" Is all part of Apple trying to take over the world because there is a little bit world domination undertones here with this right and they started tried once before with Mac TV and that's sort of fell flat. They clearly are trying to work off the fact that they have always credit card users on -- now right so if you're gonna pay for music you model paper TV. Again it's it's all part of this. World domination that your house has to be Mac. You know from start to -- well I don't I."

" Don't think it's necessarily a world domination but certainly they've they've made their career out of producing great product the consumer consumer to -- the white. And what you said they've got over a hundred million accounts on iTunes all the credit card numbers attached and it certainly seems like a great installed base for them. Com and they've tried to move into the living room with the Apple TV product and I haven't had much success -- There's a lot of challenges that the existing sort of broadcast model of the cable -- extremely entrenched obviously so. It's a hard sell to get people to switch over to a completely new way consuming television. But I think Apple would clearly love to have you know more media coming through there --"

" We talk about what's important to Apple on this obviously has to be. Through weighing down the you know the pipe -- if you will in terms of you they've got the net book that we we're all you know really anticipating right now I think that probably. You know -- another forward Gphone coming out I'm sure relatively soon they love to -- at the people's Tuesday. By the three GS they'll throw another whenever I imagine this is further down -- down the pointless -- it."

" Well there juggling a lot of balls right now and it's hard to tell Apple obviously -- things really close to the vast. But I mean the sort of the rumors floating around -- suggesting is we could see this as early as the beginning of next year but it's impossible to know they might hold off until especially if it takes a long time for them to make these deals with the content providers. Which I think is going to be of the longest part of this we're going to have to wait and see when and how those sort of pan out and they're not missing anything until they're good read."

" Is this something we're going to see come holiday season of the anti -- this is like the new holiday gift to give."

" I I don't think we'll see in the holiday season that seems a little bit too early in the focusing very heavily on the the music products they just release the iPhone and Mac sales that kind of stuff so I think those are really where the money is the holidays. But but looking into next year and beyond their certainly trying to expand their their control and expand there there interest in all these different medium."

" What are we going to see this netbook well we're kind of anticipating that this -- this the small computers web based computer from. Apple has receded from a lot of other folks."

" Well I. Apple's made no bones about saying that they they really don't feel like they can produce -- by some 500 dollar his computer that's not crap and that's kind of what they view. So I think they're going to you know they're still seeing how this market shakes out. They have a number of portable products which have been very popular laptop sales were through the roof in the most recent quarter. So I don't think there in any rush and they're making a on a profit on the products that you have so I don't think they necessarily CD impetus to have -- a cut rate you know low margin products like that. But I they are clearly working on on new sorts of things we hear a lot of rumors about tablets and sleep and that kind of stuff so. I wouldn't be surprised to see something like that from them and the leaders."

" I think and we appreciate it good stuff is always a delicate on the road thanks Dan. Dan -- and from mom -- associated -- up to date on Apple -- but it's coming but it it with Apple stuff is expensive now I know it is especially in -- and it."

" Yeah I don't get that I don't get back as you know back a couple of years you -- the ground by."

" All over again this recession resilient it really users still lines. Outside of eighteen T I -- I drive phones activated outside the Apple stores and --"

" I find an iPod if that doesn't break the bank but it took 23 grade and for a laptop that you can get and just enough books. Overjoyed about the."

" But they're still it did they have a small market share but there inching their way higher that's lightly on windows seven. The PC that might be called PC juggernaut that is the equipment the software everything hoping that we know seven counts they've now."

" My whole world domination theory is that when you haven't a laptop an Apple you know -- Something comes out and it brainwashing you instantly leaving you could only own these products to the rest of your life and in -- upside -- this with you I think you'll know for sure. -- is coming -- accident."

" A -- come -- being raised fan. -- Toyota announced -- talk so much cars over the last -- days Toyota announced that they are going to exit the the woman one business they've been in now for eight years and it had yet to win a race. So they say you know what we don't want it it's going to be keen to see whether they decides that exit. NASCAR as well we'll talk about there's a lot of money going into that right now -- talking NASCAR about changing the way the cars look over the next couple years to more. Truly matched the vehicles you can buy but off the children so but but lately it's basically up Honda got out. I'm very recently out of Formula One. And some analysts think that might cost them as much as 225 million dollars the first year they were out because. The team that took over one manufactures championship and Jenson button and you love that game. He won the individual championship so it cost -- a lot of -- a huge global sport not repeat here in the states so Clinton bracing for the ones you listed on the -- some PRI PR money you're talking about. Brandon ran closure you know we -- about branding exactly that that it was so -- car and not on that won the championship and was seen by millions so what's going on rationale for why they don't have the money right now and you hear that they want to high spenders in Formula One and they haven't once and don't feel like getting the bang for the box and again now. And you -- was still concentrating in. The you closed -- NASCAR racing here in this country but is it casualties and these car manufactures are spending less money. On the sponsorship because they just costs so much money I tell about."

" People still go to NASCAR odds one they do fuel that's that is still jam packed."

" And you see -- of time pocono raceway not very far from where you live. Short little drive on -- Sunday morning and I get out there and drag racing and watchers not to go draw you can drive the car again heels don't work in zero gravity and they don't work when you're driving a stock salary."

" Think its class act up -- I'd act."

" I would think would break the immortal comes there."

" Welcome back markets couple 116 points on the Dow Jones Industrial Average right now we seem to have found a little bit of a plateau here. You need days so we'll see how that goes about the miss the show got about ten minutes left Jeff Flock joins us right now in Auburn Hills and Jeff interestingly enough place right. I'm not Fox Business channel on the spot is network earlier look look have a strong did you. You have a Sergio mark yeah I mean yeah."

" We almost had him again here just one until watching what you see here is the stream of people these the F folks that are attending this meeting some of the analysts some of journalists. Other members of the Chrysler management team. And you know -- a way that's what happens when you don't ever talk that's what. But everybody wants to hear what you have to say and he loves. He was somewhat still stinks CN although. He did address the meeting. At the very beginning -- just looked at through this crowd -- spot continues to. Scanned the crowd looking to see if either the the chairman of the board Bob Kidder or some the other. Board members are. Visible but I don't see as we poke around here I was -- to be on the web because we can do this -- there were some words of I swear status."

" Yeah. Pat and I want you look just let me ask you. Are we expecting my statement to talk to an end is analysts yesterday he's you know I don't expect anything new to come on this conversation."

" Well here's what's new already. Curiously enough -- a lot of people have been concerned about Chrysler burning through some of the government money that it received. It mister Markey only after telling a joke which I'll relate to -- to and in a moment but. Said that when they started operations and about four billion dollars cash on hand and says currently at the end of September they had five point seven billion on hand so that's. A piece of news that they've got some positive cash flow. And he he said this is a quote -- We -- Chrysler have been incredibly cheap. And if you know anything about our security does wanted to joke around a bit but it's very plain spoken. -- we walk outside your -- tell you one more thing. That's where the people are smoking apparently right there. This is something you don't typically get to see this as the Chrysler corporate. The campus it is the largest. Essentially office building. Outside the Pentagon in the US and outside your may -- you see let's start to rain a little bit the Chrysler product lineup I want to show you one other thing. And I'll give you that joked that he told the beginning. A marquee when he said that he got up at the beginning of the meeting said that the -- you quoted Al Gore with this one so don't expect too much but he said. I feel a bit like -- reports fifth husband. I know what I'm supposed to do like just on all I can make it interesting."

" Standing love that word that's that -- this is just beyond it 500 yeah expected to announce that some of these. Brands miles are going to don't -- eight."

" I think years and it back this one probably is going to go away this is the Chrysler PT cruiser which -- I we understood that that they were going to kill any sort of brought it back I think they're actually going to kill it dead. What they're also going to do -- they're going to revamp some of the things the band they're going to re fraction of their three. We have gotten -- three vehicles are going to refresh called -- the Dodge Avenger. The journey and the act caravan are all going to be refreshed they're going to come out with a new. What they call CUB a compact utility vehicle. And you see segment that is -- compact segment compact car a new hatch back at a new. Midsize sedan. And some of these will be in concert with Fiat is wide speculation this 500 here. Which is so successful worldwide might be something that they would introduce into the US but it does seem instead of just bring -- FBI over what they're going to do was try to male old. And come up with something that -- have a velvet Fiat and."

" Chrysler say yeah. A difference to them I don't look at that PT cruiser an acting roles like basketball so I wouldn't go anywhere near that that probably smart to get rid of that. And I don't share in any -- you you don't write down all that march Johnny jokes for today because I'm sure there's going to be more than you can say on air and then you got."

" I know I. I hope we just what would we had among the business network that he was speaking Italian so god knows what he was -- but I asked Libby would speak English for a moment as he did and of course I think he speaks about order -- life."

" And so that's me dad dad yeah. To have man they is some nights it zip lock up -- I I I know people that have Chrysler's and they if god forbid they break down they cannot get parts. Suppliers and anyone who -- it's very tough right now. I looked -- out to have Richard. Peterson director at credit markets analyst -- S&P speaking of the top. Richard. Where do we stand right now as far as you know at. I mean basically big picture and seems to me things are we -- people here data tells -- looks rosy I'm not seen it some months. Well I think we're going to talk a little bit about. And the relationship between the World Series. Well and you have but at I was hoping big picture before we got this board but okay applying a -- I -- I'm fine fine fine you run out. Right Richard hate that I."

" People -- for the Yankees or the Phillies are doing here in New York Mets fans don't like either one. But hey this is more than just whether you like the Phillies -- the Yankees brand this is about dollars and cents. For the next year because of one team wins historically it's been a little attached to somebody's."

" Right that's definitely right fact that what happened yet -- our numbers crunchers like capital IQ. But the numbers going back since 1936. Showing how the the as repeated in the following year after serving result the series and what it shows that from 36. In the twenty times at yankees have won. In the following year the average. Total return -- 500 and a -- 10%. In contrast in the three times that the F Phillies have one the World Series. I think for the fifth time that won the World Series that -- return appointment 6%. In the following year."

" I've read through all you're stacked in personable. What it would -- that's another great job to have you omnimedia analyst at beer down how big local elites of the market I don't know about that's I I. About that I missed I -- went on the wrong career path somewhere -- let me ask you this do you actually think people should be policing market bets. They found this kind of stuff."

" Well I mean business. A little bit of contributors a lot of I'll be a good will go round for the National League the American League if you're. A Yankee. Hater you take self in the fact that the left -- yankees won. In 19992008. The following year the average lot with 10%. But then if you're big got opponent of that Red Sox -- fact that they have a single. Worst performers following get when you in 2000. In seven when the market dropped 37% -- into doubt."

" that's actually I thought that was pretty funny because most people like they didn't vehemently against the Red Sox if you're yankees and -- the advice for civilian. This I thought the most interesting part about your study which was. At fox sports obviously they want seven days -- the -- the longer this thing goes the more money in their pocket more entry in the series so. They would like filly to win tonight and have a clueless and indecisive -- the big numbers that's not necessarily true though if you're in the market."

" Yeah unfortunately that you are the best performance is with a five game series at Garrett -- about 70%. In the following year if you go to a seven game series at the Phillies win tonight we go to a seven game tomorrow Garrick turn on your head is 8% dull via the worst performance before gains week. When -- turned the -- here about 7%. So we want this thing to be over tonight 15% tonight if not we're going to lose it's an all down 8% if it goes to set."

" Games -- yeah."

" Glad that these stats or even compiled accidentally I think Richard you've written great gig out there and I mentioned that he didn't -- basketball as well."

" Oh -- I think yeah. At a football season basketball season cricket season -- yeah."

" My -- kinda got in the penalty box must have something to do with the way the market rigid on the."

" But a market."

" Predictor is is that influencing UR decision SW rooting for do you have one senior rooting for regardless of history it was the Wall Street. Well -- you that you forgot the the best performance thought on individual here that occurred off following the 53. Victory of the Yankees over the Brooklyn Dodgers went at 54 the S&P fell short term with over 52%. Thought it began with a number of observations. -- the thought favorable for the Yankees but he had some Richard used to collars and that's true colors -- green."

" Okay do then yeah. -- Thanks red bank. Thanks good stuff in other I think you're equating a director credit markets and risk for S&P I see your point is a great one out there and drag this out gonna go send me legacy of ratings to fly out in long. That's seventh game on that the chance of the Yankees soaking in a way off. They love that Yankee haters who died for it to -- that. -- you know."