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FBN’s Adam Shapiro on the potential impact of the fiscal cliff on the markets.
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I'm Adam severely -- -- business brief Wall Street rounded out today panacea and and despite spending most of this session in positive territory -- three major averages down for the week.
How bad could going over the -- -- before investors -- 20% drop in markets.
That's according to a worst case scenario by analysts at Citi research.
With congress getting ready leave town until after the elections and no visible progress on the fiscal clips.
The worst case scenario could become reality.
Universal Music Group has -- European and US approval for its one point nine billion dollar purchase of EMI's recorded music unit.
EU regulators are requiring Vivendi owned universal so labels for about a third FE MI's revenue.
The US Federal Trade Commission approved the transaction without conditions and that's the latest on the Fox Business Network giving you the power to prosper.
