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-- good morning everyone we -- this -- a -- on the markets for you this morning after all the selling we saw late in the session yesterday the US stock index futures looking much better this morning.
Up 54 -- -- features after the Dow Industrials lost a 112 points in the last session.
Let's check -- -- European markets right now and not so hot there following are selling with more downward pressure their European debt woes continued undermined confidence over in Europe.
Among the other top stories we're following for you this morning the billionaire investor Warren Buffett set to testify today.
In front of the Financial Crisis Inquiry Commission talking about the ratings companies it's a topic that he discussed that a year ago with -- this climate.
We don't use ratings ourselves in making judgments on bonds we've ought to bonds in the last six months but.
The ratings are unimportant to us wait we do our own analysis.
The general public.
Relied -- I I don't say it was an appropriate for them doing I mean there I should say it relied on an appropriate ratings.
Add and that -- -- and and that a case -- ratings companies criticized for giving unrealistically high ratings to investments backed by risky mortgages and other assets now mr.
Buffett will be talking to us.
Special interview with Liz -- 11 o'clock eastern time.
Today on Fox Business.
The prime minister of Japan is resigning after just eight months on the job Yukio Hatoyama stepping down amid pressure from his own party.
Ahead of July's elections -- approval rating falling after he broke a campaign promise to move a US marine base off of Okinawa.
He's the fourth Japanese prime minister resigned to resign in the last four years.
And the deal is off prudential will not be buying AIG's Asian insurance unit.
UK company agreed to pay 35 point three billion dollars but shareholders thought that was too much money.
AIG refuses to accept a lower offer -- now prudential -- -- a break up fee.
Two and thirty million.
AIG's CEO Robert -- -- says the company does have other options.
For the unit.
-- let's take a look at the markets once again here's commodities for you were down 29 cents in the price of crude oil at nymex after hours trading still above 72 dollars gold is a.
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