Emergency rate cut? Uh, never mind.

On the second hour of today's show, Chuck and Mike talk about the Fed and react to Wharton School Professor Jeremy Siegel backing off his earlier statement that an emergency rate cut is needed. Plus, the guys address more debate circulating as to if the Fed should remain independent. More on the Google antitrust case loss and how it will impact Apple. And Paul LaMonica of Barron's talks Kellonova.