blackstone, trading well today. stay with it, folks. >> that's a wrap. "power lunch" begins right now. >> halftime is over. "power lunch" and the second half of the trading day starts right now. >> indeed it does. see that clock? the clock on your screen is counting down to midnight tonight. here's why. all those wall street forms involved in the facebook underwriting, 33 of them get to publish all their analyst research on the company when that clock hits zero. that is likely to have an impact on the stock itself. take a look at facebook stock. it's up 3.5% today. since its fateful ipo on may 18th, the stock is 14% lower than the offering price of $38 a

share. live to run us through, what everyone should expect. hi. >> hi, sue. you're right. 33 banks will be able to publish their research. the interesting thing is not all of them actually have an internet research analyst, as you note. is the six weeks after the controversial moves during the ipo road show when facebook, remember, in may, when it released its revised s 1 noting weakness in mobile a lot of banks revised their estimating downward and then shared that information with investors. then communicating those moves, that was the issue. it was meant to stay private until now. that did stir regulators. the big question now is with the stock rebounding off its post ipo lows, will analysts hold that negative line? based on performance of facebook shares today, it looks like they are getting a bit of so-called ratings rally, where a lot of stock moves on positive expectations for that research. we asked michael pacter from

web-based research what would happen and he said he thinks there will be a universal liking tomorrow when the research comes out. he has rated the stock a buy since before it started trading. web bush is not an underwriter and we'll see what happens when it comes out of the-gate tomorrow. >> tyler mathesin, my partner, on the floor of the cnbc. it's a busy day. >> it is. not up that much. s&p higher by about 5 and dow up about 23 points at 12,526. some of the news this morning on housing a little better than expected. the kay schiller numbers showing a less dramatic decline overall on house prices than anticipated by some. the mid-atlantic manufacturing numbers not so hot and numbers on confidence not actually

blockbuster and bold at all. and, of course, you know, you have the issues in europe still brewing and we await that summit meeting that kicks off on thursday. let's go back to headquarters for a market flash with sema. >> chemical makers hp fuller, one of the best performing stocks on the new york stock exchange raised its full year profit forecast citing cost savings from a recently acquires business. the company expects to hurricae0 to $2.15 a share. that's hp fuller trading today. back to you, tyler. >> uncertainty in washington is one of the big things holding back questions. one of the big questions gets answered thursday when the highest court in the rule will rule on health care reform, so-called obama-care. john harwood is at the white house with a brand new nbc news poll.

he will be joining us shortly from the white house north lawn with that news of the nbc poll. let's go out now to julia boorstin with more news that directly and indirectly affects facebook. it is an expected announcement within the hour or so on zynga. what it says could have an impact on facebook. it's already moving, the shares are, ahead of that announcement. julia boorstin joins us live from san francisco. >> that's right. i'm here at zynga's headquarters. in just a half hour, they will start an event called "unleash" and they will unleash the strategy for the nedays of its growth. with it down after the ipo, investors want assurance they can keep zynga's attention with new hits and how to diversify away from facebook and get more

of its gamers to pay to play. right now, all of zynga's transaction revenue comes from less than 5% of its gamers. we can expect noumts in three areas. new social game, new mobile apps as it makes for a push under its hadn't company and then investors listening for news on the platform, for all things ga gaming zynga.com and to expand indian reliance on facebook. and we will hear how zynga expects to generate revenue from advertising, a new source of significant revenue in the future. i'll be back with news of the event that starts in less than a half hour and we'll be joined by the ceo, mark pincus. after it wraps up. >> i will take it here, julia. jeff kilberg is here from kilberg capital.

if you wanted to play social media group, how would you do it? a big fan of facebook. it's been down since the ipo but come back today. what would you do in this space? >> i still like facebook. real interesting to see after this 40 day quiet period, kind of biblical, right? we will see how it comes out. morgan stanley is the paramilitary issue. we will see what they have to say and take in jpmorgan and goldman sachs. right now, it feels like it will gravitate back to a $38 initial ipo, sue. >> see you in a few minutes. the market in terms of equities, treading water. a bond auction today, two years up for auction. rick santelli is in chicago to tell us how they fared. hi, ricky. hi, sue. $35 billion two year notes were just auctioned off, the yield 1.3. where was the wi? exactly bid at .313 offer, a whisker under .31. it priced very tight.

it starts to deteriorate from there. the 10 auction average by toed cover 3.7. this was 3.62, weakest since february. indirect was three percentage points by the auction average. directs super light versus the auction average of 12%. on direct bids, even though a couple actions ago you had 7.8, you have to go to february of 2011 to find a lower direct than basically the last two. we end up with this auction, 60% of it in the hands of dealers. this gets a c plus. not a great way to start $99 billion of supply. back to you. >> rick, thank you very much. as we mentioned a moment ago, thursday is now the go-to day with respect to the supreme court decision on the health care reform law, so-called obama-care. john har won woohn harwood join the white house with a brand new nbc news poll. >> reporter: hi. everybody in politics and much

of the country is awaiting the supreme court decision. thursday is decision time. if you look at this new nbc "wall street journal" poll, you can see the mixed bag this health care law represents. 28% of the people want the supreme court or pleased if the supreme court upholds the law. a larger number, 37%, say they'd be happy if the court throws it out. at the real hot button issue, individual mandate, 35% say it would make no defensive, and that it would hurt their family and 55% say makes no difference. it reflects the white base among the republican party and african americans are very important to president obama's re-election and we just got a statement from mitt romney this morning in terms of the stakes of the supreme court decision, if it's thrown out, that means the president has wasted three years on a misbe gotten priority.

if it's not thrown out, it show s they want to get rid of obama-care. there's a plurality of that and the decisions will be overwhelming until the vote in november, tyler. one of many looming uncertainties, the budget so-called fiscal cliff, congress has six months to act on several spending and tax related measures now known as that looming fiscal cliff. it is, as that graphic shows, a cliffhanger, one industry that will move to the front line is the defense industry and the tens of thousands of americans working in the sector could be the first casualties if the cuts now part of law actually take effect. jane wells is live at lockheed martin's plant in palmdale. hi, jane. >> reporter: hi, tyler.

this is one and i saw it take off. one in 10 space jobs in the country is in los angeles county and in one state. >> i don't think it's safe right now to consider anything completely safe. when it comes to sequestration and the devastating impact it's going to have on the force. >> the national association of manufacturers says the half billion of defense cuts already plans plus another half billion of sequestration will kill 1 million american jobs. ship building will see its wildfir work force contract 3% and they're usually in segments to avoid being one big fat target. >> this 40 million man hour ship, it takes a lot of people to go do this. you have to go and go commit the resources, go do what you have

to do. if there's -- you know, if there's a cliff out there in the future that we have to go deal with, we'll have to do that. today, i can't. i can't start -- you know, i don't want to stretch out schedules, i don't want to do things that you might think of doing because the u.s. navy needs this ship. >> reporter: ubs says programs like the osprey and boeing could see a slowdown. but come on, is it really going to come to that? will we see a fiscal cliff and sequestration. ubs thinks so. it reveals less optimism sequestration would be avoided. tyler, in california alone, lockheed martin's payroll is $3.5 billion. that's a lot of taxes the state needs right now. all matter where you will make the cuts. we can't afford it all. >> you bet it is. jane wells reporting. when you go to finance

yahoo!.com today, you will see a cnbc poll. we ask which is the following is the biggest headwind facing the markets right now. the crisis in europe, upcoming fiscal cliff and uncertainty over health care. more than 20,000 of you have voted so far. right now, the crisis in europe is leading the way. 52% to 39% with just 9% fretting over the uncertainty about health care. we'll get another check later in the hour. for now, go vote at finance.yahoo!.co finance.yahoo!.com. >> it is anything but sunny these days. tropical storm debby is finally weakening after flooding parts of mississippi, alabama and florida and then it heads to georgia and headed north. some parts of georgia have been hit with 26 inches of rain. debby has also spawned tornadoes and threats of more. power lines knocked out and crews working to restore power

there. take a look at this. that is not a cloud. that is smoke from one of the massive wildfires a few miles from denver. one of nbc's photographers took this shot before landing in denver to cover those fires. some 6,000 people have now been forced to flee their homes. another fire south of denver is about 10 miles from the air force academy. high winds and very dry weather. two of the fire service's worst enemies right now in colorado. thank you very much. next up, rupert murdoch's next move. is news corp. about to be broken into two parts? john carney has some thoughts and we had him write a letter to mr. murdoch. five big movers including news corp. you see it up a big 6.5%. mcdonald's up a half percent.

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welcome back to welcome back to "power lunch." i'm here at the market flash cam. look at a digital market services company down grading the stock from neutral to overweight and cutting estimates for this year and next seeing this year's value clip getting impacted from higher prices at the exchange sold in advertising space. >> thank you very much.

news corp. confirming it is considering splitting in two. the other story everyone is talking about, especially if you're in the news business. shares of the company on the rise today, up about 6% so far today and the past year, up by almost 28%. kayla has more. >> not a new idea to the market. the company looked at the possibility for years and investors began pushing harder after the phone scandal started to exacerbate the strategic rationale from doing a deal like this and sources say it will happen this week if it happens in the near term since next week holds a lot of pain fful anniversaries in the phone hacking scandal itself. and there is a meeting in idaho. the entertainment unit will have more than doubled the revenue of the publishing site and worry about creating one massive cable giant and smaller weaker sibling. barclay says they believe

publishing represents only 7% of news corp.'s enterprise value. some questions remain. what non-financial risks are still there? newspapers still under the magnifying glass, thin margins and high litigation risks. also, can they win over investors? who will invest in that. on then at the same time side, british broadcaster bskyb where they're in the process of deciding whether news corp. is fit and proper to own the minority stake it does. that could be in limbo. what will the executive game of musical chairs look like? the ceo is lauded by investors and rupert murdoch alike and carey has launched a lot of speeches about it this year and rupert murdoch wasn't sold on the idea. and rupert murdoch houses the newspapers but with sky, where will he end up and will he stay? >> fascinating.

news corp. is an s&p traded stock. if you own mutual funds like an index fund, you probably own a little bit of the company. john carney owns mutual funds so he wrote mr. murdoch a dear rupert letter. >> that's right. i decided as shareholder, i wanted to give rupert murdoch advice what he should do to fix the company. i can't read the whole thing but i will read a little bit of it. dear rupert. my name is john. we met a few years ago, when my friend, steve dunleavy was retiring from the "new york post." i didn't get invited to the party but managed to get in while the door keepers were distracted. i have a few suggestions how to fix our company. firstoff, let's be even more fair and balanced. when fox news came onto the scene it pierced through the veil of bias that blanketed most of television news. in other words, it was ah. you thumb your nose at all the

right people and i think you need to keep thumbing your nose. many of the anchors and producers of broadcasting news programs existed within a happy consensus that had high aspirations for what america could become but a leo pin of what america actually was. secondly, hey, remember that show with donald sutherland's kid? there was a time when fox was the dominant provider of drama on television. everyone watched "24." what happened? has it really become impossible for fox to compete in drama? why surrender this ground to amc, show-time, hbo? lastly, if you do split up, remember bart simpson, there was an episode of the simpsons when bart was in sunday school. he asked about salvation. he said, what if you're a really really good person but you get into a really really bad fight and your leg gets gangrene and has to be amputated, will it be waiting for you in heaven. rupert, whatever you cut off now, you might not see in this

world again. remember, if you're not sure it's gangrene, maybe leave it attached. >> john, apart from your clearly sentimental attachment to your company which you call it, do you think this makes sense from investment or corporate management or a stockholder point of view? >> i'll tell you, media is coming together. in a few years, we're all going to be watching broadcast on the same devices we read all our print media. i'm not sure now is the time you want to separate into two companies when the technology is driving things together. i don't think is the really the best idea. it may be a panic move in reaction to the scandal we've been seeing lately. >> kayla, does news corp. have earnings coming out any time soon? >> they do, tyler. this week marks the end of their fiscal year. it ends june 30th and get results the end of july or beginning of august. not clear when that date will be. it's coming up soon. we're hoping to get an interview

with him if not in the near term or sun valley, idaho where i will be, where the infamous scandal broke out last year. we hope to understand where this is coming from. you have to argue from a multiple standpoint, if you're investing in the company right now, it makes sense. i agree with john, it will all come together eventually but are you a long term investor or here and now. >> and in sun valley, that famous picture of you running him down a year ago. keep writing those letters baby. up next, we will recognize the analysts, jpmorgan, autozone and dow chemical are on our radar. auto zone, we'll look at those. should they be on your list as well? [ male announcer ] introducing a powerful weapon in your fight against bugs. ortho home defense max. with a new continuous spray wand. and a fast acting formula. so you can kill bugs inside, and keep bugs out. guaranteed. ortho home defense max.

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♪ its road gripping performance makes it a cadillac. introducing the all-new cadillac xts. available with advanced haldex all-wheel drive. [ engine revving ] it's bringing the future forward. welcome welcome back to "power." time to analyze this. breaking down the biggest calls of the day. you ready? >> ready. >> let's start out with jpmorgan add i adding to the conviction buy list. we believe jamie dimon took a first step removing some uncenter and worst case scenario prized into these shares. goldman adding jpmorgan's trading loss was an isolated incident, the stock down 12% since the story broke. >> jpmorgan, they finally harpooned the whale.

in that case, okay to do that because they put it aside. jamie dimon came out with stress test release and the way he handled himself on capitol hill. i like him. if you're looking for something clean with no hair on that dog, blackrock, they execute well and can talk to people well. >> that's an added punch. to deutche bank. auto zone saying economic concerns should weigh against new car sales and gasoline prices falling both favorable for auto zone's comparable same-store sales. the stock is up today. what do you think? >> i like autozone. in this economic uncertainty, people continue to fix their cars. on top of that, there's new homes -- the new car sales will lag. au autozone as they have the margins properly set, they will grow. killer kicker for you, sue, is fading ford.

i think ford will get hurt as the new sales languish through the elections? >> you'd short ford? >> that's a nice kicker. autozone, hop on top and short ford an down grading dow chemical to neutral calling the company the most expensive of the north american chemical companies, she tried to say, at this juncture. do you agree with them? >> i do. dow chemical is one of the largest suppliers to these large manufacturers. we will see it come down a little bit. dow chemical is great at $30.52. i think you can plate off the $30.52. >> thank you. metals market about to close. yesterday was a wild session. we will hit the nymex after the break and see if there's been a break in the gold market today. ♪

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we're at markets right now. gold prices just finishing up. sharoner son is finishing the action at nymex. >> gold prices at 14 bucks or so giving up most of yesterday's gains closing around the 15.75

level. it seems the path of least resistance is really lower for gold prices. it has been tracking a little bit of decline we have seen in the euro, the dollar is unchanged and prices are lower. those forces are weighing on go gold. we have the july options expiration that occurred today. the strike price with the most open interest was 1600. we didn't see prices gravitate towards that level and that may have ex-sass waacerbated the se a downward pressure. and we are looking at silver continuing lower and it outpaced declines in gold in this session and for the last month in terms of prices. in terms of etp holding or exchange traded product, those holdings in the silver market are the strongest we have seen since september. that lets you know it is not retail investors or people who hold etfs that are liquidating

their positions. >> >> welcome, kenny. good to see you. >> i'm sick of talking about europe. snowy we have to. let's talk about two things looming. one, the end of the quarter and possible window dressing. how do you play that? sn>> i suspect a push higher b the end of the month. portfolio managers want to dress it up and look the best it can when statements go out. don't be surprised if you see this push higher. >> you want to fade that rally? want to sell it? >> i do. for me, i think it will be weaker into the summer and the position we have to take. as a long term investor, i think you have to pick your spots in the weakness. >> we have started to see earnings warnings last week. the one that sticks out to me

was procter & gamble. we will start getting earnings next week or week after. >> we had 50 or 55 pre-announcements all below the announcements, they kill the stock ahead of it, next week, two weeks from now they announce their numbers, any numbers are revised lower and they beat that new number and everyone says look how great it is. i think investors are warming up to that and say this is the game that's played and not get so sucked into it yet because the total environment is still very negative. >> thursday is a big health care day in this country but what interests me a hell of a lot more, your morning note you include a recipe. >> fresh fava beans and p pancieto. finance can be unnerving and food comforting so i combine the two everyday. and today, i gift you risotto. >> and i am a subscriber. >> and who likes it, on the

trading floor. >> i don't know about that. but to stay way from europe, i can't do it entirely. we had a lot of negative headwinds of europe, whether potential down grade of spain, reported merkel comments over the dead body in cyprus known as collateral. and we pulled back a tiny beat. just referencing thursday, a quote is it will be an atomic bomb. metaphorically speaking. look what we have on thursday. the beginning of e uru summit, health care decision, gdp job ratings and whether we trade or not, that's a lot to digest. if you look internally, most sectors are up to the upside. discretionary is the best in s&p, if we look at that chart, followed by energy and financials. industrials are the lag gert,

the only certificate in negative territory. there was a blog spot th that -- basically caution for spending in back to school. and coach and ralph lauren the lag gerts and tjx outperforming fossil, that's tough to see where it's been. we're up 11 points. a pretty rang bound day but i don't know what will lead the markets as we go on. >> lots to think about going to thursday. there's one key level you need to watch. jeff, what is it? sn>> . >> he did just speak to all the stuff we have to chew on later in the week. the key level i have to report on cnbc halftime report is the 1.67% in then 10 euro,-year, ki level. we went down to it last year and

touched and kiss and came back up. in march, we flew up to 337 and came and touched it, violated and came back to 1.2. traders can use the 1.6 as a key pivot. you should see the treasury fly and fall back to the 1.2% range. right now, we're hunkered down underneath 1.67. >> thanks a lot. let's go to nasdaq meantime. jackie deangelis is there. >> hi, tyler, things are rebounding after yesterday's sell-off. i want to start with the apollo group leader on the nasdaq. after reporting its first quarter fiscal profit dropped 30%, the stock is still up more than 9% because the number was better than analysts expected. still getting a price kindergarten kindergarten -- price target at credit suisse, probably seeing short-covering in this name. i want to talk about sea-gate,

as of friday after the close, it will be added to the s&p 500500, getting a 4% pop there and and chemicals, still interested in acquiring this, sitting on a lot of cash and looking to refresh their pipeline as some drugs come off patent. falling crude prices will hurt second quarter results. you would think normally falling crude prices would be good for an airline. this story has a little bit of a twist to it. >> that's right, sue. at times falling prices can be very good. not when the plunge is so quick and unexpected. airplanes are shaving quarters or 50 cents off the expected prices for 2012. along with that elaborating hedges they put on the back half of this year when they were expecting crude oil to remain high. in delta's case this leads to a hedge loss of $55 million and

one time charge of $100 million to take the pain now for what may happen the rest of the year. they're busy taking down a number of trades they put on when they were expecting wti prices to cost more than 125, fuel prices per gallon, given now they're looks at $2.85 by the end of the year. united and southwest could be looking at similar issues. the world's largest continental airline may put out prices as early as tomorrow. as of march, it hedged about a third of expected consumption through callers on energy prices, a move that may well be costing them a bundle now. with crude down 27% since the high in february. southwest may be the best situated of the bunch for reasons to its disadvantaged in the first quarter. it was mostly unhedged the first half of this year, created a modest loss but may have put it in the clear later this month.

that said, they're probably take their back hedges back or pairing them back to reflect prices on jed fuel and crude as we speak. >> i'm sure they are. meantime, the latest s&p schiller report showing home prices rose in almost all the major cities in marriage. cnbc's reporter, diana oleic with a breakdown of those numbers. a little bit of good news. >> a lot of good news. this is a very solid report. here i come with caveats. remember, this report is going back to april and a three month running average. you're really seeing what happened to home prices in february, march and april. the spring season is when home prices historically rise. >> some is probably because this is the spring selling season really hitting its stride but certainly not all of it. my companies is at least half of what we're seeing are real gains, not your seasonal shifts. >> we'll take half. 19 of 20 cities saw month to month gains and no city made a new low.

year-over-year, more precise, we're still down, way down in atlanta but down less and less each month and that's a very good sign. when you do seasonally adjust the month of to month move, the numbers aren't quite as strong but better. the next question, will this trend continue? analysts say strong upward momentum in-house prices may not be sustained much longer as banks ramp foreclosures but the end of 2012 should mark the end of the downturn. it is tempting but premature to call a price bottom. foreclosures, they're expecting a zigzag until 2013. a lot more of this on the blog at realtiycheck.cnbc.com. >> thank you very much. down to d.c., eamon javers joins us with breaking news. >> hi. cnbc has confirmed that the federal government is in the middle of a massive global crackdown right now on cybe

cyber-hackers, making arrest, we are told in multiple countries on multiple continents. this involved a multiyear investigate into cyber-hacking and those cyber-thieves apparently obtained credit card information and banking information from the alleged victims in this case. i just got off the phone with a person familiar with this ongoing situation right now. i asked which banks were involved in this situation. i was told, pick your favorite ones. the person also said today's effort is totally unprecedented and huge. i'm informed there will be dozens of arrests and mostly completed. this is going on right now in numerous kris and numerous continents. to recap a massive crackdown on cyber-thieves. tyler will let you know as we have it. it's unfolding now as we speak. >> very interesting. when we return on "power lunch," how the 1%ers plan to

vote in this year's election and we will find out why taxes are the last thing affecting their decisions. first, let's take a look how the markets are faring right now. you see the industrials up 22 points, s&p up 5, and nasdaq higher by 12. [ male announcer ] this is the at&t network. in here, every powerful collaboration is backed by an equally powerful and secure cloud. that cloud is in the network,

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technology that doesn't just drive us, but drives progress. ♪ and driving progress is what we do every day. ♪ ♪ welcome back welcome back to "power lunch." i'm at the flashhh desk. look at harley davidson shares one of the biggest decliners cutting its gross margin and eps estimates on shares of harley davidson saying dealer inventory will likely fall further at the end of next year. it has market cap at $10.6 billion, the stock trading lower by 3.5%. >> thank you. coming up on "street signs," we attack the possible news corp. split.

the firm has over a billion bucks into the media's stock and don yacht man gets into this and whether he likes it for shareholders. we're looking at small caps jumping in june. get this, we have saints quarterback, drew brees, on the show about his contract, boun bounty-gate and the big problems of concussions in the nfl. back to sue. >> i am so jealous. we will see you at 2:00. thanks. pack back to politics, only 132 days until the election. here with a new survey how the top 1% plan to vote. it's surprising. >> it is. we tend to forget in 2008 obama had a lot of support from the wealthy. he won a majority of votes from people making $200,000 or more and won eight of the 10 wealthiest counties. this time around might be a little different.

a new survey from the spectrum group shows 60% of millionaires are likely to vote for mitt romney, even among voters slightly less wealthy, romney is the winner. there is a slight gender gap here. affluent women are more likely to back obama, but on the whole affluent and wealthy voters are leaning towards romney. this may not be a huge surprise especially because romney is a millionaire. what is surprising is how the wealthy rank their issues. if we take a look at this chart, what's important to the wealthy in november, 45% cited the economy is the most important issue. second was national debt, third is national security. unemployment ranked up there, too, and taxes, well, they ranked dead last. the debate over taxing the rich gets a lot of attention but the polls suggest it's just not important for the wealthy themselves. to them, november is all about the economy. and in their view, romney is the best candidate to fix it. >> i am surprised that taxes

ranked so low, because it gets so much chatter out there. >> exactly. we tend to think with the wealthy, they're a one issue voting block. really, its a last on their list. the big issue is getting this economy growing again. >> i think they have a lot of company in that without the 1%. thanks. good to see you. as robert mentioned the jobs and economy are issues driving this election even for the super wealthy. to get the pulse of the hiring landscape, we went to the largest conference of hiring managers, the society of human resource management conference to see what those managers are seein seeing. >> we're seeing hiring an infrastructure functions bui building businesses, there's demand for people with those types of skillsets. audit, compliance, software development. it, you know, it is a strong competitive advantage. having the right it people that have that business acumen, that know how to apply that coding background and that experience.

what i'm seeing in the hiring market now, and what i'm seeing a lot of organizations prepare for is really kind of differe differentia differentiating themselves as employers. while there's a perception of an organization to say we're really good at this and we do this, now, it's about, what's it really like when you work in there? >> coming up on "power lunch," facebook ceo, sheryl sandberg finally added to the company's board of directors. is this a well-deserved promotion or a desperate attempt to keep her at the company. shares of the social network down 10% since its ipo last month, actually closer to 13%. today, a little bounce, up 3%. we're back in a minute. i don't spend money on gasoline. i don't have to use gas. i am probably going to the gas station about once a month. drive around town all the time doing errands and never ever have to fill up gas in the city. i very rarely put gas in my chevy volt.

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it is time for today's power rundown. . first, let's talk about facebook appointing its second in command, sheryl sandberg as its first female board member. gentlemen, was this a well deserved motion or a desperate

move to keep her at the company. her name is tossed about at ceo jobs everywhere, it seems. >> kudos to her. she's been doing all the heavy lifting there. nice to see her crack the boy's club on the board they really need her. maybe it is a little bit of olive branch to keep her on the board but her leadership is needed for sure? >> it's a ticky-tacky move to satisfy critics there are no women on the board. she's the number one person in the company for what she does. she's practically already on the board already. but why not get someone out of the box like an ursula burns at xerox, get a woman outside facebook and then i'll be satisfied. >> there are concerns about that board being too much in zuckerberg's pocket and she came over from google two years ago. they say she's one of the adults at the executive meetings there. more on the ipo launchpad,

does it make sense to go public anymore? not a question of if but when to pull the trigger. let's take a listen. >> being a public company is a natural milestone in becoming a very large and important company in the global economy. you have to you ultimately have to go public. the real question for entrepreneurs is when. >> brian, would you go public if you owned a company or keep it private? >> i would only go public if i absolutely had to. you go for two reasons, need to raise capital or too many investors like facebook. they didn't want to go public. you can cash out and keep the control. you can see the problems facebook had because they had to go public. if you can cash out and raise capital, why go public if you don't have to. >> what about you, killer? >> me, like being on a beach without sunscreen, scary. stay away from it and call the

blackstones the apollo. no one wants to go on an ipo post facebook. >> with his post playing career, i think he'd be scary. >> and an official playoff system for college football. will the orange, sugar, fiesta and rose bowl become one super bowl game or will be cs be shot down. killer, you played ball at notre dame. are you happy about this? >> from a former player privilege, my freshman year and bringing up notre dame losing to boston college, my freshman year, we beat florida state on the field. however, they gave florida state the national championship. am i salty about that? absolutely. from a purist privilege, we will have the decision decided on the field versus a voting system. i'm happy there. on the flip side, it's all about money here. $500 million and it's kind of tainting the game from the pu

purest privilege. i don't know. i haven't we'd in on how i feel, tie. >> glenn foley took it to you pretty good. we will not get into that. >> sucker punch. >> everybody wants a playoff, no doubt. delaying the season by another week will be brutal and fifth or 16 that will have an argument. a step in the right direction. get rid of the conference championship games, like an nfl season now but still -- >> answer this. there will be a little wiggle room here. four game playoff. 18 playoff in a couple years, next thing you know will it be 64 game playoff like ncaa hoops? a slippery slope. >> i'm actually right here and he's right there. i'm right here. we're right next to each other. that's the art of television, man. >> you know, i send you down there for one day, tie, one day. >> i'm feeling up the co-anchors. >> you run amuck. what am i going to do? we have to get kenny to keep you guys in order.

coming up, why europe may be a dead-end for gm and ford. coming up, new orleans quarterback drew brees live on his crack, the bounty gate controversy and concussions in the nfl. ♪ [ male announcer ] aggressive styling. a more fuel-efficient turbocharged engine.

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in just the last hour, the dow has turned positive. they're holding on to the modest gains for the s&p and the same for the nasdaq composite. a mixed bag of economic news. i guess the home numbers were actually quite nice but some other numbers maybe not so nice. we await health care and europe on thursday. >> listen, get your beauty sleep. thursday will be a very interesting day for all these markets. jeff, you're looking at corn. they've had big weather problems in the northwest and corn growing regions. you still like it? >> i do. all about the drought. the inside scoop, corn is continuing to rise, investors waiting at $7 there. i want to let the folks