today it might be social media more, but in the '70s, it was rock and roll. and david bowie was there, and elo spoke to living and dancing. you want to get up and you want to dance. by the time the end comes, which is this great elo tune at the end, it's very uplifting. she wants them to have it all, so she combines it all. >> hunky dory official rell leased -- officially released in the u.k. they are hoping it gets picked up in the u.s. just a little heads up here. we're going to be speaking with a mother who is joining me a little later this hour. she has not seen her son in eight years. eight years. he was kidnapped as a baby by his godmother, and today that godmother is in custody. i'll be speaking with the mother waiting to beie reunited with

lost son. the last time she saw him, he was eight months old. first, a couple stories we're watching for you. new word of terror plots involving iran and western targets. also, president obama talking about the future of war at the white house. and as always, we're watching the dow. secretary leon panetta arrives in afghanistan today. time to play reporter roulette. i want to begin with jill dougher dougherty, the foreign affairs correspondent. >> 22 people arrested, and they say it was a plot, an iranian plot. these guys being trained to carry out terrorist acts against western and israeli sites, things like embassies and other

organizations in bacou, which is the capital of rijan. they say it was aspiring back in the day of 1999 and that people were allegedly given weapons, training, money, et cetera, to carry out these attacks. and that the person who arranged this was looking for new recruits. brooke? >> could this alleged terroring in abubijan, could it be part of something bigger? >> it could, because there are other things we've reported on, allegations and acts of fighting in iran, especially against israeli targets. and the intriguing thing about this is if you look at that map, azerbaijan shares a border with iran. israelis, they believe, are getting into iran to carry out something, they're not quite sure, but it could be one of the

reasons that it rain yanns are worried about it is precisely because of that border and the potential for israelis to get in. >> jill dougherty, thank you. next i want to go to the white house. president obama and british prime minister david cameron are warning iran that the time has come to get its act together. jessica standing by for us. we know president obama, david cameron are not mincing words here. they say, quote, unquote, nothing is off the table if iran doesn't stop its nuclear program. >> that's right, brooke, prime minister cameron offering his full endorsement of the president's sanctions policy, europe pursuing an equally aggressive policy. both men saying -- the president reiterating there is not a containment policy by the u.s., that they are not seeking for iran to get a nuclear weapon at all, but the key thing was president obama saying the window for diplomacy is

narrowing. listen to this. >> tehran must understand that it cannot escape or evade the choice before it. meet your international obligations or face the consequences. the window for solving this issue diplomatically is shrinking. >> the president and i have said nothing is off the table. >> reporter: so once again emphasizing those two leaders are saying they are clearly on the same page with this one. the issue will be discussed again at a summit in south korea coming up at the end of next week, brooke. >> what about afghanistan? i know they talked about that with the president and prime minister vowing to stick to the timetable as far as an exit goes. >> reporter: yes. the end of 2014 are the date by which nato forces are going to exit, and they said that's still the date, but the news here today was that president obama said for the first time in 2013 nato forces will shift to a

support role in afghanistan, and that's meaningful because they want to start transitioning so that afghan security forces become responsible for their own security by the time nato exits the country in 2014. he also said that when nato meets in may, they're meeting in chicago, the full nato nations will discuss exactly how that transition will take place. so more to come. >> jessica, thank you. i want to stay in afghanistan. we do have some breaking news here involving the soldier accused of killing the civilians on sunday. and a security care as defense secretary leon panetta arrived there at a base in afghanistan today. we're speaking to sara sidner in kabul. sara, what's the news? >> reporter: we have some breaking news to tell you about right now. i just got off the phone with the international security assistance forces officials, and they have said that the soldier that is accused in the massacre that happened sunday leaving 16

civilians dead has been transferred out of afghanistan and that some afghan officials were told about this before it happened. it happened sometime between 9:00 and 10:00 this evening afghan time. so that is the latest news out of afghanistan, the soldier accused in the shooting of afghan civilians in the dead of night on sunday has left the country. now, let's move on to mr. panetta. mr. panetta was in the country today. his plane landed in camp bastion in helmand province, and when he landed, there was an incident there. there was a driver that ended up driving onto the runway and eventually ended upcoming out of that car and he was burned, he was on fire. so we're seeing some incidents as mr. panetta shows up. no one is saying exactly what happened except for that the car had been stolen and that the person who was in the car, the driver, was an employee at bastion, but a civilian

employee. there was another incident while panetta was talking to u.s. troops as well as afghan officials, another incident that left eight civilians dead because of a roadside bomb that hit a sminminivan, but that hapd far away from mr. panetta. it's the first time a high-level official has come here since this shooting spree that happened on sunday, but big news that the alleged shooter is out of the country. it will be interesting to see how some of the afghan officials and afghan people react to that. brooke? >> we know you'll be waiting for that, and as soon as you hear anything, obviously, we'll get you back on trk v. sara sidner for us in kabul. thank you for the breaking news. that is your reporter roulette here on wednesday. i want to bring you up to speed as far as that story out of columbus, ohio. we told you four people have been stabbed. coming up, i'll speak to an investigator on the scene as far as how and why, next.

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at meineke i have options... like oil changes starting at $19.95. my money. my choice. my meineke. we have been making phone calls, got a little more on this story in columbus, ohio where four people have been stabbed. we have sergeant rich wiener on the phone from the columbia, ohio police department. as we look at these pictures, sergeant, just so i'm clear, this happened at continental center on gay street downtown. what happened? >> well, the initial call was a dispatch for a possible stabbing. within less than a minute, the officers arrived and they were directed to an individual. we had a female officer encounter him, and that's when she pulled her weapon and shot him. from that point, additional officers arrived. we were able to make it inside. we found -- initially we found some victims outside and there

was some victims inside. all four -- we have a total of four victims -- they were transported to area hospitals in critical condition and the suspect was also transported in critical condition. >> okay, so you have the suspect, you have these victims headed to if they're not already at the hospital and critical. tell me a little bit more about this building and where this stabbing happened. i understand there is a career center. this is somewhere inside that career center, is that correct? >> yeah, this particular building, a high-rise, probably 15 to 20 floors. it has multiple office space inside of it, and the miami jacobs career college is in a small part of this building. at this time, we don't know if there is any affiliation between the suspects and the college itself or if this was just an area that he went to. but this sits right in the middle of downtown columbus, so it was very busy at the time,

and during lunch hour, he had a lot of people inside when you walk in the front doors, and then you have elevators and other places you can go to and are available to the public. >> okay. >> so at this point we're still trying to determine exactly why he went to this particular area. so we have multiple witnesses right now that the detectives are talking to, and hopefully they're able to fill in some of the gaps that we have, and also with it being in the downtown area, we have a lot of surveillance video outside and inside of the building. >> to help you out. >> i'm sorry? >> to help you out. looking at that surveillance video will certainly be helpful as well as the eyewitnesses. officer weiner, i appreciate you calling in. as soon as you fill in the blanks, let us know. this is 1:00 p.m. in columbus,

ohio. an army officer, a decorated soldier is being charged in this alleged murder for hire plot. the allegations first surfaced when the officer's girlfriend first told them he was planning to have his ex-wife and boss killed. >> his ex-wife and somebody he worked with, and he made comments he would be doing something big, and it would be seen on television, and he made comments to other people about blowing up the capitol. so when you add the totality of all this up, this is someone we thought was dangerous and we wanted to get in custody before anyone got hurt. >> in addition to those threats, we're hearing from prosecutors that lieutenant colonel underwood allegedly tried to blow up the state capitol building in olympia. he has pleaded not guilty, and i spoke to jonathan martin about the base. >> they have a bunker mentality right now, which is understandable. there seems to be limited

understanding about who the individual is. the staff sergeant implicating the murders over the weekend. what you're seeing is you're seeing war crimes allegations overseas, but then also these very serious incidents back home. there is routinely now really serious, you know, criminal allegations, soldiers killing their wives or in this case a son, the park ranger shooting. the cumulative effect, i think, has really shaken the community here. >> he also told me underwood is in a tacoma jail on a $250,000 bail. mitt romney, he says if he is president, he is going to cut money for npr, the arts, even planned parenthood, and democrats, they are furious. see their response to that next. plus, are there any signs that newt gingrich is going to

drop out, close to dropping out? gloria borger is standing by, next. back then, he had something more important to do. he wasn't focused on his future but fortunately, somebody else was. at usaa we provide retirement planning for our military, veterans and their families. now more than ever, it's important to get financial advice from people who share your military values. call now for our free guide and tips on planning for your retirement this tax season. ♪ ( whirring and crackling sounds ) man: assembly lines that fix themselves. the most innovative companies are doing things they never could before, by building on the cisco intelligent network.

mitt romney said he would cut funding to planned parenthood many, many times before, but his latest comment has now the democratic national committee, the dnc, jumping on it. first listen to what he said to a missouri reporter this week and then we'll play the bit of the dnc ad that's now up and running. >> my test is pretty simple. is the program so critical it's worth borrowing money from china to pay for it? on that basis, of course you get rid of obamacare, that's the easy one. there are others. planned parenthood, we're going to chief

analyst gloria borger to talk about what we saw yesterday, what we're talking about moving ahead. i know mitt romney has said rick santorum's campaign was coming to a desperate -- >> yet when you look at what happened last night with him coming in third place with both mississippi and alabama, he's got a little problem. >> not so much a desperate end. i was talking to a senior

adviser to santorum who said, it's the beginning, it's not the end of our campaign, and look, i think romney was embarrassed last night because they let expectations rise that he could have won one of those states in the south, and he didn't, and santorum now has an argument to make, which is that i can block him from getting the necessary 1,144 documents. santorum is not saying he can get them on his own, but he can certainly block romney. romney's response has been, vote for me because i'm ahead. and i don't think that's a really good campaign platform vote for me, because i'm ahead. it doesn't really work. he's talking about the math, and there's a lot of discussions going on internally about just what mitt romney can do to kind of fix things. >> doesn't he need to change his message?

>> i think he needs to change a couple of things. he needs to hone his message, let's say. it can't just be about the math. it has to be about uniting the republican party. and by the way, if you end up supporting rick santorum, what you're actually saying is you wanted to go to a contested convention. funk that's good for the republican party, go right ahead. most people would say he has to talk about republican unity, how he has to take on president obama and how he could be president obama. >> we could end up with a contested convention so we have to vote and vote and vote until we hit the magic number of 1,144. in the meantime, u the newt gingrich factor, which if you're mitt romney, you say, stay in the race. >> you stay stay. >> he didn't do so well. >> now i think newt gingrich's credibility is really on the line here. i covered newt gingrich a while

ago, i've talked to a lot of people who have spoken to him. this is very personal between newt gingrich and mitt romney. newt gingrich was particularly upset about ads romney ran in iowa. he spoke to supporters of romney to get them to take it down. in the end, romney took down that ad but newt gingrich still feels it was a personal affront. the thing about newt gingrich, it's not about the numbers. for newt gingrich, it's about legacy, it's about history. so if he's going to get out of this race, and i believe at some point he will -- >> what's the tipping point for him? >> somebody is going to have to convince newt gingrich that this is about his place in history or that he could become a king maker here and would actually have more influence. if they could sort of convince him on a historical level -- because, remember, he sees

himself in that light -- that in the end he would be remembered for uniting the republican party and helping to beat barack obama. that might be the way to get him to leave. >> i think it's something personal to go back to iowa with him. >> i think it's very personal. and i think newt gingrich and rick santorum like each other. you've heard gingrich talk about some kind of a santorum-newt gingrich alliance. we'll see. >> who knows. gloria borger, thank you very much. meantime, a big switch here in the case of the former desperate housewife whose lawyers have dropped a bombshell. sunny hostin is on the case. she's next. [ mujahid ] there was a little bit of trepidation, not quite knowing what the next phase was going to be, you know, because you been, you know, this is what you had been doing. you know, working, working, working, working, working, working. and now you're talking about, well you know, i won't be, and i get the chance to spend more time

with my wife and my kids. it's my world. that's my world. ♪

for a hot dog cart. my mother said, "well, maybe we ought to buy this hot dog cart and set it up someplace." so my parents went to bank of america. they met with the branch manager and they said, "look, we've got this little hot dog cart, and it's on a really good corner. let's see if we can buy the property." and the branch manager said, "all right, i will take a chance with the two of you." and we've been loyal to bank of america for the last 71 years.

the girlfriend orch called

one of the most wanted mobsters made a deal official in just the past hour. court documents show she pleaded guilty to conspiracy and theft. snin, how does this deal impact bulger's case overall? remember, he's charged with 19 murders. >> i don't know that it will impact his case, brooke, because she doesn't have to testify against him. that is also part of this plea deal. really a sweetheart deal for her because she was looking at over a decade in prison over the federal sentencing guidelines, now she's looking at about 32 months. will it impact his case? i don't think so. will it impact their relationship? i mean, she hid him for 16 years. probably so. >> 32 months. you say that's a sweetheart deal for her. >> that's a pretty good deal for her, absolutely. she was looking at much more

time. about over a decade, i would say. >> i want to get to this desperate housewives trial. closing arguments began today. actress in this canicolette she they killed her character off. they showed how abc wanted to cover up her firing, so we'll play a clip here. the voice you hear here is a set coordinat coordinator. >> i received an e-mail soon after nicolette filed suit. i think it was meant for a much marrower distribution, but it regarded having them come in and wipe out the accordance they've had e-mailwise about firing nicolette. >> did the jury hear that? >> well, the jury heard him

testify, brooke. he got on the witness stand and talked about the fact that he received this e-mail, that he believed sort of related to nicollett's firing. he described it as a cover hy-u. what's interesting is employers are ordered not to destroy anything, and usually i.t. does come and remove a lot of those e-mails, but to preserve it not to erase it. on cross examination, he seemed a bit confused and he wasn't sure if the e-mail was to preserve that information or to destroy it. so i don't know that the bombshell evidence was truly a bombshell and perhaps the jury will disregard that testimony, but all in all, i mean, i thought this desperate housewives trial was going to be just a civil case, not really that interesting. it has had more twists and turns than an actual desperate housewives episode. so it's been a fascinating case.

>> what about her case, though? now that the case against the show creator is dropped, what does it do to sheridan's case? >> yeah, well, she sued him for battery because she claims he hit her in the head. he, of course, always denied it and said, no, he was trying to show her how she should do it to a character on the episode. the judge tossed out the battery claim against the executive producer. so the jury won't get to decide that. but the case still goes forward. the jury now gets to decide whether or not she was wrongfully terminated from her job in retaliation for her complaining about the hit really heard round the world now. so the case goes forward. great day for the executive producer, pretty good day for abc, but nicollette sheridan still has a case. >> sunny hostin on the case. sunny, thank you. we'll see you back here tomorrow. still ahead, it is rod blagojevich's last night of freedom before he heads to the

big house. find out what he's up to in his final hours before the big day. plus, george clooney on capitol hill telling congress innocent people are dying, so do something and do it now. you're going to hear straight from george clooney next. whwheeee! ! whwheeee!! whwheeeeeeeeeeeeeeeee! ahah h heaeadsds u up. whwheeeeeeeeeeeeeeeeeee! evevererytythihingng y youou l , nonow w momobibilele.. dodownwnloloadad t thehe n nep totodaday.y. when the doctor told me that i could smoke for the first week... i'm like...yeah, ok... little did i know that one week later i wasn't smoking. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix.

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if it's interesting and happening right now, you are about to see it. rapid fire, let's go, beginning with the pentagon. confirming this hour that the army sergeant accused of a massacre in afghanistan has now left the country, according to a spokesman telling cnn the unknown soldier was being held in a place not suited to continue confinement. they have called for a public trial in afghanistan where the transfer was offered in advance to afghan officials. rod blagojevich choosing his final hours of freedom to speak to the public. the former governor of illinois starts his federal sentence in colorado tomorrow after being convicted in june of corruption. blagojevich has a scheduled news

conference outside his house, 6:00 tonight eastern time. a spokesperson said blagojevich just plans to say goodbye. and just because we like snowy scenes here, check this out. this is lake tahoe, california. the higher the elevation, the heavier the snowfall. we're told the roads below, despite these white whiteout conditions, the roads are passable. we're told, though, when it comes to skiers, some lifts there in tahoe have been closed. after 244 years in production, encyclopedia britanica is stopping the presses. britanica will no longer print its iconic multi-volume book set. traditionally it has been reprinted every two years. but the 22 volumes will be the last. not to worry, though. the encyclopedia will be available on line and on your mobile device for a fee. george clooney is using his star power to draw attention to

sudan. clooney testifying before a senate committee just this morning telling senators he had just returned from sudan and the sudanese government is committing war crimes along the border with south sudan. he also told the committee what he thinks the u.s. should do about it. >> we need to do what we're best at, real diplomacy, starting with china. china has a $20 billion investment in oil infrastructure in sudan skprit now they're getting nothing for it. we need to work in tandem with the chinese to solve these cross border issues, not by using guilt, not to give it to these humanitarian issues but to do what's good for both of us. let's use the techniques we've learned from chasing terrorists and find and freeze the offshore bank accounts of these war criminals. they're not buying these weapons with sudanese pounds. let's work with the international community to

toughen the sanctions, make cartum a very lonely place. there is a lobbyist here in d.c. who is allegedly paid $20,000 a month to lobby for cartum. let's make sure he's paid in sudanese pounds from here on in. >> clooney told the committee that he and his group came under rocket fire after visiting the group just days ago. a child has been found eight years after being kidnapped and the suspect is very close to home. standing by live is the mom at the center of it all who has spent the last eight years wondering, hoping this day would come. i've got a lot of questions for her. don't miss this, next. not in my house. with maxwell house french roast, you let gravity do the work. [ male announcer ] maxwell house french roast. always good to the last drop. sorry. sore knee.

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an abducted baby boy missing for eight years found safe. the babysitter accused of taking him is now sitting behind bars. she is miguel antonio maureen. the mother -- miguel was the son just a couple months old when his mother said she dropped him off at his godmother's house. the next morning the godmother and baby boy were both gone. champion maureen is the mother. she called the police, they sheftd and dropped the case two years later. the amber alert said they never got an alert on baby miguel. but his mom prayed and prayed

for years until just a couple days ago when she got this call that he had been found. she joins me now from houston, texas. my goodness, keep in mind, 2004 was the last time you saw your baby boy. you get this phone call two days ago. albany, describe it for me. >> it was a very heart-wrenching thing because i hadn't heard anything since 2004. that's the last time i saw him or heard anything come out of his mouth. the last thing i heard him do was cry. so it was heart-wrenching. i was happy, scared because i don't know if he was abused, i don't know what happened, but i was relieved that he was alive. >> what were you told specifically in that phone conversation? >> basically said they had found her. there was a case going because of -- with cps and that they

were trying to arrest her and i needed to prove that i was his mother, and i did so. and i got on the news with channel 13 and they -- as soon as the news happened, they turned him in. >> let's go back to the her here. the her is this woman accused of taking your son. you knew her. >> yes, crystal tanner. you had asked her to be the boy's godmother. explain when you came home and your eight-month-old baby boy was gone. >> she wanted him to spend the night. this was his godmother, i trusted her. i had to pick him up in the morning because she was going to school, high school. when i got there, her mother said they had left but they would be back later. so i waited an hour and i went back. when i went back, she said she had left out of the state. and i called the police. i waited two hours for the police to arrive.

nothing happened. >> you were in high school at the time? >> no, she was in high school -- yes, she was in high school. so i went to pick him up so she could go to her classes, but, yeah, she was not there and he was not there. >> so you trusted, though, this woman at some point to leave at least one of your five children with her. why allow -- i know you trust her, she's in high school. why allow him to stay the night when all your other kids were staying safely somewhere else? >> because i trusted her and her family because i knew them for a long time. i had known them for six years prior to that, so i didn't think anything of it. and i've let some of my other kids go over there and nothing ever happened. it was so -- i wouldn't think that one night that, you know, that would change. >> at the time i mentioned miguel went missing, he was all of eight months old, and you had four other kids at the time. from what i understand, they were all under the age of four,

and albany, you were pregnant. so when you went to police, you couldn't take a polygraph because you were pregnant, is that correct? >> no, i couldn't, because i was pregnant. yes. i was able to, i was like, i'm ready to take it, and they said, you're pregnant, you can't take it. then after i had my baby, they never asked me to. >> did you follow up with them and offer to give one? >> yes, and they kept switchiswitching the officer who was supposed to do my case. every time i would call, oh, another officer has your case. then they just closed it altogether. >> how did houston police respond? how quickly did they respond to the initial missing report? >> it took over two hours for them to respond to the apartment complex that i stayed in. then it was -- it was like they really didn't understand or believe anything that was coming out of my mouth. they were believing the child's mother, who had took him.

they believed her. they were like -- because she's older, she was like in her 40s, so they believed her over me and i was 20. >> i understand. i do just want to say that we reached out to houston police. i understand there was an amber alert issued. we asked them about that and they say they're looking into it. but amber, over the years, eight years, did you think miguel was alive? what did you tell yourself each and every day what happened to him just to get through the day? >> i believed -- i pray every day and i prayed every day that he was safe and he was okay and he was alive. in my heart, i knew he was because i felt it every day. >> you knew he was. >> yes. >> when do you get to bring him home? >> i have to -- as of right now, it's under investigation, so cps has to do what they have to do

and they'll let me know when i'm able to. >> but you're working with them? >> yes. i'm cooperating with them in every way. >> final question, albany. what's the first thing you say to miguel when you see him? he's eight. >> that i love him. that's all i'm going to say, that i love him and i'm going to give him the biggest hug in the world. >> albany, we'll follow up with you. thank you very much. amazing story. a walmal street executive quits his job and has some pretty strong accusations against goldman sachs. we'll talk to somebody on the inside. i know you know cnn, news, politics, but there's something we're talking about specifically in the month of march, and that is march madness and that is bracketology. i want to bring in a super special guest here. who must that be? you have to wait until after the break. be right back. it's the tastiest, the sweetest, the freshest.

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president obama gave british prime minister david cameron his first taste at basketball last night, college basketball. the two of them attended the opening game of the ncaa tournament in dayton, ohio.

they watched western kentucky edge out mississippi valley state, and of course that taste of basketball had to include some arena food. hot dogs, as it looks like. here is the prime minister on the experience. >> i'm enjoying it. it's pretty fast and furious. it's hard to follow sometimes exactly who has done what wrong. >> is our president helping you follow the game? >> he's giving me some tips. he's going to help me set up my bracket. >> speaking of brackets, check this out. welcome to the cnn atrium, and i know you know cnn news, politics, but there's something we're talking about specifically in the month of march, and that is march madness and that is bracketology. i want to bring in a super special guest here. we're going to talk basketball. i love this man. i love this man's carolina blue tie. >> it is in honor of the university of north carolina. >> my alma mater which, by the way, the president picked to go all wait, as have i. so i want to ask, i know you

have a very specific way to pick teams. >> this is a very scientific method. if a university up there has given me an honorary degree and i've given a commencement address at that university, they automatically get on the first round. it doesn't mean they're going all the way to the sweet 16 or the final four, but they're going out of the first round. as a result, i have st. louis, which st. louis, missouri, they gave me an honorary degree. i gave the commencement address there. they moved into the second round. >> so you invite wolf blitzer to speak at your yoouuniversity, ye a shoo-in when it comes to the brackets. >> they gave me an honorary degree, i gave the commencement address, they're going to the second round. >> who do you have going all the way? >> syracuse university. i'm a little sad because they lost a player. but i have confidence. i'm from upstate new york, buffalo, syracuse, not that far away. i never went to school there, but i like syracuse university, so that's just me.

>> i like the of north carolina chapel hill, and as the president picked them to go all the way a couple years ago and they did, i'm just sayin'. >> the president sees north carolina he won it barely four years ago. >> but he won it. >> it's a swing state, but he needs north carolina. >> look at you talking politics and basketball. >> i think that's what he's got to do. he has ohio -- >> game on, blitzer. game on. bring it on, blitzer. bring it on. >> you know, you may be right, but you never know. we're looking for the cinderella teams. >> i love a cinderella story. >> harvard, you know, how often has harvard gone to the ncaa tournament? >> remember george washington a couple years ago? i love those stories. everyone loves a good cinderella story. to your show, what's coming up? >> enough of the bracketology. >> yeah. >> we have serious news. political fallout in the aftermath of santorum's huge wins in mississippi and alabama. we'll assess what that means.

also taking a close look at leon panetta's visit to afghanistan right now. and we're digging deeper on some of the situation. it's an ugly situation. my fear is it's going to get worse before it gets better, and it might not get better. >> we know that sara sidner was reporting, the soldier accused of that, he has left afghanistan. >> probably smart to get him out of there. >> thank you, sir. before i let you go, wall street, this executive quits his job, calls goldman sachs toxic, destructive and all the company cares about is ripping off customers. my next guest used to work there, bob lesner, and he says it's par for the course. i think it's a cool car. i think it's stylish and it makes a statement at the same time. and i've never had a car like that. people don't totally understand how the volt works. when the battery runs down the gas engine operates. i don't ever worry about running out of battery power... because it just switches over to my gas engine.

i very rarely put gas in my chevy volt. i love my chevy volt and i've never loved a car. ♪ what ? customers didn't like it. so why do banks do it ? hello ? hello ?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello ? ally bank. no nonsense. just people sense. i'm michael bazinet, president of creative digital imaging of bangor, maine. we have customers all over the united states. we rely on the postal service for everything that we do. the eastern maine processing facility is vital to our operation and our success. if we lose this processing facility we could lose clientele because of increased mailing times. we would have to consider layoffs

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we've hit on this before. if you have an account with goldman sachs, you're probably not doing too bad. surprise, surprise, goldman sachs thinks you are a muppet. that's one former executive is saying. he resigns and goes straight to the "new york times." a cool part of his op-ed. it makes me ill how callously people talk. over the last 12 months i have seen five different managing directors refer to their own clients as muppets. our buddy bob lesnar worked for goldman sachs, now with "forbes." is that the way they talk about clients there? >> i never heard that before in my life. i get it means that they can

take advantage of them at will. i just want to correct one thing. i never said that was par for the course for goldman sachs to rip off all their customers. i would never saying that in any of the activities i had when i worked there, and it certainly wouldn't be true of everybody. now, this her is very unfortunate coming, as it does after a lot of other very embarrassing. noisum, that in a big merger with el paso gas, they were on both sides of it. they brought another investment bank in, but the investment bank would only get paid if they approved the dizzy on the terms that goldman sachs wanted. so many conflicts involved, it's staggering to even keep track of it. >> but -- >> my question is where are the directors of goldman sachs in getting to the bottom of all

these things. we've basically heard nothing. i would say if there are five guys that refer to their clients as muppets. >> could you relate, though, bob, did any of it ring true? you ultimately left, did you not? >> of course it rang true about the things i have learned that have been going on for the last several years -- too much money, too many taking advantage of clients. the abacus deal where there were hearings where they sold securities on behalf of a hedge fund, they knew the securities were not worth what they sold them for. that's so scandalous, so outrageous. if there are other estimates like that, they will pay fines about that, too, but keep in perspective. practically everybody in wall street has had something against them, okay? you've had credit suisse pay a

big fine for bond traders fixing bond prices to make it look like they made more than they did. >> i do want to jump in, though, because -- just to be fair with gold man, you know, we have heard from gold man and they have essentially said they have these, as many places do, the employees surveys, and the views reflected in this particular op-ed was not reflective of what they have seen in those particular surveys. if i can, bob lenzer, i do want to move on. i just have a couple more minutes. the stress tests on the to many 19 financial institutions -- >> right. >> -- would the banks survive a 50% drop in stock prices, 13% unemployment, another big drop in the housing market, 15 of the top banks passed, but i want to ask you, the four that flunked, citi, citi grew. allied financial action metlife and suntrust. bob, overall, 3 1/2 years since

the meltdown, can we breathe easier? >> yes, we can, obviously. j.p. morgan raised their dividend and announced a huge buyback of their stock. so have several other banks. everyone in wall street knows that citigroup has still a long way to go to get themselves straightened out. i'm not sure i know enough about the other two banks to speak of. yes, i think we do. let's not forget the stock market has raised the prices of equities back up within about 8% of the former peak in october 2007. so we are no, sir in the same dire straits we were in. unless there was some kind of international events, some kind of external events, like a war in the middle east or something 20 do with iran, that caused the price of oil to go to $200 a barrel and the stock market to go down by 50%, we do not face a huge big crisis with the banks

here. we have come a long way in three years. we're not perfect. i don't think the governance has really improved that much. >> you don't think so? >> no, i don't. i don't think the governance of goldman sachs has improved at all. where is the board of directors in responding to these horrible things being said about goldman sachs? they're not doing anything about it. they prefer to try to maximize their profits and go along to get along. it's a ink chaed environment. we're never going backed. not only that, but the passage of dodd/frank is very seriously negative for goldman sachs's profits in the future unless the bill is annulled. that i know for a fact. >> bob lenzer, we love having you weigh in. i really truly appreciate you coming on and talking about this.