tv CBS This Morning CBS May 14, 2012 7:00am-9:00am EDT
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good morning. is it monday, may 14, 2012. welcome to studio 57 at the cbs broadcast center. i'm charlie rose. heads begin to roll at america's largest bank as jpmorgan chase tries to limit damage from its $2 billion loss. we'll hear from elizabeth warren, the government's chief wash dog during the 2008 bailout. a new poll shows what america thinks of same-sex marriage. and the ceo is here to talk about the bailout and detroit's wig come back. a co-founder of facebook looks like he's defriending america to avoid taxes. when i see you at 8:00, the
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women of "the talk" will be here at the table. we begin with a look at today's "eye opener," your world in 90 seconds. >> you made a terrible agee yous mistake. almost no excuse for it. >> resignations at jpmorgan chase. >> "the wall street journal" reporting three high ranking execs are expected to step down. >> you think we need less financial regulations rather than more? >> i think we need less. the fact is dodd/frank didn't work. >> this could lead us back to 200 8. >> i think the president took six or seven states he carried in 2008 and put them in first. >> the vice president outed him. he was on his way to george clooney's with with an open purse. >> if the white house was trying to out something, they wouldn't hand it off to joe biden to do that. >> i'm an adult. >> i've been there. i've been there. i used to catch grief all the
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time for president cheney. >> uh-huh. john edwards will begin his defense today at his trial in north carolina. >> the search continues for a missing fbi agent. he disappeared on thursday. his family worried he's despondent and possibly suicidal. >> cameras reveal the moment a child had a lucky escape. >> those in arizona are battling three wildfires. one fire came so close to prescott that residents were forced to flee. >> mark zuckerberg turns 28 today. >> all that -- >> on pit road, that's southern 00 emotion. >> unbelievable! >> and all that matters. >> people don't need help tearing down the institution of marriage. you're doing just fine as it is. >> all this on "cbs this morning." >> the nation's first gay president. >> okay, buddy, we get it. you're not a muslim.
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welcome to "cbs this morning." a bad bet by traders at jpmorgan chase will cost a lot more than $2 billion. three top officials reportedly are on the way out, including the bank's chief investment bank officer. >> ina drew, has offered to resign and could be out later today. rebecca jarvis is here with the latest. good morning. >> reporter: good morning to you. these are the biggest losses on one risky bet at a bank since the financial collapse. and the scale of the surprise could have sweeping consequences for banks around the globe. >> we took far too much risk. the strategy we had was barely vetted, barely monitored. it should are never happened. >> reporter: that's the ceo of the biggest bank in the country on damage control. jamie dimon is trying to spread the message that jpmorgan chase's $2 billion loss is not
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systematic and won't put his company on life support. but he admits jpmorgan's credibility has taken a hit. word that a complex trade, reminiscent of those that contributed to the financial crisis, went bad at jpmorgan, caused the bank's stock to plummet more than 9% friday. wiping out $15 billion in shareholder value and sparking memories of the 2008 bank bailout that put taxpayers on the hook for $700 billion. michigan senator carl levin leads the committee that investigated the financial crisis. >> these are the kind of pets that put us into the soup to begin with. >> reporter: in 2010 congress passed dodd/frank to rein in wall street risks but the term of that law are still being negotiated. and there's intense lobbying from the financial industry to water it down. critics argue even when the law's in place, banks will find a way around the new rules.
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and it still won't be enough to stop risky trading. however, some republicans are concerned that too much regulation could stifle economic growth. others like tennessee senator bob corker are now calling for a hearing into jpmorgan's losses. in the meantime, there's growing concern this is just the beginning of more problems for the financial industry. >> jpmorgan chase and jamie dimon are the brightest guys in the room. if they have this problem, god knows how many people have this problem. this could lead us back to where we were in 2008. >> but not every bank engages in the type of practices that led to jpmorgan's massive loss. in order to take that level of risk, a bank must be large enough and have access to significant capital. some of the other banks which fit that description, are citi, bank of mechanic and wells fargo. >> thank you very much. with us now from newton, massachusetts, is elizabeth
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warren, democratic senate candidate in that state. she chaired congressional oversight panel for bank bailout. good morning. >> good morning. >> good to see you. >> good to see you. >> what do you hope is the fallout from this in terms of regulatory action? >> well, i'd like to see some real accountability here. i'd like to see jamie dimon, for example, resign from his position as a classic "a" director of the new york federal reserve bank. what's happened here is not just about jpmorgan chase, it's about the kind of at ttitudes the ban should be regulating themselves instead of having real oversight. so, the way i see this is that we have to say as a country, no, the banks cannot regulate themselves. they are financial institutions that run the risk of taking down everyone's job, run the risk of
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taking down everyone's pension, run the risk of taking down the entire economy. and that means it's appropriate to have some government oversight. and notwithstanding the fact we're just coming out of this huge crisis. jamie dimon has been the one who has led the charge in order to say, nope, no more regulation. fight back against regulation. call the regulation un-american. try to resist, try to put loopholes into regulation, hire an army of lobbyists. this has really got to stop. >> jamie dimon yesterday on "meet the press" said he supported 75% of dodd/frank. >> what we have to remember is dodd/frank itself was a compromise. now what's happened is the large financial institutions led by jamie dimon have gone after the regulators. they moved it from open warfare to guerrilla warfare.
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they've gone after the regulations. they tried to delay them, tried to put loopholes in them, they tried to tangle them up. they've done everything they can to stick with the idea that it should be the banks that manage their risk, that the banks are the ones who can regulate themselves. and there's no need for anyone from the outside looking at them. it's fundamentally wrong. it's wrong and dangerous. >> what regulation would have prevented jpmorgan from making this kind of trade? >> well, you know, we have to start, charlie, by saying partly. we don't know all the details about this trade. but i'm going to start with the basic proposition, banking should be boring. banking should not be this kind of high-risk activity. you know, that's what glass/steagall was all about. it said commercial banking, the stuff you and i understand about checking accounts and savings accounts and so on, should be one kind of activity and it should be boring. it should not be taking on
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risks. if you want to take on those risks, you need to be somewhere else. you need to be a wall street hedge fund, go to that, but keep a separation between those two. >> you would like to see -- >> because laws -- >> you would like to see those two separated. would you like to see the banks broken up into smaller entities? >> it's a real question about how we're going to deal with the rifb risks that the banks put forward right now. the larger the financial institution, the more risk it carries for the entire country. and the irony is that i was here talking about the risks posed by the largest financial institutions in 2008 and 2009 we talked about too much concentration in the banking industry. and now here we are in 2012 with more concentration in the banking industry. the big have gotten bigger. that's a danger. >> should jamie dimon have witnessed resignations on the
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part of the people responsible, according to what's in the papers this morning? is that enough for you or do you still insist he leave the new york fed as director? >> well, i think the importance of jamie dimon leaving the new york fed is that it's a public acknowledgment that he is in a position of trust. right now he holds the position -- think about -- with the new york fed in which he is advising the new york fed about the appropriate oversight of banks like his bank. and i think one way he takes responsibility for what's gone wrong is to resign from that position and say, someone else should be in that public position but that he should not be in it. and i just think that's one way to try to get a little more accountability into the system. when something happens, like what's happened at jpmorgan chase, someone needs to be accountable. part of that is jamie dimon should withdrawal from -- should
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resign from his position of public trust. >> elizabeth warren, thank you for joining us this morning. >> thank you. it's good to see you. in the race for the white house, president obama's support for same-sex marriage is pushing the campaign in a new direction. in a just released cbs news/new york times poll, 30% of americans say they believe same-sex couples should be allowed to get married. 24% think they should form civil unions while 33% are against it. the number in favor of same-sex favor is 10% higher than it was in 2004. as jan crawford reports, the expected republican nominee took up the issue over the weekend. good morning. >> reporter: good morning. mitt romney has built his campaign on improving the economy. that is what voters say is the number one issue in this election. but this weekend he made a different talk. he gave commencement speech at liberty university and there he seemed to be seeking common
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ground with social conserve ties by talking about his faith and his values. speaking to a crowd that's been what skeptical of his mormon faith, mitt romney took on a key issue for social conservatives. >> marriage is a relationship between one man and one woman. >> reporter: that's been his position. and in his weekend speech, the pstressed his religious values. >> whether the cause of justice for persecuted, compassion for the needy and sick, mercy for the child waiting to be born, there is no greater force for good in the nation than christian conscience in action. >> reporter: former romney rival and evangelical favorite rick santorum urged him to go further, suggesting president obama just doesn't get it. >> this is a very potent weapon, if you will, for governor romney if he's willing to step up and take advantage of the president, who is very much out of touch with the values of america.
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>> reporter: two news magazines are touting the president's decision but a gallup/"usa today" poll show 60% of americans say it won't affect their vote. but it has had an impact on fund-raising. donations have reportedly increased, even before george clooney opened his hollywood home last week. other politicians also are weighing in. sunday during a commencement address at the university of north carolina, new york city mayor michael bloomberg took issue with the tar heel state's recent vote. >> the referendum banning same-sex marriage shows how much more work needs to be done to ensure freedom and equality for all people. >> reporter: and speak agent the iowa faith and freedom coalition, senator rand paul took a shot at the president's new position. >> call me cynical, but. >> reporter: public support for
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same-sex marriage jumped up in the last five years but it hasn't changed much since then. 38% support it, erica, now. but that's what's it's been for the past few years. >> jan crawford, thank you very much. with us, republican national party chair, haley barbour, welcome. >> glad to be back. >> how do you think this cuts politically? and should mitt romney, as rick santorum has suggested, go harder on it? >> first of all, no question you're on the right question. this is about politics. and the gay lobby, homosexual groups in democratic party are very, very powerful. >> this is not about politics for people who want to get married? >> it's very much politics for barack obama. even today the new york times called it politically charged. that's what this is about. how is it going to cut? it will be very interesting to how the gay groups look at president obama saying, well,
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i'm for home mow homosexual mar we'll let the states decide. i think that's unpopular. >> is it difficult for the governor because on one hand he wants to stress the economy and on the other hand he's getting pressure from rick santorum and others to say, this is a winning issue for you. is it a winning issue for romney or does it get in the way of his conversation about the economy? >> the best thing for republicans is for this election to be a referendum on obama's record. obama's record on economics and jobs, the policies that he has put in place and how those policies have failed. the american people recognize that. that's why we have 60% of the people in the country think it's going in the wrong direction. they think the economy is even worse than that. so, that's what we want to focus on. that's what romney should want to focus on. but on this, when the president come out and makes a big deal out of an issue, the candidate has to set out his position, which i thought he did very well. >> he said after consideration he's deciding this is, in fact,
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what was important for him to say at the moment. >> you're talking about president obama? >> yes. >> i meant that romney set out his position very well in opposition to that. but i don't think it has to be loud pip don't think it has to be harsh. there's a very clear difference of opinion here. and most states in this country, who have had referendum on this and voted overwhelmingly, as north carolina did, to honor marriage as a union between one man and one woman, as we have done for thousands of years in the world, not just in america. >> you've been speaking a little more about bobby jindal from louisiana, do you think he would be the right running mate for mitt romney? >> it's way too early, erica. the question for romney to pick a running mate is a question that should be answered after you get a look at a whole lot more information, what states are close. bobby jindal is a super capable
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guy, smart governor, smart as a whip but way too early. >> but what are the things to look into that person? more just the states? >> this president qualified to run as united states. if this person, heaven forbid, could die, could this person come in and be a good president? the political decisions come after that. they are the hipocratic rule, do no harm. charlie and i were around in 1972 when they picked a running mate he had to give back. is there a big state you wouldn't otherwise carry this person might help you carry? lyndon johnson is a perfect example -- >> jack kennedy. >> when he picked lyndon johnson, gave him texas. there are a number of decisions. picking a vice president thinking it's a game-changer, that would be highly, highly unlikely and unusual. >> yes or no, this race is now
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about dead even? >> yes. >> thank you, governor. governor haley barbour. time to show you headlines from around the globe. wall street journal reports jerry brown is planning bigger budget cuts in a revised pudge coming out today to make up for a $16 billion deficit. governor brown is warning there will be deep cuts to schools and public safety agencies. he also wants higher taxes. the daily monitor in uganda reports the army has captured one joseph kony's top generals. you he says he now feels like a free man after spending more than two decades fighting alongside kony. the new york post says mark sullivan will be in the hot seat next week facing a senate committee looking into the columbian sex scandal. >> the "usa today" says the key to fighting alzheimer's might be red wine.
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they'll look at if a natural compound can delay destruction of the brain in people with alzheimer's disease. washington post find teenagers who text while driving probably learn from their parents. a new survey of 1300 teen drivers shows that they think daument drivers send text messages all the time. arizona wildfires are threatening hundreds of homes around the state. in crown king a historic mining community outside phoenix. officials asked 350 residents to evacuate. most were staying put. another fire in the tonto national forest has
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>> for him to expatriate struck me as lawful and ungrateful. >> find out who else is criticizing this billionaire. john edwards has never been prosecuted in a case like this. why the law and not the facts could be his best defense. you're watching "cbs this morning." >> announcer: this portion of "cbs this morning" sponsored by usaa. proudly serving the financial needs of the military, veterans and their families. over the so. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families
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i'm sick of of the way presidents are always riding me. i'm an adult. >> hey, i've been there. i've been there. i used to catch grief all the time for president cheney. >> uh-huh. the oval office hooking up the slurpee machine, settling into a "charles in charge" marathon. that penguin would come waddelling in and say, get your pants on we're about to bomb, bla, bla, bla. >> welcome back to "cbs this morning." when facebook began selling stock this week, several people who owned parts of the country are due to become billionaires. one is getting a bit of flack because he's giving up his u.s. citizenship before facebook goes public. as bill whitaker reports, that
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move will save him a fortune in taxes. >> reporter: you might recall eduardo saverin, we felt sorry for, the facebook fall guy, losing millions because of mastermind mark zuckerberg. >> you set me up. >> you made a bad business deal with your own company. >> reporter: but it's a good bet few are feeling sorry for the 30-year-old saverin today. the brazilian-born entrepreneur who says he owes his good fortune to harvard education and california business boom has renounced his u.s. citizenship allegedly to avoid paying millions to uncle sam when facebook goes public. >> the openness of our economy, the willingness to encourage,
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inc ini incubate made facebook what it is and him the extraordinarily rich man. >> reporter: billionaire businessman mark cuban tweeted, this [ bleep ] me off. journalist james fallowt tweets, new candidate for most unlikable facebook founder. saverin is being hailed for drawing attention to high taxes. he continues to live the high life in singapore where there are no capital gains taxes. >> for him to expastriate me as perfectly lawful and ungrateful. >> reporter: what critics call his -- it will have no affect on facebook. mark zuckerberg has been making the rounds, and the ipo expected to be a blockbuster. for "cbs this morning," bill
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whitaker, los angeles. >> journalist james kirkpatrick author of "the facebook effect." what do you make of this guy taking advantage of taxes? >> you know, eduardo saverin has an outsized reputation because he wasn't a -- he was a lucky guy whose friend founded facebook. the movie made him famous. you know, he was never a believer in facebook. as i've said, i don't think he's a big believer in the united states. i think this is -- >> he's an opportunist? >> by definition. that's the kind of guy he is. the facebook co-founders, the other guys really liked him at the time. i think he's really shown that it was all about the money from the beginning. he never understood what fashion book was.
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that's why he's not there today. >> if he wants to renounce his citizenship, take the money, go to it. >> it shows his priorities are rather selfish. you might argue that's what caused the problems at the company, too. >> some people -- there's this outrage among some people that, oh, he's renouning his u.s. citizenship, oh, the fact it could be -- all his representatives have said it's not, it could be for tax purposes. if you look at it in some ways, the american dream of business as you find it wherever you can. >> yeah, but you know, modern day silicon valley is much more positive than that. he does not partake. mark zuckerberg is not doing it for the money at all. it's a side effect he loves. this is true of bill gates as well, even in my generation. >> steve jobs. >> steve jobs as well. they want to transform the world for the better. saverin is not like that. >> let me go to yahoo and the
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resignation. >> what a mess. the ceo misstated things on his resume and the woman who recruited him on the board misstated her resume and had to quit. i mean, it's a tawdry tale and remind me of what's happened at hp in the last year, unfortunately. >> yahoo, originally microsoft wanted to buy. there was a denial on the part of some of the founders of yahoo. >> right. $44 billion they offered that. microsoft offered $44 billion for yahoo four years ago. and now it's worth $18 billion. >> and they turned it down. >> ever since then the company has been in trouble. >> how valuable is it now? >> it's worth $18 billion if the market but it's valuable as a company, a media company, and it's still the dominant digit media company of the planet. >> the most valuable to? >> i think it's still valuable to them if it was well run. and i think ross levinson, interim ceo, is a great guy to run it.
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microsoft would still love to own it. it could be valuable to any major media company because it is truly digital. and every media company is trying to turn themselves into a completely digital company because that's the way everything is going. yahoo has still a marvelous position. i think it's been poorly managed in recent years. >> nice to see you. mitt romney says he deserve credit for the auto industry's rebound. we'll ask the ceo of gm about that, about jobs, detroit auto giant as well. stay tuned. you're watching "cbs this morning." [ sneezes ]
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criticism? >> just to rectify the record here. i paid the loans at 19.7% interest. i don't think i committed to do a commercial on top of that. i felt the republicans' reaction to this was -- was unnecessary and out of place. >> that's very restrained for you. >> it is. i'm on camera. >> speaking with steve kroft on "60 minutes" earlier this year in march. general motors, meantime, number five on the new fortune 500 list after posting record profits. the company has been a political football in the presidential campaign because of its $50 billion government bailout. >> on sunday gm chairman and ceo dan ackerson told columbia university that our system is broken. good morning. >> good morning. >> i want to talk about the but would gm have survived without the government bailout?
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>> i don't believe so. for one simple fact. there was no risk capital at the depths of the great recession that would have been put into what was viewed as a pretty risky investment at the time. >> what do you think of governor romney's position that the bailout was wrong? >> well, you know, there was a wise man named ronald reagan who once said, there's no limit to what a plan can accomplish if he's willing to share the credit. words to that effect. and when you step back and look at the bailout, there were two separate presidents, president obama and president obama, two treasury secretaries, two administrations, that saw the witt wisdom of how important this industry was to america and its economy. we comprise between the automotive industry, comprises between 3%, $3.5% of the total gdp of this country. to essentially ceded the basic
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manufacturing infrastructure of this country in this industry would have been a short-sighted decision. >> when will you be able to pay back? >> well, we paid back all of our loan. we paid back our previoused. and we've essentially taken the company public and the government owns about 27%. they're one of 50,000 odd shareholders -- >> that isn't something the government wants to do long term. >> no, i don't think it is. when they sell, like any shareholder, it will be at their discretion, not the company's. >> general motors today a healthy company? >> i think it was properly described -- we had a very good year. we're a growth company again. we had $135 billion in sales in 2010. we had 150-plus billion in 20 11. that's up $15 billion in one year. and we had profits that exceeded any year in general motors' history in the 103-year history of general motor. pretty good year.
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>> charlie brought up governor romney earlier and some of the comments he's made recently. specifically about you alluded to taking credit. >> i pushed the idea of a managed bankruptcy. finally, when that was done and help was given, the companies got back on their feet. i'll take a lot of credit for the fact this industry has come bac. >> you touched on this a little bit. how do you feel about those comments from governor romney? is he accurate in saying he can take a little credit? >> like i say, failure has no father, success has many. i think the really important point is, whef there's a restructuring or bankruptcy, there are multiple paths to a successful end. this was a difficult decision that was made, again, by two separate administrations, two radically different point of view from a political perspective. and it worked. and jobs were saved. people could send their children
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to college. unemployment was reduced. this is all good for america. and i don't really have the luxury of opining on such matters. the only thing that matters to me, and i would describe myself as a colin powell republican. and i think it needs to be more moderate in the national dialogue. what's important is that the company was saved. and -- >> jobs were saved. >> jobs, our trade position, our manufacturing infrastructure was saved. this is all good. and i don't don't know if it's all that helpful to debate who should get the credit. i'm glad someone -- >> the problem is we're facing a political race in which people are looking at judgment and what you might have done in order to make a decision about the next president, you know, and looking at what decisions have been made and what decision might be made, you know, is a regular and appropriate interest in -- when you're electing president of the united states. you can look at what one did and
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what one said it would have done and that's important, yes? >> charlie, i'm a businessman. you and i have known each other for a long time. kind of my view of the borld is, i'm here to be part of the gm team. and i was dealt a hand, a good hand. and we're trying to do the best we can for the taxpayers of america. >> speaking of america and its competitiveness, you spoke at columbia and you talked about the dysfunction in washington. >> yes. >> what did you mean and what can be done? >> well, think about it. every day you hear, i hear about the debt crisis in europe. to give you an idea the debt to gdp for eurozone is 4% this year. it will be roughly 8% in america. last year, last summer, there were people that were willing to trip and have america default. to me, with 236 years of history in this country, we've had a civil war.
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we've had world wars. we've had depressions. we've had the vietnam war, korean war and never did we come close to defaulting on our debt. we're not a banana republic. we're the united states of america. and i just think our political leadership, both sides, have to find common ground to solve the issues that confront this nation. and right now, there just seems to be too much discussion and not enough action. and if it were a business, we would be provided that luxury. and i think as a nation, our day of reckoning is coming if we don't recognize that we have a systematic problem that needs to be addressed and quickly. >> that, too, ought to be part
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gayle, what's coming up in the next hour? >> we have a full hour. erin moriarty with the latest on the john edwards trial, jack black and kyle, tenacious d, we're going to rise like -- >> the phoenix. >> and the ladies from "the talk." you're watching "cbs this morning." catch us on facebook, twitter, google plus. >> announcer: this portion of "cbs this morning" sponsored by mercedes benz. experience truly great engineering today at your authorized dealer. ♪ ♪ [ male announcer ] not everything powerful has to guzzle fuel. the 2012 e-class bluetec from mercedes-benz. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. and many allergy medicines.
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it is 8 croc. it is 8:00. welcome back to "cbs this morning." i'm gayle king. >> i'm charlie rose with erica hill. the john edwards trial offered dramatic and emotional testimony. now the defense opens its case today, focusing on the law. >> we still do not know if the former senator, presidential candidate will take the stand. erin moriarty has been covering the trial and joins us now. everybody who's watching and taking attention hopes he takes the stand and that rye yeielle r takes the stand. >> on rielle hunter, i'm going
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out on a limb, i don't think she'll take the tand. you take a look at the tone the defense will take today. as charlie said, it will be all about the law. any kind of benefit she could bring to this by defending john edwards, i think the jurors are pfather of her child.e's the he's supporting her. so, i think they may even question her credibility. i would say absolutely not. i would be shocked if they took the stand. >> and he? >> this is so tough. we talk about this -- you know, the normal -- very few defendants take the stand but last thursday when the prosecution put that 20-minute video, the interview that originally aired on abc -- >> which he denied, denied, deny. >> right. even though that really -- much had nothing at all to deal with the issues of the trial, it showed him to be less than honest. but i think what's interesting today is one of the withins that may take the stand is harrison hickman.
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harrison two years ago went on the round of talk shows to kind of be john edwards' spokesman. it was right after he admitted paternity. and harrison went out and said, this is why it was a complicated time. he didn't want to deny paternity, he didn't want to lie but he had to explain it to his wife, explain it to his kids. wondering if that may be part of the reason harrison hickman is taking the stands. i don't think they'll make a decision if john edwards takes the stand until the end of their case. >> to see how it's going. >> what do you make of the fact for the decision what might be called a directed verdict was turned down? >> we talked about this last week. this was really an important time for the defense and normally it's routine and you know you're going to get turned down. in this case i think the defense really felt there was real reason to drop parts of at least two of the charges. and i think it was a real hit. and i think it puts so much more
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at stake, starting today. you know, it's going to come out of the gate with the former commissioner -- chairman of the fec, federal election commission, and they're going to try -- i don't know how much the judge will allow but try to say, there was no law for him to break. >> do you think -- they're coming out of the gate today. but was there a lot of scrambling for the defense? were they trying to redo their plans? >> they're too smart to scramble. but i think they. hoping it would look a lot better. when the judge said, we're going to let this go to the jury, and the law is so ambiguous, to ail law that to go to the jury, now it's going to come down to how the judge defines the law in the jury instructions. >> i heard it's hard to read the jury. they wonder, are they focusing on the crux of this case? >> they probably aren't yet because they haven't gotten jury instructions. i have great faith in the jury.
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jurors always surprise me and they do learn how to focus on the law. you know, we're caught up with what the prosecution wanted us to be caught up, so much is a personal drama. i think at the end the jurors will do what they have to do. >> trial attorneys will tell you jurors take their responsibilities seriously. >> erin, thank you. nice to h a student at an ivy league school just got his bachelor's degree 19 years after he started, but this man is no slacker.
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>> not even close. he fled a civil war to come to america and as tony guida reports, he refused to give up on his dream of getting his diploma. >> reporter: it was a moment he worked two decades for. sunday the 52-year-old columbian university janitor graduated from the school, with honors. >> congratulations. >> reporter: but his road to commencement was far from easy. an immigrant from the former yugoslav yugoslavia, he escaped the war-torn country in 1992 for a chance at a better life. >> i thought, if i am to move from my country, leave my country, the best place to go is the united states. >> reporter: he landed a janitor's job at columbia because it came with 14 free credit hours a year. his title, heavy cleaner, included mopping floors and taking out the trash. >> it was always in my head to
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finish college. >> reporter: first he had to learn english. with his full-time job, it took seven years. then he enrolled in columbia's classics program. studying greek and latin by day, scrubbing toilets by night. >> he's a remarkable human being. >> reporter: professor williams taught him and supervised his thesis on roman philosopher seneca. >> he would ask one question, then another question, then a third question. he was so vibrant in the classroom and so keen to learn. >> reporter: he may finally have his degree but his school days aren't over. >> there is a saying like seneca said, while you teach, you learn. >> reporter: he plans to return to his night job and hopes to enroll in graduate school and one day teach. for "cbs this morning," tony guida, new york. >> every story about someone's thirst for education is heartening. >> because they always tell you, they can never take it away. once you get an education, nobody can ever take it from
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you. i hear he still wants to work. >> i saw another story this morning about some man who was 89 years old, just got his degree. >> shows you, never too late. >> and education keeps you young, the more you learn. it was a celebration fit for a queen and they needed lots and lots of horses for the latest diamond jubilee pageant at windsor castle. we'll take you to the party. and why would a story about high school dropouts be flying off the shelves in south florida? we'll make that a "long story short." you're watching "cbs this morning." ask me. [ male announcer ] did you know there's a new surprisingly affordable tempur-pedic? ask me about my tempur simplicity. [ male announcer ] these real owners are talking about their new tempur simplicity beds.
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the book has readers all sexed up but her sales are going up. she's taking that confusion to the bank. have you read "50 shades of grey"? >> no, i want to. not that i like porn. >> i want to read it. i'm curious about the fuss. >> my co-host on sara gilbert, she's so smart and she's working n a new book and she wants to make sure it sells well. she's going to call it "50 shades of gay". >> oh, thank you very much. i feel like i'm on "snl". "the new york times" wants to solve a rolling stones photo mystery. decades ago a woman showed up with the shoot and wasn't wearing any clothes. she said her name was angel. the photographer who took the picture wants to know who she really is because she's now part of a photo exhibit in a new york gallery. now, if you recognize her, call photographer terry o'neill. you know what, it was the '60s, she probably doesn't remember being there.
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>> but somebody remembers her. believe me, before this day is over, i predict within the next 24 hours, we'll find out who angel is. our cbs phoenix station kpho reports that a teacher from la cota east high school in ohio has resigned over, listen to this, missing prom money. what? officials say the teacher was selling prom tictikets. she may have pocketed $750 instead of handing it over to the children. we don't approve. >> no. when they don't have money for a deejay and have to hum, mm, mm, you know, that's wrong. just wrong. "usa today" looks at the latest thing to go skinny, the slurpee lite, made with splenda. >> oh. >> i like splenda. >> not slurpees. the sugar free mango has 6 calories instead of 26 calories
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for the wild cherry slurpee. and "the huffington post" says "the avengers" has racked up bz 1 billion in less than he three weeks, tying with "avatar" and "harry potter and deathly hollows part two" as fastest movie to meet the mark. julie, you've got some moves. i'm impressed. >> dance with me. >> look, i don't have moves. i have something for you -- ♪ julie, julie, julie do you love me ♪ >> now you'll be charged for singing that. >> when i was a little girl i wished someone would make up a song about me. i love that song. >> we have to find a song for you. >> in 57 years i've never found one. julie chen is going to stick around because you and your colleagues, women of "the talk" are going to be here today. >> we cannot wait to have the
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jack black and his buddy kyle gathave been making music since 1994. first album sold 3 million copies. welcome. >> wow, i didn't know that. triple platinum. >> worldwide. we should clarify. >> with those numbers you can't say mock rock. people are buying. critics might have had fun at your expense in the beginning, but people are definitely buying. >> well, we have done our fair share of mocking. along with that, as you say, true rocking has occurred. we take it seriously. we rock as hard as we can. we like to think we rock harder than anyone out there today. >> has all of your fame added to all of the anticipation for this album? >> has it added? added to the anticipation? >> jack? >> oh my fame? >> yeah. >> i'm thinking movie star. >> it might have hurt. >> how has it hurt? >> my movies are on the softer side than our rock facade. >> the image they get from the
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movies does not fit with the image they get from the lyrics? >> that's right. people have, i think, come to adjust to the fact that there are two jack blacks. i'm sorry to speak about myself like that, but -- >> when you sit down to write the lyrics, because gayle leaned over to me this morning and said, look at this. she had it on her cell phone. she had the lyrics on her phone having to deal with anatomy and other things. so, when you sit down to write these lyrics -- >> it was pretty graphic, guys. >> what were you thinking? >> that's a good question because i am curious about the motivation and the lyrics. >> a lot of that comes from improvisation. a lot of times we just press record and this is what comes out. >> jack, are you comfortable? >> are you showing off there? >> did it look like i was showing off? i was just trying to relax and take in the question. the answer is, we release. we press record, kyle jams a rif and i try to let go and let
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loose the beast in my i don't think about if it's a dirty lyric. >> it's a dirty lyric. you two enjoy performing together. all kidding aside, you do like the music and like performing, true? >> we do, we do. >> we do. >> because? >> there's no -- i don't want to say release too many times but there's no release quite like it. when we take to the stage, you know, television and film is fun, but that live performance is so -- >> exhilarating. >> exhilarating. >> if someone said i'm going to take away one of the three, television, music or film, which one would you give up? >> oh, television. come on, that's an easy one. >> this is their bread and butter. >> oh, sorry. >> they're all one in the same
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really. but the rock is the key ingredient for "d". >> cut 39 did sound bruce springsteeny-like, with no disrespect to the boss. is that what you were going for? >> yeah, there's a little bit of that. there's a lot of that gruff, wise old man voice i tapped into. >> give us a little thing. >> what is it? ♪ 39 but you still look so young not very young but a lot of fun ♪ >> yeah. >> you got it. ♪ 49 i'm feeling fine ♪ drinking would it wine >> would you come on the road? i would love you as a backup singer. >> i feel like you've got the skill. >> when are you on stage again? >> we are going on world tour starting on the 23rd of may in santa barbara. >> there you go, santa barbara. not far. >> i know people in santa barbara. >> we have to go. tenacious d "rize of the fenix".
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we're open to all-new ways to save you money. denny's. after seven years, brad and angelina are engaged. >> i think it's nice they're finally getting married. now they can finally think about, you know, having some kids. >> i dare you to watch "the talk" and not come away with a chuckle. welcome back to "cbs this morning." the women of "the talk" are always entertaining, always smart entertainment. they're in new york city this week but we have them in studio 57 first. the show was recently dominated for not one, not two, not -- three, four daytime emmys. >> three? >> very graceful. >> during a break sharon said four. sharon, i'm going with four. thank you. >> thank you. >> welcome julie chen, sara
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gilbert, sharon osbourne, aisha taylor and sheryl underwood. julie came in, hi, larry. hi, doug. how does it feel to be back? you were never in this studio but on this show. >> exactly. it feels like home. that's what's weird, to see like my old family from "cbs this morning" and the "early show" days in a new space. >> we're delighted to have you guys. right before we went on, chris, our executive producer says, this is an historic moment because this is the first time all the table, all the chairs have been filled. >> yea! >> so, congratulations on the emmy. when you heard you were nominated, i'm thinking the big one is, best talk show. you thought what, sara? sara, this all started with you, missy. this is your brain child. >> i guess. it's really evolved into something and bigger than what i could have managed with this team, our production team and all that. i was stunned. i just wasn't -- i didn't know
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nominations were coming out. i wasn't waiting for it. i wasn't expecting it. i'm still -- >> did you really not know they were coming out? >> i swear i didn't know. >> really? >> trust me, she didn't know. >> really, that's true. >> julie, you knew? >> no, i didn't. >> you didn't know they were coming out? >> we were all really salon. >> i heard it at the dmv and the swap meet. >> i remember pulling into work and they said, did you hear? i thought it was bad news. i pulled in, did you hear? who?? when? >> i thought i was fired. >> let's just say congratulations because, knock on wood, so far so good. congratulations to you, sharon osbourne. i love -- listen, it's my heart's deepest desires i'll live long enough to see my grandchildren. you have a new baby, your first grandchild. >> my first grandchild. >> pearl is her name. >> yes. everything's pearly. >> your trademark. >> and i just couldn't be happier. for me, it's one of the blessings of being as old as i
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am because you think, oh, it's downhill when you get to this age, but it's not. >> i'm trying to imagine sharon osbourne as a grandmother, what kind of grandmother you'll be. >> i'm terrible, aim disgusting because i spoil. and whatever pearl wants to do is fine by me. >> so, we thought we'd have fun today because what you all do, your show is full of topics. let's throw out a few. john edwards, rielle hunter, it's moving to defense. does he take the stand? i wish he would. you take it, sheryl. >> i think rielle needs to tell what they were snuggling up talking about, and clarify, was he scared of his wife or did he use some of the money? we want to hear from the mistress. >> who believes -- >> sheryl, sheryl, i have to say, it is so funny to look at you close to close because on the show you always joke about looking like wesley snipes. >> absolutely.
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when you going to pay your taxes? >> and until you said it, honest to god, i never thought about it. i never thought about it. >> you know what -- see, i have to get beautified because fine charlie rose was up here. charlie, hey, hey. hey, hey. >> he wanted to, but there wasn't enough room. >> on your knees. >> it will be worse -- >> it will be a cbs love fest. >> sheryl, what is it that attracts you to charlie rose? i would like to talk about this. what is it that attracts you to charlie rose? >> he, first of all, his debonair status, you talking about walter cronkite, that's carey grant as walter cronkite. you take us down the hall -- >> did you say have you to hit
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>> did yhat, talking about char rose? >> yes, he's loveable. >> just give him a kiss. >> absolutely. >> is he married? does he have someone to love? >> oh, he's not married. >> i think charlie's okay. >> what does charlie do? it's going to be cute and they're going to be like, why is charlie rose -- he's so progressive. now the president has come out with gay marriage, charlie has now declined to marry what he likes. what is happening in america? >> biracial babies, i have some in my family -- >> we can't have no babies. if i'm pregnant, there better be three wisemen at the door because it's christmas. and me and charlie are too old to have a baby. it would probably come out as an adult. >> i think we should just keep playing with this. charlie, how are you doing? charlie's like -- >> all i can say is, go girl! >> oh, that's what i'm talking about! woo!
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that's my boo. >> you know, charlie rose has swagger. >> you know it. >> we going to the 4040 club and drink them under the table. >> i've never been called my boo. julie, save me. >> i have no control. i cannot. >> julie, you do have control. this is the thing i've always wondered because julie is the boss's wife, we can say respectfully, and i wonder what is it like working with the boss's wife. >> amazing. >> it is. >> i told you she was smart. >> no, let me tell you -- >> no, i would like to know. >> we didn't know each other. and then, you know, we just started the show together. and you always think, always think, because it was the same for me being the wife. why did she manage him? it's just his wife. she's always there. and he's going with that little
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seed of doubt, but we all say, julie is the best, best, best. she's our captain. she's our anchor. >> okay, okay, but -- >> i better not make her mad because she might tell les moonves. >> no, no. >> i was the last person to come into the show. i had a different kind of trepidation, you're getting on a moving train, you don't know the dynamics. and -- >> you fit in. >> well, i feel grateful for that. i will say, everybody was so kind and it was such a great place to be. and you will never meet anybody who makes fun of themselves more than julie. she has a very naughty mouth off camera. >> julie, i saw you with a big natural wig -- >> and looked fierce. >> and she's got moves. >> oh, yeah. >> and i think when you -- it's a group of people -- >> i'll do this, too. >> everybody wants to do good work. there's no ego.
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no one is more game than julie. we don't want julie to think i'm dressing up and i'm the biggest in front with the afro. she's always down. >> she does seem to like to play.& can when aisha said, gayle, you look so good about and i said i didn't make the top 100 list. >> most beautiful. >> did you see the list? >> most beautiful. >> she made most beautiful. >> yes, she did. >> i don't have an answer for that. >> you can just say thank you. i understand, before you came, sara, julie said she's working on a book called "50 shades of gay." are you gay? are you gay? congratulations. >> she's extremely gray. >> congratulations. when we first started working together, i said to sara how proud i was with her, she's out have day, people get to see somebody who's a role model in television every single day. >> absolutely agree. life, she speaks freely.t of he-
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>> i didn't mean to be out before this interview. >> really? >> congratulations on your success. worry glad you're in town. and i guess i'm coming to play with you on wednesday. >> yea! >> i'm going to buy a new dress. all this week "the talk" comes from new york city live and in color. it's at 2:00 eastern/1:00 central right here on cbs. you guys are in our "eye opener" a lot, you know that? >> yes, thank you. >> i watch every single morning. queen elizabeth has traveled all over the world. but last night she was at windsor castle. the world came to her. we'll check out the diamond jubilee festival. sharon knows about that. and we'll be talking to tom selleck and jane lynch, but
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queen elizabeth's diamond jubilee is picking up steam. last night performers from all over the world got together at windsor castle. the queen loves horses and the colorful paj egeant featured hundreds of them. elizabeth palmer is outside of buckingham palace. good morning. >> reporter: last night the weather was absolutely perfect for those people who were lucky enough to get an invitation to the diamond jubilee show. ♪ >> reporter: the queen made her entrance in a coach for what was basically a variety show, but on a majestic scale. ♪ >> reporter: hosted by the oscar-winning actor helen mirren. >> six months after the
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corronatioin in 1953 a marathon of state visits started with bermuda and went on to include 11 other countries. ♪ welcome welcome >> reporter: back then the 27-year-old queen elizabeth embarked on her first official world tour. ♪ welcome to bermuda >> reporter: now after 60 years on the throne, the world has come to her. ♪ >> reporter: britain's own best talent was joined on the grounds of windsor castle with accounts from across the commonwealth, the united states, and around the globe. in all, 80 human performers and
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500 of the queen's special passion, horses. in a festival that sets the stage for a glittering summer of celebrations for her diamond jubilee. now, the british royal family does pomp like nobody else. and over the next few weeks, there's a whole series of public events planned to celebrate. it will be a great time for anybody planning to visit london. >> lots to see and do. plenty of festivities but two people we watch for, wills and kate were not in attendance? >> reporter: no, they weren't. they were busy elsewhere. the duchess of cambridge went to watch her husband and his brother. the two princes played polo in a charity match. and then in the evening they went to the royal albert hall where the british olympic athletes were assembled. the diamond jubilee is not the only big event in london this summer. of course, the olympics are
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going to be staged here. so, this gala event last night at the royal albert hall was a countdown to the beginning of the games. as usual, kate made a total fashion splash in that rather daring, actually, teal dress. >> stunning. >> elizabeth, i didn't catch the end of what you said. you said something about anybody coming to london is what? what did you say? at the very end. >> reporter: there will be all -- the wonderful public events. and just royal celebrations that will be available for people who just happen to be here. >> okay. thank you, elizabeth palmer, reporting live from london. guess what, erica hill, who's going to happen to be there for the queen's jubilee, we heard you're going. >> we are going. we're going to be covering the jubilee for "cbs this morning." we'll have interesting tidbits for you. >> you were there for the wedding. going back for the queen. i like it. >> next is my invitation to tea,
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i'm eating what i know is better nutrition. mmmm. great grains. search great grains and see for yourself. coming through that gateway. there. right there. god does not build in straight lines. captain, do you think you could put us down there? >> landing sequence. switch to manual. >> yeah, baby. yeah. bringing it down in five, four,
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two, he got it. >> we have landed. >> the new science fiction movie "prometheus" features idris elba as a captain of scientists. >> he first got our attention in "the wire" on hbo. now in studio. good morning. >> good morning. that long ago? >> i know. i used to watch you. you were such a bad boy. you were so bad but so much fun to watch. is it idris or -- i called you idris for years. >> idris. >> people love "the wire", it had everything. a wide following, it had a great critical review. everything. >> yeah and continues to get new audiences as well. it's great writing. >> you know what was fascinating about it, the first time i saw an interview with you, i thought, why is he talking with
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that british ak seccent. is an american accent so hard? you do it so well. >> it's increasingly hard because people know i'm english. it's like, i hear it. i'm doing an accent right now -- this film "prometheus" i do a southern dialect. >> let's hear it. >> no. >> no. you can't put me on the spot like that on tv! but, no, this journalist said, you got a good ol' boy accent in that film. that was so funny. >> that should be a compliment, though. >> yeah. >> that would mean you nailed it. >> but it's not easy to do accents. i've lived in america 15 years. i feel like i'm part of the country, the fabric, so i can get the accent easier. >> you wanted to do this because i heard you get a call from ridley scott and it can be life-changing, game-changing in your career but this is the second time you worked with him because i remember you in "american gangster." so, you get a call afrom ridley
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and you're like, i'll do whatever you snpt. >> no, he said i'm doing a sci-fi film, and i want you to be the captain of the ship. i didn't care what it was. i was doing it. i read the script and i loved it. he's such a gentleman. he's such a majestic director. he's really warm. he knows everybody's job. he knows where you're going to fit into the film and how. autos a great director. >> where did you film it? >> in london. >> pinewoods. >> that he owns. >> i think he used to own. >> up next you're heading to south africa playing nelson mandela. and as i understand it, he suggested you for the role. >> he did, yeah, yeah. i don't want to say his name. there was a great actor going to play the role for years. >> give us the initials. >> d.w. >> denzel? >> nothing gets past charlie.
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>> he was going to do the role and i'm not sure if that worked out. you know, this is -- mandela was in no rush to make this film. and eventually d.w. didn't to want do it or whatever, and, you know, the mandela foundation suggested me and mandela said yes. >> how did you feel, though? >> you know, how do you feel? this man is an icon, one of the most famous human beings -- >> and it's based on -- is it his autobiography? >> yeah. so i go to south africa for about 17 weeks to do that film. >> and i'll go see that one, too. >> please. >> good to see you. >> "prometheus" opens in theaters june 8th. we'll see you tomorrow on "cbs this morning," with any luck.
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