this guy's amazing. >>> we haven't told andrew ross sorkin that we're looking in on his live shot. t's our dear friend, best-selling author andrew ross sorkin. he wrote "too big to fail." and i'm afraid that hat is too big. >> the sequel was going to be "too stupid to wear." >> i love andrew, but you know the -- >> give me -- >> he has no idea we're looking at him right now. breaks every rule of television putting someone up -- >> sorry, andrew, but yeah, you asked for it. >> that was yesterday morning on "morning joe." here with us now to defend himself somehow with that hat, our good friend, columnist for the "new york times," co-host of squawk box. what's the deal with the hat? >> reporter: willie, first of all, it was actually a joke. there's a hat competition here in davos. and last year i wore this hat and i won. and i should also tell you, actually, about a year ago, actually, leaving "morning joe" one morning, i was wearing this hat, brian williams walking into "30 rock" and looked at me and he said, you know, andrew, they make that hat for men too. >> can we see the shot ag

let me go to andrew ross sorkin.eporting on this is it hard to figure out what the net effect of bain capital was? was it destructive or constructive for american jobs? >> you know, the hardest part, now covering this industry for the past decade or more, it is very difficult to actually ascertain whether it's destructive or constructive. having said that, i think mr. romney, governor romney has made job growth part of his platform. he has put out there that he has created, as he likes to say, more jobs than president -- in the private sector than he says that president obama has created in the public sector. as a result of trying to take credit for that, he then has to answer for all of the jobs that were lost. that becomes the issue. we had mitt romney on the show this morning. and we talked about this issue. and the question becomes actually, does he deserve credit for either of them? ultimately, i give him credit for starting bain. and being a good investor. but that's what he was. he was a good investor. did he

i'm andrew ross sorkin.rkets are moving high on optimism talks to restructure greece's debt are moving toward a successful conclusion. the optimism boosting the euro and putting it on track for its best monthly advance versus the dollar in october. pfizer reporting a quarterly profit of 50 cents a share excluding certain items, three cents above estimates. it did lower its fiscal 2012 outlook seeing earnings of $2.20 to $2.30 per share compared to analyst estimates of $2.30. latest data on home prices is about 90 minutes away. they're expected to see a 3.2% drop in year over year prices in 20 largest u.s. housing markets. becky? or perhaps joe, we can talk pfizer. >> i guess we can. yeah, what was that, 1841? >> zxavier, i don't know, i wasn't looking. >> xavier and new orleans as well so i'm sure it started by the same order. >> right, exactly. the world's largest pharmaceutical companies out with quarterly results and it wasn't 80, i think 47/48 was the highest pfizer ever was but multihundreds of billions

i'm becky quick along with joe kernen and andrew ross sorkin.tor johnson. in asia there was a sell-off there. >> european union leaders meeting today in brussels, expected to sign off on a permanent rescue fund for the eurozone and agree on a balanced budget rule and national lesion. greece's prime minister seeking backing from party leaders from a unpopular reform package, a long awaited debt relief deal seems almost secured. international leaders want proof athens will take reforms before they handle funds from 130 billion euro bailout. and thomas & betts acquired for about $3.9 billion, that's a 24% premium over the stock's friday closing price and the highest price that the stock i think as you said, joe, has ever been. >> right. >> joe? >> gop front-runners mitt romney and newt gingrich hoping for a decisive victory in tomorrow's florida primary. joining success kellyanne conway, senior adviser to the gingrich presidential campaign. you saw that we had her in a, paired in a smackdown for the ages with kevin madden, but kevin's not here. i t

. >> andrew sorkin: well, the greatest challenge to their business is that it's unclear that it's defensible. >> stahl: andrew rossal columnist for the "new york times" and host at cnbc, says the biggest downside is how easy the model is to replicate. >> sorkin: there are 500 other competitors out there that all want to do and be groupon. amazon is getting into this business. others are getting into this business. >> stahl: google. >> sorkin: google is getting into this business. >> stahl: giants. but what andrew mason will tell you is that, so far, they've killed them all off. so far. >> sorkin: so far, they have spent an extraordinary amount of money to market their business so that they've been able to beat back a lot of the competition. >> stahl: right. >> sorkin: the question is if you're spending as much money as they are, whether you can actually create a profit long term. >> stahl: that's given rise to doubts about the very sustainability of the company. for one, they spend more money than they take in on such things as wooing new subscribers. and it's expensive to employ 10,000 people. by contrast, facebo

>> that andrew ross sorkin cannot go home and face his children. [ laughter ] thanks to you. >> joe, what did you learn? >> and i learned that washington, d.c. should follow howard dean and me when it comes to keeping debates -- i love you, howard. >> lot, if it is way too early, willy, what time is it? >> it is "morning joe." stick around for chuck todd. >>> thank you, gentlemen. moments of encouraging news on the economy appears to be sinking in with the american public a preview of our upcoming nbc news/"wall street journal" poll finds americans more could have dent about the administration and the country's direction. year-high spikes. how much will president obama benefit politically if this optimism continues? >>> and the florida race, it is neck in neck, newt gingrich, mitt romney, they hammer each other on immigration as they court florida's key cuban population. >>> also, gingrich takes heat for past infidelities, romney struggles to defend as well. >>> and do we really need a colony on the moon? tonight, the candidates take their fight to another debate. we will have a prev

chris is a former republican congressman from indiana who runs the club for growth and andrew ross sorkine, i wouldn't have expected it. i think it's a perfect storm. i think newt gingrich is an on that don that due nis. i think saw the documentary and he has money to pay for asd. he aboput it together and said here's the way to stop romney. what do you make of it? >> i think he is helping obama. i don't think it is an unexpected attack. i think it is an up expected source and i disagree with the substance of the attack greatly source and i disagree with the substance of the attack greatly. but in a weird way he may be helping romney. romney knew this was going to come. it gives him a practice round in south carolina where the establishings may be lower in the sense that if he can't rebut these in south carolina, in the general laeelection, he would probably have no chance. and obama gets to watch his response and he gets to hone his attack based on how romney responds to gingrich. so i don't think it's a surprise on any business person running for office. they'll all be accused of these

i'm becky quick along with joe kernen and andrew ross sorkin reporting live from davos once again. y to go on this friday. andrew, what

i'm becky quick along with joe kernen and andrew ross sorkin who is back from davos.

i'm becky quick along with joe kernen and andrew ross sorkin.trading day left in the month the dow and s&p are on track for

we haven't told him we're looking at the live -- that's our dear friend andrew ross sorkin. , but -- >> i love andrew, but you just know the beating he took as a kid. >> he has no idea we're looking at him right now. it breaks every rule on television. >> i like that. >> sorry, andrew, but you asked

we haven't told him we're looking at the live -- that's our dear friend andrew ross sorkin. , but -- >> i love andrew, but you just know the beating he took as a kid. >> he has no idea we're looking at him right now. it breaks every rule on television. >> i like that. >> sorry, andrew, but you asked for it. what did you learn today? >> joe and mika leaving us in the lurk, we can film "risky business 2." >> i learned if you want a spike in ratings film what we're talking about off camera when mommy and daddy are not here.