evening with katherine boo, author of "behind the beautiful forevers", a book about the people in one mumbai slum. >> since i right about a-- write about a kid, a 13-year-old scavenger, he collects gar beige he finds in the street and sells it by the kilo. and what the kid like that you can't stick a tape recorder in his face and say-- . >> rose: who are you. >> who are you and what dow believe. but you know, and what is your philosophy. but he has one. it just takes a lot of time seeing him work, talking to him, getting to know the choices he makes to see what that is. and then when you do see it you can write about it with genuine conviction because it's not something somebody said. >> rose: authors charles murray, robert harris and katherine boo when we continue. funding for charlie rose was provided by the following: additional funding provided by these funders. and by bloomberg a provider of. from our studios in new york captioning sponsored by rose communications charles murray is here, the wh brady scholar at the american enterprise institute perhaps best known as owe co-author of the

i was on hand this past year to open up trade offices and agricultural offices in new deal hee, in mumbai, in shanghai, and in london. to be able to sell virginia products around the world and create more good jobs here at home. our trade missions are getting results. just last month alone, one ship left chesapeake, virginia, and delivered $25 million worth of soybeans to china. two weeks ago, another vessel began the same journey with another $25 million worth of soybeans to china. from brunswick to beijing, that's how we're going to grow our economy in this global marketplace. i want to thank delegate steve landis in his leadership to gettingny funds to grow agricultural exports and create new jobs. working together, we've eliminated $6 billion in budget shortfalls. not by raising taxes but by reforming government and reducing spending. we turned two massive budget deficits into nearly $1 billion in surpluses during these last two years. and i would say these are all collective, bipartisan accomplishments. virginians charting a fiscally responsible course to a brighter future. but ladie

in this swanky mentioned in mumbai lives three generations of the family. they decided to carry on their father's multibillion-dollar steel business. it is not a personal but practical. having a network of clients is invaluable. >> you have been watching news day. thanks for watching. stay with us. headlines and asia business reports are on the way. we will see you shortly. >> make sense of international news. bbc.com/news. >> funding was made possible by -- the freeman foundation of new york, stowe, vermont, and honolulu newman's own foundation and union bank. >> at union bank, our relationship managers work hard to understand the industry you operate in, working to nurture new ventures and help provide capital for key, strategic decisions. we offer expertise and tailored solutions in a wide range of industries. what can we do for you? >> "bbc world news" was presented by kcet los angeles. 

and there's another problem, explained by our correspondent in mumbai. where is india's reputation?> some are suggesting, a couple of ministers here, are saying that the supreme court is showing that india is dealing with corruption. on the other side, there may be companies still thinking that it is not all sorted out yet and we need more short -- more assurances. we need more of the bigger names of ministers to held -- to be held accountable for this. >> what about facebook? >> what did we learn from this deciding to go public? >> the thing i cannot understand is that he is 27 years old. and he started it in his bedroom >> he controls about 54% of this company. we have learned something about his profitability, $3.7 billion in revenues every year. it is not as much as some people thought he would be making. also, there is the thought that this is about a social mission. making the world a better place. >> i think he wants to change the world. he put out a statement saying that there were interested in opening this. it seemed he was saying things were going to go my way. we will ha

water piped in for fountains, and musicians flown in from mumbai, the entertainment capital of india;estrated like a bollywood movie set. the families spent over $200,000 just on gold. hidden in the corner, behind a curtain, was the other india-- a full kitchen that could have been from another age with a staff who earned about $2 a day. they prepared enough food to feed the more than 7,000 people invited to the reception. guests came to wish the couple well, not to mention it gave everyone a chance to break out their finest gold jewelry. >> chauhan: the gold will show off the prosperity and the stand of the family in the society. >> pitts: is that vanity? what is that? >> chauhan: it's not vanity. it's just something so culturally ingrained in us that you can't have reasoning around it. >> pitts: an indian bride is usually given jewelry by her parents, gold they started buying when she was born. it's her financial security after she joins her husband's family, gold she'll control throughout the marriage. with three-fourths of indian marriages arranged, the bride's gold can also carry

instance, today, an artist drawing in new york has more in common with another artist living in london or mumbai- they are big capitols, big cities, in which a lot of things are going on-- then someone painting in chihuahua, you know? so rural, urban, global connections are changing the way we think. so perhaps the labels will be urban artists versus rural artists at one point or another. >> hinojosa: so if there is a young latino artist, or any artist, your message to them is what, as they're watching this and they're saying, "look, that's a huge art world, there's no way i can compete"? as director of el museo del barrio, whato yowanthe young people who are thinking about the arts, what's the message? >> the message, i think, is contemporary art really is a translation of what people are living. so i would recommend, go to see all the galleries. galleries... i mean, if you're living in a city like new york or boston, or that there are galleries representing artists, go to all the shows. they're free, and you can enter. you can even sometimes sip a little bit of wine in their opening. go and se

we're joined by the managing director of a multi-family investment firm based in mumbai india. i think it says a lot about the conference, just the fact that it's here. it's the first time in ypo's history that the conference is in asia, and we look at the growth in the world. gdp growth, 14.5%. you say it was a disappointing 6%. in america we'd to love have 6%. why do you call that dispiemting for 6% in india? >> i think we need to grow it upwards of 8% to grow the dividend that we have. i'm sure you're aware that a large percent of our population is under 25 years old. that's great if we find jobs for them. if we don't. that's a problem. to find jobs we have to grow it upwards of 8% a year. >> what happens? why did you not get the 8% growth? >> brian, i'm not at all is surprised. in talking with my fellow colleagues at ypo, as you know, a bunch ceos, it's not moving. many investments have been stuck for quite a while. that's a result of all the scandals that have broken out for the last couple of years, reaching out to the top government. you're probably aware of the telecom s

they are in mumbai and banged the lord. they have the finest computer system in the world -- host: i think that we understand the direction of your story and frustration i am working with the banks. your response? guest: the caller has obviously researched this thing much more than others. sometimes, when you run into a problem, you become a pretty good student of the problem. he clearly has. i think that he is right. the heart of the problem is in the servicing center. banks, if they own the mortgage, if they retain the mortgage, you can get a modification. once you fall into the service contract, it is an endless number of needing documents, losing documents. i know so many people who have wound up in the process of trying to modify their mortgage and they get foreclosed upon. this gets their attention. i think that the caller is right in identifying the problem as being the servicers. as i said earlier, that is where the services need to be. >> -- host: back to twitter -- guest: well, the banks have record profits. they h

and i was on hand this past year to open up trade offices in agricultural offices in new delhi, in mumbai, in shanghai and in london to be able to sell virginia products around the world and create more good jobs here in. trade missions are getting results. just last month alone one ship left chesapeake virginia and deliver $25 million worth of soybeans to china. two weeks ago another vessel began the same journey with another $25 billion with the soybeans to china. from brunswick to beijing that is how we are going to grow our economy in this global marketplace. i want to thank delegate steve landers for his leadership in getting those new funds to grow our agricultural exports and create new jobs. working together we have eliminated $6 billion in budget shortfalls not by raising taxes but by reforming government and reducing spending. we turned to massive budget deficits into nearly a billion dollars in surpluses during these last 10 years. [applause] i would say these are all collected bipartisan accomplishments. virginia is charging a fiscally responsible course to a brighter future.

in a swanky mansion in the center of mumbai, three generations of one family. hey decided to carry on their father's multimillion-dollar steel business, which is also a practical. having the network and clients is invaluable. >> in order for it to be established, you really, really need to be committed to it, and it just so happens that they are more committed to their own business than outsiders. >> the brothers say they do not argue, but there are many documented cases of family businesses equaling family splits. even so, the tradition of keeping it in the family is set to keep people in the money in india. bbc news. >> ukraine has heavy snowfalls continuing to affect much of the country. officials say more than 100 people have now died from the cold, more than 2000 people treated for frostbite and hypothermia. there was a cargo ship on tuesday after people became stranded in waters. >> attracting over 30,000 visitors from around the region, and with stock market's falling in asia in the double digits last year, investors are now turning to the art world. a re

the people who chronicles live in the mumbai slums whose centerpiece is a lake of raw sewage.ts mostly earn their meager existence by picking garbage and reselling what they can. booth spent three and a half years there, and the picture she paints, the details she presents are truly compelling. now for the last look. for those who are worried last year that the s&p downgrade of america meant u.s. debt would be worthless, here is perhaps the ultimate proof that you were wrong. no greater moneymaking institution than the mafia is bullish on american bonds. anti-mafia prosecutors in europe recently confiscated $6 trillion, yes, that's trillion, in u.s. bonds from safety deposit boxes in zurich. now, what was the problem? well, just one small one. they were fake. what fascinating fakes this were. some were in denominations of $1 billion each and record a date from 1934. the u.s. treasury says the bonds were obviously fake. the highest denomination they've ever printed with half a billion dollars, and those weren't printed until 1955. if they had been real, they could have paid off

and i was on hand this past year to open up trade offices in agricultural offices in new delhi, in mumbai, in shanghai and in london to be able to sell virginia products around the world and create more good jobs here in. trade missions are getting results. just last month alone one ship left chesapeake virginia and deliver $25 million worth of soybeans to china. two weeks ago another vessel began the same journey with another $25 billion with the soybeans to china. from brunswick to beijing that is how we are going to grow our economy in this global marketplace. i want to thank delegate steve landers for his leadership in getting those new funds to grow our agricultural exports and create new jobs. working together we have eliminated $6 billion in budget shortfalls not by raising taxes but by reforming government and reducing spending. we turned to massive budget deficits into nearly a billion dollars in surpluses during these last 10 years. [applause] i would say these are all collected bipartisan accomplishments. virginia is charging a fiscally responsible course to a brighter future.

they're in mumbai and they have the finest computer system in the world, and -- >> host: i want to jump in. i think we understand the direction of your story. you're frustration with working with the banks, reselling of your mortgages, delay in processing. your response. >> guest: i want to thank the caller. he obviously has researched this thing much more than other people. >> host: he is trying to do it. >> guest: yeah. sometimes when you run into a problem you become a good student of the problem, and he clearly has. i think he is right. as i mentioned earlier, the heart of the problem is in the servicing sector. the banks, is a already pointed out, if they own the mortgage, they retain the mortgage, you can usually get a modification, but once you get to that servicing trap, it's an endless number of, they need another document, and so many people have ended up in the process of trying to remodified, get foreclosed upon and we've even gone public sometimes and then that gets their attention. but i think the caller is right in identifying the problem is being right there with the ser

or an electric car battery factory in memphis, tennessee, instead of mumbai, india, or a wind turbine manufacturer in san jose, california instead of san palo, brazil. this is my vision for an energy america that is energy independent. a stronger, more innovative america. and i know you all want the same thing. that's why i'm here tonight floor today, because i know we can't continue to get by with piecemeal energy policies. we cannot play red light, green light with our tax incentives as we are doing this year. and that is why we have to put them in place again. what we need now is a comprehensive national blueprint for energy policy in this country, a solution that preserves the integrity of our air, of our water and natural resources, that gives businesses the incentives to research and develop new sources of energy that invest in the next generation of american innovation. that is our challenge. it's not going to happen overnight, but i believe that we will get it done. we have before. we will do it again. one way to start is to make sure that we extend these energy tax credits. t

turn on those assets, the event authority by what we are reimbursing mumbai use of the assets is discounted by a 11%. that's a difference in methodology. baer investment earns 11% interest. >> i have a question to clarify. is it because budget and less use an estimate that we are now at 88 million and we would not -- i hear that correctly? >> that represents the estimate. the budget analyst recommends we reimburse them based on an estimate rather than actual. the actual cost may be higher or lower. one benefit to move to an estimate model is of helps us -- >> this is now on a fixed level for us. even know it's not based on actuals to move up and down. >> the payment options are fixed. what that cost is from estimate to cost to reimbursement, that is an area where at the $88 million estimate, we may say we would want to exercise a buyout option to maintain pier 29, but if those costs raise in that 10- year window or the actual costs is much higher than the estimate, we would not want to consider that option. >> i think at one time, many versions ago, we were concerned this was an unlimited amount that was actually more dang

in the car, his six-year-old daughter. >> narrator: for seven weeks, razim heard nothing more about his son. then, suddenly, the boy was returned. he was terribly ill. he died two days later. >> next timfrontline... >> mumbai has been hit, and hit hard. >> david coleman headley was a specialist in constructing a blueprint of the killing zone. >> a dream come true from the perspective of a terrorist group. >> a sociopath, evil... >> a u.s. double agent... >> did they ask him about his work for the u.s. government? >> we were told by the u.s. that is not to be asked. >> "a perfect terrorist," a frontline/propublica investigation. >> frontline continues online. learn more about the opium brides problem and the politics of poppy eradication. watch frontline's other undercover reports inside afghanistan, and hear from a prominent former u.s. official about why he believes drone strikes in pakistan may be counterproductive. >> in a sense, we have helped to bring about the situation that we most fear. >> follofrontlion facebook and twitter, or join the discussion at pbs.org/frontline. >> frontline is made possible by contributions to your pbs station from viewers like you. thank you. and by the corporation for pu

facebook is an interesting mumbai brackett the publishing company, and so how it interacts with apple and amazon in particular interests me. last week or two weeks ago apple comes out and announces the will have magazines and charge publishers 30% and then they see we will do the same for 10%. how are the kind of responding to the marketplace? >> google has so many competitors. think about the fact they now have a mobile phone company so nokia is a competitor and so is apple, and so is blackberry so that's one market in much it has an intense competition. in the area of publishing what google is involved and build a bookstore but it's also trying to offer sales and access to electronic versions using the system, and there's deals they negotiate with vendors and publishers are forming -- thorny. i'm not upset the university libraries are suckers and went to this corporate welfare deal without getting enough out of it if google months to do this and pretty cool things that make money from at what they are doing in the periodicals and with books is undermining the position that amazon has been for a n

mumbai and singapore. and that allows us to understand just how -- it is difficult to get to this 100% scanning issue. in fact, as we just learned and we've known for a while that it's just 5% or so that we scan. and i understand the layered approach. i was one of the people who pushed the c-tpat for example. but still there's some uneasiness at least for me about relying on the manifest for majority of what's going on and just looking for abnormal patterns and risk analysis towards that, and then taking a look at that. so i think we're -- i think it's very difficult to get to 100% screening, but at the same time, there's still a lot out there that we're missing. for example, it's my understanding that of the cargo at container security initiative ports determined to be high risk, customs and border protection scans are otherwise resolved 96% of the shipment that goes overseas. that meansing that 4% of those or in fiscal year 2011, a little under 2,000 shipments were high risk car goep that weren't examined before they arrived to the u.s. somebody who lives 20 minutes away from long beach la port, that's

in india. the managing director s.a.p. india joins us live from mumbai. good to have you with us.e focusing a lot on the eu/india summit. what are you hoping to see that could benefit you? >> well, we continue to work closely with our -- many of our cu customers in india to grow their business overseas. anything that facilitates that globalization of indian corporations is very positive for us in india. >> as the european company doing business in india, what are you most frustrated about? what do you wish -- is there a wish list about the sort of changes you want to see? >> well, we're a european company but i would say in india we're very much an indian company and i think we're absolutely bullish on india. we just came off of the triple digit growth last year in india, so we're excited about the potential here and we really don't have a lot of frustrations. we just see lots of opportunity and we're really delighted to be in india supporting indian customers. >> we've seen how the indian government has been reluctant to open up the retail sector to foreign investors. what about

mumbai. i've been to madrid. i've been to london. i don't want to have to visit sites like that here in the united states of. >> reporter: zeta quietly follows a trainer with two pounds of plastic explosive strapped to her ankles. in real life zeta's alert might have been just enough warning to give a separate police team a chance to take her down before she explodes. at union station bruce leshan, 9 news now. >> amazing animals and, in fact, the trainers of these vapor wake dogs say those animals can enter a room and pick up a scent as much as 15 minutes after the explosives have passed through. >>> coming up a look at whether to spend or save your money on id theft protection. top? >> it's getting a little bit chilly but not crazy cold. we'll show you temperatures, primarily in the 40s, 46 andrews, 49 downtown, mid-40s in gaithersburg and frederick and leesburg, upper 40s manassas. we'll come back and talk about milder air and tell you when the next cold snap rolls in. >>> up next this picture has been shown around the country, where police finally caught with the rolex bandit. >>> don't forget we're always online at www.wusa9.com.

facebook is an interesting mumbai brackett the publishing company, and so how it interacts with apple and amazon in particular interests me. last week or two weeks ago apple comes out and announces the will have magazines and charge publishers 30% and then they see we will do the same for 10%. how are the kind of responding to the marketplace? >> google has so many competitors. think about the fact they now have a mobile phone company so nokia is a competitor and so is apple, and so is blackberry so that's one market in much it has an intense competition. in the area of publishing what google is involved and build a bookstore but it's also trying to offer sales and access to electronic versions using the system, and there's deals they negotiate with vendors and publishers are forming -- thorny. i'm not upset the university libraries are suckers and went to this corporate welfare deal without getting enough out of it if google months to do this and pretty cool things that make money from at what they are doing in the periodicals and with books is undermining the position that amazon has been for a n

in east africa at that time, it was only the mumbai sub-nairobi robi roadumbasa-naibrob that had the most cars, and it had 6000. then of course if we are -- for example, with the railroad. burundi and tanzania -- we are waiting on a railroad to kigali. it needs about 4000 -- $4 billion. we are looking for partners. if you are ready, come there. but they are interested in the road that is already there. it is a ratio of if there is anybody who is ready to invest in the railroad to kigali. later, we will extend it to the east. let him come forward. we will be in business. we will talk to the president of kigali. we will get the deal. we want you to come there. the telecommunications, a lot of interest. electricity is another area where we are now opening up. we want to see more investors come. we have not had that in the past. if you have to see the president in order to see things move, something must be terribly wrong. this must be finished in the investment centers. in my case, if you come to tanzania and, come and see me. my doors will always be open. >> i am expecting lots of peop

facebook is an interesting mumbai brackett the publishing company, and so how it interacts with apple and amazon in particular interests me. last week or two weeks ago apple comes out and announces the will have magazines and charge publishers 30% and then they see we will do the same for 10%. how are the kind of responding to the marketplace? >> google has so many competitors. think about the fact they now have a mobile phone company so nokia is a competitor and so is apple, and so is blackberry so that's one market in much it has an intense competition. in the area of publishing what google is involved and build a bookstore but it's also trying to offer sales and access to electronic versions using the system, and there's deals they negotiate with vendors and publishers are forming -- thorny. i'm not upset the university libraries are suckers and went to this corporate welfare deal without getting enough out of it if google months to do this and pretty cool things that make money from at what they are doing in the periodicals and with books is undermining the position that amazon has been for a n