. >> reporter: peter saunders was a victim of sexual abuse at the hands of his catholic priest at schoolso was his brother mike. peter runs an organization helping other survivors. >> most survivors are not particularly interested in compensation. they are interested in seeing change. they are interested in knowing that what .hahhed to them is not going to happen to future generations. having said that, compensation, i think is entirely appropriate, when it comes to people whose life -- whose childhoods have been stolen. >> reporter: the vatican has a new pope. he's popular and he has made some big promises. he wants openness and a new transparency even on this toxic issue. he set up a new committee of its own to look into it. thursday's appearance before the un is overdue, the extent to which they engage seriously with the un will be a test of francis's papacy and whether he can deliver on the issue of sexual abuse and allegations of cover up. a new report details how widespread the abuse has been. the authors have little optimism the church will change its approach. >> we have traced b

. >> laurie saunders, there is always attentio tension betweena of distributed power checks and balances and unfettered power of the president. >> yes, there is tension. i work a lot on the republican side of the aisle, and what you see is the fear of how obama has chosen to use his executive action so far. >> give us some examples. >> hhe defined an entire class f not illegal, we're not going to deport them. if you want to make a good faith effort, to say we need to focus on immigration reform, i think you need to be careful about how you then use your executive action because it puts a little fear understandably inside a congressman who may be a little tepid about the president's motivation and where he wants the immigration bill to go. >> that's an interesting example because this administration has deported more americans than any in a comparable period in our history. so deportations haven't slowed down while the executive branch has used discretion in formulating the line out of the country. >> right, it's definitely continued at a high pace. if obama really cares about seeing immi

joining us now is liz ann saunders, chief investment strategist at charles schwaab. a different year, into earnings season. things look light. are you worried at the beginning of the year? >> not unless we get a big movement in one direction or other out of the economy. obviously top-line growth tend to be tied fairly closely to nominal gdp growth. thanks to the, increase in, in the economy we sawen t saw in t quarter. estimates starting to trend up for 2014. if that ends up being a myth and we lose the basis for top-line growth. then the question is, can companies squeeze any more out? can profit margins sx panned e more. i don't think a high risk. >> doing that for years. cutting costs. trying squeeze more out with less. forget it. no mr. that can besqueezed out. >> we could see profit margins sx panned mo expand more. they could do well. >> not a repeat of last year, 30% gains for the market are you? >> not necessarily. one of the risks for the market is, a melt up. i think we could get that this year. and the reason why i say risk. >> good risk to have. >> good a

liz ann saunders, chief investment strategist. >>> it's a new year we make resolutions to lose weight, eat better and exercise more often. why am i reading this? do shares usually rise along with those hopes in january? dominic chu takes a look. >> reporter: 'tis the season for new years resolutions. so, can the idea of new year's resolutions turn into new year's investing ideas? over the past few years a few themes stod out. first physical fitness, eat better, exercise more. on the diet front, there is weight watchers international. during the last three januarys, shares of the company posted healthy gains but they seem to fizzle out by the end of each full year along with those diets. it's a different story for the gym rats. talent sports international that owns new york, boston and washington sports clubs, among others, post healthy gains in january and gain more steam as the year progressed. second, getting your finances and investments in order. take a look at shares of morgan stanley. it posted strange gains over the last three januarys but that's about it. shares were relativel

saunders who just says she's been spotting many of them than in the photo in her footsteps they even included in korea and the binding on peak audition with asic on a hidden cave in the womb and go him up and it does about see you at the zoo well what was where is the key don't know why today can tell me you can see has been the effect of social economic conditions in the money and teaching. and even going to get to see the cougars can use me. these can be seen most of them made into our homes. soon you don't want that to change been operating in india can be considered defense but also in talking to the agreement. watching this. it celebrates its a beta sunday with a stated at the top of them seems to be the silver screen show. yet it's a video into a ball that would pop up. when a christian can. thank you with me. instead the usual humor that gg i finally got some unconscious abide by its own when it comes to attracting much interest to you guys and a gash on his magnetism is a good weekend is to go. some of the strikes at the box office hit on this lp has been told and spent a goo

. -- clearly saunders thinks this is a good idea.y would like to see him do other deals as well, so they are waiting to see what happens. this all stems back to the fact that they are losing patent protection on their -- on one of the best-selling antidepressants. >> that sounds pretty depressing. thank you for your time. we will be back on the markets in 30 minutes. "street smart" is up next. ♪ >> good afternoon, live. i am cory johnson. >> i did not have heat in my apartment this morning. welcome. it was really cold. we have breaking data coming out right now. consumer credits come in a bit light for november. >> the numbers will be the interesting ones to see. ,eople are taking out loans jiving the auto industry and the economy. >> the fed

. >> like fiona saunders, a gw university student. >> i will just be aware and keep myself with groups, not run off on my own. >> the fear is widespread enough that the state department even hosted this. >> hi, everyone. >> and online forum to answer questions with employees and a former gold medalist to prepare americans for any problems. >> what should american citizen do if they get into trouble? >> if they are in a license during -- life-threatening situation, they need to seek the lease assistance or medical assistance at the nearest location. there will be volunteers all over sochi who speaking list. >> secretary ridge told me the biggest concern may be an towns just outside of sochi where the security will be less concentrated. he said we spent one point $3 billion in preparations for the la paz. russians are spending close to $50 billion and are having thousands of people working security. arrested,and mother accused of leaving her children and a cold car this week. where she disappeared to for an hour and a half. >> 7 on your side with a health alert. and we are live in new yo

. >> peter saunders was a victim of actual abuse at the hands of his catholic priest at school. for him abuse triggered a life cursed by drink and drugs and an early death. >> peter runs an organization helping other survivors. >> most survivors are not interested in compensation. they are interested in seeing change. they are interested in knowing that what happened to them is not going to happen to future generations. having said that, compensation is entirely appropriate when it comes to people whose child hoods have been stolen. >> the vatican has a new pope, he's popular and made promises. pope francis wants openness and transparency on this toxic issue. he set up a committee of his own to look into it. thursday's appearances is overdue. the extent to which they engage will be a test of france's papacy, and whether he can deliver on the issue of sexual abuse and the allegations of cover up. a report details how widespread the abuse would be. the authors have little optimism that the church would change its approach. >> we have traced back over the last two decades all the p

. >> peter saunders was a victim of sexual abuse at the hands of his catholic priest at school. so was his brother mike. for him abuse delivered a life cursed by drink and drugs and an early death. peter runs an organization helping other survivors. >> most survivor are not interests in compensation. they are friday in change, interested in knowing that what happened to them is not going to happen to future generations. having said that, compensation is entirely appropriate when it comes to people whose child hoods have been stolen. >> the vatican has a new pope. he's popular and made big promises, pope francis wants openness even on this toxic issue. he set up a committee of his own. the extent to which they engaged seriously with the u.n. will be a test of francis's papacy, and on whether he can deliver on the issue of sexual abuse and the allegations of cover up. a new report details how widespread the abuse will be. >> we have sort of traced back over the last sort of two decades all the promises that they made versus what happened. there has been many promise in the past, b

join me now, liz and saunders. chief strategist for charles schwab. thank you for joining us. want to put up a scary chart to terrify everybody out there. the u.s. has a loss of 1.6 million you factor in in the past five years we have seen a small tick back at the end. but i have to wonder, is this a function of what has been going on in the economy, or is this a real structural change where these are jobs that are just gone? >> i think the jobs that are gone, if bygone you mean permanently or semi-permanently, the traditional manufacturing areas. it is what we know, the companies that exist right now. melissa: give me an example. >> across traditional manufacturing whether it is in the metals area or the forest products, traditional manufacturing. it has been at least until recently at the mercy of off shoring. what has happened is improved competitiveness in the united states as it relates to manufacturing tomorrow's manufacturer. we are much more competitive with the world's largest energy producer right now, in many months this past year actually producing more oil than we

a 13-year-old girl identified as kendall saunders is in stable condition according to one authority.he was hit in the right shoulder. an 11-year-old boy doing much worse, in two surgeries now and still in critical condition. he suffered wounds to both his neck and face. authorities saying that at 7:30 in the morning at berrendo middle school in roswell, new mexico. the 12-year-old shooter walked into the gymnasium with a shotgun, a .20 gauge shotgun with the stock of it sawed off. that's a smaller caliber shotgun than, say, a.12-gauge shotgun. a quick-thinking teacher stepped up during the shooting. police say his back was to the shooter. he turned as another round went off an walked towards the shooter. literally as the shooter was bearing down on him ordered him to put the gun down. the kid did. and an off-duty police officer came along and helped subdue the shooter. investigators are looking into the possibility that some students at berrendo middle school may have known this was happening. in other words, the shooter may have tipped some kids that this was going down. why it is t

saunders, it's great to see you. >> yes, nice to talk to you as well. >> you have an acquisition that things to consider is one of your best-selling drugs, i've been following your company for so long with lexipro and celexa but the alzheimer's medication, there's a way of dealing with the patent expiration by combining it with aricep or doing a limited release. do you worry that the technology will bring something along that puts -- out of business? >> i hope innovation continues to improve in this field. i think in the short term amenda will be just fine. there's not a lot of late-stage pipeline that's been successful. we believe we have a long, durable franchise. >> you made an acquisition from tpg. tell us about it and what it will do for you. what kind of products you're bringing on board. i guess you want to develop these products. they have a lot of potential but at this point, they're sort of on the ground level, right? >> right. as you know, you mentioned earlier, when lexipro went generic two years ago, it was put in five therapeutic areas, including gi. we have an anchor th

for more on the acquisition, we are joined by the ceo, brent saunders. us on this. what made the company so attractive for you? >> it really is a compelling itsrtunity for forest, both strong strategic fit to the a bigss -- we are already player in gastrointestinal and sister fibrosis in europe, but also a very strong financial fit, delivering very strong sales, $700 million to fiscal 15, highly creative batting, 78%. eps is the non-gap basis. is this something, brent, that you were behind? you had just been named ceo several months ago. was this something that you were behind from the beginning? or was it already on track? >> this is something that i clearly drove with the team here. i have been here for about 90 days, you are right. it has been a very busy 90 days, but we have a great team here, we are energized, we are committing against the sound strategy to create auto shareholder value. >> are you looking for more deals? >> we are. clearly, we have a mission to continue to build out our business in the key therapeutic areas we are in. gastrointesti

they're walking out you saunder direction of police. so they're safe. so that's a good sign.y, jim, i'm curious. you would assume that first on the scene would be those private security mall officers that you see going around. i'm trying to rack my brain and think whether i see guns in holsters on their hips as they cruise malls where i've gone shopping. are they armed with guns, usually? >> well, that varies, alex, from mall to mall and state to state and city to city, whether or not the uniformed security are armed. and a lot of times they're patrolling the parking lots to prevent shoplifting or, you know, people being accosted or mugged in a parking lot. and this is really different than overall facilities security. and like we talked earlier, no one should be able -- remains to be seen here, a handgun or long gun. nobody should be able to walk into a all with a long gun exposed that the mall doesn't have some way to lock those doors. you know, picture yourself, some mall security person, in a room that has access to a bank of cameras that can see every entrance to the ten