. >> one of holman's most notorious inmates, bobby gilbert, is serving multiple sentences for crimestted inside prison. >> i'm serving a life without parole sentence, two life sentences, two 99-year sentences, a 40-year sentence, a 20-year sentence and a 10-year sentence. all together. >> gilbert has attacked several prisoners and stabbed one man to death at another prison during an argument. >> everybody wants to talk about, you know, i killed somebody over a carton of cigarettes. it's not a carton of cigarettes. that may be the catalyst that leads to something, but if somebody owes me a soda pop, and they come to me and say, "hey man, i need to get that soda pop you owe me," i'll spit in their face and talk to them like they're a bitch or something and then they kill me, whose fault is it? it wasn't about the soda pop no more. you on the street, yeah, you call the police and put a stop to it. what do you do in here? i tell you what you do. you go get you a knife, and you stab that son of a bitch, and you say, "you ain't taking nothing else." that's the end of that. here's what happ

martin gilbert: not really.he asset management industry is the least affected between banks and insurance companies and runt management because we our european operations out of lumps it -- luxembourg. an investor in germany or france, luxembourg is there how. --in the u.k. are definitely would buy dublin registered funds or u.k. registered funds. we will not be hugely affected. but if we do vote to come out, there will be some unintended consequences we have not thought about. there will be a lot of market volatility. francine: could there be a systemic freeze? it willilbert: i think be uncomfortable for a few days. currency will be volatile. the share market will be volatile. people will try to work out what the affect is. marketsthat is because are really pricing in that we are staying in. currency markets, certainly. extreme volatility if we vote to come out. anna: martin gilbert. is still with us here on set. let us talk about the pound tying in with that brexit conversation. we have seen a decent bounce in

dan gilbert and buffett have a relationship.ay be buffett decided, look, give me enough protection, and if gilbert is working with ex-yahoo! folks, they may decide the stock, the core business is worth zero. maybe they convinced him the company isn't going to go bankrupt, and therefore, it was a decent investment for him to make. on the other side of it, we can't really explain what yahoo! is. if tech investments in general are off limits for warren buffett, you would have to understand why yahoo!, of all tech companies, would be something that would intrigue him. emily: noah, buffett did help burger king takeover tim hortons. he put $5 billion into goldman sachs. does yahoo! make sense in the context of those investments? noah:noah: sure. the way to look at this is it's a financing arrangement. berkshire has a huge balance sheet, and buffett brings his reputation to the table. it lens instant credibility to anyone who is trying to buy another company. because of that, he is usually able to get incredible terms, and it's a way f

gilbert made a bid for yahoo!.hire offered to be a potential financing partner for gilbert in the bid. buffett said -- you take a look at shares of yahoo! that have stocks trading around $37. up to $37.70. this is where they're trying to again up the bids there. >> we'll see. you know, good luck to dan gilbert whether he questigets i not. it seems to throw buffett's name out there when he's only semi attached. joseph? >> yeah, can you imagine a $1.4 million acquisition getting a mention in i don't know i think it's $1.4 billion. do you think about that? i just don't think you would sell anything for $1.25 billion. >> you don't wake up for less? >> yeah. >> i think it was $1.3 million. it didn't sound right. >> it didn't. >> okay. >>> oil prices rises this morning. goldman sachs said that the market has ended almost two years of oversupply and flipped into a deficit. it follows production from venezuela, nigeria. >> it's shocking, actually. >> hang on to every word you say. >> not usually but thank you. >> i do. i e

internet asset can dan gilbert founder of quicken loans and owner of the cleveland cavaliers. it is in second round of bidding for yahoo! asset answer buffett is helping to finance the offer. verizon communications also bidding for yahoo! marissa myer turning arnsd the financial performance over past four years she's been the chief executive. >> market overnight in asia we saw it. take a look right now. higher by one-third of one percent in japan. shanghai composite index over three quarter the and hang seng gained. >> down 16 points at the quarter of one percent and paris is down 34 points that is .8%. >> one thing we're watching is three down weeks in a row. up 11 and s&p up 2. show you the price of oil because we have a higher market this morning for kriewdz. it is up 1.9% to 47.7 a barrel. goldman sachs saying oil market gone from nearing storage saturation to being in deft that is moving price gold up 11, 12.83 an ounce. >> other currents a mix haded bag there. euro gaining against u.s. dollar. japanese yen is weeker against u.s. dollar and rest of the gang there mixed wa

martin gilbert: a lot ofm

francine: you can catch that full interview with martin gilbert on friday.nflation figures are kicking off a easy week. the bank of england will be waiting the numbers as it engages the briggs it debate. economist.e senior thanks for having you on the program. if you look at the headline figure, inflation is going nowhere. should we be worried about it? england madenk of a forecast last week. they got one up on the private sector economists. they did a very good job. it's looking all right it gives them plenty of room for flexibility. they may need it after this vote coming up. francine: if you look at the has mainlyate, this to do with airfares. sense of thee us a printers globally? james: it's an interesting story. airfare has been significant. it's been flying around this year. francine: because of the price of oil? james: we can look for that to settle down. the big surprise has been clothing. that's been weaker in this report. a slowdown on the retail. it may be that stocks are hanging over and retailers had to get a lot of stuff. this could lead to mor

gilbert's story begins in asia.raised in malaysia, he went to school in scotland at the age of nine, and he cofounded aberdeen in 1983. for 33 years, he has grown aberdeen into what of the biggest publicly traded asset managers with more than $400 billion of asset management.

gilbert cantrell and his wife both worked there. >> the whistle went off to wake you up. the whistle went off to tell you it's time to go in. you would see thousands of people passing each other, going in and out of the building at shift time. >> reporter: by the 1990s, the mill was struggling: cheap imports were undermining profits. when the mill finally went bankrupt and closed in 2003, more than four thousand workers lost their jobs. it was the worst layoff in the state's history. >> it devastated a lot of lives. they were people that that was all they knew. they didn't know how they were going to do anything else. >> reporter: two years later, a billionaire california investor bought the property and tore the mill down. david murdock, chairman of the dole food company, was fond of the town and also had once owned the mill in the 1980s, but now he had different plans for the property. murdock is an extreme health and nutrition enthusiast who, even now at 93, plans on living to be 125. >> i believe that some of those solutions will come right from this scientific center

. >>> quicken loans found that dan gilbert is building the yahoo! internet assets. berkshire hathaway could provide financing up 1.7% this morning, yahoo!. digital retail will replace time warner cable in the s&p 500 after the close of trading tomorrow. this comes as charter communications acquires time warner in a deal that is expected to be completed around the same time. digital realty is up 3.4%. >>> verizon and union officials represent 40,000 striking verizon workers to return to the bargaining table. the development comes after labor secretary thomas perez met with both sides in washington yesterday. >>> and more news for you this morning, the telegraph is reporting that google could face a record antitrust fine of $3.4 billion from the european commission in the coming weeks. google as you know has been accused by the eu of breaking the laws by unfairly dominating the search market. so far no fines have been leveed so this could be a big deal. some are looking for as much as $6 billion. the $3.4 billion may not seem that big but it will be a record. >>> amaz

find out why martin gilbert things that goes to john cryer. we are less than 30 minutes away from the european equity market open. let's ticket look at the terminal and show you a bloomberg is telling us about what that open will look like in 29 minutes time. it looks like the market is going to be opening on the front foot. a positive open for europe this morning. around .6% for the london stocks . london and paris are slagging a little bit. european markets were fairly flat yesterday. as a result of which, if fairly decent start to the day. what else is going on, matt? matt: you are seeing the aussi job by the most in more than a month after we got the minutes back from the rba meeting, suggesting they will stay put for the next meeting to look and see what their moves have done so far. crude oil jumping to basically a six-month high. look at nymex crude. u.s.eculations that stockpiles will continue to fall. and then gold down. we have more big names added to the gold pile. we have heard from druckenmiller, who thinks gold should be your big

of quicken loads -- dan gilbert of quicken loans.ut 10 bidders in the running for yahoo!. 4-8ial bids range from million dollars. it is interesting that berkshire would be identifying -- appling in technology in that way as well. it has been a long-running situation with yahoo!. we will find out eventually who will be the winner in that process. >> joining us to talk about the wider markets is jonathan. it as a, you spoke of weapon will market. >> we know it started with energy and materials in the late 2014. we saw it moved to some biotech. earlier, it was financials. we have seen some many markets that have just not happen at the same time. it is cap the overall market in this neutral trading range. --i was struck by one can one statistic in your report. you wrote that the s&p 500 department store index has lost quite a bit from its height last year. what is the next industry to see one of these rolling markets? >> we are starting to see some weakness back in the bio techs and financials. the yield curve continues to flatten. it is

but would provide financing for gilbert yahoo!'ia assets, which is a potentially more interesting development, given the way the yahoo! story has played out. david: he has been getting into more media. seems like fertile ground and a new interest for warren buffett. warren buffett became the oracle of omaha for some brilliant media stock picks in the 1980's. if you look at it that way, he has been looking at media for 40 or 50 years. maybe not that far off the beaten path, if you think of yahoo! as a media company. of course, patient capital. he has provided financing for buyouts in the past. takeover of tim horton. both apple and yahoo! are up today, much more than the broader market. apple of about 4%, yahoo! about 3.5%. buffett seems to have this halo effect. one of the analysts we spoke to said that buffett always gets his terms. we don't know how it will happen, but if it does happen with buffett involved, you can expect there will be favorable terms. david: what is the timetable for when these bids will be weighed? emily: the

this group includes the quicken loans founder, dan gilbert.hing for berkshire hathaway, moving toward technology after sitting on the sidelines of two internet once. perhaps we are seeing a nascent trend in positions. >> this is pretty bullish. what does it look like now? >> it is still very bullish. of yahoo! is up more than 10% on the year. it did recently -- the big day moving average moves up, signaling lots of lush momentum and a lot of buying interest. the last two proved very bullish. from a fundamental analysis standpoint, laura martin, she for ahe saw the potential 50% upside for the shares of yahoo! based on her some of the calculations. shortlyhoo! will trade -- sharply higher. scarlet: thank you. alix: i want to bring in alex sherman following this story for us. does this do to open the race for yahoo!'s core business? >> i am not sure how much it does. it is a little surprising that yahoo! is up 3% just on the news of another bitter. that might you little bit of the warren buffett premium. if warren buffett is financing a deal, he

in 2003 he said while he was making the movie, what's eating gilbert grape, he was in a rough spot. >> lots of drugs during that time? >> yeah, at that time. there were some drugs here and there. anything i could stuff into my system to medicate, self-medicate or numb myself. >> what were you numbing yourself to? >> i felt really uncomfortable in my own skin, and i took to poisoning myself, which is really stupid. >> did somebody say something to you? >> oh, yeah, sure. friends, yeah. >> what did they say? >> yeah, you're [ bleep ]ing up. >> in 1993 he was arrested on charges of criminal mischief after allegedly trashing a room in a new york city hotel. police suspected he was drunk and was fighting with his girlfriend at the time. >> johnny depp is eccentric. he's not shied away from the partying lifestyle. >> reporter: the two recently made headlines for a dispute with australian authorities after heard smuggled the dogs into the country. heard pleaded guilty to conceal the pets as part of the case, they were forced to make this unconventional apology video. >> australia is a wonder

before his last deployment, gilbert sold his third-generation family truck. >> nearly ten years later us this morning is major dan rooney of folds and honor and country music singer dan brice joined by major gi gilbe gilbert's sons troy and austin. major dan, tell us about this story. >> i think you hit it right on the head. i always say in life if you tell someone a fact, they might learn it. you tell them the truth, they probably believe you, but if you tell them a story and it's a powerful story, that's what lives in people's hearts and minds. this weekend is about the stories of the families that folds of honor supports, 10,000 recipients across this country. i have guys like lee in supporting us means the world. but this story really hits close to home for me as an f-16 fighter pilot myself. i wear troy's ki bracelet on my wrist and troy sold his truck before he deployed in 2007 and didn't return and left five children behind and his wife ginger, and we were able to locate the truck through ginger's new husband, colonel rovella and it's just awesome to be here to share this story

bucks county gilbert and sullivan society and henry mercer, thanks for having us here this morning. > is certainly a pleasure and have a great day. >> yes, we will have a great day. bob kelly, this museum has been here for 100 years. i think henry mercer looks good here. >> he looks good. i like haze hat there. it will be more than a flight day, it will be i good day, good morning, everybody. 7:04. we have some sun glare and a accident, north bound lanes of i-95, right at girard point double decker bridge, good morning to bellmawr, a live look at the freeway, and working your way toward philadelphia and walt whitman bridge. take your convertible to work day, pack your shade put down that sun roof. delays on the schuylkill, delays here on i9 five come on down to doylestown. the setup on state street between main and pine, join the gang we are out there all morning long right from the turnpike, come right on up 611. don't listen to jody harris for those directions. kelly drive closed because of the stotesbury regot a boat today and tomorrow, use that martin luther king drive to day, and

. >> sports is illegal here that never stopped former wizard star gilbert from doing anything. he posted this photo. a snip it of the text. here's what he said about the nba western conference finals quote so take the over for the game. over under half 110 as long as the total is at least 103 you're still safe. if i'm wrong, why the hell are you taking vase from a gay who bring a gun to work. obviously i'm a more ron. take it for what it's worth. >> sounds like an expert to me. >> troy bowers making a big impact. netting his eighth goal of the post season, they lead the series three games to two. little less on humanity. getting play on the baseball diamond. watch this, the flip. the points. and the running man. logan hall from washington is an eighth grade but has the swag gar of a senior. the lesson here don't sho off, kids. >> of course that running man keeps getting play after play. we're going to see it one more time. the flip, the point, the running man. >> serious flip, too. >> i'm still debating the legality of those running. that's not the running man i grew up knowing

. >> a terrifying scene as a gunman took aim at other motorists in gilbert. the trooper was not injured but another driver was shot and scar jacked. >> another victim walking or driving on the roadway was shot. at least ten miles of the so-called beeline highway were closed with multiple crime scene investigations. we, of course, will stay on top of this breaking news story from arizona. >>> also breaking overnight severe storms in the midwest. radar shows intense systems oklahoma. >> now, this area of the plains has been rocked by 24 hours of violent weather. large and destructive ripping through the planes. the first pictures of tornado damage in kansas, buildings torn apart and debris everywhere. the powerful winds picking up this large propane tank and tossing it right into the middle of the road where it started to leak. >> we got a propane tank in the middle of the road leaking. >> reporter: yesterday alone 26 reported tornados in 5 states from michigan to texas. 18 in kansas alone including these two caught on camera, rare twin twisters. sirens also bl

>> steve:actress melissa gilbert has dropped out the race for a congressional seat in michigan. the actress who is known for her role on "little house on the prairie" was advised by her doctor to withdraw. >> steve:the reason was injuries she received from an accident in 2012 in her neck and head. the injuries have worsen.and gilbert says " i am physically unable to continue my run for congress." democrats fear that their only chance of getting a spot in a district that is predominantly republican is now gone. >> steve:in sports. we will take a look at how the sharks are doing as they try to get to their first ever stanley cup finals. >> pam: . and examine the warriors collapse. what draymond green had to say about it. and what coach steve kerr said about trying to bounce back tomoprrow night. gary has that. and all the sports. coming up. (male announcer): it's now time for gary radnich with sports!. >> gary:the sharks can close out the st. louis blues and get to their first stanley cup finals >> gary:right now. >> gary:the warriors with their backs against the wall after their

thank you, johnny gilbert. thank you again, ladies and gentlemen.e last day of the teachers tournament for this year. so, we'll talk about money.

trump, faced down gilbert gottfried at his comedy central roast. >> when trump heard that, he was likeesident for world war iii. >> we'll love each other and take care of each other and cherish each other. >> we'll love each other, basically all the things you do when you think the world is going to end. >> we are suspending our campaign. >> all: no. >> they were just saying no, they were saying no kidding. >> but you have to give ted credit. he went down swinging even when hugging his wife. ♪ >> john kasich also suspended his campaign less than 24 hours after ted cruz. when asked why he waited this long kasich said so at least i could say i got second place. >> ted cruz, i don't know if he likes me or if he doesn't like me. >> okay, well, let's see. [ laughter ] you nicknamed him lyin' ted. you insulted his wife. you perpetuated a story that said his dad had something to do with the assassination of jfk. i'm going to go out on a limb and say he probably is not a fan. >> thank you, thank you very much. >> would you like to say any last words about your fallen rival? >> yes, lyin' ted i

martin gilbert told francine that it's the deutsche bank coat ceo.ny don't have to count investment banking for earnings growth. the think he probably has tough job. there is a very good wealth manager that he can fall back on. think they've all got good hits and they've all got investment banks that are probably trying to downsize sherry: shares are down 36% in this year. francine: thank you so much. we had a great conversation with mark gilbert he did not pull any punches. week oncatch that this friday evening. we talked about brings it in the risks out there. lehman likeout moments. he said that's not going to rexit happens.b tom: i haven't looked at deutsche bank chart in ages. it's not a pretty sight. of residence, the wall street journal reports people concretetalk about terms of a proposal by the monetary fund where they say these will be the rules. paul joins us from the london school of economics. quickly, you have said for years there must be a long-term debt extension to help greece. are we finally there? paul: i hope so. the imf has been

thank you, johnny gilbert. thank you again, ladies and gentlemen.ey. first of all, i want to acknowledge our partner in the teachers tournament, farmers insurance, which each year gives $1 million in grant money to worthy teachers all around the country. [ applause ] next, the prize money for this tournament -- $100,000 to the winner, a guarantee of $50,000 for the runner-up, and a guarantee of $25,000 for the third-place finisher. now, the dollar figures you see in front of the contestants will be added to whatever they earn today to determine the champion. all right, now we go to work in this first round today. and here are your categories. not an apple.

camden resident, gilbert nelson served in the the war and then went on to command vfw.e retired from campbell's soup after 43 years and is active in many community organizations, and he has been married for 66 years. he has four daughters, six grandchildren, three great grandchildren and we thank him for his services. >>> wonder woman and the incredible hulk were just a few of the familiar faces at garden state discovery museum tonight. this is the museum's calling all super heroes event, kid could meet their favorite super hero, and even have have some of their own super powers. even batman got to cut loose in the bouncey house every once in a while. >>> well, right now, we're learning police have found and charged a man, in connection with the hurling of those railroad spikes on to the 600 block of university avenue, in philadelphia from an overpass. he has been charged with aggravated assault, simple assault, other offenses as well. four cars were hit tonight, by those big spikes. obviously someone could have been seriously hurt or worse. it turns out that no one was

fox 29 at kipp cooper norcross academy where sheriff gilbert whip wilson through them quite a pizza party. the boys team went undefeated in their regular season and the girl team they made it all the way to the playoffs. it's not just what happened on the court that the students should be proud of. >> inside the classroom 10 of our 12 students were actually on honor roll throughout the season and continue to be on honor roll even after the basketball season is over. >> impressive. in february, the kipp cooper norcross academy named its gym in honor of cher rip girl bert whip wilson and his brother. they both grew up and live in the school's neighborhood. >> good kids there. >>> super heroes take over a local school to help out a little boy battling for his life. the cheryl day he will never forget. >>> and a pooch is in big trouble his paw struck down a drain. the poor thing had to wait overnight for helps and crews had to do to do something a little extra to get him free. sean? >> dawn, eagles get a little bit of good news. they were able to sign a bunch of their draft picks but we're st

[ cheers and applause ] thank you, johnny gilbert.ou. you're in for a good time today. our three power players are, first of all, a gentleman who writes about the news. then a lady who talks about the news on television. and then a fella who often is the news. [ laughter ] so, jonathan, kate, and louie, good luck to you. let's play "jeopardy!" here comes the first round. and these are your categories, starting off with... kate: hopefully not. alex: yeah. next...

[ cheers and applause ] thank you, johnny gilbert. gentlemen, for that warm welcome. you are most kind. let me begin by telling all of you on behalf of our "jeopardy!" staff that we are absolutely thrilled that we get to spend the next two weeks in this marvelous venue in the heart of our nation's capital.

i am happy to welcome martin gilbert. he joins us for his first interview of the day.ell us how are you expecting to spend these outflows going forward? martin: it depends on whether emerging markets come back in favor. certainly we have seen a welcome turn inflows and emerging-market equities having gone from outflows to a first quarter of inflows. there is light at the end of the tunnel, but only just a bit of light. francine: how long does it take to see that and of the tunnel? we were hearing we are expecting volatility to continue. he is concerned about liquidity. do you share the same concerns? do you have to cut the fact? .artin: i don't think so we are strong financially with over 400 million cash on the balance sheet. we can survive as a business there easily. i think we have to wait for these emerging markets to come back in favor. that is what we are doing. we're looking at a fish sees in the business. that is not cost-cutting. we're looking at running the business more efficiently. we are dependent on sentiment in emerging markets. and developed markets as

thank you, johnny gilbert. thank you, ladies and gentlemen.ry special teachers tournament, special for two reasons. first of all, the quarter-final matches will all take place here in southern california this week, but the semi-finals and the finals will take place at constitution hall in washington, d.c., next week. so, there's some traveling involved. the second reason -- "jeopardy!" has joined forces with farmers insurance thank america's teachers campaign, which donates over $1 million a year to fund teachers' projects in schools all across america. we're very excited about this new partnership, and i'll be telling you more about it in the coming days. but for now, chris, dianne, and lauren, welcome aboard. good luck. let's go to work in the first match in this tournament. here are your categories. yes, indeed. alex: lauren, you won the toss, so you make the first selection. it's about time for $200, please. chris.

david: he is teaming up with dan gilbert. a lot of bids for this company. how likely is it they will get this? >> they are up against verizon. warren buffett is an expert at getting in there and figuring out ways where he can profit because of the size of the capital he can muster. he has a lot of money to put to work. david: the cover story this week -- you look at charities and their co-pays and how pharmaceutical companies are working. >> drug prices have been going up for a while and there are charities that have been developed that will help people who cannot swing the cost of these drug prices with copilot -- co-pays. co-pay and pays the with a lot of these patients, if thee pays the rest drug companies give people the drugs, that's it. if they donate to these charities, they more than make up for it when medicare reimburses for the price of the drug. carol: we have more. >> they help patients who have insurance already. drug prices are getting so expensive that they are stepping in and the individual portion of they mightcosts, cost $15,000 per year

[ cheers and applause ] thank you, johnny gilbert.that warm welcome. you are most kind. let me begin by telling all of you on behalf of ojeopardy!" staff that we are absolutely thrilled that we get to spend the next two weeks in this marvelous venue in the heart of our nation's capital. it's going to be an exciting time. first of all, the deciding games in the teachers tournament. then we're back next monday to begin power players week. but today, the first semifinal in the teachers tournament, which means that only one of these three people -- nicole, kaberi, or peter -- get to come back later this week to play for $100,000. good luck to you. let's go to work in the jeopardy! round. and now let's find out what the categories are. first off... and finally, there will be a silent "k" in each correct response in that category. peter, you go first. let's try at the smithsonian for $200.

thank you, johnny gilbert. thank you, ladies and gentlemen.ery special teachers tournament, special for two reasons. first of all, the quarter-final matches will all take place here in southern california this week, but the semi-finals and the finals will take place at constitution hall in washington, d.c., next week. so, there's some traveling involved. the second reason -- "jeopardy!" has joined forces with farmers insurance thank america's teachers campaign,

the group led by dan gilbert. the owner of quicken loans and cleveland cavaliers. yahoo!etting offers last month. it is valued at $35 billion after the missteps and bad bets. it has had six ceos over the last nine years. the core business will be valued at roughly $5 billion. some estimates are as high as $8 billion. >> they tried so many things over the last few years. nothing seems to stick. >>> "early start" continues right now. >> donald trump on defense as new reports of his past raises questions over his business. >> and oregon and kentucky. hillary clinton wants to win kentucky. can she? how much damage is bernie sanders doing? >>> more than 100 people dead in the past few days. isis claiming responsibility for the violence that has been just devastating in baghdad. >>> good morning. welcome to "early start." i'm christine romans. >> i'm john berman. it is monday, may 16th. donald trump facing reports about his past and new attacks from president obama. donald trump is denying he created a fake identity and posed as his own pr man decades ago. he is

johnson andpicts gilbert humphrey. tell a horsego and about it being blind in one eye.out principle, it's about votes. that is the problem with you liberals. you don't know how to fight. has madees roche another great film about america. this one with our greatest actors. tell us about why you are interested in lbj. james: he's a complex guy. unbelievable politician. someone who believes you can do with the government and got a huge amount done. we forget looking back through vietnam looking backwards through what he accomplished in 1964, 19 65 -- he accomplished the civil rights bill of 1964, and to take that on it that time when he was seen as the accidental president after jfk's assassination, was an incredible story. cranston -- an >> he got his physicality. it is pretty amazing to watch. i saw the movie last night at the national archives. it was absolutely brilliant. you are so right about cranston. there were times you would see cranston and go back to a lbj scene and you did not know which was lbj and which was cranston. hoover was edgar absolutely phenomenal. r

gilbert founded the company back in 1983.hares in aberdeen are up 3% today. >> that is quite important for those companies. excellent. let's get to first word news. missing -- looking for that missing egyptair jetliner. wreckage from the plane has been recovered. seats, luggage, and some human remains were recovered in the mediterranean. a flight was on the route from cairo to paris when it's finished. 66 people were on board. people have said it is more likely at terrorist attack than a mechanical failure. hoping -- will provide information about the islamic state strategy in europe. he was arrested in belgium after four months on the run. he was extradited to france. in western canada, firefighters have defended to oilsands sites. the fires erected at the beginning of the month. they have earned an area that is more then five times the size of new york city. they are spreading east into a remote area. in washington, house republicans and democrats have reached a deal on the puerto rico $70 billion of debt. the board would o

(male narrator) beloved little house on the prairie actress melissa gilbert.figure skating legend, dorothy hamill. (male narrator) and 12-time olympic medalist dara torres. plus, everyday women whose lives and skin are being transformed with crepe erase.

dan gilbert, who is said to be backing that she is said to be known eachey have other for several yearsn decker was a longtime executive at yahoo!. this is not a company that is unfamiliar to him. that hethis morning might not by the yahoo! stock, but certainly he has ways of getting information about the company. betty: is it surprising that he is going in this direction? >> it depends on how big this is. i don't think anyone is talking about this in the sense of a $30 billion deal. if it's a couple of billion that's not super material to berkshire. he still has a lot of cash, he will be back above $60 billion probably in june. if he is putting a couple billion to work in this area, he still has plenty to play with if that good acquisition comes down the road. betty: i want to get a sense from the shareholders you have talked to, or they pretty happy with where buffett is putting his cash these days? >> sure. several shareholders i spoke with this morning were happy that berkshire has this are highlythese attractive deals for berkshire to be doing. they get paid generally a pretty high

maybe you could rule them out as the danst, but we have gilbert bid, bain is still involved, so there are enough other players that even a beleaguered asset like yahoo! may generate a small bidding war toward the end if these companies want to own yahoo!. sherry: we will keep watching the stock for the rest of the day. thank you for joining us for this breaking news -- another bidder for yahoo!. greece and get on to turned to the story that broke a over last earlier night with a meeting of the euro area finance ministers concluding yesterday that standing down from its hard-line stance after joining the payoff. our bloomberg news economy reporter joins us. have we avoided another summer of greek myth content? i think we have. that's the main take out of this deal. it buys a little stability over the summer. we are not going to have any major incidents. liquidity boost that comes from the year-end clearance comes at a good time because there's going to be a big wave of tax increases, so that's going to provide a bit of a hit to the economy and maybe a liquidity injection can help that.