huntsman weighs in next with tracy byrnes and adam shapiro. stick around thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finescomforts abo. we're not simply saluting history... we're making it.

adam shapiro joins us with these details. we always get concerned when we hear about insurance accidents like this and if it can happen to us. >> people like mel gibson had his social security number posted on-line. hillary clinton, kim kardashian, vice president biden. it involves personal private financial data as well as personal photographs that kind of stuff. hackers got into their personal computers the stuff waudz posted to the web site that has sufficiesuffix that would take you to the fbi. there is a group a hacker group out of russia which is saying they are going to target bank accounts of average americans try to steal money before spring starts. this may not be the same thing. something to think about check your anti virus software on your computer change your pass word on your bank account. >> it is down now. >> no, it was not down. >> tuition prices and colleges. >> 201 to 2011 shot up 93 percent for public private institutions. wall street journal reporting private liberal arts colleges like in alma college. $

guess what, if continues with adam shapiro in for melissa frances. we hope you have a great holiday. sunday dinner. hello. ♪ adam: i'm adam shapiro in for melissa francis. here is to make "money" today. retailers had a positive signal on consumer spending. consumers check off tax hikes and high gasoline prices. personal consumption purchases on things like cars, clothing, health care saw the largest gain since september, according to the u.s. commerce department. also making "money", the ceo of the cvs saw his compensation jumped 44 percent said $20 million last year. not bad. that is according to a new filing with the sec. shares of cvs have climbed nearly 22%. a truly good friday for justin berliner of the detroit tigers. he signed a new contract worth up to a $200 million over eight years. move over. making him the highest-paid picture in baseball history. even when they say it's not, it's always about "money." ♪ adam: i promise no more spanish. i'm in for melissa francis. environmentalists are rejoicing, but oil refiners and drivers are blowing ag

why he says the banks knew all along what's going on giving exclusive details with adam shapiro.nally to china. take a look at this. a lamp post crashes down on a bus and nearly takes out that driver. amazingly he was able to get up and then the passengers off the bus. what a guy. >> a ponzi scheme of bernie madoff speaking exclusively to fox telling them what was up to. all of that in an e-mail adam shapiro to joins us now with more. >> we were talking about this in the hallway. a very interesting e-mail with madoff. >> it is clear. i am going to read you the e-mail. what madoff said to us first i am giving you permission and want you to talk about it my first interview to the media i said the banks must have known and were complicity and contributing to my crime. i have offered the bankruptcy trustee the information i possess that would demonstrate in detail their complicity behavior of banks jp morgan chase, citicorp, bank of ny, hsbc i am overing this information to the appropriate governmental committees in the hope that this proves helpful in future regulation of the approp

we do have earnings from adam shapiro. go ahead, adam. >> david, yeah, we've got oracle here. and it is a miss. they missed on earnings per share. 65 cents was the non-gaap earnings per share. street was expecting 66. street was expecting 9.83 billion. david? david: after-hours this stock is dropping fairly significantly. >> 5 1/2%, 5 1/2%. they have a lot of cloud computing. we've seen in the past couple days, if you don't hit the numbers on cloud computing, very often you can miss the numbers in the stock. >> they're saying, david, that they're saying new software licenses and cloud software subscription revenues were down 2%. 2.3 billion of their overall revenue. lauren: thank you so much, adam. we have joe kucih in the pits of the cme. we have all-star panel to break down oracle earnings and fed statement. former fed economist and january any capital markets chief income strategist. joe at cme. markets in positive territory all day long, hitting new highs but a rare muted reaction to the fed. so we'll start with the fed. why so muted? >> well, because i think we didn't get

adam shapiro is live inside mcafee next. ashley: look at 10 and 30-year treasurys.wn to 1.85%. as for the 30-year. the same story. down 2. we'll be right back. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorsw from td ameritrade. ♪ >> i'm dennis kneale with your fox business brief. shares of chesapeake energy are trading down on news the sec is investigating the company and its ceo aubry mcclendon. regulators are notifying the company that an informal inquiry has gone into a formal investigation. the sec is looking into a program where mcclendon received a share in every well that chesapeake drilled. >>> u.s. factories expanding for the third month in a row and at the fastest pace since june 2011. the institute for supply manage anti-index of manufacturing activity rose to 54.2. >>> sacramento mayor kevin johnson getting financial help in the fight to keep the nba kings to from movin

adam: i and adam shapiro. melissa: i

adam shapiro. >> good morning to you. >> the samsung galaxy came out. >> you will get your hands on it at the end of april. they isn't set o-- released it yet. >> talking about how you would be able to look at it and control it. it has gesture control. it can start and stop video just by your looking away from it. it has gesture control you no longer have to touch the screen. you can wave your hand over the screen. like waiving your hand it will do thing things. you cont evweent gesture. iphone is out selling galaxy phones. it could be a game changer for samsung. those two are at it like this. the winners will be you and me. this will drive down prices and improve technology. you will like this kind of competition. >> i know we talked about u.s. airlines merging with the carrier. >> they were going to file the reorganization plan they like to see the airlines with a little turbulence. they will be delayed in the depart tour. they filed in an extension to may 29th. not as soon as they had expected. >> the delays are just beginning. a lot of jobs i would say for america and u.s. airways

this is adam shapiro. you refer to it as investable pullbacks, opportunities to get in? >> right. aphic that shows it. last two months, january, february of this year we saw a huge amount of money come back into the market. i think it is 55 billion according to trim tabs. do we have the graphic? >> right. adam: that money, isn't that usually the sign we are at the point of the rally that you don't want to becoming in? >> well, that includes global funds as well as. as far as domestic u.s. equity funds, the numbers are about 21, 22 billion through february. and look, the previous five years saw every year outflows totaling 601 billion. so we have a long ways to go before we reverse that trend. we would argue that, yes, we don't have the fear an panic that we did four years ago in march of '09 but we still have fear, we still have anxiety and the anxiety has shifted a little bit from one of fear of losing money to fear of losing an opportunity. and i would say we're still in the early innings of sentiment shifting from this anxiety and fear toward one of more confidence. and we think

liz: let's get to adam shapiro.tting him on the case, he is live at mcafee headquarters in california talking to somebody, i guess the smarty-pants is unbelievable. >> they do find the bad guys. i would love to remind you about what we talk about and some of our previous live shots. when a virus gets passed, the firewall that you have on your computer, when it passes the security systems, corporations, not just the consumer, but what do you do? i would like to introduce you to one of the copresidents here. they have talked about a firewall, some other systems, and are they integrated? >> yes, you look at traditional security. there is an idea of your firewall, the pc, security on your mobile devices. all of them working together. >> is that happening now? is anyone doing that? >> it is interconnected and that's what we do here at mcafee. it is definitely a trend inside the industry. >> one thing that about mcafee that people may not be aware of, we spoke with the other copresident, talking about how you see the big

adam shapiro is here. can anything give the iphone a run for its money? >> i am a little prejudiced i am an iphone guy. it surpassed samsung they ha ip they have 29 percent of the market iphone has 22. it will be pretty much the same old thing with improvements to the camera that kind of thing. smart phone experts say you won't see changes in apple and samsung until a year and a half where you get bendable screens. you know all of them with smashed screen that is may be gone forever. >> that is when you drop it and it breaks. >> bendable screen. >> nothing surprises us any more. >> march madness just a few more days. >> brackets on sunday. >> how does it effect productivity at the workplace? >> people tend to watch the games during the workday on computers. don't you love that you can get video on the computer. none of us at fox news do that. to show you how much productivity is lost, they have an lal sis abonal sis 134 doll million -- $134 million. cyber monday 488 million. summer olympics 650 million. fantasy football 6.5 bill. march madness no hangover

let's ask adam shapiro from the fox business network. they are supposed to merge 31 billion. >> good for taxpayers or bad? >> here's where we span you and i 300 other americans failed fannie mae and freddie mac which backed 9 out of 10 mortgages in the united states. they are private company even though they are in charge of them in 2008. n now there's a plan they are talking about a new company a back room operation that would eventually lead to a new organization and get rid of these. >> thare they going to xhoers o be better for snus>> it will cost you more in the end. what it might do is eliminate the government. be very careful. >> another topic is a lot of consumers when they switch their cell phone carriers they can't -- there's no portability. you can take your phone number but you can't take your cell phone. that may change. >> i brought my cell phone. that is a 1964 -- daytona. why did i bring this smart phone on with me? if i were to unlock this phone because i am still in my contract with a carrier who dropped service. if i w

. >> adam shapiro from the fox business network. everything costs more now. >> coming up on "the rundown" you want to work at home? cheryl casone is here with three companies hiring this week including one where you never even set foot in the office. how one 8-year-old girl saved her friend's life in the middle of a busy cafeteria. we will tell you about that. well you can see if the hotel is pet friendly before you book it, and i got a great deal without bidding. and where's your furry friend? oh, i don't have a cat. now you can save up to 50% during priceline's spring hotel sale use promo code spring for additional savings on all express deals, including pet friendly hotels. express deals. priceline savings without the bidding. i'm kirk cameron, 400 years ago our forefathers risked their lives to bring this bible to the shores of america, because it contained the principles for economic liberty, political liberty and religious freedom. it was the first complete english translation, complete with chapters, numbered verses and over

adam shapiro from the fox business network joins us now to explain. >> 236,000 new jobs announced friday but some could be high highered. >> one they look for is the hours you and i are working. the average number of hours we are working is 34.5. 34.7 is what they said in 2008. manufacturing is exceeding the number worked. they ask you to work for more over time you can't stretch any further you have to hire people. the only hint of problems is the sequestration. look if people have more money out there for long you aer hour people buy some. spending cuts keep people from spending money. this is a good time. >> very excited about the next story. couple numbers for you. 17 and what's the number, 8. april 8th is the big championship game and the 17th of march. >> we have all heard of march madness, right? the tk v networks and mtaa have march money on their minds. did you know a championship game for a 30 second spot they are going to charge something like 1 and a half million dollars. they don't get that for the nba championship. turns out for the last ten years the final four is generate

let's ask adam shapiro. >> as far as the markets are concerned when we talk about stocks it's not goingve a big impact and even oil. oil closed yesterday below $90 a barrel. that could change today but venezuelian oil output according to china it accounts for 8 percent of our imports that's half of what it used to be 15 years ago. they need to get their oil infrastructure in place. nobody is expecting a major import because of this. >> could see a big change today at the pump. >> in fact the company that -- (speaking spanish) bottom line is venezuela are saying things are normal and that's going to be a big struggle over who will run this. >> there's a word in yiddish you can't say it when the kids wake up. the postal service which because down $16 billion sent out an invitation they are having a party for postal service executives they are spending 2 million on the party line for 400 executives but the invitation is a video invite. huffington post got a hold of one of the invites it costs 8,000 dollars per invitation. this is a pr nightmare for the postal service. what are they doing s

adam shapiro is in the fox business network with his take. going public again possibly. >> possibly. >> taxpayers pay back our investment is in chrysler. fiat got the majority steake in chrysler and the union got minority's sake. fiat is negotiating with the union to buy the shares they would outright own chrysler. >> chrysler would become not a u.s. company but an italian company. >> they are fighting over how much is worse. what they are saying is we can make chrysler stand alone american company, let invest gores buy sto-- investors buy sk and be on its own. he is trying to find the value of chrysler. according to fiat 1 billion and the union 10 billion. >> with fiat if fiat takes over all of chrysler would will he be able to boot the union? >> the unions could still be in the united states. they have to add here to u.s. labor laws. >> good-bye or bad buy for investors right now? >> chrysler? can't buy yet. >> oh, right. let's move on to our next subject. this is interesting. joe flacco the best paid player in the nfl. >> good-bye or bad b

here with more on this is adam shapiro from the fox business network. rning to you, he heather. this is something legitimate. big brother is watching. big brother will be watching what we write in private emails. president obama issued executive order on cyber security which allows the government to scan internet traffic flowing between banks and utilities and companies that are identified as nation's infrastructure. last week the heads of the national security agency and other intelligence agencies said cyber attacks now pose a greater threat to the united states than terrorism. the department of homeland security can now gather secret data from telecommunications companies and hopes to have the email spy program set up by the end of the year. the administration is seeking legislation to require internet service providers to inform the government about malicious software. as well as the ip address that that software comes from. there is a push to allow utilities, banks and railroads to purchase better cyber security services from companies that provide

adam: i am adam shapiro which are fox business brief.n the spotlight after hours when the company reports first-quarter earnings. investors expecting them to continue to progress from approved software to subscription services. and investing $130 million building the first factory in china as part of a plan to move production closer to asia. the fastest growing market. construction will begin next year and will be fully operational come 2017. home prices helping homeowners bounced back from underwater mortgages in the fourth quarter according to the housing market improving from a combination of fewer foreclosures, tighter supplies and higher prices. we continue our "countdown to the closing bell" now with cheryl casone. cheryl: investors are grabbing a slice of one pizza and washing it down with some beer and wine. nicole petallides with a case of three companies hitting new record highs today. nicole: that is right. take a look at constellation brands down slightly, half a percent. before it hit a lifetime high today. two other names w

adam: i'm adam shapiro. tracy: i'm tracy byrnes.tting session lows in the last hour as the world desperately waits on cypress. markets come back a bit. the dow is down 43 points, trading at 14,409. protesters are taking to the streets in cyprus with the parliament due to vote on the controversial plan to tax bank deposits. we're going to bring you all the developments ahead. adam: also a high-stakes meeting between treasury secretary jack lew and china's new president. the tone, friendly but was it too friendly in light of china's cyber threat and multiple other conflictss? former ambassador it china and former presidential candidate jon huntsman shares his insight right here coming up. tracy: that is going to be good. apple shares losing a third of their value in six months. at the same time the company's cash stash keeps growing. is it time to buy the stock? we'll talk with a big money fund manager who says yep. but first, top of the hour, stocks were in the red, are in the red today despite better than expected housing data and o

adam: welcome back, i'm adam shapiro. tracy: i'm tracy byrnes.ssure, the dow is headed for only the third loss in the last 15 sessions. concerns about weak tech sales pulling down the nasdaq of the is it a sign of more selling to come? >> the housing market shows new signs of recovery but a dark cloud left over from the housing bubble threatens the future. what should we do about fannie mae and freddie mac? housing finance expert ed pinto will tell us why he says the government needs to make urgent reforms now instead of later. >> yeah. a balanced budget without tax hikes? the house passed the ryan plan of the can it lead to a bipartisan deal on spending cuts? if only, if own any. congresswoman marsha blackburn weighs in again. i hate to be a doubter but there is that. adam: no doubters. we have to check stocks because, boy, in the last hour we accelerated to the downside. nicole petallides on the floor of the new york stock exchange. what happened? >> we're certainly get headlines out of cypress to talk about the fact they will limit how much pe

adam: i'm adam shapiro. it is being called the great european bank robbery.nts to fund its bailout by seizing money from private bank accounts. the plan is sending shockwaves across the globe. will it happen and what will be the fallout? we're looking for answers just ahead. tracy: talk about not thinking things through. u.s. stocks cutting steep losses from the open thanks fully. so what will the new european fears mean for the market's record run? the dow is only down 29 points now. we have big money strategist jeff klinetop from lpl financial. he will share his outlook in moments. adam: new treasury secretary jack lew will go to china and try to pressure chinese leaders to act on sigher attacks and chinese reform. gordon chang will call this trip jack lew's trip his first big mistake. tracy: sounds like a movie, doesn't it. time for check stocks on the floor of the he is change. nicole, both your parents were born in cyprus? >> both my parents were born in cyprus. my mom in the north which is beautiful though i have never been and my father in another part

. >> i'm adam shapiro with your fox business brief.erce secretary rebecca blank is taking a new job as chancellor at the university of wisconsin madison. of blank will start her new job in july pending final approval by the school's board. federal employees will rally in washington, d.c. wednesday to protest federal spending cuts known as sequestration. the american federation of government employees organized the event which is just one of about 100 rallies taking place nationwide. amazon publishing is planning to speed up royalty payments to its authors. amazon sent a letter to literary agents saying it will start paying monthly royalties within 60 days of the end of each month every month. authors were typically being paid every three months. we continue our countdown to "co the closing bell" with cheryl casone. ♪ cheryl: shares of broad come are chipping, get it, higher or today after a new report. let's head back to nicole at the new york stock exchange. one pun, nicole, just one. >> reporter: right. well, this is a big deal here

. >> i'm adam shapiro with your fox business brief. wall street as all eyes remained on the developments in cyprus. the dow the only major average to have a gain. >>> yahoo! is reportedly in talks to have a controlling stake in video site daily motion. the tech giant could buy as much as 75%. with the ability to buy the remaining 25% in the future. this would mark the first major m&a move for yahoo! ceo marisa mayor. a spokesman for yahoo! said we don't comment on rumors or speculation. >>> statue of liberty was not damaged during superstorm sandy but several structures on liberty island were ruined including the dock for ferries carrying visitors. that's the latest from the fox business, giving you the power to prosper. lauren: we have breaking knew news on cyprus. sources tell dow jones that ecb officials are working on capitol -- capital controls when the banks open. we'll keep you posted on the developing story. very driven headlines today. >> shares of struggling retailer jcpenney are down over 50% over the past 12 months. ceo ron

adam shapiro with your fox business brief. it was a very stay on wall street.a controversial plan to impose a levy on cyprus bank deposits as part of a financial bailout. this closing bell, the dow finished 62 points lower in the midday at 14,452. the nfl will pay $42 million to settle a lawsuit from a group of retired players for using their names without permission. as part of the settlement the nfl will also set up a licensing agency to make sure retired players are paid for the use of their identities and promotional materials. nearly one in three employees say they took of hardship alone from their retirement last year. that is up from one in four in 2011. according to financial finance women, lower income workers, and younger workers need that money despite be improving job market. that is the latest from the fox business network, giving you the power to prosper. ♪ ♪ sandra: the world's first paid by mobile phone parking services come to the u.s., and it may just make parking your car a little bit easier, a little more convenient, and another side to the

here to wrap up the here, adam shapiro and sandra smith sandra: we're in for david and liz this afternoon. nicole petallides she has got it all. she is down on the floor of the new york stock exchange. nicole, a down day for the markets but there are some names bucking the downward trend. yahoo! is one of those. >> absolutely are. over my shoulder, you see the congressional medal of honor winners. a great day on wall street as well. oppenheimer raised their target to 27 bucks to 22. ali baba which have ipo and yahoo! owns a 24% stake. adam: nicole. saw a pullback for boeing. they are conducting the test flights for the 787. they weathered storm so far. will they continue? >> they will do test flights with the new revamped battery. they have done well so far. they managed to stay in the green up 12% despite all the issues. we'll see how test flights go. sandra: we're waiting on earnings from nike. this is a big consumer to watch. how are is the stock looking ahead of the results? >> down right now. a winner year-to-date. that will be a key one to watch. adam: oracle a drag on the tech sect

. >> i am adam shapiro with your fox business brief boreal caribbean should open the everglades todayers. they are thought to be infected with a virus. they say the ship was sanitized. continental exchange has agreed for five years. it try to win government approval. also aiming to set up customer committees to advise. news corporation says its soon-to-be spun off pushing companies will have a sizable catholic position of $2.6 billion. news corporation is the parent company of the fox business. that is the latest from fox business. giving you the power to prosper. ♪ ashley: airline pilots and flight attendants fighting back against the tsa's decision to allow small knives and sporting equipment on planes for the first time since the september 11 attack. gerri willis joining us with more. i cannot understand why the change in policy. liz: it is not just knives, hockey sticks, lacrosse sticks, golf clubs. you can bring them all onto the flame. i am not talking about in your bag stashed in the belly of the plane. they have a requirement for the knife. the light has to be under 3 inches.

>> i am adam shapiro with your fox business brief.g a better-than-expected report. right now the dow is up roughly 29 points. investors are bullish. the company said it would review a discussion to this companies. smithfield should also -- according to the "wall street journal," google's motorola mobility will begin layoffs this week and a plan to cut 10% of the smart phone makers workforce. this follows google's august announcement that it was cutting 4000 jobs at motorola. that is the latest from the fox business network. giving you the power to prosper. ♪ cheryl:.com markets now. here are some cyber security picks. kathy on is a stock to watch. he also likes palo alto. palo alto is an open ended growth stock because of its next generation firewall. joseph firm holds both stocks. palo alto networks is down by $0.54. we will have reports on investing in the cyber security sector in just a moment. let's first go to nicole petallides on the floor of the new york stock exchange. all of this snow and rain is getting to me. new england ge

adam shapiro has been here since 3:00 in the morning. it's sort of like watching the cast from the living dead. dagen: thank you. >> and you actually work with a guy that is technically dead in the morning so -- connell: you mean imus. >> what were we talking about? dagen: tax increases. we can talk about the health care taxes that increased this year and that will be a drag on the economy. >> that's the prevailing wisdom. payroll tax, you know, went back into effect and that was thought to have a prohibitive effect on spending. we haven't seen it to the degree many feared. then you use the reverse argument. if taxes didn't go up and if these top income rates and other surcharges for health care didn't kick in, would the economy do better? we'll never really know but we already know that a lot of people are sort of playing loose when it comes to their own medical coverage about what medical options they're going to take and what plans they're going to take and as we've seen from our own premiums here, they go up and they go up pretty sma

. >> i'm adam shapiro with your fox business brief. 500 lufthansa flights have been canceled ahead after union strike. the employees are authorized to strike tomorrow over a wage dispute. the union says the strike is expected to start at 5:00 a.m. local time and last for five hours. this comes ahead of the next round of wage talks scheduled to start friday. >>> visa says it now has 35 online retailers using its vdot-me service. >>> according to a new report from ratings firm moody's, u.s. companies are sitting on a record amount of cash to the tune of $1.5 billion for nonfinancials. 58% of its it is farced overseas to avoid u.s. taxes and. that is the latest from the fox business network, giving you the power to prosper. lori: fox business senior correspondent charlie gasparino has some news on jpmorgan chase. charlie joins us now on the telephone. charlie, what's the word? >> well, interesting enough, you know a lot of the investor advocates applauding jpmorgan chief jamie dimon give up role as chairman and keep the chairman job. on people close to dimon, here is what they're telling th

obviously this bank stock, a dow component is one being featured today because of the news we heard adam shapiro told us that bernie madoff directly messaged with him, talking about the fact that the banks must have known, including jpmorgan. now the prosecutors are probing jpmorgan's actions during that time, during that madoff ponzi scheme and we'll see what they find. back to you. tracy: sure will, nicole. see you in 15 minutes. ashley: okay, well, look, cyprus finally preparing to reopen banks tomorrow but with some restrictions. as you can imagine quite a lot of security in place. it has beenna chaotic sequence of events that all came to a head 11 days ago. when on march 16th cyprus became the fifth eurozone member to ask for a bailout. in exchange for a 10 billion euro lifeline, banks deposits of more than 100,000 euros would be hit with the 6 1/2% tax and those with less would be $3.25. we take a look at the timeline. as protesters hit the streets, banks were closed fearing a run by panicked customers could wipe them out. three days later under intense pressure the cypriot parliament reje

adam shapiro live from santa clara, california, where he has exclusive access to maccabees world headquartersporter: very cool. we are actually in the war room. this is where they are monitoring cyber threats, hackers, worldwide. want to get to something that is a genuine problem. project blitzkrieg targeted at every american bank account. possibly within the next 30 days. this cover this and verified it. he joins us to discuss why the bank account may be a threat and what you can do about it. very simply what will happen in 30 days? >> there is a plan massive fraud. an uptick in fraudulent transactions against every american. >> reporter: this is called project blitzkrieging originating from a hacker. i can't even say his name. in russia. essentially what they will do is target 35 angeles positions here in the united states. there already, from your research, about 500 victims, got $5 million. but other going to go after high net worth individuals. your telling me every american with the bank account. >> correct. the whole idea behind project blitzkrieg is to get as many accounts compromise

fox business network's adam shapiro sat down with a top cybersecurity expert for mcafee and here is whatlearned. >> the whole idea behind project blitzkrieg is get as many accounts compromised in a short period of time, which means they will target average americans no matter how big or how small. they will be transferring probably a couple hundred dollars from a large number of victims across the u.s. they will transfer it to other accounts who are actually willing accomplices in a money laundering scream. jenna: joining us now, morgan wright, cybersecurity analyst and former advisory to the state department anti-terrorism assistance program. morgan, we talked about this project before. is it completely unstoppable? will it be happening no matter what? >> well the good news is, the bad news is it is going to happen. the good news is you can take steps to prevent some of this from happening. what they will do is exploit vulnerabilities in your operating system, in you, the consumer and your online behavior. jenna: talk a little bit about that. if we notice we suddenly had no money in our

. >> steve: he spoke exclusively to fox news' network adam shapiro who joins with us details. >> good madoff is sending us an e-mail in which he says, i'm just going to read it. it's really short and quite specific. he says from my first interview with the media, i said the banks must have known and were complicit and contribute to do my crime. although i've offered the bankruptcy court trustee the information that i possess that would demonstrate in detail their complicit behavior of banks like, jp morgan chase, bank of new york mellon. city corp., and others, the trust yeah seems unwilling to act on my offer, therefore, i am offering this information to the appropriate governmental committees in the hope that this information will prove helpful in future regulation of the appropriate institutions. got to point out that the trustee actually issued a statement and said that the trustee's position is that as the perpetrator of the largest ponzi scheme in history, madoff's credibility is highly suspect and has no substantive value. what bernie is saying is he will meet with anyone in co