aig is in wonderful shape as a strong global insurance company. i can only speak for aig.f your there was news that you are ,iring 600 more advisors diversifying the retirement products you are selling to the public, annuities, fixed and variable -- those sorts of product. why are you diversifying into that? >> first of all, we are already diversified, so we have a broad array of businesses. we are diversified around the world. this says we want to do more. we want to move more upscale in terms of some products we offer in the u.s. in particular. so, we do have a good, strong access to third-party distribution of independent service producers. we have our own career agency, and the feeling was let's broaden the ability of that group, train them to do more, get them to do more. it is not just about selling insurance products. it is about having a relationship, dealing with the needs of our clients. >> being a part of their everyday life. >> sure, thinking about their immediate problems, dealing with investments and retirement and so on. 600?uld you hire more than >> we coul

the people of aig had been through hell.were being criticized and vilified in the press every day. people were afraid. >> there were death threats. >> they were afraid to have aig on their badges and so on. my job was to let them know i would work for them and that i would protect them and we would get this vision worked out and we would make this company viable again, working together. that is what they wanted to hear, to make sure people could get a vision of where you want to take them, to make sure you show respect for them, and keep people from attacking them. >> how long will he stay? >> i told them i would stay if my health holds up, that i am prepared and we are going through a plan. i could sign the 10k the first quarter of 2015. everything seems to be ok and they are ready for the next leader to come in, i'm prepared to step down. i will be close to 71 years old then. >> are you interested in moving on to another job? or will you go back to your vineyard and enjoy good life there? >> i am feeling pretty good. to th

air cap makes a deal with aig. the company is set to become a leading global franchise for aircraft. less, the top executive from a digital mini company that is companies per day. we will tell you why they are considered the youtube of publishing. plus, why lindsey vonn will take off once she returns from injury. all that and more over the next hour, but first, headlines with su keenan. >> thank you. new jersey governor chris christie gave his state of the state speech today. told lawmakers to move beyond the traffic scandal. >> what has occurred does not .efine us or our state this administration and this allow the will not work that needs to be done to improve the people's lives in new jersey to be delayed for any reason. and federal officials the bridge into scandal and the hurricane sandy ad campaign that featured chris christie. settlements were paid by jpmorgan with ties to the bernie madoff ponzi scheme. wells fargo reported record end of your profits. the numbers were all stirred by a one-time gain. bell, g

we're aig. and we're here. to help secure retirements and protect financial futures.ties recover and rebuild. for companies going from garage to global. on the ground, in the air, even into space. we repaid every dollar america lent us. and gave america back a profit. we're here to keep our promises. to help you realize a better tomorrow. from the families of aig, happy holidays. >>> more back lash against seaworld over the documentary black fish. with peta planning a protest during the rose parade. seaworld's float will have them in the ocean. a far cry from the way the movie portrayed them. >> reporter: as the rocket ship explodes -- >> reporter: the rose parade, america's new years day tradition. along with the flowers, the floats and the bands, there will be controversial this year. the target, seaworld. >> i want every family to know the amount of suffering in just one tank at seaworld. >> reporter: rose mccoy is an animal activist. the 12-year-old took it upon herself to hop the barricade at the thanksgiving parade in new york to protest in front of sea world's

what do you say to aig of what you should be doing?m going to sit down and write a trip report on the plane on the way back, for sure. i've had some interesting interchanges with individuals. up.ed to add them i still think this is a world of opportunity in front of us. our business is accepting risk and charging for it. that is our business. to the extent people perceive risk and are willing to pay projection from it, it is going to be great for our industry around the world. >> do you feel popular here? you're not in business is that people particularly like. what is your mojo like? eric schmidt, people want to party with them. what about you? >> i was in that dinner last night with bono. >> what is it like for you today than compared to a few years ago? >> because of what aig has done in the fact i'm chairman, i did a lot of people coming to me for my views, my advice. nobody would have asked that three or four years ago. >> how about you? >> i always seek steve's advice as well. he has worked out some great companies in the united

government which controlled 80% of aig following that bailout, this still exists.inating. liz: ben bernanke will testify? >> well, according to a federal judge he could try to stop it this time but he is private citizen, ben bernanke. he is no longer fed chairman. liz: charlie gasparino, breaking that news. he will have much more on foxbusiness.com and if he getting anything else he will break back in. >>> well my next guest warned about a dysfunctional financial market but he did it before the explosion and overheated housing market blew up and warned about a growth in 2007. he takes out his crystal ball for you right here and tells you and yous what he sees ahead for 2014. joining us professor martin feldstein, harvard university professor of economics. wonderful to have you. we really want your opinion on this. you were so ahead of the game back in early 2007. take out the crystal ball for our viewers and tell us in the short term what you see for the year 2014? >> i think 2014 is going to be better than the last several years. for the last several years as you

the firms named as systemically important so far are aig, ge capital, and prudential financial.are notthat, saying they think those companies are in trouble. what they are saying is, these companies are so big, so interconnected to the rest of the financial system, basically so tied into the broader financial system that if they were to fail, it could be bad news for the broader financial system. like when aig went down and lehman went down. >> thank you very much, ian katz reporting from washington, and ec santorini recently agreed to buy the whiskey giants beam. some suggest the takeover is unpatriotic. hereto joining us with -- here to join us with more on this, heather greene. alesci, a bit of a whiskey aficionado as well, right? >> absolutely. >> so talk about this takeover. bourbon, which is really jim beam's iconic liquor -- w is an umbrella term. when we talk about american whiskey, probably the most important -- popular right now are bourbon and ride. have wonderfulam whiskeys they have been making for about seven generations now. >> a day after the deal was announced t

from the families of aig, happy holidays. before those little pieces would get in between my dentures and my gum and it was uncomfortable. [ male announcer ] just a few dabs is clinically proven to seal out more food particles. [ corrine ] super poligrip is part of my life now. >>> the towering walls of indiana state prison have been guarding inmates' secrets since the time of the civil war. but during the shooting of our "extended stay" series, prison officials allowed us to give certain inmates handheld cameras that they could use to record their thoughts in the privacy of their own cells, and the inmates, who all had plenty of time, also had plenty to say. >> living like an animal. what i'm doing now. >> i'm handsome. >> kind of feel like an idiot talking to his camera. it's like i'm talking to myself. it's crazy. >> it was a very interesting new thing that we'd never done before, and i was able to give these cameras to the inmates and kind of give them a brief tutorial on how to use it. and it was an interesting thing bec

from the families of aig, happy holidays. >>> welcome back.s it's humbling and inspiring. >> don't you go i wonder what i would do in the same situation. i doubt what i could do what they did. but they feel they were in those situations for a reason whether god was testing them or put them there or a higher power, they believe they were meant to be there and to do these things. >> and the other thing that they share is they don't consider themselves heroes. just human beings and ordinary people wanting to help others. it makes you wonder how you would react if you were in their shoes. i'm anderson cooper. thanks for watching. >> and i'm robin meade. thank you so much for joining us. >>> happy new year! it's the first of the year which means new laws and big legal challenges to come. the nsa, same-sex marriage, obamacare. we'll break down the year ahead. >>> the president's challenge, 2013 was a rough one for president obama. can he turn it around in 2014 or will the republicans gain ground? our experts weigh in. >> >>> new year, "new day," new

theat the time he went into bailouts, for example aig, and other financial institutions, he was criticizedr these policies. but in the end, it turned out fine. >> now we have janet yellen. she has taken over postop she is to be sworn in on february 3. what are the major challenges that she faces on day one? >> the main thing is to continue what bernanke has done. economysee now that the is picking up again. you have to start winding down the quantitative easing policy. but you have to do it in a progressive way, a controlled way, because if you do it to brutally, that long-term interest rates will go up. do is to wind to it down for aggressively -- wind it down not too aggressively. that is the challenge. but i think she will do very well. she has been working with bernanke and she understands very well the policies. themnk she will implement slowly, the winding down of the quantitative easing. >> a professor of economics at harvard university, thank you for speaking with us. storyhead now to our top out of geneva, where the syrian peace talks, the first round of them, wrapping up. we can

we're aig. and we're here. to help secure retirements and protect financial futures.lp communities recover and rebuild. for companies going from garage to global. on the ground, in the air, even into space. we repaid every dollar america lent us. and gave america back a profit. we're here to keep our promises. to help you realize a better tomorrow. from the families of aig, happy holidays. >>> an order of nuns got what they wanted in 2013's final hours. judge sotomayor blocked the exemption to the so-called contraception mandate in obamacare. barbara bush was hospitalized with a respiratory related illness. she's said to be in great spirits. now back to "lockup ". >>> due to mature subject matter, viewer discretion is advised. >>> and there's miss rivera. smile. >> kenneth morgan, also known as peaches, was one of the more memorable inmates we met at the penitentiary of new mexico. his life in prison is marked by a clear duality. >> hi, boys! >> he was an open, if not flamboyantly gay inmate living in general population. but when it came to adhering to the inmates cod

we're aig. and we're here. to help secure retirements and protect financial futures.help communities recover and rebuild. for companies going from garage to global. on the ground, in the air, even into space. we repaid every dollar america lent us. and gave america back a profit. we're here to keep our promises. to help you realize a better tomorrow. from the families of aig, happy holidays. >>> at the lime on correctional facility in colorado, raymond slater became a hustler because of his ability to deal with inmates. but as the father of a teenager, he wasn't quite as confident of his skills. his daughter rava was 16 years old with a newborn of her own. she and ray had not seen each other in more than 10 years. but with his release date more than a month away, they arranged for a visit. >> i was really nervous about the visit because ray was so nervous. when we showed up to film the visit, we started with ray. and he was a wreck. he hadn't slept, he was fidgeting. he seemed anxiety ridden. what's going on? >> you know what, i haven't seen my daughter in so long, yo

i want you to tell me two years from now, how would you like post benmosche aig? >> well, since he's one of my bankable 21 in "get rich carefully," i don't want him to leave. one of the reasons i do like the stock of aig. may i go to mike mike mike in new jersey? mike? >> caller: facebook boo-yah, jim. >> facebook is darn good and that's one of those social mobile cloud stocks i've been recommending endlessly. how can i help? >> caller: been following since you had the ceo on, what are your thoughts on a buyout? >> i don't think there's going to be a buyout there. but i like that thing. i've always played that issue with allergan. and that's been steadier than zeltiq. scott in new jersey, please, scott? >> caller: boo-yah, jim. >> boo-yah, scott. >> caller: my stock is a recent ipo, jones energy. >> yeah, my problem with jones energy, i've got a lot of seasoned companies that are real down on their luck lately like a continental, pioneer, eog, and i think they're cheaper. let's go to sal in new york, sal? >> caller: boo-yah, jim cramer. this is sal. >> hey. >> cal

meat is rare once in a while there's an aig depends on what their modest farm can produce. fruits provide important nutrients coconut mango bananas and. this one. i was one of. the well. you know one of the books were surprised how much the family is able to get out of the scarce ingredients available to them but a. farmer shows us his rice fields he owns just a quarter of a hector of land most of the time there's not even enough rice to feed the six members of the family. in its current stage of growth the rice has to be flooded every two days that allows him to come back the main pest a snail using biological methods it isn't much but it works without the use of chemical additives he assures us that this method has proven successful on his small farm. we learn that the farming families on this island are organized into so-called poor ox units of ten to fifteen households that are trained in agricultural issues if necessary they mate even receive seedlings free of charge in addition the island's government also trains local health workers and good afternoon everyone. at th

from the families of aig, happy holidays. there's no secondhand smoke in here... ...and no cigarettecancer. and we cannot be silent until it's 3 out of 3. this shout-out is for everything the american cancer society has done in the last 100 years. make your tax-deductible donation by december 31st and help finish the fight. ♪ >>> how beautiful is that? we're taking you all around the world for the celebration because we're cnn and that's how we roll. that is dubai, middle east featuring 400,000 pyrotechnics coming out of that building. in fact, guinness already declared it a world record rolling in here to 2014. back in the states an awesome new year's eve party tonight here in new orleans. where they will be dropping the fleur de lis. we're on jackson square in the french quarter. music city in nashville, they're dropping, of course, appropriately a music note. that is where susan hendricks is there. susan, we're getting very close. happy almost new year's. >> happy almost new year's to you, too, brooke. it's getting very close. very exciting. 7 0,000 people are here. hank williams

meat is rare once in a while there's an aig depends on what their modest farm can produce. fruits provide important nutrients coconut mango bananas and. this one. i was well. you know well. you know one of the books we're surprised how much the family is able to get out of the scarce ingredients available to them. shows us his rice fields he owns just a quarter of a hector of land most of the time there's not even enough rice to feed the six members of the family. in its current stage of growth the rice has to be flooded every two days that allows him to come back the main pest a snail using biological methods it isn't much but it works without the use of chemical additives he assures us that this method has proven successful on his small farm. we learn that the farming families on this island are organized in the so-called poor ox units of ten to fifteen households that are trained in agricultural issues if necessary they may even receive seedlings free of charge in addition the island's government also trains local health workers and that after you know everyone. at the b

internally the irs woman involved with it was aig obama supporter. do you have confidence in that? >> it's not even a question of confidence. i think it was a stupid thing to appoint her to do the investigation for all the reasons we're sitting here and talking about. no, i don't support that. we keep getting away from the point. the point is supposed to be does the irs deserve a reasonable budget to get their job done. again, liz went back to all the problems of the irs doing its job. they didn't ask for this job, congress gave them this job, why are you going to punish them in the process of doing the best job they can do. >> $11 billion a lot of money when agents tell me yes we can do it, we put in computer systems that don't talk to each other. >> steve forbes, the thing is americans are looking at the irs a little different. nobody likes to pay their taxes. on the other hand, now they are much more ofn enforcement agency. they got a badge underneath their lal. that's kind of scary. they may not be asking for this but with that new role do they deserve new money? >> no. we saw

when it was they yell aig to tell you my life story tonight i think the whole world already knows it. i. seen list in our world view. is that this way of creating an economy of making money is completely illogical it's illogical because it destroys nature. made of steel not the less if you destroy nature you basically destroy the person's soul three and what follows at the end of the day is that the person's life is destroyed and of the someone we have very close to nature and means a great deal to us which we are parts of the whole of someone told. me they conflict unfolding in the highlands started when the one tiny a mining company attempted to transport an enormous metal cylinder to san marcos he had the pan-american highway. like that but i think i think. he's disentangled at his knees or some of the scenes from what happened yesterday in the west of the country in a bid to get up when about one thousand police officers and three hundred members of the army confronted hundreds of farmers from various villages in that region that is this interim in this and of the armed internal c

the taxpayer funded insurance bailouts for aig and freddie mac and fannie mae. they paid it back. the bailout prevented a complete collapse, but it prompted this in lower manhattan. >> we got sold out. >> the banks got bailed out. >> we got sold out. >> that anxiety and anger permits. let's look at what main street got. americans in their homes with varying degrees of success. working americans got to keep more of their own money thanks to the payroll tax holiday. and the auto bailout kept 1.5 million americans on the job. the government launched a massive expansion of the safety net. in june of 2008, president bush extended unemployment benefits that were provided by the states. that program has been extended 11 times. the cost so far, $225 billion. the obama administration says it kept 11.4 million people out o poverty. ken, the question is did they do enough to keep people? >> the answer is no. we should have kept more of the borrowers in their homes. that would have helped everybody. that would have helped the banking sector indirectly. the mess would not have unfolded as badl

given that there's no aig investigation, or legislative investigation. later today, i'm going to be going to fort lee and ask to meet with the mayor to apologize face-to-face, and also to apologize to the people of fort lee in their town. i think they need to see me do that personally. and i intend to do that later on today. people of those communities for four days were impacted in a completely callous and indifferent way. and i'm going to apologize for that. let me conclude with this. thithis notthe tone that i've se last four years in this building. the environment that i have worked to achieve. we saw in the last four years republicans and democrats working together. not without argument. government is never without argument. but ultimately coming to resolution on so many different issues in a bipartisan way and running a campaign that was in fact a bipartisan campaign, so i'm extraordinarily disappointed by this. but this is the exception. it's not the rule what has happened in the last four years of this administration. i have considered it, over t

. ♪ >> some breaking news out of aig. they are hiring.y plan to add 600 advisers over the next five years. this is part of the effort to after thee brand insurance company paid its bailout from 2008. they are adding more and a lease. they already sell life insurance. they are trading lower in the free market following the news. trish, back to you. >> you are watching "in the loop ." i am trish regan with erik schatzker and alix steel. target was not the only retailer hacked during the holidays. we probably all heard about that. 70 million people affected. it turns out neiman marcus was another victim. there is news that there may be many more. >> yes. the news broke on friday. we learned more details about what happened. about one million customer credit and debit cards have been compromised. let's put that into perspective. targets numbers are huge. neiman marcus is numbers pale in comparison to others in recent years. you may remember what happened bytjx, people were driving and using wi-fi to steal numbers. target has 70 million, as ma

when it was they yell aig to tell you my life story but i think the whole world already knows it. i thought. i . see most in our world view. is this way of creating an economy of making money is completely illogical it's illogical because it destroys nature. made of steel and the less if you destroy nature you basically destroy the person's soul three and what follows if you at the end of the day is that the person's life is destroyed and a little someone with very close to nature and means a great deal to us which we are parts of the whole of us some of them told. me they conflict unfolding in the highlands started when the one tiny a mining company attempted to transport an enormous metal cylinder to san marcos b. and they pan-american highway. like that i think i think. disentangled in a sneeze or some of the scenes from what happened yesterday in the west of the country in the mid to going up when about one thousand police officers and three hundred members of the army confronted hundreds of farmers from various villages in the region that is this interim and this and of the a

executives explained that they will go ahead with the downsizing and restructuring of some sitters and he'd aig's board of directors decided on wednesday to replace chairman she calmly with a present he lucky penny she and the current senior vice president cushy at the peak as she hung up will become president and chief operating officer. they will take up their posts on april first do i order from. i think it's very important we should move forward and to do more to respond promptly to the markets. according to it and take measures to deal swiftly with strangers komodo became chairman in april two thousand and nine after he tought she suffered its largest ever net loss he has been pushing for structural reforms to rebuild its finances. snow continues to cause havoc in many parts of the united states meteorologist roberts data is here with more robert another so skillful that is all very freezing conditions in some places the windsor combining what that does make for us just absolute roses whether must take a look at some video here first out of buffalo new york and of cycling that some white out

aig's copper said that america's spy agencies believe that some elements of serious biological warfare program might have advanced beyond the research and development stage and might be capable of limited agent production. now i did try to have these comments are quite interesting you have to understand them in context mr cropper is making these allegations as damascus has been successfully complying with the russian u s brokered deal to remove and destroy its arsenal of chemical weapons the agreement was brokered as a way to avert a us missile strikes that president obama was reading in september to carry out now it looks as though the us administration may have a new reason to revisit the military played. i'm one of the ceiling and threats to cut the point totals. copper is warning that serene and militant groups tied to how he doubts it is the alice for price that is aspiring to add to the united states he told the senate intelligence committee on wednesday that extremist groups in syria are conducting training camps to train people to go back to their countries and conduct more act

aig's you can see him as the country and pop stuff bought this makes his progress over time business people to whom this is historic. or more. two in one year history. it must come to my seat coz its unsuccessful margin business is the mean when funding asleep and waking up with the puppets. the a unit. as i cheesy. i am. our the breakup child in the nineteen th. democracy. i teach english and spanish the group and only national support all the recent integration in the european union. celtic content on the issue. he calculates an open with europe. albania bosnia. the man craig share the former yugoslav republic of kenya coach of the money to make room and said the outdoor ones tasted economic and commercial shipping them constitute the eu. in many cases tell if the animals to teach me teach or preach and will extend obstacle to regional cooperation. from the european continent and expected. coach rich countries and regions to say that to treat in store for minority rights and fight against corruption and organized crime. the outta here. when cutting them to express our aid in its no

assassinations bombings and attacks on military targets have become an everyday reality for the population aig's lizzie kept the top looks into my kind of seems to be thriving despite all the toastmasters. bone chilling video the man driving his suv is on a mission to kill. the truck and then rolls into an army base and then his child while province a sickening act of terror was captured on film mom bought a lot more than fifty soldiers during the day my dear went beyond simply claiming responsibility. it released this video showing computer generated maps preparation for the attack an interview with the bomb or even included english subtitles. now finally there is then shown tiny group of captured soldiers. note that you and the americans are in the same trench. the american drones are in the sky and you are on the ground. in the arabian peninsula was formed in two thousand and nine. ringo states into a home group meeting ground for some of the most high profile plans to attack the united states in response us that the number on each of the humans hellfire missiles at the shamu attack with the

aig's closely or has the details the elements with al qaeda meetings had overrun the eve of the cities of punjab and the monte and thousands of places that are pvc area. as government forces who want a strike and find out onto the cells finance committee on monday he has not backed government forces will not be this area and took fourteen sixteen is an immense amount to crimes he eliminated but he does admit that for now the government has lost control in the sixties. in recent days the menace has received a boost as they were joined in a fine it's a case the baghdad government by sunni tribesmen and what is interesting is that it marks a change from the us clients to us that all three major accident i turned eight games al qaeda was witnessing not that they joining forces with the soft light that i hate the shiite led government now the american administration has incentive for creating the situation around me who predicted that one of the u s forces withdrew from iraq would be a vacuum that would be great to connect this with the fold with extremist elements the second mistake john k

together without appearances from the who's who of the speculative banking world you know executives from aig just b.c. and citi group not to mention jamie dimon and lloyd blankfein the c.e.o. of j.p. morgan and goldman sachs if these are the people trying to tackle global equality we might as well have justin bieber leave the mothers against drunk driving convention but for how. most disturbing is a poll taken by prince waterhouse coopers among thirteen hundred or so business leaders at the forum when asked about their top economic concerns seventy two percent of executives said over regulation of corporations no i didn't say that wrong over regulation because we all know that the two thousand and eight financial crisis was kicked off by too many government officials preventing banks from unloading toxic mortgages on a populace the people at the helm of solving global inequality are hollywood celebrities criminal bankers and giddy but kissing journalists so don't be fooled by all the hype because davos is really nothing more than a bunch of one percenters up in the alps laughing that you'll

air cap makes a $5 billion deal with aig.he company is set to become a leading global franchise for aircraft. plus, the top executive from a digital mini company that is adding 25,000 companies per day. we will tell you why they are considered the youtube of publishing. plus, why lindsey vonn will take off once set

the body the char us aig sdy life expectancy. increase from forty to sixty two. and is there del freak when she was in nelson schools textures be held on to the top of the stylists on the entry and you want one of the spurs top of their institutions the focus on improving stochastic or a boss but some textbook which help the country. so what's the future. they seem to get things done that last for three to five years to protect against all the different strains of flu around the world including possible pandemics like this one. the artifacts pharmaceuticals a portrait next to the blacksmith institute of science in which israel has developed just such a universal flu vaccine flu vaccines till now can target only a few strings of pirates. so each year scientists must try t predict the strains that will appear in the upcoming winter season. if it's saying this every year to wind up with alluding to the front is that not since the fall accidents in which dates from itunes this week bring about then again if living faith. we could all be devoted to the seventy s so th

expect aig is justice department will have legal guidance for banks regarding pot business in the future and gallop and other outlets show for the very first time a majority of americans favor legalizing pot. >> you saw it live here on hq, an unmanned spacecraft blasted off with special delivery for international space station. so if you could send one thing into space, what would it be? >> still time to get in your tweets next. my kids, they have off school three weeks. >> the stray cat that is harassing birds and squirs in my yard. >> charles says i'd like to send the women of fox news into space because you're out of this world. >> you could be fox news correspondent. >> charles is my favorite. >>> the real story, fallout as the white house comes out swinging in support of vice president joe biden after former secretary of defense slams him in a tell all memoir. and the president set to announce his promise zone initiative to help some of the poorest places in our country sounds a lot like former representative jack kemp's enterprise zone way back from 1980. and the nfl commissioner w

there were certainly points to addressre trying the financial condition of aig or some other difficultproblem. there was a little bit of discussion about whether or not the fed or the treasury should take the lead on that particular area. in the end, paulson in particular, during the heat of the crisis, was the person who is most exposed to the political wind. as secretary of the treasury, he represented the administration. in the end, he always did what had to be done. i think that was the reason we worked together. the combination of our consummate three backgrounds and skills and the fact that we shared purpose. there are many people in the among them,nomists who thought it was perfectly safe to a financial companies go down. we heard that in jackson hole a few days before the crisis intensified in september 2008. the three of us were very much an agreement that that was not a wise thing to do. we were committed to doing that. let me just also say that while the interventions with large failing firms are part of the story that get the most attention, much of the good work that was d

aig is an 11 multiple, sells a significant discount to book value.ns on equity are improving which enable the market to ultimately reprice the stock closer to book value. back value is growing and the stock is 47-ish, 46-ish. mr. parsons had probably more knowledgeable of two companies we own, citibank and we own comcast as well. we mentioned sandridge. it's interesting. people wait for activists to show up in a company. an activist showed up here at tpg. they launched a proxy fight, they won. you read the material, they filed on their website. the asset value is 11 to 12. they owned it before they showed up. we thought the asset value was at least 10. it's an improving situation. we think the underlying assets are trading around 6. they have a big analyst date coming up march 4th. we think they're going to give you a good story for the outlook over the next few years. there are a lot of things like that. the energy group, we like halliburton, aig, sallie mae, all these things have a common theme. you have underlying asset values, they're not being p

, i think, early september of 2008 that was followed through this very intense period of lehman and aige t.a.r.p., etc. so i think that very intense period from, say, september 1st until the latter part of the year, that was the period of greatest stress and gr risk. and the combination of our lending programs and the injection of government capital, the fiscal aspect of that, brought the crisis down considerably by the end of the year. of course, into the next year we were still working to stabilize the system with our stress testing, addressing some concerns of specific institutions with our monetary policy the like. -- and the like. but i don't think it's fair to characterize the crisis as being something that was continuous, you know, for a year and a half. rather, there were periods of ebbs and flows. and the most intense period in september and october, i think we actually got that under control reasonably quickly with a combination of fed easley quiddity provision -- fed's liquidity provision, actions by the fdic and other agencies as well. >> now, hank paulsen describes having s

the expect aig is that once the games kick off, a lot of russians are going to get behind it.ry a great deal and want to see it put on its best possible face to the world, fred. >> thanks very much. as you mentioned earlier, the torch will be making its way through volgograd tomorrow. security also heightened. >>> back in this country he says he's not a bully. new jersey's embattled governor chris christie is facing allegations he bullied another mayor. that story straight ahead. the recent increase in cafeteria prices is not cool. when you vote for flo, we'll have discounts. ice-cream discounts. multi-cookie discounts. pizza loyalty discounts! [ kids chanting "flo!" ] i also have some great ideas on car insurance. [ silence ] finding you discounts since back in the day. call or click today. i like her. [ blows whistle ] then spend your time chasing your point "b"... ...the war of 1812. [ bell rings ] you get to point "b", and sometimes things change. but your journey is not done. capella university is the most direct path to what's next, because our competency-based curriculu

from the families of aig, happy holidays. >>> we visited indiana state prison just shy of its 150th anniversaryshed in 1860, one year before the civil war and has housed the state's most infamous criminals. john dillinger did time here in 1929. and four years later, masterminded the escape of 11 members of his gang. it's been through changes over the years, but it's still a prison with old school bars and old school convicts who don't want to be mistaken for inmates. >> convicts treat you the way you treat them. treat them with respect, they treat you with respect. inmates are the guys who talk bad about you, yell at you, swear at you. no matter how you treat them. treat them with respect and you don't get anything like that in return. isp is slowly going from convict to inmate, because we're getting a lot of younger kids in here who are not used to prison life. >> a convict's the one who minds his own business. he don't get off in other people's business. what he sees he keeps to himself. it's none of his business. inmates are one that would tell in a minute. they're rats. i'm a straight convi

. >> that would be -- well, i think it is aig. apple, intel, and google.hose three. >> all right. you're the best. mike holland, a wise investor, if there ever is one. >>> is the christie bridgegate story a truly sense tags and could it help his presidential aspirations in places like iowa and new hampshire, for example? we're going to talk to some radio guys about what they heard on the radio today, next up on "the kudlow report." if yand you're talking toevere rheuyour rheumatologistike me, about trying or adding a biologic. this is humira, adalimumab. this is humira working to help relieve my pain. this is humira helping me through the twists and turns. this is humira helping to protect my joints from further damage. doctors have been prescribing humira for over ten years. humira works by targeting and helping to block a specific source of inflammation that contributes to ra symptoms. for many adults, humira is proven to help relieve pain and stop further joint damage. humira can lower your ability to fight infections, including tuberculosis. serious, s