we're joined from washington tonight by alex altman of "time" magazine. what did the department of justice say? >> well, attorney general eric holder has said that at some point very soon, the department will be issuing guidelines that will hopefully ease some of the questions that banks have in regards to being able to transact legal marijuana companies, both in colorado, which on january 1st became the first state in the world to create a legal recreational market for marijuana, as well as the 20 other states plus district of columbia that permit medical marijuana. >> right now, all these businesses all over the country are dealing solely in cash, which means that, what, they store it in a warehouse somewhere? >> solely or mostly in cash, which means you have a lot of legal companies who are forced to resort to the type of shadowy capers that you might find in a gangster movie. i've talked to owners in denver dispensaries who leave secret offsite warehouses to store cash, who carry around tens of thousands of dollars on their person every day, who are f

had a huge respect for actors and said "it's damn hard to act." >> i worked with altman, i love altman. >> rose: right. but let me ask you this because you're very good on it but you're playing yourself. >> rose: right. >> so i just did a movie called "this is the end" with seth rogan and we all played at least versions of ourselves. at least we're named after ourselves. so when you play charlie rose -- >> rose: yes. >> there must be stuff that people ask you to do that you won't do because you think -- >> rose: i wouldn't do it. >> >> "charlie rose would never do that. ". >> rose: i don't think of it like that. i wouldn't do it for whatever reason. but people have said that to me. you know, you shouldn't do this or that because who you are would not do that. i know i'm not so conscious of that. i've also been asked to do acting. robert redford once asked know do a part in the film but not play myself. >> rose: wow. >> in the end i wasn't very good i'm sure but i did a test for him and he said? the end i can't do this because he was also acting and directing in the film and he said in

secretary, we talked about this in the last hour with roger altman.the issue, are we going to hear the president talk about the issue of inequality in the context of growth and the inequality of tune or are we going to talk about it as both trying to raise up the bottom and push down the top? ultimately if we try to push that gap together, if you think that's what creates the potential for social unrest, how does the president approach the issue? >> well, first of all, stay tuned for tonight. the president will talk about the issue of opportunity. and the president doesn't talk about opportunity of outcomes. we're not a society that guarantees the same outcome for people. what we are saying is that if you work hard, play by the rules, get the education that you so need to compete in this economy, we should reward that hard work with a fair wage. that there should be ladders of opportunity, that your lot in life shouldn't depend on your zip code. >> what about the redistribution side of it all? >> again, the president is really talking about -- there's

. >> : a girl in utah the thought she found a altman currency spot all ended up eating firefighters toing machine at all then she tried to climb out realize she is that after trying butter pecan butter ice and hot water and finally resorted to calling 91 so that >> : so they got the tubes out mason slips to get people to run machinery that might get people out the car's thinking there at the cut the washer to get out. >> : they are able to what the part above the lodge door and get your help. she is not her chiseled and paris. >> : gary and his lot lovely wife lisa answer questions about the comments and and the red hot worries traditor eight straight win gary has great finish and all sports next. >> : female announcer: female announcer: get beautyrest, posturepedic, even tempur-pedic mattress sets, at low clearance prices. save even more on floor samples, demonstrators and closeout inventory. the year end clearance sale is on now at sleep train. ♪ your ticket to a better night's sleep ♪ gary grant which. >> : the lawyers are on the. eight consecutive victories last time 2000 and five

on the more positive side, people like jeffrey altman has said a significant amount last year with significantains. he is betting on telecom, which helped drive him last year. >> thank you as always. kelly bit covers hedge funds here for us at bloomberg news. we are joined now by our power in their -- by our pioneer in the field. allen, lovely to see you. thank you for coming in. with the idea that not all tech companies need to go public. market,s rising stock are you changing your ideas? them a i would have to -- >> i would have to say certainly the gate has opened up a little bit. the filter is less fine. i wouldn't say what i said six years ago when i started great cost -- started great kroft -- started greycroft. in could go public certainly you could go public, certainly in the bubble period. it has been a very heavy filter. most companies that have gone public have revenues over half $1 billion. .ou have to form a syndicate your public but you do not trade. aem i basically if you are private company you have to have your books in order at least four or five quarters before you think abo

i know a lot of very good directors who say, like robert altman, who had a huge respect for actors, " is damn hard to act." >> let me ask you this. you are very good on it but you play yourself. when you do that, i just did a movie called "this is the end" with seth rogen and we all played named versions of ourselves. when you play charlie rose, there must be something that people ask you to do that you will not do because you think that charlie rose would never do that. >> i do not think of it as that. i think of it is fine. i would not do something because charlie rose would not do it. people say you should not do this or that because who you are would not do that in real life. i am not super conscious of that. robert redford once asked me to do a part, but not play myself. in the end, i was not very good. i did a test run. in the end, i cannot do this because, and he was also acting and directing in the film, he said, in the end people will see you and not the character. you are not that good that people will not you. they will see you and not the character. you are making that lea

what our team makes the game altering play well altman we do good you >> : the do the same thing differentts are similar. none >> : i tell you the fans are excited. rallies were held in seattle. as the closer is this going to end up. forty- niners are set to meet in seattle soon. >> : and this evening were looking for the top step are again. >> : puckett but tom brady and new england patriots before heading off to denver where the broncos 08. >> : in colorado marijuana is legal for use. >> : >> : are excited. >> : and what that you >> : >> : it will be a great great weekend for football. >> : time to read the mills while we put together our audiences. >> : penn has are the single you out for wearing 49 are colors >> : will come back have some fun with next bulldog: out with the old out with the old and in with the new! mattress discounters' year end clearance sale ends monday! puppy: what's this red tag mean? bulldog: through monday, save up to 40% on clearance mattresses. puppy: oh, here's another. bulldog: that means up to $300 off serta, posturepedic, even tempur-pedic. puppy: i found a

starting in the south bay and have 6162 for the altman valley. 5960 over in san jose. temperatures will remain in the mid to upper 50s for the san ramon valley. the battle today 58 degrees. we will see a mix of sun and clouds later on today. i don't think we will see any rain. as we take a look as satellite and radar all the rain sticks well to our north. we did see some sprinkles as far south as ukiah i think we will have to wait to the weekend to get those number was out 3 here's a look at your extended forecast. the 7 day around the bay, warmer weather on tap we will only increase the likelihood for rain. but like mostly cloudy conditions scattered showers. i don't think the rain will last any more than a couple of hours. warmer weather returns on sunday and high pressure in place keeping temperatures perhaps in the upper 60s low 70's and into early next week. as for traffic around the bay area, starting to see some slowdowns north bound approaching high street because of overnight construction in that area until 5:00 this morning. but the bridges all doing well. he