andrew looked at his father.what could possibly be so bad that he couldn't even discuss at the office? why do we go to your apartment, andrew suggested? are we all going up there, mark asked? no. peter, you stay here and run the ship while we go to the apartment. peter nodded and left the office. that's a three struggle into the winter gear, bernie said to his secretary, bring the carbon. what are you going? the market is open. mind your own business, bernie snap it immediately eleanor stared at her computer. andrew, marking ring road elevator down inside and. then waited for lee at the back lobby watching the rain streaked across the revolving door. there was no, andrew tried to blend in, wishing he could be teleports his parents apartment so he could get whatever was going to happen over with. the anticipation was unbearable. the car pulled up in front, again, they rode in silence. bernie sanders between his two sons in the backseat misty eyed and shaken struggling to hold it together as the hit already receive

andrew took the ottoman and andrew the difficult chair. i don't know where to start, bernie began again. he started to sob. the firm is insolvent. i'm broke. how is that possible, andrew asked in i don't understand. >> the money is gone. it's over. >> i don't understand, andrew repeated in how can that be. we're having an company year. is this about the redemptions? then bernie said something more terrible than they could have imagined. out all been one big lie. it's a giant ponzi scheme and it's been going on for year skis can't keep it going anymore. i can't do it. andrew stared at his father, a mind of jumbled disconnected thoughts and phrases. trying to piece together what his father was staying. ruth lit a cigarette. her hand shook. what's a ponzi scheme. it means the asset management business was a fake, andrew said. i've been lying to all of you for years, i've been lying to your mother to you to the customers, i've been lying to myself. i have an appointment on monday the lawyer, and am probably going to jail. he broke down then, s

okay, let's go, andrew said.he followed his brother into the elevator and out into the fall drizzle. he stuck his head out the window. what am i doing? the old man is still upstairs. you're waiting for him. mark had already stepped off the curb and hailed a cab. andrew slid on to the seat next to the brother. the driver turned around. where to? just drive, andrew instructed. he inched down lexington avenue, and andrew felt grateful, buying him time to think. he turned to mark. way do we do? we need a lawyer, right now. how? what do we do? walk into the lobby and scream help? andrew asked referring to the white shoe firm famous in corporate law. no. we need a real lawyer, a criminal defense one. marty, he'll know what to do. mark's father-in-law, marty london, was a retired senior litigator who represented during the watergate trials and jackie kennedy. they were staying at the hotel while the apartment was renovated. mark leaned into the partition, take us to 49th street and 1st avenue. the cab turned left, and m

the colts, andrew luck. i think he fit that system better. he doesn't move. when i watch him, i'm like wow, he can move a little bit. he can throw. he is intelligent. he has everything you're looking for in a franchise quarterback. he's fast. he is just the guy to me. >> i don't understand it. >> from the colts, i do. from the redskins. >> that's not the question. you are switching the question. you are going to take a quarterback, who is it going to be? for the third time, wisdom martin. 2011 was a much better year for you. >> i'm going to take rg3. >> i knew it. you know what? i love both these guys and i agree with you. one, they are both intelligent. andrew luck is mobile. the guy can move. and three, they both have huge cannon arms. he is more of a flick and andrew luck, it is a bullet. so i don't think you can go wrong with either one. they are both franchise guys. his stock moved up in three months from basically being a late first rounder to i think the second overall pick in the draft. i'm saying if

andrew's dad has the honor of giving the vows.lissa recites her part, she gets choked up. >> until death do us part. >> until death do us part. >> this is my solemn vow. >> this is my solemn vow. >> now it's andrew's turn. >> you can see how intense i am. >> i, andrew paul daniel engstrom, do take melissa rene warren -- >> do take melissa rene warren >> -- to be my lawfully wedded wife. >> to be my waf -- lawfully wedded wife. and pancake-y. i caught myself at waf, you know. it wasn't like waffling. but it was too late. and her dad loved to giggle. and then she starts laughing. it's like all right. you know, that's cool. i'm all right with that. >> it just sort of hit my funnybone. >> she started laughing. i've learned enough about her by now to know that was not the end of it. >> to the amusement of everyone in the church that melissa finds it so funny that she belts out a screeching laugh. >> every time i looked at andrew after i first started laughing, i would remember what he just said and the fact that we're standing in front

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andrew took the ottoman and mark the desk chair. the four faced one another sitting a considerable distance apart. i don't know where to start, bernie began again. he started to sob. the firm is insolvent, i'm broke. how is that possible, andrew asked, i don't understand. the money is gone, it's other. i don't understand, andrew repeated. how can that be? we're having an okay year. what

andrew? >> as you say, kyung, tim geithner coming to tokyo from beijing where he was carrying the same message. did he meet with any sort of success in beijing? >> reporter: we heard timothy geithner speaking so loudly here in tokyo about this particular step forward with japan is because the exact opposite happened in china. if you look at the readout of what happened out of beijing, you see he didn't get exactly what he wanted. in fact, china said what they import out of iran has nothing to do with tehran's plans for any sort of nuclear program. >> okay. kyung, thanks so much for that. kyung lah joining us live from tokyo. nina? >>> let's have a look at how the european stock markets are faring where i am at the moment. obviously all eyes are focused firmly on two particular euro zone countries at the moment, italy and spain. we have coming up later on today, spain auctioning up the 5 billion euros worth of bonds due in 2015-2016 and italy selling back 12 billion euros worth of its own bill

andrew?> kyung, i write in, thinking by april if there are -- if no more reactors are brought back online, the country will have no power from nuclear energy. is that right? and if that's the case, what is it going to mean? >> reporter: you are absolutely right. by april, zero. if these plants do not come back online, then this country, this very large country which has no natural resources, will absolutely have no other resources, electricity that is, coming from nuclear plants. certainly what that means and you're hearing it loudly from corporate japan is that this summer, this country is looking at a very serious energy crisis. so the government is very anxious to try to get at least some nuclear energy back into the grid and try to provide some energy. because what this country is looking at is more production closures. certainly when we're seeing the hollowing out of japan and corporate japan expediting things. >> kyung lah, as always, joining us from tokyo. kyung paints a grim picture f

andrew? >> thanks, nina. >>> as the euro zone debt crisis continues to unfold, the single currency is trading close to an 11-year low against the japanese. take a look at the patent off trading we've seen over the past decade or so. the yen, steadily strengthening in recent years and further harming japanese exporters. the europe single currency is down 43% against the yen. now standing at 97.29 to the euro. elsewhere, the euro has strengthened slightly against the dollar. it's still close to a 17-month low. take a look at the numbers there. euro against the dollar. 1.5310. we have more debt crisis coverage still ahead. at half past the hour we're live in paris to see how france is reacting to that s&p downgrade, ahead of a crucial test on the bond market. stay with us for that. nina? >> andrew, but first, the death toll from the cruise ship disaster has risen to six. at present over a dozen passengers still remain missing. what happened and why is now the subject of a criminal investigation.

andrew?>> nina, i don't know what ivan was up to yesterday and i don't want to know to be honest. sunday was pants free metro ride day. that's right. on subway systems around the world commuters stripped to their underwear in an annual prank that began in new york city a decade ago. if you're wondering why, organizers say it was just a bit of fun. doesn't look like it's specific either. bottoms up from passengers all the way from washington to poland. you've got to wonder why they'd want to do it in the winter though. nineteen that? >>> must be rather chilly out there in one's underwear. one would have thought. still little snow in the united states as ivan was telling us. still to come on "world business today," we'll hear the head of the international monetary fund's progress on saving europe's economy just ahead. >>> welcome back. you're watching "world business today." i'm andrew stevens in hong kong. >>> i'm nina dos santos in london. it's been a big week in the world stock markets. afte

we are talking andrew luck. could we possibly see the superman move that you like to do. >> it depends on if you agree with me or not. >> we'll have to find out. stick order. off the wall is next.   -- stick around.  >>> its washington wizards return to action tonight looking for the first win of the soap. the wizards are off to the worst start in franchise history, 0-6. they are the only winless team in the nba. >> everyone has to earn playing time here. we have to be real with ourselves. you just don't very the sense of entitlement that is here sometimes is -- of a never seen before. >> we all hay good talk. we all said our piece. -- we all had a good talk. hopefully, all the guys took it in, didn't take it to be sensitive or toward them or harrassment they didn't want to hear because everything that was said in there today is something that needed to be said and needs to be done. >>> time to go off the wall now and today, dave ross and wisdom martin debate what direction t

andrew? >>> the asian markets were the worst performing big markets in the world last year. it looks like they picked up where they left off. we've had one good day of the new trading year. surprise, surprise, europe remains front and center. the crisis returning despite encouraging data from the u.s. and europe. also, word from the greek p.m. who warns of uncontrolled default if wage cuts are not made. also has his attention on spain, the regional government of valencia is late to repaying a loan to deutsche bank. that fears that spain, too, may need some assistance. the nikkei down 0.8%, shanghai down nearly a full percent. hong kong, the only one standing out there up by about 0.5%. trading this week, charles, has been pretty thin. >> indeed. and hardly surprising. so you know, we really need to take all of these markets with a bit of a pinch of salt. in terms of the rally on wall street didn't last long. low-volume trading ending on a flat picture across the markets, if we can have a look

her third major book is this one, andrew jackson. she has a string of awards that would occupy our session, so i can't do it. she's a professor of history and law at harvard university, recipient of the national book award, the pulitzer prize, mcarthur genius award and on and on and on, an extraordinarily accomplished individual. i'll start by passing the microphone to craig simon. >> i think harold will be starting off. >> with all of our rehearsals -- [laughter] i'll start with the cronology and how we present the book. there's a conflict of views here that unites this panel because the "new york times," of course, covered all of the major figures of the civil war era including senator and later vice president andrew johnson. we have to set the stage by saying it's not the same "new york times" that we know and either love or hate today. the "new york times" now relishes the idea they just publish the news and all the news put to print. in the 1850 #s and 60 is printed all the news fit for electing republicans and supporting the un

i'm andrew stevens in hong kong. >>> i'm nina dos santos in london.u for the opening bell. in the meantime, goodbye for now.

a lot to pay for, andrew. the sales tax certainly wouldn't fix everything but may begin to start addressing it. >> and just the reaction on the streets. do the japanese now accept that the finances of the country have gotten to a position where this sort of -- these sort of measures have to be taken or are they still opposing it? >> you know, you actually can actually sense that there is a slight shift. part of the reason is because this past year was so tough. japan sees, and people here on the streets see that there is a lot to pay for, that they have to reconstruct the country. even though this measure is not directly squared at tsunami reconstruction or the disaster at the nuclear plant, there has been a shift in the mood of the people as well as they are paying attention to what is happening in europe. a lot of people here are aware of that, and they are aware that the debt here in japan is higher than in europe although the debt certainly here is less risky because it is domestically owned. there is a sh

andrew sullivan wrote the article that's inside. he didn't write that head liner, but he wrote the article. he argues that the president will outsmart all his critics who cannot see that he's using a long game strategy. i'm going to speak with andrew sullivan about that and republican strategist bay buchanan. it's an interesting conversation. >>> also ahead, a medical mystery in new york state. this is incredible. 12 girls from the same high school all apparently have come down with the same kind of tics, including uncontrollable twitching and stuttering. it's unclear what's causing it. it looks like tourette's syndrome. we're going to hear from some of the girls and we'll talk to dr. sanjay gupta. [ monica ] i'm away on a movie shoot and it hasn't been going exactly as planned. cut. cut! [ monica ] i thought we'd be on location for 3 days -- it's been 3 weeks. so i had to pick up some more things. good thing i've got the citi simplicity card. i don't get hit with a fee if i'm late with a payment... which is good because on this job

andrew? >> ramy, thanks very much for that. at least on a brighter note, for some investors, shares of apple have reached a record high. four years after steve jobs rejoined the company and a year after it bought out the first ipod, apple shares are worth just over $11. this is what's happened since. ten years and hups of millions of iphones later, the stock is worth this much. $424.70. if you bought shares of apple in 2002, your investment would be worth 40 times what you paid for it back then. hindsight is a wonderful thing, nina. >> certainly is. it's also a dangerous thing as many an investor will tell you, andrew. historical performance is no guarantee of future returns, is it? that's certainly the kind of thing we're seeing on the european stock markets today. after two straight days of gains for these markets, they finally turned. as you can see, all of them down to the tune of one-third of 1% to .1 of 1% on the dax. this is the growth prospects coming out of the influential world bank. it is concerned about a shortlived

please welcome andrew sullivan. [cheers and applause] hay, andrew, good to see you again. thank you so much for coming back. >> you're so welcome. >> stephen: though you are a longtime friend of the show. seven times back. you get a foot long sub now. i have to take to you task. you wrote the cover article in the january 23 newsweek. it says why are obama's critics so dumb? are you always that good at is a deucing -- seducing the opposition of agreeing with you? why not just call them ugly, too. i'm in opposition. reasonable rae republicans are in opposition to barack obama. why are we dumb, smarty. >> i didn't say you were dumb. >> stephen: andrew sullivan don't blame anybody else. >> i take full responsibility. listening to the republican debates all the reasonable republicans arguing and did he baiting rationally with one other and with substance, i didn't recognize the picture they were painting of this president either domestically or in foreign policy. >> stephen: he is a complete nail your. he has fish -- failure. he has accomplished nothing. they have a vegetable g

kathleen parker and from "the daily beast" andrew sullivan. romney's problem is that just when the problem started paying attention, he's looking too rich for the times. he's made slip-ups like the $10,000 bet. and his tax return showed just how rich he is. newt is not much closer to every man than romney is. he'll be dragging along his deals at k street and charge accounts at tiffanys. a poll asked about whether gingrich cares about average people? 22% says gingrich cares about the average guy. 24% says romney does. when the president framed the 2012 election this way. >> can neither settle where a shrinking number do barely well, where a growing number do well. everyone does their fair share and everyone plays by the same set of rules. >> well the white house, the president included oftenly believes that's going to be how the pie is sliced in america. is that's how it's going to be how it makes it in america? >> i don't think that a candidate has begun his presidential campaign and put class at the center the way president obama did this wee

andrew sullivan wrote the article that's inside.e didn't write that head liner, but he wrote the article. he argues that the president will outsmart all his critics who cannot see that he's using a long game strategy. i'm going to speak with andrew sullivan about that and republican strategist bay buchanan. it's an interesting conversation. >>> also ahead, a medical mystery in new york state. this is incredible. 12 girls from the same high school all apparently have come down with the same kind of tics, including uncontrollable twitching and stuttering. it's unclear what's causing it. it looks like tourette's syndrome. we're going to hear from some of the girls and we'll talk to dr. sanjay gupta. what makes the sleep number store different? the sleep number bed. the magic of this bed is that you're sleeping on something that conforms to your individual shape. you can adjust it to whatever your needs are. so whatever you feel like, the sleep number bed's going to provide it for you. and now, the company that redefined sleep is redefi

andrew is in davos. governor mark olson, currently chairman of reliant risk advisers. numbers from procter & gamble. >> $1:10 for the dow component. estimate was $1.08 and a 57 cent number that has things in it for the core. why does it say -- this must be for the october quarter, sales rose 4% to $22.1. >> supposed to be $22.19. >> and what did i say, $22.1 so that's pretty close. then you look at things like net sales expected, growth is estimated to be in line with a year ago up 2% for the third quarter for the third quarter so this is the fiscal second quarter we're talking about, and then i saw some type of range, net sales are expected to increase 3% to 4% in fiscal 2012. so it sounds like they are expecting some acceleration then, because for the third quarter, they're talking about 2%. >> they also talk about their organic growth which is important. organic growth is up in all six of their segments. >> and it's organic sales are expected to go 3% to 5% and this is a flag, i guess they mean for th

andrew johnson, race issues and they.gov tail nicely. let me introduce the authors, and the authors will speak, and then we'll have a question and answer section with hopefully a lot of time for questions and answers, an i expect you to participate, and when we begin, i'll remind you, this is not a moment for you to give speeches

and andrew breitbart. andrew breitbart, let me start with you. who are you endorsing right now? >> nobody. the interesting thing about what's happening right now is that a lot of the momentum that was built up in the conservative movement over the last three years by the tea party has been utterly destroyed. there's not a candidate out there that is the tea party's first, second, third, or fourth choice. what you have here is a fait accompli. the republican establishment has taken control of the republican party, and you have the predictability of mitt romney running just perfectly. david axelrod has helped create an organized left and occupy movement that is perfectly situated to attack mitt romney's record with bain capital. the only person who can beat barack obama at this point is barack obama himself. >> you say that, but mitt romney had played a very good campaign so far. he's the first republican, not a sitting president, to win in iowa and new hampshire. what more could he be doing than he is doing? >> well, he's playing a very good game of defense when he has a lot of m

andrew? >>> charles, in the business confidence, a boost would be -- in the state of iowa today, six presidential hopefuls will claim they're the person to deliver it. the highly anticipated iowa caucus takes place this evening. it's the first contest in the republican party's nomination process for the u.s. presidential candidacy and because it's first, it attracts a lot of attention from the candidates and of course the media ahead of the 2008 election, republican candidates made 283 visits to that state. totaling 550 days. a good showing in the iowa caucus can boost a candidacy or prove to be the end of one's campaign. of course, front and center of every candidate's campaign is the state of the u.s. economy. current front-runner, mitt romney, wants americans to consider their priorities. >> i'm asked how am i going to balance the budget, by the way? what would i do to get our budge net alignment? i want to tell you, it's not going to be easy. it's just important. how am i going to do it?

marty and andrew erlich arrived at 3:00 p.m. sharp.he was short and sadness at this with a side classes. luke was tall, slender and young. the lawyer showed parents out of ring close, both wearing suits and ties. marty london through to recap the story. are you familiar with ernie middaugh? the boys told this incredible story is running a ponzi scheme to the tune of $50 billion. 50 million laos? billion with a b. do you think he was saying? was a time the truth? no one from family members to the top lawyers in the country could wrap their head around that figure. it would dwarf the worldcom scandal which was 11 billion mean purdy made off had made the biggest financial fraud in history. over the next hour they describe in depth who they were, jobs at the firm, relationship to parent, wives. he asked repeatedly if they were involved in the fraud. we had no idea they kept repeating. none whatsoever. we were completely blindsided. they walked up the story. we need to report this and i'm not even precisely sure how to do that. driven a par

andrew sullivan wrote the article that's inside.didn't write that head liner, but he wrote the article. he argues that the president will outsmart all his critics who cannot see that he's using a long game strategy. i'm going to speak with andrew sullivan about that and republican strategist bay buchanan. it's an interesting conversation. >>> also ahead, a medical mystery in new york state. this is incredible. 12 girls from the same high school all apparently have come down with the same kind of tics, including uncontrollable twitching and stuttering. it's unclear what's causing it. it looks like tourette's syndrome. we're going to hear from some of the girls and we'll talk to dr. sanjay gupta. if i have any soreness, i'm not going to be able to do my job. but once i take advil, i'm able to finish out strong. it really works! [ laughs ] [ male announcer ] make the switch. take action. take advil. ttd#: 1-800-345-2550 let's talk about the cookie-cutter retirement advice ttd#: 1-800-345-2550 you get at some places. ttd#: 1-800-345-255

andrew had no contact over two years. to watch him do that the my own story into perspective my anger toward mine father had abated i would speak to him if he wanted to speak to me, it is a process i am seven years and and andrew is at the beginning. of seven to talk to him about my experience but it takes time. any other questions? thank you very much for having me. [applause] an >> i just want to say for the c-spany audience one minute about where we are. we are at the synagogue which was the original israel synagogue one of the oldest in washington in. sni god for a long time than doug congregation improved up at the northwest of here and became a baptist church and it was for quite a long time than they decided they would move is so they would could sell the building and it would become a nightclub. ia immediately as a news came out, to find the best said we cannot let it become a nightclub let's make it a synagogue a dam.g they refurbished it literally to its original glory based on old photographs and we were fortun

andrew? >> yes, charles, as you pointed out on that chart, iran is second only to saudi arabia in opec's list of oil-exporting nations. a restriction on its supplies could send prices which are already about $100 a barrel, even higher. with a somewhat battered and bruised global economy at the moment that could threaten any recovery. we have a senior research analyst. he jones us now. let's start off with a nightmare scenario of a closure of the straits of hormuz. how likely is that? >> very unlikely. that could have catastrophic effects on the global economy. you'd see oil prices strike above $200 a battle. it was cause a global recession. for iran, it would close off their export capability. everyone loses if the straits of hormuz is closed. i think you can't rule it out but i think at this point i would say it's unlikely. >> what is the more likely scenario then and what do you think that will mean for the price of crude? >> i think increasingly you'll see a ratcheting up of sanctions. eu

." >> and i'm andrew stevens. thanks for joining us. science in a slow down, but china's enveeble growth continues sparking a rally on the markets. >> and the captain of a wrecked cruise ship will today face judge of possible criminal charges, including mans laugter. >> plus, cnn uncovers widespread child slavery on cocoa farms in ivory coast. well, markets in asia are rallying after chinese economic data exceeded forecast today. the country's economic growth is slower than it's been for the past two and a half years. despite stagnation in many western economies. in the fourth quarter of last year, china's gdp growth slowed to 8.9%, better than the 8.7% that analysts have been expecting but continuing the downward pattern that you see there. now, growth the full year measured 9.2% and that was down from 10.4% in 2010. the drop is partially down to spiraling inflation. and on that score, it appears to have succeeded with both the consumer and producer price indices rising much more slowly in december. now in a position to refuel the econ