was fired very publicly in a conference called by tim armstrong the ceo of aol. he called put that camera right now. abel, you're fired. out. five seconds later to stunned silence, mr. armstrong proceeded with the rest of the conference. he said i'm really sorry. i shouldn't have fired him so publicly. >> but he still fired him. >>> very quickly, jeff, coc coca-cola their nonsugary drinks. >> diet drinks have been good. we thought they were doing fine here and it's just the main act the sugary product has seen declining sales here. coke coming out with a very big ad campaign. there appears to be a decline in

what's armstrong's defense? >> lance armstrong now says the postal service should have known he was doping. >> he's saying, "i lied. you should have known that i lied." >> john: wow. that's his defense? this guy has got a lot of ball. [ cheers and applause ] he's pleading so guilty it's your fault for not knowing how guilty he is. is he arguing any mitigating circumstances? >> i know it was an unfortunate period in our sport. unfortunately for me, i came, you know, right smack dab in the middle of that period. >> john: you know what? he's right. that is the real tragedy here. i think we all owe lance armstrong an apology for making him win seven tour de frances earning millions of dollars in the process during such an unfortunate period in the sport he chose to participate in. all right. on the basis of this world record narcissism i find the defendant a giant douche. jason. [ cheers and applause ] jason, please call our final defendant. >> sure will, judge johnny. the court calls joseph r. biden,, jr., the dela

that is why armstrong fired him. is working to turn aol around, here is the question, how do you thi this will impact all of that and what he is trying to do. what do you think, veronica? doesn't sound so nasty if the guy had been warned? >> it was nasty. from a pr standpoint. i'm not aublicist but i talked to my friend who are publicists, from a pr standpoint this looks really bad. this is not a good move. there are some other ways -- adam: in private. >> in private to obviously fire someone. you want to put the company in the most positive light ssible. to put this out there is a real distraction. adam: don't you think he was auditiing to be donald trump's replacement? >> if things didn't work out at aol, right. adam: doesn't sound like things are working out so well. >>ertainly with the patch. i had no idea that aol owned the patch. adam: armstrong sold it to aol and still failing. >> still failing. in any event you don't have a great business. the fact that he issued a four paragraph statement detailing, apology

neil armstrong readies the launch vehicle for ignition.ou always get to be neil? huh, chuck? 'cause i'm the commander. you can be buzz aldrin, the mission specialist. okay, she's set to fly, captain. saved every cherry bomb i could find from 4th of july. rocket's loaded and ready for liftoff! loaded and ready. this baby's going to the moon! i hope you know it's not going to work. go play with your bunsen burner, poindexter. busy here. look, you can't just pack it full of explosives. you have to cut the powder with sulfur, otherwise... kid, we need your help, we'll ask for it. got it? all right, men. let's light this candle. let me do it, chuck. here we go! all: ten, nine, eight, seven, six, five, four... (loud boom, glass shatters) ♪ (laughing) danny: told you so. ♪ that stunt caused a lot of trouble. chuck's dad about skinned him alive. remember their names? just chuck pierce, the cute one. but those three, they were always together, though. ever see them with your brother again? chuck came by the next day. asked to see danny. i remember

much about it, but one of the interesting things about armstrong was the magnitude of his lie. just say i have never tested positive for drugs. he said things like, look, i am a cancer survivor. how could you possibly say, i as a cancer survivor say i would use drugs. i think there's a psychological process frankly that a lot of these folks share, which is that -- you know, a social psychologist once said we're hard wired for moral immediamed. and sometimes when you have someone who is doing an enormous amount of good, and i would say armstrong did good in the case of his helping cancer survivors. and spitzer did a tremendous amount of good in terms of reigning in wall street, you begin to feel entitled to do other things. >> david: one last question. i'm just curious when you now approach people, when they know your work, are they more reluctant now to work with you as sources, and do you think the government's prosecution of sources will make it harder for you as a document aryan. >> whoever talks to me, i give a pretty fair shake too. and i think that's important. >> david:

armstrong's concerns include the following. that the project disrupts the mid block open pattern that the project effects the dr requestor's privacy by proposing the windows that look into the property's bedrooms. and that the project, and that the project would require a geo technical analysis due to its slope which the dr requestor believes is greater than 20 percent. the residential design team followed it and made the following comments. more than 100 feet of the mid block open space would separate the proposed rear addition in the dr requestor's rear law and so the project would not create any exceptional or extraordinary effects to the dr requestor's privatecy or the mid block open space. they noted that there is an existing pattern of real additions on the subject block including at the rear of the dr requestor's house. and the project does include large window and sliding glass doors on the rear addition and the residential design guidelines allow a lot of flexibility with respect to the design of the administration det

karen armstrong: and then he goes home. there is no attempt to impose what we call today an islamic state, so we are not talking about doctrinal conformity; we are talking about ending this tribalism which sets people up against one another. rageh omaar: although mecca was now his, muhammad chose not to move back to the city of his birth. instead he returned to his adopted home, medina. and with the quraysh defeated it wasn't long before the rest of arabia joined his cause. muhammad's bloodless conquest of mecca was clear proof that his movement was succeeding. and what's more his message of justice and using peace and reconciliation as a means of delivering that message was beginning to attract huge numbers of converts; in fact tribes were beginning to convert wholesale. by 631 the last pagan stronghold of taif fell, now muhammad was effectively the ruler of the whole of muslim arabia. more than twenty years had passed since he had received his first revelation. for over a decade he and his followers had eked out a precari

from most of them they make a difference between lance armstrong the cyclist and the foundation. they have loved ones that have received support from live strong. even they they may not agree with lance armstrong, they see the impact of the foundation's dollars. the support hasn't waned. we don't have people writing us letters. they want to help their loved ones. with this weekend we have a beautiful weekend ahead of us. it will be great weather. even though it's rainy right now but it's look good. we're hoping the final push will get us over what we had last year. >> reporter: people will work has teams to go about this event and some people will be on their bike for 24 hours. that's simply amazing. >> i was talking to a woman, 400 miles. that's the cool part. you don't have to run that far it make an impact. you can run a couple laps. do a little bit more to fight cancer. >> reporter: that's what it's b coming up at 6:00 we'll talk to a cancer survivor. we're live in columbia, cheryl conner, website whoib news. website-- abc2 news. >>> this evening not the best friday evening w

aol ceo tim armstrong did just that.lls on the shocking story coming up, and you will actually hear that moment when he fired that person coming up. >>> and how's this for a vacation surprise? luxury condo near disney in orlando collapsed into a sinkhole. we'll get a live report on this. you won't believe the pictures when we come back. in a world that's changing faster than ever, we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give your customers every reason to keep looking for you. so if you're ready to see opportunities and see them through, we say: let's get to work. because the future belongs to those who challenge the present. chalky... not chalky. temporary... 24 hour. lots of tablets... one pill. you decide. prevent acid withvacid 24hr. before global opportunities were part of their investment strategy... before they funded scholarships to the schools that gave them scholarshi

neil: raising cane over how he treated abel, now tim armstrong apologizing to all, but not abel, wellhe said he as communicated with abel for the way he was cut on a conference recall, but not clear if abel got his job back, the employees were stunned. and even the investment community was offended. scott martin, and jared levy. scat, what do you make of it? you are a moral standout. >> i hope i can keep it together, i love this sound bite, abel put that cara camera. i think worry is possible litigation that become against him and company for public firing, the ground that abel has to stand on, is this public firing that could ruin his reputation -- neil: come on, i love you, but he is now famous worldwide, everyone would hire him. >> i lov you too neil, until he takes another picture on a con14 call then fired again. neil: that was taboo you could not take pictures on the conference call? there is some issue that back and forth, that armstrong did not want it but he did it. >> we'll never know, that is the brave new world we're in with social media, other employees do this at compani

>> well, daddy, i'm just a little beat. >> reporter: armstrong spent that year in a tough part of newe battlefield. part of that time in a delinquents' home where he joined the band. he got his first big break from the city's top band leader and horn player joe king oliver. >> he did more for the young musicians in my area than anyone that i know of. he would be walking up the street and he might have... if he thought something was bugging us, he would look at it, daddy. and i would say, papa joe, what are you doing? he would stop and show it to you, no matter where he was going. >> osgood: armstrong traveled with oliver to chicago where he started to develop a style and a reputation all his own. >> good morning. hello, henry. osgood: he broke into movies with a role in the 1936 film "pennies from heaven." followed by many others. including a duet with bing crosby in the 1956 film "high society." ♪ armstrong was touring the world earning him the nickname ambassador satch. he was breaking tra... traditional barriers back home as well. performs in 1956 with the new york philharmonic und

. >>> we begin with the biggest forced doping story since lance armstrong. number 5 on the all-time home run list signing autographs today. once denied using steroids then denied using them after 2003 now suspended for using them since then, tied to a south florida anti-aging clinic biogenesis. a-rod drew a 211 game suspension without pay and today spoke to reporters. >> i'm fighting for my life. i have to defend myself. if i don't defend myself no one else will. >> the suspension takes affect thursday. he can play during his appeal. joining us in a bristol, connecticut, and the lead reporter on the story since its developed over the past few weeks. jason, a rough day for alex baseball? and major league >> reporter: absolutely without question. we saw alex rodriguez, he was evasive in terms of answering specific questions. specifically whether or not he used performance-enhancing drugs. he's denied it before. asked about it again tonight. said he wasn't going to get into it and didn't want to disrupt the process going on but he did talk about, anderson what

rod as it was for lance armstrong. christine brennan, unfortunately, you and i i'm sure will talk about another sport, another great athletic legend maybe, football legend and it will go on until the authorities slap down such monstrous fines and punishments that these guys don't want to do it any more. thank you so much. >> sad day for sport. >>> an attack on a school bus, three boys reigning down. did the drive i do enough to stop it? i'll talk to him, the bus driver, coming up next. here we honor the proud accomplishments of our students and alums. people like, maria salazar, an executive director at american red cross. or garlin smith, video account director at yahoo. and for every garlin, thousands more are hired by hundreds of top companies. each expanding the influence of our proud university of phoenix network. that's right, university of phoenix. enroll now. we've got a frame waiting for you. [ male announcer ] wouldn't it be great if all devices had backup power? the chevrolet volt does. it's ingeniously desi

there is some issue that back and forth, that armstrong did not want it but he did it. >> we'll never that is the brave new world we're in with social media, other employees do this at companies and they have taken same rational, anything that is taken by a recording device or picture might be out on social media, places this companies may not' it. >> okay, keep up with me, you are fired, hello, i'm lost. inside humor. jared, i'm thinking maybe this is good for tim armstrong, we had him here, he seemed nice, but they want a tougher guy, we like that guy. >> aol has done a bunch of nothing for a long time, we're way too pc in the wld, abel did not do h job, patch 2.0 has been a failure. neil: a division of the company, not firing on all cylinders, he may not have been one of armstrong's favorites anyway. >> and right, he will get a job, like you said, his popularity has grown viral. neil: are you kidding me, cnbc would hire him in a minute. >> i love what tim armstrong did, donald trump would have done the same thing just with more flair. flair. all right, which famous musical lefty, s

we begin with the biggest sports doping story since lance armstrong. the highest paid major leaguer ever. number five on the all time home run list signing autographs today. he once denied ever using steroids, then denied using them after 20034. now he's suspended for allegedly using them since then. accused of having ties to b biogenesis. a. rod drew a suspension without pay. late today he spoke to reporters. >> i'm fighting for my life. i have to defend myself. if i don't defend myself no one will. >> he play during his appeal. he's playing tonight in chicago, where jason carroll joins us. b.j. quinn has been following this story. >> when we saw alex rod reegs ez walk into the room about an hour or so ago, he seemed to be holding back emotion. it was also evasive, in terms of answering specific questions. in terms of whether he used performance enhancing drugs. he was denied it before, asked about it again tonight. wasn't going to get into it. didn't want it to disrupt the process that was going on. he did talk about what this entire ordeal has been

. >> it's the one above armstrong. >> the formula retail store. then i have one other question. between yosemite and armstrong they're a parcel we're recommending in the formula controls but across the street or alley are a number of small properties that are not attached i see where i'm talking about >> yes. >> and in the original proposal they were not we kept to two proposing properties that are fronting on third. >> could we take into account that. i'm going to make a motion to go ahead and adopt the staff mementsz e recommendations. and as part of that perhaps from the supervisors office you see where i'm talking about there's a little - yeah. there are - i looked at on google and they could have bottom floor retail perhaps i don't know >> it should be included. >> right so maybe as part of the motion i add that staff together with the supervisors offenders office take into account that. okay commissioner >> i'm in agreement with the motion. i think basically gives the district and the residents the ability to pick and choose the formula retail he establishments that may go

refers to the name armstrong gave the site where the lunar module touched down all those years ago. >oversy, where a small time coffee salesman claims he is about to lose his business to the big dogs has some war veterans steamed. some war veterans steamed. >>> and urban the most free research reports, customizable charts, powerful screening tools, and guaranteed 1-second trades. and at the center of it all is a surprisingly low price -- just $7.95. in fact, fidelity gives you lower trade commissions than schwab, td ameritrade, and etrade. i'm monica santiago of fidelity investments, and low fees and commissions are another reason serious investors are choosing fidelity. now get 200 free trades when you open an account. >>> they're mad at joe over coffee. he says bean counters want to shut him down, they say it is about the bottom line. >> reporter: president obama calls small businesses the backbone of our economy. >> they're the force behind our free enterprise system, and that free enterprise system is the greatest engine of growth and prosperity the world has known. >> reporter: b

rod as it was for lance armstrong. christine brennan, unfortunately, you and i i'm sure will talk about another sport, another great athletic legend maybe, football legend and it will go on until the authorities slap down such monstrous fines and punishments that these guys don't want to do it any more. thank you so much. >> sad day for sport. >>> an attack on a school bus, three boys reigning down. did the drive i do enough to stop it? i'll talk to him, the bus driver, coming up next. it's not a candy bar. 130 calories 7 grams of protein the fiber one caramel nut protein bar. the fiber one could save you fifteen percent or more on car insurance. mmmhmmm...everybody knows that. well, did you know that old macdonald was a really bad speller? your word is...cow. cow. cow. c...o...w... ...e...i...e...i...o. [buzzer] dangnabbit. geico. fifteen minutes could save you...well, you know. i was having trouble i was having trouble getting out of bed in the morning because my back hurt so bad. the sleep number bed conforms to you

armstrong told him, you're fired. "the new york times" says armstrong has called lenz to apologize.hiring him back. >> i'm really, really sorry, you're still fired. sorry, pal, fired. >>> all right. check out the other top cnn trends. head to cnn.com/trends. that's all for "early start." thanks for staying with us. >> take it away, chris and kate. >> thank yous very much. >>> all right. everybody, almost top of the hour, here at "new day," it means it is time your top news. ♪ >>> all the prisoners must come back. this is in, we are not coming hole. >>> breaking news, hundreds dead in egypt as the government cracks down on protesters. we will take you to the violence in cities across the country this morning. live in cairo. >>> standoff. also breaking overnight, a 12-hour hostage situation in louisiana ends in bloodshed. three held at gunpoint inside a bank for hours. but the gunman wasn't there for money. we're live with the latest. >>> hannah's words. dramatic new details from hannah anderson herself, reportedly, tells her side of the story on an online forum. how she survived her

armstrong proceeded with the rest of the conference. he said i'm really sorry. i shouldn't have fired him so publicly. >> but he still fired him. >>> very quickly, jeff, coc coca-cola their nonsugary drinks. >> diet drinks have been good. we thought they were doing fine here and it's just the main act the sugary product has seen declining sales here. coke coming out with a very big ad campaign. there appears to be a decline in the diet coke product. they need to address some of the concerns healthwise over aspartane. >>> 16 new jersey public employees are now millionaires after winning part of that $448 million jackpot. they came together in a colorful news conference yesterday. >> we lost our home in the storm. i stayed with my brother for a few months. first thing i'm going to do is buy my daughter and me a home and bring my dog back home. it's been an extremely rough year since then, but i did -- when we lost everything, this whole group and everyone i work with pulled me through. >> i started shaking. i was shaking. i opened up the bedroom door. >> i hope th

armstrong warned his employees not to leak information to the press. julia boorstin joins us again. >> aol owes ceo said if they are not on board for the company's strategy they should leave before firing someone on the spot. a modia blog secured a leaked clip from the conference call. >> if you think what's going on right now is a joke and you want to joke around about it, you should pick your stuff up and leave today, and the reason, is and i'm going to be very specific about this, is -- abel, put that camera down right now. abel, put that down, you're fired, you're out. >> he regularly took photos during meetings. cnbc has not confirmed the firing and aol has no comment but lens' out-of-the-office says, no, i'm no longer working in this role with patch. this intense conference call comes as aol looks to close or find partners for 400 of its 900 local news sites. armstrong, who vowed to turn patch profitable by year end, may be particularly sensitive about its weakness. he co-funded patch and sold it in 2007 before becoming ceo two years later. this

so why does armstrong sound so emotional?we be particularly invested in patch's success because he cofounded it had and cold it toal and now armstrong is taking steps. the company will now look to close 400 partners morris local or news site. >> mandy, i would really like to ask you about the latest ongoing drama between cbs and time warner cable because i know you've been following that spitting match since the very beginning, and there's something new this to,story, too, right? >> well, they did go back to the negotiating table last week, but they still have not come close to a deal. we haven't heard anything official from either cbs or time warner cable about when they might resolve the standoff and end this blackout which we're now in the tenth day of, but there has been a lot of talk about ratings. ratings at the los angeles, they are down by 33%. the statement says our local news television statements have benefitted from strong ratings growth this summer, i think it means throughout rest of the summer so the net effect

here's jim armstrong of our boston station wbz. >> reporter: stephen rakes was the owner of this south boston liquor store back in 1984 when "whitey" bulger and his associate, stephen flemmi, paid him a visit. in an interview last year, rakes says both were looking fair legitimate business to front their illegal activities. >>. >> let me put the gun on the table. and they picked up one of my children and said,un," it would be a sin-- it would be a sin to see this child grow up without a father." it was a bad day. >> reporter: rakes claimed he was forced to sell his store at gunpoint and take a huge financial loss. when bulger was finally captured, rakes couldn't wait for the chance to face him in court. >> my liquor store was never for sale, never, never, never. >> steve was there every day, and stephen is one of the sort classic ordinary people that were extorted by the bulger organization. >> reporter: kevin cullen has been covering the trial for the "boston globe." >> and steve was talking about how excited he was. he couldn't wait to get up there and point out "whitey" bulger and s

out. >> reporter: later on the conference call, armstrong is quoted as telling him employees, we can'tople that are in the locker room giving the game plan away. lens tweeted no comment and also this photo inside a bar but at least lens was told he was being let go. >> that was john vermin reporting. according to a business insider while some employees were expecting to hear about layoffs, no one expected to hear a firing live during the call. >> guess not. >>> he is the founder of paypal and tesla motors and now entrepreneur elon musk is about to reveal a new transportation idea called hyperloop and it's supposedly twice as fast as an airplane, costs a fraction of constructing a bullet train. it involves building a system for sending the capsule down a vacuum tube with the air sucked out just like in outer space to eliminate friction. musk is a big fan of moving people without cars. j just the carpet of cars that aren't moving and it's just like wow, uhm, how much misery is that causing and surely there's something we can do about it. >> a hyperloop is based on the ideas of an invento

armstrong was talking about downsizing staff at that moment. >> we will talk about the warmup coming our way. mike? >> hot in the conference room and possibly hot outside, too, in some areas. >> okay, here we go with live doppler 7 hd we have visibility of 1.5 mile in santa rosa and five in novato and six in half moon bay and five in san carlos so that is the visibility reduced because offed cloud cover with temperatures in the 50's in the valley but los gatos at 68 and san jose at 57. novato and bodega bay we have 47 and 48 and calistoga at 49 and san ramon at 51 and alameda is a warm spot at 59. here is the east bay north across the san pablo bay and the clouds are getting thicker and the sunshine will equal warmer highs than yesterday with less cloud cover and a great night to watch the showers and cooler, keeping it so friday and saturday. it is urging if right now, through 8:00, and hook how quickly the sunshine dominated bay inland by 12:00 and breaking out along the coast this afternoon more so than yesterday. we will talk temperatures and we will be in the low-to-mid 70's for

. >> armstrong is on the moon, neal armstrong, 38-year-old american standing on the surface of the moon. >> that's one small step for man, one giant leap for man kind. >> a typical day for me, haldeman would pick me up around 7:15. the car would get bob, then it would get larry higby, bob's aid and then it would swing by my house and then into the white house. i am responsible for the scheduling and also for the president's daily activities. our thing was a machine, and i knew my place. it really reflected a lot about richard nixon, the degree to which he wanted things controlled. >> it literally was from 6:00 in the morning until 9:00 at night every day of the week and saturdays and sundays, too. and that pace was unremitting, totally consuming for somebody like me. i was very tough on people feeling that i had to be. there is something about the presidency that i've been ridiculed from my picking up the navy term of zero detects that you have to operate as close to zero defect as you can. and i was not overly concerned with whether people like me as a result of it or not, i was only c

out. >> armstrong took responsibility for the way he handled the firing.es, quote, it was an emotional response at the start of a difficult discussion dealing with many people's careers and livelihoods. i am the ceo and leader of the organization and i take that responsibility seriously. we talk a lot about accountability and i am accountable for the way i handled the situation, and at a human level, it was unfair to abel. i've communicated to him directly and apologized for the way the matter was handled at the meeting. in explaining why he had such an emotional reaction armstrong says in this letter to employees that he's determined to keep internal meetings confidential so employees can speak freely. kelly? >> okay. julia, thanks very much for the latest on that. >>> now, shares of apple are approaching $500 after carl icahn revealed a large position in the company yesterday. icahn tweeted that he spoke with apple ceo tim cook about the possibility of an increased stock buyback. the question now given the rally and shares is what to do with him here. jo

according to the sunday times the paper was suing armstrong for $1.5 million. the exact settlement amount is unknown. it's being called, quote, mutual acceptable final resolution. >>> the legal leaguers from chew la vista, california, crushed west port, connecticut, on saturday, 12-1, to win the american final. pitcher nick mora was the hitter. struck out nine t batters on the mound and hit a monster three-run home run. california will play japan for the world championship at 3:00 p.m. eastern today. by the way, the last four champions have either come from japan or california. that's your bleacher report update. back to you. >> all right. go sluggers. thanks, joe. >>> for the very latest on sports go to bleacherreport.com. >>> the 11-year-old girl responsible for changing transplant laws in the u.s. speaks out for the first time since her life-saving lung operation. that exclusive interview coming up. >>> plus, popular pennsylvania teacher vanishes during a hiking trip a month ago. we'll hear from his family and find out what clues they're hoping could be unco

rod as it was for lance armstrong. christine brennan, unfortunately, you and i i'm sure will talk about another sport, another great athletic legend maybe, football legend and it will go on until the authorities slap down such monstrous fines and punishments that these guys don't want to do it any more. thank you so much. >> sad day for sport. >>> an attack on a school bus, three boys reigning down. did the drive i do enough to stop it? i'll talk to him, the bus driver, coming up next. anyone have occasional constipation, diarrhea, gas, bloating? yes! one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. live the regular life. phillips'. do you mind grabbing my phone and opening the capital one purchase eraser? i need to redeem some venture miles before my demise. okay. it's easy to erase any recent travel expense i want. just pick that flight right there. mmm hmmm. give it a few taps, and...it's taken care of. this is pretty easy, and i see i

. >>> and then our tech guru mario a armstrong is here. he doesn't just do regular tech gadgets.ly playing the role of mommy today. he brought along -- if you have a newborn or you are pregnant, i won't throw any names out there, things like really cool baby monitors -- >> he's obsess the. >> the pack and play. >> that thing is amazing. mine was a nightmare. >> i guess money is okay because it saves you so much, the stress and the headache. >> they are impossible to put together. they're for the granarents, when the kid comes to sleep over. we'll have him here to talk to us. >>> and one of our favorite guests is back, the foodie magician. he amazed me, blew my mind last time. so apparently he has an even better trick up his sleeve this time around. we will see what he has planned for us. >> he's going to make calories disappear. >> that would be amazing. >> if he could do that, he can be here every day. while he's working on that trick, dylan has a final check of the weather for us. >>> real nice around the great lakes. really nice weather with low humidity. not the a whole lot o

. >> armstrong is on the moon, neal armstrong, 38-year-old american standing on the surface of the moonth, 1969. >> that's one small step for man, one giant leap for mankind. >>> a typical day for me, haldeman would pick me up around 7:15. the car would get bob, then it would get larry higby, bob's aide, and then it would swing by my house and then into the white house. i am responsible for the scheduling and also for the president's daily activities. our thing was a machine, and i knew my place. it really reflected a lot about richard nixon, the degree to which he wanted things controlled. >> it literally was from 6:00 in the morning until 9:00 at night every day of the week and saturdays and sundays, too. and that pace was unremitting, totally consuming for somebody like me. i was very tough on people feeling that i had to be. there is something about the presidency that i've been ridiculed from my picking up the navy term of zero defects that you have to operate as close to zero defect as you can. and i was not overly concerned with whether people like me as a result of it or not, i

armstrong issued an apology.licly fired abel lenz. it was an emotional response at the start of a difficult discussion. i am the ceo and leader of the organization and i take that responsibility seriously. >> the guy's still out of a job. >> he's still out of the job. >> he's still most definitely fired. we know everything is on the record. we talk all the time with the globe. local news, there's a market. i think armstrong shows outside of the specific story how frustrated he is he can't capitalize on something he should. brutal. inthoug i thought that was going to happen to me on day one. >> up next, the best of late night. american express credit card, every purchase earns you 2% cash back, which is deposited in your fidelity account. is that it? actually... there's no annual fee and no limits on rewards. and with the fidelity cash management account debit card, you get reimbursed for all atm fees. is that it? oh, this guy, too. turn more of the money you spend into money you invest. it's everyday reinvesting

we have talked about professional cycling, lance armstro armstrong, the downfall of his career. we talk about what does it mean to be a hero in the 21st century. what we're seeing is kind of systemic institutional failure, crumbling. and i guess the question is how do we come back from that. are we setting our expectation bars too high. is it inevitable that with this amount of pressure and public attention people are going to take measures that are extreme? >> i think -- i definitely think that's true. these guys are all getting paid enormous amounts of money. they have people constantly fawning upon them. they have women throwing themselves at them. they got these guys with huge contracts with sponsors. all of that sort of feeds this sort of ego centric nightmare that goes on in these guys' minds. a-rod and anthony weiner are essentially the same thing. dream ticket for new york. >> the hubris with both lance armstrong who attacked people who were investigating, same with a-roid -- i mean i didn't just say that. a-rod. who tried to impugn the reputation of journalist whose wer

now, tim armstrong has since apologized, but abel lenz is still fired.do you think of how he handled that? >> well, you know, people process and products is a big thing, but people is the only thing. i think he handled it terribly, to be very honest. >> so what should he have done? >> well, if you're going to scold somebody, reprimand somebody, you don't do it in a forum, where co-workers or other employees will see it. if you're going to lead a business, you have to lead by example. >> you're hardly a teddy bear. >> well -- >> so, i mean, you wouldn't do the same thing to try and make an example, to get people to get in line? >> no, you know what, i don't make examples of people. if i want to correct somebody or counsel somebody or terminate somebody, i'm going to do it away from everybody else. and it doesn't take a genius to fire people. but it does take a genius to recognize that you're part of the problem. >> hmm. all right. >> good stuff, marcus. glad to have you on board, buddy. >> thanks. >> good luck. we'll see you later. marcus lemonis. catch i

tim armstrong is joining us first on "squawk" this morning to talk about it.5% this morning. let's get the last word from jeremy siegel. i don't know if it's a history lesson. why are you not worried about the fed at all? >> i'm to the worried about pap tapering. for a simple reason. banks now have over $2 trillion worth of excess reserves. above and beyond the quirmts. i don't think they need anymore. you know, i think they have enough enough liquidity. i think that's the most of the feeling of the fmoc. so in that sense, i think the economy has enough liquidity to move forward in the second half of the year and there's always the option, as i say, if things slow down, the fmoc will move in the opposite direction. >> you think they can switch? >> absolutely. >> don't change gears in the mid until. >>. >> bernanke is so telegraphed that. they'll start at 20, you know, $20 billion a month. go down to 65. if we see a slowdown, you know, in the third quarter, second quarter, they will stop the tapering. it will stay. it may even go back up to 85. >> you think it

arizona recovers and armstrong bowls his way into the end zone. rattlers are back on top. he threw four td's and 30 seconds left. he is picked off in the end zone. rattlers win it. nfl is back. the class of 2003 witnessing the hall of fame game. dolphins and cowboys in the second quarter and matt moore picked off by rookie line backer . 6th round pick out of south carolina goes 75 yards the other way for six. way to impress your coaches. dallas wins it 24-20 and face the raiders in oakland on friday. this report brought to you by river rock rock casino. >> thank you, shu. >>> no strike tomorrow. bart workers will not walk off the job. but that's not it. what it means for the commuters. and zuckerberg jumps into the immigration debate. what he is planning coming up next. stay with us. we will return after this short break. follow breaking news. bart trains will run through the monday morning commute, but the strike threat isn't over yet. abc7 news reporter sergio qu nie tana joins us with the late night action from governor brown. sergio? >> ama, those union members are dis

armstrong, new york like main other states is an at-will state, an employer can do what mr.rm strong did. neil: even if it does not look good. you might be legal but it does not look good. >> what is the message to your staff. neil: what is it? >> if i don't perform right, i am gone. neil: what is bad with that. >> you can't be on point 24/7. and watching people work, they have to do it because they want to, they are motivated, by the leadership, motivated by accomplishments by money, there is a lot to motivate. neil: fear is not one. >> fear is not long-term motivation. >> i agree. from a legal standpoint no lawsuit, but the purpose of this conference call, remember to get the employees fired up, get them pumped up. neil: maybe 999 were, one was not? >> i mean if you are an employee on the phone how will you be inspired to do well when your employer does not care. neil: mr. spacely, too late, thanks for watching.rri: hello,m gerri willis. scary sinkholes are back. how safe is your neighborhood? from a geologist later. and a host of tax problems after losing a loved one. how

. >>> intense would be an understatement for this conference call between aol ceo tim armstrong and about 1,000 employees from the local news site patch. here's what happens when patch's creative director tried to take a photo. >> put that camera right now. able, you're fired, out. >> our. ouch. tensions were high. >>> facebook ceo sheryl sandberg is leaning into $91 million. she reportedly sold shares last week at $38 a share >> steep savings at walmart on back-to-school items. did you know many retailers are tracking your returns. companies say it's for security and fighting fraud. >>> 100,000 people want to give up life on earth for a one-week ticket to mars. but mars one will select just four people to star in a reality show featuring the first colony on the red planet. >>> just ahead, one of the largest and most iconic fireworks displays in the world. and richard lui will have all your sports headlines. you're watching "early today." . . . . . . . . >>> wow. look at that. amazing. over the weekend, lake geneva in switzerland bursting with one of the world's biggest fireworks displays

arizona recovers and armstrong bowls his way into the end zone. rattlers are back on top. he threw four td's and 30 seconds left. he is picked off in the end zone.rattlers win it rattlers win it. nfl is back. the class of 2003 witnessing the hall of fame game. dolphins and cowboys in the second quarter and matt moore picked off by rookie line backer . 6th round pick out of south carolina goes 75 yards the other way for six. way to impress your coaches. dallas wins it 24-20 and face the raiders in oakland on friday. this report brought to you by river rock rock casino. >> thank you, shu. >>> no strike tomorrow. bart workers will not walk off the job. but that's not it. what it means for the commuters. and zuckerberg jumps into the immigration debate. what he is planning coming up next. stay with us. we will return after this short break. [laughing] [message beep] [tires screeching] hey. look at mommy. dad: maybe the light hurts his eyes. mom: maybe she's just not hungry. look. maybe it's a phase. announcer: avoiding eye contact is one early sign of autism. learn the others