for each tree, baird determines the volume of water traveling through that tree. to do this she measures both the velocity of the water moving up the tree and the area of its xylem tissue. dr. baird: so, if i wanted to understand how much water is flowing through the tree or how much water this tree reallyeeded in any day we would simply peel off a small part of this bark, drill two very small holes into the tree, and insert this heat probe. narrator: a double probe is used to measure the velocity of water moving through the tree. the lower probe is heated to a known temperature. the other measures the temperature of both the tree and water in the tree. if water is not flowing, the upper probe records the maximum-temperature difference possible. the faster the flow of water the more heat is dissipated, and the more the temperature is similar. in this way, researchers can determine the amount of water used by that tree. baird also takes small core samples of the tree to measure the width of the xylem and the total area of xylem in the tree. various trees and plants

. >>> canada's foreign minister john baird says mohamed fahmy is imminent. no official word from the egyptian government. >>> plenty for still ahead on al jazeera including lebanese fishermen found them entangled in syria's war. that someone could take my property away from me >> hard sell an america tonight investigation only on al jazeera america >> the death toll could be much higher than anyone known. >> posing as a buyer... >> ...people ready then... >> mr. president >> who should answer for those people >> hello again. the top stories on al jazeera. there's a report of an explosion in the egyptian capital. it happened near a busy square in the center of the city. after two bombs were discovered by police. that's according to the reuters news agency. iraqi government and shia militia are declaring victory group now ready to move into i.s.i.l. strongholds including mosul. >>> the head of a u.n. inquire yu looking into wrongdoing has resigned. william shaveas. the war in syria has had a devastating effect on the fishing industry in lebanon. crossing over

baird. >> welcome back to "power lunch."he stock is plummeting on news its kidney drug lets a higher than expected abdomenal side effect. that's in a midstage study. an eight times its normal trading volume the shares have lost one-third of their value. it has a market cap of $352 million. on the smaller cap side of the biotech space. back to you. >> thank you very much. >>> time for the power rundown. robert frank, diana ohlick join us. pick a surprising new finding in housing. more than one-third of americans do not know the interest rate on nir home. this is shocking me. at least today not very many of them knew the rate but they did at least know whether they had a fixed or an adjustable rate mortgage, and that's a good start. if you don't know your mortgage rate especially today with falling rates and with new government backed loans that are cheaper than they were before you could be missing out on thousands of dollars in annual savings. >> wow. robert, you know your long range? >> i had to check a week ago because rat

foreign minister john baird continues to raise his concern with senior egyptian officials. jim munson is a member of the canadian senate, now that peter greste has been returned home, canada needs to push even harder for mohamed fahmy's freedom. >> i sit here outraged what has happened in cairo with mohamed fahmy. i always thought from the get-go that the prime minister from this country should have intervened right away. we have been told over the last many months that there are back channels, there are front channels so on, so forth. but it should be the main channel and the main channel is the prime minister.of prime minister of this country. any other canadian journalist in particular circumstances of this would have been released months ago. talking to president sisi, should get this done. the awfnt journalist is home and said if i'm allowed to be free then we should all be free and that includes other journalists who are in egyptian jails as we speak. >> chinese president xi jinping can set to make his first visit to the is u.s. later this year. they are discussing th

have been putting a lot of pressure on our government and our minister of international affairs john baird traveled to egypt to speak on behalf of humid's release. we hope that had an impact. many rumors flying this morning as you can imagine so all networks are speculating about what could happen. i think our own experience last year with so many false starts make all of us very cautious to speculate too much. >> absolutely. you were in the prison for 40 days. tell us what the experience and what people like peter and his colleagues will be experiencing as they come out into normal society, if i can put it that way. >> it's hard to describe how strange it is to be locked up so long and so cut off where you have no sense of -- you lose all sense of yourself, because, of course for peter to be looking for the first time, 400 days or for muhammed, that's a pretty strange experience. the reuniting with family is extraordinary. it's also difficult, of course, because the world wants your story, and it's very hard. we had a hard time condensing down what 50 days was like, for them, four hub day

foreign nationals convict of crimes in egypt can be deported, so canada's foreign minister john baird has indicated that the release of mohamed is imminent. he said that diplomatic efforts were going well, but didn't say exactly when we could expect his release. we've heard nothing from the egyptian government. >> al jazeera is still continue to go call for the immediate release of its two staff members who remain in prison. in a statement the network said: >> nigeria is getting more help from its neighbors chad and cameroon to fight boko haram. al jazeera has more from the capitol of chad. >> chadian forces are stepping up their offensive against boko haram targets inside nigeria using helicopters and jet bombers, they have been targeting towns and villages inside nigeria under the control of boko haram. the last few days, their target has been a town not far from the border nigeria shares with cameroon. they have been targets positions off the boko haram fighters from the ground and other town. inside cameroon, chadian ground forces of carrying out strikes against positions of the b

she snarled p baird. she has already apologized abjectly. but now she is behind bars, taken to court in prison overalls. she said her anger was because she took her job as airline executive in charge of cabin service to seriously. but it was wrong, she said, to be inconsiderate. initially, people were just laughing at what happened on that flight. but now people are asking whether those events reflect something wider going on in this country. he says, it was a revelation of how arrogant the privileged can be. they think they are above the law. by getting the appropriate punishment, i hope we can turn into a more mature society. the flight was turned back only 20 seconds from the gate. inside, mrs. cho is raging. her anger has subsided. contrition has set in. but it may be too late to save her from more time in jail. stephen evans, bbc news, soul. -- seoul. >> the first large-scale trials of an experimental vaccine against ebola have begun in liberia, one of the countries that was worst affected by an outbreak that has now killed nearly 9000

baird analyst jayson nolan. "bloomberg west" will be back. ♪ >> i'm cory johnson.s is "bloomberg west." hsbc ceo stuart gulliver says his bank helping clients avoid taxes is the product of a different error. he said his own account has nothing to do with dodging taxes. >> it was purely about privacy. privacy from colleagues in hong kong, switzerland. it had no tax purpose whatsoever. >> gulliver says he is de-risking the firm after reports that hsbc sheltered money for tax invaders and criminals in the 2000s. sim card maker gemalto says the u.s. and u.k. governments were probably behind the 2010-2011 hacking attacks on its networks. comments came after report in the intercept blamed the governments for the hacking. it is a great story. it was based on documents leaked by edward snowden. gemalto says no products were affected, there was no significant theft of data. that story would argue otherwise. radioshack's name is going on the auction block separate from the stores. the biggest shareholder has offered $20 million for the name and other intellectual property. s

cane avenue, baird boulevard. >> yes. >> so you can see the road shutdown there, firetruck on the scenes ambulance, work to go get more information. no word on any injuries just yet. >> i have no idea if, i mean, this is about the time the kids would be on the bus, but we have no idea if anybody was on the bus, besides the driver. and, doesn't look like too much damage or anything. >> officials on the scene, zooming in, we can't see any damage to that bus. >> i don't see any damage at all. >> we are working to get more information for you. >> okay. we'll do that, but here, we got to get right to. >> this the trial has started, well, start in about an hour down in texas. >> it is being called the american sniper trial. >> so, former marine eddie ray accused of shooting and killing former navy seal chris kyle, at shooting range on february 2nd, 2013. >> of course there is guy's attorney, pursuing an insanity defense, and if convicted faces life in prison without parole, among the first two witnesses, expected to testify, are the widow of chris kyle, who was featured in that movie, america

baird. >> watching the markets flirting with all-time highs. s&p 500 break agency new record.ng back here a bit. the dow a stone's throw of 18,000 and the nasdaq hitting 15-year highs. bob passany at the new york stock exchange. a lot of milestones. >> it's good enough for a new high on the s&p. at least intraday. take a look at the s&p. 2,090, it would be a closing high. that's where we are right now. oil did come off its high in the middle of the day and that's some of the oil stocks. this is one of the big active etf's. that came off the he's. when you see them crawling back right now, and i think that's a factor in holding up the markets. it's been a very big growth bid to the market this week. by a growth bid, i mean tech stocks. materials. discretionary. energy. industrials. all have been out performing. again, another down day for utilities. here's the exchange traded funds. bpu's, van garde. you can see on an intraday basis, this is down but it's been down all throughout the last several days. this is one of those sect orz that's getting a lot of creations these days i

baird. >>> welcome back to "squawk on the street." bank of america, moving to the downside to the tune of nearly 1% as investors are digest a story that hit in the "wall street journal" that discusses a peculiar strategy that the bank set up over the last few years to take advantage of some international tax law quirks on behalf of clients that unfortunately were funded in the unit of bank of america that has insured deposits here in the u.s. the unit is called bank of america national association, bana or bana as we will call it and the bank according to the journal, using it since 2011 to fund dividend arbitrage and other trades for clients within its european investment bank. now, of course this started in 2011 according to the journal, by 2014 the bank started phasing it out but the report does say that in 2012 the bank had as much as 5.6 billion in these type of trades outstanding, guys. and this is not looked upon favorably by regulator because of the fact that deposits insured here in the u.s. should not be used to then in turn

baird and company.about some of the upside surprises who had the best quarter jeff bezos, tim cook, or dick costolo? >> i think one of the prevailing themes here is that spending continues at a pretty high level. from that perspective, amazon actually impressed the street a bit with showing profit margins a bit above expectations and that related in the rerating of higher. i think in the case of twitter, there was certainly another revenue and earnings beat. that's reflective of that company focusing and turning up the dial in terms of montization. >> does that create as you say, a rerating higher for twitter and it's no longer about great expectations for user growth and monthly active users and more about monetizing, which twitter moved it's been able to do at a pretty tremendous rate. >> yeah. actually, i do think there's still going to be focus on user growth. they have clearly demonstrated their ability to monetize the existing user base. we do sense greater urgency at twitter in terms of driving m

baird. >> welcome fwook power lunch. we are off our session lows and then now in positive territory with the s&p 500. we have actually equipped the 2,100 mark. you can see it there for the s&p 500. that is, again, a record high in trading. susan, what's leading the way so far today, health care stocks financial stocks also material stocks doing well in the trade today. the notable lagger and it has been for a while, has been the energy sector so susan, a nice move higher for the s&p 500. >> back up to the record level there's. dom, thank you so much. now, recently one of our very own, our news associates zach guzman received a suspicious phone call right here in the newsroom. we'll let him tell you what exactly happen next. >> i'm zach and news associate here at cnbc. recently i got a phone cal from somebody saying they were from it and needed access to my computer remotely wri. i handed over my ip configure. i saw a mouse start moving and then they asked me for a credit card. that's when i knew there was a problem. >> h

baird. >>> the clock is ticking for apple as the company nears april release of the anpple watch.5 million units johnny ive to revamp the stores. speculations swirling about an apple car now. what does this mean for the stock? joining us discuss more brian blair, apple analyst at rosenblatt securities. first, deal with reality first, right "the journal" talking about the watch, 5 million plus units can they do it. >> they can but not in the time frame the journal's talking about. they'll make 7 million units for the first half of the year maybe another 7 million for the second half of the year. but it's going to be demand-based. apple has to tell quanta what they think they can sell but at the end of the day they haven't sold a single unit. that number is aggressive for q1. >> do you not believe the demand will there be or suppliers cannot keep up. >> the supplier's able to make enough but we don't know what demand will be like. we know the low end model is $349. we don't know what the killer application for this is yet. i used it back in september and the version they were showin

baird. >>> welcome back to "squawk on the street."engine maker, the stock moving lower after it cuts full-year sales citing weak demand in international markets and a strong dollar. company gets more than half of its revenues outside the united states. as a result shares down by 5% today. back over to you. >> thank you, dom. >>> speaking of earnings, slam dunk for under armour, topping estimates, two fitness apps. when asked about under armour's jump into the wearables fray what the ceo had to say. >> if you think in ten years from now walking around with these 3 x 5 pieces of hard glass in our back pocket no. wearables will equal apparel someday. >> under armour may be making big move but was retailers delivering. let's bring in retail analyst with ubs, covers under armour. long-term vision that kevin plank has for wearables by acquiring digital fitness companies? >> well, he's right to point out it's a big growth market. importantly, under armour is at an interesting point in growth cycle, trying to expand internationally. one of th

this is kaighn avenue at baird boulevard. chopper 6 live on the scene.ns in this area as well. i would avoid it altogether with emergency workers still out there. stick to haddon avenue or you can use wilson boulevard instead. let's go to the traffic maps right here. so, we have a second accident in the same exact spot we had an earlier accident in mercer county. the ramp from 295 southbound to route 1 southbound here so watch for this. you know hard to say if maybe there's a pothole that creates problems and creates an issue but the ramp from 295 southbound to route 1 southbound partially blocked again this morning. matt. >> thank you karen. lots of sunshine out there. beautiful picture of center city philadelphia. dave murphy with the accuweather forecast. david. >> we are off to a sunny start but it's still cold matt. take a look. right now we're sitting at 28 degrees in philadelphia, still 19 in allentown and there's a bit of a breeze giving us wind chill in the teens so obviously put on those extra layers and use the extra gear on the way into where

baird. ♪ there's confidence.trusting your vehicle maintenance to ford service confidence. our expertise, technology, and high quality parts mean your peace of mind. now you can get the works, a multi-point inspection with a synthetic blend oil change tire rotation, brake inspection and more. $29.95 or less. >>> we have 2 1/2 minutes left here. i have bob pasani here with me as we look at this chart of the dow. very very narrow range for the average here when you consider we have an expiration week. tomorrow is expiration day. usually you get much more volatility leading into that. maybe we'll get that tomorrow. who knows. >> look how odd this is. this is 125 point range. >> that's pretty small. >> 7, 18,000 point index. >> 125 point range on a daily basis in 2014. in january we were in 2 and 300 point ranges on a daily basis. >> consistently. >> one more chart before we get to nordstrom, wti and crude very volatile today. we were below 50 for a time on the open this morning. the inventory numbers showed a bigger

baird. >>> the ceo of dish network joseph is retiring at the end of march. second largest satellite tv company missing street revenue forecasts and reporting a loss of 63,000 pay tv subscribers. apple spending $1.9 billion on two european data centers. the centers in ireland and denmark will power the on-line services in europe. this is apple's biggest project to date in europe and the stock, by the way, currently sitting at $132.14, which i do believe is at a record high. brian. >> okay. over to dominik for a quick market flash. >> sharsz of tech services and solutions company computer sciences at their highest level since december of 2000. that's on the heels of a deal record story that the company is in talks to possibly sell itself to private equity or strategic buyers citing sources. it has to do with a strategic buyer for the parts of the business that aren't related to government contracts. you may recall last fall blvl did a story saying the company had contact in possible private equity buyers. brooen, back to you. >> thank you very much. meantime g

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john baird did go over to egypt on a trip and apparently pushed for fahmy's release while he was thereether that happened what they have been doing in the background, we really don't know. their very secretive about that. >> behind the reluctance that you put forth? >> that's been a complete mystery to us because obviously, the aggressive pushing for peter greste's release by the australian government has led to being secured. when two canadian citizens were jailed before fahmy, when they were jailed in egypt, they were released within months because our government pushed so hard to get them out of jail. so why they haven't pushed for fahmy's release in the same way, don't understand. it's been extremely frustrating. the only thing that comes to mind is the dual citizenship issue which, as far as we are concerned, should not have anywhere impact on this whatsoever but i don't know. i don't know what our government's thinking. >> so peter greste is out. >> that's news and hopefully colleagues will be following shortly. do you think this will make any sort of positive impact on the freed

in baird west virginia buffalo creek along the line with maryland, they get 17 below zero this morning. so plenty of cold air. we'll moderate it a bit. and as far as the numbers on the record board, if you want to keep track, just kind of compare reagan national had a record low of 1 this morning and checked in with 15. b.w.i. missed it by one there. big break by 18 degrees. 18 degrees below the record temperature this morning. and as we head to the overnight, there you see mostly low 20's and we get busy looking at the two weather systems that captured our attention. the first one is a coastal carolina system that's moving out. and then we go a little farther to the south and west and pick up the development of a new storm system that's possibly going to bring snow to parts of our area on thursday morning. use the term possibly because that's all it is right now is the possibility. plenty of cold air. it's humidity in this area across arkansas and parts of kentucky tennessee north carolina where they're in a stripe that's under a winter storm warning for the day on thursday and potent

skyforce10 over the accident scene at kaighn avenue and baird boulevard where the bus collided with a pickup truck. this happened about 7:30 this morning. we're told the bus was headed to pennsauken technical high school at the time. school officials say there were no serious injuries. >>> and today, water department crews will try to complete repairs to water main break that forced closures of one of -- one stretch of the roosevelt boulevard. the cast iron main broke yesterday sending thousands of gallons of water and mud on to the roadway. all lanes had to be closed during the morning rush. rush hour. officials say cold temperatures caused the 73-year-old pipe to fail. >>> and new this morning, philadelphia police are searching for these two men in connection with shooting and attempted robbery in olney. this surveillance video was taken near second street and olney avenue saturday afternoon. a man says the two gunmen tried to rob him, so he ran. one of the robbers opened fire hitting the victim in the back. the victim was able to make it inside a nearby bar to get help. >>> and fro

baird. >>> welcome back to "squawk alley."st review walt mossberg describes remote access at parallel's access as helpful in a world that may be post-pc but not pc-free. here to explain is walt mossberg. good morning. >> good morning. >> all right. so parallels access 2.5. what do we need to know? >> okay. so we're all on mobile devices, this is the new go-to thing, no longer are laptops, but our laptops haven't gone away. they still have more powerful apps on them, they still have a large storage, still have a lot of our timfiles and data and no always with us because we're using our phones and tablets. sometimes you have to get to that data, maybe you want to get a file, maybe you want to use an app that's on the pc. parallel's access is one of those programs that -- and i think the best one, that lets you remotely control and access things on your computer wirelessly from anywhere. >> walt, is this good enough and easy enough for the mainstream user? because there are a lot of things you can use to be productive on a tablet

intelligence and security analyst bob baird joins me now and retired marine corps major. with you, bob. looking at what we saw unfold the horrific mass behadd areeadings of coptic christians in libya. it is clearly reaching far outside of iraq and syria and clearly waging a religious war, and i wonder if you think that that changes how the west should fight isis? should we really be focusing on air strikes and this bombardment in iraq and syria or does this need to be an entirely new form of battle? >> well i think we clearly have to destroy the islamic state as it exists in raqqa. it is a disease, and what concerns me is it's starting to move into the gulf into saudi arabia the uae and just economic aspect of this could be a catastrophe, but again, also and i agree what disturbs me is the lone wolf this psychosis which i frankly don't understand. i've never seen before where in america, someone who has grown up here so identifies with for instance the sunni in iraq that they feel that they can go out and murder people and in a country where guns are so easy to come by an

. >> ben kalla of baird. >> it seems like it's a healthy run fairly fast. >> in one day. >> right.k based upon that, you always expect some sort of a pullback. you wouldn't expect this extension to continue on to the upside. so, yeah, on the pullback, i think you've got to be interested, especially if you're bullish on oil, despite what everybody says. it's been trading with oil. and i see oil going higher. >> he picked out first solar and sun power. sun power has been pulling the ship forward. he said that projects from first solar are going to come on. i think it is still probably both buyable. but i would lean his way and buy first solar off of this. >> guy? >> sun power's first quarter guidance was not good if you look. >> yeah. >> the quarter was all right. the guidance was not good. huge short interest in sun power. we said that move in the after hours should be extended today. that happened. i'm in sort of the take profits, specifically in spwr here. >> all right. this brings us to finerman's fine print. another part of the space beaten down, and that is coal. karen? >> yes.

baird. zirchgs wack back to power lunch. expedia reported weaker than expected profits. those shares you can see priceline down by nearly 3%. tyler, back to you. sdmroog thank you very much. intuit halting allstate e-filing tax returns on worries now about fraud. the company is temporarily pausing all filings on its turbo tax program as a precautionary step. the stock dropping on the news as you see there. actually it's come back a little bit down now. down 2/3%. >> it is getting its first ever technology chief. the camera pager hiring long-time executive tony young to be its cio. >>> madison square garden gaining ground after topping street forecasts. shares for the media company and the sports team owner up 33% over -- about 31% over the past 12 months. sue. >>> time for the rundown. the power rundown specifically. joining us mark president and ceo of the national urban league and ron christy, founder and ceo of christie's strategies. nice to see you, gentlemen, once again. >> great to see you, sue. >> we have better news on jobs numbers today. do you feel, ron, that t

baird. >>> hi, everyone. here's your cnbc news update at this hour.e's monetary problems it continue. german finance minister wolfgang schaeuble said a report the greek will get a six-month extension to pay off their debt is fall according to several wire reports. temper sele bouncing back after h partners disclosed a 10% stake in it. h partners says the stock is undervalued. facebook launching free mobile internet service in india making it the first country in asia to get facebook's internet.org service. it's aimed at low income and rural users. are you missing your nicorette lots zennings. they issued a recall and then stopped making them and that has upset a lot of followers. according to the "washington post" that is. no word on whether the company will start making those again. coming up tonight on "mad money" jim cramer interviews ben baldanza 6:00 p.m. eastern time on cnbc. that's your news update for this hour. back to you, carl. >>> thank you, sue. your car might be vulnerable to hackers according to a new report by senator ed markey which s

. >> as i like to see the baird who his got his green -- his dream job. what does this mean to your? >> it is mostly a lot of fun. a lot of friends come together. the best players on the game getting out there and playing a lot of offense. >> those who say sports television is in a bubble, it is going to burst. >> i think they are wrong. i don't want to characterize their mental state. they continue to appreciate. we invested the long-term value of live sports. >> i have my phone and tablets. how do you watch this stuff? >> we produce for five hours per hour. we produce many more hours than there are in the day. i am consistently falling behind. that is why you can watch it in your smart phone. >> given to how they wanted and where they wanted. >> you are at the dinner party or in a business meeting and you want to see what the score is our catch a highlight, we want to make sure you catch that. we aren't going to take our position edge by the rights we have. continue to present them to fans wherever they want to get them. adopting technology so when new

332 of the act in which the commission went in and for more -- never no the right word to use for baird, did not. [laughter] enforce multiple precision -- provisions of title ii and that has stayed that way for 23 to 522 years the democratic and republican chairman, changes in the nature -- i mean, -- >> bloomberg, there has been talk that they will seek to free up state laws. will you grant similar petitions today? >> we we will look at petitions and make a judgment based upon the record. >> are they're any other questions? >> yes, sir. >> under the knew rules could you address specifically how the commission might address issues specifically mobile providers. >> again, we specifically did not go into that kind of detail but created a construct upon which we can build a record which would then allow us to make that kind of determination. >> peter cocoa bloomberg television. mr. chairman, if i could i want to go back to the president's president's role in this. how confident are you that you would have arrived on this final rule have the president not president not done is november stat

this is cane and baird in camden.el nulter will release details about the upcoming bike share program. the mayor is expected to reveal the name and its corporate sponsor. nbds nbc 10 has learned riders will buy monthly passes to allow them to use the bikes. we'll also get a sneak peek on where some of the bike stations will be. >>> i'm tracy davidson. we'll have another local update in 25 minutes and you can always get the latest news and weather on the nbc ten app. it's a free download. . >> from nbc news this is today's take from willie geist and tamron hall live from studio 1a in rockefeller plaza. >> today is february 11th 20. i'm willie geist with al roker tamron hall and look who's back. natalie morales. >> you were on assignment? >> yeah. good stuff. it's a good show coming up. get further in development. >> as many of you know, it's a difficult and strange morning around here. nbc news decided to suspend brian williams from his role as managing editor for six months without pay in the wake of comments he made

firstly traveling throughout camden area we have a school bus accident at cain avenue and baird boulevard scene to transport, a few of the folks, on this, and, being cleared out of the way. sun glare is a big old problem and so is rush hour. on the schuylkill, i-95 roosevelt boulevard and on the 42 and 295 erika. >> vittoria, thank you. >>> next update 8:25. next up, what you and your loved ones should doo to fund your future. your local news weather and traffic continues on the cw >>> it is wednesday, february 11th 2015. welcome back to "cbs this morning." more real news ahead, including reaction to the death of isis hostage kayla mueller. ben tracy is in her arizona hometown as the community grapples with its loss. but first here's a look at today's "eye opener" at 8:00. >> kayla was one of the hostages u.s. forces tried to rescue in failed covert operation in syria in july. >> this morning eastern crew crane is seeing some of its worst fighting in months. >>> nbc's brian williams will be off the air until at least august. the network announced last night that williams is suspended for

the fda approving a baird generic disease.im him him him him him him him him him him him your mom's got your back. your friends have your back. your dog's definitely got your back. but who's got your back when you need legal help? we do. we're legalzoom, and over the last 10 years, we've helped millions of people protect their families and run their businesses. we have the right people on-hand to answer your questions backed by a trusted network of attorneys. so visit us today for legal help you can count on. legalzoom. legal help is here. as the board. right now holding above 18,000. not having a sloppy station apple stop. everyone putting their chips on apple. i do have a scary number for you. 4% of americans say they are only one day bill away from financial disaster. >> it is worse. i think it is evidence that the big bank bailout mentality has not worked and continues not to work. at the expense of the american people. charles: we should be paying attention to this for the future. manual labor, and you can work at a facto

baird. >>> we've never hesitated to investigate and prosecute any individual, institution, or organizationur markets and take advantage of the american people. >> well that was attorney general eric holder earlier this month, reiterating the justice department will continue to pursue anyone that violated the law and contributed to the financial crisis of 2008. but as jim stewart writes he's not holding his breath for any more indictments. jim stewart, the one and only joins us here at post 9 to explain. clearly, you're skeptical? >> this groundhog day or something? have we all heard this before? we're now six, seven years out of some of these events statute of limitations is starting to run on some things. yes the justice department has prosecuted a lot of people they've got the numbers but can the average person name one of these? i don't think so. >> do you think this self-imposed three-month deadline was trying to make a political statement to save his face before loretta lynch replaces him? >> end of term kind of gesture. i don't want to be too cynical about it. i do think he makes the

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the republicans keep repeating the notion of trickle-down economics, which hasn't really baird out overhe years -- hasn't really borne out over the years. when will it start trickling down? it turns out when the government steps in and paste people a living wage to be able to live while you are working. this whole notion of republicans calling in and complaining that their wages have not increased over the years, you have to go out and build these policies in. guest: i think when some republicans talk about the democrats being interested in the class warfare game, that to me is a very stupid statement. i don't know any other term or how to identify or describe it. when you talk about where most of the gains in the economy have gone over the past six years coming out of the steep recession, they have not gone to the average middle-class individual. they certainly have not been proved -- improved a lot of the poor in this country. and we are not talking about giving away. we are talking about creating an atmosphere where people have equal opportunity to put bread on the table, to afford t

baird. thanks for being here today. >> good morning.ely balmy dallas. >> yeah. you're not missing much here when it comes to the cold temperatures. will, is that true? two-thirds of all mobile payments with apple pay? that actually surprises me. >> yeah it's a big number out of the gate. we've seen other anecdotal evidence whether it's whole foods suggesting they've seen a 400% increase in mobile payment since apple pay has been introduced. fortunately still a limited number of supporters. given the success the early vendors are having with it. >> what does that mean for apple? what do they make on this? >> well, i think it's a pretty small sum for apple. as you talked about in the past it's more about the ecosystem for them. this is a key differentiator. apple pay, this is something the android ecosystem hasn't really introduced in any successful way yet. this is what really continues the momentum for apple. at least one of the elements. >> so this is just a sign of them continuing to innovate and give consumers things they want, you m