when barclays did this deal in south africa, not the focus for very many --opean banks >> barclays hasg presence. it bought a 55% stake, but then it sold its africa operations. it is complex. a is focused on africa as whole as opposed to one territory. >> a famous cuban ballet dancer noworried that he has successor. ♪ >> we are just over an hour from the start of most european trading. caroline hyde is here. heart, it is a bit of a chicken and egg situation. this is in the daily telegraph. trying to convince the u.k. , they ship most of theirs to european -- eastern europe. not livereason we do the wonky fruit, it is sent back to the farmers. the quality is still there, but it looks a bit weird. >> they have fabulous tomatoes. but they are a bit knob lee around the edges. who cares? >> why was it so empty? >> it was raining. it was quite cold. public transport and getting into the stadium was very difficult. >> you are ridiculing me for fie.ng taken a sel >> the other person who received criticism was jacob zuma. he was booed every time he was on the screen. he asked the crowd to be di

. >> this is what they're doing at barclays and citigroup.e the chief of bacardi coming on. >> we do? liz: yes. >> he's going to make a lot of money. from what we understand, the worst place in the world, this is a dubious distinction. don't worry, i'm bringing it back to my office later. the dubious distinction of being the worst place to work during bonus season, and it's a toss-up. my producer's been talking to people all day, talking to people there, analysts, the two -- it's like a tie. a tie for being in last place. liz: tell me! >> citigroup and barclays. liz: they're right over there. >> i know they're close to us. i'll probably see some of the guys and, don't worry, guys, i'll buy you a shirley temple. my buddy, mike, the bartender will serve you a shirley temple. the worst place to work are those two places. from what i understand, in terms of bonuses being done in some of jobs, they're going to be down as much as 20% and even more, barclays as much as 30% -- liz: by the way, that's a u.k. bank -- >> no, but barcap is a u.s. subsidi

people of the pension funds and the institutional business they were pulling money from barclays and barclays and put in motion the end of apartheid through to that bank that was seen as underwriting the new regime of apartheid in south africa so here you have a just b.c. in bed with hezbollah. they just be saying not only do they blow the money from mexican drug cartels that only do they rip people off of the high street around the world and they are there you know they're not america they're not the world's local bank they're the world's local terrorist financing organization essentially so you have the financing as. well as israel is israel coming out and saying we're against a just b.c. financing has blown up i know because you're duplicitous a fill in the rest of the letters i think the u.s. doesn't care as i point out that h.s.b.c. was also financing al qaeda so it's as it's about kickbacks is about future job prospects that the war on terror is a money spinner as a huge money earner that's all they care about they want it to be financed we were israel gives weapons to various

and barclay's and j.p. morgan you're going to have to start targeting people more in your own country to see what's happening in the u.k. or the u.s. financial terrorism like we saw r.b.s. the world bank of scotland a couple down a southport were financially terrorized by osborne cameron and royal bank of scotland and that's the point that's the dirty war the dirty wars it's dirty money it's dirty money war so that's why the film at the end of the day lacked a lot of it because it failed to get into the real dirty financial aspect of what these mass extrajudicial murders it's all about the money you know it to think that it's about some kind of a moral deficiency by some group of people is to not understand that sense more ality doesn't trade on the new york stock exchange there is no morality there never will be more reality and so you can't even start from a place of morality you have to start from a place of sublime three hundred sixty degree corruption that has no beginning or end it's a mobius strip of

barclay's, deutsche, society issee generale. barclay's was not fined as it cooperated originally.complaints have been launched into credit agricole, hsbc and jpmorgan. they also say broker rp martin sought to influence the yen libor rate. as far as some of the individual fines are concerned, deutsche bank has been fined 466 million. societe general ooet, 466 million. rbs, 131 million. rbs fined another 259 million. jpmorgan, another fine for them. 79.9 million. citigroup, 70 million the fine. and the broker at 247 million. and icap, as well, the broke r n london has also been involved in this. hang on and i can find out -- i'll come back to icap in just a second. apparently whistleblower ubs has chosen full immunity in the yen libor probe, as well. these numbers all come out, but essentially, deutsche seems to have had the biggest collection of fines. 466 for the cartel and another 259, as well, for the libor cartel. and jpmorgan got another fine of around 80 million euros. we'll keep those coming, as well. and i just lost the icap conclusion, as well. 466 for the libor and 79 for

helima croft of barclays. these technical considerations like contrarian sentiment indicators? >> we are mainly a fundamental shop in terms of supply and demand, but you have to look at sentiment and the idea of our wave?-- are we riding a >> it is fundamentals at the end of the day. >> sentiment is driving this market right now. for tech stocks particularly. we will get to twitter. no earnings. >> that is all sentiment. >> if you're sure went back to 1999, imagine what it would show. chart went back to 1999, imagine what it would show. >> it is the highest since the late 1980's. >> with all the economic data that suggests we are on a good path, the market is in the job of predicting the future. ders are trying to be six months or nine months ahead of the curve. you cannot help but ask yourself is it they -- is it baked in? the fed will continue tapering, might we start out at this level? >> it is the battle between value and growth. look at apple. $700, it was to the growth stock. it is now down to 500 -- $50

but what's interesting is that if you look at what's happening in the uk right now to hsbc barclays lloyds the royal bank of scotland to take it there there participating in the exactly the same fraud with the help and participation of the bank of england. it's a program called quantitative easing where they signed to bank loans the commercial banks to buy stock or bonds in this case in the central bank said they are doing the exact same thing that in iceland is a crime. i think because iceland russia iran and china are all banking systems that are outside of the control of the federated reserve bank of america or the bank of england in the uk. they are free to prosecute financial crimes. we don't have that freedom in the uk because the backers are protected by the bank of international settlements in switzerland the federal reserve in new york to pollute on a global basis to line the pockets of the criminals in this case so the bankers in the uk in america. and of course economies are suffering catastrophic lee as a result of this poverty is on the rise and living standards in the uk are

government for example is been co-opted by barclays and royal bank of scotland in particular was just caught targeting small businesses for a death where they were setting small businesses up to fail so that one of their affiliates could swoop in and buy assets for pennies on the dollar so rb ass is acting as a what i call a financial terrorist with the full cooperation of david cameron george osborne and mark carney the head of the bank of england so they are fully engaged in the confiscation of wealth using what i call financial apartheid and other tricks to essentially steal the wealth from the from the vast majority for the benefit of a very few on the inside a code array of bankers who work globally but not in iceland iceland have the courage to do what we've seen in some other territories by prosecuting bankers in vietnam recently a banker caught committing financial crimes was executed now there needs to be a deterrent against financial fraud of this magnitude capital punishment seems maybe to be a good idea if it will deter bankers from committing acts of financial terrorism i

pospisil to you. >> will the new york islanders wear black jerseys at the barclays center?third jersey. >> you will have to come back with it. >> bring blitz with you when you get some ice there at the barclays center. on"bloomberg surveillance" radio continues. tom, you will be talking but economic data, china of course, searching. "in the loop" with betty liu is next. ♪ >> good morning. it is friday, december 20th. the holiday chaos begins. probably continuing all along. >> in the thick of it. oliva from bloomberg world headquarters, and betty liu. >> i'm cory johnson. >> we have two hours ahead of us. our producer-director gave us a little eggnog quick whack at eggnog.r -- a little >> at this hour? will vote to advance janet yellen's nomination today and then take a holiday break and will vote on the final confirmation january 6. blackstone turned to stress into success. the largest private equity group has created a rental home empire by biting 41,000 houses across the u.s., many of them distressed in this clip -- foreclosed are pretty. blackberry still struggling. the

interestingly, barclays saying they are hiring more stock traders for the coming year.hey are optimistic about the equity markets and equity markets are optimistic. $2.9 billion is what abyer will be buying into but people like the fact that it is getting its hands on that asset. astrazeneca up 2.5%. that too is m&a. it is getting a tent on a diabetes drug, buying out any interest from bristol-myers. but billion we are told, they like the fact that they are going to have their hands on that asset. deutsche telekom up 2%. again it is m&a. dish network considered buying t-mobile. it is the u.s. unit of due to telekom. m&a in the air. that u.s. unit valued in excess of $20 billion. i finished on a full screen of saab for you. up 23%. i will be talking much more about the stock. saab beating boeing for the brazilian air force order. the v-6 jet planes worth $4.5 billion for the next decade. when he three percent higher. a bit of m&a, edit of jet fighter for you. >> things for that roundup. let's bring you some pictures from vladimir putin. he is beginning a marathon q&a ses

it just worked out from availability at the barclays center, the right place, and they were aggressive wanting the event. >> can you tell us one artist that did not get in that did not get in then maybe we can look forward to in the future? >> people are not cut off when they don't get in. you are always eligible. >> who can vote? >> the voters are made up of past inductees. they are made up of other people in the music industry, writers, critics, authors. last year, we started the fan ballot, which this year had over one million votes. it gives the opportunity for fans to get a vote. to thank you very much, the chief executive and president of the rock 'n roll hall of fame foundation. look to april 10 -- >> the show will be on hbo in may. >> coming up next on "taking stock," reviver, the company that sought -- saw its ad go viral this week. ♪ >> first, a look at what wall street has on its agenda for tomorrow, i want to go to carol massar for our bloomberg brief report. day. the u.s., it is fed the fmoc will release its latest white decision. chairman ben bernanke will speak at a news

barclays say that on a five-year view, europe is underinvested.to on growth and interest rates for 2014. you'll get a better reflection of that later in the u.s.. u.s. gdp should grow, so equities are having a pretty joyous time in the run-up to the christmas season. i will tell you what is not, emerging-market currencies. overall, dollar rent moving by half percent very protracted moves on things like the indonesian rupee. a 21% drop, a five year low on the rupee. in 2013.t for me oc both in 2014. much.us, thank you very very zen, manus cranny. we will hear from chris weafer as we head into break eak. the real question is that lamborghini used to build crazy supercars. the germans are involved now. this is clean. this is efficient. this is an amazing piece of engineering. is it really living up to the spirit of the lamborghinis of old? we will talk about that later on the program. ♪ "the pulse." >> welcome back to"the pulse." "the pulse." khodorkovsky has been released. this isgovernor -- lookdent putting trying to more reasonable. >> resident ro

by the way, barclay's points out more than half of deer sales is smaller in equipment.dit suisse met with deer management and confident deer can stay ahead of the turn, positive tail winds in small equipment and a bounce back in construction. >> under 40 horsepower. that's not a deer, that's a fawn. that's a tiny tractor. >> not a five-point buck. i don't know. >> thanks very much. no good deed goes unpunished. why so many are so upset with santa claus in canada. that's just ahead. plus -- >> all week on "power lunch," the top five stories of the year. we're kicking it off in two minutes with number five. it's a big win for a big boxer. back from the brink. more "power lunch" in two minutes. ♪ [ bell ringing, applause ] five tech stocks with more than a 10%... change in after-market trading. ♪ all the tech stocks with a market cap... of at least 50 billion... are up on the day. 12 low-volume stocks... breaking into 52-week highs. six upcoming earnings plays... that recently gapped up. [ male announcer ] now the world is your trading floor. get real-time market scanning

equity over at barclays. over that -- before that, got his start at lehman brothers.aid we will end out the year at 1800. welcome back. well, the firm call is the ..s. will outperform the earnings story is not turning around as quickly in europe as it has been in the u.s. we had great third-quarter earnings result in europe has not. europe is cheap but generally trades cheap to the u.s.. there is also the question about when the fed will start normalizing policy. how does the rest of the world trade relative to the u.s.? suspect were you to get euro going down more than the u.s., you should buy on that. >> we were talking about this earlier. is it really out of the woods? intermediaten cycle. then there is the longer-term questions about relative labor costs, government debt, those sorts of questions. investors looked at the 2020 outlook on 2015- relative to europe and said i like the u.s. from a cyclical perspective, the next year should be better. relative monetary policy should be favorable as well. they should be starting the tightening process not so much in euro

them mainly large infrastructure projects and you build the questionable power plants panels to barclays bank and bridges to. where there is some truth to the paper don't you get it sounds real contribution to our efforts are not going to stop is to be stable and to allow an unfettered the overflight in transit trying to force you to. reach their critics have done and failing to be. ok so we have another one there which is so it's kind of fun it's about see how the united states is trying to rear their. mate curiously your local media more pro-american. and i'll do they want to do that so there goes in addition to over to the public diplomacy other complimentary efforts could be of both rights such as aggressive media campaign through the russian media as well as placing themselves are the girls in the major russian newspaper papers read in central asia. and sure the day of the tourist see the posted material from russian media and pay them if necessary to reprint it and because we know so maybe they will publish your positive very russian positive material about united states and they'r

them mainly large infrastructure projects and you build the questionable power plants titles to barclays bank and bridges to. where there is some trace to make the biggest as real contribution to our efforts in afghanistan is to be stable and to allow an unfettered to overfly going transit driver for you to. reach the critics have done and failing to. ok so we have another one there which is so it's kind of fun it's about how the united states is trying to rear their. mate curiously your local media more pro-american. and i'll do they want to do that so there goes in addition to over to the public diplomacy other complimentary efforts could be of both right such as aggressive media campaign through the russian media as well as placements of our the girls in the major russian newspaper your papers read in central asia. ensure the day that there is and see the positive material from russian media and pay them if necessary to reprint it and because we know they they will publish it positive very russian positive material about united states and they're going to get that all every muscle gro

joining us for the next half hour, julian callo, chief international economist at barclay's. julian, nice to see you. they have a farther fwiel economy and an inflation problem. do you think they will wait to see what pressure comes? >> yes. we saw that clearly during q2 q3. whether or not the fed is going to announce tapering tonight or give some understand occasion of it coming fairly soon, it's going to be critical for the rupee and the strategy for the bank of india. i think at the same time the economy has, to me, shown some signs of picking up led by exports. and that's very encouraging. and i think it may be a little bit overlooked. but india has been printing some surprisingly good export data recently. in fact, in the third quarter, it's current account deficit was less than 1% of gdp. it was calculated about 0.6% gdp only on a seasonally adjusted basis. now, there might have been some special factors in the export data from india in the third quarter. but still, if you look at the latest data for october, for example, you can see the numbers are still quite strong.

the libor rigging scandal broke last year-- barclays paid $450 million after being accued of manipulating bank to bank lending rates. u.s. banks are also under scrutiny for failing to follow orders from the government. bank of america and citigroup are accused of failing to follow provisions related to a government settlement to improve mortgage misbehavior. earlier this year the two banks, along with jpmorgan and wells fargo were all required to improve customer service within mortgage divisions. however, b of a and citigroup both fell short of the settlement terms. reuters reports the two banks are now working to fix the problems. new homes are moving on an off the market at a faster pace. following three months of sluggish sales... new home sales climbed a surprising 25% in october. the largest leap since 1980. "the big jump in new home sales this week is a little misleading. even though month over month new home sales were up 25% there have actually been some pretty big revisions to that number in recent months. and its a number that is typcially volatile. it bounces around alot month

so far barclays, first national of omaha and discover have signed on and fico expects more next year. now, anyone can purchase their score at myfico.com and even fake-o scores can be useful to track if your credit is getting better or worse. ♪[ music ] >> reporter: but when it comes to improving your credit, keep in mind you'll need more than just a score. >> it's not as important to look at the score as it is to look at the contents of the report. >> reporter: and everyone is entitled to one free credit report a year. the only truly free report is from annualcreditreport.com but you won't see your score there, just the report itself and that is useful for finding any red flags and correcting any mistakes. >> in other consumer news we get bombarded with questions about "covered california" and the state's healthcare exchange so we are gathering the experts tomorrow for a healthcare consumerwatch hotline. "covered california" representatives will be here at kpix 5 all day tomorrow to answer your questions. simply call between 11 a.m. and 7 p.m. tomorrow, that number 1-888-5- helps-u. >

barclays and executives say profits will be up by the end of the year.ould be noticing what mulberry does. herbert has 10 times the amount burberry has 10 times the amount of sales ban mulberry.- than pounds inwent up 23 2012. now they are about 10 pounds. the 2010way off on lows? -- are they still way off of lows?2010 >> yes. secretary kerry is back in israel. elliott is keeping an eye on things. security is one of the items on the agenda. right. is the secretary of state john kerry arriving late last night. he wills the shortly in the next hour perhaps. -- he will speak shortly in the next hour perhaps. at]ears thro excuse me. it is not abstract in the sense of the word. john allen, he will present for the kind of security arrangement that might be acceptable both to israel and palestinians in any -- post any final agreement. israel wants to maintain a presence with the palestinians. the palestinian says that is a dealbreaker to have is really -- israeli troops. they will present ideas to and later to the palestinian prime minister. >> secretary kerry

get him a free tee shirt at barclays center.. number no. 4, paul mccartney wants a t- shirt.a sir. no. 3, lebron james tweaked his ankle against the jazz. he stayed in the game and the heat would beat and win in salt lake. no. 2, bulls down four with one second left. mike dunleavy's half court shot is good, but the bulls lose to the magic 83-82. >> after kicking those six field goals justin tucker's reaction is this. >> i'm happy to do it. don't get me wrong. my fantasy team is benefiting from it as well. so i'm happy about that and fantasy owners around the world, i hop you guys appreciate the points a -- hope you guys appreciate the points as well. >> the guy kicks six field goals, wins the game with a 61- yarder and if all comes back to fantasy football -- it all comes back to fantasy football. it does put the ravens back in the playoff picture. don't forget the ravens were a wildcard team last year and they got into the playoffs on the last day of the season and they won the super bowl. >> a team we all know and love. >>> kpix5 has you covered for the finale at candlestic

barclays is saying that they have the domestic brand and the analysts paid 15%. board and you have to stick with it. up back in may. and it has5 pounds been a rocky road. many chief executive has. >> that is the latest. sachs and then 2014 investment strategy. we had the statements and this is after the break. he. right here. >> welcome back. in a bloomberg cause european headquarters in london. the wall street journal, there will be scriber's with access for the first time. hans nichols joins us for more on that story. it is huge. >> to put it into perspective, the size of the market is seven times bigger than verizon and is the largest provider in the united states. they say that they will wait until they have 4g to sell the iphone. they got the commercial license for the network and the walls three journal is reporting that it will go on sale in time for the christmas holiday and that 1.5d mean an additional million a year and it is 25 million more a year. it will be the technology that promotes faster downloads. it will give you a network inside of china. the

we will look at barclays top gadgets this christmas., let's get the latest on the markets. >> as you can see from this, the china composition -- composite actually fell, the longest losing streak since 1991. since and it is up .4%. what is driving those games? i can tell you, it is the banks. you have insurance falling by 1.5%. best.nsurers are the lifeic insurance and china . let's get back to the other area, if i can. in china, 13 gaining and one declining. ,itibank, construction bank bank of communications. you have the bank of beijing and as well.ag bank the shanghai exchange, there were a few declines on friday. caused by foreign institutional investors adjusting their positions for the end of the year. and say they could rebound these stocks are among the best- performing banks. equity storya top today. also the top performers in australia. any particular reason there? -- lookalia is fighting at the top performers in australia. there are other ones that are clearly mentioned. we go from that to the pie chart. look at australia's b

they hired a gentleman that stephen jones at barclays who is now the ceo at santander. the nathan looked incredibly uncomfortable when he was talking about the bad bank back in november. know whether already his mind was moving on at that stage. when they go, it depends. they command the highest undulation they can. probably a bit more price discovery next year. >> at what point does the market to crowded out? you look at the pipeline -- it is enormous. what -- how do you manage that process? >> i hate to say this as somebody who works in investment banking, but i am sure investment bankers are saying, don't worry about it. look what happened in the mid- 90's. it was fine. i am not sure that is the case this time. these are really different banks. we have banks that are going to come to the market with very little in the way of legacy. still we have the legacy assets tracking down so many banks. at least these banks will come in and say, we can command a higher valuation. is, banks like lloyd's, barclays and hsbc, there is an argument that you should value us more highl

and barclays aren't fined because they cooperated.oney in asia is warning of a slowdown particularly in south korea on consumer banking. finally an appeal for investors in this country to buy 40% of the euro star rail service from the british government. this of course is the train service that runs under the channel tunnel through from london to paris and brussels, 40% owned by the british government. they want to sell off that 40% as part of a thatcheresque sales of state asset sales. >> not a cheap trip, simon. >> have you use td? >> yes. it's a couple hundred euros each way. >> a great ride, though. >> my trick when i was doing the summit for cnbc europe, i'm traveling through the night, you need to upgrade me. you get a great meal, three courses, all the wine you can drink. >> my fear is always, if the train breaks midway, you've got a long walk to get to the outside. >> by the way, the french government owns the other 60% so you might not want to get in bed with it that regularly. >> i hope they don't follow airlines after dereg

the ceremony happens in april at the barclays center in brooklyn. >> the time is 6:52 a.m..in with live shots from redwood city where we have a scrap metal yard that is on fire. you can still see that smoke building up. sleep train's interest-free for 3 event ends sunday! it's your last chance to get 3 years interest-free financing on beautyrest black, stearns & foster, serta icomfort, even tempur-pedic. plus, get free delivery and sleep train's 100-day low price guarantee. but hurry, sleep train's interest-free for 3 event ends sunday! superior service, best selection, lowest price, guaranteed! ♪ sleep train ♪ your ticket to a better night's sleep ♪ hey, joyc [ grunt] you really em to be dragging your a-- [ donkey bray] yeah, mid morning slump [ donkey snorts that's why i started drinking this new lipton natural energy a. come on! it's naturally has more caffeine and theani than regular lipton. here. you'll thank me mmmm... tastes amazing, right? i feel better alread [ donkey brays ] [ man ] two minute tea time. [ female announcer ] for a little oomp try new lipton natural

hercules to barclay was 24 speak have won all want to rent ride is still under 25 minutes. >>: the datawne for the holidays. a very light traffic. another nose around the states,a new report out this morning reveals damage caused by the rim fire in and around yosemite national park cost the local economy 800 million dollars. the report by the san francisco p-u-c says the fire has reduced oxygen output from trees that normally absorb carbon dioxide and release air. the value of the carbon storage lost in the fire is between 100 and 800 million dollars. add to that, the value of private property nearby which has been reduced by at least 50 million dollars. the rim fire was started by a hunter's illegal campfire. and burned about 256-thousand acres. netflix says it fixed an issue with video streaming that affected customers in the u-s, canada and latin america tonight. the company tweeted at about 10 p-m eastern it was aware of the problem. about 45 minutes later, netflix tweeted everything was fixed. millions of people tracked santa claus as he made his way across the globe delivering pre

cardinals meeting michigan at the barclay center in brooklyn. stanford trailed by 4.er an exchange of free-throws it was michigan still by 2. glenn robinson iii make it's a 4- point game, but the cardinal quickly hustles up the floor to the hoop. he will go for 18 on the night and made the free-throw and it was 66-65

australian qualifie qualifier ay barclay. >> sloane stevens won in straight sets 6-3, 6-1, over annabelle nil-3 sweep of spain, eisner and stevens took are many match in three sets. >>> how to get in touch with us on twitter, and facebook. >> and indeed leave your comments as well, i know you read them every night when you leave, i know you're so conscientious. thank you for watching us on the al jazeera news hour. in a moment it will be julie. bye-bye. >> welcome to al jazeera america. i'm del walters. these are the stories we're following for you. security tightening in russia following two bombings in volgograd just weeks before the winter games. israel preparing to release palestinian prisoners. how one woman is reacting. policing the favelas. ahead of the world cup. >>> the white house and the u.s. olympic committee now expressing concerns over those two deadly bombings in two

that's why, at barclays, our ambition is to always realize yours. >> welcome back to fast money. check out what's happening with shares of red hat, the enterprise cloud computing company reporting earnings and sales that both beat analyst estimates. they also came out with their outlook for the current quarter sales. so overall the shares up about 11% in the aftermark. >> thank you very much. you know on fast money we love to play games. we're here at the mall. we should play a little game called great gift, great stock. we hit the crowds here. hi, jonathan. and you went to sketchers. what did you buy? >> i bought some sneakers for my daughter. this is what she wanted for christmas. >> they're very cute. twinkle toes sketchers. yeah. let's show the people. very adorable. >> they light up as well. >> they light up, too? guy, i know you like sneakers that light up. do you like sketchers, skx? >> thanks to josh brown. he got me a great pair of kicks that don't light up. sketchers was down today a couple percent. i think it could probably get up to 36 or 37. it's not ridiculously pri

that's why, at barclays, our ambition is to always realize yours. >>> here is what i think is so hypocritical. they all say they're for difference, intolerance, unless you disagree with them. >> we ought to respect people who believe that, but his language was crude and offensive. >> bobby jindal joining the discussion on phil roberterson from "duck dynasty." i'm calling an audible. charles, he even invoked that he is a "new york times" best selling author, and he wants the floor for 30 seconds. >> i can't believe you did that. >> the clock is ticking. i'll be concise. i think on the issue of the nsa, the corralling decision was given because technology was changed. >> 79 is that if you have a phone you don't have any privacy. >> our response to 9/11, a decade ago, we may not be applicable to what is happening today. the decision should be a moving decision that will change overtime and it ought to come out of congress. >> very well said, sir. >> i think it was worth the interruption. i know you do. george, "duck dynasty" i'm sure you never thought at this point in your career you would be ta

ubs and barclays aborted more than -- avoided fines by blowing the whistle on benchmarks.anks are said to be volunteering information on fx markets. china's money market rates surged as fund injections by the central bank failed to alleviate the worst cash crunch since june. the seven-day purchase rates rose by 100 basis points to a six-month high. gauge of liquidity in the financial system. european union has lost its top credit rating from standard & poor's. it citedgs agency says its worst financial profile for the downgrade. s&p cut its long term rating to aa plus run the coveted aaa. for more on that story, let's had to a between. he is live from berlin. -- how muchs the eu do we actually care about this? >> i think we care about this because i think the timing of the downgrade coming from s&p is absolutely impeccable. what is happening at the moment, they eu leaders are meeting in brussels. this is an absolute message to eu leaders the way i am looking at it. two reasons for the downgrade -- one is the overall credit rating of the 28 eu member nations has declined. l

that's why, at barclays, our ambition is to always realize yours. open to innovation.ds. that's why n york has a new plan -- dozens of tax free zones all across the state. move here, expand here, or start a new business here and pay no taxes for ten years... we're new york. if there's something that creates more jobs, and ows more businesses... we're open to it. start a tax-free business at startup-ny.com. tracy: breaking news at 21 minutes past the hour. i'm arthel neville. the fbi foiling a terrorist plot to bomb an airport in wichita, kansas. the feds apprehending one individual, a 58-year-old aviation technician named terry lee mullen. this morn it happened under a joint undercover operation. mullen is charged with attempting to use a weapon of mass destruction. authorities say the public was never in danger. we'll keep you posted. >>> the white house deciding today to allow a single military official to continue to oversee both the nsa and the military's cyber command. the administration had considered splitting the posts amid controversy surrounding the governmen

that's why, at barclays, our ambition is to always realize yours.barclays, and our networks are getting crowded. t if congress, the fcc, and the administration free up... more licensed wireless spectrum, we can empower more... people to novate, create new technoloes and jobs... and strengthen the economy. amera is the world's leader in reless. free up linsed spectrum today, so wireless... let's keep it that way. can do more foameric tomorrow. >> i'm cheryl casone with your fox business brief. small business borrowing rose in october to a six-year high. the thomson reuters small business lending index which measures the volume of loans to small companies jumped to 120.4 in october. that's a 10% increase over september. >>> u.s. home prices increased slightly in october. real estate provider corelogic said prices rose .2 of a percent over september but prices are up 12.5% year-over-year. corelogic pending home price index for november indicates prices are expected to remain at the same level as october. >>> new york's madison square garden is launchin

at the barclays in brooklyn for the first time. >> fans can buy tickets and come.f all the acts can celebrate with the favorite acts. >> go through some of the acts. anyone in particular surprise you this year? >> for all the nominees everyone has a case to be deserved. everyone is so passionate about their artists. they're angry when they don't get it. they're happy when they do. there is no right or wrong answers. we're happy with the class because it shows diversity of rock and roll. lori: everybody from peter gabriel was inducted as part of genesis a couple years ago. >> right. lori: 2009. hall and oates, kiss. played rock and roll all night. nirvana this was first year of eligibility for nirvana and they were voted in. what does it say about the caliber of that group? >> there is 25 year gestation period before a artist to be elgible. for nirvana get anyone at first ballot shows what that artist meant for the world of music and fans and industry in again. lori: linda rondstadt who has had a very tough year. >> right. lori: and a book out. she has parkinson's d

outside the barclays center, second quarter, joaquim noah, bulls down two. augustine for three. close the third on this 23-6 run. that's called cleaning up the glass. thunder and knicks. russell westbrook still trying to get on santa's good list. he is sweeping up popcorn. that's very nice. second quarter, westbrook drives. this is nice, too. westbrook with the rebound. takes it himself. that's hard to defend. next thunder trip down, westrook nails the three. thunder win 123-94. heat and lakers. lebron james has new christmas shoes. they're very green. first quarter, dwyane wade. second quarter, wade off the glass to james. and then part three of the trilogy. wade to james for the easy dunk. heat when 101-95. miami is now 5-0 versus the lakers on christmas. college hoops, st. mary's taking on george mason. trying to avoid their third straight loss. second half, carter hits the three. and up by eight. under three to go. patriots down one. bri brian alan hits the floor. george mason has the lead. the next possession, patrick holiday. jorm mason wins 65-63. they capture seventh pol

that's why, at barclays, our ambition is to always realize yours. >> turns out the real controversy toom yesterday's service for mandela involves the man doing the sign language. >> finally, mandela understood the ties that bind the human spirit. >> he was there even when president obama spoke. today, outrage from deaf and hearing impaired south africans who say the so-called interpreter was a complete fraud. >> i couldn't bear to watch what he would create out of it. and so -- it's, zero percent accuracy. >> of the only legitimate sign sheep saw ironically was for the word help. on south african television, which uses its own interpreter for the deaf, the difference was apparent. angry viewers pounced on twitter. please get rid of this clown interpreter. he is making of the signs. have no idea how he got the job. the man at the center of it all, is not talking tonight. but he has been used as an interpreter before, including last year, the south african president, jacob zuma. professional whose have reviewed his work insist he is not communicating any known sign language. the governme

that's why, at barclays, our ambition is to always realize yours.f hey breathing's hard.me, know the feeling? copd includes emphysema and chronic bronchitis. spiriva is a once-daily inhaled copd maintenance treatment that helps open my obstructed airways for a full 24 hours. spiriva helps me breathe easier. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing urine. other side effects include dry mouth and constipation. nothing can reverse copd. spiriva helps me breathe better. does breathing with copd weigh you down? don't wait to ask your doctor about spiriva. . >>> i think the statement about keeping your plan was one that was -- it

essentially flat for most places except for places like barclays in the downsizing of. there will be -- particularly major cutbacks and a bonus reductions. the other thing is layoffs. the impression i get is the firms are right, the banks are right size to except in this one area which is where they're talking about more cuts. liz: earlier reporting that something like 11 different commodities will and lower for the year. the cycle is over. this is more cme and nymex seat or some of those. >> yyu know, the jury to go in and out. the trades go in and out. that may be rotating out. i don't think -- that does that have -- liz: convertible bonds. mortgage-backed securities, things like that. it seems like there is still a market. >> it came back somewhat. as you know, they are making money and also securitized still corporate bond. but here is the thing. the rising interest-rate environment. it is hard. listen. it is hard to gain these markets. you know what i am saying? sometimes a start to go up. high-yield bond. when the markets are up sometimes that is reflected in junk

that's why, at barclays, our ambition is to always realize yours. [ male announcer ] if we could seenergy... what would we see? ♪ the billions of gallons of fuel that get us to work. ♪ we'd see all the electricity flowing through the devices that connect us and teach us. ♪ we'd see thatlmost 100% of medical plastics are made from oil and natural gas. ♪ anan industry that supports almost 10 million americanobs. life takes energy. and no one applies more technology to produce american energy and refine it more efficiently than exxonmobil. because using energy responsibly has never been more important. energy lives here. ♪ >>> obama care navigators are breaking the law and a new report shows that many of them are telling to commit fraud. lying to get better credit and subid sidies. that is a fraud and illegal. congressman doughy joins us. >> good evening, how are you? >> very well. is this one of the suspicionsna navigators are telling people how to commit a crime? >> it is more than a suspicion. one is loy about your finances and preexisting habit of smoking that impact your premium an

cardinals meeting michigan at the barclay center in brooklyn. stanford trailed by 4.change of free-throws it was michigan still by 2. glenn robinson iii make it's a 4- point game, but the cardinal quickly hustles up the floor to the hoop. he will go for 18 on the night and made the free-throw and it was 66-65 with 9 seconds left. the wolverine made two free- throws and this was stanford's last chance. michigan wins and stanford now 8-3. >>> two of the all-time programs in women's college basketball, meeting tote at stanford's maple pavilion. the rose bowl-bound stanford football team helping with the atmosphere as the cardinals met tennessee. when you think stanford in recent years the name ogwumike has been front and center. chiney ogwumike puts back a miss by thompson. late in the game, stanford hands the volunteers their third loss of the season, after the stanford win. >> the sharks were struggling for momentum as well as they came into their game can dallas, losers in six of their last eight. yes, the holiday spirit affects hockey fans as well. sharks trailed 2-0

that's why, at barclays, our ambition is to always realize yours. >>> what a day it was yesterday forres of herbalife, the h company announcing the completion of audits for its last three years, no change. it sent the stock rallying. the fight over herbalife has been a big one for icahn. yesterday icahn sounded vindicated by this. take a listen. >> i never really doubted that this was a viable company. i guess i was one of the few that read the report a year ago. they made so much of it. when you read the report, if you bothered to read it, i think it was nonsense then and i think all these criticisms are pretty much nonsense to begin with. >> we sat at the desk where the shares were halted long ago where the concerns about the auditors again. >> it had nothing to do with herbalife's business. it was the completely unrelated insider trading case. >> the title of d.a. davidson's report this morning is "all i want for christmas is a clean audit ". >> it's all about potential buyback now. there had been an expectation by many you would get a clean audit. that's why a lot of funds owned t

that's why, at barclays, our ambition is to always realize yours. (voseeker of the sublime.ro.runway ridiculousness... from fashion that flies off the shelves. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. (natalie) ooooh, i like your style. (vo) so do we, business pro. so do we. go national. go like a pro. >> time for tonight's life lesson. sometimes the worst thing that can happen to you is actually the best thing that can happen to you. peter o'tool was fired from his job as a reporter for the yorkshire evening post. his editor told him to try something else, saying be an actor, do anything. and so with nothing to lose he became an actor and went on to deliver some of the most mesmerizing and memorable performances in the recorded history of acting. he was nominated for an oscar eight times and lost every time. in 1972 he lost to brando. o'tool had brando to thank for turning down a role ten years earlier that got o'tool his first oscar nomination a