and barney the other day did it well.f you look at what the consumer protection bureau has done, what the oversight board has done, if you even look what the banking regulators have done a lot of very positive things. >> no more bad subprime rules. volcker rule, risk retention, two areas where the inner agency stuff is different because you have market regulators and banking regulators. and a lot of them market regulators don't have people out actually examining institutions. so it doesn't line up as well as it should. >> chris wanted to try and rationalize it. si did too in principles. we have a lot. but here's the problem. the regulators serve a representative function. now there is no way in the world if you started from scratch you would have a separate securities and exchange commission and commodities trade, we have these two commissions that share derivatives. but one grew out of the financial industry. the other grew out of the agriculture industry. you will have shades of rebellion if you try to merge the two. an

. >> host: barney isn't a lot of these photographs. >> guest: yes. the president called barney the son he never had. as you can see, they really enjoyed each other. the president would play with him even during the day in the oval office, and barney literally had an all access pass to the white house. he could go anywhere. >> host: i wanted to ask about this because the president is in the south lawn of the white house, and you can look straight out. can people see him what is on the jogging path? >> guest: the white house is pretty unique because of the way it is laid out. and typically when the president was walking through the south lawn it was almost like he was alone, completely alone but there's thousands of tourists outside. it's really an incredible place how it is laid out. >> host: here's another visit. >> guest: ms. beasley was more affectionate, and she really enjoyed heading, the president would play with her a lot. these moments, types of light moments happened literally in just seconds and then it's back to the seriousness of the day o

barney is back here with a former all powerful chairman.the financial services committee is saying at the big investment conference in vegas today. and cashing in those miles. those seats look so comfortable, don't they? see how difficult it's getting. they are making it much more difficult to redeem the miles that you have earned. first let's go to sue. >> good to see you. the nasdaq hit a new 12.5 year high. the douw and s&p remain near their all time highs. we look for a pull back of 8-10% to develop. >> the market was actually experiencing a mild afternoon lev tags as we speak. there is that sense around. would not trade to the july fourth day. >> when was the last time we had 10%. 2011. >> i don't know. five year lows and jobless claims. i mean, doesn't that give you a little bit of cause for some cheer at this point. maybe the jobs situation is inproving. >> i think what people are looking at is you have been up 56 out of 88 days. to have that kind of winning streak in a year is almost unprecedented. >> so to the individual investor w

. >> host: barney's in a lot of these photos. >> guest: yes. miss barney.the president called barney the son he never had. and as you can see, they really enjoyed each other. the president would play with him even during the day in the oval office, and barney literally had the all access pass to the white house. he could go anywhere. >> host: well, eric draper, i wanted to ask about this photo, because the president's on the south lawn of the white house, and you can look straight out. can people see him here where he is on the jogging path? >> guest: you know, the white house is so unique because of the way it's laid out. and typically when the president would walk onto the south lawn, you couldn't see anyone. it was almost like he was alone. like completely alone. but, obviously, thousands of tourists outside. so it's a really interesting place in how it's laid out. >> host: and here's another visit, i think this is ms. beasley in this picture. >> guest: right, right. miss beasley was more affectionate, and she really enjoyed petting, you know, the presid

for security reasons they are told only that the dog's name is barney.ine. >> i thought, this is interesting. i'm just going to cut this into a video and just show my friends. that i was out fishing and a dog swam up to me. >> earlier that same day while o'connor is out fishing, semiretired emergency physician wellington chen gets a visit from police. >> obviously when the police are at your door you wonder if you did something wrong. >> he is told the gut wrenching news that his wife of 26 years, the mother to their three children, 53-year-old donna was hit and killed by a drunk driver. >> some friends of ours had witnessed the accident and said that she had been walking or running the dog and obviously we knew that he was missing. at that point we assumed he was hit by the car as well. >> it's undetermined if the injuries come from the drunk driver and why he is found more than three miles away from the scene of the crime and a half mile into the ocean. later that evening, authorities reunite a battered and bruised barney with the chens. >> a sarasota

we will talk with former colleague barney frank when he joins us live, next on "now." ...so you say menre superior drivers? yeah? then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. silence. are you in good hands? next minute i'm in the back of an ambulance having a heart attack. i was in shape, fit. i did not see it coming. i take bayer aspirin. [ male announcer ] so be sure to talk to your doctor before you begin an aspirin regimen. see your doctor and get checked out. before you begin an aspirin regimen. what that's great. it won't take long, will it? nah. okay. this, won't take long will it? no, not at all. how many of these can we do on our budget? more than you think. didn't take very long, did it? summer is here, so are the savings. that's nice. post it. already did. more saving. more doing. that's the power of the home depot. get 1 cubic foot bags of miracle-gro garden soil, >>> as the country approaches the three-year anniversary of dodd/frank, many of the laws designed to ensure a safer financi

and barney frank know each other for a long time.inviting small banks to participate in the process. fein picks it up. thanks him. they start back channel. ends up in frank's office. frank said i need you. cam, let's make a deal. they make a deal. fein will keep it neutral on the consumer protection agency. and frank will embrace an amendment to change the formula for fdic payments. change it in a way that saves the community banks $1.5 billion. >> so a billion and a half of money paid for the fdic shifts from small banks to big banks in return for neutrality. >> which is huge for barney. >> they stayed neutral. >> what do you think about that? is that good? is that the way we should be making law in america? >> there's a lot that's not good about the way we make laws in america. this is democracy. we make trades, compromises and pull it together. this is not new. it has been going on for years. >> he didn't tell us about that. >> look, cam did well by his people. he did what he was supposed to do. bob, let me cut to what i think is

their father, barney fowler said he will believe his son is innocent until he sees otherwise. >>> they explained it on the road he is suspected of killing his wife and two young daughters. u.s. marshals have now jointed the hunt. he shot and killed their shaster family home one week ago today. >>> there will be a state hearing as well as a federal investigation other the new state drills. at issue is whether whether caltrans should fix the bolts. at issue the one in palo alto has large cracks and is missing chunks of concrete. much of our infrastructure, they are singling out bridges or prepare -- repairmen. >> it means it is going to need some work of some kind. >> right now there is a multi- billion dollar shortfall for male. since the economy is getting better, some old. >> economy may be coming soon. >>> we will address a sliding home. they are sinking into the ground. so far 8 homes are unlivable and 5 more are on cautionary status. a 5th more is under a watch. >>> >>> they found two burst pipes on which the homes sit and they will consider recommendations on how to upon they went

. >> barney frank has taken a hike. >> that is worth talking about. you see in this congress michele bachmann and michele bachmann one of these -- wannabe's. there are fights about redistricting. >> use of the one strength the president obama, his rhetorical skill, is not sufficient. >> it has not been used at the scale necessary in this time of crisis. america is in a crossroads. this is a moment comparable to coming out of the great depression. this was a moment coming out of the financial crisis when tectonic shifts are under way in this country. hope is not a policy. policy is a wonky word. hope needs a story, a narrative. here is what is going on in this country. president obama now is speaking more forcefully about what he wants to do it and against smoking out those who are obstructing. this is really wonky. anyway, i think one of the most exciting things are the movements of our times. i closed this book out before occupy. i wrote about wisconsin. our correspondent was there for 57 days. that was about occupying the state house. occupy has bec

if you know, all the characters with senator dodd, barney frank, the legislators, it is interesting to get that perspective with the staffers and then there is a book i have just ordered on james burns who was the legendary south carolina actually a political reporter said you will love this book and he very nearly was vice president instead of truman in 1944 and continue to play an extraordinary role in politics one of the architects of his success and interestingly enough just popped up a working with harry hopkins with the nomination of fdr which was sneaked political work. i like to read about the process and steady history and i would read our policy unless history by learn better with history. >> there is no word negative processed food industry hates more than the word addiction i tried to use it sparingly because they rather convincingly argue there are some differences between food cravings and narcotics cravings with the threshold however when they talk about the allure of their foods they use words like craveable snackable. >> that is why i wrote it and they have decided the

. >> i booked barn f eed barney w.en i was on gossip sites and people were leaving really mean comments. >> reporter: she strugglinged with her weight, but under the harsh hollywood light, the pressure to be thin took its toll. >> when i was growing up, i had no one to look up to in the spotlight that was a regular sized girl. this was the time when socialites were very, very thin and were going to clubs. and that's what i had on my wall. pictures of these girls that were, like, so tiny. >> but i have a 10-year-old girl who looks in the mirror and says i'm not skinny, i want to be skinny. >> i said that when i was, like, 4 years old. and there's something wrong with that. >> reporter: denny became be bulimic and started self-mutilating her wrists. at a low point, she entered rehab in 2010. >> i knew that i was in trouble and i knew i couldn't do it on my own. the difference is now, when i don't want to eat or throw up after a meal, i tell somebody. and it instantly takes away the power of what that has on me if i were

barney frank talk about michele bachmann. he also called out newt gingrich and said he held him responsible for the demonization of opponents that has contributed to the atmosphere we live in today. i do think he came into the house. he slashed all of the caucasus and civility. we are seeing this. this is a man who a few days ago talked about education reform in the context of firing the janitors in schools and putting the kids to work. a lot of the media called that unconventional. [laughter] let's repeal child labor laws that we fought hard for in this country. bring in dickens to chronicle it. i do think there is the cruelty amidst the reality show debates we have been subjected to. who is running this, entertainment or news? there is a cruelty when people cheer that someone dies without health care or bbo a soldier that dies in iraq. >> i am joking about herman cain. he is a guy who cannot hide the truth well. that makes me more comfortable with the idea that i know who he is about so i can make a decision. >> are you tal

---en declaraciones hechas a la prensa asociada, "barney fowler", cree que su hijo es inocente y quea de lo contrario hasta que se muestren pruebas convincentes de que es el homicida... cesar ---se obtuvieron mas pistas sobre el asesinato perpetrado cerca de la universidad de berkeley. take vo ---las autoridades informaron que creen que "alberto santana-silva" fue baleado cuando intentaba interceder en una discusion entre varias personas en el bulevar "grizzly peak" la maÑana del domingo. --luego del altercado, el pistolero se alejo, pero regreso momentos despues y disparo contra el joven de 21 aÑos matandolo en el acto. ---el sospechoso continua profugo. pitch - cesar ---mas de dos dias de desaparecido llevaba un joven guatemalteco de san rafael. ---sus familiares y amigos, hasta la maÑana de hoy seguian buscandolo y haciendo esfuerzos por encontrarlo. ---pero esta tarde su cuerpo sin vida fue hallado en la bahia. ---pilar niÑo hablo con sus familiares antes de que se enteraran de este tragico desenlace. take pkg 0:01 0:16 0:37 0:54 1:13 pkg marvin vicente vicente tenia 21 anos de e

. >> thanks to two very talented chairmen, barney frank and chris dodd. they really knew how to make the system hum and they did it. but it was upsetting to me as a citizen to realize how few members understood the issues they were dealing with. these are of course extremely complicated financial matters. how banks work, how they're regulated, so on. not everybody can know this but at the end i concluded that you could fit the number of ex-pers in congress on financial issues easily on to the roster of a major league baseball team. that's 25 people. i think that is the max. >> woodruff: is what you write abut in the book abut the passage of the dodd frank law typical of the way congress works or was this unusual? >> it's unusual in recent times because it was a success. most of the time now we don't get anything. we get dead locked. but i think... my hope is that this is a real window on the culture of the congress. which shows lots of things about if it will remain relevant regardless of what the bill is. >> woodruff: what is it? clearly so much of the b

---en declaraciones hechas a la prensa asociada, "barney fowler", cree que su hijo es inocente y queontrario hasta que se muestren pruebas convincentes de que es el homicida... blanca ---representantes del comite de transporte del senado estatal citaron a funcionarios de caltrans para que informen sobre los constantes fallos que han experimentado varios pernos colocados en el bay bridge. take vo ---al menos 32 de estos tornillos se han fracturado y la resistencia de otros tantos, esta siendo analizada. ---funcionarios federales tambien estan analizando el proyecto de reconstrucci on del puente. ---una inspeccion fisica al puente se efectuara al finalizar el mes. topvo cesar ---los organizadore s de la competencia "america's cup" sostuvieron hoy una reunion para determinar si deben cambiar los procedimiento s y el equipo que sera utilizado durante las regatas a realizarse durante el verano, o incluso, si la competencia se realizara o no. ---la reunion fue de caracter extraordinari o por la muerte del velerista "andrew simpson" que murio la semana pasada mientras practicaba con el equi

i remember barney frank on television every day. everybody should own a home!'s make it easier for everybody to own a home! there's tons of tape, from him and all his colleagues, that they were pushing the whole idea that home ownership, this was the american dream and everybody should have access to it. >> so the question here, when you asked me to be on this show wasn't to talk about barney frank, it was about jpmorgan and should jamie dimon, should the board be split? yes, there should be more accountability. should people vote against keeping the same folks on the risk committee that sort of went along with all these bad deals? yes, we should vote against them. and i don't quite understand -- i guess i would like you to explain to me how you turn a rich guy running a giant bank, who's made so many mistakes, who's been fined so much, how there's so much litigation, how you turn him into a victim. >> no one's turning him into a victim. people are just asking whether they should split the roles. and if you ask me, you've got a bank that's reported 12 quarters

his nine-year-old sister to death and, in fact, this weekend deputies arrested that brother, but barney fowler, the father of both kids says he believes his son is insent until proven guilty and he wants to see the evidence. >> all the hugs were getting to him. he felt like he wanted to curl up and cry. >> the suspect's older brother 19-year-old justin fowler says the family has been in a fog since his younger brother's arrest. >>> we've been telling you about all the police cutbacks around the bay area for awhile now so these days this is what it takes to catch a thief. neighbors teaming up and doing what the police won't do or can't do these days. do it yourself crime fighting. kpix 5's kristin ayers takes us to the neighborhood where people have to fend for themselves. >> ever since this has happened i haven't had no good sleep. >> willie robertson did not warrant to show us his face but he did want to tell us about the man who's been on a burglary spree in his neighborhood for weeks. >> the next thing i know here comes this guy walking down the street done stole some. >> in a city o

be here just as we are and of course i'm not on my cell phone with our very own martin and martin barney spoke about. this being the jewel of st peter's bank is that once you got from the bus a couple of days that we've been without i would say that many people before it was unveiled many can time chorus many upset people they thought it was the golden potato but i was over the rumor we're going to was going around that this would be possible fadia it was on the budget people were stressed with the technics and all the elaborate stating what it said cause the critics of being silence the audience has lost i tonight i'll just gulps much of this there is a pulse i went by saying before i was just a father gets a sensation of alternate routes and to me that seemed well but that's for you here an article about when he gets discussed america's massive defense spending and who profits from it i'll be back with the news team for you in about thirty five minutes was their. mission free cretaceous free in-store charge free. range month free. three stooges free. download free broadcast quality vid

the dodd frank i spoke with to experts mark levine the former legislative counsel to representative barney frank and he's now the current host of the inside scoop as well as mark calabria who's the director of financial regulation studies at the cato institute. on the the force. because i think that some of the fundamental assumptions are do you think too big to fail is an economic issue or you think it's a political issue and quite frankly i don't think getting one company is so big and of course it's also important to remind the option is not necessarily fail we all probably flown on a bankrupt airline there are ways to take these things in bankruptcy continue to keep them going turn debt holders in the creditor to debt holders in equity holders and keep these institutions going rather than a false choice of bail out or liquidate so my point is that i think too big to fail is fundamentally the perception by the marketplace on whether you will be assisted by the government so it's a question of whether government officials will step in and protect pitot primarily creditors if that is the

. >> barney fowler, the biological father of laila and the 12-year-old told the ap he believes his son is innocent until evidence proves otherwise. the sibling's step grandmother told abc 7 news quote, he loved his sister, we can't see him doing anything like this. this valley springs student says the whole fowler family, including the 12-year-old came to school friday to say goodbye one day before the boy was arrested. >> he seemed nice. and funny. and i hugged him on friday. >> i believe this little boy can be rehabilitated. i always have felt that way. just knowing he needs a lot of help. >> the family is expected to make a public statement tomorrow afternoon. we're told that this boy is con -- if this boy is convicted for murder he can only stay in custody until age 23. in valley springs abc 7 news. >> still ahead tonight in oakland home is riddle bid gunfire, here is the question tonight. should lawmakers give oakland authorities to do what no other city has to stop gun violence? >> new details tonight on a $30 million corporate campaign to bring super bowl 50 to the 49ers stadium

. >> barney fowler, the biological father of laila and the 12-year-old told the ap he believes his son is innocent until evidence proves otherwise. the sibling's step grandmother told abc 7 news quote, he loved his sister, we can't see him doing anything like this. this valley springs student says the whole fowler family, including the 12-year-old came to school friday to say goodbye one day before the boy was arrested. >> he seemed nice. and funny. and i hugged him on friday. >> i believe this little boy can be rehabilitated. i always have felt that way. just knowing he needs a lot of help. >> the family is expected to make a public statement tomorrow afternoon. we're told that this boy is con -- if this boy is convicted for murder he can only stay in custody until age 23. in valley springs abc 7 news. >> still ahead tonight in oakland home is riddle bid gunfire, here is the question tonight. should lawmakers give oakland authorities to do what no other city has to stop gun violence? >> new details tonight on a $30 million corporate campaign to bring super bowl 50 to the 49ers stadium

. >> if you pass the barney, you'll do the carney. >> i want to point out, this is the exact thing called 1/2 foot banana selling for $125 on amazon. >> really? >> as of this taping, only two left in stock. so get over there. >> i thought you could get them straight from the source. >> you still keep in touch? >> probably not after tonight. >> always walk down by the peer and knock on the camper door? >> i go to coney island a lot. tsarnaev family got $100,000 in benefits. we need to put the word allegedly in there. baker, you said you don't need this info to hate them more, this is the system we created, which i agree with. the good news is massachusetts executive office of health and human services say the benefits ended in 2012, when the family stopped meeting income eligibility limits. so when he was allegedly setting off bombs killing people, we weren't paying them. >> it's a story about federal aid and benefits and a program that runs amuck and opposed to it's some other reason to hate these two. and we don't want to disappear down a rabbit hole when talking about the boston attack.

melissa: let's get him and i do note barney frank.ebert said the elementary school has adopted the all budgetary and menu like beans and tofu for kids. i have a secure old a.m. there is no way he would eat the tofu wraps. >> i remember the mystery meat. melissa: maybe it was tofu. >> you have to be careful because if you don't get enough protein you get sick who would stress the school lunch program that has the mystery meat to serve the right kind of vegetarian stuff? >> the principal calls it a healthy food trail blazing since when is that trail blazing? melissa: the menu looks delicious roasted potatoes. >> no chicken figures? >> my kids would happily starve to death rather than eat that stuff then they would be vicious to their teache. [laughter] >> what we love as adults. melissa:pace that? melissa: here is an interesting way to get a raise coming get a tattoo offering at n.m. 15 percent pay raise of the company's logo. it pays for the tattoo and has no restriction on the size or the location. is the rays were set? >> you have an

barney fowler said yesterday that his family is standing by the boy until they have the proper evidence to show it is my son. 8 year-old leila fowler was stabbed to death more than two weeks ago as by their calaveras county home. a classmates older brother says however, he has been in fair share of trouble. >> leila older brother was arrested a day after he went to his school to tell his classmates she was moving to a different school. the fowler family as cantilenas conference was scheduled for today. >> the federal government will now weigh in on plans to fix those that bolts the to span of the bay bridge. >> last week, managers overseeing the construction of the news been announced that as a federal highway administration to review its plans to recaretrofit b crackolts . >> now the federal highway administration has agreed to see if the plan selected as the best and safest. >> the administration was also view the committee's findings and recommendations about how many other bolts be replaced and whether that should happen for the news been opened. ultimately the decision as to when t

my conversations with barney frank didn't have anything to do with icba supporting or not supporting dodd frank. it was confined to what kind of deal would we get since there was some kind of consumer agency, what could i do to help our members through that muddle? 2700 wall street lobbyists were doing the same thing on every other session of the bill. so it was a free for all in there. those were two potential years. everybody was doing what they could for the members they represent represented and i did the best i could. >> so you said it had nothing to do -- tell me again at the beginning. because the thrust of the part of the book was that it did have something to do with your bonk. >> we were fighting the change the fdic assessment formula because communities banks were hold ago disproposat share of the premium paid into the fund. >> there was no quid pro quo that you would that you would get for dodd frank if they would have changed the formula? >> there was no quid pro quo for neutrality or not neutrality on what became the dodd-frank act. remember, we're talking september '09

will be an interesting case study when you read a book and you know, the characters senator dodd, barney franken is interesting to get the perspective with the staffers. and there is a book i just ordered legendary in south carolina in the city will love this book and it is a guy who very nearly vice president instead of chairman and continue to play an extraordinary role in politics and became one of the architects of nixon's success and interestingly enough just popped up working with hawkins and in the 1940 nomination with his third term which was a need to political work for barnlike to reroute the process and steady history. i should read more policy but they seem to learn better with history. >> and the party is over. how the republicans went crazy and democrats became useless and the middle-class got shafted. how did they go crazy? >> they got crazy when they became the apocalyptic cult that live in its own mobile and we have seen that with the last election and they simply could not believe the public polls and what they were saying that obama was probably going to win and most o

. >> like you say, if you pass the barney you will defend the carni. that's the thing you say. >> and i want to point out and i am quoting the exact thing it is called giant 5.5 stuffed rasta jamaica selling for $25 on amazon. as of this tape thrg are two left in stock -- there are only two left in stock. get over there. >> i thought you could get them straight from the source. >> i can't. >> the rasta banana. >> i go to my old carni pals. >> do you keep in touch? >> probably not after tonight after i just revealed their secret. >> out by the pier and knock on the camper door. >> i go to coney island a lot. i think we have to put the word allegedly in there. nobody else has connish ifed about the contact amount. just want to throw that out there. baker, you said you don't need this and this is a system we created. the good news is the office of health and human services says tamerlan tsarnaev's benefits ended in 2012 when his family stopped meeting income eligibility efforts. when he was allegedly setting off bombs and killing people we weren't paying

the father barney fowler told the associated press he will believe his son is innocent until he sees evidence proving other wise. meanwhile students at toion middle school returned to class today with mixed emotions. >> she seemed nice and fun -- he seemed nice and funny when i hugged him on friday. >> he always had issues. he was always one of the kids that would be in trouble. >> reporter: the school superintendent says that the schools have counselors to address worries. >>> a candlelight vigil was held tonight as part of national police week. this year 321 names are being added to the law enforcement officers memorial. >> having people that i personally knew on the wall is extremely difficult. it was just part of the reason why it's so important for me personally to come out here every year. >> one name added to the memorial is that of kenyan youngstrom. the other california officer added was robert paris jr. he was a sheriff deputy in stanislaus county. >>> sailing practice for the america's cup remains suspended after the swedish boat capsized killing an english sailor. investi

and when you're reading a brook where you know -- book where you know all the characters, barney frank and senator dodd ask some of the legislators, it's interesting to get that perspective and some of the staffers. and then there's a book that i've just ordered on james burns who was, you know, a legendary south carolina politic. actually, jonathan martin, a politico reporter, put this on my radar. this is a guy who very nearly was, you know, vice president instead of truman in '44 and continued to play an extraordinary role in politics and became one of the architects of nixon's success in the south in '68 and '72. and he's actually, interestingly enough, just popped up working with harry hopkins on the 1940 in this book that i'm reading on the 1940 nomination of fdr, the third term, which was a pretty neat political work. so, you know, look, i like to read about the process, and i like to study history, and i ought to read more policy and less history, but i just seem to learn better in history. >> the title, "saving justice," comes from bob's decision not to resign after the saturd

the father barney fowler told the associated press he will believe his son is innocent until he seesdence proving other wise. meanwhile students at toion middle school returned to class today with mixed emotions. >> she seemed nice and fun -- he seemed nice and funny when i hugged him on friday. >> he always had issues. he was always one of the kids that would be in trouble. >> reporter: the school superintendent says that the schools have counselors to address worries. >>> a candlelight vigil was held tonight as part of national police week. this year 321 names are being added to the law enforcement officers memorial. >> having people that i personally knew on the wall is extremely difficult. it was just part of the reason why it's so important for me personally to come out here every year. >> one name added to the memorial is that of kenyan youngstrom. the other california officer added was robert paris jr. he was a sheriff deputy in stanislaus county. >>> sailing practice for the america's cup remains suspended after the swedish boat capsized killing an english sailor. investigato

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>> they were bought by smith barney, and they emerged. of the crucial areas of the modern times to repeal that to allow investment banks and trading houses to be part of a commercial bank, deposit insurance, and all of the moral hazard. a terrible error. it eventually ended. but it was the original big time trading house that came out of the era of easy money and floating currencies around the inld that nixon initiated 1971 at camp david. that is another part of the story. >> you went to work for blackstones. >> yes. >> what is that? >> is the biggest private equity house. i was in the leveraged-buyout business from 1988 until 2005, so i was caught up in the bubble like everyone else, and as long as greenspan was printing money and making wall street boom and that was there for the taking, a whole business developed of going out, buying companies, stripping out, loading them up with debt, stripping out the cash, paying the interest, eventually reselling them in the public market, to the next guy who thought he could do better, take the ca

i p don't know what goes through stewart barney's head. do know, though, that when we're talking about conservatives and republicans and the far right, we are not necessarily talking about the same thing. there is a group of republicans who consider anybody talking to president obama a traitor. this is the group that did not invite him to the republican cpac conference that was held here earlier this year. there are those who willvil vily anyone having a conversation with him, let alone a handshake. so a man who has chosen to be a larger figure than his other republican counterparts and i don't mean his waistline. i mean in actually trying to make things work in his state. thank you both for your time tonight. >> thank you, reverend. >> happy weekend to both of you. >>> ahead, is the george zimmerman defense team trying this case in the press? the prosecution thinks so. some important questions before critical hearing. [ male announcer ] this is betsy. her long day of pick ups and drop offs begins with arthritis pain... and a choice. take

i think the consolidation, the salomon smith barney marriage enwith them, there's a couple things peopleave missed. it's going to be more of a market multiple business instead of the volatile trading-type revenues they've had historically. secondly, they're going to pull over $50 billion in deposits with the company in the merger. i think people underestimated the profitability of this merger for them. >> you say the stock's cheap? >> i think it's very cheap. people have not figured out what the real earnings estimates are going to be. >> morgan's one of my favorites in the space. i do like that one. i know everybody wants to gr tg towards goldman sachs but i like morgan in the space a little better. >> there are questions about the ability banks to grow their earnings in the current environment we're living in. interest rates, regular gation, everything else. >> one of the things we like are self-help stories right now where the management team can drive the execution for the performance of the stock. in a world where the regulators are squeezing down the capital requirements on every o