the barron's article raised similar questions.this article comes out and causes a stir in the office? >> yeah. a lot of people knew about the barron's article, and people were... re, u know, having side conversations about it. but at the time, you know, he was a... supposedly a very respected person on wall street. >> smith: casey and markopolos hoped the articles would prompt the sec to act. it had been more than a year since markopolos had submitted his memo. >> the sec's going to swoop in. we're all sitting around, calling each other up, and emailing each other, "it's going to happen soon, boy, the sec's on it." nothing happens. >> smith: but over at fairfield greenwich, now headquartered in new york, the articles did get some attention. jeffrey tucker, the senior partner who'd first begun their business with bernie madoff, went over to the lipstick building. he wanted to verify fairfield's holdings, at that point worth around $3 billion. he met with bernie and frank dipascali. according to investigators, madoff showed him reco

yes, the magazine that carta, the declaration of rights of english barrons written in 1215 originally composed as an op ed in rupert murdoch's first paper the york post. (laughter) i mean this document clearly inspired our founding fathers. in fact, the only thing that jefferson read more than the magazine that carta was slave tale. (laughter) as one of the new hampshire's bills authors put it, everything has an origin and this is part of the origin of what we have in our country. this is a little bit older than the constitution but the same thought is there. yes, 572 years is a little bit older than the constitution. but it still applies. remember the magazine that carta was written by angry rich men who believed their ruler was an il legitment usurper. so i hope the candidates will u the mack that carta to appeal to the famously moderate new hampshire republicans. governor romney, independence may question your ties to wall street, so promise to crack down on predatory lending by citing magna carta section 11, if a man dies owing money to jews, his wife may have her dower and pay no

reporter: carol lee barron, a leisure travel consultant for 30 years is an avid cruise ship enthusiast. despite safety concerns in wake of this disaster she says travelers don't seem to be spooked. >> they're concerned. i ink they're rethinking because everybody thinks that can't happen to me. reporter: she sold three cruises tuesday alone. and while these images paint a picture of chaos and confusion, one piece of advice from a seasoned travel expert? take safety steps on your own. >> i say if they're concerned, they should look ahead of time where they should be, on the back of their cabin door there's the location of your station. reporter: this man, the captain of the ship, is being blamed by his employer for deviating from the ship's programmed course to get closer to shore. now he's being held and could be charged with manslaughter and abandoning ship. the ship is carrying about a half million gallons of fuel. there is fear that it could start leaking. also new tonight we're learning more about the two missing americans from minnesota. we do have a photo we'll show you now. it's

barron's, bloomberg news, and i hope it is totally accurate and that people can watch the 27 1/2 minutes of his career at bane and decide for them 168s. >> let me ask you senator santorum, we talk some about the role of government but the presidency is often called the bully pulpit. i wonder as president how you'd use the bully pulpit to try to shape american caught your and value. >> i haven't written a lot of books, i've written one. it was in respns to a book written by hillary christian called "it takes a village." i didn't believe with that. i believe it takes a family. that's what i wrote. i believe there's one thing undermining this country and that's the breakdown of the american family. it's undermining our economy. you see rates of poverty among single parent families. you see moms doing heroic things. but it's harder. it's five times harder in the single parent family. we know there's certain things that work in america. brookings institute came out with a study just a couple of years ago that said if you graduate from high school, if you work, if you're a man, if you marry, i

where you do not need quite as much funding as ever, but some of the people who today are seen as barron's -- barons started off with a pretty defined journalistic crusade in their mind, and most of the time in their own minds, it was progressive. i think that the dollars are more available than ever for people with an agenda, but the ability to spot the quality voices is a little bit harder now that they are so numerous. >> there will always be a market for investigative journalism. i do not know that it is the type of financial journalism that was referred to before, but i think that there will always be people willing to also spend the time to listen to that type of reporting or even to read it online. there is no doubt that investigative journalism will continue to flourish. simply as a longer format journalism. yes, i think that that makes a lot of sense in terms of what the audience wants, and it is probably what is also defined as for aggressive journalism. i think we should probably define our terms. what does that really mean? how is bloomberg doing progress of journalism? we may

mike santoli of "barron's." jon.looking to what may be the biggest test of the republican primary race so far, south carolina. since 1980, no republican candidate has won the nomination without winning that state. we'll ask a reporter on the ground who has got the best chance there. plus, a hit tv show, pushes the envelope. new controversy as a toddler gets ready to drop an f-bomb? fallout and what the supreme court is saying about it, next. dry mouth may start off as an irritant. it'll cause cavities, bad breath. patients will try and deal with it by drinking water. water will work for a few seconds but if you're not drinking it, it's going to get dry again. i recommend biotene. all the biotene products like the oral rinse...the sprays have enzymes in them. the whole formulation just works very well. it leaves the mouth feeling fresh. if i'm happy with the results and my patients are happy with the results, i don't need to look any farther. to discover new plumjones, amazins from sunsweet, the amazing alternative to

harriman, the ed of union pacific railroad and one of the great robber barron of the late 19th and 20th century, those who have seen the classic move visit "butch cassidy and the sundance kid" will remember that name from the movie. avril harriman was a hard-driving businessman who was desperate to get a job in the roosevelt administration, but the president at least initially was not too keen about having him. they had known each other for about 35 years. the harriman estate is, again, six degrees of separation is in the hudson valley not too far from here, and the two families had a lot of social links. but roosevelt didn't think much of harriman's father and he considered harriman basically, again, at that time as basically a dilettante and a playboy. it really was harry hopkins, fdr's closest aide, who persuaded roosevelt to take a chance on harriman, and sent him to london as the administrator of the new lend/lease program there. the third man is someone who unlike murrow and harriman has been almost totally forgotten in this country, but in many ways he was the most important. his

not accidental it was put into motion back in one thousand nine hundred six by a group of robber barrons railroad actual robber barons claiming that the fourteenth amendment which was passed in eight hundred sixty eight to free the slaves also freed the corporations because want to reference the word persons it didn't have the word natural before it which would be humans the supreme court pick this up dozens of times over the years most recently was citizens united but the fact of the matter is that no congress has ever passed a law saying that corporations are people or that money is speech. and the money is speeches that are probably no president has ever pushed for it on the contrary many presidents have condemned it and going all the way back to grover cleveland in eight hundred eighty seven the year after the santa clara county decision in the supreme court where he said that corporations had become the masters of the people and that their iron heel was on our neck in his state of the union address in eight hundred eighty seven as obama mentioned in his state of the union address in

rates they're zero percent to make the stealing that much easier so so facto the robbers the robber barrons least the robber barons from the nineteenth century built stuff like railroads and the no oil industries here the robber charlatan barons of the city of london in the wall street build nothing they're just paper ponzi scheme pyramid building schmucks speaking of schmucks man. i have this headline here blaring corporators baffling increase in earnings so i just said the chief executives their pay was up thirty three percent over a few years well tony blair is up forty percent in the last year accounts for wind rush ventures and obscure company that operates under the trading name the office of tony blair so just two thousand and eleven has been a successful year for the former prime minister when drudge saw its turnover rise to just over twelve million pounds up from eight point five million pounds in two thousand and ten and pretax profits rose from seven hundred twenty nine thousand pounds to one point one million pounds when rush tony blair figured out a way to modify his flatulence

so well barron's and not just american ones just threatened the president of the united states speaking at a conference this week jack gerard the head of the american petroleum institute which is in a just nation's largest lobbying organization for oil and gas corporations told president obama i think it would be a huge mistake on the part of the president out of states to die in the construction of the keystone x.l. pipeline clearly the keystone x.l. pipeline is in the national interest a determination to decide anything lies though that i believe will have huge political consequences do what the oil barons say build the dam pipeline or suffer huge political consequences the sad part is in today's post citizens united world we have to take these threats seriously but before we get to that let's take a look at exactly what the oil baron demands are oil barons are demanding. this is the proposed keystone x.l. pipeline the dotted line is the proposed pipeline there's already a keystone x.l. pipeline in place it's the solid red line and it's carrying oil to refineries in the midwest and in

. >>> warriors signed another center today, journeyman barron to fill kwame broxt not even the red baron would be enough help. stephen curry mission his fifth game because of a sprained ankle. 10-3 warriors, bobcats rookie kemba walker scoring. warriors trailed by 20 at halftime. they chipped away. montmonta ellis for 3. augustin for 3. and then win 112-100 and warriors 0-4 on the road and 3-8 overall as they visit detroit tomorrow. >>> it's still early, but stanford and cal are sitting on top of the pac-12 basketball standings. golden bars 13-0 at home. not tested as camp find the lane to score. gutierrez wasn't really sharp early, but finishes with a team-high 15 as he hits the 3. it's a 30-point lead. call the police. > . stanford fans staid loyal to the basketball team and watched the cardinal clobber colorado. that is owens with the team and slam. randle in the corner gets hits four 3-pointers. cardinal turns it up in the second half. brown gets a kind iron for 3, stanford wins 84-64 and 5-1 the pac 12, and after trouncing gonzaga thursday by 21 points, st. mary's new today's game a

chris barron, his abs have abs. bill schulz, pardon the interest ropings and sitting next to me a first-time guest, bernard. and he is a pain in the neck who spouts nothing but dreck. good to see you. >> the presidential race moves on from iowa, and considering the surprising numbers, you might say rick santorum was mitt romney's caucus blocker if you will. >> nobody would say that. >> everybody would say that. >> after months of listening to candidates, voters have weighed in of the amazingly, many think romney's first name is mittens. it is true. according to a 60 minutes van gnaw knee poll 60% think mitt stands for mittens and his given name is latrell. actually it is willard mitt romney so his middle name is short for mitten. he beat rick santorum by over seven votes. and for the rest of the results, consult the cable news and/or internet for the past 24 hours. what does it mean? well, bachmann like secrist, out. ron paul is strong and yet disappointing third. santorum, left for surging. gingrich -- i mean, will

the ship got to nome this weekend after a month-long journey through the frozen barron sea.s folks in nome are throwing the crew a pizza party. i'm shepard smith. this is the fox report. it's the bottom of the hour, time for the top of the news. even most republics say they do not support mitt romney. they predict he probably will though be the nominee. that's according to a new poll. the former massachusetts governor is also leading his closest rivals by double digits in the survey from "the washington post and abc news. look at the difference since last month when mitt romney was in a dead heat with newt gingrich. and mitt romney has a double digit lead in the real clear politics average of the latest national polls. of course, those surveys were taken before last night's fox news and "wall street journal" debate. did you watch that thing in the candidates and the crowd really got into it at some point, especially when it came to the issue of race in america. james rosen live for us in washington this evening on the top story at the bottom of the hour. hey, james. >> shep,

"barron's," "bloomberg news," and i hope it's totally accurate and that people can watch the 27 1/2 minutess career at bane and decide for themselves. >> let me ask you, senator santorum. we've talked some about the role of government, but the presidency is often called the bully pulpit. i wonder as president how you'd use the bully pulpit to try to shape american caught your and value. >> i haven't written a lot of books. i've written one. it was in response to a book written by hillary christian called "it takes a village." i didn't agree with that. i believe it takes a family. that's what i wrote. i believe there's one thing undermining this country and that's the breakdown of the american family. it's undermining our economy. you see rates of poverty among single-parent families. you see moms doing heroic things, but it's harder. it's five times harder in the single-parent family. we know there's certain things that work in america. brookings institute came out with a study just a couple of years ago that said if you graduate from high school, if you work, if you're a man, if you marry,

has a great deal for you.for just 15 dollars, you can get a 30 dollar gift certificate there.ayauna barronjoins ussthis morning with more...and it looks like she's brought the party with her!--tell me about one of benefits of having a tea party at your location?--do you offer anything otherrthan tea parties at your location? 3&p--please tell viewwrs how to find you? you? to get your half off gift card, log on to hey its half off dot com right now.they are limited, so don't wait. cominn up... she's bringing baltimore style... tooamerican idol. hallie singing on idol last night nightthe iconic singer jennifer lopez said baatimorees own hallie day reminded her of.you're watching fox 45 morning news.. all local.. all morning. [ male announcer ] get ready for some deli-style delic-ious-ity: the subway big hot pastrami melt. take a moment to ponder tender cuts of pastrami, piled sky high atop your favorite freshly baked bread with spicy mustard, pickles and melt-a-licious cheese. okay, enough imagining how this fresh toasted number would tantalize your taste buds -- it's time to actually experie

"barron's," "bloomberg news," and i hope it's totally accurate and that people can watch the 7 27 1/2bane and decide for themselves. >> let me ask you, senator santorum. we talk about the role of government, but the presidency is often called the bully pulpit. i wonder as president how you'd use the bully pulpit to try to shape american caught your and value. >> i haven't written a lot of books, i've written one. it was in response to a book written by hillary christian called "it takes a village." i didn't believe with that. i believe it takes a family. that's what i wrote. i believe there's one thing undermining this country and that's the breakdown of the american family. it's undermining our economy. you see rates of poverty among single parent families. you see moms doing heroic things. but it's harder. it's five times harder in the single-parent family. we know there's certain things that work in america. brookings institute came out with a study just a couple of years ago that said if you graduate from high school, if you work, if you're a man, if you marry, if you're a woman,

. >> isn't barron's saturday delivery?i said the market would go down because allen wouldn't be able to build the wall of worry, every brick of the wall of worry is built for him for 25 years. that's why the market has gone up, he's been negative the whole time. the market might go down without that. that would be bad. >> there's one perspective on that. send us your thoughts. when we come back we have the hunt for yield. our next guest has opportunities on both sides of the pond. a top money manager joins us after this. between listening to the numbers... ...and listening to your instinct duff & phelps finds the sweet spot that powers sound decisions. duff & phelps financial advisory and investment banking services.  you know the good folks have asked yours truly to teach you about treating frequent heartburn. 'cause i know a thing or two about eatin'. if you're one of those folks who gets heartburn and then treats day after day... well that's like checking on your burgers after they're bur

you can't even -- we should show what happened on monday, that's after a barron's story and rumors aboutadn't heard anything but i can bet you the s.e.c. will take a look. "squawk box" is coming back after the break. and all of a sudden, ka-plam. it blindsided us. what is it? our college savings account. how do you think it happened? not sure. i think something we bought a while ago turned out to be something else, annnnnd, i remember a lot of other stuff in there had the word "aggressive" in it. is everyone okay? well, now, yeah. who knows later. ♪ >>> you can feel it. i think we're less than a minute away from personal income and spending data for december, and it is palpable. we hope we get this right. we don't have rick down here. we have scott nations standing by at the kr,cme. we don't want to put a lot of pressure but if you screw this up this will be the last tile. also standing by, steve liesman joins us from philadelphia. have you seen the number already, scott, or is it going to hit -- >> we still got four seconds, joe. >> oh so you could screw it up theoretically. >> it's up

mark barron, dante hightower, barrett jones, trent richardson, courtney upshaw and dre' kirk path rick. this year's team -- dre' kirkpatrick. this win is a unifying victory for the state of alabama who suffered so much during the devastation of the april tornados. this victory shows the resilience spirit of alabamians and reflects our hope for a better future. i speak on behalf of the constituents of the seventh congressional district, the great state of alabama and this nation as i express how proud we are of the players, coaches and athletic staff of the university of alabama for making this victory possible and helping our communities heal. i also want to thank representative cassidy of louisiana for being such a good sport and looking so dapper today in his brand new crimson tide tie and attire. what an addition to your wardrobe. i urge my colleagues to please join me in celebrating the achievements of the university of alabama crimson tide and its outstanding athletes on their 2011 b.c.s. championship victory. roll tide. the speaker pro tempore: the chair recognizes the gentleman