i'm joined by john barron a british member of parliament and the only member of the conservative party to vote against taking military action in libya john thanks for speaking to are saying you know you recently put forward a motion to the house of parliament urging the government to rule out military action in iran you say that move would be counterproductive why is that but i think it would it's not only naive but it's illogical it's naive because the policy of force has clearly failed policy of saber rattling and sanctions has not worked they are yesterday's promises iran is not going to be deterred from pursuing its nuclear program but it's also illogical because we're keeping an option on the table which clearly inflames the situation people know that it's would be a disaster if we pursued that option of force it's not working the iranians have turned their mind against it but at the same time it's an option that actually as i say it inflames the situation and makes peaceful outcome less likely your motion though was almost unanimously rejected as clearly people feel iran may stri

. >> reporter: housing analyst alex barron expects kb homes will show very strong revenue growth when it reports at the end of the week. same with lennar next week. but barron is looking for kb home to report a loss due to hefty interest costs and lennar to exceed expectations. and he predicts investors will increasingly focus on that kind of relative performance in the coming year. >> the companies that are losing money, i think investors are going to think twice about owning those. >> reporter: which companies do well may also depend on how much business they do in the 100 markets where the national association of home builders says the economic foundation is strongest and prices are rising. darren gersh, "nightly business report," washington. >> susie: the world's largest >> susie: the world's largest delivery company is getting bigger. u.p.s. is buying dutch shipping firm t.n.t. express for almost $7 billion. u.p.s. is confident the all-cash bid can overcome any european union regulatory hurdles. it has even agreed to a reverse break-up fee, where u.p.s. would pay t.n.t. roughly $

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... were, you 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

you look back and think about the robber barron era, the industrial revolution in the 1880s and '90s.rnment stepped in and tried to stop the trust from wielding too much power over the consumer and the markets. what is the antidote to the problem that you propose? >> well, there are two levels, right? at the national level we have institutions that can do it if they'd be allowed to do it. the problem is those institutions have been corrupted by money. you have to take money out of the system. but you have a bigger problem, one akin to the one you're talking about with the robber barre barrons on the global stage because there aren't institutions to reign you in. what happened in the robber baron era, national economy was created, they took advantage, and there were no regulatory mechanisms to offset it. now in the global era we have the same thing. a global economy. they're able to take advantage of it. who is there to regulate derivatives? >> on a global scale. >> there is no global authority. >> that's right. >> is private power, though, always bad? say the gates foundation, they ca

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

there is a question mark over the military capability of israel to finish the job of a start up john barron thank you. this respectable british gentleman's choice was. to leave jackets and old whiskey. a much younger wife. and more than twenty years of intelligence service in profits of the soviet union. feel these choices on forty. soon which gricean if you zoom from phones to these. stunts on t.v. don't succumb. to. the . broken news journalists who resigned from al-jazeera accuse station bosses of fabricating reports to broadcast their view rather than show what's really happening in conflict torn syria unconfirmed footage coming out of the country is making it easier for suspend doctors to manipulate the facts for political ends. than the balls american courts as barack obama and david cameron to mull over their afghanistan strategy after the massacre of sixteen people by an american soldier in the country both leaders say they're happy with the progress on the war and despite fury among afghans over recent outrages. china warns of the urgent need to slow down its economic growth and br

there is a question mark over the military capability of israel to finish the job if it started john barron thank you. the limits. it's. just so. just so. safe to say. wealthy british scientists scientists sometimes. market finiteness come to. find out what's really happening to the global economy with mike's cars or there are no holds barred look at the global financial headlines tune in to the report on our cheap. six six. six. britain america's leaders get together to discuss getting out of afghanistan but the basketball court first denies big question to its main ally and it's going to take time and says people now want an end game. from iran brushes off claims by the u.n. nuclear watchdog that it's trying to raise evidence of explosives used to keep the site israel's threats of attack still stand despite loud criticism from its own citizens. the ease of use against overspenders takes effect hungry it's something slashed something he's given to strain for the region's farmers say they're the ones being forced to sell this retake. next week. thank you very much terry welcome back to the

what have they said at the time about the suspicious training well there was a lot of reports in barron's in the wall street show and of the populations which said that insiders of the terror attacks could have profited from those terror attacks by a spec of traits put options call options and such things but then in october november december it went on but then was abruptly over with is reporting to how much had the put option volume increase prior to the attacks and then what shares specifically is sometimes six fold for example related to race. the producer of tomahawk. missiles that were used then in the war on terror but also this call options and then there was also put options banks that were placed in the sea and also reinsurance community and swiss re but also are. these were put options basically where you bet that the stock price will drop yes well in the case of the airline stocks the put options the volume and the prices of paris now they were reflecting blown up their lives before there were any blown up airlines. every my ad may have a time of what we saw happen tomorrow if

. >> this doesn't look anything like the le barron i used to have in the '80s. >> no fake wood on the side or anything like that. >> reporter: closing the gap for japanese and europeans that just a few years ago dominated in design, production standards and performance. >> before we'd say, you know, don't even bother looking at domestics. you know, the cars are uncompetitive, and they're unreliable. now we're seeing many of them being competitive. >> reporter: bankruptcy and bailouts have been good for american car companies, cutting salaries, pensions and health care that used to mean the first $4,000 spent on building each vehicle paid for labor. now more goes into the car itself. >> it did allow them to restructure their companies and really generate more revenue that they can put into product. >> nice materials. nice and solid. everything feels like quality, which in the past you'd be really cheap and chintzy. >> reporter: consumers seem to have noticed too. gm is again the number one selling car in the world. and while eight of "consumer reports" top picks are still japanese, the

if you don't believe me barron's magazine our own able every day forward. two thousand and five it's just a big it's a polarizing this country folks do put that on. the best argument someone has a carlist names three things number one reagan reagan tripled our national debt he took our national debt has been relatively steady from the administration of george washington couple of bombs for a couple of wars but pretty steady right up until reagan and he just shot at through the roof so yeah you give me a three trillion dollars tax credit card i'll show you what it looks like to live large number two you said you went from seven dollars an hour to twenty some odd dollars an hour working for a union. a reagan of course started taking that apart those jobs are gone and then number three is that all this was all caused by the housing thing in two thousand and five no sorry that that law if you're talking about the anti redlining law that basically just banks have to actually consider the credit worthiness of individuals rather than zip codes it had nothing to do

. >> the sign on the building here on east pratt street says barron and company cigars, but they don't make cigars here anymore. where business is roller coasters. not just your kiddie roller coasters, but spectacular roller coasters. roller coasters built and assembled all over the world. >> premiere rides has done a lot of attractions. we have probably built over 25 coasters that we actually designed them, we built them, helped install them. all over the world. >> jim shea runs premiere rides. he came out of the aerospace industry in the 1980's and 1990's and used that knowledge to build roller coasters. >> we used magnetic drive systems. nonmagnetic systems to accelerate nine or 10-ton trains. we are using that type of technology, magnetic braking technology. >> the company's newest project is the tallest in-door rollercoaster in the world to be built in china. and that's about all we can tell you. >> we're building the world's largest in door rollercoaster. designing it, building it, and we'll have a team going over to beijing to help install it. it will be located in one of the wo

and the go proud co-founder chris barron. and his leftist grumbling has leadership tumbling.ooed to see you, pinch. >> today in arts and leisure, melena writes a teen lit to silver screen phenomenon that is "the hunger games." "the hunger game"? i thought that's what the olson twins named their purging days. >> an easy target there. >> you are an easy target. actually you are hard. you are tine thee. a difficult target. >> that was uncalled for. >> i can store you anywhere. >> look at my tongue. >> was his victory in illinois overshadowed by a toy? mitt romney, if that's his real name, won big in the land of polk and moving closer to the republican nomination. and he got more good news when jeb bush endorsed him. the former florida governor released a statement saying, quote, i am endorsing mitt romney for the party's nomination. we probably could have pulled a better quote from that. and then it happened. romney's communications director went on cnn and asked if there was a worry that mitt was forced to move so tar to the right during the primary that would hurt him in the g

fair or happening in central america, because the whole sort of narcotics, drug you know, drawing barronthat are going on in cents rally america are terrorizing women, and there's a new terrifying trend, particularly in guatemala where women are being killed and their heads being cut off and being sent as a warning from people of drug cartel s, it's a terrifying thing, women are just regarded as cattle. they are used to send frightening message s to people who cross the drug cartel s which is terrifying. >> we had hear about the extraordinary stories you see people with real power, the head of the international monetary fund. the leader of the katima party in israel and our secretary of state, has spear headed these issues if you recall from the paging women summit. the whole issue of women's rights. >> it really is powerful. we are having ms. streep doing a honor to the secretary of state. where we will talk about where she is been promoting the lives and rights on of women. it's been the sort of life of hillary in all the countries she goes to, she as, always meeting with delegations o

obama, and senator mccain said under the supreme court decision, all of the new 21st century robber barrons can put tens of millions into the campaign, and it's negative and poison and venom, and we, nbc, "the new york times," "washington post," people in the media, i think we will be tested to say can we present a clear-eyed view of who the candidates are, and not just have this negative atmosphere, i mean, that is -- i have never seen anything like it. during the nixon era, they had slush funds of $700,000, and now the slush fund will be $100 million. my god, what they are going to do. >> if you look at the president's job approval right now, he is hovering around a place he would like to hover, and that's 50% in terms of his job approval. what is your view of how strong or how weak president obama is at this point as you look at this republican field? >> i don't know how strong or weak he is, except the republican field is in such disarray, he has to be very happy. you know, colorado is an interesting state. it's largely conservative, but places like boulder, denver, they are islands --

hold on to your hoodie mark zukerburg, why they're calling them the modern barrons. that's also coming your way. ( there's nothing wo >>> >>> yahoo! is searching for gains today. come score says it trails google and microsoft. it's sixth consecutive monthly decline in market share for yahoo!. when apple ceo tim cook announced the new ipad last week, he talked about a post-pc world. yet today ibm is trading at an all-time high and dell and microsoft surging this year as well. are the reports a bit premature. joining us to evaluate the pcs, senior research analyst at cowan and company. great to have you on the show. todd, sths a case of the pc is not dead yet? >> absolutely not. there's no way it's dead yet, and i think it's a lot of people sort of drinking this apple kool-aid, the post-pc era. they're great at marketing. 92 million pcs were sold last year, and ipad, 15 million of those. when you compare those figures and take away the moniker, you have a different story here. >> when you look at growth numbers, last year was a flattish and a lackluster year for pcs. y

pinstripes, and he is perceived more as the moderate because of the landscape you could argue, the barronness of the landscape around him. >> fareed, you asked exactly the right question, and the big question and the challenge for mitt romney, if he gets the nomination, which he will have done partly by catering to the extremes in his party, is he going to be able to pivot? you know, i think there is ab argument that his weaknesses in the primary, the voters' suspicion that really he is a moderate pretending not to be could be a strength in the general election, but he said so many things now that he will be doing his triple flop. >> say whatever you want, but i also want you to answer my question, which is you -- you have covered this so much. i'm struck by if you add up all the non-romney votes, everywhere they beat him, is that normal? at some point shouldn't he be getting a majority somewhere rather than a mrurality? >> it's becoming normal because the process has changed, and you have a proportional representation. if these were aylwiner take all primaries, you might see a different effe

barron's calling tra trademonster.com number one for the third year in a row. >> thank you. >> the tradea monster event is happening march 30th and 31st in newport beach, california. tough gig. john and pete will be there. don't miss it. >> with anthony by the way. >> i'm not missing that one either. >> b.k., final trades? >> i like mohawk here, mhk. >> dr. j. >> western digital. it's up 30% in the last three months. >> western did. >> tiffany's is an interesting play. i think the stock is going higher. >> anthony. >> back to my old mainstay, which is pfizer. it's short term

in a way, he was born into this, a wealthy family full of barrons and bar onnettes, a fifth cousin of the queen. like harry, he went to even and then oxford. and like the president, hosting him tonight at the white house, he is a smart young family man. cameron and his wife, samantha, have three children, having lost a son. ivan was born with a combination of epilepsy and cerebral palsy that he couldn't survive. and the awful loss three years ago humanized cameron as a politician. >> so this is the staircase where all the different prime ministers have their pictures. >> reporter: once inside number 10, the staircase immediately forces you to look up to former british leaders, if you didn't already. >> so there is the great man. >> there is the great man. without him, complete the sentence. >> without him, in a world without churchill, the nazis would have won in europe, and would have taken over the home of europe. and the world would be a very different place. i think the british history has got some amazing things we have done over the years. but that single moment in 1940 is proba

this book, diane has been a writer for the new time since 1989, and before that she is right for barron's magazine, but wall street correspondent for "the philadelphia inquirer" and an investigative reporter for the trenton times in new jersey. in 2005 she was a finalist for pulitzer prize and won a george polk award, a prize for investigative reporting and harvard goldsmith prize for her series exposing insurance and investment ripoffs of young military consumers. she's also a member of the new york times theme that was a pulitzer finalist for its coverage of the 2008 financial crisis. "the wizard of lies" is her fourth book. it may be her first movie. hbo and robert deniro has commissioned a script. it is being written right now and it is to at the end of the month. so keep your fingers crossed for that one. [applause] >> and now let's welcome diana henriques. [applause] >> one thing that is really wonderful about this book is that if you really are very unfamiliar with wall street, with the market, with hedge funds, with bernie madoff, it is a book that really anybody can understand. h

>> sir larry, i discussed on "fast money" and on barron's on saturday i expect a garden variety 5% or 6% decline, but remember, many stocks will decline 10% or 15%. i think the key question that investors have to ask themselves is in light of the fact that there's going to be a $500 billion fiscal drag on january 1st, 2013, in light of the fact that we have structural unemployment and large fiscal imbalances and we seem to have a frozen political situation where no one is going to institute pro-growth fiscal policy, is the stock market cheap or expensive at 13.5 times 2012 corporate profits when after tax margins are at 60 year highs, and that's the real question. can we stir the animal spirits, as i suggested to you on the show in december, and take the s&p close to the record in late 2007, and i think we can. the most interesting part of this rally over the last two months is that -- >> let me just clarify that. you think we can. >> yeah. >> i think after this decline -- >> there's 5i% pullback, which is very hard to file, but you are basically a bull in this. is that what i'm gathe

i'm reading barron's over the weekend an they say happily if i can just wait till the beginning of 2013inally see a rebound. where are you on that? >> boy, i don't know. it's hard to -- you know, you try to call these bottoms and tops, and it's impossible to do it. i mean i think the market's been showing some signs of life. they're not -- it's not going to be back to wait was like at the peek when we were doing 2.3 million in home sale as year or 2.3 million start as year, $4.5 billion of gdp, but it's starting to show some signs of life, despite the huge overhang and shadow inventory and other stuff that's out there. it was pretty discouraging actually and prices have been for obvious reasons not rising. >> policy question. if you were king for day and you could do whatever you wanted in washington and you believed the government has a role in all of this, you would do what? >> i'd probably do what they're doing now, just try to -- try to get the inventory down, figure out what to do with fannie mae and freddie mac and fha. they've got to take the risk out of the government's hands an

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a positive article in barron's over the weekend saying qualcomm stock could rise by about 30%. in bob with more on today's action. >> i'll tell you what was interesting about today. two groups that were the market leaders earlier in the order are continuing to be today. i know it doesn't look like we're down 13 points. in fact put up the financials. because once again they are clearly far and away market leaders we've seen here. look today, here's your big cap stocks here. even some of the regional banks like key corp have been strong. wells fargo, again, you want to watch these kinds of moves on a daily basis that's been going on for days now. the other group earlier in the year, remember, was material stocks. now they're a much smaller part of the overall index. they're a tiny part of the s&p 500. but, the dollar has been noticeably weak in the last hour, and the dollar has been weakening, material stocks have again moved to the fore here, a little bit of an outlier, u.s. steel. most of the major names up 1% to 2% today. there's your market leadership. that's a great goup to

. >> and you saw barron's about a month ago, 15,000 on the dow come christmas. where are you at?ber, we put out 1400 on the s&p by the end of the year. we're sticking with that. >> okay. alec, thank you for your perspective. hope what he just said comes true. >> lighten up a little. >> but i'm still in. it just depends. if we get above a certain level i'm bullish. we get below a certain level, i'm bearish. >> we're gearing up for friday's jobs report talking friday's job numbers with tom stemberg, the founder of staples and manager of the highland capital fund. still a young man. i was just looking at -- just thinking. you wrote a business plan in 1986. 1986. for an office superstore. there was no such thing as staples. >> luckily ran into mitt romney. he invested in our dream and it turned out to be a $25 million company. >> how many jobs? >> about 100,000 jobs. >> and correct me if i'm wrong, but market cap is shared by shareholders. you created wealth? >> more importantly for hundreds of staples associates, store managers and buyers, who were there in the early days, having go