> keith reeves might not have thrown the first punch, but staff say he instigated a fight with ben thompsone gonna see inmate keith reeves right here come in and sit down at this table with his tray right here. and here comes inmate benjamin thompson. comes around and sits at the opposite seat. then that's when inmate reeves tries to take something off his tray. and there he points in his face, and then that's when the fight starts. >> if reeves can convince disciplinary officer hale that he did not instigate the fight, he could return to his dorm. if not, he could face up to 60 days in segregation. >> i mean, now is the time to explain your situation, and i'm gonna tell you, don't lie to me, because i've already watched the tape, and i know what happened, okay? go ahead. >> we just started fighting. i feel like if i wanted to really fight him like that i'd have -- you know what i'm saying? -- caught him off the camera we'd have fought where i wouldn't have to deal with y'all right now. >> when i watched the video, it showed me that you were trying to take his food from his tray. >> i was g

ben thompson is the ceo of saferson capital advisers which is a global fixed income boutique. ben, good to have you here. >> thanks, sue. >> as i understand it, you do not think that detroit is basically a blueprint for what we will see in other municipals on a wide scale in the country. >> that is a correct reading. the urgency of detroit's situation was very clear. people have been watching detroit. this, unfortunately, was inevitable. it sounds like there was a rush yesterday to get the bankruptcy filing before it could be blocked by the city pensions. so this occurred even more quickly than i think people expected, but detroit shouldn't be extrapolated to the rest of the marketplace. the issues in detroit are unique to an economy that's shrunk from a population of 2 million to 700,000. has budget gap of $200 million to $500 million. there are problems around the country with local governments and state governments. not of this magnitude, and hopefully detroit acts as a catalyst to get some of the important conversations going that need to occur now so future detroits don't

ben, thank you for being here. >>> today's producer pick from emeka thompson. look at this. watts is playing the princess of wales in diana. watts saying this was the ultimate acting challenge she has ever faced. read more about the story and head to my facebook page. like carpools... polly wants to know if we can pick her up. yeah, we can make room. yeah. [ male announcer ] ...office space. yes, we're loving this communal seating. it's great. [ male announcer ] the best thing to share? a data plan. at&t mobile share for business. one bucket of data for everyone on the plan, unlimited talk and text on smart phones. now, everyone's in the spirit of sharing. hey, can i borrow your boat this weekend? no. [ male announcer ] share more. save more. at&t mobile share for business. ♪ what are you guys doing? having some fiber! with new phillips' fiber good gummies. they're fruity delicious! just two gummies have 4 grams of fiber! to help support regularity! i want some... [ woman ] hop on over! [ marge ] fiber the fun way, from phillips'. [ male announcer ] you wait all year for sum

thompson with the fab fab. a fabulous weekend for markets, we'll see. earnings set to hit the tape, but federal reserve chairman ben, chief economist with first trust advisers. >> hi, kelly. >> michael, first, to you we've heard so much from the chairman lately. it seems inevitable between the statement and question and answer, we going to hear much more. i this going to trump earnings again? >> i i think they're both important. the fed talking around in circles. but what they have done is candidate the market to the inevitable you know tapering when they're occurs and the fed's disinvolvement going forward, whenever that is. i don't think it's anytime soon because you've got the dual mandate of monetary supply and unemployment. unemployment continues to remain around 7.5%. corporate earnings in the middle of the second quarter earning season now. it's too early to gauge what's going on there. i suspect earnings growth is going to be slow and consistent with overall lack of economic growth in the second quarter and that could put pressure going forward on stock prices. >> do you think it's strange that we're talkin

ben bernanke citing among other reasons an unemployment rate that over states the health of the labor market. pc shipments fell for the fifth straight quarter. back to you. >> thank you, mary thompson> letting your kids play with your smart phone can be a nice way to keep them busy but can be a very costly mistake. an oregon man found that out the hard way after his 14-month-old daughter accidently bought a car using an ebay app. the 1962 austin healy sprite cost about $250. he says he plans to give it to her for her 16th birthday. hopefully at $250 it is drivable. right after that he went on e-trade and sold the stock. my kids do that all the time on the ipad. they're like buying things. i'm like, what are you doing? >> really? >> i mean, they can get around -- get involved in the negotiating? they go back and forth. >> they do. >> drive a hard bargain? >> everything. yeah. >> thanks very much. >>> mike bettes is in for al this week. good morning to you. >> good morning to you. dramatic moments playing out by the way in colorado. have you seen this? it was all caught on camera. check it out. a flash flood takes over drivers on highway 24 in manitou springs. this driver pulled out