bernie was building up his money management business. a typical middle-class family living on long island. >> we were both solid parents and valued our family and so proud of our boys. it was a dream, really. >> exactly when bernie madoff went wrong is unclear. but as his reputation for delivering steady profits grew, the madoffs began living the good life. a penthouse in manhattan, homes in palm beach and the south of france, and yachts in both places. >> he was a big figure in the industry. he was the chairman of nasdaq. he was constantly being honored as "man of the year" of this organization and that. and that--that had an effect on me. >> both sons went to work as traders for their father's firm in the late '80s, a time authorities believe madoff's ponzi scheme was well under way. why would your father want to taint his sons by bringing into a situation that could, well, spell disaster? >> you know, that's-- that's a great question. and that's something that i really agonize over as a son. you know, what my father did was so horribl

jpmorgan failed miserably when it came to bernie madoff's trade. i talk to one of his victims, and a man that cashes in on a thirst for burr ban. i'm ali velshi, this is "real money." >> this is "real money," you are the most important part of the show much join the live conversation on twitter. this frigid whether is redefining what cold means for many. the weather forced airlines to cancel or delay more than 8,000 flights on fond. airlines are used to dealing with winter storms. most will bounce back. the weather is affecting agriculture, the cold and snow making it harder for cattle to gain wait and disrupt the transport of livestock to market. it can mean higher prices and 15% of winter weak plantings, facing damage from frost. the snow cover from the weekend storm my insulate and protect much of the crop from the freeze. no such luck in florida where overnight temperatures threatened the sit res crop. you cannot make juice out of a frozen fruit. >> more households are scrambling to stay warm. half use natural gas. gas futures trading 32% highe

some how he was protected. >> how did you decide to invest with berni madoff? >> we had an unusual situation. my mother had invested many years ago through friends, and she, my dad had passed away, and we were really helping her. she was beginning, she was quite senior but totally with it and quite a good investor, and she had checked him out, and she decided to stay. we were looking at helping her. we put money into her account to give her more to live on, and we felt it was a safer investment of just trading stocks which she had been doing, successfully, i'm afraid. >> you heard people veh of the victims they should have done more to check it out. >> i don't know how much more because mother really was very good. my dad had even been a limited partner in a brokerage firm, and she was very good at that. she had checked it, and she had files going back talking about how he had run the nasdaq, and he was an expert with the sec. i don't know what more you could do as an order citizen. not a wealthy one who had all kind of advisers. >> as you followed this over th

he was protected. >> how did you decide to invest with bernie madoff?> we had an unusual situation. my mother had invested many years ago through friends. and she, my dad had passed away, and we howere really helpingher she was quite senior although totally with-it and a good investor. she had checked him out. she decided to stay, so we were looking at helping her. we put money into her account to give her more to live on. we felt -- we felt it was a safer investment than just trading stocks which she had afraid. >> you have heard people say of the victims, they should have done more to check it out. i don't know how much more because mother really was very good. my dad had even been a partner, fa firm. she was very good at that. she had checked it and files going back, talking about how he had run the nasdaq and he was an expert with the sec. i don't know what more you could do as an ordinary citizens, not a wealthy one who had all kinds of advisors. >> as you have followed this all over the years, is it clear there is one law that should have been in

authorities say the bank ignored obvious warning signs of bernie ponzi scheme. we will show you the new gadgets rolling out at the consumer electronic show. ♪ welcome to our viewers on public television in america and also around the globe. today, there was fierce fighting in the iraqi province of an bar, as the military tries to gain the upper hand of those who are in key cities. they say they have killed 25 al qaeda-linked militants, but hundreds of civilians are fleeing falluja, fearing they may be caught in an all-out situation with the military. we have this report. >> the armed forces take the battle to the militants. direct hitis shows a against some of the al qaeda- affiliated militants, and these are some. the iraqi military claims that one airstrike alone killed 25 on tuesday, and residents of the city have told the bbc that special forces are now working with the sunni tribes to get them from ramadi. some of the heaviest fighting in years, being seen as a serious threat to the authority. upernment troops broke antigovernment protests, but then the fig

bernie madoff is serving a 150 years prison sentence. is it justice or a slap on the list. >> joining me now is erin arvid-lund, who broke the scandal. put this penalty in some sort of perspective for us. is it a slap on the wrist? is it more. >> yes, it's a sweetheart deal for jpmorgan. i think this was not only a slap on the wrist financially but nos executives are going to gaol, and it seems like a miscarriage of justice, especially for the bernie madoff victims, the investors who lost their life savings, they are doubly punished by seeing jpmorgan, madoff's banker, is getting off relatively scott free. >> are you surprised by that? did you expect individuals would face charges for not alerting authorities. >> you know, initially i did. when madoff was arrested i thought for sure, you know, whichever institution turns out to be the one sloshing his money back and forth would be held accountable, and individuals held accountable because right now some of madoff's co-worker are on trial in manhattan. these are clerical workers, staffers

morgan -- bernie madoff. and that will cost an.ts you do more with your smart from camera. shares of apple or down the dollar. the security company, it was a charles pick as well, dow little bit today, but it had a recently. twitter is in the news after getting a downgrade, the stock down 5%, down to 65. pandora, a surge in net hours and that stock is up to%. next, while the deep freeze cribs the nation, are you shopping, online perhaps? back in a moment. he has the most common kind... ...it's not caused by a heart valve problem. dad, it says your ib puts yo at 5 tes greater risk of a stroke. buit looks likeke my wamaybe we shouldd ask your doctor about pradaxa. a clinical trial, pradaxa® (dabigatran etexilate mesylate)... ...w pron superior to warfarin at reducg th riskf stke. and or dietary restrictions. no regular blood tests hey thanks for calling my doctor. sure. pradaxa is not for people wi artificial heart valves. don't stop taking pradaxa without talking to your doctor. stopping increases your risk of stroke. ask your docto

authorities say the bank ignored obvious warning signs of bernie ponzi scheme.ll show you the new gadgets rolling out at the consumer electronic show. ♪

and the latest problems caused the cold. , why major bank is paying out major dollars to victims of bernie made off. >> tough words for members of congress while they were to >> taking steps to restoring benefits to more than million people. >> this is after obama tries to put a human face to the issue. >> all politics are local and personal. on tuesday, to drive home its point about a hot button issue, president obama allowed one military mom to tell her story. >> i'm working hard to find a position. unemployment benefits have been essential to cover my bare necessities. my cuts include hating my house to 58 degrees, wearing a hat to stay warm. tuesday, president obama offered sympathies. >> is the only source of income they have to support their families where they look for a new job. these are your neighbors. it could be any of us. unemployment helps people and creates jobs. voting against it does not. congress should pass this plan right away. >> obama spoke after the sin advance the 6.4 billion dollar plan to extend unemployment benefits another three months. the plan faces uncertain

jpmorgan had concerns that bernie madoff -- >> internally? >> internally.d concerns that he was up to these things. under and a monday laundering -- anti-money laundering relations they have to have heavy regulations. in failing to do this it cost them $1.7 million. according to the southern district, who announced it is going to be going to bernie tims.f's that owns -- vicit >> there is incriminating evidence, e-mails that established the wrongdoing that the government alleges. isthe key thing in this days that they signed a deferred prosecution agreement but which means that they neglected to prosecute. second jpmorgan's deferred resignation agreement. this is a big deal for them, because they aren't bidding to committal charges, not a lot of banks do that. >> the former finance chief testified that dc- bernie mado's former workers ask for payment in diamonds. they cleared a pulmonary vote in the senate this morning. the bill would reinstate jobless benefits that expire december 20 for another three months. congress voted today because they failed to act

morgan didn't do when it learned of bernie madoff's ponzi scheme. plus, the head of the u.n.'s world food program, the group on the front lines of the fight against hunger, in areas crippled by violence. >> in the central african republic there are 100,000 people in and around the airport itself, in bangui. when we began a feeding program in that area, our humanitarian workers were attacked. >> woodruff: those are just some of the stories we're covering on tonight's pbs newshour. >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >>> bitter cold, persistent and spread across much of the country today. conditions were better suited to peng wins that people and gave new meaning to the term blue states. >> i'm wearing long underwear, i feel like i'm going skiing but i'm no

i set the tween rum dostana who roamed us as you know be here now and bernie and you know we let's was struck up and that's and we just became we kind of hit it off right there had a great time definition what is what is in very good i. mean what is and i do not know all of. it maybe that's it you know not knowing you know to be open to or heard of my dear friend jackie gleason in the book right yeah oh yeah and our and our current well art carney is they see a bike and make this kind of a truncate the story a little bit when i'm doing the bow ski. and by the way the dude who you know loves bowling you never see his bowl in the movie shrek but we originally were supposed to do some bowling we had a bowling master competes. and i was wondering how how the dude my prepared to bowl you know you remember art carney when he would prepare you know he would pick up that water and he would you know he would you know prepare him self for there's a boy he addressed the you know it would to sign something you know in jackie gleason. in the parable you know. i told the guy this and he says and he

with jeff bridges who's stars in our ip day opening friday he also coauthored a book it's him and bernie glassman called the dude in the zen master what is that so i'm glancing through it looks it's just a conversation here he has basically a conversation bernie glassman who is the zen master who is in mass and he's a wonderful wonderful guy. he came to me once and he said. you've been friends for several years he said you know in the buddhist circles. your character in the big about how ski the dude is considered zen master i said what are you talking about is oh yes as you know the the movie is filled with you know koans you know these use in questions that you have to get experience you know to to really answer them properly and i said i don't know if you talk about his church he says sure is look the coen brothers man. come on the me. so he says hey let's write a book about that i want to bring some of these you know zen ideas into modern day and so he has ok sure so we went up to my place in montana and we put down this book and how do you know bernie glassman met in that a dinner p

conference in just a few minutes on the $2 billion settlement with jpmorgan in connection with the bernie madoff case. we will bring it to you live. >>> and one big unknown risk. a big foreclosure auction is under way down in atlanta. buyers putting money down for homes that most won't see before they buy. we'll take you along for the ride, as those buyers see what they actually bought. >>> first let's check in with sue on this rally day at the nyse. >> they know what they're buying down here today and it's stocks. let's get the trading action right now. the dow jones industrial average up about 116 points on the trading session and bob joins me on the floor of the new york stock exchange. a reprieve finally for the bulls. >> this is the first day it seems like the adults are kind of back. the volume's a little stronger, the trading action's a little more interesting. put up the dow, it's not like the range is necessarily bigger. we have been a very narrow trading range since the beginning of the year, about 140 points on the dow from top to bottom, but there's more activity around. i tho

bernie goldberg says it's worse than ever. he will be here to explain why. later, is it legal on a win for the progun people in chicago and a victory for anti-gay marriage folks in utah. factor is coming right back. v-. natural energy from tea packed with real juice from delicious fruits and veggies. it's what you need for that extra boost! oh and did we mention it's only 50 calories? need a lift? could've had a v8. in t juice aisle. need a lift? could've had a v8. is a really big deal.u with aches, fever and chills- there's no such thing as a little flu. so why treat it like it's a little cold? there's something that works differently than over-the-counter remedies. prescription tamiflu attacks the flu virus at its source. so call your doctor right away. tamiflu treats the flu in people 2 weeks and older whose flu symptoms started within the last two days. before taking tamiflu tell your doctor if you're pregnant, nursing, have serious health conditions, or take other medicines. if you develop an allergic reaction, a severe rash, or signs of unusual behavio

from td ameritrade. >>> weekdays with bernie segment tonight.al hatred it is certainly on the rise in america as both liberals and conservatives battle for power. but why is the vitriol worse now than even when it was during vietnam and during the iraq wars? joining us from miami, the purveyor of bernard goldberg got come, mr. goldberg. >> i agree with you. i read your column on your web site. i agree with you. it's now, i think, the worse that i have ever seen in my life. why? >> yeah, let me agree with your lead. in i do think that it's worse than vietnam and frankly i think it's as bad since the civil war. during vietnam and the civil war there was no internet and the tv and no talk radio the way we have it today. they didn't start the fire. they didn't create the hatred and the polarization. but what they did, bill, is they created a battlefield where the right and the left can fight each other 24 hours a day nonstop every day. and what we have got as a result of that is more polarization, more anger, so one side, neither side wants to hear

get to them in a moment with bernie. but do you believe christie lied?n, are you believing him when he says he didn't know about it? >> i have no reason to doubt him. no reason at all. >> that's the same thing. got to be fair about this. >> yeah. absolutely. if he is not telling the truth. >> he is done. >> i totally agree with what you said, he is done. not almost done, totally done. i have absolutely no reason to doubt him at this point. none. >> okay. the media research center says that the network news went way overboard on the story, right? >> right. this incredible. in the last 24 hours, abc, nbc, and cbs news devoted 17 times more coverage, air time, 17 times more than they devoted are in the past six months to the irs scandal. >> whoa. >> 17 times more coverage. >> 24 hours. >> less than 24 hours. >> so what are we supposed to conclude from this. >> i think we all know. it's hilarious. so, i guess we are supposed to conclude that a traffic jam in new jersey, albeit a massive traffic jam pulled off stunt of retribution by one of christie's aides w

directly ahead, bernie goldberg on an interesting question.he american media exploiting pope francis? and then stossel, trying to buy a gun here in new york city. wait until you see this. upcoming. [ male announcer ] if you're taking multiple medications, does your mouth often feel dry? a dry mouth can be a side effect of many medications but it can also lead to tooth decay and bad breath. that's why there's biotene. available as an oral rinse, toothpaste, spray or gel, biotene can provide soothing relief, and it helps keep your mouth healthy, too. remember, while your medication is doing you good, a dry mouth isn't. biotene -- for people who suffer from dry mouth. and shift through all eight speeds of a transmission connected to more standard horsepower than its german competitors. and that is the moment that driving the lexus gs will shift your perception. this is the pursuit of perfection. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter

bernie grimm and ted williams. ted, first to you. >> i'm horrified by this.what you are finding in this is that madoff can go to jail. corporations, you know, they don't commit crimes. the employees of a corporation commit crimes. just think about it the head of j.p. morgan, set back and say, look, i will pay a one, 7 billion-dollar fine. i'm not going to jail. nothing is happening to me. that is very troubling. >> bernie? >> i mean, we all knew this was happening a long time ago. it's beyond troubling does it make lawyers look bad yeah and we deserve it what troubles me nobody is injured. -million-dollar penalty. i have asked judges to impose it in lieu of reducing my client's sentence and i get no help. >> you know what, eric holder the attorney general of the united states had to sign off on this unwith. he did. the idea that you commit that big of crime not one person, not one executive from j.p. morgan who is actually committing the crime is even being arrested for it. and then you have got the situation. >> the problem the proof? >> apparently -- i just

. >> jpmorgan had concerns that bernie madoff -- >> internally? >> internally. returns are too good to be true and all this good stuff. he failed to escalate that to the proper regulatory authorities by filing a report. >> other required to under the law? banks have to have a very hefty bank compliance program. in failing to do that, it cost them $1.7 billion. according to the southern district, who announced it is going to be going to bernie madoff's victims. we don't have specific details. >> there is incriminating evidence, e-mails that established the wrongdoing that the government alleges. the key thing -- >> in this key thing in this case is that they signed a deferred prosecution agreement but which means that they neglected to prosecute. several banks have done this and this is jpmorgan's second deferred prosecution agreement. this is a big deal for them, because admitting to criminal charges not a lot of banks do , that. >> the former finance chief testified that bernie madoff's former workers asked for payment in diamonds. incredible. billion plan to e

directly ahead, bernie goldberg on an interesting question. exploiting pope francis? and then stossel, trying to buy a gun here in new york city. wait until you see this. upcoming. this is for you. ♪ [ male announcer ] bob's heart attack didn't come with a warning. today his doctor has him on a bayer aspirin regimen to help reduce the risk of another one. if you've had a heart attack, be sure to talk to your doctor before you begin an aspirin regimen. if you've had a heart attack, be sure to talk to your doctor with freshly bakedeve in whole grain bread.right then we add all-natural eggs... lean antibiotic-free ham... and vermont white cheddar. get 16 grams of protein and 23 grams of whole grain in the breakfast power sandwich. >>> weekdays with bernie segment tonight. very interesting situation involving pope francis, you may remember last november the pope said some capitalists are evil, exploiting poor folks that got picked up all over the place in the u.s.a. mentioned on the evening news. this week when pope francis said abortion is litera

it only took about a week for that nomination of bernie carrick to fall apart. seven days after george w. bush nominated him in this ceremony at the white house, bernie carrick withdrew his name from consideration saying, he had unknowingly hired an undocumented nanny and housekeeper and so he couldn't take the job in part because he would be in charge of enforcing the nation's immigration laws. turns out it was more than that. in 2006 he was convicted of taking hundreds of thousands of dollars of home renovations for himself from an allegedly mobbed up contractor that had business before new york city. he admitted to lying about that, lying to the irs, and lying to the white house when they vetted him for that homeland security job. because this is new york, and because new york is as amazing as new jersey, when bernie carrick plead guilty and was about to be sent to prison, they had to move quickly to take his name off the jail he was about to report to. less than 48 hours after he plead guilty, they had to take his name off the lower manhattan detention compl

morgan's had a reputation a two billion dollar fine for closing his eyes and covering up as bernie madoff literally built widows and orphans along with a lot of other families and charities now comparing this to the sink estates of course it's very difficult for old people old ladies to walk across the estate safely here it's difficult for old ladies with pensions to walk across the city of london because the bankers will likely steal their pensions right and intergenerational basis in other words the only way to pay for the fraud is by building and looting the current generation and future generations to pay off the bonuses on the legal fees of the fraudsters and the crooks in present day now when the sink estates the crime rates there are often what you find is the the local police in there are just give up you know policing the area because it's too dangerous or they're in the pocket of the local thug here we see department of finance cannot locate banking crisis files this is from ireland where we know the entire system collapsed based on one bank one commercial bank not a high street

and bernie goldberg is with me now, a fox news analyst, bernie, listen, he has a valid point that the democratic national convention featured woman after woman after woman who would have us believe that the only issue that defines us as women is our desire for birth control. right? and that may explain in part why we've seen so many jump all over the governor on his remarks. >> listen, i watched the tape. i watched his remarks. and it is absolutely clear, at least to me, that he was attacking, or at least taking on the democratic party for treating women as if they are not too smart and can't -- >> or we're all about that one issue. >> yeah, so you know, he was taking on the democrats for bei being paternalistic. having said that i would give the governor or anybody else seeking a spot in the white house, don't use the word "libido". >> or if you're interviewing anyone, don't use the word "intercourse". >> unless you want to deal with it days or weeks or months or years from now if you decide to run for president. because this is how it works. when a conservative republican talks abou

. >> there are device that's can help, and who better to test them than consumer reports bernie. find yourself stick and find the cobra tech and beak yovenl all three allow to you tag and find your stuff when lost using your smart phone. >> these have limited ranges about 30 feet to be effective. >> so bernie went about tagging items then hiding them around the consumer reports headquarters. then, he tried to find everything. the least expensive $25 stick and find sometimes took up to two minutes to find the signal. frustrating when you're in a rush to find something. beacon quicker but costs $100 z only available for iphone 4 and 4 s. cobra tag is quick but work was more devices and at $40 isn't as tough on the wallet. that is if you can find your wallet. the cobra tag can work in reverse, too. if you lost your cell phone, but stril your tagged keys, are you listening? you can press the tag and it will ring your phone. >> handy. >> 100s sndz >> yes. >> i have to get a better memory. >> well, we're still waiting for rain but another gorgeous day today. >> sandhya patel joins us.

fox news analyst bernie goldberg joining us. as you watch the media, you see a lot about chris christie and bridgegate, which is the story. not so much about this. >> absolutely true, so what we know for certain, thanks to james rosen reporting, he broke that story that the secretary of defense and the chairman of the joint chiefs told barack obama minutes after the attack in benghazi started, that it was a terrorist attack. so what happened after that, as your montage showed. susan rice went out on all the talk shows and gave this fairy tale version that it was an anti--muslim video. we may have suspected that was not true. but barack obama knew it was not true. and they let her mislead the american people. that over the next two weeks, a variety of members of his administration use whatever verb you want, lied to the american people, misled the american people, told half-truths, he knew because leon panetta and general dempsey told him it was a terrorist attack. so how did the media cover this, right? 35 minutes on the network

bernie will always come up with a different comments and stories.one bernie eccleston. >> we'll see. thank you so much. christian horner, team principle of the red bull formula one team. >> we'll take a break and come back and continue talking about sport. we'll sit down with the man responsible for making the numbers work at arsenal football club up the road at the emirates. we'll see you in a moment. ♪ >> welcome back to "the pulse." live from bloomberg's european headquarters in london. i'm francine lacqua. >> i'm guy johnson. these are the bloomberg top headlines. >> several former barclays traders are set to be facing libor interviews. the fronts office is said to have sent notices to people in the u.s. and the u.k. over the past six weeks as part of a global investigation into rate rigging. >> we have the latest numbers out from germany. the economy expanded less than forecast. economists forecast growth around .5%. >> the world bag raised its global bank forecast. -- bank raise d its global bank forecast. market recess main vulnerable to tape

bernie sanders and t other democrat. government is force. when broadcasters here that lawmakers want to hear more climate change stories they have to respond because they have a gu to their head. this is the end of free speech in country. >> michelle one of smartest people in i know in building once sat me down and said democracy doesn't work unless the media does its job. the media doing its job means a free media. it's protected in the first amendment. a free media. >> you know what? the media is already talking about this. how much more do they want to hear on tv? if you turn on msnbc and cnn every day they are talking about global warming. this is november coincidence that every day the viewer ship gets smaller and smaller. miles per hours are tired of hearing about this -- americans are tired of hearing about this. all the liberals like jaumu say global warming or changing. no it's called weather. >> go ahead. talk -- stay on thepedia whether or not the lawmakers in general should be petitioning the media for the story and the agenda. >

morgan did aid and abet bernie madoff, where is the person that did that aiding and abetting.y aren't they charging one named person. the reason why they're not? j.p. morgan maybe as an institution didn't do anything worse than what the securities and exchange commission did, which is -- couldn't find -- bernie madoff -- they had evidence he did wrong and they did nothing. >> we'll get into that later. you're right. one thing i'm asking, these funds that willingly -- i know j.p. -- they're not the only ones dos do you think that makes them think, let's go for a bill more. looking into companies -- >> here's the thing. i think jp morgan is an interesting -- almost a book because they're a big bank, stuff goes wrong there. are they a criminal institution as some people on the left suggest? i don't think so. i could tell you a lot of bad stuff goes on in other places, but it is an interesting koa incident whentime jamie diamond started opening his mouth, they went after him, and in this highly regulated environment the feds can put you out of business. they were worried about --

they have agreed to billions that they knew obvious warning signs to the bernie made us ponzi scheme and failed to report them to authorities. what the allegations amount to a much jp morgan has admitted. >> it looks like jpmorgan had concerns that bernie made off was running internally. they were saying the returns are too good to be too. all that good stuff. they failed to escalate that you proper regulatory authorities. >> are they required too? >> yes. all banks have to have a very have the they compliance program. >> know your clients. >> in failing to do that, it cost them $1.7 billion. >> the money is going where? >> according to the southern district, it will be going to madoff victims. we do not have any details on that right now. commented ongan this at all? they said this is jamie dimon just wanting to start 2014 with a clean slate eared they may not be as culpable as it sounds. we cannot go through the ringer anymore. we have arty pay the 13 billion fine at the end of last year. heard anything from the company? >> i have not spoken to the company. that is definitely the s

bernie williams at usaa and bill stone with tmc. out of time.hank you for joining us on this day of the rally. atlantic city casino revenue falling below $3 billion last year, first time we have seen that in more than two decades. what's behind it? fewer players, perhaps? increased competition? or the shift to online gambling? and is the big bet on online gambling actually working? we will talk to the president of borgata. >>> plus -- >> coming up, power pitch. th is startup wants to help you buy a used car without ever stepping foot in a dealership. does it have what it takes to drive to success? >> are you in or out? >> stay tuned. >>> hello, everyone. on today's power pitch we have a start-up that wants to disrupt car dealerships by letting you point, click and buy your wheels online. ernie garcia is the cofounder and president of carvana. before that, he was an analyst at the world bank of scotland and served as vice president and treasurer of drive time, the seventh largest used car retailer in the u.s. with 108 dealerships. here's his powe

reports say the bank could announce a settlement this week over charges it failed to warn about bernie> spain services pmi hit a six-and-a-half year high as new business returns to pre-crisis levels. >>> they nechinese economic fea down to a two-year low in december. the biggest concern by george solos is the downfall. >>> and a deep freeze for much of the u.s. >>> you're watching "worldwide exchange" bringing you business from around the globe. >>> a warm welcome to you. the start of the global trading week here on cnbc. we saw a bit of a pause last week for u.s. equities. the dow down .2%. right now we are slightly higher at the start, 23 points above fair value for the dow. the nasdaq at the moment is 3.5 points above fair value. and the s&p 500 is currently 1.6 points above fair value. the ftse cnbc global 300 is pretty fat, down a quarter of a percent. a bigger sell-off in ashave, the nikkei down 2%. here in europe we have been turning slightly firm,er, the ftse 100 is down .15%. the gdp growth is near 8.8%, the annual growth of 1.9%. the sector services is flat and no change in t

bill if they have a warrant specific to you and say that you have committed a crime. >> reporter: berniers has tough questions for nsa keith a leshgsander. the nsa currently spying on members of congress or other american elected officials? these congressional calls for clarity and privacy are coming a head of president obama's announcement of reforms to the way the nsa does business. >> i will make a definitive statement about all of this in january where i will be able to say these are the recommendations that make sense and here are ones that are promising and still need to be refined further. >> reporter: but the obama administration is fighting to keep collecting american phone records. they can continue the bulk data collection and the doj appealed federal judge's ruling that found the nsa practices likely do violate the constitution, harris. >> peter, thank you. and i want to bring everybody up to speed because i have the statement from nsa. members of congress were concerned because they were concerned about being spied o. nsa is fully commited to transparency with congress. our

thanks for the update bernie. a frost is thawing on capitol hill. after two years of talks, a farm bill has passed the house. the bill aims to save more than 16 billion dollars in federal spending over the next decade, according to the congressional budget office. some of those cuts would come from the food stamp program, which would slash 8 billion dollars. it also eliminates a controversial farm subsidy that pays farmers whether or not they grow crops. some savings from that program would be used to expand a government crop insurance program. the bill got the support of 251 members of house but connecticut congressman jim himes was not one of them. "we still, through the farm bill will be spending on agricultural subsidies that'll result in higher sugar and higher cotton prices." a senate vote is expected sometime this week. president obama pays a visit to a nashville high school to talk about education as he promotes the agenda he layed out in his state of the union address this week. yesterday the president toured a costco in maryland. the suces

the great eswar profiteering in history according to the studies coming out from bernie sanders and others. well, there you go. [applause] thank you very much. thank you. [applause] thank you, all, very much. [inaudible conversations] is there a non-fiction author or book you would like to see featured on booktv? send us an e-mail at booktv at c-span.org. or tweet us at twitter.com/booktv. >>> joining us on booktv is james rustin junior. his newest book is called "the accidental victim." jfk, lee harvey, oswald and the real target in dallas. what do you mean by the real target in dallas? >> it's a congress -- con have a luted -- i think all of them are nonsense. i think we have to bring it down to the psychology and mind set of lee harvey oswald the killer. what i've attempted to do is go to the core of his motive for picking up the weapon on november 22nd. >> you had to put two things together. the first is the attitude toward kennedy. where he had absolutely no -- for the president at all. admired the president for his policies. the change in military danger from honorable to dishonorabl

when you come right back, bernie goldberg on what i should ask president obama tomorrow night.r ] it's simple physics... a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. us, in clinical studies, celebrex is proven to improve daily physical function so moving is easier. celebrex can be taken with or without food. and it's not a narcotic. you and your doctor should balance the benefits with the risks. all prescription nsaids, like celebrex, ibuprofen, naproxen and meloxicam have the same cardiovascular warning. they all may increase the chance of heart attack or stroke, which can lead to death. this chance increases if you have heart disease or risk factors such as high blood pressure or when nsaids are taken for long periods. nsaids,