bill o'brien from direct edge joins us. stevewise, john najarian. first, the top story, facebook. the stock is down 50% since going public. as it's declined, scrutiny of the company has only increased if the question we ask today, does a business with 900 million users and seemingly unlimited growth potential have too many enemies on wall street? steve weiss, is it sometime to show facebook some love? >> you can show love but you don't have to buy the stock. i think what zuckerberg create sd mind blowing, 900 million users. still, you need to know what the strategy is. investing on wall street, you start bringing emotion into it you're sure to lose money. i want to know what the mobile strategy is and i want to see valuation come down. the price in the ipo was an artificial price. nothing really to do with the fundamentals. i still think you have to wait a. and by the way, scott, more leg lockups expiring by the end of the year. >> i got you. are we being unnecessarily harsh on facebook and zuckerberg? stock had some problems since it got out of the gate for a number of reasons. 0

the man who will deal with this is bill o'brien who is replacing joe paterno as head coach. spoke with o'brien about the season that's ahead. >> it's very, very important that we realize, penn state, the penn state football program, that we realize why we're in the position that we are in. what steps are we going to take to move the program forward. it's challenging, james, but at the same time life is about challenges. >> coach bill o'brien and his team of nittany lions are used to challenges, but many of the challenges the program face today extend far beyond the football field. >> you have to focus on playing good football. but we have to understand that in many ways, this is about more than football. that's what we're beginning to talk to our kids about. >> it's a conversation o'brien couldn't have envisioned having a year ago as he was gearing up for the nfl season for offensive coordinator of the -- >> o'brien was introduced as the new head coach of penn state agreeing to take over a team plagued by controversy. >> is there any frustration on your part that you're havin

they will open the 2012 season at home in beaver stawed yum with new coach bill o'brien. stadium with new coach bill o'brien. >>> astronaut neil armstrong is expected to be laid to rest in a priet funeral on thursday or friday. he died saturday of complications from heart bypass surgery. final details are still being worked out at this time and there is a push for armstrong to be given a state funeral. he was 82 years old. >>> coming up next, the first day of school is always just a little bit crazy. >> just a tiny bit crazy. we are checking in with allison as her daughters get ready for go back to class. >> tucker is keeping an eye on tropical storm isaac and has a look at the week ahead here at home when fox 5 morning news continues after the break.  >>> much of our area was hit by heavy rains yesterday but take a look at this scene in charles county. wow! the national weather service says it has not confirmed a tornado or waterspout in the area but they are looking into reports and could release more details today. man! they haven't confirmed it. well, i'm not a w

. >> mark: bill o'brien is opening his first camp today.yers who had nothing to do with the ugly sandusky's can't were caught in the middle and nine lines at for an immediate transfer to play for other teams this season. now we will be right back as the kron4 morning news continues. we are waiting for the opening bell and it looks like another positive day on wall street all--i will have more on the market's coming up with broad black. now the morning commute is well under way as the backup continue to grow. we are watching the drive time at our hot spot and san leandro coming up. [ female announcer ] safeway presents real big deals of the week. or how to keep from driving all over for the best deals. you don't need to run around. safeway gives you real big club card deals each week. this week get whole seedless watermelons fresh off the farm for only $2.98 each. skip the warehouse. 24 rolls of charmin are just $11.99. and kellogg's frosted flakes are a buck 88. real big deals this week and every week. only at safeway. ingredients for life.

trying to rebuild a team and a reputation, james brown talks to new penn state football coach bill o'brien about the challenges ahead. that and more when we see you at 7:00. >> we will be there. thanks, charlie. have a great weekend. >>> other news this morning, prince george's county firefighter is being hailed a hero this morning after he saved a woman who was trapped in a burning apartment building last night. five prince george's county firefighters were hurt in the flames. they broke out along huntly square drive in temple hills late last evening. kristin fisher joins us live now from the scene with where on the investigation is going this morning. good morning, kristin. >> reporter: good morning, mike. the cause of the fire still under investigation, but the fire is out and the cleanup now continues. there's big pieces of glass all over the place caused by the fire and the firefighters breaking down windows, trying to get in to save the four people that were trapped inside. the fire started actually just beyond that light and down the stairs in the first floor or terrace level apartm

he plans suit as is the healing process by returning to practice their >> bill o'brien opened his first today. it is the first warmer -- is the first workout since the sanctions were leveled against the teen from the dairy sandusky's trial. the players had nothing to do with the scandal. one penn state player is coming to play for cow. -- cal. that ad cancel is a teeny up- the as with my parents not to run counter negative messages. this is done with that ad canceled-- council. >> this is on the boy scouts. the review of files find that some of these men remain in the organization you do clerical errors or glitches. they expelled suspected abusers and that only three entered the organization later >> the man behind annie hall and midnight and paris are shooting a film around area today. extras are going to be asked to show up for a daytime party scene. it's a about a wealthy woman from new york find yourselves broke and lives with his sister and differences of >>justine: there is a suspicious package. a gardener found is this is package just after 9:00 this morning. it is on central ave

know, she made the choices that she thought was right for her. >> o'brien: aspen patients have complained to regulators about being billed before their work was done and being charged credit card interest as high as 29.9% retroactively if they miss payments. >> so this is the consent decree between pennsylvania and aspen from 2010. >> o'brien: in response to such complaints, the pennsylvania attorney general investigated aspen, and the company agreed to pay a $175,000 settlement. >> it's a conflict of interest. >> o'brien: and in new york, andrew cuomo, then attorney general, launched an ongoing investigation into the growing use of high-interest health care credit cards. >> and it is where health care providers become agents for financing, and the financing company is providing the money to the doctor all up front. >> o'brien: according to heather haynes, there's another controversial aspect to how aspen does business. the more work employees convince customers to do, the more money they make. >> they want us to sell the cadillac of all dentures, and that's how we would try and sell. we would sell the biggest, best prod

six wins this year for bill o'brien is a great season.and new system on offense, pro style system, ted roof the defensive coordinator, a new system on that side of the ball and a tough schedule. they will play a very big, very physical virginia team early. play navy on the road at iowa and nebraska. good news they don't have to play michigan or michigan state. six wins this year is a great year for pen state. >> williams college in the top ten. >> how are they doing? >> fantastic. >> really? >> get excited. >> aren't they adorable. >> big year. >> big year coming up. >> adorable is not the adjective they were looking for. >> totally open to using these new adjectives. >> thank you. very nice to meet you very interesting hair. >> how well is jesse prepared. throw any team. >> he goes s.e.c. to -- >> just got to get up earlier. sharper in the morning. what you do is remarkable. >> studying the v.i.p. area at 12:00 last night. >> wasn't bottle fighting with drake. i was hanging out. >> thanks for waking up early. >> appreciate it. >> have fu

and halftime exclues i've, bill o'brien, ceo at one of the largest exchanges speaks out about restoringee you in 14 minutes. >>> days before the political conventions kick off president obama maintains advantage in the race for the white house with a four-point lead over mitt romney. that's according to the latest nbc news/"wall street journal" poll. chief washington correspondent john harwood joins us with more on that. interesting internal on these numbers, too. >> no question. we have a race that hasn't moved all that much during the course of the spring and summer. you can see that in the head-to-head between barack obama and romney. the president still holds the lead. 48%-44%. that's sloightly down from what he got in july. we do have a new player in this race. that's paul ryan who is the vice presidential running mate for mitt romney. he has been introduced to the american people for a little bit over a week now. his ratings are very, very mixed. 33% favorableable, 32% unfavorable, which is a consequence of how polarized our politics are and how much media barrage there is once so

you're watching the "bill press show" with matt o'brien of the atlantic. is the "bill press show." live on your radio and current tv. ♪ >>i jump out of my skin at people when i'm upset. they're doing this this corruption based on corruption based on corruption. >>that's an understatement, eliot. (vo) every news network will cover the convention. but only current coverage will put you at the collision of tv and social media. we'll provide unsurpassed insight into the most buzz worthy tweets, posts and pontifications, from the entire social stratosphere including you. join in, tweet us, and you could be a part of our on-air and online coverage. >>now that is politically direct. ♪ >> announcer: this is the "bill press show" live on your radio and current tv. >> john: we are back this is the "bill press show." i'm john fugelsang filling in for bill yet again and joined by matt o'brien from the atlantic who really has the story of the summer which is your epic takedown of neil ferguson. i want to play a sound bite we didn't get to yesterday of ms. tina brown who

their comfort zone and run for office we have just big deal for the north carolina john o'brien now the massachusetts bill meaning. register be out in california. there's a sheriff running sheriff elect me to serve in carroll county. north new hampshire christopher congress there are clerks in louisiana elected officials across the nation of ending up in within the duty function of their role dealing with aig but the bottom line leave it is as you say i mean individually some of these county officials don't have the power but let's let's be honest here this is an issue the president obama has spoken about times and time and time again and i want to play really quick him talking about a deal struck to help borrowers this is him back in february. we have reached a landmark settlement with the nation's largest banks that will speed relief to the hardest hit homeowners and some of the most abusive practices of the mortgage industry and begin to turn the page on an era of recklessness that has left so much damage in its wake so we're talking about the settlement that was reached with banks like bank of america

. >> o'brien: and this holds up in court? >> yes. >> if we had a bipartisan billhat basically said from a safety standpoint, from a liability of the major carrier, that there would be joint and several liability for any negligence that occurs by the regional, so that they'd both be responsible when it comes to safety purposes, would you folks support that? >> senator, that's beyond my purview. >> can you get back to me on that? that's a very important question. >> of course. >> mr. gunther? >> same thing, sir. senator, we'll get back to you on that. >> okay. >> o'brien: the committee says it has not heard back from the airlines.8 we wanted to ask both continental and colgan about their contracts and their relationship, but neither would grant an interview. in the case of continental, the company has made it very clear that they're not involved in how that airline does its business when it comes specifically to the issue of safety. they don't get in their hair. they say it's up to the faa. >> the most important point here about... about safety in this industry is t

bill: watching the olympics have you? so has conan o'brien champion ryan lochte says the best way to pick up a woman is to wink at her. this is article entitled things that only work for ryan lochte [laughing] i tried winking many times. i get pepper sprayed. [laughter] bill: try that one on. there you go from the pool. >> i wonder who he is winking at there. bill: how are you doing? have you been watching the gales? >> they're exciting. i like the women's volleyball. bill: cool. mo

bill: watching the olympics have you? so has conan o'brienf fact. >> olympic champion ryan lochte says the best way to pick up a woman is to wink at her. this is article entitled things that only work for ryan lochte [laughing] i tried winking many times. i get pepper sprayed. [laughter] bill: try that one on. there you go from the pool. >> i wonder who he is winking at there. bill: how are you doing? have you been watching the gales? >> they're exciting. i like the women's volleyball. bill: cool. more gold on the way. like $1600 an ounce right now. and going higher. >> got to give some of it back to the government though. bill: that you do. good to be with you, patti ann. have a great weekend. "happening now" starts right now. jenna: we start out this friday with a fox news alert. new jobs numbers are in. with 95 days to go to the election the impact on the race for the white house is huge. employers adding 163,000 jobs last month that is better than expected. that is the best boost in hiring since february. but america's stubbornly high une

bill clinton there by the way. >> you both got it wrong even though you are applauding like seals. both got it wrong. here is question number two. conan o'brienad a public falling out in 2010. seven months after giving conan "the tonight show." nbc pulled the plug and brought jay leno back. the media had a field day as did david letterman. >> happy birthday to jay leno, 61 years old today. [ applause ] happy birthday jay. all of his friends got together and had a party. they had a cake and a -- this is interesting point. jay cut the cake with the same knife he stuck in conan's back. >> bill: letterman was once considered favorite tonight show ultimately lost out to leno. what year did leno take over the late night spot? he took it over in 1992, that's c for you people listening on sirius. both got t wrong again. 0 for 2. >> are you attacking us? >> bill: innot yet. one more to get it right and then i will start to attack. secretary of state hillary clinton and president obama looked to be pretty close these days, don't they. >> sure do. >> bill: not always friendly. 2008 democratic primaries were a full contact sport. >> you hear one thing in