did anybody watch bob wright yesterday?> we have sound cut i don't know if it's available right now. >> if we have that. >> essentially said one of the most difficult days of his professional life, watching the share price hit these levels, obviously knowing how much bob must own of it i assume. >> i always loved him and think he's a great guy he was shocked at the interview, shocked that he said that, bob ran ge capital prior to taking over nbc. >> right. >> and running that for many years. >> kind of a great man, really been involved with charity, done remarkable things and comes back and says this obviously all miss -- geez, that was not said idly. >> this is bob wright formerly at ge and nbc talking to our bill griffith yesterday. >> this is the worst day of my business life today. >> what are you going to do? >> i'm going to sit there with it i'm not going to sell it now i'm going to sit there and trust the history of the company and quality of people that are there. >> there by the way is puzzle piece, autism speaks,

announced a major restructuring program and cut its dividend in half yesterday former vice chairman bob wrighteighed in on the drop in the share price. >> this is the worst day of my business life today. what are you going to do >> i'm going to sit there with it i'm not going to sell it now >> it's too late >> i will sit there and trust the history of the company, the quality of the people there. >>> ge is down 43% this year it now has a market cap of 1$155 billion and lost its crown as the u.s. biggest industrial company. that title now goes to boeing. it's down again this morning, only two-thirds of a percent >>> our data team said that the 17% drop this week alone is pretty much on par with the financial crisis, which back when ge was a bank came right up to the brink, needed a bailout almost went insolvent with other companies like lehman and aig. the fact that the selloff this week rivals that of the financial crisis is no less than unbelievable >> particularly after significant declines year to date already mentioning the financial assets that they used to have is fascinating. the sale t

john flannery is the right person to lead the turnaround we'll be talking to former ge vice chair bob wright. the father of nbc universal. he'll join us live here at post 9. get his take on the outlook for general electric >>> and conflicting reports in the last hour about whether the senate tax bill will include repeal of the obamacare individual mandate we have senate finance committee member pat toomey here to tell us what's going on, and what other changes have been made in that bill. >> we've been getting conflicting reports on exactly what's in that bill. we'll get it directly from senator toomey. >>> is the rok uru run over stock pulling back after the 125% gain in just the past 3 days a debate on whether this streaming stock has run its course or just taking a breather right now. >>> but we start today with big moves in retail. as companies like dick's sporting goods and tjx fall after reporting their results this morning courtney reagan joins us with a roundup of what's driving those stocks lower courtn courtney >> hi there, bill, so it was a mixed bag for retail earnings ahead of t

up next we speak with author bob wright to learn more about history of business in this area. >> today we are at the center for western studying in the united states and beautiful sioux falls saad had is in southeastern part of the state near the place where iowa, minnesota, and south dakota meet. you know, i wasn't born here but i got here as soon as i could. what was near the financial crisis and reason i came was that -- it was clear to me that south dakota economy was very robust and so i began to investigate why it was so robust. and come to find out by a lot of measures south dakota has the most entrepreneurial economy in the country. and you might wonder how that is because we're not overflowing with thomas edison and elon musks and folks like that. right? but you've got to recall that there are fewer than 800,000 people in this state. it's smaller than a lot of counties back east. in terms of population, right? so surprising that we haven't had the big -- the big eventive entrepreneur and three different types of entrepreneurs there's inno vatsive type that invents stuff and ha

plan, and lee is with us this morning former nbc chairman and suzanne wright foundation chairman bob wrightill joins us as well. couple of hours ahead you don't want to miss a moment and kick it off right now going to washington where house o republicans rolled out their plan to overhaul the country tax code lay out most extensive rewrite in more than 30 -- years three decades gop loaders and president trump touted plan as a boom for middle-class and businesses as well. >> with this plan we're making progrowth reform so yes america can compete with the rest of the world and also making it so that families like these that are here can have more take-home pay. >> nine in ten americans can file using a postcard style system lowering the rate detecting more dollars you earn making sure you have strong palace relief. but it's more than that. we're not just putting higher octane fuel in old clunker of a tax car. we proposed to drive a newer tax car that can compete to win against any country in the world. >> motion americans will be tiebl file taxes on a single sheet of paper what do you think ab

. >> i love college basketball and jay wright looks like you, bob kelly. >> that is my twin brother.> except for reindeer ears. >> i believe i found a star. >> i found another christmas ball. >> beautiful. >> look at this. >> i also found this we have an ornament from last year and l fell off for noel. >> noe. >> we could just do this make it no. >> no. >> no. >> jay wright says failure is just an opportunity to learn. >> as next year we will learn to decorate better. >> yes. >> okay. >> where is the tease. >> keep them or toss them. we are talking about your jeans. ladies, how many of you are holding on to a pair of jeans that no loaning fit but you want to keep them because maybe one day, maybe motivation for you may be you can fit in them again. why it could be good and bad to do this. >>> is what your favorite french toast spot, tell us the name and county, and this one says the best in philly, green eggs cafe. a lot of people talk about green eggs. so use the #fox 29 good day send us some more in. >>> ♪ i'm starting to get sentimental. >> it is beautifully like this >> you don't