i loved buffett.ant thing, charge offs and what they were back when things were bad and where they thought total charge offs would be in terms of basis points. he annual xized what they said. wells fargo down to 50 basis points. that's good. that's why i wish we could have him to call on some of this. pepsi earnings 1.24 were 7 cents aled of estimates, revenue in line. company is pleased with the performance despite the macro economic volatility. i love lays. >> love fritos. >> i love cheetos. keeping one eye on the hill and another eye on -- >> you can't close one eye? >> warren buffett is my special guest. is becky supposed to be reading this. we'll have much more from him throughout the show. fedex ceo fred smith on affordable energy, the economy and how he's handling the situation in washington. "squawk box" is back with more in a minute. >>> since 1960, how many times has congress acted to raise e, extend or revise the definition of the debt ceiling? the answer when "squawk box" continues. yo, yo

we begin this evening with warren buffett, his son, howard buffett, and his grandson howie buffett. >> obama has got a certain amount of criticism when he said, you know, nobody did this alone, i don't know about other people, i did not do it alone there are 10,000, you know crosses over there in normandy that -- and they will need to be where i am today. they are people of gettysburg, i mean, none of us do it alone and i have been very, very lucky to be sort of designed for this time and this place but a lot of people aren't lucky and the market system showers things on me and leaves an awful lot of people behind. >> rose: we conclude this evening with a preview of my conversation with alan greenspan, former chairman of the federal reserve in which he responds to some of the questions i raised with warren buffett. >> society especially a free people like we have in the united states, has to agree on certain fundamental principles and that is the bill of rights. that is basically freedom of the press, freedom of speech, freedom of assembly, freedom of religion, everyone agrees with th

warren buffett is in a bind. the billionaire rolling up his sleeves to fix benjamin moore after the ceo of the paint giant abruptly quit. is this about buffett's young female protege? this is all the word on wall street. we have the inside story. >>> plus unone week to the day your new health care life began. turns out the numbers are worse than we thought. we'll tell you what the government doesn't really want to you know. >>> "who made money today?" he took a beating on his pet project but the sun is shining on his wallet. you think you know who it is? we'll let you find out. even when they s it not it is always about money melissa: straight to the back room story tonight. the whispers are focused on the biggest wall street titan of them all, warren buffett. the "oracle of omaha" himself. he is known for not micromanaging companies he buys but insiders are warning that his 29-year-old protege, tracy britt is stirring the pot at benjamin more owned by berkshire hathaway of the it is all the word on wall street.

we are so pleased to have howard g buffett and howard w buffett on set with us this morning.ing. so what about the name of this book---forty chances? it's all about philanthropy here. > >it's about more than philanthropy actually because it's about how you take your forty chances, forty years that we kind of all have and do the best with it. so it involves everything from philanthropy to business to whatever you can do as an individual to help. > >we only get forty chances? > >he keeps telling me he's gonna get sixty. if you think about it, when you get out of school and you get a little experience you really have about forty prime years to reach your goals, to build a legacy---whatever it is you really want to focus on. so it's trying to create a mindset and it's true, some people get a little more than forty chances but it's a number that we could make sense out of. > >what is the takeaway from this book? just give us a little nip. > >i think the takeaway is that as big as all the challenges are in the world today, if we're willing to take more risk and we're willing to be

jimmy buffett after this.ng away again in margaritaville ♪ >> ellen: can we pan out and see the living room? you have been there a year. you don't have to take time any more. we're going to fix that. >> ellen: ellen's all new with alyson hanigan from "how i met your mother." so, um, do you want to come up for a coffee? yeah. 'kay... uh... od. so... so, uh... you make yourself at home and i'll be... yeah. right back. sure. (gasp) oh, i th... i thought we were... (deep inhale) (coffee grinder whirring) ooh... with authentic, expertly crafted roasts and legendary brews, eight o'clock is the coffee for those who put coffee first. this is nice. >> ellen: our next guest is a defining legend in music here to perform his classic "margaritaville." please welcome jimmy buffett. ♪ nibblin' on sponge cake watching the sun bake all of those par rotheads covered with oil strum min' my six-string on my front porch swing smell those shrimp, hey, they're beginning to boil waistin' away again in margaritaville wasting away agai

the oracle of omaha, warren buffett.squawk box" starts right now. >> welcome back to "squawk box" here on cnbc, first in business worldwide. i'm joe kernan along with becky quick. >>> in our headlines, the government shutdown is in the third day. a meeting with congressional leaders produced no progress. the president told john harwood yesterday that if wall street investors are worried about the ongoing battle, they should be. we'll have more from john coming up with the exclusive interview with the president at the bottom of the hour. in other news, more trouble for intel's efforts to get chips into new smartphones. well of the few well known phone customers is dropping intel from the new vibez smartphone. it's going to be using a chip from qualcomm on that phone. the only other prominent maker to use intel's chips is motorola. >>> we are less than half an hour away from the latest jobless claims numbers. they'll be out at 8:30 a.m. eastern time. those numbers are expected to be up slightly from last week's reading. le

buffett name.'s face it, one thing that was in the article, he talked about that was also the individual investor opportunity. yes and no. i mean, he gets a lot of great deals, listen, from a lot of great companies because he is warren buffett. it is like if you are looking for investors, wouldn't that be the one guy you would want to invest? you can go out and tell everybody a, warren buffett gave me money. the days are gone with bill asman or maybe even carl icon that you wanted investing. buffett is the guy, and a lot of companies will do anything just to get in and. melissa: they will. the same time there was a new report from the ap out saying that families are hoarding cash, pulling money out of mutual funds, up to 50%. 15 percent more in cash which is trillions of dollars. it does not sound like a lot of money on a percentage basis, but does that cut to that old adage, be fearful when others are greedy and greedy when others are fearful? >> it does. but also says, we still have not recovered

buffett with howard w. buffet, "40 chances."r me. >> don't forget the stock tips at the end. [ laughter ] >> it will be a dated tradition. >> howard i want to thank you. you were good to your word. you brought back your old man and your son. it's been a terrific hour of television. i'm grateful to all of you. thank you very much indeed. >> thanks for having us. >> what a great hour it's been. thanks for the buffett family for joining me. that's all fours tonight "ac 360" starts now. ♪ >>> thousands of people have signed up. we know that people are getting through every day. it is not where we need it to be. it isn't as smooth as we want it to be. >>> plagued with problems, the white house doubles down to defend obama care's rough rollout. >>> she was the first witness to find her mother in the bathtub and to interact with the defendant so that's significant for us. >>> a doctor accused of murdering his wife so he could marry his mistress. you'll never guess the prosecution's star witness. the defendant's daughter. >>> and a mo

buffett with howard w. buffet, "40 chances."r for me. >> don't forget the stock tips at the end. [ laughter ] >> it will be a dated tradition. >> howard i want to thank you. you were good to your word. you brought back your old man and your son. it's been a terrific hour of television. i'm grateful to all of you. thank you very much indeed. >> thanks for having us. >> what a great hour it's been. thanks for the buffett family for joining me. that's all fours tonight "ac 360" starts now. tonight breaking news, a 360 exclusive, if you're wondering why you can't get the affordable health insurance promised stay tuned. i got done seeking answers from the woman in charge. he addresses critics that want her to resign and you'll see it here. >>> later, a little girl front in greece is she also the little ground lost in kansas city and this. >>> 911 emergency? theres an armed gunman at sparks middle school. >> and a man that ran toward the gunfire, not away, his story being told. >>> the exclusive chance to ask the question so many amer

you know what, i'm going with buffett. i'm going with buffett.t was a significant interview. >> do you believe that that was a change in some way? >> well, i just felt that was the first big time money guy to come out and say, yes, we can go over. >> listen to buffett on ""squaw" earlier this morning. >> we'll go right up to extreme idiocy but not beyond it. if it goes one second beyond the debt limit, that will not do us in. if it goes a year beyond, that would be unbelievable. >> there you go. "not do us in" is the new quote i'm using. it won't do us in as opposed to catastrophe. yesterday on "squawk," erskine bowles used very catastrophic terms. i think there are a lot of people who may be overexaggerating what happened here. if warren buffett says it's not going to do us in, am i going to tell you warren buffett doesn't know what he's talking about? >> they may be talking about different things. buffett may be talking about the equity markets. i got to understand context. one second bir, by the year andn he said a year. clearly if a year goes

they should listen to warren buffett. the company can't afford the legal bills anymore and that's the strategy. bottom line. i suspect the government will show no mercy for the bank that did more to save the republic than any other. somehow it doesn't seem fair to me. after listening to warren buffett, the prosecutions are simply a travesty of justice. when it comes to jpmorgan the justice department's line seems to be no justice, no peace. let's go to fehema in ohio, please. >> caller: boo-yah from athens, ohio. home of ohio university. >> love it. what's up? >> caller: well, i was wondering about ice. ice had a good run-up for 2013. especially this month. after november 4th acquisition of euronext do you think that there will be more upside for this stock or do you think the upside has already been built into the news. >> i think there will be much more upside. i think this is a great idea. i think you got the pulse. i should have been recommending this the whole way. i like the stock exchange. i like what they are goin

as sort of the buffett way.that opportunity still exist today, do you think? >> you know what, i'm amazed that the millions and millions of fans that warren buffett has. but i'm also stunned that i don't see millions and millions of professional investors that invest like warren buffett and that's a question i continue to ponder. he's so transparent about how he goes on investing, but we don't have millions of professional investors that go about it. and that's a big question for me. what do you think? why aren't there more warren buffett professional investors out there? >> you talk about the idea of unforced errors. >> yes. >> and my sense is that most investors by default have more unforced errors than they'd like to admit to. >> that's a bull's eye for me. i think there's a big difference between managing a portfolio of stock prices and managing a portfolio of businesses. and when you manage a portfolio of businesses, i think you reduce the number of unforced errors. when you're managing a portfolio of stock

buffett with howard w. buffet, "40 chances." me. >> don't forget the stock tips at the end. [ laughter ] >> it will be a dated tradition. >> howard i want to thank you. you were good to your word. you brought back your old man and your son. it's been a trifk hour of television. i'm grateful to all of you. thank you very much indeed. >> thanks for having us. >> what a great hour it's been. thanks for the buffett family for joining me. that's all fours tonight "ac 360" starts now. >>> a "ac 360" exclusive. if you're wondering why you can't get the health care promised in the affordable care act stay tuned. i just got done seeking answers from the woman in charge. she addresses her critics who want her to resign. you'll only see it here. >>> later a little girl found in greece. is she also the little girl lost in kansas city? >>> and this. >> 911 emergency. >> there was also a hero in that school outside reno who ran toward the gunfire, not away, to help kids escape. his story just now being told. >>> first up tonight, though, an e

ill fall back on the faith and credit of warren buffett. go through the 17th and i think the stock market might go down into that day. but i think we'll live to play again and panic would simply not be an option because of this thing certainly not, which is now looking more and more like just another political gambit, one that while certainly jarring simply can't be described as catastrophic until the bonds are actually in default. and that's just not going to be the case come october 18th. stick with cramer. ♪ [ male announcer ] when we built the cadillac ats from the ground up to be the world's best sport sedan... ♪ ...people noticed. ♪ the cadillac ats -- 2013 north american car of the year. lease this cadillac ats for around $299 per month with premium care maintenance luded. bny mellon combines investment management & investment giving us unique insights which help us attract the industry's brightest minds who create powerful strategies for a country's investments which are used to build new schools to build more bright minds. invested

well, billionaire warren buffett, his son and grandson have taken those words to heart.d, of course. so they are devoting millions to help feed them by teaching them better ways to grow more food. the buffetts are targeting places where not just weather and poverty are obstacles but war, as well. they sat down with our own poppy harlow to talk about it. >> your goal is to feed the world, frankly. >> that's kind of a big goal but i think we're -- it's a goal to shoot for. >> howard buffett and his son think the best way to fight hunger is to learn how to farm better. >> you know, when you think about that there's tens of millions of farmers that can't feed their families, what's just wrong. you don't have the infrastructure, you don't have the political leadership. you have corruption. you don't have the governance you need to do it, you don't have the knowledge and a way to distribute the knowledge. >> howard's father investor warren buffett has given billions to their cause. >> is the return on investment coming through. >> on my 82nd birthday, i doubled the commitment.

i fall back on the full faith and credit of warren buffett.h the 17th and i bet the stock market might go down into that day. but i think we'll live to play again and panic would simply not be an option because of this thing, certainly not, which is now looking more and more like just another political gambit, one that while certainly jarring simply can't be described as catastrophic until the bonds are actually in default. and that's just not going to be the case come october 18th. stick with cramer. check it out... over 20 million drivers are insured with geico. so get a free rate quote today. i love it! how much do you love it? animation is hot...and i think it makes geico's 20 million drivers message very compelling, very compelling. this is some really strong stuff! so you turned me into a cartoon...lovely. geico. fifteen minutes could save you fifteen percent or more on car insurance. > it's here finally, the season premiere of "american greed" the fugitives. the feds want them in jail but the russian mob wants them dead. who will get to

has done, a special a buffett deal, that is not a great deal. if he gets a buffett deal like in goldman sachs, bank of america. preferred shares with the dividend and all the rest, i've never seen him miss. this stock is outperforming. smaller declines than citi, jpmorgan, wells fargo. their expenditures are under control and it's only up 26% year to date. it's doing about as well as any financial stock could do. >> brian moynihan is like the unsung hero here. his project, his turn around plan, is gaining momentum and you're starting to see the signs of that. >> pepsico beat iing third quarr expectations. what are investors looking for? >> just like coca-cola yesterday, we're talking about diet soft drinks. the ceo said rapid, the decline in demand for diet drinks has come quicker than they anticipated, so when you look for them, also warren buffett said he likes the fact that pepsico not only has the drinks business, but a snacks business to off set. >> that is the key. the salty snacks is a key as well as the fact this is a great sandbag becau

this is a complete program of the lower classes to feed the ponzi schemes and warren buffett anybody calls the federal reserve bank a ponzi scheme is an event calling a federal reserve bank the next long term capital management which of course famously went bust and back in the late ninety's early two thousand you covered in your book extreme money and this is exactly the same thing but much bigger what was buffett think that is a good idea to have another long term capital management at the heart of the global economy in the world reserve currency das let me tell you something the people who mind don't matter and the people who matter don't mind and you quite correct this is no longer an economic crisis this is a political and social crisis about the bankruptcy of a system which basically does not want to confront the real issues all right to us well up down back on again soon to talk more specifically about australia where you are the second most famous economist and a still a das thanks so much for being on the kaiser if you want but if you just save us all right that's going to d

federal reserve is the greatest head fund in the world now warren buffett meant that as a compliment your thoughts oh well i think they are rich fund but then if you actually look at the consequences of that it's very interesting because if it is a hedge fund and eat essentially holds a lot of u.s. treasuries you can say that china is a huge friend as well because the chinese central bank truckload of these as well so basically when you talk about the underlying premise of it inflating bubble of credit well every official is jewish and which can do this and leverage itself up to the gills is a hedge fund we live in a hedge fund world and that's because we have never dealt with the fundamental problem that we needed to do it which is the excessive debt did driven growth the imbalances the entitlements nobody wants to deal with any of those because they. would be a drop in living standards and no politician anywhere in the world wants to go around saying well you know loose city of forty percent of your living standard so we try to do it by stealth by the mic and that's what we're seei

federal reserve is the greatest head fund in the world now warren buffett meant that as a compliment your thoughts are well i think they are a hedge fund but then if you actually look at the consequences of that it's very interesting because if it is a hedge fund and eat essentially holds a lot of u.s. treasuries you can say that china is a hedge fund as well because the chinese central bank truckload of these as well so basically when you talk about the underlying premise of it inflating bubble of credit well every official is jewish in which can do this and leverage itself up to the gills is a hedge fund we live in a hedge fund world and that's because we have never dealt with the fundamental problem that we needed to do it which is the excessive date did driven growth the imbalances the entitlements nobody wants to deal with any of those because they. would be a drop in living standards and no politician anywhere in the world wants to go around saying well you know at least city of forty percent if you're living standard so they try to do it by stealth by of the mic and that's wha

music from jimmy buffett. ♪ ♪ that people are finally getting together. ♪ ♪ i think it's wonderful nowre finally getting together. ♪ ♪ i think it's so groovy now ♪ that people are finally getting together. ♪ ♪ i think it's wonderful now ♪ that people are finally getting together. ♪ hi, honey. how's the camping trip? well, kids had fun, but i think i slept on a rock. what are you doing? having coffee. ah, sounds good! i thought you'd say that. ah. ♪ the best part of wakin' up... ♪ you're the best! wake up to the mountain grown aroma of folgers. ♪ ... is folgers in your cup! >> ellen: halloween is two weeks away but i'm starting to see giant spiders and men who tuck their sweaters into their pants and the best part is kids and costumes. fuhaven't figured out who your kids are goi to be yet, i have some suggestions. come on out. [applause] >> ellen: what's your name? >> cole. >> ellen: how old are you? >> eight. >> ellen: what grade are you in? >> second. >> ellen: are you married? >> no. >> ellen: ok. all right. and you are -- what is your costume? what are you? >> a wrecking ball. >> el

in an earlier interview we asked warren buffett what he believes is in store ahead do. you think that could happen again? >> i don't think it will happen again. >> you don't think that they'll use the debt creeling. >> if they do, they're losing their minds. no, the debt ceiling is silly to start with. congress appropriates money and they set taxation so it's their job to both create revenues and control expenditures and if they spend more than they take in, they're going to have to increase it. it's a political weapon of mass destruction and it's so crazy you don't want to -- both parties should say it's off the table. this givens them great tounlt to say, listen, we've been nuts in the past, we're not going to be nuts in the future. >> what happens in washington influences all of us. you have patty mary and paul ryan. democratic senate and republican congress. >> good people. >> what should they do in. >> work out something the best they can ta the two of them feel good about and then they should come forth and say this isn't perfect, it's going to make the guys on my

buffett. we appreciate it. many, many times that the debt ceiling should be eliminated as a political weapon. as we all know, this plan developed by the senate puts things off until next year. do you think lawmakers will again use the dealt ceiling at that time? >> probably they will. some of them -- i don't know how far they'll get the next time. but they've been doing it since the eisenhower administration. they say, you know what, we can raise the debt ceiling but went something in exchange. we want promises that you'll be more fiscally responsible and work harder to balance the budget. that has come up repeatedly over the years. and a lot of those democrats in fairness right now, who say that republicans are playing with fire, vote immediately and unconditionably to raise the debt ceiling, they themselves during the bush administration, they voted against raising the debt ceiling. as all of us know, president obama back in 2006 when he was the u.s. senator from illinois, he voted against raising the debt ce

if you could be the son of warren buffett or jimmy buffett, what would you choose?drunk on a beach eating cheeseburgers! why would you do anything different? !> cheeseburger in paradise >> have a good one. >> this. if thanks. start of the nba season a few days away, the fate of the lakers lies in kobe hands and those hands are resting comfortably in the lion?of a ahhh! >> kobe risking the hands. at the studio here in l.a. there is a lion they have on set. his hand up against the cage and lets the lion lick his hand.ng >> yo, lion. bad!d, that was that was so bad! is one of thesaid most insanely idiotic things i have ever heard. agreed. speaking of dumb, why the hell would kobe stick his money cages?in lion >> he's not interested in playing basketball knam. anymore. he's done. >> what are you talking about? >> nobody does that if theye in playingrested basketball? >> kobe has no fear. beeng cats and celebs have anding for years, sigfried roy and that hot chick from "anchorman." diaperls like a used filled with indian poop. attack.y panther our advice to you, kobe, st

warren buffett on the debt drama. before we go, please check out our facebook page at facebook.com/thefivefnc. we also have a brand-new website at foxnews.com/thefive. back in a moment. stay with us. when i first got shingles it started on my back. and i had like this four inch band of bumps that came around to the front of my body. and the pain from it was- it was excruciating. it made me curtail my activities cause i'm really an outgoing kind of a guy. and, uh, i like to play sports, i play basketball, i play pool. i did not want anyone to brush into me to cause me more pain than i was already enduring. i went to my doctor; he said well you actually have shingles. this is a result of you having chickenpox as a kid. it totally caught meff guard. i put the pool cue in the corner. i couldn't do those things anymore. the basketball- it caught dust. i wanted to just crawl up in a ball and just, just wait til it passed. some kind of... this is... an alien species. reality check: a lot of 4g lte coverage maps don't really

. >>> billionaire warren buffett says our elected officials are approaching the point of idiocy. bank customers notice their balance has grown by trillions of dollars. >>> now to other stories making news this morning. at least 114 african migrants seeking a better life in europe are dead after their boat capsized off the italian coast. some 200 more are still unaccounted for. the u.n. refugee agency says 84 migrants landed in the first half of the year alone. >>> new cell phone video, the group of bikers in new york city, you can see them blocking a gas station and riding aggressively. the wife of the man beat says her husband was forced to take the actions he did to protect the lives of the family. >>> a grand jury charges a montana newly wed with pushing her husband off a cliff to his death. >>> california governor jerry brown signs a law allowing undocumented immigrants to apply for drivers licenses. california is now one of 11 states that has enacted such law. >>> take a look at this rare two-headed calf. it is in vermont. vets say she is perfectly healthy. >>> turning to bu

in an earlier interview we asked warren buffett what he believes is in store ahead do. you think that could happen again? >> i don't think it will happen again. >> you don't think that they'll use the debt creeling. >> if they do they're losing their minds. no, the debt ceiling is silly to start with. congress appropriates money and they set taxation so it's their job to both create revenues and control expenditures and if they spend more than they take in they're going to have to increase it. it's a political weapon of mass destruction and it's so crazy you don't want to -- both parties should say it's off the table. this givens them great tounlt to say, listen we've been nuts in the past we're not going to be nuts in the future. >> what happens in washington influences all of us. you have patty mary and paul ryan. democratic senate and republican congress. >> good people. >> what should they do in. >> work out something the best they can ta the two of them feel good about and then they should come forth and say this isn't perfect, it's going to make the guys on my own

. >> a company of warren buffett -- scripps broke the story of lawsuits alleging berk sure companies slow paid claims to boost their own profits. the correspondent jones us right now live from washington tonight. great work. >> reporter: dove geef -- good evening to you. most settlements remain confidence but the company wanted to send a message with this one and refused to settle the case until they were prepared to announce large amount. the ford motor company sued berk sure national indemnity company over $20 million in unpaid claims, just the latest scrips uncovered nationally where many companies claim bad faith delayed or denied by berk sure businesses. berk -- berkshire offered $2 million over what the automaker asked for. >> the entire operation was driven by the target numbers. >> reporter: the settlement comes soon have the scripps obtained this testimony of bob burns. in august he described how senior executives wrongfully denied claims to hit their own financial targets instead of paying on the merit of the claims. >> it was extreme frustration. it was a reasonable settle

help me understand what a warren buffett recommendation should be. >> well they can't get everyone on board but do as much as they can raising revenues where it won't hurt the economy and i think looking at certain aspects of entitlement, if they want a means set of social security i am all for it. >> and a certain age too? >> probably. you can't look at with one part of a program without looking at the whole program. >> rose: right. >> but if they come up with a program i am 80 percent in agreement, with i will cheer them on, i mean nobody is going to be 100 percent in agreement. >> rose: and that is their job. i mean, that is their job, whether it is in this time frame they can get it or maybe that will help what has happened up to now but the job of the congress, you know, is not to be putting up debt ceilings and shutting down governments and doing things like that. the job of the government -- >> rose: they have to find a budget now and they have to do that so they don't have the debt ceiling crisis they had before. >> but the first thing i would do if i were patty murray and bri

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buffett, his comments ignore history. the leverage of the debt ceiling has been the times when we've come together as a nation and worked to pass plans that would reduce spending. we ought to do it now. you know, it's the president and harry reid who are saying they won't negotiate. the house republican position is we want to come to the table and we're being told unless the president gets his way, that he won't come. >> well, here is what i would say. >> quickly. last comment. >> let's not use the debt ceiling. we've authorized these bills. let's pay our bills. but let's pug a real budget together, get everyone together in a room, learn how to listen to each other, and get a real budget that puts us on the right track. >> thank you very much best of luck to you. nice to see you, this is becoming a special event. you can come back any time. >> exactly. >> i just want to let our viewers know as they head off into the sunset together, you want to stay with cnn for a special coverage on the shutdown. tonight on piers morgan,

. >>> billionaire warren buffett said our elected officials are approaching the point of idi idiotsey. bank balance grown by trillions of dollars, sounds pretty good. details in a few minutes. . >>> welcome back, everybody. stories making news this morning. new cell phone video of that group of bikers in new york city. you can see them blocking a gas station. >>> the wife of a man driving the suv, she is speaking out. she says her husband was, quote, forced under the circumstances to take the actions he did in order to protect the lives of our entire family. wnbc reports one of the bikers is expected to surrender. >>> a grand jury charges a montana newlywed with pushing her husband off a cliff to his death. 22-year-old jordan lynn grant will be arraigned in court today on charges including first degree murder. >>> california governor jerry brown signs a law allowing undocumented immigrants to apply for driver's license. according to the national immigration law, california is one in 11 states that enacted a law for immigrants to get driver's licenses. >>> take a look at this rare two-

does warren buffett support it? >> reporter: he does. we know he's democrat.bout that as well. does he think it's worth it given all the divisiveness that it has caused and will continue to cause. he does think it's worth it. it's not perfect. and we will move forward with it. he supports it but he did note what a fiasco the rollout has been. >> can't ignore that. hoppy harlow, many thanks. checking the top stories at 59 minutes past, for the second time in a week the police have taken a girl from a roma family. the police are searching for the parents of this girl. those two people are charged with abduction. >>> more americans than ever now support legalizing marijuana. 58% of you believe pot should be made legal. 39% say marijuana should remain illegal. support for legalizing pot surged ten points since last november. >>> that will do it for me. thank you so much for joining me today. i'm carol costello. "legal view" with ashleigh banfield starts now. >> live in a school bathroom, and a teacher's body found in the woods. police on the scene in danvers, mass

but remember -- >> i know where they are. >> buffett called -- i'm pretty sure lloyd called buffett. >> you are 100% correct. >> they needed him. but in hindsight, it's like oh, my -- how much money? how much money overall was it that changed hands there? >> $5 billion. >> to the benefit of warren. and what do you think the interest rate was for the time -- >> oh, it was huge. wasn't it like 9% or something? >> 9% or 10%. but then they had appreciation and everything else. >> i remember buffett talking, he had clocked it down to the minute about how much he was making down to the minute because of those preferred shares. >> i'm just saying warren government the best end of that deal? >> lloyd in other context had suggested this was a very expensive friendship. i was hoping to get lloyd to say that. >> he's politically correct. >> but there's no question that that investment, while expensive, has been a huge boost to the goldman sachs franchise. >> such a kindly, avuncular individual, talk about warren and just, you know, when -- if he's smiling and being real nice, just hold on to yo

that's what warren buffett thinks of congress using the debt ceiling as a tool. consequences of doing this again, maybe in a few months? people don't have to think about where their electricity comes from. they flip the switch-- and the light comes on. it's our job to make sure that it does. using natural gas this power plant can produce enough energy for about 600,000 homes. generating electricity that's cleaner and reliable, with fewer emissions-- it matters. ♪ [ female announcer ] some people like to pretend a flood could never happen to them. and that their homeowners insurance protects them. [ thunder crashes ] it doesn't. stop pretending. only flood insurance covers floods. ♪ visit floodsmart.gov/pretend to learn your risk. >>> welcome back to "the lead," live from capitol hill. i'm jake tapper. what do the titans of wall street think about a last-minute deal from congress? they're pretty bullish over it. but that doesn't mean that the oracle of omaha, warren buffett, didn't have a bone to pick. >> people play brinksmanship games sometimes, but it is totall