>> buffett: i don't think so. >> melinda gates: we're asking them to be bold.sking them to step out and to do something big. but a lot of them were already on their way there and just hadn't put a numeric number behind it. and i think now, also, the giving pledge has gotten going, people know that's the expectation. >> buffett: and we don't... we don't find a lot of people that say, "i want to join if it was 40%." ( laughter ) >> rose: some may say, "i'm happy to give much more than 50%." >> buffett: oh, most of them. most. my guess is that a very significant percentage of our... our members, i mean, way over half are going to give a lot more than half. >> rose: that's certainly true of the founders. the gates have already committed to giving 95% of their wealth away; warren buffett, 99%. they say that kind of extreme giving is needed because the rich have been getting so much richer. tech innovations and rising global markets have produced vast fortunes not seen since the industrial revolution. so what does warren buffett say to convince today's billionaires t

buffett?i see you've been talking to the people at cnbc. >> yes, sir, i have. >> well, we publish what we owned regularly. my plor's 99%. what i would like to do, i understand that you're being shown around goldman. i'd like to become your agent because they're going to try and sign you up. i think the two of us working together could make a better deal with lloyd than if he has you all to himself. we can get jamie diamond into the act and everybody competing for your services if we played this right. >> i think there is trey with mr. blankfine earlier in this week. he's also, mr. buffett, met derek jeter at yankees stadium earlier. been a great week for him. i have to ask you, i'm sure a guy like trey wonders what you're thinking on a day like this when the market is down 240 points. . what would you tell him? >> i like anything, i like, you know, if they mark down hamburge hamburgers, anything i buy, i like when it's marked down. so the lower the prices go, as long as you know the company's

>> warren buffett's secretary shouldn't pay a higher tax rate than warren buffett. >> buffett. >> buffett my friend, warren fuf bet. >> warren buffett. >> warren buffett. >> buffett himself has contributed $222,000 directly to congressional and presidential campaigns since 1997 and an additional $76,000 in joint fund-raising contributions from 2011-2012. most of that, more than $65,000 went to the obama victory fund in 2012. notably he supported hillary clinton's 2008 presidential bid and he also donated to her new york senate campaign in 2000. but it wasn't until last month he made his large contribution ever, a $100,000 check. he's never written that big million dollar check to the chagrin of some democrats. there you have it. omaha and wichita, the heart of the country and the home of some of the biggest billionaire big shots that influence american politics in many ways today. >> and that was chuck with today's tdr 52 on kansas and nebraska. up next, why sarah palin and some other famous faces may want to curb their enthusiasm for speaking out on national issues. we'll explain that. b

yeah i think the myth of warren buffett misconstrues the way buffett actually built his business andgerous i think people sometimes oversimplify what buffett really does and when you look at berkshire hathaway, and you look at the complexity of the business you actually find that what he has built is something incredibly sophisticated. this is not just simple value investing or stock picking sort of strategy. it is a very complex business involves what is very similar to a multistrategy hedge fund. buffett is built basically an insurance business that operates a lot like an option writing house. then he implemented all these sort of multistrategies around it that include derivatives and stock-picking elements of course and other elements much more sophisticated than average investor probably thinks buffett is really implement. so it is very difficult to replicate. that is the important takeaway about the myth of warren buffett. david: the second myth it is not so applicable in these times because the market has done so extraordinarily well in the last year-and-a-half but you have to

is buffett on the right track? well, those stocks certainly are.best way to play energy right now. gentlemen, welcome to this friday afternoon. jim, why don't you start here, and tell us what you think of energy more broadly, and whether you would follow buffett into any of those stocks or you have others you like. >> just to concentrate on the buffett portion, several years ago he made a large stake in conoco phillips. for him to be becoming back and increasing his focus, it probably means once bitten, twice shy. i do think there's probably influence from some of his managers, but i think it's a good thing. i think from my standpoint that warren buffett hasn't pensioned. some of these companies pay a nice dividend of the there's not many yields you can get with any appearance of safe yields. >> i know you have on your potential buy list an -- >> i do, ty. my favorite pastime is arguing with iuorio, but i'm not going to argue with him today. i actually like the xop, the oil and gas sdroifr etf. if you look at the gains, it's double the broad are ma

he said he'll go back and look for warren buffett later.checking in. >>> when we come back, the secrets behind a new video paying tribute to dare ek jeter and the mystery about the stadium in the background revealed in a momentment. (vo) friday night has always been all fun and games, here at the harrison household. but one dark, stormy evening... she needed a good meal and a good family. so we gave her purina cat chow complete. it's great because it has the four cornerstones of nutrition. everything a cat needs for the first step to a healthy, happy life. purina cat chow complete. share your rescue story and join us in building better lives. one rescue at a time. spressure points on my tired, achy feet. i had no clue i was putting this kind of stress on my feet. i have flat feet. i found this out at the free dr.scholl's foot mapping center. in less than two minutes, i got my foot map and my custom number. i'm a 440. i'm a 210. 340. that number matched the dr.scholl's custom fit orthotic inserts with just the right support to help relieve s

lou: and your reaction to the editorial, the op-ed piece today by bill gates, by warren buffett, talking about, and sheldon adelson, telling the american people basically you don't understand, we know what's best and you should be doing what the gang of 8 did in the united states senate and the republican party should set aside their values, beliefs, principles and do exactly what this president says do. >> largely their article focused on people who came for study. gained an advanced degree and if they want to stay and invest their talents, and you know what? i got no problem with us figuring out a way to capture the best and the brightest around the world. that's not what we're talking about, we're talking about hundreds of thousands of drug dealers, terrorists, people who can comacross with a rocket propelled launcher on their shoulder. that's what we have to be worried about, and nobody ought to be talking about the reform until you secure and seal the border. lou: and did you notice, governor, one omission in that op-ed, they didn't mention a single item of direct benefit to working

>> definitely warren buffett. >> yeah, i think warren buffett. >> just kidding. retweeted the photo sir paul himself, saying, just hanging out with friends. ♪ i get by with a little help from my friends ♪ >> can't a guy just eat his ice cream without being put under the micro scope like some kind of beatle. ♪ jeanne moos, cnn new york. >> there's something about that pictures, just pretty incredible? seven minutes and they thought they might miss them. john paul, the co-founder of patron, born to immigrant parents and now he is one of america's richest people. how his upbringing shapes the way he sees the border crisis. that is out front. anderson cooper 360 starts right now. >> good evening, everyone, thanks for joining us, there is breaking news tonight. a cease-fire proposal between israel and hamas. we begin with a report you won't see anywhere else. it's where every child's dream comes true, where you're supposed to feel safe and kids can be kids. you'll want to pay close attention to our story. as you're getting ready to pack the family van and head to cent

melissa: buffett and not mccartney. >> that kid got closer to them than we did to buffett in sun valley. >> really? only in america. melissa: that is fun. golden state could be going red. tech bigshots and political bigwigs are getting awfully chummy but not exactly in the way that you might think. weird al is back in all of his bizarreness. plus a long list of celebs calling out just about everyone in tacky new video. you seen this. pharell will not be too happy about this one. we w we fine money. colling up. melissa: huge week for tech earnings with intel and yahoo! kicking things off after the bell. let's go to nicole petallides on floor of new york stock exchange with more on that one. what is everybody expecting? >> melissa, you caught me laughing, all the traders on floor at same time got a flash flood warning in new york. all the phones went off, verizon and at&t phones went off at the same time. look at intel and yahoo! intel, the best performer on the dow jones industrial average this year which is up over 21%. today you could see it is up hoof a percent, setting new highs we h

while the reporter in israel looks like he's going to bang out his stand-up and then head to a jimmy buffett concert. they're a living political cartoon for the war in the middle east. the world has gone mad. is there anything that can save us at this point now, science, maybe, rational, reliable, factual, you'd never let us down science, would you? >> c.d.c. workers lost track of samples of a dangerous h5n1 virus. >> more than 08 workers at the

>> legit. >>> and warren buffett? >> they didn't care about warren buffett too much.e is a local there. it kind of begs the question, which would you rather be? an international pop star or one of the richest men in the world? which would you rather be? >> i don't know. i would probably take money and the anonymity. they wanted to get a guitar and get it signed but they ended up with this epic -- not a selfie but kind of a selfie. were they dispointed? >> totally dispointed by the fact the guitar and the album weren't signed. they grabbed a guitar and an album. teenagers nowadays kind of value this kind of social phenomenon and fame more than an ought autograph. it reminds me of katy perry wrote an op ed about how the music industry isn't dead. it is just changing. take a listen. >> yeah. i think a selfie is just as good as an autograph, if not better. it is with paul mccartney. >> not to mention that we talked to him and saw him in our own neighborhood. that we go to on a daily basis. >> i probably would have cried if he signed my guitar. that would have been a huge

this was a classic buffett deal.nge for committing a large amount of period ofor a long [ time able to get an 8.5% of it -- >> 8.5% dividend. >> yes. he has been getting that the last several years. there is a part of these contract that basically said that now could convert buffett 's shares into common stock if they traded above $52.72 for a 20-day window in a 30-day period. it is a little complicated but basically warren buffett tied up this money for a long time and he got a nice dividend for a while and that could be coming to an end with the dow shares trading up so i. >> he is making more than a penny. this is something that no one else can really get. buffett can come in and demand of these. >> he did a lot of deals during the financial crisis. he did a deal with goldman sachs, he did a deal with general electric. he has done many of these kinds of things over his career. the philosophy is to have money when others don't and be willing to make a big commitment, oftentimes on very short notice. >> he is not th

. >> i am hearing someone like ace greenberg or warren buffett -- there is a couple of folks that used to be around for a long , and so wall street go through a lot of changes. we do not have a lot of figures like that anymore. who are the big forces, the big personalities in the banking sector? ace is one of them. 70's and 1980's, a time of a lot of change. a lot of people before that -- it was very unique. >> wasted stay with jpmorgan afterward. this was his true love in terms of the business, the industry. for thes a spokesman industry throughout his career. e wasom was saying -- boon saying he had lunch with him a month ago, here in new york, and he said, i realized it was probably going to be the last time i saw him. he had gotten that frail, and the health had deteriorated that much. boone said, it is a sad day. i lost a friend and the industry lost one of its leaders. >> jon erlichman talk with him a few days ago, because he was a very active investor in various media properties. a real loss. michael moore here, and trish regan. before we head to the break, a statement from warr

warren buffett lives there. after dinner the famous posse headed for an ice cream parlor and the word went out. paul mccartney was walking around dundee. i report sir paul mccartney is in home haw. jacob murray saw an instagram post and called his friends. >> we went over there pretty fast. >> by the time we got there, the instagram post was seven minutes old. >> we didn't speed none at all, no, no, definitely no speeding. >> reporter: drew brought along his guitar hoping to get it autographed. luke clutched an abby road comp. neither got paul's snow shower. paul told drew to keep up with the guitar playing. this woman got a kiss from him for a 24th birthday. and tom caught the now famous photo. you know my favorite thing about that picture? paul and warren buffett look like they're sitting on a bench waiting for a bus. >> it does seem kind of an odd couple. someone joked that they saw it was wax figures i took it with. >> reporter: tom says of course i know who both men were. who was more of a thrill to see? >>

>> well sh, you know, when i wa talking to warren buffett about this the other day, he said that there is no reason that you should be working so hard. just let the dividends flow in, and sit back and go out on your yacht and so forth. what a ridiculous thing to say, and incredibly condescending sneering thing to say. what a joke. i mean, most people do need to work as many hours as they can to pay the bills and feed their families and themselves housed and fed. it is so ridiculously condescending and joke, and this is an idea floated in the great depression, and idea floated forever. it is a ridiculous idea, but i guess in the worlds of multibillionaires, you never have to say you are sorry. >> all right. i will put you down as a maybe on it. >> and dagan, talking to my friend rupert murdoch, and i'm telling him, rupp, here's the idea, i want to work half as much, and get paid just the same. and tell us your thoughts. i can see him doing this with my contract, and you know the point is really? >> well, i have toed a a mitt i get this, because i have always wo worked for the companies

>> get warren buffett to manage your money, you're a lucky guy. >> powerful business block. >>> only 40 million bucks, get a $7 million bonus. guess who's eating that bill. good morning, i am liz mcdonald. uncle sam doling out cash prizes to states wasting the least food stamp money. you heard that right. now time for federally required work requirements to chuck the food waste. sabrina, fix the waste, making it harder to get food stamps. >> absolutely. none of us begrudge people that fall on hard times, all of us imagine what that might be like. but the safety net is terribly broken. supplemental assistance program has doubled in size since 2007. it is now helping 47 million americans. there's someing wrong if one in seven americans depend on food stamps. >> good point. michael, this debate often is derailed by people that think we don't want to help widows, orphans, children. that's not where the debate sits. we added the equivalent of new york state in the last decade to the food stamp rolls, it is now about new york and texas combined. what is the problem here? what's wrong? what

he came bonn warren buffett and paul mccartney.what most would do is grab a selfies. >> he has a thumbs up. >> i would be checking for change under the bench. >> i would be asking for autograph. >> or a job and change. >> can you believe harry met sally is 25 years old? >> you saw -- >> how would was i then? it seems like yesterday. >> you netflixed it. >> this is the scene we know about. when she goes into the -- yeah. and he goes i'll have what she's having. the director said megaryan was nervous about the orgasm scene. he had to show her how it was done. >> i'm sitting there and i'm pounding the table and i'm going yes, yes! i'm going the whole thing. then i realize this is -- i'm having an orgasm in front of my mother. >> that's fantastic. his mom was an extra. >> right. she was in the back. >> we go from that to someone losing their foot? >> you're young. if you're in your 20s you have a rare medical disorder. sooner or later you're going to lose your foot. and eventually the gentle maman foot got worse and worse. he dwdsed to

bill gates, warren buffett and sheldon ed lson are voicing their opinion on the immigration crisis. they write while each of them has different opinions on immigration reform, they could come together and draft a bill they all accept. they say washington should be able to do the same. >>> much of florida's congressional map should be changing after the judge called it unconstitutional. republican political consultants or operatives did, in fact, conspire to manipulate the redistricting process. this unverified photo is making its way around the internet. it appears to show bowe bergdahl smiling next to a member of the taliban, unclear when the photo was taken. >>> brian williams pointed out yesterday that last year's government shutdown on washington had one positive development, nine months after the fact. >> the folks at the hospital in washington are reporting live births are up right now on average by about three per day. how long until someone on television points out that during the shutdown, the folks in washington are apparently doing at home what washington has been accused

melissa: go big or go home, warren buffett bringing the donation came to a new level beating his thenrd. time warner may have turned down an $80 billion deal but investors are not too bad at that. we will tell you how pretty the ceo is bidding today. you can never have too much money. melissa: whether on wall street remains figures is making money, anyone with a piece of time warner. shares of media corp. spiking after rejecting a buyout deal from 21st century fox passing up 18% on a day. the ceo jeffrey fuchus made $54 million today. not bad. giving away money, warren buffett, beating its own personal record donating $2.8 billion charity. $2.1 billion going to the bill and melinda gates foundation in the way of 16.5 million shares of berkshire hathaway stocks. the generous gift knocking warren buffett down a notch to number 4 on the forbes list of the world's richest people, losing money, horror movies. scary movie ticket sales plummeting drastically despite a boost in box office last year. not one more movie has been number one at the box office this year. the new horror flick anarc

off "new york times" op eds from warren buffett, bill gates calling for congress to act. you say this crisis, this particular border crisis from these countries, the children over the border, has made comprehensive immigration reform even harder. >> i think it does make it harder. as you know i'm a supporter of comprehensive immigration reform, but i think it makes the argument of a secure border that much more difficult to tell the american public. when you're seeing kids cross the border, in actuality, these kids are turning themselves over to border patrol agents because they want to be apprehended and then processed and then sent over to their families -- >> you could argue that the border is secure in that spot. the border patrol is right there. it's the internal policy that's broken, not necessarily the border right there, ana. >> it's policies in central america that are broken and policies in the united states, immigration policies that are broken. part of what's driving this is our broken immigration policy in the sense that there's a lot of parents here with kid

. >>> paul mccartney and warren buffett go out for dinner. sounds like a riddle and this happens. tonight this teen-ager says he is a life well lived deserves a beer well brewed. fewer calories. fewer carbs. more refreshment. it's what makes a superior light beer... superior. michelob ultra. so you reach for inute like something better.do something. fewer calories. fewer carbs. more to experience. michelob ultra. the superior light beer. the mustard seed that makes french's yellow mustard. 100% natural from me to you. with 40% more free, there's more to love. french's. naturally amazing. that's notthat's dirt r carpet, creeping in. send it running with resolve high traffic foam. its foam power removes three times more dirt than vacuuming alone. all while neutralizing pet odors. don't just vacuum clean . resolve clean. teenager in omaha. here's the firs >>> he'll likely be taking in this in for show and tell. >> this is the picture of a lifetime for one teenager in omaha and here is the first reason why. that's business mogul warren buffett and here's the 2nd reason, beatles allege

maybe you think you have little or nothing in common with warren buffett, bill gates, sheldon adelston. running a joint appeal for immigration reform they pose a version of a question i often ask in our staff meetings why do we have a big government if they don't step up and solve big problems. they are paying 535 people to take care of the legislative needs of the country. we are getting short changed. the three men wrote friday in the "new york times" it's time for 535 american citizens to remember what they owe to the 318 people who employ them. gentlemen, well put and good lucks. buffett, gates and adelson want sweeping immigration reforms, not happening, not this year but the most pressing question is can the president and his critics especially house republicans get past the war of words we've seen in the past week and find common ground how to deal with the pressing border crisis, molly ball, the surge of the undocumented children. they're talking at and past each other. there seem to be some seeds of compromise. will they get it done? >> i think this coming week may be the week

. >>> paul mccartney and warren buffett go out for dinner. sounds like a riddle and this happens. tonight this teen-ager says he is just chilling with his homies. ,, no rush, andy. ,, come on. with the chase mobile app you can get a lot done in a little amount of time from transferring funds wait a minute. you've got to be kidding. did you guys see that? that ball was out. to paying your coach for adding five miles per hour to your serve. that ball wasn't in. get your eyes checked. help me out here. download the best mobile app today. so you can always have the advantage. chase. so you can for the freshest produce you want to be close to the people who are close to the land. that's why safeway works with over 150 local growers. the folks whose hands are in the soil. planting and nurturing the kind of delicious produce that gets delivered daily to safeway. so there's more local produce to love. like this week, locally grown driscoll's organic strawberries are just $2.50 a pound. teenager in omaha. here's the firs >>> he'll likely be taking in this in for show and tell. >> this is t

warren buffett and bill gates slammingn op-ed, congress for immigration gridlock. cook has more on their message and the likely response from congress. these three don't share political views on a lot of things but they do agree on immigration reform. bill gates has been given to both sides. ive on this act issue. they're pretty blunt on their assessment. the thing congress dropped the ball bunnies to do something for the good of the economy, good of the country. of american citizens are paying to take care of the legislative needs of the country and we are getting short changed. they say it is time for the house to draft and pass a bill that reflects both our countries self interest humanity pain of -- and humanity. pretty straightforward message. the reality is despite the power players involved they are likely to get the same reaction of other top business players. republicans see midterm elections within sight. they see the chance of taken the control -- of taking control of the senate. will be read by a lot of people in washington it will not have a big impact

warren buffett, oprah, tyler perry, bill gates started with nothing.it is readying you cannot win that is where i have a problem with our present and because he says he does not believe in freedom or capitalism but what he really says bill whole philosophical argument is we have to move to government intervention to prevent this unfairness. john: lecter household said, americans have gotten richer. seven and a $50 but in today's dollars that is 20,000. 1947, 31,000. today it is 62,000. >> my first year out of college and 80,000 and three years jittery to of hundred 50,000 an extra 96,000. do you know, whose fault that was? might. every one of those was my fault. i am in the environment and i believed but it is not a crisis of inequality but a crisis of belief we can go into the marketplace to bring in an end to resell them the idea they cannot succeed resell them that socialism is the answer. john: i had to parents. i could go to a good high school. many people have a harder start. >> absolutely. people start from different places we all have different

buffett's getting an investment into goldman sachs." so what does rajaratnam do?e loads up on goldman sachs stock, and when they announce it that evening, he's able to make a lot of money. >> buffett's berkshire hathaway is now saying it is buying a $5 billion stake in goldman... >> $5 billion of preferred stock... >> it's a huge surprise... >> the next day, raj gets on the phone with one of his traders in asia, and he's so proud of himself. >> narrator: prosecutors allege that gupta had a financial interest in passing rajaratnam insider tips. he was convicted on insider trading charges, but is now appealing. rajaratnam was convicted and is serving an 11-year sentence. >> smith: there's a picture i've seen of you with rajaratnam under arrest. put me in the moment. >> there are two sides to that, where this was a culmination of the amount of work that we put into it, but the other side, the bigger side for me, was that, based in part because of the galleon investigation, we still had a tremendous amount of work to do. so it wasn't, "we made the arrest, now it's ove

out there and buy a share in some publicly listed company hoping that they too can emulate warren buffett all that's going to be wiped out by the koch brothers and the buffets of the world the private equity. am artists are going to take it all private and that's what these it's going to become be told when oligarchies you know america's a clip talk oligarchies well finally he says here that if this price today is fairly price as a usa today article says interest rates would need to stay zero until twenty forty that is the only way they're fairly priced ok i'll go along vomit futures because it's a long way to fill the grand canyon with with pure unadulterated spirit to stay so you've got to go. q my sorry state of the second half a whole lot more. i would rather ask questions to people in positions of power instead of speaking on their behalf and that's why you can find my show larry king now right here on r.t. question or. the a supply problem is terrible and they are legendary hard to make out a letter to get along here is a plot that never had sex with the target their lives let's pla

out there and buy a share in some publicly listed company hoping that they too can emulate warren buffettall that's going to be wiped out by the koch brothers and the buffets of the world the private equity scam artists are going to take it all private and this is what these it's going to be could be told with oligarchies you know america's a clip talk oligarchies. iran like syria has been george very harshly on the leads on to the constant change so isn't it justified the game in if not pursued him for a weapon down raising to spectrum of personal level would lead to one you know in the same time you see where he's developing nuclear weapons in the homes. you said you did do you want to see these are being. made up and so i'm used to we we would be stupid not to take you. welcome back to the show now the four percent growth that we saw in the second quarter could be a sign that the u.s. economy is finally finally turning a corner yet all the door at the same time we're still climb back from heart contraction in the first quarter so i guess that equals out so how healthy is the recovery t

out there and buy a share in some publicly listed company hoping that they too can emulate warren buffett all that's going to be wiped out by the koch brothers and the buffets of the world the private equity scam artists are going to take it all private and that's what these it's going to become you talk about oligarch you know america's a clip talk oligarchies well finally he says here that if this price today is fairly priced as the usa today article says interest rates would need to stay zero until twenty forty that is the only way they're fairly priced ok well go long vomit futures because it's a long way to. fill the grand canyon with with pure unadulterated spirit to stacy got to go. states over the second half a whole lot more. i'm happy martin the stories we cover here we're not going to hear an iraq story it's true that while some talk there is a reason they don't want to now or to tell friends that we should be completely out now let's break the set iran like syria has been george very harshly and it leads on to the constant sad. isn't it justify the in if not pursuing him for a

>> guest: warren buffett secretary and we have heard this all the time.warren buffett is making millions in pays a 15% tax on it in his secretary and i'm sure she gets up my salary so without my salary she is paying 40% of the top rate. it doesn't make any sense. i'm someone who has been very blessed. i love to work. i work hard and i get very little in the wave investments. i can't remember the last time i paid game on a piece of capital investment. i have a fair amount of income coming in for labor and guess what? i get taxed to the hilt. so you just have to work, for me i have to work that much harder. when you have kids you don't have a choice. or for a lot of people they say what's the point? why my doing this so it is a discouragement for a lot of people. >> host: at a certain point do you risk social instability? >> guest: well the point you are making when you have people who are making huge amounts of money like these hedge fund operators and they will be taxed at 15%, and for the quote work they do. and if you are working for that hedge fund ope

how many 16-year-olds who know warren buffett? 16-year-olds who want to be rich. >>> turning to weather, siberia is known for its extreme conditions but not quite like this. >> oh, my goodness. beachgoers desperately running for cover after a storm moves in and drops cherry-sized hail stones. people had to hide underanything they could find. officials say the hail pounded that beach for 15 long minutes. >> the weather has been unusually extreme across much of russia this summer. they rarely see it during the summer months. that is truly bizarre. somewhere vladimir putin was off wrestling a bear. he was unaffected by it. >> you bring a swimsuit and metal screen. >> have you ever seen anything like that? >> not quite like that. i've seen huge hailstones. that's why i prefer going to santa cruz beach compared to siberia. we've got unusual weather in the bay area but nothing quick like that. we have monsoonal moisture flowing through the area. no reports yet of rain hitting the ground but over the sierra, what an active outburt of aft

. >> yes that is, sir paul mccartney and warren buffett in the background.white's friend took it outside of an ice cream shop in omaha. he was in town for a concert and no word on why the two of them happen to be chilling outside of an ice cream shop. >> you think anybody else has called warren buffett their homey? >> probably not. >> save that feeto. >> still to come -- photo. >> still to come, a 7 on your side health alert. the two things medical researchers say could cause you to gain an extra 11 pounds in one year. >> and sustainable homes. >> i'm kris van cleave in the newsroom. it starts with a phone call from a person claiming to be a sheriff's office lieutenant. he's not, but what he's after is your money. that story is coming up. >> but first here's a look at what's coming up in abc prime time. >> fairfax county is warning about a new phone scam that tries to exploit the power of the police and resident's fear of breaking the law. >> 7 is on your side with what you need to know to protect yourself. kris van cleave spoke with a man who got one of the

you asked what warren buffett would advise the pepsi shareholder. a research analyst on about a particular stock, you guys put that big chart up that he doesn't own any stock, his wife doesn't own any stock, he never thought about owning the stock and so forth. you bring warren buffett on and ask him for advice on pepsi, and you never tell the audience that he's the largest shareholder in coke. you never tell the audience that he's been on the board forever. and now his son is on the board -- >> his son's on the board right now. >> i was going to finish the sentence, his son's now on the board. >> i think we do tell people that. >> you know you and i had a telephone call about it -- >> that one day, but most people know. >> now. now they know. now they know. but i want you all to know that. next time you get pepsi advice from the largest shareholder of coke. bear that in mind. >> before we let you guys go, let's talk, just m&a deals, sort of where we are, if you will, because it feels like it's getting a little frothy. i'm going to start with just t

delicious then you will quote well the dark moon which of you is in for more than bill shorten i think buffett's just now on the wall with both when you get the bill and you know me i do know a really good. month if i didn't give. me the once go over the new phone and longs got a lot. though when you credit but don't mention if someone is the been big dumb ol fullness to you you mean unless could lead you would someone to talk about the need to launch large and then you yanks some he's not that the would you can take the view that oss not good yet. so i chose to poach but only just now that he's put the next on the desk to do it. shows just someone will come by and be will be due to give us some of them and be liberal force to prevent them in the gym pool chat so many funny stews just shot in the shuffle chance and move on with my mental acuity . below. a bunch of these. from the. like just. because they are central america. with the federal. government not. the new beginnings that just goes. about what it's about what it was done with the money and what was it mostly due to . it but i used it t

sheryl sandberg of facebook, they are all there warned buffett. >> we go to this private thing and wen and all the sudden we were getting pushed around and i told them in very colorful language-- liz: what were you saying as you were pointing your finger? >> the next morning this is what happened. the next morning this guy who i told not to touch me the night before-- the next morning he came up and started screaming at one of our producers, 8'52" woman who was a hundred pounds and i told him what he should do to himself essentially. liz: oh my gosh. >> gawker is writing about was tipsy-- do you know they have lawyers at gawker because they said possibly tipsy. my wife read that was laughing because everyone knows when i have a few in me i'm nice. [laughter] not tipsy at all. that was me doing what some other media should do is stand up to brutes. this was a bully and i stood up to him. this is the first time gawker has ever taken the side of the new york police department. i like it. >> i'm going to put that on my facebook page and twitter feed. liz: is a media conference that shuts

buffett better known for giving to democrats. these are three people who resonate in washington.huge players in the business community. this op-ed is really blunt. they are talking about immigration reform and the failure of congress to act. let me use a quick russian of it it.t -- part of " it is time for the house to draft a bill. differences with the senate should be hammered out. they are making the case a lot of business ceo's have. imagine they will be able to move the ball all that much right now, because the attitude among republicans in the house is, we are about to do well, probably take the senate back. why should be rock the boat and try to jeopardize that in any sort of way? i do not think this will resonate in the same way that other ceo's have resonated. the other thing to watch here is adelson's participation. if he puts his money where his , this op-ed could mean a whole lot more. >> what is it that buffett, gates and adelson say they are most worried about? illegal immigrants into citizens who can contribute over the long term to america, and the humanitarian cr

apple and warren buffett are among the top 20. >>> the recall of more than 100,000 vehicles because ofety vehicles, the vehicles affected are here on your xroon. the auto maker is here with a part called a half shastd and it could lead to a break-in problem. ford will notify owners about the affected vehicles by mail and they will repair the vehicles for free. there are no injuries because of this problem. >>> one new look is coming to a site involving a fall and basketball star. the hank gathers rec center, it will bear his name on the west block of diamond street in west philadelphia. it's part of mayor nutter's push for more green spaces for kids to play. hank gathers died in 1990 while playing basketball at mar mount un >>> time now for the accuweather forecast at the accuweather big board. cecily tynan is live. >> you can see the hads haze out there, we have dew points in the mid-60s, and it's muggy and hotd and we have two days of this, today it's 94 and that is 7 degrees above normal. if we hit 90 tomorrow, this will be the second heat wave of the season, we are calling for a hi

all right folks i do want to mention before we head to a break a statement from warren buffett saying that he was a wonderful friend and always fun to be with. coming up, the man that greenberg called the foremost banking attorney in the country. the man who helped bear stearns . >> this is taking stock. i'm carol in for pam fox. we're discussing the life and legacy of ace greenberg. he helped build bear stearns into a giant. when things did collapse he counted on attorney rodge cohen to help find potential bidders. he knew him well joining us now on the phone. thank you for your time this afternoon. you did know ace well. and you knew him on a professional and perm level. tell us what he was like. >> well, this was one of the great investment bankers of his generation and i would say he was one of the greatest human beings. he was an extraordinary fill an thropic individual, a kind individual. but i also got to see him on three or four occasions where the ability to say no and the courage to say no was critical. and equaly in the final phase of bear stearns the courage to say yes was

when was the last time you saw buffett and a rock legend together like that?m "up" in that cartoon whose house goes up. they remind me of each other. the cartoon. i hope i'm not alone. >>> well, coming up, a challenge from parents to parents is going viral, exposing the dangers of hot cars in the summer. >>> also ahead, satisfying the world's fascination with gorillas. new insight into how and where they live. and it's not as simple as you might think. >>> and later, satisfying the sophisticated palate of san francisco 49ers fans. check out the gourmet food to be served at the new football stadium. that's what i'm talking about. what a treat. you're watching "world news now." ♪ for the dinner bell the dinner bell ring ♪ ♪ dinner bell dinner bell ring >> announcer: "world news now" weather brought to you by tide ultra stain relief. tains. but we have these three beautiful little girls, and they make us look like amateurs. so i'm living in a world of tiny sweaters and dolphins and weird greasy mystery stains. i'm gonna get you. but this new tide ultra stain rele