carly fiorina, former chairman of hewlett-packard.up here on "worldwide exchange" we'll bring you the latest on j.p. morgan's trading losses, and diageo's investment plans. everything in just a minute. [ male announcer ] we began with the rx. ♪ then we turned the page, creating the rx hybrid. ♪ now we've turned the page again with the all-new rx f sport. ♪ this is the next chapter for the rx. this is the next chapter for lexus. this is the pursuit of perfection. all in one account. keep watch on the markets. or use our exclusive tools to help find ideas. it's powerful, easy-to-use technology for trading stocks, options, and futures. keep trading whether you're at home, in the office, or on the go. optionsxpress, the broker smart traders deserve. open an account today at optionsxpress.com. >>> welcome to "worldwide exchange". if you're just tuning in, i'm kelly evans. >> these are our headlines. >> european stocks are up as investors await the outcome of today's ecb meeting. >> according to the "wall street journal" the fed is weighing

carly fiorina, great to see you as always. coming up tonight, stocks plummet on a pile of bad news. yeah, yeah, yeah. disappointing jobs, downbeat data from china and europe. but the dow gives up all its gains for the year. i'm sorry about that. but when the carnage looks the worst, sometimes that's when investors should think about coming in. to the victor comes the spoils. let's be risk takers. because don't forget, free market capitalism is the best path to prosperity, and that includes risk taking. i'm larry kudlow. we'll be right back. let's have keystone, for goodness sakes. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve ty, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. what happens when classroom teachers get the training... ...and support they need? schools flourish and students blosso

well i would give you two names meg whitman and carly fiorina and meg whitman is a billionaire carly fiorina here in a multimillionaire they ran for governor and senator from california respectively using their own millions while only outspent their opponents and they both lost now it may be that they're the exception that proves the rule i mean there's no disputing the fact that the supreme court has basically turn america into a banana republic when it comes to politics and you know whoever's got the most money and whoever's willing to be the most corrupt and frankly tell a biggest lies sometimes will win but i still have a lot of hope that america will wake up and that grassroots movement movements will have a significant effect on the coming elections that come out of the night comes from glenn in ohio he had this reaction to our recent special edition of conversations of great minds with. money. i listened to your. interview shocking i want to know. why can't we put these dead politicians on trial just because they're dead doesn't mean that the world should know their. crimes cap

joining us with some perspective on cook's leadership, carly fiorina, former ceo of hewlett-packard, od morning. good to see you again. >> good morning, carl. good to be with you. >> you've done this kind of thing before. although it's widely accepted that apple does it their own way. what's important for them and how do they approach, as jon just suggested, the strategy of letting developers know enough, but not so much that they give away the farm? >> well, first, let's say that the transition from a founder-led company to a company led by a professional manager, which is what apple is going through, is always difficult. it's particularly difficult in silicon valley where founders are iconic. and it's exceptionally difficult at apple where steve jobs defines the icon of the founder. i think tim cook has done a terrific job so far. i think tim cook is his own man. he is his own leader. he is acknowledging that apple is a huge company today with a very broad and diverse shareholder base that he needs to pay attention to. he demonstrated he's his own man by making decisions like decidi

vote against that at least they do in california such as with michael huffington meg whitman and carly fiorina if i were dictator of the world one wouldn't be allowed to have an estate worth more than a few million dollars it would be tax progressive so they could accumulate massive wealth we're learning a lesson here well you know huey long talked about that at some length back in the in the early part of the twentieth century and he got pretty popular for i mean he basically said let's put a cap on wealth period let's you know somebody as i recall his first proposal was five million dollars which today would be about fifty million dollars and he was like you know anybody who's got more in that. it goes to the government and it what does the government do with that money it destroy it redistribute it to all the poor people so that everybody comes up a little bit and lets just like kind of balance things out it was actually very popular his every man's a king speech. i can't imagine it happening today though. that's it for your take my take tonight if you like your comments and questions here

thanks for having me. >> carly fiorina.nsky standing by in london unshaven, waiting for the news of the day. we'll be with him in a few minutes to talk about what he's been through. the close in europe, ten minutes and change to go. back after the break. schools flourish and students blossom. that's why programs like... ...the mickelson exxonmobil teachers academy... ...and astronaut sally ride's science academy are helping our educators improve student success in math and science. let's shoot for the stars. let's invest in our teachers and inspire our students. let's solve this. would you mind if to be i go ahead of you?omer. instead we had someone go ahead of him and win fifty thousand dollars. congratulations you are our one millionth customer. people don't like to miss out on money that should have been theirs. that's why at ally we have the raise your rate 2-year cd. you can get a one-time rate increase if our two-year rate goes up. if your bank makes you miss out, you need an ally. ally bank. no nonsense. just people

he won you know in that every time he thought he was completely outspent by and mega millions carly fiorina to get you know i mean even though it's not only of the suctions they're not the rule and but by and large the people who spend the most money when they look i mean but then you have also if you're going to i think you off the in take into account the amount of media coverage you know there was one network asked him if he that was you know twenty four seven that was honest and so you know joe was a right winger on that or not in the right where are you going now is i want to go with this twenty four seventh's fox i watch i watch i watch him as n.b.c. every evening and you have matt out you know who are the donald got a thrilling drum for wisconsin and i think that like he like even thing more speech is good and i think i don't think there should be some balance on us embassy and i don't think there should be a balance on most obviously or on fox i think that if that's what their viewers if that's what their viewers want more power to him yeah ok you know that none of that addresses th

. >> there is carly fiorina's campaign ows people who worked on the campaign showing it ows 492,000ses today more than two dozen skpridz businesses. several people say there is very little communication. this could be problematic and she's now a co-chair of the committee raising money for the senate candidates. >> there are parent protestors camped out since friday. and the school is located on grand avenue. the group protesting a closure of four schools including lake view. they're holding classes for a handful of students. >> he hope the police force there. we believe if tony makes that call he's going to put families in a bad, you know position nobody wants to be n it's unnecessary and shouldn't do it. >> and district officials say resources are spread too thin and the school closures are in the best long term interest of all students. they consider arrests to be a last resort. >> and this next story is amazing. a vacation fund growing quickly for a school bus monitor viciousry bully bid middle school students. a family friend of karen klein began the drive after this video went vir

. >> carly fiorina early this week or perhaps late last week and said according to rim, they have fallen behind innovation curve. first and foremost is that the bottom line of this story, they have just been passed and are too far behind to catch up? >> that's definitely part of it. they have lost touch with what customers want. frankly it's difficult when you don't have that and you produce products not that appealing out there. in the past they could hang their hat on being profitable. now they have a risk of losing money. that gets to be obviously a big problem. >> shaw, let's play a game. indulge me. it's guy by the way. some of the parts, what's this worth, cash on the balance sheet, patents worth something. and my sense the hardware of the phone is worth something. so if you add it together, what should this stock be trading if you did the back of the napkin type thing. >> we did an analysis a little while ago and, you know, at the low end of the range we thought the stock would be where it was, $8, $9. that's assuming $4 in net cash. the issue is they are likely going to start bur

so i would hope that somebody like nick ki hayly on that list or meg whitman or carly fiorina or strongsome of these individuals are in fact already being vetted very seriously right now. thanks, nicole. thanks for coming in. >> thanks, wolf. >>> successor been in office now for more than three years, but americans are still blaming george w. bush for the bad economy. jack cafferty's got more on this question, is it time to move on? and innocent looking packages that conceal very dangerous designer drugs blamed for some horrifying acts of violence. >>> jack's back with the cafferty file. jack. >> question this hour, wolf, how long will we blame george w. bush for our problems? david in virginia says until we get out from under the disastrous consequences of his presidency, bush is em blematic of a winner take all, i got mine, screw you attitudes that have destroyed the futures of so many people. it's going to be a while. bush will continue to be blamed as long as it's politically expedient to do so. doesn't matter if it's true or someone else comes along and makes the situation worse. d