charles evans. mr. vans was placed in lockup and did extensive lockup time for assault on officer may. he was released from lockup and went down to general population. a couple of days ago he got involved in a verbal altercation with an inmate that led to also some verbal confrontation with staff. he was placed down in lockup. he's saying once again he's in fear for his life. >> he's been all through this once before with him and placed him in pc. we have acquiesced to every request he's tried to make and we've placed him all throughout this facility. >> he's been a problem since literally the day he came in. we'll do what we we can do but he'll be a problem until he gets out of here. >> the next day warden ivey discusses an incident that landed him in segregation. >> tell me what happened. >> i was standing right next to him, warden. working out at the same time, tells the lockup, corporal keys don't belong on this floor. >> hold on. wait a minute, wait a minute. corporal keys is a supervisor so he can

that's the allegation from the chicago fed president, charles evans.s we go into it, we'll show you where we stand with european equities right now. the ftse is negative, the cac and the xetra dax fairly flat. u.s. equities had a strong finish yesterday. the dow and s&p up over 1% each. the nasdaq up 1.7%. eight out of ten sectors were higher for the s&p 500. futures right now, suggesting we'll dip down at the open or be fairly flat. the dow is currently six points below fair value. and the s&p 500 is also around two points below fair value. we'll take a short break. the second hour of "worldwide exchange" is approaching very fast. we'll have it for you in under three minutes. huh, fifteen minutes could save you fifteen percent or more on car insurance. everybody knows that. well, did you know bad news doesn't always travel fast? (clears throat) hi mister tompkins. todd? you're fired. well, gotta run. geico. fifteen minutes could save you fifteen percent or mor >>> the headlines from around the globe, more signs of weakness in china. investors shrug of

james bullard and charles evans speak later today. as for economic data, just one report. february consumer credit is out at 3:00 p.m. eastern. and later this week we'll get reports on import prices, ppi and minutes from last month's fed meeting. >>> joining us with his thoughts is the president of macadia asset management. ken, always good to see you. a very good morning to you. >> good morning. the weather's getting nicer here, it's beautiful. >> finally, you are thawing out, like the data. >> absolutely. it's beautiful out. >> so look, like the data you're starting to thaw out, ken, the jobs number is no big surprise. where does this leave us in terms of the macro backdrop for investors in a market that seems to be struggling with its value? >> i don't know if the word is struggling or maybe consolidating its profits. i mean, we've had a great run for the last five-plus years. i think that as we look at the jobs number, i mean, a lot of the market was waiting to see whether the previous couple months would depress because of weather in the northeast as we just mentioned

charles evans hughes, elihu root, henry stimpson -- they were all wall street people who went to washington. i think it is true that at the end of that period -- i think that period has ended. the last wall street secretary of state was cyrus vance. they don't churn them out anymore, and i think there are reasons for it. but at the end of that period, i think the blood was running thin. there was the big book about the wise men that came out a few years ago -- about dean acheson and averell harriman and john mccloy and all those people -- and they were sort of the culminating generation of this type of man. i think, on the one hand, they did a lot of things that were very good and effective. on the other hand, there were some problems in their leadership. i think that is one symptom of wasp blood running thin. i believe, by the way, that the way of the wasp, the wasp ideals are in trouble in this country and have been in trouble for a number of decades. they are no longer as influential as they once were or as effective as social forces. i think the reason for that is not that we've had lot

charles evans raised concerns about the fed withdrawing qe early.e says the fomc needs to be more specific about its plans to hike rates. >>> joining us with his thoughts, chief international economist at ing. rob, good to see you. i know you like to see the minutes before you comment on what they might say. what are we looking for? >> if the fed was doing a good job, the press briefing should have left the minutes completely redundant. we should know everything but they didn't. we had the comment from yellen, that six-month comment. was it a gaffe or wasn't it? since she made that comment, any number of the fed members have been out giving speeches. we haven't got the sense that it definitely was a gaffe. perhaps we have to see something which will reconcile that comment. >> you've got to express the consensual view, have you? or do you express your view? >> it should be the view of the fed. you just mentioned a whole bunch of fed members, holding completely different views. >> it's hard to push the consensual view, that's the point, isn't it? ther

fed officials to watch for, fed president narayana kocherlakota and chicago fed president charles evanscoa ceo klaus kleinfeld. >>> that's it for today's show. i'm julia chatterley. thanks for watching "worldwide exchange." "squawk box" coming right up. ♪ [ male announcer ] this man has an accomplished research and analytical group at his disposal. ♪ but even more impressive is how he puts it to work for his clients. ♪ morning. morning. thanks for meeting so early. oh, it's not a big deal at all. come on in. [ male announcer ] it's how edward jones makes sense of investing. ♪ >>> good morning. u.s. stocks, looking to make a stand after another sharp sell-off led by tech and b biotech. >>> moscow warns ukraine that any use of force against pro-russian protesters could lead to civil war. >>> and the huskies of uconn are national champions, defeating the kentucky wildcats, 60-54 for their second tight until four years. i think they're fourth overall, not too many teams can say that. it's tuesday, april 8th, 2014. "squawk box" begins right now. ♪ in one shining moment it's all on the line ♪

. >> charles evans made the following statement not long ago. we'll put it on the screen.ess policy, intentions clearly. professor, where i come from, kiss is the rule of the day. keep it simple, or stupid, i'll say, keep it simple. what is wrong with simple where every player in the marketplace can tinker with your formula and nowhere fed funds ought to be. isn't that a better way? isn't a rule-based fed policy preferable? >> absolutely. and it worked for quite a while while it was being followed more or less. in the '80s or '90s, a good time, economists call it the great moderation. you look back at that history, when the fed was most ruled-based of all, and now off of that. so i think charlie evans is dead wrong on that statement. >> all right. listen, with regard to imf policy, you've written great papers on the exceptional access framework. and what i see now is with respect to ukraine, the imf is going to be given the first part of what it called the bailout of $17 billion. here's the key. the u.s. has promised to underwrite a euro bond issued by eye crane. can you t

charles: culture in silicon valley, skateboard and -- melissa: it wouldn't work with alan mulally. anyone who works at ford, jeff weiner works for linkedin. works, goes together but other companies have been built around that. melissa: evan gathers his employees to talk about their feelings once a week. charles: that is an eventual short. >> talk about your feelings. >> don't want to make a judgment based on of foam but as long as you are making money the secrets -- >> suppose our boss called him. >> i would do anything he says. i would do it. >> tell the truth. melissa: what ever. charles: a lot of stocks. one last thing, to your point, it does work until it doesn't work and sometimes these guys give megalomaniacs the worst-case scenario the american imperil guy, all kinds of charges leveled at him, the hot stock that the rail. can get these guys who become sort of nuts, crazy. >> it is the stock right now. dagen: all find games. >> i want to do this thing where you fall into people's arms. melissa: we will do that right after the show. yahoo! is getting up to fuel a surge giant away from apple products. yahoo!'s buyer plans to woo the i phone maker next. at the end of the day it is all about money. melissa: melissa fra

the leading corporate governments experts in this company, charles elson of delaware, the leader in corporate governance. the problem with bob evans the board is a social club of country club cronies basically from ohio. so one example is, the board adopted a plan to move their headquarters from ohio to new albany and ohio, columbus, ohio, was willing to give them a huge tax break if they stayed. instead they spent $50 million of shareholders capital building a kingdom, a castle in new albany. they think new albany is a great place to invest in real estate? >> i don't know about the opportunities but consider to the arguments you've been making have more to do with the restaurant business, the real estate embedded in that and the food business they sale from stores and the like. >> right. >> now, they say we have a long-term growth rate, plan to generate as much as 10 to 12%, a balanced approach to capital allocation. you know, just give us a break, sandell, and we're going to implement this plan and create a lot more value. >> unfortunately, david, it's too late. the company has underperformed their peers by 130% in the equity ma