>> charlie: welcome to our program. tonight, al hunt and stuart taylor assess a federal judge's ruling on the arizona immigration law which was scheduled to go into effect tomorrow. >> the whole thing is a distraction enormously exaggerated by both sides. this is not nazi germany as critics including the aclu have tried to contend, it isn't going to solve the immigration problem and stem crime that proponents change and it is another distraction from trying to deal in some kind of sensible and comprehensive way with a problem that just gets worse every year. >> and i wouldn't be surprised to see it on a stay application in the supreme court within the next month, if, for example, the ninth circuit court of appeals -- which is the first route for appeal -- affirms what the judge did, i think the state will take it up to the supreme court so we could have some supreme court theatrics pretty quick. it might be the first thing that elena kagan has to deal with -- the first big thing after she's confirmed which i expect will

>> charlie: welcome to our program. tonight, the president of n.y.u., john sexton, reflects on the challenge of building a great international university. >> if i were able to do this, i would create a broad-based group across the political spectrum that would take as its mandate an insistence on nuanced conversation and would begin to speak out not about the content but about the process of conversation, as engaged in by people with ambition. i think universities have a special role to play in this and i think we can start modeling that using our campus, because there is a lot of pressure on politicians and leaders of all kinds because of the public's demand for short-term solutions -- there is pressure away from long-term solutions and thinking over the long-term, probably the most obvious example is health care, medicare, social security and so forth and now -- -- climate change, the whole set of things. now, what universities are good at doing is thinking long-term. of the 85 institutions in the world that exist whe

>> charlie: no. the treasury department. >> treasury becomes the chairman of a council that is made up of the principal supervisors and regulators. the basic authority for the rules -- for the design of the rules and the enforcement is left as it should be with those independent, specialized regulators -- the f.c.c., the -- the f.t.c., the federal reserve, et cetera. what treasury's job is to make sure that there are no big gaps, that the overall rules are sufficiently conservative -- they provide enough promise of stability, that they're frankly tough enough and to make sure that as the market adapts over time, the system adapts too. we don't want to fall again so far behind the curve of risk taking in the future and it's very important that the treasury secretary have this rule because ultimately it is the executive branch, it's the secretary of the treasury on behalf of the president that has to bear the cost of fixing up the mess. it's the treasury that has to clean up the mess when it happens so

>> charlie: welcome to our program. tonight, a look at the goldman sachs settlement and what it all means with andrew ross sorkin of "the new york times," roben farzad of bs week and william cohan. joining me is peter burr rose of bloomberg news. we conclude with "new york times" and mort zuckerman, of "u.s. news and world report." when we come back. funding for "charlie rose" was provided by the following. ♪ captioning sponsored by rose communications from our studios in new york city, this is charlie rose. >> charlie: goldman sachs, the giant wall street firm has agreed to pay $550 million in a settlement with the sec, the penalty to the firm worth only 1% of its net revenues of $45.2 billion last year. news of the settlement came on the same day the senate approved a major financial regulatory reform package which president obama is expected to quickly sign into law. goldman shares up 0.66% as trading closed today. joining me to talk about these developments andrew ross sorkin of "the new york times," roben farzad of

thank you. >> thanks, charlie. >> charlie: it's a pleasure. ♪ ♪ >> funding for "charlie rose" was providede following. >> charlie: additional funding provided by these funders. >> and by bloomberg. a provider of multimedia news and information services worldwide. >> we are pbs.

>> charlie: welcome to our program. tonight, following up on our series of conversations with leaders in the middle east, we talk to the defense minister of israel, ehud barak. >> when the time comes for signing a deal, you will need magnifying glass to see the difference between what was on the table 10 years ago and what will be signed. in fact, i told arafat in front of clinton, at the time, that if we fail to reach agreement now, thousands of palestinians, maybe thousands of israels will be -- thousands of israelis will be buried before we complete a circle and we will follow -- our successors will have the very same issue. that's the tragic nature of negotiations in the middle east. you're not going to change the topography, it will get even worse in time, weapons become more lethal and the need to take these courageous decisions -- it's painful. it's short of perfect. we are short of perfect. the other side is short of perfect. no one is perfect in our region. >> charlie: ehud barak for the hour. next. >> welcome

>> charlie: welcome to our program. tonight the dodd frank financial reform bill moved closer to law and we'll talk to one of the principal players, congressman barney frank. >> we ban the practices that got us into trouble in the first place. we banned the sub-prime mortgages and we banned the practice of securitization. let me tell you another one, fannie mae and freddie mac. in 2007 which is when the democrats first came to power, we did what the republicans never did and we did put legislation in place to change them and using that authority frank puts them in a conservatorship. if we had done that earlier, there would not have been as much damage. >> charlie: and we continue this evening with a look of creativity. how do you get it and what can you do with it. >> i think the important thing is that creativity is not making up things, at least in science, just in your head. you have to know a fair amount of information about different fields that are related, different ways of thinking about problem solving. and mak

>> charlie: welcome to our program. tonight, a "charlie rose" special edition. in the 10th episode of our brain series, we look at the disordered brain. >> today we're going to discuss these neurological diseases and we're also going to see that a fundamental difference between neurology and psychiatry is that by and large we don't know very much about the anatomical underpinnings of most psychiatric disorders. we don't know the neurocircuitry that's responsible for schizophrenia and bipolar disorder. we have remarkably good insight into the neurocircuitry underlying most neurological disorders. >> charlie: the 10th episode of the "charlie rose brain series" underwritten by the simons foundation. coming up. the "charlie rose brain series" is about the most exciting journey of our time. understanding the brain. made possible by a grant from the simon foundation. their mission is to advance the frontiers of research in the basic sciences and mathematics. funding for charlie rose was provided by the following. ♪ >> additional funding provided by these funders. >> a

everybody in washington know as but charlie rangel.y, it is going to continue to never have any resolution oh kay. >> i don't want to trade in hearsay here. no one on the left or right has the market cornered on corruption. anyone who declares by putting -- we're talking about the democrats. republicans are not in charge. >> laura, laura, laura, laura -- if you stop talking over me. i am conceding the point. agreeing with you. a mistake for democrats to say -- i know you hate agreement -- for democrats to come into power to somehow say they're going to get rid of corruption is a lie, flat out lie. i don't say that. let's not pretend there is this huge wave of corruption bigger than charlie rangel if he did do something wrong. let's focus on the real issues which is not charlie rangel. >> unemployment is the real issue. absolutely. i want to talk about that all show. unemployment for the next ten minutes. i'm ready. let's do it. >> larry: laura. >> larry, i have a question. can i ask you one question, larry, just one question. what is i

and, this isn't about charlie rangel. this is about speaker pelosi's most glaring promise that she's broken, when she said in '06 that it was time to drain the swamp. i think speaker pelosi owes the american people some answers to their questions. >> reporter: rangel already stepped down as chair of the tax writing ways and means committee last march. that was after the ethics panel found he improperly accepted caribbean trips from corporations. >> lehrer: and we get more now from "newshour" political editor david chalian. david, there is a deal on the table. the lawyers have accepted it but that is as far as it's gone at this point? >> well, the rangel lawyers have put forth a deal. but the ethics committee staff, the nonpartisan lawyers and the nonpartisan staff there still reviewing it. and that may take some time. republicans are not eager to jump and accept this deal. they said today in the hearing, jim, you know, he had... charlie rangel had time throughout the entire investigative process to strike a deal. and as o

. >> funding for charlie rose was provided by the following. captioning sponsored by rose communications from our studios in new york city, this is charlie rose. at the unprecedented disclosure

>> charlie rangel came to power over adam clayton powell's scandal. so i think he understands that, yes, he could possibly be if this gets bad enough. >> karen, let's move forward to the midterms in the next couple of months and how much this really hurts the democrats. and you put in the economy with all of that. >> well, the economy is, obviously, you know, the main -- >> well, it was interesting. we did hear a little half glass full out of the the president today. the economics indicate that this is the slowest growth in almost a year. it's 2.4%. that suggests a significant slowing of the recovery. so that even as president obama was saying today that at least we're still seeing progress on the economy, most economists would tell you that 2.4% growth is not enough to be bringing back jobs. and that is, of course, the main thing that has to happen before the american public, the american voters, really feel like this is a true recovery. >> karen, how much does the anxiety that we are seeing from democrats, whether it's over the rangel mess or over t

charlie rangel making millions working for the government. mayor bloomberg spent $95 million of as own money to hold onto a job that pays $150,000 a year? what is going on here? guest: yes, what's going on? i think mr. rangel and his lawyers were a bit surprised yesterday at the length and specificity of the charges. in the military -- the term charges and specifications. there would be blank charge. you did x, and specifications would list the details. so, there were 13 charges that were enumerated by the committee. our -- we counted up -- i don't know the committee called them -- , and specifications, and there were 273. i can see what the caller is saying. come on, charlie, what is going on? and there it is. host: minneapolis. steve, republican line. your honor with richard sist from "the leader daily news." caller: thank you for c-span, appreciate this. i am afraid your guest is talking -- talking about this like a friend who made a mistake. the american public has had enough. john kerry evading taxes, tim geithner, hhs sebelius -- $7,000

charlie rangel charged with multiple ethics violations. the president signs finex reform into law -- finance reform into law. >> republicans say that we must pay for unemployment insurance but was not pay for tax cuts for the wealthy. >> a. "washington post" investigation reveals the multimillion-dollar world of intelligence gone haywire. and having a tea party in congress. >> what we are going to do is in by real people in and get their great ideas. captioned by the national captioning institute --www.ncicap.org-- >> some of you may remember the good old days of newspapers and tv and radio news where you had hours to work on your story and your editors and producers plenty of time to go through your stuff for accuracy. if you remember, you are a dinosaur. welcome to the blogosphere and the 24-hour instant headlines. which brings me to the story of ousted agriculture department official shirley sherrod, who was fired based on a single piece of internet video that was edited out of context and posted on a conservative website and air on fox

. >> rose: thank you both very much. >> thank you, charlie. >> rose: monday on charlie rose, kevin kline. david rubenstein is here. he is the cofounder and managing director of the carlisle group. it is one of the world's largest private equity firms. carlisle has over did 90 billion of capital under management spread over 67 funds. it invests in a wide range of industry, including consumer, retail, defense, and health care. it is active across asia, especially in china, where it invested $2.5 billion over the last two years. rubenstein is also a passionate philanthropist. he donated to duke university and elsewhere. last month he became chairman of the kennedy center and has bought rare historical documents for preservation. having said all of that, i am pleased to have david rubenstein at this table. welcome. >> my pleasure to be here, charlie. >> rose: first, let's look at the american economy. where do you think we are today? >> well, today we're not exactly where we want to be. i think most people thought the stimulus would get us to the point where we're very clearly out on a road

we also have -- i want to thank charlie for his support. terry valen from the filipino community center for his support and larkin for their support. i want to thank the housing for their support and the contributions from the mayor' house and lisa bagen from work development and the m.t. avep a. some community members couldn't stay out tonight. that's a long list. you could see the land deal. it is tricky. the community members -- i got to introduce the architect for this project. if you have questions, we're here to answer. we look forward to meetings with the community. thank you very much, take care. >> good afternoon commissioners. i like -- just take few minutes to describe in -- much less than five minutes the general characteristics of this -- affordable housing proposal. it is located -- >> can you state your name? >> pardon me, bob hernl. architect, her -- her man oliver . >> you may call this top of the hill ocean avenue. it is a transit saturated location. ideal it sooms to everybody. for transit oriented housing. i'll pit a --

from "charlie st. cloud," amanda crew. ali, "the bachelorette."nd music from grace potter and the nocturnals. with cleto and the cletones. ♪ it's jimmy kimmel live and now, i've got news for you, here's jimmy kimmel! [ cheers and applause ] >> jimmy: very nice of you, thank you. i'm jimmy, the host of the show. thanks for watching. everyone back from the bathroom? we had an embarrassing moment here before the show started. i came out with my fly unzipped. and nobodyaid anything to me. everybody just looked -- and then somebody said something and it started me thinking maybe that -- maybe you guys are subconscious proctions in a dream i'm having right now? i haven't been sure of anything since i saw "inception." [ laughter ] do i look like leonardo dicaprio? [ applause ] really? well, that's good news. one week from tonight, america will gather, weep and cheer as "the bachelorette" ali fedotowsky chooses the man with whom she will spend the next 6 to 8 weeks of her life. two men are left, report rober chris. tonight was the bachelorette men tell al

good morning, charlie. >> reporter: good morning. bp has finally given boss tony hayward the boot, though the company said it was deeply saddened hayward would be stepping down, but he walks away with a year's salary plus benefits plus a retirement worth a million dollars a year for life. tony hayward won't be bp's ceo much longer. early this morning, the company announced he'll step down october 1st and will be nominated for a new role at bp's joint venture in russia. the energy giant released this statement saying the decision was made by mutual agreement. for nearly two months, hayward was the face of bp's response in the gulf. >> i'm devastated by the accident. absolutely devastated. >> reporter: but he came under fire after his many missteps and misstatements. >> nobody wants this thing over more than i do. i'd like my life back. >> reporter: bp also announced hayward's replacement, current chief operating officer and mississippi native bob dudley. >> it's tragic. >> reporter: dudley is a newcomer, joining just 18 months ago. he

but they're very loyal and caring toward their family group. >> charlie running up and down trees andrying to follow her, she's still his best physical therapist. >> there is a he and charlie run around the property. it's critical for them to get comfortable in trees. he goes up just fine. but there is trouble climbing down so.... amy practice was him on the board. >> this is teaching him to turn back feet around. >> amy and jack can handle timmy now. he grows his heez going to get more wild. that is a change they encourage. >> they don't talk to him. he's put with a wild raccoon, charlie who won't let them touch her. >> they'll be released nay safe place. close as possible to where they're found. >> it's hard to let them go. but i know that that is what is best for them. >> the rescuers never figured out how his back got hurt. and he's trying to hang on to his tail. dan ash lirks abc 7 news. >> and there is center facilitated rescue is in need of a new facility to kill for the animals so if you'd like to help click on see it on tv there. is a link with problem raccoons. >> and coming

host: what are you hearing from charlie rangel? guest: classic charlie rangel.e remains one of the most optimistic people. his book is called a " i never had a bad days since." he sees this as an opportunity to vindicate himself. glad to have the charges out, now i can finally respond to them. it is one of the reasons it is so hard, i understand, to get a settlement agreement. he would have to step out and say, "i did something wrong," added to wrongdoing. -- and admit to wrongdoing. host: would you tell our audience what the most important of these to be? guest: very briefly, the congressman has failed to properly report is income at access on his financial disclosure forms -- his income and access on his financial disclosure forms. every congressman every year has to fill out financial disclosure form to disclose assets they have, and he has done it wrong for years. the question is whether he broke rules, whether he intentionally did it wrong. a $5,000 bank account appears that had not previously been on the form. where does it come from? there is no explanati

first of all, charlie rangel. should congressman rangel cut a deal to spare the spectacle of a public trial a couple of months before the mid term elections? >> i don't get into that. charlie has run afoul of the ethics committee, he is owed a fair process. if he wants to cut a deal that is his process. this process has to work and i'm proud to say the process is working. he did some things that look like they ought to get him thrown out of congress and if it turns out he did them he is going to get thrown out of congress and that is the way the process is supposed to work. >> chris: there is talk that maybe they still would work out a deal that would be short of his expulsion from congress. >> congressman rangel has every right as an american citizen to defend himself. if he believes he is innocent he ought to fight. if he believes and his attorneys believe he is guilty it is to his interest and the democratic party interest to cut a deal and then the question of whether or not the deal would be acceptable to the

charlie's angels fan? >> absolutely. >> jimmy: you drove here?>> jimmy: these are their real vacation photos. let's see how they measure up to paris. here is paris opening a bottle of champagne on a yacht. and there's eddie with a stick. [ applause ] all right. >> yeah. what can i say? >> jimmy: okay, here's paris hilton riding a jet ski in that beautiful blue water. and there's eddie in his truck. here's paris jumping off a yacht into the water. there's jessica and farah in san francisco, looking miserable. [ applause ] and one more. paris chugging a $500 bottle of champagne on a raft in the m mediterranean, and here is jessica, asleep. how long did it take you to get out here? >> we've been traveling 3 1/2 weeks now. >> jimmy: girls, you must bet e bedelig bedelighted. >> it's fun. >> jimmy: are you driving back? >> i wish i could fly back, but we're driving. >> jimmy: this is a vacation the girls will never forget. and probably never go on another one with you. thank you for coming. >> glad to be here. >> jimmy: this is true. no amount of yach

thank you, eric. >> thank you, charlie. great to see you. ♪ >> rose: for nine decade it is new yorker magazine has been home to some of the tifs, wisest, most moving sports commentator anywhere, it is profiled legend from ted williams to michael jordan and captured the wonders of ping-pong and dog sledding, the only game in town sportswriting from the new yorker is an anthology of 32 notae essays, joining me now is david remnick, he edited the book and editor of the magazine since 1998 and also with us roger angell first wrote for the new yorker in february of 1944, his name has become synonymous with baseball. he is a sportswriting legend. he hates hearing that. nevertheless i am still pleased to have him back at this table. so this is, just think about in this is the people who have written for this anthology, they wrote it for the new yorker, roger angell on ron darling and frank viola, the great college baseball game between st. john's and yale when darling was pitching, john chief on -- and son and baseball, nancy fran