everything should be traded. >> you heard it first here, art chilton says we need -- art chilton saysrt fchilton says we need lime futures. ♪ [applause] >> futures at negative eight, dow futures -67. under one nil to. -- 102. you yourilled to bring week. robert celt -- robert kaplan and barthildren that -- and chilton are here today. other sign then slowdown may be getting worse. manufacturing fell the 44th ell for the fourth month in a row. this is the worst natural disaster on record. at least 2000 people are the sidedead after of the mountain collapsed. 2,""the amazing spiderman $90 million. far behind in second place is "the other woman." >> we saw it last week so let's address it now, leadership is about succession. consider season four of game of thrones. kaplan is that harvard business school. we are getting a case study in real-time comparing and contrasting the ford motor saw an with what we microsoft corporation. i look at these challenges and i think the outcome microsoft will find -- the process is ugly. how ugly is the process of leadership succession? >> the first questi

mark chilton.hank you for having me on. >> you bet. what are you frying to do here? >> well, i am trying to be the register of deed of orange county, north carolina. mostly. but i, i am a -- a legal scholar as well as the a real estate attorney. and after reading all of the cases that are involved with, same-sex marriage, that have come down from the federal courts, it seems very clear to me that -- north carolina's state constitutional amendment against same-sex marriage is, definitely contrary to the 14th amendment of the u.s. constitution. >> let's look at that amendment. we are all on the same page. marriage between one man and one woman is the only domestic legal union that shall be valid or recognized in the state. what do you say to folks who look at that and say -- that as long as that is the law it is not up to you to decide to whether it is unconstitutional. that is only for -- for the courts in your state. >> well, first of all, the north carolina state constitution lays out that my oath

chilton's the chesapeake ripper? - there was overwhelming-- - stop lying, jack!gh) you think you've moved your pieces around so cleverly. - what's changed, alana? - i have no confidence that i know hannibal lecter anymore. even with as much as you know or think you know hannibal, you don't know him either. and you don't know will. you are going to lose, jack! if you haven't lost already. - i want you to come with me. - how was my funeral? (machine beeping) (strange tribal song) (middle eastern music) (the music stops abruptly.) - carlo? carlo, i don't think they've had enough to... you must be the baby daddy. excuse me if i don't offer you a cigar. i'm gonna feed you to my pigs. carlo! (mason laughing crazily) (both grunting) - do you think it was margot's idea to have an heir? you think it was your idea to take it from her? my idea to come here and kill you? the only thing that you, your sister, and i have in common is the same psychiatrist. (mason laughs.) if dr. lecter had his druthers... you'd be wrapped around a bullet right now. (will uncocks the gun.) dr.

bart chilton will join us as we look at some of the challenges in regulation in the markets. >> londonon holiday today, so this is probably a little hard to spend. we are british, we don't go way to go -- for the whole of may. we leave that to the french. >> i realize it is a different dynamic in europe. here, it is a cliche. if he sold in may, that was a dumb decision. we will talk to citigroup about that. >> we are all waiting for st. ledger day. more.rro has >> we are on lows of the day. we have the dax down 1.3%. spain and italy training low as well. london is closed. what isg reflection of going on in ukraine? may be. we have a little bit of risk aversion. come to the 48.1 in the hsbc reading. month.h straight if you look at data, it has been trending lower ever since october. is ayou're also seeing lower dollar yen, money going into the japanese yen and the japanese currency by about a quarter of one percent. the dollar's getting weaker and the japanese yen getting a little stronger. it has been a bad day for data. the south african rand is trading lower. also pretty weak. weak.a

mark chilton, good saturday to you, sir.irst lady michelle obama today delivered the commencement address to the class of 2014 at dillard university. she told graduates they should set their bar high and let nothing hold them back. >> no dream is too big, no vision is too bold, as long as we stay hungry for education and let that hunger be our north star, there is nothing, graduates, nothing that we cannot achieve. >> walter kimbrough is the president of dillard university. dillard one of 100 historically black colleges and universities. how was the first lady received today by the class of 2014? >> it was awesome, craig. we had a great crowd, probably 5,000 people. everyone was excited. there was just a lot of energy, powerful selections from our choir so it built up so by the time she took the stage, we were all ready and excited so it was a great day for us. >> there's a new report out that finds, quote, historically black public universities in four states continue to lag behind predominantly white schools in funding spe

or his actions property that could be the ideal come up to current events that leads to this awful chilton objective to dvd tonight the teacher ukrainian president and up the dots between the posts they are extremists on both sides that into to use violence. they are. there are cases that aren't completely acceptable. i'd like to put a red card and you can do this a tragedy the first reaction european union was to court for their investigation ought to to say that one and two little kids on an insult to say we need to have this conversation and we need to investigate this case because this is a tragedy and there is no. only since no one listens with the opinion anything and that's that is one of the problems of its part to the cause of the jewelry again i get back to the question he poses at the outset the one put by the french foreign minister on the radio this morning which is. she is covered and if it goes in with his troops to eastern ukraine and if it does well. i'm also sure i think the problem. today is that we lived in government and the kid is a week and were consumed with. of the

. >> we've heard now david einhorn, dan loeb, richard chilton all talk about the bubbilicious valuationsan ipo bubbilicious, and how he got contacted about buying friends and family shares pre-ipo. now, arista has said to delay its ipo. but he writes when times are so good that executives are willing to disregard the difference between ethical and unctuous behavior, it's just one sign that the end relatively speaking is near. jon, what do you think this signals about the companies trying to go public and do it quickly? >> i don't totally follow exactly what he's saying. what i do understand is it's so hard to go public, and there are so many secondary transactions, that effectively mirror the public offerings, that the line between public and large private transaction is one and the same. >> -- to a journalist that covers your company is really unethical. >> oh, is that -- >> well, i think what adam is saying -- i got to the san jose mercury news right after this scandal was kind of dying down, chris nolan, a columnist there, got that offer. it was very controversial at the paper. adam h