in other words, he believes that chrysler couldn't survive. said let chrysler go and liquidated through bankruptcy and that's the best way to have a thriving auto industry with ford and gm surviving. and, look, the jury on that one is not out. you know, the car companies, you know, it's going to take a long time to figure out if they made the right decision on that one. and summers disagreed on that, absolutely. summers believed that they had a chance with a chance with that deal with fiat and they, you know, maybe it was only a 51% chance, but they had to do t and there was a lot of division over that issue. one point, summer also a meeting with eight of the principals and -- in his office and he took a vote and it was 4-4 over what to do about chrysler. they are deadlocked. >> tough choices. as you point out in the piece, the ramifications of what they decide ready still being felt politically, because those decisions may have, as you point out, pulled the economy back from the abyss, but they only will get credit if it works and they got bl

and chrysler financial. these new pay rules will affect the 25 top-paid executives at those companies. that's 175 people in total. the result here, is specific compensation rules expected to be announced in just a little bit, later this afternoon. but here's what we do know so far. the annual salaries for those folks will fall 90% on average. that's going to vary company by company, expected to be the hardest hit would be at aig. here's an example, someone making $2 million before could have their salary fall to $200,000. total compensation including stock, bonuses perk that will fall about 50% on average. including, according to multiple report, some of the perks for executives like country club members, corporate cars, private planes, anything over $25,000 in the perks will have to be approved by the government. and report that is we're going to be more of the splitting of the ceo and chairman roles to provide more checks and balances. but people have a lot of questions about this. >> it was tough because

. >> paul: chrysler is temporarily shutting down production of its popular jeep wrangler s.u.v. the auto maker doesn't have the parts to make it, due to a shortage from one of its suppliers. chrysler's toledo, ohio, plant will close for a week, leaving 535 hourly employees out of work. the wrangler is one of the few vehicles to avoid a steep sales decline this year. >> susie: here's a look at what's happening next week: our friday "market monitor" guest is dr. hans black, chairman of interinvest. on the economic calendar: wednesday, consumer credit for august, and the weekly report on crude oil and gasoline inventories, and alcoa kicks off third quarter earnings season; thursday, it's september chain store sales, august wholesale trade and weekly jobless claims; and friday, the august trade balance. >> paul: my guest market monitor this week is eric takaha, portfolio manager of the franklin strategic income fund, and welcome back to "nightly business report", eric. >> thanks for having me again. >> paul: on your last visit with us in february, the bond markets which are your spe

look at chrysler and boeing. we bought stock and we made money. >> is it a certainty when you have the government going to the bank and saving auto companies? there's absolutely zero certainty. remember the tax cuts we were talking about, i know how to pay for them with it is 3$300 billion. >> do you think gm is too big to fail? >> no. >> i don't think so either. >> the auto industry is not the way to go on this one, mark. >> but the auto industry is only -- >> if you -- it didn't have to happen. >> come on. >> let's get back to the banks. you know, mark, there is this idea that if treasury has $300 billion ready to go it's like any government that has an army, they tend to want to use it. tough money it burns a hole in your pocket when you're more likely to use it than not. you should allow institutions to fail. >> you believe that markets behave like people. to say it's burning a hole in the pocket that implies that -- >> you're personalizing what i'm suggesting is a market dynamic here. >> i'm suggesting human

two chrysler brand ceos are leaving as part of the reorganization. which is the biggest shakeup when fiat emerged from bankruptcy protection in june. >>> the annual meeting of the international monetary fund and the world bank is taking place right now in istanbul, turkey. global regulation, transparency of the institution and u.s. dollar all topics of conversation. joining me from the annual meeting in istanbul is raghaven seetharaman, ceo of doha bank. good to see you again. welcome to the program. >> good evening, maria. pleasure. thank you. >> let's talk about coordination on regulation. obviously a major topic of discussion there at the imf world bank meetings. are you hearing that finance ministers and others are looking to create an international standard? where are you on this important issue? >> absolutely. the global governance is a key. concept actually, the refinement has to focus on global governance, international stability. there has to be a unified approach to the whole frame. whether it is the supervisory framework, we need to articu

chrysler is not saying who the supplier is or what the part is. for now, they're going to suspend jeep wrangler production for one week at its to lead a plant. >> thanks very much, phil. let's look at some of today's research calls. upgrades/downgrades. goldman sachs, raising its price target $45 from $34. high hopes for shrek 4. and the possibility that the video could be a takeover target. pnc, citing valuation. shares up nearly 130% since the march low. win eba go industries downgraded. the motor homemaker may not be able to return to profitability next year. michelle? >> thank you, bob. technology stocks have been the darlings of the investors. with the nasdaq advancing almost 60% since then. is it time to take profits in technology and consider maybe some other cyclical sectors? joining us to discuss this is senior investment strategist at ridgeworth capital investment. and specialty apparel analyst at ramsey. one of the areas presumably would benefit if people shifted into other types of cyclicals. adrian, let me start with you. what about t

chrysler slid 42%. ford, 5%. hyundai bucked the trend with a rise in sales of zero. -- in sales. >>> at more stories coming up. >> one more day to the weekend. will it be raining? >> the nats start their final series of the season. get it on the right track. it is coming up in sports. rts. >>> sarah palin is prepared to release her memoirs. >> president and mrs. obama decided their first dinner will be for the prime minister of india. he will receive the honor a few days before thanksgiving. sarah palin has been moved up from spring to november 17. the book is no. 1 at amazon. it is 2.5 years to the iowa caucuses, but republicans are starting to raise money and hire staff in hopes of knocking off president obama. mitt romney never stopped running. he is having a big fund-raiser later this month. and the vice president's son that will turn the delaware after deployment in iraq. he is 41 and is the state attorney general. he seems to have the family bug. he will be expected to run for u.s. senate next year. >>> the

i don't ow how succsful chrysler and general motors wil be. but.... >> rose: chrysler's now bought up fiat. >> it wille a year or two to see wheer they canturn around or not. so gradually these this ought to b withdrawn. wee discussed ad naeam with the knowledge thatll that intervention took place once and the intervention may take place another time which affects attitudes. i do not believe... althou, you know, this is distbing in tes of business attudes and confidce that, as you say, we're going t have dramatic change in th capitalistic system in the uned states. i doot believe that. bu it's going totake so time to get back to it. >> rose: bottom line are you optimiic aboutmerica? >>i'm an arican. but i think we've got lots of problems. i thght you were going to raise a question at the end here aboutrust and confidence in government generally which.... >> rose: well,that's where i'm going. >> ihink that has been a disturbing elent for me for a long tim worried about it and not much is done. how can we sit here knowing oe after e inauguration

ford, general motors, and chrysler, they always come out with how sales were on the first day of the month. and, well, after clunkers went away, big drop in sales. they were worse than expected looking at some of the headlines out of ford and gm. second, weekly unemployment numbers rose more than expected. and we question whether that will be a preview of the most important pa da point of the week, the monthly jobs report and we get it tomorrow morning. are things really bad out there? are these headlines reflecting the truth? what is going on in the real economy in america's citizens. joining us, the mayor of north carolina. i believe he was on the first flight sully flew after that incredible day on the hudson. also with us the mayor of seattle, greg nichols. thank you for being with us. >> thank you very much. i didn't have to land in the hudson river today. captain sully did a great job. >> i know you said walking through the airport you saw him. it was like having mick jagger along. >> he's a rock star and well-deserved because he saved a lot of lives. >> he sure did. it's one o

chrysler was down 42%. ford was down 5. >>> in tonight's hero central report, a man who claims he did what anybody else would have done, but you decide. new york city's store owner heard screaming and noticed smoke coming from a nearby apartment building. he charged up the fire escape, found a young boy inside the apartment, and wrapped him up in a curtain. there you see him carrying him down the stairs. >> i heard somebody scream. i didn't know what was happening outside. as soon as i went, i heard the scream come from upstairs and when i looked, you couldn't see nothing. there was too much smoke. and i guess i just kicked in. i kicked in gear. i put the ladder down and went upstairs and did the best i could. >> the firefighters took over once he reached the ground. the boy is expected to be okay. now he credited the youngster for staying strong and calm during the entire ordeal. >>> we aren't the only ones feeling the pain from those credit card fees. retailers are, too. you can guess what happens when th

i dot know how succesul chrysler and general motors will be. but.... >> rose: chrysler's now bought up fiat. >> it ll b a year or two to see wheth they can rn around or not. so gradually these thingought to be withdrawn. we'v discussed ad nausm with the knowledge that a that tervention took place once and the intervention may takeplace another time whichffects attitudes. i do not believe... although you know, this is disturng in termof business attides and confiden that, as yousay, we're going to have dramatic change in the capitalistic system in the unit states. i do n believe that. but it's going to ke some time to get back to it. >> rose: bottom line, are you optimist about arica? >> m an amecan. but i think we've got lots of oblems. i thout you were going to raise a question at t end here out trust and confidence in government generly which.... >> rose: well, that's where i'm gog. >> i tnkhat has been a disturbing eleme for me for a long time. i worried about it and not much is done. w can we sit here knowing onc after thinauguration, almos

sales at both general motors and chrysler plunged more than 40%. at ford the sales decline was smaller: down just 5%. toyota's sales fell 16%. one bright spot: hyundai. the south korean automaker's sales surged 27%, thanks to heavy incentives. >> susie: meanwhile, general motors hopes updated models like the buick lacrosse, and new marketing campaigns, will help jumpstart sales. diane eastabrook talked to michael digiovanni-- g.m.'s executive director of market analysis-- about september sales. he says despite the disappointing number, there is some good news. >> we had a tough year over year comparison, but i think the good news for us is our market share in september this year is going to run about 21% we estimate, which is tied for the highest month we've had all year. so that was a very positive story for us. >> reporter: one of the things that you mentioned in your press release was that inventories were low. they were down because of people going into showrooms for cash for clunkers. what are dealer inventories like right now? >> well, we're

automakers reported sales, what do you know gm sales fell 45%, chrysler 40% and ford, critics were right

chrysler sank 42%. we could have new reason to call it the information super highway this morning.lue ribbon panel is recommending that broadband high speed internet be made available to all americans and it wants the government it pay for it. the new report urges lawmakers to make it the number one infrastructure priority in the country like the interstate highway system once was. and further proof that toy makers are cutting prices this year. on the two biggest lists of hot holiday toys, there's only one priced over $100. but even so, sales this season are still expected to be down by about 1%, michelle. >> all right, ross palombo here in new york. thanks. >>> there is some surprising news in an autopsy report on singer michael jackson. the report obtained by the ap says jackson was basically healthy before he died. it says his heart and internal organs were in good condition and he was in fine shape for a 50-year-old man. jackson's death has been declared a homicide caused by propofol and other drugs. >>> you might have to weight longer than expected for a seasonal flu shot. maj

chrysler down 42%. ford with a smaller decline of 5%. on wall street, a sell off, th dow finishing down 203 in the end. the company we work for was in the news tonight. there are multiple reports our parent company, general electric is in talks with comcast to merge nbc universal and comcast cable networks into a separate company, 51% of which would be owned by comcast under this deal being considered. corporate officials at ge and comcast declined to comment. >>> there's a lot of excitement in a find scientists are saying walked the earth more than 4 million years ago. our chief science correspondent, robert bazell has more on the female creature, ardi who may be the oldest known relative. >> reporter: the discovery, in the valley of ethiopia moves the story of human evolution back 4 million years. researchers say it's one of the most significant scientific achievements of the decade. >> we found an amazing time capsule. we found a layer of three meters of set setiment. >> reporter: the biggest find, the female creature they call ardi.

gm sales are down 47% and toyota 16% and ford down 15% and chrysler fell more than 44%. >>> there has been a slew of economic data this week and the markets wrapped up the best quarter in years, but where are we headed next? joining me is jerry webman, and chief investment officer and strategist for oppenheimer funds and stu lewis. the economy is still shedding jobs and 9.8% of the country is unemployed and what do you make of this data? >> well, first of all the human toll from the recession has been terribly high, but we have to look at the other side of all of this, and the companies have been preparing and are continuing to prepare for tough times. and that means that if there is any turn in growth and i think that we are on the cusp of better growth here if nothing else because of the inventory rebuilding that the companies are having to do and i think that we will get profit surprises and the profits are the root of business expansion plans and profits are the root of businesses hiring, and i think that the job weakness as painful as it is, is going to turn into job improvement

fords were down 8.9ers, and chrysler also fell by more than 44%. >>> there has been a slew of economic data this week, and the markets wrapped up their best quarter in years, but where are we headed next? joining me now jerry webman, chief economist with oppenheimer funds and stew schweitzer with jp morgan private bank. good to have you on the program. welcome. >> good to be here. sdoo stew, we got the jobs report. we know it was worse than expected. the economy is still shedding jobs. 9.8% of the country unemployed. what is your reaction? what do you make of this data? >> the human toll from this recession has just been so terribly high. i think we've got to look at the other side of all of this. companies have been preparing and are continuing to prepare for tough times, and that means that if there's any turn in growth, and i think we are on the cusp of better growth here, if nothing else because of the inventory rebuilding that companies are having to do, then i think we'll get positive profit surprises. profits are the root of business expansion plans. profits are the root of busi

a look at how some of your investments are doing as taxpayers, you own 60% of g.m., about 10% of chryslertoday, both reported sales plunged more than 40% in september year-to-year after the cash for clunkers rebate program ended. ford sales were down just 5%. but as national correspondent dean reynolds tells us, behind g.m.'s negative numbers some positive signs. >> reporter: as today's sales figures indicate, no one can speak of recovery, and yet, if jay luebking is a sign, g.m. may have a detectible pulse. >> i think it's very quality car. i think it's up there with the ranks of the other known imports yes, definitely. >> reporter: lube and i think his wife. >> the sun roof, all-wheel drive? >> yes. >> reporter: ...just traded in their mitsubishi for a new chevy equinox, and that bolsters what edmundz.com is reporting. traffic to g.m.'s various vehicle web sites is up 15%, indicating interest or even intent, perhaps spurred by the company's unprecedented two-month money-back guarantee. >> and may the best car win. >> reporter: so why the sales swoon. dealers say one reason is because th

especially for gm and chrysler, as cash for clunkers came to an end. >>> federal health officials are expressing new concern about pregnant women and the h1n1 swine flu, releasing what they call, quote, upsetting numbers. the cdc says at least 28 pregnant women have died from h1n1. 28 dead out of 100 women with the flu who were sent to intensity care. so, dr. richard besser is joining us now. the numbers seem alarming. >> reporter: obstetricians are seeing something very different, and this is very concerning. pregnant women need to get vaccinated against this infection. >> reporter: do we know why pregnant women might be more susceptible? >> there are really three reasons why they're at greater risk. late in pregnancy, the baby pushes up on the lungs, making it hard to take a deep breath. this can set women up for an increased risk at pneumonia. a woman's immune system changes, to allow the baby to develop. that change in the immune system rep deuces the ability to fight infection. and third, it's clear that many pregnant women are also mothers of young children, and whatever those c

it did beat gm, chrysler by a landslide. the only company that didn't take your taxpayer money did the best here. the ford fusion did pretty well, too. it came in third in the family sedan category. >>> all right. this is one of those be careful stories. be careful with your e-mail. be careful what you click. don't open everything. the fdic is warning a new scam where an e-mail comes in saying check your bank deposit insurance coverage basically it kind of tries to dupe you into thinking that your bank has failed. they give you a link that looks like the fdic. hey, give us your information so we can make sure we get you your money. it's not the fdic. they're just trying to get the details from you so maybe they can actually raid your bank account or identity theft. who knows? don't fall for it. if you see that subject line, right, delete. don't even open it. check your bank deposit insurance coverage is what it says. don't buy it. some businesses, well, some say that they are recession proof. one example is a texas tacoria t

chrysler down 44.4%.he sales pace that is expected in the industry if most of these numbers continue coming in as expected, the sales pace is going to come in somewhere in that 9.3 million to 9.5 million. we have general motors coming up in a half hour. >> that makes ford look a whole heck of a lot better, phil. >> well, yeah, but remember we're looking against these comparisons against last year. we knew they were going to be down 44.4%. that estimate of 38%, i have heard a couple people say to me, listen, i think it's going to be weaker hahn th eer than that. >> it was charlie gasparino who first broke the news of ken lewis' retirement from bank of america. joining us with his take on the b of a situation is bill smith. he thinks lewis finally had enough of the circus and will ultimately look very smart on the meryl dearill deal. you really think he chose to step down? all the facts, he said he wasn't going to retire until he's 65. he said this, and then suddenly everything is changed. >> i think ken le

. >>> another shakeup in at chrysler. chrysler group has split dodge brand in two divisions. one will be made up cars and one the truck unit. two chief executives are leaving the company. chrysler emerged from bankruptcy under new management controlled by italian automaker fiat. i'm stan case. >>> coming up a legal blow for mayor dixon. >> it's a victory for the prosecution. >>> the decision a judge handed down about pending perjury charges. >> reporter: the father accused of drowning his three children in a baltimore city bring it. if we're known for one thing... we've got the best customer service. - low fares. - frequent flights, that's what we're known for. low fares. customer service. - we're known for a lot of things. - bags fly free. the lowest fares. customer service. low fares. we're not saying other airlines are bad; we're just awesome. southwest airlines is proud to announce... service to milwaukee on november 1st. fly southwest non-stop to milwaukee... for just $69 one-way. bags fly free. only on southwest airlines. grab your bag. it's on. ( ding ) bags fly free.

gm, chrysler and ford all reported september sales down. hyundai, however, bucked the trend and reported a 27% increase, compared to last year. over the summer, cash for clunkers spurred sales of nearly 700,000 new vehicl. >>> american express is changing its gift card policy. under the old policy, you paid a $2 a month fee that started after a card was a year old. for example, a $25 card that went unused would be worth only $1 by the end of the second year. american express is dropping the fee now just months before a new law takes effect. the law bans dormancy fees for five years after a card is purchased of the. >>> elizabeth smart testified in court today for the first time against the man she says abducted her to be his wife. smart was taken from her utah home backn 2002 at the age of 14. today she spoke about her alleged abductor, in details she had never told even her parents. leann gregg has her story. >> reporter: for the first time since she was taken at knife point from her salt lake city home seven years ago, elizabeth smart des

and chrysler dropped 42%. and here's something you might not know about the auto market. the most popular color if are -- for both cars and trucks is silver. in fact, it's been a number 1 choice for nine years in a row. in new york, i'm alexis christoforous. >>> the internet may be the best place to begin if you're looking to buy or sell your car. brian cooley from c net.com, shows you what you need to research online. >>> if you're in the market to buy or sell a used car these days, you've get a lot of choices. of course, you can do the usual. or consider going online, where you might find it's a lot easier and a lot more profitable for you. >> reporter: first find out what the car you're buying or selling is worth. kelly blue book or the national auto dealers association have websites that are among the most valued guides. and they're free to use. here's a tip. use them both and average them together if they don't agree on what your car is worth. next. go online for a history report on your vehicle to reassure potential buyers it hasn't been in a flood, reported stolen,

if you let aig fail and chrysler general motors and a whole host of banks, maybe unemployment would beat 13-14% and gdp grows would be abysmal compared to first to second quarter? >> that is what proponents of all this bailout and stimulus say. if it wasn't for the tarp, the lights are still on. let's not forget that it was president bush that got it started in the first place. and in this uncomfortable position of micromanaging the economy, what kind of car gm makes, to what salaries were paid to insurance executives. >> gregg: you know, i am not trying to get difficult here. we need a return on our investment from goldman sachs, 23%, i would love that. >> that is what i'm hearing from the left. we are making profits in the tarp, only if you don't account for the losses. in fact government watchdogs it's very unlikely we'll ever get back all the money. you're counting pennies and missing hundred dollar bills. all the money that is down the toilet. and from another perspective the value of the dollar has lost 7% over this past year. government bureaucrats may be optimistic the world is

and there's another big shakeup at chrysler. italy's fiat announced the company. they'll be replaced by other company insiders. the automaker won't say if the departure are sale -- due to sales performance. sales were down nearly 40% so far this year. >>> these could be the new wheels at your local police department. general motors took the wraps off its latest chevy caprice. it's designed specifically for duty, wrapping up for zero to 60 seconds. the front seats are sculpted to accommodate officers' equipment belts. >>> and new york stock exchange switched to a digital wall board, showing the ups and downs, along with a daily graph. the one that was replaced had been there since the 1980s. for more business headlines, just log onto cbs money watch.com. in new york, i'm alexis christoforous. >>> it was a jaw-dropping fine for a couple of teenager negligence colorado. what they first thought was just a rock turned out to be part of a mastodon's jaw. after finding it near a stream, the boys checked on the internet, where they discovered it was something more. scient

automakers reported sales, what do you know gm sales fell 45%, chrysler 40% and ford, critics were rightt did was steal sales from the future rather than lead to a new production. as always real clunkers are the folks in congress who dreamed this up. thanks, we hope to see you closed captioning services, inc. >>> health care reform stumbled in washington. the economy on the rocks across the nation. the success of our military in afghanistan in question. our president's focus is on copenhagen, oprah and his olympic-sized sales pitch. are thew3 media paying attention? >> fugitive filmmaker gets nabbed for since of his past. some in the spotlight try to dismiss his bad deeds. >> we came to honor him as a great artist. >> michael moore is back. what more can we say? >> a new battle begins on late night. >> mayor of that city has banned me from flying into newark airport. >> on the panel this week, programming editor at broadcasting and cable magazine. syndicated columnist cal thomas. jim pink kuerten, and -- jim pinkerton and juan williams. i'm john scott,-fmox foxnews watch on right now. >>

chrysler sales down more than 44%. toyota sales down 16%. ford experiencing an 8.9% decline in sales. >> several big technology companies mounds of cash right now. cisco decides to put some of the money to work buying up a norwegian firm. find out what other technology names may be ready for some wheeling and dealing, look at it, look at cash levels when we come right back on "closing bell." >>> welcome back. cisco acquiring norwegian conferencing video company tanberg for $3 billion. what other tech companies could be ready to jump into some a & a activity? jim goldberg with some answers. >> reporter: maria, good evening, to you, the list is long. cisco's deal shows clearly cash is still very much king. cisco shares, they're right near just a little below their 52-week high, yet the company does the transaction with tanberg for a chunk of the $35 billion it has on its balance sheet and cisco isn't alone when it comes to hoarding cash. the amount of cash out there is just staggering, 247, wall street says something like $335 billion now spre

they beat gm and chrysler by a land slide.emember they're the only major automaker not taking your money. the fusion did pretty well, came in third in the family sedan category. interesting to see they've made real progress there. >>> halloween, this saturday. for parents that means a lot of candy and some very excitable kids. today we're going to go beyond the surface and let you know some surprising facts about sugar. >> the more sugar that my child has being the more hyper. >> they bounce off the walls. >> anything with sugar sets them off. >> it is absolutely unp true that sugar makes kids hyper. there have been 12 well-designed, randomized trials looking at all kinds of fajtors. all of these studies show there's no relationship between sugar and a kid's hyper activity. there's some truth to the fact that sugar is glucose, one of the things that gives theed body energy. it doesn't make kids hyper. kids oftentimes get sugar when kids are also excited. you may run into that this weekend. yes, they may be very excited and eve

sales are down 45%, chrysler down 42% from a year ago, ford down 5% from last year, not to mention new car sales dropped a whopping 25% in september. that's the first month since the expiration of the cash for clunkers program. oh, in case you're wondering, the journal also notes the cost of the program doesn't quite outweigh all those environmental benefits it will end up costing us $1.4 billion. sean: tonight's "media mash" is brought to you, by, you guessed it, the new york obama times. the coverage of the president's unsuccessful trip to copenhagen clearly exposed their pro-obama biased and reversed an earlier report. how was the revised version different? it was scrubbed of any material that might reflect poorly on the president. the following sentences were actually removed -- sean: now, could "the new york times" be any more transparent? now, "hannity's america" continues in 90 seconds with a report on comedians. they're finally realizing the president provide sms prett sean: comedians shied away from making fun of the president but looks like "saturday night live" decided the c

. >> it is an area that includes penn station, grand central station, the empire state and chrysler buildings, the united nations, and other highly visible buildings and institutions that people around the world would identify with our city. >> one of the integral parts of this command center is this screen. it is a map of lower manhattan, and as you can see right here, these are icons where a 9-1-1 call would come in. you can see the cell phones. these blue dots are where there are fixed cameras around the city. if there's an incident called in, we zoom over here to this part of the map where there are real-time camera views of what's happening on the street when those calls come in. >> license plate readers, chemical, biological, and radiological sensors are worked into the mix to enhance the network of surveillance while balancing the privacy of citizens. nypd officials tell us that there are major upgrades going into that system this weekend. they're being done today as we speak and tomorrow. a lot of that will be fired up, so the big apple will have even more protection as we move throug

and chrysler. that was about the unions! a.i.g. and the banks were bailed out because their big donors to politicianed, period. the power brokers of the unions needed their healthcare and pensions covered! big insurance companies an pharmaceuticals have cut deals with obama while trying to shut the competitors out. that is the reason we're talking about healthcare. it has nothing to do with you. lindsey graham keeps calling me a cynic. i am not a cynic. i believe in the american people. i believe, look -- my dad was a baker. his dad was a baker. his dad was a baker. i'm the first guy to ever go to college in my family, and you know what? i went for about 60, 70 days, that's t you know why? i couldn't afford it. i believe in the american dream. we can make it as long as we're being honest with each other, and we help each other out. tonight, i'm going to lay some facts out for you. i think this is -- and i played this several times. this is the most important clip. if you want to understand the big picture in the puzzle we're trying

. >>> the chrysler group by fiat has split its dodge brand into two groups, dodge ram trucks and dodge car brand. that's it from cnbc, first in business worldwide. now back to msnbc. >>> welcome back, i'm david shuster live in washington. >> i'm tamron hall live in new york. want to get an update on the breaking news story we started at the top of the hour out of the university of south florida. police say one person, this guy is in custody after someone reported a person with a bomb, a gun near the library. police called in the tampa police bomb team to investigate the individual's belongings. that happened 90 minutes after they received a call about a possible gunman. police say they received more information about someone on a bus and were attempting to locate that person and secure the area. officers have now moved to the business college and are still, at this time, questioning people. >>> now let get back to politics, the latest poll, david, showing nearly 70% of doctors and nurses support major health care reform. president obama, in fact, invited many of them, some of them to t

. >> it is an error that includes penn station, grand central station, the empire state and chrysler building, the united nations and other highly visible buildings and institutions that people around the world would identify with our city. >> homeland security grant will pay for the cameras and will also help improve the equipment the city already has. >>> it's being called an innovative approach to health care. we're talking about coaches but not like jim zorn. these health coaches are enlisted before people get sick and prevent problems down the road. we'll take you to a local community where the idea is now being put to the test. >>> first, keep the spare change handy. where it's going to cost you to park even on the weekends. we're back right after this. more and more, the quality of our lives depends on our connections. access to high-speed internet, at home and on the go, is no longer a luxury. it's how our children access education. it's how we find jobs, discover information, and connect with family and friends. it's the spark that drives innovation, creates investment, and

. >> discouraging figures from the automakers, ford, gm, toyota, chrysler. sending south. the retail was down 2%p and of course september sales for the automakers are songs cash for clunkers. we saw a boost come out of that market. >> it can be a surprise though. i don't know if may be the magnitude of the miss but it cannot be a surprise that cash for clunkers ended and sales were down. so i don't know, was it the magnitude? >> the magnitude was -- we're talking about when you look at it, 14 million and suddenly it's 9 million, that shows you the impact. and you wonder, if i'm sitting on the sidelines, i didn't participate on either side. i did not buy a new car in august, nothing in september, but if i were thinking about it in september and not able to get the cash for clunkers, i'd figure that rebate is going to come back, right? like the housing and the rest of it. once you've got a taste you don't want to go back. >> unfortunately i participated over the last few weeks. i've talked about owning. and it was painful. it was clearly painful. i'm out of ford right now. y

you have aig, bank of america, general motors, citi, gmac, and chrysler financial. those are the companies being looked at. we think that executive compensation will be tied to stock, you will not cash in for several years, and the whole purpose is to get these executives committed to long- term success of the companies they are a part of. there are risks to this approach. a lot of these companies are in trouble. bank of america is looking for a new ceo. so if you're a top executive considering that, you have to decide if you want those restrictions. as taxpayers, bank of america has $45 billion of our money. so we willw out the top guy or girl in that position -- so we want the top guy or girl in that position to get us our money's worth. it is questionable whether people will want to step in with this oversight. there is a potential upside for investors, and this is what money manager told me today, that they aren't just called dividends. if you own a stock, you get a pay out every quarter. some safety tie executive compensation to stock performance, they might ti

to name a few, aig, general motors, chrysler, citigroup, bank of america. those are just a few. and financial experts tell cnnmoney.com that taxpayers could ultimately stand to lose, get, this between 100 and $200 billion when all is said and done with t.a.r.p. many more details on that. an interesting story. and great reporting by david goldman on this story on cnnmoney.com. and take a look right there, testimonies on the hook, for richelle, about $2 billion. details right there. >> a billion with a b. poppy, appreciate it. >>> the jon and kate drama gets stranger. there are charges that jon emptied one of their bank accounts and now kate says she is worried about paying the bills. all of this sets off an explosive new battle. "showbiz tonight"'s a.j. hammer gets the real story. >>> the man accused of secretly taping espn reporter erin andrews in the nude is expected to appear before a chicago judge this hour. michael david baird is charging with interstate stalking. remember what he is accused of? he is accused of recording the videos with a cell phone camera through altered p

gm reported a 45% decline versus a year ago, chrysler 42%. only hyundai bucking the trend, up 27%.you. >> all right, melissa, thank you so much. >>> finally now, some clown paid $35 million to go into orbit and made it to the international space station this morning. in fact, he was the founder of cirque du soleil. laliberte. he threatens to tickle the cerp while they're sleeping. uh-oh, that could be annoying. it is now 8:04. time for the weather and al. >> announcer: "where are we today" is brought to you by comfort suites and the other fine choice hotels. >>> got some more big mariah fans over here. you guys have a pretty good shot there, see mariah. are you excited about this? >> huge fan. >> yeah. >> yeah! >> yes! >> so excited! >> you're so excited. >> happy friday. we will see a mix of clouds today and maybe some light rain showers developing this evening. up to 74 degrees today and tomorrow morning, a good chance of showers w >> that's your latest weather. mr. lauer? >> mr. roker, thank you very much. >>> when we come back, mariah carey live in concert. plus, more on david

she's hiding in the chrysler building. >> that's on the terrace. >> thanks to my panel. the latest outburst from rush limbaugh when we come back. >>> when president obama took office almost ten months ago, a lot of us hoped for change in tone in washington. a little more civil. a little less nasty. so much for that idea. listen to what rush limbaugh said on friday. >> barack hussein obama. trying his best to bring hope and change to chicago with the olympics and what did we do? we let him down. barack hussein obama was trying to make chicago a bright sinai cesspool on a hill and now look at what happened? >> okay. what do you think of that, megan? >> i'm not a fan of rush limbaugh. i'm not a fan of keith observerman. i don't like extremism. i don't know how old you are but we look around the same age. we tune out. >> thank you. >> i start tuning out when people start yelling. it's not good for america and politics and it's bad for this generation and what it's getting to be a success in politics. >> it's interesting. david brooks agrees with megan. he said that the rise

she's hiding in the chrysler building. >> she's on the terrace. >> that's on the terrace. >> thanks tohe latest outburst from rush limbaugh when we come back. >>> when president obama took office almost ten months ago, a lot of us hoped for change in tone in washington. a little more civil. a little less nasty. so much for that idea. listen to what rush limbaugh said on friday. >> barack hussein obama. trying his best to bring hope and change to chicago with the olympics and what did we do? we let him down. barack hussein obama was trying to make chicago a bright shining cesspool on a hill and now look at what happened? >> okay. >> does he need another interventi intervention? what do you think of that, megan? >> i'm not a fan of rush limbaugh. i'm not a fan of keith olbermann. >> why? >> i don't like extremism in any form, when it comes to politics. i don't know how old you are but we look around the same age. we tune out. >> thank you. >> i start tuning out when people start yelling. it's not good for america and politics and it's bad for this generation and what it's getting to be a