but youyou know, chrysler's doing great. liz: chrysler is doing great. have thought anybody could say that five years ago when there were so many troubles. >> we did. liz: you believed it. >> we believed it. the people have worked so hard, liz. if you think about the platforms that are driving the profitability, are the platforms that the, you know, cerberus team put in place while they owned it. the new 300. liz: where you had been as you were put in place as ceo? >> yeah. but, i was blessed. i had a great team around me. ron gettelfinger couldn't have been more supportive. liz: of the uaw. >> of the uaw making these decisions. >> that is an important point bob just made. the fact that management could say positive things about union leadership, it just showed how hard you guys worked to come to agreements. >> yeah. liz: looking at health of chrysler today, i keep bringing up jeep. i would argue, my jeep grand cherokee was the best car i didn't v i didn't like it was a gas guzzler but best car i ever had. >> it is getting better. liz: jeep lives and tha

chrysler made $1.7 billion.s year, chevy civil raddo is the number-two selling vehicle in america. i got one. deerson motors in detroit lakes, minnesota. the place with all the cars. 360,000 sold. that is up 21% from last year. in other words, it's still growing. what was the story on this program last night? the big three that the republicans are concerned about? minimum wage won't get it. food stamps, they want to cut it. unemployment benefits, we're going to get rid of that too. 99 weeks is too long. that's their big three. the big three this guy is concerned about, created millions of jobs. and had a ripple effect through the economy where it turned things around. so when i talk about jobs and when i talk about commitment and infrastructure, and investment in america, this guy has had it right all along. au all the way back to 2009. and is here we are in almost 2014, and all the republicans could do is be against the working folk of america? merry christmas. get your cell phones out. i want to know what you

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. -- with congress during the dais of the chrysler lone guarantee. that was, believe me that was a stuff sell. >> host: i agree with you. he was respected. i was trying to figure out, also, you least respected. who in your career or life that you wrote about that you least respect and why? >> guest: well, certainly art hawk kins, whom i never worked for direct lip. -- directly. he was the chairman and ceo -- at the time world's largest producer of batteries. i succeeded him as ceo of the company. i mean, i just uncovered the biggest possible can of worms. he was in violation of many state and federal laws. found guilty of racketeering, i mean, there was not only a lack of integrity but also a huge ego, self-dealing. this man never should have been in a position of responsibility in any large organization, but again, he possessed some of the traits that good leaders have, which was the enormous degree of self-confidence, the command presence. he looked like a leader, he sounded like a leader, he used the vocabulary of leadership. and people were persu

joining us there, the former ceo of chrysler.nd matt miller is right beside me. >> my pleasure. >> be sure to check a bloomberg television tonight because c suite caught up with the cadillac brand at the l.a. autoshow. it comes your way at 9:30 p.m. eastern and pacific. when we come back, we are going to tell you what high net worth individuals are doing with their money. , $5s a family office billion under asset management. sucks our next guest cofounded a family office several years ago. they have $5 billion in assets under management. with me now, paul, great to see you. x it is christmas in new york. >> that's right. -- >> it's christmas in new york. >> that's right. in the new year, what are your clients telling you? >> i'm feeling pretty good. it has been a good investment year. 100 25%.p up >> people are feeling good but they are cautiously optimistic. people are not overjoyed. as we look at numbers on asset allocation, we see people take money from fixed income. much of it is not going back into the market. a lot of it is

there not that many jobs out here paying what chrysler pays. eight gets my kids to school. the bills. >> we are manufacturing the jeep grand cherokee. we are doing it right here in the city of detroit with detroit employees. there is a lot stacked against the plans. this is not the prime location to be manufacturing. but we are doing it and we have a product that everybody wants. >> going through almost than near-death experience, there's a great sense of pride. >> me being there for 20 years is just home. >> i would love to see how far we can go. >> never count us out. we always want to come back. >> renewed commitment to design has helped revive the big three and here are five cars that are adding to the detroit bottom line. >> you can read this weeks exclusive story on the new general of gm at the bloomberg businessweekapp. aramark and hilton take service with a smile to the stock market am a an ipo that you can get in on if you have a rewards account. details are next. before we go to break, the opening ceremony took lise and a new 30,000 seat stadium to feature 35 spor

so yes, i think it's a smart move for chrysler. is that chrysler is owned by fiat, which none of us would buy directly, therefore -- you know. neil: the. neil: is that an anti-italian comment? >> no, definitely not. >> b1 is interesting. because she doesn't get the whole ron burgundy thank him even when i do a dead on burgundy impression. she says that i don't get it. but a lot of these companies are latching onto him. so is there a method to this? >> he's recognizable. i don't know how to tell you this, but auto sales are kind of a big deal this year. they are up in the double digits in some cases come across the board, not just with chrysler. >> we have seen strong sales, yes or no? >> i think so, that is what ron burgundy says, and i'm buying it. interest rates at all-time lows, financing being released to the consumer. we didn't have this couple of years ago when auto sales were slow. neil: just please keep going. in the meantime, abercrombie after the plunging capital, strongly urging them to ditch mike jeffries. the same ceo

gm notched 14% gain and big winner chrysler coming with a 16% sales increase. a slow month for auto sales manufacturers offer deals to capitalize on the holiday shopping season. adam: is now the time to get bullish? the biggest bears in retreat but wall following suit today. lori: he has been dancing with the stars. just am nominated choreographer mark ballast on his push to get healthy after 11 years as a smoker. adam: record-breaking night at the seattle seahawks century link stadium but it wasn't just the stadium rocking. we will explain. ♪ every day we're working to be an even better company - and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. mm. mm-hmm. [ enne revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz your wish

. >> ron burgundy helping chrysler to fire up sales of the dodge durango and other things.sky idea ever made it when we come back. (announcer) scottrade knows our clients trade and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spend more time trading. their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) ranked highest in investor satisfaction with self-directed services by j.d. power and associates. so ally bank has a that won't trap me in a rate. that's correct. cause i'm really nervous about getting trapped. why's that? uh, mark? go get help! i have my reasons. look, you don't have to feel trapped with our raise your rate cd. if our rate on this cd goes up, yours can too. oh that sounds nice. don't feel trapped with the ally raise your rate cd. ally bank. your money needs an ally. >>> welcome back to "power lunch." i'm julia boorstin in los angeles. anc

thub wrelg dubberer wolg dubs whe where all of the money went. 2.5 went to chrysler in the form of a bailout. >> yet americans support that. >> yeah, we have a history it seems to me of using the rhetoric of public benefit to reallocate resources to the politically well connected. when you are politically well connected you can get the public to pay the bill. >> i will try to pick up on your language from now on. froo he markets are free markets capitalism can be government politically managed not as good. coming up, lessons about capitalism from an 11-year-old. >> if people want to work let them work. >> lemonade for sale. lemonade for sale. $0.50. >> outside the studio i once tried selling lemonade. tried to do it legally. i found new york laws make it nearly impossible. i found nearly impossible to try to understand the rules. oo what's an ine assistance? >> they said i had to take a 15 hour food protection class. >> i don't have bicycles. when i was a kid selling lemonade is how you learned about capitalism. i could not legally sell it in my town. it is not just new york but port

it's a win-win for chrysler and paramount studios which releases anchor man two.'m unclear why anyone would buy a car because of that add. i take my job of making sense of factors and figures very seriously. but every once in a while the federal reserve does us all a favor and speaks in plain english and gives us the beige book. today's report had a few interesting tidbits. hiring picked up. and atlantic merchants were only mildly optimistic. in cleveland and st. louis dealers picked up suv and cross over sales while lower gas prices prompted drivers to shift away from fuel efficient vehicles and the broadway shows helped the new york economy. and prospects of a snow y cold winter mines it will cost you more to book a room in mid-atlantic ski areas. sometimes it's nice to hear about the economy in plain english. how you were thes are changing healthcare by one smart phone at a time. i'm ali velshi, thanks for watching. ♪ >>> hello, welcome to al jazeera america. i'm thomas drayton, with a look at the top stories tonight. >> meanwhile the family in the top 1% has a

and renisha's job on the line at chrysler helped her save enough money for a down payment on a chrysler>> she said to me, mom, this is a good year coming for us, 2012. she was mentioning 2012. she said, this is going to be a good year for us. >> december 17th, 2011 was a saturday night. the young women decided to go out on the town with some girlfriends. >> i watched her get ready and, you know, did her hair and found her an outfit. and she just looked so pretty to me. >> i guess we said, "i'll see you later," and that was the last time i saw her. >> the following morning denise and chikita awakened to empty beds in their daughters' rooms and a bad feeling in their stomachs. >> sunday morning when i didn't hear from her, when it got like 10:00 or 11:00, that was just too unusual. >> and we don't know why. they're not calling. they're not answering their phones. >> on sunday afternoon the mothers notified police that their daughters were missing. the following day chikita feared the worst when her daughter renisha failed to show up for work. >> her job that she was so very proud of, she

twelve and a half billion of it went to chrysler, some form of a bailout. that. >> we have a history, it seems to me, of using the rhetoric of public benefit to reallocate resources to the politically well-connected. when you are politically well-connected you can get the public to pay the bill. john: thank you. i will try to pick up oneour language from now on. free-market our free-market. capitalism can be government politically managed. coming up, lessons about capitalism from an 11 year-old. ♪ john: lemonade for sale. $0.50. outside the studio i once tried selling lemonade legally. i found that the new york laws make that nearly impossible. i found it nearly impossible to try to understand the rules. i need an assistant. the government said i had to take a 15 hour food protection class. bicycle injuries. i don't have bicycles. when i was a kid, selling lemonade was how you learned about capitalism, but i cannot now legally sell it in my town. it is not just new york. this month in oregon and a 11 ar-old plant trees to pick mistletoe. she then tried to s

twelve and a half billion of it went to chrysler, some form of a bailout.t. >> we have a history, it seems to me, of using the rhetoric of public benefit to reallocate resources to the polically well-connected. when you are politically well-connected you can get the public to pay the bill. john: thank you. i will try to pick up one your language from now on. free-market our free-market. capitalism can be government politically managed. coming up, lessons about capitalism from an 11 year-old. ♪ john: lemonade for sale. $0.50. outside the studio i once tried selling lemonade legally. i found that the new york laws make that nearly impossible. i found it nearly impossible to try to understand the rules. i need an assistant. the government said i had to take a 15 hour food protection class. bicycle injuries. i don't have bicycles. when i was a kid, selling lemonade was how you learned about capitalism, but i cannot now legally sell it in my town. it is not just new york. this month in oregon and a 11 year-old plant trees to pick mistletoe. she then tried to sel

. >> stephen: gm and chrysler had to be bailed out. what is it about ford and one of the reasons i like you guys is that you are capitalists unlike those bolsheviks over at gm and chrysler. comrade! what do you think of those guys sucking on the government teat? >> isn't it better for them to be whipped out of the gene pool? >> well, stephen, clearly the united states was in a very, very tenuous situation, so even though we believe in capitalism we actually went and testified on behalf of our bankrupt competitors, i think we did the right thing for the economy and the united states of america at the time. [ applause ] >> stephen: how about detroit now? how do we save detroit? >> i would say. >> stephen: they just declared bankruptcy? how do you pay off that debt? you are still in michigan. >> dearborn. >> ten, 20 miles from detroit? what do we do? do we pay off the debt by just pulling the gold from the pensioners or do we just let the great moat reclaim dedetroit? what do we do? >> i think they are doing the right thing and addressing

twelve and a half billion of it went to chrysler, some form of a bailout. >> we have a history, it seems to me, of using the rhetoric of public benefit to reallocate resources to the politically well-connected. when you are politically well-connected you can get the public to pay the bill. john: thank you. i will try to pick up one your language from now on. free-market our free-market. capitalism can be government politically managed. coming up, lessons about capitalism from an 11 year-old. [beep] [indistinct chatter] [kids talking at once] [speaking foreign language] [heart beating] [heartbeat continues] [faint singing] [heartbeat, music playing louder] ♪ i'm feeling better since you know me ♪ ♪ i was a lonely soul, but that's the old me... ♪ annouer: this song was created with heartbeats of children in need. find out how it can help frontline health workers bring hope to millions of children at everybeatmatters.org. ♪ john: lemonade for sale. $0.50. outside the studio i once tried selling lemonade legally. i found that the new york laws make that nearly

i have to give chrysler a lot of props.at they did with the new cherokee, the grand cherokee. they have the dodge ram truck with a diesel in half-ton platform. these are all new product lines and they have done very well with them. also, even though it is not a u.s. brand, looking at nissan and toyota. they have done really well this month as well. again, new products and building them here in the u.s. and people want to buy them when they're built here. david: jeff, of course it is not just detroit. there are car companies outside like tesla for example. tessa up big-time today. i think it ended up about 16% of a gain back to the 150-dollar level of the stock price. do you think it stays there or are there more bumps ahead? >> clearly the story hasn't been written for tesla yet completely. obviously there is still a lot of issues going on. i think the whole situation with the fires needs to be resolved and maybe overblown, when you look at the overall impact of things but clearly a brand and a group to watch and a lot of e

nardelli and i are talking about chrysler engines. so manly.s as well, from ddr. but first, helping us with a delicate topic is alix steel. >> we will start in the ukraine because the testers have reclaimed independence square in kiev after a night of battles with police -- protesters have reclaimed independence square. demonstrations began almost three weeks ago when the country's president rejected a trade agreement with the eu. to bidfricans have begun farewell to nelson mandela. the late leader's body will lie in state for the next three days in pretoria. the government expects as many as 2000 people an hour will file past his casket. his body will be transported saturday to a village where he spent part of his childhood, and a funeral will take place sunday. david ortiz has been named the major league baseball top designated hitter. garlic is crying and tom is smiling. he has a batting average of.3 9 ,309, and this is the seventh time in his career he has won this award. >> complete american league construct. >> you are just saying that be

twelve and a half billion of it went to chrysler, some form of a bailout.t. >> we have a history, it seems to me, of using the rhetoric of public benefit to reallocate resources to the politically well-connected. when you are politically well-connected you can get the public to pay the bill. john: thank you. i will try to pick up one your language from now on. free-market our free-market. capitalism can be government politically managed. coming up, lessons about capitalism from an 11 year-old. capitalism from an 11 year-old. [ male announcer ] e new new york is open. open to innovation. open to ambition. open to boldids. that's why n york has a new plan -- dozens of tax free zones all across the state. move here, expand here, or start a new business here and pay no taxes for ten years... we're new york. if there's something that creates more jobs, and ows more businesses... we're open to it. start a tax-free business at startup-ny.com. we're open to it. so i can reach ally bank 24/7, but there ar24/7.branches? i'm sorry, i'm just really reluctant to try new

twelve and a half billion of it went to chrysler, some form of a bailout. >> we have a history, it seems to me, of using the rhetoric of public benefit to reallocate resources to the politically well-connected. when you are politically well-connected you can get the public to pay the bill. john: thank you. i will try to pick up one your language from now on. free-market our free-market. capitalism can be government politically managed. coming up, lessons about capitalism from an 11 year-old. my customers can shop around-- see who does good work and compare costs. it doesn't usually work that way with health care. but with unitedhealthcare, i get information on quality rated doctors, eatment options and estimates for how much i'll pay. that helps me, and my guys, make better decisions. i don't like guesses with my business, and definitely not with our health. innovations that work for you. that's health in numbers. unitedhealthcare. it's not the "juggle a bunch of rotating categories" card. it's not the "sign up for rewards each quarter" card. it's the no-ga

again, possibly a late model chrysler 200. looking at the photos on our website and looking at the vehicle, there is information that can be taken from that. >> we should add that the fbi is offering a $100,000 reward for information leading up to the suspect's arrest. they also set up a tip line. that number is 1-800-call-fbi. now to the research ship trapped in solid ice, not surprisingly in the iciest place on earth, just off the coast of antarctica. the ship has been locked in thick ice with 74 people on board including scientists, crew members and dozens of tourists who paid to go on the trip. they have plenty of supplies. in spite of the predickment, they are all in good spirits. i talked with the expedition leader a short time ago. >> the moral is quite good. the team is fabulous and pull together. people are dealing with it in their own unique ways, of course. we are being supportive and giving regular briefings twice a day to the team letting them know the progress. it's a fluid situation. in 12 hours or so, things ch

twlech 2011 the treasury department sold its investment in chrysler.. taxpayers lost an estimated $1.3 billion after the sale. now, in all, treasury invested over $80 billion in the auto industry. center for automotive research estimates the taxpayer losses totalled about $13.7 billion. treasury officials say the goal was never to turn a profit. they insist the bailout was successful because it prevented a worse blow to the economy and potential loss of one million jobs. some estimates say it would have been $50 billion in government benefits and lost income that would have been -- would have happened had the bailout not happened. in a statement released yesterday, president obama took a victory lap of sorts and said that the big three automakers are now strong enough to stand on their own. he said the industry has added more than 372,000 jobs, its strongest growth since the 1990s. the bailout was an example of the federal government and federal intervention actually working. the alternative to not bailing out gm and chrysler would have been more costl

now he has chrysler's cash flow. stories of v.w. baghdad the tkpwrpbdz. into the loss t makers. f they focus on the fee at 500 that is a big step forward. you focus on the ones that you can be successful. this is promising for fiat but this is something that will the next five to 10 years. my family has always had a lian cars and never had problem but it has to be krbl and not going to the garage every three months want but they look so pretty. >> i agree. i don't care if the maserati has to go to the garage i just admire it. .> you heard it here first >> let's move on and talk technology. a number of technology giants have called on president gong to have greater restrictions on government security. looking the companies for? >> what they want the government o do is curtail their electronic surveillance programs. it is eight of the biggest tech written an o have open letter to president obama and the congress. today.s in papers effectively they appear to be more specific in what they want. one thing they want is there to the authority o of the government to access online. e-mai

they are once again profitable. >> seen as investment in gm and chrysler.panies alive. they're creating a lot of jobs. as far as $10.5 billion in u.s. taxpayer money, presumably money well spent. that chrysler and general motors alive and doing relatively well. very well i should say right now. zain, thanks very much. >>> a race to find a family with four young children. in the rocky freezing remote area of northwestern nevada, the search is widening as the temperatures plummet. people don't have to think about where their electricity comes from. they flip the switch-- and the light comes on. it's our job to make sure that it does. using natural gas this power plant can produce enough energy for about 600,000 homes. generating electricity that's cleaner and reliable, with fewer emissions-- it matters. ♪ and it feels like your lifeate revolves around your symptoms, ask your gastroenterologist about humira adalimumab. humira has been proven to work for adults who have tried other medications but still experience the symptoms of moderate to severe crohn's dise

. -- with congress during the days of the chrysler loan guarantee.elieve me, that was a tough sell. >> host: i agree with you. he was respected. i was trying to figure out also who you least respected. who in your career or life that you wrote about did you least respect and why? >> guest: well, certainly art hawken whom i never worked for directly. he was the ceo of -- i succeeded him as ceo of the company. , i mean, i just uncovered the biggest possible can of worms. he was in violation of many state and federal laws found guilty of racketeering, i mean, he did there have not only a lack of integrity but a huge ego, self-peeling. this man never should have been in a position of responsibility in any large organization. but again, he possessed some of the traits that good leaders have. which was the enormous degree of self-confidence, the command presence, you know, he looked like a leader. he sounded like a leader, he used the vocabulary of leadership. people were persuaded by him. they were fooled by him. somebody that possessed the skill set but

zpwriverbings years ago gh and chrysler took a combined $80 billion worth of borrowed money. u.s. a story of how the auto industry came back. i'll sayabsolutely and not the nicest area of detroit. i want to take a picture every day on my way home from work and then create a nice coffee table book at the end of the year and reflect on the things i see. today was the only time in my 20-year career that i got up in the money and there was this incredible sense of uncertainty. i didn't know if i was going to have a job the next day. >> we went from one shift down from three so we knew things were getting pretty bad. i was fortunate to only be laid off for a couple of weeks where others i worked with were laid off -- pretty devastating. >> we did absolutely wait took to survive. we cut a lot of different areas. one thing you may not think about is somebody has to cut the grass. so those of us that stayed behind, we had to do something. there are 283 acres here on this facility. there were some areas that were above my knee. >> we were out there actually cutting the lawn. that was inter

sergio marchionne is said to have started again the negotiations to buy chrysler. with an ipo on chrysler on hold, he meets with the health care trust and says to the people asked not to be identified because the talks are private. those are the top headlines. >> new york city is adding electronic cigarettes to its ban on smoking in offices, restaurants, bars and public parks. the law would take effect in four months and may soon be followed by other cities in the united states. jason cardiff is the founder and president of e-cigarettes. explain your position on this band. >> thanks. a knee-jerkon is reaction on the part of the city of new york. when we look at the ban, the initial smoking ban for 2002 was based around secondhand smoke. so when we look at secondhand smoke and electronic cigarettes, they don't have anything to do with each other. we are not generating any secondhand smoke with our product whatsoever. >> what about the contention that e-cigarettes will lead people to smoke real cigarettes and, as a result, that will be detrimental to their health. th

a late model chrysler 200. looking at the photos on our website and looking at the vehicle, there is information that can be taken from that. the size of the person, we believe between 5'8" and six foot tall, slender build. the weapon he was carrying. there are some things that may be of value putting out to the public and we are hoping anyone who is listening will go to that website, look at the pictures and see if there's anything that sticks out for you. we have a 1-800-call-fbi tip line that's been established for that. it's 1-800-call-fbi. >> in these cases, time is of the essence. it's been several days since the robbery and shootings. what is the confidence level you will be able to find this man now that all this time has passed? >> well, we are certainly hopeful. we believe a big part of this will be information coming from the public to get us closer to locating him and capturing him. for that reason, we have -- we are offering a reward up to $100,000 leading to the identification and arrest. certainl

the chrysler town and country van has the best sound system. or least cost? >> best sound. dollar for dollar the chrysler town and country -- russell senate office building it is nice but what chrysler gave me was not bad. >> your reputation is renowned. >> are you calling me cheap? let me get back to the prompter and read the script. you know what a computer key is? computer data that advertises you to track your interests to target online ads to you specifically. the government is using them. the script says to spy on you. and that is a pejorative term, sure judgment upon a would agree with that. would you think? -- i know what a cookie is. you get a cookie in your computer by visiting a web site which then checks uu and you. have i got that right? andy: how does the nsa know you have visited a website? how is the nsa aware that the cookie is there so they can follow the cookie and live a doing this? how did they know it? they are totally lawless and out-of-control, they are so deep into their culture of we can spy on anybody for any reaaon w

>> no, actually, because chrysler was owned by diamond before then and it traditionally had a numberd it really turned out to be a good partner. it is now being global platforms . david: they're doing terribly because of what is doing and in europe. gentlemen, thank you very much. we appreciate you coming on. what do you think? do you think that the bailout was a success or failure? log on to foxbusiness.com / "after the bell." cheryl: with millions of cool applications on the market, what does it take to be named top half of the year? the ceo of the company that won this prestigious title. and speaking of tough competition, the nfl playoff season might be heating up, but some teams have been taxing their head coaches. will break down all of the latest shakeups. ♪ [ male announcer ] hands were made for playing. legs, for crossing. feet...splashing. better things than the joint pain and swelling of moderate to severe rheumatoid arthritis. if you're trying to ma, now may be time task about xeljanz. xeljz (tofacitinib) is a small pill, not an injection or infusion, for adults with moder

chrysler. it was a young company selling a very optional car.eople do not need a $100,000 sports car. >> a popular program took the tesla roadster on a test drive in december 2008. >> this car was really shaping up to be something wonderful, but then -- although tesla says it will go 200 miles, it only went up to 55 miles. and it is not a quick job to charge it up again. >> he said he had proof that the roadster had not run out of power. he sued the bbc to block reruns of the show. the case was later dismissed. but things would get tougher. his energy company, solar city, floundered. the bank that had funded them pulled out of the deal. >> we had the worst economic climate since the great depression. it was disproportionately bad for cars. general motors. bankrupt. >> he was in the fight of his life. >> we had a week's worth of cash in the bank, or less. there was very little time left in the year to resolve these things. there were two or three business days left in the year. i never thought it was possible for me to have a nervous breakdown. t

jerry greenwald, former ceo of chrysler.ve industries over the course of his career and auto is the toughest. story, andr top it's taken three long years but this is finally a reality. regulators braving the storm to get a final vote on the controversial rule and peter cook is standing by with one of the regulators who pushed for a tough bulger rule, cftc chairman. take it away. >> i'm joined by commissioner chilton. you braved the weather. the fdic has just voted procedurally and you expect the cftc vote will happen? >> we are in process. the file around and we sign at all one by one. i anticipate we will complete the vote sometime soon and my prognostication is that it will pass with enough votes. >> this is a volcker rule that you like. you think the end result is a right balance between enforcement and allowing wall street to do with the day-to-day business? >> absolutely. it's sort of a shocker. i spoke here a few weeks ago and i could not imagine how much of this rule had been weakened. the draft i look at two and a ha

chrysler, general motors, ford, all reporting better than expected november numbers, all improved on sales from a year ago, but they're not the only onings. a bunch. of other auto -- bunch of other auto companies looking good. gm losing about $1.16 at the moment. chrysler, of course, trades under its parent company, fiat, but it is looking to launch an initial public offering on the new york stock exchange next year, so watch out for that. we're covering that story very closely. and speaking of cars, tesla getting some welcome news yesterday after german investigators who were looking into the highly-publicized fires, all three of them -- not a lot there, folks -- model s sedans that managed to catch fire for different reasons, but nonetheless, nobody was hurt. the germans found no be manufacturer-related defects. so those inspectors give it a thumbs up. and well respected morgan stanley analyst adam jonas saying tesla is the bank's top auto pick. shares jumping $19.52 right now. look at that jump at $143.62. just check out one-year cart. shares are up some 258%. imagine that kind of

. >> chrysler is in a risky position, unintroduced a new 200, the family sedan, a compact jeep.ular have an uncertain future ahead of them. >> i see you don't buy ira harris' theory gm could buy tesla. thanks for joining us. time to unveil our mystery chart. it is newmont mining. 2013 has not been kind to gold but more cruel to the gold miner. shares are down around 50% this past year, making it the worst performer in the s&p 500 on the year. so, is newmont a buy at these levels? let's talk number on the technicals, the chief market technician at fbn securities, fundamentals, mark, a chief income strategist at the oxford club. bring up the chart here. what's your view on newmont? >> mandy, if you're looking to have a profitable 2014, there's not much in this chart that suggests there's a counter trend trade available. there's nothing that shows me this chart is bottoming any time soon. the chart i brought goes all the way back to 2000 to show you how much damage has been done. 50% down this year, 70% down since the highs in 2011, momentum is negative, trends are clearly lower. i

chrysler raised by 6% because of the jeroke. ford up 7%. the fusion and f-series trucks leading the way. >>> j.c. penney's turn around plan is showing progress. sales rose for a second straight mondays, up 10% from a year ago. shoppers are turning to stores after the company brought back aggressive discounts that ron johnson, the previous ceo, had dropped. the do you closed lower on tuesday. falling 94 points. analysts say investors are worried about pulling back on the federal stimulus. we'll get a picture with a release of the closely watched jobs report. >> it's a growing problem on the streets, people riding bikes without helmets, a pair of designers are hoping to revolutionize biking safety with fashion. >> cycling is a big part of life in sweden. about 80% of people ride bikes as part of the daily commute and pleasure. only a third wear helmets. i have been following with a cycle. why should you wear a helmet. i crash with a helmet. i cracked into two pieces. rather the helmet than my head. >> when we were kids we learnt to ride a bik

fiat controls chrysler, mr. came from an investment firm from washington and he was named by the gm board and he ended up rung the company. and mulaly is running it. so mary is an insider. mr. akerson wanted to make a bold choice. he was looking for someone who would be different than the typical old style general motors ceo. he obviously liked her, he saw a lot of her talent and decided this is going to be my choice. that was not a secret in detroit. everyone here knew for about the past year that she was being groomed to be ceo. i was surprised it happened this quickly because she's 51 and in detroit that's still relatively young to be a ceo. >> woodruff: having said all this, what's the significance of this. it is deeply unusual to have a woman in this position, isn't it? >> right. so if you look at all the fortune 500 companies, are even though we hear a lot about women ceo's there's only 22 in all of the 500 companies. there's never been a woman ceo in detroit, although through the years i've seen a lot of

you know, that government bailout in 2008 saved gm and chrysler from nearly going out of business.re profitable now. sales appear headed for their best years since the recession began. how about that? so how much of that can be attributed to the quality of the cars coming out of detroit? is that what it's all about? and how much of it is because of all of the cuts that they made through bankruptcy and help from the government? let's bring in a woman who knows a whole lot about this, jeanne jennings, editor of "automobile" magazine. it was always the japanese automakers killed us on quality for a long time, and that's turning around. >> yeah, it's kind of like the secret to living a long life. you have to keep breathing. >> right. >> so, you know, the secret to quality is you can't break. and if you break, it has to be fixed forever, not be a constant problem, which in the past happened all the time, which meant design flaws. so they had been working on this for sometime before the bottom fell out of the market. >> right. >> so it sort of got put on hold in people's minds. if you un

you know, i suppose we own a chrysler myny van -- miny van. if you were selling rolls-royce you consider a minivan a junk car. we like it, we can afford it and perfectly happy with it. >> it's individual choice. and individual choice of the doctor i wonder if the doctors will be free to choose to work outside of these plans. they may be coerced whether they like it or not to work inside the plan. >> right. individuals want to be able to work directly with the doctors. when individuals are the customers we'll see a tremendous improvement in our healthcare system. what they are hearing at the town hall meetings this weekend is that nearly 60% of the country continues to oppose obamacare. more than 10% more than opposed it before the law implemented it. not because of the disastrous implementation. they oppose it because americans are realizi what healthcare will look like when government is running the show. they don't like it. >> steve, end with what we started with. the protest that we started in 2010. they affected the 2010 midterms. will we

women who are up and coming in a lot of manufacturing companies, and big for gm and for ford and chrysler to do this because women make 85% of the buying and maintenance decisions. we own 60% of the cars on the road. volvo has been doing that for years. when you get a different personality bringing females who are making decisions we're not talking about silly things like lit vanity mirrors. we're talking about the look, the aerodynamics how things look to the driver, seating comfort those are critical factors. that's what makes people buy your brand. >> thanks for joining us. we appreciate it. >>> here is a great way to liven up a humdrum nobel prize weekend in sweden and american economists with wildly different views of how finances work and let memor them debate. they collected their prized today, they disagree on whether markets are rational and predictable. one says yes, the other says no and made a name for themselves by calling different market bubbles. schille said in sweden that fama may have cognitive di dissonanc. we now know it's not contradictory to win a nobel prize and tak