there is several positive factors favoring citi group. improvement in the capital market activity and citi group benefits from the real estate market. in fact, they are going to be releasing 8.57 -- $8.5 billion in reserves so that will be a strong tail wind this year. on top of that the evaluation is very attractive. the stock is selling at 63% of book, a low pe ratio and i think the stock could get up to book value. >> i would assume housing would help the next pick, which is regions. >> regions financial is a regional bank. about 55% of their portfolio is in loans so they benefit from the real estate market. they are selling at an attractive evaluation and have a strong yield and we're expecting growth. >> let's see if we can squeeze in two quickly, 15 seconds for each, santa fe and phillips 66. >> okay. on santefe great farm suit kill company and great in the diabetes market price. they have one of the strong insulin drugs and that business is doing very well. they have also got very strong physicians -- >> and phillips. >> and on phi

transgression that they were bilking a taxpayer while they recently settled with citi group but they've declined to tell a federal judge much less to taxpayers how much the settlement is worth or any other details for that matter bloomberg inquired as to why it was told that the f.a.a. f.a.a. might never disclose its her well i guess we'll have to see if mel watts brings some transparency to the agency when demarco leaves but we're really not holding our breath on that and the jobless rates in seventeen countries that use the euro rose to an all time high twelve point two percent but price inflation still remains low guess what that green lights you have some more european central bank bond buying aka money printing but protesters in germany aren't having it at least not as they are the measures that's because up to three thousand members of the walking movement descended on to the brink birds of prey mansel district to disrupt business activity and according to an. occupy spokesman the aim of this blockade is to prevent normal operations at beaconsfield we were forced to wonder if and

oakland city leaders, businesses and city groups are building a walter park that could rival and they still want to relocate to the south bay hoping that the terminal is too costly. an unusual am creature is on the loose and they are trying to capture a wayward marm mut. they are trying to trap the animal and return it to its natural habitat. there is some photo and there is another one found last year. scientists say they are known to climb in which is known to be hundreds of way. >> a key which the in the trayvon martin trial. >> what she heard just moments before trayvon martin was shot too to death. >>> it is launching in space and who will be able to use it. >> good morning, performance enhancing drugs bound traffic is -- west -- good morning, westbound traffic is looking good. we will be right back with more traffic weather and news straight ahead. . >>> it is now 4:42, the funeral for the 50-year-old, didn'ted the lights and he died last week while in italy. he was best known for playing toni soprano. >>> and two that would repeal the defensive marriage act, a day after they st

59,000 complaints the watchdog overseeing that settlement said bank of america, jp morgan chase, citi group and wells fargo each failed to pay fines against them or correct problems they were ordered to for more log on nbr.com. >>> you hear this all time, when banks, other companies or others settle charges of wrongdoing, they are often allowed to pay fines without admitting guilt but not anymore. marry white will require admissions of wrongdoing in cases involving serious fraud or harm to investors. here is what white said about the directive today. >> it will be to some degree case by case but with some guidance with the staff what kind of indication and among the cases, you'll balance everything, harm done, how the conduct was, how important it was perhaps to get a quick resolution. >> the policy came out of a review that white began when she joined the fcc in the spring. >>> still hahead in the program obesity is declared a disease, doctors, people that struggle with their weight. first a look at the market. >>> microsoft says it has taken down a global cybercrime ring freeing up millio

them to steal from dozens of financial institutions, including american express, bank of america, city group and paypal. finally, craving a big mac and hash browns. the golden arches is here to please. mcdonald's plans to start serving a limited number of breakfast and dinner items between midnight and 4:00 a.m. at some of their restaurants. you can mix and match and order that egg mcmuffin and fries. the after midnight push is expected to appeal to mel inyells who like to he's what they want when they want. my stomach is growling. >> go grab that big mac, hampton. >>> our guy, hampton pierce son, one of the sharpest dressed men in the business. >>> meteorologists keeping a close eye on tropical storm andrea which could make landfall. that storm expected to hit florida and then make its way up toward maine. it's presence already being felt big-time. yesterday, lifeguards down in alabama had to jump in and save nearly a dozen teens caught up in a very serious rip current out there. >>> meteorologist, christina loren, here we are now. >> we have made here in the bay area. >> we just started hu

citi group is heading to iraq after ten years of war and one point seven it really in dollars spent by the u.s. the too big to fail bank is going to take advantage of an estimated one trillion dollars and infrastructure spending this will be a first adventure into a new country and this year and according to a city executive with business in iraq will come from rebuilding roads with telecommunication networks electricity and water infrastructure but the violence continues to escalate well over one thousand civilians and security forces killed last month alone it should be a good year for you rock to be broken when the fallacy notwithstanding. and one of the front runner or bernanke used replacement of the film of the fad janet yellen is being called into question by a bloomberg news organization notes that a fed of vice chairman which is the title go and hold has a never become the actual chairman never mind that there has never been a woman other front runners include timothy geitner who has publicly.

and said even so again that's according to a stock analysts who estimates citi group could lose as much as seven billion dollars if the u.s. dollar appreciates against other currencies despite calls for bans on proprietary trading pursuant to dodd frank and the volcker rule which i have yet to been implemented by the way about half of the bank's profits come from such currency speculation and finally standard and poor's is bullish on the ads but no one seems to care at least on the market two years after downgrading as outlook on the u.s. to negative the upgrade to stable was not a market mover nonetheless as m.p.'s cited economic resilience and monetary credibility apparently a batch of bernanke kool-aid has and once again been served at the really big. and here is what's in your prime interest. now with all of the new technology creating the crowd funding landscape it's important to recognize that crowdfunding is. not a recent phenomenon even at the statue of liberty you have crowdfunding origins in the late one thousand nine hundred the committee overseeing the statues completion lac

transgression they were bilking the taxpayer well they recently settled with citi group but they've declined to tell a federal judge much less to taxpayers how much the settlement is worth or any other details for that matter bloomberg inquired as to why it was told that the f h f a might never disclose what's her well i guess we'll have to see if mel watts bring some transparency to the agency when demarco we're really not holding our breath on that and the jobless rates in seventeen countries that use the euro rose to an all time high.

transgression that they were bilking the taxpayer while they recently settled with citi group but they've declined to tell a federal judge much less the taxpayers how much the settlement is for or any other details for that matter bloomberg inquired as to why it was told that the f.a.a. f.a.a. might never disclose the tar well i guess we'll have to see if mel watts brings some transparency to the agency when demarco leaves but we're really not holding our breath on that. and the jobless rates in seventeen countries that use the euro rose to an all time high twelve point two let's say but price inflation still remains low guess what that green lights you have some more european central bank bond buying aka money printing but protesters in germany aren't having it at least not as they are the measures that's because up to three thousand members of the walking movement descended on to the brink birds of prey mansel district to disrupt business activity and according to an. occupy spokesman the aim of this blockade is to prevent normal operations at the e.c.b. we're forced to wonder if and wh

and said he was so again that's according to a stock analysts who estimates citi group could lose as much as seven billion dollars if the u.s. dollar appreciates against other currencies despite calls for bans on proprietary trading pursuant to. the volcker rule which i have yet to been implemented by the way about half of the banks profits come from such currency speculation and finally standard and poor's is boyish on the new ads but no one seen.

i'm sorry citi group philip morris their exact sit on board directors for lawyers that's not ok c.b.s. has has board remember sitting and wal-mart general dynamics these are drone manufacturers the execs for c.b.s. are the same guys that are sitting on the board of directors for drone many factures and how is that ok think when people think of the corporate media they're like oh well of course the corporate media but we're really we're talking about n.p.r. and p.b.s. as well i mean n.p.r. was running a story during the b.p. oil spill featuring a scientist that was talking about oil was in the gulf that would eat i'm sorry bacteria that would eat the oil it was like well this bacteria just to clean up the oil itself would have to worry about anything turns out later according to greg palast the scientists interview about the star was given half a billion dollars half a billion exact alors from b.p. n.p.r. never mention this detail this quaint detail when they were doing this story and of course we saw p.b.s. the thing about the money i mean we're talking about one guy that received hal

and spend jocasta and invest your money so right now i'm joined by at schuyler he is the time of citi group hello to you i know the full mouth of new york as well as epsom bats so tell me is london and new york all day moving that good to get people to go that the find out to stand out don't count out the developed markets in the big financial settled centers and developed markets just yet that city were very interested in these trends which is why we commissioned the economist did you competitive that index project what it will look like yourself and they so we're just in twenty twenty five if we do financial centers will be new york one then also hong kong and singapore so the developed markets if they make the right investments will stay very close the top of the financial center right i do think there is a real shift going on at the moment so with asia we can see that even more as the years go on absolutely we project that the top four hundred emerging market cities will probably contribute over half the g.d.p. growth between now in two thousand and twenty five if you look at the report

orrin hatch question jack lew on the one million dollars in compensation that he was given from citi group which received a federal bailout in two thousand and eight. explain why you. would take dollars out of a company that was functionally insolvent. taxpayers support center in two thousand and eight i was an employee of the private sector stated in a manner consistent with other people who did the kind of work that i did in the industry. now how often do we see the president nominate somebody about comes from the private sector and have you built any information on if this stalls the process or not we haven't and that's an interesting angle that probably someone should look into as to whether that's the fact that we did not look into that in this paper so ok well the consumer financial protection bureau wish currently has no head was established with the passage of dodd frank and republicans have threatened to filibuster the dollar and the nomination of pressure cordray until there are structural changes made to the agency having a bipartisan board it's one of those do you think that we

prime interest we began by going bloomberg be wilbur meant the lack of disclosure over a major city group settlements and how long will spend as banks going to need to buy bonds to hold down interest rates along with the fad for that matter and statistical release answer just how high unemployment and europe is something the blocky buyers aren't happy with much less the impending druggy printing bonanza and we asked john breaux wow about the case for credit unions and why the job had to get to the employment aid and we thank him for his satisfying response finally we questioned whether it's what or bubble pretends a real one and answer just a few of your questions thanks for watching come back next week from everyone at prime interest i'm gerri on board. have a great weekend. old . girl i little. that's treat. her. until we're. able to. carry. a lot of little. children from war financials and have a special say as how it was. a child should live in an orphanage for a long child should be raised in a family during these years a little eleven children to help in return to play dumb to famil

it's vice chairman of citi group it's the head does need i mean it's it's it it is the very senior members of democracy ages to go from barclays who had to resign over local he's on the steering committee of barclays and you know last year does his conference he was there as head of barclays chona buckley's but you know this year not so much so but yeah i mean yes the question why didn't i. but i go after the criminals because that's you know i'm i'm not the quips to you know. you know professionally intellectually i mean this is a concern actually this was some people think that this is an effort that it's great for those people of the no power to congregate around a group and exercise their non power without any repercussions versus taking a real chance or are taking a real risk and putting themselves on the line in a real way and going after real criminals like barclays or h.s.b.c. but what i like a u.k. uncut for example there's a protest group that is more on the front line and they're affecting the real change because of u.k. and cut google amazon are adding to face the music on the

citi group is heading to iraq after ten years of war and one point seven it really in dollars spent by the u.s. that's too big to fail bank is going to take advantage of an estimated one trillion dollars and infrastructure spending this will be a first adventure into a new country and six year and according to a city executive with business in iraq will come from rebuilding roads telecommunication networks electricity and water infrastructure but violence continues to escalate over one thousand civilians and security forces killed last month alone it should be a good year for you grokked g.d.p. broken window fallacy notwithstanding. and one of the front runner or bernanke used replacement of the film of the fad janet yellen is being called into question by a bloomberg news organization notes that a fed of vice chairman which is the title go and hold has a never become the actual chairman never mind that there has never been a woman other front runners include timothy geitner who would have publicly downplayed the possibility as well as dare we say larry summers and don't count current

on prime interest we began by going bloomberg be wilbur meant a lack of disclosure over a major city group settlements and how long will spanish banks going to need to buy bonds to hold down interest rates along with the fact that for that matter and statistical release answer just how high unemployment and europe is something the blocky buyers aren't happy with much less the impending it drive you printing bonanza and we asked john for allow about the case for credit unions and why the jobs act had yet to be employment aid. we thank him for his satisfying spot for filing we questioned whether a twitter bubble pretends a real one and i answered just a few of your pasta thanks for watching come back next week from everyone at prime interest i'm very i'm boring have a great weekend. live a little live our lives. that speak. to her. live her little. a little her little bit longer misleader little her mother lifts. her. that a little. the civilized world produces more foods that it needs. while people die of hunger in other countries. millions of victims every year. where remedial is the most

citi group is heading to iraq after ten years of war and one point seven trillion dollars spent by the u.s. the too big to fail bank is going to take advantage of an estimated one trillion dollars and infrastructure spending this will be the first adventure into a new country and its sixth year and according to a city executive a business in iraq will come from rebuilding roads telecommunication networks electricity and water infrastructure but violence continues to escalate over one thousand civilians and security forces killed last month alone in.

citi group is heading to iraq after ten years of war and one point seven it really in dollars spent by the u.s. that's too big to fail bank is going to take advantage of an estimated one trillion dollars and for structure spending this will be the first adventure into a new country and that year and according to a city executive with business in iraq will come from rebuilding roads telecommunication networks electricity and water infrastructure but violence continues to escalate well over one thousand civilians and security forces killed last month alone it should be a good year for you grokked g.d.p. growth in a window fallacy notwithstanding. and one of the front runners or bernanke is replacement of the film of the fad janet yellen is being called into question by a bloomberg news organization notes that a fed a vice chairman which is the title go and hold the never become the actual chairman never mind that there has never been a woman and the other front runners include timothy geithner who would have publicly downplayed the possibility as well as dare we say larry summers and don

citi group is heading to iraq after ten years of war and one point seven it really in dollars spent by the u.s. that's too big to fail bank is going to take advantage of an estimated one trillion dollars and infrastructure spending this will be the first adventure into a new country and it takes years and according to a city executive with business in iraq will come from rebuilding roads telecommunication networks electricity and water infrastructure but violence continues to escalate over one thousand.