clinton. he's now on a global push of his own. his fears for the country's economic recovery. what he says is sad about washington and a sobering message for voters. all that coming up. and did top female staffers in the obama white house suffer a hostile working environment? the fallout from an explosive new book. i'm wolf blitzer at the clinton global initiative in new york. you're in "the situation room." we're reporting today from the annual meeting in the clinton global initiative here in new york city covering this major forum all week. i had a chance to sit down with the former president bill clinton for an extensive interview. part of it will air this hour. part in the next hour. i want you to stand by. only a few blocks away at the united nations, president obama's on a major diplomatic mission of his on and a number of critical issues are on the table. let's bring in jessica yellin. she's with me here at the clinton global initiative. a huge day today. maybe even a more important day

he found clinton more impressive than he expected. >> guest: john lehmann is so impressed that bill clintonmade special efforts to know everybody's name and to know the names of all the commissioners. something about their background even though he had not met most of them and he told the story of bill clinton who he had never met before pulling out across the room, hold on, mr. secretary. he had been the navy secretary in the previous administration and they were old friends and he tells this to his wife and i can't repeat the rest of the story. his wife says given what you said in the past about bill clinton that is a surprising comment. >> host: we are going to take a break. we're talking about "the commission: the uncensored history of the 9/11 commission". we will be back in a few moments. >> after words is available by pod cast through itunes and x m l. visit booktv.org and click comcast. select which pawed cast you would like to download and listen to afterwards while you travel. >> host: our guest today is philip shenon of the new york times, author of "the commission: the uncensore

there's no one better at that than bill clinton.bama has shown one weakness throughout his time in national life is he has not been a great explainer in chief about the new economy and how his policies will actually make things come about. it's the same on this jobs bill. if you break it down, the individual elements are popular in most cases. it doesn't have, though, the public support it would need and the congressional support it would need if the president could explain this is why this will work. he does not have, the polls show, credibility on that. >> helene, is there a broader vision for the economy that the president goes out and runs on? >> i think there is. and he's -- he's put that out there with his jobs proposal. he said, these are the things, i think, we need to do. but he's very much hampered by the political reality of where we are right now. that said, i wouldn't -- i was out on the campaign -- not the campaign trail. that's a very -- but i was out with him this week as he went to try to pass his jobs bill in colum

clinton says the u.s. received words by a number of forces that shane bauer and josh fattal will be freed. officials say arab countries iran and iraq are involved for negotiations for their release on bail. iran also involved in last year's release of sarah shourd. >>> first solyndra and now more blows to the clean tech industry. calisolar is moving its manufacturing plant to columbus, mississippi. calisolar is building a $600 million factory there. it will employ about a thousand people who will make an average of $45,000 a year. calisolar's president and co-founder had little to say to us. is it cheaper to do business in mississippi? >> it's not -- you know -- i'm not going to comment about anything, ok? thank you. >> san jose-based solar company styon is also taking advantage of mississippi incentives and plans to move its manufacturing plant there by next year. >>> a sign of how bad things are. a 3-year-old and mother are the latest victim of gold thieves, this from oakland. two suspects grabbed a gold

you know you're pretty critical miss the shore of president clinton was that the major reason why you resigned back in ninety ninety nine. it was a big part of it sir and i'm not just critical of mr clinton i'm critical of any president of the united states who doesn't put the protection of americans first i think russians would feel the same way about their president or the british about the same their prime minister mr clinton just happens to be the one that i know best because i was responsible for providing information to him. i'm sorry i missed the lead the second part of your question i mean i mean was that the reason your. criticism of the clinton that you resigned a while you were you rather dismissed from the cia ninety nine. no i resigned i was moved to a different job in may of in june of one nine hundred ninety nine we had just gone through a period in the last week of may in one nine hundred ninety nine where we know we knew exactly where osama bin laden was spending the night for five consecutive nights in kandahar city and we could have killed him at any one of those ni

clinton says the u.s. has received word through a number of forces that shane bauer and josh fattal will be freed. officials say arab countries iran and iraq are involved in the negotiations for their release on bail. oman was involved in last year's release of sara shourd. >>> 6:04. >>> a college football star shot dead and fairfield police are looking for the murder suspect. the 18-year-old is considered armed and dangerous. he is wanted in the fatal shooting of a community college student. the 21-year-old innis johnson. and police have arrested another man. police say the two suspects robbed the victim at the time of the murder. >>> volunteers out again this morning, again tomorrow, trying to find the missing nursing student michelle ley. she remains missing, her childhood friend from union city was recently arrested for her murder. >>> another couple of blows to silicon valley. the clean tech industry. in the wake of solyndra's collapse. another company has laid off 80 workers and moving to columbus, m

hillary clinton, anyone?n south carolina the former president set off a firestorm of criticism for comments some considered racially insensitive. obama won that primary. gop strategist writes on the hill.com, slick willie does it again. now managed the fancy footwork of both agreeing and disagreeing with president obama at the same time. the white house is not commenting. the "talk back" question today, is bill clinton helping or hurting obama? facebook.com/americanmorning. facebook.com/americanmorning. i'll read your comments later this morning. >>> looking forward to seeing what you all have to say about that. >>> coming up ahead on "american morning," stacking the political deck. how far will the gop go to win the white house back in 2012? >>> 23 minutes after the hour. ♪ my sunglasses. [ tires screech ] ♪ oh, it was the first time i fell in love ♪ ♪ the first time i felt my heart ♪ [ man ] people say i'm forgetful. [ horn honking ] ♪ ...all through the night [ man ] maybe that's why we go to so many memor

clinton is 31 years old. the company says she brings expertise that will complement other board members, like media heavyweights barry diller, michael eisner, and edgar bronfman. but is chelsea clinton the right pick for shareholders? darren gersh talked to corporate governance expert nell minow to find out. >> reporter: you may not know it, but you probably used an iac/interactive web site recently. whether it's dictionary.com or match.com, iac serves up nearly four billion page views a month. chelsea clinton won't bring years of management experience to the iac/interactive board, but in a statement, chairman barry diller says she brings something else. diller says, "experience, as has often been proven across board of director rosters, can be of no great value, while diversity, youth, character, and exceptional brain power has a good chance to create a fine contributing board member." iac/interactive denies this match was made because of her parents, the former president and current secretary of state. even

it's like the clinton pdb that we published that says we're going to use planes.ut what do you do -- >> host: but with the planes, of course, there had been the discussion in the mid '90s that arose out of the incidents in the philippines, i believe. so the planes were not exactly a new idea. it was a matter of when they were going the act on it. but i still have to go back to this august 6th. if you were the president of the united states and that had been placed in front of you, you would not have asked a couple of questions of your national security adviser and say what the heck is going on here? >> guest: well, we were told that pdb was requested by the president, the president had gotten some hints early on about -- and wanted to know more. what is this bin laden, what is he planning to do? and that pdb was sent at the request of the president to clarify his thinking at his request. you know, in hind hindsight, of course -- >> host: sure. >> guest: a lot of other things we saw you want to jump up and down and say do this and that and so on. but as i read that

general assembly, even hillary clinton gets stuck in traffic. don't like it when things slow down? >> we do not like it. >> reporter: motion is your friend? >> perpetual motion, until we get to the next location, that's what we want. >> copy, site remains. >> reporter: this morning, there was another trip to the u.n. for the multitasking clinton who was on her blackberry as she headed into a meeting. 15 minutes later, she was back in her car and off. in a week of big headlines, her security agents will have done their jobs if they have stayed out of the news. jim axelrod, cbs news, new york. >>> coming up later "the early show," what is going on with the stock market? some say the latest selloff points to another recession. >>> the falling satellite, when will it hit and where? >>> royal school, the duchess, formerly known as kate middleton, is taking lessons on how to be a royal. that and more a little later on "the early show." >>> that's the "cbs morning news" for this friday. appreciate you watching, everybody. i'm terrell brown. take care.

if anybody could i think it would be hillary clinton. call of history but i don't think she will do it this time. >> 20 seconds each. right now there is a quote credible threat tied to the 9/11 anniversary ten years later. how much do you think it plays into our national politics? >> i don't think it plays into our politics very much right now. i think that is a shame. i was in washington on 9/11 and the days afterward when congress really came together and politics was so irrelevant. i think our country is in a lot of the same problems today as we were back then but members of congress, the president, nobody seems to be coming together as they were before. >> maria? >> i think it plays into our national politics. it is not the number one issue by any means. we know what that is. jobs, jobs. let's pass the bill that the president is going to give to congress next week. we need it urgently. but it is always in the consciousness. you know? it is something that will affect us. we'll be thinking about it all weekend especially people in wash

general assembly, even hillary clinton gets stuck in traffic.u don't like it when things slow down. >> we do not like it. >> reporter: motion is your friend. >> perpetual motion until we ghetto the next location. that's what we want. >> fullback, copy. sight remains. >> reporter: this morning, there was another trip to the u.n. for the multitasking clinton who was on her blackberry as she headed into a meeting. 15 minutes later she was back in her car and off. in a week of big headlines, her security agents will have done their jobs if they've stayed out of the news. jim axelrod, cbs news, new york. >> pelley: well, talk about moving fast. according to einstein's theory of relativity nothing is faster than light. but scientists in switzerland say they have clocked subatomic particles called neutrinos traveling at a greater speed. if that is confirmed, it could force scientists to rethink physics and einstein's theory. millions of children go hungry in america, and many of them are in the shadow of the u.s. capitol. what's being done to feed them

not only is president clinton coming but secretary clinton is coming. a wide variety of activities including a 20th anniversary speech at the old state house where he announced and accepted the presidency. so it's a big weekend as america looks to 2012 and we look back to eight years of the clinton presidency and celebrate that. >> skip, a couple things, and i'm sure, you know, folks in the democratic party are going to be watching what is said. i know there are public panels that are going to be discussing. here we are in the morning where president obama has another foreign policy victory if you will, and you faced an incumbent president that had a ton of foreign policy success to tout and yet struggled on the economy. looking back at what you were able to navigate back in 1992 what advice do you have for this west wing on how to make sure they don't sort of rest on their foreign policy laurels? >> well, i think you hit it right, chuck. i think it's going to be a major issue in the campaign. i think two things as i recall in the summer of 1991 sitting

so, of course against bill clinton, bill clinton could talk for two and a half hours on any given question, but in order to get that, clinton also wanted a town hall thing. so they swapped, the negotiators swapped come he got what he wanted which was short answers on some of the debates, and in exchange for clinton's people getting what clinton wanted which was a town hall d date for the first time, and everything about the size of the holding rooms are, everything about it is negotiated. >> host: including moderator. and that may as you deposit that may be why they ended up with a single moderator because they couldn't agree on anybody other than you. >> guest: this is not false modesty. it is just the truth that a couple of times i ended up moderating the debates is that they could not agree on anybody else and they could agree on me and they threw up their hands. >> host: because politically this person said some things. >> guest: or they were looking for an advantage. the are always looking for an advantage and one side fought well this would be a disadvantage. this person for whatever

dole got what he wanted, short answers and in exchange for clinton's people getting what clintonmentedhich was a town -- clinton wanted which was a town hall debate for the first time, and everything about what the size of the holding rooms are, everything about it is negotiated. >> host: including the moderator. >> guest: absolutely, absolutely. >> host: which may be why they embedded with a single moderator because they couldn't agree on anybody other than you. >> guest: this is not false modesty, but it's just the truth. the couple times i ended up moderating debates is because they could not agree on anybody else, and they could agree on me. >> host: because politically this person said things -- >> guest: yeah, or they were looking for an advantage. they are always looking for an advantage. one side thought well this would be a disadvantage. this person for whatever reason, and it doesn't have to be a legitimate reason. it's almost like in a jury voir dire thing, you just say juror number seven, out of here. it's just the way it is. in my case, there were just fewer objections to

clinton, who had greeted them at the door when we came in. i had given them a lot of warnings, "shake hands, look him in the eye, say something interesting," over and over. i was really pleased that when all of this little band of kids came that they headed right to him and did exactly that, and i don't know what they said but he joshed with them some. of course, he has a teenager of his own and he understands them. then they moved on to vice president and mrs. gore, and all of us went home to sen. and mrs. robb's house where we were camping out. it was like a bunch of old ladies after a tea; all of us had our story to tell. the kids were as excited as they could be, and they worried about chelsea -- "she doesn't have a chance to be a kid." i think the clintons have tried very hard to make her feel part of the action but without shoving her in front of cameras, and that's healthy. they also were impressed with the building they hadn't seen before, and they suddenly began saying "bill and hillary and tipper and al." that was kind of nice, too,

bush policy or a clinton policy. this is a much larger structural crisis. >> i agree. >> for this country, is it not? >> you are absolutely right. somehow or other, we ended up in this huge financial bubble. it affected housing. housing went crazy. >> they were offering a deal they couldn't refuse. >> people thought housing prices which had never gone down were going to continue to go up. everybody was caught up in that. finally, the bubble burst. >> and here we are. the agency that oversees fannie and freddie, taking over 12 of the biggest banks. news today according to "the new york times," the banks misrepresented the mortgage security during the height of the bubble. >> wait. fannie and freddie is doing this? can we just stop right here? can we just stop right here? when is washington, d.c. going to go after fannie and freddie? you can put up private banks all you want to. we have been listening to this. this has been such a scam for the past three years that everybody has had a target on their backs except for f

at the same time, clinton was presiding over his clinton global initiative.with him for a wide-ranging interview and i asked him about a controversial remark by one of his former top cam taken advisors. james carville, a man you know well, our cnn contributor, democratic strategist, worked with you for a long time. he says it's time for the president and the white house to panic, to fire people, to indict people. he's just seeing what is happening on special election here in new york city. you think carville is right? >> no. i think that, first, it's never a good thing for the president to panic. i think they need to focus as much as they can on like what we did now when we just announced at the afl-cio and the american federation of teachers and pension fans and allies are doing what the banking system should be doing. they're out there -- they are funding major building retro fits. they're going to put thousands and thousands of people to work. and that's what i think we should do. >> you're talking about pittsburgh and san diego, orlando. and what you're d

secretary of state clinton spoke to a gathering of business leaders in a summit.s here now with the story. >> hillary clinton says the key to global growth is very simple. it's women at the asiana pacific cooperation summit on women and the economy, urging her audience to strip away the barrier that's women face and everyone, she says will benefit. secretary of state clinton told the audience of mostly women that economic parody for women will benefit everyone. >> when everyone has a chance to participate in the economic life of a nation, we can all be richer. >> and clinton cited a goldman sacks report saying koit race u.s. gdp. >> it can increase the eurozone. >> and clinton said it will take time and efforts but increasing participation for women will raise product zpift economies of nation autos this is the beginning of a very promising future for us all. thank you very much. >> and there is a one woman know what's barriers women face in this country and outside of the country and nancy grew up in southern mexico and came here because she knew owning a busines

bill clinton was elected. bill clinton, because of the whole ross perot thing, bill clinton was elected with only 43% of the vote. not exactly starting from a position of strength for that new democratic president. and then when the first midterm elections came around in 1994, two years later, president clinton's hand grew weaker. republicans picked up 54 seats in that midterm election. they took control of the house for the first time since 1954. and right after that midterm election, magazine covers like this one started gracing the nation's newsstands. in case that's not subtle enough. i'll never let you live this down, "time" magazine. see what's being crushed under the elephant's foot? the donkey with the eyeballs squirting out of the donkey's head. the eyeballs have to be extended out of the donkey's skull. really. what's holding the eyeballs in? really, "time" magazine? in the wake of the results in 1994 it did not look like the clinton presidency was longed for this world. it turned out, it turned out

i'm maria bartiriromo reporting from the clinton global initiative in new york city. i'll be talking with president clinton about the economy, empowering women, and president obama. >> running against himself and people's misery. >> my conversation with another world leader, the prime minister of our neighbor to the north. why canada is a bright spot in the world che and what they're doing right. >>> innovation in america. why silicon valley 2.0 might find a new hom on the east coast and where the latest technological breakthroughs might come from. >> this is america's numr one financial news program. "the wall street journal report." now, maria bartiromo. >> all that coming up in a moment. first, let's get to tyler mathisen with some of the headlines of the week. >>> here's a look at what's making news as we head into a new week. thee federal reserve is doing what it can to boost the economy. in an unusual move known as the twist. the fed is rejiggering its portfolio of bonds, increasing its share of long-term treasuries by $400 billion in an effort to drive down lon

bill clinton, you know, there was a period there where bill clinton, most of the summer of 1992, wasrunning third behind president george h.w. bush and perot, and then perot dropped out of the race for a while, and then bill clinton picked al gore. they had the most unified democratic convention in my lifetime. clinton emerges from that in the number one spot and i don't know that bill clinton has ever trade a republican in a head-to-head poll since then. >> ifill: all thanks to the guy who lost. let's go back, richard. would any of these losers have made good presidents? >> oh, a number of them. i think henry clay maybe of may be the best president we never had. >> ifill: how is that? >> well, abraham lincoln said he was by ideal of a statesman. he was a constructive force. first part of the 19th century, he's the bridge between alexander hamilton and abraham lincoln. the idea that government had a significant role to pli. i mean, it's curious, conservatives in the 19th century, believed in using government as an agent of capitalist development. >> ifill: not so much now. >> absolut

and former president bill clinton joins me now from new york. thank you very much for being with us in. >> thank you. >> now, sir, your mantra right now is jobs, jobs, jobs. what do you think can happen to radically shift the unemployment picture and also pass muster in the washington in these very partisan times? >> well, i don't know if i'm the best person to answer that second part of that question, but i believe that, we, those of us who aren't in government, can think of ways to create jobs which will reinforce what i believe are the positive suggestions coming out of washington. essentially the president's plan has big payroll tax cuts in it, which will benefit the economy by lowering the average family's tax bill by $1500 and they can have that to spend. that will help. by lowering payroll taxes for employers will make it more attractive for them to hire new people. but those of us not in the government, we don't anything to do with that. what we should to do is focus on possible areas of job creation that will free up some of the corpora

bill clinton said exactly the same thing in different words, that they feel that makes them not only better candidates but better candidates because it forces them finally in those last few weeks before the election to be able not only to decide what they really believe, but to people to articulate so they see it in a positive way both george w. bush and bill clinton. >> host: you wrote and i'm going to quote your book each participant remembers the performance as a prism, emotional as well as political. is there any debate performance either there's or yours that sort of sticks out in your mind? >> guest: sure. here one of the problems sitting so close, and remember it's all about television. this is for the millions of people watching on television. it isn't a studio program. this isn't a pep rally for the opposing candidates or any of that and it isn't even an interview program. the purpose of the debate is not to show how terrific the moderator is. >> host: how much you know. >> guest: how much i know and he or she is in responding to all of that. and i, for instance, to answer y

biden president clinton, mr. tommy frank and tom ridge, thank you for helping to raise the money for this memorial. members of the national parks service and the national park foundation and all of you who supported this memorial, but most importantly the families of the flight 93. laura and i are honored to join you in dedicating this memorial to the heroes of flight 93. when the sun rose and the pennsylvania sky 10 years ago tomorrow, it was a peaceful september morning. by the time it said nearly 3000 people were gone. the most lives lost on american soil in a single day since the battle of antietam. with the distance of a decade, 9/11 can feel like part of a different era, but for the families of the men and women stolen, some of whom joined us today, that they will never feel like history. the memory of that morning is fresh, and so is the pain. america shares your grief, we pray for your comfort, and we honor your loved ones. september 11, 2001, innocent men and women went to work at the world trade center.

i want to ask you about your clinton global initiative. but i have to begin with a news question because we have confirmed reports that tomorrow the president is going to propose a new tax on millionaires, everybody who makes over a million dollars. this tax would ensure that they have to pay at least the same percentage of their income as middle-income taxpayers do. do you think that's a good idea? >> i do. i don't know when it's supposed to take effect. you know, my position has been that we need a long-term deficit reduction plan, along the lines that the simpson/bowles commission and all these other bipartisan groups have proposed. they all contain both spending reductions below what everybody thinks we'll spend now and revenue increases. and if you look at the group that has had the biggest income increases and the benefit of most of the tax cuts of the previous eight years before the obama administration took office, those of us in that income group-- we're in the best position to make a contribution to changing the debt structure of