bury, which is chocolate, put it together with their products, global products, now she has a global coany. stock is around $31, earnis willrow double digit in the next five years and will capture the growing middle class in both india and china. great global plate. >> and it has a lot of the basic things people always want. you said chewing gum. >> well, biscuits, confectionary and chewing gum. very large categories, growing very nicely and good positions. and plus nelson buying stock. >> that always helps. >> and maybe. and maybe they'll merge. so the stock has not lost sight. >> let's talk about berkshire hathaway. you have been cong10, 12 years. what do you want to hear from warren buffett tomorrow? >> basically reinforcing the notion how capital is allocated. concepts like where is he looking to put money, why does he like companies like heinz, why did he put $12 billion, $8 billion in a preferred, $4 billion in equity. and not complicated. he has made 20% k for 40 years. so if he only earns 10% the next ten years, our clients will continue to double money. >> what dyou think 's going

>> i think we should welco the innovative way of giving workers royal mail a stake in that coany. the owner should use to be something the party believed in. there have been so many other issues, the labor party is still a blank sheet of paper when it comes to public policy of any significance whatsoever. this side of the house is moving forward, they a standing still. >> mr. speaker. mr. speaker. i have to tell my friend that i cat support the decision of the prime minister to go to the head of government conference in sri lanka because of the cuban rights record of the sri lankan government. what can the deputy prime minister tell us as to how we can respond to that terrible regime's record and was committed to make sure the commonwealth in the future does not believe human-rights does something about it? >> i am are, we are all aware of the decision the prime minister and the secretary will attend the upcoming head of government meeting in sri lanka is controversial specially in lighof the despicable human rights violations that have taken place in the recent civil war but i ca

john: does not take on the oil coanies. i am told they opposed in energ and, the competion.y don't want to follow the green lead. i assume that is true. laurel is not green, would you say this is a myth. >> absolutely. exxon mobile invested $600 million an ounce to research for biofuels. they see an opportunity to make money, especially if the government is going to man thei subsidized. they're not opposed to that. john: they are, in effect, the biggest investor of gen stuff. >> people don't know that, but th auto companies see an opportunity to have more subsidies, more port thrown their weight. why not get on board. john: next, electric cars. great for the environment. i want thisotally free thanks to a government subsidy. then a subsidy is now gone. the electric must be better for the trip because coress still subsidizes the ectric vehicle. this is a myth >>lectric is not better because we have to get electricitfr somewhere, so if the justification is we are reducing emissis, well, now w just a power pnt emissions, bushe batteries. if you put them in automobiles as well,

how do you take a coany th's very old and has no identity, being everything to everybody for so long.nd pa kettle on the farm. this is the internet age everything available to everybody 4/7. >> we were worried they would serve mr. ed on our plates. be more worry they seek rubs alcohol in the drinks. apparently, that was the case at some restaurants including a tgif's that reportedly swapped out scotch with rubbing alcohol. you have to be plowed not to notice that. what do you think of it >> >> well, i'm the most staunch defender of business, but what is this? watering down the wine, i mean, this is fraud. when companies, they do the brand, neil. i'm not going to sing that but the audience knows it, and it is fraud, and, you know, it really not only hurts people in terms of the pocketbooks, but causes a great health risk as well, they get one drink, but it's dish water. terrible example and ruins reputation of all businessmen when folks engage in this. neil: celt, first of all, it's not as if rubbing acoh is similar to scotch. it's not like -- not quite; right? >> right! neil: how do y

those coanies doing a really good thing even though i bet you congress would decide they're not paying enough taxes. >> next on "money," jamie dimon didn't just survive that sharehoer vote today as foes sought to strip him of the chairman's title he now looks stroer than ever. e dimon and jpmorgan really out of the rough? a trio of chase watchers are hear to weigh in. >>> world m most valuable brands are named. beneath the glitz and glam could be more ney for stocks. "piles of money" coming up. ♪ . ♪ . dennis: love that. the votes are tallied. jpmorgan's chairman and ceo jamie dimon will keep both roles. 32.2% of the shareholders voti to split those jobs. but was this about al corporate reform? or was it about punishing jamie dimon for being kind of arrogant? joining us now we have to bank analyst extraordinaire dick bove. great to see you, dick. my bigurprise, a year ago, 40% of the shareholders voted in favor of stripping titles. in time of this big campaign, big controvey and fewer -pvotes in favor of stripping the titles. what does that say? >> i think two things hhppened. jpmorgan

bu heshou havbrout the coorke arod odrin afr drning oneick at. 8 te nobad.did on coanyimeut i b the coany. i'ldo tt al y lo afteiin por ba this ween i'ustoing tsi oundak sil hoideo >>iants rocs cos clsi runn4 ho slu ft. runn malannocer cibank appor id kes easfor n toanagher nanc hen e's theo. evenhen e's t ing ywhe. ci taet as. easi banng. stdardt cibank living on cloud nine with that u-vseireless receiver. you e iny da, hen mo s reinti theouse you uldn'tusset a t inhe basen i mean, come on! nope. we could only watch tv in the rooms that had a tv outlet. yeah if we wanted to watch tv someplace else, we'd have to go to my aunt sally's. have you ever sat on a plastic covered couch? [ kids cheering ] you're missing a googame over here. those kids wouldn't have lasted one day in our shoes. [ male announcer ] add a wireless receiver. call to get u-verse tv for just $19 a month with qualifying bundles. rethink possible. hes hidepot hichec. ay ao li it en mher tureelpsim wh hicar. mher ture coolikehat. tibk mileheckepos. eier nkin stanrd acitink. >> cing tonht a 110. doornockurgly. bayrea w cre

tim cook said his coany is america's largest corporate taxpayer, and he offered a vigorous defense of company's practices. >> we pay all the taxes we owe, every single dollar. we not only comply with all laws, we comply with the spirit of the laws. we don't depend on tax gimmicks. >> warner: nobody was alleging that apple has done anything illegal, and apple's overseas sales now outstrip its revenues from sales at home. rather, today's hearing was meant to spotlight hoapple and other multinational corporations exploit loopholes in u.s. tax laws, loopholes cook said he believes need to be fixed. >> apple has always believed in the simple, not the complex. you can see this in our products and in the way we conduct ourselves. it is in this spirit that we recommend a dramatic simplification of the corporate tax code. >> warner: levin closed the hearing, the second to examine this issue, by saying "one way or another" the current oopholes cannot remain place. and mo now on the report and the apple story. charles duhigg has been covering it for the "new york times" and joins me now. charles

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