he is dr jim yong kim a physician president of dartmouth college not a banker not an economist nor a diplomat also not larry summers he was born in south korea immigrated to the u.s. when he was five so does that still lightly confuse the much bawly and cuckoo tradition of an american lock down on the spot in a good way to get this job or would it simply represent the status quo will discuss and with gold prices dropping recently some headlines are saying gold loses luster and base of the u.s. recovery so is famed economist nouriel roubini right that gold bugs are clueless as he says there in that tweet we asked john rogers and this just in according to bloomberg former m.f. global c.e.o. john gave direct instructions did you hear that direct instructions himself to transfer two hundred million dollars from a customer. fund accounts to me an overdraft and one of the brokerages j.p. morgan chase accounts in london this is big news we'll talk about it let's get to today's capital account. so as i just said we have gotten news bloomberg news obtained a memo dropped by congressional inve

. >> tom: sydney finkelstein is a professor of management at the tuck school of business at dartmouth college. i joins us tonight from the nasdaq. you can hear us all right? >> i can, thank you, tom. >> tom: mcdonald's promoting somebody from inside its ranks. does that tell shareholders everything is okay, all is working according to plan? >> you know, any time a company promotes from the inside it telling me there's a good bench, a strong bench on leadership development team. and this guy don thompson say very talented person so i think that is a very photographs sign. >> also a long time insider he has been with the company better than 20 years. does this tell shareholders expect more of the same when he takes over the summer? >> well, he has been a partner really with jim skinner and the changes going on at mcdonald's so it's not like, you know, skin der this all on his own. jim thompson has been really a partner all the way through. so i think it's going to be a continuation of some of the same strategies, but there will be some challenges as well. >> tom: he's been credited with

know the roots of this are are pretty old in the us round early part of the nineteenth century the dartmouth college decision you know eighteen fifteen yeah right right would so that was it on john marshall decision essentially said that once a charter is given it can't be taken back that started the wheels turning you're right about the charter mongering era but you know before that the fourteenth amendment was passed in order to guarantee protection under the law to people right to african-americans who just been free and. in the first fifty years of the fourteenth amendment the vast majority of cases brought before the supreme court for it were from companies seeking the rights of people and over the course of one hundred years in suing at least five of the ten rights in the bill of rights have been ascribed to companies and because companies are different right because they're immortal because they reach a size bigger than other people it's not that they're artificial people in the rights of people it's that they're artificial people that now have greater rights than people and when you

he's forming at dartmouth idol, a singing competition held on campus. his dance moves meant to

in dartmouth, the fire department was lucky, and quickly got back nearly all of its money. joan credits her bank's quick thinking. one of the money mules was caught red-handed trying to withdraw the department's stolen cash. >> how did you feel when the money came back? >> oh, my gosh. it was a relief. i think i cried then too. >> reporter: but we haven't seen the last of zeus. >> zeus infections are rampant still today. there are probably millions of computers in the united states that have active zeus on their machines right now. >> reporter: that's why fbi executive assistant director shawn henry warns that without greater vigilance, there will be more cyber theft. >> the opportunity for these groups to make more money online with a perceived less risk is increasing. >> why risk robbing a bank with a gun when you can do it from the safety of your home on a computer? >> that's the perception. we've had people sitting halfway around the world in their pajamas with a wireless laptop who are able to access banks around the world without ever leaving the comfort of their home

expected to nominate dartmouth college president jim young kim to head the world bank. let's go to mike mekara standing by. usually the world health chief is somebody with a background in politics or finance. what else can you tell us, mike? >> reporter: well, this is an interesting choice and sort of a surprise choice. let's go through the resume of mr. kim. born in seoul, korea, 1959. a resume that makes the rest of us look pretty bad, frankly, chris. he's an anthropologist, a physician, president of dartmouth university, worked for the world health organization, aids programs in africa. so a very interesting backgro d background, to be sure. the united states always gets to name or nominate the president of the world bank, and it usually goes through -- this has to be voted on by the board of the world bank. but this time, there has been some pushback from a lot of developing countries. some countries in south america, wanting someone other than a u.s. citizen to head the world bank. today is actually the deadline, chris. and the president coming up today with sort o

that is the dartmouth idol annual conference. obviously dr. kim is pretty comfortable getting up there and singing along side some of the students at the dartmouth idol event. >> given the world's economic problems, he's going to need a sense of humor if indeed he gets the nod to be head of the world bank. >> and i can tell you, we've been reviewing the videos here at the white house. dr. kim is a pretty good break dancer. we might bring that later in the afternoon. >> excellent. we look forward to it. >> you bet. >> now goldman sachs out with a new report on mergers and acquisitions, goldman calling it a perfect storm for deal making. kayla tausche diving into the report. what are some of the names they're mentioning? >> there are some interesting ones, tyler. but i think what's most interesting to start with is it's usually the investment bankers who sign but now we've got some research underlying that claim with goldman's note out this morning calling it a resurgence that's coming in the m&a world for three reasons. cash isn't going anywher

dartmouth college president jim yung kim. >> today after a careful and thorough search, i'm nominatinge the next president of the world bank. >> kim has quite the resume. a senior official at the world health organization, a trained physician and apparently a break dancer.

she is a graduate of both dartmouth and the wharton school. it is great to have you here. thank you on behalf of all of us for all that you do, not only for district 2, but also for the public agencies that you work for and represent. congratulations. [applause] >> i just want to thank supervisor farrell and the board of supervisors as well as the commission. i also want to thank my colleagues here today. my executive team is all women. that is random. it just so happens to be the case. i could not be there without them. i believe them and support them in the business. i was recently listening to a speech by sherrill said bird, -- cheryl sandberg, the coo of facebook. her closing hope was that sometimes, in some future generation, 50% of businesses and 50% of the world's government would be led by women. as a brand new mother of a three-month old daughter, i hope it is my daughter's generation. i am following the steps of my mother, who was also an entrepreneur. i am honored and thank you very much. [applause] president chiu: the next commendation will be provided by our c

he is currently the president of dartmouth college and a global health expert. now, he is the topic to when the official selection process. he will have his work cut out for him trying to cure the world's financial problems. despite signs of improvement, "time" magazine has labeled the current recovery a wimpy one. we are joined by the article's author. do you think that the new pick for the world bank is the right choice? >> well, he is a surprise choice. none of us that think about these things know a lot about him in terms of being a candidate for the bank. he was not one that was discussed. there was a lot of debate about who was appointed to the next president. typically, it is an insider, a white house type person. he was the expected pit boss larry summers was the expected pick. he had lost some clout for being the architect of the deregulation. some people wanted a more open and transparent process in which outsiders could come in and take a stake here and i think the next time around that what you will see is not just another outsider but more participa

during a white house rose garden event, the president announced he has selected dartmouth college president jim yonq-kim. the korean-born kim is a physician by training. the actual selection of a new president will be made by the world bank's executive board but kim is expected to be selected in part because the u.s. has the largest percent of votes. >>> we have new video of a memphis television news crew threatened while ting their job. >> everybody's lying about my best friend. >> now, you can't touch the camera now >> the suspect brandon odom got angry at the reporter's question. he went to his truck and grabbed a gun. the memphis news team drove to arkansas for the arrest of a man. the reporters showed an officer footable rage. odom later turned himself in. >>> organizers of the national day of unplugging say it's about seeing what you have been missing in the real world. the campaign has some suggestions to fill the time normally spent glued to a screen. among them, nurture your health, get outside and find silence. >> at 5:00, the irs is sounding the alarm about identity theft. what y

the president of dartmouth college.ive when he talks about anything of note. interesting choice. a lot of people talked about well known names in development circles. this not necessarily one of them. some call it a very shrewd choice. >> you are pointing out he shares the same educational background of the incoming next premier of china. that should make for an interesting -- >> to appease the emerging markets and maybe africa as well. >> very true. getting fresh data this morning as well in this case new home sales. steve liesman back at headquarters. >> just got it through here. looks like 313 at an annual rate versus january, down to 318,000. and this is the fifth by the way, we've had housing data every day this week. we'll recap some of the bidding. we had housing starts that were down from an upwardly revised number but we had existing home sales that disappointed to the down side. so let's see here. 313,000 which is down 1.6%. the month's supply ticked up to 5.8 from 5.7. the consensus was 325,000. i think on ba

time now for hits and misses, obama naming jim kim for the world bank and he passed over, for the dartmouth medical doctor and outsider perspective to a dysfunctional institution and do tangible good for the world's poor. inspired pick. >> paul: not sure how good for jim kim going into that snake pit. >> and miss for beganet, a petition to krl governor walker. and turned out that 25 ganet reporters signed the petition as well and they revealed this in the full transparency and did not disclose the names. reporters. paul, who will watch the watch dogs. >> dan. >> paul: a hit for the people described in recent stories as avoiding the new iphones and clinging to the ancient cell phones like the samsung 707. now, i'm not a techno fobe, i love carrying around 25 books on the e-reader, but minimized by interface and not captured by the world of computer engineers. >> paul: that's slick. why don y

jim yong kim is the current president of dartmouth college. and the obama administration moved to ease limits on the search and storage of information about americans. online, mark and david talk more politics and sports. hari sreenivasan explains. hari. >> sreenivasan: that's on the "doubleheader," where shields and brooks talk new orleans saints and other "mad men"-- get a primer on the health care reform law ahead of monday's supreme court arguments. submit your questions on our health page, and we'll get answers from experts during a live web chat on tuesday. plus, tonight's edition of "need to know" updates the stories of military veterans, some still unemployed and homeless. find a link on our web site to theirs. all that and more is at newshour.pbs.org. judy. >> woodruff: and that's the newshour for tonight. on monday, we'll look at the landmark law overhauling health care as it takes center stage inside and outside the supreme court. i'm judy woodruff. >> brown: and i'm jeffrey brown. "washington week" can be seen later this evening on

. >>> president obama announced on friday he will make dartmouth's college president to head the world big job. unearthed by ivy gate, let's give them props on this story, one of dr. kim's greatest accomplishments, i think you'll agree they're right on this, is time spent as a wrapping astronaut. this was in 2011. last year's finals contest appeared in a studded leather white jacket, spaceman sunglasses and cut off gloves wrapping "i've had the time of hi life." ♪ i've had the time of my life ♪ and i never felt this way before ♪ ♪ and i swear ♪ it's the truth ♪ and i owe it all to you ♪ oh i ♪ had the time of my life >> and it comes with a dance routine. just give that guy the job now, don't you think? give him the job at the world bank. still ahead, while you're awake, tweets and e-mails are next and "morning joe" is just moments away. [ male announcer ] this one goes out to all the allergy muddlers. you know who you are. you can part a crowd, without saying a word. you have yet to master the quiet sneeze. you stash tissues like a squirrel stashes nuts. well, muddlers, muddle no more.

he's earned a mccarthur genius fellowship and served as president of dartmouth college. i should also mention, after emgrate to go this country from korea at age 5, jim went on to become the president of his high school class, quarterback of the football team, the point guard of the basketball team. i just found out he is a 5 handicap in golf. i'm a little resentful about that last item. but he does it all. jim has truly global experience. he's worked from asia to africa to the americas, from capitals to small villages. his personal story exemplifies the great diversity of our country and the fact that anyone can make it as far as he has as long as they're willing to work hard and look out for others. and as experience makes him ideally suited to forge partnerships all around the world. so i could not be more pleased to nominate jim for this job. and i think i can speak for secretary clinton and secretary geithner when i say that we are looking forward to working with him. and i also want to take a minute to thank bob zoellick once again for all of his hard work. over th

for the last three years, served as the president of dartmouth college. i should mention after emigrating to this country at age 5 from korea, he went on to become the president of his high school class, quarterback of the football team, point guard of the basketball team i found out his 05 handicap in golf. i am a little resentful about that, but he does it all. jim has truly global experience. his work from asia to africa to the americas, from capital to small villages. his personal story exemplifies the great diversity of our country and the fact anyone can make it as far as he has as long as they're willing to work hard and looked out for others. his experience makes him ideally suited to forge partnerships all around the world. i could not be more pleased to nominate jim for this job. i think i can speak for secretary clinton and timothy geithner when i say we're looking forward to working with him. i also want to take a minute to thank bob zoellick for all his hard work. are the last five years, he has made the bank more transparent, helped shore of

expected to nominate dartmouth college president jim young kim to head the world bank.e mekara standing by. usually the world

the president of dartmouth college. streets interesting president standing 20 feet away from me, did i what white house reporters often do. that is shout questions on a completely different topic, the news of the day at the president. he answered that. this come after jay carney, his press secretary during the course of the week said the white house wouldn't wade into it because it was a local investigation. the justice department is involved, it is not a local investigation. it is a civil rights investigation. the president clearly turned around. this is something he wanted to talk about. here's what he had to say. >> this is a tragedy. i can only imagine what these parents are going through. i think all of us have to do some soul searching to figure out, how does something like this happen. that means that we examine the laws and the context for what happened, as well as the specifics of the incident. if i had a son, he would like like trayvon. >> i think we're all glad that you got that question. it was good to hear

president obama tapped dartmouth university president dr. jim kim. kim's nomination as president of the international bank is unusual because he is a physician. world bank leaders have always been bankers or politicians. darren gersh reports. >> reporter: the world bank has decades of experience handing out foreign aid and economic advice to poor countries. so it was a surprise when the president picked as the bank's next president doctor jim kim. kim has spent much of his life battling hiv/aids around the world. >> i believe that nobody is more qualified to carry out that mission than dr. jim kim. it's time for a development professional to lead the world's largest development agency. >> reporter: the united states is the world bank's largest shareholder and an american has run it since it was created at the end of world war 2. but this year, emerging economies are seeking a lobbying for a larger role. that means kim, who has no training in finance, could face a real challenge from nigerian finance minister ngozi. okonjo-iweala also recently served

palez has a 4.0 grade point average, she applied to dartmouth and yale university. she came with her parents back in 1991. her parents divorced in 2006. her mom had to go back to colombia for medical reasons and the government denied her access back into the u.s. now, palez now live with her father who is a res dents but a judge decided on monday she and her sister can no longer live here. >> i want to be a heart surgeon. i love school, i love education, i'm the valedictorian of my high school. >> more than 3,000 people have already signed an online petition stopping the depreciation. now the young -- the deportation. now the i couldn't recall girl's classmates are supporting. they will walk out of class today in protest of the young girl. >>> tensions are escalating this morning in southern california after occupy protesters say that a driver tried to run them over. protesters tried to block off access to the campus yesterday morning but things turned violent when the driver who tried to get to work, you saw what happened right there. >> i think students should be

. >>> some news from the white house today as president obama nominated dartmouth college president jim yong kim to be the next president of the world bank. mr. kim previously headed up the world health organization's hiv/aids department and before that earned a degree from brown university and an md from harvard. and we've got more from the road to the white house coming up today with vice president biden. he's in florida to talk about medicare. watch that live at 12:15 p.m. eastern on our companion network, c-span. >>> in march of 1979, c-span began televising the u.s. house of representatives to households nationwide. and today our content of affairs nonfiction books and american history is available on tv radio and online. >> when we put that force together to go to desert storm, i viewed every one of those youngsters as somebody that i had a personal responsibility for. i know that general schwarzkopf felt the same way. we knew they were going into a very dangerous conflict, perhaps, and we wanted to give them every benefit to allow them to come home safely. i'm as distressed, more