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Feb 9, 2015
02/15
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david brooks: yes. event was a hippie event but they were in some sense 1950's intellectuals, culturally conservative, politically kind of liberal but centrist realistic cold war democrats. they objected to the vietnam war and worked for ed koch. i overdraw how left-wing they were in that vignette. brian lamb: they cared about money, and in that story, you care about money more than they do. david brooks: that is a good question. my father was a professor and my mother was a professor and then worked with pharmaceutical companies and i do not think anyone would say they were materialistic. we had a ton of books at home. there is a saying, it takes three generations to make a career. my grandfather on my mother's side was a lawyer but a great writer. my parents were professors of reading. that helped nurture me in writing. i think that is true if you are a plumber or a policeman or whatever. i was fortunate to know what i wanted to do at age seven, at age seven i decided i wanted to be a writer, and it i
david brooks: yes. event was a hippie event but they were in some sense 1950's intellectuals, culturally conservative, politically kind of liberal but centrist realistic cold war democrats. they objected to the vietnam war and worked for ed koch. i overdraw how left-wing they were in that vignette. brian lamb: they cared about money, and in that story, you care about money more than they do. david brooks: that is a good question. my father was a professor and my mother was a professor and then...
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Feb 9, 2015
02/15
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CSPAN
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david brooks: no. brian lamb: did you know it happened? david brooks: no.always moving to the next column, i do not have time to cover. i am amazingly oblivious. brian lamb: let me ask you, as i was doing research i kept running into the story, is david brooks divorced or not? gawker did a piece. david brooks: i am divorced. i do not want to legally talk about it but i am divorced. brian lamb: you had written you were against divorce. david brooks: i have written pro-marriage and i do believe in marriage and mine did not work out and i desperately want to get married again to somebody. i totally believe in marriage. one thing i read in general about marriage is that it is the most important decision in your life. i finished a book yesterday, i hit the send button yesterday. the name of the book is "the road to character." 10 people that have led impressive inner moral lives. people ranging from george c. marshall to dorothy day to samuel johnson. they all had a great sense of their own weakness. when we think of the outside world, success is a struggle agai
david brooks: no. brian lamb: did you know it happened? david brooks: no.always moving to the next column, i do not have time to cover. i am amazingly oblivious. brian lamb: let me ask you, as i was doing research i kept running into the story, is david brooks divorced or not? gawker did a piece. david brooks: i am divorced. i do not want to legally talk about it but i am divorced. brian lamb: you had written you were against divorce. david brooks: i have written pro-marriage and i do believe...
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Feb 19, 2015
02/15
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david. david: good stuff, good cause.ve to los angeles ports for the latest on a dispute causing american businesses hundreds of millions of dollars. t-mobile's ceo will tell us what he is personally doing to give his company an advantage over the competition. >> hi, everyone, i'm gerri willis. coming up on my show at the top. hour, subprime lending, shadow banking are back but will they wreck the economy like the last time? that is just one of the big stories coming up on the "willis report" in just a few minutes. of the. liz: 29 ports on the west coast have been operating in slow-mo, or at a standstill, worse like the port of oakland today. that is causing spoiled goods and understocked shelves, could take a serious chunk out of u.s. gross domestic product. david: jonathan hunt joining us live from the port of los angeles. jonathan, where are we on the negotiations? >> david and liz, the administration taking these negotiations and potential threat to the u.s. economy very seriously. we got word today that u.s. commerce
david. david: good stuff, good cause.ve to los angeles ports for the latest on a dispute causing american businesses hundreds of millions of dollars. t-mobile's ceo will tell us what he is personally doing to give his company an advantage over the competition. >> hi, everyone, i'm gerri willis. coming up on my show at the top. hour, subprime lending, shadow banking are back but will they wreck the economy like the last time? that is just one of the big stories coming up on the...
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Feb 26, 2015
02/15
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david: well they did it.oted to regulate the internet like a utility today, which will give them the power to decide what charges and what content is, quote, just and reasonable. this under title ii. two of the five commissioners on the fcc voted against the new regulations. one of those disenters joins me now. fcc commissioner michael o'reilly. commissioner, thank you for coming in. the fcc is supposed to be an independent agency but the white house took a very active role in creating these rules, most of which we still don't know what's in there. here's what your republican colleagues said earlier, a couple weeks ago. he said, the white house and particularly white house aides have been running a parallel fcc. would you agree with that? >> i believe that this administration had undue influence on this item we just adopted today. i think it is unprecedented in my 20 years experience. i think it is problematic going forward for our independent agency and what it means for internet and internet experience of c
david: well they did it.oted to regulate the internet like a utility today, which will give them the power to decide what charges and what content is, quote, just and reasonable. this under title ii. two of the five commissioners on the fcc voted against the new regulations. one of those disenters joins me now. fcc commissioner michael o'reilly. commissioner, thank you for coming in. the fcc is supposed to be an independent agency but the white house took a very active role in creating these...
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don't miss hour, david. david: a lot of earnings coming in. bells are ringing on wall street as we speak. it is a banner day on wall street. all indices at least 1% or higher. nasdaq at exactly 1%. russell 2000. all across the board. not only big stocks i mentioned but the small and medium-sized stocks of russell 2000 down at bottom. up about 1 1/2%. it is a good day across the board. a critical day for "after the bell" which starts right now of the david: getting right into it, we have michael musio, fbb capital partners who expect as low rate environment to continue. dave ellison of hennessey fund who is bullish because of strict banking regulations. he likes some of those regs. we'll find out why. peter kenny who says a close eye on earnings reaction is absolutely necessary right now. phil flynn in the pits of cme. phil, i want to start with you. talk about oil first of all. i say this volume it in oil is all -- volatility in oil is all about central banks where we don't know where they will go next. we don't know if a rate hike by the fed.
don't miss hour, david. david: a lot of earnings coming in. bells are ringing on wall street as we speak. it is a banner day on wall street. all indices at least 1% or higher. nasdaq at exactly 1%. russell 2000. all across the board. not only big stocks i mentioned but the small and medium-sized stocks of russell 2000 down at bottom. up about 1 1/2%. it is a good day across the board. a critical day for "after the bell" which starts right now of the david: getting right into it, we...
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Feb 17, 2015
02/15
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a hit of $18, to $1201.60 a troy ounce, david. david: my gold.t year's gdp dropped because of last year's winter weather we thought we wouldn't see for a while. this year is proving us all wrong. will we see another drop because of weather again? sabrina schaefer, hilary kramer, ang capital president and chief investment officer and our own cheryl casone. ladies, what about the weather? cheryl, will we see another drop in gdp because of this? >> absolutely. we saw proof in the pudding for first quarter of 2014. it will happen again. remember the size of the population in these east coast cities that have been affected. look at boston, new york, d.c. this is where a big chunk of the population, spending population is. they are not spending. they are hunkering down. businesses not getting goods and services. we talked about the earlier today the port of los angeles. david: right. >> the storms and port shutdown will be a problem for gdp. david: hillary, i will throw in a couple of other things. of course we have greece but we have less than stellar
a hit of $18, to $1201.60 a troy ounce, david. david: my gold.t year's gdp dropped because of last year's winter weather we thought we wouldn't see for a while. this year is proving us all wrong. will we see another drop because of weather again? sabrina schaefer, hilary kramer, ang capital president and chief investment officer and our own cheryl casone. ladies, what about the weather? cheryl, will we see another drop in gdp because of this? >> absolutely. we saw proof in the pudding for...
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which one, david? oh, we'll tell you who straight ahead. ♪ the real question that needs to be asked is "what is it that we can do that is impactful?" what the cloud enables is computing to empower cancer researchers. it used to take two weeks to sequence and analyze a genome; with the microsoft cloud we can analyze 100 per day. whatever i can do to help compute a cure for cancer, that's what i'd like to do. if aunder a microscope, put we can see all the bacteria that still exists. polident's unique micro clean formula works in just 3 minutes, killing 99.99% of odor causing bacteria. for a cleaner, fresher, brighter denture everyday. ♪ by 1914 the dodge brothers quit the ford motor company and set out on their own. they believed in more, than the assembly line. they believed driving was a holy endeavor. a hundred years later, the dodge brothers spirit lives on. tbut at t. rowe price,et is never clear. we can help guide your retirement savings. our experience is one reason 100% of our retirement funds be
which one, david? oh, we'll tell you who straight ahead. ♪ the real question that needs to be asked is "what is it that we can do that is impactful?" what the cloud enables is computing to empower cancer researchers. it used to take two weeks to sequence and analyze a genome; with the microsoft cloud we can analyze 100 per day. whatever i can do to help compute a cure for cancer, that's what i'd like to do. if aunder a microscope, put we can see all the bacteria that still exists....
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Feb 23, 2015
02/15
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david, send it over to you. david: thank you, liz.act more online shoppers, target is lowering free shipping minimum to $25. they offered free shipping on orders of 50 bucks or more. this follows enthusiastic response to free shipping offer during the holidays. the company is undercutting its competitors. walmart offer as minimum threshold of 50 bucks. amazon at $35. liz: taking on amazon. david and are i prime customers. we watch this carefully. david: absolutely. >> mother nature telling us winter far from over as a new wave of bitter arctic air is heading our way. how long will this one last? we have the latest forecast. it matters to business around the nation next. david: janice dean knows. as as west coast ports resume regular operations following a labor deal what can be done to prevent another debilitating dispute. here what labor secretary thomas perez has to say. that is coming up. >> i'm gerri willis. coming up on my show at the top of the hour, the white house says it has a plan to crack down on excessive fees on retiremen
david, send it over to you. david: thank you, liz.act more online shoppers, target is lowering free shipping minimum to $25. they offered free shipping on orders of 50 bucks or more. this follows enthusiastic response to free shipping offer during the holidays. the company is undercutting its competitors. walmart offer as minimum threshold of 50 bucks. amazon at $35. liz: taking on amazon. david and are i prime customers. we watch this carefully. david: absolutely. >> mother nature...
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Feb 13, 2015
02/15
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FBC
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david and liz? david: thank you, adam. liz: as u.s.he sixth year of this bull market, where is the next bull market lurking? let's get you ahead of the game mere here. we're bringing in panel. "wall street journal" paul screen yaw. brian sozzi, and fox business's tracy byrnes. welcome to all of you. i will start with brian. is it a sector, is it a market, is it a foreign country or alternative investment? >> athletic apparel. it is not fit and not fabric. the athletic has no technology infused into it. look for companies like under armour which is really starting to infuse a lot of technology into their clothes. they start stuff over next three to five years. holograms, those are companies for example, that will win. vf corp. they opened three innovation centers in 2016 start introducing clothing with wearable technology built into it. look at whole foods. most of their stores have been aggressively remodeled. they look great, more people are going and there is fundamental movement in the country to eating healthier. and they win. >> i
david and liz? david: thank you, adam. liz: as u.s.he sixth year of this bull market, where is the next bull market lurking? let's get you ahead of the game mere here. we're bringing in panel. "wall street journal" paul screen yaw. brian sozzi, and fox business's tracy byrnes. welcome to all of you. i will start with brian. is it a sector, is it a market, is it a foreign country or alternative investment? >> athletic apparel. it is not fit and not fabric. the athletic has no...
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Feb 10, 2015
02/15
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FBC
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david. we're long-term investors and we are, we're looking at a company that generates significant free cash flow, has propensity to buy back shares, raise a dividend. iphone sales will not continue at the same clip they did in the last quarter but we saw a lot of growth from i mac sales, from the power book that is. we're seeing a lot of activity with the watch. but we think it's a company that has very strong fundamentals and we would be better buyers probably closer to 110 after the strong move over the last week or so. liz: from john, you're saying, john, that the mack copicture, let's move apple to the side for a second because it is running a great business regardless of a tough economist. we're not seeing that tough of an economy. in fact it is improving from where you sit. why? tell us which metrics that say we've got tailwinds versus headwinds? >> absolutely, the important metric we look at is capital spending and it increased slightly with the gdp numbers. if there is one thing tha
david. we're long-term investors and we are, we're looking at a company that generates significant free cash flow, has propensity to buy back shares, raise a dividend. iphone sales will not continue at the same clip they did in the last quarter but we saw a lot of growth from i mac sales, from the power book that is. we're seeing a lot of activity with the watch. but we think it's a company that has very strong fundamentals and we would be better buyers probably closer to 110 after the strong...
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Feb 12, 2015
02/15
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FBC
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david: adam?ld say that maybe you can get out and put your money in europe will of the qe about to take place. david: that is good suggestion. >> earnings and revenue growth are expected to fall in q1, 2015, q2, 2015, year-over-year. this might be a time to maybe shift assets to europe. david: we'll shift our discussion a little bit but staying on wall street for a moment, wall street clearly loves what the federal reserve has been doing over the past four years but is the fed favoring wall street investors over main street savers? rich karlgaard, what do you think? >> yes, they are. it is a bank shot. that is not their original intent. they are of the belief that if they raise interest rates it will slow fragile recovery and they keep them low. because they keep them low makes stocks attractive to other investments particularly bonds. david: richard fisher, retiring, on our air this week, suggesting various ways how to change that balance more in favor of main street. do you think he is on to som
david: adam?ld say that maybe you can get out and put your money in europe will of the qe about to take place. david: that is good suggestion. >> earnings and revenue growth are expected to fall in q1, 2015, q2, 2015, year-over-year. this might be a time to maybe shift assets to europe. david: we'll shift our discussion a little bit but staying on wall street for a moment, wall street clearly loves what the federal reserve has been doing over the past four years but is the fed favoring...
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Feb 22, 2015
02/15
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KYW
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he's going to be the first to play here, david. david: 204 yards he has left. jim: do you think he has an idea what he needs to do? david: he knows exactly scoreboard down by the last green. that's mark minister. >> uphill, 75, basically. 70 is six meters on the green. six meters on the green meeds to be right of the pin. because you're coming up. know what i'm saying? it's cold and wet. you don't have 10 meters of help at the moment. even though you have this wind. that's the right club. david: a little over 175 meters. a little over 200 yards. nick: does he have room to hit a draw? david: not really. nick: so he's got to hit a really good, solid fade down the left there. just block it to the right of the flag. guarantees to get across that left-hand corner. that's what stopped jordan spieth landed on that corner. it's like sponge. it traditionally stops there. david: he's going to hit this hard. he's got 6-iron. nick: still better get it 185 through the air uphill. david: missed the eucalyptus tree. nick: it's not enough. missed it by 10 yards. missed his lan
he's going to be the first to play here, david. david: 204 yards he has left. jim: do you think he has an idea what he needs to do? david: he knows exactly scoreboard down by the last green. that's mark minister. >> uphill, 75, basically. 70 is six meters on the green. six meters on the green meeds to be right of the pin. because you're coming up. know what i'm saying? it's cold and wet. you don't have 10 meters of help at the moment. even though you have this wind. that's the right club....
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Feb 22, 2015
02/15
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WUSA
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he's going to be the first to play here, david. david: 204 yards he has left. jim: do you think he has an idea what he needs to do? david: he knows exactly scoreboard down by the last green. that's mark minister. >> uphill, 75, basically. 70 is six meters on the green. six meters on the green meeds to be right of the pin. because you're coming up. know what i'm saying? it's cold and wet. you don't have 10 meters of help at the moment. even though you have this wind. that's the right club. david: a little over 175 meters. a little over 200 yards. nick: does he have room to hit a draw? david: not really. nick: so he's got to hit a really good, solid fade down the left there. just block it to the right of the flag. guarantees to get across that left-hand corner. that's what stopped jordan spieth landed on that corner. it's like sponge. it traditionally stops there. david: he's going to hit this hard. he's got 6-iron. nick: still better get it 185 through the air uphill. david: missed the eucalyptus tree. nick: it's not enough. missed it by 10 yards. missed his lan
he's going to be the first to play here, david. david: 204 yards he has left. jim: do you think he has an idea what he needs to do? david: he knows exactly scoreboard down by the last green. that's mark minister. >> uphill, 75, basically. 70 is six meters on the green. six meters on the green meeds to be right of the pin. because you're coming up. know what i'm saying? it's cold and wet. you don't have 10 meters of help at the moment. even though you have this wind. that's the right club....
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david, back to you. david: thank you very much, tracy.ell our next guest said this week central banks all over the world are steeped in denial about the risks they face. i'm quoting him now, like lemmings at the cliff's edge. we heard such warnings before but not from the likes of stephen roach, senior fellow at yale university and former chairman of morgan stanley asia and professor roach joins us now. what a provocative statement, professor. i have to ask what are the biggest riskses that they face the central banks, particularly the risks they have put us front and center in. >> well, david, i wrote this article in, on the project syndicate platform to provoke discussion over the full intent of this global experiment with quantitative easing. the fed has injected 3 1/2 trillion dollars of liquidity into the system, well in excess of the expansion of nominal gdp over the qe period. other central banks rushing to follow suit. the bank of japan now of course, the european central bank, and i think what we're left with here is that they're
david, back to you. david: thank you very much, tracy.ell our next guest said this week central banks all over the world are steeped in denial about the risks they face. i'm quoting him now, like lemmings at the cliff's edge. we heard such warnings before but not from the likes of stephen roach, senior fellow at yale university and former chairman of morgan stanley asia and professor roach joins us now. what a provocative statement, professor. i have to ask what are the biggest riskses that...
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Feb 25, 2015
02/15
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david: he is. liz: still bearish. >> i'm still bearish. hi liz, hi david. the action has been nothing going on here. it has been extremely quiet. we've seen lower volume, lower volatility as we had nasdaq, 10 winning days in a row until today. still 14 out of six teen. the action is not healthy. it is not great. i will not fight the tape and say we're not going higher here. at this level i would be very surprised if the nasdaq didn't test the 1999 high. the data i'm seeing, things coming out, i'm not comfortable being long in the market except as my investment account. as a trader i want to be short. i'm waiting and dying for an opportunity to sell this market. david: michael, let's talk about the economist. janet yellen was talking about it yesterday and today. is the economy strong enough to support prices on these equities? >> in general i think that on the short run we can continue it, because on relative basis things are okay. david: but what about long term? >> long term i think evaluation, extremely high. you have to go back into the late 1990s, into
david: he is. liz: still bearish. >> i'm still bearish. hi liz, hi david. the action has been nothing going on here. it has been extremely quiet. we've seen lower volume, lower volatility as we had nasdaq, 10 winning days in a row until today. still 14 out of six teen. the action is not healthy. it is not great. i will not fight the tape and say we're not going higher here. at this level i would be very surprised if the nasdaq didn't test the 1999 high. the data i'm seeing, things coming...
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cheryl: red for the year too, david. david: red for the year, straddling the line. not a good way to end the day, we've got a great day to end the week. folks joining us. "after the bell" starts right now. breaking down the whole week session, michael smith of alpine funds, matthew tuttle of tuttle tactical management. scott brown, raymond james, looking at this week's economic activity and jon hilsenrath on the panoply of the board, and al alan from the cme. it took it on the chin today, why? >> we're seeing unwinding, approaching the halfway point of this rally from the december lose to the recent highs about 1300. i look at that as a positive sign, unwinding in treasury as well. the safety factor is gone, rates bounce up to normalized after that huge crash that we saw in the 10 year and the 30 year as far as the yields go. a very optimistic week for stocks, we had a bit of a pullback, down 10% on the day today. cheryl: jon hilsenrath, it looks that the sell-off going into the close, and by the way, a lot of volume behind the sell-off, jon, because of the jobs rep
cheryl: red for the year too, david. david: red for the year, straddling the line. not a good way to end the day, we've got a great day to end the week. folks joining us. "after the bell" starts right now. breaking down the whole week session, michael smith of alpine funds, matthew tuttle of tuttle tactical management. scott brown, raymond james, looking at this week's economic activity and jon hilsenrath on the panoply of the board, and al alan from the cme. it took it on the chin...
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Feb 11, 2015
02/15
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FBC
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david? david: a real rate fight going on.get made in the usa, more companies turning overseas relying entirely on china. coming up we'll talk to the ceo of a toy company what is blocking him from producing his products here in the usa. >>> nbc suspending brian williams for six months without pay. the company still has to work hard to win viewers trust. can they do it? we'll talk to one expert who helped restore the brands of hundreds of companies, bob dilenschneider. tell us what you think. did nbc do the right thing or should they fire brian williams outright? send us a message on facebook or tweet us @fbnatb. your answers coming up. at ally bank no branches equals great rates. it's a fact. kind of like mute buttons equal danger. ...that sound good? not being on this phone call sounds good. it's not muted. was that you jason? it was geoffrey! it was jason. it could've been brenda. it's working for new york state. already 55 companies are investing over $98 million dollars, and creating over 2100 jobs. from long island to all
david? david: a real rate fight going on.get made in the usa, more companies turning overseas relying entirely on china. coming up we'll talk to the ceo of a toy company what is blocking him from producing his products here in the usa. >>> nbc suspending brian williams for six months without pay. the company still has to work hard to win viewers trust. can they do it? we'll talk to one expert who helped restore the brands of hundreds of companies, bob dilenschneider. tell us what you...
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david?outbreak is spreading to three more state, delaware, michigan and nevada with an additional 19 more cases confirmed last week. it is now in 17 states including washington, d.c. with a total of 121 people infected since january 1st. the outbreak believed to have started to spread in disneyland in southern california december last year. the u.s. reported its highest number of measle infections in 20 years, there were 644 cases, liz. liz: well, that's alarming. well, parts of the northeast getting pounded by even more snow today. jeff flock, though, outside enjoying an incredibly fast-paced -- david: oh, my god can. liz: -- winter -- david: oh, no. >> i am in the only place in america where you can actually show up and get on an olympic luge! demystifying the luge and building an olympic sport, went we come -- when we come back! stay tuned! gerri: hi, everybody, i'm gerri willis. coming up on my show, an increasing number of americans choose to rent rather than buy their homes. why is it
david?outbreak is spreading to three more state, delaware, michigan and nevada with an additional 19 more cases confirmed last week. it is now in 17 states including washington, d.c. with a total of 121 people infected since january 1st. the outbreak believed to have started to spread in disneyland in southern california december last year. the u.s. reported its highest number of measle infections in 20 years, there were 644 cases, liz. liz: well, that's alarming. well, parts of the northeast...
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Feb 25, 2015
02/15
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BLOOMBERG
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his parity good for david hill -- is parity good for david hill?e will get you parity this year. if anything, the news on -- out of europe it has been surprising on the upside. of the interesting thing for germany come as much as they often complain about the challenges in the eurozone, were they not in the eurozone environment, their currency would be skyhigh and they would be uncompetitive. germany first among equals benefits in this environment. brendan: how do you deal with that? david: you look for companies that benefit from the euro. the euro has been too strong in the last four or five years. it was trading at sometimes north of 1.50. and really did not justify the fundamentals. brennan: we've been talking about the industrial heartland of europe. look around to the periphery. robert schiller said it's a good time to be buying in greece and portugal. are you looking at that? david: i would say look at the periphery, places like an and ireland that have really undertaken structural reform. the big message this year, they are getting benefits
his parity good for david hill -- is parity good for david hill?e will get you parity this year. if anything, the news on -- out of europe it has been surprising on the upside. of the interesting thing for germany come as much as they often complain about the challenges in the eurozone, were they not in the eurozone environment, their currency would be skyhigh and they would be uncompetitive. germany first among equals benefits in this environment. brendan: how do you deal with that? david: you...
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Feb 20, 2015
02/15
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david and liz. >> unbelievable. only four months. keep that in mind, david. david: four months. we might be right back here in four months. peter, break down today's record breaking action on dow and s&p. john maxim from beacon capital management. there are reasons to be cautious despite the greek deal. he has several headwinds you should watch out for. alan knuckman in the pits of cme. alan, stocks are way up. record territory for the dow and s&p. gold is way down. the vix is at 2015 low. have the markets finally calmed down this year? >> well i think so. the markets moved past the greece situation we see many times. every few years this flares up. but every market selloff has been lesser each and every time. so, it may be cold outside. it is really hot in these markets. we're at the highs. you have to be more selective after the move. 6% straight up in the s&p without much break since we've seen reversal february 2nd. liz: february 2nd, okay. let me get to john. you've been warning that the bull market is getting gray at the temples. i have heard warning for five years. it kee
david and liz. >> unbelievable. only four months. keep that in mind, david. david: four months. we might be right back here in four months. peter, break down today's record breaking action on dow and s&p. john maxim from beacon capital management. there are reasons to be cautious despite the greek deal. he has several headwinds you should watch out for. alan knuckman in the pits of cme. alan, stocks are way up. record territory for the dow and s&p. gold is way down. the vix is at...
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Feb 24, 2015
02/15
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david: guys, thank you very much. larry rosenthal, david richmond. larry shover, we're not done with you. check back with the s&p futures close. thank you all. liz: let's not ignore the russell 2000. small and mid-cap index hitting another all-time high today. there it is on the screen. 1233. dig more deeply. >> the small cap index, which names have reallyings to run? which names should you avoid or even short? our panel coming up. david: the big policy news today, the sec's big decision on the regulating the internet, it is expected thursday to be official. a former fcc commissioner telling us what it will sway their vote the most, what he thinks will happen to the internet as a result of government regulation. liz: and it is the battle of homebuilder stocks versus home improvement stocks. toll brothers and home depot both reported great numbers today but is there one area that will win the war over another this year? we're debating it. don't go away. ♪ the future of the market is never clear. but at t. rowe price, we can help guide your retirement
david: guys, thank you very much. larry rosenthal, david richmond. larry shover, we're not done with you. check back with the s&p futures close. thank you all. liz: let's not ignore the russell 2000. small and mid-cap index hitting another all-time high today. there it is on the screen. 1233. dig more deeply. >> the small cap index, which names have reallyings to run? which names should you avoid or even short? our panel coming up. david: the big policy news today, the sec's big...
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Feb 18, 2015
02/15
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david: worse?because after the financial crisis they raised underwriting standards a bit to about 5% on average down payment. now, they're regulator a few weeks ago, actually 5% is too much. we want you to reduce your underwriting standards to 3%. pretty soon, if the government wants to stimulate yet more housing they will reduce them down to zero% down paints. the point is, the government has tremendous incentive to reduce underwriting standards in order to boost the housing market. david: here's the dilemma. if in fact interest rates move up, we know they will move up, the government is on the hook for these very low interest rates, going, 10, 15, 30 years, what happens to the government's holdings? what happens to the government's mortgages? >> it will be, we'll have a serious problem here. not only is fannie mae involved in this but the fed has been buying fannie mae mortgages, fannie mae mortgage-backed securities. as a result if interest rates rise those will decline in value too. david: i kn
david: worse?because after the financial crisis they raised underwriting standards a bit to about 5% on average down payment. now, they're regulator a few weeks ago, actually 5% is too much. we want you to reduce your underwriting standards to 3%. pretty soon, if the government wants to stimulate yet more housing they will reduce them down to zero% down paints. the point is, the government has tremendous incentive to reduce underwriting standards in order to boost the housing market. david:...
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Feb 1, 2015
02/15
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married and moved to david's michigan farm. it seemed to be the ideal place to raise a family. they bought two tennessee walking horses which were recommended because of their gentle nature. on july 23rd, 1980, ten months after the wedding, shannon and david rode their horses to see their neighbor, dick britton. dick was having a problem with some farm machinery, so david spent time helping him. >> we worked probably half an hour on this tool, and shannon come up and asked me about taking our boy norman home with them. and i went to turn around and tell her, sure, go ahead and take him, and dave said, no, you can come get him in the morning. shannon had asked me the question, but he had answered. and so i dropped it. >> david and shannon then mounted their horses and left. instead of going back the way they came, they took a short cut through the woods. a short time later, david raced out of the woods back to dick britton's farm. >> dick, come quick! >> he come riding back and he had blood on his shirt. he was sweaty, perspirin
married and moved to david's michigan farm. it seemed to be the ideal place to raise a family. they bought two tennessee walking horses which were recommended because of their gentle nature. on july 23rd, 1980, ten months after the wedding, shannon and david rode their horses to see their neighbor, dick britton. dick was having a problem with some farm machinery, so david spent time helping him. >> we worked probably half an hour on this tool, and shannon come up and asked me about taking...
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Feb 27, 2015
02/15
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david: i want to see it. >> shake it off. shake it off. david: no losers at all?er here in chicago, rahm emanuel. it's time for a runoff for him right now, so that's going to be very tough. and chicago sports fan, we lost derrick rose and patrick kane. david: carrie? >> the american people lost when president obama vetoed the keystone pipeline. let's hope there's a way to override the veto or be able to export oil because that's how main street is going to -- david: okay, and the winner? >> winner, i'm down here in d.c. for cpac, i would say the conservative movement, they're the winners this week. there was a great slate of candidates that have been talking and presenting their platforms for economic reform. 2016, the democrats aren't looking so good -- david: well, we'll see. you gave me a nice segway to my winner. i think it's scott walker, by the way, because a lot of people have been looking at jeb bush. he's taking the money, bigger profile, but scott walker more a middle american kind of guy. for goodness sakes, he's a college dropout. you can identify with
david: i want to see it. >> shake it off. shake it off. david: no losers at all?er here in chicago, rahm emanuel. it's time for a runoff for him right now, so that's going to be very tough. and chicago sports fan, we lost derrick rose and patrick kane. david: carrie? >> the american people lost when president obama vetoed the keystone pipeline. let's hope there's a way to override the veto or be able to export oil because that's how main street is going to -- david: okay, and the...
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Feb 8, 2015
02/15
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david: we have j.b.at lie in the bunker but harris english as you said 242 and i think he can get enough elevation. the lie is kind of matted but he might think about going at this try and carve something out of this. nick: as he got a 5-wood in the bag? david: he does. nick: that's going to be a max with that club. jim: looks like stallings is way out. he and john yarbrough are just trying to figure out where to lay this up. peter: 229 total to the hole. it's a matter of what does he want for his third and how far can he advance this? nick: he'll do well to move it 150 yards. peter: not possible. jim: swings off the right side of the fairway and that will be just fine. nick: that might be a good angle because you're then playing away from that 2:00 position. you can go right at the flag and hop it past. so good move. peter: jason day has pulled an iron here. nick: his 3-iron. that's his power club. peter: he'll be the last to play i believe. jim: it's going to be english trying to weigh a very important
david: we have j.b.at lie in the bunker but harris english as you said 242 and i think he can get enough elevation. the lie is kind of matted but he might think about going at this try and carve something out of this. nick: as he got a 5-wood in the bag? david: he does. nick: that's going to be a max with that club. jim: looks like stallings is way out. he and john yarbrough are just trying to figure out where to lay this up. peter: 229 total to the hole. it's a matter of what does he want for...
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Feb 15, 2015
02/15
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when david waters' ex-girlfriend, patti steffens, read about david fry's murder in the newspaper, she immediately called the fbi. >> at first she wanted to tell us small bits and pieces. you have to understand this was a woman who was terrified. >> she gave investigators an important lead. three years earlier she said that david waters had rented a storage unit around the time the o'hairs disappeared and that waters had once gone there with this spray canister. laboratory tests on the canister revealed it had once contained bleach which is sometimes used to remove blood evidence. armed with a search warrant, police found a tiny red stain beneath a piece of aluminum under the wall. it was so small it was almost in visible. with blood from madalyn's son, bill for comparison, a mitochondrial dna test revealed the stain was a mixture of two people. madalyn murray o'hair and her son, jon murray. next the fbi searched jon's waters' apartment. >> we found documented that belonged to the o'hairs that were dated after david waters had been fired from their organization. >> mr. waters, himself
when david waters' ex-girlfriend, patti steffens, read about david fry's murder in the newspaper, she immediately called the fbi. >> at first she wanted to tell us small bits and pieces. you have to understand this was a woman who was terrified. >> she gave investigators an important lead. three years earlier she said that david waters had rented a storage unit around the time the o'hairs disappeared and that waters had once gone there with this spray canister. laboratory tests on...
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david: we have j.b.nd not a great lie in the bunker but harris english as you said 242 and i think he can get enough elevation. the lie is kind of matted but he might think about going at this try and carve something out of this. nick: as he got a 5-wood in the bag? david: he does. nick: that's going to be a max with that club. jim: looks like stallings is way out. he and john yarbrough are just trying to figure out where to lay this up. peter: 229 total to the hole. it's a matter of what does he want for his third and how far can he advance this? nick: he'll do well to move it 150 yards. peter: not possible. jim: swings off the right side of the fairway and that will be just fine. nick: that might be a good angle because you're then playing away from that 2:00 position. you can go right at the flag and hop it past. so good move. peter: jason day has pulled an iron here. nick: his 3-iron. that's his power club. peter: he'll be the last to play i believe. jim: it's going to be english trying to weigh a ve
david: we have j.b.nd not a great lie in the bunker but harris english as you said 242 and i think he can get enough elevation. the lie is kind of matted but he might think about going at this try and carve something out of this. nick: as he got a 5-wood in the bag? david: he does. nick: that's going to be a max with that club. jim: looks like stallings is way out. he and john yarbrough are just trying to figure out where to lay this up. peter: 229 total to the hole. it's a matter of what does...
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Feb 2, 2015
02/15
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i remember many times when i would question david and say something's not right. >> reporter: david stoneat the cops had dreamed up the murder plot story as a way to put pressure on him to turn him against his friend. and putting pressure on that friend, charles capone, is what happened next. he'd been found in a possession of a gun, a big no-no for a former felon. capone was placed in the county jail while awaiting federal charges on a firearm violation. in a cell, the visiting detectives had his full attention. >> and i get this interesting visit from dan hally and jackie nichols. >> i essentially opened it up with, "today, charles, you're going to tell me you killed rachael and where her body is." and his response was, "well, you only got one of those right. but i didn't kill her." >> reporter: if charles didn't kill her, who did? the investigators landed hard on david stone, the only other person known to have been with rachael that night. >> and we confront him with, "stone, we know you got blood on your hands." his response was he just sat back, and he said, "i need a drink of water
i remember many times when i would question david and say something's not right. >> reporter: david stoneat the cops had dreamed up the murder plot story as a way to put pressure on him to turn him against his friend. and putting pressure on that friend, charles capone, is what happened next. he'd been found in a possession of a gun, a big no-no for a former felon. capone was placed in the county jail while awaiting federal charges on a firearm violation. in a cell, the visiting...
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Feb 1, 2015
02/15
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david hartley's mother can barely control her emotion. >> what happened to david and tiffany was an actsimple. it was a senseless violence, but it was an act of terror. and that is not going to end at the border. it's over here already. >> reporter: and for tiffany herself, it is even more troubling. >> reporter: do you think your husband is a victim of, in a way, politics? >> i would say a victim of terrorism. politics. and -- the way of life of mexico. and the politics -- i think there's too many connections between u.s. and mexico, too much money going back and forth. >> reporter: connections you mean in a criminal way? >> in a money way. i think it's all money. >> reporter: in the air over border country, captain stacy holland says the financial stakes are so high for the drug cartels, that money takes precedence over everything else. >> so what the states faced with and the nation really is an aggressive narcotics smuggling ring, cartel, their interest lies in their inventory. that's what they're going to protect. and they're going to do whatever means necessary to protect their in
david hartley's mother can barely control her emotion. >> what happened to david and tiffany was an actsimple. it was a senseless violence, but it was an act of terror. and that is not going to end at the border. it's over here already. >> reporter: and for tiffany herself, it is even more troubling. >> reporter: do you think your husband is a victim of, in a way, politics? >> i would say a victim of terrorism. politics. and -- the way of life of mexico. and the politics...
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Feb 9, 2015
02/15
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david? >> but still goes quickly. cecilia, thank you. >>> now, to the standoff in alabama tonight. the judge standing up to the supreme court, when it comes to same sex mark. tonight, that state's chief justice leading the charge in defiance of the supreme court. the justices today refusing to block same sex marriage in alabama, but tonight, that judge standing his ground. in birmingham same sex couples waiting in line. but in many places signs like this one, turning them away. abc's steve osunsami in alabama. >> reporter: there were wedding bells today in nearly 12 alabama counties. same sex couples that never thought they'd see the day. but at least 51 county judges that's most of them are saying no to gay marriage and no to the federal judge who overturned the state's ban approved by voters. joe baker and russell wilson have shared a life together and today joined 100 same sex couples in mobile county expecting their courthouse to comply with federal law and issue them a marriage license.
david? >> but still goes quickly. cecilia, thank you. >>> now, to the standoff in alabama tonight. the judge standing up to the supreme court, when it comes to same sex mark. tonight, that state's chief justice leading the charge in defiance of the supreme court. the justices today refusing to block same sex marriage in alabama, but tonight, that judge standing his ground. in birmingham same sex couples waiting in line. but in many places signs like this one, turning them away....
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Feb 2, 2015
02/15
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david stone, would the jury believe a word he said? >>> coming up and what about the other man at the center of the case? though he won't take the stand, charles capone take the tough questions from us. >> this whole thread of this thing, i'll kill your wife if you'll kill mine -- did that happen? the last good man in america. [children shouting] listen to me. why are you swinging the bat at rocco like that? - you hit my child! - not in front of the kids! they're going to come after you. this is how people get scarred for life. i'm gonna put that maniac away. they want a fight? i'm going to destroy them. announcer: the slap starting february 12th at 8:00/7:00 central part of the new nbc thursday. >> you may find yourself in a quandary about as to what actually happened. >> reporter: charles capone's defense team had to convince the jury that their client hadn't strangled his estranged wife, rachael, and tossed her body into the snake river with the help of his friend david stone. charles had maintained his innocence. >> this just can't
david stone, would the jury believe a word he said? >>> coming up and what about the other man at the center of the case? though he won't take the stand, charles capone take the tough questions from us. >> this whole thread of this thing, i'll kill your wife if you'll kill mine -- did that happen? the last good man in america. [children shouting] listen to me. why are you swinging the bat at rocco like that? - you hit my child! - not in front of the kids! they're going to come...
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Feb 15, 2015
02/15
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on thursday night my friend david carr died. david was the man who knew all these men, who covered them all, held them all to account. david helped us and helped them understand the revolutionary changes that keep coming coming coming in the media industry. david was the wisest most wired media reporter in this country. his monday column was the definition of a must read. he collapsed in the "new york times" newsroom he loved so much. david used to say, i just want to get in the boat and row. he just wanted to help cover the big stories in the world of media. today we will pick up an oar and try to row without him. i'm joined by the best person to make sense of this week's news carl bernstein, one-half of the team that exposed watergate to the world. i wanted you to join us on set today because we've been talking about all these stories and how they are interconnected. they are different, deaths suspensions, retirement. it seems it me what connects all these stories is the word "trust." >> trust is a big part of it. also the con
on thursday night my friend david carr died. david was the man who knew all these men, who covered them all, held them all to account. david helped us and helped them understand the revolutionary changes that keep coming coming coming in the media industry. david was the wisest most wired media reporter in this country. his monday column was the definition of a must read. he collapsed in the "new york times" newsroom he loved so much. david used to say, i just want to get in the boat...
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Feb 11, 2015
02/15
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david? >> david kerley who covers aviation for us. david, thank you. >>> now, to the "american sniper" trial. millions have seen the movie about navy s.e.a.l. chris kyle. tonight, new images of the man accused of killing him. pictures from a veterans group showing the suspect. his trial begins tomorrow. and now comes word, chris kyle's widow will be among the first to take the stand. abc's ryan owens now. >> reporter: here's the eddie routh the jury will see tomorrow as they begin writing the real-life ending to the "american sniper" saga. quite a change from his mug shot two years ago. and tonight, a look at an even more dramatic transformation. these pictures released by a veterans group show routh during his service in iraq. tomorrow, prosecutors plan to start their case against routh by calling the widow of chris kyle and the mother of chad littlefield, the men killed two years ago at this texas gun range. >> two really good men who were helping somebody, they're husbands, fathers, good people. >> reporter: the testimony of taya k
david? >> david kerley who covers aviation for us. david, thank you. >>> now, to the "american sniper" trial. millions have seen the movie about navy s.e.a.l. chris kyle. tonight, new images of the man accused of killing him. pictures from a veterans group showing the suspect. his trial begins tomorrow. and now comes word, chris kyle's widow will be among the first to take the stand. abc's ryan owens now. >> reporter: here's the eddie routh the jury will see...
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david? >> linsey davis tonight, thank you. >>> and now, to that plane, falling out of the sky in taiwan. astonishing new details this evening from eyewitnesses, survivors and from a driver, hit by the plane. look at this. the man inside this taxi. it hit the car, clipping the bridge. the driver survives, but his chilling call for help here in a moment. survivors revealing something felt wrong during that short flight. less than four minutes in the air after takeoff. here's abc's david kerley tonight. >> reporter: if you look closely, you'll see that trans asia plane hit a taxi before slamming into the bridge. this taxi, and a driver lucky to be alive tonight. as he stumbled from his cab, he calls his dispatcher. "a plane flew by and hit me." the unbelieving dispatcher asks, "a remote controlled model plane?" "not a remote controlled plane, a small manned plane," declares the driver. a plane that missed nearby apartment buildings, but ended up in the river. this 72-year-old survivor says he s
david? >> linsey davis tonight, thank you. >>> and now, to that plane, falling out of the sky in taiwan. astonishing new details this evening from eyewitnesses, survivors and from a driver, hit by the plane. look at this. the man inside this taxi. it hit the car, clipping the bridge. the driver survives, but his chilling call for help here in a moment. survivors revealing something felt wrong during that short flight. less than four minutes in the air after takeoff. here's abc's...
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Feb 22, 2015
02/15
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david paul frediani went on trial as scheduled for helena's sexual assault. prosecutors had his fingerprints on helena's teapot. and they also found serological evidence. >> we also presented evidence that the semen on the pillowcase in helena greenwood's bedroom, first, that it was semen. second, that it was from a type o individual, who was a secreter. and that a pgm type, a phosoclugomutase of one plus, all matched frediani's blood type. >> dna testing in 1985 was still in its infancy. at the last minute when faced with the fingerprint and serological evidence, frediani pleaded no contest to the assault and was sentenced to five years in prison. but frediani said he was innocent of her murder. >> they knew who killed helena greenwood. and they knew it was david paul frediani, but they couldn't prove it. >> eventually helena greenwood's murder was relegated to san diego county's cold case files and forgotten. over the next several years helena's parents died, her husband, roger, developed cancer and he too passed away. >> and who is there to mourn for helen
david paul frediani went on trial as scheduled for helena's sexual assault. prosecutors had his fingerprints on helena's teapot. and they also found serological evidence. >> we also presented evidence that the semen on the pillowcase in helena greenwood's bedroom, first, that it was semen. second, that it was from a type o individual, who was a secreter. and that a pgm type, a phosoclugomutase of one plus, all matched frediani's blood type. >> dna testing in 1985 was still in its...
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Feb 16, 2015
02/15
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let's gin with david murphy -- let's begin with david murphy outside. >> reporter: i've got another one for you, this is the back bay behind brigantine, new jersey, where my twitter follower braved the elements as the sun was coming up. you can see the snowy ice in the water. no surprise given the temperatures that we had this morning. we set several temperatures in reading, one below zero. an trenton, 1 degree and 2 degrees at the airport in atlantic city. no matter how you slice it was bone-chillingly cold. in philadelphia, we got down to 3. that missed the record of 2 set back in 1888. that's impressive close to a record that's been standings that long. the morning windchills were always very apparent as you stepped outside. 16 below in philadelphia is what it felt like at one point. that's why we had the windchill advisories in effect, we were talking about how significant the frostbite issue was. it only took a half-hour to stand outside and get frost bite on exposed skin. 11 degrees in philadelphia. 12 in allentown. windchills 5 below in philadelphia. 1 below in allentown but we a
let's gin with david murphy -- let's begin with david murphy outside. >> reporter: i've got another one for you, this is the back bay behind brigantine, new jersey, where my twitter follower braved the elements as the sun was coming up. you can see the snowy ice in the water. no surprise given the temperatures that we had this morning. we set several temperatures in reading, one below zero. an trenton, 1 degree and 2 degrees at the airport in atlantic city. no matter how you slice it was...
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Feb 18, 2015
02/15
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david? >> david kerley in west virginia. david, thank you. >>> and now to the "american sniper" trial. tonight, a dramatic day in court. jurors shown a new video of the man accused of killing navy s.e.a.l. chris kyle in the backseat of a cop car. prosecutors say it bolsters their case. and abc's ryan owens again tonight from texas. >> reporter: defense attorneys for eddie routh start their case by showing the jury chris kyle's navy s.e.a.l. rifle, emblazoned with "american sniper" on the side. the gun and the man who carried it made famous in the blockbuster of the same name. >> she's got a grenade. she's got an rkg russian grenade. she's handing it to the kid. >> reporter: routh's attorneys are arguing the marine vet was so paranoid, he felt threatened by the five assault rifles kyle and his friend chad littlefield brought to that gun range two years ago. to further make that point, they called the killer's mother to the stand. jodi routh testified her only son wasn't the same when he got out of the military. she says he wa
david? >> david kerley in west virginia. david, thank you. >>> and now to the "american sniper" trial. tonight, a dramatic day in court. jurors shown a new video of the man accused of killing navy s.e.a.l. chris kyle in the backseat of a cop car. prosecutors say it bolsters their case. and abc's ryan owens again tonight from texas. >> reporter: defense attorneys for eddie routh start their case by showing the jury chris kyle's navy s.e.a.l. rifle, emblazoned with...
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Feb 9, 2015
02/15
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>> thanks david. >>> [laughter]. music's biggest night brought stars of all genre s on the stage. >> reporter: outside it was all about the fashion on the red carpet. the cool, the if you thinky, the glamorous. it was about the collaborations and the heartbreak and humor. >> i want to thank for breaking my heart because you got me four grammies. >> reporter: the night belonged to sam smith. beyounce added three grammies to her trophy case making her the second most honored woman in grammy history. her gospel performance one of a heartfelt moment of an intense night. >> john legend offered galore from selma. katie perry shared sexual survivors story. miranda lambert picked you mean the pace. >>> an epic performance by ac/dc. >>> laid gaga and tony bennett sang cheek to cheek. ann taylor swift made up with kanye west who interrupted her acceptance speech a year ago. she went to grab the mic from bech because boo and -- beyounce lost. >> bech needs to respect artistist tree, he needs to give his reward to bee beyounce.
>> thanks david. >>> [laughter]. music's biggest night brought stars of all genre s on the stage. >> reporter: outside it was all about the fashion on the red carpet. the cool, the if you thinky, the glamorous. it was about the collaborations and the heartbreak and humor. >> i want to thank for breaking my heart because you got me four grammies. >> reporter: the night belonged to sam smith. beyounce added three grammies to her trophy case making her the second...
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david? >> david kerley, thanks. the black ice a big concern, you were telling me. meteorologist ginger zee here with us now about where the storm is now and the concern coming tomorrow. >> reporter: right. that arctic air is not just creeping, but racing in, david. and that's what concerns me. this storm here a couple more hours left with this beast. we're going to push it out of here. maine even clears it after 1:00 a.m. and then it's windy and frigid behind. you put those two things together, the temperature and the wind and you're going to have wind chills. sub zero from cleveland to syracuse, back to international falls. it will feel like 1 in new york city and 9 below in boston, as we start tomorrow morning. and like you said, you take that wet pavement, even delaware, washington, d.c., freeze it, and that's going to be a problem tomorrow morning. >> all right, ginger zee with us tonight tonight. >>> and there is one more weather headline. a much different and dire headline from the west. drought tonight making headlines yet again. and san francisco, no measur
david? >> david kerley, thanks. the black ice a big concern, you were telling me. meteorologist ginger zee here with us now about where the storm is now and the concern coming tomorrow. >> reporter: right. that arctic air is not just creeping, but racing in, david. and that's what concerns me. this storm here a couple more hours left with this beast. we're going to push it out of here. maine even clears it after 1:00 a.m. and then it's windy and frigid behind. you put those two...
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Feb 13, 2015
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john: we will get you next time david.ark: we will get you next time david. ♪ >> this in great stuff on the bloomberg politics website, including a new piece by the fund-raising wars. >> there is also a lot of news of jeb bush having a press conference in florida. he talked about national security and said he was not going to talk about iraq and afghanistan in terms of the past, but rather in the future. >> that is what things are talked about by candidates. >> we are bringing you our friends down on ll2. >> we are live 24/7 on bloomberg politics.com. up next, taking stock. and on radio, radio bloomberg law. ♪ >> hello, i am pimm fox and this is "taking stock." economic growth in europe accelerates and oil prices increase and u.s. stocks move higher. the s&p 500 rose gray record today -- closing half a percent to nearly 2100. president obama wants corporate america to better cooperate with the federal government in order to investigate and combat cyber threats. the president addressed an audience at stanford university whi
john: we will get you next time david.ark: we will get you next time david. ♪ >> this in great stuff on the bloomberg politics website, including a new piece by the fund-raising wars. >> there is also a lot of news of jeb bush having a press conference in florida. he talked about national security and said he was not going to talk about iraq and afghanistan in terms of the past, but rather in the future. >> that is what things are talked about by candidates. >> we are...
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Feb 17, 2015
02/15
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>> reporter: that's all they can really do david. it will be hours before it burns itself completely out. then a look at the environmental damage. the inlets from the river have been shut down. residents have been told to conserve water. >> all right, david kerley with us tonight from washington. david, thank you. >>> now, to new developments this evening in the "american sniper" trial. the man amused of killing navy s.e.a.l. chris kyle. his transformation from his days as a marine in iraq, looking much different now in court. well, this evening, for the first time, we see the video of his police confession. here's abc's ryan owens from texas. >> reporter: head down on the table, hands cuffed behind his back. that's how the jury first sees eddie routh in this police interrogation tape the night he killed navy s.e.a.l. sniper chris kyle and his friend chad littlefield. finally, he sits up when the texas ranger walks in and asks him what he did. "it's so sad how it had to happen and stuff, you know, how it did happen," routh tells the
>> reporter: that's all they can really do david. it will be hours before it burns itself completely out. then a look at the environmental damage. the inlets from the river have been shut down. residents have been told to conserve water. >> all right, david kerley with us tonight from washington. david, thank you. >>> now, to new developments this evening in the "american sniper" trial. the man amused of killing navy s.e.a.l. chris kyle. his transformation from...
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david went to give him the money. when david started feeling that his brother might be the unabomber, he started connecting the dots and came to believe that his loans to his brother had actually financed the last two murders, bombs 15 and 16. that actually turned out to be correct. i think out of that share knowledge david understood that he could not sit on this information and he divulged it. >> along with the other information, you learned where ted kaczynski was living? >> yes. >> how was the decision made to get a search warrant for that cabin? >> we had had a search warrant in various stages of preparation all along, because it was a very massive search warrant. there was a lot of information that we could include before even knew who the unabomber was. you have to put in information about each one of the 16 devices, including the various components of the devices so that you know which are searching for when you execute the warrant. you have to put in the basic facts, connect all 16 devices. a lot of that was
david went to give him the money. when david started feeling that his brother might be the unabomber, he started connecting the dots and came to believe that his loans to his brother had actually financed the last two murders, bombs 15 and 16. that actually turned out to be correct. i think out of that share knowledge david understood that he could not sit on this information and he divulged it. >> along with the other information, you learned where ted kaczynski was living? >> yes....