david goldman, as always. it's about time for president obama to make a decision on the s keystone pipeline but the environmental lobby will not accept anything but total victory. they're even talking civil disobedience. and later on it was hillary clinton's big day on capitol hill answering sometimes very blistering questions about the september 11th benghazi attacks. we'll look closely at what we learned and what it all may mean. and doesn't forget, free market capitalism always the best path to prosperity. leave our economy alone and it will explode. trust me on that. i'm kudlow. we'll be right back. and...done. did you just turn your ringer off so no one would interrupt us? oh no, i... just used my geico app to get a tow truck. it's gonna be 30 minutes. oh, so that means that we won't be stuck up here, for hours, with nothing to do. oh i get it, you wanna pass the time, huh. (holds up phone) fruit ninja!!! emergency roadside assistance. just a click away with the geico mobile app. >>> more than half of the

in the last week mike davis, david goldman, deputy superintendent lee convened a meeting between creative arts and gateway to discuss the facility situation and while i was not at the meeting but apparently there wasn't obviously agreement on everything we were encouraged to hear at that meeting there is agreement that colocation of these two schools on the golden gate campus will not work for the following school year, meaning 2014-2015 and apparently at the meeting they made the commitment to work with the schools to find a long-term solution as soon as possible. as i was saying you heard from the board, hundreds of parents. we continue to believe that colocating gateway and creative arts even for next year is illegal and not good for the students. it also creates unnecessary tension with two schools with a great history of working well together so we ask this option taken off of the table and not part of the offers sent out this week, but what is worse is the continued uncertainty of where the schools will be located and not good for the kids or the parenting or staff and this will not

i am david goldman chief f officer. you know that we have a strong relationship with the puc and receive the water and power at 1/3 the cost everybody pace for in their house they fund our sustainability and sponsor a number of projects. they have some funding to come in and do solar installations at certain sites in our district that they deem to be appropriateness and it has a new roof. it's in a part of town that sets a lot of sunshine and typically the size of a roof that works for a about a $500,000 installation. the advantage of these installations is that they install it for free. they maintain it for 25 years and we get the power in the school at exactly the same rate we would pay if it came across a wire from hetch hetchy, so it's sort of the universal win-win of going green. now, on the flip side we're also doing some of our own installations so we're trying both. we have just finished the first one that they did for us at el dorado and the puc subcontracted the work out to their solar provider commissioner. t

if you want to read more, go to david goldman's full article at cnnmoney cnnmoney.com. >> i feel better. alison kosik, thanks so much. talk back. what, if any, n gun laws should be passed? facebook.com/carolcnn. your responses next. i need you. i feel so alone. but you're not alone. i knew you'd come. like i could stay away. you know i can't do this without you. you'll never have to. you're always there for me. shh! i'll get you a rental car. i could also use an umbrella. fall in love with progressive's claims service. >>> talk back question today. what if any new gun laws should be passed? this from dan. all the king's horses and laws cannot stop someone from breaking the law. deal with the real issue, mental issue. it's too far gone to fix. unfortunately, these things will keep on happening. assault weapon ban, bullet registration, background checks and mental health checks on all gun sales. from john, ban assault weapons and high capacity magazines. this from gary. what would a gun ban do? keep the guns out of the hands of criminals? nope. americans protecting themselves from these c

david: let's switch to banking. goldman sachs hitting new 52 week high. but look at morgan stanley. up almost 8% and of course it was all because of charlie's terrific interview with jim gorman, about which we're going to hear more in this hour. nicole: it was a terrific interview. the truth is they are hitting some new highs. a lot of folks i talk still believe financials will be great in 2013. some of them are really doing well. liz: it's a great day at least for some of the handful of companies that are out there today. [closing bell ringing] liz: a carpet company, interface, we just had the ceo on in the last hour, they make the square -- do you see how they're holding up the pieces of square? that's carpet. david: if you have seen it on the news chances are you have seen it here even before it happens on the news. the bells are ringing. let's take a look at the indices. only one index is in the negative, that would be the nasdaq. apple not managing to find ground again today being pulled down. we thought maybe it had reversed that downward trend yesterday. not so today. all the

david: let's look at the banks. this week is a big week for bank earnings. goldman sachs, i remember in june selling at 90. today it is over at 140? >> new high, 141 and change. both goldman sachs and jpmorgan with up arrows. goldman sachs new high. liz: speaking of tech, another big tech cap name, hewlett-packard made a big upside move. [closing bell ringing] david: the bells are ringing. mixed picture as we look at the different indexes. dow jones not able to go into the green. but the s&p is there, tracking up a tick. nasdaq pulled up. not a huge increase on nasdaq. when you think of the influence of apple on the nasdaq itself, the nasdaq index being hugely influenced by that. were it not for gains by apple we would have seen negative gains on nasdaq as well but it did show gains. s&p flirting with the up and down arrow as we speak. liz: touch-and-go moment by moment. look at dow jones transportation index the transports hitting an all-time high today. the index is a composite of to big companies from airlines to railroads to the trucking industry. some investors follow the dow theory the dow and transp

david join us now. good morning, guys. >> most exciting day of 2013. >> we've got jpmorgan. we've got the goldman blowout. t quickly with dell. we'll obviously talk about it on the show. finally got details in terms of where they're talking in price. more importantly, answering your question, when you're reporting, you make certain assumptions. one of the key ones is, my god, given the size of it, it's got to be a 4 or $5 billion equity check. when you finally make the call and get through and get calls back, you know that problem. >> yeah. >> i find that is probably closer to a $2 billion equity check. making the level of difficulty much less because of repatriation. >> pay 35% tax. >> and they're willing to do it. silver lake in the driver's seat. so we'll see how the stock trades today. this thing looks like it has a lot more legs to it. >> david, when you say more likely, give us the number. yesterday they said 80% chance it doesn't happen. >> i have to go the other way at this point. that's based on reporting, andrew, not making any guesses. but speaking to people close to this thing, i think the chan

sandra: david, a big week for bank earnings. we'll hear from goldman, just to name a few. plus some much those regional banks up next. we've got an analyst ready to tell you who is going to beat and who will miss. he is naming names. you can ask before they report. >>> fed chief person bern taking questions right now as we speak at the university of michigan. our cameras are rolling and peter barnes is monitoring. we'll bring you any important comments that affect you and your money. keep it right here. we've got it covered. ♪ . at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ]

goldman sachs. find out more after this. ehicle. when i came here, i... i couldn't move. [male announce david was broadsided on the highway. they weren't very hopeful at the time that he would survive at all.. [male announce an ied wounded mike in afghanistan. i don't remember all of the blast... was over 500 pounds of explosives. [male announce their physical injuries have healed. the traumatic brain injuries - tbis - haven't. the way i describe it is you're just afraid. am i going to start forgetting things? [male announce tbi is as serious as any battlefield injury. you're just not the guy you used to be. [male announce thankfully va has made important advancements in tbi seeing it, treating it, understanding it. and they're here to help veterans affected by it. i can see that what we're doing here at the polytrauma unit is to move from survivability to thrive-ability. [male announce if you think you or a veteran you know has sustained a brain injury, get screened. it is one of the most sought after classes in america. warren buffett, ceo of berkshire hathaway and lloyd blankfein, ceo of goldman sachs created a quickie

david? williams-sonoma holiday sales missed estimates, so they got the two biggies, raymond james and goldmanare not thrilled with leslie stock getting hit 25% for williams-sonoma. you have got to love that stuff. you walk in and buy more than you really need it. in the meantime we have investors buying today. we're getting ready for intel earnings and so many more big interviews coming up. david: richard fisher coming in as well. and the market today finally rallying a good economic whether the fed is printing more money or whatnot based on the fact unemployment figures are looking better

david palmer at ubs. >> still to come, goldman sachs ceo lloyd blankfine on the fed and his beard. stay tuned.pletely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity options... evaluate them with our p&l calculator... and execute faster with our more intuitive trade ticket. i'm greg stevens and i helped create fidelity's options platform. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. more "likes." more tweets. so, beginning today, my son brock and his whole team will be our new senior social media strategists. any questions? since we make radiator valves wouldn't it be better if we just let fedex help us to expand to new markets? hmm gotta admit that's better than

david: and the number one thing to watch next week will be bank earnings. bac and everything on thursday. we'll hear from jpmorgan, goldman sachs. thursday we hear from citi and bank of america. melissa: i'm melissa francis and here's what's "money" tonight. well you probably heard about shell's grounded alaskan oil rig but did you know why it might have been moved, to avoid taxes. we'll drill down on those details. plus ditching the gas tax by the side of the road. virginia governor bob mcdonnell, wants his state's 17.5 cents gas tax gone for good but he wants to raise another tax instead. he will join us in a fox business exclusive to tell us how it all shakes out. >>> a landmark decision in the sports world. major league baseball will start random in season testing for steroids. will the help its tarnished image and bring in ticket sales? we have former cincinnati reds pitcher, rob dib bill. even what they say it is not it is always about money. melissa: all right. first let's take a look at the day's market headlines. stocks reversed early losses capping off the week with modest gains. the dow gained 17 points to clos

goldman sachs is expected to post $3.78 earnings per share. analysts looking for jpmorgan a buck 16 and a 24.4 billion in revenue. david: folks, thanks for watching. it will be a busy day tomorrow. see you then. melissa is then. melissa: i'm melissa francis and here's what is "money" tonight. lance confesses. the fallen super athlete admits he doped to oprah and now his legal nightmare begins. how much could he owe? is his brand still alive? today's power panel kicks into high gear to respond. >> if you give a mouse a cookie he will probably want a glass of higher taxes that is my theory. we're just seeing a hit to our paychecks because of this year's tax increases. now the president says we need to give him even more. we'll tell you how bad it could get. >>> u.s. gas demand has slipped to the lowest level in years but is it really because of fuel-efficient cars or could it be so many people out there are out of work they can't even afford to pay at the pump? we'll get to the truth behind the numbers. even when they say it is not it is always about money. melissa: all right. here's today market moment. mixed economic d

meantime, goldman sachs making waves with the bonus pay joits. we'll get that in a moment. after the break, davidmel karmazin. he's here to give us his very first interview since stepping down as the ceo of sirius xm. we're back in a couple of minutes. mine was earned in djibouti, africa, 2004. the battle of bataan, 1942. [ all ] fort benning, georgia, in 1999. [ male announcer ] usaa auto insurance is often handed down from generation to generation because it offers a superior level of protection and because usaa's commitment to serve the military, veterans, and their families is without equal. begin your legacy. get an auto-insurance quote. usaa. we know what it means to serve. that your mouth is under attack, from food particles and bacteria. try fixodent. it helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, and forget it. sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every day! woo-hoo!!! so that's ten security gators, right? put th

check out a piece on "usa today" and david ford has written a piece on behalf of harping greenberg trying to get aig to participate in this. interesting read. >>> goldman to make a $1.5 billion settlement. this is separate from the settlement announced earlier this week involving larger mortgage servers like bank of america and citigroup. >>> a dreamliner was canceled scheduled to fly today. it is due to brake problems. yesterday, a fuel leak forced a 787 operated by japan airlines to cancel from boston's airport. monday, another electrical flyer after a japan airlines flight from boston to tokyo and customers rerallying behind saying glitches are common among such planes and they have no plans to scale back. we're now at a point -- they had ashtrays anymore, if you had one that was jammed you'd hear about it on a 787 at this point. brake -- how often have you been on a plane there's some kind of mistaken issue. >> and you're waiting and waiting. >> now, if it's a 787 -- >> tweet about it. >> tweet about it and hear about it. we'll see. >> dish network trump iing the f offer for clear wire. they own crucial mobile spectrum. dish planned to buy its way

goldman sachs at 18-month highs. >> japan airlines grounding their entire dreamliner fleet. >>> dell shares falling this morning after david faber reports that a deal could be announced within two weeks, but at a price of 13.50 or 14 a share, he's got the details. >>> rising food costs taking a bite out of fourth-quarter earnings. shares down there. >>> goldman sachs blowing past street estimates with 560 a share. beating wall street frachts. jpmorgan posting better than expected earnings of 53%. jpmorgan's board cutting ceo jamie dimon's compensation in half to $11.5 million. this following an investigation of the bank's $6.2 billion trading loss. he respects the board's decision on this pay cut. interesting stories for both of them. of course, both of them a huge impact on the market this morning, jim. >> goldman sachts sachs is a quarter from the old days. people didn't think they could have a big return on equity. this was dramatic. the stocks, tangible book value has been something that hasn't mattered for goldman for a while. i think it's going to start mattering. cash on hand, i think you'll see a tangible book valu

goldman sachs is now the nfl, he'll joining us from new orleans and monies coming out of treasuries, going elsewhere in fixed income, we'll tell you where with dodd kissley of blackrock. >> simon davidtellation. here's what you missed earlier on. >>> welcome to hour three of "squawk on the street." here's what's happening so far. >> we have to see who is going to be successful at auction and frankly, the way this has gone so far, i think the auction on the cake side, the twinkie side will be wild and woolly. >> i think 16,000 to 17,000 is a very strong possibility. this could be a real double-digit year. >> oh, wow. >> this is what we want from great american companies, so i'm not against what they're doing. it may not be a reason to go buy the stock because people don't want to hear 50% increase in expenses but if you want to win, game, set, match, like they do, you do exactly what zuckerberg is talking about. >> this is a great bull market. it is. i mean, the average is going up big. transports, could we go for a breather? it would make sense but the fed is not stopping. [ bell ringing ] >> interest rates have definitely been a key factor in the industry coming back but really the