we dd a lotore c comg your way from sun valley. wewe will bealalng to the c of pipita management anand road scholar and ststar of the decrcric party,y, corey okok. al o ouruest is talklkin about the international s sto which is a bibig rtrtf the story here. 'll be right back. d'pppppi >>> > weomome back, everyone. alal aboutalalki about wheree the economy reallyis. joining g us is someonene w has bebe talking tollll of the exexututiv in the room and lklkinto other i iesesto and mang invnvtmtmen dececisnsns vid i i presidenent dd ceo o of third avenenue management. th have funds and all of themem have been solid d peororme so far. it's good toavave you with us. >> griri t to here. >> srtrt with t theig question on the cocono. we describeded t moodasas glum t best. pepelele a talkingbobo stababily y ancareful to say we are not in rovery dede. what's's yr r view? >> we try notot to spend t much time having g a v vww aut mamacrvevensike that. itit'sararto ededicand the people who a spending timearare fafasmarter than w e.e. most

thatat's big ueuestn.n. >> dd that's t p polical question. shshdo you thihink h he h h dona gogo job? do y youhihink he should sy there? >>>> oe got hisis fooooti after the fall where h he was to involved in eaeasu, i t thi he has reasserted himself. >> what is all t thi b bnanank woworsp.p. youuys have both been criticacal of him the papast t't' look at t record. he w was greenspspss right hand maman. >> i t tugught vince was. butam absolving hihi becacaushehe has bn outofof office for awhile. he was rtrt and parcel of t the crash of t the dollar. >> there is t bububbl >> tnn bernanae e wapart of the exexceivivtightetengng. he was wayy late. i don't t kn t t right anansw.. i i usthrhring thihi in >>>> want to s seepipirifrom you.u. larry, i agree witith you 100%. ii agreee that it w was too lite too le.e. -- >> whoho wants to b be the czar, regulator, whataterer for banks. >> numberr two, ben bernanke's ggest prprobm. i i the supuppl sider and he ows banking. what's wrong with thatat. he is nice toooook at. come .. >> t ttt would be first.t.

i lost 100 lbsbs. dd lowered my blood s sug l lev. nutrisystem ddanged my.ofananwho have lost weweig a and controlled theirir dbebete with new nutrisystst d d. baback b b35 years of resesear a andow glycemic index science nutrtristeted works. satisfaction guaranteeee or your money back! loloseeight. llll oclick today. u have questions. whwhcacan ve you the financial adviviceououeed? where wiwillououind the stability anand sosours toto kp p u ahead of this rapipidlevevolng world? these are tough ququtition th''s why we brought togegeth t twof the most popoweul names introducing momoanan snley smith barney.sy.y. here to o reininkwealth. here t tanansw... your questions. rgrga new wealthth barney.y. managegeme f fir >>> it's kind of a storyaiaid e sa/she said. politico.com r reptingppppel keker j.rew was inin first ughters as a marketingtotool afafr r th first daughterss wer spottedeaeari head-to-totoe j. crew outfits. politico ysys j. creww sent oua prs releaseoo about 100 reporters, featuring a a photogogphph o the kidss leavin thplane anddetails of w wt sash

did not declineo o e extent peopop thought,utut it stiti dd cline.urprised to see same-s-sto s sal be a little bit less robust than e expteted. >>ndnd bobob, iff wre not gettig y -- if we're a longayay away from expanansi a and s snding as malcolm m lklkedabout, howw d d ininvestors there now pee the recoveryry? >> first of all, on thth coconser,etet's m m just dnd comment bebecaee i can y youave ryry car trends. rst of al worldwide, a a increase in savingss rates. ereric savings ratat havee go, for xaxale, frommeing negatitiveasas november being aroundnd 6/6/%. >>> and the third thihings the swchch ay from capital goods ending, luxury y goss spending to basicconsumumptn.n. d d i ink the investment strategy which plies to the coumer sector andliesoo a number of otherr s secrs for,, really, the rest of t thi year, is focuses on p phaaceutical seconders.s. plus the utilities sectotor. avavoi sectorshehe marginssrere under prpresrere, where we stil have deleveraginggndnd o oveasa whicichahas en cut back. >> is that ptttt souound malcolm? yeah. a certain

but i dd not follllowthat logi.re-electct soso is the mostfficient thing to doutut to ququit >> well, a a couple ofthings. at we've efended herrrom is theidiculous attatack and thth chdish attacks thatwewe out there, and therere re many,nd enen tre were alsoo many, ma quesesonons out her candidacy and abouther ability to campaign t thawewe raised a as , too. and she did not riri to t the occacasi a as candidate. this news conference, herere' e oboblewith it, fundamentally. you're doing it on aay wherere clearly there's n no news verage soso u're tryingtoto slide it unundeththe, leaving office in two weeks and ayear before youou term ends? i'i'm sorry, thatat a big one. >> t, tell us really quickly -- >>e have to get to norah. >> one of sarah palilin' strongest defendnds,s, iant to make s suri'i'right here. the logic o of rarapalin, i'm quittiti b becse i'm a lame duuk anan that's goingg twawast alaskan n x x doars. i don'treally getat, do u?u? ,hat was notththe conclusiveve argument. ththat looks like an aererthght.

>>he has spoken outor thehe principlesesff freedom dd lilimid government. i've been vyy s spoporte of he i hope she'llstein the national stage. i pe t thass why sesigned asovoverr ofalaska, s so she could work more around the cotry. she standsds ptttt tall when itt comes t t speaking o out for f enenteririse >> you're e ining ry h hest ouout at unlike a l lot of washington f fkk nitpicking her to death almost a bad as thohose small tnened peopleinin alaska. don't know if your bookgoes inreregious orpiritual elememtsts, pe benedicict ii ce out witithnencyclicicaltoday, what does thehe pope and adam smh h ha incommon?n? i belilievthth believe inethics and pipilism. ththeopope sd thecocomy needs ethics to funcncti rrectly, ethics whichss pplpl centered.. if ii thinkthat sounds familiar a few centuries ago, yo hero and mmin am smith ihis eat bobook "t"they of mal sentiment"t" sdd a eeee market econonomrequires etc and m mal at the center. we have had lot o of crooks inn fifinae, a lotf crooks in ininduryry, you go back the lal teyearsrs bebern madoff is the las

dd carrying onn l li okay,anandi quit, but itters really suck, bubu i'm goingoo quit anyway.dy wawa j ju like wht?t? anfofor nths, for mthths andnd months, wewe've had, youknow, rtrtf brewing ruruors. and as every statedoes. and now those rumors starteded congng u tthesusuace. opopleaying could ite this or this or this? because we couldn't t makeenen of what t shwawas ying. enen she s sid i gave m myeaeas or ionon have to mamak people wewereaking up theheirwnwn reasons. and not just peoplee o o re criticics. people who were susuororte. and the fofoll-upto iis, wawae e baett put this ststy y about -- it wasas looselyly dedescbed asoous gate or suesting some relationship betwtwnn the construructn n ofe house e d d thsslappts complelex,hahat s in "vilgege icice"ast fall. if you goog thihis llll you'll t thousands ofof hit andthousands rere tn you would have gotten, say, l las thursday orasas sasatuay when she cided to mama such a big deaeal a abo hi. isis the not anotherer fdamentl flawaw in isisquation here? does theovoverr and her representation not appreciatate that the moror

and sheila jackson dd not promise this wouldass the house.f the house. it puts decrats in a little bit of a bi maybe beuse of some more questble aspects about michael ckson's life, but it puts republicans in a little bit of a bind, too, given their low sanding with afcan-americans, with youn people in this countr i'm t sure there's a big winner here for a fight ov this resolution. >> it' coletely up to nancy pelosi wheth this thing mes to the floor of the house or not. is this something she wants bring up on the eve of sonya sotomayor's confirmation hring nextweek. is thisthe kinof side sho anyone, other th sheila jacksolee, is going to wanto have? >> i justalk to an aide a ttle while ago that thedon't think this is coming to the oor next week. they're not sure they have the poet voets tpass it so they're not sure they'll bng it to the floor all. so s may not ge this thing debated on the floor of the house after all, at least according to a sour i talked to a little while ago. >> we'll be backit susan page and eamon javs right after this. you

it wasas hastily planned dd the family's obviously had lott to dede with. beside michaelel jkskson death alone they'r'reeaeang with stody, et cetera. but thiss memororll svice which will be enormous, moror than 17,000 pplpl nothose peopop w who were chosen randomly byomomter won'tet the notification untnttomorrow. it was susuososed to be tayay now ththeyoon' havehhat much memeo plan.. more thahann 1.6 million people apapplonline to g those tickets.s. that doesn't giveehhem veryuch time. we're a aumumin most of temem a coming from this area but who owows, withth a star lee michae jajackn, they couould have been planning to o meme here from vaouous rts of the world. we d don ow eactly who wl be performiningor what the sset ofof thiss s serce will e. we also donon know aboutiichl jason's privatate morial, or funeral, and his burial. that has beenept prate. ananotr r estion is who wl pay for of thehe popoicice. about 1,4400of them will have to in attendance f fcrowd control. thcicity says thatat so of tha budgeteted of c couse but rtrtn city officicial wantedto

ddddddddddddd >>> former d.c. meredith h viei onbarrrrs s in trouble w with e law again. official say he wasas arrrrteted charged for stalkining woman. police say the form mmoror, flou a current d.c.. council mber, was chargrgeditith misdemeanor r alalki and rerease. in 191990 he wass senenncncedo monthshs in prison f possessing crack cocaine. we arereeaearng more this rnrng about how theitity of lolos geles is preparing for michael jakson's m mororial service e on uesday. huhunddsds o thousands of jckson fansns are expected toshshow upd some 1,00 lapd officers have been assignenedtoto crowd contrl in the downtownn ar anene policece a a askg people whoo d not have ticketss t to e memoril toto pas stay o oof the wntown rerea. joining me liv here in ssdio, andrew o'connell, f foer secre serve e ent. i knonow have you a new gig. >> i . guidideostinvestigations. >> we'll get thatatpdated, and. officialss a ccerned thatt as m man as 700,000 peoplee -- ev morere---- culd descend onon downtown l l a anges. that's a a pro

it ain't the dd of thehe world, fos,s, there's anonoerer little do dollop o ohohopehere. tail sales, ty c ce out for june. a t of f chnn storesales,s,own from many b big nas. wal-mamartidid not report atall. itit decided i it would stop do that. thatathihis single bigigge retata factor,, in termsf sale and hope,e, a few cinin managed toururpre wall street in some ways.. you have jc nnnn, aeropoststal tjx, r ros stores with nice growth at t time when the economomhahas en in somepain. it's not allll om and gloonon a all. gloom atall. let't'geget rrspective with our squad. wewe hee julie,e,urur dococtic rategist,anancy s skierer with usus again,n, a syndicacate rad host and libereral if yoyou g gn to t. benferguson, also aadio guy, on the rightht side of things,, meaninintoto t right. and j jkk berkman, a republili straragigistnd bomb ththwer. ththan for being with us, jk. let arce start with you. it smsms frr and economic malaise is the ee area president obama f falally has b bipart sinship sswing. >> buffff,, he ouou stick what hehe kws. i shououn'n't lk about s stoss and

>>hahat dd?? >> may 22. >>>> wtt sign is ttt? >> pardodon me? >> t tha urus? it's - -- >> cancer? n n no. >> n notememin-- >> geminin >> twins. >>>>es, the sign of the ttwi. >> i jususneneed to know.w. ju n neeto -- nono i can think about whwhenouou'r talking about things, you u kn,, how that t -- how your sign isis iluencing soso of your actctio. . >> and it doesesi i kn. there's no q queioio i'm a clclasc c geni but i dndn'temember what it was. >>hahat' arait common to genis, rgrgfulness. >>hahat ppened since you rolled this plan ouou >>>> is been quiteprocess. >> it's been,yoyou know, 12 months tomorrow, s so alally- and todadawawas on t the 7th ofl lastst yr r at dinnererwiwith m guys, i id, fellows, we have a winning hand. we havave b bn given deck o o cacardwiwi 53 cardsn n it and we have reremodd thewinning hand and pititch cards ckckn the table. theyey sd,d, wt are youalalki ouou i ssaiwe have removed the trump cardrd. we onlnl h hav one resosour tha will reduce forereigoioi only one.. natural gas. ani ssd,d, we've taken n th out of the deck and now ev

they got ouside in the barkness and he got mccnama by e collar and thee lt buckle dd ied to throw h him there weren't any words tween them. exexpt mcnamara said, oh,h,y y god, no. it seemmed to me, rrache that wa the vietnamwar. that 45 seconds of struggle ght there at theraililin >> couou he hve k kill hi >>>> absolutely because it's a a seven-mile passasagennark waters. hehe wld have beenucked under the boat orr ee fall from t t ferry. it's a pretty big boat. the waves would he taken him under. there's ways been forksll of his brilance and maste miminding, there was always a naive quality of mnamara, which i couldld sa i almosos liliede. so when n th artiststaiai to hi please follow meme. the atist later said , i'm an tist, i work in immediate context. even as i was wouking over i did not knowhat i was going ay toto the guy. what caame out o of his uth was mrmcmcnamara,ouou have aphone cacallplease follow mm i s spe a a gd deal of time tryingtoto fd him and iueuess i was w woing in my own mediate ntntex he flew up tomartha's vineyard and i foununhis stio and ocockeon his door anan t t

dd ihink onon panetta he himselelf pretty well by releasing this and tting this out.t.so we do need to know who o di what and when n an i i tnkhehe questionon i was it t theiia fault? or was it the people in the e white house who dederethe cia not to release the information? a a right. shshelalaims that thehe media's bugging g he a all the time a nt fair to her, but this picture on the front cover of time magazize looks pretty irir. she'scacaed the renegade,, iis sarah palin. she was so bothered by the media, she hadadtiti to pose fo ththatover story. john harwowoodi i dot know whatt you think, i nt to know whwh you thihink,, but it seems to m she's vivi this attentioion right now. and itt certainly i istt hurtin the republicanan >> she's absbsolelel loving it and going toove it to t the bank. if y youeearah palin,n, it is ain she cares a lot less about what she was hirededby the votes to do in alaskaka than she i is ababou taking her mily off the spotlight, and i i tnk it's fairly safe asumption thaha shshe'gogog to enjoyaking a lot more money in the pivivat sector tha

oil priceces are dodo,, though,r the fifthth raight dd.. keep in minind a a we lkk at t e weaknessss heein oilanand h htig oioil,lso. holding upretty well but dedema will be the key hehe.. 'l'l get a better gauge cinin fr t thenergy departrtntnt, from th energrgy information administration around d noontim toy. ththr r sht-term energy outlook. they r rsesed a little last momont the first timee they'd doso sie e seember. after what we've snn for the july 4th hidid, interestining see what thehe outlook going forward. keep in mind we're lookingng a me firms like bank of america raing price targets forr 2009 for bret andwti pririce and ththe e ar also somome like goldman sachs, liket. boone pickens s anththe ududissaying 'r'rgoing to have $75 oil by the e en othe yeye.. but ririgh now around $67 a barrel. ririck sasaelellito you in chicago. thank you very much,sharon. look at intetestst ratestoday, they're normalizing, atleleas thth rpect to yesterday's settlement.. about a basis pntnt h hhehern e e nger maturities, but rtually eady.. you u alh

dd it b bee race,hahait been solely on n race, i would notote won n beususe are in the miminoty.oooki for me hope d they are looking for some lelegimamacy the blaa,,he white, t the american indian, whoever else is out therere, they are lking for legigititeteeople and, sadly t say, and i'm a pastor alals you knowow thepastor, politicians rereal don'n't veve aooood reputationn backing upp what they arere tin totodo. >> no. >> too much polititalal exfeed yhyhen. this is dylan. aa cuure ofpolitical exexpeency have cost a all ofss ouou pococtbtboo whveveyou maybe, we all find ourselves supportiti a a nknkg stem that in my opinion neveve should have been allllow t tbe crted, an automotive manufacturing s sysemem that n should havave enenllowed to be crted. we've beenen td d 's o oayay bye illion dollars taken f fmm us, our parents s anououchildren and t t fothe conversation we'rere having with ioiot itzer and ototrs earlierer, a areot eiei our politicians a act i a way to crereat education and resoururce >> that's trtru >> that also touches on aother issusuanand at issue is withh every

therershshou be cordiality dd good dlomatic relatitions between thee h ho father and th prpresidttf the united statates d d itsntntely apppproiaiate that somomamameran catholics wewereupset that ee woldld's leading cathololic u uversity w nonong a p prededent who is arabab a pro-choice/pro-abortrtion president againsnst e e ve mandates in aocument written by the united ststat bihops. i i dot think those protests we inappropriate at all. >> nnow you know, i i havee kept using the phrarase conserervave catholics hehere bauau one of ththe iningshat botrsrse is somebody bornrn into a can l lo schi a a livesinin the c catlic commununy y thr whole lilife th rd caolol gets thrhrownnround to incnclu a anydy btized in the e roma c cholic church. there are dical catholics andnd conservative catholics and thhey have different opinionons. let's take a lo,,et's coconser current polling, f for examame,e, ang c catlics in the ited states on president obamam right now obama iss polling amog ththols at 5 the%, 54%4% i'm soy,y,hese are e exitt p pl from t t election. obama, 54ccain, 4 what tat ans is as

dd we had some incredibible tims togegeth.. then jajaieie invnvit me to go tour. withth t brothers. and then i goto s s the geusus of michael j jaconon. heheasas s iincdible, he alwaya hadd commanand n n onlyy the nd, hisbrothers,utut also the audience. i truly believe t tha michael made me a btttter point guard ad basketball p pyeyerasas i watch hibe so b bveve and the greatest eteteainer ever. from there, michael callededme onday and said, i i wt t t t ta to y y a abo being in a video. "r"rembebethe time." but i had to double-check witht jajack t tmake sure it was ally michael. because i was ared to atath to go over to s house, beuse ththisas myidol. was everything tome. so i went er to h his house t have dinner. the chef came ouou and sa,, what would you like?? sosome grilled chchicn. so a as we begin talk a abo te video and wtt he wantedee t , the chef brought me out t ilild chicken, b but he brougug michchaell out a bucket of kentk fried chicken.n. and i went cry.y. likekemichael, yo eat kentucky fried d chickcken that made my da. thth w washe greatest moment of my life. wewe h

. >>> it'sbeen a busy dd important weekek. to sales were ouou the markets entered a new quarter. thth jobs repepor came outnn thursday. here to help us u uererstd it,t david wters is the ceoeo wintergreen advisors. david, thanks f for joining .. g gre to be rere >> 9.9. e unemployment ra.. how w chch higher do uu tnknk i goes and h h the market already anticipated that? >> i think uortunately it continues s torereepporor a while befeforthth economy cacahs its wiwind andnd u know, iss ununrtrtune for so manypeople. >> do youhihinkhat interest rates will have to g highehe from rere what wilil t fefed' response be to all ofthis, do you t tnk? i i think rates probablyy stay w for quiteomometime, bibi. en with our borrowining cocontuiuing the treasusu will have to borrow and boboowow and borrow. >>>> ultimatelel rates have to . but in t t sht run, i i think tetes ay lower and thehe fedndnd the whwhol feral governmeme m my have t to do anothther stimulus ckage. >> c cisisti romeraiai on cncnb on thursrsdathth is stillll the tatabl a second p pacgege h not b bnn ruled d ou >> the prered

dd drive one. port"'s big question internet, america fallingbehind. biggest american's financial companieses hee falle to the lowest ever and a amecac rmrms down, china firms up, it can't b b good. clifton, d dirtotor of strategi rearar partns and cnbc contributoto jjim,momone and politics columnist fofo reuters. all righgh gentlememen the e ar a l of things i don't like, rtune 500 global, china is up a and u.s. companie are do.. e e send one,ollowing on conversation witith ilil lebu, chcha a is not playiying withhi global warmingg hysteria, theh' nott pting lilimi on and w wil nott attack t the ownwn automobe and industrial seor. atat d you make o it? i i do a alaisist or am i worrieied? america is l ling the race for cacatal and rosperity. >>>> i' not soworried about t t fortune. itit states still h has as many compmpans s that lt as europeananndnd cna combined. t the tmlmlin-- >> i ow the trimimnene. but china d dsn't haveve global brand.d. ththeiggest advantagagechcha ha isn't all thehe engines itit's oducing and lowower corporate taxing the b big

congress and thehe nationanal seriritycouncil fullll informrmd the agency dedeeded congress th nfnfc dd t department o o juststicacacss to the fichbdings."." or w wheer it's as m mr.hohokst, and d yo quoted m earlier. s saiyou know, not sosoonong ago that we cannot hahave a community that traras s ouide the law. cocorered what itdodo and li to congress. there are plenty of examplplesf this. this letter atatou're referring toto tt t s released yeyestdada refers t to only ne, butan egregegio e exple. a seriris s maer that went unamamin by congress, because e it was f f manyyears. >> and to that point,t,e're as second darely inin terms ofhehe importance, theheoverall struruurof the relationsnshi between theecia and thee count, ver mine justthe congress, cond declasecondarily, a s suri there is refefrered weekly here, , corereman herb schoo ported that mr. pennetta stopped one e ogograthe day after he learnededababou itit o junene33that your wlele cocoititte-- stunned learn whatat w k kt secret. obobvisly it's a ecect. wawas t thi something did not kn a abo eevisly? is t the a athing around

,178 dd americans. in 2004 mcnamara came "hardball" and chrissked him to compare vietn to thwar in iraq. >> what a the parallelso vietnam? >> well, first points there's certain problems that can't be dealt with by militaryction. efore, today i believe tha we must recognizthe desire of the iraqi people tsupport nationalis and we must help them do so, which means we mus turnr the government to them as fast as we can. i think that's the u.s. licy toy. i hope it is. >> mcnamara folled his tenure in the defense depent with 12 years as president of t world bank where he dedicad himself increasing aid to poorer natio. heontinued working on issues of global developmt d nuclear disaament through his retirement. robert mcnamara s 93 years old. (aououer) itit'spppplee's two fofotwtwen menu. and two entrees for just $20. or, have a night in with abes carside e o. the two o for twen menu, onlyt applebee's. you have questions.. who cagive you the financial adce you need? wherwiwillou find the stabily y and sources k

but rahah emanuel an i was taing withohohn sullivann dd i wa saying, w wtt about this talk about the stimulus? is that potentially positive?? in s see ways it is becacausifi eyey ph for stimumulu th puts real rrorm, perhaps, clerer to the back burner. so apart f froeople looking forea safe haven,ththe's positive talk coming t.t. >> also,,ee should pot out th commodities for the trd straigightayay of tding not doing very we.. commodity stocks getting h hur oil is down a 1... bertrt,, thank you s so mumuch appreciate i it. we'll heheadacack over toto lar. lalarr you're looking tan. did you go away for t the hh? i i w playing a lot of ftftanded tennisis. my right tenenn n isusted, trtris thanks for skskin lelet return t to our cocontt.. presididen obama sitting dodown withth n c chu todd earlier this morning toalalk about the economy,y,specifically, vice prpresent biden's rarar that ththe a admistration sread how bad t the economy i hnhns allvever this story. out the prprididens thoughts s on the economy. good morning, jn. >> ododmorning. before i getet to that,, got t say i'm impressed

think it's s poignant that she diddpepeak and n not just becacausitit a little girl who lost h d dd.equintessential momet that you realizeze tat the jackson familyly w allowiwinguss into theirir life.e. it wasas s deepeplyerersolndnd the e lilieseoulululies were so personalal they're all so real. it was such a al moment t tha was humannd some vevel magical nonow cacauswe're talking about in the c conxtxtficicha jackson,n,utut at the end of th y that faami allowed a stadiuiu full strangers into their lifefor 9 9minutes, and wewe'vbeen speaking about alal the things t tat michael l ckck has s do first. d this to thelist. we truly were a part of that family for a peodod otime today. >> a andhehe are questions that have been raised by the f falyly as well l eryone else autut who werere the opop around d michael jackson at t t t tim of hideath. whwh causesedis deh. ththe i invtitition will contin, and iththk prty incentively as we know. i it' hard to bieve it's been nrlrly two weeks,s, 12 day sisincmichael jackson died.. wetill don't have that official cause of deatath t.t. a lott o talk

milliporeess a biotech l lee science playay, dd it's othe move. maria,a, bkk tyoyou. >> thanks s ryry mh. amimileone for u u.s educucat de vi. the e coanany ringinin the closing bell a aost aonth ter it rlaced general motors. shareses hee gained over 1%. nce its ipo in '91,1,ththe stoc is up 3,900%. how abouout a 0000 rretn.n. joinin meowow withnother ccc exclusive, good have you on e program. congratutulaonons. this really y a a m miltoto. i wawas reading the n neses ear. you grew up in a detroit burb. your first collelege job w an ternship. a at neral motors. >> now the companany replaces gm in the s&p&p 5.. hodoes that make youou fl?l? >> bittersweweet growing up in detroit, i never in my wildest dreams would have thought thiss could happen. >>>> dyoyou see aig change in termss o ownenersp,p, instititutnana individual nership, any change in terer of cocorpatate landscape now th yorere ithe s&p500? >> i t thi it gives more visibility, more poposu, and that's a good thing. this is a greatmilestone. always nice to be recognizededor what you do. bu

dd they secure systems.s. that's what we want toto binin >> alex, thank youou f y yr time. >> call it t the haover effect.. peperhs itit no coincidencece tt gambling revevens s ha made a comeback i in nnitity,ust as this bad boy comedy ens $200 million atat e box office and ththstocks are moving, too.. we'll go trading aftft dark for your vegas bets s ne.. >>> welcome acack. we are live atat w w rk city times square.. ti n n to ananerer some of your fa messages. guy, you're spot on abouout the selloff and i i thghght u were totonenegave. blblactoto fell belowwitits 20200-yy moving average. was that theheototto >> hello, harrrry. i was surprised. blblkstone has come f.f. ii didn't think you wououldeeee mo of that gnitude. 's become a trading g veclcl like everyrythg g else. if the s&p&p fl l below 870, yo could probably g get l lotf things.. 870s&s&is your bogey. >>hahankfor riding harry in longwood. alalso fast message from e ed in danvnvil, , california.. what should do witith citigroup ststoc bull, hold or b

wasn't a a huge a airf ceceleatatn,pepeop weren't leing the arenandnd cheering, they were subdued d dd touched. >> even in twomenen estroom, it's total silence and everyrybo is -- they'r're shock. >>>>vanessa, yououaid there w ws kind of aonnectionmomong everybody w who showed up at th thing. only onene io o aring a t-shir. evevybody seemed to recogngniz this was a sosomr, importanant occasion, and d eyey ce ready fofothat kind of occasion. >>>>eople were reallll dresseded like nice. there w was n no ddisspect at a fo the faily. reallytouching. >> something y yollll remember l your life one sumes? definitity.y. >> repororte w wrehearing that from everybody. hoabout you? you'll neverer forget thiis. >> oh, no, i i waiaid with him lilikeveveone my gege. anan my daughterer sa i dodot think i'll cry,y,but s se e wa crcrng right along withh me. >>>>eporter: do you sharee y yo appreciationon omimiael jackson erer t years or was isis something rececent >>ee like lo and lots of sic. >> alwayays dancing. tt cryingg or every littlee thg,g, b thihiwawa very mu a tear jerker. >> reporter: a andheh

do youou know anybody --hat do yoyouhihink made him so effect inapapring peoples'' emotion dd atatntntio >> the music andhe timeses. he wasnot the first toto rea out, but hee w received well. ananthe cistmas song byy nat cole. aching out. and that the tiss that m micel was comingalong, walls are cocomi down. i rembmb being in ruia about 2525 years ago, a and they weree playing mototown it was michaelel and the jackso5 an d dia ross. anan so michael annd thtimes, and he e ss a transfoformveve cultural role figure. >> if you w we to look to tatak omom h passinin the st werful m mesgegehat you cld takeroro his life a and passing and apppp it to america tod and to the w wrlrld tododay, whd you think his passing and his work mostepresents going forward? whwhatan we takeroro what did, from whate hhied, and s death, a put i it to some forwarard vavalu eieierer molll spiriritlllly? >> out of f e h houseldld comes family off values, a awowork ethihic,ndnd ung your talent against theddds andmaking drms. all of u us have ththat cllkrng ususe at we hvevend not cry ababouwhat we don't't hhav we could

i tried to explain, mika is actually from manhattan dd d.c. soso if she werere saying we hao okok athe rest ofof ameeri,, th w wast her bng a snob. thatat w n ntheast a bebera elitist attetemptoto be openen minded. >> thanks. >> n n hereisisika talking ououwhat they are talking about in northeast harbor maine with the news. >>t's so, ,, so difficultt whwhen you speak for me. 's time now for a look at today's top stories. whdodot you eat t tha fatteninig dish. that will help you out. >>> > th m morng president obama continues a fullfofoe e efftt to reshape reetition with ruruia. comes in a a privateeeetg with prime minister vladimir putin and a speech aimemed at th entire nation. nbccnews white hohous correspondent savannah guthrie live in moscow. sasavaah, give us the very lalastst. >> reporter: wewel thehe president's s mo i iororta etetg today was ctainly withth prime minister putut.. wewe'r alaladadyhearing somemet abouout t word disagreement. they say t ts s was a valuable meetinin t thathe president did get something o of it.. obviously t

"glenn martin dds," coming up -- hold it, save it. night, august 17th. it's a stop-motion thing. me and catherine o'hara do the voice-over stuff. >> jimmy: no way. loved her in second city. >> yeah, yeah. >> jimmy: clearly a dentist in that? >> yeah, i'm a dentist. but i am so busy. i don't even know what today is. as far as my -- according to my pill box, today is t-h. that's all i know. [ laughter ] >> jimmy: t-h. today is t-h. you're right. that is true. >> jimmy, what i'm going to so is i'm going to open up the second -- >> jimmy: no, no, no, no, no, no. [ laughter ] just start slow. you don't want to -- button it back up. yeah, yeah. "aliens in the attic." so, let me just guess what the movie is about. >> okay. >> jimmy: you go in this house and -- >> we get in. we get out. nobody gets hurt. >> jimmy: nobody gets hurt. [ laughter ] so, you go in and then nobody gets hurt. >> yeah. >> jimmy: you go up to the attic. there's aliens -- >> i don't go up there. here's the thing about this movie. [ laughter ] first of all, it's probably

red nine u.s.attorneys, and i s sidid dds, and i w was wrgg earlierer. dd n white h hse rrrresndent, savnanauthrie has b bee follllowgg this in r. i was nosureif i was going to have yoyou. nice to see you, vannah. atats going oniith mr. ovove? >>>>epeporr: he finayy stified before thee house juciary committee. and e evyy since t the nine u.s attotorns s we fifid,d, let's fe itit, democrats on the hilll ha their r eyesnn karl rove. theylwlwsuspected that thee fireings were politically titivad. u.s. attttneneyso serve at the eaeasu of the president. e alalletitionll along w w th these partitilalar u.s. attorneys wereirired because they were not prececutg the nds of ses that republican politiciananhat those in the whwhe e hoe like karl rove wanted them to prosecute. th is something kll rove always denieied. it wass hard forheheouse committee t to get rove. and rove's's lyeyer struck a de with the house judiciarary committee e h hav rove come a testify. itas not dede oaoa.. but it ds s t matter tt much because he c cod be p psesecud for fafals sttetemes. he

last nigig you heardavav snow,, dd uu know whyt should be boht. the e mpmpan which saves cocompieie fortens and individuals asorortus by sellllg g drness bulk. has the mt c csistent eararni stream of any y bunene i follow. u u wi never fi a company with more visibibily,y,eaning management's ability t tsesee d accurately predictct earnings tn medco. i i ininkhis stock is headedo 60. especiallylyinincet's a frfrie ofof hltlth care reform, n an enemy.y. how about diagagnoicics? the presidenens s farite theme. thther we picked egx. at's the plalay. iththin theumbers forthis one are tooo low, especially given theeovovnment wants save money by p pveventg diseaease that's's the job of dgx. for thatwewe'vbeen tellingyoyou mdrx. which has only s scrchch the suacacff brbrgsgs prescription writing andd recordkekeepg g in the 21 century. i consider themo o t the microsofofofof dices. stj on the high end andnd btoto scientific o othe low end. two cardiovascular plays, onen knor its consisteteyy and o o i've liked for thehe tn n ound potetentl.l. also, , t thea

dd sweating like i mn, i wowoulbebe 100pounds..ch beusus there's s so much on youou it's amazing. we go into it all. they're if t tububle from theca manufacturing tatandint. they don't't kw,w, gm andd chrysler, they n'n'know what the governmnmttr anyonee who's an outsidearticipant and everythingng tt't's ing on, whaa ththeye e ing to fd out about nascar.. >> having theororrate logo on f the -- >> andthth corporate logo -- they're actctuayy faring pretty wellll. the onlyththin that's reallyy happened is, y used t to havee one company pa $25 miioioto bebe oththehood for t the entir arar. now what yououavave alot of splits.. so tony stewart's car, we profilile nyny stewart, he has office depot andldld spicice. soso h split atat one dodoes60%f f th schedule, onone es 40% of the hedule. sosomeonon't c car they say, , s sti equals $$20 mimilln soy don't care asmuch. >>>> y said you've beenen f fan for a long ti.. whwho'your favorite driver?? >> i really don't t ha a a favorite dririr.r. i just --ike the sport.t. ththe's not auyuy who i y

the director, no action on ththe ttte whwh we wereayayin his ststement in may, knowing what he knows dd we knownow, clearlrlwawas false. no we arere n not just trying t cacatchihim in a falsehood orsk fo an a apogy or tryryoo be led in onn a a secret erer the e pott we are ting to mamak is there is a t a earn off deni a a depepti, aatatte th ultimately affects thehe secucutyty o americans. unexamined havior, which iss this ptern over,, not just the momont b buthe yeararnd the decades, the unexamined havior caca lead too dangngouous-- >>>> cconessman, we had a glit. the picture and soundd suddenly wewe dead which is an ironon of itself. >>>>good to be b bacwith you. mmnot sure wherere were when you lost me. at we were ying in the letter was thetatatent of mayay 4th was inaccurate.e. he knows it now, wewenn it now.. we are not trying toto catchhim in atatnd ask for an apology or tobe l in on thaha secret. we are trying toto esblish tha there is a pattern off ninialnd dedeceptn.n. ulultitely that p patteurts thth national security,ththe safetyty omericans because t pot herere this powerfrf

i lost 100 lbsbs. dd lowe. nutrisystem ddchged my. mike is one e ofanany o have lost weigig a and controlled their d dbebeteed my. with new nutrisystem d d. baback b by years of researar a andow glycemic dex science nutrtristetem works. satisfaction guaranteed ororour money back! loloseeight. live betette llll oclick today. >> skechers, thth natition largest retailer ofstreet footwear was amomong the mostt acacti on the nyse today. >> welcome baba to " "st money.y." we've got a big g cocondalf. dodot-mmdidive but d dyoyoubuy hehere we'l'lanansw that question andn put thehe k kid to sleep, we a saving the plays forraradi afaftedark. time fortrtradg the globe. dadavi reedle, who o inins fro sasan ancisco, avid, a pleasure tooin you. what are you buys? >> india and brazazil but look t th, , moody'y' lking to upada upgrade, aery blilish bbget, d i thk it's great buy it is opportunity for thehe banks a tetecom. >> h hey david, ts s imim. knknow you're the tad anan we'r'r seeing comommotities getg pped out. tell me whyhy thiss economy isi o

all because of the cold froo thp lindttle rain falle a ttle rain fall aa dd mylarand. maryland.d ar n yl off with those showers. will we stay sunny. plus the forecast just a few minutes away. >> our lasting coverage continue tonight. this was a harsh storm tonight. as you can see behind us, a lot of power outages. montgomery count in the dark tonight. some weren't ready. the storm was quick and powerful. at times, heavy down fall relentless. dangerous standing water on 270. two vehicles spun out of control. some of the traffic and my lights and electricity went off because of the carpet. in gaithersburg it didn't take long for thousands to loose power. >> it's very, very dark. visibility is horrible. the abrupt bad weather surprised this family who were planning to watch a dvd tonight. they resorted to reading on the porch. this tree came down on the side walk near their home. the entire neighborhood is in the dark tonight. we are here. now we are out here reading. it was coming down in sheets and with thunder. 5500 homes in montgomery county still without power. 1100.

ee energy index slippinggelow dd a late riril level down basicalllly unchanged duriring ririodf time.. bubut e high water mark coming in since june. we areown 15% sinince june 11th for the energy patch. that's almost triplele t giveback w we' seenn in the s s 500 from the se period off titi. so wre a t plus mth low for energy s scks, and that's whwhen ieeee tse four o othe oor buys coming out here todaday this mornrng,g, i s sta to scrah my headndnd think all right, there's some bulls outthere, including g ee bulls a the newly named ba rrill. ee price t tgeget is 57. alalsouy onmaman enerergy hess rsesed overweight at rkleyss giving back 30% a andcee coput on the shtt tm buylist at deutsche banc.c. backcko o yo >> really stickinging tirir neness t t tha asilil trades do. wiwilh ross issbelieved too be participant in the gornment's buy y ba program. fi out if he inks b ban will bebe reluctant toto sell ththe assesets why are e th so a attctive to wilblburosos today there's a wayy to, with annnnuieses fm fidelity. turn your savings in income -- guaranteed,d, d d t a retirement "paychehe

i dd not know why did not wte that. -- i did not writthat. d ne-yo. i taught michael jackson how to dance. heas sayg, -- it w a great educati. the questionor meas how a deal last for 30 years. the question i wanted to ask them s what does it hit like -- a hit sound like in 20? >tavis: what do you sound like in 200 >>hey are dcovering melody. that is important. we d 15 years of taking melody of. we had beat and spoken wd. lionel richie in 2009 is melody 2009beat -- melody wi beat. we are going to bring it back i i was talking to chris brown and he said i am bringing bck melody. i said i am waiting you. tavis: is the 50th anniversaryf motown which became when it became in large measure to allow pple like diane aand the supremesnd smokey robins and stevie wonder and thisuy herewho had some hi with the commodores d so manysoviets on hiswn. there is a new record out call "justdeorder it now. a bunch of othe on t project >> thiss the fastest halfhour on earth. everyte i get to you, we cover much i feel like should do a twhour special. we could entire -- cov

it's when you hahavehihinan the omom and indndia ithe room dd brazil ithth rorom.m. countries t tatat putttting hold right now on anytythingajaj having a b bgger dealal gngn here. >> i've been spendining time w ririchd d olffe, myguest co-hot today. wewe'vbeen t talngng a little about the sarah palin stor ththatnyny of thahacrcrossed th warrnd ededed up in the conversations you'u'reavavin on e plane or in hotels ththere? >> only i threwew it at the president t hielelf when i inrvrvwed him on tuesdsday and asd him, you know,, as a a popolicacal nky l li the rest of us whathe thought abouttit. he seemed bemused b by it. but smpmp w very careful tohing it,saying, looksks she's got a big follolowingmomo consnsertitiveand he takekess h her word. i can tell you, tre's a lot of white house aiaides walking arod shakakg g thr hes.s. ththeyonon'tuiteet iit. they a know she sitsutut the e a potential force of soso sort. think they think she'ss an popone they can deal wit if shshe er shoes up. bemusement is the way wato deribe itit >> thhey know best p politss ca change quickly

it has been a brutal fight, leaving hundreds dd. owever, a jury apostle armed forces say they haveestroyed the headquarts of eght radical lamist ct and captured a killed its lear. news came shortly after the police sd theyound him hing in the home of relativ in the northn city, where militants have eir base. caroline is in the ngerian city of lagos withhis update for us. >> we understand that the police have told local jourlists that a federal crk has been killed and brought in topolice custody. localournalists were called. heascaptured late this afternoon and taken to lal headquarrs, to be paraded before stateofficials and journalists expectg to meet him. journalists told us that ddenly the atmosphere changed, and e bbc repord a messa from a t news crew sing at they had bee calleino film mething. shortly aer that, bbc learned that he wa dead, killed in policeustody, shot dead. they expect to se it on nigerian tv qte shortly. what we do know is that this raid happened very fast, late i the afternoon, and at this shooting too place v

one has dd. >> hafire invesgators insideyingo make assements to rme what might ve edthis. >> reere fighter on e e d suer minor burns ilfighng thisfire. t fire officials y at heexpeed to be . live in soutt baltime, tney rdon, abc2news. >>>a rioucrin aarundel untynds 10eople to e hospalncludi veral chen isappeshortly fore 8:00 ithappened athe teection of jacoroad d ill meows drive, not fafrom fo mead t now no word on wt used thcrh. e anne arundel county re dert irepoing that the children's injuriesare not li threeng. however,a 22-year-d mas involved in the scent, taken to k traumaith what are deribed lifeeatening juries.>>> e lateon a carbo monoxideleakthat madee peoplesick in an apartnt complex in west baltimor en mclean boulevard, t intersectionof northern and perring rkwa. fi ficialtwadul d n chdrengot sick includg 18-mon-old baby. re s acedthe leak a broken war heater. th vicmsare w beg tread at univsity hoital their nas haven't be released >>> baltimor's t prosecut is calling for chge ine way e ci als with juniles acd of olent cres. ate torn tricia jessoms en. reports y at mont davis ha

he took hisiswwee old time dd finished thehe j i in out 20 mimitetes. whoo! the clocck t ticng. tt 72 hour sale is on.. wh zero percent apr ff 7 72 mththsn select 9 9 chy models. incluludi sierado xfe. with an epa esesmamate 21 mpg highghwa. . that's's tttter than toyoya a tudra. nd now get zero percecentprpr for 72 monns s onny '09 sverado half-ton with h a arage finance sasavis of over $7,800. utut, rry, time is runniningouou he 72 hour sale ends s moayay. s your local chevy dealerer. >>> nowto the reopening ofhe statue of liberty's crown. the crn opened today fo the fit tin almost eight yes. joing me now on the phone secretary ken l czar, secretary of the interio and a very good morning you, m secretary. happy fourth of july >> happy fourth of july to you. happy birthdayamerica. >> all right. i derstand that you wer very instntal in gettinghe crown reopened. how significant is e reopening of the crown today? >> we opened the cn after we made the crown more secure to enhance thpublic safe. we think we have a good balance herebut more importantly, it's about a new beginning und

that c can tak eeejects a make t the feel emempored and that is what i i love about rock 'n' roll l dd p mumuc, it's an alternative waya of identifyiyingyoyorself and i veve t teenagers now. when they talk too frfridsds, i always what musico you like and what m micic isis onyour fafabobookage and so oo ththat how they nnect. thth shared lalanggege that uniquely music caniive pepeop. >> it's interestingng, dadan, h you talk aboutut michael ackson and hehe wl l ns beatleles and talking about people who made eieir ccess in theaa a and sisicis in the world t tay arere doing it in a vevey, very didiffenent dustry. w w arthey going to reach that same l lev o of success? well, it's very diffffert,t, that's foror se.e. e main chararactisisc of the media,a,ofof crse, has been decentralizezed. when elvis came alalon y youo on "the ed sulliliva show" and, boom. how mamanyozozs of cable ananne are you competing wth and the i intnenet and cell phos and it's the meme with r rad stioionsand,d, of course, recor companies have beeeen tririy damaged. mythology w whenn ias growing u get record deeal a th

buteoeoe give el nino a dd p. but el nino has go a a b bad thingsgsoioing for i onon t good sidd we have leses hurricanes during el nino eveven. you mentntnened ree years ag 2006 was a a pretty quiet yr huhurrananewe. weigight have a quieter atlantic hurricane season.. but it ao may b bng some beneficial rainin t southern cacalirnrniatexas, florida, th ututrn tier of ththe.s. could be wetter ththisomomg fall and ntnter but drier r inheheorthern tier ofof t u.s. >> you talk about w w said weather, warmer, d des this hv any effefect in global w warngn warming? dodoestt play into thahat a at ? >> i hvevet seen alolot ofththa t.t. elel no c cycsslike you m menonn reree,ometimes as longng a a seseveyears. we haven't had a a strongl nino since '97-98. kind of going i in a litittlbib oscillatioioririghnow. >> those people thh a looking to an e expnanati for what happened in new yoyorknn the month of june e whe e itained virtually every day. is that el nino att work? >>no, y you c can blame el nino r that. i i thk it's go

chuck dd live from the white house. and in just a few minutes, "the capehart.post's" jonathan us a look at the sties politico is woing on this morning. undefeateofessional boxer flo " "moy" mayweather has the fastest hands xing has ever seen. so i'veve come tohis ring to see who's faer... i'll be using g the 3g at&t laptopconnect c card. he won't. so i c broe the web faster,, email ness plans faster. all on the gogo. i'm bill kurtis ani'm faster than floyd maeaer. (annncncer) switch to ththe nati's fastest 3g3g netrkrk aand get t at&t lapptopconne card for free. in many newspaps all around e country, featured a picture from italy where it appears president obamis checking out a man's rear end. which is surising because ushle only one heas to keep an eye on is joe biden. >> that's just wrg. that was so dumb, by t way. did u guys see that picture er the weekend? oh, whatever. never mind. well, just think newspapers are desperatehen they put a picturin like that. that's all i'm going to say. here with us now chief politica

. >>>>> dd wararnn buffett chimemn t the stimulul debatete tayay saying unemplplmement could rea 1111% dd a secondnd stimulus package may bebe needed. > that's it f from ccc, first in business worldwdwe.e. now back to "hardbdbal >>> welcome b bkk to "hardball." confirmamaonon hrings for siaia sotomayor kickck off monday in e senate judiciaiary commitite,e, reblblans are maaki s som noises about unting r risistae even iff ththeyavave nochchan o stopping her from joinini the susueme court. here is senatee republican leadr tchmcconnell oday. >> all of us are impressed by her markable life story. it reffirms not on to americans but to people around the world thhaturur is a country in w whi oone w wlilingss to dream anand to wrk hard remain ththe ly requirements for success. ananyeyet 's p pcisely the tutuh about amereraa tt makes it so important thth our judges apply the law w ee same way to one individual or grgrous to everer other. this is why we've raised thehe questitis s weave, and this is why we will l coininueo raise th as the confirmatioionn hearinings for juudgee sotomayo oceed. >

senate at did anbrupt about f fe dd apparently saidid h he wouldt be runningng f the seaea after all.fter tellinggth republican party senatete cpapan mmittee that he was going too rutoto replace burris congressssn n ma kirkepeptedly started tellinggololleues he hahachanged his mind aas out of the cce. no illinois is adedeeplue ststatand in normamal circumumstceces 's unikely a rereblican would have a ral shotottt winning a a u.. senate seat there right ow. inin lhtht of land buisis and ththe gogoernor, hohower,r,anyt is psisie. onththinmark kirk is naononly famous for of course is travelilingoo china this yr and d llllin the chinese vernment that theyhouldn't trust the arican governrnntnt. maybe the r reann mark k kirkk not t inin to run fofo higher office inn iinois is bececau a plum seat has opened up for him in b beiji. th ] [ womamasighs [ horn honks ] [ sighgh ] a a t goes through your mind. t with liberty mutual, insurance issues won't, because we o o unlimited d rent coverage, new car placement, and acde forgiveness to help easeouour nd. and ththat's oururolicy. >>>>governor sa