of dell incorporated. the company revolutionized the production and distribution of personal computers. at the time of the i.p.o. in 1988 michael dell was 23 years old. earlier this year he announced he was taking his corporation private. it is the largest company in history to do that. the deal had its opponents, however, leading "forbes" magazine to call it the nastiest tech takeover in history. i'm pleased to have michael dell back at this table. welcome. >> thank you, charlie, great to be back. >> let's start with that. here you are at 23, you sold computers. people could order what kind of computer they wanted. you had taken a computer apart and knew what was inside them and you would put it together for them. and it made you a billionaire. then in 2007 you walked away from it? >> 2005 i became chairman and 2007 back to c.e.o. again. >> rose: okay, so you walked away and became chairman and somebody else came in as c.e.o. then you came back. so that was for you -- 2007 today is six years later. tell m

michael dell from dell incorporated. thanks for joining us. see you next time. ♪ >> welcome to "lunch money" where we tie together the best videos, stories in today's news. adamden johnson -- i am johnson. there will be someone new in the driver seat at gm, and it will be a first in the global automotive industry. will talk about it. on wall street, the volker rule is about to become the new reality on banks. we are about to go inside ups, the biggest shipper of packages in the world. in world -- celebration nelson mandela as the world says goodbye on a high note. in the wild card, 12 days of it going -- 12 days of bitcoin. someone new in the driver seat at general motors. ma

michael dell from dell incorporated. thanks for joining us.ee you next time. ♪ >> live from pier 3 in san francisco, welcome to the late edition of "bloomberg west," where we cover the global technology and media companies that are reshaping our world. i am emily chang. our focus is on technology and the future of business. let's get straight to the rundown. move over google glass. getting into wearable tech, making all kinds of wearable gadgets. and amazon drones may still be years away, but sparking a

they are in there as far as we know, dell, the ceos, titans of technology, speaking with the presidenttwo in particular have written the president and members of congress seeking clarification on the surveillance program. they want it to be facebook, twitter, anding goo -- google want to talk about this nsa program. the president made a spoke of house of cards, the ceo of netflix is there in the meeting. but precious little information is available. these top executives avoided cameras on the way in. this meeting is ongoing. we'll let you know if anything the readout and what comes out of it, dell. >> the white house a recommendations after the first of the year, dell. >> mike thank you very much. >>> there is news coming out of afghanistan that six american service members were killed in a helicopter crash there. officials say the incident happened in the southern part of the country. phil ittner joins us live from london, and phil, what do we know about this crash? >> well, dell what we know is that this blackhawk helicopter came down around mid-afternoon in a southern province in af

dell. this has established the regular order.f this goes through, it would prevent not only a showdown in january, but also next october. it is still a modest deal. a modest compromise because no one is really walking away with the big ticket items that they want, but at least it does the little stuff. >> libby casey thank you very much. >>> our other top story, in south africa nelson mandela's body lying in slate through saturday, thousands of people lining up to pay their last respects. >> reporter: in downtown today people queue up in long winding lines waiting to board free buses for a trip to the union buildings at the top of the hill in the distance. it's the seat of south african government and that's where nelson mandela's body will lie in state for the next three days. >> it's very emotional. even now i'm just thinking what will happen when i get there. so i'll just see. >> it's important because madiba has passed on, and we all know what he did for us, especially for south african women. and that's why i'm here to say t

it is an interesting time for dell. with their customers and getting them excited to buy dell products is the entire goal today. doing? we know less now that their private. that they areted growing at double-digit rates. that is hard to believe given the rest of the industry. we have talked about the slowdown at ibm. they are seen falling sales. i thought it would be useful to compare. up until what we know is going on. when dell was going through their takeover struggle, the customers ran away. they had -11% sales numbers. hewlett-packard also put up late -- great declines. dell seems to catch up. it seems like they may resolve things. improvementistent until they went dark and stopped telling us what was going on. we know that hewlett-packard has tended to trend close to dell. whatever happened in the last quarter at dell, we do not know. the notion of double-digit growth is hard to believe. we may never know unless they take the company public again. if they turn it around that fast, you can see why some people are o

ever was such a thing now in a written statement from the company dell says quote a critical element of our strategy has been and always will be about improving our cost structure and freeing up capital to make investments in growth areas that matter to our customers it's clear that dell is looking to free up cash and trim expenses after founder michael dell took the company private this past october and a twenty four point nine billion dollar buyout i must say though in the name of holiday cheer dell's anti layoff option seems pretty civil law as compared to the alternative that just being regularly laid off well there you have it will be tracking these stories and keeping you posted on all the latest. the thirty seven words in dodd frank directing regulators to prevent banks from gambling with customer deposits had finally come to fruition this week five financial regulatory agencies approved the volcker rule i spoke with bart naylor financial policy advocate public citizen about what made crafting the rule so difficult for regulators and here's what he had to say. i would say in a

clearly dell is gaining share.st three quarters and i'm quite convinced we'll be getting share. >> back to becky's question. so five years from now, i'm trying to figure out what i'm going to be buying. and i can't see -- it's -- like i hate those ipad key boards. the spaces never work, there's always a "v" where the space is supposed to be. why? i'm going to need a keyboard still and i'm going to need a screen still. i don't know how that advances. it's not going to give me a back rub or anything, right? or something -- it seems like we're stuck with that. that's what it's going to be unless i'm buying a drone or something to take the cleaners. it's still going to be a keyboard and a screen, isn't it? >> yeah, we're working on the whole telepathy thing where you imagine things and it happens. but until we get there, displays are important, visualize information very quickly with a display. and, of course, people are very used to keyboards. there's lots of new foreign factors. i don't think you'll see one device th

dell is moving beyond making personal computers and laptops. we're joined now by michael dell.solely on our customers and not shareholders anymore. >> wait. no. you're not saying when you were a public company you paid more attention to your shareholders than your customers? >> i think in this country we have an affliction of short-term thinking. being able to be bold focus on our customers, long term that's really the privilege we get being a private company once again and having a strong balance street capital structure to be able to indeveloping in our business and, you know invest in research and development and help drive the next wave of innovations that are going to power our center forward. >> everyone knows dell is a pc maker. a lot of us have had dell laptops. >> i see them all throughout the offices. i appreciate that. >> but you're going to try to move beyond that. how so? >> we're still very much in the pc business. this holiday season tablets are very popular, but what we're seeing certainly is are -- in the broader use of i.t. and businesses and health care and e

people around us -- what is necessary for a nation to prove it has a peaceful nuclear program. >> dellect to hear tough questions both from republicans and democrats. secretary kerry is not going to get andy ride from democrats at this hearing. >> there are rare world implications for what happens in congress. what is at stake? >> absolutely. secretary kerry says if they oppose the sanctions, it sends the message that the united states isn't serious. yesterday reporters were told that even some sanctions that wouldn't kick in for six months after this interim agreement period could harm the fundamentals of what is going forward. a couple of senators are working on a bill that we expect to drop today and be made public. democrats and republicans trying to work together to impose sanctions if iran doesn't make progress. but secretary kerry will push back on that today at this hearing. >> libby casey thank you very much. >>> also in washington the pressure is on for congress to end the year on a productive note. there is a laundry list of issues they need to tackle before leaving for chri

of those it's still a relatively low number, dell.bout 130,000 have signed up in this total on the federal website. it is accelerating. they are seeing more success, shorter wait times. the administration painting a very rosy detail. >> mike viqueira thank you very much. >> okay. >>> pope francis has been selected as time magazine's person of the year. nancy gibbs saying the pontiff has had the greatest impact on the world this year. since march the pope has changed the tone, perception and focus of one of the world's largest institutions. edward snowden came in second. >>> now to south africa where dignitaries and now thousand -- thousands of mourners continue to file past nelson mandela. flowers and candles lining the sidewalk outside of the south african call sole late in new york. nelson mandela first visited the united nations after leaving prison in 1990. it was one of many visits to the u.s. his picture also hanging outside the un security council dham cham -- chambers. >>> vice president biden is expected to speak at a memoria

their duty but there will be no classes no students here at laurel dell. also, the superintendent of schools says they will be working, fixing this problem all weekend and fully expects that school will be back in session monday morning. live, katie marzullo, abc7 news. >>> happening today, b.a.r.t. and its unions will be back at the table with a federal mediator over a disputed clause in the new labor contract that ended the strike. they are hoping to resolve the conflict over a clause that gives the transit workers six weeks of paid family leave. b.a.r.t. insists both sides agreed to take it off the table and says it is a mystery how it got back in there. union leaders say a deal is deal. matt keller will have a live report with more in the next half hour. >>> contract talks resume today between ac transit and union drivers much the union and the district are nearing the end of a 60-day cooling off period that averted a strike back in october. today's "contra costa times" reports the situation approaching a boiling point again. starting sunday, ac transi

. >> dehydration and dell iryum was part of her cause of death she suffered from alcoholism.

dell? >> dave warren thank you very much. thank each of you for watching al jazeera america.el walters. "the stream" is next. for updates throughout the day go to aljazeera.com. and a reminder, the two winner lottery tickets sold in california and georgia. i was not among them. ♪ >> hi, i'm lisa fletcher, and you're in "the stream." detroit is not alone. chicago's public pensions are short $28 billion and the city that works is in trouble. our digital producer, ra raj is here, and most people are familiar with detroit's crisis, but chicago's is whooshes. >> people have been

dell? >>> thank you very much. >>> there is a new way to see the french alp.k into a glass box and there is nothing but a drop of 3,000 feet below. it is made of extremely thick glass. it cost $75 for a trip through the see-through cabin. airfare not included. >>> "inside story" is next. and check us out 24 hours a day just by going to aljazeera.com. what will the president and the congress do? that's the inside story. hello, i'm ray swarez. it is impossible to know if the people at the top of the national security agency ever expected their techniques to be revealed to the rest of us. or if they could have expected what the world would be.

loberg broke the story in january but that dell was in the talks with company president.er that it was silver lake, and it closed in october. it took most of the air, and it was a 25 billion dollar deal. we saw activists come in and out left and right. a drama deal, and a big headline number. do you see smaller companies that take about being acquired by one of these bigger ones who were there public, whether they d.c. that is part of a startup strategy, or is it just too late in the game to even go that far? >> it is hard of their strategy. innovation has been de facto to into acquisition. start of culture into more -- >> we see some of the stack try just aren't these innovation labs, ibm is one of note, and whether you say this by default or not, they're certainly looking for a younger, hotter, smaller companies they can buy because they know they cannot grow it in-house. >> ¢ has been acquiring once a great hardware companies. -- gave into new york. that is helping them read the future of shopping. it is the types of companies that are a fit for acquiring innovation. c

. >> and mike, when mightng publi recommendations after the first of the year, dell. >> mike, thank youery much. >>> on capitol hill the bipartisan budget deal has now cleared a major hurdle in the senate. libby casey is on cforward. senator marie spoke before the bill hit the floor. >> this bill is a compromise. it doesn't tackle every one of the challenges we face as a nation, but that was never our goal. this bipartisan bill takes the first steps towards rebuilding our broken budget process, and hopefully towardsagainst it, in sessions. >> the only way to fix it will be to say to senator reid and the leadership here in the senate, that let's slow down and give us a chance to have actual amendments, and fix some of the problems, and there's plenty of time to fix those problems. send the bill back to the house and be able to pass it this rolls back those sequester cuts, which means more spending. >> libby how does this budget bill watching for a handful of republicans to jump on board with this. it only takes a few in order for it to be passed. >> thank you very much. >>> there are rep

dell?> reporter: mike, thank you very much. >>> the future of the federal reserve stimulus policy is set to be reconsidered in a few hours. they'll decide whether the recovery is strong enough to pull back on its bond-buying program. that has kept interest rates low and fuelled this year's stock market rally. >> we saw that the first time the fed tried to signal it would be scaling back its program, mortgage rates shot up and folks began having a harder time, getting a mortgage, and being able to afford the homes they wanted to buy. >> we'll have full coverage this afternoon, and then tonight, ali velshi is going to add his unique incites as to what the fed action means for you and your family. >>> the senate intelligence committee is asking the cia to turn over an internal study about how it details and interrogates prisoners. the study is said to be critical of water boarding and other interrogation techniques. >>> and there is another report concerning a secret program run by the u.s. go

the stayed deteriorating situation in syria, dell. >> mike viqueira thank you very much. >>> we switchears now and go to capitol hill. senators set to leave there after last-minute business. but harry reid was not there. he was at the reid, he is still in the hospital, but it sounds like he may be getting out shortly. he wasn't feeling well this morning, so he went to the hospital in what his office is calling a precaution nomination janet yellen. this got through a procedural step. she will not get final confirmation until january 6th when the senate he will not onl dealing with the taxes that you and i pay, he also has to deal with implementing confirmed tod. >> and libby in terms of the work that they got one, that is one thing, but the work that they didn't get done is another in january. dell. >> libby thank you very much. >>> there are new reports concerning the national security agency. there are new documents that have been leaked by edward snowden revealing that the nsa kept tabs on scene your members of the european union, directors at the united nation, african heads of stat

>> bor is very important dell.t is the capitol of south sudan, this is the biggest region in south sudan and it is full of oil and other resources. the capture of bor is a setback for the government. the attack was carried out about rebels, allied the former vice president. they were known to the white army, 55,000 of them, they carried out the attacks, and after hours they managed to capture the city of bor. that is raising fears of a civil war in this country. both sides have agreed to send delegations to the capitol in ethiopia, where they are support to start talks on how to stop the ongoing violence, so that humanitarian aid can reach the people who need it most. most of whom are dispatched across a very wide area. this is a very big problem, and it has been a big problem delivering aid to the people. >>> at least ten people have been killed, including two children in the northern syrian city of alepo. charles stratford reports. >> reporter: this bus was reportedly here to buy government tank shell, activists

their duty but there will be no classes no students here at laurel dell.o, the superintendent of schools says they will be working, fixing this problem all weekend and fully expects that school will be back in session monday morning. live, katie marzullo, abc7 news. >> thank you so much, katie. >>> happening today, b.a.r.t. and its unions will be back at the table with a federal mediator over a disputed clause in the new labor contract that ended the strike. they are hoping to resolve the conflict over a clause that gives the transit workers six weeks of paid family leave. b.a.r.t. insists both sides agreed to take it off the table and says it is a mystery how it got back in there. union leaders say a deal is deal. matt keller will have a live report with more in the next half hour. >>> contract talks resume today between ac transit and union drivers much the union and the district are nearing the end of a 60-day cooling off period that averted a strike back in october. today's contra costa times reports the situation approaching a boiling point again. sta

. >> reporter: yeah, good afternoon, dell, from kennisaw, georgia, the only place in america that has law on the books saying that each household has to own a loaded gun. there are some exceptions such ooze mental conditions or religious reasons. there are a few places around the country that have tried to enforce the same law, up in in massachusetts, utah, and a little town called nelson, georgia not far from here, they passed the same provision back in april of this year, but had a lawsuit put on them by the brady institute, so they changed the verbiage saying there is no requirement, and they skirted around the issue. let me bring in a guest we have. lieutenant craig graden, tell me why is this law on the books here? what is the purpose? >> originally in 1982, the city of morton grove, illinois banned hand gunns from their city limits, and the city council here at that time felt that was an infringement on second amendment rights, so they passed an ordinance to counter that saying every household would have to own a handgun. it's a way of sending a strong message that has a governm

>> the 1980s, of course plan dell mandela went to jail in the '60s.ut his imprisonment and the effort for the ending of apartheidwent to jail in the '6. but his imprisonment and the effort for the ending of apartheid mandela's jailing sparked not only the efforts in africa, but the efforts all across the world to call for the freedom of mandela in the context of ending apartheid. so it became an international symbol. and his imprisonment and his subsequent release in 1990 in and of itself was an incredible event. i remember the television in the united states carried his release live all over the world when he was released from prison at robin island. of course it was part of discussions and if you will a deal between mandela and f.w. declark, but it's important for people to recognize that there was an international movement, students protesting on campuses here, efforts at the united nations within both the african and european latin american and asian communities. and for a good bit of time, the struggle in the united states was a struggle against

are among the strictest in the nation dell. let me give you some idea what they are like. in d.c.t is illegal to carry a firearm concealed or unconcealed, you can't even drive in a car with a loaded firearm. if you bring a firearm out of state you have to register it here with the city. and there is a ban on assault weapons and large capacity magazines. despite that as you say there was a mass shooting here in september. the man who perpetuated that shooting bought his gun just across the border in virginia. the laws are much looser there. and the police say there is also a big problem here with illegal guns. >> and lisa, just like sandy hook after navevy yard shooting there were calls for something to be done, but was anything done? >> not in the d.c. area. they did not pass new laws. they did not pass new laws after sandy hook here in dc. but when i talked to the folks here, what they are telling me is despite those strict laws, gun violence is up this year in the district. so far there were 70-gun-related homicides, not counting the navy yard. so still a big problem even though

peggy fox is in annan dell. >> reporter: good morning. -- peggy fox is in annan dell. >> reporter: good morning -- annandale. >> reporter: good morning. this is what you'll find as you get outside this morning. a lot of ice around. ice on your sidewalks. ice on your driveway. ice on any kind of plants, trees, and that will be causing a problem this morning with branches falling. i drove over a branch on my way over here this morning, a fairly large branch. fortunately no damage to the car but be careful out there because i think things will be falling. this is pretty heavy ice you can see. we're here on little river turnpike just east of columbia pike because there's a transformer that has blown. if you can see across the street there, this is the intersection of pine crest vista and 236 also called little river turnpike. you see those flames in the woods? i went up and took a look at them and they are branches on a wire. they just keep burning. been burning about an hour now. beyond that is a transformer. we're told by the rescue crews that were here a little bit ago that a transformer

nelson man dell laugh was to be released from prison. he was held on robin island five miles off the coast and like alcatraz like many years. he talked where he wrote his long walk to freedom, auto biography. they spent grueling hours in the sun breaking rocks on the island looking in the distance at the mountain in cape town and the beautiful cape town in the distance. mandela became close to his prison guards. i remember when we were down there in 1990 in february that they had to release a picture of what he looked like. it had been illegal for any newspaper to publish a picture of mandela. in february of 1990, on the eve of his release, they published a picture of how he aged and what he would look like. he asked the clerk and prison guards to hold off on his release by a week to allow the nation time to digest the information and to prepare for it. he always had a sense of his place in history. he always was opting for actions that would lead to a peaceful transition. when we were there covering the end of a par tide, it was not cle

takes thing is if it nearly two decades to negotiate the first dell you will have a ot of -- first dellill have performance wonder if it is the appropriate forum to negotiate deals to begin with. did get one salvages the w.t.o. hedging een people their bets. we have regional trade pacts and trans-pacific partnership and transatlantic partnership. in e were some who were and -- bali and did this went to singapore to work on the trans-pacific partnership. hat shows you how those deals are becoming. you have 159 countries and they ave to agree on something not unlike the united nations, it is difficult. saturday one of the big blocks was cuba that was trying to get others to xpress their opposition to the u.s. embargo against cuba and they gave it up. they are getting out the way on that allowing it to go forward. be an wouldn't exaggeration to say it has retty much saved the w.t.o.'s bacon. >> let's talk about this from a view.rs point of once there goes through talk about what it will be meaning for business. will it mean for goods on the high seas? be enacted by two-thirds of the parlia

kirk dell bean nay? >> i think he'll be fantastic. tell me more, why?i'm headed to another meeting, guys. thank you. >> you can see a couple tight lipped ceos, not many of those ceos wanted to talk to any of the reporters waiting for them. we'll have to wait to see what the white house says went what went on in this meeting. a lengthy meeting, we're told they were talking about the health care website and the u.s. national security posture and the leaks from edward snowden and the cooperation between the technology companies and u.s. intelligence agencies. very, very sensitive stuff here at the white house today, guys. >> absolutely. well, we await more details on that. thank you, eamon, very much. >> you bet. >> as we close out a banner year for the u.s. stock market, cnbc is taking a close-up look at some of the real drivers of the bull run in 2013. the single best performing sector in the s&p 500 this year, consumer discretionary. dominic chu looking at specific names, the best performers and where the investing opportunities still are. >> so like yo

. >> dell city attorney during the closed session the committee voted to forward to the the recommendationnd continue item 10 to the chorl. >> colleagues, can i have a motion not no disclosure what was talked about in closed session madam clerk, is there any other business. >> no, that's it. >> then this meeting a adjourned. >> on december 28, 1912. san francisco mayor, sonny jim rolph stared into the crowds of those who have gathered. a moment in history. the birth of a publicly own transit system. san francisco municipal railway. muni as it would become to be known. happy birthday, muni, here is to the next 100 years. the birth of muni had been a long-time coming. over the years the city was disjointed privately owned companies. horses and steam and electric-powered vehicles. creating a hodgepodge of transit options. none of them particularly satisfying to city residents. the city transit system like the city itself would have changes during the san francisco earthquake. the transition that will pursue from this aftermath would change san francisco's transportation system once again. fac

the dell.by only 65-35, it is like the office voted 6-4, we're giving you a get well card, thank you very much. at some point, i think dell stands for the proposition that directors acting in the interest of public shareholders may have some alignment of interest with activists who are annoying, and i think there is a movement now afoot to try to get corporate strategy and corporate share prices rights, including three m&a, but when it is right. >> what about next year? when i look at the big leading indices for m&a this year, telecommunications far and away the most active industry. does that continue into next year, is it being driven by activism? >> telecom is its own special case, and it is not a lack today to combine, it is very mature, powerful companies that are combining. t-mobile and sprint together, it they've got over 50 million subs, which starts to compete with verizon and at&t, the majors on top your the real game in telecom is in europe or muchhave not had as consolidation. you'v

. >> 7 mil pagiÁginas de hororoo delles que describen la escena d del criÍmen y fotografiÍas y hos de sandy hook dÓnde Él atrabajaba. >> agencia de espionaje es leg l legal, no hay registros de inf r informacin informaciÓn de ataques terrori t terroristasw, se desesetitimÓ a demanda y se apelarÁ decisiÓn. >> 47 mil psersonas han muerto en mÉxico en su trayecto a eeu estados unidos , el gobierno x mexicano tiene gran culpa por s esta alarmante cifra. >> cuando comienzan el viajÓ , c cuando dan el primer pasÓ saben que arriegan la vida y que pu e pueden perderla. >> seguir adelante. >> los inmigrantes para llegar a la frotnentera de tamaulipas t r tuvieron que ver la muerte de cerca. >> unos murieron de frÍo , otros de hambre, otros murieron aho ahogados. >> los inmigrantes sin victimÍc de lanaturaleza, del camino y e del criÍmen organizado que lo e secuetra y los mata. >> del aÑo 2006 al 2012 mueririn mÁs de 47 mil inmigrantes y e n estÁn en fosa comunes sin identiciar y es que las organi a organizaciones dicen que despuÉs de morir nada garantiza la ju justicia. >> en una bodega fueron

vo-blanca ---esta maÑana, la primera "laurel dell" de la ciudad de san rafael, cancel sus clases, luegoanoche un conductor estrellar su auto contra un edificio del plantel localizado sore la avenida woodland. ---durante el impacto, varias tuberias de gas y del sistema elctrico fueron averiadas por lo que la calefaccion de la escuela "no" funciono. ---la directiva informo que las clases se reanudarn el proximo lunes. ---2 personas que viajaban en el coche resultaron con lesiones leves. blanca ---miles de residentes de la bahia, han acudido a una tienda cercana de su localidad... take vo ...para comprar un boleto de loteria de "mega millions, con la esperanza de que salga premiado. ---hasta esta tarde, el premio mayor habia aumentado a cerca de 420 millones de dolares, convirtiendose en uno de los mas grandes. ---despues de impuestos, el ganador recibira unos 228 millones de dolares, si decide recibir el monto en una sola suma. ---el boleto que acierte 5 de los 6 numeros ganadores, se haria acreedor de unos 2 millones y medio de dolares. ---un total de 43 estados del pais participan en el

so it can be sold to so it can be sold to corporations like dell computers corporations like dell computersortune 500 companies. and other fortune 500 companies. >> here is what is cool. >> here is what is cool. i can take the material, bury it i can take the material, bury it in my yard and within a couple in my yard and within a couple of months it will biodegrade and of months it will biodegrade and add nutrients to the sail. add nutrients to the sail. >> echo veil is about to >> echo veil is about to manufacture plastic-free manufacture plastic-free products. products. the possibilityies go behind the possibilityies go behind protective packaging, and they protective packaging, and they are developing home insulation. are developing home insulation. >> do you guys feel you are >> do you guys feel you are having an impact on humanity? having an impact on humanity? >> we see it looking forward >> we see it looking forward senturies, we want to make sure senturies, we want to make sure the environment is available for the environment is available for our grandchildren and our our grandchil

apple sharehe buyback proposal, and of course with dell.ckman has battled with icon and dan loeb -- with carl icahn and dan loeb. and dan loeb himself had a great year and had to -- and try to bring changes at lowe's and sotheby's. he was pretty successful. >> at of scarcity, how surprised were you that activists were willing to take on apple? howut of curiosity, surprised were you that activists were willing to take on apple? with more than $100 billion on the balance sheet, you had people saying it is bigger than any hedge fund out there. how could you be sitting on this cash? and activists were willing to put pressure on. >> that is right. they can get two or three times leverage without much difficulty. the banks are not lending to everyday americans, but they will lend to hedge funds. and cannot act in concert, if they do they have to file with the sec, but there is no reason why the smaller hedge funds cannot tag along with the larger ones. the effect is that there is a multiplier effect. they are acting in concert. >> we have seen a

dell? the >> dave, thank you very much. i'm del walters in in new york, thank you for watching. "the stream" is next. ♪ >> how deeply does the you income gap affect your every day life? >> our digital producer is bringing you ive feed >> how deeply does the you income gap affect your every day life? >> our digital producer is bringing you live feed >> it is the size of the gap, the numbers are stunning. our producer tweeted out the c.o. to average pay worker ratio was 20-1 back in the day, today 273-1. steve replies who cares, what your c.e.o. makes has no difference to address vaning your career. it's like twenties% owns 80% of the wealth. it's up to the american people to insist our legislatures do something about this problem. matthew says what purpose does an unfettered economy serve. >> when it comes to the unequal distribution of wealth, president obama calls income inequality the defining challenge of our time. >> since 1979, our economy has more than doubled in size, but most of that growth has flowed to a fortunate few. the top 10% no longer takes in one third of hour i

dell is a big brand name. the 8 pro, has a touch screen. then the show stopper is giving them the laptop they need and the tablet they want, this is called a transformer book. a laptop and watch this, you literally click a button and a tablet goes with you. it is a beautiful tablet. again touch screen. so i love this. and at $299, okay you have been begging for a tablet. i know you need a laptop, pretty winning scenario. >>> still ahead, snowflakes and 60s. really howard? >> yeah mike. got a little warm up coming. we have to get past the next oh, 48 hours or so before we get there. in fact, look at these temperatures right now as we go to break. 33 in rockville. 29 bumped up in the upper 30s here in dc. i'll talk about the snow potentia yÑ >>> some of the untold stories about one of the world's smallest countries. marcella rosen, the become is called "tiny dynamo ." >> thank you. it is a company the size of new jersey, that has almost as many start ups as all of europe combined. happens to be 100th of the population of europe. inventions li

nelson den dell la, madiba inspired the world.as privileged to know him. >>> with us richard strangle, former time managing editor and author of "mandela's way, lessons of life and courage." we talked about what happens now in terms of the funeral. there is a whole timeline now that will play out. >> there is, and it's going to take ten days. we understand that the state funeral will be on saturday or sunday, if you calculate it, depending on how this plays out. so what are we going to see? we're going to see a state funeral in the hills of his ancestor lands, in the area he grew up in. he really wanted to be buried in those hills. this is going to be next weekend. until then in the next few days, nelson mandela's body will be taken to a mortuariry, a hospital, a military hospital where he'll be enbombed. there will be a memorial service here in johannesburg, the same stadium where the world cup final was played and that will be like a public memorial service. many people will be encouraged to come pay respects. it's unclear if hi

harry reid writes in a way man dell yafs both the george washington and abraham lincoln of his country. >> jon: we have to make him into a white guy somehow? is that it? how would people understand the references? he's like george george except not at all. the former south african president got props from less expected figures. >> newt gingrich called mandela one of greatest leaders of the lifetime. >> jon: ted cruz released a heart felt statement would be news whether mandela died or in the. [ laughter ] it's not news that people are rushing to praise man dwreal but what is news is the reaction to that praise. >> you wrote a facebook page and put out a statement praising nelson man dwreal a man you supported early on and then were surprised by some of the reaction you got. this clench fist murdering guerrilla warrior does not deserve respect. >> i was surprised by it. christa posted my statement on her facebook page and amazed at some of the intensity some of whom came back three and four and five times repeating how angry they were. >> jon: one gentleman suggested that for dinner thi

we had quite a dell you traits outside of our studio. look at our temperatures. 46 degrees right now. that is our low temperature for today. we started out at 65. already a quarter of an inch of rain. doppler shows that rain. temperatures are warm enough, so it is all rain. it is now used to the i-95 corridor. there is enough instability in the atmosphere that we are actually dealing with some under storms. certainly a wide for ibf precipitation across the country. can you spot the front? this very evident on temperature map, extending from the northeast down today deep south. it is 26 degrees in dallas and 35 in nashville. this take arctic plunge continues to shift eastward. we will see the colder air starting tomorrow. here on our radar, all of the moisture continues to stream. we actually have that snow. that is where the winter storm warnings are in effect. here's the map that shows you the warnings that stretch from texas into the tennessee and ohio river for these. now, up into portions of the northeast. so, the freezing rain is st

. >> dell city attorney during the closed session the committee voted to forward to the the recommendationnd continue item 10 to the chorl. >> colleagues, can i have a motion not no disclosure what was talked about in closed session madam clerk, is there any other business. >> no, that's it. >> then this meeting a adjourned.out. >> hi, i'm japanese with the san francisco public utilities combination sometime people call me sewer girl our systems has served the area for 1 hundred and 50 years we're planning you understand public health and our environment don't think that so come in down and see how >> wow, are the beetles here or are we just reoping the playground? i'm not sure which. thanks to the 2008 parks funds, where you're standing is the home and all of you san francisco voters gave a $20 million investment in this neighborhood. i was born and raised four blocks from where we stand today. i came and played in this park, on the equipment, in the you know what i mean you know jim gym and structure today. >> to make this a park that everybody can enjoy, a diversity that would show the

. >> okay item 89 a requests to the project for the africa desk a departmental dell incorporation located at pier 9 subject to approval with the board of supervisors. >> good evening court leasing manager. i'm seeing the approval for the items read by secretary. auto demonic occupies 27 thousand square feet at the pier 9 and pays an annual debt of $443,000 duo to date they've made a if $24 million 1ri6789 for improvement. they've made improvements to the south side of pier 89 and the port is currently rectifying the plan for a paperwork let located on the portion of the pier which is a condition of the ac/dc permit. autodesk is proposing to add an additional 34 hundred secret of space which is for the purpose of constructing it's robotics r&d lab. the third requests autodesk to investor into the space because consideration for thought development the provide a period for the purpose of the involvement and also a representative be credit in the amount of $440,000 the net capital improvement by autodesk is $1.6 million. the amendment provides a rent to the port and the third amendment is su

. >> dell city attorney during the closed session the committee voted to forward to the the recommendationnd continue item 10 to the chorl. >> colleagues, can i have a motion not no disclosure what was talked about in closed session madam clerk, is there any other business. >> no, that's it. >> then this meeting a adjourned. >> there has been an acknowledgement of the special