. >>> associated press reporter linda deutsche retires today. of the most famous trials ranging from manson to michael jackson. danielle nottingham sat down with her. >> reporter: linda deutsche has spent nearly half a century covers the trials of the century. her face and byline now well known but on her very first day at the "associated press" -- >> i was the only woman -- i was replacing the only woman who was leaving to have a baby. the editor on the desk looked up and said, oh, no, another new one. that was my welcome to the a.p. >> reporter: deutsche was just 26 when she was assigned to cover the manson murder trial. using the same typewriter she got when she was 10. dozens of high-profile cases followed including o.j. simpson which led to her greatest scoop. when that trial was over, o.j. called you first. >> he did. >> why? >> he would say the reason he talked to me is because as he said she never thought i was innocent, but she never said she thought i was guilty either. >> michael jackson, did he reach out to you? >> he did. michael ja

. >> associated press reporter linda deutsch mass covered some of the most sensational trials of the past years ranging from charles manson to michael jacksonment she's retiring tomorrow. here's her exit interview with danielle nottingham. >> linda deutsch has spent nearly half a century covering several trials of the century. her face and bylines now well-knownment but on her very first day at the associated press. >> i was the only woman. i was replacing the only woman who was leaving to have a baby. the editor on the desk looked up and said oh no, another new one. and that was my welcome to the ap. >> deutsch was just 26 when she was assigned to cover the charles manson murder trial, using the same typewriter she got when she was ten. dozens of high profile cases followed including o.j. simpson which lead to her greatest scoop. >> when that trial was over, oj called you first. >> he did. >> why? >> he would say later that the reason he talked to me was because as he said, she never said she thought i was innocent, but she never said she thought i was guilty either. >> michael jack

is selling deutsche bank over an alleged scheme to avoid federal income taxes. the government hopes to recover more than $190 million in taxes, penalties and interest. also named as a defendant wells fargo, which acted as a trustee for deutsche bank in the matter. in a statement, deutsche says that it's fully addressed the government's concerns. >>> a top federal reserve official says he expects the central bank to stay on track to begin raising interest rates in the latter half of next year. atlanta fed president dennis lockhart says the weak global economy and low inflation remain a risk to the u.s. economy and he's worried that inflation hasn't picked up yet despite labor market improvement. but he still expects the economy to grow at about 3% in 2015, now lockhart isn't a current voting member on the fed's policy committee, but he will have a vote next year. >>> the wild and crazy members of the national association for business economists say they doubt the fed will raise interest rates above 1% by the end of 2015 as central bank officials currently project

they're being joined by deutsche bank.ve been filed against deutsche bank and six other entities for engaging in an abusive scheme to avoid federal income taxes. basically, what he's saying, he alleges that in 2000 deutsche bank used underfunded shell companies to evade significant tax liabilities. the suit seeks to recover more than $190 million in taxes but also in penalties and interest. so i don't want see some of to -- i don't see some of the other names here. oh, wait, i do. do we have the other names? not just yet. at the moment, as soon as we can get those names, we will. but apparently other entities are involved. deutsche bank entity allegedly sold a corporation holding the appreciated stock for a price that did not represent the fair value. just to game the tax, game the tax world. in the question i would -- >> the question i would have was he at deutsche bank in 2000 when this was going on? question to ask ask what did he know? this is how interconnected our regulators are with the banks they're regulating. liz

on set, mark halperin, donny deutsch and in baltimore, wes moore. >> it has been extraordinarily irresponsible over the past several months. and what the media has let pass as narrative we saw play out yesterday on an nfl football field. >> i'm puzzled. i missed something. the guys coming out like this. >> guys came out hands up don't shoot for the st. louis rams. what is so remarkable is they might as well have come out with a flying saucer attached to all of their heads in solidarity of michael brown being transported to venus on a flying saucer. because that happened as much as that happened. and that's according to grand jury testimony. that's according to witnesses. they are using his accomplice in the robbery that was with him at the time. who also claim that michael brown was shot in the back. and for some reason, the media attaches to these narratives

in a statement to cnbc, deutsche bank says it plans to vigorously defend itself. taking a look at shares of deutsche bank, down just about 0.735%, down just about 4% over the past three months. >>> and the big story in the uk today, tesco shares hitting an almost 12-year low as the company says it doesn't exceed four-year profit. an lefts were previously forecast ago profit of nearly a billion. the review of the grocery retail portfolio is still under way and he's, quote, quietly optimistic about the firm. >>> coming up, amazon delivers. the online retailer is reportedly testing a fast package delivery service in new york city using an old world mode of transport. we've got the story coming up in two. >>> the s&p 500 had its biggest drop yesterday in since 2004. alibaba lost about 2.6%. twitter, one of the jurchbd performers in the social media space losing about 2.2%. but interestingly enough, it wasn't just the new tech social media gains. even some of the oldest tech names like, let's see, intel and microsoft losing about 1.5%. whereas apple, which has had a st

rbs and deutsche bank. cutbacks -- what it means for the financial industries. ♪ >> time for today's company news. under fire from lawmakers. standards.g ethical overcharging and manipulating data of contracts. the chair says the culture is misaligned. is recalling laptop cords in north america. this concerns it could pose a fire risk. the chinese computer maker is asking customers to stop using the power cords immediately. although no injuries have been reported. >> uber is being sued by district attorneys in los angeles and san francisco over claims it made assurances to customers about drivers background checks. this follows the banning of the service in spain. >> repercussions of the global financial crisis continues to be felt by the world's biggest banks. new regulation is being unveiled by the federal reserve. lenders are retrenching for more costly as this is across europe and asia. here with more is caroline hyde. like theyng, it looks are continuing the tragic -- strategy. >> they are downsizing i

deutsche telekom given a vote of confidence.hey say revenues will increase by offering mobile plus the broadband, the tv, the landline. they feel that will keep customer loyalty. people are liking this so far. the big loser is telefonica. 02. own will it remain on the shelf for long? the key question is consolidation going to ramp up in the u.k.. could the smallest of the mobile networks, could they be looking to buy and the likes of 02 going forward? the key question of where consolidation goes from here. >> let's talk to lucy. you like the consolidation story. you had your call on telecom stocks a while ago. is bp getting too big too quickly? it causes a little caution, but it is logical what they are doing. i think we need to know a little more about synergy. they should have some. we really haven't seen the numbers yet. >> we covered everything this morning. telecoms, financials, the world. lucy, thank you for joining us. took the stress test by the skin of its deep. i am looking at equity markets in london pretty much dead

. >>> we have breaking news of deutsche banc to get to. >> banks, check out what's happening with deutsch bank. the u.s. government is filing a lawsuit over alleged scheme to avoid federal income taxes. deutsche banc shares off 2.5%. the u.s. is saying that they filed this against deutsche banc and other defendants over the scheme. u.s. attorney barra in manhattan said it seeks to recover more than $190 million worth of taxes, penalties and interest. the lawsuit does also name wells fardo in the capacity as a trustee related to the deals as a defendant and the lawsuit claimed that deutsche banc used flaud lent conveyances of shell companies to, again, being targeted by u.s. attorney bharara for alleged scheme to avoid taxes. that's what we have. >> all right. thank you so much for those head lines there. 35 minutes to go. dow jones industrial average down by 97 points today. crude oil is one of the wig stoirls today as wti and brent continue to fall taking the market with it. large selloff in many of the larger energy names today. >>> mega terrell in the middle of the action and a big can

ee is the four year venture of deutsche telekom and orange. this is the biggest quad layer out there, quote play is mobile isng with -- quad play mobile along with tv and internet. we want to make it easier for ourselves, easy -- interesting to see if that's the way we do go but they feel they will have less turnover and more ofalty if they do a combined all our bills into one. >> how are they structuring the deal? >> they have about 7 billion pounds of debt, more than half of what it is pumping out and it is notably -- if you're thinking what does 7 billion mean, it is triple b rated. that is the second lowest investment grade rating of a company so it is not exactly flush with cash relative to debt. relatively risky when it comes to the debt rating but bp says this structure is aimed at preserving a conservative financial profile. there is a reason that this is coming in cash in stock -- they will be trying to minimize their ramp up in debt by stockng deutsche telekom in the combined happening sewed which telecom will hold -- so deutsche tel

reports of jobs at rbs and deutsche bank. ♪ >> welcome back to "on the move ."e job cuts at rbs. here with more on the story is caroline hyde. not a u.k. story this time. a japanese story. they're retrenching in terms of their international presence. they have got to cut one million pounds. this is one way of doing it. it is about japan. they are no longer going to be a prime-rate dealer when it comes to japanese government on -- government bonds. they are cutting 200 jobs. it will be bare-bones left in japan, just 30 people trading fixed income to service their clients. the dealership will no longer be a primary dealer and they will inform the financial services agency as soon as today. next week, the clients will be let known. clearly this is just a global to entrench in global areas. they are not the only bank not taking money. we have ubs that has been losing money for two years now. it is a tough market. >> not everyone is pulling back from japan. 200 jobs within japan. the market can be quite brutal. that is a dip in the ocean. another small amount of jobs

deutsche, your time was well spent.you spent a lot of time waiting over here, and it took us a long time to go through this today. your time that you spent with us was well spent. if you please make sure whatever you have in writing, we'll enter it into the record. >> i appreciate it. >> thank you, gentlemen, you can spend the night here, do whatever you want, but we're going to move on. if the gentleman excuses to excuse himself, he may. >> mr. chairman, members. >> yes, sir. >> mrs. bachman, welcome to the committee. we're delighted that you're here and with us tonight. please make sure that that green light is on for you. and the gentle woman is recognized. >> thank you so much, mr. chairman. and also the members of the committee as well as the ranking member. it has been absolutely a pleasure to be here tonight and to listen to the thoughtful discussion regarding the mulvaney amendment as well as your timely remarks and those of everyone on this committee. it's very clear to me that this committee is highly concerne

cracking the code, new york's regulator is said to be investigating algorithms used by barclays and deutsche bank on foreign exchange trading platforms. >> welcome to "countdown." >> it is just 6:00 here in london. coming up, the israeli basketball team with big plans for cracking america. how they are making a play for the big time. our top story, democracy protest in hong kong luck to streets and divided the city for the two months and it is coming to an end. baliff's have moved in the last remitting site. live from hong kong with the details. this hour,nd that at 6:00 here in london, and this hour has been targeted as a key deadline for the protesters in hong kong. yes, where hearing police that now announcing protesters and others who should not be in the area should be leaving immediately. they have announcing this at regular intervals for the last hour. they said able start clearing this site very soon, maybe in the next five minutes. what has happened today is that part of the protest site was covered by an injunction in that part was cleared this morning by some people who are author

. >> let's talk deutsche. a very big business. >> perhaps not many jobs going, but it is a key theme. it shows that overall, we are starting to see banks moving away from less profitable areas. credit default swaps, this is the era get at now. products that help insure against your company. we used to talk about them all the time in the financial crisis. they have become very expensive to offer as a business. you have to set aside a lot more capital to trade. are to be moved on to different units in london when it comes to deutsche bank. they already said, we are not going to trade in single names. g to be ablegoin to trade a product ensuring against rbs debt that you hold. the single names are gone. it looks like they are scaling back from indexes as well. they are focusing more on the corporate bond market. perhaps even on more active derivatives indexes. the credit default swap still remains a huge market but it is slowing. we are seeing it down by 22%. that is how much the market shrank. that was this year

is th this is a deutsche bank report. what are they saying, who is in trouble?s is a report, their credit strategy desk just a few days ago. what is interesting, not long ago they were out with a report where they had run a stress test on what would happen to u.s. oil producers. exceptionally they said a wave of defaults. as much of a third of the junk bond issuers which is a lot could be in a default scenario or close to it. now, of course we're in the there yet and they have rerun their stress test and taken a fresh look. they feel like there is another $5 of breathing room, so another say $55 would be the key point here. but at that point, they say we should really look out and they say the high yield energy sector could be close to crossing the point of no return. and they also looked at past bear market misit o s in oil a w drawdown is often about 50%. they're forecasting if history is any guide, we really could get there. >> i talked to a guy and he said at 60 bucks, we're drilling no new wells. period. but we will keep the wells that are currently running

with us on set, we have the chairman of deutsch incorporated, donny deutsch.nd me on a really, really big morning. >> i've got to show -- start by showing the front of "the daily news." disturbing photo. and what protesters were peacefully chanting last night all across new york city. let me put it over here. we can't breathe. a and, mika, you know, last night all across the city obviously people responding peacefully to the tragedy that unfolded in staten island. bill talked about -- >> and the decision not to indict. >> and the decision not to indict. why don't we get the news and then let's talk to reverend al sharpton with us and donny deutsch and willie. >> widespread protests unfolded in new york city after a grand jury's decision not to charge a white police officer in the choke hold death of an unarmed black man. as joe just mentioned, the front page of the "new york daily news" reads, quote, we can't breathe." paraphrasing the final words. thousands of protesters took to the streets of new york city, tying up traffic for hours. the brooklyn brick, all

said to's regulator is be looking into evidence that barclays and deutsche may have used algorithms to manipulate foreign exchange rates. deutsche bank and barclays were not among the six firms that agreed to pay 4.3 billion to settle fx rigging probes. its service inse spain next week because of copyright legislation that allows publishers to charge internet companies for their content. the will take effect next month. that is the latest challenge in europe for the world's largest search engine. the european commission is investigating google for possible antitrust violations. in the next hour, the bank of england will publish its report looking into the transparency of its monetary policy committee meetings. the meetings decide benchmark interest rates. a review led by a former federal reserve official may recommend changing that. mark carney will hold a live press conference about that report at 10:00 a.m. we are going to take that live with you. here is the question of the day, what changes would you make in the bank of england if you had the ability to reform this institution? let

it is a company that is owned by orange and deutsche telekom in germany.ough to negotiate that deal. we understand that deutsche telekom could keep 50% of the company going forward. orangewood exit entirely. different than buying a boat to. it would have a cheaper price tag and easier parents, just one. those parents are looking to offload both of them. woo bte both trying to to make a bid. of price tag are we expecting or looking at? >> it could be in the billions it would seem. if you're looking at seven times before interest and tax depreciation, that would be a ballpark figure to look at. 02 would cost 9.4 billion pounds. ee, that would be 11 billion pounds. ee is looking more expensive. we know bt is willing to spend this money. have the landline in terms of u.k. coverage. ity were the monopoly when comes to your land lines in your homes. they have a lot of money in broadband and the fiber network. they have a clear winning area. they are fighting big. they have been putting billions into getting the sports rights. that is the future. want mobile is w

deutsche bank chose puna in india for a new operation center.y became resilient, looking at all of their telecommunications and utilities. they beat out every other indian city to get a deutsche bank center because they were more resilient. >> what are you reading? >> i just finished "euphoria." i'm a psychologist. my first year as a graduate student at columbia, i took an anthropology course from margaret mead. she would walk down the center of the aisle with her graduate students trailing behind her carrying her briefcase and walking stick. reading the story of young margaret and her life is really quite extraordinary. >> this book is called "the resilience dividend" by judith rodin. this picture is a cover story of where things went wrong in galveston, texas. what year was that? >> 2011. last house, only house standing. >> how does one house stand? >> the right roof, the right resilience. >> most of the cities are doing that, aren't they? we have to be much more resilient in terms of what we rebuild. >> not only what we rebuild, but how we re

joining us now for analysis, chad morganlander, along with deutsche bank's chief u.s. cnbc contributor, joe lavorgna. he joins us on the news line. joe, we knew there was going to be a big bulge in medical spending in the third quarter. is that what is mainly driving this revision to gdp? >> yes, simon, that's right. it was mostly medical services. but as you know, the overall economy, capital expenditures, consumption of durable goods is doing very well. but, yes, the latest figures were stronger health care expenditures. and that's been a reason why growth through much of this cycle has been weak. we've not had a whole lot of growth in consumer services and fortunately now, simon, that appears to be changing and this is unambiguously good for 2015. >> chad, the consensus in the market is that health care and technology, which is obviously a proxy for this strong business spending, are places to be next year. presumably, you reinforce that sentiment here? >> without a doubt. we find value both within the health care sector as well as within technology. i would suggest

according to a recent study by deutsche bank $60 oil could push the whole sector into distress possibly leading to the default of nearly a third of drillers with lower credit ratings on their debt. this theory could soon be put to the test if we have another down day or two. >> reporter: that's pretty dramatic data. i knew the debt load was bad. i didn't realize it was so bad. one prudent thing to do would be to look at the credit ratings of the oil companies who are borrowing big time to build out new rigs here. you have to look at credit ratings and see how much debt they have on the books. i know ocasus about 47% debt to asset ratio. and continental resources which robert frank talked about in the previous hour, they did something a lot of analysts said was dumb lately. they monetized their hedges for the next three years. they levered them up. this is becoming a debt and not just oil story. >> i think the pile on is appropriate. they made a very bold move. so far it is not looking good. i was on that investor call with harold hamm. he called a bottom in wti crude and took the hedges

deutsche is accused of organizing the scheme in 2000.pokesperson said they settled the issue with the bank in 2009 and said the bank will strongly defend itself against the new claims. >>> now, uber says it has not been notified of a ban in new delhi and continues to operate there. a woman had accused her driver of raping her. the rape allegations are raising questions about the safety of the service. >> reporter: uber has been banned in india's capital, new delhi. authorities say it is because a taxi service did not have the necessary permits to apply in the capital. but now there are other reasons officials are cracking down on uber. on friday night, police say a 26-year-old woman was raped in an uber car. the alleged rapist, now in custody for three days. the incident has shaken the city who is trying to make it safer for women. uber's taxi service was seen as part of the solution. seen as a means of transport it quickly became popular with women across india. uber exists in seven cities making uber india's largest market outside the

. >> people like donny deutsche give him a big w. do we name barak obama with a big asterisk, a winner for the last six of 2014? >> that's a good question. does the last month negate what was a pretty crummy year up to then? >> it was a terrible year, yeah. >> i would say, you know, probably. it depends how enduring these executive actions are. this immigration action infuriates a big victory for obama. who know what is the court system says about it. certainly what the next president does about it. health care reform. this sign up here. no one talks about the seen up here because it's gone smoothly, unlike the last one. but we have a supreme court case down the pike that could negate all of that. the unemployment stuff, you are absolutely right. it has been ticking down, down, down. will we see growth in wages ahead? that's another big measure. it's to be determined. he certainly has got a bit of swagger back. >> what is mildly interesting about the president's last six weeks is you get the sense that he has now gotten over the hurd

. >> this is the deutsche symphony orchestra, one of ten symphony orchestras in the capital. largely because of money that it's caught.to the sim symphonic halts. public subsidies keep germany flourishing, while other countries have been the victim of austerity. east and west germany out-spending each other on concerts and orchestras. >> when germany was unified in 1990, the city was unified as well. all of a sudden there was basically two or sometimes even three if you look at the opera houses of everything. >> this woman's company promotes the careers of young artists who come to berlin. she says it's the ideal place for them to grow as musicians. >> you have the higher education and the possibility of still finding comparatively cheap places to live, comparing london paris or new york. ♪ ♪ ♪ ♪ >> rachel finland is hoping for a break through. the german capital is like what was said of new york. if you can make it here, you can probably make it anywhere. nick spicer, al jazeera berlin. >> hi, i'm lisa fletcher and you're in the stream. out of the box thinkers share their to

the parent company is the giant deutsche telekom, which had extensive business froms in hungary -- interestsn hungary. dozens of journalists declined, including the journalist that wrote the piece that got his editor fired. >> the initial statement denied the dismissal was anything to do with politics. at the same time we had come under intensive pressure, pressure of a political nature. political pressure is not working through former letters or requests on a letterhead. it was an inform at way. you won't notice that your freedom was taken away. the news coverage changed - less edgy, pointier, friendlier to the government, more tabloid focused coverage. >> reporter: rtl, the company that was or was not targeted by the advertising tax has gone in another direction. it was known for its tabloid style heavy on gossip, light on politics. that has changed. after the government announced the advertising tax, the channel began to fight back. not with tech lawyers, but through journalism. >> one thing is true - that we have more politics in the main news, but the reason is mainly because our season

in of the fact germany will testify to this, the republic of germany gave the soviets 55 billion deutsche arks which didn't hurt helping -- acquiescence occasi -- une if unification. to get lot of steps there,dy mroep si led by the resident and taking advantage of a narrow opportunity and getting it done. people wait a minute, talking about this for 40 years. having a chance to implement it, you mean you're not going to do works?o it >> one part of this where jim and i disagreed and he turned out to be right. the 2 plus 4. two -- that's e the two germanys. the plus four were the occupying powers. but for me, three of the four unification?erman i think margaret thatcher said i like germany so much, i think ought to be two of them. some risk but we needed to go worked. d it >> the national security advisor ells the story about having gone to a meeting between cole and thatcher. came out, he said charles, he's just so german. talk for a moment about german" in is "so the best sense of the word. he one who represented the west, chancellor cole. >> if chancellor cole and hasn't been on the sam

deutsche banc, for example, chose puma in india for a new operation center because they became resilient looking at alltel communications, utility, their education and community and beat out every other indian city to get a deutsche banc center because they are more resilient. >> charlie: what are you reading these days? >> i just finished "euphoria" which i loved. i'm a psychologist so lives of anthropologists. my first year in columbia, i took an anthropology course from margaret mead. she was so grand. she would walk down the aisle with students carrying her briefcase and walking stick. so reading the story of margaret and her love and life is extraordinary. >> charlie: "the resilience diviend," by judith rodin, this picture is where things went wrong in galveston, texas, and demolished. >> right. >> charlie: what year. 2011. only house standing. thts a real picture. >> charlie: how does one house stand? >> the right roof, pilings, resilience. >> charlie: this is what you do. >> yep. >> charlie: most to have the cities devastated are doing that, aren't they? aren't they approaching wi

. >> deutsche bank robbed the market with a big report on high yield and oil. one of the authors of the report is one of our guests here. >> thank you very much. >> oil is not the only big story. you have concern about a china slow down. you also have renewed concerns about europe dangling out there. you probably don't watch the greek stock market every day but we do. it is getting crushed this week down double digits in a matter of days. wells fargo funds management and he is with us now. you heard my questions to bob. oil the big thing. it's got to be something else or is it literally just oil? >> earnings expectation has been going pretty flat for the last month or so. the market is up. this is also a classic bull market correction. they seem to come out of nowhere. the market goes down in a day and then moves on. we may be in for a little more rocking before christmas comes along. i don't see the basic fundamentals going away. >> we in the media are occasionally prone to hi burbally and sometimes seek out explanations that are not always there. could it be

. >> this is the deutsche symphony orchestra.ne of seven full-time orchestras in the german capitol. there are three full-time operas. if berlin has caught up to paris and london and new york as music capitols, it's largely because of money. [music] >> public subsidies keep the classical music scene in berlin and the rest of germany flourishing when many countries have slashed spending in the name of austerity. but there is also a quirk of history. berlin was a divided city east and west in the cold war with east and west germany outspending the other on concert halls and orchestras. >> when germany was union need, the city was unified as well, and all of a sudden there was basically two sometimes even three if you look at the opera houses of everything. >> this woman's company promote the careers of young artist who is come to berlin. she said it's the ideal place for them to grow as musicians. >> you have the study, you have the hiver educations, and the acts of orchestra, and you still have ability to find comparatively cheap

donny deutsch, harold ford jr. and sam stein are with us.a thinks this is an invasion of people's privacy. and if we don't -- if everybody's so offended by jennifer lawrence's hacked photos and kate upton's hacked photos and kate upton's boyfriend's hacked photos -- blah -- we shouldn't be showing hacked e-mails. an invasion of privacy. >> i'm with mika. i think if it's a government official, the president of the united states, talking about torture, national security -- >> national security. >> the public has a right to know. i don't know what we gain between seeing personal e-mails. >> what do you think? >> i'm stunned that adults -- at the same time, i wouldn't want people going through my e-mails over the past ten years. i say so many stupid things on air. imagine what i'd say off air or what people say to me. so it -- maybe it is an invasion of privacy. especially since we're doing the bidding of north korea. i mean, come on. >> i think the -- obviously, it's an invasion of privacy. i don't thing we need to show it. i think the lesson,

donny deutsch and richard haas are still with us.alist and ceo of star fish media groups, big pregnancy news. >> we've never met before. >> let me tell you -- >> it's true. twins. >> oh, my gosh. i hurt looking at you but now you look gorgeous. >> as did i. >> we'll talk. >> they've done this before. like if you go back -- i was talking about like whose is the thomas jefferson of cuba, the thomas of jefferson of iraq, average, soledad, i remember back in '96 she was the thomas jefferson of msnbc because every time you turn it on she was sitting there, having herñ-7 coffee, there's the faux brick in the background. >> in '96 i was in san francisco doing a technology show at the start of msnbc. >> the founding mother. >> thanks. >> she doesn't like that. it sounds old. >> when did you leave msnbc?pv@ >> i left msnbc in '99 maybe. >> you got out just in time. >> oh, stop. >> just in time >> you're doing great. >> i covered cuba for msnbc. >> in '98. >> then monica lewinsky showed up and everybody left. >> you covered cuba back when we

down day for the automaker after deutsch cut from a hold to buy, saying u.s. affordability is coming to an inflection point and the analyst points out, quote, ford's new 2015 f-150 power train light weighting and safety technology is one of the early e of the fourth quarter change. we question whether consumers will pay with to $3 gas in a rising rate environment. costs more money, gas is cheaper. why are consumers going to buy this? >> the downgrade might make sense but i think the reasons behind it, pete's an f-150 guy. >> giddy up. >> loyal people out there. they're going to buy f-150s, $8 gas doesn't matter. i would push back on that front. i think the stock flushed in the middle of october. you had a great rally and felt like the mojo was behind it. wave given half of it back. almost exactly half. how do you trade it, trade it against 14 bucks from the long side. the autos might be at the end of their cycle but the stock might be interesting. >> we're in the sixth year of the recovery. >> i am afraid that autos are at the end of their cycle. gm i tried a

deutsche bank made a job with a firm. they have no other function than to receive tax bills they could never pay. >> the duke and duchess of cambridge have attended a basketball game. seats.ple had courtside there was controversy before the game. lebron james, playing for the cleveland cavaliers, had a black warm-up shirt that said, "i wordsbreathe," the last by eric gardner. profits exceeding 1.4 billion pounds. let's bring in charles allie and -- charles allen. it tells you everything you knew to know about this. >> yeah. again. it is not necessarily a huge surprise. food sales are falling 14 months in a row. we know tesco has been at the bottom of the range within the food retail group and they said, in a statement today, they would add stocks. you have sales rising and it is no big surprise that it will be somewhat lower. i think it was not much better than a guess for much people was nott people -- it much better than a guess for most people. one of the eight people suspended is not coming back and you say the change

emergency room doctor jake deutsch says it could be a side benefit of estrogen. >> the female mice whoduce estrogen activate add particular enzyme and that enzyme is able to help them fight infection. >> now doctors do say this revelation could lead to a new immune boosting drug with estrogen for men. >> new tonight a layaway angel stuns holiday shoppers central pennsylvania. a man walked into a store in cumberland county and dropped off a check for $50,000 and that was enough cash to pay off the layaway balances for 100 people. the donor didn't want his name to be revealed. he said he should just be called santa b. >> hm. in weather tonight we have some light rain, we have drizzle, we have fog and that's going to linger at least for the next couple of hours. toward dawn we're going to clear it out but for now temperatures are still very mild across the delaware valley. we're going to start off in pennsylvania where barbara is saying in willow grove not much wind but still seeing the drizzle. the temperature is 45 degrees. to the north of that area, still 45 and irwin is saying in doyl

the fact that in germany will testify to this, the republic of germany gave the soviets 55 billion deutsche marks which didn't hurt helping to get their acquiescence in german unification. there were a lot of obstacles on the way to get there. it really tested diplomacy led by the president and taking advantage of a narrow opportunity and getting it done. some people were against unification but our position was, wait a minute, we have been talking about this for 40 years. now we have a chance to try to implement it. you mean you're not going to do that? >> one part of this where jim and i disagreed and he turned out to be right. and that's the 2 plus 4. i understand that's the two germany's. the plus four were the occupying powers. but for me, three of the four didn't want german unification. i think margaret thatcher said, i like germany so much, i think there ought to be two of them. [laughter] risks but weme needed to go ahead and it worked. >> margaret thatcher's national security advisor tells the story about having gone to a meeting between cole and thatcher. after they came out, she

will attest to this, that the german -- the federal republic of germany gave the soviets 55 billion deutsche marks, which didn't hurt, helping get their acquiescence in german unification. but there were a lot of other -- there were a lot of obstacles along the way to get there, and it was intensive diplomacy led by the president but, again, taking advantage of a very narrow window of opportunity and getting it done. >> you know, some people were against unification, but our position was, wait a minute, we've been talking about this for 40 years. now we have a chance to try and implement it. you mean we're not going to do that? and so it worked. >> i want to tell you one part of this where jim and i disagree and he turned out to be right, and that's the two plus four. i understood the two. that's the two germanys. the plus four were the occupying powers. but for me, three of the four didn't want german -- evaluate his role in the run up to the moment of in the aftermath of the -- >> if chancellor kohl and president bush hadn't been on exactly the same wavelength, german unification would nev

the fact -- and history will attest to -- that the federal republic of germany gave the 55 billion deutsche marks, which didn't hurt helping get the acquiescence. but there were a lot of other were a lot of obstacles along the way to get there. it was intensive diplomacy. by the president, but again, taking advantage of a very narrow window of opportunity and getting it done. you know, some people were against unification. but our position was, wait a minute, we have been talking about this for forty years. now we have a chance to implement it. do mean we are not going to do that? so, it worked. >> i want to tell you one part of this regimen i disagree. he turned out to be right. and that is the 2+4. understood the two -- the two germany's. the plus four were the other powers. believe it was my side who said that i love joni so much, i think there ought to be two of them. [laughter] so there were some risks in but jim said -- we need to go ahead. it worked. >> the national security advisor tells a story about a ving come -- having gone to meeting between call and thatcher -- cole and thatch

there's been a great deutsche bank report saying $60 is a tipping point.t that point that would force about of bs and cccs to restructure which would imply a default rate. that's scary stuff. >> it goes beyond the energy space, though. a lot of not always high yield but these bonds have been used to buy back stocks so exactly what dan was talking about. so when that game ends, when the financial engineering ends then you don't have to earnings per share growth. the markets cared about earnings per share growth, not revenue growth, and that's why every equity player like dan was saying, they are all looking at this high-yield space and it is a little scary because there aren't many bids out there. >>> let's hit unusual activity outside of the oil. pete is looking at cyprus semiconductor. >> this company went through this merger and when you look at the stock it's run from $10 to $ $is.5. you look at the january 14 calls, 26,000 of these traded today in a big chunk, a couple chunks, 45 cents, by the end of the day over 35,000 traded. huge calls versus puts t

this is barclays and deutsche bank. we do not know whether the algorithms on either side are talking to each other and this comes on the heels of a big investigation on currency rigging. a billion-dollar settlement they had a couple of where six of the biggest banks made the settlement. we do know the shop has installed something to monitor how the algorithms work and want to do the same thing. ands a remarkable story gets the idea that the currency trading and rigging is being done at a systematic and systemic level. new york which up here in a little bit and we will be comment from everyone involved. >> great work. we will move and talk retail now. the profit growth is minimal. what are the takeaways. i'm looking at a stock price that does not reflect minimal profit rises. factorit is up and you in that sales are going well. and itng the money home is not looking quite as weighty on your bottom line. the decrease is the share. added 3est prices have billion euros to their market cap. if you dig into them, they are bei

. >> german investigators have cleared deutsche bank ceo of manipulating interest rates.many's banking and markets regulators found no evidence that any management board member knew about or participated in libor rigging. >> founders are cutting their holdings in an indian based company. is set tosale which be worth around $1 billion comes four months after the company appointed its first non-founder ceo. the executive is trying to boost property margins -- profit margins and revise sales growth. >> coming up, alarm bells for aid. -- for abe. new data shows that recession is deeper than previous estimates. we will discuss the implications, next. ♪ . ." welcome back to "the pulse i am francine lacqua. >> i am guy johnson. >> china's surplus grows to record as oil price contributes. will chinese as towards rose 4% from the previous year and asked force arose leading to a trade surplus over $54 billion. >> the former leader of the scottish party will try to win a seat in the general election in may. the first minister resigned after losing the referendum. theank of -- warned

jake deutsche says it could be a side benefit estrogen. >> the female mice who produced estrogen activatedd particular enzyme and that enzyme was able to help them fight infection. >> doctors say the revelation could lead to new immune boosting drugs with estrogen for men. >> if you're looking for a heart healthy workout give yoga a try. a review of 40 studies found yoga may provide the same benefits aerobic exercise when it comes to lowering the risk of heart disease. researchers think that it could be related to yoga's ability to reduce stress. >> new at 11:00 o'clock a lay away angel stuns holiday shoppers in central pa. >> a man walked into a store in comer land county and dropped off a check for fiftieths san dollars. and that was enough money to pay off the lay away balances for 100 people. the donor didn't want his name to be revealed. he said he should just be called santa b. >>> you can help make the holidays bright for kids a reminder our joy of sharing campaign is now underway. all you have to do is buy a new unwrapped toy and drop it off here at our studios this friday, 1555 h