dick: right. live, in the moment, this amazing thing i am watching right now, live broadcasting, live video, are going to be the future of the platform. i really think that is the future of the platform. emily: they used to be more concerned about how twitter was going to make money. now it is pretty good at making money. dick: in 2009, 2010, 2011, yeah, it is an amazing platform, there is no way you will ever make it. but that is not a concern. i think we did a really good job proving that wrong. emily: now the concern is about user growth and product innovation. what are you doing to improve the core user experience? dick: for example, when you come to the platform now, and sign up for an account, you no longer have to find 80, 90 accounts to get a great twitter experience. we deliver you what we call an instant timeline of 70, 80, 90 accounts that we think are super high value based on where you are, the things you have said you are interested in. we make it that simple, when you come to the pl

dick: not at all. when i was growing up in detroit i was very much, i was kind of, i just took life as it happened. most of my family was in the automobile industry. my dad worked for pontiac. my mom worked for ford. my dad's dad worked for chrysler. i only applied to university of michigan. i didn't go look at schools. when people say, what happened if you weren't going to michigan -- that implies i had some sort of strategy. emily: luckily you got in. dick: my dad did get me a -- when i was 14 or 15 one of the early radioshack trs model 80 computers. i learned to program in basic. by the time i went to michigan, i did know i'm going to study commuter science. i didn't know what to do beyond that. emily: when you got to university of michigan, you took theater classes on the side. dick: i had like eight arts credits. i thought, what is the thing i can take that will be the least amount of homework so i can focus on my operating systems class? i figured acting. i will show up and say some lines. coinci

dick: no, not at all.hen i was growing up in detroit, i was very much -- i was kind of -- i really just took life as it happened. most of my family and extended family was in the automobile industry. my dad worked for pontiac. my uncle worked for ford. on and on. my dad's dad worked for chrysler. i only applied to university of michigan. i didn't go look at schools. when people say now, what were you going to do if you did not get into michigan, like -- that implies i had some sort of strategy around it all. i didn't. emily: luckily you got in. dick: luckily i got in. my dad did get me a -- when i was i guess 14 or 15 one of the early radioshack trs model 80 computers. i learned to program in basic. by the time i went to michigan, i did know i am definitely going to study computer science. but i didn't know what to do beyond that. emily: when you got to university of michigan, you took theater classes on the side. dick: my senior year, i had like eight arts credits that i needed to get. i thought, what is

dick: i don't know. can't ever say to yourself this is the exact team for the next n months or years. you have to be evaluating things constantly. what you cannot do is leave the pitcher in too long. i think you always have the be evaluating whether this is the right team for this moment. emily: how does not being a founder affect your ability to lead? ♪ emily: we mentioned the guys in the front row at the improv comedy shows saying, you suck. dick: heckling you. not just you suck, get off. keeping in mind that was three minutes into a one hour show. emily: in one of the most high profile and scrutinized jobs in the world, some people say -- dick: you suck, get off. emily: exactly. [laughter] dick: i say i have heard that before, it was a known australian accent, though. emily: how do you deal with that ? how does your team deal with that? and how do you, as a person, deal with that, when people say you should be fired? dick: i got invited to something a couple of years ago. my daughter said, you should

dick: this happens to me. will see something that has been publicly broadcast and we want to have a private conversation. one thing i am excited about, super extraordinarily excited about, it is so easy. it will open up all these remarkable avenues for people to feel like they are teleporting into a moment across the world. the longform possibilities are limitless. the short form possibilities. think about ferguson, occupy central, the plane in the hudson as now being a live broadcast. it will be extraordinary, super fun, and develop new medias for performers, shows, content. i think it will change the entire media landscape. emily: by some measures, instagram is bigger than twitter. why should wall street believe this is not a plateau? dick: we at the company believe in twitter. emily: why is it hard to find the right product team? dick: it is important for me to be thinking about whether this is the right team for the company right now. i tell my managers, your job is to improve your team, not defend your te

i think dick is an honest guy.hink that maybe what happened to him is that the firm got so big, so quickly, that things got away from him. he was after all, one of the greatest risk managers on the street. he was a trader. but then it's sometimes good to be king and things get away from you. having spoke ton a board member on the board of morgan stanley at the time they were going through their issues, they were, they had some, a lot of the same issues. they had no idea according to this individual, what they owned. what their liabilities were. the government stepped in. look at vikram pandit. he came from running a mediocre hedge fund to running the biggest bank net world at the time. he didn't do things right. ken lewis, the fed twisted his arm to buy, to make purchases which are still paying for today. so nobody is blameless, i would say that alan greenspan is not blameless, he's charged with having kept monetary policy to accommodative. to speak with larry spoke to the seminal event for lehman was buying archst

--dick.dow banking killing regular banks and they are not revenue generating and the fines are coming day after day. in addition to the fines, think about the added compliance and outside lawyers. that these banks need to have full-time, long-term and it's killing them. erik: if you look at the e-mails that these banks have exchanged over things like liibor and the foreign exchange market, you knew something like this was coming. stephanie: i had dinner with a bank traitor of the weekend who said my biggest issue is not making money, he says every dollar i make who knows where goes? the amount of costs embedded in banks are killing guys that don't want to be in those seats. erik: we have more breaking news -- julie: comcast is naming michael j cavanagh as a senior vice president and chief financial officer will join the company early this summer from the carlyle group. they need to fill the cfo because the former cfo is departing to create a new company with comcast to focus on growth busines

and then i talked to -- i tried to get dick to come in, dick gephardt to come in and meet with us and so we could finalize this. it went on week after week after week. and he was campaigning. he was trying to run for speaker of the house at that time. and so it was an election year. and so finally i got him on the phone, and i said, well, let`s just make a decision over the phone. i had these three candidates down to the fellow who was the swedish covenant minister... c-span: dr. dvorak. >> guest: dvorak. c-span: dvorak, yeah. >> guest: dvorak, and then we had o`brien, and then we had wright. and i said, dick and i have talked about it; we kind of like wright. and he says, well, i kind of like dvorak. he was my choice. and he said, let me -- i`m not going to do that right now, let me get back to my people. i`ll call you back. well, a couple of days later, he called me back and said, well, my people think we ought to go with -- dick did that, he never made a decision on the spot, he always went back to counsel or to his folks, people who he talked to, and he said they like o`brien, the

pimm: dick fuld has been rarely seen for seven years. the former lehman brothers chief executive has been blamed for the investment bank's collapse. fuld is speaking today and we have details. stephanie: what is behind the glut of new tv shows this year? there are hundreds of them and not enough time or viewers to watch. pimm: good afternoon. i am pimm fox. stephanie: i am stephanie ruhle. we're going to get you started on a look at the markets. stocks are falling from your records after greece said it was nearing a deal with creditors. oil and gold. oil is officially feeling losses after a government report showing u.s. crude stockpile decline for a fourth straight week. pimm: let's take a look at the fixed income market. the 10 year at 214. 2.89%.ld at the 30 year, prices being bid higher. a look at the currencies and see how the dollar is showing strength against the euro. 1.09. bit strength -- big strength against the japanese yen. some of the top stories crossing the terminal at this hour. there has never been a bigger deal in the t

dick a lot. he's not a bad guy. it's over the top to blame him for lehman when there was a lot of other stuff going on at lehman. he was the guy at the top but other people running the management day to day that screwed up. the general consensus, that speech was a flop. did not answer the question, did not give us insight into what went down in lehman. he went out there and it was like a perfect storm that killed the company. which it wasn't. the company invested in bad real estate deals and didn't diversify enough and leveraged too high, and the problem for that was not just him but others, but he was part of that. it was bad risk management and that destroyed lehman. the other thing that hurts him coming out of that conference yesterday was that it is now clear that dick fuld is not part of the wall street mainstream. that event he was at was put on by a penny stock operators, penny stocks are stocks that trade below $5 a share, extremely risky, trade on the pink sheets over the counter, they d

dick fuld, in that story dick fuld faces pending regulatory investigations by the sec, securities and exchange commission and elsewhere. for him to talk about it would have been problematic. he did speak about stuff about lehman, he defended his tenure there said lehman wasn't bankrupt. that is something dick fuld believes and believed for a long time. he believes lehman fell victim to liquidity squeeze, if the panic didn't happen and the government then the treasury secretary helped bail lehman out lehman would be in business today. he blames the regulators. he did a little bit about lehman and his new business. let's be honest part of my story on foxbusiness.com. dick fuld has gone from wall street royalty which is what he was at lehman one of the biggest investment banks to a penny stock guy. that's what he does right now. gets involved in very small deals. they call them microcap companies that's what the conference was a microcap conference. the bottom line is that's the arena he's in, and a risky arena, a lot of the deals are risky companies don't make it. some of them are fraud

he lives right next door to the house where dick and jody vilardo were found murdered on wednesday. >> a detective remembered tomaszewski a second time at the home 17 years ago. only the that detective spoke to shomari stone. >> i'm not retired. i'm still working. >> the retired montgomery police sergeant helped make an arrest in the high profile double murder case of dick and jody vilardo. >> i can't turn off the desire to help my community. >> reporter: in 1998 he investigated a burglary and house fire at the vilardo's home on ridge drive. scott tom zoo us isky was a neighbor house sitting for them at the time. at one point he was a possible suspect but he provided information that helped police make an arrest. then last april, investigators say there was another burglary across the street from the vilardos. police say tomaszewski pawned some of the stolen items. price said he saw a possible

. >> it is like a (bleep) -- >> my dick is like a clown in that it is responsible for having several people in the crawlspace under my house. >> chris: yes. yes i accept your applause. >> it is like a clown, it is supposed to be fun but it is really horrifying. >> my dick is like a clown and it throws things in parades that children can choke on.

hey, we saw it with dick fuld today coming back out.ve both of you, paul, phil, thank you so much. david? >> thank you. david: well, not buying renewable energy, exxon ceo mincing no words about why he is not putting carbon haters on his board. >>> and dÉjÀ vu allover again, one -- all over again, one big money investor says subprime very different now and could be a good bet. don't go anywhere, we'll be right back. if you're an adult with type 2 diabetes and your a1c is not at goal with certain diabetes pills or daily insulin, your doctor may be talking about adding medication to help lower your a1c. ask your doctor if adding once-a-week tanzeum is right for you. once-a-week tanzeum is an injectable prescription medicine that may improve blood sugar in adults with type 2 diabetes, along with diet and exercise. once-a-week tanzeum works by helping your body release its own natural insulin when it's needed. tanzeum is not recommended as the first medicine to treat diabetes or in people with severe stomach or intestinal problems. tanzeum

dick cole turns 100 years young this september.sergeant david thatcher are the two surviving raiders of the 80 through the mission on 18 april, 1942. you can be assured that the doolittle raiders those two that survived are extremely grateful for this prestigious honor the stowed upon the raiders by our united states congress. thank you very much. let's play the video. [video clip] >> my name is lieutenant richard cole. along with sergeant david m thatcher, we are today the only surviving doolittle tokyo raiders. we want to thank congress for an acting and presenting the congressional gold medal to the tokyo raiders this day, april the 15th 2015. on behalf of our 78 fallen raiders who we proudly served with on this famous raid, we are honored to accept this prestigious and most appreciated award. we have asked the museum to display our congressional gold medal in the doolittle exhibit as part of our history along with 80 silver goblets for all visitors to enjoy. [applause] >> ladies and gentlemen, please be seated. ladies and gentl

[laughter] it is hard to say which dick joke is better than another dick joke. emily: that is one of the most talked about moments of season one. i feel like it is indicative of how you put the show together because it is technically correct. will correct. you did a lot of research on the technical part of things. tell me how that came to be. alec: when mike and i first talked about working on the show, what we said is that what we hate are technically incorrect jokes, so we said that -- we vowed from that point forward, if we do dick jokes, they are going to be technically correct. they may not be funny, but they will be technically correct. so far i think we have stayed with that. emily: mike, you are an engineer. you worked in silicon valley yourself. you know about this world. mike: i have fun on that one. we actually, believe it or not, this guy who got his phd after we finished season one was the compression consultant. we asked him, for that dick joke -- we have a lot of technical stuff about the various angles. he went to town on this. it came out of one

dick: i don't think we lost credibility.e have been very forthright on all of our calls and investors with what is happening, what we're doing and how we think about things over the long-term. you have to have a long-term plan and stay focused on executing it. if you start trying to constantly over correct and you have to do this crazy thing in the next few weeks that is going to take us off of our long-term plan but get us to tuesday, i just think that is where you lose your weight and that is where people -- your way and that is where people think you are not focused on the long-term or strategic plan for the company. that is no way to run a business, so we have a strategy, we are sticking to the strategy, we like the strategy. everyone is on a needed to the board, to my leadership team -- they are all behind it, focused on the same thing can we have to keep investing on it. >> do you feel any pressure as ceo? dick: if anyone tells you the ceo of a company with any number of investors, private or public, that says they don

we'll be back talking with twitter ceo dick costolo. that is next. ♪ emily: this is "bloomberg west." i'm emily chang. bloomberg television recently premiered season two of "studio 1.0." my first guest this season was twitter ceo dick costolo. we talked about his improve comedy training and how it prepared him for wall street. his relationship with twitter's cofounders, and how he deals with the skeptics who say he should be fired. here is a bit from that interview. how do you and your team deal with that? how do you as a person do with that, when people say you should be fired? dick: i was invited to something a couple years ago, and my daughter said you should totally go to that. i said i don't think i will go because i got invited to it because of what i am, not who i am. i got invited because i was the twitter ceo, not because i'm dick costolo. i have never paid too much attention to the ceo of the year stuff because the worst ceo of the year stuff is right around the corner. i therefore don't get worked up or frankly care too much

the home of dick and jodi vallardo. you can see the second police cruiser, that is where the suspect lived. his name is scott tomsuski. police say he cut the window screen and entered their home and attacked dick and jodi vallardo on mother's day. detectives found tomsuski on a family trip in always always based on a 1998 burglary. >> he first came to our attention because of a retired officer that called in, immediately after he had seen the coverage of the homicide on mother's day. >> reporter: and that tip led police to close this case. police also found tomsuski's info at a recent pawn shop. he pawned some items from a burglary back on easter. delia goncalves, wusa9. >>> he is already spending life plus 215 years in jail for sexually abusing a young boy. today a howard county man receives another sentence for another boy. dean lee bender will be sentenced on three counts. >>> drivers campaigning against enormous hot lanes fines are hoping for another court victory. lisa commerce was fined more than $10,000 back in t

pimm: that was the former time warner chairman and chief executive dick parsons. coming up, spirit sales are surging. i will take a look at the $20 billion industry and wife barb patrons are spending big bucks on our to settle -- on artisanal cocktails. ♪ pimm: welcome back to "bloomberg market day." foreuropean markets closed a few months ago so let's go to john ferro in london. equities were lower through much of the session across mainland europe. 1/3 of 1%.down by the ftse 100 is down by one quarter of 1%. when china cuts rates committee would expect a bounce across the european industries -- indices but not so this morning. the miners were the biggest gainers in china is the biggest consumer of commodities and they are getting the bounce. i'm looking at fixed income. a huge gyration last week. up by five basis points and day and, it's groundhog running out of money but it looks like the tone is improving between greece and its creditors. it is off session highs come up 23 session points. fx market, a weaker euro is the story for a third straight day. sub $1.1

erik: we know what dick fuld is doing.ill: the used to have his attorney who would take all of the calls and then say no he will not talk to you. his attorney retired so now he has no one playing that role. , he made your piece half $1 billion in about seven , if this guy has so much money, why is he going to come out again? why not just buy an island somewhere and just without the rest of your life? bill: i think this is about redemption. he was viewed as the villain of this crisis. the man who caused it all and i think he is trying to -- erik: the most important question of all for these people. for folks like dick fuld who were near or at the top of wall street, it is an existential question, is there redemption? i was looking at the list of the former members of lehman brothers executive committee and i could find only two who have kind of found redemption on wall street are you michael gelfand now runs fixed income at millennium. not a bad place to be. tom russo is the general counsel at aig. everybody else has been s

dick and jody are a warm and loving couple. they said they can't imagine or know of anyone who would want to hurt them. neighbors who we have been talking around here say the same thing. they say this is a very quiet neighborhood. everyone looks out for each other and they can't imagine that this would happen to this sweet couple especially on mother's day. we're awaiting another update from montgomery county police. as soon as we get that, we'll pass it along you to. live in rockville, i'm nikki burdine, wusa9. >>> like we were saying last week, the rangers are not a team you want to hang around. that's what the caps seep to be letting them do. -- seem to be letting them do the caps are heading to a game seven against the rangers wednesday night in new york. the rangers got out to an early 4-1 lead yesterday. washington tried to respond. they scored two goals to make it interesting at least but could not get a game-tying goal so wednesday's winner again keep in mind goes to the eastern conference finals. it would be the first

dick's just outside the house. neighbors worried they were targeted. neighbors tell us they returned home from a west virginia casino saturday night. police believe the killer entered the house through an open window. >> it is not very comforting to have the police tell you we don't think you need to worry. anybody who is living here and your neighbors have been killed you're worried. >> reporter: they had two adult children work the grandkids. they were known for their work at the children's inn. a place for sick children. tonight officials released a written statement saying the children's inn is deeply saddened by the recent loss of our dear friends and supporters jody and dick vilardo. they were involved with the inn for more than 15 years. they were the most kind and generous people. always giving of their time and resources. and tonight, many neighbors have walked up to me and said do you think this is random? were the victims targeted? well detectives are supposed to release more information tomorrow and they will continue to investigate montgom

." >>> it's the words dick fold just can't seem to say. ♪ i'm sorry ♪ so sorry >> a dick fold manageddig himself a bigger hole. >>> plus, could go pro be making a fatal mistake by doubling down on hardware? the word from ceo dick woodman when "fast" returns. is in the us, three in ten college students drop out. but how can you spot who's at risk? the one who lives far from campus? the one who works the night shift? the one with new responsibilities? one thing can't tell you, but the right combination can. universities are using ibm analytics to understand pressures in and out of the classroom- some expect to cut dropout rates by twenty-five percent. ibm analytics is working to make education smarter every day. . >>> go pro is announcing drones at the cop for instance. josh is live at the conference, hi, josh. >> go pro skeptics have long argued that the camera maker is a one trick pony. ceo nick woodman is working hard to change that. here he did introduce two new products. one is the go pro drone that will launch in the first half of next year. woodman said go pro cameras and drones

dick fuld can't talk too much about lehman brothers. a story about a suspicious deal he was involved. in a penny stock deal or small-cap stock deal. i looked at his brokerage records, his brokerage records say pending investigations continue into his role in lehman's collapse by the securities and exchange commission, by the new jersey department of securities. he still faces some potential regulatory issue, and when you face a regulatory issue like that, he also has civil lawsuits outstanding. you have a problem. you cannot say anything. he went up there, made a few benign remarks about lehman. he said it wasn't bankruptcy. it wasn't bankrupt in the typical sense, which is his theme since 2008. we suffered from a short-term liquidity squeeze. if the treasury secretary at the time didn't pick winners and loser, chose to bail out goldman, not us, we would still be in business. he danced around that at conference. we should point out, what the story talks about beside the tragedy in the deal, one man involved in the deal as we were report

"the dick van dyke show" >> "the dick van dyke show" >> jimmy: the mustache seems out of place to me.doing that tv series. >> jimmy: matlock -- not matlock. >> i did one. you probably did too. >> jimmy: you did matlock? >> everybody did. they gist won't admit it. >> jimmy: what happened to you on matlock? >> i was a witness in a murder case. >> jimmy: oh, you were. okay. wow. >> i had this, like, so mid-atlantic accent. i think my high school teacher said if i didn't get rid of my cleveland accent, i would never get an acting job. this was like my first job. i said, i think it's her! i remember -- somebody said it to me on youtube. i was like, what am i doing. i'm like madonna during her english period, you know? although i am married to a brit. so i have a little bit of an excuse. >> jimmy: back then no excuse at all. wow. that's interesting. i'm going to youtube that myself. >> i should never have said anything. >> jimmy: i heard that you have an interesting fan. a fan in space in fact. >> this is one of the wonderful things about being in this business. i just feel lucky i have a j

dick and jody vilardo, murdered at their rockville home on mother's day. the weapon believed to be some sort of knife or sharp instrument. they were discovered by one of their children after the couple missed a family gathering on mother's day morning. >> when the worst things happen to the best people, it just makes you sick. >> reporter: that's steve fairbanks a friend and business partner of dick vilardo. i talked to him today. >> it's important to find the person responsible? >> yes, it it is. you know, we are heart broken and every day that goes by probably makes it just a little bit worse not knowing what happened to my friend and his wonderful wife. >> reporter: montgomery county police have been work this case round the clock. >> the effort has not stopped since sunday afternoon. we're using every bit of energy and all of the resources that we have to bring this to closure. >> reporter: now, dick and dodi dodiville lard doe were strong supporters of the children's nih. in their memory a fund has been set up for the children. back to you. >> vikings

not because i'm dick costolo. have never paid too much attention to the ceo of the year stuff because the worst ceo of the year stuff is right around the corner. i therefore don't get worked up or frankly care too much when people say those things. in fact, i have had to make myself kerala but about them only after i started realizing oh, it could affect recruiting if people started thinking, i want to go to twitter but what if dick is not there tomorrow and everything changes? so i have to pay attention to that and say that is not the case. emily: how does not being a founder affect your ability to lead? >> jack dorsey could be here and ask him what he was thinking about when he invented twitter. you can't ask me that same question because my answer is i didn't invent twitter. you can be a non-founder c.e.o. and have real, thoughtful opinions and even certainty about where something needs to be taken that is helpful to the company. i can tell you, when jack saw vine and loved it and knew it was right right away a

kevin: accused of murdering his neighbors, dick and jodi vallarta. police say he then stole pricey items, including a rolex watch worth $7,000. >> these folks worked 24/7. kevin: officers arrested him in juneau alaska. he was on a cruise with his family. detectives say they found blood-stained money while searching his room on the coral princess. >> even if you gave a reason would it make sense? kevin: neighbors described him as strange and antisocial. the 2002 will do in high school grad was still living at home with his mom and dad. it's unclear if he had a job. >> the fact that this individual committed such a brutal crime and have no emotions when apprehended is just incomprehensible. >> you start questioning everything, your security, your safety. we've got a protection dog on order now. when do you stop? kevin: scott tomaszewski was on the cruise with his mother, father, and younger sister. they were getting ready to go on a whale watching excursion when police arrested him. during a sitdown interview detectives say tomaszewski admitted to both