we're taking a closer look at that. >> jamie dimond wasn't a senator or governor, huh? >> what are you insinuating? >> carl icahn owns a large stake in apple. we'll get his take on apple and why he's now taking to twitter to announce his investments. >> he's a big fan of twitter. then the ymca song could lead to a change in recording rights. the police officer of village people just won back the rights to the song. how much money is on the line? we'll ask him live on "closing bell." . >>> welcome back. dow is higher six out of seven days. seema breaks down the big movers. >> as the dow sit on a triple digit gain, take a look at top performer, ibm up 2%, outperforming its peers in the large cap tech space. facebook is another big winner, hitting an all-time high. mark zuckerberg's fireside catch tonight at tech crunch conference tonight. on the downside, netflix shares under pressure. btig analyst rich greenfield downgrading from new tal to buy citing valuation concerns. shares have gained 200% just this year. apple getting slammed after unveiling two new iphones. the 5c

. >> jamie dimond. >> everything. now -- >> neil: that is the guy that had a disney fast pass to the oval office and he started criticizing them. >> you have to hold you nose with this one. >> neil: benstein, you don't have to be in the black helicopter crowd to connect some dots here. texas, dare start a voter i.d. law. then a quick lawsuit. arizona, you know, says it's tired of the fed incompetent illegal immigrant crackdown. crackdown on their own and they get a lawsuit. it seems to be a pattern. >> to the administration and eric holder who i think of, as the minister of fear, the lawsuit is the punch in the brass knuckles and the shiv of what the chicago mafia would have done. if they don't do anything they don't like, wham, they hit them with the lawsuit. the government has lawyers, a lot of time on their hands. and wham, they hit them with a lawsuit. a lawsuit is a nightmare. and yes, i absolutely believe all the rating agencies screwed up. i absolutely find it extremely odd this is the one they went after. as y

ceo jamie dimond met for the role in the collapse. for more stories that matter, give me 60 seconds on the clock. it's "money time." >> illegal immigration is on the rise after falling during the recession. the attraction? low wage jobs are added. there is also optimism that congress will reform immigration. >>> more happy housing news. home prices jumped 12.4% from a year ago. with rising mortgage rates, new home sales climbed 8% in august. >>> apple hits a high and blackberry a low. 9 million iphone s sold in the first weekend. blackberry shares will not be around much longer. five years ago, blackberry had more than half the smartphone market. today? 2%. >>> chrysler is going public. the automaker filed for an ipo. it has made a comeback since going bankrupt in 2009. >>> french fries that might not make you fat. satisfries. the catch? they are slightly priceyer than the original. >>> forget next week or next year. education secretary arne down c duncan is talking about crisis abouted education. >> i worry what south korea is doing.

even making them shrink in size and by reducing the function, but reducing the principal as jamie dimondointed out, one reason the banks got bigger is they started asking bank of america and wells fargo can you buy this bank because we didn't want to let it go. they said they had a legitimate complaint. but we did pressure them to buy their merrill lynch. money answer is this i don't think it is the problem. the argument is we have to much political pressure to anybody that thinks the banks have a lot of political clout didn't watch our legislation. on every issue when there was a dispute between the smaller banks and big banks the smaller banks one. we changed the deposit insurance assessments so the smaller banks and the bigger banks. from this efp we increased the deposit insurance from 100 to 250. i know people have this about the concern in general but i'm not persuaded that the size of the banks alone is the problem. >> by every that my focus right now is on other issues. there are issues of the banks and it's a complicated organization as etc., etc.. but i take the view that there