eliot spitzer joining us. good morning elliott. >> good morning. i am honored by that introduction. >> bill: there you go. >> it there is a god of second chances, i guess? ? >> this is south caroline so who knows what to make of it. right? i couldn't say that. >> that's not fair. i think the good news in that race is that it was a lot closer than we thought his sxwnths will be known he beat stephen colbert's sister. redemption is good. i suppose that is a good strand in our society as well. who knows what it stands for? >> bill: but it also shows, i think, that it the government spending, the tea party argument, there are parts of the argument where that is the dominant issue no matter what else is out there, you know. he turned it into a -- he wasn't running against her. he was running against nancy pelosi, you know, which is ridiculous but it worked. >> it we have seen over the past couple of years, frustrating as it has been, the rational discourse simply doesn't persuade people who want nothing more than to/and use the -- i mean, the government

coming up, we'll hear from a former attorney general and governor, eliot spitzer, who's had some prettyh wall street firms. what does he think of this? but more importantly, why? ♪ ♪ thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with tt: you're history. instead of looking behin.. delta is looking beyond. 80 thousand of us investing billions... in everything from the bt experiences below... to the finest comforts above. we're not simply saluting histor.. we're making it. .. [ male announcer ] at his current pace, bob will retire when he's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on hisortfolio. and with some planning and effort, hopelly bob can rere at a more appropriatage. it's not rocket science. it's just common sense. from td ameritrade. liz: david asman joining me. we're less than two minutes away from the closing bell. let's get to nicole because home depot, a

joining me tonight, eliot spitzer.ial services committee, i have covered them before and you had run-ins with them. >> indeed i have. >> this is not the most shocking thing. nrs. >> no, this is par for the course. there is a degree of transparency here. the committee has corrected grammar, not passing substantive laws. i have to tell you this quick vignette. when i was attorney general we were making cases against wall street. house financial services committee passed a billen by by morgan stanley. they took away information from my office to take away from the banks. it wasn't x, y or z, it was just get this guy out of our turf. it was written by morgan stanley, passed by house financial services. this is insane. >> here is citigroup's response. citi has taken a lead role to find a common sense solution. they don't like the regular lugs. the result of this club racing, i love that word, the result of this collaboration is allowing to an approach to the transaction -- >> they are right. this is a good thing because we

former new york governor, eliot spitzer in a exclusive fox business interview. with when you were attorney general talking about corporate governance and leadership as well. >> right. liz: does jamie dimon doesn't deserve the job or splitting chairman and ceo role helps the company? >> my view it helps the company. jamie dimon is superb ceo. i will credit him for that. i respect about the job he done and disagree with fundamental decisions he made. that aside this isn't about jamie, understanding too much power aggregated in the ceo position permits the ceo to dominate the board and the board of directors is only check we have on the ceo. shareholder votes, really are meaningless in corporate democracy these days. the metaphor i use if thomas jefferson were acknowledged to be the president we ever had we still would not eliminate the supreme court and congress. checks and balances is structurally important. we need somebody there as an alternative set of eyes, the board of directors and chairman. board, chairwoman, should be there abuse their primary responsibil

melissa: i like eliot spitzer better.conds. >> look at the pictures. >> i haven't. melissa: we will see you back your tomorrow. "the willis report" is next. gerri: hello, everybody, i am gerri willis. tonight on "the willis report." a top irs official takes the fifth and denied misleading congress. >> i have not done anything wrong. >gerri: watch out, your cell phones tracking your every move. and our series of special reports on your medical privacy. the big business trading your medical records. we are watching out for you tonight on "the willis report."

with the man who's on top of all of it, former governor eliot spitzer joining us for his wednesday visitiot, good morning. >> good morning bill. is it getting earlier every wednesday or am i getting earlier? >> bill: it seems like it, doesn't it? as a former governor, i want to get your quick take. we've been talking about they're going to rebuild down in oklahoma. should there be any maybe tightening of the building codes to be sure there are safe rooms or basements in every new building down there? >> you know, it certainly seems so. the first reaction after the tragedy is obviously mourning and you do everything you can just to rescue those who are there and then the next stage is to look back and say what should have been done differently. and one of the things that's coming out and i guess we're all reading the same articles is a lot of the schools did not have the safe rooms and this is a tornado zone where they know they're going to be hit every year with tornadoes. it makes sense to build the safe rooms. like bomb shelters and find security. so one would certainly hope when they

eliot spitzer is next. >> radio meets television, "the bill press show," now on current tv. audience for the visual candy. just be grateful current tv does not come in smellivision. the sweatshirt is nice and all but i could use a golden lasso. (vo) only on current tv. this show is about analyzing criticizing, and holding policy to the fire. are you encouraged by what you heard the president say the other night? is this personal or is it political? a lot of my work happens by doing the things that i am given to doing anyway. staying in tough with everything that is going on politically and putting my own nuance on it. not only does senator rubio just care about rich people but somehow he thinks raising the minimum wage is a bad idea for the middle class. but we do care about them, right? vo: the war room tonight at 6 eastern current tv is the place for true stories. with award winning documentaries that take you inside the headlines. real, gripping, current. documentaries... on current tv. >> chatting with you live at current.com/billpress. this is "the bill press show," liv

if c-span could have eliot spitzer on, he could enlighten you. if you look at his case he has been investigating and bringing charges against a very well -oiled businessman on long island who had been contributing large sums of money to john mccain, president george bush, and the i.r.s. agent that was affiliated with the same government officials that he had been scrutinizing and bringing charges against, it was only months after that that he had been taken out by an i.r.s. agent which was well connected to this man, this developer. and bank ster in that matter. the pardon fred fielding got the man a pardon on christmas eve and george bush revoked the pardon because it was so obvious that it was a pay for play scandal. and if you look at what took out eliot spitzer you will see the same abuses. and this came from the president. so i hope if you have any connections to any true investigative journalists that they would take a look at that. and perhaps c-span would have eliot spitzer on to discuss this case. host: i understand that he is a frequent

you find out here when former eliot spitzer joins us on the "full-court press." good morning governor. >> i am sitting here in shock. i hope that's not the first question you ask. >> i am sitting at the briefing what would eliot say? always good to get your take on the events of the day of the let's start with benghazi. have the republicans finally run out of gas on this thing? >> i certainly hope so. i think that the president was very effective in his comments the other day, almost differentiating say you got me on two others but not on this one. you know, telling the republicans focus on the ones that matter but benghazi i think and i hope has run out of steam. david brooks had a fascinating column in "the new york times" defending the focal points of republican attacks. david brooks, the conservative columnist for the times saying guys, you are making something out of absolutely nothing here on the substantive lefshlings i don't think there was gamesmanship there. there is nothing there. >> right. i read that it looks column and i thought i hope john boehner a

dennis: the highest is pounded down look at eliot spitzer of hank greenberg with aig that case ver wente but they got rid of him than the company went into the trash. teasing sec officials are driven by people are being hurt or what good headlines to build my career? >> i mentioned this before there are good people and bad people in every place but there are enough in the justice department letter therefore career purposes. wes justice but could i get the seven figure whe-collar job for what is my next political office to make sure that what i need to get them. dennis: nothing like to make up for a birdie made off. vague subpoena steve cohen but i hear when u subpoena the main target that may mean he is nnt the main target when you had your unfortunate incident did they subpoena you or get them around you to tattle? >> i was almost the were more after my boss but it was more way to doubt. i think the government is playingivide and conquer hoping they can g somebody to fp i guess the people at sec that we all nee to hang together or hang separately so there is a lot of things the air and

which come back would you dislike mark #-number-sign anthony weiner or eliot spitzer? eliot spitz better. @e have about fe seconds. >> look at the pictures. >> i haven't. melissa: we will see you back a paid advertisement for starvista entertainment and time life's music collection. these are songs about real life... songs about love... songthat come straight from the heart. ♪ here you come again ♪ ♪ juswhen i've begun to get myself together ♪ ♪ oh, baby, i'm gonna love you forever ♪ ♪ ♪ forever and ever, amen ♪ mama, he's crazy ♪ crazy over me ♪ just the good ol' boys ♪ never meaning no harm

mark sanford is now a congressman paving the way for other fill land dering politicians, like eliot spitzer, and much more. celebrity chef art smith is here. he owns a restaurant with lady gaga so not only can you eat the food there, you can wear it. all of that as more tonight. [♪ theme music ♪]

joining me at the table, former governor eliot spitzer and from the fannie mae research, jim carr and congressman cummings. this is what would happen if we can get principle reduction, discount the amount people owe on their homes. you asked for that. >> i asked for that report. the findings were very clear. the congressional budget office, which was independent said it's a win-win-win. a win for homeowners and taxpayers and a win for the economy. they recommended we do this and be done as fast as possible. >> the question is, why hasn't it been done? a few theories. one is the dimarco theory of fha. and the other is the administration's theory and this book about tim geithner talking about a program created by the administration as part of the t.a.r.p. money to help people work through foreclosures. we estimate the banks can work through 10 million foreclosures provides they help foam the runway for them. >> all my discussions with the administration, they claim they are in disagreement with dimarco. he put out a report where it seems to say to me it showed excellent evidence we shou

please, go away and take eliot spitzer with you. cenk: not enough leper cleaning.re's a couple of parts i disagree with. if mark son ford wins, the fact that he's disgraced is not going to matter at all. i think he stays in that seat for a long, long time. david vitters is grades. who cares? if you're a republican, you have a much better chance to get away with it. you'll have to get him out of there with a crowbar. >> i think if he wins, he'll have a primary fight in 2014. cenk: i think he'll win that fight. >> you may be right. cenk: i think people dismissing mark sanford are doing it prematurely unless he loses we get results in about 15 minutes and it turns out he lost, then yes, presumably, he can go on any trail he likes. beth, a quick question about the politics. the republicans pulled money from mark sanford's campaign once he was accused of trespassing in his ex-wife's house. were they also pulling money because they would rather not have mark sanford win because he's a stain on the party if he's in the house and figuring if colbert busch beats us this tim

eliot spitzer,o of all people said, recently he is the like the john gotti of the hedge fund -@worldnt was he is so insulated by some people within his organization. he may or may not have actual knowledge of what is going on. the fact he is being compared to john gotti and that imagery and has been held over by other people and repeated again, here i am saying it, here you go, i'm part of the problem, is this fair? >> that isn't really fair. he hasn't been indicted or arrested. haroma was indicted by federal authorities t by insider trade something proper defendant. steve cohen, say what you want about him. right now there is really nothing against him personally. but it is fair game. you know as mr. pitt said, if he is in the press and he is almot every day between his artworks and house in the hamptons and all the alleged insider trading and involvement in maroma and art follows life. v picks it up and gets. melissa: is he rolling around in roles royces and buying houses in the hamptons? >> he is certainly thumbing his nose at the system. if he is guilty saying you can't touch me

feel okay about, because after all, compared to, say, an anthony weiner situation or frankly even eliot spitzeritization, people have affairs all the time, they get over them and, yeah, in terms of, you know, raising the average i.q. of the house caucus by a point on two, he'll be good. it's a low bar glen thrush. we have to leave it there. thank you to all. luke russert is in for me tomorrow, so stay tuned on this channel. "andrea mitchell reports" is coming up next. .. and that much freshness is gonna take some getting used to... [ sniffing ] yep. it's amazing what a single scoop of gain freshness can do. our seafood dinner for two for just 25 dollars! first get salad and cheddar bay biscuits. then choose from a variety of seafood entrées. plus choose either an appetizer or a dessert to share. offer ends soon at red lobster! where we sea food differently. plus choose either an appetizer or a dessert to share. for sein a whole new way. for seeing what cash is coming in and going out... so you can understand every angle of your cash flow- last week, this month, and even next year. for seeing yo

. >> eliot spitzer tried to make a comeback on cable tv after being forced to resign as new york's governorse of a prostitution scandal. >> i'm completely responsible. >> louisiana republican senator david vitter was caught on a d.c. madame's client list in 2007 but still won reelection three years ago. weiner is hoping new york voters are willing to forgive and forget. >> i hope i get a second chanc to work for you. >> weiner has a big campaign war chest and according to one poll, he could even come in second in a crowded field and there'd be a runoff. but that could all change now that he's actually a candidate and voters have a chance to really take a look at him. and although he's married to hillary clinton's long time close aide, the clintons have signaled they are not supporting this comeback bid. >> thank you so much. >>> coming up next, instant cash for phones sounds good, but those special machines may be fueling more cell phone thefts according to police. we'll have that story. and the new pills promising to do for women what viagra did for men. but first, these messages. excuse m

don't compare general petraeus having extramarital affair with consenting adult is not akin to eliot spitzer who had sex with a prostitute. melissa: she didn't get anywhere near that. >> i was saying if you're going to trust the guy, because he made a mistake? one mistake? lori: well he did lose his position. >> right. yeah, but i'm just saying --. lori: powerful position. >> one mistake. lori: clearly he made many mistakes, charlie. melissa: oh, my goodness. >> how do you know that? that could be a libelous statement. i won't sue for liable. we're all friends here. -- lible. melissa: keith bliss on the floor of the new york stock exchange. we'll draw you into the conversation. no, in fact i will ask but the markets instead. we're only up 11 points but you think the bulls are in charge? >> no, despite consolidation and pullback here, we take a breather that is common when you have bullish markets. on the s&p we're staying above what was a pretty serious resistance line at 1647. we stay up there for another few sessions there is no reason why we won't go higher. you may not want to get long i

eliot spitzer was on the new york post. >> did you plan that?eed to be barred from the industry. do you look back now and say that was appropriate, that was right, that was wrong? i wish that wasn't the case in the context of everything you just said. >> look, at the time i decided to settle, put it behind me and move on and focus on the next stage of my life, which is the the right thing to do. >> you are advising a lot of telecom companies. you have no investment in. just to be clear and put that out there. you wrote a piece where you said that this proposal by dish, the takeover sprint is a big mistake and reminds you of some of the deals you saw back in the 1990s. >> it's funny. i was listening to you o'dell. it's amazing what's going on. >> you know he's crazy. you think it's in a good way. i'm not going to put a value. >> make the case. what's the problem? >> okay. i want to get back to the crux of my op ed for a second. let's step back. clear wire is the other leg of the stool. to take joe's characterization, which i will not argue about.