to fight isil in the province, but many iraqis say their government has ignored them as enron can reports they are demanding the operation, be sunni led not a responsibility of shia militias. sunni fighters take an oath at the air base. >> after the criticism of deploying shia militias in the anbar province the government is trying to recruit more groups. which is accused of pursuing sectarian. >> it was sunni fighting force which is won the battle seven years ago to get rid of al quaida and iraq, a predecessor to ice sill. >> the government re-negged on the promise to bring them into the national army, and abandoned them. their asked for international help, there is no hope from this public government at all, and the battle won't be over any time soon. >> tribes are suspicious of militias because of anbar's politics. shia militias have been blamed for revenge attacks. >> now they brought to you by the government, some of the propaganda, the government says they are about information. they are promoting the idea that the fight against isil is a fight for all of iraqis. just adipometers aw

fields meeting enron.e a situation where the chairman of this company was massively short-selling his stock in anticipation of that plunge, number one. number two the enron part is it's basically two companies. you've got a private company that borrowed a bunch of money at high interest rates to create this enron illusion of prosperity and growth. and they were able to book profits using their public subsidiary by booking sales at high margins and not accounting properly for the cost of goods sold. if you're in that stock, don't be waiting for it to go back up. >> and again, the stock right now is not trading and we're looking at it and people at home are saying who cares about this company, i've never heard of it. but the stock had gone up 20 fold in the matter of a year or two. the guy was the richest man in china. it was a growing company, got all this attention, and suddenly people are asking a question of whether or not the entire corporation was effectively fraudulent because, to your point, peter, o

all along temperatures will be nice because of the sun but mild for today in the coastline by some enrones >>mark: is the wrong to 45 this morning in the 100 block of martin st.. >>reporter: you consider there's not much left of the structures here is really pretty much burned down you to see investigators on the scene there sign to figure what action started the fire lit show you the video we have early this morning when the fire was on their no one was hurt in this fire and risen became then capital alarm fire this only because there's so many houses nearby it wants to make sure that this fire did not spread to the other neighboring homes but it was very much well under way because there's no one living in a home at the time this has been vacant for 25 years let's hear what they had to say. -because of the fire the main service to nine electrical service line connected to the house burned down at the wall and calls hauler should in the neighborhood at this point is still under investigation and there is estimating the damage because they're under construction there was no furniture and

we were talking about worldcom, 3com, and then throw in somebody else, like enron.ook at what has happened to all of these competitors. look at what has happened to 3com. look at wind. look at ascend. there are so may companies that try to be great, big companies in the space of networking and the cisco technology evolved largely through acquisitions but they made sure they were not being left out of anything that was happening in the world of technology, and as a result, cisco is still a big, strong dominant company, one of the most important technology companies in the world. cisco is a relevant company and a more relevant company today, and none of its competitors have been able to pull it off. emily: and yet, shares are lower than 10 years ago. john, why is that? why are investors so hard on cisco right now? john: they were a victim of their own success in many ways. the company did so well. you get so vague. it is kind of apple's conundrum, and it gets tough to grow off an ever larger base, and i would add that the networks are undergoing a big big transition f

hour, carson block talks about the money practices of noble group which may compare in some ways to enron. we will have a live interview coming up with him in just a few moments. new book on elon musk is facing a lot of publicity and tesla.cex almost killed pimm: and the democrats are voting to give president obama control over the asian trade deal. we will have the latest from peter cook, he is live in washington. and research groups are pressuring to make stocks more transparent. block, the head of is talking with stephanie ruhle. before we get into your specific details, i want to talk about shortselling. just last week, i was speaking thatll ackman, and he said shortselling is great for markets, but it is not a productive use of time. what do you think? word rain used the damage, and it is funny, because i used the same word to describe how difficult it is to publicly sell stocks. notdo the work, and i am passing judgment on herbalife, but you do all of this work and you know you are right, you have comeconviction, and you out and be to the market, and you get attacked, left, right, a

the.com bubble, we have talked endlessly about cisco, wrote,, and that he throw in somebody else, maybe enron was one of those companies people like to talk to about -- a lot about. you look at wayne ascend somebody companies that try to be bit -- big companies. cisco owns that and keeps that. their technology evolved largely through acquisitions were they made sure they were not being left out of anything happening in the world technology. as a result, cisco is still a big and strong and dominant company. one of the biggest and most important enterprise companies in the world. i think investors might knocked down chambers, but cisco was a relevant company then and more relevant today and none of their competitors have been able to pull that off. emily: and yet shares are lower than they were 10 years ago p or lie is that? why are investors so hard on cisco right now? john: they were a victim of their own success in many ways. the company did so well, you get so big it is apple's conundrum now. it gets tough to grow also ever larger base. i would add networks right now are undergoing a big tr

when enron came about.there were three bad people out there and the intuition, yes, there are bad people and good people and if we take the bad people and just take them out, everything will be okay. but my study did not show it. they showed there were lots of little cheaters. and all of us had the capacity to cheat a little bit and then go down the slippery slope. so when enron came about i said, you know this is more important because if we don't understand what causes dishonesty, we're not going to be able to reduce it or curb it in any way. we had the wrong theory. our solutions are going to be misguided. experiment in the lab. >> so help us though understand how we sell it toolve it to the extent it's solvable. what is it about the environment that we can avoid to avoid dishonesty, even though you're suggesting everybody to some degree is dishonest. >> yeah. so the thing to understand is that it's not about the fear of being caught. so, think about a timeline and you have time before you have an opport

neil: they're take bets on -- >> chanos is a short seller big on enron, which you remember. neil: that's right. >> and i think he's construct identify the markets but sees pockets like the emp space, the fracking space full he sees that as being a compelling short opportunity into 2016. so we're bringing the guests and we're getting them the opportunity to speak the way you allow me to. neil: exactly. it's a great show, and he's a great guy again, 11:00 a.m. sunday across some key fox affiliates and across the country as it booms and grows, and he makes news. man does he make news. again, because he does not talk to losers. the other network it's like 24-7 losers. >> we know that. neil: they're not going to give you an edge. >> nagging broadcasting company. neil: there we go. hey, chris christie, you might quit hyperventilating over social security. robert rice says things are just fine. so put here at td ameritrade, they're always working. yup, we're constantly making thinkorswim better. like a custom screener on your desktop, that updates to all your devices. and you can s

he left enron and it goes down. >> so we'll stick with those.atter who is in the kwhiet white house? for this? will we have an energy that means anything. >> no we never had an energy policy and today look energy issues in washington, if you're going to export you go to the commerce department if you bring the keystone pipeline down go to the state department where does the energy department call the shots, they just don't have a plan in washington. >> and certainly they aren't going to use what is the most natural gas ha anyone has ever found t is a dollar in some parts of the country can't give the stuff away. >> that's right. but everybody that uses energy is looking at or has made the switch to natural gas. and i know you've struggled with clean energy fuels but look at clean energies people are doing business with. ups, hadn't bought a diesel truck in two years. you got walmart, you got fed ex you got all of them looking at the fuel. >> i know you told me it is early but you think clean energy maybe the time is come. >> i'm saying that they

was this an enron and what was he doing with this sensitive information? what was hillary clinton, more importantly, doing? the bottom line is this is not about sidney blumenthal. it's about hillary clinton and her judgment as secretary of state and what it will mean if elected president. that's going to be the big issue. >> hang in there for one second, ed, because remember during the 2008 primary, 3:00 a.m., the phone is ringing and the sleeping child, then senator obama was blamed for his lack of foreign policy experience. hillary clinton seems to hold the same doubts about his ability -- the future president's ability to handle a crisis. check out the subject line of this e-mail weeks after the benghazi attack. quote, "benghazi was obama's 3:00 a.m. call" and check out hillary's instructions. please pray. if there's any question about the animosity and the whole thing we've been talking about for five or six years, that certainly cleared that up, didn't it? >> no, i don't -- >> reporter: i would caution, print it out. they were not just now attacking p

was this an enron and what was he doing with this sensitive information? what was hillary clinton, more importantly, doing? the bottom line is this is not about sidney blumenthal. it's about hillary clinton and her judgment as secretary of state and what it will mean if elected president. that's going to be the big issue. >> hang in there for one second ed because remember during the 2008 primary, 3:00 a.m. the phone is ringing and the sleeping child, then senator obama was blamed for his lack of foreign policy experience. hillary clinton seems to hold the same doubts about his ability -- the future president's ability to handle a crisis. check out the subject line of this e-mail weeks after the benghazi attack. quote, "benghazi was obama's 3:00 a.m. call" and check out hillary's instructions. please pray. if there's any question about the animosity and the whole thing we've been talking about for five or six years, that certainly cleared that up, didn't it? >> no, i don't -- >> reporter: i would caution, print it out. they were not just now attacking pres

eroded with decades of government spending and it turned out we had whole towns like san diego called enron by the sea. whole cities corrupt. but i am optimistic, i think it gets cleaned out and that's the message. neil: real quickly kevin, i think we're one step away from the next scandal. i don't know what the sport is what do you think? >> it's cronyism. there is growing consensus, people are sick of the political connections and sick of the cronyism, whether it's in big sports leagues or higher education universities or here in washington. it's cronyism. neil: sick of it but katrina it keeps happening. >> we're going to hear a lot about it. neil: katrina? >> that's up to us. everyone agrees people are starting to wake up and they're aware and want to stop it. we can end the export-import bank in washington, d.c. which is nothing but cronyism coming out of washington. neil: that is brilliant again one way or the other. thank you all very much. everything that's gone wrong with the world is why i'm working harder next week. i figure if these guys aren't going to take care of it it's up to

things, either everything is great for this company, which is what we believe, or this is the next enrona total farce. >> today the vip shop out with another statement saying vipshop has been and will always endeavor to be in compliance with applicable u.s. and prc, people's republic of china laws and regulations going further into the statement. basically they're saying that the alleged low numbers cited in the short seller's research report deviates substantially from the actual filings of the company made with chinese regulators. they're questioning the data source. let's bring in former fcc enforcement attorney, ron geffner. when you have a situation like this where they're saying there's significant discrepancies. discrepancies in the magnitude of the millions of dollars in differences in differences between what they say are the chinese filings and the s.e.c. filings. at what point if at any point would the s.e.c. step in? >> the filings should be, should show an objective reality the financial condition of the company. so if i'm the s.e.c. i have to look at this picture two-fold.

but i think given the ability to have political help enron, they could have done it easily. >> i thinkyou could make the argument some of those women in fact had to deal with so many more constraints and still got a lot done. >> absolutely, not to mention they would lose children all the time. it's heartbreaking to read how many children they lost. and, of course, during the war everybody was losing children, but little children, i mean, both varina davis and mary lincoln lost sons who were like two years old at the time. and then willie lincoln of course died in the white house, so did varina davis his tenure old guy in richmond fought off of the building. louisa meigs is in the book her husband montgomery we all know in washington. one october lost a three year old and a 10 year old in some disease that came through. so just living through the day was incredibly difficult, and still they were as interested and involved in politics and in policy as they were. i just find that so incredibly admiral. -- admirable. they couldn't vote. married women couldn't own property. they were the pr

and he had to make that decision, as he said, you know, in a sarbanes-oxley enron world and he had about three minutes to make the decision. it worked out in the long run from and to actually develop a really touching relationship, and it was it was, the families became friendly. >> he had been warned, too that other disney directors that oh, man do we really want this guy on our board? he's a know it all. he tells everybody when they are full of it. he will be disruptive. and eiger said well he's going to be the biggest shareholder. you know, it's kind of hard to say no. but i go by that time felt good enough about their relationship -- eiger felt good enough about the relationship. he said i think you'll find he will be a great asset to the board. eiger tells a lot of stores come you have to read in the book about things he did to help disney make a couple of key decisions and the lot of time he put in helping eiger work on certain decisions unrelated to their retail stores that they bought back and went about on cruise ships. is a lot of interesting ways in which steve basically gave

from 2002 to 2004, she served as director of the doj's enron task force, during which time her work was highly recognized and on several occasions won awards including the attorney general's award for exceptional service. caldwell spent nearly a decade in private practice of morgan lewis, and bachus where she was co-chair of corporate investigations and white collar practice group. on may 15th 2014, ms. caldwell was confirmed at the assistance attorney general. during her first year as head of the criminal division, aag caldwell has made prosecuting cybercrimes a top priority. she has innovated new initiatives that not only seek to investigate and put cybercriminals behind bars but also proactive strategies that aim to collaborate with the private sector and law enforcement around the world. one of the highlights of her first year was the creation of the cybersecurity unit within the division's section. please kindly join me in a warm welcome to assistant attorney general leslie caldwell. >> thank you, and also thank you for just not coming out and saying that i'm really old instead of

two things, either everything is great for this company, which is what we believer or it's the next enron and it's a total farce. given the staggering difference that is between what is being reported versus what we think is going on, i think it actually sets it up that this is, this is just simply a lot of noise. i'm not suggesting that she's not doing her work. i think that can you miss a lot of stuff when these very complicated businesses. >> do you think that the vip shop should come out with a stronger statement, though, gene? in response to the question posed by the credit suisse analyst on the conference call, it was sort of a lame response, we can't verify the source of the information, it might not be true. why can't they come out and say you know, we stand by the s.e.c. filing, period? that's the bottom line and that's the truth. the stock is reacting out of concern. it posted great earnings yesterday, right? and the stock is down 5% in yesterday's session. >> the one i think the reason the stock is down, they've got it up every quarter for the past four quarters and they got it

hundred savings-and-loan executives prosecuted, convicted, and sent to jail 20 years ago, and some enron executives were. but they have so gamed the system, the corporate lawyers, it's extremely difficult to put them in jail. and by the way, if they went to jail, they would improve the prospects for prison reform. [laughter] and the food would be better. [laughter] the governments buy almost everything we buy. you know, it's called government procurement. they buy food, they buy clothing, they buy motor vehicles, they buy energy. they buy construction materials. and they can do specifications where they can stimulate innovation, and we got airbags that way. the auto companies controlled department of transportation under reagan, and we couldn't get airbags. so i went over to the general services administration, and i said to the administrator, who, luckily, happened to be a rigid republican from new hampshire and he was an auto supply dealer. now, listen, if you know anything about auto supply dealers, auto parts dealers, they have no awe of the auto companies in detroit. so i said to hi

he had to make that decision as he said in a sarbanes-oxley enron world they had three minutes to makea decision. they developed a really touching relationship. the families became friendly. other disney directors. they were really want this guy on our board? he is a know it all. they will be disruptive. it's hard to say no. but at that time thought good enough about the relationship that he said i really think you will find he will be a great asset to the board. in fact, tells a lot of stories in the book about the two helped disney make a couple of key decisions and a lot of time he put in helping work on certain decisions. they have brought back cruise ships. a lot of it's used in ways in which steve basically gave eiger the insight to win over the board. >> agora did tell us you had to kick him under the table several times in direct truce meetings. back is to the thing about change also. agora talk to us about this. see steve judged people to quickly and that didn't change. he always said that. he recounted a couple of examples of somebody coming into the board of making a present

because of what they have done every time they screw up they don't catch madoff and enron. is an overreaction. as a result we have seen the number of public companies drop in half over the last 15 years. we have seen only four ipos so far this year. just think about that. how it's calculated and the sec. he thought that the fact that some of those seasonal adjustments may not be exactly right. that's of concern. it doesn't show up in his businesses right now. when businesses see numbers that are incorrectly low or incorrectly high they can act on that. >> absolutely. they can make them feel overly optimistic when it's not warranted. >> let's talk more about mr. cuban and the sec. he asked people who were small business owners. whether they felt the sec had made the markets more secure since the big recession of 2008 and 2009. that does not speak well of the confidence they had in the se c c. >> he is a guy who had a long personal battle. when he calls them id notes and on the basis of personal experience. what he is accusing them of is two important things. there is too muc

from 2002 to 2004, she served as director of the doj's enron task force, during which time her work was highly recognized, and on several occasions, one awards, including the prestigious attorney general's award for exceptional service. she next bent nearly a decade in private practice at the law firm of morgan lewis and baucas where she was cochair of corporate investigations and white-collar group. in 2014, she was confirmed as the assistant attorney general. during her first year as head of the criminal division, she has made prosecuting cybercrime a top priority. she has innovated new initiatives that not only seek to investigate and to put cyber criminals behind bars, but also proactive strategies that aim to collaborate with the private sector and law enforcement around the world. one of the highlights of her first year was the creation of the cyber security union within the divisions computer crimes intellectual property section. please kindly join me in a warm welcome to assistant attorney general leslie caldwell. [applause] ms. caldwell: thank you, and thank you for not saying

netanyahu, and condoleezza rice about how we got into this big mess in the first place that you have to enronisappeared and claim to be dead. peter: joshua, deer park washington, last word. what is it? joshua: a government of by and for the people shall not perish from the earth. the problem we had presently is we have -- analog politicians in a digital world. they do not believe believe that these two they are creating a surveillance will be used against them when any 12-year-old with time on their hands can get a hold of data they don't think exists. we were warned by george bush the daddy that if the american people ever find out what we've done well to have the ability blood will run in the streets. those were his actual words. hillary clinton thinks $2.5 billion and 32nd blurbs will get her a presidency when she is a huge pile of garbage. and the idiot republicans think the same thing. rand paul has his father's army, he has his army. they have the young ones between 18 and 25 who know how to put together teleconferences. and the thing is, -- won't matter anymore. it is coming to an end