ernst & young don't know who the

caught playing gamess &play ernst henning ielsen -- one oo the three lay judges -- was photographed this week playing solitaire on his commuter during testimony ii court. but a couut spokesperson says... that doess't mean he wasn't paying attention. breivik killed 69 peopleeat a political yyuth camp in oslo last year. 3 baby needs one forrtheeroad. how one ttddler wound up tradiig milk for vvdka. 3-

moynihan professor of public affairs at maxwell school of syracuse university, and bob carroll with ernst & young. now, all three of these gentlemen have books. i believe bob's book is already out. [laughter] here's bob's book. len has a book coming out. i think i have the flyer here. yeah, i got a flyer here. taxes in america: what everyone needs to know. and joe has a book coming out, the title will be -- >> "their fair share." >> it's only a rumor that i'm getting a commission on this. [laughter] having said all that, joe, would you start us off? >> all right. well, you know, i've got to say i've got to start by confessing i promised i'd book at so many events, but it really is sometime soon, i hope. chris promised we're going to clear some stuff up, and i don't know if i'm going to clear anything up, actually, i think

it's certified by ernst & young.alk to the donald about this. >> he's on the phone. he's the co-owner of the miss usa pageant and miss universe pageant. good morning, mr. trump. how are you doing today? >> good morning, george. >> you heard the charge. it's fixed. is it true? >> it's totally ridiculous. the 15 are chosen. we added one more pick by the audience. after that, it's up to the judges. they bring it down to ten. they bring it down to five. ernst & young doesn't know until they tabulate. number one, and we couldn't care less who it is. what difference does it make? >> how about the broader charges that she makes? that the whole contest is fraudulent, lacking in morals and trashy? >> we're going to be suing her knew. she made a charge. and she said that it was fixed. now, it's turned -- >> you're going to sue her? >> excuse me? >> you're going to sue her? >> yeah. we're going to sue her. she made a false charge. she knows it was a false charge. and she suffers from a thing called loser's remorse. you look at

bbt a judge in the anderrsbrrivik case -- caught playing gamess &play ernst henning ielsen -- one oohe three lay judges -- was photographed this week playing solitaire on his commuter during testimony ii court. but a couut spokesperson says... that doess't mean he wasn't paying attention. breivik killed 69 peopleeat a political yyuth camp in oslo last year. 3 baby needs one forrtheeroad. how one ttddler wound up tradiig milk for vvdka. 3- [ jared ] uh, michael? you know... big game... that was sort of supposed to be for all of us. [ slurping ] [ male announcer ] give 'em what they love. subway! giant subs, sandwich and cookie platters. and big-time value. subway catering. order today! let's shed a little light on the subject. unlike cable, verizon fios is 100% fiber-optics -- so it's powered by light... that means it's faster, and has vastly more bandwidth capacity. for video chats with grandma, downloading hd movies, and uploading home videos. all the internet you need for all your devices. verizon fios is america's fastest, most consistent, most reliable internet. period. call the

that is according to ernst and young's latest european attractiveness survey which ranks germany in 6 to place. >> emerging markets are offering better returns on there investments. >> china is no longer renowned for its low labor costs. wages have been rising. foreign companies want to share in the growing market. the blossoming middle-class is massive. and a ranking of the most attractive destination for foreign investment, china and india are still at the top. the united states and russia are tied it at the rankings and third-place. next, brazil and germany. >> germany has a very attractive domestic market, infrastructure, and a high standard of training for workers. those are issues investors care about. >> many investors agree innovation is germany's real strength. but there is untapped potential. >> germany should put more effort into training, skill development, and certification of its employees in schools and universities. they should also encourage research and development with tax incentives like many of there european competitors to. >> according to the study, germany is s

. >> we'll be speaking to the winner of the ernst & young leadership awards. can don don't miss that interview. >>> fitch says the down grade reflects expectations that capital requirements for the company's banking sector are like i to be higher than forecast and that madrid will need eu assistance. they also indicated the possibility of further downgrades. joining us is richard harris at port shelter investment. your immediate reaction to this downgrade by fitch. >> well, it's not terribly surprising. you might think hasn't happened before. it's just part of the run of bad news that we've been seeing. >> what are the practical eventually indications of it? >> it's quite interesting because we saw the spanish bond issuance get away well the other day. this is nothing about spain, this is all about germany backing up spain. so the situation actually is quite bad and i think itch is a more accurate representation. >> we've seen an awful lot of discounting. some of the charts seem to be bottoming out. figures haven't really come out yet. >> so what will happen,

bbt a judge in the anderrsbrrivik case -- caught playing gamess &play ernst henning ielsen -- one oohe three lay judges -- was photographed this week playing solitaire on his commuter during testimony ii court. but a couut spokesperson says... that doess't mean he wasn't paying attention. breivik killed 69 peopleeat a political yyuth camp in oslo last year. 3 baby needs one forrtheeroad. how one ttddler wounup tradiig milk for vvdka. 3- so, you're all set up. great. what's going on? installing cable. you know this is an ikea, right? yes, but look at this sofa! it's so comfortable. we don't want to leave. have you been living here? can i have dinner at michael's house? they're having meatballs. don't be back too late. you know it gets dark when they shut off the lights. okay. i can stay. you know, you can just buy the sofas and take them home, today. for a limited time, get up to 15% back on select seating. ikea, the life improvement store. a.. mother ...is outraggd today... / after... her toddler... was ervee ávodkaá../ . vacation.it hhppened in hawaii... over memorial day weekend.th

another thing i ought to say, nothing i say is meant to represent ernst & young. i was going to end with a particular point the same point that len ended with. and i think that a discussion of whether we should have a more progressive tax session and the focus on tax rates is where i take issue with that discussion. the focus on tax rates is problem attic because the graduated tax rates schedule cob tr contributes to the burden but it is not a determining factor. as the president's own fiscal commission, known as the simpson commission, you can lower tax rates substantially and broaden the tax base and replicate the distribution of the tax burden. as we carefully weigh what we want the distribution of the tax burden to be, we need to be understanding of what the costs come with on high income taxpayers. i think i really have no idea what the right distribution of the burden is and what they have to be. that is something in my own view is best left up to people who are elected to office and politicians. one thing i will say, however, is that i do know that the curr

and i've been talking with ernst & young who have their entrepreneur of the year. unfortunately, the first thing is your growth in revenue. well, i'm sorry, men women entrepreneurs aren't going to talk about that and, b, it's not their driving force. so i don't take a lot of money out of my company. the money is shared around with the people who win the business, deliver the business that way, and we have people who are working in different places remotely. we do have an office. i don't go there because i have a room that looks out over city harbor and a husband who makes fantastic coffee. so i've moved forward in that way, and i absolutely agree with you that corporate social responsibility is often that little tip. but when i look at my work with dress for success, which centers around fund-raising, the thing that frustrates me is everyone wants to support something new. what i actually need is $200,000 to pay for the rent and pay for the administrators. and try to get corporations to see that sustainability and giving us rental money is just as important as the

certainly ernst seventy seven cents for every dollar made by a man according to recent statistics men on higher salaries in nearly all occupations including nursing teaching and even secretarial work but experts say the pay gap has less to do with qualifications and much more to do with stereotypes surrounding gender united states that definitely has a lot of cases where women are bluntly discriminated and where they are just discriminated based based on sex the u.s. government says that the current earnings gap will cost the average full time working woman at least four hundred thousand dollars by the time she's sixty five years old we keep going for higher and higher degrees you know home is done with the double masters and i'm going to go for my ph d. man doesn't have to do that for this move if you feel that you know you need to be paid more you need to like put it with don and say that i need to be paid more there's so brazen that so sexism i feel like there's really men feel they have a higher power of women just in any sort of sense even the workplace socially it just doesn't m

and so what i said is the membership policies that boys got to have are not ones that we support of ernst and young what i think the boy scouts is a great organization and i think it'll get even greater it's wonderful it's really interesting jim turley. thank you very much indeed so privatization may still this year but some worries that it has been postponed yet again as promised we'll have another guest next hour katie is that almost go test you have the latest figures from around the world hello there daniel i show day i'm going to get some european markets there at the center of it all at the moment after the fifteen banks were downgraded by me. we've been reporting about it all day it's really taking a hit in the region we've got doing to buy in town yes credit suisse all suffering from those cars also want to mention about that in the last ten minutes or so we had german business confidence now it to your lies it see the common currency and see how that is responding to all of this the exchange rates that we may and. it is still lingering around the six month low also to talk about

examiner concluded that grounds exist for legal claims against top lehman brothers bosses and auditor ernst & young for signing off misleading accounting statements in the run-up to the 2008 collapse. the newspaper said a 2,002 page forensic report which i'm sure you're familiar with by antoine valucas -- >> does the gentlelady have a question about the subject at hand? >> -- revealed that barclays got certain equipment and assets to which it was not entitled. are you aware of any of these allegations and do you have a response to them? >> no, i'm not. >> the lucas report revealed that during lehman's final hours its chief executive officer, dick fold, sought to convince prime minister gordon brown to overrule britain's financial services authority when it refused to fast track -- >> does the gentlelady imply this segment had anything to do with that? >> mr. chairman, if you could allow me to finish here. according to "the guardian," and i quote, during the bank's final hours in 2008, fold tried desperately to strike a rescue deal with barclays but the fsa would not allow the british bank a

the model start up caught the attention of ernst and young, for 26 years presenting an entrepreneur of the year award. >> we're seeing an incredible number of 19-year-old to 29-year-old making up our entrepreneurs so a little b-52 a shifting of the age. >> this year a northern california trophy went to inflexion. >> these 2004, i'm going to call them kids, but these are two gentleman who gave up something and taking a risk of dropping out of prestigious universities to take on running a company. >> the world needs entrepreneurs to step up to solve problems we face fchl someone is out there watching this and thinking about an idea that they want to start, recognize that if you don't do it no, one else will. >> do it. go for it. entrepreneurship is about taking action and about risk taking. >> the next big thing is identity.com. a twi manage personal data. with the next step, abc 7 news. >> and there is now petaluma for a huge contest its big. it's the world's ugliest dog contest going over in petta luma. we'll have details. >> and will it be >>> we do have breaking news in the trial of

. >> backing you up, we got a statement from ernst & young.le is to tabulate the judges' votes independently. they went on to say that the tabulations of the judges' votes that determined the final five contestants did not occur until after the evening fwoup competition had been completed. >> yeah. >> and everyone has weighed in on this. and there are some people who, part of her allegations have been, everything was not on the up and up. how do you respond to that? how do you make people believe that what they see is truly what is happening? >> there's a lot that goes into it. ernst & young is one of the greate greatest auditors in the world. people watch the pageant. think you can judge and decide for yourself who is deserving of the title. i'm not sig i'm deserving of the title. you can judge yourself what you think is going to happen. who deserves it. i can't speak for sheena or miss florida. seems to me like nothing is going to full circle. originally, her resignation was because she didn't agree with transgenders. she revealed a text mes

and bill carroll is that ernst and young. all three of these gentlemen have books. have books.

all of this is done under the auspices and certification of ernst & young, a very big accounting firmwe couldn't care less who the top five are. nobody knows who the top five are. ernst & young don't know who the top five are until the votes are tabulated so it's a ridiculous charge and really what it is is loser's remorse. that's all it is. >> now you compete in the miss universe contest. right? >> yeah. >> america needs a miss universe from this nation. >> that's right. >> what are the chances that olivia has? i don't see anyone prettier than her, do you? >> you've been a great expert on women. there's no question about that. i would think if she's going to win, she has a very good chance of winning. >> that would be good. if you do win, there will be a lot of extra room in the apartments. is it true that you still share the apartment, miss u.s.a. and miss universe? >> hands down, i have to win this. >> that's true, they share the apartment. >> if they're able to get the dual crowns, you'll have a lot of room in that place. >> i will have a lot of room. it might be a little lonely.

it is so ridiculous, the judges who are tremendous people, and as you know, they're supervised by ernst and young and everything is sefrt fayed, they make the choice. and they make the choice very, very strongly and very secretly. and that's what happened in this case. there is no top five. that's impossible, because nobody has any idea who the judges are going to be voting for. you have 15, you have 15 people, and then you have one person that's selected by the audience, by the viewers. we added that this year i believe for the first time. after that the judges make the decision and they bring it down to 10 and then they bring it down to 5 just like you see on television. and those numbers are all certified by ernst & young. >> donald, it is such a specific accusation, though, that she makes. i know the organization claims this is over the transgender policy, but for her to have this parting shot with such a specific charge, does it bear further investigation? >> well, first of all, the organization doesn't care who the top five are, or the top ten. i mean, what difference does it make

ernst and young ceo james turley on the boy scouts is the highest ranking business leading denouncingy banning gay and lesbian den leaders. he says he'll work with the scouts on their policies. amazon got a $16.5 million state department contract to put 2,500 kindles in libraries all around the world. do the math here. it comes out to 6,600 per kindle. $16 million of that contract is going to shipping and customer support. and north dakota voting on eliminating property taxes. if it passes, the legislature will have to figure out other ways to get revenue. it's getting traction in places like pennsylvania, north carolina and texas. >> all right, i've never met a tax cut i didn't like. of course, this is the oil and gas shale evolution. north dakota, hot as a pistol. but i want to ask you, you've covered this storien ott ground. is it better to eliminate the property tax or would it be better to slash the personal and corporate income tax? >> well, you know, it's a great question. the one thing i would say here, a lot of the residents have been priced out of real estate here. so much c

>> ernst & young, you know, the accountants. >> the accountants. >> they have an event that they have every year, and they're looking for people who want to create something, manage it, and build it up. >> right. >> what is the name of it? shirley, what's the name of it? entrepreneurs. i got my manager and my agent with me, and my attorney is on the way. >> you have your people. >> so here's what they do. they look for entrepreneurs who are really beginning and succeeding. >> good for them. >> and i think it stimulates the economy. the more young people want to do something. and are not hindered by it and get out and do it. the better off everybody's going to be. >> so you were doing good work last night. >> so i killed myself. at the end of the show the guy gets me and says, gee, yeah, thanks for coming. you know, we had al roker last year. he was great. excuse me. excuse me. four hours there. anyway. this is kind of good. >> so reege. that's your drink of choice. >> i love the cherry. >> so what's it like? what's it like to be back? >> right now? >> yeah. >> you know what? it's the

the key figure for the british was not badly but ernst evans, the labor leader who became a great foreign secretary of britain. and in the last month of the airlift for the first time he came over and looked at it and then was asked what he thought of it. he said, this is the eighth wonder of the world, and so was. >> a terrific way to kick off our 2010 programming schedule. thank you very much. [applause] and thank you very much for doing a wonderful job moderating both of our guests have copies of their books available oil lobby and sticking around for a few minutes to sign copies, so we hope he will join us in just a few moments. thank you for coming and we will see you soon. good night. >> every sunday at 6:00 p.m. eastern, book tv airs a program to our archives that coincides with a significant occasion that happened that we can history. for more history programming to cut american history television. a h tv features 48 hours a people and events that help document the american story. watch american history tv on c-span2 or visit c-span.org / history. >> steven jaffe recounts sunny yo

let's hear from stern wu and daniel ernst. and jon fortt. daniel, what was the problem? intraday chart tells a story investors were extremely disappointed. what was the problem today? >> i think the markets are a little bit wrong today on apple. this happens every year at this event. it tends to be more incremental improvements. operating system updates, refresh -- >> no big wow product? >> no. i think -- together, all of those announcements, they significantly raised what was already a very, very high bar for what windows 8 are going to find this fall. when they come out with hardware that's going to try not -- match not only what macdoes as product but ecosystem around ipad and ios, working now better with the mac osx and icloud. it will play into the back-to-school and holiday. you will see apple shares respond appropriately when the growth is more obvious. >> jon fortt, give as you quick run-down of exactly what they did, introduced today. >> well, we saw updates. this is where updates -- more than we have seen in recent memory. wait, '09 and '10 but updated the mac

and robertson and then ernst beven both said, well, we're going to do it anyway.tainly going to be embarrassing that americans can't do, with all they have, what we can do with nothing. and clay gave the right answer which is, i'm with you. [laughter] but it was -- the british were amazing. and more brits died in the airlifts than americans. partly because their planes were even worse shape, and they had larger crews. they carried a navigator with them. so they had four men in a plane where we had three. so that when their planes crashed, they tended to have a higher casualty rate. but i, for one, who i suppose was a bit of an anglo-phobe, came away with enormous respect. the english, to me, are so interesting. their virtues and their faults seem to me to be the same. that's stubbornness. [laughter] it certainly served them and us and the world well in 1948. >> right. well, i think we have time for just one last question or observation, and then we'll open things up for questions from the floor. there's so many interesting stories in this. i'm particularly taken w

but they say it's legit, it is certified by ernst & young, and the judges vote in secret. to have a big reveal. >> we'll be back. >>> zippo. you know those handy little lierts, recently produced the, get this, 500 millionth lighter. the company is family owned and pennsylvania based. >> heath rafert from our affiliate in buffalo shows us the light. >> wow. absolutely wow. 500 million. 500 millionth. can you believe it? unbelievable. >> reporter: yes, it is a little hard to believe. 500 million is a big number. but what is even harder to believe is that this bradford, pennsylvania company from humble beginnings has thrived now for 80 years while so much american manufacturing has gone offshore. zippo has managed to stay right in its hometown. and now sells its products in 160 countries around the world, providing a lot of good-paying jobs here at home. >> well, we have 620 employees here at zippo. we have 350 at w.r. case, one of our wholly owned subsidiaries. in a community of 8,000 people we touch an awful lot of lives in bradford. i think we mean a lot to bradford. but q

it's interesting because we have about -- i don't know, 10 judges, all of the judges are certified by ernst reporter: even her manager thinks maybe she is suffering a little bit of loser's remorse and didn't know the show was rigged. but it takes a lot to give up your crown. she worked awfully hard for this. she worked a long time to become miss pennsylvania. martha: trace, thank you. we have some brand-new numbers on the jobs front today. what they mean for the future of our economy plus how to get americans back to work. our power panel weighs in. a remarkable discovery and the assassination of abraham lincoln. the dramatic first-hand account of the doctor in ford's theater that night. what he saw and how he tried to save the president's life. [ male announcer ] what's in your energy drink? ♪ wer surge, let it blow your mind. [ male announcer ] for fruits, veggies and natural green tea energy... new v8 v-fusion plus energy. could've had a v8. so i wasn't playing much of a role in my own life, but with advaii' i'm breathing better so now i can take the lead on a science adventure. advair i

another thing i have to say is -- nothing i say should be construed to represent ernst and young, the organization i work for. it is interesting, when i wrote my notes for the stock, i was going to end with this particular point, the same point that glenn ended with. i think the discussion of whether we should have a more progressive tax system, whether we should tax the rich more, and the focus on tax rates is where i take issue with that discussion. the focus on tax rates is really problematic come out of the because tax rates themselves, the graduated tax rates contributes to the progress of the of the tax system and the tax burden, but it is not as major a contributing factor, as the president's commission showed. you can simultaneously lower tax rates very substantially and broaden the tax base varies substantially and replicate the current distribution of the tax burden. i think the discussion, as we proceed through tax reform and carefully weigh what we want the tax burden to be, we have to be very deliberate and understanding of what economic costs come with what higher tax ra

bankruptcy examiner concluded that grounds exist for legal claims against top lehman brothers auditor ernst & young for signing off, this leading accounting statements, in the run up to the 2008 collapse. the newspaper said the 2200 page forensic report, which i'm sure you're familiar with, into -- >> does the gentlelady have a question about the subject in advance? >> i do. reveal that barclays which bought lehman's u.s. business out of bankruptcy, to which it was not entitled to i'm quoting, are you aware of any of these validations? did you respond you can? >> no. no, i'm not. >> valukas report filtering lehman's final few hours its chief executive officer sought to convince prime minister gordon brown to overrule britain's financial services authority when it refused to fast-track -- >> does the gentlelady implied this gentleman anything to do with that? >> well, thank you if you just allow me to finish a. according to "the guardian," and i quote, during the banks final hours of september 2008, tried to desperate to strike a rescue deal with barclays but the fsa would not allow the brit

you know ernt asnoknow ernst, a they are looking for something to manage it and build it up. way. >> you have your people. >> here's what they do, look for entrepreneurs beginning and succeeding. i think it stimulates the economy, the more young people want to do something and not hindered by it and get out and do it the better off everybody is going to be. >> you had a wonderful time last night. >> i killed myself. at the end of the show, the guy gets me, thanks for coming, we had al roker last year. he was great. excuse me. excuse me. four hours there. anyway, this is kind of good. >> so reg, that's your drink of choice. >> i love a cherry. >> what's it like to be back? >> now? you know what, it's the wait to get here. we never used to wait. we showed up. >> walked out on the air. >> 30 seconds before the thing, 9:00, come on, let's go, we walked down the hallway and we did it. here, matt lauer scratching at me, al roker allegedly waiting for me. danny deutche wanted to hear my confession. what goes here? so, anyway. it's nice. really is. good to see you. >> you've been awa