of those large suppliers along with exxon mobil and shell and chevron and the other large producers. the thing that's interesting in this particular case is that bp's share has increased since the blowout. and i believe that the government has done that before the e.p.a. shuts it down or temporarily shut them down, to keep bp viable in the u.s. so they could continue to pay the fines that are certainly going to come from the spill itself. >> john: that is a fashion nateing hypothesis. i want to ask you about it. what kind of message does it send to bp when the pentagon awards the company $2.5 billion the same year it spills a record amount of oil in the gulf. were they that hard up for cash to begin with? >> part of the challenge here, during the blowout at least for the government was to keep bp viable so they could pay the costs. at least bp viable in the united states. if you recall, there was a lot of talk during the early days of the blowout about how serious it was and whether bp could either stay afloat in america or stay

the court rejected the key verdict that exxon mobil was guilty of fraud for withholding information about the extent of the leak. back to you, denise. >> thank you very much, mary. no word yet if this decision will also be appealed. >>> a morgan state university graduate student and her boyfriend shot execution style. then their car torched. tonight, as police look for the killer, stunned friends are speaking out. wjz is live. adam may has the latest on the investigation. adam? >> reporter: vic, we have confirmed that indeed, the victims were a couple that have been dating for at least a couple of years. now, police are trying to figure out why they were killed, execution-style. >> reporter: friends say nicole strickland and tae tuck were a happy, serious couple. micoal was enrolled in morgan state's architectural program. tae was fun loving and caring. police say the two were found shot in their heads friday morning. >> she was a very delightful young lady. >> derek vawng owns the bistro wine bar. it's in the ridgely delight neighborhood. >> this sounds like something you would hear from

. >> and a local grocery store inks a new deal with exxon- mobil. >> we'll be back with your weather first in just two minutes. happy >>> welcome back. 4:37. winter weather advisories in effect till 10:00 for us. a little bit of snow this morning. maybe will pick up an inch or so in spots. watch out for the isolated slick areas. temperatures pretty steady. upper 20s to low 30s. >>> on the northbound side of 355 right at the beltway ramp to the inner loop of the beltway, watch out for an accident. if you're planning to head here on 270 at democracy boulevard at montgomery mall, you're good to go to the spur and the beltway at the american legion bridge. more in a few minutes. mike, back to you. >>> the time is 4:38. i am watching your money. this is what we like to hear. the stock market just finished its best january since 1989. the dow rose nearly 6% and flirted with 14,000. as for today, traders will get a broader picture of the overall labor market when the government releases its january unemployment report. analysts expect anywhere between 164 to 170,000 jobs being added last mo

>> this just in, maryland's highest court throws out a $billion punitive damage verdict against exxon mobil. in 2006, the groundwater for jacksonville residents in baltimore county was contaminated by a gas leak at an exxon station there. according to our media partner, the baltimore sun, today, the court of appeals rejected the jury's verdict, finding exxon mobil's finding of fraud. in the summer of 2011, the jury awarded $1 billion in pup tive damages-- punitive damages. >> orioles and ravens games are about to be smoke-free. some sports fans are supporting the smokeout. but as kristy aleto explains, not everyone is fired up for the big change. >> reporter: if you're caught smoking at m&t bank stadium or inside camden yards, as the umpire says -- >> he is out. >> reporter: fans can no longer light up at either venue. >> i'm all for it. >> i don't smoke. i don't want to inhale secondhand smoke. >> some support the smokeout. other its, like rob dicks says -- >> i'll be watching at home. >> reporter: teams are working on a plan to allow smokers to leave the stadium and reenter. but some alre

meters of gas now seven of these sectors have already been offered to the west with america's exxon mobile collaboration's have already been made with its list and a norway status as well for shelf development but now wants to have is turning east and earlier today i spoke to stuart elliott from industry group plans on rough sniffed east about. western and international investors strategic partners are only really interested you could argue in rosneft because it gives them access to the russian market so. the chinese and japanese companies that are going to form these ventures to explore b.p. and the like who are joining up with rosneft partnerships in the arctic is about gaining access to russian reserves the key will be worth the rosneft get something back in return if b.p. or exxon mobil start giving rosneft big big chunks of their business elsewhere in the world if that happens then nothing runs north will be less of a russian company or more of an international global major in the same way as shell b.p. exxon chevron and others bought all eagle sections incentives for all chris tracin

while oil production surges and gas prices climb trans national oil corporations are rolling cash exxon mobil the most profitable country in the history of the world reported profits of forty five billion dollars last year in the top four oil companies reported total profits in aggregate of over one hundred billion next year the u.s. is a net exporter of petroleum products in fact last year petroleum products were our number one export first time since one thousand nine hundred sixty two so isn't this a newsflash for the drill baby drill crowd that more drilling doesn't mean lower gas prices in fact cameron what it means is we get the crap from from the pollution from the from the distilling we get to pay for protecting the oil lanes to saudi arabia but the oil gets shipped out of texas to england and to china and to mexico and to brazil you know you were talking about all the money that exxon mobil is making why not bring some of that money here and that's what drilling to us when you open up drilling you open up the land for for exploration both on shore and offshore that you know although

this is after they struck down a guilty verdict against the exxon mobil corp. prosecutors claim the company committed fraud in dealing with public officials. that is dependent on wells for drinking water. they awarded the billion dollars in punitive damages and portions must also be reversed. damages or intended to penalize defendants while compensatory damages reimburse the plaintiff. a new warning and for deep spending cuts that may become reality on friday. >> president obama is urging lawmakers to compromise. thee standing by with how sequester could affect education. >> the president took his budget back to virginia but lawmakers said he should have been here negotiating president obama toward a shipyard, a stern message against spending cuts. >> of these cuts are wrong. they are not smart or fair. they are a self-inflicted wound that does not have that happen. >> the president is running around the country, crying wolf, saying that the sky is falling and we are not buying it. >> top officials sounded the alarm. >> it would be a drag on near- term economic

contrast that with the overing all the big oil companies that do it all like the bps, exxon mobiles,% year to date, and exxon mobile, and heses is up, but hess just exited the business with the port redding shutdown in new jersey at the em of the month. that's a piece of capacity out of the system. that one along with, as we report here, this one, the bp plant, as well as motivas plant in port author, texas, plants on the west coast in maintenance or shut downright now, cheryl, not helping the price of gas. leaving you, perhaps with to say, you know the typical gasoline that we look at all the type, that's down today, but it's not making it to the pump yet. cheryl: right. gasoline in particular trades off with the brent contract, not wti, but the other thing is, and you know the sorry, that we have domestic energy production jumping, you know, double digit percentages over the last year, and that's supposedly going to continue to head higherment i think many americans are wondering why gas prices are still where they are. >> someday, someday it'll be better. cheryl: good point. whiti

next, one of the reasons for today's rally, exxon mobile earnings.ing numbers over just how much the world's biggest oil company pays uncle sam. you will be surprised. ♪ gerri: president obama has made the oil companies out to be tax cheats, but i'll write down h ♪ gerri: well, it was a record date or near record day for one of the world's biggest companies , exxon mobil. now, the oil joint -- giant barely missed a record 44-year earnings just under 45 billion, 340 million shy of its 2008 record profit. net income equals $2.20 per share or about $10 million a. it's a huge number for that company. as a result of the success people on the left really does the companies say they don't deserve the massive tax breaks they're getting. these big bad boy of guys have to pay their fair share like the rest of successful -- i mean, i'm sorry, wealthy americans. take a look at this. for the fourth quarter exxon paid nearly seven and a half billion dollars in income taxes. nearly 8 billion in sales taxs. nearly 9 billion in assorted other taxes, a total of more t

next, one of the reasons for today's rally, exxon mobile earnings.ing numbers over just how much the world's biggest oil company pays uncle sam. you will be surprised. ♪ - who doesn't fall asleep in that class? [bell rings] - they just expect that. - honestly. [chatter and laughter] - he asked me right before school started. - oh. - no way. - hi. - hi. - ♪ shine, come on and let it shine ♪ ♪ light me up, make me feel alive ♪ - hi. - ♪ you've got what it takes - she actually said hi to me. - oh, yeah. - ♪ shine on me today where teams compete to make the right decision about safe food preparation. our challenge in this round -- oven or microwave? to win, teams must choose the proper steps for safe meal preparation, read and follow package cooking instructions, and know when to use the conventional oven or the microwave. you're on the clock, so make your decisions quickly, but be warned -- make the wrong choice, and your meal will be unsafe! sorry, team 2, an unwise choice. check the cooking instructions on that package you've ripped open so quickly. d

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or exxon mobil start giving rosneft big big chunks of their business elsewhere in the world if that happens then nothing runs north will be less of a russian company or more of an international global major in the same way as shell b.p. exxon chevron and others bought all eagle set gins incentives for all chris tracing such a trick or think goes a number of reasons behind why rosneft is looking eastward as you say he's already been west they've made some important strategic partnerships with the likes of exxon mobil and b.p. as we know but the bigger markets if you like the consumer markets for oil and gas to the east china and japan china particularly is a huge market for oil and gas and rosneft already has a supply deal in place we've seen p.c. the state owned chinese oil company and now it's looking to expand its partnership with other companies sign a pack that they've agreed to look at increasing the amount of oil they send to sign a pick. japan clearly is a huge market for oil and gas they don't have any resources of their own and i think rosneft is looking at ways to cement their rel

oil giant, exxon mobil's, has posted 2012 earnings just shy of $45 billion. yes, that was billion. the second highest ever for a publicly held company, despite slight declines in its oil and gas business, the company improve its bottom line by about 6% compared to 2011. strong performance from exxon's refinery division helped drive the growth. the $45 billion mark is just a couple hundred million dollars shy of the all-time record set back in 2008 by -- you guessed it -- exxon. better than expected employment data out of the united states along with positive earnings numbers fueled strong gains this friday. our correspondent said as the summary of the trading session in frankfurt. >> the people here on the frankfurt floor seemed headed for a quiet end to the week, but then the united states came into the picture. economic news came in first from the labor market. it was so-so, but then data came from the housing market and from the manufacturing sector, and both looked much better than people expected, pointing to expansion for the world's largest economy. that sent the dax up. als

going to get data on consumer sentiment, manufacturing and construction spending and earnings from exxon mobil, chevron and merck the dow lost 39 points but the dow had its best january since 1994. the nasdaq fell a fraction to 3142. >>> apple is blocking java software on mac computers. they can run them on most commuters but last month the department of homeland security recommended that people disable java on web browsers because of potential hacker attacks. oracle which makes java issued a patch to fix known problems but the government believes that there are more holes in java's code. back over to you guys. >> thank you very much, jackie. >>> time to check back in with ms. christina loren. she's out on the road for us this morning. she's live in the ferry building in the city. what's happening out there? >> there is so much happening out here. i do not know where to begin, jon and laura. good morning to you. of course we've been telling you the "today" show out here live this morning. you can still come on down here and join us at the ferry building in san francisco as you can see ed lee d

hundred billion dollars for comparison the market's capitalization of the most expensive oil company exxon mobil is more than four hundred billion dollars followed by petro china at over three hundred billion shell and chevron over two hundred analysts say the main reason for gas from plunging value is higher taxes the market also didn't like the company's increase in capital investment and its decision to give it i'm an adult a sailor resteal more room for a down side a pension to gas problem maybe buying. into the ukrainian transportation system and if this scenario he's materializing then there might be an additional don't say . that. i don't have gas last two years. is all that an approximate that will be done though so maybe different before gas so you can in your system is much much bigger and the same price got. you clean your customers the don't cite my being. bought all the upside analysts say gasper may become one of the most interesting dividend stories globally as the company is now changing its dividend policy market players say that they are betting on the gas boom as a huge infras

intel, mcdonald's, merck, caterpillar, exxon-mobil and i.b.m. all get at least half their revenues outside the u.s. figuring out the international exposure of your potfolio may not be as simple as it once was. but it's still important. foreign stocks typically don't move in lock-step with u.s. stocks. and that can help reduce the risk in your portfolio, if the u.s. market turns south. erika miller, "n.b.r.," new york. >> tom: we'll have more on emerging markets in just a bit with market monitor guest marshall front of money manager front barnett and associates. stocks struggled to gain ground again today, as we learned the nation's manufacturers tapped the brakes in january. production slowed from november and december's robust pace with factory output falling 0.4% last month. on wall street, the dow rose eight points, the nasdaq fell six, the s&p down 1.5 points. the major averages were basically flat on the week. the dow and nasdaq down less than 0.1% the s&p 500 up 0.1%. in washington, this week's theme was the middle class. president obama u

that puts it just behind apple and exxon mobil in net worth. wow. google dominates internet search, is a major force in web advertising and is also becoming a factor in technology, as well. good times at google. >> that's for sure. >>> apple is the latest company to admit it's been hacked. some employees' mac computers were infected by the same malware that hit twitter and facebook. the mess method the hackers used was the same, as well, exploiting a flaw in jobs' software. apple says no customer data was compromised. and it has cleaned up that infection. >>> and if you think your morning starbucks is pretty expensive, a fan in washington state is claiming the record for the most expensive starbucks drink ever. something that he's calling the quadriginoctuple frap. >> there you go. >> this thing includes 48 shots, plus add-ons. banana, protein powder and whipped cream. he paid $47.30. that is more than twice the previous record. >> got to have the whipped cream. >> 50 buck cup of coffee. come on, folks. come on. >>> coming up next on this wednesday

while oil production surges and gas prices climb trans national oil corporations are rolling cash exxon mobil the most profitable country in the history of the world reported profits of forty five billion dollars last year in the top four oil companies reported total profits in aggregate of over one hundred billion next year the u.s. is a net exporter of petroleum products in fact last year petroleum products were our number one export first time since one thousand nine hundred sixty two so isn't this a newsflash for the drill baby drill crowd that more drilling doesn't mean lower gas prices in fact cameron what it means is we get the crap from from the pollution from the from the distilling we get to pay for protecting the oil lanes to saudi arabia but the oil gets shipped out of texas to england and to china and to mexico and to brazil you know you were talking about all the money that exxon mobil is making why not bring some of that money here and that's what drilling to us when you open up drilling you open up land for exploration both on shore and offshore that you know although although

that puts it just behind apple and exxon mobile in net worth. asterbuck's fan claiming the record, something called the quadrojen. the price was $47. that's more than twice the previous record, but because it was his birthday, he got it for free it. that's "america's money," i'm diana perez. >>> baltimore's mayor has several ideas to keep the city from falling into bankruptcy. will her pitch go over well with community leaders later today? >>> officials are stepping up the efforts for finding the person who stabbed a university of maryland eastern shore student. >>> one step closer for getting justice for their dog they feel the breed deserves. we'll tell but this on this wednesday, february 20th. thanks for being with us. i'm charley crowson. >> i'm megan pringle. >>> the weather was fot the best yesterday, but we saw a little bit of everything, some sun, some rain. so what is in store for today? here's mete

today is it on exxon mobile. >> that trade certainly delivered. last week, coe and carter made a bearish bet. the stock dropped since. will they hold out for more gains or close the book? find out when options actions returns. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. >>> welcome back to "options action." time for the upside call. we take a look back. coe and carter made a bold call last week, saying amazon was going lower. they were right. here is how they made a lot of money. on "options action" our very own gol

they decided exxon mobile. initially ordered by a jury back in 2011. a it was in 2006 with gasoline leaked into the jacksonville community impacting households. the aftermath of the incident, also revoked was close to $500 million. >> arguing to keep law that allows dna samples to be taken at the time of arrest to stay on the books. >> the most important case of its kind to be heard in decades. >> dna is increasingly -- it is limiting on when it can be collected. 28 states and the federal government copy what maryland does, collected dna samples. no conviction necessary, first. >> the use of technology that tells you exactly who did the crime and who did not do the crime would be lost to the state. >> one of them is at the center of this case. alonzo king was arrested in the county. police took the dna and matchstick of an unsolved rape to a woman. the court of appeals agreed that the taking of the dna violated the fourth amendment protection against unreasonable search and seizure. the conviction was overturned and the supreme court will have the fina

ibm, hewlett-packard up, exxon mobil, microsoft was a gainer as well.this climb of, as you said, jim, this wall of worry. >> it is a monster move. a lot of people being left behind. a lot of shorts. this thing won't die. there is a show, again, very good ratings, the walking dead. you know, you can't shoot this thing. shoot it in the head and nobody's been able to do it. this thing has legs. >> remarkable how with all of these seeming headwinds that are in the face here of the market, it just does not really want to go down. >> can't talk enough about it, because it is quite an extraordinary rally. >> significantly meaningless index. the s&p is doing fine also. we talked about inflows into mutual, equity mutual funds. they haven't been enormous. it's not as if money's coming out of fixed income. my point is, there doesn't seem to be a broad embrace of equities. we may not see anything that approaches what we lived through in the '90s. >> but the incredible dividend boost, made the asset of choice for many people. but it's not been out loud. i like the f

also looking at other companies that you like besides exxon mobile, and i want to get these out.rance, new york mellon the bank, financial industrials tell us something you have favored. financials, first of the year find of a sudden death of the year. >> said think we're going to start to see it play out that these this financial's don't do a lot of lending and insurance companies. you know, the big banks, they have gotten ahead of themselves. i am not a big fan right now. financials, the sectors will have the best earnings growth of any sector. cheryl: we discussed all the earnings. they said a very strong. but at the same time, you get, again, bank of america. there seems to be this crazy split between good banks and bad banks from a stock perspective. >> that is one reason that makes the big banks a bit risky to invest in big is the stock prices have all run up, but if you have any consistency in the margins and the inconsistency. just the voluminous disclosures that are coming out. so -- cheryl: set to be too much of a demi downer, at the same time, consumer sentiment, gdp c

for 2012, exxon mobil earned $45 billion and paid $102 billion. the tax rate is 31.4%. it doesn't sound like a free ride to me. but that is a monster company out there that has over a billion dollars in profits. they didn't pay a dime in federal or state taxes last year, and it is not an oil company. its it's facebook. not only did they not panicking, they are actually getting a refund of around $420 million. all because of a loophole which let companies treat stock options like cash but it seems like the president has a double standard. we'll companies are bad, tech companies helping them host a town hall, well, that's all good. but now we want to know what you think. log on the brakes. >> you can vote on our facebook page. should facebook pay for new taxes? gerri: moving on with apple and the iphone. using the new iphone is in store for us? our expert is going to talk to us. >> well, what apple has done -- what they have traditionally done is if you look at the ipod, there was an original model, and then they were eventually up to four. apple has had multiple models m

he lost its crown as the world's biggest company which has returned to exxon mobil.oss has produced his skepticism that the much discussed rotation out of bonds into stocks are now happening. the so-called bond king said fund flows at pimco show little signs of rotation and cash money markets may be the source of this. todd horowitz at the cms trading group joins us with his own views, as well. rather than the rotation out of bonds within it seemed fixed income investor res going for riskier investments. i hear structural products are making a comeback. good morning, ross. everyone is trying to figure out a meal to get their money and they haven't been able to find it. >> how wide are you? are we building up a future problem here? are we building up another credit bubble? >> i believe that we are building a bubble here. i think this is an artificial bull run with the ever chase for yield. however, you've got to stay with it been but you've got to be very occasionus in here. and i think that, you know, today's jobs number is going to tell a big story. we had a week co

exxon mobile and chef kron ron should not get a tax rebate ask a subsidy. let's start there. >> sean: congressman you're ranting. can i ask you a question? is it -- is it, here is the question. is it immoral to. >> you're immoral. >> sean: what did i do that is immoral. >> you say things that aren't true. >> sean: give me one example, sir. >> to try to say it's the president's fault and he is to blame it's wrong and a lie. >> it's not his fault we have $16 trillion in debt? we didn't add $6 trillion in debt since he's been president? we have? >> let's talk about the other 10. >> sean: congressman you're a waste of time. i'm moving on because our audience deserves better. i tried to give you a fair shot. >> no. you didn't. >> and the first lady trying to cover up what they said about gun violence, we're gofg the story but when we come back we'll try to have a civil discussion with scott walker, having a talk, a discussion and he'll respond to the tactics spew bid obama. the governor will join me live straight ahead. so, this board gives me rates for progress

not just public with it, big unions are behind it for job, exxon, mobile, the big lobbyists for the townehind this. you could have canada retaliate with buying f-16s and that. >> bret: you say it disappoints the environmentalists? >> it's likely. that is the way the wind is blowing. >> i'm not sure. i think you have to go back and look at the view of environmentalists with the respectbe to climate change? they don't want the price of oil to come down, they want it to stay high. we heard it from steven chu before as secretary of energy. heard it from environmentalists and this weekend. that is a goal. they believe if the oil prices stay high, lead to the less consumption of fossil fuels andp by itself have an effect on climate change. i think they are wrong and crazy for reason that charles suggest. you would transport this in a pipeline. not sending the tanker here and back empty to middle east. you can make a short-term argument. the bottom line and what people miss in the debate fundamentally that the left does not want oil prices to be lower, period. >> bret: but they also don't want

little further than that we say we're going to close loopholes and fossil fuel companies likes exxon mobilend chevron. we say we're going to close loopholes for deductions for yachts and jets. we move on and we say we're going to close -- we do have a number of things we propose. closing loopholes as my colleague, paul ryan, and former presidential candidate romney said they want tote do. during the campaign those loopholes is all they wanted to talk about. if start now doing it. >> if we're going to tax the rich some more. what is fair? what is a fair tax on wealthy people? and -- >> i'm glad you asked that. >> hold on. the other question is, what impact on the economy if we raise taxes again on the rich? let's deal with the fairness question. i bring you the case of phil mickelson. a california resident. on every dollar over a million does -- dollars that herpes he has to pay 63-cents to the state and feds in income taxes. now, is 63% -- is that tax rate fair? >> well, fair calls for the the question, compared to toe what? it's fair compared to allowing somebody who is surviving on minima

fortune 500 took similar deductions in 2010 including apple, goldman saks, hewlett packard and exxon mobilehave criticized the reduction calling it a corporate tax loophole. it's perfectly legal unless congress changes the tax code. democratic senator of michigan introduced a bill to eliminate stock option deductions in 2011. it was never voted on. >>> a live look outside this evening from the soon mateo bridge, we are seeing cloudy conditions, but dry pavement. the rain has not arrived just yet. storm tracker 4 is pinpointing some returns for our inland valleys and also for the delta, but nothing is actually hitting the ground because as you can imagine, with so many nice warm days, it's quite dry out there. it's going to take a while for the air to be saturated for the rain to actually come all the way down to the ground so satellite and radar picture showing the clouds moving through, but it's dry. we are going to see a bit of a low, some clearer skies filling in overnight and then here comes the second round that is going to actually bring us the rain into tomorrow morning. now, only ov

say that exxon-mobile and chevron should not get a tax rebate and a subsidy. let's start there. let's say that the people who earn, who get to pay less. >> sean: all right, congressman, you're ranting really well. >> you say-- >> if you don't like what i'm saying sean, i'm not backing down. >> sean: is it immoral. >> you are immoral. >> sean: i'm immoral? what did i do that's immoral. i didn't do. >> you say things that aren't true. >> sean: give me one example, sir. >> well, to try to say that it is, that it is the president's fault that he is to blame is wrong and it's a lie it's not true. >> sean: it's not his fault that we have 16 trillion in debt. he didn't add 6 trillion to the debt since he's been president. >> no, no he, no. >> sean: you did add 6 trillion to debt since he's been president. >> what about the other 10. >> sean: congressman you're closed by the time. i'm moving on, our audience deserves better and tried to give you a fair shot. and coming up abc ended an interview in order to cover up what the first lady said about gun violence. and we'll have a report on

billion dollar deal would create the world's largest oil company displacing the current leader exxon mobil. now staying with the energy secretary europe's largest oil company world that shell plans to quit drilling in the arctic shelf that's after several accidents in the twenty twelve drilling season shell has spent close to five billion dollars on its search for oil and alaska's sense that won the license there in two thousand and five but poor weather conditions this winter led to to major accidents on the drilling platforms despite some analysts saying while the decision will lever to leave the arctic means money down the drain investors actually welcomed the move shares of royal dutch shell on the nasdaq have been on the rise for the past two trading sessions russia's central bank may soon own lose its independence the russian government considers having state officials on the bank's board earlier this year the regulators actually dismissed calls from the government and businesses to soften its want to a fiscal policy richard haynesworth from ratings agencies says if the government st

. >> you're not going to highlight apple and exxon mobile as far as making sure they also split thoseoles. it's interesting that you're highlighting disney and you've got these other major stakes in major companies with the same person as chairman and ceo. >> as i said to you, the particular reason here is we've had quite an involved history with diss anything, good and not so good over these corporate governance issues, and that's what we try to do. keep the company going. we've met with the company and other investors have met with the company and there is a shareholder initiative on this issue that we support. >> fur don't get victory and don't necessarily see a change in the executive suite, you're going to sell the stock? >> of course not. that's not how large institutional investors invest their money like this. that is why we're active on this issue. if it was simply a matter of selling stock i wouldn't waste my time or yours with the conversation. the point of it is that we will be with this company for the long term, and that's when you want to make sure you're vigilant. i me