is larry fink going to buy them. that is my whole point. black mark is not going to buy them. >> between bill acman and larry fink, these are great friends. >> i never said anything bad about acman. >> well let me ask you -- >> but fink does what does he and he does a great job. he sells that stuff and it is a great job he does and he does just what he should be doing. his job is to make money for black rock and he does it. and i will tell you that these etf -- the whole cut, not just etfs, the whole system is a precipice to some extent. >> let me go back to activism and i will take you out tv and put it on bill acman. there are activists that are right and wrong. and bill has had great success at certain times but herbalife has turned out thus far not to be the same success and if you look at jcpenney you could see real damage that took place. do you worry about making the wrong decision yourself? >> yeah, i think we all make wrong decisions, however, i think in a certain way, over the years, i learned this. that if you where conservative

. >> reporter: when alanna and avner fink were planning their wedding earlier this year, they had to choose a color. >> first i joked i wanted purple. >> originally i was thinking blue. plu is my favorite color. >> reporter: not for napkins, or bridesmaids' dresses but a color for afener's eyes. he was born without irises. bright sunlight used to create tremendous glare. so did lights at night. >> when we would walk down the street, especially at night i could tell he needed more help from me. >> reporter: he found help at the will's eye hospital hospital in pennsylvania where dr. brandon eirs is pioneering a procedure to implant artificial iris for patients with missing or damaged irises. >> this iris prosthesis finally themselves relatively large subset of patients who prior had no real options. it's about the size of a lifesafer. >> reporter: the silicone iris was specially made for fink. >> i'm hoping that it will work and my life will be better. >> reporter: this spring he had the surgery on his right eye. by july, he no longer had to use a cane to walk at night, and his distanc

finke tells me -- two additional bison were recently brought in from a wildlife refuge in prairie city. bringing the herd to 12. plans are in the works to trade more animals with nearby conservations this spring. we've got you covered -- macleod hageman -- kwwl news. thanks mac -- if you would like to see these animals at work -- the hickory hills park is open seven days a week. coming up on kwwl, many orphan children get the opportunity they've always wanted -- being a part of a family. and - the undefeated hawkeyes look to continue their streak as they head to bloomington, indiana to take on the hoosiers. "now your storm track 7 7 weather team. see the screen week. we are tracking a storm do you think when you are president you'll be paid as much as if you were a man-male... this is one of the jobs but there are so many examples where that doesn't happen. i'm going to do everything i can to make sure every woman in every job gets paid the same... ...as the men who are doing that job. i'm hillary clinton through tuesday morning. high and low temperatures will now be back to normal thr

this "day" was back on november 21 but lauren finke of the cedar valley volunteer center is hoping that more people - more few hours. especially to help the newest residents of waterloo and cedar falls. in recent years, we've follow the emerging population of those of burmese descent -- escaping religious prosecution in asia and, amid the journey from their homelands, settling here in eastern iowa. at least 1,200 people of this heritage now call black hawk county home. "we thought this was the best way to start bridging that gap and to start with some of the newcomers that are joining the cedar valley community because, maybe they dopn't know a lot about service and what it looks like here in america and this is just a good way to make that happen." these are pictures of some of the previous family volunteer day events in the cedar valley -- held at orange elementary school and providing the opportunity for "family time" - in a constructive manner. finke said, for saturday's event, help from the waterloo community school district plays a role. " they help us translate our fliers... " so

finke said, for saturday's event, help from the watloo community school district plays a role. " they help us translate our fliers... " so that the families who may have lived here for generations can share what they can with the families who have lived here for maybe just a few uonths. downtown cedar rapids will get a little extra holiday cheer today. the cedar rapids parks and recreation department will cut, transpt and set up the city's christmas tree today on may's islanan the anderson family is donating the 35-foot colorado spruce. workers will string the lights on the tree@today, but won't turn them on just yet. the tree lighting will be on december 4th at 5:30 p-m. this is video from last year's transport. the day for digital doorbusters is here -- it's cyber monday. and we get an inside look as gets ready for the big day. that's ahead in today's techbytes. plan on a wet day across eastern iowa. temperatures may yet stay cool enough for a light glaze of ice thanks kaj. plan on a wet day across eastern iowa. temperatures may yet stay cool enough for a light glaze of ice thanks k

this "day" was back on november 21 but lauren finke of the cedar valley volunteer center is hoping that more people - more families - will take a few hours. especially to help the newest residents of waterloo and cedar falls. in recent years, we've follow the emerging population of those of burmese descent -- escaping religious prosecution in asia and, amid the journey from their homelands, settling here in eastereriowa. at least 1,20000 people of this heritage now call black hawk county home. "we thought this was the best way to start bridging that gap and to start with some of the newcomers that are joining the cedar valley community because, maybe they dopn't know a lot about service and what it looks like here in america and this is just a good way to make that happen." these are pictures of some of the previous family volunteer day events in the cedar valley -- held at orange elementary school and providing the opportunity for "family time" - a conutructive manner. finke said, for saturday's event, help from m e waterloo community school district plays a role. " they help us transl

this "day" was back on november 21 but lauren finke of the cedar valley volunteer center is hoping that more people - more families - will take a few hours. especially to help the newest residents of waterloo and cedar fls. in r rent years, we've fololw the emerging population of those of burmese descent -- escaping religious prosecution in asia and, amid the journey from their homelands, settling here in eastern iowa. at least 1,200 people of this heritage now call blblk hawk county home. "we thought this was the best way to start bridging that gap and to start with some of the newcomers that are joining the cedar valley community because, maybe they dopn't know a lot about service and what it looks like here in america and this is just a good way to make that happen." these are pictures of some of the previous family volunteer day events in the cedar valley -- held at orange elementary school and providing the opportunity fofo "family time" - in a constructive manner. finke said, for saturday's event, help from the waterloo community school district plays a role. " they help us transl

black hawk county south unit ranger al finke says he enjoys waterloo, that have lived there their whole lives, and just been here before; i didn't know this was here." coming up at six -- we'll show what other animals are being used to fight invasive species. still to come on the k-w-w-l news at five... al rokers on the way - doing the weather in all 50 states... when and where will he be in iowa for "rokerthon 2" --------- --------- coming up tonight on the kwwl news at six... several kids in dubuque now have a permanent place to call home. he already holds one world record title, now today show weatherman al roker is going for another one billed as rokerthon 2, al plans to set the fastest time ever for reporting the weather from all 50 states going coast-to-coast and everywhere else in just one week. monday he'll be in dubuque -- on the riverwalk giving us the forecast for iowa. storm track seven chief meteorologist mark schnackenberg has thanks for watching the kwwl news at five. "nbc" nightly news" is next. we want remind you, we're "always on" with news and weather when you

(cg: alex fink/ deploying commander) "it's hard to get too nervous, we only nervous if were is." i'm told the group of thirty-five soldiers has become like family. they offer many difffrent skill sets. police officers, emt's and accountants are all a part of this group deploying... the soldiers told me technology will help them communicate with their families the families anxiously await their return home. we've got you covered live in cedar rapids, kristin rogers -- kwwl news. thank you kristin -- and these men and women will undergo additional training in texas in the next few weeks before heading to afghanistan. now let's check in with storm track kiel for your first forecast. how'sthe rest of the weekend looking kyle? information. here is additional forecast information from the kwwl stormtrack 7 weather team: we tracking the chance for rain for the start of the work week. right now storm track 7 live doppler radar is fine. satellite d radar shoos clouds increasing, but we are watching our next storm begin to develop out to the west, and is already streaming moisture to the n

in albuquerque, in one of the city's tougher neighborhoods, a waitress named dara finks, was drivingn the street with her three daughters just after dusk when they saw a young woman. >> we were sitting at the light, and the girl comes running across the street and my daughter in the front seat says that she doesn't have any clothes on. >> that's kind of weird, you see a naked woman running across the street. >> yes. we were watching her run into the restaurant. my daughter was ready to jump out the car. i'm like, no, no, no. wait. we'll go over there and see what's going on. >> it was clear, she says, the young woman was in trouble, frantically trying to get help from someone inside the restaurant across the street. >> no one helped her because we pulled around there and my daughter got out of the car and met her at the door and brought her over to the car. >> to your car? >> and that's when she said, he's got a knife. he's trying to kill me. >> the woman said she had been kidnapped but had escaped. >> i told her, get in the car, lock the door, that i wouldn't let anybody hurt her. >

is larry fink going to buy them. that is my whole point.lack mark is not going to buy them. >> between bill acman and larry fink, these are great friends. >> i never said anything bad about acman. >> well let me ask you -- >> but fink does what does he and he does a great job. he sells that stuff and it is a great job he does and he does just what he should be doing. his job is to make money for black rock and he does it. and i will tell you

one of the killers left a vital threw, a received fink their allowed investigators to identify him at 29-year-old french national. six members of his family, including his father and brother have been arrested. >> he caught the attention of the police due to a violation of public power. from 2004-2010, he was pronounced guilty eight times but was never imprisoned. in 2010, he was blacklisted by the police due to extreme behavior but never classified as part of an illegal extremist group. >> police have also found a syrian passport at the site of the france bombing, used by someone claiming refuge on a the greek island in october. several men have been arrested in belgium. investigators say they are connected to a car found near the concert hall. >> multiple arrests and search warrants have been executed. these are still on going as we speak. >> authorities in germany say a man arrested earlier this month in a car loaded with explosives might be linked to the paris attacks. mounting tricks to those who lost their lives, many injured remain in a critical condition. after the attacks on

sarah fink, my lab partner who i hoped one day would be my love partner.ght one of my so-called friends hitting on her. you got two choices-- you can mope your way up those stairs and soak in a pity bath, or you can pick yourself up, march into that school, and act like you don't even know that girl. [ sighs ] thanks. if mom asks, i borrowed her tub pillow. jay, don't forget to drop joe and mitch at cam's later! yeah, what time are they expecting me to, uh-- oh, what the hell? oh, isn't it cute? last night when i went to do my nails, the girls did it just for fun. what's fun about a lifetime of gender confusion? ay, please. it's the same as when you took him to the dodgers game

. >> andrew fink el, wrote a being book turkey what everyone needs to know. let's start there, what do people need to know about turkey? >> the biggest economy in the region, very strategically placed, they need to know there's a strong man government here which pretty much does what it wants. >> in fact in terms of press freedoms, turkey a country that straddles the east and the west, it's really a place where you feel boast asia and western but in terms of press freedoms, it is close to the bottom of the list in the world. >> that's right. it's the one european nation which freedom house has declared not to have a free press. the government monitors very closely what's said, it tries to control its own domestic press and it basically puts pressure on dissident press to toe the line. >> and that's something we can do an entire show on, but what this has meant to tell us is that turkey is a complicated place in this battle against terrorism, complicated place of the battle against i.s.i.l. in theory it is a member of nato, as mary told us a western-facing cou

i was talking to larry fink, head of blackrock. he has written about it. there is broad consensus.omething is wrong with the way the american economy is working. we, in this book, try to attend five -- try to attend fight how american firms became so shortsighted? what are the consequences question mark you're not inviting in long-term &d, you are, r eating your resources. soe: how did companies get shortsighted? was it the move to quarterly reporting? the focus on stock prices? it's not oneglitz: thing. you mentioned two things. requireure to corporations to disclose the value of their stock options to payges them executives behind stock options. the weaknesses in our system of government compared to other advanced countries like australia -- say and pay -- there has long been saying they. shareholders have a say in the payment of their executives has helped tame the excesses of the pay inequality and much of the corporate revenue going to the very top. we make some progress. in dodd-frank, there was a requirement -- just the disclosure of the ratio of the top a to the typical wor

(cg: alex fink/ deploying doing, but we're very comfortable with what our role is." families say no matter how many times their relatives deploy -- it doesn't get any easier. out for a run -- it's on the minds of many eastern iowans following assaults on trails. at a workshop yesterday, safety experts taught runners ways to escape if f meone grabs hem. they say there's a few things everyone can do to increase their safety. "if anything does do down in plan. you have to have a get back to your family." police say runners also need to be aware of their surroundings. decision 2006...fresh offthe debate stage, hillary clinton sticks around in iowa for a campaign stop. clinton speaking at the central iowa democrats fall barbeque. her husband briefly joining her on stage. the former secretary of state talked about the attacks made we're having real substantive debbtes and differences and you it, throw ittway and deny that we have to do more to build our martin o'malley also attending the event -- and criticized something hillary clinton said during saturday's debate. secre

south unit ranger al finke says bison, elk and goats are eating invasive plants --ike multi-flora rose, honey suckle and even poison ivy. (nats.. goats eatitig tree.) "those areas we're working on doing some brush cleaning, it gets all the dangerous stuff out of there and gives us some visibility underneath, and it fills their bellies while we're at and elk -- and a one-thousand "these big furry animals may look like gentle giants, but park rangers remind you to one end, and they can hurt you. to come see the buffalo, the buffalo aren't interested in your dog." if you would like to see these animals at work -- the hickory hills hickory hills park is open seven days a week... coming up in the next half hoor ofof today in iowa... a sexting scandal is under criminal investigation at one high school. plus, the main stage will be a little less crowded for thehefourth g-o-p debate tuesday. details on the way. as a reminder, when you see news - or if you have pictures or video to share... you can do that by going to our page on facebook. you can also "like" our page to stay up to date on brea

so he was very frightened what could happen with the finningsteins -- fink beingsigns, and he wanted to help them. he told me: it was still night when people started to drive in horse wagons to settle scores with the jews. they stopped to smash the windows at -- [inaudible] and loot what they could. i promised the finkelsteins i would go and see what was going on in town. they were dragging jews out of their homes and driving them into the square. i saw little jewish kids hiding one another and bowing their heads. i didn't see the barn burning. i wanted to get back and find a good way to hide the finkelsteins, but i had a good look around. poles were guarding the streets so that j well, -- jews couldn't get away. they were already looting jewish homes when the jews were on the way to the barn. did you see germans? one policeman. poles were the one hunting down and rounding up the jews, and right away they went to jewish homes to take what they could find. had they lost all sense of decency? people went crazy. they went into homes, ripped open -- [inaudible] flying around, the wind bl

but i would not be as hysterical. >> larry fink has a big position in the world of etfs. you don't.ys you need to learn more about this business. and he had an impassioned defense. you think what about that defense? >> look, i think etfs are an effective tool in many respects. we use them in the firm as poif portfolio managers. and lots of investors have been interested in them. at the end of the day etfs need a warning label. there are issues with etfs and the average investor didn't expect that experience in august and it occurred. that's fact. we don't have to debate it. it happened. in addition highly popular high yield etfs since their inception not actually outperformed their indices. there's large cigarettements of the etf population that behave in ways that were not intended. there's nothing wrong with etfs. people need to understand them. the industry has a responsibility to make that clear. >> larry fink shifted some of the blame and said it was a market structure issue and that the problem was the stocks underlying the etf were suspended for trading but the etfs themselve

. >> yes, my fink remembers cold. out on the skydeck. >> you're always cold. >> but i can't quite recover. i think everybody will feel the chill today, high of just 50 degrees, and the wind whipping again. but, take heart, tomorrow, just in time for the eagles game, things getting bert. to up high of 58. that's about where woe should be this time of year, winds will calm down then do you believe the 60s not just one, not just two, but in five days, the 60s, nicole. >> going through the week. >> i mean, this time last year, i remember being very, very chilly. >> yes. >> you know? i can't remember the last time we had a november that was this pleasant. so, i mean, really, we've been luck. >> i i knew i was in like november, november, come back any time. if it feels like this. >> your welcome. >> that's cbs-3 "eyewitness news" for now, signing up on television, always on for you at cbsphilly.com. cbs saturday morning is next. have a great weekend everybody. see you tomorrow. >> yes, we will. bonus cash on select vehicles

larry fink would tell aig don't listen to anyone who tells you to do something over the near-term theyhe stock and get out. >> as far as i am concerned if you look in the average time i held companies i think it is longer than larry fink did. my average stock holding is 5 to 7 years. bcf i bought in thes and still own it. it is nonsense to say i am short term. a lot of other guys like me you would turn them are not but there are some. in any area there are activists you could criticize pretty badly and i am not going to name who i would criticize but you got great activists and i think -- i don't think larry was talking about the short-term. i can show you my record. maria: we will be right back, markets looking lower today, we will talk markets and economy and the jobs number when we come that, wilbur ross joining the conversation. your investments through good times and bad. for over 75 years, our clients have r to bring our best thinking to their investments so in a variety of market conditions... you can feel confident... ...in our experience. call a t. rowe price retirement specia

larry fink in the conference, said it here before, has a policy proposal, a graduated tax effectivelyhe shares, the less taxes you pay. hillary clinton had a similar one. does that make sense to you? >> not to me. >> not to you? >> but i'm okay, if larry fink runs for president, and that is his position, i wouldn't be so -- i wouldn't rule him out as being the president because of his tax view point. >> but disagree because? >> i want to be able to sell the stock when i want to sell the stock, and i don't necessarily want to think that i have to hold it longer than i want to hold that stock because i'm -- it's a different tax rate. >> so it's -- >> approaching the whole issue -- >> i should have the choice. it's my money. >> well, companies and people should want to invest long term because it makes sense economically in the free market system to do it that way, and the reason they are not right now because of what mel talked about, better to do the financial stuff than something that takes 20 years to payoff. greenspan had an empirical study on government activism and effect on long

and the new york times article, from the bottom up, my name is eleanor fink. i'm the manager of the american are collaborative, a consortium of museums that are getting rid of data silos so you can search across all of them. the american art, portrait art, and archives of american art belongs in the smithsonian read my question is, given the great diversity of the smithsonian, it would be wonderful if that article alluded to someone going from a painting that depicts an invention that happens to be in history and technology to the portrait of that inventor at the gallery to maybe something of the national history. technology is there to do it. we are doing it at art project. it is not so much a matter of money. we don't have everything digitized, to start. you have to have the will. and at the smithsonian, to get this kind of collaboration across all institutions, bottom-up will not work. because each is thinking of their own. it is such a wonderful opportunity, one would not want to pass it up. how can you maybe instill something for the museum of the 21st ce

. >> i think it's as much about french domestic politics as about fink effective, the french have tosignal to those forces in isil that to try and return the tables back on them and hit them in their home land the way they were hit this past weekend. i'm sure that they were given pretty good targets and from what i read, u.s. intelligence has been coordinating with the french. i think these are largely symbolic reaching out to isil. >> the news that french jets were striking back at targets in raqqa were welcomed by people standing vigil for those who lost their lives on black friday. >> we needed to feel the armed forces were capable of striking at the root of this evil that has killed in our capitol city so many french people. >> we can't go on like this. isil, we have to eliminate them. >> the mood in paris is still defiant but there's no doubting an undercurrent of fear exists here. there's a growing realization in the rest of western europe, as well, that they all may be vulnerable to this flew and dangerous turn in the war. >> a california college student, one of the victims in

speaking of long-term investors, the first speaker this morning was larry fink of blackrock, $4.5 trillionnder management. he has been speaking about building for the long-term and shareholders to invest for a long time. he criticized activists pushing for buybacks and dividends. he said that can't last. called it bad management but for investors he said the prodding for them to go long-term may have to come from washington. here's what he said. >> we should be looking at tax policy as a carrot and a stick. we misused tax policy as a stick, and i believe we need to rethink what long-term is. and i do believe if you reconstruct how we design long-term capital gains, i believe it will add to more long-term investing. >> of course part of what he has espoused in the past is taxing gains for fewer than three years as ordinary income instead of capital gains. andrew asked him whether he would take jack lew's job, he said calmly, he loves what he does every day. one day he probably didn't love was august 24th. incredible volatility on a day that we're now referring to as a flash crash. some crit

we have larry fink starting us off, and reid hastings of netflix, hoping to make some news this morningd a little bit later, we have james gorman, ceo of stapply, and they try to transform that, and they speak to him, and the ceo of ibm, of course, a century-year-old company that is facing a transformation, and than gary cohen steps in for lloyd blankfein before lunch to talk about goldman sachs, and coming up this afternoon, we have coca-cola, another company that's dealing with its own transformation, if you will, and peter and chris of the newest shark of "shark tank" talking about venture capital this afternoon, and we have al gore, and then to cap it off, the one and only carl icahn. that's the day coming up, and i expect to see you down here, joseph, and becky, no less. >> well, we have had topher grace. >> he missed you and mad at you being not being here. >> i know, i know, i got to call him. it was a great interview. >> a lot more andrew coming up, and we'll be right back. opportunities aren't always obvious. sometimes they just drop in. cme group can help you navigate risks an

and the new york times article, from the bottom up, my name is eleanor fink. i'm the manager of the american are collaborative, a consortium of museums that are getting rid of data silos so you can search across all of them. the american art, portrait art, and archives of american art belongs in the smithsonian read my question is, given the great diversity of the smithsonian, it would be wonderful if that article alluded to someone going from a painting that depicts an invention that happens to be in history and technology to the portrait of that inventor at the gallery to maybe something of the national history. technology is there to do it. we are doing it at art project. it is not so much a matter of money. we don't have everything digitized, to start. you have to have the will. and at the smithsonian, to get this kind of collaboration across all institutions, bottom-up will not work. because each is thinking of their own. it is such a wonderful opportunity, one would not want to pass it up. how can you maybe instill something for the museum of the 21st ce

i fink it's our job to advocate for the outcome that we want.efender for 25 years and i understand the importance. they have to advocate for their client. ultimately the judge has to decide and it rests on the judges shoulders, at the end of the day. they take the weight of the decision. >> nancy l . the question for you. we have many who think that a prosecutor has a significant role in the outcomes of lives. as a former judge, where do you see the balance of power in the courtroom. where do you think it should be? >> the balance of power is overwhelmingly in favor of the prosecutor. they have the ability to offer someone six months if you plead guilty and 20 years if you go to trial. it was essentially a system of pleads. i was supposed to be there. has anyone coerced you into pleading guilty. i knew that it was a ritual. of course he was coerced. mandatory minimums bring power to prosecutors. then when someone gets sentenced to a mandatory minimum, i was just doing the obvious. i love issue of judicial discretion. one of the problems of being