i guess is frank keating, president of the american bankers association -- our guest is a frank keating >> good morning, everyone. i'm tom keene. let's get a data check. a lot going on this friday morning. record high,er the s&p gives it up a little bit. not confident it will continue. 10-year all over the place. geithner yield today. a little bit of risk on. one .38 euro begins to get your attention. you wonder when it starts to hurt germany. warner to losers. >> turns out jcpenney's and struggling, they managed to put in a good day in the market yesterday. 25% iny up by the most, the still trading below $7.50 a it's a gross margin will significantly improve. as for sears, the fourth-quarter loss narrowed. eddie lampert, the ceo over there. chico's down 8.5%. >> i'm winded. >> you know what, president obama is running again and so is vice president joe biden but it has nothing to do with the election. they appear in the video to promote the first lady's let's move campaign aimed at childhood obesity. jogging around the white house. doing laps around the rose garden. the president's job

they are creating jobs and opportunity. >> thank you for joining us, frank keating.resident and chief executive of the american bankers association. i will tell you why apple is still the world's top brand. ♪ >> can the blackberry brand make a comeback? we're are joined by that technology analyst for bgc partners. we are joined by the global chief executive of interbrand, jez frampton. they work in every industry including automotive, beauty care, inking. what is the brand value of blackberry. what about the brand very? >> there has been discussion about applying the multiple to the messaging portion of blackberry. the connotations associated with blackberry is one of a company that are struggling to turn themselves around and to find their niche. >> well, is blackberry really on the way to becoming like kodak or blockbuster? we know that blackberry recently appointed the chief executive. he had something to say about the prospects of the company. he says they can rebuild the firm. >> i take that the direction that they are going in might get a sense of their future.

in a statement to the american bankers association frank keating explained it like this, "possession or distribution of marijuana violates federal law, and banks that provide support for those activities face the risk of prosecution and assorted sanctions." one federal official says there is no safe haven for banks under these guidelines, but they are saying if they do follow these guidelines, then they are unlikely to face prosecution. the banks are saying, what does that mean? we need to comply and what they want is hard legislation not these loose guidelines. >> understood. thank you, dominick. >>> the taliban is taunting the united states in afghanistan. we'll tell you all about that. >> plus, coming up -- relations with that country appear to be in trouble. what should america do now? and it was awful and then went from bad to worse. on the pennsylvania turnpike, a pile-up of up to 100 vehicles. >> vice president joe biden making headlines yet again for rather controversial remarks. this time he's blasting the gop. now a republican official is fighting back. details after the br

take it off to bangkok peace with underline east bay than three hundred likely to exceed keating copies and frank's diary and other nature about ten. that being damaged and had pages torn out since the beginning of the year. the site. maybe something will happen now because just the reaction is that it was so positive. and so many reactions and used the fact. so i think i can cool i think that the sec tvb was quickly i'll help companies come the happened i chased it down to jb and try to fix hasn't beaten centers. he seemed to get it set up an investigation tile stores to find these responsible. i grew up with and mm . he was arrested the store still welcomed the addition of you wonder whether getting into all the action during the second last sixteen of the champions league confirmed their daughter. the new store for them. reality traits as arizona to attend that i'm not trying to win that ten year cycle of the things that will remain in a study it to you so much as i decide to try it today stands have been the one victory in twenty five knots easing in gemini he now hates our cat to secure a seco