so, from gm's perspective, it is all about providing that choice. take a hard look at what you're doing with your car - what kind of vehicle do you really need? - and then find the propulsion that meets that need. > all right, we have to run. good to have you both on the show today. > > thank you. > > thanks. coming up, stay with us as we connect with a trader's play in linkedin. andrew keene joins us now for chart talk to talk about linkedin. you are always looking for those parabolic stocks, and i think we found one. > > linkedin is quite amazing. they had earnings on friday. stock was off to the races. i like to use the at-the-money straddle to imply how much the option markets are implying the stock is going to move. the stock was trading around $124. i actually didn't have a position on it. i was trying to sell some bull put spreads i didn't get filled. that stock took off. it is implying a $10 move on earnings. stock took off and moved $27 to the upside. linkedin is in what i call "no man's land" up here, which means there has never been any s

it looks like a drug in early trading, but the dow futures down 63 after a news reports from gm and pepsicos morning. league for the weekly unemployment numbers at 530. . that ally merger between america and in u.s. air is all the top of the business world today. value at $11 billion, we're now down to four major u.s. carriers. >> the mother of the can get away held hostage in that alabama banker for nearly a week this month is that talking for the first time of her family's experience as the address on appeared on dr. phil yesterday. for six days, five year-old ethan was held hostage in a bunker 4 ft. below the ground. he was being held by jimmy lee dykes. the next shot and killed even a bus driver childs of poland back on january 29th. what one gets or on the bus and were able to escape but not even. on wednesday is dr. phil television show, even as mother jennifer explain why her son did not get away. >> when he saw mr. pollack shot, even passed out. mr. dykes went out to catch him and pick them up and i think it his own way, he was trying to care for him. >> an fbi hostage rescue team p

auto stocks have had a bit after more robust rally in the last couple of days then you have seen from gmd but skeep in mind these guys are tied to what is happening in europe. as long as europe is a mess for auto makers, that will weigh on the stocks. but january off no a strong start. >> and we call those pickup trucks yutes. at the back of the yute. when is that pint up demand spent? is there anything in -- >> we are a ways off yb mandy. if you look at the average age of a vehicle in this country, it is still over 10 years. 20% of vehicles over 16 years o old. it will take time to get rid of all this. >> that's amazing. it is great but also the auto industry almost doomed it self by developing cars that are too reliable. >> i don't buy that, brian. you know what will happen -- >> you don't buy cars because your is running for 15 years. >> no. you say, i want connectivity. i want latest advancements in technology. if i'm driving a 2003 model right now, i'm looking around going, it is working but do i want the other technology, yes. >> phil, i drive a 2002 pb. >> i drive an '03. >> i put

a near upset of a national power, and the cats getting a scathing message from the gm. let's get it >>> now, here's dave owens at the wusa9 cadillac sports desk. >> rutgers hoping the nor'easter kicks north. big east utility, they lost five straight. georgetown sporting the longest current winning streak in the soon to be defunked league. you know it's always a slug fest. always a smug fest. warming up markell. he's about to. he lines up the 3 from the top of the key, but no team led by more than 6 in the first half. tied at 3. otto porter, yeah. that gives the hoyas the largest lead of the game. eli carter, welcome back carter. the rainbow 3. he shot nine three's. 80 seconds to go. porter, you can do it, put your back into it. and otto goes for 19-14. georgetown wins its fifth straight, 69-63 over the scarlet knights. >> 14th ranked butler. talk about a tough game today. that's the butler bulldog. cameron woods, it's a dog's life right there. how about a facial with a strong finish. gw's isaiah led the colonials with 14 on the day. this game was a three-point game. but

. >> after reports from gm and pepsico this morning.way, 3 g capital to buy heinz for 28 billion including debt. >> waiting for the weekly unemployment numbers at 530. the airline merger between american and u.s. air is is all the talk of the business world today. value that $11 billion we're now down to four major u.s. carriers american, delta, united and southwest. >> kron 4 news uncover the details and to an arson investigation in west oakland. a reward now being offered to help get the person responsible for a massive fire near bart. >> the atf is now offering a $5,000 reward. >> the fire last june to stadestroyed a senior housing complex that was under construction. the flame became so strong that nearby bart tracks melted, shutting down the trance state to traffic and to a standstill. investigators to question 60 people, ruled out several suspects and are still reviewing video for security cameras in the area. >> we do have some patchy fog around the bay and everyone is going to have a gorgeous, warm day. 38 degrees in walnut cree

gm. we got no interference from the government. it was terrific. they were great partners. they just let us bring it back. we all worked together. we got very little assistance, very little help -- we got none. they let us do it. >> jon: i have to tell you: i think a great partner in business would be somebody that gives you $50 billion and doesn't say anything after that. >> it was great. >> jon: i would like a partner like that. >> it was great. >> jon: they didn't -- did they put pressure on gm to say we want more economical cars. we want the chevy volt -- we want to make that or the -- >> the volt. >> jon: we want to make that a centerpiece or that was a decision made within gm. >> that was a gm decision. companies have a responsibility to explore new technologies and do things with all the discussion about climate and environment. that was done in gm and it's a great vehicle. >> jon: right, right. so you are happy with the arrangement? >> yeah, they let us do it. >> jon: when you went in there, how difficult for you? you had not run a car company previously? [laughter]

gm is hoping this will boost car sales. 4g in all new cars from gm. not bad. check the big board.come of the italian election. reuters and bloomberg suggests that -- >> the venture capitalist that wants you to go to detroit next. 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. when the doctor told me that i could smoke for the first week... i'm like...yeah, ok... little did i know that one week later i wasn't smoking. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health problems, which could get worse while taking chantix. don't take chantix if you've had a serus

he served as chairman and ceo at gm from 2009 to 2010. a story he told in mhis memoir. what a great read. your back has terrific lessons of the trade. you say it's not magic, it's management. businesses are not democracies. what did your role in the bailout in such a challenging time for the country teach you about managing and about management? >> well, i've always thought management was responsible for what happened. this taught me, once again, that's a true statement. >> right. so it's about leadership, it's about -- >> it's about leadership. >> -- the lead. what were the biggest problems at gm that you couldn't have not known before you arrived in detroit? >> well, i thought gm had a vision but when i got there i found out they didn't. and so i thought it was very important we establish a vision, which we did early on, which was to design, build, and sell the world's best vehicle. after that, it was a matter of getting the right organization, organizing things, eliminating matrix management, empowering the people, and miracles happened. it was great. >> amazing. ama

expect reports from coca cola and gm. >>> mayor vincent gray says city leaders should have more control of its finances. the congressional control board disbanded in 2001 and the city's budgets have been balanced ever since. >>> harris teeter will headline a new major development in bethesda. the grocery store will be part of a project which includes 395 apartments and underground parking. at the corner of woodmont and wisconsin avenues. groundbreaking scheduled for april and it is supposed to be ready by spring 2015. always nice to get a new place to shop. >> nice. but adding more people in that area will be more congested. >> reporter: yeah, there is a lot of traffic. >>> okay. coming up, raising an autistic child can really take a toll on your family's finances. the new legislation scheduled for a vote in maryland could improve that. >>> of course your weather first in two minutes. stay with us. ♪[ music ] >>> good morningment welcome back to wusa9. it is 4:44. we had a great weekend here. can't say the same for our friends up the east coast and into new england. >> for those folks w

we'll hear from the gm. >>> can the wizards back another big victory and throw down the nets t >>> i'm ron mott in providence rhode island where the snow is driving hard having caused havoc on roadways up and down new england for what promises to be a very long weekend. we've got the latest ahead on nbc nightly news with brian will wrams. >>> that coming up in the next 15, 20 minutes. for us, not getting the storm. as far as the snow is concerned, the winds are starting to pick up. upwards to 20, 25 miles per hour. current temperature 42 degrees. a few showers earlier. those have moved out. we're going to see a slight chance of a shower at 7:00. 9:00, windy and cold. cold and windy. 31 with a chind chill of 20 at 11:o 0 at night. make sure you're ready for the wind and cold tonight. 36 in gaithersburg. huntingtowne at 40 degrees. what are we seeing? the storm is up toward the north and east. philadelphia starting to get in on the snow. they have not seen any snow thus far. their totals will be way down. new york city saw some of the heaviest snow earlier. it's just starting to move to

plus, earnings reports from gm and pepsi. nies will join us, first on "squawk box," starting tomorrow at 6:00 a.m. eastern. when they tell you that you need your oil changed you got to bring it in. if your tires need to be rotated, you have to get that done as well. jackie, tell me why somebody should bring they're car here to the ford dealership for service instead of any one of those other places out there. they are going to take care of my car because this is where it came from. price is right no problem, they make you feel like you're a family. get a synthetic blend oil change, tire rotation and much more, $29.95 after $10.00 rebate. if you take care of your car your car will take care of you. a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ >>> welcome back to "squaw

we preached that to every employee at gm from the top to the bottom. we empowersed people.them accountable. we gave them the authority to do their jobs. we simplified, got rid of some bureaucracy and miracles occurred. liz: i also thought it was very funny where you said, why are nonboard members sitting in on board meetings. people would inherently show up which is big no, no in the corporate world. >> you don't do that sort of thing. liz: you cleaned all of that up. the volt, you said it was very important to pursue the volt, because i want the quote, because i like this quote. it was a message that was sent that gm as a creative force is back! is it though? are you happy with where the volt stands today with the sales that are not quite issues?nd a couple of other >> it's a great car. you would like to sell more. corporations i think have a responsibility to push the technology front. with all the talk i think of climate and environment, i think companies are obligated to go forward. we'll see where it goes but it's a great vehicle. yes, i think it was important. i think

>> guest: well remember i am from at&t and gm, and i saw the power of people and what people can do when they are responsible and have authority and you let them go. i mean there is a lot of such a great resource that we forget about. look at what at&t did. there are iphones and there is wireless and they're worth 4 million customers in 1990. now there are hundreds of millions. look at what that industry did. we forget that people did this. people have an amazing capacity to do great things when they are empowered and can do it. look at general motors. how can you not be optimistic after watching that? from the very depth of bankruptcy to a very successful company doing great now with good employees, focused employees, new models, great vehicles. how could you not be optimistic wax i think that applies to every sector of business. that's only two examples. the only two i have dealt with but look what happened. it's terrific. >> host: then there is also the long-standing tradition of innovation and contributions to both of those companies. >> guest: absolutely. >> host: it's really remark

>> guest: remember i'm from at&t and gm and i saw the power of people and what they can do when theyare responsible and have authority and you let them go. that is such a great resource that we forget about. look at with at&t did. there's iphone, wireless, 3 million, 4 million customers in 1990 and now there are hundreds of millions. look what our industry did. we forget that people did that. people have an amazing capacity to do great things when they are empowered. how can you not be optimistic in that from bankruptcy to a very successful company doing great now with good employees, focus employees, new models, great vehicles how could you not be optimistic? fun applies to every sector of business. it's only two examples i've dealt with but look what happened to the it's terrific. >> host: the there's also the long standing tradition of innovation contributions. >> guest: people do that though, stephanie. people do that in power to do those sorts of things they can do it. it's a huge resources. >> host: you write in the book quite a bit about your childhood growing up in texas. you

in the fourth quarter, overall gm profits were up 89% from 2011. looking ahead, the company says it has taken significant action to put itself on a path for growth in 2013. however, ahead of the release of new models of pickup trucks, analysts are concerned gm may be forced to cut production, due to a backup of its current inventory. a "spirited" trade in the beverage industry is sending traders on a wild ride. the justice department was blocking the merger of budweiser and corona. to get the deal done, anheuser bush in bev, which owns bud, is agreeing to sell grupo modelo's brewery in mexico to wine and spirits maker constellation brands. constellation spiked above $43 yesterday on the news as traders who were shorting the stock are forced to buy it into options expiration today. "well, as of mid-day yesterday, we saw 40 million shares of constellation being traded. the average day only has about 5 million shares of volume." scott bauer of trading advantage says the short squeeze is the largest traders have seen in a while. a sequester replacement

when you look hard at what has actually happened with all the help and support that gm has gotten from different governments, their sales in automotive land are up less than 1% thankful gross margins have been almost cut in half, down to 6.7%, their pretax profit has gone from a profit of 6 billion to a loss after all goodwill right down to $30 billion. that hardly a sign the company is roaring back to life. so people need to look hard at the annual report which is coming out in two weeks or so, and that will give us the kind of granular detail that we need to make a far more informed decision. but from what see so far, it is definitely not on the right track. >> neil: if gm were to fall on hard times, would we rescue it again? >> it doesn't make sense to rescue a company unless you're going to change its competitive position to redress its competitive weaknesses. we didn't do that in 2009. gm didn't go goh bankrupt -- go bankrupt anywhere other than in the united states. it has a terrible position in europe. it's going to be costly to fix europe. doesn't own the majority control of it

>> guest: remember im from at&t and gm and i saw the power of people and what people can do when they are responsible and have the authority and you let them go. that is such a great resource that we forget about. look at what at&t did. there's i phones, wireless, there were 3 million or 4 million customers in 1990 and now there's hundreds of millions. look what the industry did. we forget that people did not. people have an amazing capacity to do great things when they are in power and they can do it. again general motors. how can you not be optimistic after watching that? from the very depth from bankruptcy to a company doing great mouth with good employees, focus employees, new models, great vehicles how could you not be optimistic? i think that applies to every sector of business. that's only two examples, the only two that i've dealt with but look what happened. it's terrific. >> then there's also the long standing tradition of innovation contributions. >> guest: absolutely, sure. people do that though. people do that that are in power to do those sorts of things. you write quiet

gm and chrysler all sold more cars and trucks. chrysler had its best january in 5 years, with a 16% jump. ford's sales rose 22% from last year, its best january since '06, and gm's sales topped 16%. its estmated that total auto sales hit 15.5 million last month. foreign brands helped that number. sales at toyota jumped a whopping 27% in january. and volkswagen celebrated its best january since 1974 - a 6.7% increase. demand for the accord helped the numbers at honda. demand for the model pushed sales up 12.7% consumer reports is out with its list of best car brands. toyota, ford, honda and chevrolet rank as the top brands with best consumer perception. motorists judged the automakers based on safety, value, performance, design, technology and environmental friendliness. it was a major plus for toyota to top the list, considering its recall issues past and present. fourth-quarter earnings wrapped up with a mixed bag of results for mattel, exxon, and tyson. mattel's profits dropped 17%, hit by a litigation charge earlier in the year. sales were up in its popular barbie, hot wheels, american girl, and fisher-price bra

the packages for gm and allied have been criticized by the special inspector general of the tarp bailout of the banks i and the auto companies $700 billion from 2008. christie romero is that inspector general, she has said the pay packages are excessive. taxpayers have recovered half of the $50 billion or so investment in gm and about one third from ally which got 13 billion. he has presented th previously e payroll to become competitive with other executives in corporate america, but says she has been trying to limit the competition, give them more in stock. she is scheduled to testify along with romero tomorrow on capitol hill. ashley. ashley: interesting stuff, peter barnes, thank you very much. we will be right back. the dow around session lows up 123 points as we see the selloff taking up steam a little bit. we will be back after thissine break. by building custom security solutions that integrate video, access control, fire and intrusion protection. all backed up with world-class monitoring centers, thousands of qualified technicians, and a personal passion to help protect your business. when your business is optimized like that, there'

being from buffalo i know mike is here from gm.owth in steel and manufacturing and a great naysayer for that type of effort and i campaigned on the effort of turning the rest into the green mile, the opportunity in that space. unfortunately finished my campaign and didn't win, it's pretty fortunate because i love my work. any thoughts that i wanted to continue selling it back and on it. before the administration really focus on the role dod can play. their energy security, but also what role they play. >> relators with renewable fuels. can you say about that. >> not just the three gigawatt renewable goal. the army has a net zero installation goal, which is energy, waste and water for a campus. they are testing five facilities and they've got 17 as part of this program. they are learning from those programs and this is the goal of 2020. nav is doing incredible work on biofuels. they have launched this last summer they ran an entire fleet on a blend of biofuels. so they've tested a lot of equipment and certified and they can do more

gm got to him. uncommon production from the men in red. maybe those singing words from george mcafee, lighting a fire under the team. washington putting 5 on florida. georgetown put it is in the hands of otto and they deliver. and gw sends the butler bulldogs packing. sports >>> now, here's dave owens at the wusa9 cadillac sports desk. >> well, when a coach criticizes players in the media, it's one thing. when a gm does it, that's when players have to get their house in order. soft spoken george mcafee basically called his team out friday saying we cannot keep playing this way, guys, too many penalties. tonight, florida in town visiting alex ovechkin. watch braden taking things into his own hands or stick. the goalie with the pass to troy brower. his fifth of the season. washington doing the work on the grass and joel ward, the flick of the wrist, 3-0 after two. back to ovechkin. his fourth. it's the first time the caps score more than three goals and they really only needed one because he was really a great wall of china in china town, if

gm got to him. uncommon production from the men in red. maybe those singing words from george mcafee, lighting a fire under the team. washington putting 5 on florida. georgetown put it is in the hands of otto and they deliver. and gw sends the butler bulldogs packing. sports next. some times the big plan doesn't work. and the perfect life turns out to be not so perfect. so you start fresh. new city. new job. new bank. there's a lot to figure out. so, i switched to suntrust. they moved everything for me. direct deposit, even my online bill pay... and suddenly, everything else just fell into place. switching to suntrust has never been easier. now, our dedicated team will do all the work for you. suntrust. how can we help you shine today? hey anon!! i'm b,e lk ath taste... i d urax. i thghyowe aaxxpt? majotastesdvti foprars toy,'m mteplbe withnoaxxpiee necear" aturta y oy taner frompa e otaatrns- l alaxxpts ..hah&blk or a alotr jotastes >>> now, here's dave owens at the wusa9 cadillac sports desk. >> well, when a coach criticizes players in t

from china. check out this headline, gm, general motors posting a record month for sales in china. stock up 2%. bring back phil lebeau on "street signs." talk to us more about what drove, excuse the pun, gm to this record moment. >> well, gm has always been strong in china. that's part of it, mandy. the lunar new year which typically falls in january is in february this year. as a result sales slow down around the lunar new year. that's not happening. this january more people in showrooms in china. not just general motors reporting strong sales in china. honda, nissan, a number of other automakers having positive comments pout what's happening in china. look at the market overall in terms of sales strength. that's what they did in january. nissan, honda, gm up 16%. look at, this guys. everybody says, sales are slowing down in china. no they are not. they are going to be 21 million vehicle sales in china this year. that's the estimate from lmc auto, that's sold around the world. the bottom line, off to a strong start in china service auto industry. it will be interesting to see how much it slows

from vitamin d as well. >> thank you dr. holly phillips. >>> he's the man behind at&t and also brought gm back from the edge.oth. the broth cooks trust most. ed it to emily who sent it to cindy, who wondered why her soup wasn't quite the same. the recipe's not the recipe... ohhh. [ female announcer ] ...without swanson. the broth cooks trust most when making soup. mmmm! [ female announcer ] the secret is swanson. it's time to get real about what happens in the bathroom. and start talking about what you really want from your toilet paper. it's time to talk about clean. feeling clean is so important. i use quilted northern. quilted northern soft and strong is stronger than the leading value brand, for a confident clean. i am a lash addict. the only thing stopping me? clumps. [ gasps ] meet new covergirl clump crusher. big volume mascara with a brush designed to crush. 200% more volume. zero clumps. new clump crusher. from easy, breezy, beautiful, covergirl. parentheses have a place but not on your face. juvÉderm® xc is the gel filler your doctor uses to instantly smooth out lines right here. temporary side eff

reports annual list of top car picks features eight japanese models and no domestic models from any of the big three, gme to fix this. in fact, we are now joined by lauren fix, the car coach automotive expert, joe is here with me, and so is wilbur ross. okay. i am going to read a couple. i want you to tell me, consumer reports, you may not agree with them. honda accord, lexus, subaru, mazda, nobody from detroit in the top half. what's up? >> i don't agree. i think there is a lot of politics involved. manufacturers want you to pick a side. is it black or white? make a stand. what is the recommendation? who is good? who is not? it is really difficult to do that. i write for aol autos as independent -- >> what am i missing? give me a for instance. >> missing for example i think the ford fusion is a phenomenal car. >> hold on. to be honest with them, they did test the ford fusion hybrid and they like it. they called it an up and coming car. actually i read this article. it is not my usual ball of wax but i read it and they did like the ford fusion. none of the other boys, buick, chrysler, ford, lincoln, chr

a big week is ahead as carl mentioned with earnings from coke, cisco, gm, whole foods and michael kors. >> nemo, watch the impact on business, ford at least said it should not have a major impact on february sales. >> the world is reacting to pope benedict's announcement that he will step down at the end of the month citing his advanced age. he's the first pope to resign in almost six centuries. >>> dell defends the buyout in an s.e.c. filing. they said the deal spearheaded by michael dell and private equity firm silver lake partners offers the best value for shareholders. three more of dell's largest investors are joining southeastern asset management. they believe the deal undervalues the company. david, we had this discussion on day one. it's been a while since it's seen $20. but it seems that's what they want. >> the buy outprice could make you to hope in some way you can at least get back to even. >> always bit a risk when you do a deal. even as it may be for a company that is facing challenging times, that is below the 52-week high. we knew it would likely be at that level. my re

he is recovering from his second tommy john surgery. he emphasized that the gm decides which players to sign and he can't say wilson will be back but he also said the door is closed on his return either. wilson most likely won't be signed till he proves he regained his arm strength. >>> a big new bridge deserve as big opening dash. question is, is it worth 5.5 million dollars? what we get, who pays what, still ahead. >> and in 20 minutes, how that sound of gunfire became the linchpin to gun law reform today at the state capital. mom, i invited justin over for lunch. good. no, not good. he's a vegetarian and he's going to be here in 20 minutes! [ mom ] don't stress. we can figure this out. ♪ [ male announcer ] get the speed to make a great first impression. call today to get u-verse high speed internet for as little as $14.95 a month for 12 months with a one-year price guarantee. this is delicious. ♪ [ male announcer ] save the day in an instant. at&t. ♪ >>> the the toll authority. ktvu's consumer editor tom vacar joins us live with who is paying for what, tom. >

from ethiopia declined by 50%. >>> and we know that the money received by allied financial and other agencies ally and gm and aig ackages from the t.a.r.p. money of more than $5 million even though they violated the guidelines of the bailout legislation. gm has yet to pay back $21.5 billion in taxpayer funds and a ally still owns $11.4 billion and we know that after seven seasons and four emmys we have to say good night to the rural juror. "30 rock" the show about a show was ridiculous and absurd and daring an funny always came first and fay and company took on the issues of corporate culture and it was not preachy, but jam packed with social sat ire. we don't know what tina fey's path is going to be, but we know that her path of comedy is well worn, and she helped to pave it forward. it was ground breaking not because it was created by a woman, but so damn smart that it was packed with so many jokes that you had to rewind to catch them all. sadly, we will all have to work on our night chews alone. let's start with hilda solis. >> i think that the debate is going to be healthy and i like what i heard today in ter

from the ravens for the last time this season. they are holding their annual season review press conference this morning at the under armour performance center. the president, john harbaugh and the gm will be at the event. the players have already been released for the off-season and they won't be there but we will hear from the management staff. >> i think ozzie should just walk out and say scoreboard. done. >> what else do you need to know? >>> well, like father like son. ray lewis iii is following in his dad's footsteps. so he is going to be playing football next year at the university of miami. >> he is going to the u.. ray lewis was with his son when he signed that letter of intent, take a look. >> always one of the greatest blessings ever for your son to follow in your footsteps at your alma mater. i told you you have every record in front of you. go break them. if my son breaks my records then the torch is passed. >> coming into this, coming into the year, is really exciting. i mean -- i'm definitely looking forward to being out there in miami and coach golden and going out with the players and just really making an impact. >> the retiring ravens' linebacker two time super b

gm five 1/2 billion they bought straight back from the government. mastercard at $2 billion.s saying these big companies feel like their stocks are truly undervalued? that investors are kind of missing a major point? >> you have to remember that stock values really haven't gone up in the last decade. we're arou the peaks at 2000. so there is a sense that stock values are not high enough. but also the companies that are very profitable and efficient doing the right things often don't have enough new places to invest their money in this very slow-growing economy. so they buy back the stock instead of undertaking organic growth. that makes raise is the stock values. makes the stockholders wealthier and that they go out and spend money that is good thing. dennis: you wish they would put more money into the dividend increases like the way home depot did 34 cents. the stock buy-back helps the company more. >> they get the cac in hand they will start to spend the money. in stock buy-back you raise the value. inrder to realize the gain they have to sell some of their shares. you don'

understood] and lynn [speaker not understood] from san francisco travel representing the moscone expansion district. dick [speaker not understood], moscone center gm, and edgar lopez city architect. and at this time we welcome your questions. thank you again for your support. >> thanks, john. thank you to all the speakers that came out today and for those other people that are here for support. and i would like to recognize supervisor kim who has joined us whose district this resides in. supervisor kim, do you have any comments or questions? >> i have a few comments. >> we still have a few speakers. >> i just wanted to say it's been a real pleasure to work with the moscone convention center and sf travel on this project over the last year. i know a lot of thoughtfulness went into this. clearly there is capacity issue with moscone and we know that this is an engine through which we are able to attract a lot of our tourism and our tax dollars here in san francisco. and this is why we support it by our hotels and our hotel counsel as well. what i'm excited about is moscone is in our neighborhood and we have many residents in the area and they've done

gm, coach john harbaugh and president answered questions on a variety of topics. first on winning the super bowl. >> proud of our guys beyond belief. organization from top to bottom, sideways, everybody involved, every face you see. you want to give them a big hogue. >> how many will always remember that win and be forever ravens fans. that's what i think is most important. it's building the fan base. having more and more fans think highley of the ravens. >> reporter: on joe's pending free agency. >> i'm coming away today thinking we can get a deal down. >> we both know we want each other. it's up to us to work that out. >> reporter: ed reed's future with the queens. >> i think if you watch them, over the course of the last eight or ten days he loves being here and i think we can use that to help make that relationship last longer. >> reporter: immediate needs. >> the middle of the defense. the one year we will focus on. >> that last seven million we have left is probably better spent on three veterans instead of one dynamic player. >> reporter: has ray louis earned a statue? >> i think he set himself apart in baltimore sports history and we will lo

from the financial bailout. the last time they said it would be 22 billion. charlie? >> the gift that never stops giving. >> ed whitaker of gmis coming out with a new book which is on my desk. >> rewe paid for that, too? >> i don't know. it was a reviewer's copy. >> really, this is outrageous! you cover the banks. we bail them out, we chastise them, beat them up in public, we fine them. but the people in the banks, they get richer! >> i believe the former treasury secretary jack lew should be in there at some point. tim geithner, he was probably one of the -- if you were a republican, you would see front page editorials, front page stories about how bad this guy was. not only did he mishandle the stimulus program, money being diverted away from construction, shovel ready projects, things like solyndra, he allows this to go on. i was for the bank bailouts. i thought armageddon was not what i wanted to see. financial armageddon, where there is no banks, no credit, you try to use your credit card, american express is out of business. that's ridiculous. but he's the guy that's supposed to make sure the companies are not just get

gm. >> josh? >> mentioned energy earlier in the show. get long ieo. i think it keeps going from here. >> the marblettes. >> thanks for watching. back here again at 5:00 thom for more "fast money." don't go anywhere. "mad money" with jim cramer starts right now. >>> i'm jim cramer. welcome to my world. >> you need to get in the game! >> they're going to go out of bit. he's nuts. they're nuts. they know nothing. >>> i always like to say there's a bull market somewhere. >> "mad money," you can't afford to miss it. >>> hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm trying to educate and teach, so call me at 1-800-743-ccnbc. >>> people like -- the s&p falling 7.3%, and the nasdaq climbed 0.68%. >> house of pleasure. >>> it's a natural instinct to fight given how immediate yolk are fights have been, but buy the dips, sell the rips attitude has been the way to go. the way to win since 2000, but it sure isn't winning now. you sold the rips, you sold a ton of stocks a long time ago. you don't have any stocks left. but the charts are

the big question, where do the markets head from here in below 1500 on the s&p. 23 members of the dow are down. home depot, gm, caterpillar all in negative territory. now of course, tyler, central stock story becomes einhorn. if you shift apple, arguably you could shift the market. though that hasn't been so true recently. >> you look at the fact that now some major barometers, of course negative for the month of february. with looming budget cuts coming in about ten days' time. well see how those affect us. great to see you as always, simon. that will do it for "power lunch." >> "street signs" begins right now. >> are you feel willing fed fear? have no fear. because we have your play book for what to do when the fed music finally stops. what gives with wal-mart? it is on the rise, even as earnings are guided down. we will dig in to the numberes. plus, google glasses. totally geek or totally chic? and jane, oil, wells, on what may be the biggest oil find that california has ever seen, mandy. >> brian wrs worst two-day stretch for s&p 500 in nearly two months as commodity prices are taken out back and given a

simplified the place. >> brian: how do you feel about people watching from afar and saying, you know what? why am i bailing out gmwas coming. what do you tell the taxpayers that i don't feel confidentable about what we did? >> first of all, i think we should pay the taxpayer back. but it was absolutely the right thing to do to bail it out. you think about gm, it's big company and it's a huge manufacturing asset. but you think about the thousands of suppliers and the thousands, tens of thousands of jobs with the suppliers, a bankrupt gm not only would have hurt gm, it would have terribly hurt with probably millions of jobs of the suppliers. so it would have been a huge effect. >> brian: what about the effect of the union having an ownership stake in that and people thinking, the union just got away with that and a lot of the investors and stock holders got screwed? >> the union was great in bringing gm back. they were cooperative. we got along well. they were a big part of making gm good again. >> brian: and i have a tahoe. so -- >> good for you. >> brian: i want to make sure -- >> i'm glad you do. >> brian: out o

gm brian sabsab. both are signed through 2014. >>> a new search gets under way minutes from now for four people lost atsea off the san mateo county coast. >>> and desperate for answers. the state department now getting involved in the search for a bay area couple missing in south america. >>> when working from home is a lot of home and not a lot of working, we'll take a look in business news. >>> and give you a live look from our san francisco camera. the waters look calm out there. we're back in just two minutes. first, this golden moment from the academy awards. >> it came true. >>> happening now, the search intensifies for two adults and two children lost at sea for more than 12 hours now. this morning the concern is how long the family could survive in the frigid waters about 65 miles off the coast of pillar point near half moon bay. "today in the bay's" bob redell joins us live at the coast guard station with something that's happening right now. good morning, bob. >> reporter: good morning to you, marla. coast guard about to send out more assets by air. now that the sun is up to join in their sea