g.e. capital is comparable to being the seventh largest bank in the u.s. reportedly g.e. could sell off 16% of the lending business, even though it has been a profitable division for the giant conglomerate. >> susie: but doesn't look like investors were impressed tom. g.e. shares rose only five cents, and the stock is still stuck below the critical $20 mark. >> clearly kind of a broad sell-off today, the marcus focus shows that spanish bank bailout that really didn't did encourage stock buying today. instead we saw the major indices sink into the closing bell. the s&p 500 saw its best price of the day right out of the gate. it hovered around the unchanged mark until early afternoon. it closed near its lowest level of the session. today's drop continues the s&p 500's trend of lower highs since april. the index is up 4% on the year. volume: 739 million shares on the big board. just under 1.5 billion shares traded on the nasdaq. as a sign of the market's worry over europe, nine of the ten maj

out with g.e., in with kabletown.seems like one of us should sing the circle game right now. - 30 years at g.e.-- now it's on to phase two. i'm like keats' "stout cortez," staring at the pacific with a wild surmise and daring to imagine what... new planets might swim into my ken. - so will we be getting new employee i.d.s?

g.e. stocks he held for 12 years. right before he's about to filibuster a bill that will help g.e.sells $50,000 to $100,000 of stocks. then they torpedo the bill and then golly gee, how did i make money off of that? and then finally let's go to congressman michael mccaul. there is a food and safety bill in front of him in 2009. it was going to help thermofisher scientific. so he bought stock to the tune of $286,000 to $290,000. will you look at that, thanks to representative mccaul and the republicans, the bill passed. boy, this is a lot of coincidences in washington. lookslook they need to be neutral and they need access to them and they need to be called out. we're here to call them out. they do this on purpose. they are deeply corrupt. this is the tip of the ice beggar. this is their own accounts of what they're dealing with. to get elected they need big campaign contributions from corporations and big donors. they'll do whatever those donors ask them to do. they're petty little people. they're not principled ideological people who are having debates. they're corrupt and scared

ferritto wound up with the g.e. credit card called carecredit. >> they never mentioned or explained about a lot of interest, high interest-- never. >> look at this-- look, look look. >> o'brien: carecredit began charging mrs. ferritto interest as soon as the credit card was issued, even before much of the work had begun. >> so as soon as she got approved for that credit, those charges and that interest started to accrue at that second, before she even left the dental office. and so we feel like she was really taken advantage of, just in that regard alone. the potential payment over five years would have been close to $12,000, and she initially came in for the excision of two teeth. >> o'brien: allan ferritto called the aspen dental office to try and get his mother off the hook. >> the girl at the office says, "well, you know, your mother came in here and she was very happy with our treatment plan, and she told us that she wanted a hollywood smile." >> i was confused, i was really confused. and then i realized, until i got home i realized, oh, what i put myself into. this, this! i feel lik

what is g.e.? general electric. that takes you to $4,400. you have twice as much money as eddie.s the one who has the big lead. she has a total of $9,000. eddie goes first when we come back. closed captioning sponsored in part by... time now for double jeopardy! and eddie gets to go first with these categories in play... ahh... "side" in quotation marks... not "dessert." eddie. apps for $400, please. what is kayak? apps for $1,200. what is a mixologist? drinks, $400. what is rum? apps for $800. what is paypal? drinks, $800. what is margaritaville? i need another drink for $1,200. okay. what is "tequila sunrise"? drinks, $1,600. what is vodka? you're gonna get the wrong idea about me. (laughter) drinks for $2,000. i got that a long time ago. (laughter) correct response-- "whiskey in the jar." kathy, you're glad you missed that one. yeah. (chuckles) go again. "side" dishes, $400. what is a sideshow? apps for $1,600. what is motley fool's? "side" dishes, $800. what is a sidearm? apps for $2,000. what is "plants vs. zombies"? for $2,000 more. "side" dishes for $1,200. and, aaron, kat

." >> o'brien: the credit cards aspen offers are backed by major corporations like g.e. and are used widely by dentists. according to moody's investors service, one key to aspen's business model is that it gets paid by the credit card companies in advance for the patient's entire treatment plan the moment aspen signs the patient up for the card. >> o'brien: so this is an important part of your business. the third-party financing is key. >> i would agree with that. it's absolutely key to providing the solution for these patients. there's no doubt about it. because, again, they're struggling to get through life, and so it does become an important part of the solution for them. >> oh, what a nightmare. >> o'brien: theresa ferritto, who's hearing-impaired, signed up for a credit card after going to aspen to get two teeth removed. >> mom's 87 years old, and she's in pretty good shape for her age. she's pretty sharp. and she comes rolling into aspen dental prepared to have these two teeth removed. but, much to her chagrin, she found out that they wanted to do a whole makeover of her mouth-

that g.e.s could have new and different risks such as hidden allergens, increased plant toxin levels and the potential to hasten the spread of antibiotic resistant disease. but those concerns were quickly pushed aside in the name of biotechnology progress. their concerns were not however, unfounded. in may 2012, a landmark independent study by canadian doctors published in the peer-review journal "reproductive toxicology" found that toxin from soil, bacterium which had been engineered into b.t. corn to kill pests was present in the bloodstream of 93% of pregnant women as well as in 80% of their fetal cord blood blood. in the wake of this study action is being taken. in three days, on june 17, the american medical association will consider resolutions that ask for studies on the impacts of g.e. foods and labeling, resolutions calling for labeling of g.e. foods have already been passed by the american public health association and the american nurses association. there is a great need for this in

>> don't pick out g.e., are you prepared to say we ought to get rid of the loopholes-- >>> i supporttax. do you support that, national sales tax? not on top of income tax? >> well, i know. you are not going to do away -- the republicans at the house, they haven't introduced any bill at all to deal with the tax. >> sean: paul ryan dealt with the entitlement reform and it was a paul ryan look-alike throwing granny over the cliff. >> they threw a lot of republicans over the cliff with it. >> sean: you haven't lost your sense of humor. i heard you just got out of the hospital. i am glad you are feeling better. >> i am. keep those invitations coming? >> they will come. you may regret t. coming up, rick perry and stewart varny and two men at the center of some of the best-known scandals ever at the white house. lanny davis and oliver north. here to talk about the growing storm, the cloud hovering over the white house, straight ahead. ♪ ♪ ♪ [ male announcer ] the jeep grand cherokee has won more than just respect. ♪ with less chronic osteoarthritis pain. imagine living your life with less c

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our friends from g.e. i think are on line for building a new solar energy product out in colorado that is going to be -- add good parity by 2016. and we've actually had the ability to use natural gas, to not just supply coal, and make emissions, but utility plants to be cleaner and safer, more environmentally friendly. al

but perversely this party you're talking about this or a g.e. that ended and nobody wanted to pay the bill have and that party all distracted from the horrible spending origin in the u.s. allowing the u.s. to continue borrowing at one point five per cent has that helped the u.s. yes it has it has if that's exactly what you have is it will if you know how to. spain greece portugal at least those three countries are going to exit the euro ok let's say for the sake of argument that three countries exit the euro now you're going to have a call in the value of the euro probably even which part if not below par that is you know ninety cents american will buy you a euro or something along those lines now when this happens there is going to be a tremendous capital flight a flight to safety from european assets to dollar denominated as. the most common dogman dollar denominated assets is of course u.s. treasury bonds so it is going to happen with this huge demand for treasuries as europeans flee the euro in order to safeguard their capital of the evils o

athens is that marfan popular bank which is part of marfan investment group there's a joke that my g.e. which they referred to the company as it stands for money is gone now greek banks require thirty to fifty billion euros in bailout and this guy vege enough pulis denies any wrongdoing but his travails shed light on a factor largely overlooked in the narrative of the greek economic crisis which is now threatening to force out the out of the euro zone and unravel the currency along with the debts many greek banks built up by lending to each other and to associates so max once again with this benke m i g we see a golden circle of friends in this case the golden circle includes a group of monks. what yes that's a group of monks max mark from popular bank was a major lender to an order of greek monks who received swathes of prime state owned land in sweetheart deals and who in turn bought shares in m i g a greek parliamentary inquiry alleged serious conflicts of interest and how bank loans were used to finance my g.'s wider activities and max this group m i g bank they loaned apparently t

we've known in the past they're intricately involved with government entities drafting policies i mean g.e. owns and as n.b.c. so you look at just kind of the lawn of who owns these media top down corporate entities and they're kind of intricately involved in these government policies the reason why the mainstream media doesn't cover it is just that i mean you can say that they're complicit in whatever is going on in there that's a lot of what the protesters are saying the problem is that when the mainstream media does report on it they had it in previous years but this year you saw it kind of eating into the headlines and they just kind of use the term conspiracy theory and dismissing all the protesters that were there as conspiracy theories which is really just a lazy way to kind of just shut down the dialogue when really there is something going on the guardian charlie skelton was covering it very comprehensively and giving it very fair coverage and reporting on it so it is interesting that foreign outlets have been covering it and say you know this is an important event when one hundre

work for a media outlet own and controlled by a weapons contractor and b c n m s n b c is owned by g.e. or owned by the us and british governments like the b.b.c. stars and stripes as well as the voice of america or how about owned by rupert murdoch and a saudi prince aka the benefactors of the wall street journal and the so-called fair and balanced and journalistic stylings of fox news or what about the banking corporation with longstanding ties to right wing governments that fun politico how about for profit corporations whose profits depend upon staying in the good graces of the us government or by loyalists to one of the two major political parties in the u s. but it's apparently a violation of journalistic integrity to run a media outlet own by the russian government where did that rule come from remember it's not our t.v. that sat on the bush wiretapping story for a year or disseminated government propaganda aiding this country into an illegal and immoral war that was the new york times now i work at the station not because i'm trying to advance the interests of russia but becaus

for example, g.e., one of the leading engine makers for airplanes, has to do some of this work in china, so, too, with pratt & whitney. they're hoping there will be some kind of organic development, if they do more of that stuff there people will get richer. that's where i think the buying is going to come or the test. the countries that now have this kind of industry-- european countries, the u.s., japan-- they also is a certain kind of liberalization in their internal society that china doesn't. so the question is will china be a new model or it will have to change itself? >> rose: okay, but are you saying in another way in order for china to achieve these economic objectives it has to have a liberalizing of its culture? >> that would be a good way of putting it. i wish i thought to put it that way 30 seconds ago. the reason that's worth stating as you have, if you were interviewing henry kissinger and others 40 years ago, they might have said as china prospers it will become more democratic. maybe kissinger wouldn't have said that but a lot would. it's not true. it has not become mor

. >> this weather report has been brought to you by g.e. >> thank you. >>> coming up on "good morninga," why kim kardashian says her brief marriage actually led to changes for the better in her life. a sneak peek at her new oprah interview. >> calling it an epiphany. >>> plus, is it too soon to start lining up? new details about the next chapter in "the hunger games." keep it here. chapter in "the hunger games." keep it here.ra-filtered wate hands-free dispenser, r and micro-climate controls powered by twinchill™ technology, the new ge french door refrigerator is engineered to push the limits of fresh. so to prove it, we're taking one from the factory in kentucky and delivering it full of fresh food to a place fresh can't be found. ♪ easy. [ male announcer ] watch the adventure at freshpedition.com the moisturizer in other body washes sits on top of skin. only dove has nutriummoisture, which can nourish deep down. dove body wash with nutriummoisture. superior natural nourishment for your skin. dove body wash with nutriummoisture. sears one day sale is saturday with friday preview get

. >> that was former g.e. chairman, as if he needs an introduction, jack welch.rding to a recent poll only 29% of americans say they have a great deal or a lot of confidence in the u.s. education system. that's a historic low. who's to blame? how do we fix this threat to our economic strength and prosperity? with us now is the former chancellor of the washington, d.c. public spills michelle rhee, founder and ceo of students first. >> thanks for having me. >> far be it for me to quarrel with mr. welch. he was my boss's boss's boss. he tends to lay much, maybe most of the woes of american public education at the doorstep of the unions. is he right about that? >> i don't think there is any one cause for the problems we face in public education today. there are, quite frankly, a lot of opportunities. i have gone to battle with the unions myself on a lot of issues. we recently, just as an example, saw some really historic legislation in connecticut. where the unions actually allotted this legislation and we think it is a good start as well. we recently sent a letter t

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bachus made money trading general electric stock during the crisis, and a third of g.e.'ness is in financial services. during the healthcare debate of 2009, members of congress were trading healthcare stocks, including house minority leader john boehner, who led the opposition against the so-called "public option," government funded insurance that would compete with private companies. just days before the provision was finally killed off, boehner bought health insurance stocks, all of which went up. now speaker of the house, congressman boehner also declined to be interviewed, so we tracked him down at his weekly press conference. speaker boehner. you made a number of trades going back to the healthcare debate. you bought some insurance stock. did you make those trades based on non-public information? >> john boehner: i have not made any decisions on day-to-day trading activities in my account, and haven't for years. i don't... i do not do it, haven't done it and wouldn't do it. >> kroft: later, boehner's spokesman told us that the healthcare trades were made by the speak

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it's hard for me to explain how they pay 36% and g.e. paid nothing. and i'm not faulting g.e. me wrong. that's exactly what the tax code currently says. that doesn't make it right. it doesn't mean we have an obligation to leave it like that in the future. i look at it as an opportunity for us to bring equity. but as we bring equity, why don't we bring everybody's obligation, their rates down? it's time for u -- us to do away with loopholes and deductions, to flatten the rates for everybody, to broaden the participation by more americans. you know what? if we do that, we'll be like a magnet for global capital. what's it take to create jobs in the united states? it takes an investment. reform the tax code, flatten the rates, broaden the base. you'll attract capital that will flee to america and create jobs like we've never seen, at a time where the world continues to try to figure out how to get out of a hole, we have got an option to do it. i'd like to yield for a second to the -- a senator: unanimous consent? mr. burr: absolutely. mr. harkin: i ask unanimous consent that senat

today alter the weekend >> all that weather was brought to you by g.e. oh, josh? get to "the bachelorette." flying beach balls. who will win her heart? what do you say we take a sneak peek at monday's episode. >> thank you. i've been thinking all day about who i would send home tonight. i'm sorry. i stand here and i start to second-guess my decisions. there's just a part of me that just doesn't trust them. like, what else am i missing? who else in there isn't all about me? >> should she pick sean? >> yes. we love sean. >> you'll have to find out what happens, monday, 8:00, 7:00 central, on abc. >>> and coming up next, maggie gyllenhaal, talki >>> oh, "wake up maggie," like you haven't heard that a time or two in your life. we're delighted to have acclaimed actress maggie gyllenhaal with us. now, she's starring in a new comedy called "hysteria." please welcome, i know you want to, maggie gyllenhaal. it's great to have you here, maggie. seven weeks ago, you welcomed your second daughter into the world. seven weeks ago. are you getting any sleep? >> yeah. i mean, it'