>> as the great point and goldman is crushing it in m and a this year.ut it is a diverse organization and investing in lending, debt issuance, debt trading have all also been important categories for them. and i'm anticipating while m and a will continue to be strong those areas will weaken in 15. i've actually continue to recommend some of the smaller pure play m and a guys because they are benefitting from what is going on in m and a. and they are probably right benefit as is goldman from restructuring activity in energy into 15. >> real quick question from john here. i'm wondering whether or not since most of these folks that are tapping the high yield markets are not going to banks and are not going there because we can't get money from bank. aren't we looking at the situation with still high yield and they are just going to be paying more? >> a fair point and remains to be seen. the challenge for the high yield market is it's pretty much just yield energy. so it's weigh on all high yield prices. and typically you start to see high yield outflows and

interested in participating in the loan with goldman sachs. so as you know, we have a tifia loan, that closed in 2010, and this is and the state owned parcel and over time, over the next 36 years, until 2050, it is expected that this will generate over 950 million in revenue, and it is a great long term repayment source, for a long term loan like tifia with a 35 year plan and, we have a rating for a 35 year loan with tifia and it is not a mature, credit, yet. though. and we received our first tax increment this year, about a million and a half dollars over the next four years, until 2018 and it has paid it that we will collect about 9 and a half million in net tax increment and so not enough to go out for a short term loan. on our own and be solely backed by tax increments. and the tifia loan does have conditions for disbursement and the two key conditions are selling 429 million dollars worth of the former state owned parcel and we are at 222 million now with the sale of parcel t, last year and 2013 and the block, 6, 7, this year and we antic

goldman sachs jumping around $3.91.and pfizer, we've got j&j and american express rounding out the top five. sony, ticker symbol sne. the hack attack seems to grow more mysterious and confounding by the minute. first it was leaked movies and computers that were essentially left for dead, then all of the fingers pointed to north korea. that was then followed by a few new theories that it could have come from inside sony, an inside job. now we have learned that hackers leaked the social security numbers of more than 47,000 current and former sony employees. that would include a bunch of celebrities like sylvester stallone. adam shapiro's been covering the story. adam, this is all hurting sony. the stock is basically at a 52-week high, and i'm just wondering if that movie, the interview, about the north korean leader and how there's an attempt to kill him might make everybody want to see that. >> we've talked about it on almost every program on fox business and keep showing the clips from it, so, you know, this is one of t

goldman sachs, the big surprise there.ut, you know, the only major wall street firm underwriter involved in this. black rock, larry finks biggest money management firm. fidelity investments is involved. kleiner perkins is the big vc firm. they brought many of the sort of technology firms public. they make money by -- by -- ashley: the value goes up on the ipo. charlie: that's who is in it. you hear a lot of talk on the street is that uber, if they do an ipo, and a lot of people think they will do it. ashley: they don't need the money. that's not the point. charlie: the point is all these guys cashing out. who has the ability to underwrite this and get the money in the pocket. morgan stanley will make a huge play for this. this thing is increasingly focused on goldman sachs. goldman sachs got involved in selling, not only do they own a piece of uber, that convert i convertible. they said it was a lame deal for investors based on the risks involved in it and how it was priced. but goldman sachs still took it on. still sold i

goldman is the right hand. i could not define it was breathtaking. could it have it have been in worse hands already? this stuff had to do with high-frequency trading which at that time no one had ever heard of. a of. a term that was in the newspapers without much explanation. so it took me a couple of years before i came around to actually doing the story, but when i got into into it i realized that i needed a primer. i called friends on wall street, people who were investors and said, do you no anybody. very weird leader is this canadian guide. you're not going to believe what he we will tell you. he you. he is the only guy who is not an area 51 guy. i went to find for background, the magazine piece of his doing. doing. a couple of days into it i realized with him that i was pleased to a knew magazine piece. the russians, there was a book. it was a question about persuading him to do it in persuading him to let me move into his life, which i did for a little more than a year. that is how it came about. >> about. >> is it a small., but i am wonderin

>> julianna goldman on a controversial case before the supreme court. >>> black friday shopping is down big. jill schlesinger will break down the numbers. carter evans on the man behind the hug. >> as a photographer you will get that scene, it's powerful especially what's going on now. >> this is captioning sponsored by cbs this is the "cbs evening news." >> glor: hi everyone i'm jeff glor. the wait has been too long, the rain may be too much. in the midst of a three year drought, the rains have come. in federal way washington. glendora, some places in northern california could get a half a foot or more. it is the biggest storm to hit the coast in nine months. eric fisher is chief meteorologist at wbz. what is happening out there? >> a storm system showing itself on satellite, but swinging monday night into tuesday, heavy rainfall all across california nor cal to southern california. it will be ongoing as we head into wednesday. the rain is a good thing for a place that has seen a lot of drought, however keeping an eye on flooding, mudslides, burning areas, widespread one to three inche

goldman? >> thank you, members, especially chairman and ranking member for inviting me to share my story with you today. i am one of the millions of americans who thanks to the affordable care act have been able to pursue goals free from the financial and physical implications of staggering expensive health insurance or in many cases no coverage at all. these reforms have helped ensure many americans won't have to weigh debt or something as simple as food for their children against access to the most base ic healthcare. i hope my words serve as a reminder of why the aca has improved the well-being of individuals and families across the country. i grew up outside of boston and stayed in new england for college. my 20s were a decade of exploration and change. in that decade, i had the freedom to switch careers twice, experience love and heart break and revel in excitement and opportunity. at the same time, i watched friends become burdened with unforeseen medical emergencies and forgo access to

jpmorgan, goldman sachs, morgan stanley.these bankers are telling us at firms, if and when they do go public it looks like they will pull a page out of alibaba and not pick a lead underwriter. probably do the thing that alibaba did. everybody's lead. we want relationships with all of wall street. and maybe someone does the processing part of the underwriting but, no one gets paid extra. this thing will, this thing is going across wall street. because if you think about it, this is a company that startup, alibaba made a sort of interesting splash with its ipo. everybody now likes alibaba. >> right. look at what alibaba closed at. >> if you think about old days you used not to pick morgan stanley and pick goldman, sometimes morgan stanley analyst -- adam: i don't want to do business with that guy. >> morgan stanley analyst gave you sell rating because they didn't get the deal and goldman would give you a buy. this is kind of an interesting thing. you spread the wealth. everybody is positive. everybody comes -- adam: i pulled u

d for equity let's bring back goldman sachs.ndlook at the equity index they are dominated by energy companies. >> it is difficult. the global growth is key. it is a positive overall. you are right about the large weight and the mining companies, as well as. commodity prices are coming down. it is a risk to equities. there will be another week year of earnings. mining is coming down. the oil sector is down 10%. it will move in the next few days and weeks. ?> is that one of the biggest i know we are throwing numbers out there. we have a drop like that. there is an impact on earnings. price, youthe oil think it would come down further. ultimately, it will take time to come through and it will be a hit to earnings. it may be positive for 2016 or beyond. with oil prices going fast, you have expectations in oil prices and, if they continue to fall, expectations may come down matter ifd it may not the expectations are running at 3%-4%. they are running lower and are deflation expectations. that can be a concern. it will push the tensio

. >> goldman for uber. why is it doing that? in preparation from ipo, from bankers, every firm, are now pitching uber for an ipo. we should point out that goldman did a similar thing with facebook. private placement with private clients randgold man as you know, became one of lead underwriters. might have been facebook ipo. second lead after morgan stanley. this is interesting deal. this means that uber is clearly, at least according to bankers going public at some point soon. goldman clearly, doesn't work for free because it likes to work for fry. it is working what we understand, nearly for free on this deal. it is preparing to be the lead underwriter on this upcoming ipo. a lot of people think over next year. we should point out neither goldman will confirm or deny this report. uber did not return a phone call. melissa: is this bullish to you. >> absolutely. great news story. uber, first of all, headline news story. will be a wonderful ipo. expect them to raise billions and billions of dollars, great especially when they're e

julianna goldman, cbs news, washington. >> axelrod: and that's the "cbs evening news."t pelley, i'm jim axelrod. for all of us here, good night, merry christmas, and we ave you with a look at the national christmas tree in washington. captioning sponsored by cbs captioned by media access group at wgbh access.wgbh.org ♪ >>> ever wonder how the stars celebrate the holidays? >> we have you covered tonight on "e.t." ♪ >> we're going to go to my parents' farm and hang out and cook. an italian christmas and none of us are italian. >> the kooblging, the traveling, the stars do it too. >> i'm getting out of l.a. >> we got a 2-year-old boy at home. we're going to shower him with presents and be at the grandparents' home back in washington state. >> some have other plans. >> stay as far away from your family as possible. once my mom is halfway through a box of wine, she's uncontrollable. >> we're talking to idina menzel, dishing on her holiday album, moving on from her split with taye diggs and is there really a "frozen" backlash? >> parents are sick of me. >> this is going to ge

in 2011, goldman let wealthy clients invest in facebook ahead of its ipo. perhaps this is just a repeat of what it offers its clients. access to these high flying tech companies before they go public. >> absolutely. we've talked about the value for uber being probably -- on the headline number. but still, it comes to the ipo. we don't get to look into the details. i don't know. they already have been able to do that. >> and, obviously, it doesn't even need to go public at this point given that it's raising monies from private wealthy investors and gold man sax. >>> is it a name that you would like to consider get intoog your portfolio if and when it does eventually ipo? worldwide@cnbc.com or via twitter @cnbcwex. >>> now, the markets may have taken a breather on monday, but there was such plenty of m&aif action. >> good morning, wilfred. computer chips and industrial houses are making their way into the news today. a 12% premium to monday's closing price. the deal will give shareholders of both companies a 50% stake in the combined firm. cypress makes press

goldman sees a scenario here.also think that free cash is going to be very strong for several more years. they are going to keep on buying. >> i wonder how much depends on sequestering. mccorey upgrading stars to outperform. do you watch it? >> i do not but i will start, i guess. it lost its premium yesterday which is basically saying they had a big drop in share price which was after the quote that cbs is not interested in buying them. they believe the occasion may not last long. they also have an upside scenario of $42 if they get acquired. starz so far this year has been under performing. >> we saw that cliff right there. >>> now to talking numbers, daily look at a stock from a fundamental and technical perspective. we will talk starbucks and the technical aspects of making espresso. >> froth the milk. >> let's start talking numbers. will slavery -- will slaben on the technicals. >> as far as the analysts say yesterday they evolve around a five-year plan laid out well in terms of doubling by 7% a year. they hav

that's the word coming from goldman.ost no fees to cozy up to uber to get a lead underwriting spot on the ipo when it comes. when it you talk to bankers, there's no exact timetable. anywhere from the next year to 15 months, this will be the next highly anticipated big ipo that wall street is killing themselves over. we got an interesting quote from a banker who said, you know -- here we go: there will be something that will happen where the bank crosses a line trying to win. that's not the quote i wanted. liz: that's a good one though. what do you mean? let's give the uber executives a free spin -- charlie: it's not the quote i asked for. i don't know why they didn't put the right one in there. there's a lot of, you know what, kissing going on between wall street -- liz: prpro bono, they're going o work pro bono. >> goldman is basically working for zero. liz: have they ever done that before. charlie: you know, i don't think so. i can tell you that the competition is fierce. every major bank is now pitching itself to do s

goldman, i want to thank you for being here today.ou'll r i'm glad you're working and pursuing your screams dreams. as a result of the aca it is a fact that insurance companies can no longer discriminate against people like you or charge exorbitant rates because of your preexisting conditions. how do you peel about that? i think it is important for people to know what that means. we hear a lot of times the negative stuff, particularly in this committee but it is good to have somebody who has benefited from this. can you tell us how that makes you feel? >> right. i, this isn't something i had thought about before, all this, before i really left an employer that gave me benefits. because, it wasn't something i, i thought was an issue. i took that for granted. i think a lot of people take that for granted. the health care coverage i had growing up and young adult in my 20s was great. when i decided to pursue something different, something of my own making, something very typically american, and i no longer had coverage i, it came as a sh

and juliana goldman with a reminder of the joy of giving. >> it's overwhelming when you think about kid after kid after kid opening up christmas presents. it's great. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> axelrod: good evening, scott's off tonight. i'm jim axelrod. this is our western edition. we begin tonight with the weather and a violent storm system that struck just as millions were preparing to celebrate peace and joy. tornadoes killed four last night in mississippi. columbia, mississippi took a direct hit. buildings were torn apart. this is what's left of the showroom at one business. hundreds were left to pick through belongings. the system is heading up the atlantic seaboard and causing major problems for holiday travelers. jericka duncan begins our haterage tonight. >> reporter: the tornado that hit columbia had winds that reached 165 miles-per-hour. it damaged more than 70 homes and businesses and knocked out power to thousands. pastor mike dykes and his wife sought shelter at this gas station as the twister barreled down on them. >>

goldman sachs also came out. if rates remain low, they say, equity returns can exceed their forecast and go to 2300. there seems to be a give and take that the fed will really do this in mid-15. >> i still think the majority of the investors and analysts believe it's going to happen in 2015. that's our game plan. if it changes we will change too. >> laszlo, quick question. talking about rates, that's where everybody starts to look towards the financials and out of the curve and looking at 2015, mid-2015, where do you stand on financials? are there sevcertain financialsu like over others? where do you look? regionals? >> in the year before a rate hike, financials will underperform. so that would be my starting point. then i would look at video stocks. we own some of the brokerage firms. we have a lightweighting in banks. his storically in long duration bull markets, 45% of the gain the financial stocks make, they make in the first two months. even though out five years, 40%, 45%, of the ultimate gain is early on.

they seemed to go soft on goldman sachs, is that a fair interpretation? and how does the fedex plain it? >> well, it's interesting. it's not our interpretation. in 2009, the fed brought in an outside consultant to do a top-to-bottom review of their supervisory practices involving big banks and the outside consultant found the new york fed was too deferential of the banks it was supervising and there was a climate of fear. he basically said the culture of the new york fed was the biggest obstacle to completing its mission. so we sort of viewed that as a baseline to then look at what these recordings showed and what they seemed to demonstrate is not a lot had changed since the consultant's report in 2009. >> woodruff: how does the fed defend its actions. >> william dudley said in a hearing that you should judge us on the fact the banking system is stronger since the financial crisis, that there hasn't been another crisis since 2008 and that is evidence we are doing a better job. but there have been a number of incidents, not just our reporting, but others'

interested in participating in the loan with goldman sachs. so as you know, we have a tifia loan, that closed in 2010, and this is and the state owned parcel and over time, over the next 36 years, until 2050, it is expected that this will generate over 950 million in revenue, and it is a great long term repayment source, for a long term loan like tifia with a 35 year plan and, we have a rating for a 35 year loan with tifia and it is not a mature, credit, yet. though. and we received our first tax increment this year, about a million and a half dollars over the next four years, until 2018 and it has paid it that we will collect about 9 and a half million in net tax increment and n

he's very close with gary cohen, the president of goldman sachs. liz: how convenient.ve a good reputation for dealing with sports. charlie: yeah. and they've spoken recently, him and gary. i believe jeter spoke at a goldman sachs media conference or technology conference a couple of weeks ago. clearly he's had meetings with goldman which is where i'm getting this from. nothing is for sale. marlins aren't for sale. really nothing to buy right now. but he wants to buy. until he does buy, this player's tribune.com seems to be where he'll put his time and effort until his team comes. liz: maybe he can fix the cleveland indians. >> impossible. liz: everyone is mean about my indians. charlie: what is the deal with indians. liz: go browns and take the indians with you. all right. charlie: how much do you like jeter? jeter is worth from what i understand $200 million. when you talk to wall street guys, they love the guy. he's got plenty of money to invest. he doesn't have any wives or kids nor anything. he doesn't have to -- liz: to buy the cartier diamond timepiece. charlie:

juliana goldman and jericka duncan report from the demonstrations in washington and new york. bigad shaban shows us the west coast cleanup as heavy rains, mud slides and even a twister caused major messes in southern california. hold the whole grains and pass the salt-- congress gets set to roll back rules for healthier school lunches. mark albert reports. and would a fish by any other name taste as sweet as carp? >> can i have another piece? >> axelrod: barry petersen on the name change designed to turn this bottom feeder into the catch of the day. >> i said, hey, if you can't beat them, eat them. captioning sponsored by cbs this is the "cbs evening news." >> axelrod: good evening. i'm jim axelrod. and this is a western edition of the broadcast. after the grand jury in staten island chose not to indict a police officer in the chokehold death of eric garner, civil rights leaders, also disturbed by the events in ferguson, missouri, called for a national day of protest. from new york to oakland and dozens of places in between today came the response. thousands of protesters dema

goldman sachs selling its embattled metal storage unit to geneva.r headlines for "power lunch." >> the war over hepatitis c is heating up and it is bad news for one stock tanking double digits. we will tell you which one it is and why. >>> happy monday. brian is back in the house from midland, texas. he will be telling us what one oil company ceo is asking that is really shocking and potentially has huge implications for the whole industry. >>> the final christmas count down. it is on. we will take a look at holiday winners and losers. "power lunch" returns after this quick break. [ male announcer ] your love for trading never stops. so if you get a trade idea about, say, organic food stocks, schwab can help. with a trading specialist just a tap away. what's on your mind, lisa? i'd like to talk about a trade idea. let's hear it. [ male announcer ] see how schwab can help light a way forward. so you can make your move, wherever you are. and start working on your next big idea. ♪ and start working on your next big idea. dave, i'm sorry to interrupt...

goldman's making a lot of noise on restaurants.urprising because, while i candidly love starbucks, potbelly polled -- ever been to potbelly -- any place says you'll get fat -- isn't that like the potbelly, does that make you feel like wow. >> i'm going to go there. >> a couple doors down here. >> i know. it's crowded. not a selling point, potbelly. try to avoid that. six-pack, there a six-pack? >> no. good idea. >> that's my place. >> launch that next so bar san miguel. >> i may have to do that. >> six-pack weekend. >> tiequilatequila's low on cal >> dunkin', i don't know. sell on yum. i fine these analysts downgrades have so far proven to be not that grade in general given where averages are. >> yes, yes. >> market carries everything higher. >> on the flip side, ebay does get upgrade over steeple to buy. >> i thought a lot there. >> giant in e-commerce, not amazon but ebay. >> get some paypal. >> the important thing going on, some believe paypal will be challenged significantly in term of competent significance, whether a part of

goldman's top oil analyst predicted in march 2008 that the price of a barrel of oil was going to $200 predicted $150 a barrel. both companies declined our requests for an interview but maintain that their oil businesses are completely separate from their trading activities and that neither influence the independent opinions of their analysts. there is no evidence that either company has done anything illegal. is there price manipulation going on? >> i-i can't say, and the reason i can't say is because nobody knows. our federal regulators don't have access to the data. they don't know who holds what positions. >> why don't they know? >> why don't they know? >> yeah. >> because federal law doesn't give them the jurisdiction to find out. >> it's impossible to tell exactly who was buying and selling all those oil contracts, because most of the trading is now conducted in secret with no public scrutiny or government oversight. over time, the big wall street banks were allowed to buy and sell as many oil contracts as they wanted for their clients, circumventing regulations intended to limit

our investigation which focused on goldman sachs, more began stanley and j.p. morgan chase -- by the way, i ask unanimous consent i be permitted to proceed as if in morning business for five minutes. the presiding officer: without objection. mr. levin: is the subcommittee's investigation found these banks involved in a breathtaking array of physical commodities activities. they own coal mines and oil pipelines, power plants, massive amounts of copper and aluminum and even uranium. we asked multiple aspects of financial holding company involvement with physical commodities including the nature and extent of those activities with the attendant risks such as the threat to bank's safety and soundness from a catastrophe along the lines of the b.p. oil spill in the gulf of mexico. we also examined the impact of those activities on consumers, manufacturers, and markets. one key area of concern relates to possible price manipulation and unfair trading. what we found is that involvement in physical commodities gave these banks access to important nonpublic information t

goldman likes the more reasonable valuation, less demanding expectations on the stock. they like grub hub. the ticker is grub. they removed price line.com from the conviction buy list. >> monster beverage upgraded to buy. >> target boosted to 110. about 20% more upside on what has been a red hot stock. the same call upgraded boston beer to a buy. when it is beer we tell you twice. >> upping to a buy. >> you're the fashion. are crocs acceptable to wear? >> i did have a pair. they were wonderful for padding around in the australian beaches. >> $16 target on crocs about 20% upside. the analyst says it is about the man and the product because there is a new ceo who has 20 years of foot wear experience. they are optimistic. >> now for today's under the radar name above the clouds. it is spirit air. i love the ticker. >> believe it or not they are walking on air. whoever thought they could be so free. nearly 20% upside. 15 analysts cover spirit air. average target slightly higher than 92. >> before talking numbers i like to do a couple of shout outs to people who tweeted in.

julianna goldman, cbs news, washington. >>> coming up on the "morning news" now, a bedtime warning. a new study finds that most parents are putting infants at risk when it's time for sleep. >>> and a tragic discovery. the body of an ohio state football player is found just days after he's reported missing. this is the "cbs morning news." kay jewelers presents the artistry diamonds collection. genuine diamonds, in vivid blues, greens, blacks, yellows and purples. and right now save up to 30% off select artistry diamonds in a palette of colors, at kay... the number one jewelry store in america. artistry diamonds. they're diamonds...of a different color. ♪ every kiss begins with kay. is a really big deal.u with aches, fever and chills- there's no such thing as a little flu. so why treat it like it's a little cold? there's something that works differently than over-the-counter remedies. prescription tamiflu attacks the flu virus at its source. so call your doctor right away. tamiflu treats the flu in people 2 weeks and older whose flu symptoms started within the last two days. before ta

julianna goldman has her story. >> reporter: far from the north pole there's a special delivery justme for christmas. >> oh, my god. look at this. wow! >> reporter: inside these boxes are pajamas, 00 degrees of them, all for d.c. area foster children. >> when they come into foster care, they have nothing. they come in with the clothes on their back. child and family services, they're great at getting clothes and jackets and shoes and stuff. even they admit they hadn't had pajamas. they had other things to woe about. >> reporter: kathy jackson did. she's known as the pajama lady. >> most people grow up with pajamas as part of the christmas tradition and i like the idea of passing that down. >> reporter: she launched the pajama drive in 2010 after a brutal year of battling leukemia. >> when you were going through treatment, you found comfort in pajamas? >> i spent a total of 12 weeks in the hospital. for those 12 weeks the only thing i could wear was pajamas. >> reporter: jackson wanted to make that christmas extra special for her three adopted children. they came to her home three yea

goldman sachs analysts upgrade and increase the price target to 211 bucks. remember, sue, yesterday it got hit with a pretty big selloff on the heels of a bad earnings report. back over to you. >> yeah, it sure did. a little bit of a recovery for shareholders today. >>> in this hour, power stocks sharply higher with the dow up as much as 300 points today. almost 600 points in two days. former goldman sachs asset management chairman jim o'neill says that russian president putin has made a miscalculation with the sharp drop in the ruble and oil. and nasdaq omx group ceo bob greifeld says cybersecurity is a situation where you can never rest. he says i he has a team that wins battle after battle but always has to prepare for the in ex-one. >>> let's see what's coming up at 2:00 p.m. on "street signs." >> hey there, sue. it's a case of what does the fed say. luckily i've got steve liesman riding shotgun with me today. even though stock market investors are cheering what the fed said yesterday, we're going to try and decipher exactly what it does mean going forwa

morgan, goldman sachs, city group, morgan stanley, and bank of new york mellon. rages from 1 to 4.5%. lessens the chance of a bailout. j.p. morgan and city falling. goldman sachs rose fractionally. >>> bank of america and city said to expect weaker trading revenue in the fourth quarter. chief executives made the disclosures at a financial conference in new york city and kayla townsheet was there. >> reporter: golden sachs is under way in new york with bank taking the opportunity to warn investors about weakness coming up in the fourth quarter. announce $3.5 billion and alleged currency and interest rate manipulation. also, there's an investigation ongoing into antimoney laundering practices. $800 million of that charge goes towards existing repositioning at the bank but in all, corbett is telling investors it's unpredictable especially with legal issues because of the leverage for pricing and for timing lay with the u.s. government. meanwhile, bank of america's ceo, brian moynihan, saying trading revenues for the fourth quarter is down compared to the third quart

waldrin joining goldman sachs back in 2000. mr.einberg who he's replacing joined the firm back in 1983 and his bloodlines are deep there at goldman sachs, having a father who also worked there as well. back to you, mandy. >> thank you very much, mary thompson. >>> up next, why gm is saying nyet to russian car dealers. we'll be right back. >>> plus, crude falling hard into the close. right now crude oil off about 3.5%, 3.75%, actually. we'll talk this over and we'll see if the selloff continues when "street signs" returns. thanks. ♪ [ male announcer ] fedex® has solutions to enable global commerce that can help your company grow steadily and quickly. great job. (mandarin) ♪ cut it out. >>see you tomorrow. ♪ >>> we are sliding, only a couple minutes to go until it settles. we are ending down over 4%. we were actually positive early on in the day. >> do you know what the low is? >> what the low is? >> 53 or something like that? not today, but in general. >> yeah, i think about 53 and change. another bumpy day for the ruble. the russia

in the case of goldman and others, you've got everyone.being driven by the client growthnts some kind of the returns that they can't find in the capital market. the banks are raising their hands saying you want to get on these big private deals? we are going to have allocation of uber. we are going to have allocation of dropbox. it is also some of the bank's capital as well. you are telling me that the theire is getting into business. what did the vp firms think about this? >> in the case of the mezzanine -- inmthe bc the case of a mezzanine round, the last round before the ipo, investment bank having some skin firms love that. the bank who may participate in that ipo is going to be trying to guide them towards the best possible outcome for that ipo. >> are these guys getting together? sachs, banker, there is from new york city hanging out with jews who would never ever wear a tie in san francisco hanging out with dudes who would never ever wear a tie in tech i san francisco? >> so much hate for ties on the west coast. i just started weari

juliannea goldman on the diplomatic steps the u.s. is taking to further isolate north korea following the sony hack attack. >> merry christmas. >> and 100 years ago today a bloody world war i battlefield turns into a christmas celebration, and perhaps even a soccer game between enemies. mark phillips looks back. > captioning sponsored by cbs this is the "cbs evening news." >> good evening. i'm anne marie green. the new york city police department son high alert tonight, one day after an ambush attack that killed two of their officers by a man who came to a city on edge with a mission to kill cops. before opening fire, police say the suspect told witnesses, watch what i'm going to do. he then shot the officers through a car window. the murders took place outside a housing project in brooklyn. don dahler is at the scene tonight. don? >> anne marie, the two officers were sitting in their parked police cruiser along this street. they were working an overtime shift to protect the people who live in that housing project. a newly released vi

goldman? >> thank you, members. especially chairman issa and ranking member cummings, for inviting me to share my story with you today. i'm one of the millions of americans who, thanks to the affordable care act, have been able to pursue goals free from the financial and physical implications of staggeringly expensive health insurance. or, in many cases, no coverage at all. these reforms have helped ensure that many americans won't have to weigh the crippling debt or something as simple as nutritious food for their children against access to even the most basic health care. i hope that my words today serve as a reminder of why the aca, though imperfect, has measurably improved the well-being of individuals and families across the country. i grew up outside of boston, and stayed in new england for college. my 20s were a decade of exploration and change. in that decade i had the freedom to switch careers twice. i experienced love and heartbreak, and revel and excitement and opportunity. at the same time i watched frie

julian julianna goldman reports. >> reporter: cdc is looking at the ebola. the technician who handled the sample was not adequately protected. cdc director tom frieden is promising action, the latest in a spring of pledges to upgrade safety inspect a statement he says, no risk to staff is acceptable. >> for this to happen and put our workers potentially at risk is totally unacceptable. >> reporter: that was frieden in july. it had just been revealed that cdc workers had accidentally com contaminated flu samples with the deadly h5n1 virus, also known as bird flu. in june they admitted lab workers may have been exposed to anthrax. those samples had even been transferred between labs in ziploc bags. frieden promised sweeping measures to change the lax safety culture. the cdc put together a group of outside safety experts and even temporarily shut down some labs. the materials that potentially kantd live ebola in this latest accident were steroid before officials even discovered the problem. the cdc never got to test the actual specimen, so we may never know how

goldman sachs says sell it. it is down 5%.n the other side of the coin, goldman says go out and buy tjx. tell us where tjx is. nicole: up about 1%. goldman sachs looked at all these retailers and cut this group to neutral from a track this. they took off stores. they put tj maxx in that spot. a $57 price target. good for tj maxx. that is why they consider that one a winner. stuart: hold on a second. did you just say that our shows is your favorite store? >> t.j. maxx is a great store. they just opened up in brooklyn. nicole: marshals. it is a good name. >> you just dissed it. all right. thank you very much, indeed. it could be that big hack attack that we are so worried about. a computer virus that could cripple the entire economy. we will talk about that because that is the threat and it is on the horizon. how to eliminate obamacare. the former health and human services kathleen sibelius. she said she never met him. where have we heard that before? >> one of the most respected economists in the world. >> many of them i have s

i've been in goldman sachs, rolled up again today, i continue to go on call spreads. i look at some of the names, all of these names are performing all hitting new highs today. i think that continues, mel, and roll up and stay in the trade and limit my risk to the upside. i'm not long any of these in terms of stock except bank of america. but i think the omptions are th way to go. >> their capital levels have doubled. so if you look at this, nothing but positive news out of bank of america. there is still those headline risks for bank of america. up 13% year to date. off the bottom of the financial crisis, it is up 600%. it is outperformed the rest of the space. it feels like it depends where you value it. if it is 10 to 13 times, it is a $25 name. >> today was about the payroll number. this is a breakout. all the guys went to fresh 52 week highs. this is because of -- whatever happens to the ten-year bond, the bottom end of the curve is moving, steepening, they will profit from that. banks love this. >> u.s. bancorp, a new all time high today. we mentioned morgan sta

. >> eric goldman is codirector of the high-tech law institute at santa clara university law school. >> dozens, hundreds, possibly thousands of people have been fired for what they said on social media. it happens all the time. >> when it comes to our online persona, have we become inseparable? >> you are what you say you are. i think it is really difficult in this day and age to separate it. >> there are always people watching you. even from people from jobs, schools, you know, friends of family and all that. you know, that can really put you in a bad situation. >> goldman says government and employees and some union members do have some legal protections against being fired for what they say and write. most people are considered at will employees and can be fired for any reason by their employer, including controversial statements. >> we are accountable for our words. >> think before you post. >> when we post online, every post in the sense is a bet on our job future. >> and as for the san jose police officer we mentioned earlier, his comments on twitter about recent protests got h

julianna goldman, cbs news, washington. >>> a spokesman says former president george h.w. bush is in great spirits. he remains hospitalized this morning in houston where he's being treated for shortness of breath. the 90-year-old was admitted tuesday. mr. bush is the oldest living former president. he suffers from parkinson's disease and has lost use of his legs. >>> on the cbs "moneywatch," walmart helps you with unwanted gift cards and retailers had a happy holiday. jill wagner is at the new york stock exchange with that and more. good morning. >> good morning. here on wall street the markets reopen after the christmas holiday. the dow is over 18,000. it's at its highest level ever after gaining six points wednesday. the s&p was down less than a point and the nasdaq was up eight points. asian stocks finished higher. tokyo's nikkei added a fraction. the shanghai composite gained more than 2%. hong song's hang seng is closed for the holiday. >>> the minimum wage in washington state will soon be the highest in the nation. on january 1st washington's lowest legal wage will b

with the charlottesville police investigation into what happened that night. >> reporter: juliana goldmanory in charlottesville tonight. there will be more about this on cbs "this morning" tomorrow. the nfl is toughening its policy on personal conduct and we'll have more on that in just a moment. what if one push up couldcoli cprevent heart disease?cancer? one. wishful thinking, right? but there is one step you can take to help prevent another serious disease- pneumococcal pneumonia. one dose of the prevnar 13 ® vaccine can help protect you ... from pneumococcal pneumonia, an illness that can cause coughing, chest pain, difficulty breathing, and may even put you in the hospital. prevnar 13 is used in adults 50 and older to help prevent infections from 13 strains of the bacteria that cause pneumococcal pneumonia. you should not receive prevnar 13 if you've had a severe allergic reaction to the vaccine or its ingredients. if you have a weakened immune system, you may have a lower response to the vaccine. common side effects were pain, redness, or swelling at the injection site. limited arm