james johnson replaces seth greenberg who was fired last week.ears as greenberg's assistant i should be arrested for crimes against potted plant-kind. [ clang ] y my house is where plants came to die. ♪ ♪ but, it turns out all i was missing was miracle-gro potting mix. it's got what a plant needs. even plant food that feeds them for up to 6 months. you get bigger more beautiful plants. guaranteed. who's got two green thumbs thanks to miracle-gro? uh, this gal. boom! everyone grows with miracle-gro. -dad, why are you getting that? -that's my cereal. is there a prize in there? oh, there's a prize, all right. is it a robot? no. is it a jet plane? nope. is it a dinosaur? [ laughs ] [ male announcer ] inside every box of heart healthy cheerios are those great tasting little o's made from carefully selected oats that can help lower cholesterol. stickers? uh-uh. a superhero? ♪ ♪ kinda. [ male announcer ] and we think that's the best prize of all. ♪ ♪ >> we know about traditional adoptions but now, there is a growing number of couples who are adopting be

pollock's vision and greenberg's theory were explored by a second generation.any acknowledged that helen frankenthaler adapted pollock's technique in a way that made him more accessible to other artists. she stained her canvas with highly diluted paint to achieve these haunting effects in mountains and sea. the abstract expressionist movement dominated the world of western art for over a decade. by the mid fifties, they were established, only to be superseded by a new avant-garde. the postwar world is characterized by an acceleration of speed-- speed of travel, of information, of communication, indeed, speed of change itself. a style which in the middle ages or the renaissance took decades to work itself out could now run its course in a year or less. in such a culture, saturated with objects, with advertising, packaging, and tv, it was inevitable that art itself should not merely reflect this, but become the object. if the content mattered so little in comparison with the packaging, then why not use a coke bottle or a soup tin? the young generation taught that

michael greenberg said there is more to this anniversary than just the death of osama bin laden. think anyonebeli believes this is the end of terror, but i think it establishes the united states is a country that can use it intelligence in a very affective fashion. >> greenberg feels the commitment the united states made will help deter terrorist groups throughout the middle east. >> as the president discusses policy in afghanistan, those who lost loved ones thought about the human cost, and a local family turned their attention to assisting who wounded veterans. good >> the president's trip to afghanistan to mark the anniversary of osama bin laden cost debt is drawing attention in the region, of but family members say they think about the fight every day who, and loved ones are channeling that focus in to aid for wounded deathvets. >> he listed two days before the army deemed him too old. he said he was motivated by 9- 11. is what primarily motivated chris to join the military before his 47th birthday. >> he outperformed soldiers half his age, even setting a record for during 12

. >> glor: joining me to discuss this is law professor and former wall street regulator michael greenberger. one question a lot of people are asking is how is it jamie dimon by all accounts a smart man, a savvy banker, how is it he didn't know something like this was going on? >> these kinds of transactions are as complex as they are risky. and it's very difficult for anybody really to understand what's going on. i think when the end is shown, the trader himself didn't understand what was going on. but these traders are given enormous discretion without proper supervision or understanding. and you end up with these enormous losses. >> glor: speaking of supervision, if dodd frank, the sweeping financial reform bill that was passed in the wake of our last financial crisis if that were fully in place, do you think this would have happened? >> it would not have happened, this kind of trade would have been banned. j.p. morgan chase has been arguing that these kinds of trades should go forward. but the boca rule on dodd frank were implemented the way they were written, these kinds of risky, compl

michael greenberger, i will start with you. so that the question. was this just a bad mistake or does this is a something about more systemic problems. >> this is to the just a bank appearing to be a systemic problem. in other words, we're to the going have to hopefully bail jp pore began out. but as liz rappaport said, these were supposed to be the brightest guys in the room. and if you listen jay me diamon explain this, he called it he greejs us, sloppy, et cetera, et cetera, that is 9-- message being sent that these complex instruments are not even well understood by the people who create them and trade them. >> brown: an therefore we need more regulation. >> well, we don't need more regulation because actually the dodd frank statute which was sign mood huh in july of 2010, if it is ever allowed to go into effect and the banks have been very tough in keeping it from going into effect, would have six ways from sunday to stop this kind of trading. and there is legislation pouring through the o house right now to undo dodd frank. presidential candid

i beg to differ with you, peter greenberg. you're watching "cbs this morning."google plus. your local news is next. >>> a guy riding his motorcycle, he's now suing bmw. have you heard about this in forgive me if this is a little coarse. it's a true story. it was in the news. riding his motorcycle, suing bmw because it caused him to have a two-year erection. sadly, only one known cure. right there. that's -- i'm sorry. that's -- >> you think you're cracking up at the way we're cracking up here at the table? >> "the view"? i don't know. i wonder if dave letterman heard about that story from us on "long story short". >> we had that story. that's "the view." that's "the view," it's not "the talk." still funny. >>> 8:00, welcome back to "cbs this morning." i'm gayle king. >> rachel being the producer. >> yeah, all of a sudden it sounds like i'm talking to no one. i'm talking to rachel. >> which another producer says, she does all the time. >> i think we've all been known to do that. >> let's start over. good morning. it's 8:00 i'm gayle king. welcome back to erica hi

i beg to differ with you, peter greenberg. you're watching "cbs this morning."ogle plus. your local news is next. or is their injuries and not considered life-threatening. please return to find the driver who crashed into a restaurant in east oakland about a nice and then ran away this to the car was going about,, [ banker ] mike and brenda found a house that they really wanted. it was in my sister's neighborhood. i told you it was perfect for you guys. literally across the street from her sister. [ banker ] but someone else bought it before they could get their offer together. we really missed a great opportunity -- dodged a bullet there. [ banker ] so we talked to them about the wells fargo priority buyer preapproval. it lets people know that you are a serious buyer because you've been credit-approved. we got everything in order so that we can move on the next place we found. which was clear on the other side of town. [ male announcer ] wells fargo. with you when you're ready to move. times are tough. our state's going through a tough time. but we can fix it.

i beg to differ with you, peter greenberg. you're watching "cbs this morning."ogle plus. your local news is next. >>> it is another rainy day. some fog is forming and the weather is effecting traffic. here is sharon. >> good morning, everyone. if you are just about the head out, we have three new accidents. one on route 24 at hanson road. another one at honey go. watch for delays, 95 southbound, a 16 minute ride. there's a look at your beltway speed. in the 20s. on 8 3, jfx, 13 mile per hour average. this is brought to you by the cochran firm. >>> we have a break in the action from rain. more shower activity is moving our way. as you look at the forecast, there will be some disturbed weather this afternoon. we will see clouds and sun breaking in between rain. 77 as a high. 55 down now. -- 5 5 now. >>> we will find out the fate of two neighborhood volunteer. >> good morning. this week one of the brothers testified in his own defense. he claims it was the teen that attacked first. 24-year-old eliyahu werdesheim was on the stand for several hours before lawyers pre

"it is, quote, net flex is a dead end business". >> greenberg. >> you know he loves to hate on netflixis was james mcquivey. >> i want to talk about oprah, because they're talking that they have lost $330 million since the launch. where do you go from here? what's the future of the o network? >> i think she needs to be more involved and that's been the secret so far. she's becoming more involved and as we saw this year, since her own tv show launched, the ratings have gone up. and there have been improvements. but i think there's this realization it's a lot 45rder to run a tv network than it is to have a talk show. the discovery is starting to take an active role in managing this and trying to figure out how to make it more than an oprah show. >> they must be annoyed, right? they have. >> they co-own this channel with oprah. but the idea is this is how they want their channel to work. they want to have her brand supporting the traffic to the website and viewers. >> oprah is a continent on to yourself. she's reallyizing that content is king, but it's hard. >> so when you're in a situati

. >> with us is michael greenberg and ceo tim ryan.u what's your view of this whole thing? do you see this as a failure of the regulatory side or a failure of internal risk controls? how do you look at this? >> yeah, i see this as clearly an unfortunate situation. mr. dimon has talked about this and really it's a mistake. it's a hedging tragedy that went wrong. i'm hoping that this situation is not a -- used as a sledgehammer for more regulation. >> but it will be. senator corker is already calling for hearings. you know what, he asked a really key question in his letter, if we can bring this up. question number two in this letter, were these bona fide hedging transactions, which presumably would be all right, that's not his wording, mine, or were these poorly managed trades? less acceptable. and what precisely is the distinction, sir? that's the problem. in the end, they still lost $2 billion. >> well, as you know, because we've talked about this on your shows before, a key issue now before the regulators, the s.e.c. and everybody els

herb greenberg is not so sure it's going to work. was doing well. >> i think now you have the company coming out saying that they are going to open 40 or 50 of these walmart expresses stepping up the process over the next quarter or so. but, look, that's a drop in the bucket relative to how the other stores have done and how they have stolen business from walmart. >> why would they do this? they are already snuffing out business. and now walmart express? >> walmart express, maria. they had a meeting and agreed almost a decade ago that walmart would build stores within the company. and it's really just trading good full paying jobs for retailers that contribute to the communities for low paying jobs for a company that walmart contributes very little to the community and a pull lizzer. >> prize that i did with the l.a. times showed that when walmart comes to town, as the professor wrote at the state, the food store, hardware store, drugstore discount store, over half a hundred leading retailers across america, many big names have gone

it took about a week to higher greenbergs replacement. johnson will be the new head coach. you saw it appeared >> i thought so. -- you saw it. >> i thought so. >> a broadcasting legend is honored. >> helping young people reach their dreams. the dream academy honored six people who have given their time and money to make a difference in the lives of others. pat summerall and miss america were honored. we will be right back. ♪ ♪ ♪ ♪ ♪ ♪ [ male announcer ] virtual walletet can help you be that person who's good with money. see what's free to spend. move money with a slide. save with a shake. feel good about your decisions. >> the final word on the warm weather. >> there it is, more of the same. each afternoon, there could be the risk of an afternoon shower. nothing throughout the day. but by friday, 90 degrees. you can find everything on our weather page. there is the seven-day. and if we get any rain tomorrow, it will be there, too. there is the interactive greater. you name it, we got it appeared >> thank you. >> that will do it for us tonight. stay tuned. " " is coming up n

i want to thank amy greenberg. there i am taking questions from the press.ool gym at harmony hills in silver spring. amy greenberg, thanks for the invitation. one of the teachers this. had a great time. they love my weather book, i'm holding it there. and it was a terrific time. talked about all the different types of weather in silver spring. the harmony hills elementary school. i'll be back in ten minutes with a look at the forecast. we'll look at rain totals from yesterday. danella has a look at traffic. good morning. >>> good morning. chopper 4 now is live over the beltway. this is the outer loop of the beltway as you approach river road. had a crash and it was blocking the right side. you see only the flares remain. you see delays toward river road. earlier in crash was blocking the right lanes. i want to look to i-270 because heavy on the brakes. this is a live look southbound at democracy. slow right now. that's because a lot of cars have to continue on the outer loop. and that's where we originally had the accident. you are seeing delays, hopefully t

as the trial continues, norway continues to greenberg. "bbc news," oslo. >> now, could it be a case of third time luck? after two failed attempts. the former government following the general alexeis. a socialist leader who is trying to build a coalition says he is close to reaching an agreement with a small left-wing party. i spoke to our athens correspondent. >> mark, a glimmer of hope, but any sign of a glimmer of a deal? >> well, the signs of the bones of a deal, let's put it that way, jane. the democratic left, the small leftist party that really wants to tear up greece's lone agreement that has brought the country to its knees has compromised slightly. there seems to be a meeting of the minds between that party and the socialist party, the pro-bailout party. the two parties had a meeting this evening, and they seem to have reached the framework for a deal that would keep greece in the euro and renegotiate greece's agreement with the e.u. and i.m.f. what would happen is friday there would be a meeting with the conservative party, new

bank is still racking up losses, which could reach another billion dollars or more says michael greenberger, an expert on the derivatives and former federal regulator. >> it's almost as if you bet the new york yankees are going to win the world series and now that you see they're in the last place in the american league east you want to get out of the bet. the person you bet with is not going to let you out and that's the position they're in. >> reporter: at the same time, dimon is also doing damage control on his own reputation. >> not only was he the golden boy of wall street but he was leading a very effective charge to undo dodd-frank. >> reporter: dodd-frank is the federal law designed to prevent another financial crisis. under dimon, j.p. morgan chase has spent more than $21 million the past three years on lobbying the most of any bank, much of it spent to water down those new regulations. records of federal reserve meetings show that as recently as this february a team of j.p. morgan chase executives-- including anna drew-- lobbied the fed staff about dodd-frank's so-called volcker r

would if i was jamie diamond and you see that in some of the moves that they're outside counsel greenberg trial has tried to do in january they went in outed some of the whistleblowers that have come forward since a originally talked about this on your show last fall there were thirty whistleblowers that came forward from these due diligence firms and they have played so many dirty tricks and published their names so they would get trouble in their old job i believe even though this haven't been proven i believe they're paying they could be paying off some of these witnesses they file these claims that they want to ridiculous amount of discovery just to delay the process and i've never seen someone so desperate to not emit that what they bought which is bear stearns was a bad idea it's going to be bad for their shareholders and it's bad for their balance sheet now one of the bankers who put together these residential mortgage backed securities where are they now is there any hope that some of them may face criminal prosecution at some point like iceland did against its criminal bankers ok

they literally threw flour out of the windows of warehouses, and as my friend josh greenberg argues,nity was threatened. they couldn't provide for their families. >> it was a wage -- they were arguing over wages? >> they were arguing over the price of flour. they were being played less and less proportionately because the price of flour was going up and up and people ate a lot of bread. this is was the era before people were expected to have square meals and balanced diets and an era before any sort of social net, so if a working man didn't make a wage that could buy barrels of flour to feed their family, there was no food, and people just starved. that was part of life in the free market world of the early 19th century. >> another 24 years or so before the civil war would start before the panic of 1837, right? >> yeah. >> how long did the effects of that crisis impact american life? >> well, you know, there's some argument among economists over exactly when it ends. some people say it ends in 1843 or so. some people say it ends with the mexican war, a little later on, big expansioni

. >> you're making a plea for jeff greenberg's book. more alternatives -- but i'm going to ask a question, one more historical question nap is especially to jeff but perhaps to lee also, did moderate republicans of seem themselves as taking over the party and changing the direction of the republican party or was it more that they thought that they should be a balancing wing? your book, i think, makes a little bit of both cases. which is it? was there a path to some thought, a new southern coalition maybe the republicans could get? new south whites and some african-american votes or other sort of coalitions that would change the republican party or was it always going to be an important wing that had to be preserved? >> of course, being a moderate i'm going to tell you, some of one and some of the other. you know. a lot of people on both sides of the aisle objected to independence and mood riderates. they were transsexuals, and others. bipartisan opposition one might say. i would say moderation was something and stood for something in th

two billion dollars four days ago is now three billion report nelson schwartz and jessica silva greenberg in the new york times why because every hedge fund in the world knows j.p. morgan is. stuck in a position so big that it cannot wind it and they're taking the other side of the trade max right you live by the sword you die by the sword this is the same kind of shenanigans morgan and goldman did to greece they sold the company short into oblivion they did it in ireland they did it to montgomery county jefferson county in the united states now the headers are doing it to them they're the they're the pig and the pope they're the ones getting beaten up and they deserve it and it's going down like a ton of bricks and it keeps selling it short keep buying physical silver and you force max at it here first on the kaiser report you told us hedge fund guys out there you said short the sucker the suckers going down operation go go go the money is easy to make you so j.p. morgan stuart your buy silver is just a trade of the year you're already outperforming warren buffett by five hundred percent

including hank greenberg of aig fame, and john whitehead of goldman sachs.ust a couple of regular joes representing the best interest of the public. don't be fooled by what geithner says when he says this is just a matter of perception. geithner bank the big banks guy in washington after he was chosen by wall street players to run the fed. it's about time the fed was run to represent the broader public interest, not the interest of wall street institutions. and to make that happen, we had better change the way the fed is governed, and step one is for dimon to resign or be forced out right now. ♪ >> eliot: it may have been the best week yet for mitt romney after going through a vitriolic primary, romney has now made it to the honeymoon phase, but can he turn the honeymoon into a long-term marriage. 50% of the country now views him favorably. the highest level of recorded since gallup began tracking romney's favorability back in 2007. the highest by 10 points. with his new-found favorability comes money. it seems to be pouring in for mr. romney, with the rnc r

peter greenberg says, if you think like a local, you'll get a more authentic experience. >> the firsta fire house. he's chatting with our other guest. >>> take a look at this. it is the catch of the day. darrell fallberg went flying over the fence to make the last out of friday's game. whoa. 4-2 victory. >> and his back's okay? >> yeah. our producer said it was unfreaking believable catch. that's a tv news term. >>> 8:00, welcome back to -- you're welcome, matt. welcome back to "cbs this morning." i'm gayle king. >> i'm erica hill. >>> most of us have a certain routine. when you go somewhere you've never been before, you grab a guide book, hire i tour guide, ask the hotel concierge the best spot for dinner. >> our travel editor says there's a much better way to travel like a local. just happens to be the name of his new series of michelin guide books "travel like a local." i figured you would be out traveling someplace. >> if you're a local, last time you want to travel is holiday. >> you said the first thing you should do is go to the fire house. >> absolutely. who knows a city bette

peter greenberg says, if you think like a local, you'll get a more authentic experience. >> the firsta fire house. he's chatting with our other guest. >> time for the news headlines from cbs five. some tense moments in fremont as a firefighter fell through a roof while battling a house fire. he is said to be doing ok. the fire damage to homes. memorial day services are planned today throughout the bay area. flags have been placed on more than 112,000 graves at golden gate national cemetery. the ceremony there is set to begin at 1030 this morning. among other ceremonies, san jose coquille memorial park and mount view cemetery in oakland. president obama is,,,,,,,, >> if you have to go to work like some of us, this is what the traffic conditions look like for most of the bay area. white conditions at through the dublin interchange. elsewhere, the dumbarton bridge is still closed in both directions. hopefully things will reopen as scheduled at 5:00 tomorrow morning >> patchy fog around the bay area. a little bit great to head out to begin with but as we head through the day will bring yo

peter greenberg says, if you think like a local, you'll get a more authentic experience. >> the firsta fire house. he's chatting with our other guest. >>> 4 minutes 8 o'clock. oriels are taking a holiday at camden yards. >> it's a beautiful morning. warm with temperatures in the low 70s. 91 is going to be the high today. hot, humdz, in thunderstorm -- hot, humid, no thunderstorms. partly cloudy, 69 over night. tomorrow watch for afternoon thunderstorms with high of 89. >>> baltimore county police are looking for two men responsible for a home invasion. >> reporter: a home invasion leaves two people in the hospital. a man with a gunshot wound here at shock trauma, a woman who was stabbed at bay view. witnesses inside the home say two men dressed in black wearing bandannas, guns drawn shouted they were city police as they knocked down the back door. once inside they kept screaming where's the money. soon the homeowners 28 year old daughter is is -- is stabbed, her boyfriend shot. so far there are no suspects. >>> family and friends held a vigil for sean johnson over the weekend. he was

positively along with all the cloud plays, all which turned out some pretty stellar earnings by herb greenbergas repeatedly warned that rockspace will be hurt on having to spend too much money on what's a commodity business. herb is no short seller, he can't trade stocks. he filters through the clutter in order to flag these warnings. today rackspace confirmed herbies worries and the stock was hammered falling 9%. then it was said a break threw drug from dendreoon. the shorts perform valuable function. they can make you, me and all of us better investors. stick with cramer. >>> cramer's gone mobile. all this applause cnbc's free realtime quotes. go to mm.cnbc.com. >> next on "the kudlow report," is it time for a king dollar link to gold? congressman ron paul is my exclusive guest. "the kudlow report" at the top of the hour. ortho weed b gon max. a living, breathing intelligence teaching data how to do more for business. [ beeping ] in here, data knows what to do. because the network finds it and tailors it across all the right points, automating all the right actions, to bring all the right re

. >> reporter: michael greng greenberg tells me, the rest of five men near cleveland, who plotted to blow up a bridge, is an example of our country's true achilles heel. >> it demonstrates time and time again, that the foremost problem we have, that the people who develop rogue mentalities. >> reporter: and sometimes, they are tied like majid khan. before he was caught by the u.s. government, he was plotting to blow up water supplies. >> i think the federal government has been very effective in calling that out and watching that. but the question is, how long can you keep all of these balls juggling in the air? it only takes one mistake and it will be a calamity. >> reporter: in response to the anniversary of osama bin laden's death. security officers are using more scrutiny as they monitor more flights into the u.s. today. >> thank you, mary. >>> maryland's highest court labels pit bulls dangerous. the ruling sparks a heated debate, putting people, trying to protect animals, and children against each other. we'll is live. adam may has -- wjz is live. adam may has reaction. >> report

but let me get to herb greenberg. what do you you know? >> the company missed analyst's expectations and gave dire guidance. here's what i think will really have the attention of investors. the company said the gross margin fell and here are the reasons. among the reasons, underutilization of the cart manufacturing as a result of lower than expected k-cup packed demand and efforts to reduce the k-cup investors. the company said they expected to -- there was going to be a higher than expected writedown of finished product and lessons of raw materials due to lower than anticipated sales and finally a higher expense on warranty. this is telling you eye fek tifl what the street has been worried about that we're going to start seeing pressure on the margins. back to you. >> her bchl, that stock is going to resume trading. we'll be watching that in the next ten minutes. green mountain on the heels of that news has been halted. we'll get a resumption of trading at 4:30 p.m. eastern. let's go to visa earnings. for that we're going to bertha coombs

positively along with all the cloud plays, all which turned out some pretty stellar earnings but herb greenbergrockspace will eventually be hurt on having to spend too much money on what amounts to a commodity business. herb is no short seller, he can't trade stocks. he filters through the clutter in order to flag these warnings. today rackspace confirmed herb's worries and the stock was hammered falling 9%. then it was said a breakthrough drug from dendreon.ç the shorts perform valuable function. they can make you, me and all of us better investors. stick with cramer. >>> cramer's gone mobile. all this plus cnbc's free realtime quotes. go to mm.cnbc.com. ç >> i like to say there's always bu

greenberg the last year and a half on green mountain coffee. read something from the green mountain press release that i pulled up last night, from the press release last night. here it is. "after several quarters of robust adoption, we now expect a more moderated growth trajectory going forward for both keurig brewer and k-cup pack sales." why does this stand out? over 20 years, every time you see these hypergrowth momentum names, and the lawyers probably redrafted that sentence 15, 20 times to figure out how they say it. and the question is -- and i'm going to turn right to herb because i don't know the answer, but i know he does. herb, when you look at these momentum, hypergrowth names, the ones that get the big multiples, and the growth begins to slow. i think of opentable, et cetera. you've done huge work on this. in your experience, when they try to transition these stocks out of momentum names into value buyers on the idea that growth is slow but growth can rebound, can you think of a situation where growth begins to reaccelerate again?

and herb greenberg's warnings coming to fruition today.reen mountain coffee was weaker than expected and the guidance was particularly disappointing. projecting third quarter adjusted earnings far below the street's expectations. the street is responding trading down almost $24. that's 48%. get out of the way of that one. regional bank ever bank, it's up 5%. shares began at $10 after the bank trimmed the expected range to between 11 and 12. at least today, shares are up a bit. maria, back to you. >> court, thank you. >>> nokia announcing it will launch a range of tablets and smartphones to beef up sales. ibc reported that samsung unseeded nokia as the world's top mob bile phone maker. a position nokia has held for nearly a decade. apple ranks number two in the smartphone sector with nokia now third after seeing a 50% plunge in unit shipments from a year earlier. performance-wise, take a look at the five years. apple, the clear winner up a whopping 480% for investors. so looking to buy in here, where should they place that call? we'll bring

. >> meanwhile, cnbc.com, herb greenberg has done some unbelievable writing about hlf, which has keptfrom sticking my head into the lion's den. but the ceo, he can answer the question. john in florida. >> caller: hi, jim. i'd like to know your opinion about blue nile, nile. >> too dangerous for me. up a couple bucks maybe. >> sell, sell, sell. >> wow, discretionary goods going to wait right now. that reminds me more of fossil than of tiffany. jeremy in florida. >> caller: a big boo-yah for indiana university. >> oh, man, we love kelly school of business. what's going on? >> caller: my question for you is if facebook is going to affect trading on xenga. >> it's a $5 billion company. i've been staying away from all the ipos. i love the product. whether it be yelp or literally away. the only one i like is linkedin. let's go to bernie in south carolina. >> caller: hello. >> what's up? >> caller: jim, congratulations, i want to congratulate you on everything you do and thank you. i want to tell you i have at&t, fizer, and progress energy as a result of what you have advised me to do. >> th

positively along with all the cloud plays, all which turned out some pretty stellar earnings but herb greenbergtedly warned that rockspace will eventually be hurt on having to spend too much money on what amounts to a commodity business. herb is no short seller, he can't trade stocks. he filters through the clutter in order to flag these warnings. today rackspace confirmed herb's worries and the stock was hammered falling 9%. then it was said a breakthrough drug from dendreon. the shorts perform valuable function. they can make you, me and all of us better investors. stick with cramer. >>> cramer's gone mobile. all this plus cnbc's free realtime quotes. go to mm.cnbc.com. nd we have p. we are going to start with product x. the only thing i'll let you know is that it is an, affordable product. oh, i like that. let's move on to product y, which is a far more expensive product. whoaaa. i don't care for that at all. yuck. you picked x and it was geico car insurance and y was the competitor. is that something you would pay for year after year? i, i like soda a lot but for a change of pace... [ male

. >> reporter: terrorism and security expert michael greenberg tells me, the arrest of five men near, who plotted to blow up a bridge is an example of our country's true achilles heel. >> it demonstrates time and time again, that the foremost problem we have is with people in our own country, who develop these rogue mentalities. >> reporter: and sometimes, they are tied to al qaeda, like catonsville's magit con-- majeed con. >> i think the federal government has been very effective in calling that out and watching it. but the question is, how long can you keep all of these balls juggling in the air. they only have to make one mistake. and it will be a calamity. >> reporter: in response to the anniversary to osama bin laden's death, security officers are using more scrutiny as they monitor more commercial flights into the u.s. today. meantime, president obama is making a surprise trip to afghanistan tonight. he just signed a security pact with afghan president hamid karzai. the agreement cements the u.s.'s role in the country after the war ends in 2014. >>> and the president will also