hank had a lot to do with me getting started. >> i met hank.his hand and had a cd that already had my name on it. i kind of gathered that this wasn't by chance. >> shortly after he first met him, hank was diagnosed with pancreatic cancer, so for the two years he lived after that, jamey would get off the road and pull his bus right up to the hospital, ran up to see hank, raise hank's spirits, and just--he was always--always around. up to the night hank died, he was here. >> ♪ now tell me ♪ would these arms ♪ be in your way >> it was shortly after hank died i got a text message, and it was from jamey, and he said, "would you mind if i did a hank cochran album?" so i couldn't believe it, you know. >> ♪ so lay ♪ all your doubts aside ♪ when you go to bed tonight >> he should be in the country music hall of fame. he was very influential in setting the bar for all the writers that we have coming down the line. >> well, he was pretty much the foundation as a songwriter for a long time. >> you know, he was really an artist who chose not to be an artist

hank greenberg has his day in court. will not be pleased with this ruling because he is not getting any compensation. i'm going to continue to look deeper into this and see if it is possible for him to come back and do anything else. but for right now, it looks like he has won his with no compensation. i do not know if that is what he has can record a win. pimm: we will have more on the former chief executive of the aig in his lawsuit against the government. ♪ ♪ back to bloomberg market day. i am pimm fox. i want to get back to some breaking news on aig and hank greenberg. peter has been following the trial that hank greenberg has been undergoing in washington. what exactly was going on and what is this ruling? it is a split decision, if you will. the judge hearing this case just a few blocks from the white house and just a short distance from where i am. the judge who have been hearing this case for some time, he knew a decision was coming in judge thomas wheeler has concluded that yes, the federal government, when it s

hank: very small part.ty: but the funds that you got if you were to win, what would you do with it? hank: some would begin to charity and some would be invested. what do you normally do? that eco-i don't know. i have never been in this situation. during the trial, who bothers you the most? you know, among the witness testimony that you heard, what bothered you the most? hank: i think what bothered me the most was the way the fed acted and went beyond the authority that they had. there is a section called 13.3 the federal reserve act. congress decides how much authority the executive branch of government has, ok? the fed had authority to lend money, and they did. they lent money to many institutions. they were not authorized to take equity. ok? the fed got 80% of aig. that was one of the major issues in the case. and who was in charge of that area? the three key people was paulson, bernanke, and geithner. pimm: betty liu is here now with more. interesting conversation with hank greenberg. betty: i was surpri

we will tell you about hank hank berg's lawsuit -- greenberg's lawsuit over the aig bailout.in bankruptcy. cold says the government is not buying enough and 16th. says the government is m-16's.ing enough ♪ betty: good afternoon. i'm betty liu. crumpton.i'm mark we been hearing wealth of talk about what is going on in greece. it seems a stalemate come down -- may come down to a meeting in the next couple

we will tell you about hank hank berg's lawsuit -- greenberg's lawsuit over the aig bailout. a gun maker is in bankruptcy. cold says the government is not buying enough and 16th. says the government is m-16's.ing enough ♪ betty: good afternoon. i'm betty liu. crumpton.i'm mark we been hearing wealth of talk about what is going on in greece. it seems a stalemate come down -- may come down to a meeting in the next couple of days with european finance ministers as to whether or not resort at the debt repayment extension. the s&p 500 is down more than one third of 1% at 2086. the dow industrial is down over half of 1%, 105 point drop for , 17,790 three. the nasdaq is down almost half a percent at 5027. let's take a quick look at gold and the strength of the dollar. the strength of the dollar causing problems for the gold, not the safe haven that it was. right now gold futures are at $1188. nymex crude is also down, sharply trading at 59 .47 per barrel. a stalemate over the greek debt talks putting pressure on yields. the 10 year yield down to 2.35%. mark mention the strength of t

hank: he is. betty: but a small part of this. hank: that's right. betty: you and i have talked about this case for many years. hank: a few. betty: i know how much conviction you have. you will take this to the highest court if you need to. so, why? why is this so important to you? tell the world why is this so important to you? hank: i think our constitution is a sacred document. if the government overstepped its bounds in the executive branch, they have to be held accountable for it. without the constitution, what are we? what is the future of the country? if the government can overstep its bounds, they have to be held accountable. i am serious about that. this is not just conversation. betty: that was my exclusive conversation with hank greenberg about his appeal. alix: really feisty but he is also not alone. he is really front and center but it is not just him. betty: you know his style. he is annoyed that people keep talking about him and what he will get out of this. he says, i represent 275,000 shareholders is a lie and not alone. i am represe

hank is great, hank is discrete, he doesn't think carefully enough before acting. mr. geithner: are you speaking of yourself in the third person? ms. sandberg: he is in the middle of such a good answer we are going to let him have it. mr. paulson: so you have people around you that compensate for your weaknesses, and so if i watched that in women, women have some really different talk -- leadership styles. a huge advantage. often, if there is a group of men making a decision, they will not make the right decision. i don't like what i read about in europe, but i have to tell you, i think we will be heading in that direction if we are not more proactive. there are huge advantages for driving it. if it were easy, it would have been done a long time ago. ms. sanberg: i think we have to recognize the biases. and also, recognize that it is a competitive advantage. mr. rubin: women in the harvard business school, very few of them went on. i think i'm an entry-level basis, over time, the pools -- but then, you have the problem when you have kids. a lot of women have not wanted

if hank loses, it's still a big story. not as big, if hank wins, this is nuclear. i mean, it will throw into question the way the federal regulators do bailouts. it will cause fannie mae shares to soar. $2, i can see it going to 10. and aig shares will tank. liz: aig shares around $62 a share. we could see this in a matter of weeks. >> or days. it could come out tomorrow. i don't think this week. that's not the guidance the lawyers for frank have given. they've given the end of the month. liz: big stories, big egos, 49 minutes before the closing bell rings. first sugar, then meat and the police have a new target. jeff flock at a dairy farm why some are agitating to take the wife stuff off the menu at america's schools? >>> the real police dealing with day five in the frantic fight to find two murderers in upstate new york. new details at this hour about a possible love connection behind bars that is now leaking out. the "countdown" comes right back. when you're not confident you have complete visibility into your business, it can quickly become the only thing you t

betty: hank greenberg, the former longtime chairman of aig. back to you.: thank still ahead, we will hear from virgin group founder sir richard branson on why he is backing a company that is waiting to build a constellation of satellites to provide broadband services to every corner of the earth. ♪ olivia: welcome back to the bloomberg market day. i am olivia sterns. now a look at the european market closed. -- close. >> european stocks close lower for a second consecutive day. four euro area finance ministers meetings in the past week. the most notable rhetoric came from the german finance minister wolfgang schaeuble who set rather than making progress, the greeks have moved backwards. still they finished the session higher. three companies a complex than .1% of the broader stoxx 600. greece accounts for less than 2% of the euro area economy. if you needed evidence greece does matter to europe, the euro moving in union by the most since july 2011. want to show you the rebate moving stocks in europe today, h&m the second biggest clothing retailer. second-q

hank: obviously, the litigation has been a big overhang on the stock. risky of was something keeping a lot of people on the sidelines, and obviously, the judge had a very difficult path to walk -- josh: they had a very difficult path to walk. practicality,r and if you all remember what september 2008 was like, there were a lot of decisions made very quickly, but in hindsight, their work was jens. he found a very practical balance, which, ultimately, i we are very happy about, but sort of as a practical observer of the markets, having done and awful job. josh, they said that the rescue was legal and esa's. i was wondering if we could get your reaction to that news. measure,hink by any you would have to say that the aig rescue was effective. a mitigated question. the courts have spoken. it is shocking to think that the treasury and the appeal does not happen. obviously, the government has to have some degree of flexibility with respect to failing financial institutions to be a look to act appropriately in times of national crisis. usually, the courts will

in the district, hank silverberg, wusa 9. >> thank you, hank.hat is good advice. >>> well, a violent night overnight in the district of columbia. seven people were shot in five separate incidents. three victims were shot in the 100 block of irvington street southwest. police there say it may have been an attempted robbery. they are looking for a black infinity or chrysler with tinted windows. police also reported shootings overnight in the 300 block of upshire street northwest, also in the 3800 block of 8th street and southeast, and also in southeast at the 800 block of chesapeake street. >>> well, pope francis was on the move, spreading his messages of peace. we'll tell you who he is trying to bring together. >> and in about 40 minutes, we should know if american pharoah will break the 37-year drought and give us a triple crown winner. we have a . >>> pope francis made an historic one-day trip to sarajevo, bosnia today, as tens of thousands of pilgrims arrived in bosnia to celebrate the open air mass with the pontiff. pope francis hopes to brin

. >> our old friend hank greenberg never stops. liz: never stops. >> 90 years old, went to cuba to meet with officials. this is a fascinating story, president obama said we're going to normalize relations, this is a process, you don't normalize overnight. trade sanctions are in effect. lot of businesses down there. jetblue announced it's going to fly down to cuba. businesses particularly in hotels and tourism are eyeing cuba and here's hank greenberg going down there, why? because he's looking at becoming an insurance agent or writing insurance for the same hotels. what we did through documents i was able to obtain, i was able to obtain travel related documents, he took his gulfstream last thursday from jfk to jose marte airport, and he came back the next day. i called up hank the next day and said why are you in cuba? funny you ask, he met with cuban government officials basically to determine how he's going to -- how and when and if he's going expand. liz: he must believe this is a huge destination. >> that is what he told me. he

. ♪ >> guys, have you seen hank? hank? what are you doing?rom the fall. >> first to hank. >> when you are standing waist deep in the atlantic ocean just a couple of days from summer it does not cite to bring your work to the beach. the people here, hearing persistent rumors. we heard it too. they are only rumors right now. parents, adults that i talked to on the beach said don't do it for the sake of the children. ♪ >> another bring him down to the beach to sit here. >> here. >> stupid. i would not bring my laptop. a lot of work. >> this is exactly what you came down here to do. >> listen. i listen. i have been up and down the beach seen a lot of cell phones. i have not actually seen anyone kid on the laptop. you have wi-fi coverage. down here down here at the beach you still have cell phone coverage. no wi-fi just like. she tells me. >> because of the computers. >> starts on wednesday night. >> that's all because of the technology. >> a little spotty now. >> no one heard anything about wi-fi. >> nothing official. he doesn't know anything abo

hank, what's going on? >> yeah, the storm was pretty nasty around 8:00 when folks here at the forest apartments on baltimore road were just getting ready to settle in for a rainy saturday evening. then the lightning came. the lightning struck our building and it caught our box, our cable box. the electric box. it caught on fire and we threw water on it to put the fire out. and it didn't put it completely out. it went to the walls and we ran downstairs to get the fire extinguisher and used that and it didn't take it out and it was inside the walls and so then we called 911 and we called the fire department and they told us to get out of the building and pull the fire alarm and to get everybody out of the building. they were here very quickly. >> everybody here got out okay, but the building has significant electrical damage and several small fires. 40 people will need another place to spend the night. just the worst example of the power of this storm. driving very slow after dark, a lightning show over washi

tt: the fed disagrees with the decision and hank greenberg's suit against aig. in judge said the bailout response to the 2008 financial onerous,s illegally the terms of the bailout. the fed comes back and says it disagrees and says the bailout terms were legal, proper, and effective. extension of credit to aig prevented losses to millions of policyholders, small businesses, and american workers who would have been harmed by aig's collapse in the financial crisis had a not bailed out. the fed disagreeing with the judge. ink greenberg won the case, a way, but was not awarded any damages. he was suing for about $40 billion and got nothing. n which could also be viewed as a loss for hank greenberg, but definitely not good for the fed when a judge calls their actions illegally onerous, and the fed disagrees with that in a statement today. scarlet: thank you. we will continue the discussion on what this decision means for the federal reserve and aig. in the meantime, let's get a look at the markets. u.s. stocks showing losses mirrored declined in europe although we ha

in fact this isn't the only video of hank playing with the drone.mcdonald got this shot of hank in the desert just keep climbing climbing climbing, you can see the shadows. >>> these are the shoes i would normally wear on an average workkay. >> brandon from the bro bible is going to try to prove that women complain way too much about wearing heels all day. how bad can it be right? >> i'm going to give these bad boys a shot. >> oh he is in for a rude awakening. >> oh god. >> check out the pair he chose. not only are they strappy, which are going to cut into his feet and his toes after a few hours, it also has the thin heel which makes it even harder to balance yourself as you walk. >> i'm already in so much pain it's astounding. >> there he goes walking down the street people looking at him like he's goofy. he's so graceful. >> yes. >> now he's committed to keep the heels on all day long for everything that he does. >> oh, wow. >> right about here he gets the idea of what it's like to be a girl. >> i feel like people love to talk about how girls are

. >> good afternoon, i read a lot of hank william material. in case you wanted to know, hank williams sang a lot of about suffering and pain because he believe if you spread the awareness of human suffering out enough, somehow it helps. he himself, was born with an incurable very painful spinal defect called spinal bifida. he died at the and of 29. mostly from taking what he felt what's helpful in relieving that pain. thank you for listening. >> thank you. next speaker please. >> tom. thank you. closing out transportation. corporate, private buses stopping at muny. need to be all accessible. they need to pick up muny riders also. i mentioned this before. all transportation workers muny, bart, san mateo. everybody in that work, all the workers they're losing their right to strike. they should have a right to holiday. they report to work. they open up the gates. they close the boxes. people ride free. i believe that's going to be one way to help mitigate problems with workers and the corporate structure of things. thank you. >> thank you very mu

. >> hank silverberg is near the u.s.itol where the cleanup is underway in time for the morning commute. hank. >> reporter: yeah, it is good news. they had a lot of people here. the concert ended about two hours ago. but as you can see and hear, the cleanup is underway trying to get pennsylvania avenue back in shape for the morning commute. organizers say 100,000 showed up for this, many attracted by top-name acts like carly rae jepsen. this was the culmination of 12 days of celebration in d.c. it included a festival and a concert. talking to some in the crowd, many were thrilled in the music and happy to help a nonprofit organization that serves the needs of the lgbt community. >> accept the lgbt community, i think it's big in today's day and age, especially everything going on at the supreme court. equality for everybody, no matter who you love, where you're from. it's just great. >> we belong, and we will be accepted, and that's coming from pamela flynn. >> reporter: for a lot of the folks, this was about the music mor

and he said, yes, but hank does. >> jimmy: hank would, yes. >> yes. >> jimmy: very hank, very hanky.es. >> jimmy: speaking of great television shows, you were on "the love boat" more than once, yes? >> yes. i had such a bad experience i decided to do it twice. [ laughter ] listen, gavin and all people out there, this is not -- i come from broadway. i thought it was a big deal. they paid me five grand. i did "the love boat." i was horrible. >> jimmy: were you? >> no, horrible. >> jimmy: how would anyone know on "the love boat" if someone was horrible? >> there's a thing at the end. jack jones is it? >> jimmy: the theme song. ♪ love exciting and now and they put your name and up you have to go around like this. i was so screwed up. they went, action! ♪ love exciting and i went -- i was like this. >> jimmy: we actually have that video. well, roll that. let's see. ♪ the love boat soon we'll be making another run ♪ ♪ the love boat promises something for everyone ♪ [ laughter ] [ cheers and applause ] >> jimmy: do you keep in touch? >> do i keep in touch? >> jimmy: with shirley the seal? >

now -- >> hank wince on that level. >> on that level.ut he loses on another level. >> he did you doesn't deserve ds that is where it came out. very -- it is a lengthy decision. i will say this, hank basically said it was a taking case. he said that government came in, gave the company no alternative but to take a drop dead bailout where the government would take over company and wipe out a lot of shareholder value including himself a net worth for the valley of the stock was in billions, and you know when he sold it. to 300 million not nothing. but not billions. right it went from many billions, he said that was illegal because they did it in such a way they could have done a private sector solution, and what he said was the method they did it was illegal. and so it was a taking of my net worth. >> they didn't hold aig to the same standards as they held -- >> other banks. they held them to a higher standard. >> wiped out shareholder. goldman or stanley relatedded to this. >> much of his argument resonated with thomas wheeler, the judge a

. >> i'm tom hanks.tive with the indiana state police. >> demetrius burks gets more bad news. ♪ >>> 27 years ago when mitch swallows first walked into prison to begin serving 100 years for attempted murder and rape, there were many things they couldn't foresee. chief among those was that he would learn to quilt. and that quilting would change his life. >> i believe that i've changed to the good, i think it has shown within the level of trust that i have amongst the staff. it's a terrible thing that i done. it's something that i've worked on hard in order to know i'm not going to repeat. it's something i've got to live with and feel regret for. >> but now his quilts bring comfort to others and swallows learned just how much comfort when the mother of a young indiana soldier who died in the iraq war wrote him a letter. >> it says, dear man of the wabash valley correctional program, how very honored to receive the quilt you made in honor of our son. i want you to know that i was having a very sad day the da

headed by former ceo hank greenberg.the question is that the regulation we've seen dodd-frank and the like whether it looks at the vulnerability of metlife and the financial crisis. as they overreached and that is overlooking that. if anybody missed this, we will have more this morning with "mornings with maria." thank you for that. ceo hank greenberg will appeal a judge's ruling not to reward shareholders $40 billion in damages they were seeking. the judge ruling this week the government overstepped its authority and its 2000 a lot of aig. he says zero damages were awarded because aig alternative to the government harsh tale of us to file for bankruptcy which likely would've of shareholders at nothing. greece got crisis drags on as the top e.u. executive engages in a war of words. prime minister alexis secrest trying to humiliate greece with more cuts. european commission shankar junker reacted angrily accusing tsipras of misleading the public and he was against hiking taxes on medicine and electricity bills. the centra

. >> for hank greenberg, vindication is not enough. he wants the money as well. he wants against the government. ♪ pimm: welcome. i am pimm fox. betty: i am betty liu. we are slightly higher but marginally. we are rating 2 -- waiting to read with the fed has to say about the hearing. 19 points, the s&p higher as well. really .4%. oil prices are taking a bit of a dip. we have supply numbers out in the u.s. hopefully more supply than was expected. causing nymex oil to drop 1.3%. gold futures are also lower down by .5%. pimm: let's look at how the market is performing right now. a little bit of selling right now. everybody is waiting for the release of meeting minutes are let's take a look at what the u.s. dollar is doing against currency pairs. a little bit of a decline. the end, the dollar strengthens against the yen. a pound sterling also showing constraint against the dollar. time to show the top stories across the bloomberg terminal at this hour. waiting to hear with total reserve says about the prospect of higher interest rate. janet yellen approved the meetin

hank greenberg, thank you for joining us.e investments around the world, before i get to the story and your victory. what about greece this morning? >> that's disturbing. i would hate to see greece leave the euro, i hope there's a last minute save, but it doesn't look like it. maria: you have some investments in europe. do you think we'll see an impact to the euro zone if greece in fact exits? >> i think there will be many, many companies that are invested there. we're not and so, no impact on us. maria: with an about china? we saw a big selloff there, hank, and i know you're back and forth to china all the time. the stock market in china sold off the most in 19 years overnight with the shanghai index down sharply? >> yeah. maria: what's your take? >> they're having some problems economically in the slowdown. it's a little more exaggerated there than it should be. i know they're working on it. in fact, i'm going to china later this week. i'll have a better feel when i get there, but, you know, i'm concerned by it. maria: let

hey hank. >> this is not just about bank records and credit cards. for federal employees, this is a big deal and it could have more consequences. >> it affects me, i'm scared to death. >> federal workers do all kinds of things. many of them are worried about this breech. >> the federal government can't guarantee security, who are we going to count on? >> there are some things you can do and are worried about the information being used. starting with monitoring your credit accounts. >> you have to change all your passwords for all your core functions, e-mail, financial services, social media. what happens, if an intruder gets into your e-mail account, they change all your passwords and lock you out. >> think about facebook, twitter, and other social media. eliminate anything that fully identifies you, like your birth date. >> if i go through your social media account, what your mom's maiden name is, find out the name of your first dog, i can probably get into any kind of knowledge base authentication out there. >> and this is not just a one- time fix.

hank silverberg, wusa9. >> that is a huge set of roots there, hank. >>> speaking of weather we could be in for flooding over this weekend thanks to what's left of bill. >> oh, bill. topper is tracking what could be heading our way with live doppler 9000. how is it looking? >> at least tonight it's more quiet. we do have a flash flood watch in effect for the area 8 p.m. saturday to 8 a.m. sunday. technically our friends in southern maryland, charles county south is not under the watch. everybody else is. that just means flash flooding is possible. let's talk about what's going on now. here's radar the last hour, a couple showers. we watched 1 little storm on the east side of 70 and 270. this is going to move essentially south east on the east side of 270. so it's going to storm track into frederick or very close at 5:22 and maybe newspaper market at 5:38, just some heavy rain possible with 245-6789 -- with that. let's talk about futurecast now, afternoon storms and perhaps big rains tomorrow night, but at 2:30 it's 86 downtown, 84 in frederick, showers and storms developing to the wes

he would be replaced by hank bower, but currently tied with him.ck told us that he got to know hank bower a little bit during the his days managing the yankees, and hank bower would show up on old timers' day and visit him. >> tom: what a great time when they would come back to visit in those days. buck was a fan and mickey mantle was his hero growing up. >> kenny: and ma chauchado sends this one down the left field line. over to make the catch is young. one away and he said that mickey mantle, and they would get mobbed by the fans and reporters and teammates, and the current yankees would sneak into the office to chat with buck and chat. >> tom: and tell stories that we can't pass along, but tell the store ris that i cannot imagine what is it like to have buck have mickey in the office just sit there and tell stories about the good old days. >> kenny: and nolan reimold taking a called strike. one of the turning point s ins in the game is his at-bat in the third inning when he popped one up in foul territory, and dropped in between mccann and teixe

hank sued the federal government. he took depositions from hank paulson, and then the fed chairman, and then the president of the new york fed to build this case that the federal government illegally bailed out aig by taking it over, wiping out -- mostly wiping it outta the existing shareholders, like himself. and that was an illegal taking of property that individuals held. he said that if the federal government did other things, like, turn to him, he could have provided help with the private sector, the federal government said basically they didn't have enough time. this thing ended up in front of a friendly judge, thomas wheeler. >> what did he say. >> here's what he said. he said the government did illegally extract that from you and other shareholders. so he said the ruling is that hank was right. however, there are no damages here. why are there no damages here? because you cannot file a takings claim, it's a specific claim, on something that is illegally extracted. it's basically saying if you want to sue them,

. >> this is hank, you have to will over there, hank, we want to see the front have of you, hank whatk. >> he is a two and a half user old yellow lab both a railable for adoption, and will be there on saturday, at katie o'donnell a's. >> he will there been from 11:00 to 2:00. >> if you want this dog better get there early i think there will be a line. >> thanks, i hope so. >> you will go out stage that way bye sweetheart yes, and here comes kitty cats also veilable for adoption. >> yes yes. >> you guys are from. >> northeast animal rescue good northeast animal rescue. who do we have here. >> wyatt. >> what a sweetheart, beautiful cat. >> and these cats are three month-old. >> little kittens. >> if you want to have a kitten or two to your family they will be here on saturday too. >> katie o'donnell's. >> yes. >> and there will be more i bet. >> yes. >> spring is kitten season. >> yes. >> you have quite a few. >> hello baby, hello, do you see that face. >> whatever you are in the market for thank you so much i bet you are excited about this on saturday. >> yes good all right. now you ma

maria: good news bad news ruling for hank greenberg. the thick moving to stem uncontrollable gun violence in new york city at mcdonald's to make a big announcement on his white house intentions. >> from the fox business headquarters in new york city here is maria bartiroma. maria: happy tuesday. i am maria bartiroma, it is june 16th. with me this morning is scott brown along with sandra smith. we will talk with them in a second. judge thomas wheeler, the government violated the law went a controlling stake in aig during the financial crisis but hank greenberg and thousands of shareholders who joined his action did not win any of the $40 billion in damages they were seeking. king greenberg tells me he will appeal that part of the decision. more on this coming up. big news on a front-page of the wall street journal, united health and anthem seeking to acquire smaller rivals, the two biggest health insurers by revenue are scrambling to cut costs as they cope with obamacare. u.s. air strike killed al qaeda's number 2 figure and the leader o

hank greenberg continues his push for financial damages tied to the bailout of aig back in 2008.alix: so good to have you here. look at the a markets. a lower day here across the order. the dow off by 57 points. if you take a look at the smp, you can see where o

hank greenberg supposedly won and lost a key court ruling.on that the judge agreed with him on the argument that the government unfairly took over aig and he lost and didn't get a penny out of them. that could be about to change. gaspo after this. you wouldn't take medicine without checking the side effects. hey honey. huh. the good news is my hypertension is gone. so why would you invest without checking brokercheck? check your broker with brokercheck. iand quit a lot,t but ended up nowhere. now i use this. the nicoderm cq patch, with unique extended release technology, helps prevent the urge to smoke all day. i want this time to be my last time. that's why i choose nicoderm cq. . neil: all right, just in case you have any doubt the deals are gyrating the markets. blackstone group and the carlyle group are making a joint bid for ncr, the stock has been halted, in a deal that could be worth north of 10 billion dollars. that would include, make it this year's biggest as far as outrice purchases in the tech arena this year. stock halted, it was

it said son of white millionaire, tom langs as if we don't know who tom hanks is. you know, the black guy from "apolo 13". >> he is such a good actor he could have been. >> they don't give out the awards for nothing. >> if he was your son how would you tell them? >> he must bow mortar fight. he makes justin bieber look like put a tillman. >> we thought they were a national hero. having said that and by the way eminem is the real deal. he was from the hood. this guy was a reach guy. i want to break the news to america. white kids, everybody they are using the word all the time. i would like to see this guy go to harlem or the bronx and start using it. the kids among themselves, they are using it con constantly. it is mainstream almost. >> it is like "like." you know? does it make him more or less attractive? >> definitely less. i hate all kinds of drama on social media. speaking of the kids, there are so many glorious words in the english language that i don't care the intend behind what you are saying. but let's use a more colorful vernacular. do you have an n-word

hank greenberg is appealing the claims court decision in the aig bailout case.had this story smoked. >> yeah, earlier today we learned at fox business that he would appeal. his lawyers, david boies, and starr international new insurance company he runs confirmed to everybody that he will appeal this ruling. it is pretty interesting, guys, he spent $100 million on this case so far. he believes that, you know, based on what the judge said, what the judge didn't say, basically said that he won on the merits but he basically also said that he should bring another type of case, not just the one on taking. that is a specific thing where the government came in and stole his shares. he thinks if you read that ruling, the basically the judge says he should bring this case another way and if you read the statement he put out, it looks like they're going that way. what they're essentially going to say that the $25 billion that the federal government has made, made on aig bailout should go back to aig shareholders. that is illegal because the company was taken over in a ill

>> the whole country is talking about the son of tom hanks. not tom tom hanks.ry his sons, and maybe the son you've never heard of, his name is chet. of course he had chet with rita wilson, the actress, okay? he professes to be a rapper, he does have a cd out. he says he should be allowed to use the "n" word not only in his rapping, with his hip hop friends, but also in the general public. >> yes, just when you're out walking around and talking. so his use of the word, gotten an lot of people upset, especially because he used on social media in a post recently. >> lauren, give us the up-to-date information, as of this morning, on chet. >> we all know this, one. most offensive possibly devisive words in the english language. because's part of the hip hop community, and it is a part of the culture and the music, he say he gets a pass. hangs says he uses the words as a term of endearment, and he's making no apologies about. >> this here ' a picture of chester with his parent. but it started with a picture he posted on his instagram page standing next to a friends.

. >> reporter: this is hank silverberg near rfk stadium where they're holding the opening ceremonies for the world police and fire games. there are people from all around the world here, 60 countries and 61 events. some of them have already begun. up first of the 61 events motorcycle street, a rough course for motorcycle cops set up in a parking lot at dulles expo center. >> if you're fast and hit a cone or rub a cone, then you are not clean obviously. the goal in these courses is to be as precise as possible. >> reporter: the sports include what you might expect for police and firefighters like pistol shooting and honor guard, but there's also ice hockey and basketball. >> we have 11 guys, 12 guys on the basketball team with the coach. we've been practicing since december, so we're getting that team unity in. it's like we're our squad now. we have squads and we work in the streets and we all have each other's backs. >> reporter: who are the fans? >> i'm excited to see all the players coming in from different countries. i'm from a different country, so i'm so excited that fairfax cou

. >>> this is hank silverburg, i'll have that story coming up. >>> justice's rule on the key portion of the affordable care act. i'm craig boswell, what the decision means for subsidies in all 50 states. >>> the purple line project is moving forward, but it could cost some local residents. >>> and get out of the water. a close up look at the shark spotted swimming in oc. >>> but first tonight at 7:00, the weather is quiet outside right now, but as topper would like to say we're not in clear just yet. good evening i'm derek mcginty. >> i'm debra alfarone. we are under a yellow alert for storms. chief meteorologist topper shutt says some of them could get pretty intense. >> reporter: i'll tell you what, just in the last hour we've seen some activity west of hagerstown andcome -- cumberland as everything was the garden variety showers pushing through. but now we see that activity up to the north and to the east of warrenton as this is not severe, but heavy rain. over towards hagerstown, this is going to continue to move off to the east and the southeast as they could have heavy downpour

>>hank you. >>>hank you for what you're trying to do. we have to take a break.oming up next, you'll meet the unid states attorney, melinda hague, who led the drug abuse summit at the san francisco >>> welcome back to "beyond the headlines." we are talking about the epidemic of preriion drugs killing our kids. joining me right now is the honorable melinda haag, u.s. attorn for the northern district of california and was nominated by president obama and confmed by the u.s. senate in august of 2010. you and i had the pleasure of working together othe bullying campai in san francco. >> i have. >> you hadverybody at the drug summit from law enforcement to public health decisionmakers to survivs there. this is near and dear to your heart. >> is. the cdc reports that prescription dug abuse is an epidemic in the country. that viewis supported by what we seendear in the northern district of california. i've heard from parents, educators, medical professionals, pharmacists, and we wnted to find a way to bring them tgether to talk about best praices,alk about data, informa

hank? >> reporter: well debra, the prosecution in the case has thousands of pages of writings, blogs, e-mails, all attributed to him. dating back in decades. those writings were characterized as a manifest to hate. he never reportedly mentions the victims, but writes extensively about utopian elites. >> they were all well known in alexandria and all lived within a few miles of each other. severance lashes out at the judicial system, which denied him custody of his child. more on that will come out at the trial. but in one of the pre-trial motions, they have provided a glimpse of what is in his mind, what he was thinking. a month before he was murdered in 2013 and a decade after nancy's murder, writing that he received no satisfaction. and after a revenge killing. murder is good. court justice is bad. and elsewhere a chilling photograph for the people in the neighborhood where all three victims live. introducing murder to the safe and secure neighborhood, that they would do it again and agai

. >> woodruff: in his new book, hank paulson goes even further, arguing that the u.s.d welcome chinese investment more broadly, holding up japan as an example. >> i argue all the time that the greatest compliment, any country can pay to the united states of america is make a direct investment here that creates jobs. back in the days when bob was my boss at goldman sachs, i remember very well when the japanese came in and they bought the rockefeller center and my mother was horrified, just horrified. and i said to her, "mom, what are you concerned about? they can't put the rockefeller center on an aircraft carrier and take it back to japan. we've got the rockefeller center and we've got their money. this is a good thing." >> japanese companies subsequently created a lot of transplants in this country. manufacturing in this country manufacturing companies that hired american workers. and now, there is a lot of enthusiasm about the japanese investment in the united states. and i think the same thing could happen with china. i think we would benefit greatly from chinese in