at harvard.year, students took a final exam, open notes, open book and open internet, but one thing students cannot do, they, quoted the instructions, may not discuss the exam with others. the professor noticed too many similarities between exam answers. now, the university is questioning 125 students for allegedly cheating. >> it's just more confusion we thought to by and large display -- >> let's go to the author of a book called "that book about harvard." eric hester went to harvard and graduated from harvard, 2008. thanks for joining us. you're not surprised. w why? >> just because cheating happens at every school and harvard, i think the reason it's become such a giant national story is because it is harvard and there's an expectation of you know, integrity there. and also, the fact that it's 125 students, which really speaks to perhaps a larger, more cultural flaw, rather than just a couple of rogue students making a bad decision. >> eric, the president of harvard made this statement. i'll

and here are these people as well who get into harvard like george w. bush he went to harvard we obviously most people in the world know he's not the brightest in the room these are freaks and zombies and vampires you know the children of the corn remember the horror film this is like children of the crimson i think go through harvard square and they come out the other side ready to rape and pillage as a club talker for the talk for. the string strike well you know the other thing of course is that a lot of our central bank heads and all the congress people as they're going to be in congress these people are most responsible by the way for gina rinehart the australian mining tycoon for being so much wealthier now then she was prior to congress and the fed and the harvard graduates trashing the global currencies and the price of these iron ore products has nothing to do with her adding value to the iron ore. other words you have these economists like paul krugman another saying no we couldn't possibly go back to the gold standard keynes call it the barba

who are conservative, who've been to harvard, grover norquist went to harvard. >> stephen: do they still go there. so you kicked him out. >> they succeeded there. they did very well. they went on to do good things in life. so we see harvard as a place for education for people who are conservative; people who are liberal; and everybody in between. >> stephen: is if for dumb people? is it for dumb people. >> it's never dumb to get an education. >> stephen: okay. (cheers and applause) >> stephen: so you are prejudiced against dumb people, good to know. okay. now young lady, you have written a book called "this republic of suffering: death and the american civil war" and it's the subject of inspiration for a new documentary, death and the civil war directed by ric burns. now i know there was death in the civil war, okay. but there was certainly death before the civil war. what is special, what's special about death and the civil war? >> the civil war brings to the american people a level of death that is unprecedented, that is unlike anything they anticipated or had experienced before. and i

after harvard. we're going to come to your harvard commencement speech. >> oh, that was the fourth greatest. have they ranked the commencement speeches? >> i think you've got to be number one. you're fourth on the list of simpsons episodes. >> that i can accept. >> when you went through harvard, everything must have seemed like it was all going swimmingly. unlike most comedians i've interviewed, you've got no agony, no torment, no pain. >> that's the dumbest thing anyone has ever said to me, piers, and i mean that in the nicest way. yes, tons of agony. it's very hard to look at someone's life in the abstract. >> where was your agony? >> insecurity. a feeling that i don't deserve to be where i am. for example, i think when i went to -- i worked very hard in high school. that's the dirty little secret about me, is i was not -- i was always a very hard-working student and wanted to go to a good school and worked really hard to go to a good school. and when i got there, immediately had the fear that a l

and that, i mean, it was a dating site for harvard.nd i agreed to help them out with it--to help them, right? i mean, it wasn't a job. they weren't paying me. i wasn't hired by them or anything like that. and then, the idea that i would then go work on something completely different, like facebook, and that they would be upset about this all these years later is kinda mind-boggling for me. now, i mean, this is another thing that i think the movie really missed is, i mean, they make it seem like this whole lawsuit is such a huge part of facebook's history. i've probably spent less than two weeks of my time worried about this lawsuit at all, right? >> maybe you should've worried about it a little more. [laughs] >> maybe i should have early on, right? but i guess the point that i'm trying to make is, this has never been a big deal to facebook or its evolution. >> do you feel any, any remorse at all about the twins or anything that happened with them? >> i mean, after all this time, i feel bad that they still feel bad about it. >> kara swi

harvard university says -- excuse me. harvard university is the latest institution facing these cheating allegations after school officials learned an alarming number of students may have shared answers or plagiarized on a final exam. fox's heather hedges has the story. >> reporter: behind these gates harvard university has produced some of the most well respected world leaders and trail blazers, but now that pristine reputation in danger of being tarnished all because of a cheating scandal the university admits is unprecedented in the school's modern history. 125 students accused of cheating on a final exam last spring for an intro to congress class. it was a take-home exam, but right on it there were explicit instructions to complete the exam alone. the harvard crimson's rebecca robbins has been speaking with students close to those under investigation. >> very traumatized, very upset about the investigation. there's certainly more to this story. >> reporter: the situation surfaced after the course's professor noticed s

and still ahead we'll have a new word of the day for you and i think harvard grads have the best shot of being successful that may not be the case we'll explain in loose change but first your closing market numbers. well. it's technology innovation all the developments around russia we've got the future covered. she could leverage or. was able to build the world's most sophisticated robot which on fortunately doesn't give a darn about anything to mission to teach reason why you should care about humans and. this is why you should care what you're only on the r.-g. dog. all right it's time now for word of the day that's fun we're bringing back where we break down a financial term or concept for our smart viewer but just maybe not the financial expert and today it is e.t.f. or exchange traded fund given this exchange traded funds are poised to overtake credit derivatives by year end as a way to speculate on junk bonds and there was also this from last week investors plowed more than fifteen billion dollars into e.t.s. in the past week listing assets to a record amid expectations that th

and still ahead we'll have a new word of the day for you and if you think harvard grads have the best shot at being successful that may not be the case we'll explain in loose change but first your closing market numbers. wealthy british soil. sometimes it's because. markets why not. find out what's really happening to the global economy with mike's cars are there are no holds barred look at the global financial headlines tune into cars a report. coming out tomorrow. morning. coming up. all right it's time now for word of the day that's fun we're bringing it back when we break down a financial term or concept for our smart you are but just maybe not the financial expert and today it is e.t.f. or exchange traded fund given this exchange traded funds are poised to over take credit derivatives by year end as a way to speculate on junk bonds and there was also this from last week investors plowed more than fifteen billion dollars into e.t.f. in the past week listing assets to a record amid expectations that the federal reserve would launch a third round of quantitative easing now by attrac

and still ahead we'll have a new word of the day for you and i think harvard grads have the best shot of being successful that may not be the case we'll explain in loose change but first your closing market numbers. like millions of americans i've lost thousands of dollars in retirement funds and i haven't had as bad as many it's not just about the them it's about me to. me ma'am. ya got to show. and say. jeez. you. need it. now. since this is my film i get the last word this financial crisis will not be turned off like a light switch. download the official publication so choose your language stream quality and enjoy your favorites from alzheimer's t.v. is not required to watch on. that's all you need is your mobile device for charts or any time. all right it's time now for word of the day that's fun we're bringing it back when we break down a financial term or concept for our smart viewer but just maybe not the financial expert and today it is e.t.f. or exchange traded fund given this exchange traded funds are poised to overtake credit derivatives by year end as a way to speculate on

how about harvard?an 100 students in an intro to congress have been warned that their degrees could be in jeopardy. lisa sylvester takes a look. >> reporter: the instructions clearly state, open book, open note and open internet with one major rule, quote, the students may not discuss the exam with other, but harvard's administrative board have been investigating if over half of the class of more than 250 students inappropriately collaborated or plagiarized on that exam. the review has not been completed but even the allegations will hurt the university says ethics expert and author bruce weinstein. >> i was appalled by the news and i will tell you why, you don't want to see harvard and cheating in the same sentence. it is horrible when any student cheats or accused of cheating, but we look to harvard to be one of the leader institutions in educations and a leader we expect more from the places like harvard. >> reporter: the alleged cheating came to light after the assistant government professor teachin

i want to tell the story of what happened to you after you left harvard.as a wonderful life template that anyone who is considering the life after college. you see kids after graduating and got a three-week start to the cable show and terrible dump. i bought an old car and the car that isuzu. >> they only manufacture because they thought technically it's not a car. >> it was a hair brush more than a car. terrible car. >> you go to work on a show for a year. you must be thinking i'm a harvard graduate on the show, life is beautiful. >> i would love to pretend that's what i thought. anyone who knows me will never think we are in good shape now. i have never been that. i got that job and as i said in the speech, my writing partner and i lost that job. a lot of series of misvnchls and highs and lows. >> the wilson's house of suede and leather and you are say thing there thinking how about a harvard graduate end up here? >> i had those thoughts and los angeles is a very -- you don't have a job in los angeles, there is something about it that's more profoundly d

political institutions though has been eroded by malfeasance corruption dysfunction are students at harvard preparing for their entry into the ruling class with cheating and their intro to congress clowes will tell you about it let's get to today's capital account. all right so seemingly the latest in the debate over if and when q e three will happen and how and if ben bernanke you will justify it seems to center on the issue of unemployment with unemployment stuck above eight percent and achieving maximum employment being one of the fed's official mandates whatever you may think of the fed's true mission the debate is whether u.s. unemployment woes are cyclical so the fed could in theory do something to affect the situation or if there are structural meaning the fed is really just a bystander folks now this was reportedly a debate at the jackson hole central banking conference over the weekend and i couldn't help but have a bit of deja vu when ben bernanke he was quoted as saying this i see little evidence of substantial structural change in recent years following every previous u.s. reces

we look to harvard as one of the leading institutions in education.ore from places like harvard. >> reporter: the alleged cheating came to light after the assistant government professor teaching the course noticed similar answers from students. ben samuels is a senior. he says students in the class they spoke to were dumbfounded they were being accused of cheating. >> i think at this point there is more confusion than anything else. the students we talked to by and large are still trying to figure out exactly what they are being accused of. >> reporter: in a statement harvard university president said these allegations if proven represent totally unacceptable behavior that betrays the trust upon which intellectual inquiry at harvard depends. other colleges are taking note. andrea is the associate director of student conduct at the university of maryland. >> they are probably going to use this opportunity to educate students about the importance of integrity and the importance of academic integrity and making sure that students understand it is not jus

all right so harvard is conducting a huge cheating probe involves one hundred twenty five students in the class the introduction to congress ironically the questions over whether or not they were cheating on the take home exam students are fighting back they're using the media to do so they claim their professor condone the action saying that collaboration essentially is ok what i find interesting is at a time when when we just hear so much about malfeasance corruption and dysfunction among all of the political institutions that people are supposed to be able to count on and a lot of them come from the most elite universities are these harvard students really get you know in the trenches of what they're going to need to succeed as the next members of the ruling class these guys are front i mean this is this is a bidding war on wall street that get these guys are going to. go it was reportedly going to pan to the table to list the names when i cooperate or collaboration i think so these guys are perfectly made to understand wall street the way it works fraud all that stuff it's great b

you went to harvard. you should know that. >> snuck passed and passed part of sneak.t me, i'm conan o'brien. well, by god, i've got a couple of words for you. you better get your act together. >> saw your greatest hits there from the late show. when you look back there, you've done thousands of interviews now and thou sasands of monologues. >> so this is the positive part of the interview? i've got five minutes left to live? >> yeah. >> fan tastzic. >> what would you go for? >> which guest would i go for? >> or a moment or something where you really thought it defined you or for whatever reason, was particularly memorable vmt. >> wow, okay. i did a very silly remote once where i -- we found a group of baseball players that play r play baseball in late 19th century rules. and they do it in the costume with the mustaches so i went out and spoke in that turn of the century baseball. and it was so me. i've always said whenever i go, don't even give a eulogy, just shoe that piece. and it only lasts a few minutes. it's me with a big mustache. that's my favorite thing to do.

. >> prince harry, a cheating scandal and harvard and much more. >>> fun finds for fall. matt and i were wondering where to get hip velvet jeans, cool nail colors and hottest looks in jewelry from our pal jill. >> in our next half hour the year's best hair products as well. first let's get a check of the morning's top stories. natalie standing by at the news desk. natalie. >> good morning, matt and al, tamron, everyone. tonight president clinton speaks at the democratic national convention formally placing the president's name in for the nomination. last night michelle obama gave a personal plea for her husband's re-election calling him the man we can trust, saying success isn't about how much money you make but the difference you make in people's lives. she also said her most important title is mom in chief. >>> in brussels this morning, the u.s. embassy was evacuated while police and bomb disposal experts suspected one suspicious vehicle that contained a gas canister. police closed several main routes of the city and secured off the security zone around the embassy. >>>

and plenty of people in harvard, the most obnoxious thing in the world is a harvard grad with a c-average went to the south carolina school of mines, you know something. stuart: do you have gone to south carolina school of mining than what you did in harvard. >> i specialized in social studies and then at oxford and-- >> now here he is now on "varney & company." stuart: social at harvard and-- >> it represents everything you believe is right in lives. in terms of free market. stuart: i don't have a clue up who enoch powell is. >> spokesman for free market capitalism, led to margaret thatcher and revitalization of britain. stuart: you learned something. >> and oxford, your country. my home country. >> i've been covering for fox business, a vocational school they're thriving, and unfulfilled jobs in this country that need a specific requirement. stuart: we've got to go. the latest read on the housing market in just a few minutes and we'll bring that number to you at the top of the hour. plus, president obama blames bush again. we will play you the tape. and real estate developer don joins u

those for the days when if you wanted to go to a harvard you went harvard. it's a little different now. so he went to harvard and then to columbia law school which she never finished because he quit school the minute he learned he passed the bar exam. only rarely that law students can pass the bar exam before they have earned their law degree. the fact that frank and manage to do so is further evidence that he was a very, very bright young man. the fact that he worked hard to describe the style he had acquired to make up for his lack of more relaxed self-confidence social behavior, he would lose much of that are proposed, but not all that. that voice, so would remain to the end. then he get married to another roosevelts, the doors favorite niece, eleanor. the merits transformed theaters relationship to fdr from cousin ted to ogle said. also significantly, of uncle ted by this time was president of the united states. here in this pause for a minute to examine briefly just how theodore roosevelt got to be president because it bears directly on franklin subsequ

he's an assistant professor at harvard's kennedy school. you very much for joining us. >> hi, gary. thanks for having me. >> the artful dodge. what is that all about? >> so with a collaborator here at harvard, we've been doing psychological experiments to understand how its they politicians manage to evade questions without being detected so we've run a series of these experiments where viewers are randomly assigned to one of three conditions. in one condition they watch a video where a moderator asks a question that say as what will you do about the universal health care problem in the world. the politician said, i'll glad you asked me that. we need universal health care. we then splice out the question, have the moderator ask about the illegal drug problem. he answers the same thing and then a different group watches the moderator ask a question about universal terrorism. they think he's just as honest, trustworthy and likeable as the person who answered about health care and answered but they couldn't remember the question he was asked.

. >>> and the scandal rocking harvard's hallowed halls. the students facing expulse due to cheating allegations. i'm jessica and this is my emergen-c. keeping up with the kids is tough, so i drink emergen-c. with vitamin c for immune support and b vitamins for natural energy, i'm ready for whatever they get into. get your free sample at myemergenc.com. stay healthy and feel the good. car insurance companies say they'll save you by switching, you'd have like, a ton of dollars. but how are they saving you those dollars? a lot of companies might answer "um" or, "no comment." then there's esurance. born online, raised by technology, and majors in efficiency. so whatever they save, you save. hassle, time, paperwork, hair-tearing-out, and yes, especially dollars. esurance. insurance for the modern world. click or call. >>> welcome back, everybody. this is what's left of an embankment in southern utah after a day of heavy rain, rushing water, completely washed away the middle of that embankment, sending a deluge into the town of santa clara. the

then off to harvard law school.wo more pieces of the book i want to ask you about so we can tie the stories together. now we are in 1989. where is his father? >> guest: his father is dead. he died in 1882 in a car accident driving home drunk from sort of a makeshift bar area near the nairobi hospital to his fourth wife's house. but we would never be we saw the streets in the area with a tragic accident occurred. who is almost inevitable. he'd been in many very serious accidents, drunk driving several times in his life and that one took life. >> host: his grandparents. are they still lead at this point? and his mother? >> guest: yes, all three are alive. database first and and early 1990s. then his mother dies right before his book comes out, "dreams from my father". i'm the first iteration of that book in 1995. of uterine cancer at age 52 i believe sushi never got to see his political career at all. i've been matalin, the grandmother, in many ways his strong figure he died three days before he was allowed to preside

she is a harvard law professor.urlong debate is courtesy of wbz-tv in boston. >> good evening, and welcome to the massachusetts senate debate. we are welcoming our listeners onwbz radio -- on wbz radio 1040. welcome to the candidates. they are scott brown, the incumbent elected to the senate in 2010. and the challenger, elizabeth warren, a professor at harvard law school. before we began, a brief bit of information about our format. we will have an open. of rebuttal and debate period -- period of rebuttal and debate. the hard and fast rules, no talking over each other and no interrupting. by prior arrangement, mr. brown, you will take the first question. before we get into the policy issues that will dominate this debate, let's give something out of the way. at times during this race, each of your campaign has appeared to question the character of your opponent. opponentoet's -- your 's character an issue in this debate? >> first, i would like to thank professor warren for coming out. i would like to think the viewe

he was the same guy as i and harvard. >> you remember him well? >> he did not talk all the time when he did, you could hear a pin drop because everyone wanted to hear what he had to say and what he said was very small -- very smart and well intentioned. >> thank you for being with us. >> if you go to our convention hub, you can find all the speeches, easily clippable and shareable. you can make easy clips and share them with your friends. we will have an aggregation of twitter comments and it is a place to see and share with you have heard tonight and also we have a similar page for the republican convention. an opportunity to spread the message. john dulles has a tweet. we have one clip from his acceptance speech we will show you at the end. >> thank you very much, everybody. thank you. michelle, i love you so much. a few nights ago, everybody was reminded just what a lucky man i am. [cheers and applause] malia and sasha, we are so proud of you. [applause] and yes, you do have to go to school in the morning. [laughter] [applause] and joe biden, t

then cover article after cover article in the harvard business review predicted that america wins the cold war but japan and germany are going to be the dominant post cold war economy. those predictions seem rather silly in retrospect to diminish

both brothers went to stanford and harvard law school. and importantly from texas, a state the democrats hope to convert from red through purple to blue some day. >> and to do that, the rising number of minorities and other, others, especially the latinos. the fact that these two men are going to be standing on this podium, the brother, introducing his brother, the keynoter. the brother is running for congress. of course, his brother, the keynoter is the mayor of san antonio. they believe that these two men are rising stars. especially the keynote speaker. and the hispanic vote, brian is so key to, the re-election of barack obama. because he is overwhelmingly popular among hispanics. but he has to build that enthusiasm. they think they're going to do that tonight. >> deep in the heart of texas. the texas delegation here. nbc's ron allen. ron, this is their moment. we are second away. >> it is their moment, brian. they're surprised -- a lot in the delegation admit they were shocked when they heard the mayor of san antonio was going to deli