meanwhile, the "wall street journal" report, citi is on the verge of hiring john haver as president and. >>> a long-awaited decision from federal regulators cleared the way for comcast to purchase a majority stake in nbc universal from ge, the current owner of this network. a deal is expected to close by the end of the month. keep an eye on goldman sachs. the investment bank reports earnings before the bell this morning, and finally, you won't believe who is behind apple's most popular free app, bubble ball, which has been downloaded two million times. a 14-year-old utah boy who says he is already working on mother one. makes me feel like a slacker. coming up, an nba stunner. a college win are at the horn, and an equipment problem on the tennis court you probably don't see every day. plus, atlanta's josh smith shows the boys from south beach a thing or two. your early morning sports is straight ahead. >>> active winter weather continues across the country. your forecast is coming up. you're watching "early today." >>> good morning. if are you just waking up, this is "early today." in sp

europe looks scary t looks bet they are week because of the portugal but overall it's scary to ef havers. and that had pushed money into asia. but recently with the drop off in some of those markets, suddenly the u.s. equities are look better. it is et er for a lot of investment banking dealings and asset management piece of the business of banks. >> tom: fred finally s there a part of the banking industry that you're advising investors to avoid in 2011 even if the financial reports look pretty good? >> well, we really think what you need to at least be cautious is those banks that still have tarp. that means they have yet to be able to increase their dividends. that means they also are going to be probably out there raising some capital which is a tough place to be as a shareholder. so that's really the area of the banks where we're pretty cautious. on the other hand those that can raise dividends, that's a big deal for the banking industry and we think it will drive pretty big returns this year, not great but pretty good. >> tom: we've heard expectationsing look for those dividend incr

do it for this edition of the kaiser report me max kaiser and stacy herbert i thank my guests share haver of the alternative information center if you want to send me an e-mail please do so at kaiser reported r t t v are you until next time this is max guys are saying but you all.

64 degrees for sunnyvale, you haver 60s for this daly city but a lot of sun. an amazing day.d-60s for much of the east bay. 62 antioch, 62 brentwood, 65 berkeley. 64 degrees in richmond. back to the north bay, vallejo will top out at 64. 67 in napa. 69 degrees in santa rosa. here's your seven-day forecast. we talked about nothing but sunshine. thursday, friday and saturday, daytime highs expected to get around 70 degrees over the weekend. a few clouds move back in as the winds start to push from the ocean back onshore. that might bring with it a little bit of fog but nothing too drastic. we even start the beginning of our workweek under nothing but sunshine and warm temperatures. speaking of next workweek, i now don't want to go there, but at least here's a look at the roads. here's gianna. >> thank you, robert. if you are going to works well, you got go, we all do. we have to pay the rent. traffic moving nicely through millbrae. if you are headed to sfo. not the case through mountain view. on the maps, we still have this ongoing problem involving an overturned vehicle north

and i think the events of this week havereally made that more likely. >> lehrer: do you agree with that things are more likely. >> about the speech. first of all, i think that there are limited numbers of times and in any president's career that he has a window where the public looks at him anew. usually it follows a tragedy. certainly president reagan at the time the challenger, president johnson upon assuming office after at sass nation, both speeches i went back and looked at this week. and this was a chance for president obama. president obama's speeches have always been quite cerebral, quite thoughtful. well crafted, well delivered. but there has never been that emotional connection with the american people. always supporters and admirers have been concerned about this. and i think this week he did. i think he spoke to and for in a way that the country needed it. and we reaffirmed that we were a good country. and he did it, i thought, in a way that he hasn't done it before, very personally to the lives of the people who had been the victims. and he got particularly affecting, i tho

. >> and get prog jekts like this one completed will help city could haver buzz sometimes, that takes about 18 months to happen once new jobs are created. david louie abc 7 money scope. >> a temporary reprieve for a man casing -- facing deportation. officials today granted a six-month stay taking 20 years to file a request to be processed. and this two u.s. born daughters are frayed to go to gaut mail malla. their mother die there'd last year of a heart tack while being held at gun point. and the stanislaus county sheriffs department will resume a search for a kidnapped 4-year-old boy tomorrow. divers will return to the canal where 11 cars have been dredged up from the water during this search and have not found a virl corolla suspected in the event. >> and investigators spent today searching san francisco's golden gate park and lake merced for a missing north bay teacher. the 53-year-old is a popular english teacher. she disappeared last wednesday. searchers have found no sign of schmidt near her home in ross. they turned their search to san francisco -- to san francisco because schm

of 250,000 that gathered that day in the sweltering sun on the steps of the lincoln memorial "we havereto our nation's capital to cash a check. when the architects wrote the words of the constitution and the declaration, and a promissory notes of which every american is the fall air. this note was a promise that all men, black, white, red, whatever color would be guaranteed to the unalienable rights of life, liberty, and the pursuit of happiness." dr. king would recognize it now, what he recognized then, that all americans of every shade were all heirs to a promise that america made well over 100 years ago and we are looking for that to be cashed. but there are some things, he said, that i must stay to my people that stand on the one threshold that leads into the palace of justice in the prospect of gaining our rightful place, we must not be guilty of wrongful deeds. let us not seek to satisfy our thirst for freedom by drinking from the cup of bitterness and hatred. we must forever take up our struggle on the high point of discipline. we must not allow our creed of protest to denigrate

especially were the the character that's so fearless and got so much outward agres but you haver in abilityd you have to convince anybody? you hadn't done anything that was really like this before. your other role, much more polished. you had been the beautiful emmy rossum rather than the dirty, gritty one we're seeing here. >> i think i definitely, it wasn't the obvious choice for the role. yeah, i had 20 fight for it. i auditioned a bunch of times. came in in ratty jean, a tank top. the fourth time in the same outfit to the audition. they wondered if i had any other clothes. that was the challenge and for me that was the challenge in getting the role. >> describe this family. this gallagher family, because we saw the clip of william h. macy, you couldn't tell at home. that was actually bill macy flat out on his back. give me the family, the relationships of these -- >> the gallaghers a family of six kids in chicago. the mom's m.i.a., the dad unem ploimed alcoholic. the task of putting food on the table in the day-to-day life of living is up to the kids and my character fiona as the oldest

tightening but we als have to realize we are still engaged in a reactive war in afghanistan and still havere are 50,000 troops in iraq. we confront the problems that we have in iran and north korea. we obviously have very ambitiou military programs in both china and russia modernization programs.copriati so ions think the defense also needs to be looked at, and i obviously have a very parochial view, okay? the defense of the republic ise one very on and gives responsibility of the federal government and we face a very al complex world. we think we have tightened up a good bit. we think this is a sustainablep budget, but i would say -- again, i would go back to remind the last year we cut programs that had they gone to completion over a period of years, it would have cost the taxpayers aboutgog $350 billion, so it's not like we haven't been trying to be responsible in the management of this process.gues. in terms of the recommendationse for much deeper cuts i would respond the same way that i did a few weeks ago. as far as i'm concerned thathat math, not strategy. >> with respect to our allie

tightening but we als have to realize we are still engaged in a reactive war in afghanistan and still havere are 50,000 troops in iraq. we confront the problems that we have in iran and north korea. we obviously have very ambitiou military programs in both china and russia modernization programs.copriati so ions think the defense also needs to be looked at, and i obviously have a very parochial view, okay? the defense of the republic ise one very on and gives responsibility of the federal government and we face a very al complex world. we think we have tightened up a good bit. we think this is a sustainablep budget, but i would say -- again, i would go back to remind the last year we cut programs that had they gone to completion over a period of years, it would have cost the taxpayers aboutgog $350 billion, so it's not like we haven't been trying to be responsible in the management of this process.gues. in terms of the recommendationse for much deeper cuts i would respond the same way that i did a few weeks ago. as far as i'm concerned thathat math, not strategy. >> with respect to our allie

over haver of fortune 500 companies have joined. general electric, across the board we have taft heartly plans, and again a lot of those labor plans, these are workers who need to retire at age 55 that can now get that backstop to make sure the benefits are not going through the roof, and lastly, looking around the circle right now, the state of florida, colorado, new york, florida, california, georgia have all applied and are now participating in this early retiree health insurance. i come from connecticut which also participates. my favorite fact is the company out there is a participant in this program. there's a legal document called reliance that the law sets out an expectation for its citizenry that, you know, people should be able to rely on that expectation, and for us to just shut down the early retiree insurance program which clearly addresses a need that has been identified over and over again in which is not a government takeover. it is a true government private partnership to maintain employment based private health ins