leaked to him. >> narrator: intel executives decide to take action. they set up hidden cameras around the office and wait. on march 6th, they capture video of a product-marketing engineer named roomy khan faxing confidential information. >> they caught an employee sending faxes to raj of very detailed numbers about chip orders from big computer makers and other details that raj could use to calculate approximately what the company's earnings would be, and it's really valuable information. >> narrator: intel reports khan to authorities, who launch an investigation. >> she actually went to work for galleon -- spent about a year there -- but in 2001 ended up pleading guilty. >> narrator: khan serves six months of house arrest, but rajaratnam slips by. investigators can't prove that he ever traded on the inside information, and the case is sealed. coming up on "american greed"... rajaratnam lands a new source and makes $23 million off a single tip. >> he wanted to win. he was intensely competitive, and how he won mattered less he was intensely competitive

kim, you like intel, tell us why. >> well, we like intel because we're looking towards the future where we think intel will be in more mobile devices than they are right now, which is not saying much. but we really think that the power that the company provides, the computing power is going to be needed in those mobile devices. >> what about a pc slowdown? some concern about how that could hurt intel. >> well, i think that's priced into the stock at this point. i think there will probably be a bit of a pc slowdown, but servers are still strong. and that's a big margin item for them. so we're going to ride through this rough patch with them. but we invest for three to five years in the future. and that's why we're buying intel today for. >> all right. mark, bank of new york mellon, interesting name trading on a single dinlt basis, forward and trailing p/e. book value looks better than some of its peers, but it's had some negative headlines. why bank of new york mellon? >> it's named a bank, but it's really in my view an asset manager/custodian where they earn recuring fees. real high tie

celebrating the 10th anniversary of the intel labs. there is a home using sensors and a car that takes over driving so you can do other things. >> why not have that? you can do more protective stuff. >> there is also a magic mirror to map body shape autos a pharmacy in oakland offering free hiv testing. this is one of four locations selected for a federal pilot program intending to reach more people and making testing more accessible. it's a swab that takes about 20 minutes for results. if positive, customers referred for treatment. the project runs through next summer. officials will analyze how it went. >> doctors say they're seeing an increase in number of mothers getting hooked on the drug aderol. it's a cocktail of amphetamines used to treat adhd. it's exproceeding among women in their 20s and 30s because it can increase alertness and concentration and decrease fatigue n eight years the number jumped 750%. doctors warn it can be dangerous. >> there is an increase by women that can cause seize skmurz heart attacks and death. >> and

maybe get some intel. wake up! that's good morning, veggie style. hmmm. for half the calories plus veggie nutrition. could've had a v8. for violence is high, and officer love and the investigative services unit have reason to believe trouble is brewing on "b" yard. >> recently about a month and a half we've recovered probably more than 40 weapons on this yard, different racial groups, which is an indication there is problems that are brewing. we're just kind of out here showing force, maybe get intel of why it's going on, why so many weapons. >> while we were talking with some northern hispanic-american inmates over here, i noticed the one in the middle was fidgeting his tongue around through his lips. i asked him to open his mouth. i could see cellophane underneath his tongue. and i asked him to spit it out, and he bent over and spit out a little thing wrapped in cellophane and that, a couple kites. >> sometimes you get the kites in cellophane, or they will put them in their anal cavity, and that's how they'll transport them from prison to prison or yard

technology is the next big thing, so what does intel have up it's sleeve? >> and we have not reached the fiscal cliff yet, but it's already taking a toll on the economy. courtney reagan will break it down for us in a few minutes time, stay us with. can >>> welcome back, pc sales have been slowing now, so how does intel plan to grow. we have some of the highlights of that interview. >>> justin ratner is the ceo, and i sat down with him. his only broadcast appearance of the day. i asked about smart phones and tablets but management didn't pull the trigger until too late. so what's the next big thing? he named a couple that might surprise you. diggal instore signage that sees you coming and customizes to you. i asked about u.s. research position verses other countries, and here is what he said. >> i'm not trying to paint a dire picture, but the competition is real, and i think certainly the young peel who are coming out of the best schools in china and india can't compete with the best in the u.s. >> at the show case itself, intel showed a lot of things like v

intel estimates are that this program slowed the iranians down by 18 months to two years. there are some outside experts who have looked at it who think that is overly optimistic but it's an interesting time period charlie. because the u.s. estimates of how much it would set back the iranians if israel came in and bombed facilities is also 18 months to two years. so what were the olympic games about. well first it was about slowing down the iranians but it was also about bringing the israelis in and working with them so tightly that the israelis would be convinced there was a way to slow natans without sending in f16's. >> rose: there was a rumor for a while that said the israelis were thinking about the fact they had to go in the summer of 2012 where we're in now. but i was told recently they no longer believe that, that they backed away from that. do you know anything as to whether they are or are not looking at that kind of timetable. >> i have heard the rumor too that it's extended. on the other hand if i was the israelis and i was trying to get everybody to look the o

there needs to be a longer take on someone who was dealing with intel and talking to reporters all the time. it's a very touchy situation, you've got to remember what's intel and especially if you're the guy who is supposed to be pushing positive stories and making sure that your boss looks good, it's a difficult road and hoping it wasn't a plan. >> what about this whole flap over the attack helicopters. secretary of state clinton said that russia was sending attack helicopters to syria and turns out apparently they were syria's own helicopters that had been refurbished and sent back to syria. did it get the kind of coverage that it deserved? >> i don't think that foreign policy generally gets the coverage it deserves. you can have theories why it is. part of it is because i think americans aren't interested in it generally and add in the fact that the economy is doing bad and they're much more interested in what's going on here. so, i don't think it's unusual for them to not pay attention to even extremely important stories going on and i don't think there's any bias of liberal or con

you famously passed on intel when it was getting started, i thought. >> yeah. i knew bob pretty well. we bought the converts when they were private, because of bob. we bought them at grinnell college and the endowment went from $8 million to a billion dollars in about 12 or 14 years, so and intel was in on that. in the end, i don't worry about things i don't understand. i mean, i think it was tom watson sr. said, i'm not genius but i'm smart in spots and i stay around those spots, and there's a lot to that. knowing your circle of competence is where that perimeter is, is enormously important, and the fact that there is always kinds of things i can't do and plenty of companies i can't analyze, but i don't have to worry about that. >> with all the companies you bought, maybe the one that brought you the most trouble was salamon. when you bought it, at one point in bankruptcy and you had to go run the company. was that the most difficult experience in berkshire hathaway? >> i would say it was. there ceo five months, four days. it was 20 years ago and i think i rem

intel's the first place i'd play. very mature company. didn't realize what was happening with the smartphone business and the tablet business and invested in r&d to get in the business and finally got it. i announced major partnerships with smartphone providers, with tablet providers and seeing revenues from that space over the next couple of years. in addition, with the windows 8 coming out, we think we'll see a technology upgrade cycle happening and good things with the company and we like intel here. going forward, we like lenovo. not a lot of people know about it out here. they're selling more computers at this point than dell computer. so they're starting to really get a name brand. the ceo executing on all cylinders. coming out with smartphones and tablets and continues just to make more and more revenue, taking more market share. >> thank you very much. we'll check back with you a few. >> it's a bicentennial as a bank for citigroup. they were here after ringing the bell in honor of his company's 200th anniversary. it hasn't been a

and intel was -- in the end i don't worry about things i don't understand. tom watson sr. said i'm no genius but i'm smart in spots and i stay around those spots. there's a lot to that. and knowing your circle of confidence is enormously important. there was all kinds of things i can't do. and there's plenty of companies i can't analyze. >> of all the companies you bought maybe the one that brout the most trouble was salomon. when you bought it it was almost in effect put into bankruptcy and you had to go and run the company. was that the most difficult experience you had at berkshire hathaway? >> i would say that was. i was their ceo for nine months and four days. it was 21 years ago. i remember every day of it. >> today when you have all these managers running your 75 different companies do they call you every day and say i have this problem or that problem? how often do you talk to them? >> no. if they need to call me they're in trouble. we buy businesses where the managers come with them. there are some managers i don't talk to once a year. and there's one i talk to al

specifically, leaks that some top intel experts say may be putting all of our lives at risk.ney general eric holder appointing two u.s. attorneys just yesterday. take a look at sensitive information, classified information that's gotten out. classified background on the bin laden raid. stories on the pakistani doctor who has been in prison after he helped the u.s. find bin laden. reports on the president's so-called counterterrorism kill list and details of possible cyber attacks against iran. and also, secrets revealing a double agent, infiltrated, al-qaeda, and yemen on our behalf. now, yesterday, the president made a very strong defense of his white house, saying they are not behind these leaks. >> the notion that my white house would purposely release classified national security information is offensive. it's wrong and people, i think, need to have a better sense of how i approach this office and how the people around me here approach this office. >> fox news military analyst, retired general jack keane is a four star general, former vice chief of staff from the army and

intel officials are not happy with this. >> no, and it started with intel people, national security peopleerned about the leaks and the fact it was laid out on the pages of the new york times and that increased as date went on. i talked to some senior former intelligence officials and he said david petraeus needs to do a crime report none and start an investigation into the leak. the bugger problem is one person said it appears to professionals that the information that they have been sworn to protect is being used for political information by the white house. that's a problem in the intelligence community. >> you made something earlier in the show about leon panetta said about cyber warfare and the idea that would be warfare. the implication is we may be at war with iran over what went on. it's stunning, a stunning revelation. we are learning more about the president and how aggressive he's been in some of the national security areas. and i think this is just -- it's a really fascinating development with a lot of potential tentacles, it gets us into hot water potentially. the concept of r

we have christians, we have women, we have academics, intel l lektuals and so on.he party that might be concerned about his agenda. so far, he's gone out of his way to reassure them he is not going to turn this country into an islamic republic, that he will govern for all egyptians. >> dan rivers in cairo. thank you very much. >>> secretary of state, hillary clinton, is in switzerland meeting with foreign powers to come up with a plan to end the bloody 16-month-old conflict. after a meeting with mrs. clinton on friday, they said both sides were moving closer together. >>> another major ruling by the supreme court. this one throwing out mandatory sentences for minors. i'll talk with an expert about the decision and what it means to kids behind bars. the charcoal went out already? [ sighs ] forget it. [ male announcer ] there's more barbeque time in every bag of kingsford charcoal. kingsford. slow down and grill. >>> an update on a bullying story that we told you about last week. four middle school students caught on camera harassing their bus monitor have been suspe

. -- intel. and the apps will help teach younger students math. >> this started out with typing and card playing. and within 32 hours each team hopes to turn code into a playable game. between now and then, there won't be much sleeping going on. and there is a tradition called hackathon. >> there is power, food, coffee, and internet. focus on a problem as a way of taking a project that might take months and doing knit a short time. >> that means learning on the job. >> when in the groove all i can think about is how to fix this? and add more, i'm thinking about the code, really i get happy when it does everything i want to it do. >> they're helping younger students. each app is a game helping teach middle school algae bra. >> i think people are met vaited they're going to be helping kids learn. it's different than what you'd see if creating apps to make money. >> and they admit they're learning teamwork and how to solve problems. >> it's okay to bang your head on the wall until you figure this ou

blur bloomberg silicon valley index lower on losses of apple, intel and oracle. and there is including morgan stanley, cut two levels. bank of america, citi group and jp morgan hit with down grades after the close of today's trading. and there is facebook stock appears to be making a come back, closing up 24 cents today. and there is still down more than 16% since ipo and has lawmakers looking to see if the rules need to be changed. and twitter, other social networking site went dark today, leaving millions around the world unable to access the site on, and off, all day long. the company is blaming a software bug. we noticed service out this morning. twitter told us engineers were working to aresolve the issue. then at 10:4 a.m. twitter said it had been resolved and there is a half hour later saying it's still ongoing. twitter says it's due to a bug not confined to a particular area of software but that cascades into another part of the system. a hacker group claimed credit for the outage and twitter has denied that. >> there is no tweeting, yet the earth kept re

. >> out of rage over intel leaks .rs want to find out who cannot keep a secret. >> how the major roads shaping up this morning? this is wilkins3q lysol knows the soft places we love could be home to bacteria. so use lysol disinfectant spray on soft surfaces everyday when you're cleaning up to kill 99.9% of bacteria. lysol. mission for health. [captioning made possible by constellation energy group] captioned by the national captioning institute --www.ncicap.org-- >> live, local, late-breaking, this is wbal-tv 11 news today. >> good morning. >> good morning.

. >>> and now here's an early look at one of your top health intel intelligence officials are facing other lie deteksz tests to stop information leaks to the news media. yesterday they announced new rules to conduct investigations into the leaked secrets. >> a general insurgent army is the latest to defect to turkey and a nato meeting is being held to discuss a shooting that downed a turkish plane. >>> a lawyer for jerry sandusky says he's defiant and not suicidal. after the convictions, sandusky wants a psychological evaluation done quickly so he can have visits from his family. >>> a new study found h1n1 swine flu outbreak in 2009 was 15 times more deadly than originally thought. at the time more than 18,000 deaths were confirmed by the centers for disease control but now researchers more than 284,000 actually died. >>> and here's your chance to buy a hat warn by the duchess of cambridge. an auction in london shows two worn by the duchess before she married prince william. >>> and now here's an early look at how wall street will kick off the dowel at 12,502 stucking 138. taking a l

backed up by intel chips. shipping today.perhaps, we saw the mac or the apple online store earlier today close for a rebranding. supposedly will open up later on today. meantime, brian shactman back at hq with a "market flash." >> thanks. great job out there, as always. es, waste management, specifically focused on the nuclear sector with a new ceo. slashed guidance. lost more than half of the value today and, tyler, typical volume 855,000. today 20.8 million shares traded. back to you. >> thank you very much. >>> time for "analyze this." the number one on the list of s&p 500 we showed you before the break. ubs upgrading invidia. the professional solutions business they say continues to drive operating profit. and one of apple's big chip suppliers. >> i agree with the call. since april, it's been dead money. for some inexplicable reason sometimes, the market turns the back on names that are viable and good companies in favor of other things. i don't understand why. what i want is proof. proof that we're done with this consoli

how about intel? that yielded a year ago. both of the companies have far more exposure to emerging markets than europe. both have amazing balance sheets. they were in a fantastic position to raise dividends. how did they do? second best performer in the dow was intel. microsoft was up. what else may have appealed to us with one eye on europe? how about walt disney? there is a euro disney but the main drivers are the american television networks, movies, theme parks, espn. is there any real wonder that disney rallied 24%. the dow's best performer. i think one eye on europe would have spotted disney simply by not having it over there. seven of the top ten performers in the dow were available. i don't think the one eye prism would have produced the others. all three have substantial businesses in europe. only coke would have been attracti attractive. i would posit that precisely because you were aware of the issues in europe you should have been able to ice late the best performers and pounce. on them. some of the weiss disease

discovery bay into the north mid-80s intent blowup in the cozily clear in the beach during the day of intel is the turn of the green layer to our night. but with the marine layer does to us on thursday and friday substantial cooling takes place in very mild conditions for the first summer weekends and that is our pinpoint forecasts. >>> think hubert up. smash mouth had some big hits a few years back remember walking on the son of star? now the south bay in his back in a big hit to its home turf they're shooting a music video for the next two days in campbell san is a native and steve harwell is using students and a bunch of his pals are in the video. santa cruz that canada's closest we've got in men's college some friends call the manager and some said the loss of party and its their body and carry. is for production in real-life situations. the fact is tweets have power they can say a lot ends now do more of the boom in this election year. some uncertain this thefts you might spice to see some high-profile politicians with bodyguards but how about a county supervisor? cbs five reporter exp

. >>> summer is here and in some parts of the day it won't be long intel its air-conditioner weather but if you are turning on the sea this summer be prepared to pay more. lindi on why the cost of keeping cool is going up. templates of hot days of summer are ahead for many people the need for air conditioning. >>> and a carpenter and in the sun all day so i'd like to be nice and cool but the price for cool can bring the bank the epa phases out ozone depleting freon a.k.a. are 22. >>> over the years become more and more expensive slay $300 recharge cannot be a $600 investments. it allows manufacturers to produce as many as half to death last year lease and not no problem is deciding freon to guesstimated summer those times are really gone. there is an ozone friendly alternative but only air conditioners made after 2008 can use it. more than 60 percent of the homes in the bay but have air-conditioning units and have the old ones that require the freon that is being phased out so is this so the unit will eventually be replaced. and that is a big investment in it could cost ford $5,000 k

the pro could cost as much as an intel ultra book which starts at $900 dlrksst. >>> an emotional display by roger clemens today. a jury acquitted him on charges that he lied to congress in 2008 about using performance-enhancing drugs. this was the second time federal prosecutors put clemens on trial for perjury. the first case ended in a mistrial last year. clemens denied ever having used steroids or human growth hormone. >>> the defense started presenting their case in the jerry sandusky trial today. victim 9's mother told the court that her son no longer felt like going to sandusky's home when he was a child but she made him go anyway. the defense promised that sandusky will take the stand. the judge said the deliberations could start on thursday. >>> vincent gray headed to court for jury duty. he was considered for a jury just like everyone else and that serving is a civic duty and he hopes people understand the importance of it. the mayor and others were dismissed without a trial. >>> john kerry is going to do his best mitt romney impression to help president obama's campaign. he is

he is likely to be pressed on this issue of the intel leaks this morning, that's just moments away.call for a bi-partisan effort in congress to get the economy moving. we'll talk to a leading accept senator, get his thoughts on that. gregg: and the head of the fta grilled on capitol hill. >> you have to use common-sense. if you start passing them down, people are going to say, they're passing down beyonce. she is not going to blow a plane up. gregg: could massive cuts be in store for that agency. martha: should you really be flipping through headlines as you drive a train? ♪ we were skipping stones and letting go ♪ [ female announcer ] nature valley granola bars, rich dark chocolate, toasted oats. perfect combinations of nature's delicious ingredients, from nature valley. ♪ nature valley granola bars, nature at its most delicious. i see you're crunching numbers with a cup of joe... when you could be relaxing with a delicious gevalia. or as i like to say, a cup of johan. joe's a cubicle. johan is a corner office with a young, eager assistant... who looks like me. put johan on your sp

the electric cars -- the tanks are small but so is fairchild or in tal or hewlett-packard -- intel or hewlett-packard or steve jobs. the seats we plant brings the vast forests of new products and new technologies and new patents in the future. that is where we have to -- we have to keep our eye on the main thought here. that is the discipline, the imagination, and the investment. that is what makes california -- that is why people are still coming here. they're not staying in colorado, i am sorry to say. they're right here. [applause] >> just briefly, setting aside plunder for a moment. >> i am sorry about plunder. it is a big part of wealth creation. >> could you talk briefly about your turn initiative? >> it is going well. mike rossi is leading the charge. i have met with what i think will be the next president of china. we have delegations from china to come here. we're sending delegations there. this is not just business as usual. we're getting detailed committees and proposals, a couple of the key states. we want good coming this way. we want good going out way. -- goods coming t

. >> senator john mccain expressing concerns, his concerns and others laufg the house intel against committeenvestigating the recent leak of sensitive information about the covert drone and cyber wars against terrorism by the obama administration. the president responded to those claims on friday. >> the notion that my white house would purposely release classified national security information is offensive. . >> jon: we talked a little about this last week, monica. the suggestion from senator mccain is that the president or president's people are trying to burnish his image as a warrior and a protector of the nation by releasing classified information. >> yes, and note that was not a full aisle denial. he said that was offensive, didn't say it doesn't come from my white house. the politicizing sensitive information over the last couple of years have been totally, totally outrageous and bad enough he released exfacto details of the osama bin laden raid. but in this case to leak sensitive details about an ongoing operation with regard to the united states, number one enemy, number one state-ba

intel is ironic that these women are victims when they're protecting us. invisible war won the sundance film festival audience award. that is in the film defense secretary and close policy change policy changes in allowing victims to transfer to a different basic units. gentian cbs five. >>> did gene his daughter married a longtime partner in washington d.c. today mary cheney and other pilots had not 20 years to the day after their first dates. the couple has two children in the teaching and his wife lisa statement saying they're delighted. and here's a live look at cbs castro district gave pride weekend is getting started 800,000 people i expected this take part of the city's pumping welcome cash thousands of part of a chance march tonight is started indoors party emerged as the center they hope to draw attention to violence ended transgendered people. to say that's not adaptable to lesson that we need to do the work we need so that this will the stay for all us. the march started to thousand four after two men were killed it caltrans and woman were convi

sponsored by sony and intel, it was a high-tech search for shipwrecks on the bottom of lake huron. the students had entered a competition to join the search team. it was led by world-renowned marine archaeologist dr. james delgado. >> they wrote essays, they were interviewed, and the five that were picked, i think, really do represent a great hope for all of us older folks in terms of the next generation of explorers and scientists. >> using sonar waves to scan the lake floor, the students found evidence of two ships lying thousands of feet below the surface. >> once we had targets of interest, we then dropped cameras down on a remotely operated vehicle robotic system. >> the teens guided the search from on board the expedition ship, and their findings were confirmed. >> the most exciting part of the experience would have to be when we first came upon the wrecks, because it was such a beautiful sight to see those ships so well preserved on the lake bed. >> divers went down to gather more information, but it was the teens themselves who positively identified two freighters that had

alone has created google, facebook, intel, microsoft, apple, ebay the list goes on and on. >> jon: so is your position that the risk and reward for the investor class is not great enough. >> well, it's pretty-- pretty nice way but i would say this, if we-- i believe that we have more risk-taking it in the u.s. that produces the innovation and the growth rate because the payoffs are better here. now the payoffs are better for lots of reasons. our guys are working at google and facebook. >> jon: what dow mean by risk thenment because i guess i might have a different view here it looks to me like the investor class is coddled and the working class is not necessarily penalized but certainly ignored to the benefit with the idea that the investor class is gain's will i guess the term is trickle down. >> that would be my thought on it. >> tell me why that's wrong. >> first of all i would say the trickle down is something you learned in the 6th grade to make you a democrat, right? even -- >> it was something reagan taught me, wasn't that his idea. >> in "the new york times" piece which called

alone has created google, facebook, intel, microsoft, apple, ebay the list goes on and on. >> jon: sok and reward for the investor class is not great enough. >> well, it's pretty-- pretty nice way but i would say this, if we-- i believe that we have more risk-taking it in the u.s. that produces the innovation and the growth rate because the payoffs are better here. now the payoffs are better for lots of reasons. our guys are working at google and facebook. >> jon: what dow mean by risk thenment because i guess i might have a different view here it looks to me like the investor class is coddled and the working class is not necessarily penalized but certainly ignored to the benefit with the idea that the investor class is gain's will i guess the term is trickle down. >> that would be my thought on it. >> tell me why that's wrong. >> first of all i would say the trickle down is something you learned in the 6th grade to make you a democrat, right? even -- >> it was something reagan taught me, wasn't that his idea. >> in "the new york times" piece which called my book perhaps the most hate