mean get in to -- i hope that i have enough time -- [ inaudible ] i hope i have a chance. >> today, jack hilloctor. concerning a lesion on his face that hill believes could be cancer. >> it's scary. it's scary. especially, you know, you start getting a little age on you, you start seeing things like this, i wonder where it's going to lead. this -- it's kind of scary. >> judging from the appearance of the thing, and the time line and everything, i -- and the location, i'm going to say that looks like a small basal cell carcinoma. it's a type of skin cancer usually found in the center part of the face. ultraviolet light from the sun is the chief offender there. some people come in and you need a cart to carry their chart. mr. hill has a chart that, despite the number of years he's been in the system, it's probably no more than a half an inch thick. which tells me that he is more likely to minimize and ignore something of import than he is to come in complaining of something that's trivial. this is early enough we're not going to have any problems with it. we'll just get it taken care of now. wi

and the legends course designed by jack nicklaus in the hills above patterson squallfies. >> the wayts into the valley. and the greens. >> reporter: golf hoarse know and love this course say especially after the recent spring rains it has never looked better. but they'd better look fast. because a week and a half ago, management turned off the water here. this golf course is about to become a victim of the drought. >> they need salian nation plants along the coast. >> reporter: the legends course is one of two in this development. both pull water from the california aqueduct. the state cut off every single drop except for what these courses have banked in wetter years. so management had to make a tough choice, one course or another. the legends uses 400 acre feet of water per year. >> in terms of dollars, that's probably a little bit more than $800,000. to water it. just this one course. >> reporter: the legends goes and the ranch course surrounded by homes stays. for superintendent karl king, it's like presiding over a loved one with a death sentence. >> cart paths will probably sti

> there are people who regard golf courses that way, and the legends course designed by jack nicklaus and the hillses. >> the way it sits into the valley and the greens. >> golfers who know and love this course say especially after the recent spring rains it has never looked better. but they better look fast because a week and a half ago management turned off the water here. this golf course is about to become a victim of the drought. >> they need to do desalination plants along the coast, is what they need to do. >> both pull water from the california auquaduct. when the drought hit the state cut off every single drop except what the courses had banked in wetter years. so management had to make a tough choice, one course or the other, and the legend uses 400-acre feet of water per year. >> in terms of dollars that's probably a little more than $800,000. >> to water it? >> to water it. just this one course. >> so the legend goes, and the ranch course surrounded by homes stays. for superintendent carl king it's like presiding over a loved one with a death sentence. >> the shape of it will still be t

>> there are people who regard golf courses that way, and the latest course designed by jack nicklaus and the hillsley and the greens. >> golfers who know and love this course say especially after the recent spring rains it has never looked better. but they better lack fast bus a week and a half ago management turned off the water here. this golf course is about to become a victim of the drought. >> they need to do desalination plans along the coast is what they need to do. >> both pull water from the california automatic but duck. when the drought hit the state cut off every single drop except what the courses had banked in wetter years. so management had to make a tough choice, one course or the other. and the legend uses 400-acre feet of water per year. >> in terms of dollars that's probably a little more than $800,000. >> to water it? >> to water it. >> so the legend goes, and the ranch course surrounded by homes stays. for superintendent carl king it's like presiding over a loved one with a death sentence. >> the shape of it will still be there. it will take several years to actually be overgr

here our very own charlie gasparino, "barron's" senior editor jack hough and financial advisor jeremy hill. thank you all three for joining us. is it a coincidence that the market started to geoff nervous and see them grow down and when everybody started talking about high frequency trading. anyone? >> i don't think it is at all. if you look what happened to nasdaq volume last couple weeks it is up 18%. i think it has nothing to do with high frequency trading. i think what is happening the u.s. equity markets are trying to parallel park between tight expectations of economic growth and also in the face of fed tapering and probably not very robust earnings season going forward. melissa: jack what do you think. >> dot-coms and biotech brokers got slammed. dot-com and biotechs are way no too expensive. investors are playing musical chairs and they know it and brokers because of high frequency trading. >> i don't, let's be honest here. the small investor has been out of this market for a long time. this is mainly a market of traders and high frequency traders. i think it is unrelated to what m

hill today, talk to the press. making their stories public. to jack's point, almost like a script we see and over and over again. what should happen? how should we resolve these issues? >> you talk about using the courts. this is such a different scenario because we had a bankruptcy which freed gm up from its liabilities. before that bankruptcy, two weeks before they filed for bankruptcy, they had meetings about this ignition switch problem. so there's a good chance that these liabilities were hidden from the bankruptcy court. >> they can still sue. if you're a victim, if you're a victim you can sue them. >> that is old gm. yeah but they're suing old gm. >> that is presuming you're presuming -- gerri: one at a time. we can't understand you guys if you both talk. jack, you next. then mark. >> he is presuming all of the liability would be necessarily with the old gm. that is very difficult situation. even if it is, hey the only one to blame is uncle sam. uncle sam bankrupted the old gm and created new gm. by federal law old liabilities die. you can lay that blame squarely at feet of one barack obama. that is -- ge

jack keane, good to see you. >> always good talking to you, lou. >>> the new coo of general motors is on capitol hill apologizing again, and blaming the old gm. congressman joe barton however believes that the new gm is not d d next.Ñ@ç@çpçpçpç÷ñoxmhmhyhyh why relocating manufacturingpany to upstate new york? i tell people it's for the climate. the conditions in new york state are great for business. new york is ranked #2 in the nation for new private sector job creation. and now it's even better because they've introduced startup new york - dozens of tax-free zones where businesses pay no taxes for ten years. you'll get a warm welcome in the new new york. see if your business qualifies at startupny.com >>> well, general motors and the new ceo are having a rough go. congressman joe barton questioned ceo mary barra, and he wants answers. >> it is your position fou that general motors will not accept parts that don't meet specifications? >> we won't accept part s ths t don't meet our performance, safety, durability specs. >> what you just testified to is gobble di go gobbledy goop. >> and congressman, good to

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jack keane, good to see you. >> always good talking to you, lou. >>> the new coo of general motors is on capitol hill apologizing again, and blaming the old gm. congressman joe barton however believes that the new gm is not doing too well either h. he is doing too well either h. he is next. many of my patients still clean their dentures with toothpaste. but they have to use special care in keeping the denture clean. dentures are very different to real teeth. they're about 10 times softer and may have surface pores where bacteria can multiply. polident is designed to clean dentures daily. its unique micro-clean formula kills 99.99% of odor causing bacteria and helps dissolve stains, cleaning in a better way than brushing with toothpaste. that's why i recommend using polident. [ male announcer ] polident. cleaner, fresher, brighter every day. [ male announcer ] polident. why relocating manufacturingpany to upstate new york? i tell people it's for the climate. the conditions in new york state are great for business. new york is ranked #2 in the nation for new private sector job creation. and now it's even better be

hill candidates? >> phil mattingly, love the package. we have a lot more to cover. coming up, private equity firms jackingfeed. ♪ is monday here in new york city. i am erik schatzker. >> i am stephanie ruhle. time to cover private equity. private equity firms may be basing sanctions after the sec found a majority of them charge inflated fees and expenses. cristina alesci has been following the story closely. come as a surprise? if you look at how phenomenally they have done and how well they i know they have grown their business a lot. they have benefited from the financial crisis. there is a huge difference. >> absolutely. i do not think this comes as a surprise to too many people in the business. there was and mandate to increase oversight and is very opaque area of finance. these contracts between theirors and the firm and portfolio companies are not really standard. custom edge toa it. because of that and the fact that investors were making so much money alongside the steve schwarzman's of the world, they fees andscrutinizing expenses. now the dynamic has changed from the regulatory front because of t

hill where senate armed services hear something now under way. in fact, carl levin kicked things off, saying "we lead today with heavy hearts." let's bring our msnbc military analyst, general mccaffrey, jackaffrey, i may cut you off quickly, the minute we want to hear from general odierno on what he has to say, but i want to get your reaction as a retired general. >> well, you know, it's mental health and access to live firearms. ft. hood, texas, a giant concentration of troops and military families. one of the safest communities in america. again, jack jacobs and i were on five years ago commenting on this. >> i know. >> one key difference is five years ago we had an obvious self-generated jihadist, domestic terrorism. this time, that wonderful lieutenant general mark milley, very straightforward, objective, well organized, no-nonsense in dealing with it. >> you know, colonel jacobs, the army being very -- very disclosing, very open about the fact that this shooter had mental health problems, which then, of course, calls into question what should a gun store know, the background checks? what should be shared? i feel like we're having the same conversation about mental health and a gun --

hills above the city. strong winds quickly spread the flames. chilean military has sent sailors to the evacuated areas to prevent looting. >>> a jack in the box employeein pleasanton was stabbed several times and police are saying it's a cause of attempted murder. it happened yesterday near valley avenue. the suspect jazmine vasquez was seen on surveillance video stabbing one of the employees multiple times in the back and neck. officials say it's not clear what hetter is off. footage showed her walking away from the scene. police caught up with her a short time later in dublin and booked her on attempted murder charges. >>> a san jose police officer accused of raping a woman while on duty is due in court this afternoon. 38-year-old jeffrey graves is a six-year police department veteran and is accused of raping a woman he was sent to protect during a domestic dispute last month. investigators say the rape occurred at a hotel where the woman once worked as a maid. a judge has ordered graves to turn in his gun and not contact the woman in this case. >>> new developments in the crisis in ukraine. this morning, ukraine's acting president called for united