look back when jack welch left general electric. it was a game of thrones. you look at mark fields.taken over with ford. is he benefiting from those legendary big shoes to fill? or is that going to make it harder for him? >> one challenge i see for him is that allen mulally put together a culture change. ford has been a company of sharp elbows, internal competition. allen mulally acted like oil on the waters to smooth everything out. everybody likes him a lot he has done a lot to change that culture. can mark fields come in, a long time ford guy come in and maintain that culture change and bring the company back even more? >> let's talk about gm. it's over the ignition switch problem. bottom line, 13 people died. the company has a new ceo who will have to guide through all of this. at the same, it has a legal department making sure it has protection from any kind of liability because of its bankruptcy. gm, how much trouble is theic in addition problem going to be? it will stay in the headlines, negative headlines for some time? >> actually, if you look at sales, people have not stop

and jack welch went home with a whopping $417 million. now to the dangerous wildfires in oklahoma, they began yesterday and 27,000 acres have been scorched. 1 per has died, 26 people have been injured. high winds will, it is worried, fuel the fire tomorrow. our own kevin corriveau is here to look at the weather in the area. kevin. >> satellite weather over oklahoma things are very dry, things are very cloud dpree. we have high pressure dominating the area. stagnant air there, every single day we are seeing the temperatures getting higher and here's. some more video out of that area, guthrie oklahoma, just to the north of oklahoma city. you can see how low the visibility is with the smoke and we are looking to see this really increase tomorrow. it's not just the area of guthrie. parts of oklahoma there is other wildfires burning as well. in 36 counties actually there are fire bans in effect that will continue for tomorrow as well as the next day. come back to the weather wall, let's look at the temperatures going around the region. tempera

liz: well, we saw this with ge when jack welch was deciding -- >> different. different. an, and jack put three guys out there. liz: right. >> bob nardelli, jay mcinerney and the gentleman who is running it now, jeff immelt. and they competed for a while -- liz: and then there's the ford way. ford said mark fields is our guy when we're ready and when alan mulally's ready to go, and it really helped, i think, psychologically -- >> and there's the blackstone way. steve schwartzman says, oh, tony james is my number two, but there's that other guy, i forget his name, tom hill or something like that. i can't remember his name, who -- i'm blanking on his name -- who is probably the heir apparent, but he keeps tony james. so these things, there's no rule book on this stuff, but i can tell you inside jpmorgan people are leaving because of this. swraimmy's saying i'm not -- jamie's saying i'm not going anytime soon. liz: i'm glad you decided to return to us from vegas. >> i wish i was still there. liz: we were commenting on how glowing you looked. look at the difference here. look

fall of 2012, when there was a decent jobs report and when otherwise apparently sane people like jack welchght into this conspiracy theory that the jobs numbers were manipulated. just yesterday we got the official report from the u.s. commerce department's office of the inspector general. which determined that the whole jobs report of conspiracy was bunk. the independent investigation found no evidence to support the allegations, now the i.g. did identify areas where the system could be improved. but it also arrived at a picture of just how hard it would be to manipulate those monthly unemployment numbers. how to fudge the unemployment numbers in 27 easy steps. the i.g. might as well called it that because the report found it would take 27 field representatives conspiring and changing each of their own findings to alter the unemployment number by just 0.1%. how to fudge the unemployment in 78 easy steps. it would take 78 field officers conspiring to change the monthly unemployment number by 0.3%. think of the secret meeting that would require that would be one hell of a meeting or would the

. >> if you look at some of these words, failure to consult and hold on,colleagues, did jack welch bringes and consult when mickey jax or is on his speaker, be the this is going to job business? i think there are a lot of extraordinary leapers out there and, are we holding them to the same standard we are holding jill? >> you're pointing men who have operated the same way, were they fired for similar reasons, no. it is a very good point. previous editors they bring up as rosen -- rosenthal, famous for being difficult and hard to work with. he was not fired. he retired. >> maybe she should have been fired, but maybe those people should have as well. he modernizes approach to how he holds onto managers one where the other. we do not know. >> i am lady myself on fire right now. you're talking about -- these are ceo's is that get books bewritten about them for being these leaders, and we think they are champions of the world. when a woman does it, she is a pushy broad. i do not get it. >> i do not get it either. i just think it is still not clear. how he really thought of her, or how he appr

we celebrated with guests like jack welch, warren buffett, sandy weill. you can relive it all, squawk. cnb cnbc.com. check it out. >> it was annan credible week right here. plus we had the market all-time high. >> i am gratified at least in this case you were able to celebrate an all-time high as obviously the wealth disparity grows. we know who owns all the assets. in general, it's not something to celebrate when the wealth class is actually worth more. but in this case, because of cnbc, you're able to say that it's good that the market is at an all-time high. this is a positive thing. >> i would say it anyway. >> the first new high of the year, andrew. >> i'd celebrate both cases. >> pickety had a pity party. >> we're all wearing black. another new high. >>> time now for the executive edge. ford ceo alan mulally will be stepping down july 1st after a successful eight-run year at the automaker. mike jackson, chairman and ceo of autonation is our guest. and it shook up the auto world a little when mulally was retiring. thank god it's not you, mike. those