so japan's government has issued a number of evacuations all along the coast, all of japan's coastline expected to be impacted in some way, although, again, the most severe waves are expected in the northern part of japan's main island, so still waiting to see what is happening, natalie. pat of the reason that there is so much concern is that in 1960, when we saw that chilean earthquake back then, there were huge waves here and 140 people were either killed or never found again after the tsunami struck japan. so a little bit of historical deja vu here, but they are hoping to see what hawaii did and miss the bullet on this one this. >> especially since japan saw an earthquake a couple of days ago, the islands in japan, and they are probably wanting a break at this point. also, they haveplenty of time to prepare and have the evacuations gone smoothly? >> from what we have seen, evacuations have gone well. this is a country very used to earthquakes and very used to tsunamis and they have an extentive emergency preparedness system in place, and so everything has gone smoothly so far, but a

i wanted to show you from the japan meteorological agency, which parts of japan that will get hit. this is the greatest potential because of the coastline and ramp up where we could see ten-foot rises. >> larry: thanks, jacqui, don't go away. dr. earle, we have been hearing it all day. what does the word tsunami mean? >> tsunami, it is best just think of it as what it is. it is a very large ocean-going wave that can transverse the ocean at 600 kilometers per hour, as fast as a jet plane. the misnomer is to think of it as a tidal wave, a different feature related to tides. tsunamis are triggered by a change in thrust motion or down motion in the bottom of the ocean which causes this wave to travel across the ocean. >> larry: do you know what language the word comes from? >> it is a japanese word. >> larry: we'll be back with more on this incredible day. we seem to get more and more of them, don't we? a special edition of "larry king live" don't go away. 50,000 cra. this is the world record for longevity... and one of the most technologically advanced automobiles on the planet. this

has he done a similar thing in japan? >> he (mark) has aneared a press conference and said the public apology there. although i should say perhaps the level of anger and concern about the safety may be less in japan than in the united states. partly because of the number of deaths and the accidents are much greater in the u.s. -z this is problem of unintended acceleration as i understand it wasn't much of a problem in japan. so, you know, it's a less of an issue in terms of safety, although they have issued some recalls in japan. >> lehrer: but there's no question that mr. toyoda's coming to the united states and his apology is a huge event for the japanese, correct? >> oh, no question about that. no question. yes. >> lehrer: good to see you again, thank you very much. >> thank you. >> woodruff: next, new political storms in the nation of turkey. margaret warner reports. >> reporter: turkey's top civilian and military leaders came together today in a rare meeting aimed at defusing tensions over an alleged coup plot. the s

>> no. >> it's still in japan. >> still in japan. >> okay. why would toyota send the head of sales to discuss safety issues here today? >> i was invited to attend. >> okay. so it was a decision made by the committee? is that what you're -- you were invited by who to attend? >> this committee. >> all right. let me ask you this. you said in your testimony in reept months we've not lived up to the high standards our customers and the public have come to expect from toyota. and we're all concerned about that. and there are two groups of people who i think that we've all expressed concern for, most obviously the consumers out there who put their trust and faith in -- and their families in the toyota vehicles. >> yes. >> and, of course, the workers. the workers in this country who rely upon toyota to make a living and take care of their families. i guess that's why i ask you the question about the we. we've also heard a lot of confusing testimony about the electronic throttle control system. six years ago nhtsa compiled data showing that toyota cam

japan had warned of tsunamis up to 10 feet off the coast.ut the report is that japan has been hit benefit small tsunami waves. earlier today it hit hawaii but wasn't enough to do damage. the first waves have hit japan but the first waves were small. stay with us for more on the developing story. >> earthquake, we're talking about a shake and bake that would dwarf everything beyond comprehension, a 9.5 in los angeles, and these are earthquakes waiting to happen. they're like time bombs. >> you're going with this nor log rhythmic expansion of powers, thank you go up the scale. 9.5 at the to end, and we have experienced 7s and 8s in california, and they have been awful, but they didn't make arizona beachfront. >> right, but remember, once a year, we have an earthquake of 8 or larger. >> the rim of fire. >> places where no one lives, so it doesn't make fox news, but an 8.8, that is almost beyond comprehension. almost every 50 years, we have something of that magnitude, and if it were to hit california, i grew up in california and grew up with ea

and the secretive then near gender equality equality, japan very much is the reverse. how they get that is contrasting in sweden they have a big difference in earnings and redistribute in the welfare state and in japan there are smaller differences in earnings and much less redistribution with government social expenditure but looking for at contrast in the american states, whether or not they live free or die they have the lowest taxation committee state except alaska. and the neighbor is contrasting with higher social expenditure. it does not matter how you get your great day quality as long as you get it somehow. of a few other suggested explanation sometimes people say we have a whole relationship the wrong way around. if you try to use that explanation is you find what it is that is moving those different problems together. why are they consistently worse for others? what is the underlying cause that means a country tends to do well or badly on most of them? so to explain this relationship in so many settings it also explains why the quality moves with those other

the cars that had the problem were shipped from japan or something? the reason what i said, you know, why camry hybrid is american car is because you did bought an american car. that's what i meant, which is produced here, supplied here and so that's all -- >> many toyotas are produced and supplied here, aren't they? we're pleased to have you produced and supplied here, but the worldwide reputation begins in japan and stands behind wherever they are produced. >> that's very true. mr. toyoda, i was impressed with your opening remarks. in fact, i'm impressed with your being here. i'm impressed with some of what you have said you intend to do because we are really going forward. i am trying in my own questions to get some sense of where we need to have confidence in toyota and where there is still some questions. but in your testimony you say -- and i'm quoting -- i would like to point out here, this is page one of your testimony, that toyota's priority has traditionally been the following: first, safety, second, quality, and third, volume. i'm going to

>> japan is responsible. >> japan is responsible. now, mr.toyota recall process for vehicles manufactured and/or sold in the united states requires the decisions concerning these recalls to be made in japan or with japanese oversight? >> yes. >> mr. lentz, yes or no, is it true that toyota had not reached a decision about whether to recall vehicle models linked to sudden unintended acceleration prior to being visited by acting nhtsa administrator ron medford in december 2009? yes or no? >> i think you have to be more specific about is that the floor mat recall issue or is that the sticking pedal issue? >> well, apply it to both. >> okay. in the case of the sticking pedal issue, i know mr. medford went to japan. i can't tell you specifically if that is the reason. obviously, they were clear with us that we were going to do something with those vehicles. >> and you had not previously until that time done anything? >> in the case of the sticky pedal situation, we first -- i first knew about that in november of 2009. we had reports of three vehic

japan had warned of tsunamis up to 10 feet off the coast. but the report is that japan has been hit benefit small tsunami waves. earlier today it hit hawaii but wasn't enough to do damage. the first waves have hit japan but the first waves were small. stay with us for more on the developing story. >> earthquake, we're talking about a shake and bake that would dwarf everything beyond comprehension, a 9.5 in los angeles, and these are earthquakes waiting to happen. they're like time bombs. >> you're going with this nor log rhythmic expansion of powers, thank you go up the scale. 9.5 at the to end, and we have experienced 7s and 8s in california, and they have been awful, but they didn't make arizona beachfront. >> right, but remember, once a year, we have an earthquake of 8 or larger. >> the rim of fire. >> places where no one lives, so it doesn't make fox news, but an 8.8, that is almost beyond comprehension. almost every 50 years, we have something of that magnitude, and if it were to hit california, i grew up in california and grew up with

all of that information from my side gets put together in reports and they go to japan to the quality site. to say that i'm not involved in quality, i am from an antenna standpoint. >> you also said that communication is pretty one way with respect to safety and reporting back to japan because

so it's simpler to write and in japan eight is a lucky number. meanwhile, in florida today it started out the way it usually does. tourists gathered for a show at sea world in orlando. then, without warning, something went terribly wrong. kelly cobiella tells us that as the horrified audience watched a killer whale attacked one of the park's most experienced trainers and drowned her. >> reporter: the popular shamu show at orlando's sea world hadn't yet begun when the park's largest killer whale, a 12,300 pound male orca named tilikum swam toward 40-year-old female trainer dawn brancheau and, according to one witness, pulled her underwater. >> she was standing on the rocks right above the viewing area. he took off and then he came back, jumped off, grabbed her, started thrashing around and then her shoe fell off and he was... he was thrashing her around pretty good. it was violent. >> reporter: a tourist at an earlier show said the animal seemed agitated. >> i wish and pray they hadn't gotten in the pool since the whale was clear that it was upset

>> no. >> it's still in japan. >> still in japan. >> okay.why would toyota send the head of sales to discuss safety issues here today? >> i was invited to attend. >> okay. so it was a decision made by the committee? is that what you're -- you were invited by who to attend? >> this committee. >> all right. let me ask you this. you said in your testimony in reept months we've not lived up to the high standards our customers and the public have come to expect from toyota. and we're all concerned about that. and there are two groups of people who i think that we've all expressed concern for, most obviously the consumers out there who put their trust and faith in -- and their families in the toyota vehicles. >> yes. >> and, of course, the workers. the workers in this country who rely upon toyota to make a living and take care of their families. i guess that's why i ask you the question about the we. we've also heard a lot of confusing testimony about the electronic throttle control system. six years ago nhtsa compiled data showing that toyota camr

do you know how many people in japan died because of what your company did?[ speaking japanese ] >> translator: not just limiting to those individuals you specifically mentioned, i feel deeply sorry for those people who lost their lives, or who are injured by traffic accidents, especially those in our own cars. and i extend my sincerest condolences to them from the bottom of my heart. [ speaking japanese ] >> translator: i came from japan to appear at this hearing. but at the same time i wanted -- i had been trying to convey my sincere feelings, my own beliefs to the people throughout the world. but the fact that was not something i will reflect upon. [ speaking japanese ] >> translator: as you pointed out, the development of people, human resources at toyota may not have kept pace with the pace of expansion. i will observe that and look at that fact very sincerely. going forward to bring about and effect changes to become a better carmaker and to become a more transparent carmaker i think is the role and mission of myself as president. [ speaking japanese ]

>> japan is responsible. >> japan is responsible. now, mr.e that toyota recall process for vehicles manufactured and/or sold in the united states requires the decisions concerning these recalls to be made in japan or with japanese oversight? >> yes. >> mr. lentz, yes or no, is it true that toyota had not reached a decision about whether to recall vehicle models linked to sudden unintended acceleration prior to being visited by acting nhtsa administrator ron medford in december 2009? yes or no? >> i think you have to be more specific about is that the floor mat recall issue or is that the sticking pedal issue? >> well, apply it to both. >> okay. in the case of the sticking pedal issue, i know mr. medford went to japan. i can't tell you specifically if that is the reason. obviously, they were clear with us that we were going to do something with those vehicles. >> and you had not previously until that time done anything? >> in the case of the sticky pedal situation, we first -- i first knew about that in november of 2009. we had reports of thre

toyota's president, akio toyoda, is here from japan, a leading japanese newspaper says his performance will be a crucial test for his company. this follows yesterday's emotional testimony from a woman whose lexus suddenly accelerated to 100 miles an hour. >> i prayed to god to help me. i called my husband on the blue tooth phone system. i knew -- i'm sorry. i knew he could not help me, but i wanted to hear his voice one more time. >> nbc's kelly o'donnell joins us now from capitol hill and, kelly, akio toyoda, had an op-ed that he releaseded yesterday, perhaps a glimpse into what he might say today which is certainly expected to be an apology from that company. >> reporter: well, tamron, part of what he will say is that the growth of toyota, which is now the world's largest car company, may be in part to blame. growth that went too fast, not allowing the company to really be on top of all the issues that have now is yosurfaced through enormous recalls more than 8.5 million cars recalled for issues that deal with brakes, gas pedals, sudden acceleration complaints, those sorts of things.

> toyota in japan does not have any respect for our legal system. >> has toyota, executives in japan specifically, withheld safety information from u.s. regulartors over the years. >> this is complicated. let me say in japanese. >> reporter: we are going to coopera cooperate, he said. toyota has hired a new pr firm with types to leading democrats and republicans, including former press second tarms to myth romney and bill clinton. and toyota will launch a new television campaign on the news talk shows this sunday with what is being described as a rehab commercial. >> rehab? >> reporter: trying to improve the image. >> all right, brian, thank you. >>> and now back to washington, because something extraordinary happened there today. a final chapter in the harrowing story of the two dozen american soldiers forced to fight more than 300 enemy in a lonely outpost in afghanistan. eight americans were killed. the pentagon took action against the field commanders who put the soldiers in that position, raising a provocative question about whether that serves justice or helps the enemy. here's

if we start off with japan, japan is one of my favorite investment opportunities. i think what has happened in japan, for once you've seen proactive behavior by the companies last year in the downturn and that means there's much more leveraged to recovery. so the market is cheap. the yen looks like it's formling a head and shoulders partner against the u.s. dollar. falling currency, this should transmit itself into rehiring and that should flow through to domestic economy spop positive on financials, domestic exporter in japan. cautiously on the jgbs with such huge exposure of the individual japanese to their bond market and also the need continually for the government to raise funds as they continue to stimulate that economy. >> do you like the automakers? we've seen toyota tanking. as an investor, do you adopt a quick trade? is it down further? would it be a buying opportunity for you? >> toyota has been one of my favorite companies, and the group, fantastic companies within the group. when you get the opportunity to fall off like we've had in a company, it's a r

the cars that had the problem were shipped from japan or something?ason what i said, you know, why camry hybrid is american car is because you did bought an american car. that's what i meant, which is produced here, supplied here and so that's all -- >> many toyotas are produced and supplied here, aren't they? we're pleased to have you produced and supplied here, but the worldwide reputation begins in japan and stands behind wherever they are produced. >> that's very true. mr. toyoda, i was impressed with your opening remarks. in fact, i'm impressed with your being here. i'm impressed with some of what you have said you intend to do because we are really going forward. i am trying in my own questions to get some sense of where we need to have confidence in toyota and where there is still some questions. but in your testimony you say -- and i'm quoting -- i would like to point out here, this is page one of your testimony, that toyota's priority has traditionally been the following: first, safety, second, quality, and third, volume. i'm going to ask you

he is bowing to the emperor of japan.e emperor of japan, he's bowing to hirohito, the one who authorized the bombing of pearl harbor. international diplomats bow to each other, and sometimes men bow to women. our runner-up lonesome roads beck. trivia first. last night on the network that nobody watches, i don't think the cameramen are watching. bernie, are you watching? no, bernie's not watching. what's his face got on with ariana huffington and said, we have to correct the record here and make sure everyone knows there are standards. the attacks on me in this show and on you for watching it tend to rotate. he said this, he said that, then they always go back to the ratings, beck did this, national review did this. a right wing site called daily finance or finance daily did this. give me 17 seconds to clear this up quickly. "countdown" up 5% in january from december at 8:00 p.m., up 6% at 10:00 p.m. the 8:00 p.m. show beat cnn by 27%, and headline news by 24%. it's the highest rated cable news show not on fox news. meanin

and i had all these particular cultural meanings in japan. it was making another really interesting papers trying to figure what those minions were, that something shifted. and one of the things i discovered in writing this book is that sometimes the lives and often the death by single individuals and patients can shape cultural experience as an conceptions of elements. such is the story of a young anorexia, 14-year-old named charlotte sheeting was that from a hong kong street smarts what i think was the change in the region's belief about anorexia. and so crucial is her story to this book into the hong kong deception of correction to piece it together through media reports into the inquest reports and they even took a day shortly after i arrived in hong kong to retrace her last us. and i started afterschool, where on the last day of her life, she walked past a trophy case at st. paul's secondary school and underneath the mirror of the virgin mary in happy valley district of hong kong, there was a gloomy day when i did this law can i just got

so if you criticize american health care, you get on a list in japan? or if you criticize american health care you get on a list in america. or michelle bachman believes every random stranger that comes up and tells her a story about japan, and believes it's going to come true here? the congresswoman said i will fight it until my last breath. okay. mother made the best toffee in the world. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. i never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. >>> the short version of the advice from frank luntz, republicans moving to kill health care reform to trying to kill financial reform, lie about it. paint it as a massive government takeover again. he has leaked his own memo. you ma

waves hit japan's coast today. kyung lah with our sister network cnn reports japan sue a tsunami more than three feet in height. there were no immediate reports of damage, but it looks like the danger of tsunamis from the chile quake has passed. this morning the pacific tsunami warning center canceled warnings for all countries. >>> the earthquake also kicked up the surf in hawaii. but the waves went nearly as big as officials first feared. state authorities triggered tsunami sirens yesterday and urging people living along the coast to evacuate. the warning touched off a massive run on local grocery stores as people stocked up on everything from food, also water. but thankfully no giant waves hit the area. >> yeah, i think we've dodged a bullet. yes, i think so. in fact, it's almost -- it's almost the best sort of tsunami you could possibly have. >> hawaii governor linda lingle said no damage was reported by any county. >>> the scope of the damage in chile is so massive it's almost hard to believe. authorities say

i'm now going to turn, we're talking about asia, to asia's giant developed country, japan. so how does -- which was very hard hit by the crisis initially though there's been some bounceback, but there was a huge decline in gdp, so we're now going to turn to the minister for his view of the prospects for japan. .. >> translator: this caused a major fall in our economy, and from that fall, japan and other countries in asia in case of japan mainly, led by the growth of the asian economies and china and our stainless package of fiscal and financial stimulus. we are now on the track of gradual recovery. however, in case of japan, when we look at manufacturing industries, the rate of operation is still 80%, recovery is still at that level. therefore, we have a late employment held by various corporations. in other words, many companies try to maintain the employment without laying off the workers. therefore, we have right to be on the full place to recovery. so that's how we seek the set of economy now. but on the 19th of september, last year, we have achieved the change of gover

the same with japan. is japan worried china is going to invade it? it can't get their but japan can worry about china trying to take one of the disputed islands in the south china sea and do we have the conventional capability with the japanese? to make sure china doesn't occupy at and then present as a fait accompli? we ought to be worrying about that but i guarantee the u.s., chris and american people are not we to say if china takes one of those i lancelets go to war with nuclear china over this. it's not realistic. the same with the cyber threat with china against japan and others. real problem, absolutely real problem and of nerves become scarce with capital and scarce with three of life. a nuclear weapon a solution to that problem? is a deterrent problem among many things but we spend all this time we will get nuclear weapons and have major wars. we have these problems now that are relevant but there are security problems. i could talk now become more about turkey in that regard. it seems to me we have a moral hazard and this discussion here wa

more than we have today but nothing like they're going to see in japan. they're going to lack for work force, for the sort of youthful energy that is important to an economy. they're going to lack for markets the tavis: does increasing life expectancy given the technological advances and scientific advances we're making, does that have anything to do with this number being so big? >> absolutely. it's a huge part of it. one of the things you see now is that people are doing great in their 70's and 80's. my mother is 86 and she's still sharp as a tack. people will be working longer, into their 60's and 70's. the kaufman foundation did a study recently. the group that's starting the most new companies are in their 50's. tavis: going to your point now, how is this reality going to force us to rethink public policy? by that i mean we have a pretty standard retirement age in this country. how are issues like retirement, etc., etc., medicaid, medicare, social security, public policy wise how do we have to rethink that given the fact that people are going to be l

we'll see how the automaker's recall has stunned japan. not only is toyota a major employer there, but also a source of national pride. >> tom: here are the stories in tonight's "n.b.r. newswheel". stocks edged lower after those comments from ben bernanke. the dow lost 20 points, the nasdaq fell three points, and the s&p 500 dropped two points. speaking of the dow, the 114- year-old index has a new owner: the c.m.e. group. the chicago exchange is joining forces with dow jones, for dow's stock indexing business. the deal's worth $675 million and gives the c.m.e. a 90% stake, with dow jones and its owner newscorp keeping the rest. german politicians, euro zone finance ministers, and french president nicholas sarkozy spent the day working on the greek issue. so far, no decision on how to handle greece's debt. the issue tops the agenda at tomorrow's summit of european union leaders in brussels. treasury secretary timothy geithner says the u.s. financial system is healing, but there's a lot of repair work ahead. his comments came from a prepare

it started with 17 or 19 complaints in japan. the day that came out, i checked myself on the website and there were well over 100 complaints in the u.s. about the prius brakes and more having to do with the cruise control system. these complaints were piling up. and there was no recall or service bulletin or anything put out until some days after. >> woodruff: and ken bensinger, are there other toyota hybrids involved here and other models of cars involved? >> well, in the new recall, yes, there's a lexus. their brand new hybrid which is called the hs. it just came out this year, excuse me late last year. that seems to use similar technology for braking and is part of the recall in europe, the u.s., and japan. there's a model called the sai which you can only get in japan. apparently it has the same problem. separately there's this camry issue which is breaking but not apparently software related. it seemed to be a braking line leak that can lead to loss of hydraulic pressure and braking problems. all tolled we're talking nearly

of course, we haven't heard the last of it from japan, russia or china.e telephone with me now is another eyewitness to what happened in chile where it all originated. american matt milinowski is in the capital city of santiago. give us from your reporter's point of view what your experience was when this thing hit at about 3:30 local time this morning? >> good evening. the earthquake struck at about 3:35 a.m. local time and at that time i was fast asleep after a long hard workweek and i woke to what i would describe as a strong and steady but not yet jarring swaying movement back and forth, back and forth. just to set the scene. i live in a 25 floor apartment building. i'm on the 14th floor. definitely high off the ground but i woke up and grabbed my things and started heading towards the door and suddenly there was just an uptick in the movement and it became a lot more violent and a lot more jarring and at that point it was just became a challenge just to kind of maintain my footing. i was with my girlfriend at the time and grabbed her stuff, ran out t

a lot of japan are saying that. are they right?uld, in retrospect, should you have acted sooner? >> translator: yes, looking back at this point in time, i feel that we should have acted much more promptly. when our company has grown so rapidly globally since i became the president, i have assigned the executive vice president to really look at each region so that they can be much closer to each locale so that they can respond to various needs on the part of the customers of each region, and at this time, this problem was so huge, and i really reflect upon the fact that i should have stepped in myself much sooner, and that may have caused some more concern or some people may have felt uncomfort or unhappy. i would like to take this opportunity to apologize for that. >> larry: mr. toyoda, frankly, can the toyota company come back? can it be what it once was after this? >> translator: yes. right now all our employees are in one. we are now using the safety customer number one. that's our motto. and try to make once again our company s

of japan, midori ito won the silver medal back in 1992. >> and that was her idol growing up in skating, and she did something midori ito couldn't o do. >> and i hope her country receives this as a great success, her silver medal. >> and now the gold medalist winning the first figure skating medal ever for south korea. >> ladies and gentlemen, gold medalist and olympic champion, representing republic of korea, yu-na kim. >> some of that has to be -- some of that smile has to be relief. >> and now, ladies and gentlemen, the victory ceremony for ladies figure skating. >> bronze medalist, representing canada, joannie rochette. >> it's nice to see her smile. >> silver medalist, representing japan, mao asada. >> gold medalist and olympic champion, representing the republic of korea, yu-na kim. >> ladies and gentlemen, the national anthem of the republic of korea. ♪ ♪ >> ladies and gentlemen, the olympic medalists! >> well, joannie rochette stole our hearts, but kim yu-na with a record-breaking performance, claims her country's first ever figure skating medal, and it's gold. kim yu-na of sout

he flew here from japan to apologize. a big deal because the way japanese culture works. mr.a, referred to as the

in japan, we have some predictability in policy. in the i'd, we have massive change in policy and we're not sure where it's taking us so the credit default swap is up. and in europe, we have various states in various levels of policy disarray. greece, portugal, spain, which proposed to cut back its pension. retirement age and then reversed itself 48 hours ago. so its policy, which is being reflected in these prices in our vi view. >> sure. but as you know, david, policy takes a long time. what you do in the meantime is what you saw yesterday in overreaction? >> this is nerve-racking for investors and very complex because of the interrelationship of these currencies and various sovereign debt issuers. so investors have two choices. they can run to cash and sell. in this case been they've gone to an asset class that yields next to zero and will probably appeared to do so for years. they can focus on the places in the world where you're likely to get more growth. merging market asia is one of them, for example. even as china was going

they found a dead duck inside a mangled package that they had shipped over from japan. the two just returned from a trip there were they arranged for several gifts to be shipped back. the post office is investigating that incident. >>> the white house is showing their support this black history month. president obama signed a new executive order and says the order strengthens the white house initiative to support historically black colleges and universities and says the schools have specifically felt the pain of the recession, because they enroll a higher proposition of lower and middle- income students. >>> tonight gigi barnett explains the university's new state-of-the-art facility is for neighbors, student and alumni. >> inside coppin state's new arena are 4100 seats, large windows and a gymnasium floor that shows and. >> the fact you can walk around and still be in the gym. >> reporter: had a that with is what the university tried to achieve. athletes spent more than two decades into the old facility, until the university asked the state to build a new ascene. >> th

do you see any japan bashing in this? >> translator: bashing? no. at least throw this quality problems, we learned a lot. this was a great opportunity for us to stop and look back upon ourselves. i take it a great opportunity that, you know, this was a great learning experiences for us, so leveraging on these experiences, i hope that we can really come back, make a comeback and we never thought this was a japan bashing. >> larry: all right, would other things. you're famous for being publicity shy. is this difficult for you? was it hard to appear on this program tonight? >> translator: well, larry, i feel really honored that i was able to appear on your program as the number one person of my company. i thought the vehicles, the cars is the main character, so i wanted to stay inside state but perhaps i should change my idea going forward and i need to talk to customers more straightforwardly. >> larry: thank you. one other thing from our twitter at king's thing, what kind of car do you drive? >> translator: well, i ride many different cars. let's say

the cars that had the problems were shipped from japan, or -- >> what i said -- i said the camera hybrid is an american car, because you bought an american car which is produced here, supplied here, and then -- >> yes. many toyotas are produced here and supplied here. but the worldwide reputation -- sometimes they're produced in japan, sometimes europe. >> that is very true. >> mr. toyoda, i was impressed with your opening marks -- your opening remarks and your being here. i am curious what you are going to do. i am trying in my own questions to get some sense of whether we need to have confidence and where there is still some questions. in your testimony, you say, and i am quoting -- this is page one of your testimony. toyota's priority has traditionally been the following. first, safety, second quality, and third volume. i am going to ask you about what seems to be a fourth priority that is for me the most .roubling aspect that is for me the most troubling aspect of this controversy. and that first fourth quality is secrecy. to get to the heart of my concern about secrecy and the cultu

and that's when we really felt that we needed to go to japan and talk directly with the people in japan about this. >> ifill: normally, how do companies, how are companies like toyota-- but even domestic car companies-- how are they held accountable? how are they accountable? how can they say, "we won't do anything about this until you come to japan and demand that we do something?" >> we have subpoena power to get all kinds of information. we also have the authority to make them do the recall. we ask them to do it voluntarily and if they won't, then,, you know, we require them to do that. they have to come to to us with a 76. we don't necessarily sign off on it. then the recall begins. when we discovered people really weren't paying attention to it, we went back and told them they had to issue more notices to the owners of these cars. >> ifill: you said today you get about 30,000 complaints a year. how many rise to the level of what we're seeing now? >> well, in this instance, -- let me just put it this way-- over the last three years, 23 million cars have been recalled, and the majori

you've seen it on tv, ad airwaves, you're seeing regulators step forward in japan and say you need to be more forthcoming. the u.s. department of transportation echoing those concerns, the ambassador to japan, and vice versa to the united states. if you're a competitor, to toyota, you're loving this. because for once, the teacher's pet, the "a" student is getting reprimanded. >> who are the winners in this story? >> i would say if you look at a car company like hyundai, which is korea's national champion carmaker, they've benchmarked themselves and gave themselves to match or exceed toyota in quality. this is a huge opening for them, especially because their momentum has been great. in the united states, ford is at the advent of the big three hybrid technology. if you're a dealership in the market nor a hybrid, they could very easily cast dispersions on the toyota vehicle, such as i'm hearing x, y and z, even though it's a 40-minute fix at the dealership for the recall. you're going to run into these issues. i think that power of negative pr, word of mouth is extremely dill ter yufls.

and in japan. add to that problems with the prius harvard, also due to brake problems. >> japan's nikkei news service reports that world's no. 1 selling hybrid is being recalled. toyota usa says no decision has been made. 270,000 prius models may be for this year may have a great problems. -- may have brake problems. >> they are really behind the eightball. and know they are working as hard as they can to fix this, but the press is not good. >> bill o'brien is not worried. he may buy one. >> is a good car. i drove around, and i may consider it. >> more than 180 prius drivers have complained. >> we have protested the car, and is actually doing what it is supposed to do. as the u.s. and japan are both investigating. >> safety and security are the primary concerns. >> just today, some dealers got the part to fix this the key gas pedals on eight other toyota models. toyota has several things to fix, its cars, its reputation, and its finances. today, toyota reported $1.70 million profit last quarter, bu

ambassador, some in japan and some here. i don't know how he does all this and does what he does as "newsweek," he's a genius. by october 1944 the united states prepared to strike at lay today the island. it would fulfill general mcarthur's promise to return to the philippines. again, the u.s. fleet was tasked with insuring the success of this invasion. once again, the japanese threw everything they had at the americans. the japanese divided their fleet into three task forces. one was composed of what remained the japanese once vaulted aircraft carriers. as the japanese no longer had enough trained pilots to compete with the americans, this decoy fleet would try to lure the powerful u.s. fast attack carrier fleet away from the leyte. this ploy, this separate judgement would allow the forces to -- it was a brilliant strategy. again, burke and mitscher disagreed with a vaulted fleet commander, bill halsey. you know, halsey and mcarthur were both brilliant, and both got so tied up with their ego, then they could make terrible m

unusual for japan's index, ewj is the similar bowl, very significant vol yul. i don't often see that. i thought i would point it out. you want to look for levels on the s&p 500. a classic direction, a 10% move from the highs. january 19th was 11.50. therefore, the correction level is 1035, 35 points away from that. trader talk.cnbc.com. >> off the lows, but not by a whole lot. we're basically five to one declines against advanceses. one interesting thing to point is new lows far outpacing new highs today. well, it's a down day. that would be the case. on a lot of down days, it has not been the case. we're seeing a lot more stocks getting close to those lows. take a look at a few big cap names, research in motion down 2.4%, apple down 3%. google down 2.3%. cisco has given away .2 in the last few minutes. strong ner the last hour. everyone talking about john chambers and how bullish he is and what he sees with the recovery. that stock very much outpacing the rest of the market. we talked earlier about how the chips may have turned the corner. so much need for the

look at japan, 20 years ago what were we saying about japan? the economic super power. over the world, going to become the number one economy. >> greta: i remember people didn't like products when i was kid from japan. >> then remember the 80s. what happened to japan? it let its debt spiral out of control. today who talks about japan? nobody does. the japanese are some of the biggest savers in the world. so guess what? they just loan this money to themselves. they have huge deficits but they loan it to themselves. not save as well as other countries. as a result we have to look for people to lend us money from overseas. >> greta: interesting to note that the secretary of stat]1@y not the secretary of treasury is warning us on this, thank you peter. >> greta: shake-up at the white house. white house social secretary desiree rogers has resigned. returning to the private sector. rogers came under fire after two infamous party crashers speaked into a white house state dinner. the white house says roger was not fired but decided to leave on her own. before the democrats ran

the toyota prius is reportedly being recalled in japan. they are now looking at lexus, at the lexus hybrid. also over brake problems. with me now, the car coach, lauren fix. she's also author of "lauren fix's guide to loving your car." lauren, again, these are initial reports coming out of japan. what do you make of what we're hearing? >> i think that this is very interesting. i think initially that they sat on their hands when it came to acceleration problems and now they're listening to every single consumer complaint and i think once this starts, people come out of woodwork, you know how that happens. people who have problems, they heard about this prius problem, they say they're having problems as well and it's starting to evolve. it's very interesting. i got a phone call as well as a press release from ford motor company saying we're being proactive and we're changing our software in our hybrid vehicles so there's no question about their products. they're not having any problems at all. i also received a press release from toyota sayi

and japan the recall is in. >> i beg your pardon. thought it was just japan, as i was told earlier. >> i'm sure it's global. they make the cars in japan and sell them wherever, including here. >> a follow-up on a quick quick on the credit default swaps i hate hearing swaps mentioned on a day like today. a year after meltdown we haven't d and cauterized this problem. how could it be this kind of fear-inspiring, uncontrolled element? >> could you address the uk question i put to you? >> yeah, these are a lot of questions, that's inflation right there, let me tell you. i think -- look, it's natural here that all of these fears would be resurfacing. we don't yet know if this expansi expansion's going to be sustainable on its own. the big message out of all of this is, if the expansion were to prove unsustainable without more support, there's very limited scope for additional support to come from governments around the world. so we really do need this thing to be able to keep going on its own. personally, i'm relatively optimistic about t

they are critical to the economy of japan and all this now has me back to really hurt them, a boomerang effect here because by expanding and using the same parts everywhere, if one of those parts goes bad, then the problem is everywhere. >> what concerns me is time gaps in responding to customer complaints and responding to nitze complaints. that's the part of it that's distbing me because the company's philosophy really is and they really believe customer always comes first. >> charlie: andrea elliot grew up in alabama and then became a major terrorist in somalia. >> what i think people find so jarrinwith omar is how familiar he is. when most people think about jihaddists, they have this image of these people whore alien, other worldly. >> charlie: can't imagine knowing. >> people you can't imagine knowing, who are at odds with the west. omar just turns that on his head because these really straddling the divide. >> charlie: the sport bowl with peter king toyota with brian ross and jeff liker and andrealliot about the journey of one man from alabama to somalia, next. if you've had a co