john flannery said everything is on the table, there are no secret cows.dering if others may be interested in buying all or part of general electric. that's what we got from plenty of viewers coming into this special sit-down with warren buffett. a lot of people wondered if he would be interestedthis buying ge here's what he had to say on that front. >> if we like the business and the price was right, we could write a check for cash and that would apply to ge they've got a few big businesses i don't think they want to sell them, but they have some smaller units that they are interested in selling but we are always in the market for a big business we got the management for it and so on. >> reporter: now this was part of a broader conversation about what buffett thinks about stock prices right now he wrote the annual letter to shareholders and he pointed that berkshire hathaways has $116 billion that he has to put to work. businesses overall are pretty expensive, especially if he wants to buy a full business because you have to pay a premium to what they are

earlier this year, as you may know, the ceo john flannery signalled he is open to a more far reaching breakup of that company. >>> customer seisfaction in airline industry dipped even as a record number of peopl took flights. the annual air travelers in america survey found that 81% of those questioned were satisfied with their overall experience st year. but that's down from 85% in to 16. the survey of more than 5,000 travelers comes after a year when the airline industry was hit witheveral high-profile incidents where passengers f clashed wight crews. >>> as we reported last week, there is talk in washing lately of hiking the federal god tax to help pay for needed infrastructure repairs. but a new report shows just much that would hit drivers in some states, and that's not going overery well. ylan mui has the u latest for tonight from washington. >>> >> reporter: the drive to raise the federal gas tax hitting a road block in washington. a new report out today projects increasing the gas tax by just a quarter would translate into hundreds of dollars in new costs foronsumers every yea

and chairman john flannery is planner planning majoring restructuring as we've reported before that could include breaking off some major divisions flannery has pledged to remove at least twenty billion dollars in assets from the company's balance sheet. a statement released from the weinstein group says that the bankruptcy is imminent following the collapse of talks with an investor group about selling the company harvey weinstein the co-founder and former fierce force in hollywood who last year fell from grace due to sexual misconduct spurred the demise of the once powerful company that he and his brother bob built the company's statement said quote while we recognize that this is an extremely unfortunate outcome for our employees our creditors and any victims the board has no choice the two brothers started their rise to the excess with the former company dream works which was later sold to disney with the best picture winner of one nine hundred ninety eight shakespeare in love. and here to discuss money systems is david merchant all of it all off investments and the offer of the all o

former prosecutor, a michael zeldin a legal analyst and robert mueller's former assistant, and john flannery counsel to the senate and house judiciary committees. attorney alex van der zwaan pleaded -- or pled guilty for lying to investigators to cover up frgs conversations with rick gates, a former aide to the campaign. to the campaign manager paul manafort and one other person. who worked with gates and manafort. what's your reaction to this guilty plea? michael, you first. >> there are two rules that mueller set down for us. one is, do not lie to my investigative team. and if you are part of a group of people, do not endeavor to did he fraud the united states of the lawful functioning. that's the theme among the manafort and russian indictments, and the guilty pleas of papadopoulos and flynn, and now this lawyer. mueller takes truth telling and honesty very seriously. and anyone a who think that is mueller is not turning over every stone to see whether people are telling the truth, all they need to do is look at the indictment, to see the level of detail he went into which the young lawye

the move after ceo john flannery announced last months he was open to breaking up the company. >>> we'ree cryptocurrency broke through the $11,000 mark over the weekend for the first time since january. on the topic of bitcoin, a negative comment last night despite the move this morning from bank of england governor mark carney who says bitcoin has so far failed in its ambition to be a legitimate currency that's because he argues it is not a useful way to buy things or a store of value. carney was complimentary about the underlying technology that could be useful to monitor financial transactions moving forward. either way, bitcoin ignoring his generally negative comments and rising this morning above 11,000 >>> a south korean cryptocurrency regulator was found dead at his home over the weekend. a local news agency reported he was presumed to have suffered a heart attack police opened an investigation into the cause of the death. >>> still ahead on "worldwide exchange." oil prices are mixed with crude and brent moving in opposite directions ur new house. and a perfectly inconspicuous suv

along with john flannery, jenna and jeff are tell here. duncan thanks for being with here. where do you stand on arming some properly armed teachers as president trump suggested? >> i think it's a crazy idea and someone whose owned by the nra would propose something like that. halle, in america over 15,000 people were shot and killed by guns. 99.7% of them were not in school. this is not a school problem, this is a society problem. this is a happens in america problems. it happens in malls, movie theaters and churches. so we either take this on as a country and decide we value our kids' lives or continue to have heart breaking stories of tragedy week after week after week. that has to end. >> your echoing something you tweeted over the weekend, sir, with you talked about how this is not a school problem in america. you say it's a man-made only in america problem. something has to be incumbent on schools, no? don't schools have some part to play in this puzzle here? >> we all have a role to play, but what's the common denominator here? whet

or wrong -- well, i should say it's created so many problems that built up over 40 years that john flannery is spending all his time just fixing it, just so you can get a pure view and insight into these businesses. >> dean, what have we learned about jeff immelt's tenure >> i think one of the biggest stigmas against that tenure has been capital allocation decisions that have not worked out for the company. i agree with rob that there's a lot of repair that needs to happen at ge we did get good news, this has been almost a year coming before we saw a positive catalyst, but i think the announcements today about three new board nominees can be a game changer, both in investor sentiment, but actually making real change. >> deane, i'm saying this was supposed to be one of the most well-run, and after the crisis we learned that ge capital wasn't all that. they're talking about restating two years of earnings. how much of it has been a facade fooling investors and analysts alike. >> let's be clear, on the restatement of earnings, this is new, the suggestion that smun you toward, that's not the ca

overseas lighting business to a former company exec for an undisclosed amount back in november, ceo john flanneryge would exit at least $20 billion in assets trying to shore up its financial investment divestitures expected to include transportation, the health care i.t. business with a longer term plan that may include exiting ge's majority stake in baker hughes and quite possibly a break up of the broader blue chip company all of this after hundreds of billions worth of divestitures in recent years, including most of ge capital. investors are expecting an update in april at the shareholders meeting. >> thank you. >>> we mentioned semiconductors were one of the few bright spots in the market today. let's send it over to bertha coombs with more on that. >> they're pretty much holding up the nasdaq here that is what's moving higher, partly on some consolidation news with qualcomm making a bid for nxpi while it's bebe iing pursued by broad com. apple had been a strong point earlier in the session but it has faded here as we head towards the close. you can see it's just dipping into the red that's w

john flannery suggesting last month that he might break up the company 45% last year.declined to comment on the report in ge shares have plunged 50% over the past year. and it was a record smashing weekend at the box office to the tune of $192 million. >> what happens now? what happens to the rest of the world. >> a marvelous black panther blew past expectations for the fifth highest grossing debut effort. this follows only "star wars" to only "star wars" the force awakens. "star wars" the last jedi, jurassic world and the avengers. peter rather with $17.3 million. dropping into third place to find the movie and 50 shades from it dog a rounding out the top five jumanji welcome to the jungle at may 1517 to paris. i really wanted to see black panther over the weekend. i couldn't get in. the theater near my house was just packed. >> i went with my parents last night. it was really awesome. if you're into these movies, there's no way you're not going to like it. so many tears to the storytelling. the acting was fantastic and what was so amazing not only in terms of this st

ceo john flannery is seeking to break up parts of the business, selling of $30 billion of business.ated. so do they need ge services? power division and health care and aviation. the power division lost 45% in profit last year. this company still in a world of pain. charles: immelt really blew it. took most powerful, richests wealthiest company in the world and left it in shambles. >>> speaking of shambles, venezuela's nicolas maduro will sell cryptocurrency backed by oil. the government claims 100 million bet troh dollars will be worth $6 billion. "blood profits" author vanessa neumann joins us. it sound like a crazy long shot. any chance of this is working? >> that is all he has left is crazy long shots. the country is facing 13,000% inflation according to imf in 2018. that is one .5% an hour. here are the pros and cons. people of venezuela are mining bitcoin for a long time to get around the government, maduro government for them to trade and to store value and buy stuff in this hyperinflationary scenario. what the people of venezuela don'ts want is for the maduro regime to get t

. >> you would understand john flannery coming in and wanting to -- >> clean house. >> yeah, make suree's doing things his way going through the entire process. >> sure. sure if i were brought in to run ge, which they never would do, and they'd be wise not to, but there would be a lot to get your mind around, i mean, you know, from the old insurance contracts to these long-term contracts and service contracts and there's just a lot on your plate and so the fact that you don't have it all in place the first day or the first week or the first month, i don't blame anybody for that there's things -- there's things to learn with something that complicated and widespread. >> okay. one thing that we got a lot of questions that people wrote in about are variations on forms of corporate social responsibility. i'll start with one of the questions that came in this is from tom iniria, does berkshire own gun manufacturers and does gun ownership have an effect on property and casualty premiums there were a lot of questions in this vein coming in just given the headlines out there about what's been