the fact is john mack is turning 65 i believe in november. that's one aspect. another -- and i'll tell you, i really like john mack, respect him, one of the good guys of wall street. he hasn't had a good couple of years, and i think the board, from what i understand, board members are itching for a change somehow up top. and the likelihood, like i said, it's the likelihood, we don't know for sure. >> but charlie, it makes sense, right? jim gorman is the logical choice. he's the co-head of strategic planning. he's the co-president. he ran retail. if there's a logical choice, jim gorman would be the man, right? >> and a logical internal choice. i hedge this because you never know who's -- i mean, there's a lot of smart guys on the outside. i mean, larry fink almost took the job at one point. you know, when larry -- not that he almost took the job. the board, before they went and got mack back in 2005, when they ousted phil purcell, the board actually interviewed larry fink and apparently he had some -- one of the reasons why he didn't get named to the job, the bo

john mack is turning 65. it's kind of a -- it's not really a mandatory retirement age if you're john mack. he's the ceo of morgan stanley. but there is talk inside morgan stanley -- and, you know, not at the water cooler level, at the top level, that john is likely, and i say likely because who knows what's going to happen, to turn over the ceo role this year, announce it this year, be effective next year and then the question is who will he turn it over to? the lightly candidate -- and it's an internal candidate, is a guy named james gorman, the president of the firm. long-time mckenzie consultant, was an mckenzie -- was merrill lynch's mckenzie consultant, if you can fig answer that out. left to join morgan stanley. basically now running the biggest brokers department on wall street. bigger than merrill's. remember when they combined the brokers? i think he got 18, 20,000 brokers right now. he's the leading candidate. it's not a done deal, but from what i hear, and people pretty high up in the firm are tell

>> this is not according to morgan stanley the final days of john mack. this started with a report from one of the guys in the markets that i really respect, a guy named doug kass who basically says john mack was now going to be handing over duties, major parts of -- he's the ceo. the major parts of his duties to jim gorman and signaling essentially that jim gorman will be the next ceo of morgan stanley. i called up morgan and i talked to probably -- doug kass is one of the best investors i know. jean marie mcfadden is one of the best flacks i know, the flak of morgan stanley zprks she said there's nothing imminent, nothing happening. what we do know is john mack probably next year is going to step down as ceo. he's going to be 65. and become chairman of morgan stanley. and then the job is over open to either gorman, right now he's number two, head of the mortgage department, or elite shama, head of the investment bank. a lot of people think it's going to be gorman. we'll have to see what happens. they tell me it's nothing imminent. i have a feeling it's

i think goi forward if john mack retires the ceo, he should be should have a requirement that he has me on tha lehman board so you could have financial experts on these boards and that would back them because lehman was $750 billion domino with the most irresponsible board and the world. >> when next question is if they were bailed out by the same? >> that is the problem i have with merrill lynch. it is disgusting. meill lynch w destroyed by kelewis come i am sorry bankamerica was destroyed because ken lewis dd not proper understand the off-balance sheet risk that it is one of the largest bks who has innocent people's money, they were investing or products in very dangerous things now camp louis is still the ceo of bank of america even though he lost all of that money. that is the moral hazard and that i why i hate bailoets. but i also feel if you let people go like lehman brothers, it can rlly hurt a lot of people the way it has program writing this book not just for the men to 83 employees but for the intention of helping may's three i am getting wonderful e-mails and atwitter from

. >> whole foods ceo john macke under fire from some customers and labor unions over a recent op-ed herote on health care, saying health care is not a right, and warning against a government-run plan. so do ceos have the right to speak out on hot-button issues or would they and the companies they run be better served by keeping it shot. psychologist and ceo, dan gross, senior editor and columnist for "news week." susan, what do you think? i mean, he's -- he's entitled to speak. >> well, ceos are the public face of their companies, mark. so their prime responsibility is to protect the company, protect the brand, and whole foods, of course, has established itself as a premium brand, focusing progressively on hemth, organic food, et cetera. so here is mackey violating in some ways, marketing 101, because the principle is, know your customer. so many of whole foods customers really have a progressive attitude and values. and so putting this, you know, this stake in the sand in terms of his own attitude is really in some ways angering and alienating his customer base. not wise. >> stupid is

john hopkins. deal with this is for mack users. it comes from a head phone.ike that you speak in the head coarntion it's mac speech dictate. so it changes your speech to text. and the regular version is 199 bukdz an now they have a legal and medical version. has all the medical terminology for med students or law students. this one is higher. it's 595. but that's still less that than nf the other programs out there. and worth it in the end. shoot. saves you a lot of time. finally a teen any tiny keyboard this is tiny. i was asking, what is sth for? what do you use it for. a lot of times dorm rooms are small. not a lot of desk space and it's from japan. 29 bucks. they can throw it in their pocket and again, go to the coffee shop. in this day and aifnlg tesmght on smaller things this, would be a breezy guess, sure, ab saab a sought lie. all right. gage get girl you always have great stuff. thank you so much. put that in my pocket. i'll put it back here. coming up in the 8 o'clock hour, back to school is around the corner. we've been talking about. it we'll show

john f. kennedy presidential library. i want to go to jack with the cafferty file. >>> can senator kennedy's death revive the spirit of bipartisanship when it comes to the subject of health care reform? >> macko, it won't. the right wing talking radio head hate dispensers have long disparaged senator kennedy as an evil leader of the socialist agenda. they are claiming his death is a marketing cool for obama care. the feeble-minded followers will continue to eat up the lies like candy. bipartisanship will continue to be a concept. alan writes, it is a very nice thought. i wouldn't bet a nickel on it happening. the republicans don't play well with others. they have gotten their base so excited about the hate speech. a compromise would cause a complete revolt within the party. c.j. writes, even with kennedy gone, with are is the money from this going to come from? nothing has changed. the country is going brought. gridlock is the best thing. larry says, i am fighting lung cancer. my insurance company wants to cancel my policy due to a pre-existing condition. i have lost the one person who could possibly stop this from happening. the rest of the washington folks really don't give a damn. wilhelm