. >> sill to come john mack may be getting good press but not here.st, let's take our daily view through the view finder. >> i appreciate our governors being here. it's a pretty cool job. isn't it. >> the evil geniuses who created obama care. >> there is no war on women. women are doing well. >> i have decided to stay out of the limelight. i had plenty of the limelight. >> i am thinking about getting it tatooed here, all the way to tampa. >> this is crucial romney help him with the group he is in women, hispanics franafricans americans, evangelical christians and republicans. >> you know i miss the presidency. >> i woke up to go get me a cold pop. then i thought somebody was talking to me. lord jesus. >> i didn't make it to a lot of games last year, karen, but i have got to tell you i have got to tell you that interesting background. >> praying for my life and then the smoke got me. i got bronchitis. ain't nobody got time for that. >> how was it? >> yes. i love it. >> got to be a staggering thing for some. i blood pressure a book and they didn't think

jessica pressel, author of ""along who is back, profiling john mack. coming in. >> thanks for having me. >> when i read the article, it was actually surprisingly positive. he is charasmatic, charging. but didn't he create the pitfalls and the trap doors that destroyed morgan stanley? >> yeah. like you said, he is a super charasmatic individual. he has cultivated this heroic image based upon things that happened during the crisis. if you look back there is a reason that morgan stanley was, if not the weakest, among the weakest of the wall street banks that, you know, had to take tarp money and bail-out money. so, yeah, when he we want back to morgan stanley in 2005, he got the firm heavily invested in sub-prime, increased their leverage made a few very disastrous acquisitions. >> when he came back in '05, i affirm actively pulled out bill pursell, who had been his co-ceo but mack came back, pushed out pursell and had a 2-point game plan as you pointed out in the article. leveraged 32 to 1 which is crazy by any business perspective and invested in the de

it said john mack was the great leader for war. is it true that certain people are perfect for certain times in running an institution? >> i think you have to be able to draw on different strengths depending on what's going on in the world. >> rose: at the moment. >> at the moment. so, for example, we were in... there was a lot of discussion about morgan stanley last fall and our exposure to euro. that was a mini... it wasn't the war but it was a big battle and you had to be battle ready and battle tough so you have to turn the dials up and down. john is, by the way, a terrific guy, a friend of mine and we've had one of the few truly bloodless transitions on wall street so we're both very proud of that. >> and you're the guy he hand picked. >> and we've worked very well together and he is more intuitive, i'm more analytic. we came from different backgrounds. but you still have to be able to play in each other's space. >> rose: let me touch on europe and china. was it an exaggeration of your exposure to europe or an exposure you had

and there is not what mark mack john had in mind just months ago. >> when you think about this it's being a tough day. and this is a lot of positive things looking toward towards the future. and there is an opportunity to win $1 million. there is a shot for $25 grand. a couple other fans scored $10,000 for shootings. the van with a 70 foot shot. >> and what could happen? >> i know it could. >> and there is a company getting destroyed for this. >> and they're moving it better and out of the arena. >> yes. yes. >> thank autos that is this edition of abc 7 news. >> for larry beil and spencer christian, thanks for joining us. >> here are the top stories you'll find on our web site right now. have a good night. hey guys, breakfast! ♪ [ female announcer ] if whole grain isn't the first ingredient in your breakfast cereal, what is? now, in every box of general mills big g cereal, there's more whole grain than any other ingredient. that's why it's listed first on the side. from honey nut cheerios to cinnamon toast crunch to lucky charms, get more whole grain than any other ingredient... without q

choral speech, she taught us to read music, she had literature, i mean, and there was john biggers and joseph mack and all these artists who were in our home all the time. so our world experience was not defined by legal segregation, and when your world experience is not defined by legal segregation, your understanding of yourself is broad, okay? so there i am, i've learned how to read, and i'm in the grocery store and there are two water fountains and one says "for colored," and the other one says, "for whites only." well, i was always a curious child-- most inquisitive aut life and things. i always wanted to know, you know, where things came from and what they were and why. and i looked and i would read... i would read that sign. i would look at that sign and i would look at that sign and i said, "now, why... why is that like that?" >> hinojosa: did you know white? did you understand that was for white people? >> i was beginning to understand it. i was beginning to understand it, but i wanted to know why. i mean, you know, i understood that that was going on. by this time, i understood what was

. >> tom: john, full disclosure, iave a couple of chiren unde10, d maca mack and cheese is a staple. best of luck with the career and launching annies. the ceo of annie's. >> reporter: still ahead, i'm sheryl kahn in las vegas, where the housing boom went bust and buying could still be a gamble. >> susie: the new york auto show opens this weekend in manhattan, and u.s. automakers are firing on all cylinders. general motors is one of them. its march sales jumped 12%-- not bad for a company that was in bankruptcy just three years ag when i talked today with mark reuss, president of g.m. north america, he said the automaker will do even better the rest of this year thanks to a big rollout of new vehicles. >> this summer for general motors, we executed the cadillac, and looking to traverse the acadia, and the enclave, for all three of those brands, and a part of the market that we frankly own, or a piece of it, those are big important volume launches for us. we'vgot e mentum that will increase bringing those products on line. and that's what we look forward to. >> susie: mark, how close