i'm ken paulson, the executive director of the first amendment center. our guest once described rap as "america's black radio station." if that's the case, we're joined today by the program director of an entire movement. please welcome the founder of public enemy, chuck d. [applause] you're a man of opinions. what i didn't know until reading a bit more about you was that your folks were both activists, that you grew up in a household of opinions. did that shape the way you look at the world? yup, 'cause my parents kind of, like, raised me to be independent and have independent thoughts, not so much as follow my peers, and to challenge information. so, i mean, to be an activist just means that they were conscious of certain facts that were circulating. and in the '60s, they were in their 20s, late 20s, so that was a time where you had a conscious movement where people were actually looking into themselves, finding out about themselves, and trying to do something to better themselves. and my parents encouraged me to do so myself. i understand that a kind

i'm ken paulson, executive director of the first amendment center, and this is a special edition of the program in recognition of banned books week. it features three very special guests. they include judy blume, one of this country's most popular and most frequently censored authors, carolivia herron, whose critically-acclaimed book, nappy hair, was challenged in a brooklyn school, and cammie mannino, a bookseller who took a stand against censorship. welcome to all of you. i have to begin with judy. you know, there are these lists every year about the most banned books. each and every year, you're in the top five. you're sort of the beatles of banned books. how did you obtain this status, and what are you doing wrong? uh-oh, you know, you're asking the wrong person. it's never the-- the person who wrote the books is always surprised. you have to ask the people who ban the books. i can go back to 1980, and i can say to you-- of course, i remember, you know, "what was it?" it was a shock to me. it was anything to do with sexuality, which, for my characters, was puberty; any language that

ken wayne. dave clark has the day off. >> i'm pam cook. time is 5:30. mark tamayo is in for steve paulson. you are a busy morning. >> yeah running around keeping track of the computers and the radar. we have quite a bit of rainfall to track. the rain will continue to be a big factor. we do have breaks out there. a good portion of the bay area picking up downpours from san francisco and also in parts of marin county. closer to san rafael and moving into nevada. more on today's forecast if a few minutes. sal has an update on the wet roadways. good morning, sal. >>> good morning, mark. 280 northbound looks good. also right now we are looking at the commute if you are driving on interstate 880. it has been raining in the east bay. coming down hard in some areas. the bad weather is causing a number of problems. let's go to tara moriarty in berkeley where four-car accident just cleared up. right tara? >> reporter: that is right. there is a huge puddle of standing water at the gilman exit on westbound 80. we are under the freeway. this is where all the cars pulled over. four cars involved in that

ken wayne in for dave clark. >> good morning. i'm pam cook. thanks for joining us. let's check in with steve paulson because we're having some pretty wet weather. >> we are. it took quite a while to get here, but it'll be here most of the week. part of the system blasting through the north bay right now, but it's going to slow down. the system has a long way to go. and if you don't have the rain right now, you have the cloudy, windy, windy conditions. you can see how out of the north bay is really painted on that. south of that there hasn't about too much. so there's a distinct line right now. this system is pricing some moderate rain, also up into lake county, mendocino county, napa and sonoma county and now marin county. here's sal. reporter: steve, i think it's going to be an adventure if you're driving. as steve mentioned, today could even be worse if the system parks over us and gives us a good dose of rain. and that tends to lead to more serious crashes when it's a dowp. right now it looks okay right now if you're on 880. san francisco northbound traffic 101, that looks okay. a little bit wind

and former secretary treasury hank paulson had with bank of america before it completed its purchase of merrill lynch in 2009. the u.s. government gave b of a when ken lewis said he might abandon the deal because of merrill's losses. it's rare for be compelled to testify in a lawsuit. >>> and the s.e.c. is stepping up its probe of pre-ipo trading of shares of companies on the second isary market. the investigation involves the marketing of stock and hot internet companies like twitter and facebook and whether firms are fully disclosing risk to investors. the s.e.c. is negotiating a set is lment with shares and could bring action against felix investment. they got media attention after touting facebook and twitter's prospects to clients. >>> well, he's been in the top job since 2004. donahue, who oversaw the cme expansion with the cbo at nymex will be replaced by current president. cme chairman terry duffy will take on the president's role and duffy is the face of the company in front of congress and regulators in the wake of the mf global scandal. >> and prudential has met forecasts in the 2 billion pounds. numbers are boosted by continued strength

paulson is close, as well. steven cohen came in at $585 million. ken griffin showing up again.ut when you look at these numbers, the enormous compensation, i always make the point that a hedge fund that has revenues of $500 million or a billion dollars has a very good year. it employs as few as 30 people. whereas a company started by an entrepreneur that has that number might the employ 1,000 or 2,000. >> taxation very favorable. so if i were president obama, i would look at this and say look at these guys. they pay almost nothing and the people at that 1,000 person plant, they're paying at a much higher rate. >> and yet money continues to move into hedge funds. the market is the market. if institutions and pension funds feel that they can get a better return with hedge fundses, that's where the money is going. but we've had so few hedge funds in 2011 that really outperform the broader in-d indices. and if they have one really lousy year, the alignment of interests. manager might have made hundreds of millions of dollars during that point, but if you stayed with them and they h

i'm ken paulson. back next week with another conversation about the first amendment and free expression. hope you can join us then for speaking freely. captioning provided by the freedom forum first amendment center captioning by captionmax www.captionmax.com