let me welcome senator hatch and kuhns for the hearing. let me ask unanimous consent that senator leahy's statements be put into the record, which it will be without objection. let me ask each of you just very simply and quickly using your own words and your own experience, explain what you think the scope is of this problem for our country and its industries starting with mr. hoffman. >> it is a tremendously big problem for us as a company and i think more broadly as an industry. because of so much of our intellectual property is protected as trade secrets. and right now a lot of those are considering the changing landscape and sophistication of the means of which our intellectual property and trade secrets can be obtained. so anything that helps to improve law enforcement's ability to protect our trade secrets and allows us to be more secure in keeping those secrets so they are still valuable is very much appreciated by boeing. >> from your experience, the scope of the problem? >> with companies having almost 75% of their value and tangi

let me welcome senator hatch and kuhns for the hearing. let me ask unanimous consent that senator leahy's statements be put into the record, which it will be without objection. let me ask each of you just very simply and quickly using your own words and your own experience, explain what you think the scope is of this problem for our country and its industries, starting with mr. hoffman. >> it is a tremendously big problem for us as a ly as an industry. because of so much of our intellectual property is protected as trade secrets. and right now a lot of those are considering the changing landscape and sophistication of the means of which our intellectual property and trade secrets can be obtained. that helps to improve law enforcement's ability to protect our trade secrets and allows us to be more secure in keeping those secrets so they are still valuable is very much appreciated by boeing. >> from your experience, the scope of the problem? >> with companies having almost 75% of their value and tangible assets, including trade secrets, the

steve kuhn has returned an average of 33% over the last six years. tell us where he thinks rates are going, and he'll talk stocks as well. that's going to be an interesting conversation you don't want to miss with that man right there, steve kuhn of pine river. we're back after this. i could trust. unitedhealthcare's innovative, simple program helps moms stay on track with their doctors to get the right care and guidance. (anncr vo) that's health in numbers. unitedhealthcare. a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. plus, in clinical studies, celebrex is proven to improve daily physical function so moving is easier. celebrex can be taken with or without food. and it's not a narcotic. you and your d

. >> thinking that the killer may have misled his victims about where he worked, detective kuhn enlisted own children in the investigation to distribute the composite sketch of the killer to all of the local hospitals. unfortunately the flyers didn't generate any significant leads and susan the case turned cold. >> many, many man hours, hundreds of man hours devoted to these investigations and essentially the trail just went cold. >> the murders stopped, too, leading police to suspect the killer may have changed his m.o. >> so our thoughts were either he's locked up, he's dead, or he's still out there and he's just getting a lot better at it. >> then eight years later, the case went in a new direction. it happened when investigators learned about a new fingerprint technique used in toronto called vacuum metal deposition or vmd. >> the vacuum metal deposition machine is the ultimate machine to find fingerprints on nonporous material. you could have material that was stored for 50 years. >> investigators immediately sent a dozen bags from the last call killer case to toronto. they'd been i

. >> steve kuhn highlighted it, you want to look at it and apple is regaining its momentum, i'm adding to the position, it's bond-like equity. >> the danger is looking at a huge s.w.a.t. ofwath of mma, po. 2007, you saw every single thing up for lbo or real estate recapitalization. or 2000 marked by aol timewarner. we saw a lot more of pfizeresque situations where companies are going to take almost anything to get a deal done, i don't take that as a positive. >> david tepper said the markets are nervous. he didn't say he is nervous. you pointed that out last week. >> i think he is a little nervous. >> if he's so nervous why did he double down on whirlpool? >> i'm not saying he's paying 100% cash or thinks the end of the world is coming. he is a little nervous. the economy is not performing where everybody expected it to be. >> if he was extremely nervous in any regard, why would he be adding and shifting in the airline space? why would he be adding ing tin? the citi performance has been awful but he's willing to double down again. >> one market outperforming and josh has been making th

and that is why we are seeing something quite different from the earlier kuhns.eparatist groups in the western regions and in fact, today, it is being blamed on those groups adrian brown rothers from beijing. but recent violence in the the portion has been blamed on separatist. >> this incident lays bear the antisocial, and anti-civilization nature of the terrorists and deserves the international community, and the chinese people. >> the chinese government is confident and capable of cracking down on violent terrorists. their plots will never succeed. a few weeks that killed three people and injured 79. the city has been quiet since mass riots killed almost 200 people. ethnic tensions have existed for years. >> the forbidden city show the separatists are beginning to target civilians and not just police and government officials. which the village is in, told thaws the velocity large was attacked by suspected gunman, who are from boko haram. and -- on a motorcycle. >> the gun ships are firing. then ason saying did he lose his mind completely? is. >> vick store who

on kuhn's soaring in the after hour's session. >> posted better than expected first quarter results. helped by higher demand. revenues up 16%. that was in line with street views. right now the stock continuing to hold up here up better than 10%. it hosts sites like underarmour, and they say they're increasing share with the companies they already have. >> thanks a lot. nice pop. >> i understand we traded below that. let's say $30 is where we traded down to and bounced in the middle of 2011. closing in on 18%. this is not a stock you want to fade for at least a few days. there's a good chance you can see this trade to the mid to upper 30s before it pulls back. if you're in the mode to fade tomorrow, wait a couple days. >> twitter kicking off our top trade. up grating the stock to a buy from a neutral and lower to $45 from $50. >> i believe he actually kind of hinted this might happen. which is one more reason you have to watch "fast money" every single day from beginning to end. back to twitter. i'm out of it. i sold it at $40. i understand what bob is saying. i think you might get a

. >>> when you're an on-call detective like wabash kuhn at this's mike davis, you know that days off, like the upcoming fourth of july sometimes have a way of going up in smoke. but the assignment he was catching didn't sound like one of those. check out the death of a young woman called in by the marion county hospital er. >> they said come on in. we have a case we need to work on, on a lady who passed away on a weight bench. >> the victim was a woman who worked at the local mall, lisa patterson. a sheriff's detective had taken her husband aside in the ambulance bay for a brief recorded statement. >> talking with scott patterson in reference to the death investigation. >> scott explained what had happened. how he'd come home from work to shower and eat lunch before an afternoon doctor's appointment for his bad back. lisa had taken the day off. >> i went downstairs. that's when i saw her on the bench with the weight bar thing across her neck. >> he said he lifted the weights off and started cpr. as an exfirst responder, he'd been trained in that but said he couldn't revive her. >> so

if they do a movie that is kuhn duessive to 3d they can make more money at the box office. >> dot anyonethat character, the hammer? >> he's all right. >> who can go of the superheroes? >> captain mary america for sure. >> why? >> captain america is boring for me. no substance there. >> none at all? >> batman. >> what? all the superheroes are depressed. >> a lot of baggage. >> that's what the back story is about. thank you so much. you leave me speechless. >> going to take more than magic to get into disallyland. when you see the ticket -- disneyland. when you see the ticket prices you'll see stars. you know what else i can do on my phone? place trades, get free real time quotes and teleport myself to aruba. i wish. predibut, manufacturings a prettin the united states do. means advanced technology. we learned that technology allows us to be craft oriented. no one's losing their job. there's no beer robot that has suddenly chased them out. the technology is actually creating new jobs. siemens designed and built the right tools and resources to get the job done. at od, whatever business you

how about leon cooperman, steve kuhn, you have a good lineup ahead today, too. >> we're looking forward to your interview, the judge, the general. >> and the prime minister. >> the judge, the general, the prime minister. just wanted to say on the judge there for a second, and i forgot about the prime minister and the general. >>> we will see you tomorrow. back to headquarters tomorrow, "power lunch" begins right now. >>> a judge, a general and prime minister walk into a casino. that's the star of a good joke. >> the record highs, is a summer rally still on? or are they looking at a big of a summer swoon. >> major move to thaw housing, federal regulators loosening credit, making it easier to get a mortgage. will the plan work? we'll look at what is holding housing in a sort of stalled position, and the signals you need to watch. >>> despite all those fees and complaints about uncomfortable seats, travelers in the u.s. have never been more satisfied with the airlines, have we all just become numb to flying? >>> let's look at that one. hi, sue. >> stocks taking a bit of a breather. right n

kuhn held down the suspect until police arrived.fronting burglars is not something he recommends for others and there have been several break-ins at his home. >>> a defiant donald sterling is refusing to pay the nba's $2.5 million fine for his racist comments. the lawyer for the los angeles clippers' owner has written a letter to the nba saying sterling has done nothing wrong and "no punishment is warranted." so far there's been no response from the nba. two weeks ago commissioner adam silver imposed both the fine and a life type ban on sterling from the nba. silver is vowing to do everything possible to force sterling to sell the clippers. i believe sterling looked pretty hard to tuned a lawyer or law firm that had represent him. he talked to eight or almost a dozen. >> a san francisco student's photo unexpectedly left out of her high school yearbook, but clothing controversy that has erupted and the reason her friends are taking action today. >> and authorities here in the novato this morning are piecing together a string of suspi

jamie dimon, cooperman, and we will talk about the aspects of the market and gottlieb and kuhn.ncome, stocks, all the questions on where you money will work best. we will try to give you the answers in vegas. >>> coming up, he was one of the few to download twitter when it was hitting its peek and now he says you should buy it again. next. sfx: sounds of marching band and crowd cheering sfx: sounds of marching band and crowd cheering so, i'm walking down the street, sfx: sounds of marching band and crowd cheering just you know walking, sfx: sounds of marching band and crowd cheering and i found myself in the middle of this parade honoring america's troops. which is actually quite fitting because geico has been serving the military for over 75 years. aawh no, look, i know this is about the troops and not about me. right, but i don't look like that. who can i write a letter to about this? geico. fifteen minutes could save you fifteen percent or more on car insurance. how much money do you think you'll need when you retire? then we gave each person a ribbon to show how many years t

how about leon cooperman, steve kuhn, you have a good lineup ahead today, too. >> we're looking forward general. >> and the prime minister. >> the judge, the general, the prime minister. just wanted to say on the judge there for a second, and i forgot about the prime minister and the general. >>> we will see you tomorrow. back to headquarters tomorrow, "power lunch" begins right now. >>> a judge, a general and prime minister walk into a casino. that's the star of a good joke. >> the record highs, is a summer rally still on? or are they looking at a big of a summer swoon. >> major move to thaw housing, federal

jamie dinan, gottlieb, cooperman, kuhn, i could go on and on. cannot wait for that.ing live to them from las vegas next wednesday and thursday. anthony, i know you're super excited about that. so are we as a network, we look forward to being there. unusual activity now, doc. what are you seeing? >> palty group today, judge. this one out in october, the 21 call strike. they stepped in and bought a ton of calls. some of them in very large blocks, indicating an institution is getting involved here. and/or somebody hedging off over-the-counter exposure that they've written options over the counter and they need to get in and hedge against that. so this one's down about 5% over the past month. i like it to bounce here. obviously i bought it along with whoever that interested party was, judge. >> are there any home builders in the xhb, doc? >> there was. there are. >> just checking. how long is your holding period here? >> it will probably be several weeks because this was october call activity. it wasn't the short-term activity. and yes, pete says hi. >> tell pete i said

senators kuhns and hatch have introduced legislation to give victims of trade secret theft the option of pursuing thieves in federal court. senate flake has introduced legislation to give companies a federal-civil remedy for trade secret theft. i hope the judiciary committee will act soon on legislation to strengthen both the criminal and civil protections against trade secret theft. i look forward to working with those colleagues toward that goal. today we will hear from witnesses in government, industry who confront the threat on a daily basis. what i hope will be clear by the end of the hearing is we need an all-in approach to the hearing. we must strengthen criminal laws and the law enforcement agencies stopping trade secret theft before it occurs. and investigate and prosecute when it does occur. i would add there remains an urgent need for us to pass broader cyber security legislation. i appreciate working with senator graham on that effort. i look forward to hearing from our witnesses today. and to working with my colleagues on both sides of the aisle to address this critical i

kuhne, we have heard he is involved. >> i am not familiar with the name. >> who is leading the investigation? >> i will say -- >> you oversee the criminal investigation involved, i want to know -- you did not know, this one the biggest cases and you didn't know who is leading? >> there are leading -- numerous prosecutors -- >> can you tell me how many? i've a tried to get this for 11 months. >> i cannot tell you that. >> is this an important case finding out how first amendment rights were violated and conservative groups were targeted by the irs? >> i would disagree with the characterization. it is an important case. >> you do not know how many agents are involved? >> agents would involve from the federal bureau of investigation. >> how many attorneys from your -- >> i cannot give you a precise number. >> earlier this week in a bipartisan majority, 26 and democrats joined republicans and said we should have a special counsel take over this investigation. 26 democrats joined with us saying this "the actions of the irs and department of justice in connection with the matter have served to und

managing editor of the ill, jim kuhn in, house reporter with the associated press. thank you both.pga tour time. >> won the next washington journal we will get an update on the justice department announcement that it was indicting by chinese military officers for computer hacking. we will talk to ben fitzgerald of the center for a new american security. then, a conversation with dr. michael bell of the centers for disease control and prevention about the potential threat of some adrs virus. it will take your phone call on the prairies is and take -- join the conversation on facebook and twitter. >> c-span newest book sundays at 8:00, a collection of interviews from 25 years of book notes and q&a conversations. >> at that point i was what you might have called the henry jackson democrat kamal cold war liberal, a believer in the great society, but also a believer in that tough approach to the soviet union, which means i had pretty much of all when the democratic party at the time. pat moynihan, henry jackson, the great senator from washington state, and later on that element of the d

. >> jeff kuhns. >> do you know him? >> i actually do know him. >> i was kidding. >> i think he's serious. >> he is serious. >> i am serious. anyway. >> wow. all right, guys, when we return, we do have i ajobs preview. we have two hours to go before the big report. and "squawk" takes off with netjet ceo jordan hansel. he'll join us in the next hour. >>> as we take a break, let's look at yesterday's winners and losers. stick around. "squawk box" will be right back. >> that was great. >> it wasn't bad. >> there were parts of it that weren't very good. >> could have been a lot better. >> i didn't like it. >> it was terrible. >> it was bad. >> awful. >> terrible! >> boo. >> boo! true business-grade internet comes with secure wifi for your business. it also comes with public wifi for your customers. not so with internet from the phone company. i would email the phone company to inquire as to why they have shortchanged these customers. but that would require wifi. switch to comcast business internet and get two wifi networks i

we're getting bearish with jim chanos and steve kuhn will reveal the stocks he love., we've gotten tepper's take on the market and now lee cooperman's take on the market, and see if they agree with one another on where they think the markets are headed. >> yeah, always fun to watch leon speak his mind. we'll see you in a few. >>> the nasdaq is under pressure this morning. sheila has the latest. >> carl, we are right now at session lows for both the nasdaq 100 and the nasdaq composite. in fact, the composite is down nearly 1.5%, so certainly seeing some real selling pressure. i've been talking to traders as to why we're seeing the momentum pick up in the nasdaq to the downside. they say it's a one-two-three punch. physical, you have the negative sentiment throughout the whole year. certainly, tepper's comments didn't help a whole lot, so people taking their queues from there. second, can't forget about the russell and what's happening in the 10-year. again, everyone saying that the nasdaq and several stocks are trading on the back of that. certainly seen real slowdown

back in february his supporters were the main fighting force in the bloodstained western supported kuhn and now he's one of the main backers of the military crackdown in the east. we have to squish all those behind the terrorist efforts there matches ask what that word you've used squash means to physically eliminate them away with. only credible is chairman of the right wings for both a party and thinks ukraine should give up on russian gas and charge moscow more for gas transits he's called for the russian language to be banned and believes minority rights should be limited he's also charged with being anti semitic. tymoshenko was the hero when of the two thousand and five aren't revolution known as much for her hip let as for her politics the two times explain minister was jailed in two thousand and eleven for exceeding her powers her campaign is built on the alleged abuse she suffered in detention she promises a session to the european union even if it means severing ties with moscow but it's unclear if voter trust is there for political steps range from friendly gas deals with pres