lance armstrong purses the u.s. government. he could lose a fortune if the government gets its way but is it legal? we debate the topic. gerri: the hits keep coming for lance armstrong for a federal judge denied his request to dismiss the government's $100 million loss due to alleged he defrauded the government by excepting sponsorship money you from the postal service while using performance-enhancing drugs. the next guests are here. lis wiehl, do they have the case? >> armstrong was defrauding the government year after year after year the u.s. not taking enhancements and he was. also to the people there on the team so they should have a jury decide. gerri: he says the postal service should have known? >> i said that is the kind of thing that you find out not in the motion to dismiss the judge said i just don't know enough to say that the post office should have known because the question is the french did the investigation and cleared armstrong sufficient did the post office know about that investigation? what else happened w

lance armstrong purses the u.s. government. he could lose a fortune if the government gets its way but is it legal? we debate the topic. next. so i can reach ally bank 24/7 but there are no branches? 24/7 i'm sorry- i'm just really reluctant to try new things. really? what's wrong with trying new things? you feel that in your muscles? yeah...i do... drink water. it's a long story. well, not having branches lets us give you great rates and service. i'd like that. experience a new way to bank where no branches = great rates. ally bank. your money needs an ally. and we'll be here at lifelock doing our thing: you do your shop from anywhere thing, offering protection that simple credit score monitoring can't. get lifelock protection and live life free. the numbers are impressive.y to new york state. over 400,000 new private sector jobs... making new york state number two in the nation in new private sector job creation... with 10 regional development strategies to fit your business needs. and now it's even better because they've int

lance armstrong purses the u.s. government. he could lose a fortune if the government gets its way but is it legal? but is it legal? we debate the topic. when folks think about what they get from alaska, but is it legal? we debate the topic. they think salmon and energy. but the energy bp produces up here creates something else as well: jobs all over america. engineering and innovation jobs. advanced safety systems & technology. shipping and manufacturing. across the united states, bp supports more than a quarter million jobs. when we set up operation in one part of the country, people in other parts go to work. that's not a coincidence. it's one more part of our commitment to america. i got more advice than i knew what to do with. what i needed was information i could trust on how to take care of me and my baby. luckily, unitedhealthcare has a simple program that helps moms stay on track with their doctors and get the right care and guidance-before and after the baby is born. simple is good right now. (anncr vo) innovations th

lance armstrong purses the u.s. government. he could lose a fortune if the government gets its way but is it legal? but is it legal? we debate the topic. means keeping seven billion ctransactions flowing.g, and when weather hits, it's data mayhem. but airlines running hp end-to-end solutions are always calm during a storm. so if your business deals with the unexpected, hp big data and cloud solutions make sure you always know what's coming - and are ready for it. make it matter. crestor lowered bad cholesterol in it's a fact. high-risk patients more than lipitor. bad cholesterol... you're going down! yeah! lowering cholesterol is a big deal, especially if you have high cholesterol plus any of these risk factors, because you could be at increased risk for plaque buildup in your arteries over time. so, when diet and exercise aren't enough to lower cholesterol, adding crestor can help. i'm down with crestor! crestor is not right for everyone, like people with liver disease or women who are nursing, pregnant, or may become pregnant

lance armstrong purses the u.s. government. he could lose a fortune if the government gets its way but is it legal? but is it legal? we debate the topic. my dad has aor afib.brillation, he has the most common kind... ...it's not caused by a heart valve problem. dad, it says your afib puts you at 5 times greater risk of a stroke. that's why i take my warfarin every day. but it looks like maybe we should ask your doctor about pradaxa. in a clinical trial, pradaxa® (dabigatran etexilate mesylate)... ...was proven superior to warfarin at reducing the risk of stroke. and unlike warfarin, with no regular blood tests or dietary restrictions. hey thanks for calling my doctor. sure. pradaxa is not for people with artificial heart valves. don't stop taking pradaxa without talking to your doctor. stopping increases your risk of stroke. ask your doctor if you need to stop pradaxa before surgery or a medical or dental procedure. pradaxa can cause serious, sometimes fatal, bleeding. don't take pradaxa if you have abnormal bleeding or have ha

. >>> the government can move forward with the lawsuit begins disgraced cyclist lance armstrong. a federal why denied a request from armstrong's lawyers to dismiss the case today. lawsuit is seeking hundred million-dollar in damages on behalf of the u.s. postal service and u.s. ps sponsored armstrong's team, from 1998 until 2004. >>> the phillies may be the hottest team in the national league and they are looking for yet another victory tonight. >> what a difference a few days, and a few weeks make. couple weeks ago we were writing them off. tonight we are cautiously optimistic. phillies won eight of last ten games heading into tonight's game in st. louis. cliff lee throws a bull pen session prior to the game. he is still feeling something in his pitching elbow but hopes to return before the all-star break. fifty minute rain delay to start. phillies down a run, aj burnett, gets it. couple more biscuits for breakfast that might have been gone. marlon byrd, he tags garcia's offering. his 12th of the season. right now they lead five-one. we're in the eighth inning. >>> chip kelly ha

. >> coming up today lance armstrong back in the news hour of legal panel tackles the latest lawsuitxpayer dollars. also the new way to fight fraud in realtime. one step ahead of identity steve. >> and celebrity chef has some tips for the barbecue. the wallace report starts right now. gerri: we begin with a new warning about the housing market is the bubble about to burst again? new figures

. >> coming up today lance armstrong back in the news hour of legal panel tackles the latest lawsuitlving tens of millions of taxpayer dollars. also the new way to fight fraud in realtime. one step ahead of identity steve. >> and celebrity chef has some tips for the barbecue. the wallace report starts right now. gerri: we begin with a new warning about the housing market is the bubble about to burst again? new figures

lance armstrong couldn't a marine who jumped on a and marine who jumped on a grenade to save a comrade received the congressional medal of honor from president obama. the nation's highest military honor went to kyle carpenter of jackson, mississippi. it was in november of 20-10 in afghanistan that carpenter jumped on a live grenade during a firefight with the taliban. he lost an eye and most of his jaw. he said he accepts the honor for other service personnel who have been injured... and especially for those who died. >> award for those who have been wounded on distant land and who continue to fight. through long and difficult days of recovery here at home. and to those who have given all and to their families. i could never express in words what you mean to this nation that you so selfishly and gracefully gave. >>at first, medics thought carpenter was dead. now, he runs marathons... goes skydiving... and takes classes at the university of south carolina. here are a few stories trending online. at the world cup in the uruguay defeated england, two to one, with two goals from luis suare

you know, lance armstrong set the bar so high, in terms of scandal with steroid. melissa: or low, depending how you're looking at it. >> or low. this doesn't even come near that. this is by the way as we were talking about i don't think they will nail him on anything. just based on what i know, what is out there he did not commit insider trading. >> anybody that follows golf, how could you not love him? melissa: he has a bit of a gambling past. knowing that -- >> so did bill bennett. look at virtues guy. bill bennett went to vegas all the time, didn't he? melissa: people are saying phil mickelson's squeaky-clean image. i don't know what game they have been watching. >> he cheated at golf? melissa: no but. >> if there is not smoking gun evidence, incider trading, people from outside of the invest world think it a very cut and dry case with every everyone but it is really not. there is lot of gray area what constitutes material information and what constitutes non-public information. >> a lot of stuff goes down on the golf course. melissa: really? >> kp move g, as f

. >>> a federal judge denied lance armstrong's request to dismiss a fraud lawsuit that the u.s.led against him. the government filed the suit on behalf of the u.s. postal service which sponsored the cyclist's team.ç the judge said armstrong sponsorship agreement when he cheated to win the tour de france by using performance-enhancing drugs. >>> now your nbc 10 first alert weather with meteorologist bill henley. >> here it is, the last day of spring. it will be a beautiful day today. we're starting off cooler and more comfortable, too. the humidity way down, 58%. 10 degrees cooler this morning. we're at 63 degrees in philadelphia with sunshine. this is the view from the comcast center in center city. and the view from the marquis de lafayette hotel at the jersey shore. no sign of any showers today. and much more comfortable this morning. 50s for pottstown, doylestown and trenton. wamer in philadelphia. philadelphia international, it is 63 degrees. it's in the upper 50s in rocksboro. in south philadelphia, 66 right now for delaware river trail and 65 degrees at 5th and wharton. t

their silence and expose the doping culture in cycling ultimately played a critical role in lance armstrong'son. now landis and the government are suing armstrong for nearly $100 million. i'm graham bensinger, and this is "in depth." >>> floyd landis, the first tour de france winner in the race's history to have his title stripped away. >> at that point i hadn't

. >> coming up today lance armstrong back in the news hour of legal panel tackles the latest lawsuit of millions of taxpayer dollars. also the new way to fight fraud in realtime. one step ahead of identity steve. >> and celebrity chef has some tips for the barbecue. the wallace report starts right now. gerri: we begin with a new warning about the housing market is the bubble about to burst again? new figures

. >>> 5:20, lance armstrong will be forced to testify under oath today about his use of performance enhancing drugs. armstrong will give videotape testimony about what he did or did not use when he won the tour de france seven times. suing the cyclist for $12 million it paid in performance bonuses. last year armstrong gave sworn testimony and it provided the names of the people he says helped in his doping. >>> how's this for living on the edge. take a look at what's happening on a lake in texas. foundation barely keeping this home from tumbling into the water below. you can see straight into the bedrooms. the ceiling fans still spinning. luckily no one was living at the home at the time that this started to collapse. but the home was condemned months ago. the cliff below has been deterrierating ever since. >>> check this out, an elderly driver has a medical emergency and smashed right into a gas pump in new york city. the other driver just manages to get out of the way in the nick of time. he happened to be an off-duty police officer so he rushed back to the disaster to pull the ederly drive

they still catch cheaters, as the lance armstrong solder a couple of years ago was unpleasant for everybody, certainly the cancer community and the rest of us. it was a sport strategy on many levels. it is also good that we caught him and he was brought to justice. if you think about it, the limbic started -- the olympics started that in 1972 and there are still cheaters in the elliptic. baseball started in 1984 was up -- started in 2004. baseball is 30 years behind the old games. if we look at the olympics as our guide -- and i'm sorry for throwing cold water on the conversation, but if we look at the olympics as our guide, we know that at times are ahead. -- bad times are ahead. the bad chemist will try to stay ahead of the good chemist. i do think there will be designer drugs and new ways to do things and new ways to deal with genes. and when there is so much money out there, and there is way more money in baseball than the olympics, michael phelps would just be an average employee in the baseball locker room with his salary. there is so much money in baseball. my sense is that they are

also nowadays lance armstrong's biggest enemies are dressed in pinstripes. stay in the loop. >> you're watching in the loop live on bloomberg television, streaming on your phone, and bloomberg.com. it is 26 minutes past the hour, which means bloomberg television is on the markets. equity futures are mixed right now. some nervousness here in the markets among investors who are not only worried about valuation but they are also -- there are also concerns about some of the overseas.ng particularly iraq, growing violence there as insurgents in iraq burying cities and are advancing onto the capital of baghdad. we're keeping our eyes on oil. isde is readying -- crude heading for its biggest weekly jump. you are watching a live shot of secretary of state john kerry speaking in london at a news conference about the state of iraq. south aming has spread aware an estimated three quarters of iraq's output comes from. you can go online if you want to hear what secretary kerry has to say about the situation. --celine buying a restaurant $103 per shares, talk about valuat

plus, lance armstrong probably wishes he could jump on his bike and pedal away.nother major lawsuit. ♪ >> you are watching "in the loop. good morning. here's a look at our top headlines. carmax reported first-quarter earnings that exceeded estimates. they sell used cars and earned 76 cents per share. they also bought back 3.8 million shares for $174 million. atlantic city casino is pushing for a buyer. it has applied for bankruptcy. they opened in 2007 at $2.6 billion. they filed for bankruptcy in march of the following year. the casino may be forced to close for good if it fails to attract a buyer. they wrote a letter to employees. a $120rmstrong will face million fraud lawsuit. he is accused of defrauding the u.s. government by using performance-enhancing drugs. a judge rejected his bid to have the case dismissed. the claims made by his former teammates will let the lawsuit continue. the hour,inutes past which means that we are on the markets. you can see that we are building on the record gains that we have hit. we have basically seen a five-day winning streak

listen, again, like many, i was a huge lance armstrong fan. i still in many ways remain so. >> i do, too. >> it's sad the way it shook down. you wonder if the legal bills for this case are going to be larger than any sum of money that the post office outlaid to the armstrong team. the little bells will be -- i'm making the mope up, $50 million to fight a $10 million case. >> do we know how much money he has left? >> no idea. >> and will he ever come back? >> come back to what? >> will this country reembrace him? >> i think there are people that never left him. whatever he did, he -- you know -- >> i used to watch him religiously. some people don't think it's sad. they really hate him. >>> when we come back, the bulls on the loose. big streaks for the dow and the s&p 500. but will it be a summer of love for the markets? pimco's deputy chief investment officer is on his way to the set with the outlook. that is after this. >>> right now, as we head to a break, take a look at yesterday's winners & losers. when you run a business, you can't settle

lance armstrong accused of unlawfully taking drugs. i mean why do we think matters of list a fall within those words outside the words other peaceful purpose even though they are unlawful and by the way did anyone say to the drafters of the convention i found nothing in this brief on the point or did anyone tell congress that poison potatoes drug enhancing performance-enhancing drugs, page examples of justice alito used last time to get vinegar to a goldfish i mean these are all chemicals not in the act -- an ex-. they're absolutely nothing to do with chemical weapons and why do we think we have to get eon that fact? >> that's a very important point here that gets to the heart of what the national interest is in this case with respect to this implementing legislation. the harm adheres in the process of line drawing. the petitioners asking as a rule under constitutional law statutory construction is that courts on a case-by-case basis after-the-fact that ad hoc judgments. >> there's an easy way out of that. the chemicals involved in the

asy still catch cheaters, the lance armstrong solder a couple of years ago was unpleasant for everybody, certainly the cancer community and the rest of us. it was a sport strategy on many levels. it is also good that we caught him and he was brought to justice. if you think about it, the limbic started -- the olympics started that in 1972 and there are still cheaters in the elliptic. baseball started in 1984 was up -- started in 2004. baseball is 30 years behind the old games. if we look at the olympics as our guide -- and i'm sorry for throwing cold water on the conversation, but if we look at the olympics as our guide, we know that at times are ahead. -- bad times are ahead. the bad chemist will try to stay ahead of the good chemist. i do think there will be designer drugs and new ways to do things and new ways to deal with genes. and when there is so much money out there, and there is way more money in baseball than the olympics, michael phelps would just be an average employee in the baseball locker room with his salary. inre is so much money baseball. my sense is that they are look

we can all think sadly of athletes, lance armstrong, at least accused of unlawfully taking drugs. i mean, why do we think matters of list a fall within those words, outside the words "other peaceful purpose," even though they're unlawful? and by the way, did anyone say to the drafters of the convention -- i found nothing in this brief on the point -- or did anyone tell congress that poison potatoes, drug-enhancing, performance-enhancing drugs, the example that justice alito used last time, you give vinegar to a goldfish -- i mean, these are all chemicals not in the annex, but they are chemicals. and they are absolutely nothing to do with chemical weapons. and why do we think that we have to get beyond that fact? >> this is a very important point here, and it gets i think to the heart of what the national interest is in this case with respect to this treaty and this implementing legislation. and the harm inheres in the process of line drawing. what the petitioner is asking as a rule of either constitutional law or statutory construction is that courts, on a case by case basis, afte

lance armstrong became famous. i wasn't going to mention him actually for ironman.for surfing. people know who he is. by it's hard. >> the x games guys. >> who is the guy -- >> shaun white. >> what's the guy on the skateboard? >> tony hawk. an tkraourbdre andrew, thank you very much for coming in. >> do you have a video game? >> we to the floor a video game. >> you need a video game. >>> boring the new beautiful? what you can expect in the days ahead. "squawk box" will be right back. show 'em the curve. ♪ it's beautiful. it's more than that... ...it's perfect. introducing curved ultra high definition television from samsung. >>> who will take over for house speaker eric cantor? >> more trouble in iraq. we watch oil prices as violence threatens major cities in the region. >>> and "squawk" call going out to the "fast food nation". colonel sanders better look out. pieeye's making a serious challenge in the fry chicken game. the second hour of "squawk box" begins right now. >>> good morning and welcome to "squawk box". i'm joe kernen along with becky quick and andrew ro

if you're going to say lance armstrong, you used illegal drugs, you used federal money in the postal system, i want that money back. what about these guys and these women, what about firing them and putting them on trial? that is the only thing that will stop them, in my humble opinion. >> you've got to start at the top. >> that guy's gone. >> i understand that. i'm talking about the system managers. shinseki said he didn't know about it but somebody at the upper management level knew about it. unfortunately, with eric holder, if you ask him can you launch a criminal investigation, remember what happened with the i.r.s. scandal? even before it was released, the findings of the internal audit over there, he says no criminality, not going to do anything there. look for that to be repeated here because otherwise it would be a huge embarrassment. >> we've had expert after expert run government run health care to obamacare and what has happened in the v.a. does this reflect upon what will be happening in obamacare. a new fox news poll here saying will government do better with obamacare t

it's like putting lance armstrong in charge of the d.n.a. . like putting the westboro baptist church in charge of sensitivity training that's that's according vin diesel in his the lead actor in the canterbury tales performed in the original old english rights because that's like putting a boogie man in charge of underpants security you know so i pointed shaving in charge of a children's bake sale to raise money for poet nice with the rest of us live syndrome when they needed the orcas and more legs it's like putting glenn back in as lead funded near at an awkward social gathering clearly is not good with people his best friend is a guy he's never met who sent a poorly worded e-mail it's like it's like that's all i got that stats all the things on earth that are as bad as putting the geo mole loving bumblebee killing sea battening gremlin did learn at the top of the. book monsanto is just the tip of the iceberg let's get into the rest coming to you from washington days. hey the belly of the basis is redacted tonight. well under exacted not. do