josh lipman out in california. thank you very, josh. appreciate it. >>> well, your next guest says you have to hold off on the housing hoop la. at least for now. he is concerned that housing may have been taken too much of a back seat off the regulatory radar. >> mickey mouse getting the measles. details on the growing number of disneyland workers who have been diagnosed with the illness and the big question, could it happen to your business? street signs will be right back are. bank of america to help pay for her kids' ice time. before earning 1% cash back everywhere, every time. and 2% back at the grocery store. even before she got 3% back on gas, all with no hoops to jump through. katie used her bankamericard cash rewards credit card to stay warm and toasty during the heat of competition. that's the comfort of rewarding connections. apply online or at a bank of america near you. take aand... exhale...in... aflac! and a gentle wavelike motion... ahhh-ahhhhhh. liberate your spine... ahhh-ahhhhhh...aflac! and reach, toes blossoming... n

as i recall, 2.5 years ago judge lipman in new york on a recusal issue put in a threshold of $2500 for campaign contributions for recusal. has that gone into effect and has any of you kind of looked at it and how is that working? >> slightly different. it's not actually recusal. it is -- it takes place through the assignment system. so if a judge has received more than $2500 contribution -- and the amount differs slightly based on the level of judges. we elect our trial judges in our -- and our immediate -- and our intermediate apple it judges. -- appellate judges. our high court judges are appointed. so if a judge has received that much, the administrative office of the courts automatically assigns the case to a different judge and the judge never even knows that they were potentially getting that case. we are in the process of doing some research on various recusal regimes and trying to figure out ways to assess their effectiveness. but i think it's a very interesting system. it completely removes the discretionary element from the challenge judge. it takes away any sort of, you know

as i recall 2 1/2 years ago judge lipman in new york on a recusal issue put in a threshold of $2500 for campaign contributions for recusal. has that gone into effect and has any of you kind of looked at it and how is that working? >> slightly different. it's not actually recusal. it takes place through the assignment system, so if a judge has received more than $2500 contribution -- and the amount differs slightly based on the level of judges. we elect our trial judges in our intermediate appellate judges and our high court judges are appointed. so if a judge has received that much, the administrative office of the courts automatically assigns the case to a different judge and the judge never even knows that they were potentially getting that case. we are in the process of doing some research on various recusal regimes and trying to figure out ways to assess their effectiveness. so i think it's a very interesting system. it completely removes the discretionary element from the challenge judge. it takes away any sort of, you know appearance that a judge is a judge in their own case and w

you got lipman who thinks you're satan and either bill ackman. >> it's beneath me to discuss the topic- the iconic -- one of the first things that made people think wall street is a bad place was gordon he saw the paper, saw something undervalued and decided, look, we're going to go in here and buddy fox said, why are you doing this? you're wrecking the company. it's wreckble. how are you different in going in here seeing the incentive, change a corporation's strategy to more research -- >> i can help easily. >> sure? >> activist combines to become a fast growing, more efficient, research and development company. a much better company. how do you doe that? market's the indicator of that. it's not a cash transaction. it's a merger right? it's gone from 120 it 210 a share. it's a much better company. canadian pacific, stock is down six years, they did not get goods to the market negative impact on the canadian economy. we put in the greatest railroad ceo of all time keith from -- >> big wins, but you have losses. how do you think about those? >> okay. in the history, we had 30 activist i