yo, yo, yo, yo, yo, yo >> ♪ if i were a rich man... ♪ all day long, champaign and caviar ♪ all day longg in row f, seat number 4, when the curtain opened and jean val jean started singing. ♪ what have i done, sweet jesus? what have i done? ♪ become a thieve in the night become a dog on the run ♪ and have i fallen so far and is the hour so late ♪ nothing remains but the cry of my hate ♪ the cries in the night that no body hears ♪ here as i stand at the turning of the years ♪ if there's another way to go i missed it 20 long years ago ♪ my life was a war that could never be won ♪ they gave me a number and murdered val jan ♪ when they chained me and left me for dead ♪ just for stealing a mouthful of bread ♪ ♪ yet why did i allow that man to touch my soul and teach me love? ♪ he treated me like any other he gave me his trust ♪ he called me brother my life he claims for god above ♪ can such things be, for i had come to hate the world ♪ this world that always hated me ♪ take an eye for an eye turn your heart into stone ♪ this is all i have lived for this is all i have known. i was stunned and

yo, yo, yo, yo, yo, yo >> ♪ if i were a rich man... ♪ all day long, champaign and caviar ♪ all day longg in row f, seat number 4, when the curtain opened and jean val jean started singing. ♪ what have i done, sweet jesus? what have i done? ♪ become a thieve in the night become a dog on the run ♪ and have i fallen so far and is the hour so late ♪ nothing remains but the cry of my hate ♪ the cries in the night that no body hears ♪ here as i stand at the turning of the years ♪ if there's another way to go i missed it 20 long years ago ♪ my life was a war that could never be won ♪ they gave me a number and murdered val jan ♪ when they chained me and left me for dead ♪ just for stealing a mouthful of bread ♪ ♪ yet why did i allow that man to touch my soul and teach me love? ♪ he treated me like any other he gave me his trust ♪ he called me brother my life he claims for god above ♪ can such things be, for i had come to hate the world ♪ this world that always hated me ♪ take an eye for an eye turn your heart into stone ♪ this is all i have lived for this is all i have known. i was stunned and

i don't get long to about 11.30. that's when i start losing money. >> hang on, the judge can hold me in contempt. these are two wildly different strategies. dan is very meat and potatoes. mike is a one by two. more fancy schmancy french food. >> you also get the ding-ding, scott. you're pulling a kanye here, scott. >> i know dan was hoping i wouldn't come back from vacation, but guess what? i'm back. i think scott's point absolutely valid. i love both of these trades for very different investors. i think dan's trade -- you're implying a 30% probability below 14. if you like that kind of payoff, i like dan's. you know your risk and your reward. mike is definitely a bit more complicated. but i do like the longer tape there. >> what's the bottom line, judge? >> it's a draw. i like them both but they're very different. >> it's like kissing my sister, stacy. go back on vacation. >> options action@cnbc.com. coming up next, losing never feels good, but by using the right options strategy, you can actually limit your losses.

i feel i have owned it for that long. i think he's dead right.play on transactions and on paper going to plastic. so i mean, visa and apple are two i would buy more of on the way down. again, now, you can say jim you're just me tooing mr. robertson, and i would say you bet i am. >> i want to put up his name. it was funny he said i'm not as bezerk stocks as i am shorting bonds. that's what he's doing. >> we feel exactly the same. honestly, the 30-year treasury, i don't care how well these seven-year auctions are doing. you got to sell that if you're in it for safety. you're getting no yield. it's a dangerous piece of paper, and there are cds. and a cd gives you almost 2%. and then we can look at it 18 months from now. we don't have to make the bet mr. robertson is making rtion but we have to adhere to the principle that that fretreasury a really dangerous piece of paper. >> so a year ago we had visa buy, apple, google. mastercard. the worst of them is up 43%. >> i still like google. i think that's a great cyclical turn. >> you liked apple, masterc

we came a long way from where we were last year. we're still significantly below in percentage terms where we were 12 months ago. what would we see. the question we always ask is, it's not about where are you right, but where are you wrong. if we're wrong in the bullish end of september, we'll watch the bond market to see if it catches an aggressive bid. global markets, china, india, russia, europe, stop outperforming, technology, stops outperforming. none of these things are happening. if we start to see those signs, we'll reverse our trajectory pretty quickly. in fact, the right now the times are still to the top side. >> you want to end here on wheat. you talked about gold and silver. >> what's fascinating about this is so many bubbles last year that burst are starting to recover. there's one sector of the market that's not recovering. you had bubbles and bubbles have burst. this is an area like the wheat market, which is still very bearish. it's interesting, we had big moves in wheat, in the '70s, '90s. both times they corrected

good karma will go a long way. >> a long way to go together. ron mott, nk8um news, georgia. >>> on the money tonight, some important new numbers to watch this week that could determine whether wall street continues the rally, which has kept the dow soang up nearly 50% from its marlch lows. what are the key in numbers to watch sharon? >> this week the markets will focus on a number of economic reports, the most closely watched on friday with the labor department september employment report. investors are very concerned about job losses because of the impact on the economy and particularly on consumer spending. the unemployment rate hit 9.7% in august and is expected to tick up closer to 10% this month. but the good news is the pace of job losses has been declining. 741,000 jobs were lost in january of this year, compared to 216,000 in august. now, economists forecast the job losses will in come in under 200,000 for september. on the home front a widely watched price index comes out on tuesday and may offer another sign of recovery, but if it sh

a good punch there by jake long. play action fake.nnington did a nice job of reading the coverage, getting the ball on the out route. >> mike: receiver went out of bounds. clock is stopped. 50 seconds left. now pennington got to get up and get moving.d this is the slowest two-minute drill i've ever seen. now the clock here on first down. guy, i don't know. that's -- >> jon: there's 36 seconds lef. you have no time-outs. you are going to have to push the football out. you are going to have to push the ball and be ready to clock it. run down there and kill it. very important that you preview these situations. pennington knows he can't talk a sack in this situation. but you got to get out of pou bounds, got to be prepared to clock it and you got to remember it's second down. >> ron: however the colts understand, you play thets boundary, got a chance to get down the middle. looks like they get into it again. you pay get an opportunity down the middle of the field. >> mike: there's pennington looking deep. it's covered. throws down field t

may have been long planned but the message is unmistakable. iran is not about to cave to international pressure. this missile puts israel easily within range. iran also said that they tested their other long-range missile for the first time. all quite routine according to the iranian government. their foreign ministry spokesman said that the test was purely defensive. he insisted that there was no connection whatsoever with the nuclear program. the nightmare scenario for their opponents is a nuclear bomb on top of a long-range missile. the latest missile 10th of already provoked expressions of concern from the policy chief. above all, this is an exercise in deterrence in case the current crisis spirals into a real attack on the islamic republic. >> what do these tests mean for those talks in geneva? >> clearly they want to see these tested before they go into the talks. pressure is building up. the american press are now printing a lot of detail about the sanctions they would like to have on the table. so, for its side, iran is showing tough,

, the most long-range planning, the least amount

and it's our view that they're searching out managers such as us who have a long-term record and a long-term strategy for investing in terrific compounding businesses. >> and beyond looking long term, what are your screens in terms of investing? how do you pick stocks, how do you pick areas that will be long-term performers for you? give us your screens. >> well, great. you know, i mean, our first piece of the screen is we look for a very high return businesses, and that through our research, we believe are going to continue to be high return businesses. that is, their economic mode is durable. and we've learned a lot in the last few years about how modes change in size and scale. so we call that the first leg of our three-legged stool. the second leg is we look for managers that have a terrific record running those businesses. and who make sure that what's happening at the company level is also happening at a per-share level. and thirdly, we look for businesses where the opportunity to reinvest their excess capital at attractive high rates of return also exists. we just won't pay very much

in the long run, though, i think they have a serious problem of legitimacy because, as long as the elections are considered rigged, the last elections, that means the democratic aspect of the republican is no longer there. so that's been very important for legitimacy for the last 30 years. so if people feel there is really no more popular participation in politics, it's going to really question the whole legitimacy. >> and a few months back, the authorities seemed to be divided about how to deal with the protesters. what is the situation now? >> there are die-hards, like ahmadinejad would like to have arrest more people and be very tough with the opposition leaders, the very top leaders. but there is also, i think, resistance within the regime especially at the supreme leader's level that he wouldn't want to actually bring the top leaders of the opposition to trial. it's one thing arresting people around them, but to actually arrest mousavi and put them on trial would be very serious. >> talk about iran's nuclear program. united states has given iran until the end of the month to come to the

you got long at a certain level. unfortunately, i will tell you this, the stock has a history on these gap lowers on earnings misses going a lot lower afterwards over the next month or so. i think you got to be really, really careful here and i think you may want to think about taking that put off. you leave that call out there because it's not worth a whole heck of a lot and you learn that for free but the stock has potential to go lower here and you really have to be careful on this one. you just don't want any more downsize. >> is that what you would do, dan or roll the quick spread? >> one of the things he points out is the new date yes with have on rimm. i wasn't supportive of the trade itself. i have a little bit of the blame. i did like it because it did inflate. you can make a bullish bet but it turned out you wouldn't lose as much as if you bought the stock. couldn't be a whole lot more wrong than we were with rimm. we have new data. it's not looking that great. stock doesn't have a great track record in the

they should be made illegal a long time ago. a lot of the legislation would still enable and sanction or enable companies to continue to shift more and more of the cost of health care to us. the so-called premiums might be more affordable comparatively but we would pay more out of our own pocket for coverage. the goal of making sure that no one has to file for bankruptcy because of medical bills is a pipe dream with the kind of legislation we see right now. >> wendell potter, thank you very much for coming on the show tonight, sir. >> thank you, rachel. >> last weekend in washington the conservative place to be was the oddly ill focused tea party held on the occasion of the 9/11 anniversary. now to be remembered forever in journalism school textbooks for this scene of an associate producer at fox news rallying the crowd so the network could show images of a crowd that looked rallied. this weekend in washington the conservative place to be was the value voters summit where the crowd was told pornography makes you gay. i would nev

too many people are long on gold. they don't understand what they're long on gold is heavily short of the u.s. dollar. i've been buying gold in sterling times, buying gold in euro terms. prying to hedge away the risk of the dollar involved. actually they can do that trade relatively easily. you can buy dlg and sell the british pound sterling and fxe. when you do that in equal dollar amounts, you make yourself long gold in sterling terms and long gold in euro terms. although gold is down $20 in terms of dollars, it's actually up over the course of the past two weeks in terms of the other currencies. >> dennis, we have to leave it there. thank you as always for your time. >>> time for the "fast money" poll of the day. tonight, we ask you, will the dow hit 10,000 this week? a, yes. or, b, no. once again, a binary poll. >> mail-in poll. >> logon to fastmoney.cnbc.com. >> you can always vote c and writing some in. >> or say it wasn't an exhilarating poll. we're looking for something else for you. >> a poll on a poll. >> i'

then i get long at 32.50. i'm willing to draw a line in the sand that the stock isn't going down 17%. >> ding, ding, ding. mike, you're up. you have never trade? >> i like a lot what he's doing here. i still feel like i want to give myself a little bit more down side protection. i'm going to do the same trade he did but i'm going to buy the 32.50 put because it's offered at a dime. i have much of the same reward and i'm only going to pay an extra dime. to protect myself to the down side. the max loss is 35 cents. versus the same thing that you have long in the stock. not that i think it's going to do it but the insurance is cheap enough that you might as well buy it. >> okay, scott, you are the judge in this bout. what say you? >> you know, i usually hate to be short options in september and october, but there's a reason that options -- when options are really cheap, there's a reason for that. and for that reason, i just don't want to pay a dime for that way out of the money put. >> a dime? >> and there's only

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long gone daddy is the name of the song. >> long gone daddy, yes sir.here we go. [ applause ] ♪ cinema called all you want to do is sit around and pout ♪ ♪ now i've got enough that i'm checking out trent lott i'm leaving now ♪ ♪ i'm leaving town ♪ well i'm out long gone daddy ♪ i don't need you anyhow ♪ well i've been in the doghouse so doug on long ♪ ♪ in the kitchen i think there's something wrong ♪ ♪ i'm leaving now ♪ i'm leaving town ♪ well, long gone daddy ♪ i don't need you anyhow ♪ here we go. ♪ ♪ cinema called a go buy myself a gal that wants to treat me right then when you get your supplement that wants to fuss and fight them on leaving town ♪ ♪ i'm leaving now ♪ because i'm a long gone daddy ♪ don't you need you anyhow ♪ well at every stop ♪ never had to label my top ♪ i'm leaving town, i'm leaving now ♪ ♪ i'm a long gone daddy ♪ i don't need to anyhow. ♪, long gone daddy i don't need you anyhow ♪ [ applause ] >> mike: george jones! thank you george. by the way i know something about you. this is not just any day, this is your birthday. and we

to avoid long term injury seek immediate medical help for an erection lasting more than 4 hours. if you have any sudden decrease or loss in hearing or vision stop taking cialis and call your doctor right away. (announcer) 36-hour cialis. or cialis for daily use. ask your doctor about cialis today, so when the moment is right, you can be ready. >> eric: the san francisco zoo the sign may say don't feed the bears but doesn't say you can't join them for lunch at the zoo and cops say, get this, a visitor actually crawled inside the grizzly bear exhibit and amazingly the visitor was not hurt though paramedics took him to the hospital to get him checked out and are not identifying who he is or why he did that and zoo officials fired warning shots to keep the bears away from him when he was inside the enclosure and the bears are fine and the zoo is trying to figure out how wide -- and why the man would do that and jump over the fence and sadly, two years ago, on christmas, a 17-year-old zoo visitor was killed, by a tiger and in that case the tiger jumped over the fence at that visitor.

>> well, clearly there's a long time cllenge.think the more employers begin to appreciate the importance of flexibility to helphem do their workhe quicker we're gog to see this change. think the real challenge is going to be what i the economy evolving into what other kinds of jobs that are gng to be avaible her and thin that, what ithe opportunity for older workerso continue tbe in the workforce. there's n questio as that seentndicated, that for individuals andamilies, it's essentl that workers continue to work bond the pverbial 62 yearsf age. anin fact studies have shown if you even work fiveears more, yo savingsan increase by 50%. >> bonnie: did you s claims of dcrimination growi while you were -- >> age >> bonnie: of age discriminion going while you were at the ec? >> well actlly, while ias at the eeoc and subsequent to my departure they h skyrocket. eyad over 100,000harges last year and about 25% of those were age related. it's a he spike. lots of restructuring when the econo is down. charges go up. a lot of the restructung,

you can be long american eagle, long aeropostale. >> definitely some pessimism when it comes to markettion. certain stocks. yesterday, we asked all of you out there whether or not the dow would reach 10,000. 47% said no, 53% said yes. >>. ♪ any day now >> i was thinking of that song when i said that. >> down at the end of the desk there, joe, you have switched your position on gold? >> i haven't switched but there is a deflection once again. i've been a gold long. i've maintained my gold position in the futures market. i've gotten off that train. we are unable to take out the bear stearns high from early 2008. the market right now looks like it wants to pull back a little bit. if you get gold below 1,000, you are going to have a shakeout in the market. also take a look at the copper futures market. this is a great tell on the global economy. it is clearly when you talk about copper, it is the thermometer for the global economy. and copper right now can't get the three handle back on it right now. today again, lower again. that's why i'm very cautious right now about where we sit in the

melissa long, cnn, atlanta.had to sit on a bench during the middle of a game due to diabetes it would frustrate me. in a basketball game a couple minutes could mean a big momentum shift. my bayer meter is very important. (announcer) only bayer's contour meter has programmable personal high low settings. it allows me to be able to look at my highs and lows to make sure that my diabetes is being controlled as tightly as possible. with my bayer meter i don't miss valuable game time. i'm alana burns and staying in the game is my simple win. (announcer) the contour meter, only from bayer. >>> we have new information to share with you in the case of the yale university graduate student who we learned earlier today from new haven police there has been an arrest made. they do have a suspect in custody. raymond clark iii who was a lab technician at yale. that is the news of the morning. we are also able to give a little bit more context here because a reporter is joining us. we understand you were able to speak with the

i spent a long time researching and writing it. i had to tell the same thing in nine pages, but you do not just cut. you have to say the same thing in nine pages that you set in 36 pages. all this took enormous amounts of time. i have been very lucky. my editor is a great editor. he helps you to shape a book. he has a great sense of pace and a narrative. when you have gone off the track, he has a wonderful way to pull you back. he does not edit -- he is not a line editor. he will suggest changes in tone, but he makes you do it yourself. >> i am going to go to page 287 of your book. i do not know how much we can do but i will read back to you and stop periodically to ask questions about what we are reading to get a sense of your narrative this is chapter 46 let me briefly ask you what you call this "dazzling the monarch?" >> of the bureaucracy was built up so great that it was impossible to get the thing moving. he had to go to 42 different people to get clearances for what he wanted. it was a hassle just to buy an air conditioning

al those are long-term resource things. the problem in a political environment is those are near term cost for long-term gains that you're unlikely to see the benefit of in a four-year presidential cycle. and so advocating and getting somebody to spend the resources in an environment is very, very hard. and so that frustrates me. i think we have made -- we made some progress against nuclear terrorism. but i'd be kidding you -- you can't have made enough to be comfortable. and i'm not. and when you see the things like the missile launch in iran, the public dispoa sure of the proliferation program in iran that was clearly not an energy program and you understand the threat to not just israel but to the entire statement of the region, i really worry about that. i really worry because iran is the largest single state sponsor of terrorism in hezbollah about their nuclear program. again, this is -- i worry about it now. but i worry about it because the potential consequences are to my children. and i think more needs to be done o

long. >> teef. >> disney. my daughter emily loves miley cyrus. >> and again the news of the hour, ceo ken lewis of bank of america is stepping down at the end of the year. stay tuned to cnbc throughout the night and we'll bring you the latest developments. i'm melissa lee. thank you so much for watching. see you back here tomorrow 5:00 p.m. eastern time for more "fast money" on cnbc. we're first in business worldwide. >> announcer: tomorrow, guy's charged up with a buy and hold play. terranova's burning energy for slow money. and facing q4. will it be another green season? the charts tell all. "fast money," 5:00 eastern tomorrow on cnbc. first in business worldwide. as you can see, this isn't your typical midwestern farm. the reason lies six thousand miles away... in japan, where a producer of specialty eggs needed corn for feed... grown to precise standards. cargill identified the producer's needs, then introduced an illinois farmer to grow the exact corn needed... and developed a system to ship it separately

overall long term. and actually, larry, you are looking at distress situations. >> i hate to say it. no one likes to say it, but we are countercyclical. >> are you finding a lot of distressed situations? >> macy's, bed and bath. i'm seeing great opportunities to buy businesses public and private at a discount to assets. >> you think you'll be able to put the investments in there and rehabilitate these companies? >> we want to resurrect. >> where is distress as opposed to retail? >> real estate. unemployment, look at mortgage numbers. i think it's consumer, retail. with fourth quarter upon us, i think the real question is how about china? always look at china as an indicator. isn't china the industrial revolution and the new global economy? let's see if their economy is trending up. >> the problem with that, china is a cyclical market player. you don't like cyclical. would you be putting money into china? >> no. >> he's looking at growth. >> china is a manufacturing base, but this year china has proven i

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i think it will in the long run. >> mr. saunders, real quick on the regulatory reform that we're going to see, what are your thoughts on the reform on the table so far? obviously government playing an unprecedented role in business today. we could have a consumer protection agency. what are your thoughts on that? >> i think that there were a lot of things that needed to be addressed. i had thought that they were addressed in udep, but they are in the cardec. as far as a consumer agency, i think that the government is going to do what they think they need to to protect consumers. and i hope and believe that there will be a dialog that will make that an effective oversight matter. >> are there drawbacks to a consumer agency? >> there's a drawback in my opinion to overregulation, period. >> mr. saupders, good to have you on the program. >> thank you very much. >> we so appreciate it. joseph saunders chairman and ceo at visa. >>> we've got the kotick, "tick by tick. "we'll take a look at what the charts say about this rally sus

"the blitz" starts every sunday, goes all day long.hlights and analysis from our panel of experts. >> coming up in top stories, a fresh look at the j-hem tuesday night at yankee stadium. blue jays and yankees, not working and playing well with others. detailed just ahead. vodka. some men believe substance is style. some men refuse to drink their vodka out of delicately painted perfume bottles. inspired by three-hundred years of tradition. ketel one please drink responsibly. proclaims "gq" magazine. did you see that? the interior "positively oozes class," raves "car magazine." "slick and sensuous," boasts "the washington times." "the most striking vw in recent memory," declares-- okay, i get it already. i think we were in a car commercial. ♪ yeah ♪ yeah. >> on tuesday's edition of shaq versus he took on michael phelps in a speedo. shaq swimming 50-yard, phelps swimming 75, and phelps nicks him. so give the nod to the champion. >> he did win the cannonball contest. >> chief coach says it's too early to know if matt cassel with miss the h

forget about 5-19, iowa state, that's a long time ago.s young guy right here, we talked about ball security. i thought he would get stripped because he hands that football out but it did come down to ball security with the interceptions and the sloppiness. >> mark: auburn has been extr e extremely opportunistic on jarrett brown turnovers. leading by 11. "gq" magazine. did you see that? the interior "positively oozes class," raves "car magazine." "slick and sensuous," boasts "the washington times." "the most striking vw in recent memory," declares-- okay, i get it already. i think we were in a car commercial. ♪ yeah ♪ yeah. >> mark: well, the old saying goes that rereng is a dish best served coal. this one tonight has been served cold and wet. so far by the auburn tigers leading 41-30. i'm mark jones along with bob davie here at jordan-hare stadium on a night where we got off the kickoff an hour late because of severe weather in the area. and west virginia mountaineer fans looking downcast. >> bob: thinking about that long drive home but w

baucus plan has mandates, that is fine as long as it is affordable. you can't require everyone to pay for insurance it is not affordable. >> mike what do you think? the reports say that this baucus plan lacks a government-run insurance option favored by the democrats and they say the plan would tax the most expensive health insurance plans. how do you see it? >> well, lack of government option but the government is involved in every other aspect of the delivery of health care in this proposal from the design of what the plans have to offer down to very, very specific levels of detail to how much they can charge actuarially and to whom. you read through this 18-page outline and the recuring thought i had was who do these people think they are they think they are so smart they can micromanage 16% of our economy. it is mind boggling this proposal, is the most conservative of the five out there. >> do you think this will gain republican support or no? >> i can't imagine that it -- it might get senator snowe. i wouldn't rule her turning against it as well.

stock for a long call.rotect up to a 7.5 run -- >> jared, what's the implied ball on this stock and what would it cost a trader out there? >> it's expensive. that's why on the flip side, it would be more -- to sell a call. if the stock moves, that implied volatility is mitigated. >> for all those people looking to get into apple, 173. what's the next stop for the stock? >> as long as we can hold 168, 167, near term -- >> what's near term? >> the next couple of weeks. then i think we can make a run towards 185, 190. >> we made the point on the desk last night that apple's the kind of stock that needs the entire market to run to keep running. today, we have some bullish calls out there. is that the sense you're getting from the traders on the trading floor this week as people are coming back in? >> absolutely. i think, too, a lot of techs are pointing to a bullish push. we're also only three weeks away from the quarter. i think window dressing will be on the rise. there's a lot in store for us. >> want to ask

i hear that and don't want to look at these guys for a long, long time until i know what's going on. is that a right way to look at it? >> that's certainly a risk aversive way of looking at it. i don't think that's new. here we are with a group of stocks that basically, these aren't going away. they are going to have some kind of material role to play. on average, we're still below trough evaluation models. united health care, large cap, liquid stop. it's probably going to work higher from here with some kind of reform that doesn't kill these guys, which is the way we're looking. companies like health net becoming a better focused company in the southeast. more regionalized, more package for sale. >> they're going to survive basically. all right. >> let me just pick up on this insurance side because i agree with michelle. not only are they going to take a higher tax which is going to cut into profits, but the idea that they're going to have to figure out how to insure everybody who walks in the door regardless of prior health conditions, regardless of preconditions, now, how are they

>> it replaces a system that will take awhile for the long- range ballistic missiles. he is saying that this will protect us in the short range but we will not look at the long distance capabilities that they will have. i think mike at the nail on the head. if you move the capability out to 2020 instead of 2013, that presupposes that they cannot do anything between now and 2020. we know they work closely with north korea and north korea has been sending up missiles that have long-range capability. they could easily buy one of those missiles and have the capability to more. -- tomorrow. it boggles my mind that we put everything on hold for those years from 2009-2020, 11 years. >> the plan says that the president will not have capability for potential future icbm threats until 2020. this is their own plan. the plan he is scrapping would have provided protection by 2013. it is absolutely absurd for them to say this is a diminishing threat. everyone in their homes watching the news understands the increasing threat that iran represents. they could always buy this technolog

it's very long. and the key that he feels was this support action to back basically the treasury was saying for the money market fund industry, there were $4 trillion. that would have gone into a panic mode. the government knew they had to step in. one of the things that some of my colleagues at morgan stanley, i've got to give them credit, morgan stanley smith barney, they said when the government starts panicking, it's time for investors to stop panicking. that means the government basically said, uh-oh, we've got to back stop the money market mutual fund industry. that was a time for all of us to start getting into emerging markets, and to risk assets. >> we'll leave it there. we have lots of applause going on right below us. >> maria, i came in with the service men and women. i hope that's -- >> the secretary of defense and chief of staff, ringing the bell in honor of the p.o.w./m.i.a. recognition day. that's why you have the applause on the floor of the nyse. >> it's good to pay recognition to o

. ♪ how long... ♪ how long ♪ yeah, you can. now you can get the gat taste of new...grilled chicken for just $1.99. the new kentucky grilled chicken value box. >> mike: arizona doesn't have a first down yet. but tied with iowa at 37. courtesy of the interception return. o'meara and spievey are deep to return the kick-off from zendejas. spievey won't bring it out of the end zone. that wasn't a good p decision as he's short of the 13th by robert golden. tonight an abc saturday night football. colt mccoy and texas longhorns looking for pay back from the texas tech red raiders. texas tech and texas on abc, "saturday night football" presented by southwest airlines tonight at 8:00. >> craig: that's a challenge for text defense to cover up defense, particularly colt mccoy's legs and his running ability. >> mike: robinson is back in as the iowa running back. nice hole straight up the middle. robinson, at the 30 yard line. telly, from outside of the linebacker made the tackle. even so far with the all-american candidate not in the line-up. this week, iowa offensive line. >> cr

that's a long way from a government takeover. and what about the claims that health reform will cut medicare benefits? "false" says the non-partisan factcheck.org... health reform maintains and even expands benefits for seniors and focuses on preventing illness before it strikes. our health care is too important for scare tactics, you deserve the truth. learn more at the factsaboutreform.org tonch . >>> tonight, president obama on race. he wants to be talking about health care. ever since south carolina congressman joe wilson called him a liar during his health care speech to congress and then former president jimmy carter charged racism and then bill cosby agreed and joe wilson denied it and then rush limbaugh weighed in, well, you get the idea. today he sat down with five major tv networks including cnn for interviews airing this weekend to talk health care and, yes, race. "raw politics" from joe johns. >> reporter: the president could no long area void talking about it. race. it came up in interview after interview. this one w

it's just the right thing to do. >>> check out a long-term charge.inra has fined ubs and deutsche bank in connection with the ipo. the restitution will contist of the difference between the $17 ipo price and the lower price of vonage stock at the time customers learned they had been granted shares. you can see the -- >> bought at 12, it's not. >> that was at 12. so that's not good. >>> some lawmakers are calling for strict reform, but those on the hill are not the only ones demanding change. richard trumka joins us in a first ahead of his speech from outside the new york stock exchange later on. thank you so much for joining us. give me one specific change to regulation you'd like to see happen. >> one thing, a consumer protection agency that would regulate banks and nonbanks. that's been spread around over four agencies. it's been a habit to them. they haven't been taking care of consumers. that's one important part of regulation because these guys on wall street sure haven't gotten the message. nothing's changed for them. >> mr. trumka, i'm going t

that's a long way from a government takeover. and what about the claims that health reform will cut medicare benefits? "false" says the non-partisan factcheck.org... health reform maintains and even expands benefits for seniors and focuses on preventing illness before it strikes. our health care is too important for scare tactics, you deserve the truth. learn more at the factsaboutreform.org who switched from geico to allstate... saved an average of $473 a year? no way! way. ♪ >>> we're back with the murder of annie le. a suspect as you know, now in custody, raymond clark, a lab technician that worked with le, charged with the killing. he did enter a plea. police have not identified a motive. in fact, here's what they said today. >> the only person really truly knows the motive in this crime is the suspect. what made him do what he did? we may not know until trial. we may never know. >> may never know. as randi okkaye reported before the break, they were trailing him before they found his alleged victim's body. joining us is jame

. >> what is happening is with the use of long lines that can be as long as a hundred miles long, drifts, which can be a 100 miles long, and they trap everything that swims into them. every hook catches a fish, almost. and marine life can no longer contend with that. they cannot keep up. and so what's happened is we're depleting our oceans of the most important resource that we have. >> reporter: sharks are especially at risk. they may seem scary in movies, but they're vital links in the food chain. >> sharks are the number one apex predators. they take the sick, the old, and the non-functional marine life out of the ocean. they cull the ocean. and that's one of the best things about them. and if you take that factor out, imagine all the fish when they get sick or diseased, instead of being cleaned up to where they're not touche they're left to die in the ocean. and sharks take care of that. >> reporter: and tom assures us sharks aren't as dangerous as we think. >> the fact is, sharks don't really bite people in comparison to what happens around the rest of the world. sharks do not eat

>> pat: jimmy clausen throws a beautiful long ball. i mean, he throws a really, really accurate deep ball. talking about those little 12-yard outs. he's throwing it right on the money, 40, 50 yards down the field. >> tom: charlie weis said that to us yesterday. you talk about arm strength. going to review it. 33-yard touchdown strike to golden tate, who held on to it. >> pat: corner blitz. marcus hyde, the strong safety, on him. >> tom: pretty tough catch. >> pat: looked like his right foot was in. he had possession to me. possession, right foot in. i don't think he was bobbling. i think he had it. >> tom: controversial play earlier. >> pat: that's a touch. may have gotten away with a push, though, golden tate. boy, that's -- >> tom: he didn't turn his head around to the ball. >> pat: he's a strong safety, not a corner. you're generally not used to making those plays. it started with a corner blitz. >> referee: after further review. the ruling on the field is confirmed. touchdown. >> tom: there you have it. >> pat: classen up to 282, t

why did it take so long? >> faced with the objective fact that the iranians had been running a secret program and lying about it, faced with a deadline in iran, faced with 9.7% unemployment, where is the president? he is in copenhagen on behalf of mayor daley, trying to get the olympics. greta: let me ask you about this meeting coming up with the security council plus germany about iran. the whole point of it as i understood it was to discuss iran's nuclear weapons program, which they have denied but we know exists. it is non-negotiable. can you tell me the point of this meeting? >> i think unless the united states is prepared to cut off gasoline supplies to iran and basically force the regime into a crisis, there is nothing we are going to do that matters. greta: can we solo on that, or do we need china and russia? >> we can solo on that. if we say there will be no gasoline tankers going into iran -- greta: that is rather provocative. >> that is what john f. kennedy did. greta: it was also a provocative but

pete's been on it for a long time.nd i like these stocks that are going to be impacted by this upgrade cycle. the upgrade, of course, for microsoft operating system 7. so i like sandisk, for instance, sndk. i would like to buy national semi, but unfortunately the chips have really been hot lately. i'm waiting for a little pullback there. >> national semi will be out with earnings after the bell today, right? >> exactly. over the quarter, the stock's up from basically $11.50, pushing $16. that's one heck of a performance in a quarter. and i love the stock. i know the chairman's going to be on "fast money" tonight. but i'm just thinking that i'd rather see a little bit of a flat -- you know, not down action necessarily. i'd just like it to consolidate a little. if we get that, then i'll be more comfortable buying more. other than that, i think these are a names a little extended at this point. that's why i'm waiting for a little pullback. >> two months, we were looking at that chart of national semi, up over the past two

he's a long way from home.metown as mine which makes this all mort personal. >> this place has been attacked. you risk your life to save others. >> the deal is when they need you, for whatever they need you, go. that's it. >> reporter: the go call came january 29th. and there's been no rest for this battlefield surgeon. we're here in one of the trauma bays in the hospital. it's an unusually quiet moment. but i want to give you an ystd the numbers here which give you a reflection of what is happening here in kandahar and afghanistan. on average, they see about 80 patients a month. mainly traumatic patients. april, 100 a movement take a look at august, roughly 230 patients a month. and they think by fall, the numbers will increase even more. u.s. troops, coalition forces, locals, dr. brown treats them all. >> they asked me to help out. they needed four surgeons. they only have three. this is what happens when you have a hospital as busy as this one. >> one of your children was born while deployed? >> yes, sir. >>

>> well i mean long-term, yes. but i'm looking short-term.ou know, i'm narrowing my focus down to three months. if you want to talk long-term, yeah, i do think there's a lot of good, positive signs out there. i think any time the heavy industries are starting to pick up and you see that in the different stocks in those industries, that's a good sign for the future, for the next six months to a year. but short-term right now, i'm just looking very -- actually i'm kind of like in the middle of the road. i can give you, i can make a bullish case or i can make a bearish case. i'm possibly more on the bearish side. >> how do you trade it? >> right now, i stay where i am. i don't do anything, i go back in my booth and look at sports websites. where am i going to go? >> it's a nice way to make a living. >> my fantasy football team is horrible. so i've got to make some trades. >> we're going to leave it there. j.m., what am i going to send you, fruit basket, bottle of wine, cigar? >> all of the above. >> you got it. thanks, guys, thanks for joining u