i think jerry west is responsible as a great player and architect of all the los angeles lakers' championship teams and a member of our executive board involved in every player-personnel decision that the warriors make it. we purchased a dame last week that played in bismarck, north dakota and this december that team will began play in santa clara was the santa clara warriors in the new arena that we're constructing in santa clara. we hired mark jackson as the coach. but this is not about waiting five years for a great new arena to become a great franchise. we are heavily investing in both the team and the fan #kg:íw experience now. this summer there has been more investment about $11 million in oracle arena than there has been any other time since the major renovation in 1999. and one thing i would probably not expect you to recognize on that slide is a 7' center, which usually doesn't go along with the warriors. andru gagot, one the top centers in the nba will begin play for the warriors in about a month from now. part of the fan experience is in the arena, warriors fans as you know have be

the los angeles lakers may have a new landlord in their future.illionaire is putting his aeg sports and entertainment empire up for sale. they own the staples center, the home of the lakers and clippers. the company also owns the kings and l.a. galaxy soccer team. a sale could reportedly fetch billions of dollars. the bidders include newscorp. the parent of fox. back to you. >> all right, thanks much. >>> we all know that probably the most common pin is, like, 1234. i'll tell you what the least common pin is. little later. >> interesting. okay. >> always got something different for us. appreciate it. 5:17. as far as the weather, it's not quite different. if you like mild temperatures, the sea breeze is good. because yesterday we saw temperatures in the 60s and 70s. on our way to the same. a little bit chillier this morning, especially in the north bay. napa down to 43 degrees. temperature dropped off a little bit more before sunrise. low 50s in san jose. 54 in livermore. some patchy low clouds almost towards the pass. notice the wind direction. st

a four-team trade sent all-star center dwight howard to the los angeles lakers.ent? >> thank you, jimmy. big news indeed. while dwight howard is the big name in this trade, the lakers also acquired rookie point guard tom hanks in exchange for two boiled carrots and a side salad. hanks is an american actor best know for his signature long blond hair, falsetto voice and neck tattoos. that's your sports report. my name is stephanie williams and i'm a 17-year-old girl. [ laughter ] >> jimmy: thank you, trent. now let's see what's happening in other countries around the world. it's time for "globe news." ♪ >> hello, i'm michael fitzpatrick. there have been a series of muggings perpetrated by a man who was identified as being 6'2" with long hair and a ponytail. i tried to grow my hair long, too, ever since i saw a singer in a cool band at a rock 'n' roll concert. he was singing -- ♪ oh baby drive me crazy and the guitar was like -- [ makes guitar noises ] he looked so awesome with his long hair and sleeveless shirt. anyway, the suspect is still on the loose. ♪ >> jimmy

aeg is part owner of the los angeles lakers, l.a.d other sports properties. >>> bank of america is said to be speeding up previous job cuts. the bank will cut 16,000 jobs by year end. >>> our guest host is one of the world's largest short sellers but he goes, you go long on certain things. >> yes, we have a hedge fund. >> famed hedge fund manager jim chenos, founder of kinikos associates. kinikos has greek origin and did it mean anything? >> well it's the root of the word cynic but i'm also half irish so it means you really shouldn't listen to me at all when it comes to finance. >> i've got some irish, too. let's just leave it at that. >> cynical. >> we have to start with china i think, and we're still in a period where everybody can see that something's happening over there, but the consensus is, always has been and still is that it's not, nothing really that major, nothing really that big to worry about. if you noticed that, people finally will concede yeah, okay, but they're the same people that say china has got it down pat, know

which is a consultant for many professional sports teams, including the lakers, kings, and ducks and pga tour. he joins us from los angelesng peyton manning open up with three first quarter picks on monday night, there's been a lot of speculation about whether the i.n.t.s had anything to do with injury or poor decision making. doctor, in your opinion, where is peyton manning in terms of his recovery? >> well, look, it takes nerve injuries about a year and a half to two years to fully recover. his overall measurable arm strength and arm velocity may be close to 100%, but the small nerve fibers that control the fine tune neuromuscular coordination has to heal as well. the computer has to heal for their harm to heal perfectly again. we see this recovery happen quicker in the elite athlete. so look out. with every throw he's rebooting and he should improve as the season progresses. boomer: i saw a few of those balls float on peyton manning, but after that third interception, he was 20-29 for 207 yards and a t.d. and played a great football game. but i do believe and you'll see it today in houston. they're going to sit on thes

laker fan at heart. i'm a fan when they lose and when they win. not just a fan when -- craig: that's not a proper los angeleshen they are in the playoffs or have just won, then you're a los angeles fan. >> that's how it works. craig: yeah, if you're into watching teams that lose, you're a lions or raiders fan. that's the way it is. it's a joke. [laughter] do you follow football? i'm going to go to new orleans this year. no football team here. it makes me crazy. >> we need one. we haven't had one since the raiders or the rams. craig: how did it work out? >> well, they are not here. craig: exactly so. we should go down to san diego and get the chargers? what do you think? >> i'm not against that. craig: get a van. >> you and me. craig: you and me and a couple of guys. we go down san diego, get the chargers and bring them back. they are big guys, though. they have got to come or else i'm out. >> i have the gift of gab. have i been working out lately. a trainer i've been working out with. craig: is it a girl you box with? >> no, it is a guy. although that is not a bad idea. i'm not opposed to that. craig: that w

it's putting its aeg subsidiary up for sale, owns hockey los angeles kings and the staples center arena. also a part owner of the lakers owns the new barclays center arena in new york. >> and they were behind the michael jackson concert tour. and were involved in the crazy dispute over his insurance and his death and they knew he was having all these problems and it was a fascinating little story. >> our guest host today is jack welch, founder of the jack welch management institute. that's all we're going to say about you? >> does he need an introduction? >> no, not really. took ge -- what is your favorite thing? ge was split adjusted less than $1 a share when you took over and it went to $60,ink, didn't it? >> went up from $13 billion in market cap to over $400 billion. >> revenue went from $8 billion to -- >> from $20 billion to $150 billion. >> 150 -- westing house, i always pointed to how it can make a difference who's ceo. and you got paid a lot. you're a fat cat. but -- >> good morning. >> think about westing house, same mix of assets at the same time. i hit wx in there all the tile. westing house wasn't even a d