there are innumerable senior managing directors. and there are directors, members of the board, just two. and of the five executive vice presidents, members of the board directly under the president, akio toyoda, two of them are on our panel today. mr. sasaki and mr. ushiamata. and that's why i think there is some, you feel, or we feel, we both feel some frustration in trying to communicate our effort to get to the bottom of some of our questions. it's the -- it's the question of accountability. who is accountable. who makes decisions? many questions have come back that we are doing recalls as if that were a problem solver. and it is not necessarily a problem solver. we will get back to you on that. that is not a direct answer. i think there is more knowledge at the table than has disclosed itself. i don't say that rudely. i just say that in perhaps a typical american/japanese inability to communicate as effectively as we should on a particularly important issue both to us in terms of safety and you in terms of safety and some loss

one of my mentors put it, managers don't solve problems. they manage messes. and that's what president obama certainly has to do. it's not a single ill-defined problem, but how all these things are interconnected. so the health care problem is not separate from the financial recovery, and jobs recovery and all the rest of the. if you have a mass, and i wished an example, if you take any of the elements out of the problems of the mess, that comes with the, you distort the problem, you distort domestic because you have to look at the interactions. problems are not separable. health care, let me give you an example. of how we get off on solving the wrong problem. technically the u.s. has the best medical system in the world. no question from a technical standpoint. but technology does not actually equal the best good of health care as we learn. they are not the same. so solving the medical problem is not the same as the health care problem. in fact, the u.s. has a poor sick care system. we have learned how to maximize the bonuses, the pay of ceos, the current wel

>> well, good for the industry, because it breeds a greater quality of manager. we have heard a lot over the last year about how important it is to have qualify inf infrastructure and you couple that with the demand that the investor is placing with the vehicle of actual confidence and you will see the better managers gain alpha for the investors, so it is healthy all of the way around. >> emma, i know you have been traveling and traveling throughout europe. what are your clients telling you about the greece crisis and how worried are people about euro zone right now? >> well, people are definitely worried about it. there are a couple of things in europe. people are worried about the regulator environment over, there and a lot of the pension funds are worried about that before they put more money to work. but the hedge funds and looking at what is going on over there, and we know from the cftc that there is a huge pickup in shorting the euro, and many of the funds that we work with have been obviously trying to play the greece angle and using sweden to do that, b

manager, and miller served as pitching coach from '78 to '85 when he left to manage the minnesota twinseturned to baltimore as pitching coach and took over as manager for two seasons. oats served as a coach before being elevated to manager when robertson was fired. his record is the 5th best winning percentage in club history. he died of a tumor in 2005 -- of a brain tumor in 2005. >>> while six teams will continue to chase the championship, the rest of the field can only think about what might have been, and prominent among those are the maryland terrapins. the terps go into a transition period. gun are the three seniors and greivis vasquez, the reigning acc player of the year. those are three key pieces, guys gary williams went to war for three years and he is going to miss them. >> greivis plays with everything on his sleeve which is a great way to play the game. unfortunately, there's not enough people that do anything in lifelike that. it's nice to see people that are not afraid to put it out there and he is one of them. eric is just -- he plays through his personality. eric is a q

but the bank manager might be able to tell the difference.e's going to secretly judge you for making money in a bear market rally? uh-uh. can't put this in the atm. can you really afford to spurn a rally just because it's happening in a so-called bear market? do you know that after the market bottomed in early march of 2009 the dow rallied 36% in the following three months. were those points of up side not worth harvesting? the whole time i heard it was a bear market rally. i have to ask, if those points aren't worth harvesting, which ones are? do not be misled by the animal metaphor either. yes, there are harder and easier markets to make money in. but you can't just use animal symbols to guide your investing decisions. and i am about as fond of animal symbols as it gets. look. but if for some reason you think it's critical to have very set definitions of bull and bear markets, then at a certain point a large enough rally will turn into a bear -- turn a bear into a bull. now, here's something that i've been thinking about since the march bot

madam speaker, first i want to thank chairman levin and chairman mcdermott from including in the manager's amendment the extension of the jobs now program. i'd like to thank chairman larson and betty sutton and alcee hastings for their support of this bill and program. i rise today to support the manager's amendment to h.r. 4846, the jobs tax act which adds an extremely important jobs program called jobs now. it has created over 156,000 jobs in 29 states across the country. it is extraordinary for the fact that it has been able to create jobs so quickly. the model in el monte county created over 1,000 subsidized jobs in one year, jobs like park rangers, teacher's

they need foreign exchange management. they need liability management.they need interest rate management. so we have to have those operations to be them in that particular way. the shift that i made was to make sure that our trading operations and our cash management operations and all our banking operations are geared towards doing those things that our clients need. and, by the way, if you do that correctly, having been in the business for as long as i have, those are the kind of businesses that generate good value for clients without creating the risk that has been created in the system historically. >> my time is way over. thank you. >> my goodness. i apologize. mr. mcwaters? >> thank you. and thank you mr. pandit for appearing today. do you have any reason to anticipate citi group will need additional t.a.r.p. funds? >> no. >> on a fair market basis is citi group solvent? >> yes. >> are any material divisions or subsidiaries of citi group insolvent? >> no. let me be very clear. we look at the entire company, citi group. and what matters is that we'r

manage their way through it. i guess i would say within the health insurance group, the medicaid plans are probably the biggest winners and medicare advantage plans, those are the part c players, those are probably the biggest losers within managed care. >> carl, it seems to me that the lot of -- no matter how you feel about your taxes or this plan or whatever, just looking at the stocks, a lot of the health care companies are going to become utilities as a result of this. does that make them good or bad investments? >> this bill is not catastrophic for health insurers. but it is by no means good. there is certainly clarity now in terms of what's in the bill. i think we're just trading that clarity for a lot of uncertainty about what these companies are going to earn in 2014 and beyond. in the meantime, we still have a lot of rules and regulations to get through. a lot of what's in this bill is what's called enabling legislation, which means it's not actually spelled out. it's left up to the administration to fig

we are interested in the government panel's view on planning and management -- and managing contractors during the drawdown and the logcap transition. we look to kbr for its view of those matters, its plans and procedures for downsizing the iraq work force and its recommendations for improving the contracting process. we also want to explore what appeared to be alarming data revealed in audits by the defense contract audit agency. and the inspector general of the department of defense. those agencies reviews of kbr's corps logistic support services including tactical vehicle maintenance on logcap iii work order found the utilization rates at or below 10%. when army regulations require at least 85%. for the year ending august 31st, 2009, the dod ig calculated that this underutilization met that 4.6 million of the 5 million charged for this work at the balad base in iraq, 92% of the cost was not necessary. a waste. kbr reported its labor utilization rates but the ig's report says the army did not adequately review the data or require corrective action. we want to know why. we also want to

, liability management, interest- rate management.we have to have those operations to serve them in those ways. the fundamental shift that i made was to make sure that our trading operations and our cash management operations and our banking operations are geared toward doing those things but our clients need. if you do that correctly, having been in the business for as long as i have, those are the businesses that generate good value for clients without creating the risk that has been greeted in the system before. -- created in the system before. time is way over. thank you. >> my goodness. i apologize. mr. mcwaters? >> thank you. and thank you mr. pandit for appearing today. do you have any reason to anticipate citi group will need additional t.a.r.p. funds? >> no. >> on a fair market basis is citi group solvent? >> yes. >> are any material divisions or subsidiaries of citi group insolvent? >> no. let me be very clear. we look at the entire company, citi group. and what matters is that we're well cappalized, we have the liquidity an

we'll show you how to manage a winning options trade. when you risk less you increase your chance of success of course. and last month mike risked nothing and made a lot. on "options action" there's only one rule. risk less to try and make more so you can increase your odds of success. and that's exactly what mike did with our parent company, general electric. >> i'm looking at the -- at a 15.17 risk reversal. >> i'm sorry, mike, can you simplify that? >> and i just can't say it any simpler than that. >> thanks, mike. that's why i'm recording this. mike is bullish on ge, but he was looking for technical analysis to guide his options trade. enter carter worth. >> for the first time outperforming the market as it sits here 15, 16, 15, 16, 15, 16, and ultimately should come up and out of that tight range. >> wise man, thought mike. now that carter had his back, mike was convinced ge's stock was going higher. so he bought the june 17 strike call for 75 cents. now in order to make money mike needs ge's stock to rise by more than the costs of

it has to be managed.he theory of the case and it is perfectly reasonable was that we had gotten to the point in simulation that we should be able to confidently enter production before we have completed testing fully. that is the theory from the beginning. unprecedented and we have found that in some respects, that aspiration has not always been achieved. that is what we're trying to take some of the aggressiveness out of the program at this point. it is still aggressive. reality will have a vote here. >> if you shorten the development time, it seems to me the increases -- that seems to me that increases the concurrence it. you knew this from the beginning. why isn't the shortening of the development time, why isn't there an increase in the concurrence it level? >> the reduction from 30 to 13 months means doing the same testing we were going to do. that is good. the number of tests. is the same -- the number of test opints is tpoints is the s. >> i guess senator thune is next. >> i support 3 f-35 program

pinnate liability management. they need interest rate management.we have to have those abilities to serve them in that way. the fundamental shift i made was to make sure our trading operations and our cash management operations and all banking operations are geared toward doing those things that our clients need. if you do that correctly, having been in the business for as long as i have, those are the kind of businesses that generate good value for clients without creating the risk that has been created in the system. >> my time is up. thank you. >> thank you. thank you for appearing today. did you have any reason to anticipate that citigroup will need additional park funds? >> no. >> grade. on a fair market basis, is citigroup solvent? >> yes. >> or any material divisions or subsidiaries of citigroup insolvent? >> no. let me be clear. we looked at the entire company. what matters is that we are well-capitalized, we have the liquidity public and we stressed ourselves very often to make sure that is the case. >> speaking of stressing, if a stress te

they need foreign exchange management. they need liability management. they need interest rate management. so we have to have those operations to be them in that particular way. the shift that i made was to make sure that our trading operations and our cash management operations and all our banking operations are geared towards doing those things that our clients need. and, by the way, if you do that correctly, having been in the business for as long as i have, those are the kind of businesses that generate good value for clients without creating the risk that has been created in the system historically. >> my time is way over. thank you. >> my goodness. i apologize. mr. mcwaters? >> thank you. and thank you mr. pandit for appearing today. do you have any reason to anticipate citi group will need additional t.a.r.p. funds? >> no. >> on a fair market basiss@@@@@$ what happened? what went wrong? >> mr. mcwaters, we came into this market -- city came into this market with assets on which it took substantial losses in 2008. now, we addressed that by raising

it's an "egg management fee." what does that even mean ? egg management fee. kids know it's wrong to take other people's stuff. that's why at ally bank we don't eat away at your savings with fees. and we offer rates among the most competitive in the country. it's just the right thing to do. ♪ 4 pounds of sirloin. but only wrap half... i'll just throw it out anyway. we throw out over $500 worth of food every year. help save more of it with new ziploc freezer bags featuring smartzip. it's a seal you can actually hear close... from edge to edge so you know your food is protected. now that's ziplogic. ziploc freezer bags with the new smartzip seal. get ziploc. and get more out of it. s.c. johnson. a family company. ♪ spread a lile love my way ♪ spread a little somethin' o remember ♪ ♪ ♪ spread a little joy and see ♪ need a little happiness to be ♪ ♪ living the life with me ♪ ♪ spread a little joy and see ♪ need a little happiness to be ♪ ♪ living the life with me ♪ for all headlines go on to foxnews.com. >> mike: don't miss the huckabee report monday through frida

it was managed for that. 75% of the money went to that particular issue. that's what should be done. once again in committee when we said let's restate that at least as one of the important criteria, because you see when this bill was written they removed anything that related to healthy forest from the language. reinstate that. we actually said why don't you reinstate it so 50% of this goes to improving the forests of this country. and that wasn't allowed, either. so there is no criteria, there is no reference once again for the purpose of this bill originally which was to make sure we had a healthy forest. instead we have an open-ended bill that could do anything, that could go anywhere, that may commit any kind of function. madam speaker, all of this could be avoided. these are not tough issues. this is not one of the bills that's going to make our break the republic. it could be avoided. it's simply the democrat majority had decided to try to do something in a bipartisan way. if they said these are your objections, let's draft something to make sure th

he was a husband, a father, and a 14-year city manager of largo, florida. it was revealed that steven was undergoing gender reassignment. the movie "her name is steven," follows susan's transformation. it debuts saturday and sunday at 6:00 p.m. eastern. >> susan, thank you for being with us. >> hello. good to be here. >> when did you first realize that, as you say, the outside did not match what was going on on the inside? >> i don't think there was ever a time in my life that i didn't realize there was a dissidence between the spirit and the body, so ever since i was a small kid. >> in the documentary, you talk about writing in a journal even as a four- or five-year-old, saying something just wasn't quite right. do you remember that time? >> yeah, i do. the thing that the journal gave me was a place where i could share those thoughts in a very secure, private and a protected area because at that very early age, as i talked about in the documentary, you just kind of know that those thoughts are things you shouldn't be talking about, expressing or letting so

a number of money managers say, yes, you should. that straight ahead and here's what else is on the menu. >>> i'm jane wells in las vegas. 28 locations put the calories on the menu. if they're wrong, will you sue? one restaurant owner who put in a little here and little there. she's concerned. more from her later this hour. >>> market action and bob pisani kicks it off at the new york stock exchange. bob? >> positive or negative, tyler. home sales was out two hour uz go and now down four months in a row after a nice pop up in october and november. new home sales, existing home sales were disappointing yesterday, as well. let's look at lennar. good news out of one home builder and their earnings report was terrific. 18% increase in sales. that was a good sign. as you can see here, still on the upside for lennar even though its highs dropped around 10:00 as new home sale numbers came out. ipo market, another positive sign we had. three companies going public today. maxlinear big into broadband space. it opened at 17.95. still trading

media, money managers, especially in the crash of 2008. i have to admit, it's harder than when i first got in this business. i'm not going to tell you everything but the same as it was before the market crash. that's not true. even at the rally we saw in 2009 which was monstrous and beautiful, you'd have to be crazy, even crazier than i am not to recognize it's become more difficult to make money as an investor. not going to go through all of the ways i've gotten harder. not that i have reasons to give up on stocks, my job to help you make money. one way things have changed dramatically for the better. you see, there are opportunities for you to make money -- mad money, in this market. but you have to know how to spot them. in fact, it is not an exaggeration to say there are a lot of circumstances where wall street is making it much, much easier for you for reasons that are self-interested for them to make mad money. so how do you find these opportunities to make easier money quickly. how do you evaluate and analyze them to know they're sa

through our management team to insure the best possible care.hree months later, care first agreed to cover in home nursing until the medicaid program stepped in to pay for it. but they won widespread policy changes so no other family -- they want widespread policy changes at so no other family has to fight this fight. >> they are still appealing the state ruling. they believe their daughter's care should be the insurance companies' responsibility not medicaid's. the father has been invited to annapolis to talk about their struggle to care for their daughter. >> in the consumer alert, the offer of getting your tax money back can be tempting. they can promise your tax dollars within 24 hours, but you will pay fees and interest on your own money. in order to avoid a high- interest loan, at use e- file with direct deposit. apple's rollout of the ipad is at risk for a short circuit. a production problem could delay the product's's launched by as much as one month. >> now your 11 insta-weather forecast. >> spring does not officially begin until march

the manager's amendment and bill will indeed extend this program. i strongly support the manager's amendment. thank you. i yield back. the speaker pro tempore: the gentleman from california reserves. the gentleman from florida. mr. diaz-balart: madam speaker, it's my privilege to yield three minutes to my friend from washington, mr. reichert. the speaker pro tempore: the gentleman from washington is recognized for three minutes. mr. reichert: thank you. i thank the gentleman for yielding and thank you, madam speaker. well, at least today we're talking about incentives for small businesses. that's a start. people are still asking, where are the jobs? we are still at close to 10% unemployment. small businesses, think, everyone knows is responsible for over 80% of our jobs in this country. and i'm standing here today because yesterday i submitted two amendments. in fact, this is the second time i've submitted these amendments. the first time was in the ways and means committee asking for the current tax laws governing small businesses, the capital gain

you know, management people like dr.deming said the purpose of business is to serve people and make money as a result. not to make money whether you're hurting people or helping people. so can you talk about the idea of getting at the culture of not just the regulators but the culture of the organizations being regulated and get them to look at maybe it's literally anti-american to make money by hurting people? >> i guess i would go two places. the first of which is kind of humorous. joseph stiglitz was holding a panel last year and they were talking about the problems of values. and he said, rob, how do you get these speculators like back on track? and i said well, they have to discover belief in the afterlife. they have to believe that somebody is going to measure them and there's something that matters. and that they can't escape detection or they can't buy their way in. [laughter] >> i think the -- that's the biggest -- that's the highest altitude -- >> that's the best regulator we've got. >> i'd say that you're real

>> mike: i would put case management so medical cases are managed that way you have a way to controlthe cost. i would put focus on preventive care not cat stross -- catastrophic care. i would put in incentives so people who take care of themselves pay less than those who don't. and nobody gets anything for free, everybody has to pay for something. what you get free you don't appreciate and you don't have respect for. those are basic things. we to go. thanks -- we got to go. thanks. hopefully i'll sit out there with you and you can buy me coffee. next why an increasing number of democrats who once were on the fence are against health care bill and now they are for it. we'll ask why and what is going on. we'll be right back. [ le announcer ] as long as we're winding up our doing dials, let's wind 'em with precision. open our throttle to even more selection. and turn that savings swagger up full tilt. ♪ so when the time comes to bust open a can of doing... we've got all the tools for all the things we need to make 'em happen. more saving. more doing. that's the power of the home depot.

manager leaves.e work done than everybody in the group. this is why i do it and why i love it. it takes skills and atry buts and brings it to life in a personal way. >> excellent. always a pleasure to see you. brad is the president and founder of job bound. ♪ i want to rock and roll all night ♪ ♪ and party every day >> not the usual "your money" theme music. from kiss to selling life insurance? our next has done that and more. he's not an insurance salesman. he calls it estate planning. >> yeah. we wanted to make the point that gene simmons who many of you will know. i was a big kiss fan. there he is. good to see you. >> good morning. >> you know gene from kiss, but since then he's built a vast business empire, reality tv show, record company. now a life insurance company. he's a cofounder of cool springs life. now, gene, christine and i are smart about business, but i have to tell you that i have difficult understanding life insurance. universal life insurance. it's a complicated issue. >> it is. >>

needs to manage the judicial system. certain safety net features the government can provide that we can agree on and then go piece by piece and say was the government right doing what action or another and we are not going to agree on all of those actions but i can tell you with regard to the car companies they were wrong to bail them out. the right course was to move to managed bankruptcy up front. they ultimately got there and with regard to t.a.r.p. that is something that should be ended. there's no reason for the government to continue using that money. we backed away from the cliff, the financial institutions did not collapse to keep our entire system from collapsing. >> host: let's talk second about unemployment numbers which at the moment seem to be stable but stable at a very high percentage near 10%. you are antiprotectionist. you believe in free trade and opening -- open trade but isn't that something again people would say we need to protect the american family and look at those unemployed in the country might

-- excuse me, managing complex operations.to do this properly we need to have the civilian response corps built up and we have to use it once we build it up. we need to make sure we have all eight agencies engaged. and they are. and we need to make sure the decisions they're taken on an interagency basis. but again, our office has only been effectively empowered for 18 months. and permitted to work as we're starting to work right now, we will be able in front a year to field a couple hundred people for our mission and ensure that it involves the full agency and we're committed to achieving that full objective. secretary clinton believes in smart power. and we represent smart power. >> i don't doubt that the department thwarts embracing smart power but i have sat through years there in that department when you fought -- when we fought for every nickel and what i'm concerned about is once the champions of this -- and i mentioned a few of them, go away, the people that are putting the pressure on, if you will, we go right back to

this was a failure in management. i am grateful to the secretary for health with a series of recommendations including a recommendation that where management fails, we would be able to strike off those who were not acceptable. >> it wasn't one of the tragedies of stafford. not just bad management but bad clinical practice and over adherence to processes year after year, to the deaths at the hospital were too high end of line from 2005 yet the health care admissions' the investigating in 2008. isn't it clear the structure of primary care trust and the health care commission didn't bring this to light early enough? does the prime minister agree we need a better way of publishing results and patient outcomes in the hospital and we need openness, clarity and transparency to stop this happening again? >> but he should recognize the action we have already taken. inequality test for foundation trust, new requirement of the prevalent by the medical director, care quality commission that reviews are under way. we can remove th

. >> henderson had been recently honored for his work as an information manager at boeing and andrews air force bases. many in manassas says the fact that he is military makes it more shocking. >> they are defending this country, right? if anything could have been. instead of doing something, they should be defending. >> do think he would want to take advantage of the situation with somebody so young is unfortunate when they should be role models. >> and air force official late this afternoon confirms that henderson is on "terminal leaves," which precedes his retirement from the air force. >>> six men are facing rape and false imprisonment charges in connection with an attack monday night in charles county. police are looking for two other suspects. the sexually assaulted a 30- year-olnorthern virginia woman. they met the woman at a nightclub. they threatened to kill her and forced her to perform a number of sexual acts at night. . she was a -- at knifepoint. >>> the bridge is 7 feet higher, widened from 4 to 6 lanes. flooding from the creek has caused major headaches for years along

>> we are not involved in managing citi on a day to day basis.nd the regulators oversee citigroup. i think that's a question you might ask mr. pan dit when he comes here shortly when i finish. >> good idea. thank you. i apologize to panelists for going over. >> thank you very much. >> mr. atkins. >> i just have a couple more questions here. one with troept, there was an interesting article by reuters yesterday about a small midwestern bank called midwest bank holdings. this is a little bit off topic but it will get back to topic in a second. i want to read it. a small midwestern bank has negotiate with the treasury tore taxpayers to essentially buy the shares at an above market value price in an unusual transaction reflecting how the government's bank investments are entering a new phase. midwest bank holdings agreed to swap 84.4 million of preferred shares for securities that will convert to about only $15.5 million of common shares roughly an 80% loss to taxpayers. it quotes hedge fund managers. there's a lot of funny stuff going on here. in se

it has to be managed. the theory and it was reasonable, is that we have gotten to the point in modeling and simulation that we should be able to confidently enter production before we have completed testing fully. that is the theory of the case that has been with the joint striker program since the very beginning. unprecedented. we have found that in some respects, that aspiration, so far in the program, has not always been achieved. that is why we are trying to take some of the aggressiveness out of the program at this point. it is still aggressive. reality will have a vote here. >> you shorten the development. if anything, it seems to me that increases the concurrency. in new modeling and simulation would be going on since the beginning. why has the shortened in -- short and in not been increased in the current currency level? >> the reduction from 30 two 13 months means doing the exact same testing required to do in 30 months in 13 months. that is good. it is the same but it progresses more rapidly beca

piece, the contract management piece.but that's -- >> multinational of pooled funds through the world bank? >> i probably don't have an expert enough to give you a good sense of the pluses and mines uses sir. >> pooled funds through nato? >> same. >> national security council office? >> the plus there is responsiveness to the president, to the national security advisor and their principals. the paramount and chronic question for the nsc is its ability to focus especially on operational-level issues which ought to be outside its domain. >> and making the current structure work better through additional resources? >> i never deny the need for additional resources. we have a list of things that we need to look at very hard within our own agency's way to improve it. >> do you think ambassador herbst needs a lot more resources in order to help him coordinate the effort? >> i think he has put his finger on what i see is the principal need, which is human capital. and that's the -- has been the long pole in the tent. i think sta

unsuccessful managers and executives are shown the door. but these basic commonsense principles have been lost in these major wall street financial institutions that we have seen uncovered over the last several months. this year, total wall street bonuses exceeded $20 billion. in less than a year and a half after the fall of lehman brothers, it's back to business as usual for some of our major banks. and that is inexcusable. we've been here before. we've had this same debate, mr. president last spring. remember when a.i.g. paid absurd bonuses to financial traders that had managed one major accomplishment. and what was that accomplishment? they drove their company into the ground. and although we talked and talked out here on the the floor of the senate and legislation was introduced, congress failed to act back then a year ago, and here we are again. well, mr. president, there's an old saying that comes to mind. fool me once, shame on you. fool me twice. shame on me. and so if we're going to write this financial ship of state, we're going t

you know, managing people like dr. deming used to say the purpose of business is to serve people and make money as a result, not to make money whether you're hurting people or helping people. so can you talk about the idea of getting at the culture of not just the regulators, but the culture of the organization be regulated and get them to look at maybe the literally anti-american to make money by hurting people. >> i guess i would go to two places. the first which is kind of humorous. joseph stiglitz was holding a panel last year and we were talking about the problems of values here and he said rob, how do you get the speculators back on the track? and i said well, they have to discover belief in the afterlife. [laughter] they have to believe that somebody is going to measure them and their something that matters and that they can't escape detection or can't buy their way in. i think that's the highest altitude regulatory -- >> that's the next regulator we have. >> i'd say that you are really talking about a system in

so i think he thinks that with good management a financial services conglomerate like j.p.gan chase is something that can be both beneficial to shareholders, employees, and even customers in the country. >> rose: what are, in your judgment, having gotten to know him, what are his core skills? what makes him different than other commercial bankers? >> well, discipline for one. you know, banking it's been said is not a really complicated business. it's actually a pretty easy way to make money, using other people's money. >> right. >> rose: if you stick to your in thing. hard work, attention to detail. one of the things i think he learned from sandy aisle with which came in very handy in this crisis was the old adage "buy straw hats in winter." >> rose: a contrarian almost? >> a contrarian but there's a line in the book where a new employee at citi said "what's the strategy?" and he said "don't screw up, let others screw up and we'll buy them." and that's basically been their... that was their m.o. at citigroup and that was his m.o. at j.p. morgan. they were the only firm a po

he had incredible intuition as a campaign manager. he also knew how to step in front of the campaign -- in front of the candidate, occasionally, and take the heat to deflect things from the -- the candidate. so he did a lot of things that today, i think, are probably taken for granted in certain quarters. and a lot of people have learned from him. a lot of people imitate him or try to imitate him, and -- and they get maybe a little bit of his -- his persona. but he was -- he was unique. he was distinctive. there was certainly a downside to what he represented as well as an upside. he was controversial, and he died at the peak of his powers. c-span: in a moment i want to show a picture that was originally published in life magazine. but before i do that, i want to ask you about his brother joe... >> guest: yes. c-span: ... because you write about that a lot. >> guest: right. in the early research for this book i came across what i would call the family secret, and it occurred in 1956 -- in the fall of 1956 when lee was five years old.

change management to his own operation. their is a lot of work yet to be done but you will continue to see usda presence. let me first of all say when i came into office of was confronted with an inspector general's report suggesting that the department did not have a strategy for promoting biotechnology, not only within the united states, but around the world for. we have spent the last seven or eight months developing. less reliance on natural resources and on chemicals and protection of the environment. we are in the process of implementing that strategy. we are also focused on our own rulemaking process. we began a number of years ago. we got quite a bit of comment from all parts of the spectrum. >> mr. secretary, time is running out. i support the first lady's let's move, but as one whose jobs in a rural grocery store and sees people going through with food stamps with obese parents and baskets full of empty calorie food have you thought about implementing the same kind of guidelines you have for wic school lunch to sn

>> mike: i would put case management so medical cases are managed that way you have a way to control cost. i would put focus on preventive care not cat stross -- catastrophic care. i would put in incentives so people who take care of themselves pay less than those who don't. and nobody gets anything for free, everybody has to pay for something. what you get free you don't appreciate and you don't have respect for. those are basic things. we to go. thanks -- we got to go. thanks. hopefully i'll sit out there with you and you can buy me coffee. next why an increasing number of democrats who once were on the fence are against health care bill and now they are for it. we'll ask why and what is going on. we'll be right back. assistance getting around their homes. there is a medicare benefit that may qualify you for a new power chair or scooter at little or no cost to you. imagine... one scooter or power chair that could improve your mobility and your life. one medicare benefit that, with private insurance, may entitle you to pay little to nothing to own it. one company that can make it al

married with two children, alan was a successful construction manager for over 20 years.w, he's a driver. >> i was laid off about eight... eight months ago. >> eight months. so now, you're a driver. >> so now, i try and get some cash, so i can put food on the table, by driving people to the airport, into new york city. >> wow. it's amazing how imaginative you have to be just to put food on the table. >> oh, yes. >> i mean, it's not like, "okay, this didn't work, so now i'm going to go try this." because you got a lot of skills-- 20 years, you' re doing something, you learned a lot of skills in management, i'm sure.v >> i'm a very good problem-solver and detail oriented, but right now... >> but where are you going with it? >> that's right. >> it's amazing, isn't it? >> it is amazing. i never thought, my whole life, that this is where i'd wind up, >> at this stage of the game. it's crazy. >> when i go to, like, the supermarket, or i go out and i'm with people that are part of the regular part of society, they're just going about the same way they had done a year or two ago.

say his manager was told to tweet and let the crowd know about the cancellation. they say he refused to do so and helped cause the incident. he faces up to a year in jail if convicted. >>> a popular infant carrier is being recalled made by in the in san to. the commission is asking people to stop using them because they pose a risk of suffocation to the child. >>> there was a ten or among the tomorrow ate os at the whole foods -- tomorrow tomatoes at whole foods. shoppers at the harbor east location discovered they were singers from the washington national opera. they were promoting an upcoming serious. you can see their performance without the produce tomorrow through sunday. >>> if i had that at the grocery store every day, i would be happy to go. >> reporter: let's take a look, we have a nice night, nice day tomorrow, 48 now. the -- has risen all day long. today was simply spectacular. 44 last night. the average 37. the records 83 in 129 and way back in 18 18 -- light winds, 39, ocean coming in at 36. dead calm most places. very little wind. we had winds at 20,

it just was more manageable than it usually is.ause with blond hair that is color-treated, let's just say, um, you often can get really dry and frizzy, and, like, dull and lifeless, and my hair is shiny now, and usually you don't see shine on blondes, but i have shiny hair, see? look it. first of all, it smells amazing. it's so rich in emollient feeling, but it's all-natural, so i feel really good about using it on my little girls who have, you know, beautiful long hair, and they're using it now, who, too, i could never comb through their hair. now i'm able to comb through their hair. it's a lot less crying at combing time, so i love using it on my little girls' hair. >> okay, we're gonna talk about alicia's, but before we talk about alicia, let's look at a picture of what her hair looked like when she came in after first washing her hair one time with a popular brand of shampoo just one time. >> look at that--frizzy, fly-away, uncontrollable. look how dry--the color looks different. the color looks dull, flat, look how much richer

downside, there is a risk to being in nuclear that somehow if you're regime does not carefully the -- manager of fissile material you're nation could be retaliation. the people need to realize the downside to become a nuclear nation i also wish this president of the prior president had been successful in dissuading iran from exacting and enacting very tough sanctions. the iranian citizens and business people and political leaders ought to know when you violate the nuclear non-proliferation treaty will be severe. those are actively employed to be very crippling sanctions to put in place those types of actions. >> host: but you say the leading military power in the role but the same time you say there is a need for increased spending. and urie -- and you worry there is not enough defense spending. you tell a funny story that a guy that says more than half of the budget but when you break it down to include money spent by the chinese and the like, they outspend us and others try to diminish our lead of military might. >> guest: you can understand the sentiments of other nations they would like t

i would now move the adoption of the manager's amendment as modified.ose in favor, please say aye. >> aye. >> those opposed no. >> no. >> the ayes appear to have it and the ayes have it. i'd now like to if i could suggest the following by the way, richard, that i'm prepared to come back. i'm going to move we go to the final adoption of this bill unless others want to bring up amendments but i gather we're going to preserve that for later. i know members like to be heard on the bill, itself. i am prepared to come back after the votes we have and be here either tonight or tomorrow morning, however you'd like to do it in a formal setting of the committee so members can be heard if you'd care to on the matter before us. i'll leave that up to you to inform our staff. i'll do it any way you'd like to do it to give you a chance to be heard if that's the case. if that's not the issue any further then i move the committee report the original bill, restoring america financial stability act of 2010 and would ask the staff be allowed to make technical changes and t

managers.we're seeing the job market starting to move ahead, consultants starting to get jobs. so, it's not robust, but it's way better than it was, and we're continuing to move in the economic cycle. >> michelle, why do you like monroe muffler? >> well, i think they're a nice niche company. they're actually the largest owner-operator of service stations, and they've got about 777 stores in 19 states right now. go there for oil service, you go there for, you know, brake inspection. but it's a great management team. the ceo that i actually just met with this week at a conference, talked a lot about how building trust is the key to growing the business over the long term, and i think you see that in their same-store sales. they actually brought guidance up earlier this week. they're looking for 7.5% same-store sales for the quarter, and brought eps guidance up, and i think there are some really nice trends that are moving in their favor. not only have they built trust with the consumer -- and i t

>> we will have a manager's amendment. there won't be too many issues.e try to have the bird scrub just so you know what this means, under reconciliation, we are governed by the budget reconciliation act. it must be central to the budget. you have to meet that budget reconciliation test. the senate has an additional overlay which is the bird rule which has some strict requirements not to get too far in, we tried to scrub the bill of any bird and we will hear a little more today about what the final part of that is. >> william make the changes? >> we think we are in pretty good shape going in. we you make the changes? >> we think we are in pretty good shape going in. we are not trying to make a challenge. we will see what it will be. the parliamentarian will not necessarily give us the advance. we have to calibrate it. >> what sort of assurances do you have from the senate that they have the votes to pass that reconciliation? >> they will have all the assurance they need that this bill will be taken up by the senate and passed by the senate. i feel very c

but, unfortunately, if your contract is with the bureau of land management and that bureau manages 6 million acres of forest -- 69 million acres of forested land across our western united states, much of it prime timberland, the same rules are not set up for companies who happen to do business with the b.l.m. rather than the forest service, their only alternative to harvesting timber at a loss is to lose the contract and lose the business altogether. now, this makes no sense as a policy. and in western states like oregon, where forest service and b.l.m. lands are side by side, you can find yourself on the forest service land one moment and b.l.m. land the next. it's practically arbitrary whether a company is working with an agency that can give them a commonsense extension as the forest service can, or an agency that cannot give them that commonsense extension, which is the b.l.m. so my amendment is simple. it allows companies to apply for a contract extension and authorizes the b.l.m. to review and grant those applications so we can save those jobs. it applies to the b.l.m. the same

the ohs manage -- os manage two hits today.ajor league baseball is serious about these spring games, serious about who may misbehave in them. after he was ejected from an exhibition game. say they were surprised by this punishment and that they will appeal. >>> ron washington issued a public apology today admitting he tested positive for cocaine in july. he offered to quit. but the rangers elected to keep him as their manager. he has passed all drug tests since then and said today he used cocaine once in what he called a weak moment. >>> fans in cleveland treated to a show with lebron james playing the lead. he goes up, brings it down strong. this time james does it himself. no time to pass when you can shoot like that. and he was fouled in the process. 32 points for lebron james. they beat the pacers and with that cleveland clenches it's second straight central division. barack obama details his bracket and while doing so he picks michigan state to beat maryland saying the terps have a great player but michigan state has a gre

we used the same managers for both. those types of things -- we're going to find out from other states that are here which ones work and which ones don't? you know, the vast majority of americans have a plan for healthcare. it's not perfect. it's a matter now of how do we make it better? where can we improve and make it sustainable for the long term? the real challenge in the future, as you have more and more of us getting odor and living longer and yet at the same time you have younger people that we truly -- we recognize that you've got to build a quality education. the challenge will be are states going to be spending their money on educating their children? are they going to be spending it on taking care of people who have no place left to go for their healthcare needs? >> you know, some form of healthcare doesn't pass, it will be a lost opportunity for us as a country the fact is for oregon nothing will change what i've told you that we're talking about the oregon health authority. i actually believe oregon has a v

. >>> other news, manager issued a public apology.admit being he tested-- admitting he tested positive for cocaine in july. rangers elected to keep him as manager. he said today, he used cocaine once. and what he calls a weak moment, he says he's sorry. >>> johns hop hopkins coach, dave petronella. they've got a serious challenge with syracuse coming to town saturday. the play-offs with the goal. this squad takes nothing for granted. >> he says, you'll be fine. just make the play-offs. and you know what? you gotta make the play-offs. and there have been cycles, where you've seen princeton mot make -- not make the play-offs. and syracuse not make it. and we want to do everything we can to avoid it. so for us here, the regular season does matter. >> still eight games to go. hopkins played host to syracuse saturday night at 8:00. the first-ever, primetime meeting in baltimore. last stop. 50-1 long shot. jockey anthony mowing in green on st. paddy's. got to be a winner. does it overtime. misspeaks, earning green. more than $200 on a $2 be