coralaonnarr w mb 0. d tsrohtou b oder jow. > vijoso w t nar r heppinte whudn w h fst me > t' tnock. etaeyup pyosnd y lt gh thl. kgs btlg iut ait e bls. bali i ou th o gso erme anoo. goaliespye t pk hi th ne th's astn. he ss anoprtity. cknditnt tgo. tes t siele,0, th 2-icry or t ng acaw ahe wi. beeepeod isshye'hongou hoey ghgh. nias er dacaatck othic ni st er th'sheho tucen e meshehofr cte icon herir try. e stav bn -- mtave be aoo ck e bckwkwi2- i ermeakg e-meea ovmiesa. > eayft bng reas heeworts quteactiebas a n ofr pl. th,it tma ef ye th's am tdoooal ag. e sar casyet h cole hpymes. 5er ga. bsntllle tnhe2 miion heus enedit the tsasseon bubeerha ro enhe be's srtg arrbk wdeife' ouofth. memealeneofhe tewofr,ol poeri thk cea aotro . >omg, psintba tas e itho piuo wehnn sia t g rfm. t llt lpaimont r ehi hsegea. ou re wlluderod ewarcleodd t t lo lt wthma oors wel owouheline. i d? enissiate ke eero atpgdeexrice rely matre.. y sgeed xy r rve std "rethrain wi pri wli" omonod flp emhienin. [ un ] wl, tvea t d m. [a

the dow jones posted another all time high and the nasdaq is up 0.26%, the highest level since mb 2000. for more on stocks, let's go to ramin. stocks just keep powering ahead in the u.s. how is the market opening here in tokyo? >> pretty strong performances as we have been covering in the u.s. and staying at high levels. that's despite some economic data on wednesday coming out in market consensus and the empire state manufacturing region data also. it does raise hopes the u.s. federal reserve may continue to support the world's biggest economy by continuing its asset buying program or kwaun quantit easing program. we closed above 15,000 for the first time since the last week of december 2007 here in japan. however, we just talked about the gdp data in japan that showed stronger growth. on the flip side in europe a report showed a contraction and german and french gdp data disappoint and that's weighed on the euro. we'll have to watch out for export related shares in japan. japane japanese mega banks reported after the bell. the trio will post a decline in net profits. >> where do we s

my point is we can do that by allowing asset, particularly mbs to runoff in assure rather than selling them. >> and my final 45 seconds here, inc. of japan and yesterday they reiterated their significant buying and has been depreciated 5% against the dollar. how do you see this in terms of the potential currency war, race to the bottom. our a world central banks leading towards trying to end a war here is depreciating currencies? >> a statement with which we agree which monetary policies with the domestic economy are not specifically designed to effect relative exchange rate because whatever effect they have an exchange rates, they affect domestic demand in japan, but more trade and activity around the world. we're supportive of japan's policy and i would make two observations. one is that under the current plan the japanese bank of japan balance sheet as a share of gdp will be three times larger than the feds to give you a sense of proportion and secondly the actions they've taken seem to a fairly germanic effects both on financial markets, but also so far as we can tell on aspects of

bum - bum - bum -bum ♪ i'm beth trout mb.ime for the best videos from the web and the stories behind them "right this minute." >>> a power boat wipes out and -- >> does a back flip. >> find out why the driver is one lucky dude. >>> it's a photo of a little girl with leukemia. but some believe this is a miracle caught on camera. who her mom thinks is watching over her daughter. >> i know she's not alone. i know we're not alone. >>> one guy makes a steep hill climb look easy. >> not too much. >> in y it's a long way to the bottom of this challenge. >>> and some folks answered an ad for a roommate and got a chilling prank instead. >> this one pushes the envelope. >> this is evil. >> see why by evil she means really funny. >>> i guess this is why you do a practice run. this is in australia. bruce jordan driving the boat known as the real thing. watch this. >> whoa. >> flips around all over the place. this was during a warm-up session for the 2013 world apba speed kilo trial. you see he gets airborne, spins around, does a backflip

is large-scale purchases of long-term treasury securities and agency mortgage-backed securities or mbss put downward pressure on longer term interest rates including mortgage rates. for some months the fomc has been buying longer term treasury securities at a pace of $45 billion per month and agency mbs at a pace of $40 billion per month. the committee has said it would continue purchases until the outlook of the labor mark has improved substantially in the context of price stability. the committee has said, that in composition of the asset purchases it will take account of the purchases as well as the extent of progress toward economic objectives. at its most reese not meeting the committee made clear that it's prepared to increase or reduce the pace of its asset purchases to ensure that the stance of monetary policy remain appropriate as the outlook for the labor market or inflation changes. accordingly and considering whether a recalibration of the pace of purchases is warranted, the committee will continue to assess the degree of progress made toward its objectives in light of inco

but when i know mb bosses double crossed him the animal became an fbi snitch. >> joe barbosa testified against the mafia in three criminal trials. he brought down the biggest god father ne new england. he was the first gangster to testify against the mafia in a criminal trial and the first man ever placed into the witness protection program. >> barbosa got a new name and new life in the bay area. first the fbi set him up in culinary school in santa rosa. he once worked at the rat restaurant in san francisco. >> they gave him a menial job. he was very disgruntled and he immediately went back to his life of crime. >> after prison he moved to this apartment near ocean beach in san francisco. >> joe barbosa thought that san francisco had a -- a void of leadership when it came to organized crime. he was going to see if he could take over the rackets. >> but the mob now knew where to find him. it all ended for joe the animal barbosa here in this quiet san francisco neighborhood. he was walk to his car at 25th avenue when two hit men for the mob gunned him down. sherman said hit men joseph ru

. >> all of us are mb

wn rb maze ud oepabewoues stt ept e mbs. ion kw iou p rb a ddginheam seen. ai in ifhioc nsovag i th stefkloms a incaonf e mdthe, ei aems t rn e veme fm ocilg mo empeecy asab. >>mmitn i a h im i este,ut my c'tet thran oit twokho lmarshi th he a soti twh eyala orge >>enorimnhe d coremafrk carent inoded bl atou mithamntf muti feraagci c b, pi iree e pp f t stf . the'a o x miatig y'guand am iokho ci a aotr n op ma fr e veme cld betopingmmitn d evti t plifr dng e me >> d'tivinkloman it bn itso te nc i ietouymmthe t 'sosblthe e nue mohoag. ermit se he reonth t geren stkpinit on the iroctn fer gulesliose g ber acssheouryunngo or tstk oam, ra tt ngssasoi t tke iouofhe ndthkso loof fea moerg omheunob. g aerct cseloop inhi t pand nsra eoesueanmmshta icfu fth cspac thri. oray ao isht pp inklombeusth td usa t iatves ke thfu oaha autoho a tre ow >>llig. i n gngo on th lksika olloof fu atsn f a utestes ngssn inthr iveganpor cft giatn cero e rkt,riie emes eranpoti. setoinoeanoprd nsra nrst h sul ti,en eai a lve otrso lv pbls at ext. rdno tre eug meople s.bui woro '. nt aar

and another participant saying don't buy mbs, just buy treasuries. easing all but one member at that time supported a highly accommodating policy. this is interesting. there is concern exprezzed about market expectations they go on to talk about the economy and everything they say about the economy seems to argue for maintaining qe, not lowering it. the labor market showed some improvement. business investment was slowing fiscal policy restraint in the economy. there was some concern that the economic recovery itself was slowing. i could go on with this stuff. the headline of a june tapering, you can't avoid that. the details of the report showed continued concern about the economy. i don't really have -- >> how do we square this against what bernanke said today. >> i thought bernanke was putting the market on notice that there could be something in the next few meetings if the economy, if the labor market were to improve substantially. >> you can see that the dough is up by 31 points going into what you just told us, it was up by 27 points. the s&p

. >> you fell in on mbs so it sounds like you have moved to the left. >> i think i'm a centrist.e never self branded as a conservative. it's true i have been a republican for much of my adult life. i'm registered as an independent. 60% of the country is now identifying as being independent and yet independents aren't represented in the media world in which we live. >> you wrote for "the huffington post," the national gop is a party of exclusion and litmus test dominated by the religious right with zero discernible outreach by national party to anyone who doesn't fit neatly within the parameters. that sounds like you don't like the modern republican party. >> well, i i don't. i think the modern republican party like the world of talk road is too old, too white, too male, and too angry and that's not what i represent. at least not the anger part. >> let's talk about where you are because it seems to me that this partnership that you have grown tired of you say, you think it's gotten stale and polarizing, is also what attracts audiences. look at the biggest names in the business, ru

the blastocyst was destroyed in the press and was never implanted in a man mb.in has been covering this story for npr. >> nice to be here. >> brown: flaul, why is this considered so important, this particular step. >> every since scientists discovered stem sez, they barely used them to mass produce nonetheless laboratory whatever kind of cell they want to treat patients, to be able to create thousands and thousands, millions of cells in the laboratory to tailor make cells to treat patients with alzheimer's or parkion's disease or create heart cells to treat patients with heart attacks. or maybe cells for the pancreas, children with diabetes. but in order to do that, they wanted to be able to tailor make those cells with the genetic material of the patients they are trying to treat and this is the technique that will finally be able to accomplish that goal. >> brown: this has been hard to do, though, right? it's been a goal for a long time. why so hard? why the challenge? >> scientists have been trying to do this for years. they tried and tried and there's been f

congressional reporter for talking points memo, an mbs political analyst and author of "47%: uncovering the romney video that rocked the 2012 election," and maria tracy kumar, an msnbc contributor. great to have you here. we've been watching grover norquist testify this morning. he's pro immigration reform. getting all these different 2013s coming out on the heels of the her tanl foundation's report trace basically trying to scare moderates to move away from this as they're referring to it as an amnesty bill. jeff flake has tweeted here we go again, new heritage study claims huge cost for immigration reform, ignores economic benefits, no dynamic scoring. "haley bar boyer says it's not a good study analysis for good policy. when talking act moving forward with this and having a real debate and a concentrated debate on what this means for the left and the right, the right is worried about having fingerprints all over a failed immigration reform bill, aren't they. >> i would say the republican party is worried about this, the strategists who are thinking about the party's long-term viabili

agency mbs at a pace of $40 billion per month. the committee has said that it will continue its securities purchases until the outlook of the labor market has improved substantially in the context of price ability. the committee also have stated that in determining the size, paint, composition of its assets purchases, it will take appropriate account of the costs of such purchases as well is the extent of progress toward its objectives. at its most recent meeting, the committee made clear that it is an prayer -- prepare to increase or reduce the debt purchases to ensure the monetary policy remains appropriate as the outlook to the labor market for -- or inflation changes. accordingly, in considering recalibration of the pace of purchases, the committee will continue to assess the degree of progress made toward these objectives in light of incoming information. the committee also reiterated that it expects a highly accommodative stance of monetary policy to remain appropriate for considerable time after the asset approach -- asset

. ♪ we are farmers bum - pa - dum, bum - bum - bum -bum ♪ i'm beth trout mb.om the web and the stories behind them "right this minute." >>> a power boat wipes out and -- >> does a back flip. >> find out why the driver is one lucky dude. >>> it's a photo of a little girl with leukemia. but some believe this is a miracle caught on camera. who her mom thinks is watching over her daughter. >> i know she's not alone. i know we're not alone. >>> one guy makes a steep hill climb look easy. >> not too much.

guess at this point, our point is that because of the size of the fed balance sheet relative to the mbse buying something like 90% of the issue and relative to the size of the treasury market whereby the end of next year would be 65%, 70% apart of the issuance, they have to stop at some point. this is not presentable what they're doing. .if they don't communicate their strategy to the market, then that lack of clarity will fight people. certainly for us, the fact that bernanke gives such a mixed message between prepared testimony and q&a, if he's worried, we think investors should be very worried. we think they need to give clarity. if the market comes under pressure, that's a by-product of where we are in the easing cycle. if they have to stop at some stage, they've got to let the market become a freely traded market without intervening so much. >> there was so much layerty around the market. what has emerged is that really only relates to the interest rate, not the timing of qe. this is a market now that doesn't have any cues, but when the stimulus is going to be taken away. so what's

mid american will pay for mb, a 23% premium to wednesday's closing price.ay following that news. >>> keeping you up to date with the u.s. futures, we're well ahead of the market open stateside. we're called a little lore, not by much. the s&p 500 just gone a little higher on this opening call. a flattish call, but they're becoming better and they have become better over the last hour. >>> showing you the nikkei once again, we saw big correction in the overnight session, the nikkei 225 closing lower by more than 5%. joining us from the cme is the owner of the kenai capital management group. how do you trade in this environment? do we reposition ourselves given the big selling we're seeing in japanese equities? >> well, right now, the japanese equity market is really sort of getting the beneficiary of hot money. the people who are buying those stocks, i don't think you're talking about real investors here. you're not talking about a big economic turn around, things like that. so it's not surprising to me to see that volatility and those massive swings back an

you can buy all of the mbs you want, but when it comes in the cell that may be a problem.that a fake comparison? >> that's a desperate desire for bond liquidity here, but the i.d.e.a. it's pushed attet classes and that chase for yield. things are getting worrisome on certain levels when you look at credit, when it's high credit and real estate to a certain extent and everyone is starting to tilt a little bit. not like in '06 and '07, but a little bit. >> when bernanke spoke last week he mentioned they would find new ways to look for warning signs and q &'s mentioned things like covenant light. >> but realgy came on "mad money" and said the average fico score you need to get a home is 750. i don't know a lot of friends who have 750. >> then the front of this, "usa today." a piece about how consumer spending is about to take off because of household creation, birthrates and marriage rates and pent-up demand. >> kimberly said people are starting to have more babies. >> japan say growth economy because they're reflatinreflati. we would be a growth economy because we're startin

natalie is in london and al is in l.a., i've called in reinforcement, msh mb my friend and co-host ofhis. comcast is getting its money's worth. >> working hard . >> working hard for the money. >> we'll talk about her new important book in a minute. we begin take three by checking in with al and natalie separated by half a world this morning. natalie in london, hey nat. >> what's up, guys? looks like you've been having fun. i had a blast in london. we were here earlier to talk with the cast of "fast and furious" out with their sixth movie so the action continues. it never left off as you can imagine a lot of fun with the cast, but then also i'm here laying groundwork for royal baby, two months to go just in case you're wondering. i know you're counting down. and i'm most excited getting on a plane and headed to sweden next to go to the abba museum which is opening tomorrow. >> yeah! how cool. >> i got to ask you your favorite aba song so i can make sure i have it ready. >> "mama mia" or is it "fernando"? that's a good one. it's on my play list but can you bring back a t-shirt, an abba

the mb is a ca qatari front, so people associate parties with some sort of outside power even though, i think, has learned some lessons from the election. the salafis are regrouping as well. much of their influence is occurring at the informal network through personalities and key figures such as the grand mufti, such as ali slab by, and, again, this leads me to sort of a last observation on elections. elections in this country are still very much at the level of personality politics. why did the national forces alicense win? it wasn't because, i mean, they had this sort of technocratic aura but, again, it was because of the popularity of mahmoud ya a brill. jab ya brill. people know him, he's a wise person. so, again, this idea of actually campaigning on a program or an agenda hasn't really reached maturity in this country yet. people still vote along locale, tribal, family lines and based on personalities. i think i'll leave it at that, and in the q&a i can talk about some of the key institutional hurdles that this country face in terms of the political isolation law and the consti