could not be to blame reggie middleton will be on the show to talk about it remember he laid out all of the problems with facebook's valuation on this show long before the i.p.o. and mother aside this facebook case may be illustrates some problems with this. very very. you know. i'm talking not about fighting actually i'm talking about the chinese wall the one that's supposed to exist and wall street firms separating research analysts from investment bankers and i want you to remember washington tore down this wall entirely in some cases it appears going forward with the misnamed jobs act we'll talk about it and this is a perfect day to bring back the very in demand word of the day it is herd mentality and it doesn't pay to follow it will explain why let's get to today's capital account. it's been a week since last friday when the facebook i.p.o. shocked retail investors when one of the biggest stock offerings to ever hit wall street was a major disappointment you can see some of the headlines there that were hyping it ahead of the i.p.o. saying that facebook was meeting the hype wit

we'll have more with reggie middleton on that but first your closing market numbers . we just put a picture of me when i was like nine years old on the truth. i think i am. i love dr mahathir has a plan for. how he was kind of the guest today. i'm very proud of the year has played. the odd. oh. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else here sees some other part of it and realize that everything is ok. i'm charging welcomes a big picture of. what drives the world the fear mongering used by politicians who makes decisions to break through it's already been made who can you trust no one who is imbue it with a global missionary zeal where we had a state controlled capitalism is called sasha's when nobody dares to ask we do our t. question more. all right switching gears from one bubble or micro bubble to possibly another we'll see let's talk about the bubble of interest surrounding the scheduled facebook i.p.o. later this month look at this here's the coffee's lee j.p. morgan one of facebook's underwr

we'll have more with reggie middleton on that but first your closing market numbers . all right switching gears from one bubble or micro bubble to possibly another we'll see let's talk about the bubble of interest surrounding the scheduled facebook i.p.o. later this month look at this here's the coffee's lee j.p. morgan one of facebook's underwriters for the i.p.o. that's very cute now the company is expected to kick off the road show monday for its initial public offering which is scheduled later this month mid may now it sent an i.p.o. price range that values the company for as much as ninety six billion dollars that is a pretty penny facebook's operating income just for the perspective was one point seven billion dollars last year for two thousand and eleven quite a difference so the question is if it's worth it we're going to bring a regiment in because he has been following this so i'm really interested to get his perspective reggie let's bring you back and this ninety six billion dollars valuation for facebook do you think it's worth it or do you think this is ju

if you ever watched wedding footage is of princess diana or kate middleton you will see the sapphire color is that mesmerizing blue that you do not get often. we have recreated that color. you are

hi max keiser welcome back to the kaiser report time now to go to reggie middleton of boom bust blog dot com reggie melton welcome back to the kaiser report thank you very much all right reggie let's talk tech everyone is buying apple but you put out a report recently saying that they real value in the space is google tell us about it well the real unrecognized value is google you know everybody recognizes value in apple the fact that they make gobs of money is you know indisputable but the problem is everybody owns apple everybody thinks apple is going to grow at the same rate it's been growing which you know is highly unlikely and there's very little in recognizing apple as a matter of fact the only thing that isn't recognizes the fact that apple has a lot of competition and a lot of barriers to replicating its historic growth well google is. think of it as an iceberg with the vast majority of its mass resting under water where you can see it. google is thought of as a search engine and ad agency when realistically google is looking to be the shepherd of data global data all data w

. >> 12 months have now past since kate middleton married the future king of england in london. foster and as cnn's royal correspondent, i've had a chance to watch kate closeup. a senior royal source told me that she's completed her induck shun and has graduated as a fully fledged member of the royal family. it's been quite a wheer. >> kalt >> kate is quite relaxed. >> looks it, doesn't it? >> what's the back story? >> i always wanted to get this picture and i discussed it with them and we knew it was touch and go whether we would get it. everyone behaved so well in the previous photographs. we were lucky enough to have a few minutes to do this. i said to catherine, should we go for it? and she said yes. from getting the yes to do it to taking that picture was about 30 seconds. but there's a sense of calm about it. every single character you see in here, whether tom or billy here, and these two, they're just leaned in towards each other. that is genuine spontaneous character. that's why i love this picture so much. >> william and kate had announced their engagement less than six

is this pippa middleton's first fashion fail? she was at another wedding and nobody is raving about this outfit. i like it, but that is my poor fashion sense. >> i'm not going to give my opinion on that. >>> we are going to start this morning with the triple threat of sex treatment weather this weekend. check this out. three pieces of video. this is tropical storm bud hitting land overnight. and these are the hard rains hitting the caribbean overnight, from beryl, not hitting florida. and this is one of the wildfires in the country as a massive heat wave settles over half of america. ginger, good morning to you. >> good morning to you, dan, the heat is going to be the headline here in the states. tens of millions of folks are going to feel like july. not just the height but the humidity, for cities like chicago, that will end up in the upper 90s. that is where we find alex perez live in chicago this morning. >> reporter: good morning. for a lot of people, this is the type of weather they had been hoping for this week. for a big p

side of the story new book about prince william clams serious cold feet prior to marry and kate middletonte middleton wanted more commitment book titled prince william born to be king. environmental assessments felt from the disaster fukushima dai-ichi more than one year later retracted contaminants found in blue fish tuna all of the united states coast born on the japanese coast swim east to california radioactive cesium 137 measured levels 10 times higher than in previous years well below safe to eat limits set by united states and japanese governments. memorial day travellers bracing for the worst $5 per gallon gasoline but it never came to think of a triple a reports national average for regular $3.64 per gallon down almost one nickel since last week averaged $3.84 chicago remains one of the highest in the country $4.23. prices below what we were paying the same time last year 12th straight day gasoline prices have gone down. facebook getting into the smart phone market according to reports in the new york * facebook reportedly hired more than half a dozen former apple engineers who w

pippa middleton is considering trading in big ben for the big apple.quare. why would the sister of the future queen consider a move to a city that includes queens? maybe she's a "seinfeld" fan. and if not for -- >> the summer of george. >> reporter: but the summer of pippa. maybe she likes "sex and the city." the show that is. >> hello, lover. >> reporter: we'll let you decide if she's more carrie, charlotte or miranda. how about the city of linsanity. is pipsanity next? brittany says pippa would fit in nicely. you think it would be different for her here? >> yes. i think the americans are much more easygoing. >> reporter: and if she needs work? >> she can work here. she can be a waitress. she's not going to get any family discount. >> reporter: how will she be received? no comment from tim tebow. but he no doubt would say -- >> i'm very, very excited about it. >> reporter: for "good morning america," john berman, abc news, new york. >> we could give her a better offer at "good morning america." >>> coming up, josh has "the play of the day." >>> and ho

kate middleton dazzles during a night out. >>> plus, how a pit bull put her ow >>> kate middleton wowed attended a black tie dinner with hubby prince william in london last night. the duchess stepped out in a cream-colored gown with a slit on the side that exposed her leg, a rather large portion of the leg. the top of the dress was a bit more modest with its high neck and long sleeves, and you can't see them, but on her feet, a pair of mile-high silver jimmy choo sandals. some observers say it's really one of the raciest looks she's ever had since coming into the public eye. >> not aguilera racy, though, we should say. >>> hey, a former miss usa avoided time behind bars. a judge sentenced her to probation and community service for drunk driving. she must also attend an alcohol safety class. in december, the beauty queen was arrested in michigan. police say her blood alcohol content was more than double the legal limit. she pleaded no contest to driving while visibly impaired. in 2010, she became the first arab american to be crowed miss usa. >>> a daring and devoted dog comes to the res

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. >>> kate middleton scores gold in teal at the olympics gala. live report is coming up here on "weekends with alex witt." ovt but centurylink is committed to being a different kind of communications company by continuing to help you do more and focus on the things that matter to you. some aerosols may just mix with them. can febreze really remove it. we asked real people what they thought. [ moderator ] take a deep breath for me. describe the smell. it's very pleasant. fresh. some kind of flower maybe? [ moderator ] remove the blindfold... awww, oh yuck! i didn't smell any of that! [ male announcer ] febreze air effects doesn't mix, it actually removes odors. [ laughs ] wow, that's incredible. [ male announcer ] so you can breathe happy. guaranteed. >>> welcome back to "weekends with alex witt." today the president will honor police officers at the white house and mitt romney will deliver the liberty university commencement speech. meanwhile, both are trying to get back on message following unexpected news. joining me live is mike have a caro ba

. >> it is the largest gathering of four royals since prince william mary kate middleton.t was held to mark the queen's diamond jubilee. >> that kind of looks like your luncheon? >> the food was not quite as fancy as mine but close. >> there's hope for those that have been tough on their bodies. >> and health watch, a dye pack and turn back the clock and restore your body.

we're talking about pipa middleton of course. neil shawn is with us from london.re did all of this come from, and is new york city the logical place where pipa might land? >> well, if i was in new york city i would be adopting the position now. what she's going to be doing is launching the book more or less the book she paid a lot of money for called "celebrate" about how to sort of put on the best parties and social skills, she wants to launch it in new york in america because of course she knows the royals are popular there as do her publishers. rather clever. over there if it sells there is more chance of selling more over here too. so brace yourselves. >> so america is ready, i think our paparazzi will be ready. they love a new challenge. let's talk about the reasons why she would consider making at least a transfer to the states for a while. more than just the book? >> reporter: well, you know, once again, spot on. basically she's had quite a lot of bad press here. and if you recall the incident when she was at a party in paris, that didn't go down well. she

if you ever watched wedding footage is of princess diana or kate middleton you will see the sapphires that mesmerizing blue that you do not get often. we have recreated that color. you are getting almost a princess style cut with the setting on top of it. i absolutely adore this ring. if you love color and blue on a recent survey when you ask american women what is their favorite color? overwhelmingly blue. >>host: colored gemstones as well. >>guest: diamond is first and then blue. if you always wanted a sapphire ring and do not have one or you have one but they are so small stones with carbon deposits, do this.you want something with vibrancy and light that really looks like what a sapphire is supposed to be. you are getting that catch mareblu sapphire and the two-tone as well. incredible--kashmir blue. i am looking at these prices, a lovely peach blush outfit. what we are wearing today i bet is more than $99. >>host: and by the way this is queen latifah coming up. between that and my pants, more than $100. >>guest: my top by itself is more than two of these. >>host: this will sell

between hamilton and middleton. obama will attend at three events to support his re-election bid. if you want to attend, you are going have to have a healthy bank account. the redwood city event tickets start at $250 per person and for $7500 you can be photographed with the president backstage. it starts at 6:30. obama will be speaking at a roundtable in palo alto and attend a dinner at the home of lisa and doug goldman. he is the son of levi strauss' heirs. this bay area swing, of course, expected to raise millions of dollars easily. reporting live in redwood city, christie smith, "today in the bay." >>> new poll for nbc news in "the wall street journal" shows race to the white house tighter than ever. president obama and mitt romney in a stay ttistical poll. >> reporter: president obama has a power-point lead among registered voters in "the wall street journal" poll. he holds a big lead among women, youth and hispanic voters. >> people like him personally but pes miss billion the economy as well as the nation's direction are weighing down on the president. >> reporter: he's tied

robin middleton of columbia university, new york, has developed a highly original approach to the architecturef the 18th century. the first design for this floor was a simple checkerboard without these dynamic directional indicators, but all that was to change as the building took form. the interiors here are amongst the first works of a brilliant architect of the period--robert adam. he wanted to design like a landscape gardener. he writes of the rise and the fall of the hills and dales, but especially of the movement between them. these effects he wanted to get when he put his masses together. these were notions of picturesque composition. he uses them outside and inside. when he uses his moldings and his patterns, he's modeling spaces, and he's trying to show you how to move through them. let me show you what i mean. well, you won't be surprised to learn that that door leads off to the duke's private apartments. the niche here is large, soft, intimate-- well, almost. at the other end of the hall, something different happens. a dynamic pattern on the ceiling and on the floor leads you into t

existed until after lyndon johnson died when the assistant lead the then director of lbj library hare middleton know they were in at vault somewhere. when the johnsons decided when mrs. johnson consented to opening them in the 1990s, they had no idea what was on the tapes. absolutely no idea. and as you listen to them, i think they shed very positive light on the johnson legacy. when you look at the johnson legacy, i think the end of miss administration people were preoccupied with vietnam. it was the big fact of our foreign policy in the domestic policy. but clearly i think civil rights is as vietnam received in the memory the legacy of civil rights is clear every more present in a daily lives and i think will lead to his not only reassessment but indication. there's one conner conversation that's in the book where he's given the johnson treatment in person to george wails alabama governor. it's a remarkable -- at the pivot toll moment in history. i don't know if you care to read it to the audience. it's on the left-hand side there. >> guest: i'll be happy to do this. >> start here. >> guest:

"the new york times" reporter drew middleton actually said that it was the biggest, greatest double-crossn the history of journalism. which is an interesting thing for a journalist to say because we all know in journalism school you don't say something is the greatest and biggest or anything else but he was pretty goddamned mad. so he -- he made this rather hyperbolic statement. tom believes that, in fact, the times was probably clearly one of the more powerful forces that was moving against kennedy. at any rate, he was brought back to the united states, recalled, and there wasn't a summary execution. he was fired slowly. and essentially disappeared from the ap. he could have, i think, is

"the new york times" reporter drew middleton actually said that it was the biggest, greatest double-crossn the history of journalism. which is an interesting thing for a journalist to say because we all know in journalism school you don't say something is the greatest and biggest or anything else but heaves pretty goddamned mad. so he -- he made this rather hyperbolic statement. tom believes that, in fact, the times was probably clearly one of the more powerful forces that was moving against kennedy. at any rate, he was brought back and there was than a summary execution. he was fired slowly. and essentially disappeared from the ap. he could have, i think, is probably fair to say, saved his job if he had recanted. if he had said i really made a mistake and i shouldn't have done it. this he refused to do. and so if you buy the argument that tom and i make which is he did the right thing, we believe it is an act of great journalistic courage, and it also has lessons for today because some of the things that made this particular story possible don't exist. you know. the -- military censors c

back to the kremlin bloody middleton becomes the first russian president to step in for a third term as he's inaugurated during a lavish ceremony. at the celebrations in our shoes in new measures to make the government more transparent and interactive. francoise learn who wins the french presidency as he promises growth instead of austerity while nicolas sarkozy falls under the weight of france's mounting debt. foreign arrests a leading human rights activist just days before his interview with julian assange airs on our t.v. you can watch the controversial show here on tuesday.

." >> reporter: prince william's marriage to a commoner, catherine middleton, was dubbed a modern-day. now, the duchess of cambridge can take notes from someone who knows a little something about how to be incredibly public, while remaining intensely private. the queen, your grandmother, has never done what we're doing now. she's never sat down for an interview with a journalist. why do you think that's the case? >> because you ask lots of questions. >> and you can watch katie's full interview with prince william, prince harry and the royal family next tuesday, a two-hour special edition of "20/20," the jubilee queen, with katie couric, at 9:00 p.m. eastern. >>> and we thank you for watching tonight. we're always here at abc news.com. "nightline," of course, later. and we'll see you again tomorrow night. until then, have a good evening. good night. this country was built by working people. the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's p

everywhere we've talked about it on the show before we've talked about it with people like reggie middleton who was not enthusiastic about this company at all said this is a story stock and overvalued all these things i know you have some concerns about facebook what are they. talk about anticlimactic i think of it a sort of more with a whimper than a bang although they'll be pundits that will talk about how it all worked out really well and they'll talk about the numbers in the billions but it turned out that at the end i think the underwriters had to support the price just so that it stuck at thirty eight dollars the opening price so that just goes to show how many people are involved in making this. a reality true story stock and you also talked about some problems with the actual company and and how much people have been able to look under the hood and been able to learn at this point about how it's run and also the control that the c.e.o. has. what you're concerned that a spokesman around facebook's been around for a little while longer than most most of these yet it just now filed jus

." >> reporter: prince william's marriage to a commoner, catherine middleton, was dubbed a modern-day. now, the duchess of cambridge can take notes from someone who knows a little something about how to be incredibly public, while remaining intensely private. the queen, your grandmother, has never done what we're doing now. she's never sat down for an interview with a journalist. why do you think that's the case? >> because you ask lots of questions. >> and you can watch katie's full interview with prince william, prince harry and the royal family next tuesday, a two-hour special edition of "20/20," the jubilee queen, with katie couric, at 9:00 p.m. eastern. >>> and we thank you for watching tonight. we're always here at abc news.com. "nightline," of course, later. and we'll see you again tomorrow night. until then, have a good evening. good night. captioned by closed captioning services, inc.

we've read the press reports of soccer balls found on the middleton island in my state and the fishing floats and styrofoam insulation washing up on kayak and montague islands. these are mostly the high windage item which float high in the water and are pushed by wind. then there's the ghost squid boat which was sunk by the coast guard. i want to thank you, admiral, for doing that. evening the harley-davidson which washed up in brit irk columbia. from alaska to washington the reports of tsunami debris are coming in. including reports of containers of hazardous materials such as oil and solvents, not surprising when you consider that entire cities, their gas stations, garages, warehouses, stores and industrial plants all washed into the sea and now becoming a threat to our shores. one of my constituents, chris pollster of the gulf of alaska worked on marine debris issues for most of the last decade. he described the debris as a slow motion environmental disaster that will far exceed any single pollution event to hit the west coast of north america including exxon valdez and the santa ba

have been avoided if these retail investors watch capital account in the beginning of may reggie middleton laid it out very plainly. it takes a good story stop you do it to a very very good salesperson and what do you have you create froth ok now froth and investment potential not necessarily the same thing no matter what makes the price to sales price to earnings enterprise value cash flow facebook is grossly over value what the. under was the trying to push it. so when you have plenty of people crunching the numbers coming out saying things like that and the very public ways there is no case for these small investors just don't follow the herd do some research they should be really bust blog and not listening to their to suck to their to their to yes the border. down the river examining the stock which is not being suckers but that's why we have religion yeah and that's why we have no more time thanks for watching the show be sure to come back tomorrow and in the meantime you can follow me on twitter at lauren lyster give us feedback at youtube dot com slash capital account and have a gr