s&p, fitch, moody's. >> the list goes on. we're proud to be on the list.e think obviously there is a need out there. we bring something new, different and fresh. and investors are showing that they're interested. the traders are showing and there's serious adoptions. we're believers but we're also executing on it. >> there's a reason why we have you joining us today is because jeff keswin is an investor in you and your businesses. jeff. >> let me focus on your business, which is really the risk management business. you also have a separate mitigation business. in an increasingly skiddish world, what place does k2 hold? how do you help investors today as they're concerned about risk in the post madoff era? >> what we're seeing is an appetite for independent information, intelligence and analysis. it's post-madoff, it's post-credit crisis. there are so many different elements that investors are contending with. so what they want to do is they want to get more information, they want to get it independently. and that also includes not going to expert networks,

on top of that you've had a series of s&p, fitch, moody's cutting the debt ratings on the company.ou know, but, again, i look and keep saying the same thing over and over again. what does the company say? it's going to take years to turn around. and wall street stretreats it a short-term. >> herb, isn't this whole thing about the new ceo from apple and he's going to re -- >> yeah. >> so i saw the new stores, it doesn't look very different to me. numbers don't look great. >> it's a process. the numbers aren't going to look great right now. >> takes a while to turn around. >> but they added a lot of market cap on in advance of this and i think maybe they're getting disappointed it is going to take so long. >> people always buy on the story. they buy on it and passion it out. you watch. >> how about a pina colada. up about 12% on earnings. we're ahead in the second half of the show. >> actually, pretty nice this saturday. we're going to go to home depot. buy some wallpaper. maybe get some flooring. stuff like that. maybe bed, bath and beyond. i don't know. i don't know if we'll have e

s our economic woes however there was no applause from a ratings agencies with moody's declaring athens in default on its debt and another firm fitch has downgraded greece to a restricted default status chris wafer chief strategist at investment firm troika dialog says there's a bigger threat hanging over not only greece but all western banks. frankly this is no longer about greece what's at stake here is the bigger picture in europe is that if there is a technical default if that's what it's called then they would put at risk the whole basis of the c.d.s. barkha the c.b.s. market is essentially the bond insurance scheme that banks use when they take out the invest in bonds in one country in the very effectively paid insurance premium reflecting the risk of default in that country so the c.d.s. way is aware of the insurance premium moving up and down is what gives is a measure of how risky one country's debt is relative to another so if there's a technical default in greece it means that the c.d.s. spreads didn't work and therefore there's a question mark over whether or not to see the

s classes. it's a healthy recipe. >> great to have you on the program. mercedes benz ceo and moody'sand deposit ratings. we have the details coming up next and the breaking news on what's happening in europe. stay with closing bell. paperless discount. paid-in-full discount. [yawning] homeowner's discount. safe driver discount. chipmunk family reunion. someone stole the nuts. squirrel jail. justice! countless discounts. now that's progressive. call or click today. anything? no. ♪ how about now? nope. ♪ [ dog barking ] ♪ ♪ [ male announcer ] the chevy silverado. ♪ [ male announcer ] with best-in-class 4x4 available v8 fuel economy. finally! ♪ [ male announcer ] from getting there... to getting away from there. chevy runs deep. to getting away from there. at liberty mutual, we know how much you count on your car, and how much the people in your life count on you. that's why we offer accident forgiveness, where your price won't increase due to your first accident. we also offer a hassle-free lifetime repair guarantee, where the repairs made on your car are guaranteed for life, or they'r

that we will hold on to that aaa, get it back from s&p and we will be just fine, but we have to execute the. >> host: a mark zendi, chief economist at moody'sconomy. thank you so much. >> guest: thank-you. at some point the federal government has to be able to say to a private business that was critical of research for the real depend on an enemy might attack, we have to be able to say to them, you have to meet this standard of defending yourself in defending a country. it. >> in the year 2010 the estimate is that there were 3 billion cyber attacks on private and government computer systems, 3 billion. so this is the thread that is growing exponentially. we simply must address it. >> senator joseph lieberman and susan collins, the chair and ranking member of the homeland security committee to other cyber security bill differs from others to be considered the spring. the communicator's tonight it:00 eastern on c-span2. >> now a portion of the speech by the japanese ambassador to the u.s. his remarks from one year after a powerful of quicken tsunami said of the nuclear crisis and killed more than 15,000 people. you can see this event in its e

s are welcome. i would like to congratulate duane at the savannah river nuclear solutions and dr. terry of the savannah river national laboratory. i'm also very proud of dr. moody's efforts in creating such a fitting environment to host this technologically advancement at no new cost to the taxpayer. congratulations to chief engineer gordon simmons and dr. cross for their article on the biomess and small modular reactors in this month's "the military engineer" magazine. in conclusion, god bless our troops and we will never forget september 11 and the global war on terrorism. the speaker pro tempore: for what purpose does the gentleman from tennessee seek recognition? mr. cohen: to address the house for one minute. the speaker pro tempore: the gentleman is recognized for one minute. mr. cohen: thank you, mr. speaker. last night i rested very well on my sleep number bed. knowing that the company had pulled its ads from rush limbaugh's show. in light of limbaugh's recent misogynistic attack on georgetown student sandra fluke's fight to obtain affordable, legal birth control for women, i have been drawn to the important part that advertisers play in politics. the use