mr. goldman loved his family a lot, didn't he dad? he sure did. why he had state farm life insurance. like you. so his family never has to worry, right? mr. goldman didn't have life insurance. why not? well, he's just a goldfish. ignore him. [ male announcer ] you've got questions. your state farm agent has answers. backed by the life insurance company millions of moms and dads already trust. we put the life back in life insurance. jamie mcmurray: a boy born in joplin, missouri, was fascinated by anything with wheels and a motor. the odds of him winning both the daytona 500 and the brickyard 400 in the same year? 1 in 195 million. the odds of a child being diagnosed with autism? 1 in 88. i'm jamie mcmurray, and my niece has autism. learn more at autismspeaks.org/signs. >>> welcome back. we're live in boston tonight. investigators in massachusetts are taking a new look at an unsolved murder case from back in september of 2011 in light of what they're hearing about the dead bombing suspect, tamerlan tsarnaev. three people were killed back then in se

mr. goldman is with us. there is enough evidence. this is not about prosecuting this guy at this point.hat does he know, who is financing, who is connecting, who else may be involved. is this an ongoing terror plot? are there other cells that are out there and are there any foreign links? this guy ought to be right now be interrogated in a very intense way. >> right. and the problem that we've got here is there is this confusion out there that somehow he is declared, which the president is not going to do, to try him as an enemy combatant, he doesn't get a civilian trial. of course he does. senator graham said what would have been the case if he was declared an enemy combatant, and if he thought it was en unjust. it would have given us intelligence on a much deeper level. here's the issue. i've worked with the justice department and the treasury and i have a lot of respect for the agencies and the fbi. but here's the question. are we worried about prosecution wishes is an easy case here, or are we worried about intelligence gathering? if we are worried about intelligence gathering, to m

mr. goldman didn't have life insurance. why not? well, he's just a goldfish.e him. [ male announcer ] you've got questions. your state farm agent has answers. backed by the life insurance company millions of moms and dads already trust. we put the life back in life insurance. of mild to moderate alzheimer's disease is exelon patch. now with more treatment options, exelon patch may improve overall function and cognition. your loved one can get a free 30-day trial. and you can have access to nurses. it does not change how the disease progresses. hospitalization, and rarely death, have been reported from wearing more than one patch at a time. the most common side effects are nausea, vomiting, diarrhea, fall, loss of appetite or weight, application site redness, and urinary tract infection. the likelihood and severity of these side effects may increase as the dose increases or if patients weigh less than 110 pounds. people at risk for stomach ulcers who take certain other medicines should talk to their doctor as serious stomach problems such as bleeding may worsen

mr. goldman didn't have life insurance. why not? well, he's just a goldfish. him. [ male announcer ] you've got questions. your state farm agent has answers. backed by the life insurance company millions of moms and dads already trust. we put the life back in life insurance. email marketing from constant contact reaches people in a place they're checking every day -- their inbox. and it gives you the tools to create custom emails that drive business. it's just one of the ways constant contact can help you grow your small business. sign up for your free trial today at constantcontact.com/try. >>> welcome back. we're live in boston tonight. investigators in massachusetts are taking a new look at an unsolved murder case from back in september of 2011 in light of what they're hearing about the dead bombing suspect, tamerlan tsarnaev. three people were killed back then in september of 2011, including tamerlan's friend and sparring partner. the district attorney said at the time that it was not a random crime, that the victims and killers appear to have known each o

mr. goldman didn't have life insurance. why not? well, he's just a goldfish.uncer ] you've got questions. your state farm agent has answers. backed by the life insurance company millions of moms and dads already trust. we put the life back in life insurance. milthe people of bp made a commitment to the gulf., and every day since, we've worked hard to keep it. today, the beaches and gulf are open for everyone to enjoy. we've shared what we've learned, so we can all produce energy more safely. bp's also committed to america. we support nearly two-hundred-fifty thousand jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. turner, especially fans of this network. i spoke to my former boss today about his life and accomplishments and coming out about him called "last stand: ted turner's quest to save a troubled planet." >> i dedicate the news channel for america, a cable news network. >> on june 1st, 1980, ted turner sealed his place in history as the inventor of 24-hour tv news

mr. goldman. me andk you for inviting thank you for holding a hearing on such an important topic.ow me to begin by associating myself with what you and other members of the committee have said about it, and horror that it was quiteoston impressive. to assess that i also it missiles with the chairman's remarks about the department of state's representation. as late as the summer of 1999 i was the only one employed by the u.s. government working on the russians and soviet union. theas my hope that after soviet team and can impart a number of people who would be working in those areas and have expertise on it would grow and we would all benefit from it. it is probably inevitable that when something we know little about our people come in, that we jump rather quickly to oversimplification space on our knowledge for so -- based on our knowledge from elsewhere. we have had people use terminology which has been imported without much saw about what it means. without much thought about what it means. understand what is going on leslie be in a position where the two tied it and lest we be m

mr. taylor said it was a desire to increase his rep ewe taegs and compensation at goldman sachs that led him to accumulate an unauthorized $8 billion position. he tried to cover it up but was later found out. in a statement that was released after mr. taylor entered his guilty plea, goldman sachs said they were very disappointed in the unauthorized. he cost goldman $118 million. >> now to a big pay cut for jc penney's embattled ron johnson. the man at the top is paying for it. this is quite a slash in pay. >> this is the way that a lot of people think that it should work. directly tied to the company's success as the market defines it, the ceo should prosper or flounder right along with the shareholders. 2012 was a rough year for jcp. he received no stock awards like he did in 2011. 2011 compensation totalled 53.3 million. done partially to compensate him for the $50 million of apple stock that he would have vested. >> very interesting. going get $52 million in stock from jcp. restricted shares. i wonder if that stock is worth anywhere near 52 million? >> almost nothing near. he can't exe

expectations, goldman right now down 1.4%. michelle, over to you. >>> mr. world, you sold your goldman position this morning after holding it -- >> i have had it for quite some time. everything jeff hart cited i agree with the reasons, but the trade revenue was lighter than i expected. i don't have a hold on goldman. my view of goldman is to be a buyer on the buyer of dips i'm outright right now. if it gets between 130 and 135, i'm back again. >> thank you, joe. we'll talk tech now. intel getting set to report earnings after the closing bell. with less than four hours to trade the name, ahead of the numbers, should you be a buyer? mike murphy is the bull. josh brown is the bear. 1:30 on the clock. what's the bull case? >> so much negativity is priced into intel. the stock down at 21 with a strong balance sheet, trading ten times earnings, i think that the negativity's priced in, so any sort of spice or announcement regarding a new ceo could move this to the up side. >> evaluation alone is never a catalyst. intel has been cheap for eight years now. this is an

mr. taylor, a former trader at goldman sachs. in a written statement mr. tronic exchange. an $8 billion plus position in s&p 500 futures. this against the risk guidelines sent by goldman sachs. he entered counter trades, basically manually. however, when he was questioned about this, he also said he made false statements. what this resulted in was a loss of about $118 million for goldman sachs. taylor saying he was truly sorry. now sentencing is scheduled now for july 26th, and it will be interesting to see what the judge decides. this does carry a maximum sentence of 20 years, but during the hearing, the judge was very critical of the government, saying within the plea agreement that was reached between the government and mr. taylor's lawyers the government wasn't aggressive enough. suggesting, of course, that the judge could sentence mr. taylor to either a sentence that is greater. and in large part, he said, the judge because this tould have risked the safety and soundness of a financial institution? a statement released to the press, mr. taylor said he

mr. cramer said, too. is it enough to quiet . >> goldman sachs making a bullish call. when that firm speaks, wall street seems to listen. another line says the risks we emphasize next month and weaker u.s. data leaving less uncertainty coming forward. you have been saying all along that equities are the place to be. to me goldman may be a little late on that. >> we have been looking at this over a period of time. the second half of the year we were going to be at a bester place. so you know what makes perfect sense that goldman is joining that party and coming out with the buy, buy, buy. let's just make sure it's not a good-bye house and good-bye house. >> that kind of bye bye bye. >> they're going to need it for their earnings. honestly, we are not rebounding today because of any rebounding global books. the central bankss a are all active. >> it's not an expansion of global growth going on. this market. >> thanks so much. just ended a little while ago was about an hour long discussion in which paulson hit on two interesting themes. a deal that paulson supported. he s

well for goldman's part a spokesperson for the company said we're very disappointed by mr.unauthorized conduct and betrayal of the firm trust in him. sentencing is set for july 26th. david: most people think that electric vehicles are a modern innovation but almost 100 years ago they were among the most common vehicles on the road. with a company named detroit electric leading the way in sales. now the company eventually went bankrupt but after 70 years it has been revived. and tonight, the company unveil as new electrical vehicle, electric vehicle. they say it is the first electric sports car. with us, albert lamb. detroit electric chairman and ceo. john grun stat, is north american operations ceo. great to see you both. we've got pictures. that is not the whole car but we can show you a little bit of what it is like. albert, first of all i thought the fisker had the first sports electric vehicle. you say no? >> no. i say no because fisker is a hybrid vehicle. it is not a pure electric vehicle. david: i see. >> what we have today is a pure electric sports car. and, but tha

goldman's house. a light-hearted coming by the president during today's lunge is getting a lot of buzz. especially on social media. mr obama praised his long time friend and ally, california attorney general kamala harris. in front of the group of about 250 people, the president described harris as brilliant, dedicated, and tough. he then added, she is, quote, by far the best attorney general in the country. the audience, including miss harris, laughed, but online many questioned why the president even mentioned her looks and they're asking if he would have done the same if the attorney general was a man of not everyone was critical. a male blogger for the "washington post" wrote that the president, quote sporks the god's honest truth and everyone should just lighten up. we reached out to attorney general harris who was not available for comment. >>> today was the day we were supposed to see the first facebook phone. maybe. facebook did roll out something new today. our tech reporter scott budman spent the day at the headquarters and he joins us now. >> not a facebook phone but actually something that makes a lot mor

goldman sachs partners, morgan stanley partners were the top of the market and we had a lot of them. >> that's one of the ironies of mrsr. some of the people who did the best under her were the foreigners who moved to london because of the favor deregulation regime. british industry did need a kick in the pants to some extent. the system which had been in place since 1945 had broken down. even labor party supporters such as myself, would agree to that. there was a whole series of strikes and everything. the argument is that maybe we need a bit of shock therapy. but mrs. thatcher, there was too much shock and not enough therapy. she demolished the unions, introduced a big fiscal austerity program which sent the exchange rate through the roof. that made a lot of british industry uncompetitive and basically wiped out a lot of british industry, which has never come back. so the city of london has had 20 or 30 years of boom until the recent bust. whereas a lot of the rest of the country. a lot of the rest of the uk is still never really recovered from the 1980s. that's one of the reasons why mrs. thatcher, although she's ve

goldman. tickets for that event starts at $1,000. the present returned to the nation's capital later this afternoon. >> mr.mas or ride the yesterday afternoon and spent the day of fund raisers in san francisco. we're learning that, among other things, the president is telling democratic donors, that he wants california representative nancy pelosi to be the speaker of the house once again. meantime, more than a thousand protested for outside the getty mentioned in san francisco, where one of the fund raisers for help. some of the protesters wanted the president to reject construction of the proposed keystone pipeline would transport oil from canada to the texas gulf coast. >> he needs to see the momentum is building to oppose the pipeline. >> however, advocates of the pipeline contend construction of a pipeline would create jobs, and would be more in a deficienergy-effict than transporting the oil by truck or rail. >> we will have a bit on our web site kron4.com and update on our 24/7 news channel, for the lastest news and traffic comcast 193 digital channel 4.2. will also be updating facebook and twitter a

mr. wall street. this is lloyd blankfein on gay marriage. >> i'm lloyd blankfein, chairman and ceo of goldman sachs, andual. america's corporations learned long ago that quality is just good business and is the right thing to do. >> this is not just about him but this typifies where the donor class of the democratic party is right now. absolute consensus as best i can tell on gay marriage, absolutely for it for perm reasons, business reasons, whatever the reasons are. but when you get into questions about the budget i think the donor class' agenda might be very different from where the rest of the party is. >> and in fact studies have shown that if you poll people on key economic issues, they take the so-called liberal side of the economic issues, if you poll rich people, they take the other side of the issues, and it's the -- it's that that most politicians are reacting to. >> if the president is just kowtowing to wall street, that' a bad move since wall street has shifted dramatically -- >> by the way, if i framed that the wrong way, that's on me. i'm not saying this is obama kowtowing to wall street.