mr. kramer? >> and became the conscience of a

mr. kramer goes forward with the suit, which says he was unfairly terminated.ey owe him backpay of 70 to $100 million and sues for defamation of the memo. the memo was a huge topic of conversation on wall street. cheryl: the huge topic anywhere. the circumstances could be anybody, and anyone that is fired. >> he is one of the deans of the investment banking business, doing investment banking since the 1970s, worked at first boston, wasserstein pirrelo, he's created a fairly good firm. we want to see the whole thing. go foxbusiness.com, and get the story. have you michael kramer who might be the best restructuring guy around. one of the best. the starting outfield of restructuring outfits. you are pinning the two players and that memo is interesting. like i said, i've never seen a memo like that. i'm not saying it's right or wrong. cheryl: it was brutal. >> you generally don't put that out. >> great story. >> i'm not saying it crosses the line into defamation, i'm not a lawyer. cheryl: well, they're going to court over it. >> i've never seen anything like that.

mr. kramer? >> and became the conscience of a generation. >> when he hit his stride no one in public life or the media was safe. >> i believe that you helped the administration take us to like the most devastating mistake in foreign policy we made in like 100 years. but you steam lovely. >> he's done a very good job keeping -- he was relentless. >> he is armed with facts and quips that they have no idea what's coming. >> some sort of weird bermuda triangle. questions are answered before they are asked. >> after more than 2500 episodes jon stewart decided to move on. >> i won't miss me. >> he may be about the only person saying that. >> i think he's changed the media and politics more than he will ever admit. but what i will just miss is watching him on tv. >> i got big news. this is it. put a stamp on it. >> jon stewart has left the building. >>> before jon stewart became the iconic host of the daily show in fact before there was a daily show for even comedy central, stewart moved to new york dur

mr. kramer, we're going to do a second round. you could be really quick on the shot clock here. we'll go to the gentleman from new mexico for five. >> thank you for having us here today. chairman wheeler, commissioner pai, thank you for joining us as well. i appreciate the testimony around the rural access. i'm a rural guy. i think congressman walden represents a very rural district. many parts of the country need broadband access and affordability. chairman wheeler, you've heard me say, we can have connectivity at 30,000 feet flying across the united states in an aeirplane, there's no reason we shouldn't have it in rural areas. in new mexico, for example, 77% of those living in rural communities and 89% living in tribal communities lack access to broadband. you pursued an aggressive agenda that includes reforming the e-rate programming, and establishing the connect america fund. can you discuss what this agenda means for people who lack sufficient access to broadband and communication services? not just with buildout, but making it more affordable for people to take advantage.

mr. kramer. this story will develop over the next week. you'll see more people in the firm.te restructuring and it looks like for a tense and purposes this is starting to implode right now. $70 million because he was improperly dismissed. that's where we are right now. the bigger story is what is going on management lies. joe perella, known him for years. great guy. clearly in trouble. i do this every day. this is my job. here's the thing. someone like eric wouldn't read this, wouldn't care about this because these downloading links from starbucks. >> 99% of the people watching are going in this affects me how? [inaudible conversations] >> how does trump effect us? sandra: let's get right to that actually. >> -- egotistical things in the world. sandra: why is it egotistical? >> you were a serious candidate. here's the ridiculousness of it. reporters eat this up like it's good for the country. >> apparently so do some voters. 75% of the people -- sandra: speaking up wage, the fox news poll. there is a new poll out by fox news 968% of americans believe hillary clinton knowingl

mr. mayor, or people will die of. it charges a cbs 2 expose' a safety hazards in jails and prisons. cbs 2 political reporter marcia kramer investigates. >> people will definitely die from either smoke inhalation and/or burns or trapped in. >> reporter: the corrections union president knows what's going on at city jails as well anyone. and he says a report obtained exclusively by cbs 2 on the lack of fire alarms and fire suppression systems at city jails may be just the tip of the iceberg. >> the newest facility that they built is the rose singer wing to it. the fire apparatus equipment is not working. if a fire alarm system went off right now in the housing area, there would be no way of sprinkler system dousing that fire. >> reporter: among the things found in the report to a federal monitor at the north infirmary on rikers newsroom russ life safety issues not being addressed. at the cross center on rikers, the recommendation that special smoke detection be provided in every cell was ignored. manhattan detention center an inoperative system to keep smoke out of stairwells. 30,000 people could be in danger. he lays the b