mr. o'brien -- >> no, no, no. so i visited bats, -- >> no, you did not. that is absolutely false. >> that's not false. i toured it. i toured the place. >> that is untrue. >> what do you mean, untrue? i was there. >> give me a date. what date? >> february 5th. >> what year? >> 2013. >> we will follow up with cnbc about where michael lewis was on february 5th, 2013. were you in kansas city or new york? >> i was with brad when i visited. >> you were in kansas city on february 5th, 2013? that's where we're located, by the way. >> no, no, no. i wanted to see where the high frequency traders hooked up. >> you go to a data center, going to a data center and standing outside and saying you talked to us is not the same thing. be honest with yourself. >> so the other thing, so the question was, there is actually no point in talking to somebody who is just throwing dust in the air. he wasn't actually the head of bats when the stuff i was describing occurred. i tried to get to dave cummings, one of the founders of bats, because i was curious why they positioned it ou

mr. o'brien. he basically sat back like a lot of us and just watched the fist fight. >> that is where the battle is. the battle is right here on the floor of the new york stock exchange. over how the future of trading is going to take place and whether or not we have disenfranchised the retail investor who now does not trust wall street. >> good point, sue. >> we both tried to clarify from mr. lewis that he is not telling everyone it's unsafe to invest in the market. he tried to distance himself from that. but i think you will agree, sue, that was certainly the implication and a lot of people are very upset about that. >> absolutely. we tried three or four times to get him to clarify it. but then brad said when he was pressed by bill o'brien, do you think the markets are rigged, he said yes. so i mean, given the profile of michael lewis, i think if anything is going to get the s.e.c. to open this up and take a look, bob, at what you suggested, the mns rule, that might be it. >> i think you will se

to set a record one hundred and fourteen million euro in debts associated with the hospital to mr o'brien. i was content for the price has more in this story for a link to this decision to change the ownership of the beacon one the university of pittsburgh medical center in memory can add fish has operated the hospital since two thousand and eight. but it's picked up debts with the dog and fourteen million euro and talks with its bankers over the last fifteen months of failing to restructure about this and b i'd take this and seen in a loss of nine point eight million euro than in two thousand twelve salsa bank has decided to sell the debt to it does is contents of trying he acquires unknowns and takes control of the house from next monday at the seat of the stuff of two hundred consultants they're being told no in a briefing of what will happen to them open it mean for the staff and for the hospital. i think you can expect it to go to operate as a going concern certainly and it has a turnover of less of me mean you announced here is a very busy hospital the tumult in fourteen games over

mr. o'brien, why release pallard now? >> they may have to play this card. it's something that the president has the authority to do whether it's good or bad for the united states or the process is another question. >> they have a lot of riding on it, in other words. is it a sign of weakness to consider this? >> look, pallard is up for parole next year, and he has already served a long sentence. now he's traitor, he committed treason against the united states. he's properly in jail and is being punished. the perception of weakness comes in really two parts. number one, if the release of prisoners that have gone through the u.s. justice system in dealings with foreign countries that undermines the american system. if we start trading terrorists and spies for foreign primarily goals that's a road that america really has never gone down and shouldn't go down with some minor exceptions in the cold war in trading folks with the soviet union. the fact that we have to lean on an ally as close to israel and free a prisoner to get an ally to do something that is in t

mr. o'brien was saying how wonderful bats is, when so many of the small trades get jumped ahead of.re talking about the t-rexes that are operating at liquidnet. we're not talking about 200,000-share prints, 35 lots, 200 lot, even 500 lots, moving markets or at least people trading ahead of them over and over again, trading ahead of the entry and exit of all of these trades. that's why i'm against that form of high-frequency trading. >> i agree with that 100%. you have to assign some of this blame to the s.e.c. for approving all of the different order types that are all of these exchanges use and help to facilitate this type of trading. from our perspective, we did something that's not brain surgery. there was a wholesale community that resulted from the big bull market starting in the '80s. and you have to create a wholesale market to allow them to trade efficiently. you eliminate a lot of the signals that start the high-frequency trading against them. >> seth, we're going to leave it there. great to get your perspective. let's stick with hft here. there was unusual trading in share

mr. o'brien? >> i said i'll be there! one more minute! [ beeping ] >> wow.ly american hustle. amazing. we have to see how thomas gets ready. can we see how thomas get ready? how perfect he is? >> wow. >> wow. is that in the budget to have the special services? >> got to make sure it's all good. >> thomas, you are a handsome man though. >> he is. and look -- >> donnie's not far off, right? >> but it's thomas. >> look at that. look at that. he's a man-bot. [ laughter ] >> was that blue steel? >> it was zoolander. >> it's straight out of a -- >> and his hair -- >> was real. with a little saoldering and glue. you too can look like this. >> coming up at the top of the hour, we've got nicole wallace. [ male announcer ] this is jim. a man who doesn't stand still. but jim has afib, atrial fibrillation, an irregular heartbeat not caused by a heart valve problem. that puts jim at a greater risk of stroke. for years, jim's medicine tied him to a monthly trip to the clinic to get his blood tested. but now, with once-a-day xarelto jim's on the move. jim's doctor recommen

mr. miles o'brien, cnn aviation expert.why we should all have grace confidence in the pinger locator possibility? >> sure, it sounds like they heard the right megahertz. the reputation, 37.5 megahertz. they were found not once, but price, repeatedly, if it was a sporadic event like the seismic air hammer it wouldn't keep going for over a two-hour period. and it's in the place where inmarsat told us it's the place to look. it looks very promising and it is not the sound of marine life unless they happen to be wearing watches. so i think this is very promising. very well may be it. >> miles o'brien, do you recco those concerns no pun intended. it is not whales with air guns, seismic air gun, or do you think it's the pinger? >> when i hear they have a two-hour fix on this pinging noise that inspires quite a bit of confidence. it's at the very deep end of the location, it's right at the ragged edge of equipment on scene. the question is, can they get to the wreckage that is there, with what they have there. or do they need to b

mr. miles o'brien, science correspondent for pbs "news hour."con nekt of narrative when it comes to these investigations? the prime minister says he's really confident they're within miles and then he says there's no break through. the malaysian military says they scrambled jets. the ministry of transportation denies the report. is this unusual coordination or is this novel in terms of its awkwardness? >> i won't say novel in terms of awkwardness. it has put the awkwardness at a level much higher than we're used to in aircraft investigations. but the malaysian authorities have had the most disconnects. i think the prime minister was doing what politicians and prime ministers, i guess, do. but angus houston has been fairly positive in his briefings as well. the head of the search task force. i don't really see the prime minister's message as too very different than angus houston's. >> we'll give the nod to the australians for now. they seem to be more on the up and up when things are said. miles, looking at the other side of the investigation, th