mr. starnes isn't being designed here. free to walk around the grounds but that's very different from being held hostage. not to starnes. >> the first couple days were very, very tough, nothing physical, more mental type of stuff going on. they are around you anywhere you walk, 14, 16, 18 people following you. >> reporter: his lawyers are negotiating, so far, no deal. what's the first thing you'll do when you get out of here? >> i want to take a shower and shave. i'm only 42 but i know i look older than i am. i'm solid gray. >> reporter: held up in the chinese factory. the president of the american chamber of commerce says this type of situations with hostage takes happen on occasion but rare and said this is not a major problem for the international business community. >> think about that, hostage taking happens from time to time. >> imagine it happening in the united states. >> i could not. >> you don't see security officials there. >> look how much they took it in stride, as well. like don't take this personally. >> is

mr. starns sees they become more militant.ulture of sweat shop countries, they advance, ed, they advance. they start off with a manufacturing labor force, unskilled labor, unskilled manufacturing labor force, that then evolves into a more skilled labor force. that's what's happening in china right now. >> this guy right here is being passed off as a victim. >> yes. >> like it's okay to treat workers and find that lowest common denominator. i find it interesting na the chinese workers were really the first one -- when was the last time we saw a story like this on a global level? this is a global story that's being told. these chinese workers may have done labor the biggest favor that they've ever done. your thoughts? >> well, it's happening in small stories that we don't see. it was interesting that he was put behind bars, that's a great thing. he probably deserves to be behind bars when you take a look at the entire back story, but the u.s. chamber of commerce, ed, has unleashed these starns characters all over the world, wher

mr. starnes actually isn't being detained here. that he's free to walk around the grounds, but that that's very different from being held hostage. not to starnes. >> the first couple of days were very, very tough, nothing physical, more mental type stuff going on. standing around you, anywhere you walk, 14, 16, 18 people following you. >> reporter: his lawyers are negotiating. so far, no deal. what's the first thing you're going to do after you get out of here? >> first, i just want to take a shower and shave. i'm only 42, but i know i'm looking a lot older than i am. >> reporter: hold up in his chinese factory. eunice yun, cnbc, beijing. >> thanks, eunice. an extraordinary story. >>> up next, hot summer homes. the real estate broker to the stars, dolly lenz, will show us which big home offers more bang for the buck. stay with us. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can

mr. starnes actually isn't being detained here. he grounds, but that that's very different from being held hostage. not to starnes. his lawyers are negotiating. so far, no deal. and the president of the american chamber of commerce said that these types of situations happen on occasion where there are hostage takings from time to time, though they are rare, and he did make a point of saying that this is not a major problem for the international business community. brian? >> reporting from a sunny and clear beijing. wow, did you see the air there? >> shocking. it's shocking. >> let us -- i mean, it's awful. >> and that is real. it's not just background. it is real. >> it's foggy. foggy. >> chief international correspondent is joining us -- if i'm an american thinking about opening up a manufacturing facility in china but haven't done so, i'm going to do a double-take because of that story. >> things are different there. we talk about the progress china has made, and absolutely, it has. and yet, what you see there -- you know, she tol

mr. starnes. more on this story coming up in the next hour on "street signs."hort-term pain for long-term gain is the new chinese leadership says it's going forward with some tough financial reforms. our chief international correspondent michelle caruso-cabrera joins us with what's looking like a watershed moment in the history of this country. >> we've been watching now for a couple of weeks a credit crisis in the chinese banking system, been going on for at least two weeks, and we've been wondering what's going on and what's causing this? now and new evidence today sees exactly what we're seeing, could be a watershed moment in china's modern economic history. early this morning in the u.s., chinese central bank acknowledged in a statement for the first time that they had injebted money for some banks to stabilize the system and bring down what had been skyrocketing, short-term rates as banks struggle to find cash. also in the statement they said in the future they will step in again, if necessary, but only to banks which meet the following criteria. they meet

mr. starnes' lunch every day. food. >> their philosophies are a little different than ours. it's not their right to step in and pull me out. >> what more would you want to see from the u.s. government? >> i think u.s. government believe it or not they have been in contact with me, greatly appreciate it. hfrp, we are in another country, we're in china. >> and in china workers have little legal protection and when pushed can resort to violence. until a deal is made, this american factory boss will stay hemmed in. and guys, starnes is not very happy in that he sounds like he is going to be pressured into a deal that he is not really happy with, that he doesn't think is going to be good for his company but that overall he doesn't feel he has many options because otherwise he could lose the entire factory. >> before you go, there are some viewers and myself at some level included that seem a little skeptical of what's happening here in that some people think it's a publicity stunt. he doesn't seem that unhappy for a gu

mr. starnes and fami >> good morning. >> well, i know you got home late last night and you're up early withort night but did it feel good to sleep in your own bed. >> it did. i more laid in the bed. i didn't really sleep but it felt great. >> after you reached a deal with york workers you high tailed it out of town. you were telling me how you did it. sounds like something straight out of a movie. >> it's absolutely out of a movie. a little something happened at the very end there, early morning time. we had one of our, actually, smaller vendors come in that his supplier actually threatened him. as it turned out we're his largest customer and his supplier found out that this was going on and he came and basically passed the threat on to me and so that's when things really kicked in that my heart really got going at that particular point in time. >> you switched cars three different time on your way out of town to the airport. >> yeah. >> looking back at this now, you say that you're going to keep the factory open, are you really prepared to step foot back into that manufacturing plant again

mr. starnes when he gets to new york. >>> in the meantime we have more news at home. i don't know what kind of suit you're wearing, brian. you'll like the way you look. men's warehouse, their founder, george zimmer is firing back today sending a very angry open letter to the retailer saying the company has hurt men's warehouse's value. he writes in part that the board quickly and without the assistance of financial advisors simply rejected the idea, refused to even discuss the topic that would permit me to collect and present to the board any information about its possibilities and feasibility and instead took steps to marginalize and then silence me. it was encouraging the board now to consider a full range of possibilities to maximize shareholder's value. on that note you should know that men's warehouse says that mr. zimmer has had difficulty accepting the fact that men's warehouse is a public company and that he has not been the chief executive officer for two years. kind of would sting if you're the founder hearing him say this. he advocated for significant chang