scandal in london you know when the murdoch papers were doing the same thing they were hacking in these people are actually hacking i was posed but as it's the same same effect you've got to have privacy. for humans but i am not defending the bloomberg journalist i think we've got to realize that we're in a new world digital world and we're going to get clear what the rules are because it's so easy to cheat you've been called the father of reporter's privilege it's what do you see as the current threats to press freedom in the united states frankly as president obama and rosen rosen gave not tell you why because. this is the first time. i hate to use the word espionage act but you know national security act let's say for your viewers has been used to get reporters i mean that really is frightening to try to name because it's usually. used to get leakers and rosen's a leaky to use legal phraseology so if the bomb and ministration releases justice department thinks that they can use criminal laws to get journalists because they're coconspirators i mean honestly that's one of the worst thi

david, so you agree with rupert murdoch then? think it's as drastic a case, but little by little, it looks like people are moving away from facebook and social media, teenagers in particular say that facebook is much less important this year than last year. they're using messaging apps, not just twitter, but little things like snapchat. so they have really moved onward, and when you think about facebook, it took a lot of share out of myspace. so people are a bit fickle over time and may move to a different kind of social media. >> so, roger, you still see value in facebook in the long run. tell us where you think the growth is going to come from. >> well, okay, maria, so first of all, they're much bigger thaç the other services right now. so they're like a utility, like a telephone company. they provide access. and they've got a billion users. now, their growth won't be as great, certainly on desktop, as it was in the past. but day still have a lot of mobile penetration yet to go. and they could easily add another billion users i

who would quit if murdoch bought the paper? and there was a sprinkling of hands which was surprising. who would quit if this guy austin butner and brode bought it and not a hand. ely brode and butner used to be a deputy mayor. he is a democratic deputy mayor of the city of los angeles running for mayor. ely brode is the biggest philanthropist in the city of l.a. he threw a. >> began nick inaugural ball for barack obama. he has his thumb in everywhere. he is getting corporate deals on property downtown. has never run a newspaper in his life. >> doesn't matter. >> and these people say these are active political proponents who don't know about objective journalism and they want to work for them first instead of the evil right wing. >> what does that tell you, diane? >> you are getting to that point. these journalists are already painting the koch brothers as these evil villains who care nothing about journalistic integrity. it is before they have been approved to buy the company let alone issue directives. it is the koch brothers

murdoch graciously revealed his latest enrichment to the political dialogue in america.efunct congressman alan west as the fox news contributor. we're sure this one-term wonder has plenty to contribute. yes, alan west, the man who once compared democrats to nazis should have no problem being fair and balanced. here are just some of his classic classics. >> every time i see one of those bumper stickers, i look at person inside that's driving. because that person represents something that would give away our children. >> i believe there's about 78 to 81 members of the democratic party that are members of the communist party. >> anytime someone has come across your board, they haven't been invited, that can be considered what the founding fathers wrote as an invasion into your country. >> these other women on the other side, these planned parenthood woman, the code pink woman and all of these women who have been neutering american men. i'm here as the modern-day harriet tubman to lead people on the underground railroad into a sense of sensibility. >> this tea party star has

murdoch was one of the mentors. of veterans came and got to mingle. any way, they have an advisement platform. you sign on to the website and you can sit there and hook up virtually with people in the business community across the country to give you advice. how does my resume look? am i asking the right partners. >> that is called american corporate partners. last, virtual jobs fair run by virtualrecruiting.com. >> "fox & friends" and kevin o'brien, this has been a great partnership with him. kevin has been on the show and talked about virtual career fairs. many veterans are disabled. many can't afford to travel to go to job interviews for jobs they're looking for. he set up virtual career fairs. he is somebody who has done amazing things and helped thousands of veterans get jobs. >> three great initiatives. cheryl casone, thank you. where can people find you? >> casone exchanges.com. i'm going to put the specifics and you can reach out to these groups yourself. >> also ffjobhunt at foxnews.com. it is five minutes

not even rupert murdoch would come up with that. we just did that because it is what made us feel good. now we are thinking, with the burning man project -- it is interesting. my partners and i are thinking beyond our lifetimes. it is a bit of a legacy project. which is really interesting, an interesting exercise. that makes you feel differently about the present. so what would make something that durable? what would keep it alive that long? we have been alive and have grown for a quarter-century. it may not be hard to imagine an entire century at all. now we are found in an institution that will house and generate culture, and function as a community. wondering how we can be sure that it is not perverted, subject to internal divisions, will not perish. and that is a really good exercise, too. think about doing something that will last 100 years. >> thinking about the next couple of minutes, we should have questions from audience members. who ever has a

simpson originally published the book with the division of rupert murdoch's fox corporation to the outrage of the goldman family who described it as a way to profit from a thinly veiled admission of murder. the book executive was fired and goldman won rights to the book and all the money it makes. fred goldman spoke tonight line in 2007. >> he's proven to the world for years that he thinks he can do whatever he wants. and the system has let him do it. >> he seemed almost anxious to talk, even joking about drinking too much the afternoon before the botched and bizarre robbery that put him behind bars. >> i had a joke that my doctor says i should never have an empty glass is what i would tell the waitress, you know? we were celebrating. >> reporter: famed trial attorney mark geragos watched simpson's long-awaited testimony today. >> i think so far today he looks a heck of a lot better than he did during the civil trial. today at least so far he's come off as fairly credible. >> years ago, there was concern that putting simpson on the stand could open him up to uncomfortable questions abhis p

. >> the last thing, steve, was surprising to me, is that he's hoping to enlighten rupert murdoch and in a public forum. and no spoilers here, but you talk about the fact that he hasn't given up on trying to convert murdoch to the path of lightness, if you will. >> kind of in general i think history has proven to be on al gore's side. global warming is real. he was saying that 30 years ago, he really is a prophet with a p-h in that regard and this kind of fascinating thing is that he's devoted to business and to making money and to being involved in interesting projects. but he's got this kind of weird missionary side. not weird in any kind of profound sense, but in contrast to the rest of his life. so that he does seem to be willing to go into the wilderness, fly to istanbul. talk to a couple hundred people and he seems willing to convert the world one by one, if necessary. >> al gore. >> delivering the sermon. "new york magazine's" steve fishman. catch the article on stands now. >>> as f. scott fitzgerald once wrote there are no second acts in american lives, but the legendary write

rupert murdoch is meeting with investors node. news corp. will discuss the future of the media giant. the remaining publishing business which includes "the wall street journal" and "new york post" will keep the news corp. name. >>> disney is not the happiest place on earth. australia is. a new report finds the land down under is the happiest place to live. it ranks jobs and education. the u.s. came in sixth. >>> wall street looks to regain its footing amid comments by fed chairman ben bernanke about the bank's comic stimulus programs. investors get information on housing and consumer confidence. back to you. >> thanks, bertha. >>> now to some other business headlines. oil prices have fallen below $94 a barrel ahead of those data reports bertha mentioned. general electric says it's investing billions of dollars on fracking, oil and gas drilling. ge has spent about $15 billion over the past few years, buying up related companies and opening a new lab in oklahoma. >>> canadian drugmaker vallion pharmaceuticals says it will buy b bausch & lomb.

and then i do want to -- a couple of meetings ago christian murdoch gave a presentation about this. i think christian presented what our office is done to-date. investigating to what are our mobile retailers, what is a business type, what is a business model. we are taking a look at planning zoning uses, and we started to do some community engagement so we met with the union square bid to get feedback. we are going to be working on this and putting forward a working group. they have done that. our next step is to start bringing in our key stakeholders to start figuring out where and how we are going to permit the mobile retailers. at the same time we put out an rfp to cast experts, to do a cast assessment on the mobile refill trucks so that we be educated as to what a cast inspector may say around dealing with disability access the gazette maybe information that we have to take into consideration as part of the permit. so i am letting you know this to reiterate it. our office and staff is sensitive to daytime commercial retailers. and really want to develop something that is balance

rupert murdoch on the media. george bush was president. norman lear had his pulse on american culture for 30 years. why cannot figure out how to deal -- deliver a message that is important and happening? >> that is important. we can find messages that speak to people where they are. they can also have some satire like stewart or colbert. there is the idea of exposing with satire. it opens people's eyes to the hypocrisy and corruption of our politics. the problem is you want the captivating stories and images and vocabulary, but a lot of the colbert-stewart stuff is so absurd and over the top that people do not want to get engaged. >> that is where a large number of people get their news. >> i think the obama campaign was a pivotal point, bringing people in. now they leave. there is the possibility that people will come back in. i agree with that movements also have their problems. i think it is a moment of people waking up to the possibility of engagement in different ways, where they are, in communities, finding ways -- it is important no

rupert murdoch will be chairman and ceo of both companies. the target date for the split is june 28th. top retailers are suing visa and mastercard over inflated swipe fees. macy's, target and 15 other retailers are opting out of a $7.2-billion settlement that would have ended litigation against the card companies. instead, they're suing. other retailers, including jc penney, kohl's, and tjx companies, say the settlement is "inadequate" and protects the card companies from future antitrust lawsuits. visa and mastercard are not commenting, but have said in the past that they're confident the settlement will get final court approval. here's a way to keep the shelves stocked: tie executive pay to keep the shelves full. that's the way it may go at wal-mart. bloomberg earlier reported that a reduction in workers had made it harder to keep stores fully stocked, something shoppers like to see and something wal- mart was known for. with in- store sales slipping, the word from headquarters is now "keep 'em full, or else." specifically, if managers and

i want to put up a tweet here from -- rupert murdoch this week. responding to the irs story.ove that rupert murdoch is on the story poll way to handle the irs story is for a special prosecutor. one politicized government investigating another arm, bad week. used the term special prosecutor. i want to talk about it because -- after watergate we had this explosion of independent counsel special prosecutor, lawrence wolf, during the clinton years, it just -- went crazy with it. that seemed to be the standard call by the generation. every time there was any hint of any scandal near the opposition party calls for a special prosecutor, i think we saw with ken starr, lewinsky, clinton stories, people saw the excesses of that. have we reached a point rupert murdoch is calling for it, i'm not hearing this echoed a lot in the political system now. are we past the special prosecutor? >> of course. you are going see the opposition call for a special prosecutor. that's their way of trying to focus attention on this so-called scandal. but -- i don't think you are going to see the obama adm

reporting staff other billionaires are also in the running to buy the paper news corp boss rupert murdoch has expressed interest and just recently bought a new home in los angeles l.a. brode a former real estate developer and democratic party donor is also interested no one knows yet which way the new owners will take the l.a. times. to the polls great to. be a growing number of people in liberal l.a. arsinoe. in los angeles moglen do archie we hear a lot about business lobbying groups driving government decisions but and the report from the food and watch water group says the tables may have turned out after coming through leaked weiqi leaks documents they discovered that the state department has been wildly promoting biotech industry interests abroad and what's worse just may have been using the taxpayers' dime to do it larches mega lopez has more for years now americans have been concerned about the food in their refrigerators and more importantly the ingredients in those foods the debate over genetically modified crops that isn't only playing out in the fields it's being harvested in

as conspiracy theorists but now even the august publication of the dow jones wall street journal murdoch press barron's came out and said that during the april twelfth and fifteenth gold selloff and now this past friday sell off barron's notes suspicious sales of large quantities of gold at low volume guaranteed to get the seller of the lowest price on their cells this is very reminiscent of brown's bottom remember gordon brown telegraph that he was selling a large quantity of hundreds of tonnes of britain's gold he told the market in advance people were front running that trade and it came down to two hundred fifty dollars an ounce as people got in there and it ended up with brown's bottom the worst price in decades so here you have the market doing something similar there telegraphing it's for self they're killing the price that people are jumping on there and dumping it ahead of time what do you think well this is these are diversionary tactics if you look at brown's goal so. i honestly think that we have to look at it in a broader perspective there must have been gold liabilities but

reporting staff other billionaires are also in the running to buy the paper news corp boss rupert murdoch has expressed interest and just recently bought a new home in los angeles l.a. brode a former real estate developer and democratic party donor is also interested no one knows yet which way the new owners will take the l.a. times. do the whole record. for the time being a growing number of people in liberal l.a. arsinoe to the cooks in los angeles for mobility r t. doesn't begin to describe the events surrounding the arrest of an accused cia operative on russian soil this week one tuesday an american embassy worker identified as ryan fogle was apprehended by russian federal security service who detained him under the notion that the third secretary of politics with actually a u.s. cia operative now full at the time of his arrest was allegedly in a blonde wig and a baseball hat carrying a promissory letter of one million dollars and one hundred thirty thousand dollars in cash now russian officials say that fogle was trying to recruit a spa i know photo has been shipped back to the u.s.

a friend of our family name toward murdoch who may later married on a buick convertible, have bought it for $2000 its impact is so that the car and airplane to see how the refueling might work and it turned out, they took some cream cans from a dairy and wired a handle on to appear the off-duty pilot on the rate could reach down and hear things went down the runway in the abandoned air base, whatever direction they wanted to go. the crew at hand at the gasoline and off-duty with pilot would reach it up and maybe for cans during the run would do more and more run until they had enough to last about 12 hours later. later in the end of the flight the wee hours of the morning because the engine was getting tired and they didn't want too much weight in the airplane and a change that. as they made a second front, the off-duty pilot for the gasoline from the two in-house talent can to a research can install it and take up food and equipment and clothing and kicked or whatever direction they wanted to because i think of a status 500 acres of asphalt abandoned. the crew is all volunteer. meal

james murdoch selling shares of news corp. >> that stock's been a total horse and we talk about the debtght? >> little did i know it was technical. >> i don't even know what that means. i don't know what that is. >> freddy krueger meets jason or something? i know it has nothing to do with making money. >> i do know we should watch the ten-year. >> remember "the omen?" what the heck was that? >> yes. >> it was led zeppelin or something. come o the led zeppelin, there, how much is that going to make us? >> there's a look at the opening bell and the look at the s&p 500. participants of the aids walk new york taking place sunday and resource, an independent energy company. it's time to fade the blackberry 10 rally, but not a short, necessari necessarily. the price remains 15. it's a ping-pong stock. this has been held to this level. >> google's an droid. >> google owns its own handset maker which you sometimes forget. >> would you sometimes chide at them for doing? >> they spent $12 billion on it. >> how much did gilead spend? >> i wouldn't compare those two. >> why? contest it for hep c, th

look at the murdoch and akin political races.y still recognize if a woman has been raped or victim of incest, no one should have the right to judge the choice she makes. the problem is while a majority of americans oppose overturning roe v. wade an overwhelming majority also oppose late-term abortions. >> michael: so then hearing what you just said and having read what you wrote, don't you think then that main stream reproductive rights advocates should be doing more to turn this into a policy debate? >> no, i actually think -- i had a very heated exchange with a devout progressive friend of mine who felt very strongly that it is dangerous territory by seeding any ground on something like late term abortions. he said that's the back door. and that's what they want is to get us back there and overturn roe v. wade. >> michael: right. they chip away and chip away. >> but the problem is i think because they have been fearful of that they are applying defense instead of offense. they play defense when a state like north dakota impleme

the picture made the cover of rupert murdoch's "new york post" and sarah palin tweeted, mr.nt, when it rains it pours but most americans hold their own umbrellas. she think this is is a scandal, too. well, miss half governor, i hate to rain on your parade but lots of politicians don't hold their own umbrellas, including a certain half governor from alaska. president reagan had someone else hold his umbrella and so did president bush. look. it's john travolta, apparently president bush went to hollywood for help because when he tried to hold the umbrella all on his own, it didn't work out so well. 40 years ago watergate was a real crisis but today the right wing takes anything this president does and make it is into a scandal. joining me now are joe madison and lauren ashburn. thank you both for your time. >> hi, thank you, reverend sharpton. >> joe, doesn't this show how desperate the right wing is to try to do anything to make the president look bad? >> it is. they ought to open up a few history books and read what watergate was really about. >> right. >> it also shows what

. >> in the rupert measure rupert murdoch, it was so evil that it got people to feel sorry.y one man has all the answers for syria. it's a certain senator who has been right for the past ten years. the guy with a simple plan to simply save syria coming up next. they think this world isn't big enough for the both of them. but we assure you - it is. bites. little greatness. >> john: welcome back to "viewpoint." one last equal question for the panel. which application has disappointed you the most in the last decade, elon james white? >> i'm going to have to go with bloomberg. i was with bloomberg until he decided he was going to become king and become mayor again. >> paul mecurio. >> anthony wiener. he throws his life away, and he never had had actual sex. >> john: think how long it will be before he gets one. >> well, the civil war in syria is a low point for the human race. america has seldom found herself in a more confusing foreign policy position. nobody wants to a more american troops to die in the mideast quagmire and nobody can agree on the morally responsible course o

rupert murdoch says it is losing its cool factor. he was tweeting today.up the myspace fumble, news corporation bought myspace and that didn't work out very well. >> right. liz: two totally different stories. nonetheless you have to people talking about this. it is about facebook. it is not about a fumbled ipo. >> it is what is facebook. they got past the ipo problems. it is about what facebook continues to do to grow and grow revenue. when you look at emerging markets growth according to e-market would be india. i wouldn't call facebook the american motors gremlin of social networking world. liz: of course. >> that is now a hot car. it was a dud for 30 years. but it is hot now. liz: thanks, shape shachlt. russell small cap stock index, really outperforming the s&p over the past month. we don't usually look that short term. look at this, when you start to see the yellow line jumping above the blue line, the russell hitting another new high today. that catches our attention. we brought in a money manager who specifically looks what comes in small packages.

yeah, there are some definite clouds out there, some definite danger signs and we've seen rue purt murdoch parallel to myspace and i'm sure you wanted to say it, i didn't want to steal the line it was amazing he could take a look at the usage fall and see it's very much like what did he pay almost, oh more than half a billion dollars he gave away for $35 million four years later. >> mr. sonnenfeld i have to let you go. thanks for coming on. >>> we want to get back to the other news we've been following throughout the day, the irs scandal hearing down in washington, d.c., where the former acting head of the irs, steven miller, is being grilled once again. let's listen in. >> -- joseph grant was her supervisor. he, too, was located in washington and located in cincinnati there were a number of people a director named halib paz, she was the acting director for a significant period of time that this was occurring and then there were various management technical unit managers and the like and i can supply a full listing of those names at your request. >> that is my request and i would formally

now, an e-mail released by the justice department shows then ceo steve jobs writing rupert murdoch. jobs said, quote, throw in with apple, we'll see if we can make a go of this create a mainstream e-book market at 1299 and 1499. until then, amazon was just charging $9.99 for any book. >>> the online course system now says you can earn a masters degree from computer scientist online from georgia tech. it already offers online classes towards a bachelors. in places like san jose state. this is a win for just about everybody. students online degree will cost about a sixth as much of the same degree if you got it in atlanta, jon and laura. for georgia tech it's going to go from 300 students a year to 10,000. college professors not so much winning. the school plans to hire eight more teachers to handle 10,000. >> look at that ratio. >> thank you very much. >>> right now, we want to get you back out to that breaking news. we have live pictures for you from redwood city. a three-alarm fire causing all that smoke in the air. a lot of flames going up. firefighters on scene trying to knock th

. >> author shirley would house murdoch's next. she talks about her book along this flight, the story of two pilots to embark on a historic endurance flight in an effort to reopen the local air base. there remained in the air for 47 days. >> it was a small airport back in the '20s. the military came in and established a training base during the second world war. originally it was the army air corps and then it became the u.s. airforce, and it was a very active base and it was quite in a tribute to yuma until after the second world war ended and it closed and everybody laughed. we were not a war anymore and it was thought that they did not needed anymore. and the same thing was happening with the proving ground. it was closing down. the little town had about 9,000 in population and it was dwindling because there was no construction. tourism and not been established yet as an interesting thing. the town had not a very bright future. so with a population of 9,001 going, the junior chamber of commerce that something has to be done. we

rupert murdoch's "new york post" published famous editorial days before the election in saying if chris christie doesn't start politicizing the storm republicans are going to hold him accountable. >> john: as soon as the president shows up doing his job. >> if obama goes to oklahoma which the odds are pretty good, right wing media will go crazy. getting in the way. why is he doing this? he can't do anything right. >> the weekend after hurricane sandy, bill clinton was up campaigning for the president. he said you know, y'all tell me not to politicize this but let me tell you, the vision that barack obama has and i'm not going to take a side here but the vision that barack obama has and that the democrats have is a vision that will help us through these sorts of storms because we're going to give aid to the people. so it is politics because if my politics say i'm not going to help flood victims then voters should know that. hey, don't vote for that guy. if you want your house rebuild. >> john: what do we pay taxes for in the first place? i don't remember hesitancy when they went to rebui

the friend of the family named george murdoch who i later married, a buick convertible which is sitting right here, he bought it for $2,800 and he and my brother started practicing with the car and the airplane to see how refueling might work and it turned out they took some cream cans that were two gallons capacity and a handle on to it so the off-duty pilot sitting on the right could reach down and the airplane went down the runway. in the abandoned air base whatever direction they wanted to go and around 65 miles an hour and the crew from the car would hand the gasoline and the off-duty pilot would reach down and pick it up and maybe four can during a run and they would do more runs until they had enough to last about 12 hours later, refueling at 6:00 in the morning and 6:00 in the evening and later near the end of the flight they increased and had one in the wee hours of the morning because the engine was getting tired and they didn't want too much weight in the airplane and they changed that but it would make a circle around for a second run the off-duty pilot would for the gasolin

and back in 2000, rupert murdoch and john malone had merge terrify talks with barnes & noble when theyners. maria? >> thank you so much. so should you add barnes & noble to your books? let's start talking numbers. on the technical side of the story, ari wauld, and john stevenson, with first asset investment management. gentleman, good to see you. thanks for joining us. >> good to be here. >> well, we just heard jane's report. do you like barnes and noble on this report, john? >> i'm out of this, right? >> essentially, it's just a rumor that it might be a takeover. and keep in mind when microsoft bought into this company, into nook media last year, it was valued at $1.7 billion. this has been the story of barnes & noble for the last three years. it spikes on rumors of a merger and acquisition activity and falls back and depending on what's negotiated in this transaction, whether they keep content, you know, are stores involved? do they have some sort of licensing agreement back to the nook products, what is included? it could range in value from $27 a share down to five bucks or maybe e

this as a big deal like there's a i think that's a big deal i mean that's a little bit like there murdoch scandal in london you know when the burnt out papers were doing the same thing they're hacking in these people are actually hacking i was as good as it's the same same effect you've got to have privacy. for you know but i am not defending the bloomberg journalist i think we've got to realize that we're in a new world digital world and we're going to get clear what the rules are because it's so easy to cheat you've been called the father of reporter's privilege it's what do you see as the current threats to press freedom in the united states frankly as president obama and rosen rosen gate and i'll tell you why because. this is the first time. i hate to use the word espionage act but you know national security act let's say for your viewers has been used to get reporters i mean that really is frightening frightening because it's usually. used to get leakers and rosen's a leaky to use legal phraseology so if the bomb and ministration releases justice department thinks that they can use c

reverberate in the sense that the republicans keep nominating damaged candidates like mark sanford, murdochin illinois or o'donnell in delaware. and that's what happens when the tea party dominates their primary. all they can do is try to boogeyman the democrat to death with pelosi or -- and by the way, elizabeth colbert bush is a conservative democrat, a business woman, unlike mark sanfo sanford. she's had a job where she ha to put groceries on the table. she wasn't born at third base telling everybody she hit a triple. i'd be careful taking a road trip with mark sanford, if i were you, chad. that could turn out very badly i hear. >> if we want to look at big-picture stuff, i'm wondering, chad, if this tells us about the public's ability to -- i don't know how you want to phrase it but forgive, forget, absorb what are clear transgressions, character issues? >> well, special elections are always quirky. dick's right, it's all about turno turnout. wifs the governor yesterday and we talked about redemption, the story of king david in the bible. the ultimate redem,inptionredem everybody he wen

. >> ary eye, i think we saw the murdochs and the aikens of last season.at cuchinelli and jackson find a place in virginia politics, what does that, what are the implications for the republican party? someone who said gays and lesbians are very sick people and homosexuality poisons culture. president obama has muslim sensibilities, how does that help republicans in the larger battle ahead? >> we're talking about a state that president obama carried twice and we have seen scenarios where the tea party has rocketsed republicans to victory and we've seen scenarios as you pointed out in indiana, in missouri, the cycle before that in delaware and nevada where tea party nominees cost republicans a state that they should win. the fact is, voters in off-year elections tend to be whiter, they tend to be older. they tend to be wealthier, it makes it an easier win for republicans, even in a state like virginia, a state that president obama carried twice. >> state polling has cuchinelli at 38% and mcauliffe is at 43. we should say, the caveat is that cuchinelli has no

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s rupert murdoch tweeting, the bank would be up a creek without dimon, calling him one of the smartestughest guys around who didn't bend during the financial crisis. former ge chair and ceo jack welsh tweeting, dimon's results through the financial crisis earned him the right to hold both titles, calling him a great leader, while the oracle of omaha says, he's 100% behind dimon. >> i think he should maintain both the chairman and the ceo -- >> i think it's fine if he does, sure. >> so you're on board, not just as an outside observer, but also as a shareholder at jpmorgan? >> right, right. >> but it was also under dimon's watch that we saw last year that $6 billion lost in the london whale trade, and that's prompted proxy adviser glass lewis to recommend jpmorgan shareholders vote for splitting the chair and ceo roles in the interest of corporate governance. on "squawk box" this morning, bar barry diller called it the wrong move. >> jamie dimon is as good as an executive, if you searched high, low, for however much time you wanted to you and you landed on jamie dimon, you would have do

td murdoch with me.h money, strong words, back it up. >> as long as she is at home probably relaxing in bed right now, not having to come to the office and work like the rest of us she is making 1 of a hundre $177,000 a year. four times an american's salary. that is a pretty good deal. as long as she doesn't tell us and answer all the questions i think in a sense this money helps her stay very quiet. bill: you write this. learner will keep receiving her annual salary of $177,000. learner makes more than quadruple the typical earner's pay without lifti a finger and only in america. >> only in america. people went back to work yesterday and yesterday was the first day of the rest of lois learners vacation. she gets to stay home with pay, not lift a finger, and, again, i think what she needs to do is come forward. first of all i think that the law says that she's got to be paid administratively. bill: she has legal protection. >> correct. nothing says that the secretary of the treasury can't call her up and

there was a friend of our family named george murdoch, whom i later married, owned a brand new buick convertible which he had just bought. it's sitting right here. he bought it for $2800. and he and my brother started practicing with the car and with an airplane to see how the refueling might work. and it turned out that they took some cream cans from the dairy, two-and-a-half gallon capacity, and wired a bill handle on -- pale handle on to it, and the off duty pilot sitting on the right could reach down when the car and the airplane went down the runway, inactive, abandoned air base whatever direction they wanted to go, and it would go around 65 miles an hour. and the crew from the car would happened up the gasoline, and the off duty pilot would reach down and pick it up. and it may be four cans during a run, and then they would do more and more runs until they had enough to last til about 12 hours later. they had a refueling at six in the morning and one at six in the evening. later, near the end of the flight, they increased and had one in the wee hours of the morning because of t

had tweets from rupert murdoch, also in your industry supporting him.you have actually now split the chairman and ceo role at iac. i want to get your thoughts on what should be going on at jpmorgan. >> well, i think this is all a charade, actually, led by activists and i think relatively destructive entities like iss, et cetera. look, corporate governance has been improving over the years. no question if you look 10 years, 20 years ago and you see what has happened partly by circumstances, equity. et cetera. but corporate governance definitely progressed. so the only purpose that would be served by the shareholders splitting the role in this case slapping jamie dimon in the face, demoralizing him, would be to do that. now, i will months it something. jamie dimon is as good an executive. if you searched high, low for however much time you wanted to and you landed on jamie dimon you would do anything to have him take care of your let's call it banking enterprise. so i think he is as first rate as it gets. i also think that the idea that splitting chairman