in newport beach, there's pimco. bill gross apparent ly likes to eat your cookies.he's a pretty thin guy, which must speak to your cookies are not fattening. what does bill gross eat? >> our sugar cookies, the ones that you have right now are the most popular, those are his favorite. we're fortunate to have a lot of really high d-end celebrity clients, but you know, anyone that has a sweet tooth we can create something great for. >> how many physical locations do you have now? >> right now, we just have the one wonderland location in newport beach but we have got those retail in-store displays. so for example, toy stores department stortz, they have a setup instore display that has wonderland products like bears and baking sets, so as of right now, we're magswide with a website, too. that's our flagship in newport beach. >> all right. >> well, alyson, thank you very much. marx i want a bite. >> here. >> a bite, geez. thank you very much. >> thank you, allyson. tomorrow you'll meet cameron johnson, a consultant who created 12 online companies by the age 21. he'll sha

icelandic lending money through lehman three mortgage broker and eventuallyo some bus driver in newport beachuld make a $300,000 loan with no income buried on his mortgage applications and we do need to go back to the smaller banks. >> that is one of the classics know people with no inacom or new job or no assets. [laughter] >> $400,000 peyear bus driver he did not have to put his then come down as the occupation bus driver? income? 400,000 they all have these massive mortgages they could not possibly pay bac the moment of glory is the people that led to it to the brokerage house did not care becausthey sold it under lehman and lehman did not care because they sold ito vice land. they that it was some kind of the day wore. [laughter] >> i was listening to patrick d he was very informative and very educational presentation and there is a part where you talk about stockton california and in our country we had crazy lending view had pockets where it was extremely concentrated one of those crazy pockets was stockton and you were telling donny about a scene when things started to break in 2008 y h

the right-hander out of abileen lives in newport beach. lackey not lacking. won 4 or 5 of the last 7. only a couple losses against texas. beat the orioles on the second. lifetime again the orioles 7 and 3. 3 runs or less 7 out of last 8 starts. >> roberts leads it off. he will take it low. brian part of the tremendous attack last night with the 16 runs on 19 hits. brian ended up with a 4-game hitting streak extended on a night he had 4 hits including 3 doubles in the ball game. it was an offensive affair for virtually both teams. the orioles winning it. both teams put of offensive numbers last night. 1-1 shall that ball will be fouled straight back and the count is a ball and 2 strikes on roberts. brian 7 hits and 28 at-bats lifetime against lackey and a solid home number over the last 5 home games. an amazing 545. the delivery on the way and he snuck that by him. lackey gets the strikeout. >> jim: look at the angel defense behind lackey. rivera, math use and abreu, figgins, aybar and kendrick is back, quinlin at first and matusz with napoli taking the evenin

joining us from newport beach is mohamed el erian, pimco's cio and co-ceo.calling this a sugar high. what do you mean? >> what i mean by that is that the market has gotten way ahead of the reality on the ground. just to paraphrase what art cashin said on your show yesterday, the market and economics are not reconciled right now. think of it in term of the analogy that bill gross brought up yesterday. the market is looking at the economy, on a rocket. this rocket is meant to take the economy to a higher level of growth and employment. the first booster came in the form of enormous monetary and fiscal stimulus. the second booster that we're going through now is the inventory cycle. that's going to help the gdp numbers over the next quarter. then what? the then what needs final demand. needs the consumer. needs spending. needs income. and if you look at yesterday's employment number, if you look at yesterday's retail sales number, it suggests that is still sluggish. so we are yet to see a durable and sustainable recovery, but the market has gotten ahead of the

our next guest is a regular "squawk" rebel icon, we've never been able to decide which he is, newport beach mohammed el-erian, pimco ceo. mohammed, always good to see you. good morning. >> good morning, carl. >> a good piece talking about bernanke's to do list. he'll have a lot on his plate in the second term. >> no kidding. his first term was all about crisis management. his second term, in addition to his day job, has he to deal with at least four big issues. we as investors or traders, since we're here this week, are going to look at this very closely. has he to figure out the how and when of exiting from all the unconventional policies. secondly he's going to have to defend the institutional integrity of the fed that's going to be a lot of political interest in reducing the powers of the fed. thirdly he's going to have to revamp the operational components of the fed to make sure they take into account asset prices. and finally he's going to be very involved in crisis prevention. has he a huge to do list for the second term. >> randy kroszner is with us. i'm sure he has thoughts on this.

. >>> we're topping our look at news around the nation -- a fishing boat near newport, oregon, got stuck on the beach. the two crew members on the 50-foot boat were fine but 1,800 gallons of diesel fuel had to be removed from the ship. crews will attempt to refloat the vessel when the tide is a bit higher. >>> a bear walks into a fur shop. sounds like the start of a bad joke. it really happened in aspen, colorado. the owner of the store says the bear browsed the aisles and went into the store window and posed next to the furs. hopefully he didn't recognize any relatives. he left without damaging anything in the store. look at the bear. >> he's just hanging out in there. that's where he's comfortable i guess. >>> coming up next on "good morning maryland" -- >> police hope you can help them find the person who actually threw away a dog. terrible story. >>> a south baltimore woman was hit by a stray bullet in her own home and now police are trying to find the person responsible. i'm sherrie johnson. i'll have that story coming up. this is more thas-cutou lode itsay, "b" ...i-can-get-him-a- math-tutor" b

las autoridades federales estana de ladrones de @@@@@@@@@@@@@@@@ zonas de virginia beach, newport news el robo es atravez de pequenos dispositivos electronicos que leen la cinta magnetica de las tarjetas utilizadas en cajeros automaticos.. en uno de los casos una pareja instalo uno de esos aparatos en una sucursal de wacovia el 31 de julio... hasta el momento unas 25 personas han sido afectadas... aaaaaaaaaaa hoy se termina el programa que permitio a miles de nas adquirir un vehiculo nuevo, administracion del presidente obama..y fernando pizarro nos trae las reacciones.. ... el siguientees un gggegggo 5 remopi ososcacamp de e pepe al mpos de alifornia las decadas los0 y 70..no d aprendio ingles sino hasta que tenia 12-anos... manana martes, hernandez, ahora astronautae la nasa, despegara hacia el espacio... sus padres, sus dos hermanos y unhermana estaran en la florida para verlo partir en el transbordador discovery... el ex-presidente de cuba fidel buenas tardes a todos y buen inicio en la semana laboral. se jugo el clasico de la mls y dc united con galaxy term