nigel for raj is here in our studio today fourth it down and the i.m.f. says europe's banks may need to sell as much as four and a half trillion dollars in assets through two thousand and thirteen eighteen percent more than it previously estimated this is if policymakers fall short of their pledges to curb the crisis now this forecast is for a painful deal that would crimp growth so how much pain is still left in the eurozone and who is left to pick up that bill and jamie diamond was in washington today at the council on foreign relations more weeks away from the one year anniversary of m.f. global's collapse with j.p. morgan being a major counter party and custodial bank of m.f. global capital account asked when did jamie diamond find out about the collapse. over the charts or whatever this reported and did you have a new conversation with mr cooper's on. no luck on that one but we did take him to task on the bear stearns acquisition and the civil fraud suit we'll show you what he said later in the show let's get to today's capital account. in the most g

nigel for raj is leader of the u.k. independence party member of european parliament these speeches over the years have gone viral on the internet and mr ferrars has garnered a following not only at home but here in the us while at home his party has gone from fringe to a force to be reckoned with nigel ferarri joins me now live we're so thrilled to have you in studio thanks for being here to be here and thank you for showing my best clips we really did like your highlight reel so much to choose from hard to get it whittled down so let's just start with you you every time you give a speech on the floor of parliament when you come on this show and do an interview it goes of my role in the financial blogosphere here in the u.s. why do you think your message resonates so much here in america what the global markets are all interconnected you know what happens basically in new york and chicago is is totally linked him to what is happening in the eurozone and the eurozone crisis is hanging heavily across the whole of the fin

i was told nigel, go away. don't bother us with detail, we're building a new state.cal from the start. nobody thought about it. but i think in the end, the whole thing will fail and i'll tell you why, because right at the heart of this, of course, is the franco-german pact that is the basis of the european union and with a no one noticed there's a competitiveness gap opening up between france and germany. the french have got a new president. the first thing he did was reduce retirement age from 62 to 60 and second up the minimum wage and the third thing was to introduce a hate tax of 75%, which says if you're an entrepreneur left in paris, leave now. >> there's a lot of merit to that, you have the northern european bloc which people work and manufacture and do things and then you have the southern european bloc where it's all vacation places and they have a different currency. think about it. italy, wow, spain, costa del sol, greece, the islands. where does france fit in? because they don't work and -- >> well, that i think is the fault line that lies at the heart of

will miss its deficit targets this year nigel farage leader of the u.k. independence party told us david cameron policies are not bringing any meaningful change though to the recession ravaged economy. you know when david cameron talks about austerity what he fails to tell you is that we continue every year to run a massive budget deficit and by the end of his five years as prime minister but national debt in the u.k. will increase by fifty percent so i think we're having an entirely false debate david cameron is calling the british public into thinking that he's actually really cutting back at the levels of debt in our country and it's not true i think that the david cameron and george osborne combination. put together a coalition telling us they were going to deal with debt in this country they have absolutely failed to do so but haven't dealt with the deficit they haven't got growth coming back into the british economy i don't think the thing is a dramatic failure unless things turn around that i think the conservative party is in for a really terrible

for more i'm joined by nigel duara of the associated press. nigel, you and your fellow reporters studied these cases for months. give us an example of one that leapt out. >> you know, the case that leapt out to us is the one we ended up leading with. it was the case of three kids whose mom walked into a louisiana sheriff's office and said "three of my kids have been abused by their scout masters." so the sheriff's office deputies interviewed the scout master, brought him into the police station and said "can you tell us what happened?" and, according to police files that are in these scout files, he admitted to it. he said it happened, happened the way they said it happened, i don't know why i did it, then the case was buried and as far as we can tell from these files they said it was buried to preserve the interest of scouting. >> sreenivasan: so how widespread was this type of bearing or collusion with local leaders? >> the maddening thing about these files is that we don't know ultimately. there are ott a lot of them that were destroyed by

you know, at this time, nigel, in u.s.rporate tax issues, paying fair share is like top of the heap in one of the most contentious debates going on in washington. do you think howard schultz is disingenuous in his activity in the uk? what do you think about his social conscience versus what he's doing with tax policy? >> well, i think what mr. schultz ought to do is stop trying to have it both ways. you can't on the one hand say, we're the good guys, we're clean, we adopt a very, very good corporate social responsibility model and on the other do what the european union have encouraged you to do. make your mind up, mr. schultz. either be the good guy, pay uk taxes or stop selling the world this story. that you are, you know, such a wonderful man and go on making the biggest corporate profit you can. you can't do both. >> well, i'll tell you, nigel. in my opinion for what it's worth, i love starbucks coffee and i don't really care about all these other issues. i buy the coffee i like best. i don't open up any other frontier

next plaa....ow out of the pocket...ffnds nigel king.. up 33 ards inside the field goal for the win...hooos it.... off the leff uprightt.. terps all to n-c state on homecoming...20-18...maryland loses its first game in the a- c-c. .4th quarter...hoosiers up 23-21...tevin coleman from 3 yards out...gives ndiaaa a 30- 21 leaa....2 minutes left... miis trail by 6...keenan reynolds hooks up with matt &paiken...4 yarr touchdown... navy takes a one point leaa.... hoosiers plenty of time o comeback...but camerro coffman ttrows it right to parrish gaines...interception navy... mids gooabooe "500" for the towson hostiig old dominnon in a big conference atchup.... 1st quurter...moonrchs upp 3-0...taylor heinicke hits antonio vaughn for the 11 yard touchdown...o-d-u on top 10-0....2nd quarterr..heinicke dumps off to aagus harper... 6 foo a first down....2 plays later...heinicke doesn't like what e sees...takessoff for 6 yard t-d ruu...monarrcs upp.. 17-3...they beat he tigees... 31-20...dropping towson to 3-and-4. thatts all for sports unlimited...i

nigel writes is sandy a boy or a girl? >> girl. hurricanes are girls. good i was noting the other day famous sandy names and i was thinking of grease. >> absolutely. that's all i could come up with, as well. unfortunately, it's also alexander in scottish varieties. >> but this is the traditional way it goes. even if they're downgraded to storms, they are a girl. >> katrina, irene, other girls. >> never had patricia. >> you work through the alphabet. >> also nigel saying the crane has come down, which shows you the amount of destruction. >> if the best story we can get there new york is a crane that was dangling from, what, 50 odd floors up from yesterday when it was damaged, then actually the level of destruction is not that great. >> but we do of course have a high casualty list and also quite a number of people have died, too. so let's remember that it has been destructive in some parts. of course 30 people lost their lives in the storm. still to come, politics takes a breather over in the u.s. acai clone sandy makes its way across the east coast, but

to nigel king, 33 yards. here we go. looking for the game-winning field goal. brad craddock. there. off the upright. so many great efforts for not as maryland suffered its first conference loss 20-18. one homecoming tell. another in annapolis playing host to india. . ana. considering the drama that played out at navy-record stadium, they should have this happen more often. second quarter, navy down 17- 7. a 24-yard touchdown return. third quarter. this is what navy is best known for -- running well. power football. 21-20, navy in front. kauffman bring back the hoosiers. over th emiddle. that set up a shor touchdownt run. now 30-24. reynolds. hrow it.gonna tro >> a touchdown pass. the mids win 31-30. a couple of other source -- towson suffered its second loss tonight. old dominion knocked off the tigers, 31-20. morgan state bombing, too this evening. morgan went for 2 with 2:00 remaining. remaining. a butsy call on i've always been lucky. flew 37 bombing missions over germany. made it home every time. i'm lucky to have good friends who are all still around, and we're all lucky

has the arm, they put the freshman in, he steps up, after a 17-yard completion, 11-yard run, he hits nigel king. terps in great position to win it with a field goal. two plays later, brad craddock a chance to win it. a 33-yard attempt, no. off the upright. the true freshman is crushed. terps fall 20-18. here's andy edsall after the ga game. >> well, that's a very heartbreaking and disappointing loss that we had out there. but the guys competed and played very, very hard and gave everything they had and we ended up having ourselves in a position, you know, to win the game there at the end. and just came up short. >> just this much short. >> virginia tech lost to clemson twice last year, they came in extra fired up for a road upset this season. playing good football early. logan thomas is like a surgeon out there. perfect strike to cory fuller who will bang into the end zone. tech takes the early 7-0 lead. good times wouldn't last for the hokies. clemson up 10-7 and thomas throws a perfect pass to the defender. jonathan meeks with the interception. he's got some speed. burning down the sidel

nigel, thank you so much for your time.ver in front of you to this anchor december incomsk minutes. nigel travis joining us. >>> when we come back, the two countries in europe that could give you and the markets a whopper of a headache in the coming months. a lot more "squawk on the street's" after the break. if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. >>> live from chicago, welcome back to the third hour of "squawk on the street." i have one of my favorite worldly guests, mark grant, southwest securities. welcome, mark. i will tell you -- >> great to be with you. >> let's cover three topics. the first is the uk. on the uk side i have one simple question. is this jump in gdp basically going to last the extension of the o

third quarter, give rowe credit, working on a rally for a wide open nigel king, lovely pitch and catch. b.c. up, though 13-67. the terps took the lead. kids won't quit. setting up shop in the end zone. he is a superb freshman. 66 yard. terps take the lead 17-13. but a hard breaking finish for maryland on tap. chase reading, jonathan coleman. they didn't cover him. absolutely all alone, a 14-yard score. the terps fall by a heartbreaking score of 20-17. the tigers taking on villanova at the wildcats' homecoming this afternoon. enders, the quarterback. read option and off and running. how about that 40-yard dash. like a big ten basketball team wishes it could. right now in the fourth quarter tows leading 39-45 -- to you u.s. open leading it. no chance for a breather this afternoon at home against mcdonough. this kid's shirt says it all. second quarter, eagles down 7-0. travis wood to scott. the eagles soaring, two-point conversion no good. 7-6 gilman. late second quarter, 13-6 gilman now, dickerson from the end zone from six yards out. greyhounds getting in control 20-6. we move to the th

a beautiful fade there to nigel king in the corner. the end zone. first t.d. pass of his career. terps on the comeback trail 13-7. fourth quarter, roe and the terps down 13-10. on third and three, zip one to a streaking stephon diggs. >> nice. >> yeah. usually we see him duking out defenders, chris. here he out runs them. 64 yards. terps score 17 unanswered points and go up 17-13, but for the second week in a row, the defense cannot hold on to the lead. that's chase to jonathan coleman. 14 yards. he was wide open. back on top, 27-17. did it last week with 32 seconds. this week 46 seconds to get him down but, ah, picked off by spencer. a disappointing end but a great game. 20-17 the final. >>> navy fans looking relaxed before a battle against those pirates of east carolina. pick it up, second quarter, all tied up at 14. freshman keenen reynolds, q.b. on the keep. refs come in, take as moment. he rule it a touchdown. navy up 24-14 and then in the third quarter, reynolds again calling his own number from one yarder to a two yarder. second rushing touchdown of the day. navy up 28-14.

three two also wins for nigel ignore the scots and yet block a mighty. and service staff. now in football argentina star little messi has landed yet another accolade as the barcelona striker received a golden boot after finishing the top score of all the leagues in europe it is the twenty five year old second search awarded three years after the strike is set a new legal record of fifty goals for more than reale madrid rival christiane are now they picked up the prize last year both have been named on the twenty three man least in contention the thief is ballon d'or the best player of the year a title messi has been holding for three years but the humble maestro believes he couldn't have won his latest on the. because you go. every time you do julie. because it's logical and. you want to score goals and not make teammates have scored in the early after nine months. portugal midfielder danny says he is fit and ready to play in tonight's russia cup clash mordovia he has been sidelined with a series of injuries since february but is finally figure in and could feature this ev

issue you do not fight and we nigel lodge your wars overnight it takes time it takes years it takes decades so the the solution in terms of short term is a loss i can see it and xander a cynic would say is when we look at the situation that the americans want to bigger footprint in africa it's looking down the line and competition with the chinese for example it wants to have a military presence on the continent and a big one. well there are many a key political issues in in africa and this is no this is no new as it has been the case for probably two centuries. i do think however that the us presence in in africa and in particular through or in in particular in western africa would not take place through a permanent military bases this is not europe after after world war two this is not japan i think the issues are very very different and if the united states has an interest has a vested interest in that part of the world in that region it's probably more commercial and more trade oriented and more development oriented than anything else and i think it is in the interest of the united stat

nigel parker. >> icarly star and chef reed alexander. with healthy kid-friendly meals. few minutes. >> i can't wait. 2@ >>> back now with more of "today" on this thirsty thursday. time for our ambush makeovers with two lucky ladies on our plaza are surpriseded with brand-new looks. >> our "today" contributor and stylist to the stars louis licari, la, la, la, la, la. and "today" and "us weekly" contributor jill martin. >> how was it? >> it was good. we had many people to pick from. it is a chilly day in new york today so people are starting to bundle up. >> you saw opportunity beneath all that? >> yes. we saw one lady with excessively long hair and another lady whose hair was a little out of control. >> we like it out of control. >> hope browning, 52 years old from harrison, tennessee. she cannot remember the last time she wore make-up. she jumped at the chance to receive a glam new look. let's listen to her story. >> i am busting for this makeover because you've never had a haircut? >> no. not a significant one. never had a haircut. >> your husband trims your hair? >> y

nigel thinks apple will call the mini the ipad and rename its latest full-size ipad with the retina displaypad pro. then there's some that think apple's unveiling a lot more than just a new tablet. "hold on to your hats, tech heads." not everyone is a believer. we have some bears out there. "apple supposedly releasing an ipad mini soon. won't that basically be like rereleasing the ipad touch 2?" the blogosphere making a big call today. a very well known tech blog tweets apple may discontinue the ipad 2 to make room for the ipad mini. basically writing that the ipod touch priced at $299 and the ipad 2 at $399, there's very little room for an in-between product. traders, what do you think of that? >> you trading this ahead of this big announcement? >> i think the issue here is apple's really gone downstream. the fact they feel they have to compete in the lower end -- >> you think the ipad mini is lower end? >> yes, it is. i priced -- >> but the ipod got smaller and smaller and cheaper and cheaper. >> that's different. that's a unique product. >> auo is the way to play it off the glass. they m

of a runner, they go to caleb rowe, poised under pressure, rolls out, throws a strike, delivers to nigelf the year,33 yards down to the 14, set up brad craddock who missed an extra point earlier in the game and this one for the win. technical term. off the upright, doinked from 32 yards. maryland suffered its first conference loss of the year 20-18. homecoming in annapolis. navy hosting indiana, first time they've gotten together since 1986. first quarter, cameron coffman picked by jordan drink. to the end zone, touchdown. third quarter, darius flaven, what we expect out of navy, running and scoring, touchdown, in he goes. mids up 21-20. fourth quarter, back comes indiana. coffman, shane wynn over the middle, big play set up a short touchdown rain. taking the lead. just over two minutes to play, kennan reynolds play-action, throwing it, worked beautifully. matt akin wide open. navy's third consecutive victory. towson suffered its second ceaa loss saturday night. old dominion knocking off the tigers 31-20. morgan state bumming on saturday, the bears dropped a heartbreaker to howard in d.c

nigel things apple will call the mini the ipad and rename its latest full-sized ipad the ipad pro. >> election, apple, earnings. on "fast money" right now. >>> and we are live from the nasdaq market site in times square. i'm michelle caruso-cabrera in for melissa lee. apple bringing the rest of the market with it. intraday chart, apple posting their best day in five months. what's the takeaway, guys? here's goldman sachs coming out saying enough is enough with the saleoff. is that enough to make this stock move like that. >> i don't know. in the last two days it's moved nowhere actually. $2 billion here, $2 billion there. that goldman piece is nice that it was oversold but i don't think any of it matters until we start to see the number for the mini and the 5. we're not going to see that for a little while longer. >> mr. new world? >> i think from a technical standpoint apple is oversold. it's down from the 705 high, now over 14%. the 200 day sits at 584. goldman's note was good. it talked about 24.6 million iphones. what's the guidance going to be? you know, just a question for you,

. >> ross, do you see this nigel dude from yesterday, the guy from the uk. >> he's fantastic. >> nigelery outspoken, yeah. >> he's great. >> yeah, he's good tv. he's very good tv. and i don't know -- he got slapped down in the european parliament for being overtly sort of aggressive and name calling. >> he had to pay a fine of $5,000, i think. said it was an expensive speech. >> yeah, if he keeps doing that, he on his own could sort of become a one way to repay back the debt. >> if he gave speeches like that 68 million times, he could repay it all. >> exactly. and so, yeah. >> and there was a sort of a following, some following for him. >> he seems like a little bit right wing for you and a lot of your friends over there. does he -- i like what he says about the eu, though. he doesn't pull any -- you didn't join the current. you made the right move. you don't have to feel uncomfortable when he tells it like it is about the -- >> no, no, no, and look, we've got david cameron the prime minister speaking right now at the conference. and we do expect him to suggest in the speech that the 2

[laughter] cheryl: all right, nigel. yes, i am a donut fan. that's pretty much knowledge in this newsroom. thank you very much. great to have you on. >> thank you very much cheryl. dennis: coming soon moving into tea. [laughter] dennis: the markets are down today partly by the new push by 80 's to pressure washington -- 80 ceos to pressure washington into fixing the deficit. scott martin is joining us now. scott this message of hey washington get your act together, do you think it will lead to any tangible change? >> no, and i've got to give credit to michael dell, dennis, i think he made the great point, you know, congress, again, i mean this isn't the only year, we have done this the last couple of years with estate tax and whatnot, playing chicken with the american consumer and american taxpayer and it is really troubling. listen i think something is going to get done. i don't think we're going to totally go off the fiscal cliff. yes there may be a couple tax increases here and there. as far as the market impact, i think the market is looki

nigel parker. >> icarly star and chef reed alexander. kid-friendly meals.rt. but activia has been shown in clinical studies to help with slow intestinal transit when consumed 3 times per day. 7 out of 10 doctors recommend activia. and the great taste is recommended by me! ♪ activia here's a better idea. pillsbury grands! flaky layers biscuits in just 15 minutes the light delicate layers add a layer of warmth to your next dinner. pillsbury grands biscuits let the making begin. with snack-defying, satisfying totino's pizza rolls. and now when you buy two 40-count bags, instantly get a free bottle of ranch from hidden valley. it's on. let's roll. take away his toys and he'll play with a stick. instantly get a free bottle of ranch from hidden valley. take away their bikes and they'll still find a way to get where they're going. but if take you away early childhood education... slash k-12 funding... and cut college aid for middle class families ... they won't go far. yet that's exactly what mitt romney wants to do... ...to pay for a $250,000 tax break for multi-

i was nigel. i was like clark kent. one of the clark kent/superman moments.you know, stopped wearing the glasses, you know. i was like the least likely to kid at school. >> i want to just relate for our viewers some of what you've written in the book. and i quote you. i'm a pinup on thousands of bedroom walls but the fear of loneliness is turning me into a coke head. talk to me what you were doing and how you felt at the time. >> none of us had any clue we were going to become teen idols. that was, you know, careful what you pray for kind of deal because what that -- it created a popularity contest in the band. it sort of created attention that i was uncomfortable with. plus, plus i just didn't have the off switch the rest of the band had, you know? they knew -- it could be 5:00 in the morning and everybody would know, time to go to bed. i never -- i just didn't have that -- i just didn't have that off switch. i kept going. >> when did you realize how bad things were? >> it was i started to struggle with reality. i mean it wasn't until, you know, almost 20 ye

nigel parker. >> icarly star and chef reed alexander. kid-friendly meals.with slow intestinal transit when consumed 3 times per day. 7 out of 10 doctors recommend activia. and the great taste is recommended by me! ♪ activia here's a better idea. pillsbury grands! flaky layers biscuits in just 15 minutes the light delicate layers add a layer of warmth to your next dinner. pillsbury grands biscuits let the making begin. with snack-defying, satisfying totino's pizza rolls. and now when you buy two 40-count bags, instantly get a free bottle of ranch from hidden valley. it's on. let's roll. >>> it is 10:26. good morning. i'm jon kelley. police headed to washington state this morning to interview a couple driving a car belonging to a murdered teacher. they are trying to figure out how they got her car after she was found stabbed to death last week in her home. the couple we're talking about has been on the run since late august. investigators say darnell recently escaped from a southern california prison. coming up after the break, we'll look at your weather and

we all know that this morning the images from greece, nigel on "squawk box," i urge you all to go back tells it like he sees it. many of the issues brought up on the weakness of europe and the reforms when you really dig under the surface are part of the reason the euro is getting tagged today. and the euro gets tagged, the reverse image of the dollar index doing better but another issue also obviously thinly traded but as you look at the intertrade of tenures in spain, they are up ten basis points. back to you. >>> let's go to sharon now. >> jim, why are we talking about syria and turkey when they are not major oil producers? because of the key transportation routes from northern iraq through these countries and the possibility that the tensions we are seeing between syria and turkey that are the highest we have seen since march could definitely impact the transportation of oil to the west. that is the big concern and that is part of the reason why we are looking at oil prices up over a dollar. we are also noticing this big spread, a record spread between brent and wti futures trading

. >> nigel cameron, center for policy and emerging technologies in washington d.c.i've recently read your book, andrew, thank you. and enjoyed it enormously for the clarity of its analysis. i'd be very interested to hear how you see the future trending specifically on this question of, i mean, what we've done a certain amount about at cpad is the contrasting cultures. these two very circumscribe communities which basically ignore each other, somewhat despise each other, and getting some sort of alignment between them degree by degree of arc seems to me to be part of the driver of sanity in the future. but i'm interested to know how you see these things trending so that one can predict in five and ten years, you know, the likely direction of this obsession with regulation, legislation and largely irrelevant political issues in washington and what you have so firmly described, clearly described with charcoal drawings of the valley. >> well, i think that the political system in america is archaic, it's archaic for many different reasons. it's archaic for the industrial