he said, try nyu. we went to nyu. and as i was talking to dean ruth schafer, a few minutes before the close of registration, she asked me if i had a diploma. and i said no. she said, well, have you applied to nyu? and i said no. and she looked at me as if she was so puzzled as to why would i still be trying to enter if i hadn't applied. and my sister whispered to me, and she said, dorothy, show her your letter from barnard college accepting you. so i showed her the letter. and i'll never forget, she took the letter, she looked at it, and she said, a girl that makes these kind of grades doesn't need an application. and she accepted me. c-span: what kind of grades had you made in high school? >> guest: i was an a student. c-span: straight a? and then what kind of a student were you in college? >> guest: straight a. c-span: back to barnard for a moment. why would you have a quota of only two -- at the time, you were called negroes -- of two black people? why would they have that kind of a quota? >> guest: i don't know. b

i went to nyu for a year. i was doing stand-up. and i loved it.dad said that -- he said i'll make you a deal. if you drop out of nyu, i will pay your rent and utilities for the next three years, as if it were you sophomore, junior, senior years. and you know, it saved him a lot of money and it enabled me to focus on comedy, which was what i knew i was doing, you know. and i didn't need a degree for it. but i stole a bunch of classes from nyu actually after that. i just took -- >> larry: stole them? >> yeah. i just took the big lecture-sized classes and, you know, no one took attendance or anything. i took classes i was interested in and i showed up. >> larry: you were hired by "saturday night live." you're in your early 20s. you were there only a year. nothing got on the air. what happened at "saturday night live"? >> i'll tell you why nothing got on the air. i was 21. and i was hired at "saturday night live" as a writer and feature performer. and it turns out the reason why i didn't get any sketches on, and i found this out recently while reviewi

has been on the faculty of several universities including cornell, the university of connecticut and nyuknown as an intellectual in the advances of free enterprise. we are delighted and honored to have an old friend here to speak to us about conservatism and the new capitalism. irwin stelzer. [applause] >> thank you. it is nice to be introduced by somebody who is young enough to still be surprised at not being listened to. but approach this assignment with considerable trepidation for a couple of reasons. the distinguished scholars who preceded me or students of the philosophies that animated some of the great economists. that is not what i am. i am merely a practicing economist whose theoretical tools have been dulled and bent out of shape with collision with the real world. i will try to avoid the saw terrific effect of lecture at this hour -- soporific effect of lecture at this hour hoping that outrage will keep you awake. the collisions i have had with reality make the far less certain than many of the experts

he went to nyu undergraduate. did very well. went to harvard business school. started off as an investment banker bear stearns and then he left to do his own investing, his own hedge funds. but what he focused on, he specialized in was merger arbitrage. merger arbitrage is basically you buy the stock is being acquired and you short or you bet against the company that is doing the acquisition. you shake it up a bit and sometimes he did. it's not full of raise. you can do better than the next guy and john paulson had a good career and had a good track record. but he never did more than 15, 20% gains in a single year. and yet he was the one who did this trade. his right hand man, the one really key in this trade is a german named paula pellegrini. and he is a native of italy. and also smart graduate of harvard business school. he is even more unlikely to play such a crucial role in the greatest financial coup in history. he's been a clear coat -- kicking around wall street that he didn't do very well. never got a promotion that he always wanted. he never really ro

went to nyu under grad and went to harvard business school again did well. started off as an investment bank and bear stearns and then he went out and did his open investing and hedge funds. what he specialized on was merger arbitrage which is among the safest kinds of investing. basically you buy the stock that's being acore and you sure it or bet against the company that's doing the acquisition. and you have to shake it up a little bit and sometimes he did. but it's not full of risk. you can do better than the next guy. and john paulson had a good career and had a good track record but he was a merger arb and he never did 15 or 20% gains in a single year and yet he was the one who did this trade. his right-hand man, the run really key in this trade is a gentleman named paulo pelligrini. and he is unlikely to play a greater role in the greatest financial coup. he was kicking around wall street. he was a banker there. he never got the promotion that he never really wanted. never really rose very far. ended up leaving lazar freur. did some trading on his open

caller: my name is steve, but i'm happy to hear that kristol is thinking of going to nyu. it is a great college, a great university. the area that it is located in is a -- an incredible mix of people from all over the world and you will definitely learned a lot there. i am 53 years old and i made born new yorker, a political science major. i am at 53 years old still not sure what american culture is and what an american is. i was sitting red school not that long ago and somebody who was an ally -- sitting in grad school not that long ago when somebody was an elected person t-- i believe the times that we are in now, people like crystal, it is so awesome. in my lifetime, even though we came from the generation of the 1960's, there was still so much to do to open up people's minds. i sit in coffeehouses today in the boston area and i hear things that are incredibly ugly on an everyday basis. host: dr. metzler, reflecting on steve's comments, talk about how you think american culture or diversity has been changing abroad? has that been affected by the accounting of the first

. >> hang on a second because we have the mad dri gallons from nyu, and they're seating so they can'tnational pretzel day is today, it was first declared in pennsylvania back in 1983. it's one of the world's oldest snacks invented around 610 a.d. and the largest pretzel ever produced weighed in at 431 pounds. >> get out of here. that's huge. >> so now you know. welcome back to "the early show." i'm maggie rodriguez with harry smith and betty nguyen. >> good morning, everybody. >> thank you, ladies. coming up here this morning, summer is getting near so there's a big decision a lot of parts are making. which camps should we send our children to? we'll look at the options this morning and tell parent what is they should look for. >>> plus a lot of middle school kids really want to go see r-rated movies but there could be problems down the road if they do. and we'll tell you what happens to them if they're exposed to such things. >> i'm looking forward to that. and it is as american as apple pie. and pretzels. but there are a lot of other choices over the weekend at the great american pi

caller: my name is steve, but i'm happy to hear that kristol is thinking of going to nyu. it is a great college, a great university. the area that it is located in is a -- an incredible mix of people from all over the world and you will definitely learned a lot there. i am 53 years old and i made born new yorker, a political science major. i am at 53 years old still not sure what american culture is and what an american is. i was sitting red school not that long ago and somebody who was an ally -- sitting in grad school not that long ago when somebody was an elected person t-- i believe the times that we are in now, people like crystal, it is so awesome. in my lifetime, even though we came from the generation of the 1960's, there was still so much to do to open up people's minds. i sit in coffeehouses today in the boston area and i hear things that are incredibly ugly on an everyday basis. host: dr. metzler, reflecting on steve's comments, talk about how you think american culture or diversity has been changing abroad? has that been affected by the accounting of the first

well, actually my son is going to nyu next year. and he definitely want to be an actor.you know? i can't believe it. so you know, my advise to anyone would be the same i would have for myself, and for my own son, is i just want all my kids really to do the thing that they are passionate about. do something that they have fire in about about, really makes them happy that they just have to do. the worst thing as life is a job that you just don't care about. and so that would be my advice to make sure you really want it, success or not. >> looking at younger actors today, is a different or more difficult to break into acting as opposed to when you began? >> you know, i would imagine it's just as hard today as it was back then. it's impossible is what it is, to break in, you know, and everybody starts adding certain point today. that's why i say you have to really want it. i really feel that the big reason for my success is i just won't go away. just stayed around. you're not chasing me out of here. you know, finally i look i'm a little older and maybe the parts have changed

for example, [inaudible] at nyu has been a number of books on the topic. dr.eo chavez at uc-irvine has about a couple of years ago, he has many books, but one of them was the mexican threat, which was the response to some of the anti-immigrant hysteria and a substantive research finding. dr. francis at the university of washington has a book out called the latino education crisis or the crisis in latino education. garcia who i believe is at uc santa barbara has many books on significant chicano latino leaders inin there's young scholars like maria garcia seeking refuge from mexico united states and canada [inaudible] wrote a great book called fluid workers picketed latino power against -- >> san jose, who have given us a lot to work with and we appreciate the names and appreciate the ideas. what are you reading? >> caller: transformation to reach activism by the brother and sister who are both scholars >> thanks for calling in. we are going to work our way back. we want to show you where the c-span's bus is. it's close to haines hall. as we walk through the ce