>> you know, the palmisano appointment is fine. assuage some of the concerns from a lot of their wall street clients. i'm not very enthused about clark hoyt's appointment. clark was an employee of bloomberg, so i'm really not sure that hiring somebody that was already on the payroll of bloomberg is going to comfort a lot of people who would really like to see an independent review of what happened at bloomberg news. >> what are the unanswers questions at this point? i guess a question for you both. steve, what are we waiting for now? >> i think one of the big questions is, again, the issue of what executive knew and when they knew it. there's a story out there, mari@< that in 2011, one of the anchors came on and used this information. we've heard changes were made, but we don't know what kind of changes. and then there's an interesting question, maria. why after that disclosure weren't journalists prohibited from seeing the data, but they were after goldman sachs complained. so i think there's this issue, and i will say, bloomberg

david: bloomberg, you heard from them time to time, they appointed samuel palmisano, former ibm chief executive to review the company's practices and policies on the use of client data. the move comes after revelation that is the reporters have the ability to snoop on clients using bloomberg terminals. liz: treasury secretary jack lew telling congressional leaders that the u.s. will reach its debt limit this saturday. the u.s. is taking extraordinary measures to keep paying its bills. david: "the financial times" says its tech blog and various twitter accounts were hacked by a group identifying themselves as the syrian electronic army. two messages appeared in the newspaper's twitter feed, including one that stated, quote, syrian electric army was here. liz: according to a person familiar with this matter, directv, the second largest u.s. pay-tv provider is weighing a potential bid for hulu. directv is the latest company to show interest in the six-year-old online video site. "after the bell" starts right now. liz: yes, it's friday but our energy is high right now. we've got a lot of

they appointed former ibm chairman and ceo samuel palmisano to serve as independent advisor on standardsgin a review of the company's current practices and policies regarding client data and end user information. >>> "the financial times" is the latest news outlet to be hacked by the syrian electronic army. their supporters of syrian president assad. "the ft" says that a number of employees were sent phishing e-mails leading up to the attack. the newspaper secured accounts and is working to resolve the issue. the sca which emerged in 2007, they have a website, facebook page and twitter profile. that's the latest from the fox business network, giving you the power to prosper melissa: all right. we have breaking news right now. treasury secretary jack lew right now is saying that the department's extraordinary measures to avoid hitting the debt ceiling will last until after september 2nd. this was in a letter to lawmakers. lew says he can't provide specific estimate how long the measures will last. lori: they have the cash to cover our bills until september is that what he is saying? extra