leeds he's a financial analyst and publisher of the peter leeds newsletter or a gentleman cross-talk rules in effect that means you can jump in anytime you want and i really very much encourage it if i could go to peter leeds in toronto on the face of it is this going to be a good party good i.p.o. will be successful and is it a good long term investment this for me on the show peter i think first the price is going to go up i think to be successful i.p.o. on first glance but then you're going to have to look at the valuation ratios you know it's going to add one hundred times earnings twenty five times revenues that's way too high we think a lot of people are going to jump into it just because it is facebook and we think it's going to either price for and at the end of the day this start over time will start coming back down jay what do you think about that i mean more hype in a common sense being. how did here when we look at this i.p.o. i mean i obviously facebook is very very popular but is they its popularity reflected in its valuation. i think peter's scenario is very plausible

peter the apostle is.e will pause for a moment of prayer before going to the seat and beginning the ceremony. >> it is interesting, i saw the cardinals moving the hat. >> that is a gesture of respect to the hope that they remove their skull cap. here they pause for prayer. and this day is all about the unit of the leadership of the church gathered under -- or gathered with the successor of st. peter. >> there will several names on the list of the cardinals that will be familiar to our english-speaking audience. there will several english-speaking arch bishyops and bishyops and others who will be elevated today. arch bishop edwin o'brien last served the holy ceplicure of jeruslem. he was at one point the archbishop of baltimore. and there is a representative from india. thomas c -- bishop tong hon is the archbishop from the people's republic of china. there are 18 cardinal electors to be created today. there is the archbishop for the evangelization of peoples. we will be hearing more about them later on. th

follow in the welcome to crossfire i'm peter lavelle facebook's initial public offering is being called a very big deal and many hope the i.p.o. will lift the entire tech sector but is the i.p.o. a good one public ownership of facebook negatively impact the company's success and is it a profitable investment. to take. to cross-talk facebook's i.p.o. i'm joined by jay ritter in gainesville he's a professor of finance at the university of florida and in toronto we cross to peter leeds he's a financial analyst and publisher of the peter leeds newsletter or a gentleman cross-talk rules in effect that means you can jump in anytime you want and i really very much encourage it if i could go to peter leeds in toronto on the face of it is this going to be a good party good i.p.o. will be successful and is it a good long term investment. this for me on the show peter i think first the price is going to go up i think it'll be a successful i.p.o. on first glance but then you're going to have to look at the valuation ratios you know it's going to one hundred times earnings twenty five times revenues

. >> peter marra is joining us from george mason university. he's a white house correspondent that covering politics for cbs news heard on the radio. she's the author of the tea party and the remaking of republican conservatism. bob, i'll turn to you for questions from your students at george mason university. >> yes. jim. go ahead. >> chris mclaughlin. my question is for anita. the tea party is labeled as the party of the extreme right, so how do you explain the overwhelming support in florida and nevada for mitt romney, who is a moderate? >> your reaction. >> it's a good question that you ask, and i just published yesterday an op-ed in "the washington post" that argued that in many ways mitt romney has moved to endorse the central policy preferences, the central issues stands of both grassroots and elite tea partiers. as he has done that, over the course of the republican primaries, more and more conservative republicans who say they support the tea party have moved toward him. now, there's still a lot of tea partiers who are skeptical of mit

dresses that's another issue ok peter jay told me before the program he's not. on facebook and you're on facebook i mean do you check any of the ads you click on any of the ads on facebook. i never have i never enjoyed dressed your guests last point in. it in the very you know you could be on facebook is tracking what you like and what you do at work somebody walks by and sees you want facebook on your monitor and on the side is a whole bunch of ads that are going to be related to what you like you might not want that person to know that you are interested in overseas vacations or whatever it may be and so there's a bit of a privacy breach there i think because it's going to put ads that are appropriate to what you're looking at on your facebook page for people to walk by and see ok gentlemen we're going to go to a short break and after that short break we'll continue our discussion on facebook state park. and. see. well into the future science technology innovation all the latest developments from around russia we've got the future covered. wealthy british styl

peter vice president biden says the u.s. welcomes competition. you say china is using in your word, quote, weapons of job destruction against america. what is that and what needs to happen for the u.s. to at least compete fairly with china? >> we had ten years now since china joined the world trade organization of unfair trade. the weapons of job destruction are clear. there's five. start with currency manipulation. it acts as a huge subsidy for chinese goods coming in and huge tariff on our products to china. you have illegal export subsidies which are flat out banned by the wto. i p theft. intellectual property. counterfeiting is rampant. if an automobile or pharmaceutical company basically has its ip stolen that's a cost. the last two, environmental pollution and worker abuses. 16 hour days, seven day a week at the ipod factory and the horrific pollution in china that acts as a a huge cost advantage for chinese producers. it's unfair competition. we don't welcome that, mr. biden. what we welcome is fair trade. >> let me ask you this, if you ad

peter: no worries. you go ahead and enjoy this congratulations on an unbelievable comeback from last week. unbelievable. >> thank you very much. peter: and by the way, boys, he's picking the patriots, just so you know. jim: there you go. he's on a roll. i wouldn't go against him. his father matt and his mother michelle. and sister kristen. and how do you think the golf community looks at this performance, nick? nick: well, it gives everybody else who puts themselves through the wringer great hope. he's obviously a talented guy. great game. as i was saying he's going to keep learning a little bit more each time and all these new feelings. even when he was exhaling there his lips were shaking. he was physically shaken in the playoffs last week but now he's learned how to play golf when he's shaken. jim: how about spencer levin going through not exactly the same script as a week ago. it's not the same 72nd hole but has to walk away from it with similar feelings that kyle was experiencing seven days ago. ni

peter, let me start with you. there were a lot of good numbers to look at this week.break out the champagne, buut in an unusual abt the optimism, he said it is ok to put a few bottles on ice. >> we are starting to see real bounce in the manufacturing sector improvement in residential housing multi-unit dwellings, things of that nature. unemployment claims are getting to a a healthy level off. overall, it seems as though the economy has more bounce than we thought we would have. that is a good thing. >> you thought it would be a jobless recovery. it is hardly a job-filled, but it is more jobs than we thought. it will be tougher for republicans to say mr. obama should be given the exit door automatically because things are getting betr. >> we have not been talking about the economy onhe mpaign trail -- trail. i promised you we would not talk about aspirin and birth control. we try to mix things up. i wanted you back this week because you did a terrific reporting on manufacturing. not only has president obama been gloating, but the headlines in newspapers were about manu

if you lock me up, i'll burn my peter. >> burn your peter?r a rowdy night, one of shotts's old timers might have to pay the price. my name is robin. i'm a wife, i'm a mom... and chantix worked for me. it's a medication i could take and still smoke, while it built up in my system. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these, stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health problems, which could get worse while taking chantix. don't take chantix if you've had a serious allergic or skin reaction to it. if you develop these, stop taking chantix and see your doctor right away as some can be life-threatening. if you have a history of heart or blood vessel problems, tell your doctor if you have new or worse symptoms

it's really easy. >> reporter: the judge agreed with peters. in a 26-page decision, he cited a list of what he called misleading representations by honda. among them the car would use amazingly little fuel. peters was awarded close to $10,000, much more than $200 she would have gotten in the class action settlement. >> wow! it was fantastic. i couldn't be happier. it was a victory for all honda civic owners. >> reporter: in tampa, florida, jeffrey says he'll file a small claim against honda, too. >> soon as i seen heather fought honda herself and was successful, i thought, i'm a pretty good talker. i think i'm going to give it a shot, too. >> reporter: heather says she'll share her evidence online. >> if every single litigant out there decided to bring a small claims court action, it could be very expensive for the corporate defendant. >> reporter: while it may seem like a win for the little guy, this isn't over. in a statement, honda says it will appeal, and in that courtroom, there will be lawyers. >> i fully expect they are going to try and

is peter still here? ok. >> no, peter left. a surry. >> welcome, welcome.his is going to be gorgeous. i have not even seen the tree at. we're going to do a cat that. is everybody here? ok. i want to hear the children doing it, to. will will start with 10. ok? here we go. 10, 9, 8, 7, 6, 5, 4, 3, 2, 1. [cheering] [laughter] >> beautiful. >> 13,000 stars. and how many cranes? >> 7000 cranes. unbelievable. isn't that beautiful? doesn't that give you hope? >> thank you for being with us. rita moreno. thank you for being with us. and now some music. >> thank you. [music] paratransit is specialized transportation for seniors and people with disabilities who are unable to use the muni system. in san francisco, we're proud that we've had a paratransit program since 1978 long before it was mandated by the americans with disabilities act in 1990. san francisco is a unique city and our paratransit program reflects this. we have a network of services, including sf access van service, paratransit taxi, including wheelchair accessible ramp taxi and group van which serves

we also want to welcome to the george mason campus peter mara of cbs news. he's covered the white house since the reagan administration and here in our studios a professor at harvard. thank you for being with us. let's dig into the book, and one of the points i want to highlight as we focus the on the tea party, it's role in the 2012 campaign and the president's own re-election effort. you write in the book that the tea party p in all of its manifestations has pulled want the republican party sharply toward the right and shifted the u.s. public at a critical juncture, blunting the reformist force of barack obama's historic presidency. >> yes. i think we misunderstand, if we imagine the tea party to be a centralized organization that would be, for example, capable of nominating somebody for the presidency. it's really a set of grassroots forces and elite forces that have been pushing back against barack obama and the democrats since president obama took office and have also insisted that republican candidates hue the to the right on social, economic and tax p

(peter bogdonavich) tony curtis is doing cary grant.an extreme version of marilyn. and jack lemmon's doing a woman. i mean, it, it's off into a kind of farce. (music playing) (ed sikov) oftentimes, drag comedy begins and ends with the image of a man in a woman's dress. this representation moves into something a lot deeper. osgood fielding the third. cinderella the second. bye-bye. (ed sikov) they end up getting harassed. you don't get off that easy! (ed sikov) they get pinched. all right, driver, once around the park, slowly, and keep your eyes on the road. (ed sikov) and it teaches them something. none of that, sugar. no guy's worth it. (ed sikov) and it makes them more human. billy wilder was pushing the limits of the code. but his sympathy is really with the decadent characters. (tango music playing) ole! he got away with that because his movies were so much fun. (susan seidelman) they worked on two different levels: you could laugh at all the characters' misadventures, for ten years i've been living with a saxophone player! (susan s

peters will sponsor a bill today. it would put one of the five slots parlors allowed under maryland law in the county but would also allow table games like blackjack or poker. senator peters says he would accept bids from national harbor, the raceway or other locations. the biggest opponent is the owners of the new slots parlor at anne arundel mills mall. that's opening this summer. >>> the effort to put d.c. mayor vincent gray up for a recall vote is running into money problems. according to the washington examiner, it has only $12 in its war chest. the organizer behind the effort calls it a bump in the road. 45,000 petition signatures are needed for a recall. >>> former d.c. mayoral candidate sulaimon brown will be back in court. he's going on trial accused of driving without a listen. he was arrested last september. in one case he said he was promised a job for dropping out of the 2010 mayoral contest and

peter frampton. ♪ with a wine glass in my hand ♪ ♪ who's mine?ght in the 1970s, peter frampton became a phenomenon. when the english rocker with the cascading hair released frampton comes alive, it quickly became what until then was the biggest selling live album ever. ♪ do you feel like i do >> reporter: how does it feel to hear yourself on the radio everywhere? >> well, you know when you're on the radio too much when even you change the channel. >> reporter: (laughing). >> i wish now. ♪ show me the way >> reporter: frampton's descent would prove almost as abrupt as his rise. and just as success was slipping away for the musician, the unthinkable happened. his guitar, the one on the album cover, was lost. when a cargo plane carrying his concert gear crashed. >> i almost couldn't play another guitar. it was so difficult. it was connected to me. >> reporter: when you lost the guitar, did you feel like you'd lost a guitar and your career? >> well, it seemed to be... i lost my mojo. >> reporter: this is the story of how peter frampton got it back. s

well peter thank you for having me on crosstalk what you have here in the middle east basically is an ongoing situation where we're fighting wars for israel and you have divide and conquer that gender that goes back to the israeli look could make loaded you known he had a paper at it written a strategy for israel in the one nine hundred eighty s. and that's what these neo conservatives are following my good friend dr stephen snow gossipy haddad's has written about this in a book his book titled the transparent cobol and what we have are these deal conservatives which are the vanguard of the pro israel lobby in washington and they've started with iraq and they wanted to basically divide and conquer israel's enemies they base that iraq conflict an invasion on the clean break agenda gins of the jewish institute for national security affairs which colin powell had mentioned was in control of the pentagon if you look at the washington post editor karen de young biographical book about him you can look up jones in the index people like richard perle who are associated with. douglas feith da

morgan what was their role in all of this well interestingly enough peter b. c. also audits j.p. morgan and you have peter obviously also auditing the law firm that the trustee get is works for so you have a lot of a vested interest in everybody keeping the noise down and in fact j.p. morgan was the primary banker to m.f. global and j.p. morgan was also the trustee on the bond issue of global had back in august my strong opinion is that no one is willing to say that the money was actually taken or stolen because that means that all of these folks have to acting particular the trustee and they're going to be suing firms like j.p. morgan and peter have you seen like they've done in similar circumstances such as refco or any other bankruptcy new century some of the other bankruptcies that had very strong pointers to these third parties like the banks the investment banks the law firms in the accounting firms who allowed criminal activity to take place the need to look the other way or potentially help them along the way and the reports suggest that j.p. morgan in the bankruptcy was

peter is an expert. am i right?nding the collateral. you can bring more stuff with you to get collateral or get finance or get liquidity from the ecb's window. >> yep, so the european banks will find it easier to finance themselves. >> does that tell you that the next operation they're going to do is potentially be bigger than what they've already done? >> if there's a greek deal they have to. >> it's helpful for banks, the size might be the same but they can put a broad eer array of assets. >> the important thing is they can put a lower quality. >> there you go. >> back to greece, our reporting out of europe, cnbc reporters out of europe are saying we are expecting a statement from greece eminently, shortly, in the next several minutes. what we have been able to confirm just to recap is that there has been a deal among greek political leaders to agree to the austerity deal. we don't know and simon hobbs has written me to ask, to say, is this what the troika is looking for or is this some other deal? >> i think it's

>> yeah. >> i'm peter, on the two points that secretary reed raised. the certifications of an individual voting system are issued by the executive director of the agency they do not require a vote by the commission, and similarly, the release of funds to the states from the funding does not require action by the commission. those are non-discretionary grants. >> so secretary reed, decisions, these decisions don't require a lot of discussion? correct? it's 1s or 0s? stamped yes or no basically? i'm oversimplifying it, but there's a process already in place. check off the boxes. if everything's okay, the certification is issue and/or the money's issued. is that a fair assessment of it? >> absolutely. >> then we need to push to have that done. you're exactly right. i don't think we need commissioners necessarily, and i will take that as a task to help. >> secretary from georgia. >> thank you for being here, congressman pup said a couple of things earlier that i really pishted. number one, empowering the states when it comes to a lot of what we're doing. i

peter, if i look at p/e ratios, they look moderate.n look at home depot, 18 times forward earnings, are some of the big names maybe apple or others getting a little too rich for good? >> brian, maybe some of the other names are. i don't consider apple at 11 times earnings extremely overvalued especially with that cash. overall i think market's still reasonably valued. >> is it too oversimplifying to say it's kind of like small versus large when it comes to safe versus risky, peter? >> yes. mandy, that's an excellent point. if you look at the nasdaq 100, you know, the hundred largest nasdaq stocks, that's up 12.6% this year. whereas if you look at the russell 2000, a much broader index, it's up about 12.1%. there is some truth in what brian's saying about small and risky in general outperforming large. >> the reason we came up with this segment, peter, is we looked at the most defensive of all, which is some utility companies looking at 17 or 18 times forward earnings because everybody piled into them because they were "safe." but when

peter greenberg will tell us. you know him as a funny guy. hill has a new roll in "moneyball." he'll be here today and he's laughing. you're watching "cbs this morning." >> this portion of "cbs this morning" sponsored by macy's. at daisy, our family-owned company... has focused on making the best-tasting... sour cream for over four generations. it's made with farm-fresh cream that's 100% natural. no preservatives. and no added hormones. ♪ do-do a dollop of daisy but not your wrinkles? neutrogena® rapid wrinkle repair. its retinol formula visibly reduces wrinkles in just one week. why wait if you don't have to. neutrogena®. the calcium they take because they don't take it with food. switch to citracal maximum plus d. it's the only calcium supplement that can be taken with or without food. that's why my doctor recommends citracal maximum. it's all about absorption. what if someone steals from you? like a lot. then they go away for a long time. [ siren wails ] [ helicopter blades whirring ] [ officer ] put the fork down. [ male announcer ] kraft

peter and steve, thank you. >> gold near a record high. >> indeed. still ahead on "street signs," blackberry chastity belts, you heard me right. we're going to explain that. >> i want to hear that story. and could innocent sleeping babies be crushing sony? jon fortt's very unique spin on what's killing the company because it's not muffler. across the golden state,jous where everyone has been unbelievably nice. mornin'. i guess i'm helping them save hundreds on car insurance. it probably also doesn't hurt that i'm a world-famous advertising icon. cheers! i mean, who wouldn't want a piece of that? geico. ah... fifteen minutes could save you fifteen percent oh dear... or more on car insurance. take the privileged investing tools of wall street and make them simple, intuitive, and available to all. distill all that data. make information instinctual, visual. introducing trade architect, td ameritrade's empowering web-based trading platform. take control of your portfolio today. trade commission-free for 60 days, and we'll throw in up $600 when you open a

peter. let me say first that i was very pleasantly surprised that you're putting yourself forward for this head of department post, because, to be perfectly up front with you, i wasn't sure you had enough self-belief to do this. i actually have quite high levels of self-belief. good. that's good. now, the last couple of years have been a bit of a learning curve for you, haven't they? we've talked about the dangers of using irony with parents, especially when they're making a complaint... and work for the daily mail. but that's all in the past, and the past is the past. so, now, peter, i want you to give me nine good reasons why you should get this job. nine? yep. off you go, champ. that's just miss braebrook's opinion. it doesn't necessarily mean she's right. are you calling miss braebrook a liar? i'm just thinking... even most christians probably don't believe in a hell where people get hurt. they're the sort of people that will be going to hell. that's what miss braebrook says. i think you

peters says it only gets 30 miles per gallon well under the 50 advertised and peters rejected a proposed class action settlement giving thousands of owners up to $200 in cash. legal experts say in the wake of peters' victory other owners might follow her lead and try to get more compensation in small claims court which could change the nature of class action lawsuits. >> do you feel like you made history here? >> i didn't intend to. i just wanted them to treat me fairly and they didn't. >> reporter: peters says she is react investigating her law license and will try to represent other honda owners to get a bigger settlement. >> that was ted chen reporting. >> a hondapers spokes person sa the company disagrees with the judgment and plans to appeal. >>> coming up right after the break an astronomer creates an out of this world wine. >> and why john travolta is going to donate a plane to a going to donate a plane to a museum. il, any luck finding a ? not yet. i want to buy used but how do you know what you're really getting. check out carmax. all their used cars are guaranteed. that's where