boone pickens.rik schatzker and stephanie ruhle are standing by at the milken global conference in los angeles. stephanie? erik? >> as you just said, we are here with one of the legendary oilman, t. boone pickens. he has been in this business since -- >> 1951. >> amazing stuff. >> why are you laughing? >> i am impressed, that is all. >> that i am still alive? [laughter] >> i went to begin with activism. it is a hot topic. and here is how i would like to phrase the question to you. you are involved in this back in the 1980's. the business was so reviled to transform itself into a force for good. how? >> you are talking about the industry? activism. >> right. i thought you were talking about the oil industry. i was there before they had cars. >> [laughs] >> because you guys in the media figured it out, that what was happening was a huge investment was made. i bought stock in a company. well, what do i want to do? i want to make a company better, and it was reported that i was an asset stripper, that i

and another delay in the and wee xl pipeline, have t boone pickens.rik schatzker and stephanie ruhle are standing by at the milken global conference in los angeles. but as you just said, we are here with one of the legendary oilman, t boone pickens. he has been in this business since -- >> 1951. >> why are you laughing? >> i am impressed, that is all. >> that i am still alive? [laughter] withwent to begin activism. it is a hot topic. you are involved in this back in the 1980's. to business was so reviled transform itself into a force for good. how? activism. >> right. i thought you were talking about the oil industry. i was there before they had cars. because you guys in the media figured it out, that what was happening was a huge investment was made. i bought stock in a company. better,o make a company and it was reported that i was an asset stripper, that i was going to destroy assets. for me to put my money in it and then destroy it, you have to be crazy. >> bill ackman and others are doing today -- in your opinion, is this any different from what

boone pickens. erik schatzker and stephanie ruhle are standing by at the milken global conference in los angeles. >> thank you. as you just said, we are here with one of the legendary oilman, t. boone pickens. he has been in this business since -- >> 1951. >> amazing. >> why are you laughing? >> i am impressed, that is all. >> that i am still alive? [laughter] >> i went to begin with activism. it is a hot topic. you are involved in this back in the 1980's. the business was so reviled to transform itself into a force for good. how? how did it transform itself into a force for good? >> oil? >> activism. >> right. i thought you were talking about the oil industry. i was there before they had cars. because you guys in the media figured it out, that what was happening was a huge investment was made. i bought stock in a company. i want to make a company better, and it was reported that i was an asset stripper, that i was going to destroy assets. for me to put my money in it and then destroy it, you have t

they say pickens did not have permission to be on that campus. he was arrested without incident and book into the santa clara county jail. that's where he's currently being held without bail. pickens had to register as a sex offender after he was convicted of assault with intent to commit a specified sex offense. >>> people in one san jose neighborhood are still waiting for someone to fix a broken water main that's been gushing water for days. nbc bay area's christie smith live near that break. and christie win understand you just talked water officials. they going to do something about it? >> reporter: yeah, they are. as a matter of fact, the crews are finally here this morning. water is still flowing down the street, just a little bit this morning. in fact, neighbors couldn't believe that water would be left to flow out here in a drought, but i did speak with san jose water. they say, actually, two to three days to get out and make a fix is quick. what they do is prioritize, there are major leaks out there, three in the last few days, and those

can we just bring t boone pickens back on? [laughter] that would be awesome. got soth us, we have much more to come with bob jane, the head of pacific asset management. if he is not cool enough, we have will i am. ♪ >> welcome back, everybody. i am erik schatzker, live the stephanie ruhle in beautiful, beverly hills los angeles. with us now, a man who runs one of the world's largest asset management firms. bob janie, overseeing some $420 billion. good to see you. >> thanks for having me. >> where should we begin this conversation? what do your clients want? what are they asking you to invest in? >> i think that there is a lot of appetite for risk right now and people are looking to put money than youe have assets to buy. we are looking at things like mortgages, direct lending in emerging markets. the money is not gone. wants fixed income like volatility equity returns. like 2006 alll over again? >> it does. it feels like the middle of 2005, actually. lot less leverage in the system right now. >> you have started to see the m&a cycle coming back with takeovers,

boone pickens, and another speaking from the milken global conference.ns gives his perspective, while the governor of colorado discusses the

boone pickens, and another speaking from the milken global conference. john hickenlooper. t. pickens gives his perspective, while the governor of colorado discusses the benefits of his perspective of legalized marijuana.

kevin pickens parole office spotted the problem. pickens said he was just looking for cans at delmar high school. even so he didn't have permission and is now in custody. >>> san jose students say the conditions are so bad in one building it's cause for some to faint. broken air-conditioning, potholes in the floors, broken blinds and windows that won't open. all things students say the university has failed to fix. ktvu's john fowler spoke with students to try to prove their point. >> about 100 san jose state students and some faculty members protested what they called intolerable conditions inside deadly moorhead hall, one of the oldest campus buildings, where chanting students today crowded steamy hallways. >> it's very hot in this building. there is no air-conditioning. the heaters are on in the classrooms right now. the heaters are on. >> warm air blew from vents. it was almost 80 degrees outside and almost every classroom they say windows won't open. blinds don't work. the 57-year-old elevator shutters and shakes. >> it's like

take vo ---el arresto ocurrio el 8 de abril pasado cuando "kevin pickens" merodeaba las instalacionesar"... ---pinckens se encuentra detenido sin derecho a fianza por violar su acuerdo de libertad condicional. stop open cesar ---antolin garcia torres, el hombre acusado de asesinar a la adolescente "sierra lamar" take vo comparecio hoy en un juzgado del condado de santa clara en la primera de una serie de audiencias preliminares para fijar la fecha de inicio del juicio en su contra... ---la fiscalia asegura tener suficientes pruebas que lo vinculan a la muerte de la menor que desaparecio en marzo de 2012 en morgan hill. vo cesar ---agentes del fbi interrogaran a miembros de la mesa de supervisores de san francisco en torno a las investigacione s de corrupcion que pesan contra el senador estatal "leland yee"... ---las reuniones seran informales y de caracter voluntario... ---yee fue supervisor en san francisco antes de convertirse en senador... el se ha declarado no culpable de los cargos. stop open cesar ---prepare su bolsillo.. ---muy pronto, la sequa podra aumentar el costo de las ve

so this yeart boon pickens writes about carl icaun.arton write writes abod daughter, miley cyrus. so in some cases we have people who have known each other for many years, but we also asked president obama to write pope francis, who he met for the first time a few weeks ago. >> rose: what is amazing to me about this is this simple idea-- people make a difference. >> we are living in a century that is so decentralized, digitized, democratized where somebody can go from invisible to globally famous overnight by a youtube video that the ability for individuals to exert power that's unprecedented in human history is really extraordinary. >> rose: in medical news this week, the nonprofit group end blindness by 2020, announced it is increasing the prize money it would award to ending blindness to $3 million. sanford greenburg is the chairman o eye institute at johs hopkins university. >> even after 50 years, i can still feel what it was when i went blind. for many months, i had declining vision, and my mother and i went to see a glaucoma spe

they took kevin pickens into custody back on april 8th. deputies cited him for violating a penal code section that requires sex offenders to have written permission to be on school campuseses. he's being held without bail on a probation violation. >>> a trial date has been set for the man suspected in the disappearance of sierra lamar. the 23-year-old is charged with kidnapping and killing her even though her body has never been found. >>> a group of san jose state students are demanding university officials cool off a campus building. students claim the university is turning its head to the hot conditions inside dudley morehead hall. janine de la vega is live on campus with what is being called a feint sit-in. >> reporter: students came in and held what they called a feint-in. they want to get the attention of administrators because they say the building is dilapidated and has no air conditioning. they held a feint-in to demonstrate what they say has happened to people in the building. they say it makes for sweltering conditions. dudley m

of del mar high school last tuesday. >> pam: pickens is listed as a sex offender on the megan's lawsheriffs say it was illegal for him to be on school grounds. he was also arrested for a probation violation. >> pam: police are still investigationing a brazen daytime shooting that left ait happneed around 9 this morning in the 1000 block of willow street in west oakland. >> pam: witnesses say they heard gunshots outside before a young man in his 20s stumbled into a corner liquor store. >> pam: he was taken away by ambulance but police say he died on the way to the hospital. investigators say they're going over witness statements and surveillance video but so far have not released any suspect >> catherine: a developing story. >> catherine: the man arrested for walking around the finish line of the upcoming boston marathon >> catherine: with a rice cooker in a backpack -- was in court today. this is kayvon edson - inhe was arraigned on charges including disturbing thehis mother says he's bi-polar and his mental problems are getting worse. the rice cooker turned out to have confetti ins

kevin pickens was arrested last week after parole officers discovered he had been on the del mar high school campus without permission. he is being held without bail. >>> a bay area police department just hung up a flashy new help wanted sign. >> the police department is recruiting the best and brightest to serve our commute. >> vallejo police just released this new video recruitment ad. it will run on tv and theaters. an annual state grant paid for the production. vallejo currently has 90 sworn officers. it wants to add 20 more by the end of the year. >>> a frantic search for survivors after a ferry full of high school students sank in south korea. the boat capsized just off the southern coast. nearly 300 people are still missing. families cried as they waited for any news about survivors. the ferry sank about 12 miles off the coast on the way to a tourist resort island. kpix 5's ken bastida is in the newsroom. most of the passengers being high school kids were just teenagers. >> reporter: this is hard to watch and heartbreaking as well, allen. hundreds of high school students on boa

hise pickens gives perspective, while the governor of colorado discusses the benefits

. >> santa clara county deputies arrested this registered sex offender saying kevin pickens illegally walked around on the campus last week. >> fbi agents arrested a resident after a raid there. dozens of agents spent the day collecting evidence and waking up the neighborhood. >> this neighborhood had unusual visitors. >> there is a guy in full s.w.a.t. gear here. he just told me to go back inside >> the fbi raided this home on 37th avenue near portolla drive people were startled from the sleep. several explosions went off. . >> i heard a neighbor saying the fbi was serving a warrant. the fbi sorted through evidence, including gun boxes. while on the scene the fbi would not say how many people were arrested but did make a statement. >> the fbi executed a federal search warrant this morning. >> after that statement i received an update from a person close to the investigation. telling me the resident faces a weapons charge. >> in oakland police looking for a person responsible for gunning down a man this morning around 9:00 they found a man suffering from gunshot wounds. he'd collapsed

so if you're to the south of eaton or just to the south of pickens, take cover now.n. we have reports of an actual tornado on the ground and it will be crossing over i55 in just a few minutes. you will see this continue throughout the evening hours. we will see a similar situation that we saw yesterday. now mississippi, alabama, and southern tennessee, the target. so yazoo city area just to the east and northeast of you and all the points in between. and then it will be pulling up towards durrant. this is until 2:45 p.m. very dangerous out there. take cover now. >> very scary, jennifer. we believe he is on the phone with us. is he there? >> yes. >> sir, first of all, describe what you're seeing and the situation there. >> currently, i'm in yazoo city which is going to be to the southwest of where the storm is now. we're clearing up a little bit. it's still raining, however, this is moving like michael said just a moment ago, it is moving towards the i55 pickens area right now. the storm, we did receive some good news. the storm has lifted up. it is not riding the gro

kevin pickens, an electronic monitor revealed he was walking around after hours. he was apparently looking for cans and bottles to sell. but according to state law, sex offenders cannot be at a school without written permission, and that includes even when a school is not in session. >>> you can find it in driver's license tests, evidence of multi culturalism. >> reporter: in our diverse state, surprisingly, the number of bilingual and multi lingual of of p programs has declined. at one school, classes are taught in chinese, starting in kindergart kindergarten. >> our graduates will graduate into a global world, where they will be interacting on a daily basis, not just with the person next door but with the person in the next continent. >> reporter: it's actually hard to start a language immersion program in california because of proposition 227, a 1998 voter-approved law requiring that non-english speaking students be taught in english. waivers must be granted every year. >> i think it's time to revisit the proposition. >> reporter: a state senator and other supp

. >> i want to read you a quote from boone pickens.s smooth as a s dhch stucco bathtub. >> i might argue the bathtub a little bit. >> you think you're the best thing going for corporate america? >> i think what we do is not only -- i really believe must be done if we're going to retain our -- and even if we want to avoid another real collapse in the economy. >> you think you're a savior? >> i definitely believe we help a great deal. i do believe that. >> let's go to keith banks first on this. you've observed this guy for a number of years what. are your thoughts as you listen to carl icahn? >> obviously, very impressive. tremendous track record. he used the word obsession. i'll use a different word, passion. when i meet people like carl icahn and others like him, the passion for what they do and why they're doing it is palpable. and you can just -- you see he it, you feel it, i'm sure, scott, you picked it up when you spoke with him, and carl also has a tremendous eye for value and he knows how to unlock that value, and he fortunately,

if you're watching this, please western pickens county take this storm seriously now. >> now, the storms did significant damage to this elementary school in lincoln county, tennessee. at least 16 counties in mississippi are reporting tornado damage this morning, and rescue crews are trying to sift through the rubble to find survivors. but this might be some of the worst damage. winston county hospital in louisville, mississippi, took a direct hit. the storm blew out windows and tossed cars around. pearl, mississippi, is a jackson suburb about an hour southwest of louisville and it was also hit hard by the storms. dylan dreyer joins us live from there with more. so dylan, what is the latest on the ground there that you're seeing, devastating damage it looks like. >> reporter: kristen, it certainly is devastating damage. i am here in highlands mobile home park. it's just about five miles away from jackson airport, which is where the national weather service for jackson is located. ironically they were the ones issuing the warnings around 5:30 last night local time for this particular storm