but the guy selling oldsmobiles, pontiacs, buicks, and chevrolets couldn't move a car to save their lives was a very sobering moment. in 1980, general motors, america's symbol of blue chip profitability, reported an annual loss. it was the company's first since 1921. did gm know a changing market meant carmaking anges? robert stempel is the executive in charge of gm's buick, oldsmobile, and cadillac division. things like the energy crisis, oil availability, meant our products needed to get hundreds of pounds lighter. engines had to get more efficient. things we'd given away as we controlled emissions or safety we had to regain. that meant looking at the process that had served us for 60 years. for gm, switching to new plants involved weighing tradeoffs. was it the best place to invest? obviously, your rate of return should be better than that in the banking industry. our country has gone through some good returns on money. so the hurdle rate, the good return on investment, was a key decision. the plant's usable life was many years. we had to think about this decade and beyond. the indecis

attitude of a small town america which i relate to because i grew up in a town pretty much like his -- pontiac >> lou: who is the sophisticated one, i can ask you that coming from idaho. [ laughter ] >> lou: that is one thing. refer to idaho as the cultural wasteland. i did get over it. >> you went to school. >> lou: n't remind me. you've been around a lot of smart, highly successful and amazing personalities. ratedoger's, his intellect, his wit. i've never seen anyone, i have to say the smartest man operating in the business. i only say that because he is my boss -- he really is. he is eraordinary? >> he has done extraordinary things. there is no question about that. fox news is an accomplishmen and before that cnbc and advisor to three presidents. aut that he was sort of a legendary boy producer at mike douglas show. it's hardo argue with his success. however, else you want toook at hhm, he succeeded in everything he how soon tried. >> lou: the idea he has this wit. referring to the fellow wh runs msnbc. i saw one line, his wit is so razor sharp and have bigger thoughts and stories. refring

. >> a speeding pontiac is pulverized. >> when car meets bridge, the bridge wins. >> august 23rd, 2010ek, ohio. at 7:15 am, a state trooper's dash cam is rolling. when a pontiac firebird flying at more than 100 miles per hour swerves out of control, hits a drainage ditch, ricochets off the center divider and into a concrete column. >> the car just disintegrates into a million little pieces. i had just come to the conclusion that the driver had to have been killed. >> remarkably, the driver survivors the crash. as to why he lost control, he has no recollection of the accident and investigators find no alcohol or drugs in his system. >>> disaster strikes when mother nature's wrath brings down the house. the indiana state fair. a hoosier tradition since 1881. on august 13th, 2011, country mega stars sugarland are the night's scheduled entertainment. the video picks up moments before the duo is set to hit the stage. >> you can see the wind catching the curtains and blowing it. the big question is, is that structure created or rated for those types of winds? >> sudden wind gusts of nearly 6

attitude of small town america which i relate to because i grew up in a town pretty much like his, pontiac. he's from warren, ohio. and that's the way we talked back then. >>>> between the two of you, whh is the sophisticated one then, i can ask you that? idaho, the sticks.r rupert >> you've been around a lot of smart, highly successful amazing persalities. rate roger's intellect, his wit. i've never seen anyone, i have to say, the smartest man operating in the business. and i only say that, of course, because he's my boss, but i mean, he really is. he's extraordinary. >> he's done extraordina things. no question about that. fox news is an accomplishment. before that, cnbc. and before that, he was an adviser to three presidents. >> and what became -- >> and before that he was sort of a legendy boy producer. so it is hard to argue with his success. however else you want look at roger ailes, he's a man who succeeded at everything he tried. >> and the idea that he has this wit, referring to the fellow who runs msnbc, i saw one line in an account this week, his wit is so razor sharp and can en

shortly after that, the national weather service in detroit, pontiac, michigan.n just 17 miles southeast of erie, pennsylvania, a report of damage, possibly two tornadoes as they made their way through watertown with downed power lines and heavy flooding. this is the concern and where they said it could occur. the problem is tomorrow. all the ingredients are in place again. it's not just a slight risk, it's a moderate risk. it's like taking a can of soda. when you see the cumulus clouds build high in the afternoon. when they hit the jet stream, it rips the top of the clouds off, like popping the can of soda. you have these supercell thunderstorms. the areas of red, as you can see here. this is the moderate zone. it includes a good chunk of real estate in central kansas, oklahoma. oklahoma city could be in the moderate risk. chad is enroute there and will chase these tomorrow. we'll be in contact with him. >> unbelievable. tonight, new questions about the new athletic director hired to turn around rutger's university program. julie hermann was named in a sex discr

and then shortly after that, the national wither service out of detroit in pontiac, michigan and thenheast of eerie pennsylvania, just southeast about 17 miles southeast of erie, pennsylvania, we had reports of a possible tornado with possible damage. moving toward the waterford area. the problem is tomorrow because all the ingredients are going to be in place again. it's not just a slight risk. it's a moderate risk. it's much like taking a can of soda. when you see those clouds build high in the afternoon, it's like shaking a can of show da. when they hit that jet stream, it rips the top of the clouds off and it's like topping that can of soda. take look at our slight risk area this is the moderate zone. susan, oklahoma city could actually be in this moderate risk later in day as well. our very own chad myers is en route there. >> unbelievable. tom, thank you, appreciate that. now, this 360 news and business bulletin for you. tonight, new questions about the new athletic director hired to turn around rutgers troubled athletic program. julie herman was named a senior athletics adminis

. >>> in pontiac, michigan, another motorcycle stunt goes violent, out of control. >> oh, [ bleep ].id oh, my god, he's either seriously hurt or he's deceased. >> whoa [ bleep ]. >> it's july 2007, and veteran cinematographer stanley bridges is shooting a music video. the local rock group, atl, doesn't have a lot of money for the production. the plan is to make it up as they go along. >> we will figure it out. yeah, that's pretty much all i wanted is gorilla still music videos. >> if there are any rules to gorilla style music videos, the first one is, never turn down the opportunity for a free motorcycle stunt shot. >> a guy comes up to the director, anthony, and he says, hey, what's going on, man? what you all doing? and anthony says we are shooting a video and he's like hey, man, can i be in it? well, sure, man. hey, can you do a wheelie for us, man? that would be great. >> yeah, okay. i can do a wheelie. >> stanley readies himself for action. >> we shooting this shot right now. >> and the guy tries to do it and barely gets off the ground. >> that wasn't no wheelie. that was a bunn

the national weather service out of detroit and of course, pontiac, reporting the possibility of a tornadoey're moving at 30 miles an hour, straight line winds are a very good possibility but not the super cell thunderstorms that we typically see, so again, it is reaching areas of michigan as well. the threat should continue toward the east, maybe into areas of northeast u.s., new england by tomorrow morning, and that's the frightening part when it's overnight but again, the setup and the main concern is in the central plains and the heartland of the u.s., not just the slight risk but it's a moderate risk for parts of nebraska all the way down and it does include, it's right on the edge of oklahoma city. keep in mind, wolf, these moderate outbreaks that we see do not read county lines so it could be one of those days tomorrow where the super cell thunderstorms will drop a few and we'll be keeping a close eye on it. again, chad myers is on his way to wichita as we speak. >> we'll check in with you, thanks very much. let's get caught up on some of the other stories we're following tonight. s

feed it a pontiac grand am, of course. this is awesome youtube video.ar being fed into one of the new refuse trucks as proof it can digest even the more challenging trash. desserts not pictured. >> i don't even know what to make of this. >> i know. >> it's like wally. you ever see the movie where wally just eats garbage. >> that is nuts. nuts. >> amazing. >> we'll see that again and again and again today. 44 minutes after the hour. ahead on "starting point," six weeks after terror ripped through the boston marathon, we check in with a family whose life was really changed forever. all three of them wound up in the hospital. >> wow. >> you're watching "starting point." lf. with unitedhealthcare, i get personalized information and rewards for addressing my health risks. but she's still going to give me a heart attack. that's health in numbers. unitedhealthcare. i tthan probablycare moreanyone else.and we've had this farm for 30 years. we raise black and red angus cattle. we also produce natural gas. that's how we make our living and that's how we can pass

i remember being a pontiac car guy. as soon as i saw the skid marks i knew the movie was wrong.h the trad marks early in the movie knew early. it's similar to the game central banks are playing. some out there know two things. if you put v an unlimited supply of gasoline the fire will get bigger and bigger. there's others who say it's more about where does the gas come from? who pays for the gas? how long do we have it? how long do we get to fire the bid? and if you don't have an unlimited supply of gasoline, what happens next? i think that's very appropriate. one area of the globe that i think that the fire is very important to watch is japan. we all know what their stock market st doing. we all know what the currency is doing. i want to concentrate on the jgbs. you'll see it's rushed up to 86. boy, you talk about markets in a bull run tjgb is it. okay. now let put on information from the bank of japan. from the bank of japan we learned the end of last year they had close to $950 trillion of outstanding jgbs. that's 9 $.3 trillion equivalent. okay. the economy is roughly 4.5 tr