how many different power trains does porsche have. >> the beauty of porsche, you can customize everything. i always use the example, even air vents you can customize. with the new panamera. 4s has 440 horsepower. a plug-in hybrid. >> 462 total. >> this isn't like a puts ash high-economy hybrid, it's high performance hybrid. >> it's both. so the economy is there. it's about 30 mile electric driving range, 0 to 60 in 4.4 seconds as you'd expect electric a porsche. >> absolutely. >> top of the line turbo, 550 horsepower 0 to 60 in 3.4 seconds, fastest on earth. >> looks like a porsche, feels like a p what's important. thank you, jacob, for joining us today. i'll be happy to sit in any and all the porsche models you have to choose fr ♪ ♪ >>> one of the new brands in america is hyundai. they have been selling cars in the u.s. since 1985. in a little more than 30 years they have gone from not selling any cars to selling part of that success mike o'brien, he's with hyundai and here to tell us. it's a leading brand. >> we started selling affordable cars. we moved away from that, sell a full range

he's still in the porsche at the pennsylvania convention center.et over it, you're not driving it out of there. >> reporter: the porsche is going to have to literally pry me out of this thing. you melt into these leather seats. i'm happy, i'm at home. i tell you what, i was looking at the new one back there, check that one out. that's the showcase car. that's awesome too. in terms of the tech in a lot of the more normal cars, a lot of the tech is designed to keep us safer by sort of accepting we're all not very good drivers, like blind spot censors. it's a lot of tech that's trying to enable bad behavior but really keeping us safe. jeeps have been doing what they do for 75 years. >> 30 degrees on the ramp base here. >> reporter: getting around and over anything in their way. >> all four tires are on the ground. >> reporter: at this year's auto show there are plenty of vehicles with more and more capabilities we haven't yet seen. lots of safety options you literally can't see. >> when you look at a vehicle thatavoidance it's learning how to drive au

of $5.9 million slapped on nissan, bmw, and porsche.speed with the start of trading the equity space. more onet back and talk 2017, where are the opportunities on the corporate want to market? -- corporate bond market? you are looking to pick up opportunities as you work your way through the year. where are you positioning corporate credit? cash intoinvesting oil, we have some great investments in oil from the u.k., north sea oil users all the way through lng processing plants in the u.s. if you can spot an industry that is going through positive change on the cost space, that is good news for credit. we are also looking at some big companies with the balance sheets that are looking to buy growth. the time to buy those -- that is the time to get in. some interesting opportunities there and in a broader sense, we are getting more defensive outside of that. increasing our utilities, looking to decrease some of the more highly of the cyclical areas of the market. and some of the high yield areas especially european high-yield. 600 is upean

i thought you were going to bring me a porsche.

. >> if i killed my parents, i don't think i would have bought a porsche that first week. >> just a normalid. >> oh, erik. you're a normal kid who killed your parents. >> i know. >> it was a spectacle. >> it's like the crowds in the roman coliseum, you know? blood. they smell blood. >>> my name is lyle menendez. i've been in prison for 26 years. i am the kid that did kill his parents. and no river of tears has changed that. and no amount of regret has changed it. you are often defined by a few moments of your life. but that's not who you are in your life, you know? your life is your totality of it. if you survive it, you're left having to explain it and it's just almost impossible to explain. i think i will end up dying still being in the nightmare of this horrifying event and tragedy. >> bring down the berlin wall. ♪ >> lyle and erik menendez seemed to have it all. they lived in this fairy tale world of wealth and country clubs. they were top flight tennis players. one at princeton, the other heading to ucla. they were rich. the father was a powerful, hollywood executive. >> they had achi

watch, another a brand-new porsche, another bought a restaurant in princeton, new jersey. mean, the list goes on and on. >> they weren't shattered and traumatized by grief. they were having a grand old time, spending the money of the dead man. >> you went off on a spending spree? i mean, i would think that you would be in such grief that you wouldn't be able to buy rolexes and invest in businesses. explain to me, let me understand. i'm, you know, i'm the public. >> lyle didn't buy anything without first approving it with my uncle or my aunt. >> you weren't just two greedy kids who wanted a lot of money. that's what you're saying? >> i didn't know what to do with the money. i went to -- it got to a point where, i have all this money and so much pain, i don't know what to do with it, and -- >> do you still think about the night of the murder? >> every day. i had a dream once that was my mother having been shot, hugging me and me hugging her, and i woke up crying. and i woke up, and i said, "i'm back in the nightmare. i want to go back." i can never forgive myself. i just cou

bmw and porsche have been found to have played around with the omission tests.ock prices concerned. very quickly talking about the ethics markets. it is a dollars story. watching anyo be reaction. the markets open up to the latest gdp. 1.8%, still the slowest pace of growth. >> i have not really ever heard that because it is really reaching a very low bar there. let's get to the first word news for more. >> selling a 20% stake in the commercial banks. theus chilean lenders says bank has been bought by china cosco shipping. boosting its required capital ratio by 40 basis points. looking at shares in sydney. 1% at the moment. joining joe is president where he will help oversee expansion of trading and primer brokerage. the biggest security firm over two decades. and regulatoryl problems. he will be working for can't or out of london. south korea has banned the sale bmw, and porsche after an investigation found the automakers fabricated and emissions test. the three have been slapped with total fines of $5.9 million. carmakers and component supplies are facing incr

. >> if i killed my parents, i don't think i'd buy a porsche that first week. >> i saw what happened and i said, this is wrong, this is awful, how could this have happened? i couldn't accept it. >> what? >> erik menendez was the abused son of wealthy parents. >> the crowds in the roman coliseum, you know, blood, they smell blood. >> my dad had been molesting me. >> he raped me. ♪ >> i was just living in the wake of what had happened. now you have secrets upon secrets. you're not living in the reality of what has occurred and why it occurred with anyone in your life. you're almost, like, emotionally, you're a ghost. you're just living like a ghost among people that are alive. and so, you're just -- you're just adrift. >> entertainment executive jose menendez and his wife were slain in the family room of their beverly hills mansion by killers using 12-gauge shotguns. >> they were murdered, killed gangland style in cold blood. >> homicide detectives say it could have been a mob hit contract killings. >> they tried to make it look like a mafia hit by the kneecapping. they told the police

south korea has banned the sale of some cars made by nissan, the him porsche afternoon investigation the automakers had fabricated documents related to emissions test. they have also been slapped with fines. a spokesman said it will corporate closely with the regulators wally representative of it bmw says the company will work on re-gating -- regaining its certification. china has started a freight train to london as part of the president's efforts to strengthen trade ties with europe according to a state news agency citing china's railway corporation. 12,000ll cover more than kilometers in about 18 days before reaching the u.k. capital. passing through russia, poland, in germany it will carry goods such as clothing, bags, and suitcases. spacex is set to return to satellite launches next week, four months after a falcon nine rocket blew up on takeoff. an investigation said a liquid oxygen tank failed. accepted-- the faa has spacex's report on the explosion. that is your bloomberg business flash. back home in the usa, we have a presidential transfer of power from barack obama to donal

. >> porsche. >> porsche. >> all notre dame. >> all domers hhee? go irish. >> hey, how are you? good to see you. right hand up. left hand on the bible. >> look here. >> how you doing? yeah. >> see you next year. >> right hand up, left hand on the bible. >> thank you. >> hey, look at this. >> thank you. >> all right. right hand up. am i blocking you? >> all right. that should do it for a while. [ inaudible ] >> nice to meet you. take care. nice meeting you. pleasure. >> okay. >> what happened? >> you got it? >> left here and right up here. >> who all -- >> sister, katie. >> sister. >> hi. >> i am, three miles a day. >> nice to see you. >> right hand on the bible and face her. >> i know, more gray in the beard since the last time i saw you. >> i'm here. >> come out here a little bit more. okay, come on in. i've got to wedge in. can you get it? okay. all right. >> good? >> oh, yeah. >>. >> over here. charlie, no -- sam. >> do we have a bible? you can swear me in. let's borrow this. >> all right, one more. ready? this is somebody's bible. >> hello. >> how you doing? >> this is the w

porsche, such a luxury carmaker says it will sell 20,000 models a year to boot.news is not slowing down shares of teslas. shares moving higher because they announced they will give 400-kilowatt free supercharging for model x and model s customers on anniversary of their delivery. >>> i showed you a bunch of websites that blamed donald trump for the nosedive we're seeing yesterday early in the session. remember the dow dropped at one point, 180 points, low of the session. all the major outlets singing a totally different tune today. the dow is about to turn positive. let me bring in a bunch of traders at new york stock exchange cme group. teddy, will you give blame or credit to donald trump every time you see a move like this? >> wells perhaps, but the market acts strange. a lot of noise out there, a lot of political stuff, but market hangs in. you have to tighten your seatbelt, hang on here because i actually think we're going higher. liz:ed to, teddy thinks we're going higher on all of this. guess what, the dow is now positive, up seven points after being down 4

. >> now, look at porsche williams, by the way, she has some breaking news. calling it breaking news, hi there, pardon. >> man, i was jamming right along with you on that one. >> nobody. >> yes. >> i love keith sweat. >> so mariah carry, you have been talking about her since the fiasco but now someone in her camp is going to be the fall guy. >> she has named that person who messed up her performance. now she has fired her long time creative director anthony gamel, he has taken the fall. she said that she did not like his choice of where he decided to place her backup singers. what he did was put them in the risers and backup dancers were right in front of her. she felt like if the backup singers were closer to her when she had malfunction to her ear piece then she would have been able to hear them and pick up coups and continue the show. so that means, everything, that happened that night was reason that she could not here she's blaming on anthony. >> she fired him. >> yes. >> they have been together a little bit. he is on her reality show that is airing righ

i thought you were going to bring me a porsche. >> or a coupon at the grocery store like we just showed you. they're the same thing. right? >> that's the lady i get stuck behind is the lady with all the coupons. >> then they write the check. >> i'll pay the extra 50 cents you're going to save so we can all get out faster. >> colder day though today. >> quite a bit colder for today and weather headlines and sorry i didn't have my computer uploaded. computer, there we are. clear skies out there. we'll see an increasing number of clouds especially in the afternoon hours. gusty, northwesterly winds, still blustery enough and we might be able to wring out a passing snow shower or two. you won't need the shovel. these will be conversational flakes flying by and the farther north and west the better chances you are of seeing the occasional snow flake or two. i don't think' >> not at all and once they pass by you don't have to worry about them. they'll be pretty to watch. the breeze is still out there so it's making it feel colder this morning so you will need the warmer jacket. 43 degrees righ

so -- >> i would like to drive a porsche. >> would you like one for your wedding? >> so, there are countless forecasts out there of when we're going to actually seat proliferation of driverless vehicles, but if i was going to generalize it, it would be about 30 to 40% proliferation in the 2030 time frame. that's what a lot of forecasts kind of glam around. but, you know, should you buy a car now? it is the same question of should cities build parking garages now. do we need to keep increasing our capacity? obviously it is unique to people's situations. what is exciting about today is we're seeing more and more mobility options come out, especially in dense urban areas and i think we're seeing more creative solutions in the suburban areas too. companies like lyft and uber have transformed how we get around cities and reduced the need for car ownership and add in all of the different mobilities of service options, car sharing, ride sharing, car pooling, and then all of the information technology that supports it with, you know, apps that tell you how to leverage a co

but the ferrari in the porsche are not the right fit. you had your eyes on that classic white that you said was lit. >> i've done a lot of stories. >> all the shark lunch but with their tell me about whales last time is that they look for warmer water and that ends up being more shallow water. a lot of boats can skim them. >> i know you would not want me to be sad for too long so i wrote you this poem, i, i might even make it a song. >> understanding on three things about the whale. >> so this is a very rare breed. it's an extinct breed, it's almost extinct. >> researchers don't know much about you, your rare breed. the last 40 years here the only beach whale we have seen. >> what can we elicit? a beached whale. >> a beak whale. this is a beak whale. >> now it is from night and you cannot look prettier. you are all dressed in white and ready to dance. monty the whale better keep it in his pants. >> 85% of the time whales i have an entanglement. they're caught in the commercial fishing nets. there's a dead well that washed up in new jerse

and how about when you turn 16 and i took you to the store to buy a car but the for irony and the porscheot the right fit. you had your eyes on that classic white they said was lit. >> i've done a lot of stories and we release that seal back in the water. >> all the shark lunch. >> with their tell me about whales last time is that they look for warmer water that ends up being shallow water with her food is. boats can skim them not even know that they're hitting. >> researchers don't know much about you, you're very your very rare breed. the last 40 years you are the only beaked whale we have seen. >> what kind of whale? a beached whale? i'd be whale. >> this is a beat beak whale. >> now it is prom night and you cannot look prettier, you are dressed in white and ready to dance. monty the whale better keep it in his pants. don't worry i kept my promise, i told you i would not cry. >> you do seem sad though. >> we just have to do one last thing before we part. our favorite dance, do you remember your part? ♪ ♪ ♪ ♪ ♪ ♪ >> i'm sending you my love and a very big kiss, i don't know what i'm goin

>> i bought one thing that was a tiny bit of splurge, my first car was a porsche 911. car.s an incredible that was when i was down in albuquerque and sometimes i would just go out and drive around at high speeds. -- and fortunately i didn't kill myself doing that. >> what about steve jobs in those days? >> we were both there at the very beginning. a computer andas they came and offered it at various computer club meetings. --were sort of calling colleagues, fixing the gospel of personal computing. the time we worked together most intensely was after the ibm pc came out. steve had a small group at apple that was building the macintosh and he came to us early on and asked if we could commit resources. we had more on the project and apple did and did the early application software that used that mouse graphics interface. it was a huge win for microsoft and probably when the macintosh became most successful. >> when your mother first said, i would like you to have dinner with me and warren buffett will be year, you didn't seem that interested. why was that? i thought he wa

it is coming from a poor porsche, my friends. >> is this punishment? >> i think it is a bunch of dudes having fun. >>> flip to this viral video, which is also a show of ingenuity. it shows your home covered in snow. you need to plow it. >> that's an rc car. >> that is an rc car that has been rigged with a plow. >> and tank tread. >> yes, it's also waterproof inside so that it doesn't get damaged. but the snow or the water, there you go. >> it works well. >> that's the best part. >> entertaining the cat and you're warm and you're off. >> it's working freakishly good. that is moving -- the snow is heavy, that thing is moving a lot of snow -- i won't call it a toy because it is clearly not. >> clearly not a toy. if i had one of these, my kids would volunteer to do it. >> i know, my turn! >>> a colorful new trend. >> oh, yeah, the rain bbow brig look. >> yeah, it's super cool. >> see the rainbow hair transformation. >> we used to do that with kool-aid. >> and it worked? >> oh, yeachlt. >>> plus, it's not your typical train ride. >> we need to find more the

, because they believe people like to drive their vehicles. >> i would like to drive a porsche. [laughter] there are countless forecasts out there of when we will see the proliferation of driverless vehicles, but if i was going to generalize it i would say about 30% proliferation in the 2030 timeframe. should you buy a car now? it is the same question, should cities build parking garages? it is unique to people situations. what is exciting is we are seeing more and more mobility options coming out, especially in urban areas you'd i think we're seeing even more in suburban areas, as well. we have reduced the need for car ownership and you at all of these other options. carpooling, right sharing, and all of the technology that supports it. that tell you how to leverage a combination of them. the more we can reduce car ownership now and encourage people to really do right sharing behavior today, it will be that much more important when we have driverless cars on the roadways. -- in syria, we all want to have a driverless vehicle. it is like having a personal chauffeur. maker and a

. >> that porsche cayenne crashed into the truck. when the flames flared up, the driver of the cayenne was able to get out of there but the driver of the truck was pinned inside the cabin unable to get out. good samaritans decided to get the driver out. fortunately, he was taken to the hospital and treated for multiple fractures but is expected to be okay. the driver of the cayenne was intoxicated and tried to leave the scene but was apprehended and probably will be facing serious consequences because of this. >>> happy birthday, mom. >> it's grandma carmela's birthday. she's about to get a gift card. a really big gift card. >> literally big or just a lot of value? >> the kind of value that some money cannot buy. but you will need money for this. >> the card is in italian because the grandma came from italy years ago. she immediately starts crying because in italian, she's reading, grandma, we're taking you to disney. >> what? >> yes, grandma has wanted to go to disney world for a very long time. she moved from new york to florida in

at least to these are on the run at the stilling to porsche's as the cars were being delivered to thecompany's north america headquarters. bohol think it's caught on video and not just the death about the 1 d decided to boast about the crime and stranded on facebook live. >> reporter: at least two teams still porsche's kron4's headquarters in georgia. the fans streamed the whole thing on facebook live. --they then stream >> reporter: the cars are down and about $200,000. there were be unloaded at a lot when happen. police chased after the suspect the gave up. atlanta police later found the cars of bandit and inside one of them knives, a gun holster and cigarette burns. the suspect. they are still on the run tonight. >> pam moore: will be right back. hey, ready for the big meeting? yeah. >>uh, hello!? a meeting? it's a big one. too bad. we are double booked: diarrhea and abdominal pain. why don't you start without me? oh. yeah. if you're living with frequent, unpredictable diarrhea and abdominal pain, you may have irritable bowel syndrome with diarrhea, or ibs-d. a condition that can b

my first car that i owned was a porsche 911. it was used, but it was an incredible car.t was actually when i was down in albuquerque, and sometimes when i would want to think at night i would just , drive around at high speeds, and fortunately i didn't kill , myself doing that. david: what about steve jobs in those days? what was your relationship with him in the early days and how did it change? bill: we were both there at the very beginning. kit apple one was a kid computer that steve wozniak designed and they came and offered it at various computer club meetings. and we went to lots of meetings. so we were colleagues in pitching the gospel of personal computing. we were kind of competitors. the time we worked together most intensely was after the ibm pc came out, steve had a small group at apple that was doing the macintosh. and he came to us early on and asked us if we would commit resources, so we actually put more people on the project than apple did and did the early application software that used that mouse-graphics interface. and so it was a huge win both apple

was establish back in 1774, and has escorted military generals like world war one general john j porsch ing. >>> president-elect trump will take the oath of office one week from today. stay with "eyewitness news" and cbs philly.com for continuing coverage of the presidential inauguration. >>> first daughter mallia and sascha obama received heartfelt advice from two people inside their shoes. jena and barbara bush public letter to the girls welcoming them to a rare club, and the bush sisters, also, encourage obama's to remember their experiences in the white house , and to apply them to their new lives. the bush sisters reminded the obama's that they lived through unbelievable pressure of the white house, but wrote, through it all, you had each other. >>> and, busted, at the toll plaza, coming up on cbs-3 "eyewitness news" you won't believe the lengths one man went to, to avoid paying a two-dollar fee. how police caught up to this driver's trick using an invention, to skip out on his highway bills. >>> and it is time for the philadelphia home show, we will show you, where you can fwe jus

gates: i bought one thing that was a tiny bit of a splurge, the first car i owned was a porsche 911. it was used, but it was an incredible car. it was actually when i was down in albuquerque and sometimes when i would want to think at night, i would go out and drive around at high speeds. fortunately, i did not kill myself doing that. david: what about steve jobs in those days, what was your relationship with him in the early days and how did it change? mr. gates: we were both there at the very beginning. the apple 1 was the computer steve wozniak designed and he worked with steve and they came and offered these of various -- at various computer club meetings. we were sort of colleagues and pitching the gospel of personal computing. we were kind of competitors. the time we worked together most intensely was after the ibm pc came out. steve had a grp, a small gup at apple developing the macintosh and he came to us early on and asked us if we would commit resources. we put more people on the project than apple did and did the early application software that used that mouse, graphic int

a driver abandoned the black porsche suv along john f. kennedy drive near speedway meadow. the officer discovered many items inside the car. they have not said if the vehicle involved in this afternoon's hit-and-run was stolen. >>> a dead whale found in oakland's inner harbor saturday has been towed to angel island. the marine mammal center says the female whale is either a subadult fin or blue whale measuring 40 to 60 feet in length. the u.s. army corps of engineers towed the whale to angel island to get it out of the way of ship traffic. video from sky 7 shows two large gashes, as you can see, on the whale's side. >>> if you exercise just once or twice a week, researchers say you're getting nearly as many health benefits as people who work out more often. health experts currently recommend that you exercise moderately for 150 minutes per week, 75 minutes if your workouts are more vigorous. a study out today asked 63,000 people about their habits and scientists discover weekend warriors lower their risk of dying by 30% compared with inactive people. >>> now, you're looking

we were talking about where south korean authorities have ,ind bmw, nissan, and porsche having playedts documents. ever grand group, very complicated, but essentially what they are looking to do is they found eight buyers to buy a 13% stake in their real estate unit, when you peel back these financial transactions, analysts describe a backdoor listing $232 i use the company at billion, bigger than the biggest , previous biggest, chinese developer. very interesting story here, restructuring. shery: thank you so much. new year begins with key u.s. economic signposts and the countdown to the fed's first policy meeting of the deer on february 1. kathleen hays has a look at with what traders are bracing for today. got clobbered last year, expectations for the trump presidency, more rate hikes this year, what now? >> we did have a dramatic selloff in the bond market in 2016, accelerating as the year drew to a close. , 5489,ook at this chart treasuries at the end of 2016 fell for five straight months, on the far right hand side of the chart, that big blue line going down. that is november. s

garage, an audi with a brand new sun roof courtesiy of the tree limb that impaled the car and the porsche next to it suffered minor damage. the pickup truck in the driveway looked like it was in a deadly wreck, taking the brunt of the damage. the family living inside is fine but the aftermath has brought on new problems. >> this tree is leaning. >> reporter: it took a hit from the oak tree and is now at risk of falling. >> and this whole root plate is kind of heaved up. >> reporter: with another round of rain expected tonight, we caught up with chris chapman, owner and arborrist in orinda. he showed us exactly what kind of tree hazards to look for. >> you'll see a huge bulge behind the opposite side of the lean, then the tree has been moving and cracks in the soil. that's a big indication. >> reporter: the soil alone can be too saturated or at field capacity, meaning it can no longer hold any more water. >> if you can make a ball with it, you're pretty much at field capacity. >> reporter: he says pay attention to the tree's branches too. they can help determine whether a tree needs to com

kristof, how is it possible that volkswagen, and not just volkswagen, but audi and porsche, bounces backis diesel gate scandal with such a strong amount of global sales? >> the key reason is china. the chinese market in china, the amount of diesel cars on sale are very tiny, basically. it is almost nonexistent in terms of market volumes, so the impact in china from the diesel , andal has been very small china is the biggest market for the volkswagen brand for audi and the biggest market for porsche, so where we saw demand in the u.s. declining somewhat, china has proved a very stable sort of growth. guy: what will the rest of the year look like? >> for the rest of the year, i think the key aspects that almost all manufacturers are currently looking out for is how the u.s. market is going to develop. we have seen very strong growth in terms of volumes in the u.s. for years, and for gm, for ford, for toyota. volkswagen seeing a bit of an exception because of the diesel scandal, they had to stop selling diesel cars in the u.s., which accounted for 20% of the line up in the u.s., so dependin

. >>> in corporate news, south korea is banning the sale of nissan, porsche and bmw models after theomakers were found to have fabricated certification documents. south korea announced in august that it would ban the cars after conducting a probe into whether companies beyond vw falsified information on emissions and noise level tests. last month the government said it would file a criminal complaint against several current and former executives at volkswagen's south korean unit. >>> in the u.s., 2017 could be the year that luxury apartment boom fizzles. according to a new report by mpf research, landlords will likely be forced to slash rents and offer deep concessions as a glut of supply could bring the seven-year luxury apartment boom to an end. since 2010, u.s. apartment rents have jumped more than 27%, but in 2016, they only rose by 3.8%. developers in new york and los angeles are offering big incentives on some projects. >>> looks like hollywood is ringing up the results from hollywood box office. landon dowdy has more on that. >> good morning. happy new year. the box office clo

all working on a lot of these ideas, porsche, a lot of interesting work around electric cars.e pointed the way but a lot of companies are coming very fast on this phase. caroline: the chinese billionaire was there at the event and it was him that was slightly embarrassment made the car didn't quite park and i think he called it a bit lazy that day but tell us about the billionaire behind this company. selena: the billionaire behind it, he goes by y.t. and is well known in china and known for being very brash and very ambitious, sometimes too ambitious. he actually started out as the local i.t. guy on the tax bureau and made his fortunes on the publicly traded company which is like the netflix of china and growing very fast but from there expanded into a slew of other businesses ranging from smart phones, to headsets, t.v.'s, movies, smart bikes and you name it, he's expanded into it. recently we're seeing he may have expanded a bit too aggressively and wrote to an internal memo to employees they're moving too fast and having trouble raising cash. but again, he's a very brash,

drove a porsche in college and followed his father to goldman sachs and then made his own fortune. >> every accolade. >> more recently he produced movies backing films like suicide squad, american sniper and the lego movie but at goldman he ran the mortgage trading desk that helped him spot the deal of a lifetime during the financial crisis. he lead a group of investors that bought the failed sub prime lender in 2009 renaming it one west. as part of the deal the government agreed to cover most of the banks losses. >> one of the greatest examples of governmental partnerships and involvement in bailing out banks in history. >> that's your perspective. >> no, it's not my perspective. ask the government. >> but some of the banks customers donts feel the same. angry protestors are accusing the bank of not having proper documentation. regulators question the companies foreclosure practices but he defends his record. >> let me tell you, one of the most hard aspects of my career was buying it during the financial crisis. >> they sold one west for a hefty profit. his share, $200 million accord

einstein had to modify but he had beautiful sports car old-style porsche or something. and people say no that's not the right style. how do you make this stuff ugly? they didn't like it. then they had to do it because the universe was not expanding. ten years later and astronomers said we were wrong. all of our evidences wrong and the university is is expanding. einstein said i knew it. i should've stock what i believe did cutting through the veils, all the complexity around us to see the simple clarity behind it all where everything was clean, and pristine. so we got rid of those modifications and he went back to his beautiful original equation. as a sort of a mistake many make in your life and it doesn't destroy you. there's something that did destroy him it's a conclusion conclusion that he drew from that. he decided he listen to experimental evidence even when his heart and intuition showed and assisted there is a clarity behind everything. if he held his ground he would've been right he just would've had to wait ten years. on the night -- there's a study coming in

not just porsches and ferraris, he owns some of the rarest cars in the world including some swedish thinglled a koenigseg -- i don't know. koenigseg. he had one of only seven ever produced. it costs something like $3 million for a car. same guy owned this junk, the mansion, the rare cars, michael jackson's bejewelled glove. he owns six life-sized michael jackson statues. not all that big anyway. michael jackson wasn't all that -- anyway. all the same guy. this is the part where i tell you the good news. the guy who owns all of this stuff is not the latest announced nominee for the trump cabinet. no, it is the vice president of a country called equatorial guinea. his dad is the president, he's the longest-serving president of any country on earth. he's been in power for 36 or something years. last year he appointed his son to be vice president and so the son got famous for something other than having michael jackson's bejewelled glove. equatorial guinea is one of the poorest nations on earth. three quarters of the population lives below the poverty line. most of the country lives on less t

glad the call only your porsche is going off. >> i wish. >>> julian assange claimed victory. thank you to everyone who campaigned for chelsea manning's clemency. your courage and determination made the impossible possible. >> on capitol hill, the commutation from democrat was harsh from republicans. joe manchin said the shortened sentences were dead wrong. it gave a green light to hacking and cyber attacks. >> this is wrong. it's treason and espionage. should have been 35 years. >> republican lindsey graham told dana bash manning stabs his fellow soldiers in the back by releasing classified information and putting their lives at risk. president obama by granted clemency to manning, slapped all of those who serve honor aeblg in the face. and john mccain, a grave mistake that i fear will encourage further acts of espionage and undermine military discipline. and devalues the courage of real whistle-blowers who have used proper channels to hold our government accountably. >> scott pruitt tapped for the away. nikki haley, ambassador for the un. tuesday was a tough day of questioni

>> hey, bill, we picked up a porsche for you. i will put it on your tab. >> oh, watters. another amazing demonstration of generosity by "the factor" viewers. "the tip," the moments away. "the tip," the moments away. still trying to find how ara good site.going? they all...want...to... charge me. have you tried credit karma? credit karma doesn't do taxes. does credit karma do taxes? yeah, and they're totally free, so they'll never take any of your refund. oooh, credit karma...huh? we... probably still want those. yeah, good call. file your taxes for free with credit karma tax. >> bill: back to the "tip of the day," you folks help people in desperate need. in an interview with cnn, mayor de blasio said new york city works with ice on money matters. he would never come on "the factor," peter. the cool tech is in many criminalna cases, perps are inadequate after immigration status in new york city. that would be me, anthony. i stated before, i write everything i say on "the factor" and always have. that is called a literary device, deborah. your english teachers did not bring

. >> if i kill my parents i don't think i'd buy a porsche that first week. >> reporter: in an abc exclusive hear from one of the convicted brothers, lyle menendez telling his side of the story from inside prison describing what was really going on inside that home. >> secrets upon secrets. i was just trapped in the same nightmare. >> reporter: what happened in 1989 to the seemingly perfect family at their luxury mansion -- >> i'm just a normal kid. >> oh, erik you're a normal kid who killed your parents. >> yes, i know. >> reporter: in tonight's two-hour special, we take a closer look at the investigation and conviction with never before seen home videos and photos and for the first time, hear from family and friends as they were the private details of what life was like. did the brothers kill for millions of inheritance or payback for a lifetime of alleged abuse from their own mother and father? angel da spanos, abc news, new york. >> the details will be revealed tonight in this true crimes special "truth and lies: the menendez brothers" at 9:00 on abc 7. >>> its extreme debt is burdening

. >> reporter: eric lived in a giant house and drove a porsche, and he was a gentleman in her life after a long string of men who were not gentle. >> i had never been spoiled like that. i remember thinking i was like julia roberts in "pretty woman." >> reporter: tina was moved by eric's story. >> he said to me that his wife died in a tragic boat accident and that they were never able to find her. >> reporter: she couldn't help noticing how great he was with his kids. >> he would sit on the floor and play with them. i actually thought he was a great dad. >> reporter: she was eager to help, taking care of the kids while eric went as usual to the beach. to play volleyball. >> i thought they had lost their mom, they need someone to step in and not be their mom, but do things their mom would do for them. >> reporter: but when they took the kids to visit pegye's parents -- >> there was a lot of animosity towards me. i understood why. >> reporter: all they saw was this hot young woman who had been brought in to replace their missing daughter. >> right. right. exactly three months to the day. i

>> hey, bill, we picked up a porsche for you. i will put it on your tab. >> oh, watters. demonstration of generosity by rove teen viewers. "the tip," the moments away. ♪ >> bill: back to the tip of the day, you folks help people in desperate need. in an interview with cnn, he said new york city works with ice on money matters. he would never come on "the factor," peter. in many criminal cases, perps are not even asked their immigration status in new york. that would be me, anthony. i stated before, i write everything i say on "the factor" and always have. that is called a literary device, deborah. your english teachers did not bring that up in class? it allows me to avoid saying the word i over and over and over. we plan to welcome 300,000 refugees. that is up to you guys, the canadian voters. at this point, your border with us is not a major problem. she was clearly talking about hateful rhetoric, from some of the speakers. the protesters were not at issue without discussion. the nielsen company accumulates data from a sampling of americans watching tv, much like pulling

. >> this porsche, i believe it was a cayenne, one of the suvs. came up behind me, hit my car. i went flying forward. >> reporter: incredibly, no one seriously hurt. right outside charlotte, two hikesers surviving the brutal cold and whipping winds for two nights. rescued. while up and down the east coast, many left in the cold and dark with temporary power outages. in north carolina, more than 30,000. and in virginia, nearly 5,000. all hoping their heat comes back on soon. with temperatures in many places this morning in the single digits. and that's what it feels like here, leaving roads icy and dangerous. blamed on this storm. dan? >> marci, thank you. as we said, the other major weather story this morning is in the west. where that big storm is hitting right now. let's get to rob in san francisco. good morning. >> reporter: good morning, dan. california hasn't seen an event like this since 2005. moisture so deep and thick we call it an atmospheric river. pointed right at northern california. the early rounds of the rain is hitting the entire west coast. to our north in oreg

bill started with the talk that went out of the meetings between porsche else in and president bush and camp david. there were seven working groups. those were going great. seven working groups. i was at the national security council, had two of them. want to talk about is material control. there was no protection and again. i do not know why but there was not. anywhere.ot get the whole time during the bush administration we tried and tried. kevlar blankets, material containers, rail containers. i could not get a new deal. i cannot get anywhere. we were stuck. meeting after meeting, there were bureaucratic impediments. foreigndealing with ministry at the time. finally, charlie curtis got into office. and people just kept saying, wait for charlie. wait for charlie. things will get better. and they did. charlie came over one morning to the white house where i was trying to get this thing going. we had records. charlie told me that sid hecker had been over. they had formed really good personal connections. and there was a chemistry. scientists know that scientists always differ. but maybe

he promised major news conference that day nds post porsched it.rump is a magser aft these sorts of events, these sorts of press conference formats taking questions from reporters, the tougher the better and yet he's chosen not to do it. since july is the last time he had a full-blown press conference. he was doing it when he was convenient for him in the primaries. he chose not to hold the events during the general recollection or after he was elected in november. now, kellyanne conway is saying january 11th is the day but there's a caveat. watch what she said last night. >> i believe it was rescheduled for january 11th original fally and if the lawyers and the compliance officers feel like we're ready, then we'll stick to that date. it's really up to them. i talked to the president-elect today about press conference and i know that's the current plan. >> so that's the plan right now. january 11th. but she added that caveat there if the lawyers are okay with it, kellyanne conway says it's all about whether his plans for his business empire are in