the rolex watches win.onversation he was listening to on the radio where they were talking about rolex watches in particular. >> they got into a discussion about the idiocy of rolex watches and why any man would need one. it's a symbol of the terrible values, etc. well, i think that's a little .illy i think i could buy a sixpack of rolexes with this. so what? .> it is just so arrogant >> is watch retails for $15,000- $20,000. >> so arrogant. why would you make a comment like that? >> he acknowledges he made a mistake about the analogy but this debate over the 99% versus the 1% is an age-old debate. when he talks about his rolex watches, his underwater airplane, his yachts he collects , i asked him if he felt he was a bit divorced from reality and he doesn't think he is. me hisdescribing to reality. it's not the reality of the 99%. it is his reality. thing to say some of that on live tv, but it's a whole other thing entirely to write it in an op-ed. he's coming out and apologizing but this is something that

constantly around rich people, look at the table rolex, rolex, rolex and studly they don't fit in anddoes have a corrupting affect on politicians in a variety of ways, actually. >> and that's universal. the point, the last point david made is absolutely universal. we have a system that is excessively deferential to people with money. politicians spend too much of their time seeking the approbation and the support of people with money. and a little resentment develops. not in any way justifying bob mcdonnell, bob mcdonnell was a very appealing political figure. he was a real possibility to be on the ticket. he won as a conservative in a swing state, the battleground state. >> the vice president, in virginia, he governed as a moderate. he was successful governor. but and this is not somedy selling the mineral rights of a country. this is not rob blagojevich selling a u.s. senate seat to the highest bidder but it is grubby entitlement. and the rolex gene which is exclusively male is a real disorder. it truly is i have no idea. i mean bernie madoff had 17 rolexes. jessie jackson, jr.,-- 1

>> he could have walked a few six packs over rolex-- of rolexes with that watch. joining me is an early-stage venture investor. i know you have been following this all week. what do you make of perkins' comments? anything, if possible, i find him more offensive than i did earlier in the week. it was offensive the first go around, and now it is cartoonish. he walked back some of his most egregious comments with respect to the direct comparison to the persecution of the jews in nazi germany, but he went off the ranch with all of this other commentary. stuff,t socioeconomic but you asked whether or not he is connected to the economic into a, and got conversation about underwater airplanes and six packs of rolexes. either he has no grasp of how to construct a sentence, or he is completely adrift. >> so much feedback. the vast majority of people agree with you. some people have come to his defense. >> oh no. >> i want you to listen to another thing he said. this is an argument that has been made over and over again, just now in this specific way. take a listen. >> it i

he says it's a rolex. she tells the ceo she would like to get one for governor mcdonnell, because he would like a rolex too. the ceo reportedly expresses concern about whether a senior government official like the governor of virginia would want to be seen wearing such an ostentatious luxury item, maureen mcdonnell told the ceo that she wanted him to buy a rolex for the governor. the ceo subsequently bought that rolex for the governor, and at the first lady's request, it was engraved, 71st governor of virginia. and that was, according to the indictment, all in one day's work. the indictment alleges that all of that, from the photo of him in the ferrari to here's what i want the inscription to be on the rolex, the indictment alleges that that all happened between sunday night, july 31st, and the next day, monday, august 1st. today, it was announced that the senator mike lee will get the tea party response this year to the state of the union address by president obama. we still don't know who's going to give

this is not a rolex. i could buy six rolexes with this. so what?50 million, you don't clearly. -- you don't think clearly. does your silicon valley think clearly? thanople have made more $50 million in silicon valley and still think clearly. people have done a lot of good philanthropic late. >> people say mark zuckerberg has turned around. >> partly for public relations reasons. if hely asked him provided for his friends and family. he said i have relatives in poverty. he said not direct relatives. >> that was helpful. if you strip out the bad word choices and the bad historical comparisons, what he says is not that different from what many conservative republicans might say. inequality, for the lower interference and lower taxes. how is that different from the republican party? >> it is different in style. you can argue you should lower taxes but perkins is coming at this from a different angle. there probably has been an overreaction in some ways. why stopbusses? that is too much but perkins is out there. our capitalism is much more broadly distr

this isn't a rolex. i could buy a sixpack of rolexes for this, but so what?> that comment caused a small explosion on twitter. here is some advice perkins has for the 99%. >> i think the 99% across america should pay attention to politics, follow where it is going, do read the newspaper, don't try to get everything over twitter and facebook. it's not bear. and worry about the future, , i thinkight now america faces a very, very troubled future. >> quite a jump to assume the 99% doesn't read newspapers. in the end, he says being an object of scorn is just part of life. >> i am an old man. i look back on my career with great happiness. it i think i have accomplished a lot. if i had to do it again i don't think i would change. and i am at ease with myself. the fact that everybody now hates me is just part of the game and i am sorry about that, but that isn't what i meant to do. >> you can watch more of emily's interview with tom perkins on bloomberg.com/tv and on our free mobile app, bloomberg tv plus. when great is not good enough. there is only one company tha

this is not a rolex. buy a sixpack of rolexes, but for what?at is tom perkins, the founder of klein perkins, speaking in a controversial interview aced on a controversial piece he wrote in one wall street journal" wealth. my guess is back with me, wishing that today was not the "money moves." what do you think about putting the entire silicon valley in focus? >> this is an albatross strapped to the wrist. we are in a world where most people do not wear watches anymore. >> or they wear smart watches and other things. >> that is coming back. they probably were not wearing a watch in the first place. things are being team at your allies. you are not valued by your book collection or record collection anymore. rights arebragging now ideas, right? >> ideas is the new world, and what you are finding today with funding companies and founders, and i give you an example of one that was announced today, indy raised $40 million to help people democratize funding across the globe. hopefully become incredibly wealthy. they started off with an idea. that is

discussion about the idiocy of rolex watches and why does any man need a rolex watch, and it is justbol of a terrible values. well, i think that is a little silly. this is not a row locks. i could buy a six packs of rolexes but so what? >> the rest of my interview with tom perkins, founder of kleiner perkins coming up. what is the solution? how can we heal the divide? ♪ >> i am emily chang. tomhat about that and watch perkins said could buy a six packs of rolexes? about that watch and the man wearing it. >> it was a gift. >> what is the brand? >> richard mille. built a gift because they a big boat. >> you are from the 99%. this is something you never expected he would one day be able to wear. >> absolutely. >> tell me about where you came from. i am a nerd. i went to white plains high school, which was not big good was not al -- which particularly good high school. it was athletically oriented and then i got a scholarship to m.i.t. where he became captain of the swimming team. in at from being a geek school of jocks to a jock in a school of nerds. millions, youde have created billion

this is not a rolex. i could buy a sixpack of rolex is with this. >> we have more with the outspoken venture capitalist tom perkins. he is not backing down from his message on class warfare and we got the highlights coming up. also, for better or worse, the global tobacco industry is innovating and growing and we will ask one portfolio manager whitey is betting big. apple is the biggest market this biggest company out there but it is trading down this morning. it reported its first quarterly earnings and raised questions about a lot of things. we are wondering if there's any growth (the company generated more revenue than projected but as projections have made investors uneasy. time when i think of apple and i look at them putting the biggest quarter up and i say it's not that bad that the growth is not there. >> the issue is not the current quarter. it is the outlook going forward. are issues where if you look at the shipments, they are beginning to really slow. they need to innovate and they need a larg

. ♪ in auld lang sine >> i'd love world peace or the pinnacle rolex.rew world peace, just bring me the rolex. >> residents in rhode island not happy with the renovations taylor swift is doing her homes. >> and if you want to make a box office hit, you better cast jennifer lawrence. the actress was named the most bankable actress. according to the ap, bon jovi has the top grossing tour of children raking in $259 million, and beyonce came in second with just $168 million. >> leonardo decaprio had to learn how to act like he was on quaye lewds. he said "a lot of the research that i did really came from watching this one video on loop, it's on youtube." >> and going to mars, we have the details there. you're watching "first look" on msnbc. >>> leading the news in the "l.a. times," mars one: 1,058 applicants still in contention to start mars colony. 55% of candidates are male, 45% are female and 63% have a bachelor's degree or higher. and on nbc news.com, kim jong untours his newly built luxury resort. looks like it's built for one. >> just after midnight,

the indictment claims they excepted designer clothing, -- and a, and rolex rolex for endorsing star scientific. i never promised and mr. williams and his company never received any government benefits of any kind from me or minus ration. -- or my administration. >> the washington post said that federal prosecutors offered a deal that if he led one -- click guilty to one count of felony pledcharge -- that if he guilty to one count of felony bank charge, then all charges would be dropped against his wife. we will have the latest on the development from today at 5:00 and 6:00. breaking news out of cairo egypt. at least five people are dead in two separate explosions. this video comes from the first blast in front of police headquarters. state media reports the blast killed at least four people and wanted dozens more. egyptian security officials say one person died and eight were hurt in a second blast that targeted police vehicles. there was a third explosion near station near the pier mids. no casualties reported. degrees outside. find out what happened after justin bieber's court appearance tha

just bring the the rolex. >> i want you to bring me breakfast every morning.hat's what i want. >> you had too much time to think about it. >>> this is taylor swift's home, rhode island residents, they're not happy about the renovations she's making to it. they say it's altered the coastline there. according to state officials, swift was given approval to move the boulders. >> moving heaven and earth. >> that's a big house, though. well said. >>> paris jackson is home since her reported suicide attempt in june. after her hospitalization, she was in boarding school in utah. >>> if you want to make a box office hit evidently you have to cast jennifer lawrence. the actor was ranked the most bankable for 2013. >> her bank is growing. >>> tom eddalston wins people votes by 52% as the actor of the year. >> because of thor. >>> according to ap bon jovi has top grossing tour of 2013. number two, beyonce. she came in second with $188 million. >>> leonardo dicaprio had to learn to act like he was on queludes. saying a lot of the research that i did really came from watch

. >> i would love world peace or a new rolex. forget about world peace. screw world peace, just bring me the rolex. >>> the olympic games in sochi russia are just 36 days away. we will find out which men and women will represent team usa. the player expected to wear red, white, and blue coming up. >>> an nbc photographer getting national attention for that right there. someone recruit that guy. plus, the story after the break. >>> nfl tickets are already sold out. tickets went on sale after season holders had their shot. the game is set for january 11th. the opponent has yet to be determined, either the 49ers, green bay packers or new orleans saints >>> talk about an amazing catch. you can see a tv cameraman catch a 50-yard boom. turn around, refs, check that out. the ball came at brian. he ais a photographer with kusa. give that guy the job >>> to the ice now where the nhl winter classic returns to nba. michigan stadium in detroit has undergone an amazing transformation, turned from a football field into an ice rink. the video was released by the nhl. yo

>> i'd love world peace or the pinnacle rolex. you know, forget about world peace.st screw world peace. just bring me the rolex. >> so direct. >> rhode island residents not happy with the renovations taylor swift is doing her home. they say it's altering the coastline. according to officials, swift was given approval to move the boulders. >> if you want to make a box office hit, you better cast johnson i ever lawrence. the actor was named the most bankable for 2014 and she was in a lot of movies. >> and tom hidleston is eonline's top actor. and bon jovi has the top grossing tour at $259 million and beyonce came in second with just $188.6 million. >> and for a movie, leonardo decaprio had to learn to act like he was on qualudes. "a a lot of the research that i did really came from watching this one video on loop. it's on youtube. real acting tips. >> and the applications for a one-way mission to mars has been whittled down. you're watching "first look" on msnbc. in your mouth, bacteria forms in layers. listerine® penetrates these layers deeper than other mouthwashes,

. >> like ibm, google, amazon, and dot-rolex, so on and so forth. these companies want to establish their own identity complete with their own company name and brand name to the right of the dot which they believe will add more value to their businesses. >> google bought 100 other tlds including dot home, dot music, and dot youtube. the organization that organizes and enforces all the unique addresses for the web said, i began to see the expansion when names began to slink. >> it allows for opportunities. it's as though a road system has gone from a two-lane to multi lane highway system. this will allow communities to get together and wield around a particular purpose that has meaning and purpose of how it's identified. >> until now they are assigned those that own dot-net, dot-tv, and what people can buy. they said most consumers will not want to going outside of the dot-come domain. >> the company called donuts dot co it's got nothing to do with donuts, but investors have pumped $5 million into the company. donuts dot co plans to put out a new bat

. >> a silver engraved rolex. >> there's a desperation and a stupidity of texting for a 20 grand loan. >> he says he did nothing illegal. >> chris christie taking his most serious shot yet from within his own party. >> the problem for christie is that there's too many official investigations open. >> both of them have this taint of scandals. >> this is a stunning fall from grace. for mcdonnell, it is game, set, match. >> he is bringing baggage from new jersey. >> if christie can recover, there's no doubt it's going to hurt him. >>> call it gift gate or maybe operation return to sender. 11 days after closing the door on the governor's mansion, bob mcdonnell and his wife have been slapped with a 14 count federal grand jury indictment for accepting illegal gifts from wealthy businessmen and johnny williams. gifts they began soliciting before they set foot in the governor's mansion. the wife asked williams if he could foot the bill for an oscar de la renta dress. the first lady of virginia explained they had a cash flow problem. i need to talk to you about inaugural clothing budget. we ar

. >>> also right now, louis vuitton shoes, ipods, and a rolex watch. all on the list of illegal gifts that bob mcdonnell allegedly accepted. but is the case against the former virginia governor a slam dunk? -- captions by vitac -- www.vitac.com >>>. >>> hello, i'm wolf blitzer reporting from washington. all of that coming up. but right now, disturbing reports of shots being fired on the campus of the university of oklahoma in norman. campus and local police are responding, we're told. we don't know whether anyone has been wounded. the university is advising all students and faculty -- in fact, everyone on the campus, to shelter in place. unfortunately, this is an all-too-recurring situation. yesterday at purdue university, we saw a similar shelter in place warning being released after shots were fired there. this one at the university of oklahoma in norman, oklahoma. you're looking at live pictures courtesy of our affiliate, koco. once we get more information, we'll update you. but right now everyone on the campus is being told to, quote, shelter in pl

and you said you could buy a sixpack of rolexes. >> that was naughty. that was off the air.s a gift. it was a gift because i built a big boat. >> you mention that you were from the 99% and this is something you never thought you would be able to afford. tell me more about where you came from. >> i am a nerd, a geek. i went to not a particularly good high school. it was very athletic in orientation. i was not. then i got a scholarship to m.i.t. and became the captain of the swim team. then i went from being a geek in a school of jocks and then a jock in a school of nerds. how quickly life can change. i got a great education at m.i.t. i went on to harvard business school. then i went to work for hewlett-packard, which was a very small company back then. this is in 1957. i think the revenues were under $20 million a year. everything i learned about venture capital i learned from david packard. we became close friends throughout his life. and he was my mentor. >> here we are decades later. you have made millions. you helped create billionaires. you created a multimillion dollar

all mapped out in be an indictment the gifts include everything from oscar dela rent a dress is a rolex watch money for their daughter's wedding and thousands of dollars in loans all of it adds up to about one hundred sixty five thousand dollars and in return the prosecution alleges that they use their position of power to grant to promote this company and to grant special access to government leaders now before the arraignment the judge made it very clear that this case will not be tried in the media but will be tried inside that courtroom cited a local rule local rule fifty seven prohibiting any anonymous leaks to the media the judge made it clear that he will anybody that does leak to the media will face severe severe penalty is as for the mcdonnell's today they walked into that chamber hand in hand smiling on this day that could be the beginning of a very long saga their trial date is set for july twenty eighth if they are convicted they will each can face a maximum penalty of thirty years behind bars here in richmond virginia liz wall r t. let's talk a little bit more about this la

a statewide lottery siegelman got no benefit out of that whatsoever nothing not even you know the rolex watch and but he had angered crow rove and karl rove went off on this vendetta got god siegelman put in prison i think the big mistake or not a mistake but i think the the big thing that's driving the bob mcdonnell thing is they got so much publicity over the last year particularly impressive media. it couldn't be ignored sure one of the things that came out in the e-mail exchange between johnny williams and maureen mcdonnell is that the couple was in a lot of credit card debt and it seemed it was struggling and one of the things one of the first things that she was going to receive but she didn't it was an inaugural address and she basically was complaining how they didn't have money to pay for that do you think there's a takeaway here looking at what this says about the culture of people in high political office and just having to keep up with sort of this lavish lifestyle you know lavish possessions and destinations and so on and so forth you know it could be bird there are a lot o

or rolex. >> i think we can agree to the bama behavior, but i have been thinking about this.ssentially what they did is traded personal money for access for this man and his company and for some sort of government goodies, which other than it being personal money rather than campaign money, is not that different from what essentially every politician does. it's made me think about, and that's again, not to excuse them, what they did was wrong, it was corruption, it was a violation of the public trust, but it just struck me the operating level of corruption that we accept in our political system on an every day basis. if it's lockheed martin giving money into a campaign account with full expectation that they are going to get a vote or access or a project or whatever it is, we look the other way at that. >> well, and governor mcdonnell made the point that every president would be found guilty of this if you looked at it that way, because you got donors becoming ambassadors, things like that. and we do draw sort of an arbitrary distinction between campaign money and personal mo

he is now remembered for rolex watches and gowns for his wife this discredits government and politiciansblicans couldn't be happier. they want power taken away because might use the power to help boost the economy and help americans who need a little more assistance. >> today we found out that mike lee of utah and ted cruz being named to be the voice of the tea party. i guess we will cover it on msnbc. so a three ring circus next weekend. it seems they will make the point politics sucks. >> what is interesting to me is the tea party announced who their guy is but the establishment republicans haven't picked their guy because the -- it is a problem for the likes of john boehner, someone who said he wants to get immigration reform done. they don't have ambassadors anymore. marco rubio there is no one left, they have a very short bench. >> we picked up the rock and we see the bug life under the rock. it's not pretty to look at. maybe somebody will say a working class regular guy may be the smart move for them. >> what we have here or in the next year or two is the division between tea party

sports cars collide at the grueling rolex 24 at daytona. incredible video. >> tremendous impact. scary to look at. >> what caused it, and the driver's conditions this morning. >> frozen football forecast. the first outdoor super bowl in a cold weather city ever. and it's a week away here in new york city. our weather experts are looking at snow, rain and ice that could affect the big game. >> and red hot pre-grammy party. ♪ don't you ever say -- inside the legendary bash thrown for the giants of the music world the night before the big show. >> good morning, america. good morning. >>> from abc news, this is "good morning america," sunday, january 26th, 2014. from new york, dan harris and bianna golodryga. >>> and i will definitely be watching the grammy's tonight, one of my favorite award shows of the year. good morning, america, great have dan abrams in. dan harris taking time off. >> i thought maybe dan harris went there for the weekend. >> i hope he was somewhere warm. >> he is on the red carpet. >> exactly. >> he does drum, you know. >> he's been trying to do pop news since i

holiday season and everybody was giving gifts, how would you like to have gifts like a ferrari and a rolexner gowns or at least the use of a ferrari. apparently, it is not that good of a thing when you are a former governor of virginia. this is part of a federal indictment against bob mcdonald as his wooi and they have come out to the microphones toed addretoed address it head-on. >> breaking news out of new albany, mississippi, a biodiesel plant is on fire after an explosion there. very little information coming in. apparently, it is so hot that the firefighters are having trouble getting close to this plant. it is a biodiesel plant in new albany, mississippi. there is report that there were workers at the plant at the time of the explosion. no one at this time knows if there are any injuries. we can tell you the union county sheriff's department has started to reroute traffic around and away from this fire. highway 15 is being closed. they are being rerooted to highway 115. there are several businesses in this area that are being evacuated. the only silver lining on this is that there ar

you shut the government down or looking for rolexs or ferraris or closing lanes down in new jersey.is christie has not admit mid to wrongdoing and maybe it's not going to be discovered. he is the great hope of many republicans still that are worried that no one in the field can beat hillary clinton. bob mcdonald, bob for jobs mcdonald just as rick said was once the great hope. real rising star in the party. someone who even held very conservative social positions didn't accentuate them. only spoke about the free market and self-empowerment and great messenger for the republican party. this is a terrible p.r. embarrassment for the party again. they are both tales if governor christie is found to be guilty of any of these allegations of real corruption. >> they're both denying it. it's a fight that they have both got to endure. now to texas. state senator and gubernatorial candidate wendy davis taking heat. accused of fudging the details of her life story on the campaign trail davis touting triumph. dallas news raising questions about some of davis' claims. your thoughts. >> the parti

this is -- rolexs and stuff.s astounding. >> he has taken very conservative positions in the passion what smart when he ran for governor in 2009 to run on bob for jobs and personal empowerment and the free market and using rhetoric republicans hoped they could win on to get away from social positions and took only about economic policy, and jobs. and he did it so well, his response to the state of the union was so effective everybody thought he was a rising star0. so seeing the timeline of they're behavior and the requests they made, hi knew his star was rising and still engaged in this type of greed. and it's really -- it's quite remarkable, it also starts on page one, and i think anyone who likes to read indictments will be rivetted. even people who are not would find this a page, turner. the very first outreach to johnny williams was a request from the newly elected governor or virginia to use his private jet and he had never met him before. >> it wasn't long before he was saying nice things about his products

sports cars collide at the grueling rolex 24 at daytona. incredible video. >> that was a tremendous impact. scary to look at. >> what caused it, and the driver's conditions this morning. >>> frozen football forecast. the first outdoor super bowl in a cold weather city ever. and it's a week away here in new york city. our weather experts are looking at snow, rain and ice that could affect the big game. >> and red hot pre-grammy party. ♪ don't you ever say i just walked away ♪ inside the legendary bash thrown for the giants of the music world the night before the big show. >> good morning, america. good morning. >>> from abc news, this is "good morning america," sunday, january 26th, 2014. from new york, dan harris and bianna golodryga. >>> and i will definitely be watching the grammys tonight, one of my favorite award shows of the year. good morning, america, great to have dan abrams back in this morning. dan harris taking time off. >> when i heard the grammys this weekend, maybe dan harris went there for the weekend. >> i hope he was somewh

include shopping sprees formore morine $15,000 for their daughter's graduation, a ferrari, a $6,500 rolex engraved watch, engraved with "71st governor of virginia." in return, mcdonnell is accused of using the power of his office by attending events to boost the company's credibility and he used the governor's mansion for a launch party for a pill not approved by the fda. >> while i deeply regret accepting these legal gifts and loans from mr. williams, all of these have been returned or repaid with interest. i have apologized for my poor judgment and i accept full responsibility for accepting these legal gifts and loan. however, i repeat again emphatically that i did nothing illegal for mr. williams in exchange for what i believe was his personal friendship and his generosity. i never promised and mr. williams and his company never received any government benefit of any kind from me or from my administration. >> the 43-page indictment includes a glimpse into the mcdonnell household and the financial pressures they faced. moron reached out to williams for help purchasing an inauguration dr

shopping spree, a $50,000 loan, a weekend to the vacation home and keys to his ferrari and a customized rolex watch for the former governor. >>> 41 years after the landmark roe versus wade decision thousands were demonstrating at the mall and ended at the steps of the supreme court. people say they braved the bitter cold because the issue is that important to them. pope francis showed his support by saying he was there i prayer. >>> tonight people in russia are promising a fortress of security for the olympic games in sochi. after threats and concerns surrounding possible attacks the russian army has deployed artillery and rockets in the mountains to shoot down a 9/11-style attack. there are high level talks about the u.s. lending moscow high tech equipment to stop remote controlled bombs but security experts tell nbc news there is not enough time now to install the detectors before the games begin. you can stay on top of the latest with olympic security and the athletes and the competition with nbcwashington.com. we invite you to download our app and take the games on the go. >>> some new dr

. >> the mcdonnells are accused of accepting illegal gifts including designer clothes, a rolex watch, golf clubs and iphones. the governor admits accepting those gifts but denies doing any political favors in exchange for them. >>> a frightening flashback at columbine high school in colorado yesterday. the school was on lockdown after police say threatening phone calls were made to the front office. the lockdown was lifted at the high school and other surroundings schools when police determined that the threats were not credible. columbine of course was the scene of the deadly shooting tobacco in 1999 -- back in 1999. >>> in indiana a student is arrested and faces felony bomb making charges. this young man the 20-year-old indiana university student had bomb making materials in his off-campus apartment. the student admitted to having the materials and other dangerous chemicals. but denies any intention of making explosives. >>> have you noticed them hovering over the district at times? military blimps? now this method will span much of the east coast. david martin reports. >> reporter:

it's horrible, ferrari, rolex. you just hate the former first family of virginia.e's the tip, we read in the washington post, they were offered one felony to get rid of the 28 counts indictment. and if he accepted one felony, 14 counts of hers would walk away, and 13 of his. that's the most fantastic plea offer ever. >> he turned it down. >> the only reason a prosecutor gives you that fantastic deal, especially in virginia, is it's a weak case. the quid pro quo is weak. otherwise never a deal like that. >> i have to ask you, senator santorum. you served in congress, in the senate. did you have people coming up offering you this kind of stuff? what would you do if somebody offered you a little spin in the ferrari? >> no. actually no. >> you're insulted. >> i'm stumped. i don't think how you think you could take any of this. even if there is no quid pro quo. even if it's the law in virginia, you can accept gifts. and that's okay. but it's not okay. >> that's a different issue. that's the ethics and disgusting and gross. but whether he goes to prison. >> the senator i

you know, a little $15,000 for the daughter's wedding here, a rolex watch here.amounted to anything huge in his mind, one presumes. and it is true that in the commonwealth, you can receive any sort of a gift you want as long as you disclose it. that's what the senator is talking about in terms of the changes that need to be made in virginia law. but the real problem is here is what is being alleged is he did do things for this company. the wife did do a testimonial for this company. they raised the stature of this company using the governor's office. and ethics law aside, that is illegal. >> senator mceachin, i'm trying to understand. in virginia, you're allowed to get certain gifts, but you're not allowed to do favors for them that would be using the state's funds or the power of the state? >> absolutely, reverend. you cannot pay to play in virginia or any state in the nation. but what is important here is the governor, if he did these things that he is alleged to have done, did not report these things. and that's the haul mark of virginia transparency. that's t

$140,850 including multiple cash payments, black louis vuitton shoes, white louis vuitton shoes, a rolexngraved with 71st governor of virginia, a blew armani jacket and two dresses. one pair of emilio rose earrings, two sets of golf clubs and two iphones. i'm reading you only part of the long list of gifts alleged in this complaint. by the time the scandal had reached its apex in 2013, governor mcdonnell issued a statement, apologizing, while contending that all the gifts were legal, and he announced repayment of $252,178 for one loan, and $783,000 for two additional loans. that did not stop the work of federal prosecutors, who today in their indictment charged them with such charges as conspiracy to obtain property under color of official rights. a little more than an hour ago, former governor mcdonnell responded to the charges. >> while i deeply regret accepting these legal gifts and loans from mr. williams, all of these now have been returned or repaid with interest. i have apologized for my poor judgment and i accept full responsibility for accepting the these legal gifts and loans.

the details of that long gift list, from designer dresses, golf clubs, iphones, a silver engraved rolex. it includes a shopping trip in new york for mrs. mcdonnell, where the former ceo of star scientific spent $11,000 on her out oscar de la ren that, $5,000 at louis vuitton. let me bring in our company, anna palmer, alex, political correspondent for the national journal. good morning. >> good morning. >> alex, you heard what the former governor said, he said he used poor judgment but didn't do anything illegal. now look, neither one of us is a lawyer, but is the question here the line between what's ethically wrong and what's legally wrong? >> yeah, i think that's right. even if these charges don't stick, even if he's acquitted, his career is over. this behavior is so unseemly. you can read the indictment and it's just something that is just icky and turns off any voter, any politician, especially a guy like bob mcdonnell, he had such a squeaky clean image. so it's a real shock. huge rise and fall for this guy, almost four years, almost a shakespearean collapse. he packed a lot in this

did it have to be a rolex?re's always a grasping nature to these allegations that goes beyond i think simple financial trouble. >> and the shopping trips. mark halperin, up there in new york. oscar de la renta, louis vuitton. this was no low-rent operation. >> they've got nice stuff here in new york. >> and i know you're an expert on all of these designer labels. >> people should recognize that virginia is the only state where you can only run for one term as governor. mcdonnell was a rising star in the party. came in, and in this one term, i think his family saw, as eugene suggested, the limits of their finances and the circles they were operating in. they clearly wanted a lifestyle above what they could afford. i'm always cautious when indictments get handed out, because this is what the prosecutors think. this is their best case. mcdonnell has denied it. we've not heard the other side. i think the core point that his lawyers are make about favors in return, it's clear the gifts are gaudy and people talk abou

make a $50,000 loan to a business coown on top of golf outings, vacations and a personally inscribed rolex watch. virginia lawmakers are speaking out. >> i certainly believe in the presumption of innocence until proven guilty. it's a sad day for the common weather. >> this is a good man. >> i'm not a lawyer, but i just have doubts as the strength of the federal case. >> the mcdonnells are expected to enter a not guilty plea. they could face prison time and hefty fines. >> let's take you to new jersey. it was supposed to be a day of celebration for chris christie. polling suggesting the scandals are taking their toll. the americans are equally divided on whether he'd make a good president. he's trailing hillary clinton in the matchup. as jay gray reports, christie is remaining optimistic. >> so help me god. >> new jersey governor chris christie begins his second term surrounded by controversy. state lawmakers have now create what had they call a super committee will subpoena power to investigate abuses of power by christie's administration. accusations that include bridge gate, a plan alleg

oscar de la renta ball gowns, armani dresses, handbags form louis vitton, golf clubs, iphones, and a rolex watch inscribed "71st governor of virginia." and that's not even counting the loans, prosecutors say the grand total was at least $165,000. in an e-mail, she once told an aide -- "we are broke have an unconscionable amount in credit card debt already and this inaugural is killing us." in court today, they pleaded not guilty to fraud. the couple could face decades in prison. jeff zeleny, abc news, washington. >> jeff, thank you. >>> now an abc news exclusive tonight. one-on-one with apple ceo tim cook. i asked him what's coming next and this evening, a major victory for made in america and what tim cook wants every american to know about this country's controversial surveillance program. it got our attention. you get invited to apple headquarters where steve jobs' own words still loom large. so, he is the most powerful mac you have now. >> it is. >> reporter: that's not what got our attention. listen to this it's made in america? >> it's made in america. >> reporter: he announced in a

. >>> to daytona beach for the rolex 24. scary moment prior to the 3 hour mark.helli on track with an engine issue. gidly suffering a broken back, injuries to his left arm and left leg. >> yeah, that's a mess. they're said to be awake and communicating. wow, what a crash there. >>> we take you to tennis now. the upset that happened at the australian open. rafael nadal looked to make history by becoming the first person in the open era to win each grand slam more than once. he had lost all previous matches. >> i watched this live, by the way, 5:00 a.m. thanks to my daughter. >> you were giving us blister updates to nadal. nadal is showing the human side. >> it was sad. >> wawrinka won his first grand slam title. >> nadal was half himself. >> on saturday, li na from china took the women's single topping the 20th seed. but it was her after speech that made this match so interesting. caught our attention. >> now i have to thank my team, max agent make me reach. thanks a lot. first, my husband, famous in china. thanks a lot. you are nice guy. and -- and also you are s

this isn't a rolex. i could buy a six pack of rolexs for this but so what?lionaire. >> i said multimillionaire. >> i have created some billionaires but i unfortunately am not one. >> you have owned fantasy yachts and underwater submersible. >> airplanes. >> it is an airplane that flies under water. do you worry at all that you are divorced from reality? are you divorced from reality? >> i don't know if anybody can answer that. truthfully, i don't think so. >> we missed the part where he apologized. he did apologize for his remarks in comparing the alleged hatred for the rich with hatred of the jews during nazi times during germany. he says he profoundly apologizes for those remarks. we will have much more on this on cnn in the hours to come. >>> also, still to come in the "newsroom," another high-stakes moment for president obama. we'll talk about the art of the speech next. [ chainsaw whirring ] humans -- sometimes life trips us up. sometimes we trip ourselves up. and although the mistakes may seem to just keep coming at you, so do the solutions. like multi

that's on top of golf outs, vacation trips, and a rolex watch, among other favors.cdonnell has consistently denied helping the company. >> nothing has been done with regard to my relationship with mr. williams or his company, star scientific, to give any kind of special benefits to him or his company. >> reporter: tonight mcdonnell says he's done nothing wrong. >> i did nothing illegal for mr. williams in exchange or the what i believe was his personal friendship and his generosity. >> reporter: but federal prosecutors say the governor and mrs. mcdonnell used the prestige of their positions to try to help the company. the mcdonnells appear in federal court later this week, and say they'll plead not guilty. pete williams, nbc news, washington. >>> we're back in a moment with the billion dollar challenge issued today by one of the richest men on the planet. >>> the white house announced today president obama will hold his first ever meeting with pope francis at the vatican. they'll discuss fighting poverty and income inequality. it's part of a european swing in late m