now former fdic chair sheila bair will be talking to me in the next hour.alk high frequency trading. >>> also, we have david winters explaining why he thinks coca-cola executives are getting too much compensation this year, $13 billion spread out. he answers a coke executive who was blasting him earlier today on "squawk on the street." don't miss his response coming up. up. e financial noise financial noise financial noise financial noise we are the thinkers. the job jugglers. the up all-nighters. and the ones who turn ideas into action. we've made our passions our life's work. we strive for the moments where we can say, "i did it!" ♪ we are entrepreneurs who started it all... with a signature. legalzoom has helped start over 1 million businesses, turning dreamers into business owners. and we're here to help start yours. turning dreamers into business owners. these days, everything is done on the internet. and tomorrow you'll do even more. that's what comcast business was built for. slow dsl from the phone company was built for stuff like this. switch to co

. >>> and sheila bair weighing in on the high frequency trading debate and whether she thinks this stock market is rigged. >>> all that and, oh, by the way, the stock market today. yes. opened higher, heading lower. we'll find out what happens in the last hour of trade on the "closing bell." see you at the top of the hour. performer on the s&p 500, etf. down 7%. not 77. in fact, 70% less than 77. there you go. etrade down 7% to 22.07. make sure i got that right. >> let's check out twitter as well. it issals a down today, but some good news for it. turkey lifted a two-week ban on the site after the constitutional court ruled the block breached freedom of expression. the stock is, however, down about 30% year to date. it is up 63%, however, since its ipo in november of last year. >>> some studies say teens simply are not that into facebook anymore. 3 million left it over the past three years. bring in dana, author of "its complicated." social lives of network teens. we'll calling her the teen tech whisperer, because of her ability to spot trends. she was mobbed by fans at south by southwes

sheila bair made a great point. she said that this is not exactly on twisting.takes -- you can't change a banks behavior. what you can do is set tangible rules that say you have to hold this no matter what. you have to have this in your pocket. do would you like, as long as you have this cushion. this is sort of saying do as you like, but wear a seatbelt. host: patrick is calling from miami, florida. caller: good morning. it is funny that you mentioned sheila bair. the last time i called this program, she quit her job. i am a real estate investor. i am 43 years old and i have been invested in property for a long time. i watched this calamity transpire. i knew it was going to happen. the banks are lending out too much money. no one knows what the consumer protection act did to the economy. you probably don't know. a lot of people don't know. if you stop the banks from lending, normal people that are innovators and willing to engage in business activities are not going to engage in those activities. they put their life savings up for risk with a bank and they are