look at spitzer and weiner. sure, she haven't had the political success they want to have, but they still have pretty successful and profitable careers and the women are tarn i should -- tarnished. this is a pattern over and over again. we want to forget but we're not allowed to. >> you're in politics, you know spitzer and weiner keep coming back. >> because they're shameless and they benefit from male privilege. >> i agree that the criticism of monica lewinsky at the time was terribly unfair and vicious and sexist and also perpetrated by hillary clinton, let's remember. did she put out word that monica lewinsky was a deranged stalker? we learned now that she considered her a narcissistic looney tune and she tried to undermine this woman trying to work for the most powerful man in the world. >> speaking of male privilege, the only male on the planet ane not getting much privilege besides me. >> i don't know how i ended up with such a shy group of ladies. what is true is that certain people are very good at creat

a lot of people think what happened was spitzer, eliot spitzer, then the attorney general of new a settlementorced hank to leave, you know, get rid of the ceo. aig paid big fines. but hank kept fighting the case. he fought it against spitzer, he fought it against andrew cuomo, and now he's fighting it against -- we're talking almost ten years later -- liz: how old is hank? >> hank is 89. liz: still full of vim and vigor. >> one of the things schneiderman wants him to do is, you know, be barred from the securities business as part of a settlement. hank won't do that. now, why won't he do that? he says that star won't ever be a public company. liz: yeah. >> i think it's more than that. i think he has an issue this europe, particularly in the u.k. that if you're barred in a u.s. securities market, it's hard to operate. and that would be a problem, business problem for star. so that's where we are right now. trial's likely to take place in 2015. we're going to be there with a camera. liz: absolutely. you'll be there. >> i'll be there. if i'm still working here, i'll with there. liz: in our busine

the spitzer family has owned the house since the 1980's. we will be back on."in the loop." ♪ -- marketrkets where where consumers are not hitting physical stores to shop and many are on the hunt for a new ceo, -- westfield is trying to change the way you shop. cory johnson got an inside look. >> this is was shopping at the mall usually looks like, but this is what it could look like in the future. >> it is like a tablet at home, but they are seven-feet tall. >> westfield this testing these new digital storefronts. >> it is like window shopping, a chance to explore, learn about what is available, really get engaged with the content, and from their visit the merchants. >> the displays look like mirrors until you get close, and that is when the technology kicks in. a high-resolution display, check. touchscreen technology, check. real-time updates. >> am i going to the window shop and seeing what products are available, we want to give the shopper larger-than-life opportunities. >> it is the brainchild across the industry to integrate digital stores. >> our big cha

attorney general, and eliot spitzer created this thing where it was supposed to remove conflicts ofall street. well, they still exist. liz: let's just explain that. analysts sit far from the investor bankers -- >> allegedly. liz: we think twitter is not a good business model right now, say analysts. the investor banker guys are trying to get the twitter business, so they're supposed to be separated. >> right. but the analysts really don't say that, and here's why. the analysts are paid by the deal as well. [laughter] so what they do, it's a combined effort, and right now we have every major firm largely mum on all this tech stuff. i mean, when have you heard -- i mean, goldman and all these firms are usually good about this. when there's a big upheaval in the market, why isn't goldman sachs, i mean, one of the lead investment banks, morgan stanley, any of them, specifically goldman sachs, why aren't they coming out and saying, telling the world what it thinks? it opines about everything. goldman sachs -- liz: and your sources are saying -- >> and these are sources inside these banks

this case was brought by eliot spitzer in 2005 forcing hank to resign as the head of aig. the case has now continued since 2005 involving alleged accounting irregularities when he was the ceo and chairman. there is no intention to settle did why are we reporting this? fox business has learned there were talks between greenberg's office and new york attorney general about settling this case over the last year. two times it was serious negotiations about it. essentially break down over how much hank would pay. but it should be thrown out of the security business. he now runs asterisk companies. it is a big insurance company, private. he may want to go public. but he needs to remain in the u.s. securities business in order to qualify in london in the uk. regulators look down on companies where the ceo is thrown out. here's what we do know. in recent weeks hank greenberg has had a democratic operative, the head of his p.r. he has outed his old head of p.r. schwartz sparred over the approach to this snyderman case. he is an attack dog, definitely going from an attack dog to a g

when eliot spitzer was busted for prostitution, i rushed out and bought a "new york times." this is the stuff that pulitzer prize prizes are given on. >> pulitzer prizes are given for a lot less now. i want to ask you a question. last week, when ben rhodes, the deputy national security adviser for communications, when his email was released in the judicial watch release, it wasn't in the initial documents because it had been redacted. then it comes out later on. one of the things that the media should be aware of is they don't know what else is in there, if you are a democrat, you don't also know what is coming out. do they risk looking foolish? they like to say fox is running a risk with this story. do they run a risk? >> i'm trying to figure out why they don't want to figure out what's going on. if this document doesn't confirm why more questions should be asked, maybe judicial watch will get more question. trey gowdy is fantastic. he's a great guy to have there. do we need an independent panel? do we need an noncongressional panel, independent prosecutor come many and do

. >> recent scandals come to mind, eliot spitzer. >> out. >> anthony weiner. >> out. >> so what doesmberly? >> it says actually people do care ultimately. they're not phased by it because it is sort of become expected, politicians behaving badly. okay, there they go again. there is such a low level enthusiasm about politicians serving, viewpoints regarding their credibility, their morality, people don't expect much of them. it is sad. this used to be a position of public esteem you could serve the people faithfully, honestly and some measure or little of ethics. >> harris, doesn't make we feel -- me feel good about leadership in america when you see all these things. >> we put people up on a pedestal and don't allow them to be human beings and make mistakes and when they break it out of the closet it's a hot mess. >>ance absolute power corrupts absolutely. that is just -- >> don't you think that would happened with president clinton desensitized us. he got caught doing ultimate crime in terms of fit dealt. having sex out of marriage. >> that too. >> he was president. he was in the ov

. >> joining me is robert spitzer, author of the politics of gun kol. it's fascinating to me the outsized role the short gun has begun to take on. it was mentioned at the nra convention. it looms large. i don't are quite get it. explain to me why. >> there are two things at play. the first is control. the nra is all about kol of the issue. i think that's more important than any other consideration. the second and related part is the fact that industry generally, and there are exceptions to be sure, but industries generally are leery of change and technological innovation. there are many examples of that. there was a brief mention of the auto industry. we know it was dragged kicking and screaming to auto safety and improvements in automobiles. american automobiles back in the 1950s, '60s and '70s saying safety wouldn't sell. it was too expensive. the technology was unproven, et cetera. because of government regulation and public pressure, the big auto companies were brought into line and we accept today all sorts of safety features. there is no counter v

this is spitzer case. why didn't cuomo abandon it, we don't know? why did schneiderman abandon it. it has fallen apart over time. what is left is almost immaterial. it is not necessarily huge news if it settles. we know what the history given greenberg settles with sec. if it is modest fine, i think, i don't think he wants to accept a lifetime ban. doesn't really apply to him. >> if hank settle this is case it will be pretty big news. >> on what terms is the question. >> i agree. here is the problem that he has. if he settles it with a lifetime ban, remember he operates a fairly large insurance company called star. big insurance company aig was created by hank greenberg. he is creating another one fairly large. if he settles were with a lifetime ban that hurts him with regulatory authorities in u.k. that really does hurt him. that is the pickle he is in right now. melissa: the beat goes on but for lower price. "new york post" record that apple lowered its purchase price for dr. dre's beats for $3 billion. it's a bargain now. it was originally reported at $3.2 billion. dre dig victo

the "wall street journal" about blodgett and some of his calls, and that caught the attention of spitzer him. but it was really everybody. cheryl: yeah. >> they were all doing it. every firm was involved in this. and you know what? based on what we're seeing now, i'm going to tell everybody out there, they're still doing it. the firms are still not leveling with people particularly in these sort of areas of underwriting that are very hot including tech. this was, like, listen, if the firms were playing it straight, they'd be putting out press releases. watch out, you know? they don't want to do that. they're not going to get their clients annoyed, and alibaba is the biggest client coming up. cheryl: i have to tell you, i know you and i have been doing this for a few years, and we were talking about the tech bubble of twowp and 2001 with d 2000, our memories are very long. blockbuster, today still scare me. i think they still have that memory, for myself, for what we covered -- >> and you shouldn't be scared as an investor. you know, facebook makes money and, you know, they've proved them

remember, greenberg was out of there, he was forced out in 2005 by eliot spitzer. new management came in. the whole contention of his lawsuit is that they basically, you know, pilfered aig. screwed over the shareholders and used the bailout to basically bail out morgan stanley, goldman sachs and all these other firms that were on the brink. it's great stuff in his deposition about how morgan stanley was, quote unquote, freaking out it was about to go under and goldman sachs was worried it was about to go under unless something major was done with aig and some of the other banks. goldman sachs has spent the past five or six years trying to say it wasn't bailed out, didn't need the money, it was completely hedged, there was no problems there. these depositions by geithner show just the opposite. >> what are you doing in vegas? >> what happens in vegas stays in vegas, neil. >> fair enough. fair enough. >> i'm covering a great hedge fund conference. it is the best three days of finance and other stuff that you can imagine. >> great breakfast buffet. >> you don't want t

this was a major target of eliot spitzer with a $750 million stock fraud. they wanted to convict them and throw them in jail and then gets into role on the higher ups. specifically they were going after the ceo of the company at the time. first of all none of these guys had enough to keep them in jail and the huge crowds of people come to their hearings into the would weep and told the judge your honor this is somebody that wouldn't even jail walk but jaywalking, though. they allow them all to stay and sleep in their own bed pending the appeal removing all of the leverage the state might have had to roll up the parties into serious targets. so again this is just a kind of contrast where you see ordinary people that are tossed in jail by the book and there is a formula they use to calculate how much you guess that's based upon how many times you get arrested and how many people show up in court to support you that day, whether you have strong ties and whether you have a job and a telephone in your house. there is a formula to the long congo line of defendant

this is what eliot spitzer pled guilty to. structuring his with draws from his bank account to pay the madam so it did not incur the intention of the irs. this is really only in america. 80% of films assets should be and their account. stuart: no wonder we opened the show with you, judge. >> i am just a post man delivering the message. stuart: thank you, judge. appreciate it. let's get to the markets. where are we now? the company raised its dividend 10%. do not forget, exxon is one of the biggest tax payers in the country. $101 a share for exxon. look at the big board. that would be the dow jones industrial average. the first record high close of the year. 16570. come on in, charles. you have to explain this. dismal report from the gdp. go. charles: this is ten-20 years ago, there would be a more direct correlation between the stock market and the economy. it is not. it is about the global economy. sales in america were up 3% in the last three months. in asia, up 20.5%. in latin america, up 8.9%. that more than offset a slow

and we have seen it before with people like spitzer who recently divorced her husband is getting a huge there is definitely a psychology behind this. we're seeing that here. i really see that money is a motivating factor and unlike sonny, i believe that she's a shrewd business woman and i would not be surprised if she takes over ownership of the team. in the wake of all of this controversy, she showed her face at the game and got permission to go to the game and was told it's not about you, it's about your husband. i see her moving forward to the forefront, taking charge of the family business, taking charge of the team. and we will see what she does in the future. i think this is an opportunity for her to come forward. >> all right. so i was just reading this oped on cnn and basically it just talks about donald sterling being somewhat of a victim. he is a victim, even though what he said is inexcusable. >> he certainly isn't a victim. i think he certainly has. >> if he allowed the recording to go forward while she was recording and he knew about it, then that is implied consent. >> tha

what we probably needed in the wake of the financial crisis was somebody like giuliani or spitzer because these guys did not really care about their good standing in the corporate, white-collar world. they weren't trying to preserve the viability to go and make a lot of money in the private sector. they had future political ambitions. what they did have was a fearlessness. we needed some of that. we needed a ulysses s. grant. what we got was a bunch of mcclellan's. host: daniel from california. independent line. caller: i am a multimillion dollar investor. i represent investors who have invested hundreds of millions of dollars. the management corporations manage the property in such a way that they charge 15% interest on the debts. the debts are such an amount that when the property is sold, when there are debts that are not legitimate and are paid, the tenant is left penniless. i have been dealing with people and i'm trying to help them before the attorney general's office. some have committed suicide. they are elderly citizens and these management companies are preying on senior citizen

i'm channeling my inner elliott spitzer rights there. >> let me get this straight. not me. they asked me for a picture. >> you gave us the picture! >> no, i showed you the picture and you chose to put it on. >> you were an adorable baby. >> thank you. not a lot of people say that. >> wearing black socks. that's funny. go to the beach now in your black socks. thank you very much. coming up, college kids forced to pay for their own graduation per head. the speaker, nancy pelosi. we'll explain. and he's a famous country singer, but he still understands the value of a dollar and what hard work is like. josh turner is here this morning. good morning to you, josh. ♪ ♪ chico's effortless shirt. play in it. work in it. go wild in it. do everything but wrinkle in it. the perfect fitting no-iron effortless shirt in 4 styles and 31 colors and prints. visit the shirt boutique, only at chico's and chicos.com. (announcer) from the company that invented litter, comes litter re-invented. (woman) hey! toss me that litter! (announcer) tidy cats lightweight. all the strength, half the

might be some potential that they have your argument is that our elected representatives are worse spitzer cowries it's also true it's also true that that the way the n.s.a. is going about the meta data collection makes it easy and at the end of the day these guys are bureaucrats and bureaucrats like things to be easy and so something happens in kenya they call up somebody and say point me all the traffic of phone calls into kenya for the last eighteen months and then they start pinging and going through with computers i'm not as upset about verizon holding this information because they're private corporation and in theory the federal government should have to go to a judge and demand to respond their right to see my e-mail my phone data who i'm calling who's calling me if those constitutional safeguards were in place i'd be a lot less uncomfortable about this but what happens is the f.c.c. makes phone calls to the phone companies saying you know there are some things you want from us and if you want to get on it might be a good idea for you to cooperate with the u.n. i said. and so it's o