what's it like serving on the starbucks board? has it been everything you hoped for? u have to be nice and sensitive to public company but was it a daunting task, enter graining as a remarkably young person into a board of that stature? >> yes to all of those questions. it's been a tremendous experience. i joined it about a year ago and i--there isn't a single meeting that goes by why i don't learn a tremendous amount both from howard as well as the other board members. >> gavin: what is it like to be such an accomplished person at a ridiculously young age. >> i don't know that i feel tremendously accomplished. we're here in silicon valley. there are so many smart talented passionate people here. i feel like i'm among peers. every day i learn an incredible amount from my team, from all my colleagues, and the various groups that i'm a part of. so i feel very privileged and blessed. >> gavin: you must feel an knee an enormous amount of pressure to meet expectation. to be everything that people say that you are. do you feel that? >> i think i put pressure on myself, but i

she serves on the boards of starbucks, estee lauder, dreamworks and groupon.oing to be joining us after the break. she's brought some friends, too, including arianna huffington who will join us in just a little bit. futures after bank of america's earnings, take a look. also citigroup. we got coming at the top of the hour with their earnings. so we got a big show here on "squawk box." ♪ [ construction sounds ] ♪ [ watch ticking ] [ engine revs ] come in. ♪ got the coffee. that was fast. we're outta here. ♪ [ engine revs ] ♪ >>> welcome back, everyone. bank of america reporting results. you can see right now that the stock is indicated slightly lower although the company came in with better than expected numbers to gain three cents versus the two cents. a lot of this was widely telegraphed because the company had come out earlier this year and let us know about some of the legal costs and settlements that would be in there. again, take a look right now, that stock is trading a few cents lower. citigroup earnings are going to be coming out at the top of the next

board accelerated compensation to save top executives millions in taxes before the fiscal cliff. we'll have a goldman debate on that coming up. >>> and later, from mcdreamy to mcsteamy. actor patrick dempsey beating out starbucks to buy a struggling seattle coffee chain. jane wells has that story, talking about the coffee, coming up in the back half of the show. ♪ [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> goldman sachs likes to say it's in the risk management business, but did it risk its reputation in saving some executives from higher taxes? mary thompson has more. mary? >> goldman has been trying to shed its image, deserved or otherwise, as a corporate vampire and engaging in a pr campaign aimed at showing americans how it's a positive contributi

board internationally for them. one of the major risks to your buy is the international acceptance of the starbucks coffee brand experiencee and they opened a starbucks. every saturday there would be a demonstration, an anti-capitalist demonstration outside that the police had to keep at bay. in the united kingdom there is outrage because today haven't paid taxes for years. is that localized? you have a bizarre situation that they are offering to write ten million pound checks this year and next year. is that a one off or a major problem internationally for starbucks moving forward? >> that seems to be a p.r. issue in the uk. the uk has been a more competitive space than what they have seen elsewhere. one thing that happened there is they had first movers in cost of coffee under whitbread making their entry into the market more difficult to begin with. one thing they are doing is trying to raise the game, do what they did in the u.s. and make espresso better and really get in touch with being the best espresso-based specialty coffee retailer over there. it seems to be stabilizing things for now. we'll see from here. inter

starbucks boosting ceo howard schultz's pay by 80%. 80%. he was paid $28.9 million in total compensation for the fiscal year that ended in september. the boardt wanted to say thank you, reward him for the company's performance over the past several years. >>> well, a new poll finds that the nation is strongly in support of the pentagon's announcement this week that women will now be able to serve in combat roles in the military. gallup report said 74% of people are in favor of the decision. those numbers hold up when you break them down by men and women as well. let me bring in democratic congress woman loretta sanchez, senior female member of the house armed services committee and homeland security committee. thank you so much for being here with us. why now is this time right time to do this? is it overdue would you say? is there something about it happening right now that's good timing? >> well, t.j., i've been fighting for about the last five or six years with a bill in the house to recognize what we already know. our women have been fighting in iraq and afghanistan. there is no frontline. everywhere is the frontline. they've been in com