the responsibility for safety on the drilling rig is with transocean. rig, their equipment, their people, their systems, their safety processes. >> when bp's chief executive officer tony hayward says that this is transocean's accident, what do you say? >> i get sick. this kind of division in the industry is a killer. the industry is comprised of many organizations. and they all share the responsibility for successful operations. and to start placing, we'll call it these barriers, and pointing fingers at each other is totally destructive. >> but who is responsible? >> bp. >> all told, about 5 million barrels of oil spewed into the water, the largest off-shore spill in history. bp established a $20 billion fund to pay claims related to the spill. there are plenty of accusations to go around that bp pressed for speed, halliburton's cement plugs failed, and transocean damaged the blowout preventer. bit through all of these red flags, they pressed ahead. it was, after all, the deepwater horizon, the world record holder, celebrated as among the safest in the

leased the deepwater horizon from transocean. it also owned much of the macondo well that erupted and spilled millions of barrels of oil into the gulf. halliburton was contracted to design and build the well. one of the key arguments has been about whether halliburton's work on the well may have led to the blowout that killed 11 people. yesterday, halliburton pleaded guilty to destroying evidence in 2010 about test simulations it did with cement in the wake of the accident. paul barrett has been following this story for "bloomberg businessweek" and fills us in. paul, what were the test results that halliburton allegedly destroyed? >> halliburton after the disaster did computer simulations designed to see whether its cement work had been adequate and whether certain further steps that it had suggested to b.p. but which b.p. had rejected might have made a difference. what hall halliburton discovered when it did these tests was basically bad news. that its work had not been up to you have? and that these additional steps that might

the company joins bp and transocean in admitting to oil spill. >>> coming up the flight of asiana 214. >>> good morning golden gate bridge traffic looks good heading south. look at 'em. living on cloud nine with that u-verse wireless receiver. you see in my day, when my mom was repainting the house, you couldn't just set up a tv in the basement. i mean, come on! nope. we could only watch tv in the rooms that had a tv outlet. yeah if we wanted to watch tv someplace else, we'd have to go to my aunt sally's. have you ever sat on a plastic covered couch? [ kids cheering ] you're missing a good game over here. those kids wouldn't have lasted one day in our shoes. [ male announcer ] add a wireless receiver. call to get u-verse tv for just $19 a month with qualifying bundles. rethink possible. >>> vandals have targeted the lincoln memorial. it happened a few hours ago. police in washington, d.c. are looking for the vandals that splattered green paint on the base of president lincoln. the memorial on the national mall will be closed until the park service can clean up the paint. that is expec

they had been on a transoceanic flight. i don't know about this crew, whether they flew the leg from china to korea and then onward. even though they have crews that they swap out in, fatigue could be an issue, and, again, we'll have to wait and see. >> gordon, we have to go to some breaking news. why would the plane have been coming in so slow? >> his attention was not on the air speed indicator because there is a speed tape with a reference point. the airplane got away from him. he didn't fly the airplane correctly and it got at a stalled speed at which the airplane will fall and impacted the see wall at the time that it hit the sea wall. >> the phrase that the airplane got away from him rings in my head as to what happens here on what should have been, right, a very easy landing. it was clear and everything. >> absolutely, a clear sky and you get used to using the ils as the backup and using the instruments even though you're doing a visual. didn't have the instrument backup and didn't have a lot of experience on the 777

biojenn, transocean, cvr. are you having a mid life crises at 77? >> let me ask you, what else do i have to do? my wife watches me like a hawk. she doesn't let me go out. she's here somewhere. >> she is here. >> very tough, very tough woman. you know what she does? it's not funny. i have this hedge fund, it's independent and all that. the little error i made is my wife wanted to stay in it so she's the only partner. i think she has one tenth of one percent or something like that. at night she looks over the numbers and says how come you went down today? it's like i'm tired, it's 2:00 in the morning. i said you know, i'm going to give you a letter tomorrow, you're out of the fund. she starts mumbling about shareholders' rights and i say okay. she forces me to do it, she makes me do it. >> i think you're doing just fine. what's it like to be called the most disruptive individual in business? >> who called me that? i think it was you that called me that. >> you told me i was bullying you before? >> when? >> during our original little thing. >> i don't

halliburton joins b-p and rig operator transocean in admitting to criminal wrongdoing in connection withled eleven rig workers. don't call him an aging rock star! rolling stones frontman mick jagger turning 70 years young today. and even at that age, he's still hitting the road. the stones just wrapped up its 50th anniversary tour. back in 1972, at the tender age of 29-years-old, jagger said quote "i'll never tour when i'm 50." >>darya: 527. will be back with more than a couple of >>darya: 527. will be back with more than a couple of minutes. a look a you're on timeout leo! ♪ ♪ >>darya: 527. will be back with more than a couple of minutes. a look a some things won't last 25 years. ah! woof. some things will. save up to 20% on an ikea kitchen. to save big during sleep train's triple choice sale.chanc for a limited time, you can choose to save hundreds on beautyrest and posturepedic mattress sets. or choose $300 in free gifts with sleep train's most popular tempur-pedic mattresses. you can even choose 48 months interest-free financing on t new tempur-choice with head-to-toe customization.

reached when it pled guilty to manslaughter charges in 2012 and also less than the roughly 1.5 transoceanty to violating the clean water act. why was the evidence destroyed and will this latest development play into the class action and civil suits that we are going to see also presents a pr challenge for halliburton. destroying evidence comes back to candor at the company. what were they trying to hide? did they hide anything else? >> that's the question. thanks, jackie. >>> when we come back, porsche is finding huge sales and women are the driving trend. phil lebeau talks about women behind the wheel of luxury cars. >> hey, that's me. >> are you a woman. >> i am. >> that's not my car. . . >> welcome back. porsche seeing a large increase, part of the increase is coming from women. phil lebeau joins us with more. i have to say, this surprises me. >> reporter: i think a lot of people will be surprised. is joe sitting down? >> i am prepared. >> >> reporter: people wondered how much sales have grown. one factor is we are seeing more women buying and driving porsches. as we were driving aroun

to pay when it pled guilty to manslaughter and also less than the roughly $1.5 billion that tra transoceanne, why did they destroy that evidence? number two, would it have been relevant in the class action in civil cases that are pending? number three, if halliburton destroyed this, did they potentially destroy anything else? we are watching the stock today. it is trading higher because investors feel that this was a small sum to pay to put the criminal side of this behind the company. >> oh, my gosh. a couple hundred grand. it's a sliver of their overall expenses and the stock is up as you said, jackie, almost 4%. thank you so much. >>> watching halliburton, watching the markets at large. s&p and dow are on track to end the weekly winning streak at four. it will be the first negative week on five. watch gold today. >> july -- just before we get to that, all month we've seen little moves largely to the upside. now we have a triple digit day ending to the downside. here is a look at gold. it is down 1%. it's been up nearly 10% in the last three weeks. that's the best gain in two years. the