the warren commission actually wanted to interview that woman, but chief justice warren made the decision she would not be interviewed because he said she was a communist and we don't interview communists. >> schieffer: but this information was not passed on to the warren commission, and was not passed on to the amies in dallas in those days before president kennedy came to dallas. >> absolute. and when scott told the warren commission there was not a conspiracy, in the memoir he said exactly the opposite. >> schieffer: so for whatever reason he didn't shoot straight with the warren commission. >> i think that's clear. >> schieffer: there was another, tom johnson, in the 1970s was the publisher of "dallas times herald," and later the head of cnn. we want to bring tom in now. he is with us this morning. tell us what you discovered-- when was it, 1975-- about some information that you came to know about. >> bob, it was 1975. i was sitting by an agent of the f.b.i. that i had come to know over time. we were talking about the warren commission and whether there had been any new information th

warren wanted absolutely nothing to do with it. >> you've got to feel bad for chief justice warren.did not want to run this investigation, and he initially turned it down flat. he said, i don't do it. it's a terrible conflict of interest." of course a few minutes later his phone rings at his chambers in the supreme court and he is ordered to go to the oval office immediately and encounters a man he doesn't know, lyndon baines johnson, and he is in his face telling him he had to do this. >> schieffer: he left in tears. >> apparently, warren was in tears, and johnson takes a certain pride in that. >> schieffer: warren seemed to think, as i read your book, it was his job more to protect the kennedy legacy in many ways than it was to get to the bottom of this. he seemed to just want to get it over with. >> he clearly loved president kennedy and the kennedy family. he was as shocked as anybody about what had happened in dallas. and wepetedly, in the history of the warren commission, you see the chief justice making decisions that are designed to protect the privacy of the kennedy family,

when warren buffet steaks the world listens. >> warren buffet compared his son to hanable elector.'m thinking there is an exaggeration. doesn't know me. >> think about the book "40 chances." tell me about the title. >> back in around 2001 i went to what they call planters school, doesn't sound exciting. there was a speaker there who said we were really thinking about things wrong and that we think of, you know, one season blends into the other and by the time your dad lets you climb on the tractor you get 40 crops, 40 seasons or 40 years to grow the best crop you can grow and made me think about a few things differently in my farming but what it really did was kind of make me think about this is a really mind set in life because you have maybe 40 prime years that you can -- he might have 80, but, you know, it's really a mind set. you've got to bring urgency to what you do if you want to change something. you got to figure out how to do things in scale. in our case we have to take risk because we got to learn what doesn't work as quickly as we can. the main theme of this is finding

when warren buffet speaks the world listens. >> warren buffet compared his son to hanable elector.inking there is an exaggeration. doesn't know me. >> think about the book "40 chances." tell me about the title. >> back in around 2001 i went to what they call planters school, doesn't sound exciting. there was a speaker there who said we were really thinking about things wrong and that we think of, you know, one season blends into the other and by the time your dad lets you climb on the tractor you get 40 crops, 40 seasons or 40 years to grow the best crop you can grow and made me think about a few things differently in my farming but what it really did was kind of make me think about this is a really mind set in life because you have maybe 40 prime years that you can -- he might have 80, but, you know, it's really a mind set. you've got to bring urgency to what you do if you want to change something. you got to figure out how to do things in scale. in our case we have to take risk because we got to learn what doesn't work as quickly as we can. the main theme of this is finding hope

our guest is warren buffett. we talked to you, janet yellen has been named the choice for the next fed head. what do you think about that decision? >> i don't know her. i'll wait and see. everybody says good things about her. i have no reason to doubt her. we'll see what the actions are. >> you wanted ben bernanke. he was your top choice. you figured you knew what he god and he was a known commodity. >> i've never pulled a hitter out of the line up. i wouldn't then. >> yesterday, we talked about based on what's happening in washington he doesn't see a chance. before the mess blew up in washington, he doesn't think the fed will be tapering soon. do you agree with that opinion. >> i have no idea. the economy has been getting better. how they make a decision on whether to pull back -- it doesn't enter into my thinking. i'll put it that way. >> ben bernanke did make comments after the last fed meeting and said the trouble in washington was the reason they were standing pass for now. obviously he was right. look at wh

i want to go to warren on this.go in the last hour with hank, you expressed some, i don't want to put words in your mouth, not regret, but a suggestion he felt bad he was never really able to persuade the american public of the success of t.a.r.p. do you think historians, you know, 5, 10, 20, 30, 50 years from now will be an appreciation for t.a.r.p. in a different way there is today? >> yeah. at the time in september and early october of 2008, hank was in a very tough position because if he told how bad things were, it would have made it worse. and people didn't really appreciate the need for the government to move in big time, immediate, decisive. and so the communications -- i'm not sure could have been done. and first impressions last so long. the american public thought of it simply as a bailout for banks. and that was not the case. but once that got implanted, it will take a long time to change. on the other hand, historians will get it right. >> i don't know if viewers or the public know it as well as they sh

we begin this evening with warren buffett, his son, howard buffett, and his grandson, howie buffett. >> obama has got a certain amount of criticism when he said, you know, nobody did this alone, i don't know about other people, i did not do it alone, there are 10,000, you know, crosses over there in normandy that -- and they will need to be where i am today. they are people of gettysburg, i mean, none of us do it alone and i have been very, very lucky to be sort of designed for this time and this place, but a lot of people aren't lucky and the market system showers things on me and leaves an awful lot of people behind. >> rose: we conclude this evening with a preview of my conversation with alan greenspan, former chairman of the federal reserve in which he responds to some of the questions i raised with warren buffett. >> society especially a free people like we have in the united states, has to agree on certain fundamental principles, and that is the bill of rights. that is basically freedom of the press, freedom of speech, freedom of assembly, freedom of religion, everyone agrees w

i'm pat warren. reporting live from canton, back to you, kai. >>> $2.7 million in loans have been approved for aqua culture in 10 counties. >>> for the first time ever, lion cubs have been born at the maryland zoo in baltimore. but the excitement is mixed with sadness, as the zoo lost the cub's mother. >> reporter: the new cub still to be named were born last thursday at the maryland zoo in baltimore. >> the first cubs in our zoo's history, which is fantastically excite being and a huge achievement for our team. >> reporter: but the zoo's assistant general curator tells me the next morning, their mother, badu, started showing signs of birth complications and the vetterinarrian team had to step in. >> they had to go in surgically and remove the remaining cubs. unfortunately, neither survived. badu did come through the surgery. we were hope flul she would come -- hopeful she would come through the surgery, but she did not. >> she was only 3 1/2 years old, so it was a shock to see her life lost. now the

if the evidence didn't go to oz wald the warren commission never sought. and one case in point mr newman who i met during my t.v. show he's the guy you'll see of the zapruder film lying on the ground covering his children he was physically the closest man to the fatal head shot i witnessed saw the whole thing the warren commission never even talked to him he told me he said it came from the knoll right well he said it came over his shoulder area where we were spying the not wish we would know you admit oswald was shooting no older than your own no ok i don't necessarily because i don't think ignore i'm not wrong let me bring up our coverage here he could not make it to the lunchroom and buy a coke in the length of time officer in the building and i got into his plane is for me and then and there was a witnesses the explain this one thing to me or i interviewed the policeman who arrested oswald in the movement the it up after tippit you green shot tippit no you don't think i'll go you know why i don't agree that will let me explain there were shelled casing

was in high school when kennedy was killed.h from what you have said iattck thank you believe the warren commission that oz wald washe the onlym attacker but what can we do for those that have watched the movies tomy say this cannot be true and youn put history straight? i firmer the purpose of my book for young adults is toht introduce tuesday history.belevi h don't get into thenspiracyt commission or conspiracybegiwitt theory but hthe majority of be the people do believe in that but we don't begin withnam. who may have but he ordered the rifle under a false namewort them learn to shoot in thethree marine corps and he had athe sht package that concealed the rtridg rifle and three co-workers were in the window below them and the boardtha commission is not the be all and end all we know more eid today than the warren commission did but so far noa one has, for word it was wnti-castro cuban in the ciare t and lyndon johnson and thet t secret service itself some said there were two gunmen shot a dart from the connue umbrella but what i advisethe the children is look at the facts and continue

warren commission didn't want anybody that told a different story and come down to the final of thing on this book or who conspired to kill him well that's the difficult question in fifty years let's just put it this way jack kennedy made a lot of enemies he made enemies of the military industrial complex because he would not invade cuba which they wanted to do and he was going to pull us out of vietnam so that's two wars that kennedy was going to head off that we were going to be part of that ticked them off he was going to take away the oil depletion allowance which is where all these oil guys make their real money not having to pay taxes because kennedy couldn't figure out how a guy like h.l. hunt could make thirty million a year and not pay any taxes so he was going to do it so that got the oil people angry at him he was the first president to bring in civil rights. and equality johnson passed it right but kennedy started it all and so that ticked off the south so who killed them down with the n. had he also after the bay of pigs said he was going to break the cia into a thousand

what does the future hold for senator elizabeth warren? more importantly, is a future she even wants. plus the first named storm of the 2013 hurricane season to hit the united states is bearing down on the gulf coast. we actually want to begin with a brief update on that. bill kierans, good morning, bill. >> good morning to you, steve t. least thing we needed was a big storm coming on shore, the government would have to send fema during the shutdown. it looks like we will be a fawn event along the gulf coast. that's great news. can you go about your saturday morning. the storm looks very pathetic right now, actually, and considerably weakened overnight. it wouldn't surprise me at all if it gets downgraded further. so again, all good news with karen t. forecast will bring it on shore tomorrow. just rain and wind. we had nasty dangerous weather across the country. a lot of heavy snow in areas of wyoming into nebraska and south doevenlth we had huge tornadoes last night. 16 injured there in portions of nebraska. today we have more damaging wi

the warren commission, of course, concluded that lee harvey oswald acted alone. some conspiracy theorists have long suspected that cuba's fidel castro was somehow involved. now, all these years later, bob schieffer has come with a fascinating story about castro and the warren commission, which has just come to light. bob. >> reporter: scott, in his new book about the assassination, phil shenon, who is the author of "a cruel and shocking act," reveals a secret that has held for 50 years. now, around here, it's pretty unusual to get a secret to hold through one news cycle. but it turns out that, while the warren commission was investigating, they got word through a back channel that fidel castro wanted to talk to them, so they sent a young investigator down. he met with castro on a fishing boat off the coast of cuba, talked to him for three hours. castro, of course, denied everything and said he didn't think it would be smart to do something like that. the investigator went back, told only warren and the head investigator for the commission, and it turns out that t

. >> we have warren on, just had him on a week ago.ink we know the way he thinks. >> yes. >> i want you to tell us something that would surprise -- something you think most "squawk" viewers don't know about the way warren buffett approaches the investing world or something else. >> i can't think there's anything we don't know about warren buffett at this point in time. i think the thing we underemphasize or basically don't embrace is the fact he's probably one of the most rationalist investors that you could ever meet. he understands how to make money and he goes about it in a very rational, direct way. >> do you think -- so you wrote this book literally 20 years ago. >> 20 years ago. >> do you think his approach to investing has changed? has size changed the way he's had to invest? >> no, size wouldn't change it. now, it would change the types of things he has to go buy like burlington northern and ibm. but the methodology is the same as it was 20 years ago as it is today. how he goes about picking stocks, businesses, hasn't changed a

warren during speeches, would stand here with florence beside him. they would wave to the crowd parading down towards his house. tos was a perfect backdrop the campaign. not only did it show the human side, the fact they did not live in the mansion, they lived in a normal house like most of the folks coming to see him speak, they wanted to feature the town as well. warren said the campaign was taking main street to the white house. florence was a part of this message. she was a visible part of the campaign. she was always near him on the front porch when he was speaking. she gave interviews herself to magazines, especially women's magazines. she alternated between being the savvy politician, to being the home but he -- homebody. she knew how politics works. she knew the different sides of her that but have to be per trade as part of the campaign in order to make the campaign successful for him. she is not afraid to wait into a crowd. she is in the line shaking hands along with the president. going through hundreds if not thousands of people, standing

. >> rose: when you were last here and talked with warren, you said you were in the middle of a transition to an impact decision maker more effectively, is this book the culmination of this? >> this book is a big part of that. yes, i learned a lesson particularly working in conflict areas, and there is, that is where you really need to have government engagement that if you don't impact policy, you know, if you are working -- you can have great people but if you are working under really poor policy they are not going to succeed so we really started to embrace advocacy as part of our tool. >> rose: and you believe that we can do a significantly better job at trying to eliminate poverty? >> absolutely. i think one of the things is we have been living too much in history, and, yo, you know, technology has changed but also i think thinking has to change and thinking is changing, you know, the younger people in philanthropy today think differently today, they are more innovative and more focused and those people that are thinking and driving that way, i think have to help change some of the big

. >> up next dave warren has your forecast and keeping the roads safe. making driving in bad weather safe. what happens when social media uncovers unheard, fascinating news stories? >>they share it on the stream. >>social media isn't an afterthought. it drives discussion across america. >>al jazeera america social media community, on tv and online. >>this is your outlet for those conversations. >>post, upload, and interact. >>every night, share undiscovered stories. >> meteorologist: i'm meteorologist dave warren. it is severe weather tracking through the northeast. this line is moving to eastern pennsylvania and down towards baltimore and washington, d.c. this red area, a tornado watch, the storms have a potential to spin there, already seeing gusting damaging wind. that's what is in effect now. the last 12 hours quickly moving across the state and pushing through pennsylvania, new york and new jersey in the next hour. this line not a solid line but severe weather moving through eastern pennsylvania. we're seeing damaging wind gusts closer to the capito

by the way, paulson said that warren -- he called warren five years ago and warren said we're going tookay. i mean, warren is the modern day jpmorgan. do you remember jpmorgan stopped the panic? if the modern day jpmorgan says we're going to be okay, i'm not going to go and say did you listen to what we had to say on "squawk" yesterday? no. >> meantime, a fire that destroyed a tesla vehicle began in the car's battery pack. a metallic object made a direct hit on one of the car's module. fire was related to the front of the car. there were no injuries. we've been watching the video all night. deutsche comes out and says after 83 million miles, this is the first, it was bound to happen. >> david knows the hedge fund world. arson? hedge fund arson? i mean, look, because did you watch -- i was transfixed by the film. >> it didn't sound like it. it sounded like a couple of guys, although it could have been well orchestrated. >> that's a tesla! >> that's a car fire. car fires do occur. >> that's good for 6% down on the stock, which i think goes to the lack of conviction, perhaps, that some of

now to dave warren. >> it is the rain plus the constant northeast that is piling the water up in a lotf the back bays. so we're seeing minor coastal flooding. the storm causing this just off of the coast of north carolina. just to the north we're getting this rain, but the highest wind gusts there all the way up to atlantic city. inland wind gusts, 20, 30, 40 miles an hour, these are coastal flood watches, warnings and advisories there. this is a coastal flood warning for the high tide today. the high tide area was septemberable to flooding, you can certainly see that today. the rain will spread up to new york and become heavy, and it continues to come down, and finally you see it begin to move out, but that's not until friday. so it could be a rainy end of the week and weekend. some drying weather is on the way. we'll look at that in the national forecast. >>> the white house says there might be room for a deal, a temporary suspension in raising the debt ceiling. >>> also for sports, the tradition of shaking hands after sporting events is being sidelined at one school, we'll tell you

. >>> dave warren has your weather forecast straight ahead. we'll show you why some residents of northeastern china might like some strong winds. uncovers unheard, fascinating news stories? >> they share it on the stream. >> social media isn't an after-thought, it drives discussion across america. >> al jazeera america's social media community, on tv and online. >> this is your outlet for those conversations. >> post, upload and interact. >> every night share undiscovered stories. ♪ >>> you might want to take a deep breath and enjoy it while you can because this next story may have you gasping for air like the residents of china. >> reporter: autumn days in china never used to be this dark, but years of rapid industrialalization means this has become the new normal. it it's aggravated by the seasonal burning of crop stocks. in this city visibility was at less than 3 meeters in some areas. in harbin the unhealthy fog also lead to schools being closed public bus routes not being used and the airport needing to stop operations. breathing is also

i'm pat warren, reporting. back to you. >> candidates in the republican primary include harford county executive david craig, and ron george. >>> if you're waiting for somebody to get home from work, let's check in on our roads now. here's kristy breslin, live at wjz traffic control. still a mess out there. >> absolutely. some areas out there are just gridlocked. that's include the harrisburg expressway. gridlocked from timonium to belfast. top side inner loop, that's just one very long delay. stop and go, from 795 to 95. as you can see by our sensor there. average speed, only about 27 miles an hour. traveling on the west side inner loop, watch for significant delays there from 295 to liberty road. northbound 95, which continues to be a problem this afternoon, we're looking at delays, beginning there at 32, over to 195. then continuing on from the fort mchenry tunnel, approaching that to whitemarsh boulevard. a couple of accidents. 70 westbound at 29. and on the avenue at eastern avenue. you can see, no one is

pat warren reporting. back to you. >> that party took place at a beach house in delaware during senior week back in june. >>> a former member of the ferndale volunteer fire department is arrested for sexually abusing two children. police are saying preston scott abused the children and videotaped it. he resigned in may from the department. he was not a firefighter, but an administrative employee. he is facing a list of charges now. if you have information, come forward and contact police. >>> anne arundel county delegate, don dwyer is sentenced for two chop relate -- alcohol-related arrests. >> reporter: when don dwyer's boat collided in 2012, people were hurt, including broken bones and bones and a conduction, and he was pulled over for drinking and drive canning. he was sentenced to 30 days in jail for each conviction. 60 days behind bars. >> bare minimum of a sentence. >> reporter: mark was piloting the other goat with his grandchildren. in cold, dwyer lawyers is saying it was carbon's fault. >> to be d

warren buffett and everyone who owns brookshire hathaway.the oracle of of law has made back about $10 billion from the companies that he helped save during the crisis. the latest windfall coming from candy maker mars. that one payment is expected to net brookshire profit of about 680 million. buffett owns 38 and a half% of berkshire hathaway which means he made $2,603,000,000, living proof that it pays to have cash in a crisis. losing "money" today, anyone who owns bawling. in a big blow japanese air planes by past and made the very first order. not just in the order, a nine and a half billion dollar order, clearly paying the price for its dream liner battery issues a while back. and winning a jackpot. a waitress in oregon was given a lottery ticket in lieu of a tip from one of her regular customers. the ticket ended up being worth 17 in a half thousand dollars. that is a winning night if i ever heard one. that's all we have for you. i hope you made "money" today. you will see you back here you will see you back here tomorrow. the following

pat warren has more from gansler. >> reporter: attorney general doug gangler pictured at a teen party where drinking may have been going on. trigger as firestorm of questions about what he should have done. he spoke to his son and left. >> what is the appropriate thing to do where there are 19 and 20-year-old kids, having fun and a party. some may be drinking. >> reporter: do parents have options? >> we're in charge, not the teens. >> it is your child. you're responsible for your child. nobody else is. >> me, personally, i would definitely stop it. >> to the extent that people are looking at this as an issue it is a good thing. the confronts every parent that has, 19 or 20-year-old kids. >> reporter: clinical psychologist, jim, is saying parents face tough questions but the responsibility is there. >> to contact the chaperons there, i would probably do it to reassure myself that things were going well there. >> reporter: in a statement today, gansler said that you try to make the best decisions. the head of the group that created a public service announcement, which gansler cautions a

i'm pat warren coming up on eyewitness news. new changes to the mega millions game. >>> a gorgeous fall day around baltimore. the sun is shining and it's warm outside. don't miss the updated forecast with bob just ahead. ,,,,,,,,,,,,,,,,,,,, >>> it is clear, 63-degree. the case is underway for a famous cardiologist known as one of the best cardiologist of the year. rochele richie has been outside the court all day. >> reporter: the attorney for the wealthy plaintiff called the doctors office faulty and careless. it's the beginning of the end in a malpractice case, after mcgay the cath era zation was accused of giving patients unnecessary stents. the percentages were first the blockages. the higher the number the higher the need for a stent. his case is being heard in court. in court today winbberg's attorney said mcday testified wineburg would have died without the procedure. mcday's attorney fired back saying tests clearly showed wineberg had unknowingly suffered a heart attack and there were unknown problems of the heart. >> w

lawyers for convicted killer warren hill argued the public would have no way of knowing how the state executing prisoners, or if the lethal concoction was safe. >> this would be the first execution using a compounded pharmacy-produced dose of pentobarbital. it is not fda approved. that's a new factor here. >> the prosecution scoffed at those safety concerns. >> they are alleging that their threatened harm is he could receive pentobarbital, it would cause him harm. we are talking about 5,000 milligrams of pentobarbital. 200 to 300 are used to put you under for, you know, surgery. 5,000 milligrams - we are not talking about whether or not this person is going to wake up with an illness. we are talking about killing a person. so whether there's a contaminant in it, whether you could go into shock is irrelevant. >> finally the prosecution released one document - a heavily redacted lab report. but the state's insistence on secrecy backfired. >> the court is aware... >> judge gail tuson ruled that georgia's attempt to make state secret on the drugs was an improper attempt to bypass the cour

now to dave warren. >> it is the rain plus the constant northeast that is piling the water up in a lot of the back bays. so we're seeing minor coastal flooding. the storm causing this just off of the coast of north carolina. just to the north we're getting this rain, but the highest wind gusts there all the way up to atlantic city. inland wind gusts, 20, 30, 40 miles an hour, these are coastal flood watches, warnings and advisories there. this is a coastal flood warning for the high tide today. the high tide area was septemberable to flooding, you can certainly see that today. the rain will spread up to new york and become heavy, and it continues to come down, and finally you see it begin to move out, but that's not until friday. so it could be a rainy end of

that's according to a new book by billionaire warren buffett's son and grandson.is: forty chances: finding hope in a hungry world. we are so pleased to have howard g buffett and howard w buffett on set with us this morning. good morning. so what about the name of this book---forty chances? it's all about philanthropy here. > >it's about more than philanthropy actually because it's about how you take your forty chances, forty years that we kind of all have and do the best with it. so it involves everything from philanthropy to business to whatever you can do as an individual to help. > >we only get forty chances? > >he keeps telling me he's gonna get sixty. if you think about it, when you get out of school and you get a little experience you really have about forty prime years to reach your goals, to build a legacy---whatever it is you really want to focus on. so it's trying to create a mindset and it's true, some people get a little more than forty chances but it's a number that we could make sense out of. > >what is the takeaway from this book? just give us a lit

. >>> billionaire warren buffett says our elected officials are approaching the point of idiocy. bank customers notice their balance has grown by trillions of dollars. >>> now to other stories making news this morning. at least 114 african migrants seeking a better life in europe are dead after their boat capsized off the italian coast. some 200 more are still unaccounted for. the u.n. refugee agency says 84 migrants landed in the first half of the year alone. >>> new cell phone video, the group of bikers in new york city, you can see them blocking a gas station and riding aggressively. the wife of the man beat says her husband was forced to take the actions he did to protect the lives of the family. >>> a grand jury charges a montana newly wed with pushing her husband off a cliff to his death. >>> california governor jerry brown signs a law allowing undocumented immigrants to apply for drivers licenses. california is now one of 11 states that has enacted such law. >>> take a look at this rare two-headed calf. it is in vermont. vets say she is perfectly healthy. >>> turning to bu

warren buffett on the debt drama. before we go, please check out our facebook page at facebook.com/thefivefnc. we also have a brand-new website at foxnews.com/thefive. back in a moment. stay with us. when i first got shingles it started on my back. and i had like this four inch band of bumps that came around to the front of my body. and the pain from it was- it was excruciating. it made me curtail my activities cause i'm really an outgoing kind of a guy. and, uh, i like to play sports, i play basketball, i play pool. i did not want anyone to brush into me to cause me more pain than i was already enduring. i went to my doctor; he said well you actually have shingles. this is a result of you having chickenpox as a kid. it totally caught meff guard. i put the pool cue in the corner. i couldn't do those things anymore. the basketball- it caught dust. i wanted to just crawl up in a ball and just, just wait til it passed. some kind of... this is... an alien species. reality check: a lot of 4g lte coverage maps don't really

. ♪ >>> i'm meteorologist dave warren. we are tracking a heavy storm through here.his is a tornado watch. this is a severe thunderstorm watch. so this line is moving from west to east and really has strong powerful winds with these storms as they move through. in the last 12 hours see how quickly this line is moving. this is a line, a squall line, starting to bow out a little bit, indicating that we could see very powerful winds as these storms move through. if you are east of this line, it will quickly turn from calm to stormy. breaks up just a little bit here over long island, but forms again in new jersey down through delaware, into maryland and virginia. how about the timing of this. depending on where you are, you will be dealing with these storms. in the next three hours it will be pushing through england here just west of boston through rhode island and all the way through long island. that is 9:00. but midnight, it should be moving through maine and just off of the coast of massachusetts. so as the storms move through, wind gusts will pick up. these are seve

well, senator elizabeth warren doesn't. she says there has not been nearly enough prosecutions and prison sentences and she wants to do something about it, by golly. jamie dimon has to be loving that. we have a former sec chairman here to weigh in. more "money" coming up. ♪ [ male announcer ] it is more than just a new car... more than a new interior lighting system. ♪ it is more than a hot stone massage. and more than your favorite scent infused into the cabin. it is a completely new era of innovation. and the highest expression of mercedes-benz. introducing the 2014 s-class. the best or nothing. >> dennis: tesla hiting a bump in the road amid reports that the automaker might have troubleurod bank of america analysts say the stock is overvalued and seting a price target of $45 a share. it was 173 today. in the past year tesla's stock soared from $27 almost up to 200 bucks a share but is it just living on love? which have coal wilcox of long board asset management. thanks for being with us, coal. do you like tesla? rose ano

in an earlier interview we asked warren buffett what he believes is in store ahead do. you think that could happen again? >> i don't think it will happen again. >> you don't think that they'll use the debt creeling. >> if they do, they're losing their minds. no, the debt ceiling is silly to start with. congress appropriates money and they set taxation so it's their job to both create revenues and control expenditures and if they spend more than they take in, they're going to have to increase it. it's a political weapon of mass destruction and it's so crazy you don't want to -- both parties should say it's off the table. this givens them great tounlt to say, listen, we've been nuts in the past, we're not going to be nuts in the future. >> what happens in washington influences all of us. you have patty mary and paul ryan. democratic senate and republican congress. >> good people. >> what should they do in. >> work out something the best they can ta the two of them feel good about and then they should come forth and say this isn't perfect, it's going to make the guys on my

she's standing by with warren buffett. appears is a potential deal that will now go for a vote. what is your reaction to that? fubd the government until january 15th, extend the debt ceiling until february 7th. >> i think the first thing should be done after -- assuming it passes, i think the first thing that should be done is both sides say we will not use the debt limit as a -- as a weapon anymore. in fact, we should get rid of it entirely. we can't just keep playing this sort of game. and it's detrimental to the economy and worries people unnecessarily. if they want to keep the debt down, just don't spend more than they raise in revenue. >> what does the short-term deal do in terms of the confidences of businesses? sta starbucks ceo says it's foolish and don't help in the businesses or hiring. >> i think they said they would not use it as a weapon anymore, if both sides said that, that would be terrific. >> do you think they will? >> they should. but i have no insight as to whether they will. i will say this, our busine

i listened to warren buffett talking about the need to keep the company together. the company did beat the numbers. i thought it was a clean beat despite the fact that carbonated soda not that good. mountain dew very strong. >> don't underestimate the power of mountain dew? >> do the dew. >> yes! mountain dew has got some -- look, i'm trying to find things to justify why a stock is up, you could argue, or i just think it was a clean quarter. nelson on the call, why would they want to merge with a company they're taking share from? >> that's a good point. there doesn't seem to be a lot of momentum behind that. >> and they didn't cite that do dorito sales were weak because of senator boehner. >> you want to save that one for later. >> you think pita chips could get hurt by that? >> i think so. >> that's what it trickles down to, sun chips. >> i like those. >> the social media company is tentatively slated to begin trading november 15 under twtr. third quarter net losses did triple from a year ago but sales more than doubled in the period, helped by mobile ad revenue,