the company's chairman at the time was retired general wesley clark. talk about what happened because the company is being sued. >> it's in a court case. it cannot be talked about. >> reporter: no one from the two big stock exchanges wanted to appear in our report either, but like the new york stock exchange, nasdaq in a letter to abc news said it had imposed more stringent listing requirements in april of last year, well after at least 40 of the suspected frauds had already been discovered. when we went to nasdaq to ask how that could happen, an official grew unhappy with our questions. how did those 40 get on this exchange without some kind of check to reveal they were frauds? >> companies get on exchanges through very -- look, this interview is over right now. it's over right now. i'm walking you out the door. >> reporter: the chinese government has now reacted to the allegation it was not cooperating with the u.s. in a statement to abc, it said, "groundless accusations will not con deuce to our friendly cooperation." cooperation that u.s. officials

. >> so let's ask former nato supreme allied commander wesley clark.rning. >> good morning. >> you're a military guy. who does president obama have to consider nominating a defense secretary? >> the president is looking for someone with the expertise and experience to bring credibility to the team. i think someone to represent the united states defense department with the congress and so he has to testify and handle senate, congressional meetings and leadership. represent the united states abroad. of course, participate as the -- with the national security council with the president and he's the number two person in the national command authority. i think stan mcchrystal is right. it takes trust. the president has to have that trust. i think chuck hagel has earned that trust and respect from the personal relationships with the president through their time in the united states senate and through previous times when senator hagel two-term senator has put a lot of effort in to the defense department. traveled abroad. he's seen u.s. forces. he knows the mi

joining me now is retired general wesley, former nato commander now chairman and ceo of wesley clark and associates. and former pennsylvania governor, ed rendell now an nbc news analyst. doesn't the president get to pick his own team? or has something changed? >> absolutely he's going to pick his own chief. the right wing is lining up to fight him and there may be some votes against him. i think when chuck hagel gets on the hill and he talks to senators one-on-one and gets in groups and they have to face one of their own former colleagues, a man who's got experience, sound judgment, compassion, everything needed to be a great secretary and member of the president's candidate. >> but, general, i mean, why are we seeing this lack of acceptance of the president's team? you had susan rice, you've had all of these way out attacks on the attorney genric holder. are they trying this with hagel? why is it no matter what this president nominates, they find a reason to fight it. >> i think this is the next front, you know. they didn't do so well on the fiscal cliff. now they've got to find ano

joining me former general wesley clark, and a former presidential candidate, peter brooks, senior secretaryfense. i want to start with my friend peter brooks. i didn't see the whole hearings. i read a lot about them, i caught some of them. i'm not sure i learned anything new today. with respect to that night, that cock and bull story about a spontaneous demonstration with a video, they never answered that, they never told us why. most of all, why did the security break down and why didn't we do anything to try to rescue our americans? four died. why didn't we try to rescue anybody? i didn't hear any answers to any of that stuff. >> you're absolutely right. i watched both hearings and you watched part of it and you know as much as i do. we know nothing new today. the obama administration was winner and the american people was the loser. we no nothing more than weeks or months ago about this situation and it's still incumbent upon congress to get answers. how can you believe this administration about anything if we can't get straight answers on this terrible tragedy? >> general wes clark, wel

. >> retired general wesley clark is the former nato commander, retired air force colonel cedric layton is a former intelligence of a certificate. officer. great to see you both. general clark, let me start with you. barbara starr just reported the algerian government has not been cooperating. the cia has been trying to piece this together themselves. this makes it very complicated and much more difficult. but only now, more than a week later, the u.s. government is connecting the dots which at least from when we talked to omar on the day of the attack seemed to be perhaps visible very early on. what is causing the delay? >> i would suspect the algerian government's quite embarrassed by the poor results. they've been criticized roundly by other western countries for not running a very effective operation. had a lot of people killed in the operation. it's not the way it's done. they pushed it up, they accelerated it, they simply don't have the sophisticated special ops capabilities for hostage rescue capabilities that western countries have. but eventually, i'm convinced, they will share

joining me now in the msnbc studios aattia abawi and general wesley clark, general clark ran for president in 2004 as a democrat. i want to start with you, because as we were watching what took place with the meeting with president obama and president karzai. we know president karzai does want the troopses out of aftering aftering, but now this symbolic meeting and the talk that came from yesterday, what does it mean going forward for 2014? >> president karzai wants the american military mission in afghanistan to be over, he does want american troops to stay in afghanistan primarily to train afghan forces and the forces capable of taking care of their own land and analysts would disagree with that and the reason he wants american forces still there isn't necessarily to fight the insurgency in afghanistan. he's hoping he will have an effect across the border with the insurgency that he says stems from pakistan. >> general, have we met our goals there? >> do we know what our established goals are other than going after osama bin laden? >> the mission evolved over time, but first, under secre

30 incredible appointed by the presidents of missions and to have tom brokaw, four-bar general wesley clark, all these incredible people asking questions. >> he won? >> he won. i still think like an athlete, but they selected 15. my friends and family were like, you competed against him? he won it? you were still talking to him? >> i did not give the fellowship, but i got the fella. >> i loved what you were saying. the have a poster that says, what were you do if you were not afraid? you said that question, it is a game changer. >> it all over facebook, we have all of these posters that are very inspiring and they really and forman drive the culture. there are things like, perceived to be bold, think wrong, move fast and break things. >> what does it think wrong mean that? >> forget about convention. look at the white board and come up with something. if you do not like the way across swap works, change it. dixit, change it. do not think in conventional ways. -- fix it. change it. break the mold. follow whenever your vision is. take risks. if you fail, it's ok. what would you do if you're n