wu will do. where to? first stop... peru. vincent wu to katmandu. what's next? timbuktu. area code 212. so, timbuktu, katmandu, peru, and 212. all by half past 2:00. not a problem. [ female announcer ] need an expert? push a button. that's the human network effect. learn more at cisco.com/newways. phew! you have to have trust in the system so that when the investors come to the market and feel confident, they're willing to invest, which then translates to business creation and job creation. that chain is very, very important and frankly in the crisis last september and october that chain was broken. a lot of the markets that got us into trouble in the crisis were not regulated, they were not transparent there was really no accountability. markets like ours are stable, reliable, transparent and highly regulated. we realize that we are going to enter a period of re-regulation that is necessary. and we find ourselves in a unique position to be part of the solution. so that people feel the resulting business environment is one that is able to instill trust going forward... an

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wu will do. where to? first stop... peru. vincent wu to katmandu. what's next? timbuktu. area code 212. so, timbuktu, katmandu, peru, and 212. all by half past 2:00. not a problem. [ female announcer ] need an expert? push a button. that's the human network effect. learn more at cisco.com/newways. phew! has the fastest hands boxing has ever seen. so i've come to this ring to see who's faster... on the internet. i'll be using the 3g at&t laptopconnect card. he won't. so i can browse the web faster, email business plans faster. all on the go. i'm bill kurtis and i'm faster than floyd mayweather. (announcer) switch to the nation's fastest 3g network and get the at&t laptopconnect card for free. >>> the government decided to draw the line with cit. he guarantees the debt of so many other financials, the jp morgans, bank of americas. didn't extend to cit group. now i have been as big a critic of cit's management as anyone else out there. even going so far as to put jeffrey pete, his awful value destroying ceo on the wall of shame. but i have to tell you -- and i'm thrilled sec

wu will do. where to? first stop... peru. vincent wu to katmandu. what's next? timbuktu.00. not a problem. [ female announcer ] need an expert? push a button. that's the human network effect. learn more at cisco.com/newways. phew! >> larry: a couple more things, jermaine, on the will. are you surprised your siblings or your father isn't mentioned? >> no, i'm not surprised but what makes me angry is the will is exactly michael's wishes. they should be carried out exactly the way michael wanted them. anybody that tried to contest this will is not following -- >> larry: it doesn't bother you your father isn't mentioned or you're not mentioned? >> it doesn't bother me. my mother's fine. we're all fine. most importantly, it's not about money, larry, it's not about property. we're a family. we're a family. we don't let that get in the way. that's not important to us. that's not important. >> larry: did you hear any of the results from any other autopsies? do you know anything more? >> no. when it comes to these things that they're saying, excuse me, but i'm very uneducated when

wu will do. where to? first stop... peru. vincent wu to katmandu. what's next? timbuktu. area code 212. so, timbuktu, katmandu, peru, and 212. all by half past 2:00. not a problem. [ female announcer ] need an expert? push a button. that's the human network effect. learn more at cisco.com/newways. phew! >>> well, devastated relatives are now being banned from visiting their loved ones' grave sites. that's because the illinois cemetery where these graves were dug up and allegedly resold is now officially a crime scene. it's the latest development, reporter cheryl jackson is there. cheryl, what can you tell us about this? >> reporter: well, tom, you're right, people are upset. grief has turned to anger for a lot of people who can't go inside to see if the graves of their loved ones are safe. now, on thursday there were hundreds of people here. and they were able to walk through the graveyard and check to see if their families' tombstones were there. they're not able to do that today, because as some of the family members were walking through, they actually found human bones

do i love that feeling. kn-iall... expert. a guru. how out wu wu will do. where ? first stop... pe. vincent wu to kaandu.at's next? timbuktu. area code 212. so, timbuktu, katmandu, ru, and 212. all by half past 2:00. not a problem. [ female announcer ] need an expe? push button. that's the man network effect. learn more atco.com/newways. phew! >>> trader radar tonight, footlocker. the nation's largest retailer of athletic footwear was one of the most active names on the nyse today. we are back. welcome back to "fast money." we've got a big second half for you tonight. two stocks on the dow that could have made your money today. one is the fast slash, and the other one helped wall street whale earned 1$175 million in just a few hours. we'll tell whau the trade is. plus trading after dark. oil continuing to move post market. j.t., the liquidator has not left the screen. he's watching one trade he's making now. and the porn trade. you may be tempted blush, but we aren't, and corporate america isn't either. they are making a killing off it. i'll tell you how you can as well. oil is rising. feeling like you'r

wu will do. where to? first stop... peru. vincent wu to katmandu. what's next? timbuktu.a code 212. so, timbuktu, katmandu, peru, and 212. all by half past 2:00. not a problem. [ female announcer ] need an expert? push a button. that's the human network effect. learn more at cisco.com/newways. phew! >>> paul mccartney is speaking out for the first time about the business move jackson made that changed their relationship forever. when jackson bought the rights to the beatles music catalog. this is on last night's late show with david letterman. listen. >> we had a really good time. we made a couple records together. we did a video. and we're very good friends. it actually kind of fell apart a little bit later because he was talking to me and asking about business. and one of the things i said to him was think about getting into music publishing. and then he looked at me. he said i'm going to get yours. >> yeah. >> so, you know, i kind of thought -- oh, you! but he turned out to be true. which, you know, he has it together, i suppose. but what happened actually is then i st

wu will do. where to? first stop... peru. vincent wu to katmandu. what's next? timbuktu. area code 212. so, timbuktu, katmandu, peru, and 212. all by half past 2:00. not a problem. [ female announcer ] need an expert? push a button. that's the human network effect. learn more at cisco.com/newways. phew! >> larry: you know you've got something to say about our show tonight because you've been burning up the blog. here's our david with your comments about michael jackson and more. david? >> larry, we are talking all things michael jackson on the blog tonight. it's a conversation happening at cnn.com/larryking. we're talking mainly tonight about this custody issue of michael jackson's children such as you just were with the panel. and of all of the thousands of responses that we had today on the blog, one really caught our eye i'm going to share it with you. somebody named christina. she says this, i hope the children stay with katherine jackson since that was michael jackson's expressed wish. she goes on to say i'm sure they can find a healthy peaceful co-existence for the

wu will do. where to? first stop... peru. vincent wu tkatmandu. what's next? timbuktu. area code 212. so, timbuktu, katmandu, pe. all by half past 2:00. not a problem. [ female annncer ] need an expert? sh a button. that's e human network effect. learn more at cisco.com/newways. phew! hi, may i help you? yeah, i'm looking for car insurance that isn't going to break the bank. you're in the right place. only progressive gives you the option to name your price. here. a price gun? mm-hmm. so, i tell you what i want to pay. and we build a policy to fit your budget. that's cool. uh... [ gun beeps ] [ laughs ] i feel so empowered. power to the people! ha ha! yeah! the option to name your price -- new and only from progressive. call or click today. see, i cld get up. see how-- see? whereas if i didot have it, i would, uh, like this, oh-oh-oh. only two aleve n stopain all day. that would take si tylenol arthritis pain. this feels good! laughing ) >>> welcome back, everyone. check out family dollar there, up better than 10%, $30.57 a share. the company reporting a 36% jump in qua

wu will do. where to? first stop... peru. vincent wu to katmandu. what's next? timbuktu. area code 212. so, timbuktu, katmandu, peru, and 212. all by half past 2:00. not a problem. [ female announcer ] need an expert? push a button. that's the human network effect. learn more at cisco.com/newways. phew! >>> a mus slim student says she experienced a discrimination. >> i feel like they are very angry at me. >> because why? >> because i complained and stood up for myself. >> reporter: ever since she was 16, she wore a symbol of modesty in islam. not once has anyone ever discriminated against her appearance until this school year when she says her communications professor made a comment about her head scarf. >> she turns back to me and looks at my scarf, and i had it further back so you could see my bun with my hair and she points to it and says, what is that? a bomb? >> reporter: that was the first of several comments that the teacher made. in the complaint that she filed with the equal opportunity commission include, what you have under there? bombs? are you carrying any bo

wu will do. where to? first stop... peru. vincent wu to katmandu. what's next? timbuktu. area code 212. so, timbuktu, katmandu, peru, and 212. all by half past 2:00. not a problem. [ female announcer ] need an expert? push a button. that's the human network effect. learn more at cisco.com/newways. phew! i'm sorry. i can't hear you very well. announcer: does someone you know have trouble hearing on the phone? dad. dad, let me help you with that, okay? announcer: now, a free phone service shows captions of everything a caller says. i'd like to make an appointment to see the doctor. announcer: to learn more about captioned telephone, call 1-800-552-7724 or go to our website. i'll see you at 3:00! announcer: captioned telephone - enjoy the phone again! >>> welcome back. let's get to our global round-up of these equity markets. we've got zurich. christine will talk us through the asia markets. patricia is in frankfurt. let's start off with rebecca in london. >> i'm losing my voice, i'm so upset at being called old by steve. let's talk about the markets. we're looking at a flat

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will see you on the other side. we need to send an expert. a walking, talking... know-it-all... expert. a guru. how about wu? wu will do. where to? stop... peru. vincent wu to katmandu. what's next? timbuktu. area code 212. so, timbuktu, katmandu, peru, and 212. all by half past 2:00. not a problem. [ female announcer ] need an expert? push a button. that's the human network effect. learn more at cisco.com/newways. phew! >>> industrial revolution among the best movers on the s, and p, pp and g, masko is better than expected earnings. whirlpool is higher as we said. baxter international is on the list as well. up $1.89. ppg industries and whirlpool. michelle in. >> can marijuana be the solution to california's budget problems? according to a study, a new bill to tax and regulate marijuana like alcohol could inject billions into the state. brilliant idea? or simply a pipe dream? here now bruce with the marijuana policy project in san francisco. let's guess what he thinks.. welcome to our lunch.h. good to see you. >> good to be here. >> you think legalizing marijuana so it can be tax and bring in $1.4 billion which is the estimate fo

wu will do. where to? first stop... peru. vincent wu to katmandu. what's next? timbuktu. area code 212. so, timbuktu, katmandu, peru, and 212. all by half past 2:00. not a problem. [ female announcer ] need an expert? push a button. that's the human network effect. learn more at cisco.com/newways. phew! chef's meal with pommes frites perhaps a night at the theater with extra special seats additional hotel night, our treat you world in perfect harmony: priceless look for world on your mastercard to get rewards and offers that matter to you. >>> welcome back. quick check on the markets. they crept up here a lot after the home data came out more positive than expected. we saw 9,000 on the dow first time this year. dow is up now 1.3%. nasdaq keeping with the trend, s&p 500 overall markets also come keeping up with that trend. 3-m, at&t, alcoa, dupont. 3-m came out with an earnings report past expectations. alcoa and dupont, some of these players that really played to some of the emerging market stories, also performing exceptionally well today. >>> all right, in cnbc's third

will go back to sue herrera after the break. we need to send an expert. a walking, talking... know-it-all... expert. a guru. how about wu? wu will do. where to? t stop... peru. vincent wu to katmandu. what's next? timbuktu. area code 212. so, timbuktu, katmandu, peru, and 212. all by half past 2:00. not a problem. [ female announcer ] need an expert? push a button. that's the human network effect. learn more at cisco.com/newways. phew! of the world's most revered luxury sedan. this is a history of over 50,000 crash-tested cars... this is the world record for longevity and endurance. and one of the most technologically advanced automobiles on the planet. this is the 9th generation e-class. this is mercedes-benz. >>> welcome. we are on the east coast with sue herrera in sunny california and the weather here is miserable. let me ask you if it's better in the bond marks after the california fiscal deal. >> the clouds have cleared considerably in the municipal bond market when it pertains to california. the fact that they came to the budget agreement triggered a big move and the question is whether or not that is sustainable because they are pushin

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wu will do. where to? first stop... peru. vincent wu to katmandu. what's next? timbuktu. so, timbuktu, katmandu, peru, and 212. all by half past 2:00. not a problem. [ female announcer ] need an expert? push a button. that's the human network effect. learn more at cisco.com/newways. phew! >>> got an interesting call out of goldman, a bullish call out. the firm raising its year end 2009 s&p 500 price target to $10.60. that's 13% above the current level. i don't know where they were previously, guys, but 1060 by year-end, that's what some are calling for before we face the music down the end of the road. that's what meredith whitney and doug cass and some others -- >> doug cass is some bullish comments. so i think they had to move him to a different column because he was -- he said positive things. >> he did say positive things. ableson had the best column he's ever written. i learned from -- >> this week was not ableson. >> it was randy. >> that explain something. >> it was randy foresyth. >> i learned something. i learned something. it wasn't just flowery language signify

wu will do. where to? first stop... peru. vincent wu to katmandu. what's next? timbuktu.a code 212. so, timbuktu, katmandu, peru, and 212. all by half past 2:00. not a problem. [ female announcer ] need an expert? push a button. that's the human network effect. learn more at cisco.com/newways. phew! >>> all right. that's the space shuttle "endeavour." they're working hard on the international space station. let's talk about the future of space exploration with democratic senator bill nelson of florida. he himself went into space aboard the shuttle "columbia" back in 1986. hard to believe it's been that long, senator nelson. david bohrman is still with us, our washington bureau chief. the future doesn't necessarily look all that good at a time of enormous economic pain. some folks are saying, you know what, it's nice to have space exploration, but the billions, the tens of billions could better be spent here on earth. you don't agree. >> you can do both. and offen the two overlap. just think of everything that's come out of the space program that has helped our daily lives

wu will do. where to? first stop... peru. vincent wu to katmandu. what's next? timbuktu. area code 212. so, timbuktu, katmandu, peru, and 212. all by half past 2:00. not a problem. [ female announcer ] need an expert? push a button. that's the human network effect. learn more at cisco.com/newways. phew! >>> let's bring in our cnn political contributor, democratic strategist donna brazil and alex cotellanos. this is early in the bush administration, june 16th, 2001. the then president, president bush, met with the then president of rush vladimir putin. and bush said -- >> i looked the man in the eye, i found him to be very straight forward and trustworthy. we had a very good dialogue. i was able to get a sense of his soul. >> that was at the bush ranch in crawford, texas, early the first year of the bush administration. today the president of the united states barack obama went to moscow after their meeting he said this -- >> i trust president medvedev to not only listen and to negotiate constructively, but also to follow through on the agreements that are contained here t

wu will do. where to? first stop... peru. vincent wu to katmandu. what's next? timbuktu.. so, timbuktu, katmandu, peru, and 212. all by half past 2:00. not a problem. [ female announcer ] need an expert? push a button. that's the human network effect. learn more at cisco.com/newways. phew! you have questions. who can give you the financial advice you need? where will you find the stability and resources to keep you ahead of this rapidly evolving world? these are tough questions. that's why we brought together two of the most powerful names in the industry. introducing morgan stanley smith barney. here to rethink wealth management. here to answer... your questions. morgan stanley smith barney. a new wealth management firm with over 130 years of experience. ♪ the summer wind came blowing in from across the sea ♪ >> good morning again, everybody. if you have any comments or questions about anything you've seen here this morning on n "squawk," go ahead and e-mail us at our address squawk@cnbc.com. we would love to hear from you. >>> coming up next in the "squawk" boardroom, o

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wu will do. where to? first stop... peru. vincent wu to katmandu. what's next? timbuktu.timbuktu, katmandu, peru, and 212. all by half past 2:00. not a problem. [ female announcer ] need an expert? push a button. that's the human network effect. learn more at cisco.com/newways. phew! hi, may i help you? yeah, i'm looking for car insurance that isn't going to break the bank. you're in the right place. only progressive gives you the option to name your price. here. a price gun? mm-hmm. so, i tell you what i want to pay. and we build a policy to fit your budget. that's cool. uh... [ gun beeps ] [ laughs ] i feel so empowered. power to the people! ha ha! yeah! the option to name your price -- new and only from progressive. call or click today. >>> welcome back to the most news in the morning, just over an hour, sonia sotomayor's confirmation hearings will start on capitol hill. and this morning, some legal experts are asking why even bother instead of learning about the nominee, now we tend to get a lot of nonanswer answers. and costello live from washington. >> reporter: eve

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interested in seeing eryes hair do and a preview of o a d preview of tomorrow go to my blog wu lyaltetuvorr you can actually vote onwhh wh ldi should wear. cag llshinitca> ha> we willing 9 news now. good morning. fa >>> allison krausse performed last night for president obama at the white house and also charlie pride and west virginia native brad paisley. >>> and we noknow th is winter's capitol christmas eetr will come omfrin alp aarizona. a national forest there will provide an 85-foot blue spruce and it will arrive in washington in november. >>> the nationals hosted the mets last night it got scary the third. david wright hit a ball to center. but morgan gets the out and ends the inning. listennen turned in a brilliant performance and went the distance earning his first career shut out the first ever at nationals park and thionates blank the mets 4-0. >>> but there is troubling news from the steven strasbourg front. espn reports the nats are not on pace to sign the number one draft pick by the deadline. a source close to the investigation says they have offered nothing more than a standard minor league deal. the gm says there are talks ongoing behind the scenes.

do you need help? yeah. i'll contact emergency serv. you okay? yeah. onstar. standard for one year on 14 chevy models. know-it-all... expert. a guru. how about wu? wu will . where to? first op... peru. vincent wu to katmandu. what's nex timbuktu. area code 2. all by half pa 2:00. not a problem. [ female announcer ] needn expert? push a button. th's the human network efct. learn re at cisco.com/newways two identical rooms. so why does this one cost so much less on hotwire.com? when fouar hotels have unsolros they use hwire to fill them, so you get them at pces lower than any other travel site, guarteed. h-o-t-w-i-r-e, hotwi.com >>> look, inow the act todayas ptty serable. >> boo! >> and i know the market lost a lot of sizzle. i know it's not really as much time to own stocks as it was a month or even two months ago. it makes it easy to turn on, tune in,nd drop out. this is the kind o market that mas you nauseo. and makes you bld to opportunity. not because you're too negative, t simply because you stopped openin, you don care. don't want tgo to the ballpark that woulde a big mistake, ladies and gentlemen. as the opportunities are there for -- for the take

wú would like it to be?ú >> i think it will.ú i don't see gdp getting above 2 1/2% until 2011, the year after next. when i doowth rates in housing activity and in the autos area for next year. but of course those are coming off very, very low points. so their share of the economy, their ability to contribute to growth, is much less than it would have been in the past starting from such a low bottomú i also think on the inventory argument absolutely massive, massive liquidation in the ú second quarter.ú inventories are indeed going to be a bit plus going forward, buú quite a lot of that is going to be absorbed in imports. on the way down a lot of the inventory cuts were reflected iú import reductions.ú on the way up inventories getting rebuilt.ú imports get boosted.ú so not all the bad inventory swing flows into the u.s. gdp. >> dick, no dip in the september, october period when everyone realizes top line growth is not going to materialize the way it -- that's the. >> i don't see it. i think we're in a stock bull market that was a reference earlier to 1982. in 1982 we'd had 16 years of dreadful returns i

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