he's kind of damaged but at the end, you know, these guys, oh, hey, you know what, you gt a talent,

he's kind of damaged but at the end, you know, these guys, oh, hey, you know what, you gt a talent, let's turn that into some artistic talent, he's going to go to college to try to improve his artistic skills. that's the kind of direction we want it to go. >> question over here? >> what schools will you be visiting this year? >> we do a tour. we do two semesters so we do anywhere from 16 to 18 bookings in our school district and we do, like, elementary schools. so we go in and during assemblies on friday and we take, you know, it's kind of a -- it's good theater but it's guerilla theater. we do this condensed message in 30 minutes. >> it's about a 22 minute play, generally speaking, then we usually hang around for another 15 or 20 minutes so we usually get about 50 minutes and that's all we can get. again, a lot of these things are just based, we might not see a whole lot of schools but he has a whole other job. we used to go out and do two performances a week so we were doing 16 or 18 but it's just -- with the manpower shortage, since 2007 our theater department has lost like 40 percent

you can imagine. >> formula 1, nascar, gt, you have your choice of over 30 different cars you can try and over 60 different9:00 tonight. >> reporter: in fremont. so you might want to check it out. this is a great place to do it especially on a day like today. a lot of clouds around the bay area. we have seen a lot of rain overnight. looks like things beginning to settle down a little bit. still seeing rainfall off the coastline near the santa cruz mountains but even that's beginning to taper off. throughout the day we are expecting at least a chance of some showers, at least an isolated shower here on there from time to time. and the clouds trying to part somewhat. but this really is a transitional day as this storm system now is going to go down to southern california. and it looks like a much warmer and dry weekend ahead for the bay area. so it looks like some much improved weather coming our way and looks like in the next couple of days, that low tracking down into southern california. going to bring plenty of rain and stormy weather there. while we are going to keep it dry here but it looks like the ne

. >> jon: you are the perfect guest. only the perfect gt

you will not believe what its using to make your phone nearly indestructible. we talked to the ceo. gtials in a fox business exclusive. ♪ . [ kitt ] you know what's impressive? a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ >> while cnbc is on tape we're open for business. david: what a day it was. sac capital michael steinburg was arrested at his apartment. look at this video. a real genuine perp walk. he is charged with insider trading. steinburg is a senior portfolio manager at sac. charged with securities fraud and four counts of securities fraud. liz: joining us, jacob frankel, former sec enforcement lawyer. jacob, let me get your thoughts how this went down. before light came up, they were out sighs his park avenue apartment, pulling him out, handcuffs the whole shooting match. what makes you think this changes the picture

you currently own a bentley, a $450,000 porsche carrera gt, an aston martin, the maltese falcon, and o needs two yachts? well, we won't go into that. you own a 900-year-old moated estate in england, and i'm only telling what we know about. so, you do like to show off. >> guilty as charged. >> analyze that for us. why do you have to have the biggest and the first? what is that? >> you know, i'm no psychiatrist, but it probably comes from my childhood and the attitude of my parents. >> an only child, perkins grew up during the depression, which he says devastated his father and distorted his mother's priorities. >> my mother wanted things in life that my father couldn't provide, that were bought by money. the fact that we didn't have any money was very, very evident always in my life. >> 'cause she talked about it? >> she talked about it all the time. >> and so he cares about money, and he likes to spend it. this is his latest project -- his very own sports submarine, his newest high-tech toy, which he'll park on the forward deck of the maltese falcon. if you got it, flaunt it and poke

you have people living in tents. their heating is open flames. every night they were out fighting tent fires so people that were already displaced and already without just gt a little worse. yet they kept doing it. i asked him, i said, what do you guys need? what can i do? what can we do as a city, as a community, what can we do to help you? and the answer was, you know, we really need equipment. i said, all right, well, i can see what i can do, there's a couple networks. and what we really would like is a way to help the community because as you've heard mentioned here a few times, this idea of post traumatic stress, it was prevalent. you can feel it. people were -- this was a month or so, two months after. every time there was an aftershock people were on edge. we were on edge, for crying out loud. we're wandering around under this rubble, i'm looking back at these pictures now and thinking, what am i, an idiot? these buildings are going to come down. if you look at these pictures commerce is taking place under it where in america they would close down the block. this where my family has always had its stall. we got to make a living. what else can we do?

you buy a bentley gt, you're going to get guaranteed vin numbers. the guy in the bow tie who talked posh. even if you go to an auction house, they have lots and lots of tricky, naughty little ways of getting out of giving your money back. >> walk me through what else you look at, starting fo ining toni the show. liechtenstein, what is the story behind that one? >> a guy wants a face-lift. he has a lovely younger wife who had all sorts of work done and he wants one as well. he had this on his wall for 35 years. but he was never 100% sure if it was real or not. he was brave enough to hand it over to me and my team to say is it? so we took it on a journey. and eventually we found a way that we could authenticate it 100%. >> how do you break it to someone when the news isn't so good? >> i guess you do it like a new york cop knocking on a door to say, hello, mrs. jones, sit down, your daughter has been in an accident. you can't apologize. you can't be gushing about it. people come to you because they want the facts and want the truth. it is a bitter pill

gt. goodyear, we've got unusual activity in that one today, you look at how the autos did and you're not as surprised as -- >> they're buying -- 1% up in autos is a good number. >> yeah. it's a good number. we know if you fill up the tank, it's costing you more money. again, if the average american buys 500 gallons of gasoline a year, which is the average, then $1 increase in gasoline is $500 over the course of the year. it's not a major impact. >> let's keep liesman here and let's bring in our next guest who put out a very provocative note this morning saying the economy is reaching an inflection point. it is the talk of the street today. avoidance rhine hart, morgan stanley's chief economist. he joins us live from new york city. vince, welcome. >> thanks for having me. >> so it's reaching an inflection point. which way is it going? it seems to me the data would say it's going up. >> it's going up, but the inflection point is midyear. i'm on steve's camp that i do see some clouds in the very near term. we do have to get past the fiscal constriction. gasoline prices are hurting particula

rescue them, and the global markets are held hostage, and then they gt rescued because we know they will, and then here we go again. >> well, you say "here we go again," and we're seeing a continuation of the effort to consolidate the progress that has been made in the european union, and if you look back over the last 30 years of what the europeans achieved, give them great credit. when you look at what we've all achieved whether in europe or in the united states since 2007 and 2008, we've come a long way. federal reserve, i mean, you know, what i call th cnbc shorts like, you know, peter ship, they are drumming up business here, not analyzing a situation, a financial or economic crisis. he's trying to drive business to an offshore bank for crying out loud. i'm trying to keep clear this: one, our markets are far more secure than given credit for, and i ensure you invstors pay a premium in the market for the security. we're going to see the european union, the 17 finance ministers of theeurozone ill meet sunday. they will approve the deal, which will be less than we're told, at least, less than 11% con fig accusation. call it w

gt better, they are escorted out. but we might begin to break that cycle. it is just wonderful to walk out on the street and see the world walking by. >> are you giving the twitter deal? >> yes, we are. we just founded a new nonprofit. black rock arts foundation, which is dedicated to spreading interactive, a collaborative art throughout the world. now we have founded but we call the burning and project. -- what we call the burning man project. it eventually leads to the event itself. this is a wonderful opportunity. the thing about burning man, when you look at the variety of people that go there, when you look at this environment, where all the normal boundaries are down in every department of human knowledge and endeavor. if you ask what possible application that we have created that may be useful loud in the desert, -- what would it have an application to? education, urban planning, disaster relief. needless to say, we are ambitious than we think we can affect the course of things. we hope to in this century. >> i wanted to dig a bit more into that. i would love it if you could maybe help contrast the radical levels of participation and involvement that you

you know what? as a matter of fact one of our players about a year ago, he actually was a soldier in iraq, 18, 19, he went to iraq. the deal is he gt busted on a misdemeanor felony for gravanis so the military would not let him go to the military. and so he made a deal with the district attorney and he actually was in our play for a semester, did that community service, paid his 10 grand in restitution and went into the military. so, yes, we did have one experience within the cast at that time. >> any questions? >> i don't know if i need a mic. i want to encourage other cities that want this program to consider the program, it was fantastic. it was fantastic. i'm wondering if you thought about taking it into high school. >> junior high. >> the thing is we were thinking about that, but my whole thing is planting the seed at elementary school because, you know, when you get 12, 13, you get this attitude and they say, like, when you are 5 years old you develop penalty. for us, we wanted to have that opportunity to catch them young, it plant that seed. so when they do progress from middle school to high school, hopefully it will sprout

we went from the gt ceiling making it metal ceiling making it safer and we recommend going to a glass skin to a metal skin which will be lovely as well and we will show you the rendering. we have just about cut as much as we could possibly cut but do think that it is important to present the information that kim requested and we will do that at the next meeting. we are also, i want to director director metcalf's comment. we are not in terms of phase two, it is only about ten million dollars or so, that we are looking at accelerating in it and maybe a ten million zlars and that is only if we don't get that grant. if we don't get the tiger grants and so for every dollar, we don't get in federal funding and we are not made the number one priority for the city, we have no choice but to go to another revenue source and i have to add that while what is included here from phase two does not effect the new starts pot. but we wanted to finish that presentation. this presentation because i think that it answers your questions, director metcalf. in terms of what or i mean what else can we cut? it answers, what we are looking for in terms of additional revenue and w

can you show us some of those as well? >> sure. we have the 3-series gt.t's a perfect combination between the elegance of a sedan and the versatility of a wagon. we've combined that both and that's how the 3-series gt was born. and again, we think it's a very convincing offer because it combines the best of both worlds. then we have the active turo, which is a very compact, modern design, very compact on the outside, very airy, versatile on the inside. you sit a little up higher. so, this is also for a new target group we're looking at. >> in terms of sitting up a little higher, that's something that appeals, is it to women? because i have to admit, having driven suvs in the past, i do have a little bit of a feeling that i would like to be up a little higher. >> well, in general, i wouldn't connect it to gender. i would generally say that people like to sit a little higher, and this also helps you with your space in the car. and by the way, this car will also features front-wheel drive as well as all wheel drive, so we're making a big step there as well. >