ray kelly, who is currently the commissioner of police for new york city, he won't have that job much longer. where is he heading and what does he think about the new mayor getting rid of risk. former mayor of alaska sarah palin is an author of a new book all about christmas. busy three hours kicks off in 12 minutes from right now right here on your channel for news. michael, tell us why you used priceline express deals to book this fabulous hotel. well, you can see if the hotel is pet friendly before you book it. and i got a great deal without bidding. and where's your furry friend? oh, i don't have a cat. priceline savings without bidding. still running in the morning? yeah. getting your vegetables every day? when i can. [ bop ] [ male announcer ] could've had a v8. two full servings of vegetables for only 50 delicious calories. more shopping. more dining out. more traveling. and along with it, more identity theft. every time you pull out your credit card, shop online, or hit the road, you give thieves a chance to ruin your holiday. you can't be on the lookout 24/7. but lifelock can

police commissioner ray kelly defended the ruling and the practice. >> lowest number of murders at this point in time, october 31st of 2013, probably the lowest it has been in -- since in october 31st in perhaps the 1940s. so that's how safe the city is, and our tech tactics and strategies i think have worked and continue to work. >> the appeals process will continue through next spring. he built his campaign around ending stop and frisk. >>> cory booker officially became u.s. senator today. vice president biden sworn in the new jersey democrat. >>> i'm the kind of person that is going to try to do the right thing by all of the members of our great state. >> the former mayor is filling the seat of frank laudenberg who died last summer. booker and his mother met with senate majority leader harry reid today, and later on with president obama. >>> police in detroit say they have recovered a video of the city's mayor smoking from what appears to be a crack pipe. this is the latest in a drug investigation that has rocked canada since may and the first official link between major rob ford and

. >> he is some great people out there that are apolitical, for example like our next guest, ray kelly, he didn't go there and vote for jeh jocks a lawyer. >> i'm sorry, you called him what? >> a lawyer. >> this guy is the president's lawyer, and i don't want to put a political hack in that position. >> actually he's the defense department general council. he didn't call him a political hack. that's michael mccall, if you are the general council to the pentagon, that's the same thing as you being the president's lawyer, you're a political hack, who's obviously unqualified for a national security job. and maybe it does not matter in this case, maybe it does not affect congressman mccall's perspective that he appears to be the richer person in all of congress. once you know that about him, though, it's hard not to keep that in mind when you see him in action, when you see him calling the guy a hack, saying essentially that he hasn't earned what he's got. michael mccall is the richest member of congress because he married a person who is going to inherit the clear channel fortune. his wif

at the nypd joint operations center, commissioner ray kelly said, a key component of security for this year's event will be surveillance. >> in addition to the tv cameras in our lower and midtown initiative, we've established mobile units and collection teams. >> all in real time. along with that, the nypd will also use more than 1500 private sector surveillance cameras along the route. the nypd will have a separate marathon communication center in central park to help the thousands of police and private security working the event. as for the runners we talked to, they said fear is not a factor. like gary morgan who ran in this year's boston marathon. >> you ran in boston? >> yes, i did. >> do those events still affect you? >> no. anything could happen anywhere. but to come back really, this is so special being here. new york. they had to cancel last year because of the hurricane. so to be back here, this is really something. >> thanks. stay with us tomorrow when our own brian yenis reports live from the marathon route right here in manhattan. >> it will be a big day for the runners. >

. >> new york city police commissioner, ray kelly says 2,000 security cameras will provide video surveillance including 100 new mobile cameras. five choppers will patrol the air, 49 police dogs will be deployed including highly trained k-9s that can detect explosive materials moving through a crowd. in central park, these preparations are translating into confidence, the only threat facing runners is exhaustion. >> i haven't heard anybody express trepidation or concern about lining up for this race. >> you're not going to be running more in the middle of the road to avoid the crowds on the side. >> only if that's the most direct route. >> and for the first time in the race's history, spectators will have to pass through security check points to get near the finish line. the nypd will also conduct background checks on all 10,000 volunteers. >>> an arizona couple's wedding is anything but traditional. >> thank you for always being by my side of the merry go round of life. >> i no pronounce you husband and wife. >> rachel and jake risinger said i do at the arizona state fair. the flower girls ca

here in new york city, police commissioner ray kelly beefed up patrols in an area of brooklyn where seven knockout assaults occurred. he's worried about copy cats. i did a quick search on youtube and also on twitter and the results are astounding and you can watch the videos. they are very, very dangerous. >> hopefully the people who are watching are the authorities and they can get the people responsible. >> exactly. >> rosa, thank you very much. >>> shocking details now are surfacing in the killing of a popular massachusetts math teacher. colleen was found dead outside her school in october. alexander field has the latest on the investigation. >> reporter: the details are disturbing according to a search warrant affidavit. it shows her 14-year-old student following her into the bathroom, donning gloves and a sweatshirt with a hood up. he's seen walking in and out of the bathroom several times. 30 minutes later, he wore a black face mask. her body was found in the woods next to a handwritten note saying i hate you all. ritzer had been raped with an object. according to the affidavit, whe

new york police commissioner ray kelly reacted to the news thursday night. >> i have always been an surly have not been alone come a concerned about the partiality of judge scheindlin. we look forward to the , a fairion of this case and impartial review of this case based on. >> all of this comes as stop and frisk has been a major issue in new york's mayoral election, which takes place this tuesday. democraticsio, the nominee for mayor who is leading his republican opponent joe lhota, said he was extremely disappointed by the decision. ask for more we're joined by -- >> for more we're joined by sunita patel. can you talk about the significance of this decision? was quite stunning, saying stop and frisk was unconstitutional, pointing -- saying a monitor had to be put in place to come up with reforms for the police department. but all of that has been turned around. >> it is very disappointing and shocking. the decision was to supporting and shocking. i think we need to make sure we're clear on what was in front of them. the city was asking for a stay of her reform process. although the jud

you basically have ray kelly who is not necessarily mr. bleeding heart liberal saying, i don't see evidence this is a real thing. i am concerned that the press is going to make it a real thing. >> just like the koran burner in florida, exactly like that. >> that is a perfect example. >> that happens constantly. >> the fact that it is on video. if it was not, they could be walking around with ice picks and attacking everyone and we would hear nothing on it. >> it seems like the war on christmas is just not getting off the ground. >> i am willing to bet that. >> the war on christmas. congress is not in session. we're gonna see war on christmas taking off. >> we have breaking, breaking news. don't put the breaking banner up. we don't want to abuse that. this is the national republican senatorial committee now accusing the president just recently, just today of closing our vatican embassy. have you seen this? you have not heard of this if you don't really get deep in breitbart. basically, they have one building in roam, not actually in vatican

new york city police commissioner ray kelly says his men will be in place to help just in case. >> we have a sergeant assigned to each of the balloons. they can be lowers all the way to the ground or a determination is made not to fly. >> organizers say they will wait till thursday morning to make their decision. >>> shining a new light on mental health issues. two high profile stories are showing the challenges for families and communities. we'll take a closer look. ♪ ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. this season, discover aleve. on the table by not choosing the right medicare d plan. no one could have left this much money here. whoo-hoo-hoo! yet many seniors who compare medicare d plans realize they can save hundreds of dollars. cvs/pharmacy wants to help you save on medicare expenses. talk to your cvs pharmacist, call, or go to cvs.com/compare to get your free, personalized plan comparison today. call, go online, or visit your local store today. ♪ [ male announcer ]

he is willing to give up ray kelly which is a stupid thing think we are done here. directly ahead, should an ex-girlfriend get a slice of her ex-boyfriend's powerball pie? she dated him for a decade before he dumped her. the $338 million breakup battle next on "the five." >>> welcome back. a couple of interesting money stories in the news 37 intriguing circumstances begging the question what would you do. in march, a new jersey man named pedro turned over a winning lottery ticket he just won $338 million. then it got interesting. his girlfriend inez is suing him because he won't share the winnings there's more. the girlfriend inez is also mother inez to their child. and more the couple have lived together for ten years. they have run a convenience store together as well. add a final twist. also recently moved out of pedro's place claiming domestic abuse. what would you do? first, what would you do? if you are pedro, first. >> pedro, okay. it is an ex-girlfriend, ex-boyfriend. i wouldn't give them a nickel. here is where they may have a problem. if this goes to a jur

here's what new york city police commissioner ray kelly said. they're still trying to sort out those types of details but used some interesting words to describe it. let's listen to that. >> some of it is slapping, but it's still a concern, of course. some phrase that's used is polar bearing or polar bear and knockout has also been used. we've seen this in the past. but i would like to urge anyone who has been victimized by this to come forward and let us know. >> on the heels of that, you mentioned reverend al sharpton. he had to address this on "politics nation" because there's so many people coming out saying we need you to address this, rev, so let's listen to what he said. >> it's deplorable, it's foolish, and it's unacceptable. and i'll be working with others to fix this senseless violence. i also urge entertainers and people with influence on young people to speak out and discourage it. >> so i also want to before i let you answer quote what you wrote here. you say in your piece, does a white representative have to put out a press release

new york city's police commission, ray kelly, said everything can be done to keep the runners and spectators safe. here is what he said. >> i think this will be the best protected race that, you know, they can enter. no guarantees in the post 9/11 world, but we are doing everything we can to protect the runners and spectators, and let this be a safe and enjoyable event. >> kelly says new york police officers met with officers following the boston marathon attack. >> i know you are there on staten island where the whole thing kicks off. you have talked to any of the runners to get their reaction to some of the restrictions? >> reporter: well, you will remember this marathon was cancelled in the aftermath of super storm sandy, and so these people are happy to be here. they did not get the opportunity last year, even if they had to deal with stepped up restrictions, it's something they are willing to go through. there are extra restrictions just for the runners. they are all being screened before they get to the starting point and they are being told they cannot wear masks or bulky costumes, no

i spoke with police commissioner ray kelly here in new york where four men are being investigated for similar assaults. what will be your message to any kids who might want to do it from seeing these videos? >> you're going to get arrested if do you it. you stand a very good chance of being arrested. but it's always the phenomenon we have to be concerned about. >> reporter: weaver says he was playing knockout when he was shot twice by the man he was trying to punch in lansing, michigan. now weaver is in jail. >> just a lesson learned. somebody just throws out like, okay, you want this? and you go along with it and one thing leads to another and just goes downhill. >> reporter: in september in new jersey two young teenagers were killed with killing this man after police found the 46 yered wi 46-year-old. although only a handful of assaults across the country, lawmakers are looking for harsher penalties as law enforcement agencies step up patrols for those playing a dangerous and disturbing game with potentially deadly consequences. for "today," katy tur, nbc news, new york. >>> such a

according to police commissioner ray kelly, they have added - they have 6,000 surveillance cameras, and have added 1400 to really check for the blind spots. you'll have helicopters keeping an eye out for what is going on, police boats making sure the runners are safe. and, of course, because of what happened this year at the boston finish, they are adding bomb-sniffing dogs, more than 40 dogs. security will be tight. if you are heading out to the race, get yourself there a bit early. they'll have tight barricades for people to go in and out of. they are asking everyone to bring one purse size bag per person. at one point they thought about banning the passion. they couldn't do that with what people need to bring for families and themselves. >> barricades and helicopters. thank you for joining us. . >>> you can see behind me there's cloudy overcast skies. that's the story in new york city. the weather will be ideal, temperatures in the 50s. a little bit of wind. in addition to that we won't have rain to contend with. the cooler air - it's on the way here. look at the radar. winds are pus

kelly for the top security post overseeing the cybersecurity no secret the newly elected mayor will plan to replace and the january but the city's loss is kelly's gained one of the most decorated cops his revolutionized pose security city is no stranger to the financial scene having battery energy director at bear stearns which is now part of. connell: they could make some money there. watching twitter today on the first day of trading there is more of that coming up on. >> cadillac. we will talk to motor trend the design chief for generall3 motors coming up and i have a special question. get will be awkward. stay tuned. connell: now i don't like that surprise. [laughter] europeans cutting rates something we have not seen in a couple of years and sandra smith has more from the chicago mercantile exchange. keep it here. you really le, what would you do?" ♪ [ woman ] i'd be a writer. [ man ] i'd be a baker. [ woman ] i wanna be a pie maker. [ man ] i wanna be a pilot. [ woman ] i'd be an architect. what if i told you someone could pay you andhat if that person were you? ♪ when you

there were questions about whether ray kelly might have been better for that spot or the commissioner from boston might have been better for that spot. but this reveals there is which cheese throughout the agency. >> the obama administration's transition had been longer than most of its predecessors. when you compare it to the 2,000 election. then when a president himself has a focus on particular policy area the white house team naturally takes it on them to push for vacancies to get filled. so it's reasonable to conclude if there isn't a tim lahr focus on getting these positions filled by the white house the president clearly hasn't targeted this as an area of personal priority or concern. martha: mike mcauliffe says i.c.e. is not much better. john wharton resigned over the summer. and the cfo was pulled to go over to the irs. so perhaps that is the priority? >> it's clearly remarkable. you only have one of two way to go on this. the missions and functions in the dhs are not important enough or they are important and it's a dereliction of leadership to leave them vacant or filled by

new york city police commissioner ray kelly stopped short of saying they are part of the knock out game. >> when you highlight an incident or a type of criminal activity some people will simply try to copy it which is a phenomenon we've seen before. >> oh, my god. >> is that a game? [ bleep ] >> that was like real people that wasn't like -- >> no. >> reporter: the people we showed video to could hardly believe this is happening. these videos captured by surveillance cameras could just be random attacks or what is considered the knock out game or the one hitter quitter where youths randomly punch strangers with the goal of knocking them unconscious with a single blow. >> it's not a game because the person was probably injured. >> the idea to attack someone for no reason on the streets of new york city is outrageous. >> reporter: a 78-year-old grandmother. she was walking home when a young man ran up and punched her. >> she's terrified. she will not leave the front of her building. >> reporter: the violent stunts have been reported in six states and washington, d.c. at least four victims

and in denying that commissioner ray kelly was in talks with j.p. morgan about a job. discussed a possible senior role in security at the bank. that is the latest from the fox business network, giving you the power prosper. ♪ adam: democrats are feeling the heat. a dozen senators facing reelection met with the president yesterday. minting frustration over difficulties surrounding the website. joins us with more from washington. >> they met yesterday, 15 fm are defending seats in next year's midterm elections, and some are looking to difficult reelection campaign spirited democratic sources their meeting to the white house and the message fixes the problem with obamacare as polls of fallen following the messy exchange rollout and accusations the administration deceive americans telling them that they could keep their health care plans. the latest results of congressional investigations, documents : prepared health care was the day the ford was live. currently we are able to reach 1100 users before response time gets to my bcci is making changes to the configuration. t

police commissioner ray kelly says officers are prepared. >> we've done a lot of training on this, we have experience doing this. we have a sergeant assigned to each balloon. >> reporter: if the parade starts as scheduled, this will be its 89th march. if it goes on without its iconic balloons, that will be only the second time in its history it does so. this year a new version of snoopy is expected to make its debut, the seventh version of the intrepid beagle, ha is, weather permitting. 1971 was the last year that the balloons weren't allowed to fly. they will be inflated here later this afternoon come rain or shine, but whether they'll be allowed to lift our spirits in the morning, well, that's in the hands of mother nature. jeff, norah? >> don, thank you. you can watch the thanksgiving day parade tomorrow morning at 9:00, 8:00 central right here on cbs. jeff, that's usually when you pull the turkey out to get it to start thawing. >> the preview is also fun, too, for the thanksgiving day parade. they line up on the upper west side the night before which is tonight. >> that's not on t

you know police commissioner here ray kelly yesterday said we're going to be talking to the health department to see if there may be more cases than we're aware of. one of first things you forget when you were knocked out cold is what it was that knocked you out. if you're in a fight for five minutes you might remember. but if you're just walking down the street and the next thing you're on the sidewalk and you don't know how you got there, there could be cases they're not aware of. i talked to people around the country yesterday and it's just below their radar. it's only in a few cities. >> how will police combat it. >> it's a hard one because do you follow groups of kids walking down the street? it is not -- it is a difficult pattern crime to do against. >> thisern mog the fbi is investigating a hate crime involving a high school football player. racist graffiti was found scrawled on his home last week. his family believes his own teammate mace be responsibility. now they're taking extraordinary measures. elaine quijano. they're also looking into another aleveraged racist incident. so citin

the top cop commissioner ray kelly says he is ready. last week's race is cancelled because of super storm sandy. this year security is tight. obviously because of the boston bombings. 43 specially trained police dogs will be part of the massive security detail and that's not all. in addition to the cameras in our lower midtown manhattan initiative. it established mobile units and video collection teams. >> and there are all sorts of other measures that they don't talk about spectators, meantime are being asked to gather at the finish line. not to bring backpacks and things like that. opening ceremonies, most runners including this guy who ran in boston say they are not worried. >> anything can happen anywhere. you but to come back this is special. they had to cancel last year because of the hurricane. this is really something. >> that reporter is a fantastic reporter. by the way. >> he looks like you. >> he is my brother. at least 48,000 runners are expected at the it marathon this year. it kicks off bright and early tomorrow morning. v

>> reporter: well, gregg it's a victory for people of new york according to police commissioner ray kelly who calls the stop and sometimes frisk. he says the goal was to get guns off the street and save lives. he says it is working. police and mayor long argued the judge on the case was biased. that is what the appeals panel unanimously ruled. that judge shine line made public comments in opposition to it and ruled it avyings laugh 4th and 14th amendment rights for equal protection, a charge kelly denies. >> new york has never been safer. certainly as far as murders and shootings concerned. we're at record lows. we're at record low numbers of murders. something is working here. something is saving people's lives. as we said many times, the lives that are being saved, largely are lives of young men of color because that is who historically have been shot on the streets of the city. >> reporter: by the way the commissioner says at its peak each patrol officer was stopping on average less than one person per week. gregg. gregg: there is mayoral election in new york city next week. could this

. >> depending on how you look at it, that was part of either new york police commissioner ray kelly having his first amendment rights trampled on by a group of protesters at brown university last week, or a group of protesters at brown university exercising their right to free speech against the man who's the very embodiment of the new york police department's policy of stop and frisk. among those holding the former opinion is brown university president, christina paxon, who this week announced the formation of an ominously named committee on the events of october 29th. she threatened to punish all organizations involved. there is an interesting free speech conversation to be had about this. i'm less interested in than i am in two things here. one, it's part of that culture of young people saying, you know what, you, embodiment of the police, you embodiment of stop and frisk, we'll speak back against that, but the speed of the institution basically has said, we're going to punish you. where these other folks, having taken people's lives are not being punished. >> this is very import

. >> i spoke with police commissioner ray kelly here in new york where four men are being investigated for similar assaults. >> what will be your message to any kids who might want to do it from seeing these videos? >> obviously you're going to get arrested if you do it. you stand a very good chance of being arrested but it's always the phenomenonal we have to be concerned about. >> marvel weaver says he was playing knockout when he was shot twice by the man he was trying to punch. in lansing michigan. now, weaver is in jail. >> it was just a lesson learned. somebody just throws out and people go along with it and one thing leads to another and it goes downhill. >> in september in new jersey, two young teenagers were charged with killing ralph santiago after police found the 46-year-old with his neck snapped and head stuck between two fenceposts. although there are only a handful of these assaults across the country, lawmakers are looking for harsher penalties an as law enforcement agencies step up patrols for those playing a dangerous and disturbing game with potentially deadly conseq

our kay kelly has highlights. >> reporter: good morning from the deal book conference you mentioned. we just came off from hearing from ray dalio, a guy who really likes to talk academics and how the market works. he gave andrew sorkin a flavor of his recent paper he wrote, which is published on economicprinciples.org. he believes that for the next decade or so equities are going to have about a 4% return, not bad, better than cash, still not terrific, though. he also thinks given all the

commissioner ray kelly stopped short of saying they're a part of a knockout game. >> when you highlight an incident or a type of criminal activity, some people will simply run a copy. it's a phenomenon that we have seen before. >> is that a game? >> wait, that was like real people. it wasn't cgi? >> no. >> the people we showed video could hardly believe this is happening. these videos captured by under surveillance cameras could just be random attacks or the knockout game or one-hitter quitter, youths punch strangers with the goal of knocking them unconscious with a single blow. >> it's not a game. the person probably was really injured. >> the idea they attacked someone for no reason on the streets of new york city is something that's outrageous. >> one of the latest victims, a 78-year-old grandmother. her daughter says she was walking home when a young man ran up and punched her. >> she is terrified. she will not now leave the front of her building. >> reporter: they have been reported in six states and washington, d.c. at least four victims have died, including this viet namese man i

kelly. the police commissioner here in new york city. >> why did he call it polar bear hunting? >> allegedly they're targeting people, bears, who happen to be the color white. >> so there is a racial component? >> let me say this? >> there may be? >> the victims appear to have been all white and the assailants appear to have been all black. and so the main stream media has not been discussing this at all. greta van susteren took it on a couple of nights ago and there have been five deaths since 2011. we've seen this in 14 different states, plus washington, d.c this is a sucker punch gone wild in which people fall to the ground and very often strike their head and die as a result of it with one punch to the back of the head or to the jaw. usually gangs of kids who do this as a thrill event and, unfortunately, very often a thrill kill. >> and the object is to do it in one hit, get the person down with one hit and they're not just targeting men. i read there was a woman somewhere riding a bike.

. >> where is ray kelly going next? >> we're going to talk about it next with that woman right there. governor sarah palin. ♪ ♪ >> anna kooiman has been chosen honorary duck master. >> national teddy bear day. >> that's right. so excited. marching scarlet knights of rutgers university performing live. ♪ ♪ >> you had the bieber before the bieber. >> you look so sally jesse rafael there. >> a bird, a plane, the lone ranger. >> i bought it for halloween. >> we were supposed to have a picture that shows your eyes whether they're sparkling and what do they do? they put up a picture of brian with a mask. >> i'm five years old. >> i need to see that picture at least once a week. >> they put it on the website too. >> good week. >> good week for your book signing. "new york times" bestseller. >> a great one for the doocy dynasty. >> remember you miss a little, you miss a lot. >> right. we also found out women are catty. >> since the president took office, hundreds of our top military leaders have left their posts. why? a

. >> interesting that ray kelly, the new york police commissioner was saying they were going to have one police officer per balloon to be able to make sure that -- there are 16 balloons in the parade to make sure they're all covered and have control assuming they get to be hoisted. >> let's hope they fly low. a couple of airlines are stepping up, delta, u.s. airlines, jet blue have to fly through the region. >> might want to check the fine print. >> the big problem is all the airlines are flying if not 100% full, pretty close to it. so trying to get on flight is really going to be an issue. it's interesting. >> we'll have some of the maps coming up later. we'll stay on this for you. a lot of people are traveling today and tomorrow. we'll be on it for you. >>> yesterday, the president of the united states was making a speech in san francisco. he was confronted by a heckler. san francisco, usually friendly territory for the democratic president had an audience he thought of supporters. >> there's an immigration speech. >> that's right. >> there was a man in the audience that had an out

barbara ray, anna guiterrez, henry austindorf. >> hello there, my name is hennie kelly and i am a member of senior disability action and the california alliance for retired americans. what some of you have said and especially thank you to my supervisor, eric mar, for talking about seniors in our neighborhoods. the evictions are hitting seniors very hard. they don't have the reserves, they don't have the jobs, they don't have the money to be able to move if they are evicted. this is a very difficult thing. and when norman yee, supervisor yee, asked, where does this all come from, it makes me think of caberet, money money money money makes the world go around. this city is not a place where middle class people can live. this city is not a place where families can live. when we talk about beautiful schools in the richmond district, there's nothing sadder than schools without children. there's nothing sadder than neighborhoods without children. and you, david campos, when you talked about fighting for the soul of the city, that is exactly what we are doing here. we need places where families

barbara ray, anna guiterrez, henry austindorf. >> hello there, my name is hennie kelly and i am a member of senior disability action and the california alliance for retired americans. what some of you have said and especially thank you to my supervisor, eric mar, for talking about seniors in our neighborhoods. the evictions are hitting seniors very hard. they don't have the reserves, they don't have the jobs, they don't have the money to be able to move if they are evicted. this is a very difficult thing. and

kate kelly is on the ground there. joining us now with some of the highlights. good morning, kate. >> good morning, kelly. how are you? just a quick mention, i want to make, of dan loeb who just came off the stage moments ago. he said he likes fedex and we're seeing intraday highs based on that commentary. he also said he had recently gotten together with ceo fred smith. so kind of an interesting surprise disclosure there. but back to ray dalio, some fascinating thoughts from the equities market and the market overall, what the fed is likely to do. he said for the next 10 years or so, he expects equities to have 4% returns. he thinks it will be tough for the fed to raise interest rates in this environment. and he also said, for individual investors in particularly, it will be a rough road. let's take a listen. >> i think that going forward, most investors are not going to be able to produce alpha. alpha's a zero sum. you know, we have 1,500 people who work there with computers, doing all sorts of work. and it's the pros against that. so that alpha is a very diff