i was on a tour for the black rock arts foundation. we went to various studios around the area where artwork was getting ready for la playa. all of the big ones involving armies of people with the various skills. it takes her attacker, a traditional art, overlapping fields of knowledge -- takes tech, traditional art, overlapping fields of knowledge. even people who were not elected to do something here, they joined other people on their project. those of you who are familiar with the world of commercial art, you must know how deeply weird that is. in order to make it any agent -- anyone will tell you at a gallery, the way to make money as an artist is to put your brand on it and make it unique. then it gives it a higher commodity value. the last thing you do is open the collaborate with other people. the theory is to increase the market value.

started black girls rock, you know? i was inspired by all the women who just appreciated that i represented women well as a deejay, you know, a male-dominated field. all my support was from women. so i was just like, you know, this is something that, it's not to say that other girls don't rock, but there are so many beautiful, wonderful, empowered black women who are doing so many things, on so many levels, and i just felt like that needed to be celebrated and said and stated. >> stick with us. we're going to talk more about this and particularly, about one of my favorite rocking black girls, which is queen latifa, when we come back. but i mentioned earlier i'm teaching a course on hip hop and feminism this semester, we're reading joan's book, of course. and as an extension of that class, my conference is hosting a mini conference next month in new orleans. you can get more information about the conference at cooperproject.org and joan is giving the keynote. up next, a message from the queen. my asthma's under control.

creditors which included major players like black rock black rock pimco and the ontario teachers fun now batiste shipping company s x is said to be on the ropes as well not a good day for battista and meanwhile brazil's version of the f.c.c. known as the c b m is looking into violations of disclosure rules as well tough to be battista well there you have it those are some of the top stories making headlines this thursday october thirty first happy always by the way. now as we mentioned the spectacular empire building fail left bondholders looking at a tremendous financial loss losses which included a five hundred million dollars stake invested by the ontario teachers' pension fund one of the larger pension funds around now controversy surrounding pension fund investment allocation and alleged mismanagement has been a divisive topic lately and i had the pleasure of sitting down with matt rolling stone contributing editor to discuss this very issue i started by asking him if avoiding alternative investment platforms all together may be the best move for pension funds. i just think that

black rock solor, which came out of burning man in gerlach. the school is closing down because they do not have any kids. the economy has been based on mining. there are some tourists that come through. hunters. some of our people come through and leave money in their wake. a little town like that does not know how to make money. but they have learned in certain ways. we have made significant charitable contributions. i do not want to great -- take much credit for this, but we are helping to keep them alive. the thing about our event, we do not do commercial things at the event. it spreads out the economic development to our neighbors. the piutes down the road are now doing in the in taco stands now and we know them. there was the day when we were considered scary, coming from san francisco, you know. it is much easier to break into a big city. but we are well accepted and respected because we talk straight with everyone and we have benefited everyone. >> one more question and then one final question for you. >> something my friends have talke

i retired from a firm called black rock in new york where we over say 25 now properties. when i retired i had lunch with a former colleague phil. he suggested the appeal boards. i have enjoyed being on that and have awe cemented all the revenue and tax code and the assessment manual. and, in fact, i can help others understand the maudlin. i've worked with don our city attorney and assessor and now chu and their staffs. kwoild i was what a supervisor last night and will be happy to respond to any questions >> any questions. thank you very much >> how many years have you served. 2, 3 year terms >> and till when you serve on that that i have a few more questions. that's fine >> so maybe you can illustrate or walk me through some of the accomplishments you were able to make in the last 6 years. >> i retired in 07 at the height of the real estate market and, of course, my initial term and part of my second term was seeing the decline in the real estate market. i've had the opportunity to see every type of declining in property. i think in my background i understand the commerc

one of the things that struck me is larry sk from black rock sang heasn't been as foolish in the pas that's not the fal word. she's saying thos aren't happening, but again, things to watch. if things look a little heated i would say investors need to be careful. >> thank you smuch. great to see y both. up ne, thepresident proposes obama care fix. what is e deal abo keeping your insurance mean çó barack obama the politician. the authors of the 2012 history campaign, double down wi join me. > if you haven't booked yet, you ght be surprised to find fewereals than last year. don't worry, we ve a few tips help you save. take a look at howhe stock market ended the week. back in a moment. [ male annncer ] step one, prepare for trmph. step two, baconated chse for awesome. step thre get ready to wow. step four... mmmmm. ♪ [ male announc ] pillsby crescents. make the holays pop. he loves me. he loveme not. he loves me. loves me not. ♪ he loves me! that's right. [ mom ]arm and flaky in 15, everye loves pillsbury grands! [ girl ] make dinner p! >>> i thinit's legitimate for them to expect

one of the thingshat struck me is larry sin from black rock saying he hn't been as foolish in the past. that's not the final word. she' saying those aren't happening, but again, things to watch. if things look a little heated i would say invesrs need to be careful. >> thank you so much. great to see you both. up next, the president proposes anbama care fix. what is the deal about keeping your insurance mean toçó barack obama the potician. the authors of the 2012istory campaign, doubleown will join me. >>if you hen't booked yet, you mit be surprised to find fewer deals than last year. don't worry, we have a few tips toelp you save. take a look at how t stock market ended the week. back in a moment. >>i think it's legitate for them to expect me to have win back some credibilityon this heth careÑi law in particular and on a whole range of these issues in genera that's on me. >> the president this week saying thathe buck stops with him on the problems of the obama carroll t. my next two guesnow better than anyone. what happens when the presre is on at the white house. mark halperin and

that from the treasury, but brian, your group and many in the asset management business from black rock to fidelity to pimco say that the study on which these potential new rules is based is brutally flawed. why is it so bad? >> well, i think the big problem here is that fundamentally, it sort of ignores sort of how the capital markets and mutual funds and epf operate in those markets. if there is a big chasm between the capital markets and mutual funds and banks on the other side, and this study just completely tries to paper over that chasm and not really focuses in on the unique features of capital markets and could really -- at the end of the day just turn the capital markets and mutual funds on their heads. >> well, you know, brian, the investors have been happy that in the aftermath of the financial crisis that there were new safeguards put in for banking, the same for insurance companies. and here you have the mutual fund industry. it is a $53 trillion industry with a lot of players. why not this industry, too? >> well, i think the statistic that you cite there is one that comes

of my favorite rocking black girls, which is queen latifa, when we come back. but i mentioned earlier i'm teaching a course on hip hop and feminism this semester, we're reading joan's book, of course. and as an extension of that class, my conference is hosting a mini conference next month in new orleans. you can get more information about the conference at cooperproject.org and joan is giving the keynote. up next, a message from the queen. my asthma's under control. i get out a lot... except when it's too cold. like the last three weekends. asthma doesn't affect my job... you missed the meeting again last week! it doesn't affect my family. your coughing woke me up again. i wish you'd take me to the park. i don't use my rescue inhaler a lot... depends on what you mean by a lot. coping with asthma isn't controlling it. test your level of control at asthma.com, then talk to your doctor.

so first let me introduce larry fink, chairman and ceo of black rock. larry has been a great partner to the administration. we have benefited greatly from his global advice about the economy. he obviously is the largest asset manager in the world and his council and advice have been important over the last five years to the president and his economic team. in fact, larry convened a group of very large global investors several months ago and that was the fruits in the beginning of our decisions to have this large conference today. so larry, thank you for your leadership and for being here. please join me in welcoming larry. next, i would like to introduce andrew livers chair and ceo of dow chemical. he spends a lot of time in washington. he is running a fabulous company, but we see him almost every week. he is the kind of ceo who rolls up his sleeves and is not shy giving advice. he was recently appointed co-chair of the president's advance manufacturing partnership. a very, very important player and someone whose advice and council we appreciate. join m

remember ozzy osborne and the infamous rock and roll band black sabbath? [ rock noises ] well, this is their old tour bus. in fact, this kind of was the groupie love shack; now it's the honeymoon suite. oops. sorry about that. there's 15 bunk beds inside, a little kitchenette. it's nice, it's laidback. best way to go. hello. >> hi. ♪ >> the black sabbath tour bus drives all over the highlands, on trips that last between two and six days. it's a unique way to see the country. anything that you would recommend people bring with them when they come? >> warm clothing. >> warm clothing. it rains quite a bit. >> i enjoyed the

remember ozzy osborne and the infamous rock and roll band black sabbath? [ rock noises ] well, this is their old tour bus. in fact, this kind of was the groupie love shack; now it's the honeymoon suite. oops. sorry about that. there's 15 bunk beds inside, a little kitchenette. it's nice, it's laidback. best way to go. hello. >> hi. ♪ >> the black sabbath tour bus drives all over the highlands, on trips that last between two and six days. it's a unique way to see the country. anything that you would recommend people bring with them when they come? >> warm clothing. >> warm clothing. it rains quite a bit. >> i enjoyed the haggis, especially from the fish and chip shop. it's wicked. >> haggis from the fish and chip shop? >> yeah. deep-fried. >> deep-fried haggis. >> anything specific that you would say you can't leave scotland without? >> loch ness. >> loch ness? >> loch ness. yes. >> what's your theory? give me. have you seen it? >> i haven't seen it, and i'm skeptical. >> the bus visits historic sites, like the battlefield of culloden. the last battle eve

some of the most respected and smartest names and business including black rock from a terry duffy. that is all day tomorrow live from naples, florida. ♪ hi honey, did you get e toaster cozy? yep. got all the cozies. [ grandma ] with n fedex one rate, i could ll a box and ship r one flat rate. so i kn untilt was full. you'd be crazy not to. is tt nana? [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. and this park is the inside of your body. see the special psyllium fiber in metamucil actually gels. and that gelling helps to lower some cholesterol. metamucil. 3 amazing benefits in 1 super fiber. became big business overnight? ♪ like, really big... then expanded? ♪ or their new product tanked? ♪ or not? what if they embrace new technology instead? ♪ imagine a company's future with the future of trading. company profile. a research tool on thinkorswim. from td ameritrade. lori: 90 seconds away from the closing bell. we saw the dow jones industrial average hit the milestone, 16,000 mark today. but it has since evaporated from that l

asset management firms black rock and lazard capital said to be showing interest in investing in twitter. how much they want to invest would change. we're hearing waddell and reid is putting in a large order. that's the latest, back to you. >> thank you very much for that, seema moody. >> still ahead a whopper of a story. what burger king is now doing that could be its most axwressive swipe at mcdonald's yet. >> why high-end real estate investors may be soon saying so long, see ya, to manhattan. it's as simple as this. at bny mellon, our business is investments. managing them, moving them, making them work. we oversee 20% of the world's financial assets. and that gives us scale and insight no one else has. investment management combined with investment servicing. bringing the power of investments to people's lives. invested in the world. bny mellon. >>> yeah, the big graphic says it best. dow all-time high, 15,738. folks at home, we are up 120 points on the dow. the leader by almost double is microsoft. microsoft is now up 4% to $38.13 a share. i'm trying to remember back, any smart view

the big banks have been deemed too big to fail but are asset managers like black rock and fidelity too big to fail? a big controversy in washington right now. what are the details some. >> one of the most heated debates stems from the f sock a consortium of regulators that meets about once a month with representatives from big agencies like the fed, treasury, the cfpb, s.e.c., we could keep going but about two weeks ago the group discussed whether asset managers should be deemed too big to fail, my sources say blackrock and fidelity. this designation called systemically important and requires steep capital levels and tight regulation. companies are fighting it. two dozen plus letters responding to a controversial october report from the office of financial research saying reaching for yield and hurting into asset classes put these companies at risk in volatile times. several trade organizations say the study ignores the way asset management works, others like invesco says history shows these firms don't play a role in financial crises. losses to the client not taxpayer. regulate them a

friday. >> rock royalty meets real royalty. that is musician john bon jovi singing "lyin' on a prayer." he had help last night from take swift and the duke of cambridge, prince william, part of an event held at the palace in london to benefit the homeless. >> thanks for join us. happ a man who doesn't stand still. atrial fibrilljim has afib, atrial fibrillation -- an irregular heartbeat, not caused by a heart valve problem. that puts jim at a greater risk of stroke. for years, jim's medicine tied him to a monthly trip to the clinic to get his blood tested. but now, with once-a-day xarelto®, jim's on the move. jim's doctor recommended xarelto®. like warfarin, xarelto® is proven effective to reduce afib-related stroke risk. but xarelto® is the first and only once-a-day prescription blood thinner for patients with afib not caused by a heart valve problem. that doesn't require routine blood monitoring. so jim's not tied to that monitoring routine. [ gps ] proceed to the designated route. not today. [ male announcer ] for patien

he didn't go to black rock or o to, you know, i think this makes sense for him. i think it's enough under the radar in the sense it's not a huge controversy. i don't think he's gunning for another job. i've always wondered about the job he would take that would allow him to come back into the public sector. >> and you think this allows it. >> in this world today, which is very different than the world five years ago, the back and forth between the wall street and government is a lot more limited than it used to be. and i think there's some possibility for pincus to return. >> i think i agree with that. >> there used to be an insurance company called the quiet company. >> the thing is pincus will not be quiet any longer. >> it's a quiet business, though, isn't it? >> the focus on it will change. >> why? >> there's probably three or four decent stories written in the past five years about the firm. now that he runs the place -- >> you think it'll be more covered. that doesn't mean it'll be louder. >> but by -- >> he's not running it. there's two co-ceos. he's the p

russ cost rich is the chief investment strategist with black rock, and he joins us. what are you taking away there wages right think? right now? your job is to look at the markets and try to predict what they're going to do next. you look at the wage data, and you see what? >> well, there are a couple things, connell. i think the first of which, which really helps explain why this recovery's been very disappointing, we know that household spending has been well below trend, and one of the main reasons that household spending's been so weak is that income growth has been so weak. if you look at real inflation-adjusted wages over the last three or four years, they're running in only about half of the long-term average. and the fact that take home pay is growing slowly particularly after accounting for inflation is one reason spending's been so weak. and this is important from another perspective as well. we know that the fed is going to take a more nuanced you of the labor market. and to some extent some of these secondary statistics like wage gains or the participatio

first black rock peter hayes will join us in explaining why a possible downgrade for burger rico bonds may come sooner than june 30th which fitch has warned about. the ripple effects for your portfolio are next. you really love, 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 and what if that person were you? ♪ when you think about it, isn't that what retirement should be, paying ourselves to do what we love? ♪ ♪ ashley: a new warning. fitch threatening to downgrade the u.s. territories debt to junk status by june. our next guest says the move could come sooner. joining us now is peter hayes, head of the municipal-bond group we appreciate your being here to talk about what is going on and what it means to all of our portfolios, but we have already see investors pullout of porter rican debt dramatically. >> that's right. there was an article over the summer that opened people's eyes to adjust how dramatic the problem was w

peter hayes, the managing director and head of black rock municipal bond group which oversees more than $100 billion in municipal assets w to tell you what it means for your investments. lori: can anything stop these markets? lets get things started with the trip down to the new york stock exchange. another day. >> another day, another record nine. but it is music to your years. you would not mind hearing a broken record the said he made more money today than yesterday. new highs. getting closer and closer. chatting with someone who was looking at nasdaq 4,000. nasdaq 5,000. we're getting closer. we are back to those levels. set record highs let's take a look. moving to new highs

liz of black rock thing we are in bubble territory. he has a note out there saying it is getting frothy, man. they are seeing massive fund inflows into the stock i have not seen since the year 2000. that is now the debate, are we in double territory? is the market making a screeching u-turn? we know investors are doubling down on cheap money coming into the markets but when you look at the p/e multiple come it looks like the year 2007 and not 1999. it is trading at around 16 times earnings versus 32 back in 1999. we know the third-quarter profits are coming in weeks, not as strong as expected and the revenues are coming in even worse. basically what we're seeing is the company's are cutting costs and buying back stock's but investors are doubling down, you cannot have a selloff without all of the cash chasing the assets in the stock market. i'm going to send it back to you guys. dagen: quickly, stuart brought this up briefly, talk about is there a bigger bubble and treasuries in the bond market? if that one purse, with that automatical

duo the black kees what are you doing here. >> stephen, a smooth prostate the size of a walnut that's music to our ears. >> stephen: thank you all for coming. but due to the limited capacities of my colon, i can't fit you all in there i'm going to have to make a choice. and tonight's highly dramatic latex glove ceremony. (laughter) i want to thank all of you for going on this journey with me. but only one will be awarded this latex glove which say symbol of trust and also the actual glove you will use when you check my bum fruit for freshness. so make your final pitch, john lithgow. >> stephen, as star of harrie and the hendersons, i've stood face-to-face with a sasquatch. so whatever you've got going on down there won't frighten me. (laughter) >> stephen: katie couric. >> well, stephen, as you might recall, i made tv history when hi my on-air colonoscopy on the "today show" back in 2000? well, my experience and commitments are unparalleled, plus i just got a manicure. which combines the words man and cure. >> stephen: that's a powerful argument. black keys,. >> stephen, tonight i wan

the all blacks or ease me into williams where he will replace it but it's way to drive the cost them although not though. i agreed to pay gst on two weeks' time for our review team has always been a lot for me and was a childhood dream to come to race for ferrari. it's very emotional to spend this day he with ferrari until the people that i've worked with the science man of the eye to those discussed in the semi nude in two weeks days. during his time if there are a max of one eleven grump reuse and suffered a serious eye injury but returned to the great. in new moon was wrong. we will leave one. beyond that. i know tonight that we always have read it today. teaching. do i i i. the am. each the other is you. he is. chew scientists take what's left of the city survive as of friday's powerful typhoon which ravaged the central phippines are desperate to be evacuated to talk about airports. this idiot is to build the brunt of time to dhoni and that once rescue workers reached a more remote coast of it it is tariff is the estimated death toll of ten thousand will rise sharply. meanwhile m

. >>> many stores are offering rock bottom prices before black friday. if you're hesitant to shop because prices will go even lower, one major retailer is offering a price match on items you've already purchased. i will explain that in the next hour. >> that's the kind of shopping i'm talking about. thank you, linda. >> his death shocked an entire community. now, 10 months after a man with down's died in police custody, there is a new >> all right. we're back at 4:39 on your friday morning and tame to get a check of that all morning weekend forecast. >> 40s feel so much better this morning, jacqui. >> really enjoy this because this is the last we will see of a mild day for a while. let's get you into it and show you the satellite and radar picture amount couple of sprinkles are possible but showers will come in late today and into the overnight hours. this is a very powerful cold front, the leading edge of arctic air which will build in here and bring huge changes. look at the temperature stretch. 42 in d.c. 23 in minneapolis. 26 in kansas city, so we're

the japanese coast guard reported seeing thick black smoke and rocks spewing from the volcano. the new island is about 200 meters in diameter. it is the newest in a chain of islands running along the seismically active ring of fire. there is no guarantee it will stay there. in the past, islands formed like this have been known to disappear as soon as they saw daylight. the new handled is about 1,000 kilometers south of tokyo. erin? >> thanks very much. >>> i want to check in with anderson with a look at what's coming up. >> that's cool. a new island. was it accident or murder? with 36 surveillance cameras around a high school in georgia where their son was found dead inside a rolled up gym mat, the parents have been trying to get that question answered. they believe it was murder. does the surveillance tape provide answers? in our two-part investigationering with asked an exfbi instructor to go over the hours and hours of tape. he will tell you what he found. also ahead, the story behind these images. jackie kennedy in the pink suit with the that i will box hat. you know what h

want to hit the rock, i don't want to hit the rock. >> don't say black, don't say black, don't say black. >> maybe we are not giving her enough credit. >> she was knowledgeable? >> she was knowledgeable on the history of under ground zombie filming. it is true. there are zombie films based on haiti. the haiti folk lore. >> and the movie where he said "i ain't no zombie." >> the only zombie that girl saw was "warm bodies" where it is a white zombie and it is a love story. that's the only zombie movie she sees. >> you are actually in the kkk, so you are an expert on race -- racism. was she thinking about gangrene? would zombies have gangrene? >> no i will go with racist and that is an acceptable and she should be ashamed. and that's obviously from a kkk member. >> honest mistake? >> it probably is what you guys think. maybe she was knowledgeable, but that would never be the first thing. dead? nobody's first thought was dead? they walk slowly? >> b, b, b, black. >> racist woman. i say racist. >> so we have two racists. joe, here is my other theory is that maybe it was a come -- compliment.

. >>> and black girls rock founder beverly bond is going to be here. i cannot wait. it's time for a preview of weekends with alex witt. >> still trying to have that runner's high. have you ever had one? >> once. i've done a couple half marathons, and you get it around the 10. i don't know how they go to 26. >> i had it once about three miles. it's been elusive ever since. good on those guys. here we go to the news. with the food stamp livecally, it's here. what does it mean to 47 million americans? the victims will leave you shaking your head. plus the startling testimony on capitol hill. a child afraid of a blue sky. >>> also, shopping for two major department stores accused of racial profiling and the status report on obama care signups. are we better or worse off than we thought in the don't go anywhere. i'll be right back. the "fumblind with rotating categories" card. it's not the "getting blindsided by limits" card. it's the no-game-playing, no-earning-limit-having, deep-bomb-throwing, give-me-the-ball-and-i'll-take- it-to-the-house, cash back card. this is the

. >>> inside, robin roberts rocking a sexy black jumpsuit, getting a standing o. >>> it is a privilege to present the biggest honor on country music's biggest night. >> host brad paisley and carrie underwood ripping miley >> i want to thank you from a grateful industry for never once humping a teddy bear or gyrating with you beetlejuice. >> and spoofing "blurred lines" with the "duck dynasty" clan. ♪ jennifer nettles stepping in for dolly parton on "islands in the stream." ♪ >> as kenny rogers gets his own star-studded tribute. >> like a boomerang, you could throw me ay, you can bet i'm coming back. >> all the stars, exclusive images from the cmas up on our instagram page at extra tv. coming up, our top five fashion countdown. >>> well she comes from loyal wood royalty but she is building her own legacy with her ever-expanding family. please welcome torspelling. [ applause ] this mother of four under fire for her new hot-button tell all "spelling it like it is." >> i feel like lately, a lot of one-liners being told. a lot of salacious headlines. >> torre coming straight to extra to

. >> a market check here, you can see the dow up 50 points and it's rocking. it's not unusual for a black friday session to be on the upside and we have big time momentum and now let's take a look at the morning gold report. obviously it's a different story which is interesting, if the fed is pumping the market, how come it hasn't pumped gold. it's up today 1251. and crowd oil maybe found the bottom north of 90, 92.94. the mobs the pepper spray, the arrests, but with more people shopping on-line, does black friday matter anymore. and joining the company now, the black friday hype, listen, it's fun and exciting and you know, the on-line stories seems to be the ones capturing the headlines this morning. i think that on-line is going to be superb this year. i don't know if we can call it black friday anymore it starts on thursday. kmart around 6:00. i went to gamestop to try to get a playstation 4 on wednesday and told me they're not there until friday and i said, that means they're there right now. charles: did you grease any palms? >> i tried. charles: here is

and it's dangerous working down in the mines because you start boring those rocks and pieces of rocks start falling on your head. you can die any minute there because black men get killed in the mines. and you don't want to die? i don't want to die. are you married, sizwe? yes. children? i've got four children. boys? girls? three boys and one girl. i'm married too, my brother. you've got children? one. only one? yeah, my wife attends this birth control rubbish clinic. you know what, sizwe? if i were to tell you the troubles they gave me before they could put the right stamp in my book, born in this town, the troubles they gave me before i could get a job to stay alive, born in this area, the hell i went through before they could give me this two-roomed house, born in this country. jesus christ, you'll start screaming the whole bloody night. why is there so much trouble, mr. buntu? last saturday, i went to a funeral of an old man just on the other side of port alfred in those small farms. you know the way it is with us men. when an old man dies, there is always that service at home, an

cars along alum rock avenue. the chp say arrested one person for dui. >>> happening now -- a powerful storm is pounding the east coast. just a few hours ago, the national weather service officially categorized the storm a nor'easter. you are looking at buffalo, new york, one of the hardest-hit areas. it could receive up to 8 inches of snow by tonight. i used to go to school in the area. a lot of the chill from the great lake will dump snow on buffalo. there are whiteout conditions in parts of the eastern united states. snow has fallen on several states, including new york, ohio and pennsylvania. pittsburgh is expecting to receive 6 to 8 inches but wind may be the real threat. gusts could be howling up to 55 miles an hour today in new york. that could possibly threaten tomorrow's macy's thanksgiving day parade. >>> today is one of the busiest days of the year at airport, including sfo. this is a live picture from the airport. you can see a plane there moving along the runway. officials are warning travelers and pe