in the context of the sec, the sec has made significant progress in embedding economic analysis early on in rule makings. for us it's never a case of more versus less regulation. it's right versus wrong. it's how do you make sure that you understand the consequences so that you actually can match the cure with the identified disease. but there's no checks and balances, no similar process within the fsoc. would that be a first? that's something the fsoc and secretary of the treasury to do unilaterally tomorrow morning, wouldn't require congressional action. >> no, that's absolutely right. so in your first point, the sec has made tremendous strides in improving the economic analysis. during my first tour of the commission, the economic analysis was sort of done what is called a backhanded rulemaking but it was effectively a justification for a decision that was already made. basically let's count up the number of people in terms of compliance and then multiply the number of hours times whatever the rate table to list and that was sort of the end of it. you use the word embedded which i

he is one of the newest members of the sec. he spoke for about 25 minutes. >> good morning, ladies and gentlemen. welcome to the chamber. i am president for the capital markets. i am pleased to see so many of you here today. particularly so many above board. this is an important topic and an important speaker. i immediately want to turn it over to chris donahue. federated is a $350 million manager of assets in pittsburgh. anyone who has met chris knows that he is the classic american that started,idea in fact, probably stepping on at least one of your lines, but started i think the family was looking at things ranging from dairy queen to financial services. fortunately for our country, they chose financial services. one of the things we have embedded within our mission statement is the role of providing financial services to fuel the american economy has never been more important. we hope that subsequent efforts with families making decisions to build will choose greater businesses around financial services. i will only say thr

well, she was in a strong position as the chair of the sec. in my humble opinion, i think mary schapiro was appointed by wall street to be the sec, that this -- and so that she, she was as much a representative of wall street as she was the investing public. and when you look at the track record between the actions, i think mary to a large extent was hamstrung by the people at treasury and by the people at the federal reserve. the idea of first do no harm. well, the fact is this was a lot of harm done in not properly adjudicating cases, and that just has this longstanding impact in terms of eroding trust and confidence. and the fact that i think large parts of our country right now would say it certainly looks and feels like a double standard to me. and if justice is misdirected, then justice is ultimately denied. so with all due respect to ms. happen row, you know what? -- shapiro, you know what? i think she would get a failing grade. yes. danielle? >> great to see you in person. and as you know, one of the issues that we're also very concern

the sec did make allowances for other services. everything that you transmit , you can have a separate channel for things like that. that is something that the fcc rules already allowed even though it is not critical or how they would work. >> i think the transparency rules are important. isp that hasitish the highest customer subsection ratings in all of britain. satisfaction ratings in all of britain. they appeal to a certain kind of customer. you can'ty nights, predict exactly what the traffic will be. but they view a good idea. they cater to -- they give it to online gamers. they are appealing to a very small set of the overall world. question wetriguing face. the old telephone world was a one-size-fits-all regulatory world. everyone gets it. you can't change or enhance it. even if people need different things. example is, we should see a full of ration of a proliferation of business models like the amazon kindle. said, we want to pay that. we want to make it easy for you to receive the content. they have changed a number of ti

verizon challenge those roles and the judge said that the sec overreach. the court sent them back to the commission saying that the sec used the wrong legal framework will stop it is a blow to the sec, and to the long list of web companies who now face the fact that internet content will slow down unless they pay up. tom wheeler says the agency will continue -- consider all of the legal actions, including the possibility of appeal. >> thank you, peter cook. we will have more on the panel that begins in about half an hours time. -- in about half an hour. paying upwards of $3 billion for nest. it is about a connected home. reporter for bloomberg news is with me now. ari, this is a big change that google is putting forward. we can see our thermostats remotely, carbon measurement, all kinds of things. why is this so important to google? >> think about it more broadly. google's business has been about internet search and advertising. that is where the revenue has, -- come from since the creation of the company. that business is growing -- slowing and part of th

will the sec be able to mandate that kind of change? >> i think it's crucial to make sure all of the communication technology at our disposal are put to good use. i went to a rule town in alaska, very remote. some places they don't have cellar service or even wire line service, and an am broadcaster may be the best person to reach. >> well, we'll see what happens. and we'll ask you to followup with us and tell us what you were able to do. thanks for being here. >> thanks for having me. >> after the break. new woes for wal-mart, why even the federal go believes the world's largest retailer went too far in cracking down on its workers. ♪ >>> now a snapshot of the stories making headlines on "america tonight." al-qaeda forces in iraq are spreading messages in fallujah. handing out pamphlets urging residences to take up arms against rebel forces. >>> a north texas man who paid $350,000 for a permit to shoot an endangered black rhino now says he is getting death threats. >>> the new jersey state assembly votes to continue investigation int

we have an sec attorney. she is joined by her good friend charlie gasparino who is here in the studio. first, what do you think, elizabeth? >> i should say, by way of disclaimer, former sec attorney. i think there is almost a 90% chance that this man will split mathew martoma. everybody is on pins and needles regarding his sentencing. he could face over 20 years in prison. easily. that is a long time for a family man. connell: are you flipping, charlie? charlie: i think it is 5050. if you know something about the culture of the capital, he may not have the direct evidence needed to convict somebody of insider trading. basically proving that: knew that he "misappropriated" or stole. he had an expert working on the deal. he misappropriated it. steve cohen what have to know that he misappropriated that information. >> it does not have to be a smoking gun on that. charlie: actually, it does for a criminal case. >> no. that is not true. charlie: let me just make the point. it walks like a duck, talks like a duck,

overig four refuse to hand documents to the sec when the sec asked to do and in-depth robe. classifies it at state secret and says it is up to beijing and washington to handle this issue. the sec has imposed a six-month ban were the four firms are actively looking to appeal. it is not going to be disruptive to the 2013 books. 2014 could be a different story. it can mean new auditors. the trade in the u.s. you must have an auditor. your financial statement has to be audited. it has to be looked at and scrutinize. companies may need to secure a new auditor if they want to list. if you're not able to do that, the shares of the stocks could face a suspension. these are the stocks that trade in the u.s.. if you take a look at the top 55 chinese companies that are listed in the u.s., the index is off by about 1.7%. when the news came that you saw a little bit in terms of price. it really could slow down the momentum you have been seeing since mid july when he had seen this uptick in the way they have performed in the u.s.. mainly u.s. investors have felt a lot more confident about

the sec is saying because the woman out the bond market, so how do i go about rebalancing? fortunately, your show about alternative investment helps to answer that question. the we have the graph on screen and you see several options that give you income without exposure to interest rate risks. longshore -- a lot of people are going credit long short and don't forget about tips. choices, fewse don't want to be in stocks or bonds, there are some choices. how do these themes and alternative choices factor in two decisions you make in technology? rex i think from a technology standpoint, it doesn't make a big difference. most tech companies have raised money during the recent time in the bond markets and generate a lot of cash. they are not typically looking to raise money on a frequent basis, but one thing i would like to add to the discussion as i remember during the 2008 there wererisis, times when there was extreme illiquidity in money market funds. investors were looking to get out and it created severe rapid changes in prices. a lot of people think i own a bond fund, if

by an sec attorney. it was like, wait a second? how does that work when the attorney was clearly trying to incur favor with the general counsel's office at jpmorgan. and so the second thing that i would propose, a five years ago it was deemed incompetent. said i was graded by self corruption. a self-regulatory model just doesn't work. the idea of goldman sachs and jpmorgan or others can pay regulators so the regulator will aggressively regulate them, that just -- i mean, come on. when you look at the statistics. for the revenue that is generated in the industry and the fines that they impose it is one 10th of their topline revenue. if you have an industry there's a reason why you want to be regulated. but that doesn't help to generate confidence in the system. i think the self-regulatory model doesn't work. what we should have, personally i would like to see a federal financial regulatory review board. and i think of cities around the country where you have police abuse. it happens. and so what happens in a lot of these cities as t

hold on one sec. [ malennouncer ] ...you'd expect us to have [ shirle] he's right he. a highlykilled call center. kevin, neill holley's on line one. ok, great. [ male announcer ] and we do. it's how edward jones makes sense of investing. ♪ where does the united states get most of its energy? is it africa? the middle east? anada? or the u.s.? the answer is... the u.s. ♪ st of america's energy comes from right here at home. take the energy quiz. energy lives here. there's nothing like being your own boss! and d my customers are really liking your flat rate shipping. fedex one rate. really makes my life easier. maybe a promotion is in order. good news. i got a new title. and a raise? management couldn't make that happen. [ male announcer ]aise? introducing fedex one rate. simple, flat rate shipping with the reliability of fedex. tracy: 90 minutes till the clothes. take a look get your dow 30. we more green and red. a few losers today. my son has not purchased sneakers yet this week. billing and the other hand, down, and the red after maintenance workers discovered smo

> matthew schwartz >> the sec former interim acting chairwoman was very proud of her competence with reforming interstate prison rates. this was her crowning achievement. it was ceremony when this was finally passed, and this reduced prison rates in some cases to 10 or $.20 a minute. that has been challenged. they say the fcc did not have authority to do that. they say the fcc has mandated rate regulation, which was not contemplated in the notice of proposed rulemaking. this is what happens when you have a chairperson who is not a lawyer. they overreach. the fcc is trying to currently go even further and work on intrastate rates using the payphone provisions of the communications act, and this has the state rate-making bodies up in arms. intrastate rate making is a traditional local, state job, and the fcc cannot do this. the fcc may very well find itself having to re-deal with this issue of risen calling. ?> kate tummarello >> we will see a lot of patent issues in 2014. senator leahy is picking it up, and this is an issue that had a lot of support in the telecom world. google, cisco

in the field goal return in the sec title game. forget about this -- the fact that a guy was back there was incredible. the fact that the nra set up a the left return was phenomenal. one second left. chris davis was never touch. two touchdowns in the final minutes. they believe they are the team of destiny but they are night point underdogs tonight. lookingkins are still to interview people for the role of head coach. i think would be cool to get john and jay gruden with mike zimmer as defensive coordinator. jon gruden says he wants to stay with espn. packers had a one-point lead but the 49ers are trying to win it. how close was that to being blocked? it was good. san francisco winds. look at this -- it went to his arms. even if he had blocked it he was ruled offsides. he 49ers would have gotten another chance. -- maryland terrapins are in tonight. they're trying to get the third acc win in a row. although i noticed the maryland when over georgia tech on saturday, the terrapins were really impressive. they shot well in the tech --

trt: ;09 sec blanca ---un estudio federal revel que la mayoria de escuelas del pais, no reportan casos de abuso. take vo --- el congresista "george miller" dijo que el informe e muestra que las escuelas no los reportan por varias razones pero principalment e para proteger el prestigio del instituto. ---este estudio recomienda asistencia federal a las escuelas para luchar contra cualquier tipo de abuso. cesar ---un sujeto que habria embarazado a su hija de 12 aÑos y que busco le practicaran un aborto en un hospital fue sentenciado a pasar 25 aÑos en prision... take vo ---los crimenes cometidos por "manuel jacinto" fueron denunciados en 2007 cuando el sujeto llevo a la menor al centro medico san mateo para que le practicaran un aborto... ---las autoridades solicitaron una prueba de adn para determinar la paternidad, pero jacinto huyo a guatemala donde fue capturado y extraditado a california en 2012. cesar ---una madre latina cont hoy la pesadilla que vive una de sus hijas tras presuntamente haber sido abusada sexualmente por un fotografo blanca ---el sospechoso trabajaba con quinceaÑ

the document also shows that the sec was able to go back in time once i did it once that identified a specific traveler and see that person's various wife by location leading up to their arrival at the airport yes retro active tracking and i guess time travel isn't just reserved for marty mcfly anymore so how is the second responding to this by. shall report on a written response of the agency i'm sorry in a written response to c.b.c. news the agency said quote no canadian or foreign travelers movements were tracked no i didn't add quotes that were tracked that was their exact response i guess putting words in quotes is all you need to do to justify illegality in canada the n.s.a. should employ that tactic and their response is if director of national intelligence james clapper want to just use airports when he told congress that the n.s.a. does not wittingly collect data on americans it would put those old unconstitutional global surveillance in the rest in fact clinton might have been spared an impeachment if only he would have said that i did not have sexual relations with that wom

trt: 18 sec vo --- la ejecucion de edgar tamayo de 45 aÑos de edad esta programada para el proximo 22 de enero take sot out cue: sobre relaciones consulares... trt: 18 sec blanca ---la cadena de television "cnn" anunci hoy que el gobierno de estados unidos se ha reunido durante varias ocasiones con el crtel de drogas de sinaloa, mexico. pitch - cesar ---supuestamente, ambas partes negociaron de forma secreta a cambio de informacion sobre organizaciones rivales de narcotraficantes. ---ruben pereida tiene el informe. take pkg take vo - blanca ---y los desempleados en los estados unidos tienen ahora un motivo mas de preocupacion, pues hoy se dio a conocer que podrian quedarse sin prorroga del subsidio de empleo. ---cerca de un millon 300 mil personas sin trabajo en el pais, estan a punto de perder el beneficio que aumenta los meses del pago de desempleo. ----pues el subsidio que expiro en diciembre de 2013, se estanco hoy en el senado, que rechazo dos propuestas, para aumentar los meses del subsidio ---- el senado retomara nuevamente el debate hasta el proximo 27 de enero. cesar ---los m

just a sec. kids! that is so -- okay. kids?! get down here! why are you guys yelling at us when we're way upstairs? just text me. all right, that's not gonna happen. and, wow, you're not wearing that outfit. what's wrong with it? honey, do you have anything to say to your daughter about her skirt? sorry. oh, yeah, that looks really cute, sweetheart. thanks. no, it's way too short. people know you're a girl. you don't need to prove it to them. luke got his head stuck in the banister again. i got it. where's the baby oil? it's in our bedside tab-- i don't know. find it.

every sec agents -- i kept repeating that and i wonder if they used that clip. it is not that easy to prove. pticurlycrinal when he talksbout vagars irighand wilsayhis. itasn' theyhey uld ve mledhemy n andhey han'totn toim, they have onl gotteopleroun him and e waetenim a ose oplehath a tellg hi theare adin on uld be cotrdifrent wa. theyoulde sang iave highonviionevel 10, thin it 10,oesha make insidinrmatn. conllelizeth re oked. musteching listening to u, t back d rthhe dagen: let elizabeth respond. connell: enforcement attorney, she is hooked up. you had a chance to hear charlie. have at it. >> you can tell i heard some of what charlie said. there is a chance steve cohen done know what was going on. the law is vague. and i heard his deposition. just a matter of when. >> you didn't hear me? >> i heard enough. >> if the law wasn't vague he would be in jail by now. >> it is not a matter of the lobbying they. it is a matter of he was smart enough not to say in a recorded line or e-mail this is great inside information. >> or is he smart enough to look for the vagar

this despite the fact that most of the sec had left. and all state officials visited castro out facility noted that residents were still there and then left. the basically been the residence was very big reasons. >> : the films that the facility can stay open past is the closing date was put in air. >> : the statute of remained or directed remain onsite senior staff should been consulted. >> : therefore begun to say that social services says that it fell short to protect health and safety of valley springs residents seem care advocates say it that this omission of air is a step in the right direction. >> : it's very rarely rarely seen organize asian or department cannot say yet we messed up. >> : the sec also announced that the corrective actions are more training for staff and more justice after announced by. >> : and taking that and at their word they say that they're gonna work with us there and work with the lectures her input systems in. i hope those a year from now but the systems now are it going to be put in place. >> : for coke

so it was determined that i should go down to the sec and report the matter. >> narrator: but it was the identity of sedna's owner that piqued the interest of regulators. >> sedna was run by rengan rajaratnam, and i said to them, "by the way, you know, rengan rajaratnam is the brother of raj rajaratnam, who runs galleon." and that got their attention. >> narrator: the securities and exchange commission suspected that rengan was getting insider tips from his brother raj. investigators requested raj rajaratnam's records and in his instant messages found recent communications between him and a woman named roomy khan. a well-connected silicon valley executive who once worked at intel corporation, khan was someone familiar to the fbi. >> this person was what's called "known to the bureau." this person had been involved in insider trading in the past and they were punished. no sooner than they came off probation, this person was engaged and involved in insider trading. >> smith: so the sec had their eyes on this person. >> right. >> smith: they had committed insider trading, been caught, b

of course, the owner is delighted to capture this moment on video. >> wait a sec. it's cold, it's cold, it's cold. but it's fun, it's fun, it is fun. you see stuff like this it's no wonder that the internet has been taken over by cats. >> right. >>> the snow and ice in this second video not here in the u.s. but also delightful. this is the little polar bear cub's first introduction to the snow. and listen. >> ahh. that is cute. i got to say cuter than the cat. >> but look at his little paw just like plop, plop, plopping around at the snow. this is at the toronto zoo. the photographers were on hand because they wanted to capture this polar bear's first steps in the snow. >> that's cute. >>> corgi defends his territory. >> there you go. >>> if you for some reason ended up with your tongue stuck to a frozen pole -- >> you're an idiot. >> -- you would not try to pull away, right? >> you are not supposed to but i think the natural reaction is, oh, no, i'm stuck. stuck, stuck. >> that's exactly what these guys did and you won't believe what happened. >> here's a guy in a

and she had files going back talking about how he had run the nasdaq, and he was an expert with the sec. i don't know what more you could do as an order citizen. not a wealthy one who had all kind of advisers. >> as you followed this over the years is it clear to you that there is any one particular law that should have been in place that would have prevented this, or do you think bernie madoff would have worked his way around any laws. >> with we had a whistle blower recentlily. we wouldn't have invested what we had invested personally had he known he had raised those issues with the sec. we refused to follow the leads that were given. unless you do all the laws in the world aren't going to help. >> you do you think we've gotten better at that? >> no. >> today there are more? >> look at the sandford situation. those people thought they were buying cds, and i have friends who told me that they did not invest with madoff but there have been any number of ponzi schemes exposed down there. maybe we're looking more closely, but i don't know. >> judith, thank you for being with us, and i'm g

trt: 14 sec vo ---en en elenco de primera que lo atrapara en esta out cue: ya la veremos no?? trt: 14 sec vo ---en en elenco de primera que lo atrapara en esta excelente trama, participan ademas christian bach, su hijo "sebastian zurita" y manuel landeta.. ----"la impostora" a partir de hoy a las 8 de la noche en telemuindo.. take sot --- javier castro blanca ---ahora veamos como pinta el pronostico para los proximos dias... cesar ---pasamos con javier castro... adelante javier.... take pkg take pkg juanfra live add lib take pkg juanfra live add lib cesar ---ahora llegamos al juanfra live add lib cesar ---ahora llegamos al deportivo con juan francisco ramirez... blanca ---buenas tardes juan francisco... jf ---que tal cesar blanca, amigos del deporte muy buenas tardes y feliz martes tengan en casa.... a lo largo de esta semana estaremos preparando el terreno para el partido que los 49ers sostendran con los seahawks en la final de la conferencia nacional... el dia de hoy tenemos uno de esos detalles interesantes.... take vo ---y tiene que ver con los entrenadores... tanto jim ha

the president, himself, said intelligence agencies cannot function without sec res which makes their work less subject to public debate. did he close the sale? >> it's interesting t i listened to the speech with a census of a cuplet the president had throughout and what he was talking about, our privacy, your privacy and mine, alan's, raney's and the privacy or sec reece that apt sees like nsa. it's this tension, this inevitable tension that is at play. what i think is important were his different audiences. he clearly understood that he had to address the concerns of many different stake holders here in this country and overseas, not just leaders but citizens living overseas as well. so that was an interesting discussion as well on the privacy. >> rainey rightman, one of the very interesting parts, both of the commission report that came out earlier and then the president's response to it, what's the handling of foreigners and not only the embarrassing details about foreign allies whose phones we have been tapping, but, also, weather a person from a foreign country gets the rights o

, the sec knew it was on the government radar. when do have a punch list from your general counsel right by your computer? >> not a chance. there is no general counsel that would put their executive in that position. protect your job. client. >> squishy squishy. >> you can watch our "to catch a trader" segments online. alan mulally is staying in the driver seat for ford. we will show you how he is preparing for the busiest year in history for ford. we will also show you how tech innovators are taking the old and making them new again. we will head to las vegas. >> this is "lunch money" on bloomberg television. today's moving pictures where the video hits the story. a tragic crash in england. the helicopter was a modified version of a black hawk. for u.s. crewmen were killed. no word yet on what caused the crash. this video is from iraq's defense department meant. it shows a series of airstrikes. iraq's army has been battling militants in the area. officials say these airstrikes killed 25 militants. 20 degrees never felt so good. 1

hold on one sec. [ male announcer ] ...you'd expect us to have a highly skilled call center. kevin, neill holley's on line one. ok, great. [ male announcer ] and we do. it's how edward jones makes sense of investing. ♪ we are the thinkers. the job jugglers. the up all-nighters. and the ones who turn ideas into action. we've made our passions our life's work. we strive for the moments where we can say, "i did it!" ♪ we are entrepreneurs who started it all... with a signature. legalzoom has helped start over 1 million businesses, turning dreamers into business owners. and we're here to help start yours. >>> this story will have you talking today. a satanic group unveiled the statute of satan they want placed in front of the oklahoma state capitol right next to a monument of the ten commandments. it features a goat headed demon seated in a throne plafrflanked two children. they said the statue should be allowed since there is a ten commandments out front. the statue double as as chair where people of all ages can sit on the slap of satan. >>> mary okay will lettourneau brief

we just added to it, had we known that he had raised those issues with the sec. we have refused to follow leads given unless you do all of the laws in the world aren't going to help you. >> do you think we have gotten better at that? >> no. >> you think people are at risk? today, there could be somebody like bernie madoff? >> look at the standford situation. they thought they were buying cds. >> yes. >> i have friends in the west coast of florida who did not invest with madoff but they have told me that there have been any number of ponzi schemes exposed down there. good to see you. i am glad you have been able to move o the madoff settlement is the latest legal set back for jamie diamond. in 2013, the bank agreed to pay nearly $20,000,000,000 to settle a variety of cases, many involving sale of toxic mortgage securities. long-time banking analyst dig boveir says as much as diamond wants to put these behind him, he faces years of court battles. he published "guardians of prosperity" why america needs big banks. it lays out his belief over regulation of banks is h

the sec that the subpoena get out of the company's robust economy performance. common occurrence and begin thinking of eight leading to a non running play but the students the kimberley had lemon tree and actions in tonight and since no team lacked the discipline seems to copy the fewest allowed to give the sox need is on the cambodia and the status of the psyche of what he was an accident getting to know the it was nice and is taking the offensive against prince and government clients and he gets around to greet them in the case. should we union. anyway dear spoke in a tissue or living with them who can dance. to condemn violence. with tears. now the section is a gigantic be open season and now finds its home a number of men and six the cpp suffered a major doses may need and the cambodians like firsthand the dates of the tragedy of the leaderboard. and the piano playing by many in the lead pot. to win support from mimi still once the us government may have to prove they can run the government i keep me instead of just relying on a list of hostility. content. n

diamond will pay the sec a $5 million dollar fine. the sec is charging top executives at the san francisco based company with falsifying walnut costs to boost earnings. so far no one is admitting or denying the allegations. former enron ceo jeffrey skilling is on the move. he's spending the rest of his reduced prison sentence in a minimum-security prison in montgomery, alabama. skilling was convicted in 2006 for his role in enron's collapse. with time off for good behavior, skilling could be out of jail in 2017 after serving just 10 years of his 24-year sentence. beleagured baseball player alex rodriguez will likely cover his bases on his next career move following allegations of performance enhancing drug use. a ruling on a-rod's appeal of his 211 game ban is expected soon. leaving the player to decide whether to accept a suspension or fight on.. a court battle could cost an estimated $10 million. not playing will could be double that amount. sources tell espn he may go for a reduced ban. college football's bowl championship series w

sec should do what it can to calibrate its regulations to fit the time. if a stature requires us to do the contrary, we are essentially stuck. we have reached the point, given the intermodal competition that we see, that the sec needs to be needs to- the fcc bring its actions into the 20 first century, require telephone and cable companies and wireless companies differently. verynk an update would be use full and i have worked closely with our colleagues in congress. >> monday on "the communicators." >> coming up next, "question at the british house of commons with prime minister david cameron. after that, a discussion about the future of the internet. and then another opportunity for a" with new york times photographer doug mills. during "question time this week, prime minister david cameron , sayingd to ed miliband that the royal bank of scotland should be granted from giving bonuses to bankers. they also talked about fracking and legislation to reduce the amount of sugar content in food and drink. >> questions for the prime minister. >> thank you, mr.

dietz said you are happy to come to india to participate in the games the sec's so we arrived several organize ounce bars. a better place to go ahead as this little differences but this book makes a special handling the stakes this be like oh we are going to suck that much india and china are feeding the largest contingent which is what sort of cousin to buy countries night and going up guys in east timor. he retorted the new guinea bissau was on the fourth of it has been ongoing. teams would compete in law and sporting disciplines including that it takes. last good boy. each bought one foot one two ago. dividend is by one goal one is born and for sure. the games which have george or toasted as its mascot. the computer when john reith and nine. i stood up in ten patients have to live out of gear across northern india with me then it's effing bingle was taped one of these conditions continued in new delhi on monday making center by the city and fun new clothes the national guard units registered all blessings to extend chance to be scorned me and i'm fed up. ever since rinsed down to m

his identity implies violated by sec attorneys. how does that work? he was clearly tried to bury him with the general counsel's office said jpmorgan and the other thing is we have the sec was named in confidence i personally seek a self-regulatory model the idea that goldman sachs are jpmorgan will aggressively regulates to be on its face, but, long look at the statistics they call them peter graves for avery said for the revenue generated in the industry that the finds that phaedra -- finra imposes there is a reason you want to be self regulated but that doesn't help to have trust or confidence so the regulatory model doesn't work and i personally would like to see the federal financial placatory review board. looked at cities around the country and have been as. what happens they have private citizens who are concerned for the public interest to form a committee to oversee the police department it is run in the ethical fashion but given the track record of our by to tell regulators i would like to see a review board implemented. but we have just don

buying team in an sec gets eight john kerry was a little bit more positive they said they succeed on aim was to bring these two signs together and to get them face to face and they have achieved at a wedding the saving to get as you say it was very cruel to add your own emotions were running high a bit some sense i spent two and is safe. well this is hardly surprising suppress time if we talk to each other this a lot at stake it as he stated some massive gulf between the teapots he's the boss of mine is the government wants us out to state ideal position when tolerate that. it also continues to say this is a style that's the right doesn't it show that sad where these negotiations about. it also is scheduled to continue in geneva on friday now these will be told it's between a conscience again face to face behind crystals in private said by the un envoy to syria knocked up or he'd be said to be interesting to see where a cousin that if they find any common grounds and told that the debt is a massive gap between them at the nymex well perhaps if they find anything possible way they can

and the sec has to find the highest form of public service for the bow were one dash local station is to cover local elections, the debates that is how they are supposed to lead the league qualify to earn the monopoly license. what we see is the amount of ads have caught up in but coverage was limited we had 5 million political ads in the 2012 cycle, a double of 2008 ears filled up the airwaves that 1.in some battleground states 30 or 40 in a row. so now the government is not enforcing there is a fear is that they will and demand a free air time be given but then the other blood that has to be talked about is the great development of citizens united 2010 it said basically anyone can give as much money as a blunt corporate or unions to a campaign as long it was not through the an affiliated group. this is a change that affects one-tenth of 1% of americans those surveyed give what was already the legal limit of several thousand or 120,000 for federal campaign so citizens united had no effect on 99.9% but the billionaires' now suddenly they could put as much money as it wanted to cover c

. >> the sec turns around and investigates the hedge fund. like 46% of all of the , and itradable shares was one of the best-performing stocks of the day, and this is a company that lends money to people with horrible credit, and they charge them a lot of money, and as long as the government is going to continue to allow them to do whatever they are going to , it issumably legally not a very good short. this highlights one of the principal problems that hedge fund managers like ac kman may have. they make lots of money. >> get lots of letters. >> the shareholders love the fact that they make so much money. >> that is right. inbut even if bill is right his conviction, this takes deal along, and his investors do not want to wait anymore, and he has got the likes of carl icahn and dan loeb standing on his lawn with a bazooka. >> the market can stay that way longer than you can stay solvent. >> what about what senator ed , getting regulators to look into what herbal life --herbalife is doing. >> members of congress send letters all of the time. r

let the sec go do it job. >> nobody wants a more than j.p. morgan chase. they still have some other probes going on. you will have this constant threat of stories about what is the latest thing in this chinese hiring probe. >> it is unusual for the most part. i think these things happen. j.p. morgan has managed several of these over the last 12 months. they are still operating. their stock price is pretty steady. it does seem to be business as usual. i think it is a case of if that ever shifts. >> the stock is up nearly 30%. i want to leave it there. thank you very much. my thanks to jonathan mile. always a pleasure. the weather is extreme. let's give you some details about some new ways to get from a to b next. ♪ >> this is "taking stock errico i'm -- "taking stock." i am pimm fox. it is day two of the so-called polar vortex that has been gripping much of the united states. many cities and towns have been combating icy road conditions. they are finding beets might be actually a better option. beet juice has been used to save money and proves more enviro

sent letters to the sec and ftc, as well as the herbalife ceo. in a statement, he says -- continued -- he is serious. bill ackman is not the only activist making out today. >> this whole business of the divorce between ownership and management, i think it is hurting our economy greatly. to shelf. in the big picture, not micromanaging, we have got a lot of work on ebay p without question, it is a no-brainer that paypal should be spun off. >> carl icahn telling us yesterday that he wants to split up ebay and its electronic payment child paypal. >> there is no reason they should be together at this point. in fact, it would be helped by a management team that is separate and can go their own way. the multiple would go up dramatically and also the health of the company would be better. >> ebay ceo john donahoe says the company should stay together. he said a unified entity helps their expansions into mobile. the question is, is that a good idea? >> when you have these conglomerates, one person benefits, the ceo. they get to smooth out earnings and div

let the sec go do it job. nobody wants a more than j.p. morgan chase. they still have some other probes going on. you will have this constant threat of stories about what is the latest thing in this chinese hiring probe. >> it is unusual for the most part. i think these things happen. j.p. morgan has managed several of these over the last 12 months. they are still operating. their stock price is pretty steady. it does seem to be business as usual. i think it is a case of if that ever shifts. >> the stock is up nearly 30%. i want to leave it there. thank you very much. my thanks to jonathan mile. always a pleasure. the weather is extreme. some detailsu about some new ways to get from a to b next. ♪ >> it is day two of the so- called polar vortex that has been gripping much of the united states. many cities and towns have been combating icy road conditions. might befinding beets actually a better option. beet juice has been used to save money and proves more environmentally friendly than road salt that has been used throughout the united states. more ab

the sec should do what it can to calibrate its operations to fit the time. i think we have reached the point now given the competition that we see that that's fcc needs to be able to take actions to bring regulations in the 21st century and reduce the silos that is required for cable companies and other companies definitely. i think that update would be very useful. i have worked closely with colleagues in congress to help make that a success. >> republican fcc commissioner on "the communicators." >> next is the latest on iran's nuclear program and the next debts in international deals to curb the country's ability to produce nuclear weapons. this is 40 minutes. host: we want to welcome back michael singh, a veteran of the george w. bush administration and now managing director of the washington institute for near east policy. let me begin with some news from the associated press. inspectors now in iran, led by the international atomic energy, and the u.s. looking at what iran has in terms of nuclear capacity. how much access to the have and what is their mi

the sec said that in its statement. the company's former chief financial officer stephen snee still fighting, sue, the sec's charges. back to you. >> stocks up 1.25%. bob, you were saying? >> watch the numbers tomorrow from the non-farm payrolls. whisper number over 200,000. get 210,000 keep the three year, not moving that much, 3.03 a few basis points, we'll be all right. look what's going on here today. winners, health care and financial, and losers are emerging markets in the retail stocks. real dill appointment to see retail numbers. >> and china, ipos pricing this week alone. an issue for that market. >> the emerging market, china's down in the beginning of the year. all emerging markets are down. 4%, 5% and 6% weighing on material names, coal names and steel names weak at well. >> and kenny, last word. >> part of the markets are down because the anticipation of a fed pullback and then if our numbers continue to get stronger, are they going to pull back faster and what does that mean for the emerging markets? you h

sister agency a to the sec, but you know, they are sisters and do not always agree on things. the cftc has this rule that says, look, if you trade in derivatives that we have control over, then you have to be registered with us. the real not of this problem is that historically, hedge funds withnerally have swaps exposures. they have not had to adjuster with the cftc under what is called a de minimis rule. ancillary ae or little bit, then you do not have to register. but a key part of that de minimis rule is that you cannot be generally offering your fund to the public. >> that is what it is all about, it is allowing people to do that. it is an interesting breakdown between hedge funds and private equity, which is also covered by venture funds,nd which seem to have caught on a little bit more, right? of those guysmore have richard because they do not tend to have derivatives. >> i think one of the key -- have registered because they do not tend to have derivatives will stop >> i think one of the key reasons is this. extensivets are very and you have to bring in new compliance

hold on one sec. [ malennouncer ] ...you'd expect us to have a highly skilled call center. kevin, neill holley's on line one. ok, great. [ male announcer ] and we do. it's how edward jones makes sense of investing. ♪ it's how edward jones makes sense of investing. millions have raised their hand for the proven relief of the purple pi. and that relief could be in your hand. for many, nexium helps relieve heartburn symptoms from acid reflux disease. find out how you can save at purplepill.com. there is risk of bone fracture and low magnesium levels. side effects may include headache, abdominal pain, and diarrhea if you have persistent diarrhea, contact your doctor right away. other serious stomach conditions may exi. avoid if you te clopidogrel. for many, relief is at hand. ask your doctor abouxium. lori: time to make money with charles payne looking at an energy management company that is under high demand. what is your pick? charles: i have been looking at this for three years. is a smart grid play, we hear about this margaret and it will happen, all kinds of factors. the

in other words, if the sec find something to be wrong, it will come out with a complaint. if it investigates the company says nothing is wrong, the sec will not come out and say -- >> is not a pyramid scheme. >> exactly. >> so there could be some damning questions even after markey -- >> sure, the accusation could hurt the company even if it is not true. >> although, i mean the shares fell yesterday, but overall it has not really hurt the company. >> and has done very well. all right, betty? >> matt, here's a good number for you guys -- 1.2 5 billion. that is how many chicken wings people will eat during super bowl sunday. this year, fans will pay less for them. bloomberg's alix steel with me. how many chicken producers rely on the super bowl? >> if you take a look at the look at the -- if you take a look at the buffalo wild wings world, 5% in the first quarter, primarily due to the super bowl, which also estimate that for buffalo wild wings, each store has a little less than $900,000 in sales a day. on the big game day, i could be 2.5 times more. you and i might not eat c

now you see it going into their sec filing into their earnings statements. hear is what is going on. seaworld was brought public last april by blackstone. the private equity shop did a classic lbo. they loaded up seaworld's balance sheet with debt and pulled cash out of debt file in form of advisory fees, loan fees, all sorts of fees. what seaworld is doing now, telling the world, submarined in the filings, yes we do have $1.9 billion, billion dollars, when that company had losses in the first six months of last year. $1.9 billion in total liabilities. in order to service that, you know, debt load we have this, their version of cash flow. it is called adjusted cash flow that is actually inflated. it is not the classic cash flow figure that companies use. ashley: is this argue growing to go away or are they really starting, this is something obviously that will be tied up in the courts but what is it doing to the theme parks? you mentioned ticket sales were off last year? >> they're saying fourth quarter they had solid attendance. we have to wait for the marc

because the sec can't shut them down. >> this is the problem. they really don't want to shut them down. they really just want them to start being honest about what they are promoting and not lying and not trying to of people in with false claims. but the other question is how safe are some of these products? gerri: these products don't get tested. tell me if i'm looking for a weight-loss product, can you tell you tell if things were? we look for? >> what you want to look for is exaggerated advertising. gerri: to the gym body without the were? >> exactly. also if they can to guarantee a product, that is probably bogus as well. no one can guarantee weight loss. and then if they say that you have money back in 30 days, you'll have to be very skeptical. so they are making too many claims, use common sense and buyer beware. and if it sounds too good to be true, it probably is. gerri: it's all about common sense. i think that americans are pretty savvy and smart and i think that what is frustrating is that there are companies that will continue to be

snaps the sec's hold on the bcs championship at 7 in a row. a fitting ending to a college football season. >>> now amid all the controversy, there is positive robert griffin, iii, news to report. he was selected by his teammates to win the courage award. overcoming adversity. grin returning from knee surgery. and released the olympic hockey team and alex ovechkin will compete for his home country. he was the first to carry the torch when it was lit in olympia. also capitals, nicklas backstrom will play on sweden's team. john carlson for the u.s.a. and, don't forget to vote in our high school game of the week poll. we have four great games for you to choose from. text the code to the game you want to 25543 and we'll announce the winner on thursday night. >> that was a really good game last night. >> looked away and you missed that kickoff return, i walked upstairs. >> 21-3 at halftime. >> all right, go florida state. all right, that's it for us. wusa9 is over for now. the cbs evening news is coming up next. >> i will be back with jan jeffcoat f