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Transcripts For CNBC Power Lunch 20130826

Richard engel. We have the attorney who may change the way that americans invest in bonds forever. After Steve Ballmer steps aside, which chief executive is soon to follow . David . Hey, sue, how are you doing . We are going to start with these pictures. The fire burning around Yosemite National park. It is getting worse and threaten ing california. The latest word from the Governors Office is that the water and power in San Francisco is holding. The danger doesnt seem quite as bad at first. San francisco is 180 miles from here. The water and power supply come from the reswear which is in the park. Crews have been trying to protect it. Look at the view of the fire from space. You can see that the spoke is going to the north, northeast as the wind comes out of the south. That is good. It takes it away from that reservo reservoir. That is the hope that they can get the fire 15 more contained. Where they are going door to door checking to make sure that the homes are not full of combustab

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