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Thanks for joining us, im erik schatzker. It is no longer april fools day. Lets bring on Michael Lewis. You have had a huge week, a huge 10 months working on this. We want to get to the book but first we want to get to the news feed. The biggest news stories from around the world. It was the biggest leveraged buyout ever but now a reorganization plan would virtually wipe out the investments of the biggest names that took over what is now Energy Future holdings, formerly known as txu. Goldman sachs may accept as little as one percent of the equity after chapter 11 restructuring. Energy future restructuring. Oldings chrysler recalling nine hundred thousand jeep grand cherokees and Dodge Durango suvs. The problem in this case is faulty brake systems. Barry diller says the Supreme Courts decision on area oh aereo will be life and death for the company. An interview with him and he said the company has no backup plan if it loses, and eventually that would mean the end of aereo as we know it

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