so very good conversation. we ll see where it goes from here. reporter: for now, aides say, the president-elect continues to weigh all options. the president-elect is really taking these meetings very seriously. he wants to make sure that he s making the absolute best decision for all of the different positions. reporter: including close adviser and one-time clear front-runner rudy giuliani. but the secretary of state position far from the only decision outstanding. the president-elect today meeting with fran townsend, a possible homeland security secretary, and john alison, a treasury secretary candidate. and wolf, as everybody starts to pay attention or continues to pay attention to the secretary of state race, advisers telling cnn it s likely other cabinet picks my come first like treasury or homeland security. but no question about it, it is that state department position
security secretary, and bank ceo, john alison, a treasury secretary candidate. and jake, the reality is this back and forth kind of underscoring that he was with the secretary of state. tomorrow the meeting with mitt romney, it turns out, will be a dinner one on one between the two principals. as phil just said, the president-elect just tweeted minutes ago that he was, quote, very impressed after his meeting with general david petraeus. the two met a few minutes ago in trump tower. picking petraeus as the nation s diplomat may have some hurdles. mainly, can a man who pled guilty to exclusive and the
ceo is president-elect and donald trump has even admitted that he has, quote, a little conflict of interest with one nato ally over a hotel. the lead s series of potential conflicts like that one begins today. announcer: this is cnn breaking news. good afternoon, everyone. welcome to the lead. i m jake tapper. we ll begin with national news today. we re waiting for a news conference at any moment with new details about the horrific rampage at the ohio state university in columbus. cnn is being told that the attacker was 18 years old. he was a permanent legal u.s. resident. they re wondering if terror was the motive. he drove into a crowd on campus and got out and started slashing people with a large butcher knife. a security guard on campus stopped this from becoming much worse, attacking and killing the
slowing to a three-year low in the latest quarter, expanding by 7.6%. government stimulus apparently couldn t offset weaker exports and consumer spending. and in europe, moody s downgrading italy s government bond rating by two notches to baa-2. we ll have an analyst from london with more details including elements of another key debt auction. first, mandy is going to bring us up to speed on some of the new twists in that libor scandal. good morning, everybody. treasury secretary tim geithner pressed the bank of england in june 2008 to make changes in the way that libor was set. at the time geithner was the head of the new york fed. he sent a private e-mail to irvin king recommending six ways to enhance the credibility of the key interest rate benchmark. among the ideas, reporting borrowing costs for the calculation of libor to attest to the accuracy of their rates. in other news, 12 global banks that have been publicly linked to the libor scandal face as much as $22 bi
how it impacts your money. it is wall street meets the windy city on squawk on the street on this friday, march 2nd, 2012. carl, we re about to wrap up what has been an eventful week for the markets between dow 13,000, nasdaq 3,000. we got red arrows across the board now. the dow is looking to lose about 12 points at the open. and european trading, we re seeing basically a flat picture across the board. let s get to a road map for this friday morning. crude is in focus after a whipsaw afternoon trade yesterday. iran pressed tv reporting an explosion at a pipeline. still, traders say the whipsaw trade shows the fear is still in the crude trade. we are awaiting what will likely be the last internet ipo before facebook. yelp prices well above the expected range. the company is getting set to ring the opening bell here at the big board and the ceos first stop after that will be post nine for a first on cnbc interview. at&t says no more to unlimited. they ll start slowing spee