stock after it tumbled 14% putting apple in the most valuable spot. toyota, the auto maker the world s largest auto maker thanks to a 23% surge. general motors announced spending millions to upgrade an assembly plant. meanwhile, a government watchdog is calling autothe pay czar for executive pay. companies bailed out by the government, aig and ally financial. we have heard chicken wings are more expensive this time of year. men stole $65,000 worth of tyson frozen chicken wings. straight ahead, we get the insight from lynn sweet of the chicago sun times. what lebron james said about his
right now. good morning, welcome, everybody. our stastarting point this mor is day four of the jerry sandusky sex abuse trial with three victims set to take the stand. the prosecution is moving at a rapid pays. the state is expected to rest tomorrow. cnn susan candiotti is live at the courthouse in bellafonte, pennsylvania this morning. good morning. three more alleged victims are expected to take the stand today and tomorrow before prosecutors wrap up their case. among them, we expect to hear from one youngster, back in 1988, her mother went to police after she discovered her boy had been showering with jerry sandusky. charges were never filed in this case, but the mother said the little boy was naked, jerry sandusky had bear hugged him and she was worried he might have touched some of his private areas. charges never filed in this case, however, police did eavesdrop on jerry sandusky and they said he told them this, quote, i understand i was wrong. i wish i could get f
print, you only had to achieve modest performance gains to be eligible for $12.5 million in bonuses? it just doesn t seem to add up in our current times. i want to know who ok d these salaries to begin with. for example, they didn t write them in themselves. it s not a private company so in 2008 when freddie and fannie were propped up by the u.s. government because it would be worst for the country if they collapsed, i m sure somebody jotted that down. and this guy these guys didn t say it yesterday but they re saying overall, i need to make this much money but they didn t say what the number is. who allowed them to get this money and they didn t say, well, the government gave me this, what do you want me to do? sure, they say they have to be competitive. john thune, the esteemed senator from the northern plains wants the president of the united states to step in because it s time. my question is where is the president in all this? i mean, why can t the president, these p
options. which makes a lot of sense, because it is more pay for performance. their stocks went up. that s a lot of what happened. i think that s one thing we have to remember. heather: ultimately this is what they are paid to do, correct, to save their companies money? yes. but you would paying no taxes, i mean you know, like in the case of ge, i mean that is amazing that something like that could happen. we all have to pay taxes. i don t know anybody heather: what do to change it? again, you have to look at the boards of directors. i think they are key to change the ceos. maybe ceo pay could be set in a different way. i don t think more regulation and having the government come in with more is really the answer like saying, having the pay czar saying you only get this or you get this. that s anti-capitalism.
the administration sought to separate fox from the other networks. you can all interview mr. feinberg, the pay czar, but fox news, we don t like what you have been doing in your news programming. and in your opinion programming. you can t come along. because the network pool was involved and fox is a member, the other networks questioned the move. the white house specifically sought to exclude fox. they were ultimately unsuccessful because of the intervention reportedly of other media. but they didn t want to let fox in. today, white house spokesman jay carney tried to put it all in the past. that was then, and, you know, we obviously deal with fox news regularly. call you regularly and we give interviews to fox news, including bill o reilly. fox did get the interview with feinberg after all. the senior vice president for news for fox today said on and off-air relations with the administration has come a long way since then and if the unfortunate ens dept got things incid