megachurch pastor creflo dollar back in the pulpit and out of jail and denying he choked his teenage daughter. i should have never been arrested. good evening, everyone. thanks for joining us. i m don lemon. parts of the gulf coast under water tonight literally. torrential rains are causing extensive flooding in florida, prompting emergency evacuations around pensacola. more rain is expected, and add that to as much as 22 inches within a 24-hour period in some areas and things won t be drying out any time soon. la roi bonifay joins me now from pensacola, florida. i m told you lost a car in the rising water, and people are losing cars and more of their personal property. you got that right. i lost a brand-new bmw, so new that i hadn t even made the first payment on it. you guys got so much rain within a 24-hour period, it s not over yet, and we looked at the video. if you look at this video, i mean, the streets, and we say that as a cliche, but they literally do look
with arrested for violence and battery. his daughter told police he punched her, choked her and threw her to the ground and today, he stood in his pulpit and said anyone who says he abused his taur is lying. the truth is she was not choked, she was not punched, there were not any scratches on her neck, but the only thing on her neck was a prior skin abrasion from eczema. anything else is exaggeration. something happened that police felt was enough to arrest him. here is a question. he says somebody is lying. so who? somebody is trying to discredit him so who? are we watching a family spat or does southbound someone have a real beef here? the point that he made in his service today is that it is tough to discipline a child. this is not 20 years ago. i got hit with a belt. that was part of a conversation we had out there. this is an issue for him. how do you discipline a child in today s society. he is saying one side of the story is he did not rush his daughter or tr
i m talking about kruklo dollar. he preaches in his massive church just outside atlanta. no, he says he did not punch her. no, he says, he did not choke her. those are the accusations that got dollar thrown in jail on thursday. earlier today, these words from the pastor to his congregation. the truth is, she was not choked, she was not punched. there were not any scratches on her neck. but the only thing on her neck was a prior skin abrasion from eczema. anything else is an exaggeration and sensationalism. our nick fuentas is watching this whole thing, saw him in church today. what s going on here? police are saying one thing and crefla dollar is saying another thing. he choked his daughter over an argument about going to a party. he s saying, no, you can t go because you had bad grades. what police are saying happened is he choked and beat her. he s saying it was a family incident that escalated, got out of hand, he never meant to harm anyone. before we go on and tal
led up to this ipo, this public offering for facebook, many people may step out and say, wait a minute, look where the stock is ending today. the stock ending only up about a fraction of a percent just above that initial ipo offer price of $38. look, many would say it was a messy debut plagued by technical difficulties and not as much demand as everybody thought. we then saw other social media stocks tumble as well in sympathy for facebook. which everybody thought would really pop at the open. and it did. we did see facebook shares pop as much as 18% but clearly they are ending pretty flat on the day. wolf? alison, the whole point is that that $38 number came in at the high end yesterday. that was a number earlier estimates could have come in at $25, $35, $38 was considered pretty big. that was based on investor interest. remember, facebook went on this road show engaging investor interest and there was a lot of investor interest and facebook thought that it could get t
debt problems. let s bring in our chief business correspondent ali velshi who is watching all of this. we re about to know any minute now, ali, how much the stock will go for. bottom line is they could take hours. we think it will come out very, very quickly. the top of the range is $38, all indications are that facebook is oversubscribed. there are more people who want to buy the stock than there are stocks available and as a result they re going to the high end of the range and they can go higher, but we re thinking about $38 and that is the price at which institutional investors will get it. that s not the price that retail investors at 9:30 who want to buy it are going to get it. it s important to understand. look at that loss on the dow. that s got nothing to do with facebook. that has more to do with what s going on in europe and the average person, greece has more to do with your economic life than facebook. there will be a whole bunch of people who will get a lot ri