so why i.b.m.? long-time buffett watchers say the key is big blue's very predictable business. >> it may have raised several eyebrows because it is in the technology area, but when one looks at its very stable and growing cash flows, i think that it is not a surprise at all. >> reporter: at $10.7 billion, buffett's i.b.m. investment is one of the largest he's ever made. the fool's eric bleeker urged buffett to take the plunge last year, though today's news came as a surprise. >> this is like your grandpa saying he's going to go out and buy an old rotary dial phone and coming back with an iphone. >> reporter: it looks like buffett may be over his technology phobia. berkshire hathaway announced today it has also bought a $200 million stake in intel. darren gersh, "nightly business report," washington. here's tonight's "market focus." earnings, the economy and europe all conspired to push up stock prices. borrowing costs back on the rise for italy, american stocsk sank. >> with a 1% loss on its s&p 500

i.b.m. see an increase. bart is anticipating large numbers of shoppers tomorrow. they will be running longer trains and police will have an increased presence in san francisco. they will patrol parking lots and when you ride the trains as well. full house at glide memorial church. volunteers and staff served 500 people. many were homeless, others struggling to make ends meet. >> i live in a hotel. i'm not homeless but i don't have a lot of money to spend on food. >> we're busy, we have a lot of demands and different people coming in. people that you wouldn't see but a lot of people that we have to walk through the process to feed the homeless in san francisco. >> it's been almost 50 years since they served the first traditional turkey dinner. >> in alameda they served more than a thousand meals for its thanksgiving dinner. tradition begin 30 years for a few military folks from alameda air station. members of the congregation along with other churches contribute food and volunteer hours to make the home-cooked meals possible. >> protestors with the occupy movement

i.b.m. see an increase. bart is anticipating large numbers of shoppers tomorrow. they will be running longer trains and police will have an increased presence in san francisco. they will patrol parking lots and when you ride the trains as well. full house at glide memorial church. volunteers and staff served 500 people. many were homeless, others struggling to make ends meet. >> i live in a hotel. i'm not homeless but i don't have a lot of money to spend on food. >> we're busy, we have a lot of demands and different people coming in. people that you wouldn't see but a lot of people that we have to walk through the process to feed the homeless in san francisco. >> it's been almost 50 years since they served the first traditional turkey dinner. >> in alameda they served more than a thousand meals for its thanksgiving dinner. tradition begin 30 years for a few military folks from alameda air station. members of the congregation along with other churches contribute food and volunteer hours to make the home-cooked meals possible. >> protestors with the occupy movement

money it gives no protection and yet it is threatening to russia's strategic forces i mean we had the i.b.m. tree the a.b.m. treaty and one nine hundred seventy two the anti-ballistic missile treaty we had both countries promise not to build these missile systems because they realized that they were in this burgeoning arms race at that time we had seventy thousand nuclear weapons on the planet i mean we're down to a mere twenty one pharaoh's the now and twenty thousand of them are still in the u.s. and russia well this is very dangerous very interesting you say this is very interesting hearing tough talk from moscow reaction from washington so it was not going to review its plans for a missile defense shield in europe now does this mean we are heading for another cold war style arms race. well i hope somebody else has some good sense because basically the us is a crumbling empire i mean where in debt we can't find our roads our roads are like broken down our trains don't compare to all of the violence that you see. germany or japan where really we we've wasted our national treasure i'm this

roker a corporation all corporations do this general electric does as i.b.m. does as warren buffett does as all the firms on wall street do their own gauge and accounting fraud pit bull counting and of m.f. global was caught right as they were in the process of committing accounting fraud and suddenly that all unraveled the little string was pulled and suddenly went bankrupt but you can do the exact same thing in almost every single company in america they're all basically based on accounting fraud it total string they all go to zero and why this relates to c.m.e. group of course is that they're supposed to be or they were supposed to have regulated and ethical but obviously they didn't and bart chilton goes on to say this isn't just a lost and found inquiry it's a full on effort to get to the bottom of what appears to be a massive hide and seek ploy as a distinct possibility some would say probability that somebody has done something with the money and that it's not going to be all of a sudden discovered and an innocent explanation well of course that money w

broker a corporation all corporations do this general electric does as i.b.m. does as warren buffett does as all the firms on wall street to their own accounting fraud people counting and the m.f. global was caught right as they were in the process of committing accounting fraud and suddenly that all ravelled the little string was told went bankrupt but you could exact same thing that almost every single company in america of all basically based on accounting fraud it pulled the string of it all going to zero and why this relates to c.m.e. group of course is that they're supposed to be where they were supposed to have regulated and ask lowball but obviously they didn't and bart chilton goes on to say this isn't just a lost and found inquiry it's a full on effort to get to the bottom of what appears to be a massive hide and seek ploy as a distinct possibility some would say probability that somebody has done something with the money and that it's not going to be all of a sudden discovered and an innocent explanation well of course that money was just play in thi

broker a corporation of all corporations do this general electric does i.b.m. does as warren buffett does as all the firms are lost or do their own gauge and accounting fraud people counting and of m.f. global was caught right as they were in the process of committing accounting fraud and suddenly that all ravelled the little string was polled suddenly went bankrupt but you can do the exact same thing at almost every single company in america they're all basically based on accounting fraud and postering and all go to zero and why this relates to c.m.e. group of course is that they're supposed to be or they were supposed to have regulated and that quote will but obviously they didn't and part chilton goes on to say this isn't just a lost and found inquiry it's a full on effort to get to the bottom of what appears to be a massive hide and seek ploy as a distinct possibility some would say probability that somebody has done something with the money and that it's not going to be all of a sudden discovered and an innocent explanation oh of course that money was just

broker a corporation all corporations do this general electric does as i.b.m. does as warren buffett does as all the firms on wall street do their own gauge and accounting fraud because the accounting and the m.f. global was caught right as they were in the process of committing accounting fraud and suddenly that all ravelled the little string was polled globally went bankrupt but you can do the exact same thing at almost every single company in america they're all basically based on accounting fraud and total throwing it all go to zero and why this relates to c.m.e. group of course is that they're supposed to be where they were supposed to have regulated and ethical but obviously they didn't and part chilton goes on to say this isn't just a lost and found inquiry it's a full on effort to get to the bottom of what appears to be a massive hide and seek ploy as a distinct possibility some would say probability that somebody has done something with the money and that it's not going to be all of a sudden discovered and an innocent explanation why of course that mon

broker a corporation all corporations do this general electric does as i.b.m. does as warren buffett does as all the firms on wall street do their own gauge and accounting fraud pit bull counting and of m.f. global was caught right as they were in the process of committing accounting fraud and suddenly that all unraveled the little string was pulled and suddenly went bankrupt but you did exact same thing at almost every single company in america they're all basically based on accounting fraud it total string they all go to zero and why this relates to c.m.e. group of course is that they're supposed to be or they were supposed to have regulated and ethical but obviously they didn't and part chilton goes on to say this isn't just a lost and found inquiry it's a full on effort to get to the bottom of what appears to be a massive hide and seek ploy as a distinct possibility some would say probability that somebody has done something with the money and that it's not going to be all of a sudden discovered and an innocent explanation well of course that money was just

broker a corporation all corporations do this general electric does as i.b.m. does as warren buffett does as all the firms on wall street do their own gauge and accounting fraud pit bull counting and of m.f. global was caught right as they were in the process of committing accounting fraud and suddenly that on ravelled the little string was pulled and suddenly went bankrupt but you can do to exact same thing at almost every single company in america they're all basically based on accounting fraud it total string and it all go to zero and why this relates to c.m.e. group of course is that they're supposed to be or they were supposed to have regulated and ethical but obviously they didn't and bart chilton goes on to say this isn't just a lost and found inquiry it's a full on effort to get to the bottom of what appears to be a massive hide and seek ploy as a distinct possibility some would say probability that somebody has done something with the money and that it's not going to be all of a sudden discovered and an innocent explanation well of course that money wa

broker a corporation all corporations do this general electric does as i.b.m. does as warren buffett does as all the firms on wall street do their own gauge and accounting fraud people counting and the m.f. global was caught right as they were in the process of committing accounting fraud and suddenly that all rattled the little string was pulled globally went bankrupt but you could do the exact same thing at almost every single company in america are all basically based on accounting fraud and puzzle string that all go to zero and why this relates to c.m.e. group of course is that they're supposed to be or they were supposed to have regulated and but obviously they didn't and part chilton goes on to say this isn't just a lost and found inquiry it's a full on effort to get to the bottom of what appears to be a massive hide and seek ploy as a distinct possibility some would say probability that somebody has done something with the money and that it's not going to be all of a sudden discovered and an innocent explanation of course that money was just play in this

broker a corporation of all corporations do this general electric does as i.b.m. does as warren buffett does as all the firms on wall street do their own gauge and accounting fraud counting and the and their global was caught right as they were in the process of committing accounting fraud and suddenly that all ravelled the little string was pulled suddenly went bankrupt but you can do the exact same thing at almost every single company in america all basically based on accounting profit pull throwing the ball going to zero and why this relates to c.m.e. group of course is that they're supposed to be or they were supposed to have regulated and ethical but obviously they didn't and part film goes on to say this isn't just a lost and found inquiry it's a full on effort to get to the bottom of what appears to be a massive hide and seek ploy as a distinct possibility some would say probability that somebody has done something with the money and that it's not going to be all of a sudden discovered and an innocent explanation of course that money was just play in this m

broker a corporation all corporations do this general electric does as i.b.m. does as warren buffett does as all the firms on wall street do their own gauge and accounting fraud pickable counting and the m.f. global was caught right as they were in the process of committing accounting fraud and suddenly that all unraveled the little string those polled suddenly went bankrupt if you could exact same thing that almost every single company in america for all basically based on accounting fraud it pulled the string and it all go to zero and why this relates to c.m.e. group of course is that they're supposed to be where they were supposed to have regulated and ethical but obviously they didn't and bart chilton goes on to say this isn't just a lost and found inquiry it's a full on effort to get to the bottom of what appears to be a massive hide and seek ploy as a distinct possibility some would say probability that somebody has done something with the money and that it's not going to be all of a sudden discovered and an innocent explanation of course that money was j

broker a corporation all corporations do this general electric does as i.b.m. does as warren buffett does as all the firms on wall street do their own gauge and accounting fraud pickable counting and the m.f. global was caught right as they were in the process of committing accounting fraud and suddenly that all unraveled the little string was pulled and suddenly went bankrupt but you can do the exact same thing at almost every single company in america they're all basically based on accounting fraud and total stringing it all go to zero and why this relates to c.m.e. group of course is that they're supposed to be or they were supposed to have regulated and ethical but obviously they didn't and bart chilton goes on to say this isn't just a lost and found inquiry it's a full on effort to get to the bottom of what appears to be a massive hide and seek ploy as a distinct possibility some would say probability that somebody has done something with the money and that it's not going to be all of a sudden discovered and an innocent explanation well of course that mone

are they going to give you examples there are companies that are household names exxon mobile nestle i.b.m. royal dutch shell microsoft wal-mart be peace chevron general electric citi group monsanto the list goes on there behind me and the reason they're spinning around on a global like this is because according to someone like our guest economist and author john perkins multinational corporations know no national boundaries they don't follow any specific set of laws and. they have a lot of cash so they have a lot of influence in politics and in policies so this influence explains why for example u.s. military motivations may be called into question when you hear someone like say congressman john mccain see the senator john mccain say something like this was back in september on a visit of congressional leaders to libya in the midst of the nato mission take a listen american investors are more than eager to come and invest here in libya and we hope to there and believe that they will be given an opportunity to do so and it's pretty clear that as long as fighting is going on it will be more

according to i.b.m., friday's on-line shopping sales were up nearly 25%. those three american students caught up in the unrest in egypt are safely back home this morning. here's cynthia bowers. >> reporter: late saturday night, derek sweeney arrive back in st. louis and into the arms of his loving family. >> i knew he would be home. >> reporter: sweeney was one of three american students arrested in cairo a week ago amid the growing chaos of protests gripping the city. the three were students at the american university in cairo and were accused of throwing fire bombs at egyptian security forces from a roof top near demonstrations in tahrir square. thursday an egyptian court ordered the three freed. by saturday all were flying back to their hometowns. gregory porter arrived in pennsylvania saturday afternoon. >> i'm just so thankful to be back. >> reporter: luke gates landed in indianapolis. >> i'm glad to be with my family. i want to go home and have a thanksgiving. >> reporter: upon arrival derek sweeney summed up their adventure this way. >> there's a lo

and we should listen to companies like microsoft, yahoo, google, i.b.m. and qualcomm. these companies also support the f.c.c.'s rules because they recognize that they couldn't have grown to be the tremendously successful companies they are today without a free and open internet, and that's what we're asking for. that's all we're asking for. when our opponents get up here and tell you that these rules will stifle innovation and halt growth, i want you to think about what they are thinking. and i want you to ask yourself why would so many of the leading technology companies of the last two decades support what the f.c.c. is doing if they think it will hurt innovation? it doesn't make any sense because it isn't true. net neutrality and the f.c.c. rules will protect the innovators and entrepreneurs that have made the internet what it is today, and what it will be tomorrow. but don't take my word for it. listen to experts from bank of america, goldman sachs, citibank, wells fargo, raymond lynch and raymond jones. these companies have all stated that they do not believe the

of i.b.m. stode barack obama you can pay for virtually all of obama care by taking existing i.b.m. technology and applying it to stop paying crooks. american express pays .03 of 1% to -- you are 330 times as likely to pay a crook through the federal government than you are through your american express card. you can turn it around in 60 days. you would in 60 days save $1 trillion. i am happy to test the ryan plan but i would test it next year. i would say that anybody who is current leon medicare who voluntarily prefers on their own to go to a premium support system can do it next year. it is a great bill that says if you are successful and have money and would like to contract out, let's give you more freedom. the current medicare rule is more restrictive than the british national health care service. why should bill gates father be blocked from paying more if we wants to pay more. >> before we leave the medicare discussion, define the benefit plan or premium support. >> you go first, newt. >> that's only fair. here is the core problem. this is frankly why ultimately the mandate d