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>> HIS NAME IS IRVING KAHN.
106 YEARS OLD.
STARTED INVESTMENT BANKING
BEFORE THE GREAT DEPRESSION.
MORE THAN 80 YEARS LATER, HE
STILL GOES TO WORK EVERY DAY,
BUT HE TOOK A LITTLE TIME FROM
HIS SCHEDULE TO CHAT WITH OUR
OWN POPPY HARLOW.
>> HE JUST GOT BACK FROM THE
GYM.
TRAINING FOR THE MARATHON.
>> THIS MAN WAS INCREDIBLE AND
AN HONOR TO MEET HIM AND AN
HONOR TO HEAR HOW THE WORLD HAS
CHANGED AND HE HAS SEEN IT OVER
THE LAST 106
ST KEEP
GOING TO WORK.
WALL STREET 80 YEARS AGO.
ING
BELL AT THE
MAN'S GAME.
NOT THAT I WAS RICH.
IT WAS
FOR EVERYBODY.
>> Reporter: YOU'RE A VALUE
S Y,
>> Reporter: DO YOU THINK YOU
WILL LIVE TO BE AS OLD
TECHNOLOG.
RADIO, TELEVISION.
>> Reporter: DO YOU HAVE A CELL
PHONE NOW?
>> YES, I DO.
I DON'T
>> ONE OF THE MOST ENJOYABLE
INTERVIEWS THAT I HAVE DONE IN
ALL OF 2011.
YOU KNOW, IT WAS INTERESTING HIS
SON, TOMMY, WHO BY THE WAY IS 69
SAID TO ME, A LOT OF PEOPLE
THINK HE ACTUALLY DOESN'T WORK
BUT HE COMES IN HERE EVERY DAY
AND HE IS WORKING AND MEETS WITH
SOME OF OUR BIGGEST CLIENTS
ABOUT THEIR PORTFOLIOS AND
TELLING ME ABOUT SOME OF HIS
STOCK HOLDINGS, BUT THIS GUY
MAKES SMART INVESTMENTS.
I LOOK AT STOCKS THAT DON'T GO
UP AND DON'T GO DOWN AND THEY
PAY A GOOD DIVIDEND AND I RIDE
IT OUT.
>> WHAT A FUN GUY.
DOES HE EAT WELL?
>> HE LIKES THAI FOOD.
MAYBE THAT'S THE SECRET.
>> I HEARD HE EATS THAI FOOD
WHEN YOU GOT IN AND CHRISTINE
AND I WERE TALKING ABOUT THAT.
WHEN HE RANG THE BELL
PRESIDENT BILL CLINTON TEN YEARS
AFTER LEAVING OFFICE.
WHAT IS HE UP TO NOW?
42 MINUTES AFTER THE H
HALF THE COUNTRY IS GETTING
BLANKETED BY THE WINTER STORM,
BUT NICE OUT HERE.
>> 63 ON THE DAY BEFORE WINTER,
INTERESTING.
>>> THE SPECIAL SERIES THAT
SHINES THE SPOTLIGHT ON
CELEBRITIES AND,MORE
IMPORTANTLY, THE CAUSES THEY
SUPPORT.
ALINA CHO SITS DOWN FOR RARE AND
REVEALING ONE-ON-ONE INTERVIEWS.
>> PRESSURE'S ON.
>> COME ON, ALINA, YOU HAVE TO
DELIVER.
>> WE SPENT A LOT OF TIME OVER
THE PAST COUPLE OF YEARS TALKING
TO PEOPLE LIKE MADONNA, ELTON
JOHN, NICOLE KIDMAN.
WELL, HE IS NOT A HOLLYWOOD
STAR, BUT HE IS ONE OF THE BEST
KNOWN NAMES ON THE PLANET.
WE ARE TALKING ABOUT BILL
CLINTON.
FORMER U.S. PRESIDENT, FOUNDER
OF THE CLINTON FOUNDATION.
FOR A DECADE AS A PRIVATE
CITIZEN, HE'S BEEN USING HIS
INFLUENCE TO CHANGE
LIKES TO
JOKE THAT IT GAVE HIM SOMETHING
TO DO AFTER LEAVING THE WHITE
HOUSE, AFTER ALL, HE SAYS, HE
HAS A WIFE WITH A TRAVELING JOB.
>> WITH YOUNGER PRESIDENTS, THIS
IS A BIG CONCERN, RIGHT?
THE BUSIEST JOB IN THE WORLD.
>> A NEW PHENOMENON, TOO.
PRESIDENTS WHO HAVE BASICALLY
ANOTHER CAREER AHEAD OF THEM AND
HE'S A POLICY AND HE'S GOT THIS
MANIC ENERGY AND HE LOVES TO
TRAVEL.
>> HE FAMOUSLY DOESN'T SLEEP, AS
YOU KNOW.
HE SAID, I THINK THE SADDEST
THING IN THE WORLD IS TO TELL
WAR STORIES AND I DIDN'T WANT TO
SPEND THE REST OF MY LIFE
WISHING I WERE PRESIDENT.
THE INTERESTING THING IS YOU
LOOK AT THE IMPACT HE'S MADE.
400 MILLION PEOPLE IN 180
COUNTRIES.
HE'S BEEN TO 150 COUNTRIES JUST
SINCE LEAVING OFFICE.
JUST LOOK AT AIDS MEDICATIONS,
FOR INSTANCE.
HE WAS ABLE TO DRIVE DOWN THE
PRICES OF AIDS MEDICATIONS.
AS A RESULT, 4 MILLION PEOPLE
AROUND THE WORLD HAVE
LIFE-SAVING AIDS MEDICATIONS WHO
MIGHT NOT OTHERWISE HAVE THEM.
SO, IT'S REALLY, REALLY
REMARKABLE WHAT HE'S BEEN ABLE
TO DO BECAUSE HE'S PRESIDENT
CLINTON.
>> IT'S A GREAT LINE.
I BRING TOGETHER PEOPLE WHO KNOW
THINGS I DON'T KNOW AND DO
THINGS I CAN'T DO AND THAT'S
REALLY THE DEFINITION OF SORT OF
LEADERSHIP.
>> INCREDIBLY HUMBLE, TOO, BUT
HE IS RIGHT, ABLE TO BRING THE
GREATEST MINDS AND THE MOST
FAMOUS PEOPLE TOGETHER FOR THAT
CLINTON GLOBAL INITIATIVE,
GIVI
CHRISTMAS EVE AT 2:00 P.M.
EASTERN AND CHRISTMAS DAY AT
CA
CHUCKING A COMPUTER MONITOR OVER
A SIX-FOOT
I LOVE THAT SONG.
WHO SINGS THAT?
WEEZER.
>> ALL RIGHT, VERY GOOD.
>>> WELCOME BACK TO "AMERICAN
MORNING."
>> NOTHING SAYS CHRISTMAS LIKE
WEEZER.
>> THOUSANDS OF PACKAGES ARE
BEING MAILED OUT EVERY DAY.
BUT EVER
1st.
EVEN IF IT WAS OUR INTENTION TO
DO IT.
THE POINT I WANT TO GET TO, JOHN
BOEHNER CAN SPARE AMERICA AND 3
MILLION UNEMPLOYED AMERICANS AND
160 MILLION WORKING AMERICANS
GOVERNMENT TWICE, THREATENED TO
CLOSE DOWN THE ECONOMY, AND
WE'RE DENYING TO HALF OF THE
PEOPLE LIVING IN AMERICA A
PAYROLL TAX CUT
ASSUMPTION OF
SENATE DEMOCRATS.
THE INTERNAL POLITICS OF HOUSE
REPUBLICANS THAT HE SAYS HE LOST
CONTROL OF IT.
>> I LOOK AT IT AND SAY ALL OF
THE TIMES WE HAVE BEEN ON THE
CONFERENCE CALL.
THERE WILL BE OUTLIARS AND
DISDENTS.
LET'S GO AND FIGHT THEM UNTIL
THE BITTER END.
A VOICE OF REASON WILL PREVAIL.
A LEADER WILL STAND UP AND CAL
W
REPUBLICAN CAUCUS.
THE MOST CONSERVATIVE LEADERS IN
AMERICA REJECTED ARE ARE WHAT
BREAKS THE STANDOFF?
>> JOHN BOEHNER SHOULD
ACKNOWLEDGE THE
CALLING FOR A E
AND PASSING THE BIPARTISAN
MEASURE FOR THE SENATE.
>> CAN I ASK YOU A QUESTION.
YOU'VE BEEN AT THIS GAME FOR 20
YEARS IN THE HOUSE AND SENATE.
WE ALWAYS SAY THE WORD A NEW LOW
FOR BIPARTIS
LEADERSHIP, IS
THE FAILURE FOR SOMEONE TO STEP
UP, DISTINGUISHING THE TWO
PARTIES.
>> JOHN BOEHNER, HAS HOUSE
MEMBERS WHO ARE THERE.
AND
THE SENATE OVERWHELMING
BIPARTISAN RESPONSE.
T LADY LAURA BUSH BACK IN
2008.
COLLEEN CHRISTIAN BURKE JOINS
ME.
>> MERRY CHRISTMAS.
>> TELL ME ABOUT THE PROCESS.
HOW LONG IT TAKES AND WHAT YOU
HAVE TO GO THROUGH TO GET THE
WHITE HOUSE READY TO BE SHOWN
FOR CHRISTMAS?
>> IT'S ALMOST LIKE A MILITARY
OPERATION.
MBER.
THAT'S WHEN THEY START
100,000
PEOPLE THAT COME TO TOUR THE
WHITE HOUSE.
>> THE HOLIDAY DECORATING
TRADITION BEGAN REALLY WITH
JACKIE KENNEDY AND SINCE THEN
EVERY FIRST LAD
WAS GLITZY WITH
GOLD AND
T. STOLE THE SHOW.
>> LET'S TALK ABOUT THIS YEAR'S.
YOU MUST WATCH THIS NOW WITH
SUCH INNEWSIASM.
THE WHITE HOUSE THIS YEAR, WHAT
DO YOU THINK?
>> I LOVE MRS. OBAMA'S STYLE
REALLY HONOR THE SACRIFICE BEING
MADE.
>> THE BOOK IS CALLED "CHRISTMAS
WITH THE FIRST LADIES."
SO NICE TO SEE YOU.
ACTUALLY DID ONE OF THESE THAT
WHITE HOUSE.
THANK YOU SO MUCH FOR JOINING
US.
MERRY CHRISTMAS TO YOU, TOO.
>> MERRY CHRISTMAS.
ISSUE LINGER ANOTHER
DAY.
BOTH SIDES DOING MORE TAUNTING
THAN BARGAINING ON THIS
"AMERICAN MORNING."
>>> GOOD MORNING.
>> REASSIGNING MYSELF HERE.
>> GOOD MORNING, THURSDAY,
DECEMBER 22nd.
>> UNUSUALLY BU
LAMABAD BECAUSE
MILITARY HAS REPEATED THAT THIS
AIR STRIKE NEAR THE AFGHA
EXPIRE
DAYS UNTIL THE
ABOUT $1,000 AND
REAL DISPUTES AS TO WHETHER THAT
IS SIGNIFICANT OR INSIGNIFICANT
IN THIS ECONOMY.
WE JUST SPOKE TO JOHN McCAIN WHO
SAID TO A LOT OF AMERICANS
$1,000 IN A YEAR IS SIGNIFICANT.
IT COULD BE THAT YOU'RE BUYING A
NEW WASHING MACHINE OR A FRIDGE.
>> HE WANTS IT TO PASS, BUT AT
THE SAME TIME, HE SAYS HE THINKS
WE KIND OF MADE IT INTO A BIGGER
DEAL IN TERMS OF THE IMPACT ON
THE ECONOMY.
THE NEGATIVE ON THE CERTAIN
POINTED OUT
MANY TIMES, WHEN YOU PUT
TEMPORARY GOODIES INTO
LEGISLATION, NOBODY EVER WANTS
TO LOSE THEM.
TAX CUTS, IT'S VERY DIFFICULT.
A VOTE ON EXTENDING IT FOR TWO
MONTHS, WHICH WAS PASSED BY THE
SENATE.
EARLIER WE SPOKE
ITTLE BIT OF
BIPARTISANSHIP.
160 MILLION PEOPLE ARE BEING
CAUGHT IN THE CROSSFIRE.
>> BOTH SIDES WERE ABLE TO GET
THEIR
HARRY REID TO
NEGOTIATORS TO CONFERENCE
COMMITTEE TO RESOLVE THEIR
ISSUES.
THAT'S HIGHLY UNLIKELY TO HAPPEN
AHEAD OF THIS JANUARY 1st
THEIR OWN.
AIDES SUGGESTING THAT HOUSE
REPUBLICANS HAVE BOTCHED THE
POLITICS HERE AND THAT IS WHERE
A LOT OF THE FRUSTRATION IS
COMING FROM.
ALI, CHRISTINE.
>> KATE, THANKS VERY MUCH.
I KNOW YOU'LL BE ON TOP OF THIS
IF ANYTHING BUDGES OR MOVES.
>> IF THAT SLOW-MOVING TRAIN
GETS OUT OF THE STATION.
>>> PRESIDENT OBAMA IS HOLDING
AN EVENT TO KEEP THE PRESSURE
ON.
SPENT AN AFTERNOON ON THE PHONE
WITH CONGRESSIONAL LEADERS BUT
SPENT SOME TIME TO FINISH HIS
CHRISTMAS SHOPPING WHILE THE
FAMILY IS AWAY IN HAWAII.
DAN LOTHIAN LIVE AT THE WHITE
HOUSE.
JOHN McCAIN TOOK A SHOT AT THE
PRESIDENT ABOUT BEING SHOPPING
AND ABSENT AT
LL BE IMPACTED BY T
HAVING THIS EXTRA $40.
THE WHITE HOUSE HAS BEEN ON THIS
CAMPAIGN TO HAVE PEOPLE WRITE
INTO THEIR BLOG, TO TWEET ABOUT
WHAT THEY WOULD DO WI
OFFICIALS
THE WHITE HOUSE IN TERMS OF THE
IMPACT, BUT THERE ARE REAL
AMERICANS OUT THERE WHO WILL BE
HURT.
>> STILL REMAINS THAT OPEN
QUESTION, THOUGH.
VERY CREATIVE OF THE WHITE HOUSE
TO DO THAT.
GREAT IDEA TO SAY, WHAT WOULD
YOU DO WITH THIS EXTRA $80 A
MONTH OR WHATEVER IT COMES OUT
TO DEPENDING ON HOW MUCH YOU
EARN, BUT STILL UNCLEAR WHAT THE
GREATER IMPACT ON THE
ENVIRONMENT WILL BE.
>> ALMOST LIKE, DAN,
INTERESTING.
ALMOST LIKE GAS PRICES GOING UP
OR DOWN.
SOMETHING YOU FEEL RIGHT AWAY
AND YOU FEEL VISERALLY AND
AFFECTS YOUR DECISIONS ON A VERY
LOW LEVEL.
GAS PRICES ARE UP FROM WHERE
THEY WERE LAST
IS AFTER A 10-D
DIED FROM BACTERIAL
UED BY RECAL
SAY THE PRODUCT IS SAFE BU
AND NOT EXPECTED TO REPLACE
MANNING IS ACCUSED OF COMMITTING
ONE OF THE BIGGEST INTELLIGENCE
LEAKS IN U.S. HISTORY, IF NOT
THE BIGGEST.
>>> A LOT OF PEOPLE INTERESTED
IN THIS STORY, LATE YESTERDAY.
BANK OF AMERICA, THE LARGEST
BANK IN THE COUNTRY HAS
MORTGA
BETWEEN 2004 AND 2008 EVEN
THOUGH THOSE BUYERS QUALIFIED
FOR LESS RISKY PRIME LOANS,
WHICH WOULD HAVE BEEN AT A LOWER
INTEREST RATE.
>> PUTS THEM AT AN ECONOMIC
DISADVANTAGE AND COSTS THEM
MONEY SIMPLY BECAUSE OF THEIR
RACE.
>> ARGUABLY WORSE THAN NOT
GIVING THEM LOANS IN THE FIRST
PLACE.
EARLIER CHRISTINE
EDUCATION.
WHOLE CITIES SINK UNDER THE
WEIGHT OF FORECLOSED HOMES
BECAUSE OF BANKS OF BEHAVIOR.
>> NOW, ACCORDING TO THE JUSTICE
DEPARTMENT, THE MONEY FROM THE
SETTLEMENT WILL GO TO THE
BORROWERS WHO HAVE BEEN
IDENTIFIED AS BEING TARGETED FOR
BEING PUT INTO SUBPRIME LOANS
WHEN THEY SHOULD HAVE QUALIFIED.
>> COUNTRYWIDE FINANCIAL DID IT.
THE SETTLEMENTS.
>> BANK OF AMERICA IS TRYING TO
BE CLEAR ABOUT THAT.
WE BOUGHT A COMPANY THAT DID
THAT.
WHEN YOU BUY A COMPANY, YOU BUY
ALL THEIR PROBLEMS.
>> BANK OF AMERICA IS SETTLING
FOR THE PROBLEMS OF COUNTRYWIDE.
>> ONE THING THAT
POINTED OUT IS THAT THE DAMAGE
IS DONE.
COUNTRYWIDE WAS ONE OF THE
PARTIES THAT GOT THE BALL
ROLLING ON THIS FORECLOSURE
CRISIS.
GIVING PEOPLE MONEY BACK NOW,
THE WAY THE JUSTICE DEPARTMENT
HAS TO DO
HE FILM IS VERY, VERY.
I CAN'T WAIT TO HEAR MORE ABOUT
WINTER WARNING --
>> I'M A WEEK AWAY FROM MIAMPEP.
>> ALL RIGHT, WELCOME BACK.
>> WAKE UP, MIAMI.
>>> WINTER IS NOT ARRIVING
QUIETLY.
LOTS OF HOLIDAY TRAVEL TROUBLE
ON THE WAY AS ANOTHER WINTER
STORM BARRELS THROUGH THE
ROCKIES DOWN INTO NEW MEXICO,
EVEN INTO TEXAS.
A FOOT OR MORE OF SNOW EXPECTED
IN SOME AREAS.
MAUREEN McCANN OF AFFILIATE KMGH
JOINS US LIVE FROM DENVER.
WHAT IS IT WITH YOU CNN PEOPLE
WHO ARE ALL
CHRISTMAS, AT LEAST.
SO, THAT'S HOW THINGS ARE
LOOKING FOR THOSE GOING INBOUND.
FOR THOSE COMING HERE, AT LEAST
YOU GOT SOME SNOW TO ENJOY.
REPORTS OF 18 INCHES IN SOME OF
THE SKI AREAS IN THE FRONT
RANGE.
GOOD NEWS FOR THOSE COMING IN
AND ONCE THIS MOVES OUT, NICE
FORECAST FOR THE WEEKEND.
>> THE REASON WE'RE OBSESSED
WITH THIS BECAUSE IN SOME CASES
WE'RE A LITTLE J
RIGHTFULLY SO.
>>> REYNOLDS WOLF IS IN THE
EXTREME WEATHER CENTER AND WE
HAVE HEARD A LITTLE RUMOR,
REYNOLDS, THAT YOU HAVE A WHITE
CHRISTMAS FORECAST FOR US.
DID YOU MAKE ALI A MAP?
BY POPULAR DEMAND, YES.
HE COMMANDS
TORONTO.
ALI, I THINK I HEARD YOU SAY
SPENDING PART OF THE HOLIDAY IN
MIAMI.
>> THAT'S OKAY WITH ME, TOO.
WE WANT WINTER SNOW IN TORONTO,
NOT MIAMI.
THANKS, MY FRIEND.
>>
GUYS, TAKE A LOOK AT THIS, NICE,
DRY, COOLER CONDITIONS FOR THE
NORTHERN PLAINS.
THE STORMS INTO THE NORTHEAST
AND IN TERMS OF THE TEMPERATURES
26 IN THE TWIN CITIES AND YOUR
DELAYS, ATLANTA.
SEVERE WEATHER INTO THE
AFTERNOON AND DELAYS FOR
CINCINNATI, MEMPHIS, HOUSTON,
CHARLOTTE AND DENVER.
AGAIN, THE SNOW, MAGEDER LAYS
POSSIBLY UP TO AN HOUR.
WE HAVE THE SNOW FOR YOU IN
TAMPA, TORONTO.
TORONTO, NOT SO MUCH IN MIAMI OR
TAMPA, FOR THAT MATTER.
>> A LOT OF TWEETS NOW FROM
TAMPA ALL OF A SUDDEN.
WHAT?
A WHITE CHRISTMAS IN
TRADITIONA
DURING A RAFFLE.
>> AGAIN, THAT'S THE PART THAT
GETS ME.
I DIDN'T KNOW THE RAFFLE WAS