tv After the Bell FOX Business April 13, 2018 4:00pm-5:00pm EDT
charlie in the segment before brought up something to potentially worry about. [closing bell rings] stay with the fundamentals and with those opportunities. liz: thanks very much hank smith. haverford. have a great friday. david: too bad there is not much news to report. melissa: my gosh, we haven't had a moment's break. david: stocks falling slightly. ending the day off 1 is 5 points to the downside. s&p and nasdaq all in the red. all major averages higher for the week. that is good news on this friday the 13th. i'm david asman. melissa: i'm melissa francis. this is "after the bell." we have more on the big market movers. here is what else is happening this hour, wow. breaking the inspector general for the justice department releasing the explosive report that led the firing of former fbi deputy director for his leaks to the media and lying about them ahead of the 2016
election. the details you need to know about all that coming up. plus the gloves are off. james comey taking on president trump. the president fighting back, big shocker there. the latest on the battle only just beginning. shocking revelation, the former fbi director hinting at a secret would have cast serious doubts on loretta lynch's ability to handle the hillary clinton email information. teasing information that is still unknown to the american public. our guests alan dershowitz. judy miller, and author and journalist who went to jail for not revealing her sources in the scooter libby case, if you remember. today president trump is issuing him a full pardon. she joins us live in this hour as well. how will we have time? david: we have breaking news partly out guests.
results for big banks sending markets to the upside but then falling. phil flynn, price futures contributor and unfortunately oil is continuing to go up. nicole petallides on floor of new york stock exchange with the latest. nicole we have done a lot worse in recent days. 122 is still a triple digit loss. what happened? not huge volatile days we see the huge 700 point swing. everybody take this is for a friday. general electric, exxon among the winners. the dow 24,360. nasdaq also pulling back. here are dow laggards, financials. despite the fact that jpmorgan, citigroup, wells fargo beat the street they failed to impress. goldman and jpmorgan are laggards. they talked about the yields, the spreads between the two year and 10-year, very narrow.
that hurts bank profits. looking at some of the others that you see there, wells fargo also to the downside by 3 1/2%. next week 21 names in financials will be reporting. we'll watch for that. you can see some of the others, more regional banks came under pressure. you can see keycorp, fifth third, zion's bank to the downside. for the week we saw down arrows for today but higher for the week. the dow, s&p each up about 1.8%. nasdaq up 2.8%. so not a bad week despite all those headlines. we had a lot of headlines from paris to russia, to syria. we made it through. back to you. melissa: nicole, there you go. phil, oil is up more than 8% this week. the best week in nearly a year-and-a-half. talk to me about it. >> i think we're worried about syria but we're also worried about supply and demand. if you look at this, this is a three-year high for the price of oil.
interestingly enough at same time we got a report from baker hughes about the u.s. rig count. it was up seven. that is also at a three-year high. you put two things together, what we're seeing these prices are being driven by demand. these are the highest prices we have seen since opec declared a war on the u.s. energy producers trying to put them out of business. we have to go to gold today. yesterday nobody wanted gold. today it bounces back. i'm beginning to think the yellow metal should be in the form of a ping-pong ball because that's what we've been seeing on gold. when you go into a weekend with concerns about geopolitical risks, concerns about a trade war, gold is a safe haven. whether it will be monday that is the question. melissa: tells you how people want to square up beef the weekend and how it is higher. thank you, fill. david: what is happening with trade, president trump is considering reentering the trans-pacific partnership only
under the right conditions, tweeting out quote, would only join tpp if the deal were substantially better than the deal offered to president obama. we have bilateral deals with six of 11 nations within tpp we're working to make a deal with the biggest japan, who has hit us hard on trade for years. we have jack hough and kelvin kelly. jack, i'm not joking ping-pong of moves on trade what we're trying it do is drive the chinese crazy. one day we say we'll make a deal. next day we say we are not. next day we say we are. it is possible we may make a tpp deal, which would include all the asian nations except china. what's happening here? >> well the translation of what trump said, i didn't know what the thing was. i didn't read it. i was trying to erase everything having to do with obama from the history books but it turns out if we get into a tariff spat from china it helps to have
leverage. they do a lot of business in that world. we had a trade deal created by a man named barack obama. maybe we should get into that thing t could help right now. david: kevin, i'm almost certain what jack said is not true. i don't know for a fact that he read the tpp but the fact that what he is doing is cagey negotiations. that is why the markets are confused. one day they're up300. today they're down 100 because of pushback from china. this is a negotiating process. >> this is negotiating process especially what happens in the south china sea. japan has a stake there and seeing china ramp their efforts. guess what? japan will strike a better deal when it comes to trade with the u.s. that is all that really matters about this the tpp is predicated on japan and united states. guess who will come around on that? japan. it will be better for american manufacturers and american consumers, you can mark my words. melissa: putting the heat on
amazon, president trump ordering a federal task force to investigate and study the finances of the u.s. postal service. jack, i feel like this has something to do with amazon? >> yeah the president says the post office is giving away the store to amazon. the problem is the former postmaster general went to ubs in a meeting, said that business is solidly profitable for the post office. this is a man who ran the postal service for 35 years. so i can either take his word for it or a man who started life with a couple hundred million dollars and took his businesses bankrupt four types. i will go with the post office guy i think. melissa: you're willing to take someone at their word, opposed kevin, having audit looking at finances? because the bottom line the place is losing a ton of money. the priority mail is the only good thing they have going. maybe they had a good deal with amazon. at this point amazon being the clever monkeys that they are figured out how to make a profit off the poe office but maybe it doesn't make sense anymore but why not audit and figure out
what the hell is going on out there? >> melissa, you're hitting the nail on the head. our usps network is worth more to amazon. melissa: yes. sell it to them. >> exactly. they need it more than we need them. they will cater to them. it depends on the last mile and delivery system and the industrial complex is not built up on the warehousing side to deliver the packages. they need usps to deliver those packages. glorified health care system. melissa: the push. >> the nail on the head is "washington post." this is all about the news, not saying nice things about trump. >> this is about crony capitalism and we're subsidizing amazon. crony capitalism subsidizing amazon delivering packages. >> that was fun. your turn. david: trading week higher and the company doesn't expect its privacy scandal to impact it is bottom line. gerri willis live in the newsroom to explain why.
hi, gerri. >> david, that's right. initial reports of facebook hey, doing very well indeed in the wake of the cambridge analytica scandal and that subsequent two-day grilling on capitol hill, a senior marketing executive saying this at "wall street journal" conference in london yesterday. quote, we have not seen wild changeses with behavior that people said they woken share any data with facebook anymore. furthermore facebook says their revenues are not suffering. companies often try to put the best face on bad news, in this case it seems to be true. one firm that tracks ad spending says that facebook logged week to week ad spending gains of 7% and 14% in march after the data breach was announced, so much for that hashtag delete facebook movement. some questioned whether facebook made it too hard for users to cut the tie my sources say the company already is removing old third party apps from user's feeds. an editor at the tech news website mashable says this,
quote, people quote, are not resetting privacy settings because they don't care. we want free services that work well and i think most people understand the basic tradeoff. meanwhile the stock keeps trading higher up about half a percent today to raise ceo mark zuckerberg's stake 3 million. david: most people napped facebook. facebook under understands facebook. it is clear politicians don't have a clue what facebook is or how to regulate it. melissa. melissa: breaking news. house speaker paul ryan endorsing kevin mccarthy the current house majority leader to succeed him as speaker in an interview with nbc. this is the report ryan is stepping down from the position at the end of the year. i don't know. i thought scalise was in there, we have scalise and jim jordan looking for the job. melissa: that is very interesting. we'll see what changes and what happens there. a lot of news.
david: breaking details on the department of justice inspector general releasing its report moments ago that led to the firing of ex-february by director andrew mccabe. president trump making comments on the report. what the president is saying now. melissa: and it is untruthful slime ball, the war of words escalating between president trump and former fbi director james comey. coming up howard kurtz fox news media analyst, not a slime ball at all. david: no way. melissa: he will sound off. david: the world is watching and waiting for a military response. u.n. inspectors making their way to the site of the gas attack in syria as the white house says all options remain on the table. melissa: full pardon for vice president dick cheney's former chief of staff, scooter libby. pulitzer prize winner, judith miller went to jail for not revealing her sources in the case and joins us live later in the hour. ♪
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david: breaking news on a breaking news today. former firing of deputy director andrew mccabe and now the president responded. adam shapiro in the newsroom with very latest. reporter: look at andrew mccabe because he was fired last month but this all is about the disclosure of the fbi's investigation of the clinton foundation. now mccabe initially told the inspector general's office that he did not authorize a leak, if you would call it that, to a "wall street journal" reporter when in fact he did. so the president has tweeted or is the cretted a screen tweet, doj issued the mccabe report which is a total disaster, he, this is the street, he lied, lied, all caps exclamation marks.
mccabe is comey, exclamation, exclamation. no collusion, all made up by this den of thieves and low-lives. lowlifes. through anonymously sourced quote, recounts the content after phone call with a senior department official in a manner designed to advance his personal interests at the expect of department leadership was clearly not within the public interest exception. they say in the report that he lacked candor in so doing. one thing you should know is that mccabe's attorneys issued a statement saying the termination of mr. mccabe was completely unjustified. the president in his screet. he lied, lied, lied, all caps. david: adam shapiro. what can you say? melissa. melissa: wow. here now on the phone to react to this is james freeman from the "wall street journal" he is also a fox news contributor. so what strikes me about this
story james, here you have somebody from the fbi somebody eloquently put unloading inventory to the media, not, not that he didn't have a right to do that but that he was clearly doing it for his own personal purposes that had nothing to do with the job or law enforcement. they found this as the ig said, he was only doing it to make himself look better because everyone was suspicious that he was getting so much money from the democratic side that he was pushing hillary clinton's case. he went out and damaged her in the paper for his own edification, what do you think about that? >> yeah. that is certainly a case he can make from this document. by the way at "wall street journal" we do encourage all government officials to unload their inventory with us. melissa: [laughter] >> really striking this lack of candor over and over again. that is perhaps somewhat of a euphemism here because the
offense, various offenses listed in the fbi code of conduct, it is, prohibitions on quote, knowingly providing false information. these happened both under oath and not under oath and, part of what's happening here is, as far as the inspector general is alleging is that mccabe was not only dishonest with inspectors both from the fbi and the justice department but also with comey. that he misled comey about, or authorizing the discussions to "the wall street journal" and, and you put it in the context, this is happening at the time when the journal is reporting, raising questions, given the all the money going to mccabe's wife's campaign from terry mcauliffes or entities he
controlled and there is this back and forth going on in the new york field office they see problems at the clinton foundation. they want to go after it. washington is restraining them and, it is a question here was mccabe trying to position himself as not the one telling new york to back off the clintons? melissa: yeah, that's very interesting. it is also, if you take one more step back, you know we're looking at this was comey's fbi. you know where he has someone -- >> yeah. melissa: who is lying to him and who is lying about what he's doing and you know, here comey in this book and everywhere else is trying to paint himself as this super boy scout and this patriot, a martyr, and a hero, all these things, meanwhile he is running this organization where there are all these problems with honesty and motives and if you don't have that at the fbi, that's really tough. i mean that is what they're
supposed to be sort of enforcing is the rule of law and truth and justice and you know all those boring old-fashioned things. >> i think this is raising all kinds of questions for comey. you remember in january he tweets out that mccabe stood tall while small people are trying to tear down this institution of the fbi. talked about how mccabe served with distinction. the inspector general's report says at one point comey kicked mccabe off of a phone call because he didn't think he ought to be in on apparently the clinton investigation because he may have been conflicted given the donations to his wife. obviously this is all stuff we probably would have liked to hear at the time but it does make you wonder why is comey since then speaking so highly of mccabe. melissa: yes, it does. maybe that is the next chapter. we'll see. we have catherine herridge reading all the feet notes. she is -- footnotes, so there is
more good stuff to come. james, thanks for jumping on the phone. david: we're talking with alan dershowitz about the rule of law. sparing no one, jim comey out with a new book. he is not holding back, leveling harsh criticism at a former attorney general, talking about loretta lynch. plus the world waiting to see whether the u.s. and russia will come to blows in syria. details up next. rebecca heinrichs, a senior fellow at the hudson institute, breaking down the increasingly tense situation. ♪ how do you win at business?
stay at la quinta. where we're changing with stylish make-overs. then at your next meeting, set your seat height to its maximum level. bravo, tall meeting man. start winning today. book now at lq.com melissa: the war of word continues. president trump slamming former fbi director james comey and details on his new memoir out last week. with details is our own edward lawrence. reporter: melissa, this is becoming intensely personal. the white house portraying comey
as an ex-employee with an axe to grind. the book will be released last week. in it, there are salacious details talking about sex and where comey is critical about the president's mental state. he says in the book that the president is unethical an an untethered to the truth and and. the president firing back against comey calling comey a liar around he is a leaker. that comey is a untruthful slimeball, and terrible director of the fbi. words reiterated by press secretary sarah sanders. >> this is nothing more than a poorly executed pr stunt by comey to rehabilitate his reputation. comey will be forever known as disgraced partisan hack that broke his sacred trust with the president of the united states, the dedicate the agents of the
fbi and the american people he vowed to faithfully serve. one. president's greatest achievements will go down as firing director james comey. reporter: sanders says comey has a tough reputation here in washington, something he is trying to repair there. sanders spent a lot of time in the briefing today listing out reasons why the white house believe comey's a liar. melissa: at some point or another everybody called him that word. david: here is howard kurtz, fox news media analyst, host of "mediabuzz," a great show on the weekend. howie, seemed a lot to me, has so far, i haven't read the book, seen excerpts an interviews on television, like the stormy daniels interview on "60 minutes," the hype was bigger than delivery. seeped that way to you? >> so far i'm not seeing any dramatic bombshells what we know about jim comey's book. interesting to hear sarah sanders say one of the president's greatest achieve means to firing him, led indirectly to the mueller
investigation. i'm seeing a lot of cheap shots and talking about president's appearance and so forth. interesting stuff about the hillary clinton email investigation but you know, by going after comey like this, they probably boosted his book on amazon a few notches. david: by the way, there were 800,000 advanced copies printed up, which is enormous for those who know the publishing business, it is almost unprecedented. there was one exchange that fascinated me, so far the only person besides myself shown any interest in it is rush limbaugh, between stephanopoulous and comey. i want to play that exchange. get your reaction. go ahead. >> did you tell him that the steele dossier had been financed by his political opponents. >> no. i didn't, i didn't think i used the term steel dossier i talked about additional material. >> did he have a right to know that that? >> that it had been financed by his political opponents. i don't know the answer to that. it wasn't necessary for my goal which was to alert him that we had this information. david: not to alert the
president of the united states that another party had used all this salacious information which had been used by the way as basis at least in part for a fisa warrant against him, that this was, this was opposition research from the democratic party using -- he didn't think that was significant? i find that extraordinary, don't you? >> i do, around i think the exchange is very significant. i give stephanopoulous credit for asking that question. of course this is part of an hour-long prime time interview on abc. we'll see how he does in the overall interview. my sense from early reviews, early commentary and coverage mainstream media, former fbi director calling the president a liar are almost embracing the comey indictment of donald trump because many of its members agree with it. it will be interesting to see whether as much attention is paid to the loretta lynch meeting, his letting the election probability influence his decision as he admits, comey
admits in the book about the hillary clinton email investigation and some other less flattering matters. david: amazing how that was passed over. finally on mccabe, the information coming out why he, the inspector general report. once again the narrative he was fired, this was done practically alone by donald trump against mccabe. it is clear now that there was a lot of significant evidence that led to his getting fired that was used by the inspector general, by all of the people at the fbi that were involved in his firing, by the justice department himself. is there any, going to be any kind of mea culpa from the media on this? >> in fairness most journalists didn't have the information. i wish the ig report had been put out at time if was possible, there was war of words between mccabe, former number two at fbi and the president and mccabe painting himself a victim. donald trump was tweeting against him. the president wanted him out. having this information about him misleading the fbi certainly casts a whole different
narrative here. david: but i'm going to answer my question. there will be no mea culpas from the media. i just had to throw that out there. howie, great to see you again. thank you so much. you can watch howie's show, media buzz, every sunday at 11:00 a.m. there will be a lot of details about the comey book and all the other media stories breaking this week. thanks, howie. melissa: a quick check on the market stocks falling but ending well above session lows dragged down by weakness in the financial sector. good news all major averages are up for the week. that is something. we like that. >> substantially. a pardon for a member about bush administration. judy miller went to jail to protect scooter libby. he is the guy who was pardoned. she joins us later in the hour. you don't want to miss this. melissa: president trump's lawyer working double-time to keep the fbi from using seized materials from his residence? does he stand a chance? harvard law professor alan dershowitz responds. that's next.
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be relentless. 10 miles on every dollar they spend at thousands of hotels.e giving venture cardholders brrr! i have the chills! because of all those miles? and because ice is cold. what's in your wallet? melissa: the world waits the u.s. and its allies readying their response to the chemical weapons attack in syria which they now feel confident did happen. >> it is the assessment of the u.s. government, the british government, the french government, i can not speak on their behalf but we've all been having conversations and sharing information, intelligence
included, and we can say that the syrian government was behind this attack. we believe we know who is responsible for this. we believe we know that chemical weapons was used. melissa: the president weighing his options as he confers with allies on how to handle the crisis. now here is rebecca heinrich, senior fellow at the hudson institute. rebecca, what is your take where we go from here? what are the options. >> you know, we've got two very strong, good impulses coming from the u.s. government right now. the first one i'm very sim the threat tick too, we have got -- sympathetic to. it has to cause assad to regret that he did it. it has to be strong he won't do it again. the heart of deterrence. the punishment won't be worth any gain, give the rebels to give up the particular area to attack with chemical weapons. in that regard he was successful.
the other impulse that was good, the united states does not want to create a situation in which we're escalating our military's involvement in the region. we certainly don't want to be having an all-out war with russia or the iranians over assad. those two things, how we accomplish the first without doing the second thing. melissa: is a pretty tough needle to thread. that is where the tensions are, those folks, you watch this video, he has gotten very bold, the quickest to clear out an area with people that don't like him use the horrible weapons and how long can people stand by to let it go on. on the other happened we're spread so thin. when do you want to send people in? you want to stop iranians and russians getting a strong hold there. how much weight would the rest of the world would they carry and willing to carry and why scent they done it up until now? >> on this particular issue thankfully we have a strong
coalition with the brits and the french. they are absolutely with the united states, that with the impulse to actually do something. and i want to make another point to your viewers because i know there is some confusion. this isn't just a response to avenge these poor children and women and men who were victims of this chemical weapons attack although that is an important thing but we're not just policing. it is because chemical weapons are in a category of weapons all to themselves is. they are inherently terror weapons. they were abolished since the end of world war i. we have drawn a line saying we will not abide their use. because if we do, they become normalized they will be used against american forces. they will be used against civilians, where the united states is all over the world. remember, north korea is watching. north korea, there has been a u.n. report that the north koreans have been assisting syrians with a factory that produces chemical weapons. that is something we're
communicating here. it is in our interests and also a matter of justice. melissa: rebecca, that's a great point and there are so many different balls up in the air on this particular story. people don't make that one enough. thank you for doing that for us. we appreciate it. have a great weekend. david: interesting weekend. some breaking news. more breaking news, president trump calling michael cohen on the phone to quote, check in as their lawyers went to court overseased documents earlier today according to "the new york times." here now to react is alan dershowitz, harvard law professor. what an extraordinary time we live in, professor. i'm thinking of all the information that prosecutors and the fbi now have because mr. cohen worked with mr. trump for decades. all the business documents, all of the bills, all of the notes and information that those investigators now have, who is going through that information right now and is there anyway to guaranty it won't be leaked to mr. mueller who shouldn't have access to all of that?
>> there is a 100% certainty it will be leaked already, today we've seen some leaking about information regarding republican fund-raiser and his affair with some playmate. leaking is inevitable. when the director of the fbi comey leaks information and launders it through a columbia law professor, and then writes a book in which he leaks information that he learned in confidence from the president we have to understand leaking is part of the way the justice department operates and has always operated. david: if this information, forgive me, if this information has leaked doesn't that pretty much destroy the lawyer client privilege in the united states and isn't mr. mueller responsible for that? >> it already has been destroyed even if it doesn't leak. as soon as fbi agent reads material that is lawyer client privilege the sixth amendment has been violated and the fourth amendment has been violated.
i'm against tank teams. i'm a favor of having a judge appointed to go through every communication, to make sure not a single communication gets to any prosecutor or fbi agent, that is even arguably privileged or covered by either the fourth or sixth amendment. that is not the way it is operating today. we have fbi agents assisting them as the tank team. what would they do if they allowed people to read classified material? they wouldn't never do that under the constitution this is as important as any classified material. they're doing this in sloppy way that is not protected. david: one the cornerstones of the rule of law in the united states. you justifiably criticized aclu. you used to be on the board of the aclu. instead of defending rights of innocent people in this case, they're defending actions of mr. mueller. >> it is unbelievable that the american civil liberties union has lost its way. used to be at least one
organization would always stand up for the right of innocent clients. remember what is done to clients can be done to patients to doctor relationship to penitence and priest penitence relationship and spouse, and spacial privileges. aclu is saying that is okay, as long as you get donald trump we don't care about civil liberties. trumping everything is getting trump. that is the aclu. the aclu received my last contribution. i was a proud member of national board. i sat on the local massachusetts civil liberties union. went to meetings there. but today the civil lib -- liberties union as become a end to simcivil liberties and supporter of gotcha politics. david: you have been to the white house a couple times this week. a lot of people will wonder while you end up on the president's legal team. what do you say to that?
>> no. i went there to advise his staff people who are working on the middle east issues. i spent many hours with the staffers in in the middle east. the president invited me to a short dinner, hour and a quarter, hour 1/2. i'm not going to be his lawyer. i want to remain independent. to be able to explain the law to people, defend civil liberties. there are just a few of us now are there to defend civil liberties. the aclu can't be counted on and others can't be counted on. i think my role has become ever more important defending in apolitical way everybody's civil liberties. david: alan dershowitz. great to see you, alan. thanks for being here. appreciate it. melissa: the book of bombshells. jayjames comey's new book hinting at damaging material on loretta lynch and her handling of the clinton email investigation. details on that next. ♪ d we leave now?
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decision on hillary clinton. former fbi director revealing in his new book classified information would have quote cast doubt on ex-attorney attorney loretta lynch. we have a former george w. bush staffer. this is essential comeyness. he felt obligated to take a more personal role as public face to the investigation rather than deferring to then attorney general loretta lynch in something he involved with lynch crip i cannily strollment still unknown to the american public to this day. i have dirt, i will not tell you. but i have to get a hero to get involved. she is dirty by can't tell you why. what is your take on this? >> i think comey's sleeze bag. i think, if he had -- melissa: you feel that way. >> look, if he had evidence as the fbi director it is incumbent upon him to bring it forward and to protect the rule of law.
he clearly did not do that he also leaked information for his own personal gain while he was the fbi director. this is a salacious book. it is written to get even with the president and to rewrite history. guess what, he is not doing it for any altruistic benefit, he is doing it to make money. he is with the washington speaker's bureau. makes 100,000 a speech in addition to the book advance. this is about getting even. this is about rewriting hive. this is about protecting comey at the expense of the american people. he did not do his job. melissa: so you know, kind of, if you're out there to sort of be a hero on the speakers tour he make as buck 25 a speech, 10,025,000 i heard, i have no idea if that is true 125,000. that is he has the book advance and rake it in, god love him, but at this point hasn't he kind of alienated everybody? everybody has called for his head at one point in time. as soon as he say something you
like, when they quote him, what about when he said this about this other person, well he was lying then. you can't have it both ways with him. is he ultimately successful in this realm or always somebody wants to buy whatever he is dishing or what do you think? >> i think this book is being panned. he being panned. why is he surprised it is being panned? because the book is a get-even book. it is totally self-serving. there is not a scintilla of evidence brought forth in this book that we didn't already know that was out there including what you said about loretta lynch. he claims that there was some untoward behavior but doesn't tell us what it is. look, this guy is trying to protect the reputation that is already been sullied. the democrats don't trust him. republicans don't trust him. he has a small circle of friends. as a matter of fact he had a dinner the other day with, you know what the name of the dinner was? it was something with nazi group
or something? this guy -- melissa: i don't know about that. >> yeah, it was admitted today by a participant who was at the dinner. that is what they called it. melissa: brad blakeman. appreciate your time, david? david: it was an extraordinary pardon day. scooter libby was pardoned by the president causing media uproar. judy miller went to jail for refusing to reveal libby as confidential source. judy joins us after the break. this wi-fi is fast.
his frustrations but beyond that i don't have anything else. david: that was not the right sound bite. we were looking for sarah to say in fact, judy miller, the former "new york times" writer who is our guest right now who spent almost three months in jail to protect scooter libby as her source in a case that cut to the heart of our first amendment and powers of special counsel is finally vindicated after all this time. she wrote a book in which she called for the pardoning of libby which finally happened today. here is judy miller, pulitzer prize-winning journalist, proud to say a fox news contributor. you were one of several journalists who were at the heart of the scooter libby's conviction. you were the only one who went to jail. why is that? >> i just felt, david because i covered weapons of mass destruction and national security topics and i had to talk to intelligence people all the time who weren't supposed to talk to me that i had to have the trust of the people who i interviewed and who shared
confidences and facts with me. i had to be able to protect them. and i couldn't go turning over notebooks. the prosecutor wanted all of my notebooks and wanted everything i had in this case and more and i wasn't prepared to do that. david: okay the prosecutor, was a special counsel. his name was patrick fitzgerald, there is a question about whether he abused his authority or somehow manipulate the the facts in order so get you to say something, explain. >> i believe he did. i think prosecutors believe they have truth and justice on their side and they sometimes push too hard and basically he had information about something that had confused me, that i had written in my own notebook. he knew that valerie plame had used the state department as her cover and -- david: for those, just very, very briefly, to put it in a nutshell what happened here is scooter libby was charged with leaking information to somebody who was highly critical of his
role with the state department and the vice president. his wife happened to be a cia agent and accused of leaking that information to you. >> i believe at the time he did, and my memory was fuzzy and i couldn't make out my notes. i subsequently discovered that he knew, he had information that would have helped me decipher my notes and make me understand that scooter libby could not have been the source. david: now we don't have much time, judy, but the special counsel, patrick fitzgerald, what makes this fascinating was timing of all this he was appointed by none other than than jim comey whose book comes out today. >> right. david: it focuses on problem of overreach by special counsels. do you think that is why president trump gave the pardon today to scooter libby? >> david, i can't get inside of the president's head or about to explain or defend, tell you about his tweets. i can just say that he said, the
white house said in a statement that they had, the president had concluded that scooter had been, libby had been treated unfairly, and if he got that from reading my book, and i don't know i didn't have any conversations with the white house about that, if he concluded, then i'm glad i wrote the story. i'm glad i wrote my book and i'm glad that mr. libby has gotten some justice and vindication. david: i'm glad you were vindicated yourself. >> thank you very much. david: judy miller. thank you very much. melissa, over to. >> if you're spooked this friday the 13th, you're not alone. investor on wall street may be too. we'll explain the "freaky friday" trend coming up next.
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fridays during the year. melissa: we needed to tell them that this morning. david: we needed to say that before we begin any of the news because its been an extraordinary news day. not all good but we thank you for joining us. melissa: have a terrific weekend risk & rewards starts right now. liz: stocks falling today as several big banks weighed down the major indices on the final day of an otherwise strong week this as former fbi director james comey started his press tour for his new book, slamming president trump. the details coming up. today big banks reporting big earnings, including jpmorgan, ci ti, wells wells fargo, tonight what it means for your bottom line plus no big deal. a facebook executive now saying that the social media company that leaked the personal information of millions of americans that facebook does not expect to lose a dollar in ad profit or even users even after america's privacy concerns coming up though we have a guest