mike papantonio, the question is about how this ipo was marketed. were there categories of investors? >> well, there were. there were the haves and the have nots. there were the mom and pop investors who have to count on this for their golden years in retirement. this is not the first time that this story has been told. since 2003 you might remember wall street made a pledge. the pledge was, yes, we've been engaged in criminal conduct. and thank you for not throwing us in jail. in exchange we'll make a pledge to you. the pledge is we'll be self-policing. we're going to change the way we do business. that was in 2003. now we see the biggest ipo in decades take place and it's simply business as usual. it's two different world john. one more the insiders, the country club of wall street, where they make decisions behind closed doors. in this situation understand the broker analyst the morgan stanley analyst said, look there is no guesswork here. i can tell you that this ipo is overrated. you put too much money on this ipo in value. the only people who

we are going to talk to super lawyer mike papantonio this hour. he's going to have a lot of thoughts on the trayvon martin case and what's going on at the supreme court regarding healthcare. so we have a big, big hour.ú and the i. q. will go way up. less fart jokes and more, you know, legal stuff. >> i do what i can, but i'm really -- you know, it's the yoeman's battle here. i'm fighting ising so hard. >> sure. sure. >> it's hard to win against stephanie's farts. >> hi, mom. this is my friend al. okay. now some real news from our relate friend, jackie sheckner. >> we will try to raise the i.q. rating a point or two. we first of all, want to take a look at some new polling that has president obama up in some key swing states. he's beating mitt romney in florida, 49 to 42. he has six six points in ohio and three points from florida. the two were tied two months ago. he does well with women. another reason as the economy goes up, so do president obama's ratings. so that would be why he's on a roll right now. just two months ago, of course they were

papantonio, let me start with you. you have been involved in the litigation in florida. what is going on there. what is rick scott trying to do? and will he get away with it? >> i think the most important thing is if you are a supervise of e elections in florida right now, you have some things to confront. the u.s. justice department has told you if you are a supervisor of e elections that what you are doing by purging these rolls is illegal and to stop it immediately. >> that's the first thing you have to confront second of all, your own attorney, the very people you have hired as general counsel to advise you statewide as to whether or not you are going to do this on is legal or not, he has told you to stop immediately. he said that for a couple of reasons. first of all, you are not complying with the law as it's written in the voters' rights act. you haven't gotten prior permission to engage in this purge, and more importantly, more importantly, governor, you have a situation where you are 90 days out. that area that you have to do this has passed. >> right. >> so wit