country superstar. >> i must tell you, tammy wynette is hopping mad. >> and meet the patron with a $2 million toy train set. my interview with the arizona police chief defending his officer for ramming a suspect with his car. as minimum wage protests erupt across america, i'll talk to the ceo setting his company's minimum wage at $70,000 a year. "all in" starts now. good evening from new york, i'm chris hayes. hillary clinton made actual real bona fide news today, announcing a new position on a divisive national issue. it was clinton's second day on the campaign trail. she was in the caucus state of iowa, with reporters taking any opportunity to hit their deadlines. that's peter nicholas sitting in a field with his headphones. clinton started her day in a little diner of marshall town where she chatted with owners, activists and small business owners. >> great to be here. hi, how are you? hello, everybody. >> i'm running for the presidency. >> i hope so, too. >> it is fun. >> clinton then toured a food distribution company in norwalk, iowa and conducted a small business roundtable. >> unfortunately, the deck is still stacked in favor of those at the top, and we need to reshuffle the cards and begin to play a different hand. a hand that includes everybody. >> when are you open? when is your bowling alley -- i'm going to be in iowa a lot >> as for that news i mentioned earlier, her campaign today said the campaign supports marriage equality. the supreme court preparing to rule on same sex marriage, clinton's message may seem like a no-brainer for a presidential candidate. it reflects an important shift. she came out in favor of same sex marriage in 2013. until now, her position has been that individual states should decide if marriage equality should be legal. now, she's calling on the supreme court to rule it a constitutional right for all. in the absence of clear competition for the nomination. clinton continues to rack up endorsements. 28 out of 44 have endorsed her, she's secured endorsements from 65 democrats in the house. joining me now, joy reid straight from the clinton campaign trail in iowa. the marriage equality news strikes me as significant if not unexpected, but again, this is a genuine shift in position. it was not the position she has normally. also a pretty important thing to say in advance of the supreme court ruling. >> absolutely, chris, i think what you're seeing is this wholesale recalibration of the entire hillary clinton brand from new democrat to the left. she's trying to get closer to the elizabeth warren brand. in addition to that, you're also seeing this recalibration away from some of the bill clinton quite frankly legacy, you've already had don't ask don't tell go down. you know, bill clinton is also the president who signed doma. you're having hillary give herself a kick off from that part of bill clinton's legacy. as you said, these are the positions she needs to have in a democratic primary. >> to the extent that it's discernable. i wonder what you feel like the atmosphere is there in iowa. i feel like there's a certain -- we called it the other day when she announced the news and opposite of news. >> it wouldn't have moved it in any direction. you know, if in some sense, i think there's a media frenzy, and an eye rolling about the pro forma nature of it. i wonder if on the ground people are excited that hillary clinton's in town? >> yeah, i mean, if you start with the most cynical and work your way back, i think that you definitely have a fair amount of, okay, we knew this was coming, i have to tell you, in the room when hillary clinton was at this town hall at a community college yesterday in monticello, the tiny little town of 3,500 people. even the most cynical part of that room, this was pretty smart, and she did a good job, she was very personable. very self-afacing, very awe in message. one of the things that has been different this year versus 2008, this woman is on message, she sticks with her, i'm going to be a champion for americans and sticks with her middle class message. you go to the other side, to iowa voters who are savvy shoppers, they know what they want to hear. they meet all the candidates, they know they're going to get courted by everyone. what we heard is a lot of people saying, it will be great to have a woman president, that was universal, whether people liked hillary clinton or didn't like her. you didn't hear a lot of spontaneous talk about things like the e-mail. that was something if you brought it up, people might have talked about it, for the most part, what i heard was openness to what she had to say. people were not coming at this cynically at all. i'm open to her, i want to hear what she has to say. >> the strangeness is born out of the fact that you have someone who is as big a figure in national politics as exists doing the thing that every candidate does, which is these small retail events in iowa. those clashing together is the veep like nature which seem like they're downright out of the hbo series. joy read, always a pleasure. >> thank you, chris. >> there are legions of people who hate hillary clinton. and the reasons they hate her are wide and deep and bizarre take this gentleman, captured by alex waltz who on a weekday got a sign made up that reads "i bet monica could handle two e-mail accounts." and decided to hold that sign in a field in iowa. it's a throw back to the era we've been revisiting each night this week. with a brand new episode for you, stand by your man gate. >> i have acknowledged wrongdoing, i have acknowledged causing pain in my marriage. i have said things to you tonight, and to the american people from the beginning that no american politician ever has. >> january 1992. questions surrounding bill clinton's personal life were dominating the news cycle. both the candidate and his wife agreed to sitdown for a post super bowl interview with "60 minutes" that almost ended clinton's quest for the white house. it would turn out the most memorable sound bite of the interview wouldn't come from bill clinton, it would come from hillary. tonight's episode, stand by your mangate. with the democratic primaries in full swing, america was learning more about a woman named gennifer flowers. >> no one wanted this presidential campaign to get sidetracked by stories of an extra marital affair, tonight that's what happened, allegations against arkansas governor bill clinton. >> she told a supermarket tabloid she had an affair with clinton. flowers called a news conference. >> yes, i was bill clinton's lover for 12 years. and for the past two years i have lied to the press about a relationship to protect him. >> while the clinton campaign had hoped the "60 minutes" interview would laid to rest any questions about the flowers affair, it may have only added fuel to the fire and created its own side controversy. driving the news cycle that week was hillary clinton's rigorous defense of her husband. >> i'm not sitting here as some little woman standing by my man like tammy wynette. i'm sitting here because i love him, and i respect him, and i honor what he's been through and what we've been through together. and you know, if that's not enough for people, then heck, don't vote for him. >> that interview was watched by tens of millions of people. not everyone was happy about it. >> well, among those watching was tammy wynette herself. mad as hell it turns out. >> the country music star whose best known song was referenced by hillary clinton was not pleased with the newfound attention. wynette wrote a letter telling mrs. clinton that she had offended every true country music fan and every person who's made it on their own with no one to take them to a white house. who could broker a peace agreement between the two? it was, of course, burt reynolds. >> he called and he said, these people are friends of mine, please have tammy talk to hillary. i said, okay. for you, i'm going to do that. so i put tammy on the phone. >> things didn't end there. >> the country singer demanded an apology from mrs. clinton, and today she got one. >> hillary clinton sat down for a prime time interview to tell the nation just how sorry she was. >> here's a question you tried to deal with the other night. why are you standing by him? >> and your reply was something to the effect you're not some little woman just standing by her man like tammy wynette, i must tell you, tammy wynette is hopping mad. >> and i'm sorry about that, and i apologized to tammy wynette if what i said offended her. i would not feel as strongly as i do that he is the right man to be president in this country at this time if i personally believed anything other than that. so my standing by him or for him -- >> you are standing by him? >> of course, we're married. >> bill clinton, of course, would go on to win the presidency. hillary clinton proved herself to be unfazed by all the scrutiny. prepared for all the battles ahead. >> anything they throw at us, i hope they realize we're not going to roll over and play dead. i think what you do is continue to be as honest as we can with the american public and to remind folks that people who live in glass houses shouldn't throw stones. >> joining me now, lynn sweet. she covered hillary clinton during the 1992 campaign. and, lynn, we've been doing these every night, and looking at all those archival footages of hillary clinton. something that stuck out to me is just how -- what a -- for lack of a better word, what a bad ass she is. she's so outspoken, so sharp, she sort of -- you know, going back and forth with dick armey, there's a serious incredible spontanaity to her. and then you also see how the press dealt with that spontaneity, which was creating tammy tammy wynette scandals. >> i think, keep in mind everyone, this is before anyone had even heard of the tv show "survivor." now, i think chris the thing here is, this was the first exposure to a lot of people of hillary clinton, her story wasn't known. it's interesting in the context of her running against the president, exactly if this will be a factor or not. but one of the things we learned early on, and she learned early on, is that people were hanging on every word he said. and people were paying attention. >> and this is -- this is a process that extends past hillary clinton, but i think it's largely true for everyone, this extends to mitt romney, i think it was true in some ways and barack obama, i remember you were the one who asked barack obama about skip gates at a press conference. getting stopped outside his house, he answered very early in his presidency, he answered very honestly, the next thing you know, he has a beer summit with a police officer, you can tell from then on, he's been much more hedged and conservative in how he talks about things, people understand you can create a whole weeks worth of stories if you're too honest. >> i think he knew that even before that july 2009 press conference, when i asked him about that question. that was just something he didn't think through. one of the things that's hard for people on the public stage every day, is that you have to be careful because sometimes it may be a few words away from creating a controversy you had not intended to. what hillary clinton was doing back then in the '92 campaign was juggling a lot of stuff. she was dealing with some problems with fidelity on her husband's front and we will know more to come in the next few years. and she was trying to feel more -- feel exactly where do i fit in in this campaign? what's my role, and perhaps foreshadowing something that michelle obama would have when she was trying to help her husband in the 08 campaign. i don't want to create a problem, i want to be a help, not a hindrance. >> you find out very quickly that the crazy rules of being a candidate or candidate's spouse. and also, you want to be yourself, because you're a fully actualized human being. you have to go out there and talk about how great your husband is. >> any of us who are speaking in public right now. you have to watch what you're saying. but what is interesting now for the millennials, the 18 to 29-year-olds, i'm curious to see how much of this they will see as interesting, but minor history, not part of the hillary clinton story. that they find is something they want to know about. >> i think that's going to be very interesting too. thank you for being here. >> still ahead, the premiere of all in's billionaire scouting report, our guide for the billionaire's bankrolling, 2016, we'll introduce you to the toy train set, who wants to make ted cruz's presidential dreams come true. we talk to the ceo who decided to make the minimum wage at his company $70,000 a year. do you have something for pain? i have bayer aspirin. i'm not having a heart attack, it's my back. i mean bayer back & body. it works great for pain. bayer back & body provides effective relief for your tough pain. better? yeah...thanks for the tip! today is the 150 year anniversary of abraham lincoln's death. after being shot by john wilkes booth while attending a play in washington, d.c., he died the following morning, this morning at 7:22 a.m. and last night, and this morning, hundreds of people gathered around ford's theater for around the clock commemoration of his assassination and death. without lincoln, of course, without lincoln ever occupying that office, there is no union, there is no united states and what ulysses s. grant would call one of the worst causes for which people fought slavery may well have triumphed. if you're going to run for president in this day and age. you're going to need a website, a url, staff, volunteers, you're also going to need more than anything else, billionaires. yes, in the post citizens united age, you need people with lots and lots of cash to fund your super pac. today we're introducing a new and recurring series here, know your billionaires, a scouting report of the men and women behind the candidates you'll see glad handing in iowa. that's both parties. joining us to help us go through the scouting report is nick reporter for the "new york times." great to have you here. >> thank you. >> i think that this is one of the most fascinating aspects of this campaign. it was sort of true in 2012. but now it's fully flourished in 2016. particularly on the republican side, there's a game of thrones thing happening. let's talk about robert mercer, he's backing ted cruise. he's believed to be the main donor to one of the keep the promise super paces. he has a $2 million model train set, and he also is in a real war with the irs. isn't he? >> that's correct. his hedge fund is basically under investigation for the way it borrows money and the way it did transactions to allow it to avoid paying $6 billion in taxes, which is quite a tax bill. this firm is also, by the way, co founded by a big democratic super pac donor, jim simons who's a big giver to democrats on this. >> they'll be hedging their bets, right? >> i can't think of hedging better than these two guys. >> some of the early press around him was a sort of question, like, did he have the big money backers to go far? and in mercer, it seems he has at least one really strong person. >> there are three pots of money now in campaign politics. small donors, medium big donors. people who write these campaign checks and billionaires. could he get the bread and butter group. if he has the grassroots fund-raising and a couple billionaires, he may not need -- >> the middle class of donors is getting squeezed like the middle class everywhere. >> that changes the game substantially. you only have a few of these guys. >> let's talk about norman braman. my support will be substantive, he's a former owner of the eagles. owns brayman motor cars. someone who has a lot of money, and in a world in which jeb bush has lined up and tied up a lot of dollars, a key asset from marco rubio. >> an ambassador in the florida community which is rich with donors for marco rubio. again, what we're going to see with guys like him, not just one candidate or two candidates with big super pacs, but probably five or six or seven candidates who will each have super packs backing them, that have 10, 20 million dollars thanks to guys like braman. >> that will allow people to go deep in this primary, if there's a guy that's going to write you $20 million in checks or fund you, you can survive some early round losses. >> it's not as good as candidate money that you can control. it's a lot better than no money you don't have. >> i want to talk about jose, who also appears to be backing marco rubio. he's been a key rubio fund-raiser. a sugar mill magnate, featured -- marco rubio hugged him right after he was making a speech about bartenders and may. he's a key player, particularly in the cuban community there. >> that's right, here's a guy that has a substantial and vested interest in policy, which is sugar and subsidies and agriculture policy. you have as the single issue donors, or at least donors with a pronounced policy interest and these candidates need them badly to get to the first couple rounds. >> we should note, there's lots of billionaires lined up behind hillary clinton. they're much less out front, we know tom styer is a big democratic donor. there's a bunch of big democratic billionaire donors, they're less out front at this point because they don't have to be because they don't have to set up the rival super packs. >> there's no primary, no competition, and the democratic pack has not started raising any money yet, we haven't seen how big it will get. if there's any democratic candidate that can get donors to pony up, republicans have already. it's hillary clinton. >> we're going to dig into those folks too as they start coming forward. with drivesense from esurance, you can earn a personalized discount based on how you drive not how someone sorta like you drives. you'll even get a discount just for signing up. esurance. backed by allstate. click or call. alaching and sleep deprived. bring us those who want to feel well rested. aleve pm. the only one to combine a sleep aid... plus the 12 hour pain relieving strength of aleve. be a morning person again, with aleve pm. to unlock the possibilities of tomorrow......"lift tab." behold the beauty of balance. crisp flakes of fiber-rich bran. answered by the perfect quantity of sun sweetened raisins. and with the sublime addition of ice-cold milk, the day begins. ♪sun'll come out, tomorrow♪ tomorrow is waiting. own it, with kellogg's® raisin bran see you at breakfast™. and delight in temptingly tart and sweet new kellogg's® raisin bran with cranberries. denver international is one of the busiest airports in the country. we operate just like a city and that takes a lot of energy. we use natural gas throughout the airport - for heating the entire terminal generating electricity on-site and fueling hundreds of vehicles. we're very focused on reducing our environmental impact. and natural gas is a big part of that commitment. drivers, to your marks. go! it's chaos out there. but the m-class sees in your blind spot... pulls you back into your lane... even brakes all by itself. it's almost like it couldn't crash... even if it tried. the 2015 m-class. see your authorized dealer for exceptional offers through mercedes-benz financial services. ugh... ...heartburn. did someone say burn? try alka seltzer reliefchews. they work just as fast and taste better than tums smoothies assorted fruit. mmm... amazing. yeah, i get that a lot. alka seltzer heartburn reliefchews. enjoy the relief. i'll be joined in a moment and joined by the police chief of marana, arizona. one of his officers appeared to deliberately run down an armed suspect with his car. i want to first show you that video in full context. the video is disturbing, the language is graphic, the suspect survived the incident. [ bleep ]. >> you don't want to do this. you don't want to do this. >> i have a male, hispanic male. he has the gun to his neck. he's now walking southbound toward the next block from burlingame. i'm staying back. >> put the gun down, put the gun down. a unit from south to north on the furnace road. keep everybody away. one round just went out into the sky. definitely unlocked now. definitely loaded. units be prepared. >> is the suspect shooting or did you shoot? >> negative, did not shoot. unit right there, just stand off, stand off. the gun is loaded. stay off. >> oh, jesus christ, man down! >> the suspect 36-year-old mario valencia spent several days in the hospital. the driver of the police cruiser, was cleared of criminal wrongdoing by the county prosecutors office, placed on administrative leave for three days following the crash, has since returned to work and is currently under administrative review. can you explain whether the kind of thing we saw in the video, ramming a suspect is something that police are trained to do, told to do as an option in situations with the suspect who's armed and dangerous? >> i think that's a great question, one i've been asked quite a bit over the last day or two. and the fact of the matter is, it's not a technique that's trained, what officers are trained to do is to end a threat that poses deadly -- a deadly threat, and in this particular situation, officers are also trained to use whatever means are at their disposal to be able to do that, and sometimes a vehicle can be used, it's not unprecedented. i would say it's unusual, but it's certainly not unprecedented. >> again, you can see from that tape, this is a difficult dynamic, dangerous situation, the suspect is, you know, threatening to kill himself, he fires in the air, this is a difficult situation for any police officer trying to deal with it, it's striking to me, that the officer who's in the car, who we hear throughout that interaction seems to be asking for patience, and then you can kind of hear some exasperation from him when his fellow officer pico does ram the suspects. says jesus christ, man down, what's your reaction to that? >> yeah, you know, i think that's a great point. and another one that's been brought up throughout this, one of the things that people have to understand is that the officer that's making those comments is not referring to the officer behind him when he's telling the officer to stand off, stand back. he's talking to the officer's at the other end of the street, and is he shocked when the officer comes around him? yeah, he didn't know he was there. just like anybody who's watching the video for the first time, it takes your breath away, and there's no doubt that it took the officer's breath away. i look at the video, i look at how we deployed -- i look at our tactics and there's a number of issues not even so much with the use of force, but how close we got to this guy who has a high powered rifle. so we placed ourselves in some pretty bad places tactically that we'll address, we'll talk about so we can get better. but yeah, the officer certainly was shocked and you can understand his shock when this thing happens. >> are you satisfied that this was -- you can say it's appropriate use of force, was this the right thing to do in this situation? >> i believe it was the right thing to do, you have a guy who was acting erratic, he's not obeying commands. he has a high powered rifle, he wasn't posing a threat, but he absolutely with that gun in his hand, he's posing a threat to anybody that he's come across. he's a quarter mile away from the i-10. vehicles are going past there, all he has to do is raise the weapon and start firing, we're at a huge disadvantage, he's just steps away from 15 seconds away from entering one of the businesses and if we don't do something and somebody gets hurt, clearly we're answering a different question about why didn't you save my loved one. so i'd rather be answering the question of -- did you use force a little too early as opposed to waiting too late? and having innocent lives in danger. >> that question is something that hangs over a lot of these interactions. police chief terry roseman, thank you for joining us, appreciate it. we told you earlier this week, about another police dash cam video. the police department does not want you to see, from an incident where a teenager was shot 16 times by an officer and killed. all in has learned exactly what that video shows as the city approves a $16 million settlement for the teen's family, all the details ahead. if you're a free-range chicken you roam free. it's what you do. if you want to save fifteen percent or more on car insurance you switch to geico. it's what you do. ♪ two wheels a turnin'... ♪ take zzzquil and sleep like... you haven't seen your bed in days. no, like you haven't seen a bed in weeks! zzzquil. the non habit forming sleep-aid that helps you sleep easily and wake refreshed. because sleep is a beautiful thing. ♪ [upbeat music] ♪ defiance is in our bones. defiance never grows old. citracal maximum. easily absorbed calcium plus d. now in a new look. the world is filled with air. but for people with copd sometimes breathing air can be difficult. if you have copd, ask your doctor about once-daily anoro ellipta. it helps people with copd breathe better for a full 24hours. anoro ellipta is the first fda-approved product containing two long-acting bronchodilators in one inhaler. anoro is not for asthma. anoro contains a type of medicine that increases risk of death in people with asthma. it is not known if this risk is increased in copd. anoro won't replace rescue inhalers for sudden copd symptoms and should not be used more than once a day. tell your doctor if you have a heart condition, or high blood pressure. tell your doctor if you have glaucoma, prostate or bladder problems, or problems passing urine as anoro may make these problems worse. call your doctor right away if you have worsened breathing chest pain, swelling of your mouth or tongue, problems urinating or eye problems including vision changes or eye pain while taking anoro. nothing can reverse copd. the world is filled with air and anoro is helping people with copd breath air better. get your first prescription free at anoro.com. wow. sweet new subaru, huh mitch? yep. you're selling the mitchmobile!? man, we had a lot of good times in this baby. what's your dad want for it? ..like a hundred and fifty grand, two hundred if they want that tape deck. you're not going to tell your dad about the time my hamster had babies in the backseat, are you?! that's just normal wear and tear, dude. (vo) subaru has the highest resale value of any brand... ...according to kelley blue book ...and mitch. love. it's what makes a subaru a subaru. ugh... ...heartburn. did someone say burn? try alka seltzer reliefchews. they work just as fast and taste better than tums smoothies assorted fruit. mmm... amazing. yeah, i get that a lot. alka seltzer heartburn reliefchews. enjoy the relief. the fight for a $15 minimum is not just a fight about higher wages, it's a fight about morality. it's a fight about decency, it's a fight about dignity. it's a fight about whether everyone in this country is going to be, if they work full time or have a decent job. >> former labor secretary joins demonstrators today at a mcdonald's in oakland calling for a $15 minimum wage. protesters planned for more than 2,000 cities to have a protest. protesting and striking minimum wage workers have really shaped the political conversation around income inequality. a conversation that is now somewhat remarkably happening in the presidential campaign on both the republican and democratic sides. the movement seems to also work its way into the thinking of the 1% themselves, last june, goldman sachs ceo told cbs this morning, that income inequality is responsible for the divisions in the country. more recently, there's ceo dan price who runs a credit card processing company in seattle. after reading a study on happiness, decided to over the next three years raise the salary of his lowest paid employee to a minimum of $70,000 a year. >> everyone in here, you might be making $35,000 a year right now, everyone in here will definitely be making $70,000 a year. and i'm super excited about that, so -- >> new york times points out price would pay for the wage increase by cutting his own salary from nearly $1 million to $70,000. and using 75 to 80% of the company's anticipated $2.2 million in profit this year. i spoke with him earlier, i began by asking if this was a publicity stunt? >> you know, the opinion i care about most are our clients. they're the ones that have been with us for the last 12 years. really our whole business is based on values, and treating other people the way you want to be treated. doing business to serve rather than just to make money. it's just one more step on that evolution of us growing up and being a big kid company. >> this is not -- there's not some -- this is not some con job? i'm not going to hear six months from now, oh, yeah, those raises never happened and like, he paid himself in bonuses and didn't actually -- you know what i mean? >> no, it would be tempting, right? there wasn't really anything forcing me to do this, and that's one of the things people have to get their head around. when you lead, you may have short term risk, but you have medium and long term success that goes with it. pushing on something like this, and leaning into something like this will pay dividends over the long run. >> i read about you looking at the happiness research which triggered your coming into this decision. it's fascinating, you can redistribute money and create a net gain of happiness, right? from the person you're redistributing from who actually gets happier, to the people you're redistributing too, right? >> well, you know, i'm not so sure about that, there's probably a correlation there, and i think you can assume a cause and effect. i think what's clear is that once people make 70, 75, $80,000 a year or more, they stop having to make sacrifices that have an emotional cost on them, and that emotional cost distracts them from what we're passionate about, which is helping small business owners succeed. if they're thinking about how to make ends meet, how to make rent, how to fill up my tank of gas, i'm going to be distracted from my passion. >> that's broadly applicable too. there's been some research around the lowest end of the scale. there's prediction from the macro economic model you're going to have this problem, this dead weight law, and when that didn't materialize, people looked and said, you know what, you get less turnover because people stick around longer, do you think there's broader sort of social policy lessons here? >> you know, i think when you reduce inequality in every way, whether it be a micro level one company or macro level across the economy, you're going to see positive impacts you would have never predicted. i think when you increase inequality, you're going to see negative impacts you would have never predicted. >> there are these folks out there today striking and demonstrating for $15 minimum wage. >> we have a rising inequality in both directions, right? we have the top going up, we see wage stagnation not just at the bottom, but all through. >> what do you want to see happen throughout the remarkable decision you've made in your company. >> my pipe dream is that we have a private capitalist solution for this, we and others prove that we're going to win, and we're going to make more money and do better business because of these steps, and we actually preempt the need for minimum wage. i'm not saying that a minimum wage will never be necessary, but how great -- >> obviously we have one now. >> a much higher one. it may be necessary if we as business owners don't step up. in my own city of seattle, we have the highest minimum wage. i think it's because people didn't step up, it was hard, we're trying to solve it. the thing i worry about with the $15 minimum wage, does it impact the person making 50,000, do they go to 60 with a $50 an hour minimum wage. we don't know the answer to that. it almost preempts the politics and everyone loves it. >> that's the question, though, right, how many -- >> we can talk in six months and see if anyone else has taken the bait where you are. it's nice to have you here. >> thanks for having me. the ripoff scandal at one of the nation's largest for profit college companies ahead. i have bayer aspirin. i'm not having a heart attack, it's my back. i mean bayer back & body. it works great for pain. bayer back & body provides effective relief for your tough pain. better? 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"we look forward to the day when the officer responsible for laquan's senseless murder is held accountable in the court of law." that officer according to a police spokesperson has been stripped of his police powers and is currently on paid desk chicago's top lawyer told "all in" that the last thing that any of us want to do is something that may interfere with or compromise the pending investigation by prosecutors. we are confident this video will be released at the appropriate time when their investigation is complete. we will keep following the story as it continues to develop. audible safety beeping audible safety beeping audible safety beeping the nissan rogue with safety shield technologies. the only thing left to fear is you imagination. nissan. innovation that excites. i love making sunday dinners. but when my back hurt, cooking all day... forget about it. tylenol was ok, but it was 6 pills a day. but aleve is just 2 pills all day. and now, i'm back! aleve. ♪ at mfs, we believe in the power of active management. every day, our teams collaborate around the world to actively uncover, discuss and debate investment opportunities. which leads to better decisions for our clients. it's a uniquely collaborative approach you won't find anywhere else. put our global active management expertise to work for you. mfs. there is no expertise without collaboration. when a moment spontaneously turns romantic why pause to take a pill? 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i have bayer aspirin. i'm not having a heart attack, it's my back. i mean bayer back & body. it works great for pain. bayer back & body provides effective relief for your tough pain. better? yeah...thanks for the tip! we build confidence. we teach skills and we unlock potential for better careers and better lives. this is the promise we keep to our students our graduates, our employees, and our families. so together we can build stronger communities. we are 15,000 strong supporting more than 80,000 students across north america. we are everest, heald, and wyotech. we are kor ingtian colleges. for years, corinthian colleges, inc. has been accused of luring students in. with false promises and profiting off predatory student loans. now the federal government has dealt the for profit operator a maim major blow. they're fining it $340 million. cutting some of its access to student aid, alleging they inflated job placement rates as part of its pitch to prospective students. they found almost 1,000 examples of misrepresenting placement rates. in one case a campus allegedly classified a 2011 graduate of an accounting program as employed in the field, based on a food service job she started at taco bell in 2006. in a statement, a spokesman called the government's accusations corruptible. they brought in 85% of their revenue from federal student aid. last june the department of education restricted kor ingtian's access to federal aid, forcing the company into an agreement to sell 85 of its campuses and close 12 others. the consume financial protection bureau later sued and two months ago, they reached a settlement to forgive $480 million in private student loan debt. many corinthian student loan students hold federal debt now a group called the corinthian 100 has gone on strike refusing to pay back loans they say the federal government should forgive. i asked arne duncan last week whether he's agree to forgive the students' debt this was his response. >> we continue to be very concerned with these issues, we met with some of these young people and we're going to look at the situation, to see what the right thing is to do. not just in this situation, but more broadly. >> that's a nonanswer, but your answer is you are looking into whether -- >> we are looking at of this very very closely, and talked to young people who have been negatively impacted. it's not about individuals, but where you have bad actors. for far too long they were allowed to do whatever they wanted. we are not going to tolerate that and whatever political pushback we get, we'll deal with that. >> alexis, great to see you i guess respond to arne duncan who seemed to leave the door open, and the statement today from the education department they gestured that maybe there would be something for the corinthian students who were holding debt. >> it's really a band aid on a gaping, hemorrhaging wound at this point. the alarms have been sounding for a decade. about their malfeasance, their fraud. the department of education has acknowledged it existed. they facilitated a sale to a debt collector. secretary duncan mentioned on your show he called them young people. many of these are adults, mothers, grandfathers, grandmothers, veterans, not just young people, and they are folks who are trying to get a better life and were scammed by a college that was enabled by the department of education for years. we have seen they're facing 200 lawsuits and now the department of education is finally admitting that something was wrong here but we really need them to take the next step and forgive the debt of these students who have been essentially been thrown off a cliff. >> we should say nine attorneys, state attorneys general say the federal government should forgive the debt. the entire business model of corinthian couldn't have existed without the federal government. 85% of the revenue that's coming in is coming from federal student aid, i mean they are -- the student is basically, just the kind of vehicle by which they can access the federal student aid dollars. >> and they can get up to 90% of their money from federal student loans, they can get even more than that if they target veterans which we know them to have done. for example, in the california attorney generals lawsuit, they were found to have unlawfully used military logos to bring in more veterans because then they could get gi bill money. >> i guess here's a question, i don't have a representative from corinthian here, let me speak up on their behalf, i mean, there's a certain buyer beware aspect here, and there's also a degree to which the tangible benefits of an education are not quantifiable. if you take out a loan and you go educate yourself somewhere, they cannot control that institution, whether you get a job or not, right? this is an institution that has broken the law, they face 200 lawsuits, these are students that have more debt than ivy league educated students have. corinthian college spent more money lobbying than harvard spent lobbying. they don't give these students who are pursuing vocational degrees, which is something that president obama has said people should pursue they don't get the skills they need to become para legals to become medical assistants. they're trained in 15-year-old technology and can't get jobs at best buy when they get computer systems degrees from corinthian, there's been vast fraud for far too long. if they want to right the wrongs, the only thing they should be doing is forgiving the debt. 13 senators have called for the same thing. >> does the department of education have the power to wave away that debt? >> they absolutely do? under the higher education act. >> alexis, always a pleasure to see you, thank you very much. >> all right. that's "all in" for this evening. the rachel maddow show starts now. >> thanks to you at home for joining us this hour. doing the show in washington, d.c., tonight it's lovely here cherry blossom time, it's delightful. before u.s. presidents had term limits, franklin delano roosevelt ran for president four times in a row. and every time he ran, he won by huge margins, even though this is what the country looked like when he won. he won overwhelmingly every single time that he ran, there were two states that said no to fdr four times in a row. owl four times that he ran. those states were maine and vermont. the people's republic of vermont went 0 for 4 when it came to voting for fdr. for all of the 19th