You. Ibm is holding the annual Analyst Meeting on wednesday. In an interview with the new york times, the ceo virginia ramedi says the computer giant is facing rocky times but the company has a clear vision in how to pursue another round of growth and transform ibm for the next decade. Last month ibm reported the lowest Quarterly Earnings in five years struggling with fallen demand for the software. Warren buffett made and big investment in ibm. A clear vision. A clear vision . Youre suggesting its a double no, im just saying i would like details on what the clear vision is. Its very hard but we have a clear vision on what we need to what is it that you need to do . Not that i would understand . Transition to a cloud base. Well see. Hopefully division is the right one that you can implement and you wonder about competitors. It is hard to reinvent ibm. It is not just medium old tech. For quite a while, you wonder is that the right strategy or a different one. Are they continuing to stay the course with that. What we think of generation, experts would say microsoft is old tech. I b ibm is dealing with microsoft and google. And now they are dealing with facebook and they have to come all the way around. And i just dont know whether have you talked to warren about that . He says he would sell it hes buying more but hes saying if he ever lost confidence, he would be quick to move. He said he would consider buying more. Not right now but maybe more. Maybe it was me that thought he was implying, knowing buffett, if he really saw that it was on the wall. I was surprised by, a, he was buying more beer. And he was fighting for this year. You would have to say if it went down and bought more. It was one that he was in until he wasnt. So well see what happens. I was surprised at how resolute he sounded that he felt this was a good investment at this point. He would never give us body language. He has. He surprised me in the past with proctor and gamble and said, maybe not. Same thing with moodys when stuck in that position, too. Yeah. Some day. Anyway, the british Prime MinisterDavid Cameron says very Good Progress was made in securing guarantees from pfizer about the. To buy astrazeneca, pfizer already has given a fiveyear commitment to complete astrazenecas new Research Center building in cam bridge and retain a factory in northwest italy. This is a win win for shareholders and will face them on tuesday to address opposition to the offer. Thigh they are the ones with onation and not us is behind me, the toddlers decided to go swimming this weekend. The other one broke. You need to combat violence with 47 million in cash and house. You can see glaxo smith kline, its the tax advantage that ryan had that allows me to get so much. The business bid was april 22nd if you want to share those. And reportedly bill allergan has made almost 1 billion in paper profits. The paper says the allergan gains were 1 billion and they make about 4 billion in purchasing the portfolio. So you anchor a million and it pays to get a billion. It was some of the gapes of the billion dollars needs to go to a place. But i think it was only a deal, like a dollar. Is it some of them will give gains back. Its a great way to do business, and i cant believe its legal. How can you do hostile takeover if you cant buy the stock. Hes buying stock. And if it falls apart, he loses money. He has all the legal money on et cetera, et cetera. But going into that room i frantically know the balance in advance the minute you are amounting to hostile, theres a bid. You buy the stock in advance knowing youre going to do it. Thats the most riskfree thing he could do. No, because the deal may not happen. Why is it more refrigerating than anyone else decides. If they have a poison pill, screw everybody, were not doing it. He loses. It is like they banded together to try to acquire the company. I know what they did. I just think from the Public Policy to the public market. Michelle is here to talk about another issue we have been following closely through the weekend. Violence marking the proseparatist vote in Eastern Ukraine this week. The referendum should be okay. Both helds over the weekend. By all accounts extremely chaotic. Not a lot of people voted in one time or whatever we knew this was how we were going down to see what does. He is not so quick this time around in the complex with the perplexing announcement on thursday from him where he seemed to be in terms of totality, maybe not action, but pulling back from higher levels of come foration, confrontation. Presumably if he was aggressive and said we will give him the choice of joining russia, then likely we would see another round of sanctions even harsher from europe and the United States. Thats presumably what he wants to hold on. Right now theres violence in eastern parts of ukraine. There was one point where the you crepan National Guardsman opened fire. And he saw two people on the ground. One of them is dead. Presumably when you have violence, Vladimir Putin has the right to say, see, we need to go in to protect the russian speakers. Hes not wanting higher tensions, but if they vote to say we would like to be closer to russia and russia doesnt followup on it, does he lose popularity at home . Yes. I dont think Eastern Ukraine is as important for region as a crimea. The next things are the election on may 25th where ukraine ended just past new laws which means if they cant hold them in the two regions. It doesnt matter, they can still say the ukrainian public voted for the current government thats in place in kiev or whoever they do vote for. The election will be the same as you might expect. So what we expect, we just wait for the next step. Yes. If were going to see lavrov come out to say the results should be respected, but remember he and Vladimir Putin play good cop bad cop. Vladimir putin is the good cob and lavrov is the bad cop. It seems predictable. Hello, everyone. Well talk later to the former treasury secretary tim geithner. His new book is being released today called stress test. A former mitt Romney Adviser says geithner is lying. Well hear from him on this book and at 8 00 a. M. Eastern time. You are a cnn contributor and the person, glenn hubbard, so that will help. Your wife you need to explain what the contention is . Contention is in 2012 when geithner and hubbard rap into each other. They both werent embracing the plan enough when dorf telling us what to do. We are wondering if raxing taxes is the same as creating revenue. Isnt it . If he says were going to raise back can is, and you said we need to raise revenues. Where is your glasses . Can you see me . I have glasses now. The glasses you were able to start pouring, they do make contact lenses. I have not gotten those yet. You are not doing it right now. I at not surfing for it right now. I think its a great deal with a former Romney Adviser claiming to be. The school could have been vegetarians saying i didnt get the politico app yesterday. Whether he would have said no, thats not 8 30, step with him. It is a surprising to put something into this thats obviously going to be controversy. Why hasnt he responded to it yet and said, okay, its a misunderstanding, he said x and not y. He also said we just cant say were raising taxes right now. Thats a step beyond raising taxes and revenue. Thats also him saying we have to keep this on the down low. Theres secretly a republican idea in the moderate to right wing conservative movement. But you cant be honest about it because its part of their basic montra that under no circumstances should you lie. You read the book over the weekend . Yes, i get a copy of it today and feel like ive read it all. What was your big takeaway . I was surprised in your piece you quote dean baker saying if we allowed the banks to fail, we would be free of the awful Banking System. I dont know what you do in lieu of a Banking System. What ive taken away from it is geithner is not going to con vince that its a false narrative. The three people you decided to criticize, Elisabeth Warren je you need to bail out the Banking System. It would be nice to i dont disagree with you. Why are you defensive about it . Because hes not enough of criticized. Look, the pavement says you are not thinking clearly. The thing about Timothy Geithner is he made money on anything. He did live inside the prison that is his own brain. And he lives in a very difficult place, which he thinks he did a mitzvah for the world, a great thing, and really cant fam tho hes trying in his own way to figure out what to do about it. I think thats legit. It does have people who come up to a read krugman and listen to mpr. If you love in this world, geithner said also that we would have done a lot of really great progressive things if the republicans had not stalled us. Theres that. So hes not if it were a true capitalist, i think he would say it loud and proud. Does anyone work in the private sector until now . The problem for kite ner is geithner is to ease this populist anger at the fact that the people got bailed out and still got big bonuses. Maybe you do more with citigroup. Why would you even try to appease the anger thats totally misplaced of occupy wall street . You cant go all the way to occupy wall street but there are legitimate things that you need to know the money on and he did that. He also said, we would have done a lot more progressive things if we could have put the nastier public in there to stop this. But you on the left think we are not moving fast enough, were sorry. We tried to do more but he is much more of an accolade on the left. In his time at new york city, he did not adepress that. Not enough to address leverage building in the city. You read the quotes. Thats right. He said he missed it. But did you think they were overleveraged . He said he missed it and thats a big deal that he missed that. And he comes from a school of the Democratic Party very proderegulation to allow the buildup to build up and said at one point he was never a mediator. I will say this, i thought he was surprisingly honest. The book is a relatively honest portrayal of a guy who clearly is having all of these issues even though he says hes not and doesnt care what people think about him. It clearly does you have to remember that he saved the system but theres a whole group of people who dont believe the in the system unto itself. The way it is structured today, make it never should have been saved. If i can immediately dismiss theres good reason. I wish instead of writing a review. We are more in tune with the actual reality instead of the revisionist narrative that we have now that we have had for five years so your whole argument is based on alicias nep ati you can dismiss that all the criticisms of geithner or the ones of himself which are legitimate and that he did not do enough. Man up. Here we are, the dow is things are good. I mean, you know what is weird . You charge it enough. The far right thinks we shouldnt bail out the homeowners or the Banking System and the system would clear out. You would see Warren Buffett buy wern werner. Thank you, sir. Thank you. I want to see this interview. I was searching for my feelings after reading the peace. And annoying was not enough and i thought you thought a lot about it. Well, i will hazelton, pennsylvania, finding a brick of heroin and cutting it up with a big sting operation. The guy who couldnt find 400 and took her in handcuffs. Anyway, i was a hockey game until 1 30. It was unbelievable. I saw you were getting tweeted. I think this is a good idea. The race is on to build a casino in japan. I want to get some of the contact lenses that youre wearing them. That looks beautiful. Did they leave any of the light . The landmark suffered serious damage in the area. And David Rubenstein matched the public funds to fix the mock yumt. Hell come home and well thank you him after making a dent. It is now 6 22 a. M. Eastern. Alright, that should just about do it. Excuse me, what are you doing . Uh, well we are fine tuning these small cells that improve coverage, capacity and quality of the network. It means youll be able t post from the breakroom. Great did it hurt . When you fell from heaven awkward laugh . A little. laughs im sorry, i have to go. At t is building you a better network. Welcome back. Two u. S. Billionaires are betting on japan for casino projects. The country is considering legalizing casino gambling which could make it the Third Largest gaming destination after mccaw and the United States. The plan would be to put it in place by 2020 when the olympics will be held. Las vegas gaming tycoon sheldon agleson is putting his way behind a tokyo resort and the two are betting to see how comes out ahead. Now emerging in the race to succeed, the top of aig, the walter journal reports that the companys directors have narrowed the field of internal candidates to two. Peter handcook and jay wintrop. Just a few months ago, mr. Hancock runs the companys Property Casualty business and was considered by many analyst investors to be a favorite of the internal candidates to take over, but the performance, people are rushing to the tv. They are running the Life Insurance policy and set up a twoway horse race that was not evident to investors. He plans to step down early next year to spend more time with his family. Hes offered us to do the show from there. We should take him up from there quickly in that vineyard. Hes also been treated for cancer but is doing well. It doesnt have a picture, it just says that hes there. Sightings. Someone sighted there. What does that mean . Game of throne oh, i am sorry, the game of throne brothers were there having drinks at the bar overlooking the aidriatic. I didnt see him there myself. Were you talking about sterling. Yeah, i guess so. His estranged wife says she will fight to keep his share of the cl clippers comments. The nba has responded to shelleys statements saying controlling the openers interests being terminated, the other owners are terminated as well. We heard of this after Anderson Cooper and oprah had mrs. Sterling on. I thought she had the lady with the she had the girlfriend a week ago. But i think she just had the wife, yeah, yesterday. Friday is her last day. Friday is her last day on the view. I think she was on snl. Bill mawr did a thing on his show friday night. Defending him . Not defending himself per se but saying inside your own home is there no code of silence, can you not hang out in your own bathroom and tell your friends something. I dont know he said he felt really bad that he was some of the people to twist their horrific ideas. Sterling said that was a bad rollout. Why did he say that . He said, im sorry, but this is magic johnson. He said he had not done enough for minorities. Look, thats a wrap. Im not going down there, but where were you going on this . I understand because i feel uncomfortable with the idea that you can start taking property away from somebody because you dont like something they have said, particularly when it is said in his own home. At the same time, you dont want to look like you are getting things out of control. He would defend peoples rights to say whatever they want. I thought it was very interesting. And somewhat persuasive powerful point. Heres the hotel. Heres a picture of it. The view looks to be straight out. It looks like it is straight out, a game of thrones, interesting. You can understand why the brothers, per se, will be right back. I mustve dated her for one night. If anyone has anything to spoil for you, dont. I am a little confused as to where everything is. This marjorie is going to marry im a couple seasons behind. I just loved it that they are not going to be back, but th they when we come back, another round of earnings and economic reports on the way. As we head to a break, look at last weeks winners and losers. Everything is running smoothly. Im sorry, dave, im afraid i cant do that. The Performance Review. That corporate trial by fire when every slacker gets his due. And yet, theres someone around the office who hasnt had a Performance Review in a while. Someone whose poor performance is slowing down the entire organization. Im looking at you phone company dsl. Check your speed. See how fast your internet can be. Switch now and add voice and tv for 34. 90. Comcast business built for business. Predibut, manufacturings a prettin the United States do. Means advanced technology. We learned that Technology Allows us to be craft oriented. No ones losing their job. Theres no beer robot that has suddenly chased them out. The technology is actually creating new jobs. Siemens designed and built the right tools and resources to get the job done. White chocolate loversividual. Dont like dark chocolate. Milk chocolate lovers dont necessarily like dark or white. Before we couldnt really allow the consumer to customize their preferred chocolate. We needed the scalable Cloud Solution allowing them to see all 800 products and select what they are looking for. Now there is endless opportunity to indulge. Thats keeping you from the healthcare you deserve. But if healthcare changes, if it becomes simpler. If frustration and paperwork decrease. If grandparents get to live at home instead of in a home. The gap begins to close. So lets simplify things. Lets close the gap between people and care. I see the clippers won. Im getting updated. Are we live . Yeah. Excuse me. I saw this was awesome. The rangers hey hey good morning. Welcome back to squawk box. Mothers day, it was great. Im joe kernan. Thats becky quick along with andrew rosssorkin. When are we doing the geithner stuff, man . 8 00 a. M. Okay. Im going to tune in for that. What time is it now . 6 36. Heres whats happening this morning. I was out until 11 30, sorry. Officials are looking for the blessing in the takeover of astrazeneca. Hes british, i think this is a big cons