detectives how he lured young etan from the school bus stop at west broadway and prince street, with the promise of a soda. he then led him into the basement of the bodega, choked him there, and disposed of the body by putting it into a plastic bag and placing it into the trash. >> we're going to be joined in just a moment by lisa cohen, "after etan" the 2009 book is considered the definitive work on this case and it's 33 years to the day, this is a day, may 25th, that is the national missing children's day, it was named this day by president ronald reagan, the first day really that a national movement of awareness about missing children began, and it's 33 years ago to the day that this little boy disappeared, presumed killed, and now finally an arrest in this case, a case that honestly, obsessed the nation and when you think about it, this is a little boy, 6 years old, who walked to school, for the first time allowed to walk to the bus stop. because of this case, another case, johnny gosh in the midwest, cases like these in the late '70s and early 1980s, really frightened a nation, quite frankly, and those days of letting a little kid walk to a bus stop are over because a whole generation of parents and their children were afraid of stranger abductions. we get to alina cho for the rest of the day's top stories. >> hurricane bud the first major hurricane of the 2012 season strengthening into a major category 3, now threatening mexico's pacific coast. here is a look at the storm from space. bud with maximum sustained winds of 115 miles per hour, and could slam into some very popular tourist spots. we want to get to meteorologist rob marciano tracking the storm for us. good morning. >> good morning. we'll start with bud, which was a hurricane of category 3 strength last night, has weakened just a little bit. this is the strongest hurricane in the eastern pacific this early in the season so we're off to a quick start. movements to the north-northeast, towards manzanillo and puerto vallarta. it is weakening somewhat. the original forecast yesterday was for it to weaken and not make it to the coastline. now, the forecast is for it to make landfall later on tonight as a category 1 storm. so we're going to see waves and winds with this. we already see heavy rains in the mountainous areas just off the beach, that could create some flash floods and mudslides. the other issue is this closer to home, southeast coastline this has a chance of developing into the second tropical storm of the season that hasn't begun yet. june 1st is the first day of hurricane season. probably won't get that strong but to affect the shorelines of the southeast coast over the memorial day weekend but the area needs the rainfall. might not be a bad thing. either way we're off to a quick start. >> busy hurricane season or looking like it will be. a week after the stock's disastrous debut the legal fallout from facebook's ipo is being sorted out, lawyers, regulators and shareholders are looking into allegations of misuse of privileged information by morgan stanley and others in the run-up to the ipo. facebook stock closed thursday just above $33 a share, that's $5 below its debut price, one week ago today. meanwhile, u.s. stocks finished mixed on thursday, due to ongoing concerns over europe's debt crisis and the threat of greece exiting the eurozone. the dow jones industrial average closed higher as did the s&p 500 but the nasdaq closed lower down 11 points. right now stock futures in all three indexes are trading in positive territory ahead of today's market open. a senate committee voted to cut a symbolic $33 million in aid to pakistan, has outraged over the pakistani doctor in prison leading to the death of osama bin laden. he was sentenced to 33 years for treeson, he ran a vaccination program for the cia and helped the u.s. verify bin laden's presence at a compound. the u.s. is calling for afridi's release saying he was acting in the interests of america and pakistan. the official who organized the $800,000 conference in las vegas fired. jeff neely was placed on administrative leave in march when news of the lavish 2010 conference went public and now he's out and officials want him to pay for a private party he hosted in his vegas hotel room. officials say the justice department could also slap him with criminal charges. had to know that was coming. christine, back to you. >> thank you. let's get back to our top story in the arrest in the etan patz case. lisa cohen is now us, she literally wrote the book on this story. you followed it for some time and know this family, emmy-award winning producer, actually. look, you researched this case for decades. there doesn't seem to be a motive yet in this arrest. still a lot of questions, but this is the most conclusive we have seen in 33 years trying to solve this. >> i think my issue with it at the moment, it's astonishing and if they've got a just confession and if this is the man who did it, then bravo. i just think it's been a very short amount of time that this person has jumped onto the horizon and, i think there are a lot of questions to be answered. >> the police were skeptical but now telling us, there's a videotaped confession, and still trying to -- again, still trying to figure out motive. let's walk through, i guess, what happened here. you did write in your book that etan told his parents he planned to stop at a store to buy a soda. this man was a store clerk, a stock checker really at a store right there by the bus stop. >> um-hum, right. so he says that that's the moment when he took etan and killed him. and i -- i just think that at this point, we have his confession, and that's pretty much what we have, and i don't understand exactly what the motive was. i don't understand exactly what the time frame was. >> right. >> how he could have escaped unnoticed. >> police say he was never questioned but his name had come up, when they were canvassing the neighborhood they knew everyone who worked at one of the stores. you look at the bodega where he was working it was a few blocks away from where etan lived and disappeared, it was right next to where he was supposed to go on the bus on west broadway and prince in the soho neighborhood of new york. there was a search in a nearby building. the trail which has been cold for some time has recently thawed a bit. i wonder if that had anything to play into this new revelation. >> that's typically in this case and i'm sure other cases, that's typically the chain of events. something happens, there's a development and may be completely unrelated to what subsequently happens but it causes there to be a lot of publicity. people take notice. people remember things or decide that they're going to come forward with things that aren't necessarily true, and that's often how new developments occur. >> they've had false confessions in this case before, haven't there? >> i've been trying to think of actual moments. certainly there have been hundreds and hundreds of false leads and there have been really moments when they knew that the case was solved and then it wasn't. >> right. >> i certainly know there have been false confessions in other cases. >> commissioner kelly says there's no body, no physical evidence to link hernandez to the disappearance. listen. >> reporter: what is it about this confession that makes you believe this is a credible story? >> well, the fact that he had told the story to others in the past, and the specificity of what he said in the confession. >> are you concerned at all that they have a confession and that's basically it, in a 33-year-old case? >> i think when you have a 33-year-old case it's hard to find other circumstantial or forensic evidence, so i'm not sure what more they are going to find. yeah, i'm concerned. i think you have to understand exactly who this person is, what their history is, what their mental history is. he's never had a lawyer before, so -- >> you're not convinced this guy did it? >> no, i'm not but that's not necessarily that he didn't do it. it's because this just happened. i never heard his name before today so you know. >> did they search the garbage during this initial, when he disappeared? they had bloodhounds canvassing the evening his mother said she didn't come home from school. >> and for days afterwards. >> did they not search the garbage? >> i think they did. one of the things i think he said, he went back to find this bag or this box that the body was in and had disappeared. i guess that's the way you would get around the fact that they were searching everything, basements, elevator shafts, rooftops, yes. >> his family lives in the same neighborhood, he has siblings or other children. how do they handle stuff like this? i mean this is the biggest development there's been. this is a family that has lived 33 years since this horrible day for them. >> i think one of the things that has drawn me to this case over the years is how incredible this family is, exactly. i mean they have lived through all of this, and they have done it with grace and they have lived the rest of their lives. they have focused on their other children. i don't think they ever forget this. i think these kinds of days are particularly trying and difficult for lots of reasons, every year is a difficult, this is a difficult day for them, but they, they've got a life and they have moved on to a certain extent. you never forget this, you never quite get over it. >> thank you so much, lisa cohen. we'll talk to you again as developments unfold and as the case moves forward. thank you. ahead on "starting point," the trainer for the horse that won the first two legs of the triple crown in major trouble. will it stop "i'll have another's" run at history? one of the oldest daily newspapers now going to cut back, going part-time after 175 years. this is a sign of things to come across the entire country in the newspaper business? we'll talk about that with this morning's all-star cast headed in. hi guys. here is a track from ryan's playlist, white stripes. good morning. ♪ will cain's playlist, tom petty. is it a sign of things to come? "the tiles-picayune," the new orleans paper that won a pair of pulitzer prizes for its coverage of hurricane katrina. it's only going to print three days a week. it will merge into its internationinternet. christine hani joins us now and full disclosure, i got into wires and then television because i was afraid watching my friends lose their jobs in newspapers where i started because the newspaper trend for 20 years has been look this is going to be a hard way to make business in a digital world and that's proven to be true. >> absolutely. when something similar happened to the ann arbor paper, went to a few days a week, they hired back a fraction of the staff so we're talking about massive cuts in the newspaper stray for jobs. it is huge. >> you look at the brands of local newspapers, "the washington post," "the new york times" and "the wall street journal" and the big national local papers but "the times picayune" have a brand that is really unmatched. how come they can't do a better job figuring out how to make money for their brand for the local news that people are so hungry for? >> they're competing with so many other types of media, dealing with online and television and their websites so you have a local market and it's expensive to produce news as you know. so in a national level it almost works more simply than at a local level where you have to get people in bureaus. i think one of the papers i spoke with had four bureaus, six to eight reporters staffed, fanning through the suburbs. it's difficult and costly work. >> it used to be there was a morning paper and afternoon paper in a lot of the towns and then they merged and the morning paper and afternoon paper were the same company and then it was like in my town "the argus and "the dispatch" and then it was the "argus dispatch." how will we see them survive? >> the actual online advertise something not at the place of newspapers print advertising, so you're still better off as they say milking the cow of print advertising over online advertising. that seems to be where the market is heading. >> everyone wants to talk about the death of newspapers, they're going away. >> it's like the death mill of the american dream, they've been talking about that all the time. >> warren buffett bought 120 newspapers last week. in the future we're not going to cut down dead trees and have 13-year-old boys print this on our doorsteps but people are still going to take their local newspapers. >> for those of us who worked in communications and need to bring reporters out to events, there's also the reality that as newspapers cut stuff it's harder to have local events covered, to have community events covered and i believe there's that consequence as well. >> yes, you're not going to have the resources to cover every local event, every school board meeting. that's been happening for years and years but yes. >> "the huffington post" thought local news is something people are hungry for online, patch.com online, super, super local but people still want the brand of their local newspaper. >> it's trusted. >> wherever you happen to live, you believe that brand. >> yes. >> how do they make money from that? will says they are. >> first of all i should say advanced publications which own this is newspaper also owns my magazine "the new yorker" just to get that out on the table. the new houses tried this with other regional newspapers. has it worked? in ann arbor and other places where they've cut down the number of issues they are publishing each week and moved online? what has the story been there? >> it's unclear with newhouse, it's a privately held company but it stems the red ink, stems the losses that were happening when you had staff of hundreds and hundreds of people in newsrooms and didn't have the ad revenue coming in. >> what about the quality of the journalism and quality of the product? >> as we know, everyone is more stretched today than they were five years ago, ten years ago and as you say you don't have people covering every board meeting. you just don't have the breadth of reporting. >> by some prediction about a quarter of daily newspaper also have a pay wall by the end of the year and there was some excitement earlier this month when your own "new york times" which has a pay wall saw a circulation jump over the previous year so people were buying subscriptions and some were buying them because of the pay wall. can that work on a local level? >> in new orleans you have a market with a low penetration of people with internet access, 36% of homes in new orleans area have internet so how many are going to go to, go online and go through a pay wall. it's not clear if that's going to work in that market. other markets where everyone's wired n you might have a different situation. >> christine haughney, thank you. have a nice weekend. the muslim brotherhood is in the lead in historic presidential elections. should the u.s. be afraid of that? new signs donald trump may be jumping back into the race for the white house. did we just read that? donald trump getting back in? we'll explain on the other side. you're watching "starting point." in the latino communityr retirement. the word that we use is jubilation. as you're getting older, you should be able to do the things that you love. i'm one of six children that my mother raised by herself, and so college was a dream when i was a kid. i didn't know how i was gonna to do it, but i knew i was gonna get that opportunity one day, and that's what happened with university of phoenix. nothing can stop me now. i feel like the sky's the limit with what i can do and what i can accomplish. my name is naphtali bryant and i am a phoenix. visit phoenix.edu to find the program that's right for you. enroll now. ♪ that's nice, i like it. salt "n pepa "none of your business." who is going to start with the newspapers. >> donald trump, he's banking on it. this is serious because trump genuinely helped romney in the primaries, the endorsement was taken seriously, romney embraced him and he's turning into a bit of a liability. trump says "probably the best choice of all for vp for romney would be donald trump." and there's talk he wants a speaking role at the convention. he has mused about if he doesn't get the vp nod, maybe being a treasury secretary or secretary of state. >> secretary of state donald trump. >> romney has a trump problem. >> didn't he learn from oprah this is not necessarily good for ratings to become more politically active? >> that's true, this is hurting his brand because partisans on the left don't want to watch the show. >> one beneficiary out of the process is trump, brand and exposure and publicity, and i love to imagine him from ahmadinejad or somebody like that. >> imagine what romney really thinks about doon alleged trump? i'm super serious. >> i'm going to be lighter than you, lots of brides wearing uggs at their wedding, this caused outrage among my facebook friends. there's a picture here you can see, i guess it makes sense if you have a cold wedding that you'd put on the furry, fuzzy boots but i think it's a fad we hope to see go away. ryan wanted to deliver the story but i took it out from under him. this is good news for free speech lovers all across america, that it is apparent lay cording to a judge in florida protected first amendment speech to go down the highway flashing your headlights at oncoming traffic to warn them, hey, speed trap, cops ahead. >> someone had to go to court for that. >> that's right, because apparently a sheriff's department in florida said you're interfering with speed traps, we're going to ticket you for the violation. he's like hey i got first amendment speech. this was a devoted activist, he would see speed traps, get out of his office couch, get in his car, get a cup of coffee and flash people as they came as kind of entertainment but apparently that's protected by the first amendment. >> who knew. stick with us. the dragon is creeping close to the international space station. should kate moss be worried about how ban ki-moon caught the eye of "vogue" staffers? 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[ female announcer ] positively radiant. and for brighter skin, try skin brightening daily scrub. only from aveeno. history being made in the heavens, the dragon space capsule about to become the first private spacecraft to link up with the international space station, the connection marking a new era in commercial space travel. cnn's john zarrella is live in miami marking the era with us. how is everything progressing up there so far, john? >> christine, it's painfully slow how this is going. you know, they've fallen a little bit behind the time line but there's a good reason for that, as you mentioned this is the first time that a commercial company has ever attempted to a