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Financial misconduct. carlos ghosn has been behind bars in this tokyo prison for the last six weeks japanese prosecutors accuse the former nixon boss of financial misconduct the specific accusations against him include under reporting his salary for years enabling him to avoid paying tax on. using company money to pay for personal expenses and shifting seventeen million dollars worth of his own losses on to nissen go on denies the allegations. the charges follow a glittering career in the auto industry in the mid one nine hundred ninety s. going took over at the helm of the embattled rand know...

Monarch passengers who are currently on holiday with monarch to come back to within the next two weeks that that's exactly what is expected. britain's fifth biggest airline had struggled with losses but had hoped to turn things around with orders for boeing's latest seven three seven planes and a cost cutting program. bankruptcy rumors swirled last year but then monarch was able to draw a new line of credit but now that's gone and so is the airline with a decision really was a result of continued losses loss has been sustained for quite some time forecast to continue mainly as a result of depe...

Advocated is the penny plan. i think the penny plan has an awful lot of force to it. and i'm an emphatic advocate of a balanced budget. putting in the constitution a strong balanced budget. >> every year has to be balanced. with the penny plan one penny of every dollar for six years and you would get without growth a balanced budget in six years. would you support cutting a penny of every dollar defense, social security, medicare. >> you're going to be hard pressed to come up with a cost cutting program that i'm not going to support. i do think the military we need to look at the growing natio...

Pressed to come up with a cost cutting program that i'm not going to support. i do think the military we need to look at the growing national security threats. and we need to make sure we take care of the men and women in the military and we provide what we need to protect this nation. and also if you look at the budget, you cannot bring the budget into control without taking on entitlement reform. two-thirds of the federal budget is entitlement. so if you don't talk about entitlements, you can't do it. >> entitlements? means testing? >> absolutely. >> raise the age of eligibility? >> sure yes...