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Watch. >> donald trump has been saying that he will run for president as a republican, which is surprising since i just assumed he was running as a joke. >> you are not going to be president. all right? [laughter] >> you better be ready for the fact that he may be leading the republican ticket. >> [laughter] >> i know you don't believe that. >> i continue to believe mr. trump will not be president. steve: okay. that was then. this is now. could the left be getting it wrong again. let's talk to former presidential writer ned ryun. >> good morning. good to be with you guys. steve: is the past pr...

lead analysts at morgan stanley, the main underwriter for the facebook ipo, received privileged information about the company, information that they didn't share with retail investors. finra, the financial industry regulation authority, regulatory authority, the u.s. senate banking committee, and the commonwealth of massachusetts have all announced probes into the matter, and that was quickly followed by a lawsuit filed by some investors against facebook and its ceo, mark zuckerberg, alleging that both withheld material information from investors during the ipo process. now, specific...

from investors during the ipo process. now, specifically they are talking about forecasts that revenue would be lower in 2012. facebook tells cnn, by the way, that the lawsuit is without merit. ron is a former s.e.c. investment attorney. henry blodgett, ceo of business insider, a website. back in 2003 henry settled a civil securities charge with s.e.c. he was banned from the securities industry. he's a good friend of our show. henry, i say this because it's relevant to our discussion. you probably know more about this now than most people do. >> unfortunately. >> if no laws were brok...

Miami heat tomorrow, welcoming lebron to miami. does that build your hopes? >> no, actually, you know what, i got that scoop from you guys with my earpiece in. and, i spread that rumor around, nobody, nobody budged on it. we don't believe it until we hear it. >> larry: all right, stephen smith, now that you have to hedge your bet a little, where would you lean, hennidging your bet? >> i don't hedge bets. i go don wiwn with the ship. if i had to hedge, chicago, acquisition of boozer, combined with derek rose, den gcg. i wouldn't want to have to inherit the legacy of michael jordyn. if i was goi...