tv CNN Newsroom CNN November 1, 2011 3:00pm-4:00pm EDT
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one of his rival republican campaigns, you know, is through their own opposition research, as it is called, came up with this and linked it, it adds another degree of element. but the fundamental fact is that as herman cain has acknowledged himself, there was an allegation of sexual harassment. there was an agreement, a settlement. five figures were paid off, at least to one of these two women. whether or not somebody leaked that from another campaign, those are the facts that are undisputable, at least for now. >> wolf, thank you so much. you and i will chat coming up in the situation room. but here we are with hour two. watch this. here we go. welcome back. top of the hour, i'm brooke baldwin. a couple stories that we have percolating, revival of fear in europe as stock markets are stumbling today. both sides rested in the
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conrad murray trial. and time to play reporter roulette. alison kosik, i want to begin with you live at the new york stock exchange. we have 60 minutes away from the opening bell. we have to talk about greece. the prime minister of greece pulling a fast one and we see that reflected in the numbers of wall street. president. excuse me. >> the prime minister. yes. this came out of left field. investors were wondering what happened here. it seemed like it was a done deal and now not everybody is so sure. he wants a public vote on this. volt t voters, this is the reality. it has unpopular austerity measures, pension cuts, higher taxes, raising the retirement age. analysts say that greece does not have an alternative at this point. if greece does not pass these cuts, it play have to default and may leave the eu and we will
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see that ripple effect happen throughout europe and then see it possibly come here to the u.s. brooke? >> we talked last week about the debt deal in europe. that was made late in the evening hours midweek. it prompted a global sigh of relief. is that, then, on hold? >> well, one thing is clear that the situation has blown up. there are reports now that this vote could happen in january and what that really means is we could have another two months of uncertainty and confusion. obviously that is not good for the markets or investors. now we are hearing unconfirmed reports that the referendum may not happen after all. with all of this back and forth, there's one thing that is clear. germany and france are not going down without a fight. they have been on the phone talking to each other. they are determined to implement the debt plan which took months to hammer out. because, you know what? this is not just about greece. it's about getting europe on
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more table footing. we will see what happens. to be continued. >> we saw those pictures of sarkozy and merkel with the smiles on their face. >> they are not smiling today. >> alison kosik, thank you so much. both the prosecution and defense have now rested in the trial of dr. conrad murray, dr. michael jackson's doctor. ted rowlands is outside of the courthouse. fill us in. what happened today? >> reporter: well, the big news was that dr. murray, when asked about the judge in this case if he wanted to testify, are you sure you understand the ramifications of this and he said, yes, i completely understand. we have some testimony. we finished it up with the defense expert and then the prosecution in the rebuttal case finished up their expert. as you mentioned, both sides rested and now the testimony is in. the jury has sat through a month of testimony and collectively
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i'm sure they are sighing, thank you. they are done. they are done with at least this part of it. now it's up to them. >> soits up to them, from what i understand, they get a break tomorrow and the case goes to the jury, what, thursday? >> reporter: yeah. the judge is giving them the rest of today and tomorrow, the lawyers to prepare for their closing arguments. thursday they will have their close and then the jury will get their instructions following the closing arguments. so i suspect they will start deliberating in earnest on friday. >> ted rowlands, thank you very much. another winter storm threatening the u.s. say it ain't so. why do i have to ask you about a blizzard? >> well, because we're getting there. this is one of many weeks in the central florida. it will be similar to last week but the big difference this go around is the winds. it's really, really strong. as much as 50 miles per hour. that's going to create a white out condition and that's why we have blizzard warnings in the red area. we're talking about castle rock
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south of denver stretching over towards the lineman area. denver proper under a winter storm warning. five to nine inches. the last time we had a storm like this, that turned into the big snowtober nor'easter. this time around it will not have a repeat performance. a lot of snow is going on in the northeast, albeit melting quite a bit. 1.1 million people without power. overnight temperatures shy of that freezing mark. we have a lot of freeze thaw and uncomfortable conditions for all of those people without any heat. >> jacqui jeras, thank you so much. next in reporter roulette, elizabeth cohen is here with me. we're talking today about this word you can epidemic. that is the word that the cdc is using when it comes to the prescription painkillers. >> right. people think if you're going to overdose on drugs it's cocaine or heroin but it's much more likely to be prescription drugs.
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in 2008, 15,000 people died from prescription drug overdoses and if you compare that to 1999 when it was only 4,000 and then if you think about it this way, there were more deaths due to prescription drugs than heroin and cocaine combined. >> that is unreal. >> isn't that unreal? >> say that again. >> okay. in 2008 there were more deaths from prescription drugs than cocaine and heroin overdoses combined. >> so were they looking at specific type of people who are overdosing on the prescription painkillers? >> you know, it's not who you would think. middle age people are the most likely to overdose and people in rural areas are more likely than folks who live in nonrural areas, than in the suburbs or the cities. >> why? >> i'm not sure they know the answer to that. but they need to think about that in order to get rid of this problem. >> as we talk, though, about people overdosing and people dying, why are they dieing? >> well, they are dying because
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many of the people prescribe these drugs for legitimate reasons. they help so many people. many of us needed them at some point in our lives. the problem s. people are crossing the line and they keep tanking them when they don't need them for pain or they become addicted. people are stealing their parents' drugs or, you know, that kind of thing. that happens as well. >> so how do we fix the problem? >> all right. two things need to happen. one, doctors need to get better at recognizing when someone has crossed that line and when they need to stop prescribing. >> is that easy to tell? >> doctors need to get better at it. they need to get better training. some doctors can tell quite easily. the others cannot. we need to empower patients. for example, store your prescription narcotic pain relievers in a secure place so someone else in your family doesn't get to them. because, unfortunately, that happens. they are not getting them from a
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skreet corner in a trench coat, they are getting them from a mom or sister or father in a medicine cabinet. the second thing, when you take these drugs, they help people, watch out for signs of addiction. are you still really taking it because you're in pain or paps because you're becoming addicted? >> okay. it's frightening. >> it is frightening. >> heroin and kok cane combined? >> yes, fewer people are dying from that than prescription overdoses. >> all right. thank you, elizabeth sdl sure. the secret moves of russian spies in the u.s. this is a rare look at how the fbi tracked trees sleepers undercover. also, this -- >> it looks like i changed my story. i didn't change my story. i simply got the wording right. >> in the course of 24 hours, herman cain has spoken multiple times about the sexual harassment allegations against him. today, hear why cain says this
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has been great. plus, john kor sign, hundreds and millions of dollars reportedly missing from his company, a company that went under and it's raising all kinds of eyebrows. we're going to dig further into this for you. and -- >> oh, my gosh. >> 911, what is your emergency? >> oh, my god! >> a chilling 911 call, moments after an elevator exploded. this is brand new. stay right there. my contacts are so annoying. they're itchy, dry and uncomfortable.
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stranding passengers on a snowy tarmac for hours. passenger on this plane stuck with no food, water, broken restrooms and to top it off a. crying baby. this apology comes from a video posted online. >> at the end of the day, you deserve better and we expect better from our crew members and our operation. >> jetblue says it was putting safety first and will cooperate with the investigation. to kansas, 911 calls just released after this grain elevator blows up. >> our grain elevator blew up. hurry, hurry. it blew up. >> this explosion felt up to three miles away. six men died. big bank bowing to the little guy. calling off plans to raise monthly fees for using the debit
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card. but occupy protesters not so impressed. >> it's not earth shattering. it's really not. >> we should add in the past couple of days, other big banks have canceled plans to raise similar fees as well. -- >> i know you know this film. the historic iowa cornfield made famous in the movie "field of dreams" has been sold. a chicago couple bought the 193 acre property. field included. the baseball field will go untouched and plans are under way for a sports complex to be built on the property. i want you to look at these little girls here. conjoined twins attach d at their chest and abdomen.
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doctors right now are working separating these 2-year-old little 2k3wir8s. >> i hope and pray that everything be okay and they are recovered successfully. >> the surgery is expected to take eight hours or more. now this -- >> it looks just like a spy movie. including one russian digging up a package of money from a dead drop. >> the feds call it operation ghost stories. russian spies trying to steal secret. the fbi revealing pictures and videos. you're about the see the spies' tricks and how close they got to infiltrating the information. tom fuentes is standing by.
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secret meetings, undercover agents. this is better than any bond movie because this is the real deal. new video and photos show the former russian spies meeting with undercover agents. it's fascinating stuff. it's like an echo of the cold war. tom fuentes is a cnn contributor. the pictures and videos are amazing. it's like a spy novel 101. walk me through what we are seeing today. >> hi, brooke. i think what the fbi is doing is
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showing you exactly that this goes on in the real world. it's not just in the movies and in books but this is the actual trade craft of spies in operation. >> so we're looking at these videos and i know the fbi released them because of the freedom of information act request. we see that she's now famous in russia, anna chapman, and these other spies, shopping, sightseeing, sipping coffee. what is it that they are really doing? >> they are trying to make contact in the u.s. so they can later get them to reveal secrets for whatever agencies that they are working for. so that's part of the charm operation of a spy, to try to lure someone into giving them a little bit of information. once they have them on the hook for committing a crime in the u.s., they continue to operate them and continue to get more and more information n this particular case, they didn't get very far.
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the fbi has been on them almost since the beginning several years ago. >> remind us, tom, i know you're saying that they didn't get much. but what did they get? anything of value? >> actually, no, brooke. they were charged with other violations and because they weren't charged with he is spee john nauj having got secrets, the u.s. was more than willing to make a deal and send them back to russia. >> but just looking at the videos u. tom, if we can play them again, you see anna chapman sipping coffee in a coffee shop. that's the whole point, right, to emesh one self in american culture? >> exactly. that's exactly what they were trying to do. it should be noted that the name of the investigation was ghost stories. the reason the fbi named it that is because six of the ten russian spies actually assumed the identity of the dead people. >> and it all came out on
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halloween but i guess the fbi is saying that that is mere coincidence. >> no, they could have released this -- they were authorize authorized last week. many bureau executives were -- so the timing of the release -- they want to put to rest that they don't v a sense of humor. >> what about anna chapman? i mean, like i mentioned, she's this mega superstar back in russia. is it unusual to see a woman, an attractive female in a spy role? >> no. they have been used in he is spee john nauj for years. that's nothing new at all. and i think she's going to take full advantage of this to be a celebrity from now on, in russia and here. >> sounds like she's already doing so, tom fuentes. thank you. clock is ticking for the super committee to reach a cut and who gets spared in america.
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or visit us on the web. don't wait. call now. well, just when you think politics can be little dry, we're talking about herman cain saying that he's the target of what he calls a smear campaign. cain has been fighting back, fighting back very hard against published claims that he sexually harassed two different women more than a decade ago. his campaign first rejected this report entirely but by last night herman cain said that he recalled one allegation and that there was a payout but it was small. robin meade had him on her show and asked him what else he might remember. >> now that we're a full 24, 48 hours into this, are you remembering what more happened, mr. cain? >> that is it. the best account is what i gave
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on another net -- another station. and the only thing that i added, remember, this was 12 years ago and i was trying to recollect this in a very busy day. the only thing that i can remember, any specific things that were in the allegation, i came up with the fact that i made a gesture by putting my hand under my chin, standing near this lady saying, oh, you're the same height as my wife. my wife is fight feet tall, comes up to my chin. i was simply making that comparison. my assistant was sitting right outside. i was falsely accused and it was demonstrated to be false. i wasn't aware of the second accusation. i have never committed sexual harassment toward anybody in my over 40 years. this was the only case that i know about. if there are any others out
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there, they will probably have oh make that up because i'm totally not aware and i'm not trying to hide anything. i'm trying to put it all out there for people to see. >> herman cain on hln. he says that supporters are standing by him. he told robin yesterday as this story was breaking open that he had one of the best fund raising days in his entire campaign. now in washington. so these are live pictures. this is the debt slashing super committee meeting today in this rare public session. so they are hearing right now from a heavyweight panel of the debt commission and how is this for a stark warning? take a listen, if you would? >> i've worked closely with almost all of you on both sides of the aisle i have great respect for each of you individually. but collectively i'm worried that you're going to fail. >> interest rates will go up, inflation will go up by the
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failure and guess who gets hurt? the little guy. the vulnerable guy that everybody babbles about day and night will be the one hit with a hammer on the scnaz. >> the panel hits the deadline in 22 days. jean is joining me from new york a quick recess, if i may. the committee is trying to do the work. the congressman couldn't quite accomplish last summer. and that's to make the tough choices required to cut the national debt, correct? >> correct. >> i'm sorry. go ahead. >> no. they are really being asked to do everything on the federal budget that congress has failed to do for years. and they are being asked to do it in a three-month period that has been run down two, three weeks. >> they are looking at the thanksgiving deadline. >> yes. >> both sides have proposals on the table. let's take a look. you have the democrats plan that
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he would cut the national debt by $3.2 trillion and this is true entitlement cuts and plus tax increases total $1.3 trillion. on the republican side, it would cut the debt by $2.2 trillion and spending and entitlement taxes only. so no new taxes again. they are fighting overtaxes again. this is this the crux again? >> i think it's taxes and also in part stimulating the economy. what you can tell from boils and simpson as you showed, they came up with an equally large debt reduction plan. they were asked about, your plans raised revenue, didn't they? and your plans also said be careful about the economic recovery. republican questions were more along the lines, you said health care costs were the biggest problem for the debt. isn't that right? so they were kind of asked leading questions. the more i think about it, it's
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like the democrats are saying, the grass is green and republicans are saying, the sky is blue. the problem is, they each have a point and they are not agreeing with each other quite yet. jeff, a co-chairman, republican from the house, he said the first thing out of his mouth when he asked the question was, i heard what you said on revenues. all the panelists said that we have to have revenues be a part of this mix but then he immediately went to health care questions and when he came back to the revenue side of things, he said, now, all of your plans reduced marginal rates, didn't they? and it's true. they reduced tax rates across the board but in exchange for that they also took away a lot of tax breaks. there have been reports out of washington that republicans are considering closing tax loopholes but we're seal where that goes. >> and if the trigger mechanism, if they can't make the deadline again, jean, thank you very
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much. >> yep. a big, big day in the trial of michael jackson's doctor. both sides rest their case so the jury gets closer to deciding his fate. plus, he's convicted of killing a mother and her young daughters in this brutal home invasion. as a jury decides the fate, the sister of joshua komisarjevsky reveals disturbing memories about growing up with him. sunny hostin is on the case. she's next.
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big news in los angeles. michael jackson's doctor decided not to testify in his trial. sunny, this decision by conrad murray not to testify, are you surprised? >> i'm not surprised by it because it would have been very, very risky for dr. murray to testify. but, brooke, it was really clear that he wanted to testify against the advice of his attorneys. his attorneys clearly did not want him to testify, he apparently vacillated between his decision to testify or not to testify. he was advised by the judge that it was indeed his decision and i will say it was apparently a very lengthy advisement.
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these things are usually very, very rudimentary but he was instructed by this judge that it was his right to testify and he said today that he would not testify. but no surprise to me but certainly many people felt like he wanted to tell his story. >> you think he would have been able to stand up to cross-examination? >> i don't think so. i mean, this is a very, very skilled prosecution team, brooke. they have made mince meat out of many of the defense witnesses on the witness stand and it would have been a blistering cross-examination. it's a moment that every prosecutor waits for when it comes to a defendant testifying. so i think a very good decision by dr. murray not to take the stand in his own defense. >> as we mentioned, both sides have now rested. the jurors get tomorrow off and then this goes to them, what, thursday? >> thursday. apparently closing arguments are thursday. i don't know yet how long each side will be allotted for those closing arguments, brooke. but we also know that the judge will have to instruct them on
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the law. there's only one count here, involuntarily manslaughter. it's very possible that this case goes to the jury on thursday for a verdict. we'll be on verdict watch, i predict, at least by thursday afternoon. >> okay. case number two, the connecticut home invasion murder trial, joshua komisarjevsky's mother and father have testified. this was the penalty phase here. today, the convicted killer's younger sister was on the stand. how did she describe growing up with this man? >> you know, terrible, terrible testimony came in. she testified about his sexual abuse of her for many years. the abuse stopped when she was 10 years old and he was 12 years old at the time. they are about two years apart. interestingly, though, she said that this wasn't violent. he wasn't a violent person. she saw it more like an act of control. she described a child that was very happy go lucky until a couple of incidents happened in his life. she talked about the loss of his
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grandfather and teacher and a car accident during which he sustained a head injury as reasons for the change, the sudden change. but what i thought was critical in her testimony is she explained that her devout christian parents did not get any psychological counseling for her, even after she revealed this abuse. rather, they wanted to rely upon their faith. on cross-examination, though, the prosecutor pointed out that she turned out just fine. we know that joshua komisarjevsky was also the victim of sexual abuse and now has been convicted of the triple murder in connecticut. >> does the sister, does she believe her brother was the mastermind has has been painted by the prosecutors? >> she does not. i thought it was just extraordinary. she said, i know he's not the kind of person that would decide to kill the petit family.
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so the sister, even notwithstanding this sexual abuse that he perpetrated upon her, she felt that he was not responsible for the mir deurdert happened. it was really quite extraordinary. >> sunny, thank you. drama on the runway. plus, a brokerage firm goes bankrupt and hundreds of millions of dollars, poof, missing. john corsyn and whether anything criminal happened behind the scenes. we'll speak live with a forbes reporter next. is a complete multivitamin for adults. plus an excellent source of omega-3 dha in a great tasting gummy. one a day, gummies for grown-ups. and started earning loads of points. you got a weather balloon with points? yes, i did. [ man ] points i could use for just about anything.
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street brokerage company cannot find hundreds of millions of dollars invested by it ises cli. the head of the company is jon corzine, a democrat, and he was inches away from cashing in a cushy severance package. let's talk in terms of this money, do we have a money figure, how much money are we talking about and do they even know where it went? >> hi, brooke, yes. the latest estimates is about $600 million and, no, they do not know what happened. but what they do believe is that the firm, mf global was using some of those funds when they couldn't find their own money to use or they were running out of their own money and they tapped into their client's funds which is a big no-no on wall street. they seem to have done that.
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there seems to be some kind of confirmation, everything anonymous and everything off the record. that seems to be the record. >> i want to talk about this wall street no-no. this is mf global and one of the main questions is did they mix their investors' money with the company's money which is a tentative wall street never, ever to do. >> you raised a the lof issues. first of all, the cme, the exchange or one of them on which they operated, the cme said that they already did mix the money. there was a report citing an official saying that they ran out of money and tapped into the funds. at the same time, this raises the broker rule, which is about separating commercial and investment banks. the rule is about banning proprietary trading with commercial banks. you don't want most of the savings to be betting on the exotic derivatives and dangerous
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and risky assets. >> what about jon corzine? he made bad bets, squandered his clients' money on european dead and apparently had a severance deal worth $12 million. so is it still win-win for the wall street folks no matter how poorly they performed here? >> well, i think that's not the right way to see it. he didn't really make the wrong bets. he managed them incorrectly. because up to this date, they haven't lost that much money. so it was more that there's two things. there's leverage and trust. his levels of leverage, they were about 80-1. so lehman was about 30-1. this was huge in terms of leverage. when people were scared that the situation could get sour and go worse than expected, then they asked them for more money as collateral and they got scared. at the end of the day, he didn't
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really screw up with his bets. he screwed up with leveraging money and lost people's trust and eventually people asked for money back because they didn't trust him and he didn't have the money. and about the severance package, i heard a figure about 12 million. if he indeed gets that, they may hang him but i don't think he's going to end up getting that or that he will accept it. that's kind of my own opinion right there. that's the figure that's been thrown around there. 12 million. >> what about big picture, possible ripple effects from this? is mf big enough that their crash could doom other investment firms? >> nothing serious. so, you know, they like to talk about systemic risk. mf global did not pose a systemic risk. it is explosion would not undermine the whole system, or implosion, rather. it does bring up the issue of regulation. it doesn't embolden regulators
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that as part of dodd-frank is the broker rule that i was talking about and there are different ways of interpreting it and what prol pry stating means. people are invoking stricter versions of the rule. maybe they will fuel obama's sort of -- i wouldn't say anti-wall street rhetoric all the way but it would fuel his sort of reluctance to accept and take the site of people rather than financial institutions. >> a lot of money is missing. augustino, thank you very much. >> thank you, brooke. still ahead, i tell you what, i was off yesterday. this is what everybody was talking about. kim kardashian. now that she wants to divorce her hubby of 72 days, lots of people speculate whether their wedding was a stunt. >> now this -- a reporter's dramatic run-in with the police
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time now for the help desk. joining me this hour is lynette and david, a certified financial professor. david, your question comes from beth. beth wrote that she and her husband have $25,000 in credit card debts and money in a 401(k) but they are worried about withdrawing from there because it would count as income earned when their son applies for
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financial aid. that's an interesting question. what can they do? >> i would leave the money in a retirement plan if possible. one option would be to get a home equity loan or line to pay off those credit cards because rates are at historic lows. if they are insistent on taking the money out of their retirement plan, take it out as a loan assuming that they are still working because it wouldn't count as income because they are borrowing it from the plan. you need to be careful because if they leave the job, the money would be due immediately. >> sure. very good point. lynette, your question comes from jason. he contributes 14,000 of his $60,000 a year salary towards his retirement plan. he's thinking about moving some of that into a roth i.r.a. and his employer does not meet his match. >> he may want to reconsider that. he's lowering his taxable income
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for the here and now so obviously he's reducing the amount of taxes that he has to pay. obviously, the roth has its own benefits. he's able to take out that money from the back end. he may think about doing a 60/40 split. >> guys, thank you so much. folks, if you have a question thaw want answered, send us an e-mail at any time to cnnhelp desk@cnn.com. this is $100,000. we asked total strangers to watch it for us. thank you so much, i appreciate it, i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money ?
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camera. take a look with me. this is a video from his colleague on scene. pay attention to the man in the red hat being led away on the left side of the screen. that's jonathan medor from "nashville scene." he was arrested at legislative plaza in downtown nashville on charges of criminal trespass and public intoxication. watch it again. guy in the red hat. they arrested in total more than two dozen other people here. it's tough to tell in this video if he is allegedly drunk or not. i want you to listen to the reporter's footage. i'll ask you. does he sound drunk? take a listen. >> sorry. i'm getting off. >> you're not. >> whoa, whoa. i'm a member of the media. >> you had your time. >> i'm a member of the media. >> you're resisting arrest.
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>> tell him when you get him up there, charge him with resisting arrest. >> yes, sir. >> let me know what you think. i love hearing from you on twitter. a court ruling says starting today tennessee officers cannot make any more arrests for the next 21 days. a u.s. district judge issued a restraining order on a new curfew the state of tennessee has been urging to push out protesters. the judge will revisit the issue on november 21. coming up next, twitter is blowing up over this one. kim kardashian pulling the plug on her short marriage after an extravagant wedding. that's an understatement my next guest say it is move hurt it is family's brand and credibility big time. we'll talk kardashian as next. is this a chevy volt? [ stu ] yeah. it's electric. i don't think so. it's got a gas tank right here. electric tank, right over here. an electric tank? really, stu? is that what you pour the electricity in?
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it's actually both, guys. i can plug in and go 35 miles gas free, or i can fill up and go a whole lot farther. is that my burger? oh. i just got bun. i didn't even bite any burger. whether it can be done safely and responsibly. at exxonmobil we know the answer is yes. when we design any well, the groundwater's protected by multiple layers of steel and cement. most wells are over a mile and a half deep so there's a tremendous amount of protective rock between the fracking operation and the groundwater. natural gas is critical to our future. at exxonmobil we recognize the challenges and how important it is to do this right.
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all right. whether you want to admit it or not, everyone's talking about this today. kim kardashian filing for divorce. the reality tv star calling it quits after 72 days of marriage to chris humphries. the story is burning up the internet. searches on yahoo for kim kardashian gors up 4,524%. vera wang agreed to create a less pricey version of the
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wedding dresses for sale online. a lot of people are asking is this marriage a scam? here to help us sort it out, margaret breto. one of the top trending searches on yahoo is, why are the kardashian as famous. help me out here. why? >> i think they are famous because they have a tremendous amount of awareness. they have a heightened, largely popular television show and the entire family is very popular. so it is a burgeoning brand or it was a burgeoning brand. i think it will be greatly impacted by the sham or what appears to be a scam of a marriage. >> let me ask you about it. new york post sold their rights to the tv wedding for $18 million. do you think all of that was just a publicity stunt? do you really think it was? >> it seemingly appears to be.
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brands are built on the credibility of the brand and your ability to influence consumers. it seems by the shortness of the marriage that it really was contrived and everything was really architected, orchestrated by the kardashian empire which will greatly see, i believe, a financial impact in a negative way from this marriage and the impending divorce. >> that was my next question. when you think of the empire and the kardashian tentacles it's everywhere. what kind of negative backlash might they see? >> i think that brands leverage credibility and your ability to maintain your influence over consumers. that's why they strike partnerships. i think the kardashian empire will really suffer in a negative way from the credibility that the marriage and subsequent
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divorce will bring. i think that consumers really do follow what the young girls of the kardashian empire do. they really buy the products that they sell and that they promote. think that will be impacted. now everyone will wonder if everything they are doing is simply for a check. one would think the covenant of marriage was outside the boundaries, but it doesn't seem like it was. >> on the subject of divorce let's listen to sounds from kim kardashian before she started dating kris. >> i have been married. i want to take it slow -- >> been there, done that. >> yes, but i definitely do want to get married. i just want to make sure that it's right. >> make sure that it's right. yet, what happened? >> well, think she was very convincing and i think that's a big part of the brand that they have built. they made it influential and very much a lifestyle brand. but to not give the wedding an
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opportunity, it was a very strong statement coming from kris humphries when he said he thought he was entering into a covenant which clearly the fact that he was blindsided simply means he wasn't necessarily a participant in this entire operation. >> okay. he says he is devastated. margaret, thank you very much. before i let you go, i want to get you to tomorrow's news today. let's fast forward. economists are on alert for what ben bernanke will say tomorrow on just where the economy is heading. the press board will get projections from the federal open economic committee. and i will speak to fareed zakaria. restoring the american dream, fixing education runs sunday night, 8:00 eastern on cnn. i will talk to fareed over the next couple of dais.
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