secret service scantm. a public apology from the man in charge and new revelations what happened in columbia might be an isolating incident. >> more trouble about facebook's debut on wall street. making history, after all that violence we witnessed, why theorld is paying attention to one piece of real estate tonight. and what do wemmen want? that racy novel everyone has been talking about and where it's really hard to find these days. plus more tonight on new changes if you're planning on flying with your family this summer. "nightly news" begins now.

good evic. it's only been a public company since friday and yet tonight, the headlines surrounding facebook are along the lines of what went wrong? the ipo initial offering got a lot of attention. it was breathlessly hyped and white it made a lot of people rich, it was botched from the start. now some shareholders and remember, there have only been share holders for four days, are suing this newly public company because some have learned that some folks had inside information prior to the sale and many people now feel a bit hung out to dry by a 28-year-old millionaire and the sprawling company he runs. it's where we begin our coverant tonight with tom costello. >> what happened to facebook, the most anticipated initial public offering or ipo in years.

>> the odds are stacked against you. if you're not an insider, you're going to be left in the cold. >> it's been the talk on wall stre street. first, an embarrassing nasdaq glitch that delayed the ipo, then the stock's performance. opening at $38, popping to $45, and then plunging to $41, today closing at $432. all the while, mass confusion as investors were unable to confirm trades. now, allegations that they may have informed only it most valuable clients that it had a negative view of the prospects. if the allegations are true, then the s.e.c. has to come in to morgan stanley and demand the heads of everybody who was involved with this deal. >> morgan stanley insists it followed the same procedures for the facebook offering it follows

for all ipos. already, the lawsuits are mounting. today, the senate banking committee began asking questions as massachusetts subpoenaed the internal trading documents. >> it is clear that they believe they're low on scruples and high on get rich schemes. >> all of this as congress considered tougher oversight of the financial sector. tom costello. nbc news, washington. >> let's talk about this more with andrew ross sorkin. he's with us in the studio tonight. correct me if i'm wrong. is this a case of the rich get richer. another available to the 1%, mitigated by the stock it is down from where it came out?

>> it would feel this way. this is that and probably more. it couldn't come at a worse time given the enormous mistrust the public has of wall street. this is 1% versus 99% all over again. the idea that the playing field is not level, that certain people, certain investors are getting access to information and the other guys, mainstream, isn't getting the same information. and who is holding the bag? an ipo, somebody is buying and somebody is selling. in this case, the public is the buying. in that case, maybe they were the fool in this case. >> in the meantime, the stock price is down. >> that's the toughest part about it. >> as always, thank you. the world's largest personal computermaker, hewlett-packard, said today it would lay off 27,000 employees. this is going to hurt. that's about 8% of the work force. they said the reductions will

save hp as much as $3.5 billion a year. the director of the united states secret service has spoken publicly for the first time since last month's misconduct scandal involving prostitutes in south america. and that hearings on capitol hill today, it was revealed that what happened there may not be the first instance of that kind of misconduct. our justice correspondent pete williams has more. >> director mark sullivan came to apologize for a scandal that has shaken the secret service but insists his agency has no cultural problem. the dozen agents who invited prostitutes to their hotel rooms did not place bn in skiert. but senators were highly skeptical it was an isolated incident. they reveal that secret service records contain three complaints

of relationships with internationals. in 2002, at least three agents left after they were caught parties with underaged girls and one uniformed officer was fired. cartagena senator said could not be the only time agents misbehaved. >> this is like a wound to a body. we have to get in it, find out what happened, clean it out, and then let it heal. >> the committee also disclosed that the agents in cartagena went out in small groups to several different nightclubs. each bricking back a woman to their hotel rooms which were registered in their own names. >> the strongly suggests that the agents were doing something they felt comfortable about and they had very little fear of their being any consequences for their actions. >> as for the secret service

culture, sullivan said in a survey last year, 60% of employees said they would report unethical behavior, a figure that struck several committee members as low. >> that's my concern, when you hear the story of what is done on the road stays on the road, my guess is within the service, there's a pretty high level of detore, possibly even a code of silence. >> the secret service correct director said he's convinced there's reno problem but committee members said he must assume there is. >> pete williams, pete, thanks. sgla we know more tonight about the midair incident that was our lead story here just last night. the u.s. air flight from paris to charlotte that had to put down in bangor, maine after a woman said she had a device surgically implanded in her body. in the note she passed to the flight attend nls, she said she

was a victim of a group of doctors and the object in her body was beyond her control. there was no object, it turns out. she's bean turned over to customs and returned to france. now to a first in the arab world and day that could set the course for egypt for years to come. after all of the violence and revolution we witnessed there for ourselves over a year ago now, this was the day that egyptians wept to the poles in a history making presidential election. our chief foreign correspondent richard engle is back in cairo tonight. good evic. >> good evening, brianer what a day it's been. for the last 5,000 years. egypt was ruled by pharaohs and consultants, kings and military commanders. now that's starting to change. egyptians by the million turned out to make history. >> freedom and to feel that we are human for the first time.

>> mostly, it was peaceful as voters lined up in cairo to choose from among five leading candidates. a socialist, two islamists with tied to the long banned muslim brotherhood and two with ties to former presidential mubarak. it wasn't always certainly this day would come. last year in tahrir square, millions demanded democracy. today, the protesters are gone. instead, tahrir is full of flags and campaign posters, as egyptians are practicing the rights they fought and died in this square to achieve. but the election will be decided in villages like this, outside cairo. many egyptians live in the countryside, mostly in poverty. this is the heartland. like all of egypt, it's divided. it's a choice between continuity and a new direction under isl islamisla islamic leadership that could

see them turn away from pro american policies. we saw muslim brotherhood activists helping voters find their names on ballot lists. i support the muslim brotherhead because it has long said that islam is the solution, he says. not everyone agrees. the campaign has been vigorous. mass rallies, televised debates. in the overwhelmingly muslim country, islamic candidates have a big advantage, the pulpit. at a recent campaign event, a cleric rallies the crowd. they cheer, the people want islamic law. that could mean big changes across the middle east. the muslim brotherhood disagrees with u.s. paul oshere and has threatened to change or even tear up egypt's peace treaty with izraem, forged four decad s decadeses guo by jimmy carter. >> they know that peace forige

want and israel is crucial to their people and their future. they gave me the assurance that the peace agreement with israel would remain in tact. >>ige want is as a crosis roads as people here for the first time chose their own future. voting continues tomorrow. no candidate is expected to win an outright majority, so there will like laly be a run off nex month. >> richard, thanks, as always. also overseas, pakistan has severely punished a doctor who helped the u.s. find osama bin laden by collecting dna samples during a ruse. what was called a fake vaccination program. he's been sentenced to prison for 33 years for high treason in pakistan. on the presidential campaign trail, back which newt gingrich plijed $2.50 a gallon gasoline, he was called out at the time for an unrealistic number. today, some of the same thing happened to mitt romney when he

made a pledge on unemployment as defense of his work at bain capital. >> speaking to a room full of latino small business owners, mitt romney blasted the president for in his words, attacking their success. >> it's no wonder so many of his own supporters are calling him to stop the war on job creators. >> vowing to turn around the lagging job market, he made this promise, that he would lower the unemployment rate to 6%. and after the report at bain capital. >> it was like watching an old friend bleed to death. >> he defended his experience in an interview with time magazine. >> having been in the private sector for 25 years giving me a perspective on how jobs are created that someone who has never spent a day in the private sector doesn't understand.

>> to win, he will have to improve his standing among latinos. he's trailing the president by a large margin in which is now the country's largesh growing group. >> soy mitt romney. >> and today, he touted his vision for improving education. >> millions of our kids are getting a third-world education. and america's minority children suffer the most. this is the civil rights issue of our era. >> still, barely a quarter of latino voters have a positive opinion of romney. >> he doesn't just have a steep hill to climb. he's got mount everest to climb and he has do that quickly. >> the president faces his own significant challenge turning out latino voters. many support him but aren't as exciting about the election as other americans. >> it was revealed today former

first lady nancy reagan is recovering from a fall back in march that left her with several broken ribs. she was due an an event at the reagan library last night but could not attend. she is recovering slowly and needs to stay home. still ahead here on "nightly news" tonight, the young drum major and his college band beaten to death, tonight, what his fellow band members say really happened, and why his anguished parents say that just can't be true. and later, the book that's electrified women across the country and what we're learning about where it's flying off the shelves the fastest. 've got... [ dennis ] ...allstate. really? i was afraid you'd have some cut-rate policy. [ kyle ] nope, i've got... [ dennis ] ...the allstate value plan. it's their most affordable car insurance -- and you still get an allstate agent. i too have... [ dennis ] ...allstate. [ roger ] same agent and everything. [ kyle ] it's like we're connected. no we're not. yeah, we are. no...we're not.

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band put a spotlight on hazing among big-time marching bands. tonight, there are new details on what happened in the moments leading up to robert champion's death. our report tonight from nbc's kerry sanders. >> florida a&m drum major robert champion was beaten and stomped to death in what the prosecutor called homicide by hazing. in more than 1,500 pages of court documents, they included those who carried his casket and he willingly faced it down. >> did anyone try to take him into it or talk him out of it? >> he was wanting to do it all season. >> bise is among 11 members now charged with his attack, an attack that spiraled out of control. >> i saw people kicking him, so

i stopped them from kicking him and i put my body around his body. >> after climbing onto one of nine charter buses, in the darknist, he faced down the cross over, a band nishation in which members endure a gauntlet, stumbling from the front to the back of the bus. members punched, hit, and kicked him. >> he said he couldn't breathe. so i checked hum. >> this is shameful. >> champion's parents and his lawyer said they're not satisfied with the third degree felony hazing charges. they call this a murder and dismiss any notion their son willingly submitted. >> he wasn't violent. he wouldn't do any hazing. >> according to the investigation, at least two other band members were also hazed that weekend. they survived their attacks, unlike robert champion. kerry sanders, nbc news, miami.

up next here tonight, a new travel challenge for families with small children this summer. and last week, he was playing weatherman. wait until you see what a real prinls is doing now. ce is doing. my son and i never missed opening day. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function, starting within 5 minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicort, today i'm breathing better, and that means... game on! symbicort is for copd, including chronic bronchitis and emphysema. it should not be taken more than twice a day. symbicort may increase your risk of lung infections, osteoporosis, and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking it. [ whistle ] with copd, i thought i might miss out on my favorite tradition. now symbicort significantly improves my lung function,

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we were slaves. we belonged to people. they sell us like they sell horses. >> mard to make out, difficult to understand every word, but that right there is the only time most of us will be able to hear the voice of a former slave at age 101. it's placed in the library of congress national recording registry for audio files, history buffs, it's the national's treasure-trove, among the new music inductions, "i feel love" by donna summer, the theme to the charlie brown

christmas. >> attention parents of small children. you know infew perks of flying with splaul children, you get to board the plane first. not anymore. at least on united airlines. families with small children and diaper bags and car seats and folded up strollers will no longer get the perk. they have dropped the perk they say to simplify the boarding process. maybe it's the fact his mom has been on the throne for 60 years and right now, he figures why not, but prince chals appears to be cutting lose these days. there's no stopping him. he showed up on the bb crunews doing weather. now he's moved on to dj'ing. he was scratching with the kids. while the head phone concept was foreign and his beats do need work, he's had a nice flow. up next here tonight, the

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it's actually a series of dirty books, all under the banner "50 shades of gray." 6 it came out in april, it's america's dirty, guilty, racy, and twisted pleasure, whether consumed on paper or on an elentrochen screen. it's when you go to borrow it from the local library that you might run into trouble. >> the only thing hotter than the eratic "50 shades of grey" trilogy is the debate over whether libraries should carry it. >> it's not what we deem as appropriate material for the book shelves. >> six other libraries banned the books, too. barbara jones admits the novels are not great literature, but disagreed with the ban. >> libraries exist in our communities to protect and defend the freedom to read in the united states. >> he makes a low sound in his

throat. >> they're an unqualified hit with women. >> and ebook spread of success. >> the series now in its 50th printing is a cultural phenomenon. >> i'm not going to say that. >> ellen degeneres having fun with a steamy story about an affair between a college student and a rich man, described as mommy porn, saturday night live parodies it as the ultimate mother's day gift. >> the ladies of the "view" asked president obama about it. >> what is the controversial sex book that's on millions of women's bedside table? he doesn't know that. >> good. next. >> i'll ask michelle when i get home. >> at libraries where the books are in stock, there are waiting lists. dallas, st. louis, minneapolis, cleveland. and here at the new york public library, more than 4200 people

are waiting for a chance to read one of the three books. i know, i'm turning 50 shades of red, too. inappropriate or private affair, these books once wisperked about among women are now public conversation. >> that's our wednesday broadcas