kerry killinger and other top wamu executives are in talks with the f.d.i.c. to settle a nearly one billion lawsuit filed against them. killinger has until to the end this month to respond to the f.d.i.c.'s complaint against him. regulators allege wa-mu executives took extreme risks with the bank's mortgage portfolio, which led to the largest bank failure in u.s. history. meantime, another former bank executive is headed to prison for eight years. catherine kissick used to head a mortgage division at the now- defunct colonial bank. she learned her punishment today. prosecutors say kissick's role in a $3 billion fraud scheme led to colonial's demise, as well as taylor bean and whitaker-- one of the nation's largest private mortgage companies. taylor bean's former chairman and owner lee farkas is due to be sentenced later this month. >> tom: here's what we're watching for next week. our friday market monitor guest is alan lancz editor of the "lancz letter." the federal reserve will be in the spotlight as it begins a two-day meeting on tuesday. chairman ben berna

and a 19-year-old man was shot and killinged and two others were injured -- killed and two others wereopened fire into the crowd. and don't forget the big parade kicks off tomorrow morning at 10:30 on market and beall streets, and goes all the way to market and #th streets. you are looking at video from last -- 8th streets. you are looking at video from last year's celebration. among those participating, chaz bono, sonny and cher's son. >>> and shaun mar mon was arrested after he repeatedly refused to pull up his sagging pants while he was on board a u.s. airways flight. the naacp says they want an apologize from u.s. airway and the staff need to go through sensitivity training. and the civil rights group is also pushing a case about a black woman not being able to fly, showing a bias that must be addressed. >> they have missed mormon to be accosted and arrested. the same thing should have been done for this person. >> and mormon's mother declined to say whether or not they will sue the airlines. she says her son is back in college in new mexico, trying to focus on his future. she says