i haven't seen the movie because i'm not on the a list like zurich.s pretty clear from the trailer, though, that moore's performance is, shall we say, pretty negative. why shouldn't palin and her people fight back? >> is that for me, howie? >> that's for you. >> oh, i'm sorry. why shouldn't they fight back? well, first of all, i would like to make it clear that any list that zurich is on, i do not want to be on. i also have not seen the movie. this just smacks of never letting the facts get in the way of a good story. the logic of it is so absurd. there is no logic to make a judgment on anything before you have seen it, and in a way it's very counter productive if palin was trying to be preemptive in this because all it's doing is generating buzz for hbo and the movie. hbo must be thrilled about it, and as far as hurting her reputation, i don't know how much more it could be hurt. >> okay. this movie is based on a book. >> absolutely. >> yes. which was well reported, but also relied on a lot of unnamed sources. it's not like it's made up, but it is ba

they were hidden in false compartments in three safety boxes in the swiss city of zurich. >> they are calling this the largest ever seizure of its kind. fake u.s. treasury bonds worth a staggering six trillion dollars. and enough to endanger the stability of the international credit system. it has emerged that the bonds were found in the strongest in a warehouse in zurich back in january using information, the police helped their colleagues make this. this was a sophisticated plot that unfolded across several countries. the authorities began unraveling it more than a year ago. they were investigating a mafia group suspected of loan sharking. a fake u.s. bonds were found in a raid on the suspect's home and suddenly, the police realized that the gangs at the grandest ambitions, a six trillion dollar scam. >> but from counterfeiting to corruption, with just a fortnight ago before the russian presidential election, there is growing public anger over what see as an endemic problem. it is widely seen that prime minister vladimir putin will return to the top job but his party has been nickna

. >> and zurich is the most expensive city in the world. that's coming from the latest world cost survey t compares food, supplies, schooling in various places. tokyo was second. and geneva following. >>> the talker of the day. what happened involving a child with a puppy. >> the video is incredible. she ended up and what rescuers had to do. >>> police think what may have happened that led this driver. you see it coming, going through a gas station. not yet. >> a live picture this morning. gorgeous out there. >> >>> how did dead birds end up on i-95. >>> and responsibility for a crash admitted. >>> and the maryland casino is moving closer to reality.

rich is the most -- zurich is the most expensive. >> the report is done twice a year and compares thingsuch as food, supplies, schooling items, various places. tokyo was second on the list with geneva, switzerland falling close behind. >> this is the one that you will be talking about. getting a 2-year-old out of a toy vending machine. >> .josh powell may have to rest in peace somewhere else. >>> when we dry out and temperatures drop off details coming up. >>> weekend is in store for the morning commute after the closing of the interstate. and what you can expect for travelers on crane highway. >>> cars are getting more dependable. the jd powers said that lexus, cadillac are the most reliable. >>> get ready for the increase in domestic airfares southwest added $10 when southwest raises fares others follow. american airlines did. the government is cracking down on those robo calls. the members that come during dinner. telemarketers will need your permission to call. >>> and and oscars may not be handed out at the kodak theater. the company has the permission to end the naming rights. >>>

it has emerged that the bonds were found in the stocks in a warehouse in zurich back in january. using phone tap information, the italian police helped their colleagues make the find. this was a sophisticated plot that folded across several countries. the italian authorities began unraveling in it a year ago. they were investigating a mafia group for loan sharking. fake bombs were found in a raid on a suspect's home and they realized that the gang had the grandest ambition. -- a fake bonds were found in a raid in a suspect some. >> a bomb has been detonated in pakistan. local officials said that the blast was targeting shia muslims. the german president christian wulff has resigned after it the parliament asked the courts to strip him of his immunity. he claimed he had always acted honestly. rupert murdoch has confronted the growing crisis of his media empire by telling staff that he is launching a new newspaper. this comes after he was forced to close the news of the world newspaper. he told staff that a senate version of "the sun" would be appearing soon. -- people staff that s

it has emerged that they were found in these trunks in a warehouse in zurich back in january. the italian police helped the swiss colleagues make the find. this was a sophisticated plot that unfolds it across several countries. the authorities began unraveling it more than a year ago. they were investigating a mafia group suspected of loan sharking in the south of the country. fake u.s. bonds were found in a raid on a suspect's home and the police realized that the gang had the grandest and additions, a six trillion dollars scam. -- the gang had the grandest ambitions, a six trillion dollar stamp. >> there's public anger in russia. vladimir putin is expected to get the top job at his party has been nicknamed the party of crooks and thieves. >> this woman caring for her father in the last few days of his life. he fought for his country in the second world war but even he became the victim of russia's rampant corruption. when vladimir putin promised all veterans a new home of their choice, corrupt officials stole half of the money he had been given. are around 50,000 pounds. he

let's take a look at some pictures coming out from zurich airport. 4 is in switzerland. heavy snow has caused delays on roads and cancellations of flights at airports. the weather led to cancel at least 52 flights on wednesday. and snow also set some significant stages for travel delays and road closures at least 130 traffic accidents on wednesday and one of the crashes has led to a four-hour bakeup. these kind of conditions are going to be prevailing here in central and eastern europe as this frontal system descends. some places will be seeing some snow accumulation which could be stagger but nots much as wednesday on thursday. out towards the west we'll see dry and calm weather for you as high pressure system will be dominating the area. eastern mediterranean sea area will see some thunderstorms and intense showers as well as strong specially in and around greece, heavy dump of snow will be seen in turkey and the balkans. temperaturewise actually on the other side of the jet stream especially paris will be looking at above average temperature at 11 degrees. double digi

zurich is now considered the world's most expensive city, overtaking tokyo. the report is done it twice a year and compares the prices of things like food, household supplies and schooling. >>mark: a man crossing the street and said francisco yesterday was hit by a shuttle bus and hand underneath. the man is just entering the crosswalk when the bus hit him. you can see the shuttle bus their hitting him. right now the man is in moscow. this happened at 80 and leavenworth streets. a portion of eddie was shut down as crews worked to free the man. he was transported to a hospital and authorities say he does have life- threatening injuries. we will be right back as the kron4 news continues. some costs >>erica: we are following health headlines this morning. new research coming out of washington university revealed that if you have a sinus infection taking is have diadics does not help you recover any faster or reduce symptoms compared to taking an active cboe. to read more on this study and have a link of life is the fan page. faugh >>mark: it is the best story in

to zurich where a man faced a broken heater in his volvo. he installmented a woodburning stove. see it right there. there it. is now the car heated with a wood burning stove and some kind of ventilation system so he doesn't choke to death. it's built into the front end and it's so cold there this winter the government is putting out warnings saying if you go on a long drive, take precautions because you might get smothered in a blizzard. this man's only precaution, got to make sure he's got enough wood. >> that's one warm car. >>> we want to hear what you think. send your e-mails to mcginty's mailbag, the address mailbag at wusa9.com. 9 news now will be right back. >>> in the mailbag tonight reaction to our debate on 9 news now at 5:00 regarding the proposed new virginia law that would allow private adoption providers to discriminate against gays and lesbians. matt says he is flabbergasted. i can't believe we as gay people are trying to prove we're no different than anyone else. i know of many gay families that have raised normal smart and well grounded men and women. the religi

of zurich which is agreed to reimburse the communities for their current. hoops we got caught there's a few bucks leave us alone we have other terrorist activities to conduct i'm going to see if there jamie dimon to lloyd blankfein that is some elementary school and fly by state america shaking down a kid for his five cent milk money and your foot so good you know that's the whole business model is shaking down whether it's taking them households making them kids taking down students taking them governments taking down the pentagon taking down the windows that's not their business model ok u.b.s. first of all barack obama has been photographed playing golf with the c.e.o. of u.b.s. america so he's in cahoots with them u.b.s. is also as we covered just two or three episodes ago they were involved in rigging libel or rates. that's right. that's right they're involved in of course a whole panoply of financial scandals and frauds of course after they bought paine webber my old firm in new york. the money launderers in washington in london decided the theory to

taking a look at the zurich smi, that market is down 0.4% to 0.5%, andrew. >> no shortage of red arrows in this part of the world either, nina. greece was a particular concern, as it always is at the moment. it wasn't just that. there are other things going on as well. most of the major indices as you see, right across the region were down today. the couple of new spots to quickly mention, we mention at the top of the show, first of all, the reserve bank of australia surprising many by keeping official interest rates on hold at 4.25% today. widely expected to see a quarter point cut. the economists had said that the australian economy could benefit from a rate cut but the reserve bank says otherwise. it says the australian economy is humming along quite nicely, thank you very much. very quickly, toyota coming out in japan with its latest quarterly earnings which are pretty good. it's full-year forecast wasn't as strong as many had hoped for. that came out after the bell. watch toyota tomorrow morning. nina? >>> 20 years ago today, political leaders gathered in the dutch city of maastric

i want to hone in on the zurich smi. that market down just over 0.5%. we had a foot company in switzerland, nestle, the company's profit was up 8% and sales increased 7.5%. nestle's share price is up by more than 1% right now. another reason the smi is down like the other markets, it was down 0.5 of 1%. the increases are on back of positive earnings. >> strong performance for nestle stock. in asia, a good reading, nina. the big four markets that we cover, down 1.7%. it was really the greek default concerns continuing to weigh on sentiment here. although in australia there were some specifics, one of the specifics was bhpbilliton. the mining company was down more than 2% at the close of trades in sydney on thursday. more than 3,000 workers walked off the job on wednesday. that kicked off a week-long strike over pay and working conditions. the strike affects seven coal mines which are owned by an alliance of bhp billiton. the strikes are expected to cost hundreds of millions of dollars in lost production. the company's australian mines are about 20% of th

. >> new number one this go around talking about zurich switzerland over took tokyo as the priciest city to live in in the world the swiss city of geneva tied with osaka japan third, oslo norway 5th, new york ranking 44th imagine the prices right the survey compares hundreds of prices across 160 products and services including food household supplies transportation utilityeducation. >> can't believe that new york 44th. >> well, what a bargain. >> compared to that you are right. >> coming up dc council chair kwame brown weighs in on a heated debate between two council members. >> plus an unusual approach to get kids to school in oh my owe we will tell you why it is -- ohio we will tell you why it is creating controversy  oh will you grab us some yoplait? sure. what flavor? mm, one of each. lemon burst, hm, cherry orchard, blackberry harvest... my daughter's grabbing some yoplait. pina colada, orange creme. i can't imagine where she is... strawberry cheesecake. [ grocery store pa ] clean up in aisle eight. found her! [ female announcer ] yoplait original. 25 flavors for you to l

largely a positive picture with the exception of the zurich smi. we've also had some german gdp figures coming out of europe's largest economy. they're showing a contraction of.2%. the fall was largely driven by a decline in exports of this country. those exports dropped by .8%. we should focus on ftse 100. we've had fourth quarter gdps that will come out in 1/2 hour. in light of that, a little bit of nervousness on the ftse 100. that market is only up by .1%. that's a look at how things are fairing in asia on friday's session. these markets, of course, have now closed for the week. they managed to put on a gain in the final hours of trading supported by better than expected jobs and housing data coming out of the united states on thursday. there was some positive news out of south korea. the consumer confidence had been climbing to the highest level. the surging price of oil has helped lift some of the asian energy as well. >>> now let's take you over to wall street and see what happened there on thursday. the major indices all closed in positive

. >> reporter: he scored another million-dollar payday when he won the zurich classic in 2010. >> yeah. so now this is -- i'm kicking this all into my kids' education and hopefully they will stay in school and do the right thing too. >> reporter: the moral of the story? the next time you're asked for one dollar to win a million, take the chance. who knows. your life might change, too. yeah, great stuff. coming up tonight, in about half hour, it's the par 5. we will wrap up the day in golf at pebble beach. we'll be joined by hooked on golf's john abedin drove exclusively. that's 7:30 here on cbs 5. >>> good morning some nfl news. 49ers general manager was rewarded for san francisco's great season. jed york announced he received a three-year extension through the 2016 season. baalke was originally hired as a scout in 2005. so that's it. two rounds in the book. tiger still prowling, mickelson still there. a cal product in charge of the at&t pro-am. dana, allen? >> charlie wi. >> and to defend roberta, i just want to remind you that she did tell you it was going to rain there. she told you

not too far behind for the zurich smi, off half to two-thirds of a percent.ut the london ftse and the cac off by .25% each. >> the asian markets ended in positive territory for a variety of reasons. the nikkei ended up by almost 1%. exporters did well because of a weakening yen. at one point in dollar-yen trading, the yen broke the 80 yen barrier. that was good for exporters. alibaba was the big winner in hong kong trading. that's because its chinese parent company had announced it wanted to take it private. so alibaba.com jumped 43% in early trading. shanghai composite up 1%. the main aussie benchmark basically flat but in positive territory by the end of wednesday's session. charles? >> that is it for this edition of "world business today." i'm charles hudson in london. >> and i'm pauline chu in hong kong. you're watching cnn, the world's business leader. good-bye for now. ask me. [ male announcer ] even if you think you can live with your old mattress... ask me how i've never slept better. [ male announcer ] ...why not talk to one of the 6 million people w

bonds from safety deposit boxes in zurich. now, what was the problem? well, just one small one.ake. what fascinating fakes this were. some were in denominations of $1 billion each and record a date from 1934. the u.s. treasury says the bonds were obviously fake. the highest denomination they've ever printed with half a billion dollars, and those weren't printed until 1955. if they had been real, they could have paid off all the outstanding student loans and credit card debt in the united states and bought everybody in the world an ipad. don't wait by your mailbox. the correct answer to our gps challenge question was, d, mademoisell was for unmarried women, and it is now banned from official french forms. in the past women had to say whether they were madam, a married woman, or mad mow sell, unmarried, but all men were simply miseur. thanks for being part of the program this week. i will see you next week. >>> hello. i'm richelle carey with a check of our top stories. violence erupts at a plow test in northern afghanistan. one person was killed and several u.s. troops reported an

bonds from safety deposit boxes in zurich. now, what was the problem? well, just one small one.re fake. what fascinating fakes this were. some were in denominations of $1 billion each and record a date from 1934. the u.s. treasury says the bonds were obviously fake. the highest denomination they've ever printed with half a billion dollars, and those weren't printed until 1955. if they had been real, they could have paid off all the outstanding student loans and credit card debt in the united states and bought everybody in the world an ipad. don't wait by your mailbox. the correct answer to our gps challenge question was, d, mademoisell was for unmarried women, and it is

the bonds carried a fake issue date of 1934, and were transferred to a swiss trust in zurich via hong kong. italian police said they had arrested eight people who were trying to sell the fake bonds to a developing nation. the sale never went through. libyans marked the one year anniversary of the revolution that toppled moammar qaddafi. the former leader was captured and died in the hands of rebel fighters last october. in benghazi, people gathered in liberty square for friday prayers, which later turned into celebrations. waving the libyan flag, many cheered for a revolution in syria, where government forces continue to crack down on opposition protesters. harry mcpherson, who served as counsel and special counsel to president lyndon johnson, has died. mcpherson also served as president johnson's chief speechwriter from 1966 to 1969. in 1968, he worked on one of the major addresses of johnson's presidency, when he announced an end to the bombing of north vietnam. and as the president discussed with mcpherson, he had a late addition to the speech-- the stunning announcement that he wo

carolyn is following that story as well in zurich and joins us with more.i, carolin. >> reporter: that comes on a contract drilling services unit to the tune of $5.2 billion. now contrary to what you would expect, ross, we're seeing transocean shares rise by 1.6%. why is that? let me try to explain here. first off, this goodwill impairment charm was expected though we didn't expect it to be this high. we're at $5.2 billion. this is the equivalent of two-thirds of the goodwill value. however, for the first time transocean also made a provision regarding the macondo well incident and that was only $1 billion. this is much less possibly than what many analysts had had feared also signaling an end of this legal dispute after two years after this incident had happened. now apart from the massive goodwill impairment, the underlying business performance by transocean was actually pretty good. that may be another factor for the outperformance of shares today. revenues in the fourth quarter rose by 14% to $2.4 billion and a cash flow was quite positive up $71 millio

zurich financial stock is off 1.7% it at the moment. the q4 profit has fallen on thai floods. speaking earlier on this channel the ceo had this to say about the company's prospects. >> the interest rates will remain low for quite some time and that obviously makes it somewhat challenging but we feel the way we are positioned and the way we are capitalized in a good position to take these challenges. >> charlie morris is with us this morning. charlie, what do you make of what corporates have been saying, european corporates as we go through the season? have you detected a clear trend or not? >> european equities have a lot of headwind against them. when we look armed the world it's not the first destination i would put my money. one of the reasons is the currency. the other is the recovery is much lower than on the other side of the atlantic. i think that's also true in emerging markets in asia as well. people are excited with about the strength of recovery there. i don't see it as strong as we had in the last few years. america really is the story at this time. i think we shou

carolin is in zurich. >> reporter: ross, you really can't sugar-coat it. net profit was 40% below consensus and, as you said, ubs gave us an extremely cautious outlook for the first quarter basically because the eurozone debt crisis and the u.s. fiscal crisis and the banking position in europe and says this could hit revenues and net new money flows in the months to come but there are a couple of bright spots here in those numbers. believe it or not, i've been looking through some analyst notes and they point out the capital position looks surprisingly strong with 14.1% also. let me point out ubs has assets much faster than expected. they're down 10% quarter on quarter so this is a big positive for ubs. talk iing about the investment bank, that's more of a mixed bag because, yes, it did record a pretax loss in the investment bank. however, that loss was a bit smaller than expected. revenues were actually up by 41% so clearly ubs is bucking the very negative trend we saw over at deutsche bank last week. fixed income revenues rose by 21% quarter on quarter,

that study says zurich is 70% more expensive than the big app apple. geneva comes in third. makes the top pen. there is good news for you. for you folks out in los angeles, you probably won't be surprised to hear that the city of angels is the country's most expensive cities. ranks 42nd overall. let's go to another dubious list. website 24/7 wall street ranks the states with the highest foreclosure rate in the leader by far there, unfortunately, florida. its foreclosure rate of 12% nearly doubled second place new jersey. illinois, nevada, new york, rounding out the foreclosure top five. or flop five. if you are talking about the most affordable homes, the place to be is in youngstown, ohio. new study by the national association of home builders and wells fargo. most unaffordable? the new york city metro area. no surprise. here's one for the road. nevada's become the first state to adopt regulations on self-driving vehicles. google has been test driving its self-driving cars and worked with nevada to come up with the robo road car rules. do you really want to see a robo car o

they had been transferred from hong kong to zurich in 2007. eight arrests have been made. of calls out to some of the u.s. officials to see if they have any comment on this. by the way, there were three such incidents of fake u.s. securities found in italy in 2009. the biggest one that i saw there was a seizure of $116 billion. and this takes it to a whole new order, carl. $6 trillion is the number. we keep double-checking that. now we've got a bunch of wire stories that are confirming that. like i said, we're trying to get some u.s. official comment. but it is the number that is out there, carl. >> it's going to get a lot more interesting, steve. thank you for that. incredible. steve liesman back at headquarters. >>> he's all the sports world is talking about. he's jeremy lin, the kid who went undrafted and was tossed aside by two teams. now the king of new york boosting msg stock, network ratings and causing a frenzy for anything lin. darren rovell is back at headquarters with a first on cnbc interview with lin's agent, roger montgomery. >> thanks so much, carl. if you t