kerry cavanaugh, wbal tv 11 news. work,ker's continue to you are urged to avoid this area. >> find their way, take the metro, take the light rail from the north, -- >> and here is a closer look at the streets you do not want to be near tomorrow. the department of transportation tell us we are -- where st. paul is closed from lombard street. with the exception of the far left turn rlane, orders will be directed to turn left. stick with 11 news for continuing coverage on the impact of this water main break. we hall of the latest the taurus with traffic beginning at 5:00 a.m. -- detours with traffic beginning at 5:00 a.m. and local lawmaker is taking steps to balance the power of city government. he introduced four bills tonight including charter amendments that would pare the number of members down and shrink the votes needed to overcome a veto and allow the city council to add money to the budget if it does not produce -- if it does not approve of the spending plan. >> baltimore has a very strong mayor system of govern

kerry cavanaugh is live in north baltimore with the latest. >> officials tell us there are about 300 liquor stores in baltimore city, about a third of which are located in residential areas. now several city agencies want to change the loopholes that allow liquor stores to operate in neighborhoods, all in the interest of making those neighborhood safer, they say. >> he caters to divert clientele at his mount vernon liquor store. his father started the business 45 years ago when he emigrated from korea. the city estimates that 90% of neighborhood liquor stores are owned by korean americans. the new zoning proposal would make that business model obsolete. >> it is their retirement. you cannot just take that away with no compensation. >> poor public health outcomes and more violent crimes are associated with these neighborhoods that have concentrations of liquor outlets. >> he says stores like his villain need in the neighborhood, often operating despite criminal activity. >> people that are brought up in that environment are not going to change because there is no liquor store. >> hund

kerry cavanaugh is live with the latest. >> the guardian angels held a vigil here tonight or bowman and other gay, lesbian, bisexual and transgendered victims of crime. friends and family say he had a wide support network. -- a wide network of friends. he was wearing women's clothing when he was shot. witnesses said the gunman pulled a weapon, took aim at bowman for no apparent reason. those close to him believe his cross dressing may have provoked the attack. >> it is so are running because african-americans were slaves not too long ago. we were a victim of this prejudice, and we still are today. so to be a victim and to victimize another group of people is ridiculous. >> tonight please tell us they have not charged anyone with bowman's murder nor have they decided whether to classify it as a hate crime. some residents in howard county say a certain street sun has an expensive connotation. the sign in question sits here in the streets on columbia called coon hunt court. has created such a disturbance, has been stolen numerous times over the years. one homeowner said that move is import

officer cavanaugh arrived on the scene and assisted lane and was still struggling with one of the murder suspects. lane immediately called for medical assistance. the deputies arrived and were quickly briefed and directed to enter the residence and locate the other outstanding suspect. the into the house without hesitation and were told by the victim's son the they were still in there. the officers moved further into the residence risking their own lives. the officers located officer august and began a systematic search of the residence. the first searched the middle level where they located a gun on the dining room table. the officers secured the gun in his shirt. the middle level was cleared as they moved to the upper level. they saw another gun lying on the bed. they moved to the lower level. they heard movement coming from an unknown area. they identified themselves as police officers and observed a woman walking towards the with a kitchen knife in one hand and a cell phone in the other. a woman was trembling with fear and told them she was the one who called police from the closet.

. >> they seem to have decided over the last few days is what mike cavanaugh said that they would take the restate the first quarter based on their at least assumption that while these marks on the cio portfolio were, quote, within bid-ask spreads, they were not in good faith. they apparently listened to hundreds of hours of tapes and different languages. >> not in good faith is another way. >> i speak english. to me, bad thing, but jamie dimon did use the word accident. you get all of these things like accident and that's different from fraud which is different from bid marks not within. >> and the optics of the situation are quite good for jamie dimon and j.p. morgan. they restated the first quarter. they have thrown out the numbers for the clawbacks, so all of it is the next earnings conference call, are we going to be talking about this? >> i don't think so. >> we may be touching on it a bit, but we're not going to be focused on it. we won't literally have hundreds of pages of different presentations having to do with it as opposed to just focusing on the numbers them. when you loo

senior analyst paul cavanaugh started working for wasendorf at the chicago office in 2005 and moved tohis weekend, without a job, he was heading back to chicago and when we caught up with him here wasendorf was on his mind. if you could talk to him, what would you say to him? >> how could you possibly ever be happy when you're lying everyday to everyone that you're employing and stealing from their customers. how could you live that life and be happy? >> i think we trust people a lot and we have faith in people doing the right thing at the right time and sometimes we get disappointed. >> reporter: i for cedar falls, iowa, this is one of those times. dean reynolds, cbs news, chicago >> pelley: and that's the "cbs evening news" for tonight. for all of us at cbs news all around the world, good night. . >>> now, "entertainment tonig " tonight," the most-watched entertainment news magazine in the world. >> oh, hi. how are you? i'm sage. >> what killed sylvester stallone's son? the "e.t." death investigation. >> i'm always more nervous for sage. >> what his most recent photo alive revealed.

senior analyst paul cavanaugh started working for wasendorf at the chicago office in 2005 and moved tone. this weekend, without a job, he was heading back to chicago. and when we caught up with him here, wasendorf was on his mind. if you could talk to him, what would you say to him? >> how could you possibly ever be happy when you're lying every day to everyone that you're employing and stealing from their customers? how could you live that life and be happy? >> i think we trust people a lot and we have faith in people doing the right thing at the right time, and sometimes we get disappointed. >> reporter: for cedar falls, iowa, this is one of those times. dean reynolds, cbs news, chicago. >>> the fda has approved the first drug shown to reduce the risk of hiv infection. truvada is a preventive measure for people at high risk of acquiring hiv virus through sexual activity, such as those with hiv-infected partners. >>> coming up after your local news on cbs this morning, the latest on the drought and how it's already affecting the u.s. economy. plus, a huge security shortfall, now massi

and look who's joining us, matt cavanaugh is with us, also a star of broadway, allegedly the father oful. >> you deserve it. after everything you've gone through, molli. >> we do want to give you a little something. we know you're training for a triathlon so visa has donated a $2,000 gift card for you. which is huge. don't worry, you don't have to take this on the plane. >> you can buy cute outfits. >> thank you so much. >> you're welcome. >> such a great, great bunch. >> i think this is the first time we've actually had someone memorize the song as well, jenny. so thank you for that. >> you inspired me. >> she had three days. >> that's right. what took you so long? all right. great to see everybody. god bless you, molli. you're in our prayers. for the everything. god bless you. >>> tomorrow, freid pint dough joins us. >>> also your best se

corporate and investment bank co-ceo pointo whom dimon e said was a great fellow manager and mike cavanaughs here of jpmorgan. it is a crowded race an one only now getting started, sue. i'm sure a lot of betting going forward. >> i'm surement it's going to be interesting to see who gets the upper hand and how many people stay around. i mean, i would think that if you think you are in the running you are certainly not pursuing other avenues at other firms. >> sure. and it's an interesting mix of people. and i should note that most of that group in the 40s. gordon smith is on the bubble for the age argument but all different parts of the bank. mary erdos running the asset management division and then gordon smilt from the consumer side so it's real mix of people with a mix of expertise and they're also folks today who were sort of left in their current positions an not part of senior roles and may have surprised people including doug bronstein. >> thanks, kate. bob, over to you. >> tough time for farmers. worst drought in decades. craig forbes has 1,200 hogs, farmer on 1,700 acres. thank you

. >> reporter: former pfg broker paul cavanaugh says he wonders about the claim, as well. >> i just can't understand when he would have had a chance to be going down in the basement and photo shopping things and changing these records. you know, i just don't know where he was doing that. we didn't see anything like that in the office. >> reporter: prorls certainly aren't takes wasendorf at the word. the investigation is on going. the bankruptcy trustee hired forensic accountants in part in order to determine if anybody else was involved. now, what about wasendorf's son? he was granted power of attorney from his father just days before the company's collapse. well, his attorney tells us that wasendorf jr. is cooperating with authorities but we also have learned that russell wasendorf jr. put his house up for sale just this week. the attorney says that junior's father is public enemy number one here and he doesn't want to stick around. asked what message that sends to the community. the attorney say that is he has to look out for his family and doesn't care what message it sends. guys? >> s

cary cavanaugh reports from atlanta. >> that is the first question i asked -- was god, why, why?porter: friends and family of hannah say they're struggling to understand why the woman who has battled so much is being tested yet again. a three-tile cancer survivor has been in north side hospital since early july. after many tests doctors eventually discovered she was suffering from a rare bacterial infection. >> her body had a severe reaction to it and we weren't fighting the bacteria as much as her body's reaction to it. >> reporter: her husband says the bacterias most commonly found in dog's saliva. the couple had the dog for a year. they can't pinpoint when hannah would have been exposed. he says the infection first weakened her kidneys and lungs, septic shock set in sa taattack her fingers and toes. doctors said am amputating her hands and feet was the only option. her friend says she has a huge support system watching over her and praying for her every day. she says the surgery may have changed her physically but nothing will change the person they all love. >> people want to

here is carry cavanaugh with more. >>. to pay more at the grocery store.e 3%. >> this heat has a decimated affect. >> she says price hikes on crops like wheat, corn, and soybeans will increase everything from meat to milk and bread. she expects the biggest hit to come in a butcher's department. >> corn is one of the major ingredients in cattle feed. consequently when the price of corn goes up, that feed goes up and that creates a hardship on the farmers and ranchers to graze cattle. their reaction is to trim their herds dramatically. >> which will decrease supply and drive up prices for med ricou -- read me. >> keep his first. >> shoppers say they are clipping coupons. she spends over $200 a week. >> i have seven children. and grandchildren >> she said she relies on cheaper staples like chicken or eggs. they will cost more soon. >> poultry tend not to lay large eggs. if they lay at all. it has an impact on the poultry so the chickens will die. >> this is bad news for seniors to understand as the cost of food goes up, those on fixed incomes will sacrifice s

mike cavanaugh, he's been promotes as well. he's someone that jamie thinks very highly of.sting new faces aet the helm here, melissa, and think it will be worth keeping an eye on. some of them have taken very big steps in a short period of time. the other thing is i talked to jamie about glass-steagall and others. more on that at fasttime. >> we're 100 points down on the dow. >> two biotech stocks on our radar, simon. good news for both firms. amarin corp and hor design f-- horizon pharma. they were hoping these drugs would get approved. you would see if you would have invested six months ago, you would be up substantially. melissa back to you. >> thanks, see ma. coming up next why the roof of your house or pafrpt building could be part of naksal security plan, missiles and all. more details right after this. >>> welcome to tower bridge road, one of the main thoroughfares in london that crosses the thames. there's the tower bridge behind me, big double-decker bus behind me. the tower london behind that and where traffic really isn't that bad. obviously a lot of concerns abo

when they made that decision the marks with the cio were not sufficient, even though on the call cavanaughs of hours of tapes in different languages they apparently decided they were not in a sense in good faith so to speak as we learned earlier in answer to some of the questions at least that andrew and joe were bringing up earlier in your show. callbacks, seeing significant ones for people involved including ina drew and in terms of whether jamie dimon will be, that's a decision made by the board. >> i hesitate to mention but business was really good. >> oh, yeah. >> throw that out there. i know it is meaningless. june was strong. i refuse to talk about that and this was good. >> we'll be watching that stock price of course when it opens, mandy, because as jim says there was organic loan growth, middle market growth, mortgage origination growth and all seen as potential positives and the investment bank wasn't too bad. >> kind of surprising. >> jim, so the good news is that the business may be solid and maybe the stock will move up on that. i am curious as we have had lots of conversatio

matt cavanaugh is with us, allegedly the father of this unborn child. >> what did you think of your song can buy cute outfits. >> thank you so much. >> you're welcome. >> such a great, great bunch. >> this is the first time we had someone actually memorize the song, as well. so thank you for that. >> you inspired me. >> she had three days. >> that's right. what took you so long? all right. great to see everybody. god bless you, molli. you're in our prayers. >> tomorrow, freida pinto joins us. >> fashion emergencies. >> all of that plus a great singer paul sykes. i met him in nashville. >> have a great thirsty thursday. tomorrow is try day friday are, everybody. have an awesome day. -- captions by vitac -- www.vitac.com for years and years we had to put up with cable. once we got fios it was like somebody like took our computer and shook all the junk out of it. [ male announcer ] don't settle for the same old cable technology. switch to a verizon fios triple play and upgrade your entertainment equipment with our 100% fiber-optic network and whole home solution, including a high-speed wire