global peter b. a c. was fully aware of weaknesses in their systems and weaknesses in their ability to control the transactions that corazon started doing he really pushed that company way beyond its core way beyond the kinds of things that it was really in business for but investing in sovereign debt and peter you see never raised any kind of concern about the weak internal controls or that we corporate governance corps and was trading on behalf of the company while also being chairman and c.e.o. in one supposed to be keeping an eye on everybody else now after the enron and world com scandals sarbanes oxley that was supposed to hold c.e.o.'s and c.f.o. as accountable why do you think we haven't seen more seen. or auditors of banks get charged with accounting fraud in the wake of this financial crisis. well as many have written the prosecutors believe that charging individuals with accounting fraud is really really really hard it's much easier to take a general viewpoint the corporation and say well let's

and a global peter b. a c. was fully aware of weaknesses in their systems and weaknesses in their ability to control the transactions that of course i started doing he really pushed that company way beyond its core way beyond the kinds of things that it was really in business for but investing in. there and peter you see never raised any kind of concern about the weak internal controls or that we corporate governance course i was trading on behalf of the company while also being chairman and c.e.o. and one supposed to be keeping an eye on everybody else. there you have it some awesome stuff from this past week the best of the best from boom bust time now for in the margins. it's in the margins but the one v. only mr edward harrison now every friday ed harris and i put you the viewer into the driver's seat letting you steer the show with your comments questions and concerns all sent in via social media twitter you tube facebook you know all that stuff now let's get right to it our first comment comes from steven

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melissa: peter, thanks so much. aol making an b face on is recent retirement plan changes. he in its second public fumble in the last two months, ceo tim armstrong says he is switching employee retirement plans back to per paycheck contributions instead of an annual lump sum payout. armstrong made the first switch last week blaming rising benefit and retirement costs including a roughly $2 million health care plan for an employee's two distressed babies? did you hear about the comment? pressured aol to restore the traditional 401(k) policies. investors clearly not liking the reversal. the stock is down 4% there. >>> now to the olympics, u.s. athletes give up years of their lives and lots of money to participate in the olympics. when they do us proud and win those gold medals, should they have to pay? uncle sam has his hand out. you won't believe ouch the olympians is giving to uncle sam that some coulding up in "spare change." >>> get ready to pay more at the grocery store thanks to the devastating drought in california. it will cause ripple effects close coast to coast. we

peter's the soul being back on the air. sweden's cliches in the my show. even military time shove her sketch and paint the opposite times of happiness and its me i fleeting. after tends t b mt needed. kind of painful comes aga and back. a few shelves so i wanted to share delmar in each regional the guest writer film and the person crying i went to shape my view is that you don't to get out in times of packing list is coming along even though you are in the midst of her . she was news coverage continues in an exhibition. the exhibition in school. prior to and function of korean traditional march evening. it's a small scale exhibition. the captivating tube. it is because of the one here is a gentleman named robert moore who was a collector of korean today show. john was gone the sentiment of me not to let it carry an arts sections and you do. sure certain things particular. our natural spontaneous and me to be used by everyone including the court. most humble people in a major london different kills them. they can be very good don't they can be just ordinary things but very good things as you see in this gallery. are special and that's what attracted me and that's why i've

request for a recorded vote on amendment number 8 printed in part b of house report 113-340 by the gentleman from california, mr. peters, on which further proceedings were postponed and on which the noes prevailed by voice vote. the clerk will redesignate the amendment. the clerk: amendment number 8 printed in part b of house report 113-340 offered by mr. peters of california. the chair: a recorded vote has been requested. those in support of the request for a recorded vote will rise and be counted. a sufficient number having arisen, a recorded vote is in order. members will record their votes by electronic device. this will be a two-minute vote. [captioning made possible by the national captioning institute, inc., in cooperation with the united states house of representatives. any use of the closed-captioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the .s. house of representatives.] the chair: on this vote the yeas are 192, the nays are 231. the amendment is not adopted. the question is on the amendment in the nature of a substitute as amended. those in favor sa

peter. under the regulations, if you have servicer a and servicer a is going to transfer you to servicer b,e block. and sometimes some of them comply and sometimes they didn't. for example, when you had countrywide years ago, bank of america took over a lot of countrywide loans as servicer. then countrywide, after bank of america, they passd them on to greentree financial. so a lot of homeowners have been faced with this change of servicers and say, well, who am i supposed to send my check to? i sent the check here, they said i never got the payment. so there is a lot of these complaints that you referred to where there has been logistical issues inside the servicers themselves because they're handling so many accounts. >> the homeowner has got no role and no say in who the servicer is, right? >> that's a very good point. you and i basically are completely sub servient to whatever they decide to change. why do they change? well, they change because a lot of times these people don't want to have to handle the loans anymore. they don't want to deal with the loan modifications. they don't want