i think his best friend, ralph abernathy, got it right.thought king's last speech was his greatest speech, but abernathy concluded that actually the dream speech was the most important, because he -- it offered what he called a prophecy of pure hope. its downside is it can be adapted to all kinds of different purposes. it can be used by conservative republicans to argue against affirmative action. it can be used byvery conceivable calls under the sun, but nonetheless, there is something deeply attracted about that derives from king's own assessment. it is a dream deeply rooted in the american dream, not just a dream of material prosperity, but the dream that he sai animates the american enterprise. tavis: there are many who believe it was the greatest speech ever given. it will be dissected for many years to come. you have done a good job dissecting the speech from 46 years ago. it was nice to heavy on the program. >> it has been my pleasure. tavis: i will see that connects time on pbs. until then, goodnight and thank you for watching. as

reverend abernathy was arrested numerous times and now, his son says he will apply for pardons on his father's behalf. in 2006, alabama passed a law to allow pardons to be accepted during civil rights protests. >>> today marks the 40th anniversary of woodstock. i probably don't have to tell you too much about it, but i will. in 1969 on a farm in new york, half a million people gathered to listen to music. it became known as the peace and love festival. we've collected some amazing pictures not seen before. 32 of the world's best known acts showed up. from jimi hendrix to janice joplin. the i-reporter talked about moments still fresh for him. >> janice joplin did the most amazing performance of anyone at woodstock. she was all over the stage. she was moving constantly and looked like she was going to explode from the inside out, but for one quick second, she stopped and looked directly down into my camera. the only person i ended up talking to, this older woman by herself on a folding chair, i said, by the way, what is your name. she said, my name is joan baez. i said like the singer.

the reverend ralph david abernathy was arrested during the montgomery busboy could the. now his son ralph david abernathy iii says he will apply for pardons on his father's behalf. in 2006, alabama passed a law that allows granting pardonens to people arrested during the protests. >>> president obama asked a panel to look at options for the nation's space program. yesterday members briefed the white house on different scenarios for nasa. the choices center primarily around money. >> nasa doesn't have enough money for a lunar landing by "20/20." that's one of the signals being sent out after a presidential panel reviewed the agency's human space program. a dark scenario for some scientists. >> there is this perception and it's not just among the public but also the science community that the moon is sort of a been there, done that world. the moon is a fascinating world and in many ways the key to understanding the solar system. by studying the moon, one of the big reasons to probe the moon is it tells you what the nature of the prime orderal earth was like. >> though the

now his son, ralph david abernathy iii says he will apply for pardons on his behalf. back in 2006 alabama provides a law that provides mechanisms to provide pardons for people arrested during civil rights protests. >>> this alligator got into some sort of tug-of-war with kids. it has been caught. the kids were crab fishing monday when their rope ended up around the gator's mouth. a mail carrier saw the kids trying to pull it out of the water and dialed 9116789 a cop cut the rope and t got away until yesterday. >> this alligator's probably 275, maybe 300 pounds. you have a kid that's 100 pounds. you get in a tug-of-war, the alligator's not going to luls. there's a lot of potential there. we're kind of lucky that this is where it stopped. >> yes, very lucky. the agent was able to spot the gator because it still had the kid's rope wrapped around its mouth. >>> about 40 mothers showed up at a restaurant in florida to breast feed their babies. it was an informal protest of sorts at a chick-fi-le there last year a manager asked a customer to cover up after others complained

he thohting's last speech was hisreatest speech, but abernathy concded that actually the dream sechas most important, because he -- it offered what he called a prophecy of pu hope. its downside is can be adapted all kinds of different puoses. it can besed by conservative republicans to arguegainst affirmative acti. it can be used every conceivablcalls under the sun but nonetheless, there is something deeply atacted about that derives fm king's own sessment. it is dream deeply rooted in themerican dream, not just a dream of material prosperity, but the dream th he sd animes the american enterise. tavis: there are many wh believe it was the greatest speechveriven. it will be dissected for many years to come. you have done a gd job ssecting the speech from 46 ars ago. itas nice to heavy on the program. >> it s been my plsure. tavis: i will see that coects time on pbs. until then, goodnight and tnk you for watchi. as always, keethe faith. >> for more infoation on today's at pbs.org. join me next timeor a look atatrina, four years later. that is next time we will see you then

let's hear from james freeman and wayne abernathy. good to see you.ote goes down, in the end what's going to happen is private equity still is going to have to provide more tier one capital if they want to buy distressed banks versus if a bank wants to buy a distressed bank and they're always going to have to commit it to holding on to that bank for ae certain period of time. is it a good idea to have stricker rules on private equity? wayne, what do you think? >> i think it's a good idea to make sure that the people who are investing in banks are committed to the banking industry, that they're committed to their investment. but we candon't want to impose restrictions unrelated to their ability to be good investors. >> so they'll say they have to hold on to the bank and at least 10% here, one capital ratio versus 8%. is that preventive or what does that achieve? >> i think particularly with w. rald to the hold on to the bank requirement that's probably a between idea. we want to make sure that the people that are coming in to buy the banks are committe