one investor who lost $1 million said if he had his way he would have stoned bernie madoff to death. r, long denied having anything to do with the fraud, even though he served as the chief compliance officer. at the bogus hedge fund. today peter agreed to serve ten years in prison for falsifying records and agreeed to give up his assets. we are live with news from new york city. jonathan, what did he actually admit doingto doing? >> he admitted in the role of the chief compliance officer over more than a decade falsifying and doctoring hundreds of documents, but while admitting that, he still denied that he had any knowledge of the wider fraud that his brother bernie madoff was committing. at the time. in fact, he said he learned about it at the same time as the rest of the world. eling the court quit i was in shock and my world was destroyed. i lost everything i worked for." he was asked by madoff apparently to write checks to friends and family for what remained of the fund. and he said he did that despite "knowing i knew that the conduct was wrong and i am deeply ashamed." deeply a

>> they point out that his job in bernie madoff's company was as the chief compliance officer. ther he did know or should have known what was going on. and the fbi assistant director in the case said "peter madoff played an essential enabling roll in the largest investment fraud in u.s. his tore arery and made a pretense of compliance. he will really about complicit. he left the court a short time ago saying absolutely nothing. he will be back here october 4 for sentencing. as you said in the intro, he has agreed to spend at least 10 years in prison and you were right to scoff at that figure of $143 billion. that is not what he is giving up. he doesn't have anywhere near $143 billion. that is what it is capped at. he will give up every single asset that he has but it is no where near $143 billion, greg. >> that represents his relationship to all of the damages financially that he caused for all of the people and, of course, he doesn't have as much of that. he has got a lot o, though. jonathan, thanks very much. >>> wildfire alert. president obama is touring the scene of the colo

bernie madoff is serving 150.icans and democrats in congress today struck a deal to keep the interest rate on government subsidized student loans at 3.4%. millions rely on those loans to pay for college, but michelle miller tells us that a growing number of high school graduates have decided that it makes more sense to skip college all together. >> reporter: in central pennsylvania the high school class of 2012 is thinking about the future. rebecca bradley planned to go to college to become a teacher. >> just in pennsylvania for state schools a lot of them were $23,000. i'm doing the math myself and i'm, like, i don't know how i'd pay this on a teacher's salary, i have no idea how any of this would work. >> reporter: so bradley abandoned her dream of a college degree and enrolled in beauty school. >> there are always going to be ladies who want to get their highlights and colors and perms and... >> reporter: so it's recession- proof? >> it's not like my job can be shipped to india. >> reporter: the number of high

madoff. never made a partner. following bernie for 40 years into his life of luxury and kriemd. "i did as my brother had said, as i had consistently done for decades," he said today. now he will follow his brother to prison. bernie madoff remains at the federal prison in butner, north carolina where other inmates say he has emerged as a respected member of his cell block, often sought for financial advice. >> brian is with us at the desk now. we were all surprised it's been three years since he was sent away. and curious, how much of the billions has been paid back. >> about 20 billion disappeared. they have recovered more than nine, almost 50 cents on the dollar. there will be more now with peter madoff agreed to forfeit all his homes and his ferrari. that will go to the pot to be sold off and money returned to the investors. checks going back soon. >> more money back than we thought. thanks very much. >>> now to another case we're following here, playing out in a florida courtroom. the trayvon martin case. tonight two new developments to report. we hear from george zimmerman's

. >>> some victims in the bernie madoff scheme are getting a measure of justice. a former new york hedge fund manager will pay $405 million settlement. he concealed some of his investments with made off many victims were charitable organizations. that recover about 40% of losses. bernie madoff serves a prison term for running a billion dollar ponzi scheme. the u.s. supreme court could rule tomorrow on the lawsuit challenging the obama administration's health-care law. don knapp shows us the scenarios and that could affect the future of health care in california. >>> the older folks in most need health care insurance and health care insurance needs younger folks to help pay the bills, that is why the health care mandate everyone must have insurance >>> if you take away the mandate that there is that everyone or people who are healthy and younger will not pay into the pool. that way and harder to offer a competitive health insurance products shares of the u.s. supreme court expected to rule soon about the law of president obama's health-care law. >>> upholding the l

how long will bernie madoff's brother spend behind bars? >>> i'm alex demetrick. coming up, what's turning the inner harbor green? that story as eyewitness news continues. >>> popping their corks. i'm pat warren. coming up on eyewitness news. maryland diners will soon be allowed to bring wine to their restaurant. what you need to know. next. >> maryland is baking under triple-degree heat. bob will have your updated first warning weather forecast. ,,,,,,,,,,,,,,,,,,,, >>> it's partly sunny. 100 degrees in central maryland right now. that's triple digits. the complete first warning weather forecast is coming up. well, if you like wine with your dinner, a new law taking effect could enhance your dining experience. political reporter pat warren explains, it will also be a learning experience for the state. >> open or... enjoy. wining and dining goes byob, for the first time in maryland, you won't necessarily be limited to the wine list in the restaurant. starting this weekend, you can shop for your own favorite and take it to the restaurant with you. >> a lot of resta

bernie madoff is serving 150 years in prison. the supreme court will not consider the high-profile super bowl wardrobe now function case. the fcc fined cbs half a million dollars after janet jackson accidently baird her breast during the super bowl halftime show. the federal courts had thrown out that fine. >> tonight lawmakers taking aim at metro. >> we will have a live report coming up next. >> a close eye on the record breaking heat and severe storms. doug hill is back with the forecast. >> live at congressional, with a look at the leader at the at&t national. plus doug williams, a superstar in his own right, talks about another up-and-coming superstar. >> lawmakers want to crack down on metro safety. >> a new bill would place them under federal oversight. rebecca cooper has more. >> ever since the but 2009 metro crash, barbara mikulski and other members of the congressional delegation have been pushing for tougher federal oversight. today, they got a, a newly passed bill only meeting president obama's signature. it puts metro

. >>> bernie madoff's brother expected to plead guilty in the biggest ponzi scheme in american history. peter madoff will admit to be a co-conspirator in the scheme. he would forfeit money and assets worth $140 billion. bernie madoff is serving 150 years in prison. >>> in just a few hours we will learn in the supreme court thinks that president obama's health care law is constitutional. people are lined up outside the court to hear the ruling tomorrow. the justices have to decide whether the individual mandate that requires every person to have health insurance is legal. if is it not, the question is whether the rest of the law can survive. >> if the mandate goes away that is a revenue stream for insurance companies. the thing that will cost more will have to go too. >> reporter: if any part of the law is allowed to stand with tomorrow's ruling he will work with house republicans to repeal what's left of it. >>> mitt romney is in georgetown this evening holding a fundraiser. he campaigned at eit, an electronics design firm in sterling. during that stop he hammered home his opposition t

global and bernie madoff are just two more and that's one of these things too that you know like we keep in mind of this all the time before we go real quick we've also seen i guess because of the euro zone right everybody wants to buy of u.s. treasuries right now and like record debt is owned by foreign countries so any insight yeah absolutely as you hear us politicians talking about the threat of the euro zone crisis you should also be thinking about the benefit of the eurozone crisis because it is allowing u.s. government the u.s. government to continue its spending binge continue borrowing at record low interest rates treasury yields have hit record lows because the u.s. in many ways is benefiting from the eurozone crisis ok the cleanest dirty shirt the u.s. dollar u.s. debt looks a lot better than european debt right now that. and then other countries so it's clearly benefiting maybe have stated they want to talk about the eurozone crisis that kind of just just keep ignoring it for making so much that is delaying the day of reckoning for the united states are learning things for a c

bernie madoff's brother faces ten years in prison for his role in that multibillion-dollar ponzi scheme. peter madoff is the former chief compliance officer at the private investment arm of bernard madoff's business. as part of the plea deal, the younger madoff has agreed to give up $143 billion, including all of his real estate, as well as his personal property. >>> and there is another attempt today to resolve the european debt crisis. european leaders are meeting in brussels with some pretty sharp disagreement over how to handle the situation. any breakthrough will lynn j on germany. but it's doubtful there will be one. >>> overseas markets are up today. tokyo's nikkei average was up 144 points today. hong kong's hang seng was down 96. in london, the ftse opened higher. and on wall street, the dow gained 92 points yesterday. the nasdaq index picked up 21. >>> the state of california has a new budget this morning, aimed at helping close a $15 billion short fall. the spending plan includes welfare and social service cuts. it will hinge on a governor's tax hike. >>> and alabama could se

. >>> and the brother of bernie madoff headed to court. the plea he is expected to make.we will be right back. heading to break, a live picture from new york. this is a picture of the statue of liberty on this friday morning. every day, an average of 5,000 people switch from cascade to finish dishwasher detergent. that's about 150,000 a month, over 2 million people so far. with finish quantum you get incredibly clean, sparkling dishes without having to rinse them first. now see for yourself why millions have switched to finish. join the finish revolution. and now you can try finish quantum for free. visit us on facebook. >>> five things to know before heading out the doors. it's big night for the dr. joe heirston who is retiring from baltimore county public schools after serving as superintendent for 12 years. there's going to be different and reception in cockeysville to honor him. >>> and the man who admitted to shooting trayvon martin in february will have a bond hearing that is happening this morning. george zimmerman will be in court. a judge says he will be allowed

. >>> there's more fallout from the bernie madoff ponzi scheme. >>> a minivan may carry five or six people at a time, but this one will make a big difference for an entire community. d.c. scores received a brand-new toyota as part of the 100 cars for between program. a toyota vice president turned over the keys today at marie reed elementary. scores przybilla award-winning programs for the school -- it will help transport sports gear and educational tools to schools all over the city. >>> the nationals played on the road, so today veterans and military spouses filled the park for a job expo. recruit military sponsored the fare. local owned businesses joined the big retailers at the park. >> you understand the challenges farce getting connected is concerned. >> i drove up from suffolk, virginia. i have to say this is probably one of the best job fares i've been in. >> recruit military is estimating some 900,000 vets are unemployed. tax credits are offered to businesses that will hire veteran. >>> a man to be the so-called oil of olay bandit has been arecented in texas. investigators say he

supreme court declined to review the payout plan for victims of ponzi schemer bernie madoff. investors wanted the high court to force madoff trustee irving pickard to change the method for calculating victims' losses. there plan would have increased payouts. instead, the high court upheld an appeals court decision approving the original calculation method. >> susie: anheuser busch inbev is close to taking control of grupo modelo in a deal valued at an estimated $15 billion. inbev already holds a 50% stake in modelo and if a deal goes through, the belgian brewer would own corona beer, one of the world's top beer brands, an official announcement could come this week. one sticking point: getting the okay from u.s. regulators. inbev already controls a big chunk of the u.s. beer market. >> susie: tom, modelo shares are traded on the mexican stock exchange. they jumped 10%, but then were halted for news. inbev shares here on the big board also rose about 1% to $70.85 a share. but it was a down day for most other stocks trading here at the nyse. >> tom: let's take a look at what's ha

. >>> the brother of bernie madoff expected to plead guilty for helping to run the biggest ponzi schemein american history. peter madoff will admit to being a co-conspirator in that scheme and has agreed to go to prison for ten years. he will also forfeit all of his money, assets and real estate, valued at more than $140 billion. bernie madoff is serving 150 years in prison for defrauding investors of more than $20 billion over the years. >>> a news4 exclusive. we were there when a northeast d.c. man nearly killed by two dogs reunited with a neighbor. 74-year-old sony bell could not hold back the tears as he thanked neighbor phil ragland. he was attacked by two cane corso dogs. ragland let his bulldog loose to chase the guard dogs away. police say somehow, the dogs got through an unsecured gate. bell suffered a broken arm and deep gashes on his legs, shoulder and head. police cited the dog's owners and fined them $100, then d.c. animal control removed the dogs. >>> 4:35 right now. d.c. police calling a stabbing near the howard theatre a hate crime. this happened tuesday night near seven

the younger brother of convicted swindler bernie madoff is expected to plead guilty today ...other's multi-billion-dollar ponzi scheme. peter madoff was chief compliance officer of his brother's investment firm when bernie was arrested in 2008. bernie madoff was sentenced to 150 years in prison and ordered to forfeit nearly 171 billion dollars. federal prosecutors say peter madoff has agreed to a 10-year prison sentence and to forfeit about 142 billion dollars in assets. he told the judge today he knew nothing of the scheme until his brother told him just before he was arrested ...next, a new study reveals a surprise ingredient in soft drinks like coke and pepsi. plus, the shot in the arm that could someday help smokers kick the habit once and for all. ...details on the anti-nicotine vaccine. and we have not one, but two tv hosts showing us some great grilling recipes... ty pennington and george hirsch are joining us for lunchbreak. research and motions latest earnings are worse than analysts predicted sales plunged 43% of the first quarter and they're cutting 5000 jobs consol

must now decide whether to press charges against holder. >>> right now, the younger brother of bernie madoffs in federal custody. the fbi arrested peter madoff, who is expected to plead guilty later today for his part in the largest ponzi scheme in history. prosecutors say he's agreed to a ten-year prison sentence and will forfeit all of his assets, all of them. the brothers scammed thousands of people out of billions of dollars and bernie madoff is currently serving a 150-year sentence in prison. >>> and also new this morning, virginia will be granted a waiver to opt out of the no child left behind law, that's according to a person within the obama administration. the waiver allows the state to develop their own plans to improve student and teacher performance. an official announcement is expected later today. >>> storm 4 meteorologist tom kierein joins us now. it is amazing how we have seen the temperatures shoot through the roof. >> i stepped outside to see what it was like and i came right back in. >> what did you advise everybody earlier? stay inside, watch nbc 4. >> you'll stay informe

more than three years after bernie madoff pled getty to the biggest ponzi scheme in history, federal documents say that bernie's younger brother is expected to plead guilty to conspiracy to commit security fraud and other charges, including falsifying records. the punishment carries a ten-year prison sentence. >> given the fact this is the biggest ponzi scheme in history, this is probably the best out m outcome peter madoff could have hoped for. >> reporter: peter madoff was in charge of can't's day-to-day operations. >> peter madoff was the second most important person at bernie's firm. he was bernie's kid brother, eight years younger and whenever bernie was out of town, peter was in charge. >> reporter: madoff's wife and sons all worked at the firm. mark committed suicide. >> people have this incredible vision of him as a spectacularly skillful trader and it just never occurred to me that it was all fake. >> reporter: peter madoff is the first family member to be charged in the fraud, but those following the case say other relatives are not necessarily off the hook. >> peter madoff'

the biggest ponzi scheme in history facing 10 years in prison part of the plea deal 74 year old bernie madoffving time in north carolina with the state more than a century away. both sides of the aisle in nation's capital new college loan legislation passed on the eve of holiday recess passed law designed to save your the 3 million jobs and protect college students from big increase in loan interest rates also revamps highway and transit programs measure goes to president obama for signature. late to longtime cook county board president john stroger and his son todd stroger old at elgin auction house. the story >> row after row of family memorabilia on tables auction house in lg and all on display up for the highest bidder this weekend smiling john stroger much from she john stroger days at the eliza miller high school to graduation todd stroger and a savior university at the president's award from president obama picture john stroger is with george h. w. bush and bill clinton signed a certificate from bill clinton could fetch a pretty penny >> difficult to put a price because which was is wh

seven billion dollars ponzi scheme hundred ten years in jail right we saw the same thing with bernie madoff and i thought that eve smith actually brought kind of an interesting contradiction here which is if you look at it if you're one of these people that rips off rich investors you pay your one hundred ten years in jail. if you are the c.e.o. of one of the top banks of the country. who is working on a entire system that was an entire punk before this crash than the no big deal kudos to eve smith for writing about this and kudos to you for bringing that up is the point because i think that that is such an important one ok this is something a theme that we've talked about on our show capital account because yes ok look at bernie madoff he paid for his crime well he ripped off rich investors in his ponzi scheme john corazon ripped off a bunch of farmers a bunch of you know commodity traders and he walks a free man and there's no way they can find fraud criminal charges to press against him no one's to blame customer money still missing and oh no it wasn't stolen even the law was broken in t

bernie madoff may be imprisoned for a very long time. some victims still are finding it a few years later. this is coming up in the d.c. area. more coming up in the next hour. that is business news in new york. reporting for abc 7 news. >> you will see in a little bit. we're looking at 73 degrees on this monday. >> the u.s. supreme court getting a lot of attention this week. they are sped to issue opinions on two major issues, health care reform and immigration. we will have a preview coming up. >> the fight continues over the resignation of teresa sullivan. we will have more from the student rally. >> he will check traffic and weather every 10 minutes. >> monday morning. we're talking about this appeared not severe for most of the region. east of '95 may run into some severe thunderstorms. here's a look at our storms can. this is up in pennsylvania stretching often to ohio. this is part of the cold front. we will have some areas of showers and storms around midday. partly cloudy. some storms developing earlier than usual. behind the col

a top level terror charge but they still face other crime charges. >>> some of the victims of bernie madoff of 65 million scheme are getting a million dollars as part of the settlement. he steered clients to madoff agreed to the deal to settle a civil lawsuit. the investors will get over 40 percent of their losses but only up to $5 million. an additional $5 million will also go to new york state to cover the costs of the settlement. >>> cranberry lovers beware new reports say cranberry juice may be the next drink to be targeted venlt it is usually sweetened it could be banned from schools if new nutrition standards from the federal government take effect. the changes are on the heels of let's move initiative. they say cranberry juice has health benefits. those are your 5@5:30. >>> all eyes will be on the supreme court today. weaked learn what the justice is ruling on president obama's healthcare law. >> there could be a decision on crack down on illegal immigration. we are live with more on both of these. >> these would be the best kept secret in washington right now. healthcare law will co

fraud, receiving millions of dollars he and bernie would turn around and giver the family members in the form of loans to avoid paying taxes. no other madoffmber has been charged but that implicates his daughter shana who is on the receiving end of those loans. then but bernie's son who received loans for which they signed promissory notes. no other madoff has been charged yet but we got a statement from the u.s. attorney in which they say essentially that we are not yet finished, calling to account everyone responsible for the epic fraud of bernie madoff and the epic pain of his many victims. megyn: new questions in the trayvon martin case as we wait for a judge to decide whether george zimmerman will be freed on pail again. could zimmerman persuade the judge that he is not being deceptive after he and his wife are accused of lie being their finances? we'll take a look at what happened in court this morning. small business owners asking what this healthcare ruling means for them. you might care as well if you were employed by a small business. in three minutes we'll break it down with our panel of business experts. what's in store for the

bernie madoff is serving 150 years for bilking investors out of -- peter madoff will be the 8th personto plead guilty in connection with a fraud scheme which cost many their lifesavings. he will be fingerprinted and have a dna sample taken before he appears in federal court in manhattan later this morning. >>> china is responding rapidly to a story about the rich relatives of the country's probable next leader. >> ellen is live at the new york stock exchange with that and also investors seem to be liking what they are hearing from european leaders. good morning ellen. >>> a broad-based rally this morning after leaders meeting in brussels reached agreement, easing concerns about european banks failing. look at response. again gains across the board well over a percent for the benchmark averages. bloomberg index also getting a boost. that's the u.s. response to what is happening in europe. some events in asia captivating attention this morning. my colleagues put out this story over night about how wealthy the relatives of china's likely next leaders are. the associated press reporting ch

. >>> bernie madoff's younger brother is expected to plead guilty to criminal charges. peter madoff is set to appear in federal court to admit to conspiracy and falsifying records. the government says he has agreed to serve 10 years in prison and give up his fortune. bernie madoff is serving a 150 year sentence in prison for cheating thousands of people out of billions of dollars. >>> hillary clinton is now the most traveled secretary of state ever. when she touched down in latvia yesterday, that marked her 100th country setting a new frequent flyer record for u.s. secretaries of state. clinton has logged 70 trips abroad in countries from afghanistan to zambia and has spent more than 337 days on the road including more than 73 days in flight. this morning, clinton is in st. petersburg, russia. >> 100 countries. >> i bet she can sleep on planes. >> she has to be able to. >> all right. still ahead here on fox 5 morning news, metro is helping us all beat the heat. >> it appears the blackberry is taking a back seat to iphone and droid. what the company behind it is doing in

some victims of the bernie madoff financial scams are getting a measure of justice a former hedge fund manager will pay $405 million dollar settlement. he concealed some of his investments with made off many victims were charitable organizations it will cover about 40 percent of their losses. made off is serving a prison term. the u.s. supreme court will announce its decision aeon a lawsuit challenging the obama administration health-care law. it is not giving a hint as to how it will rule. don knapp shows us the possible scenarios. >>> it is the law's mandates that everyone has must have insurance that receives the most attention anymore dismembering is likely to doom the entire health care plan. it is the older folks who most need insurance bad health care insurance needs hundred and patients to pay the bills. if you take away the individual mandate that there is that many people who are healthy and younger won't pay into the pool of insurance dollars and therefore harder to offer a competitive health insurance products. the u.s. supreme court expected to rule soon on the lawsuit aga

the younger brother bernie madoff will be joining him behind bars. >> authorities arrested peter madoff in new york, pleading guilty to doctoring documents. he will get 10 years in prison, will surrender his fortune. his brother is serving a 150- year term for running a multi- billion dollar ponzi scheme. >> president obama has issued an emergency declaration for the wild fires in colorado. he will be in the area touring the area and speaking with the governor. one person has been found dead, another missing. nearly 350 homes have been destroyed. >> i know it is gone. i have been there 13 years. that is hard. >> the focus for today is to hold what we have got used aerial assets as necessary to support the troops on the ground. >> the u.s. forest service says it could be until mid july before they get the fire under control. authorities are trying to figure out the cause of the fire. they have not ruled out arson. >> we have more humidity in the air right now which will help to mitigate those affects but we do have an ongoing fire. at last check, just under 800 acres in page county, near

. >>> he is the brother of ponzi scheme king pin bernie madoff. peter madoff will plead guilty tomorrow for his role in the multi-billion dollars fraud. thousands of investors lost their savings in this scam. peter is a former chief compliance officer at the private investment arm of bernie madoff's business. >>> cribs, walkers, toddler beds, but hundreds of children have been injured or died due to dangerous cribs and play yards. the consumer product safety commission has introduced tougher mandatory standards for these modern day play pen and his other products. >>> the federal law is named after 16-month-old danny keyser who was strangled when his portable crib collapsed. >>> tiger's turn any is teeing off in just a couple of hours. we'll have more from the at&t national in sports. >>> up next, why authorities are having a hard time estimating just how much wildfire damage there is in colorado. >>> plus we have a brief moment of bipartisanship yesterday at the white house. surprising. we'll be back. kids, do you know what it is that makes this

that's the power of german engineering. >>> the brother of convicted financier bernie madoff will allheading to prison. peter madoff is said to be sentenced in october. madoff was the chief compliance officer for his brother's company. the 66-year-old admitted to falsifying documents and lying to regulators. but he told the judge he never knew about his brother's multibillion dollar ponzi scheme. >>> a soldier in fort bragg is in custody after killing a superior officer. the military says the shooting happened during a safety meeting. they say the soldier then turned the gun on himself. the third soldier was also -- a third soldier was also wounded in the incident. the army has not released the identity of the shooter or the victims. >>> police in canada are being looing into possible charges after this incident at the end of a youth hockey game. watch as a coach in the khaki pants looks to intentionally trip players from the other team. police say one of those players fell and then broke his wrist. the coach was arrested pending the investigation. the league has already suspended him

. >>> bernie madoff's brother peter is under arrest.o plead guilty on charges stemming from his brother's multibillion dollar ponzi scheme. bernie madoff is currently serving a 150-year sentence. >>> a vancouver youth hockey coach is being investigated after he was caught on camera apparently tripping a 13-year-old player. take a look. the video was shot during a post handshake lineup. he's accused of tripping a member of theç opposing team. the boy reportedly broke a wrist in the fall. >>> 200-meter dash competitors took the stage in oregon. both allyson felix and tarmoh finish for the prelims. justin beat out gatlin. he's making a comeback from a four-year doping ban. he's hoping to win a gold in london. welcome aboard! [ chuckles ] ♪ [ honk! ] ♪ [ honk! ] ♪ [ honk! ] ♪ [ male announcer ] now you'll know when to stop. [ honk! ] the all-new nissan altima with easy fill tire alert. [ honk! ] it's our most innovative altima ever. nissan. innovation that excites. ♪ the teacher that comes to mind for me is my high school math teacher, dr.

remember bernie madoff? there's been movement on his case. >>> plus analyzing the analysts. three key calls, our turn to grade them. research in motion, netflix and boeing are on the list. we're back in a flash. [ tires squeal, engine revs ] ♪ ♪ ♪ [ male announcer ] not everything powerful has to guzzle fuel. the 2012 e-class bluetec from mercedes-benz. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. for exceptional offers forty-five states have joined together... ...to ensure consistent academic standards across america. these internationally recognized benchmarks... ...are unlocking a better way to prepare our children for college and their careers. because when our kids do better... ...america does better. let's reach higher. let's invest in our teachers and inspire our students. let's solve this. in here, every powerful collaboration is backed by an equally powerful and secure cloud. that cloud is in the network, so it can deliver all the power of the network itself. bringing people together to develop the best id

. >>> later today, the brother of bernie madoff is expected to plea giuilty for his involvemen in the largest ponzi scheme in history. he will plea guilty for exchanges of ten years in prison and forfeiting all of his assets. the brothers scammed thousands of people out of billions of dollars. bernie madoff is currently serving a 150-year sentence in prison. >>> the newest member of the washington wizards got one heck of a birthday present. >> with the third pick in the 2012 nba draft, the washington wizards select bradley beal from the university of florida. >> happy birthday, mr. beal. the wizards do have high hopes for bradley beal. he turned 19 yesterday. beal left the university of florida after only his freshman year. the shooting guard averaged 15 points a game with the gators and along with john wall he's expected to help carry the wizards offense. head coach says beal is just as impressive off the court as he is on it. >> not only a player that can play and is going to play in this league a long time, but a great character person. that was another thing that really stood out

. >>> we are following breaking news in the bernie madoff ponzi scheme. his brother peter will plead guilty for his role in the multibillion fraud. peter madoff is the former chief compliance officer at the private investment arm of bernard madoff's business. in addition to pleading get, peter madoff will forfeit $143.1 billion in money and property and serve 10 years in prison. bernie madoff pleaded guilty in 2009 and is currently serving a 150-year prison sentence. >>> coming up, like father, like son and a touching story of a virginia deputy following in the footsteps of his slain father. >>> the controversy at the university of virginia is over and there is still a lot more work ahead. tonight, students and faculty react to the school's popular president as the university pry tries to repair its image. >>> a great atmosphere at the verizon center. the caps welcome the new head coach who used to be the captain. we're tacking about adam oates who got the word that he is entering the hockey hall of fame. talking about the hall and oates when we return.