but blackstone poached chris nassetta to become the ceo. only did it weather the storm, it boosted the number of properties by over 30%, many of them overseas, where hilton had badly lacked market share. importantly blackstone will restructure hilton's dead for a third time before for a inly returning it to the stock market early next year. the big is what valuation can he share that at? >> this i think is fascinating. blackstone is choosing to widely brief now that hilton will return to the market just as the share prices of other industry players like marriott and starwood finally fully cut the losses they incurred through the financial crisis, returning to the same place they were on july 3rd, 2007, the date that blackstone made it big for hilton, but remember this, blackstone did so by offering a 40% premium, to where stocks were then trading. sue, back to you. >> it will be interesting to see if they have to restructure that debt. interest rates have moved considerably. to eps. >> to the advantage of the chain, now is the time that wha

john blackstone is there. a mother who just lost her daughter makes a case for parents spying on their kids on-line. and for 17 and for 17 summers elaine quijano says they've been enjoying shakespeare in the we begin with jeff pegues. >> reporter: with nearly 900 killed in five days of clashes with the egyptian military the call to end the flow of u.s. money are getting louder. south carolina senator lindsay graham believes egypt is looking more and more like a failed state. >> we're going to have to suspend our aid because we can't support the reaction of the military. >> reporter: historically the u.s. has been a sponsor of the egyptian military with 1.5 billion dollars in aid the u.s. sends egypt yearly, 1.3 of it is for the country's security forces. it was the military that ousted the elected president mohammed morsi and is shooting the president's supporters. middle east analyst mohsin khan says even if u.s. aid is suspended it will have little affect. >> egypt needs something close to between 15 and 20

john blackstone is there. and playing clean. danielle nottingham on one sport without a whiff of scandal. >> they can come out and fall in love with these girl, and they won't let them down on the field or off the field. captioning sponsored by cbs this is the "cbs evening news." >> glor: good evening, everyone. i'm jeff glor with a western edition of the broadcast. and the epicenter of the unrest in egypt today moved a mosque in cairo, where supporters will of the ousted president mohammed morsi gathered before they were cleared out violently. this was the scene as members of the muslim brotherhood barricaded themselves inside. that did not last. since wednesday now, when the heavy fighting began, more than 700 have been killed, more than 5,000 injured. we begin with charlie d'agata. >> reporter: the standoff at the fatah mosque ended the way all confrontations have ended this week-- in a hail of gunfire. a muslim brotherhood spokesman told us more than 1,000 of its supporters had taken shelter inside the mosque yesterday to es

john blackstone, cbs news oakland, california. >> as for the woman murdered last month. neighbors say she was in the process of getting petition signed for private security before she was killed. >> black smoke covers idaho where a wildfire is pushing north this morning. 144 square miles of forest have burned in the beaver creek fire. 700 firefighters are trying to save the more event but the fire is only 6% contained. more than 2,000 people have been evacuated. >> al goer will give the key note address to the 16th annual lake tahoe summit tomorrow. the former vice president was at the first summit back in 1997. environmentists will talk about the challenges that face the lakes. tahoe had an average depth of 75 feet. >> she has not shared any clues about another presidential run but california voters have something to say about hillary clinton's chances. >> and another look at the safety debate over the new bay bridge. state senator mark joins us next. >> generations of memories. the iconic fun center in the bay center is closing its doors for good. >> doors are opening

john blackstone, cbs news, san francisco. >>> the massachusetts is trying to pass similar legislation had already published a guide book for serving transgender students. >>> two hollywood actresses went to sacramento today to ask, please do something. halle berry and jennifer garner told a legislative committee that there needs to be tougher laws on paparazzi. they spoke in favor. both women say it's about keeping their kids safe. >> give us our rights back, so we can protect our children. when they are invading their space and privacy and making them feel afraid. what can we do? we can call the police and the police can actually do something. >> my children aren't actors or celebrities, they are just kids. like your kids or anyone else. you want to protect your children, i want to protect mine. >> newspaper publishers are those opposing the bill, raising concerns it would infringe on journalists abilities to do their jobs. rchl larry has a message for critics who think the america's cup has become too dangerous. this is what he says in an exclusive interview with charlie rose of cbs

of those, scott, about 350 identify themselves as transgender. >> pelley: john blackstone, in our san francisco newsroom. thanks, john. a wild fire is raging tonight east of boise idaho near the tiny town of pine. it was sparked by lightning and has burned through 157 square miles of brush. helicopters are dumping water on it. hot shot firefighting crews hope to keep it away from the town by setting backfires but the fire is not expected to be fully extinguished until idaho's autumn snow begins to fall. in florida, a time-share resort where a sink hole swallowed part of a building reopened today. this latest collapse is just a few miles from disney world and a part... in a part of florida where sink holes seem to be opening up all the time. manuel bojorquez gives us a closer look. >> the sink hole here is no longer growing. this video taken early monday shows how a third of the building collapsed into a hole two stories deep. recent sink hole incidents, including this one in tampa, that swallowed a man as he slept, have increased a sense of urgency in florida to give residents more wa

john blackstone is in haley idaho tonight. john? >> bob, wind gusts up to 30 miles an hour today have been pushing this fire toward ketchum and sun valley where residents have been warned they should be ready to evacuate at short notice. this fire has been fast moving and unpredictable. the flames have now burned across more than 100,000 acres in a part of idaho famous for its scenery and known as a playground for the rich and famous. the pine-covered mountain sides are so rugged. fighting the fire from the air is often the only option. firefighters have been working on the ground to protect hundreds of houses close to the fire lines. more than 1800 houses have been evacuated. many of those are vacation homes. so far only one house has burned, but the risk remains. this fire is explosive. >> it is explosive. and that's what we've seen. i mean, when a fire grows 28,000 acres in one burn period basically in 24 hours, that's incredible fire growth. >> reporter: tracy weaver is with the fire management team. the same thing that makes th

to understand what this problem looks like, we asked john blackstone to show us the prisons in california which has its own mandatory sentencing for drug offenses. >> in california about 120,000 inmates are crowded into state prisons designed to hold just 80,000. prison gymnasiums have been turned into dormitories and even county jails are full. all this is part of the legacy of california's three strikes law passed in 1994. san francisco's chief jail keeper is sheriff ross mirkarimi. california seemed to be a leader in "get tough on crime." that jammed up our prisons. >> this is true. it's important that we continue to optimize our response to public safety, but the goal is rehabilitation. >> reporter: california's packed prisons have had limited success at rehabilitation. 63% of released felons in the state are back behind bars within three years. >> reporter: statewide the recidivism rate is pretty high. >> i think it's failed in terms of the scorecard of how effective it's been. >> reporter: it shows that locking people up isn't the answer. >> it is not. >> reporter: mirkarimi runs on

here's john blackstone. >> reporter: a summer evening suddenly turned into a scene of chaos at venice beach. >> he just revved his car and just accelerated right here. >> reporter: sean daly was at the front of his store. >> i thought it was a bomb, to be honest. >> reporter: thought it was a bomb? >> yeah, because of a big boom and i was just right standing at the front and i heard this big explosion but it was the a.t.m. that got hit first and that's what made everyone jump. everyone was ducking like this, it was terrible. >> reporter: you can see the dodge sedan in the top left-hand corner of this video recorded by a surveillance camera. minutes earlier another camera captured the driver, 38-year-old nathan campbell, out of the car seeming to check the route he was about to follow. los angeles mayor eric garcetti. >> this tragedy, obviously this is somebody they said he was smiling as he accelerated. if he doesn't have some sort of mental issue i would be surprised. >> reporter: an italian tourist was killed. she was on her honeymoon. in a statement, her family said she was robbed

, then have blackstone go out and buy a company for you, go buy a technically-sensitive company. >> maybe china so much that they just want to steal all your technology for us? >> no, but they'd be afraid if-- if they don't do what you want, that you'll pull the money out, and then they'll collapse. >> if you think things along that line, then there'd be no stopping because... >> chinese businesses come under severe criticism for their secrecy. so one way mr. gao could deal with the suspicion would be to make the fund transparent like norway's sovereign wealth fund, which is considered the gold standard. it has a detailed mission statement, earnings reports, and an exhaustive web site listing all its assets. china's fund has a web site too: just one page, which is basically a link to a job application. mr. gao made an unexpected commitment, as he gave us a tour of his offices. look at this wall. what do you think? it's very transparent. >> it is. this is what we meant to be. >> is it a metaphor? >> yes, i think so. >> well, you don't have any transparency. i mean, you--you--you're-- >> ye

the blackstone rangers cremate gangster disciples, very street gangs, but they are organized crime. none of them have reached the pinnacle of power of traditional organized crime in american society. again, the two competing explanations by this idea that it came from sicily, which recall the alien conspiracy theory the southern italian and sicilian immigrants brought the mafia with them to america at the turn of the last century at what the sociologists call the succession. it's simply that various ethnic groups have used crime in order to advance in society. look around today and see who the poor people are, often immigrants succumbed to her country. people do come with no money or regulated to the worst neighborhoods, the poor sections of the city, lack of opportunity, no jobs available to them and this even applies to african-americans who emigrated to rural areas of the south. so they turn to crime at the people discriminated against, people excluded from social advancement historically have turned to crime in order to better themselves. not as an excuse but a reality. this is

john blackstone has more on who the law is designed to help and why many are opposed. >> reporter: logan henderson just graduated from santa monica high school. he was born female. >> did you start as logan? >> it is a youny sex name. i was born with that name. i don't have to change my name at all. save some money. >> reporter: he started taking male hormones and began give living as a male. it wasn't easy. >> i never used the bathroom. >> reporter: you went all day without using the bathroom? you didn't feel comfortable going to the boy's bathroom r? or the girl's. >> no. >> reporter: the new legislation is creating worries that others won't feel safe. >> this legislation is so extreme and unbalanced. here you have girls in the locker room taking their showers and yet you also have a boy that could come in there, undress, be naked at the same time. >> reporter: brad is founder of the pacific justice institute. >> this allows a large male to play on the girl's wrestling team. now this is a high touch, high impact sport. this is going to cause many girls to feel violated when you have wr

nicholas king is deputy director and instead we now have the fabulous, the wonderful miss cammy blackstonec'mon up. so this year at this summit we've introduced something new and different for all of you to participate in. cammy is going to explain it and introduce it to you. >> all right we are trying to keep everybody engaged and involved. my new job is question queen. you may have gotten a yellow card when you came in. those are trivia question cards. i'm going to ask a trivia of questions. it's not a pop quiz. as we go through answers you can win prices. the first question, out of all the places that sell draft beer in san francisco. the number one seller is at&t park. who comes in at no. 2. don't shout it out. at the episode -- end of the program you can win prices. okay. we are doing trivia questions all through the program. okay. i would like to now bring to the stage supervisor scott wiener. [ applause ] >> good afternoon, everyone. thanks for having me today. i'm glad we are able to do these summits and bring everyone together to discuss our best practices and really embrace and m

john blackstone is there. and playing clean. danielle nottingham on one sport without a whiff of scandal. >> they can come out and fall in love with these girl, and they won't let them down on the field or off the field. captioning sponsored by cbs this is the "cbs evening news." >> glor: gd

john blackstone is there. a mother who just lost her daughter makes a case for parents spying on their kids on-line. and for 17 and for 17 summers elaine quijano says they've been enjoying shakespeare in the

john blackstone's on the front lines. parts of the southeast are underwater.l bojorquez is there. death toll is mounting in egypt after the bloody crackdown. charlie dagata is in cairo and elaine quijano reports on how cutting aid to egypt could hurt american workers. bill whitaker is in san diego where mayor bob filner's facing a move to recall him. and mark phillips on britain's prince william who is talking for the first time about his newborn son. >> he's a little bit of a rascal. let's put it that way. captioning sponsored by cbs this is the "cbs evening news" with scott pelley.

blackstone's $300. andrew: well how about berkshire-hathaway...? alan: that doesn't count. angie: that is three. not on my list but you are correct. mastercard is the third choice. and keep in mind on labor day we will have a special edition of traders unplugged so we are asking you for your questions to ask the guys. thanks a lot and have a good day. i wanted to be in the military since i was a kid. i served in the united states air force. i served a total of 16 years. i was deployed 13 times. on my second deployment four bombs hit my vehicle. and at 19 years old, that was the first time i ever saw somebody die. coming back, i was raging. i started having pretty horrible nightmares. i would wake up in middle of the night sweats. i started drinking a lot. i felt worthless. i guess i never recognized it in myself. eventually, one day i just walked into the va hospital and said i'd like to see somebody. don't suffer alone. you've got to find that link with somebody that will make you let it go. it all starts with going to the va. there's a whole community of veterans that jus

blackstone is the biggest owner of single family rental homes in the u.s.es in frankfurt are down by roughly 2%. >>> reports say the hedge fund manager has made a bid for steinway of about $38 a share or $478 million. that would trump the offer that pianomaker agreed to in june from kkr. kohlberg has three days to match or top the new bid. paulson's offer is a rare topping bid made during a so-called go shop period. and after the fact option companies used to search for better deal than what they have accepted. steinway jumped 9% on this on monday and is up about 86% this year. >>> warren buffett may just be a modern day willy wonka. today's the last day to bid on an all you can eat tour of the candy factory in los angeles. buffett and berkshire hathaway bought the company in 1972. after the tourks you'll have a meet and greet with the oracle of omaha who will show you the only acceptable way to eat a bonbon. the estimated value of the tour is $75,000. the current bid on charity buzz.com is $42,500. so still a couple of dollars away from that. proceeds go t

we'll have that story plus our san francisco correspondent john blackstone will have a look at the newer law and how it will affect california's schools. those stories tonight on the "cbs evening news" at 5:30 right after kpix 5 news. ,, ,,,, ♪ i wish i was made of money. i wish you were too. chances are, you're not made of money. so don't overpay for motorcycle insurance. geico motorcycle. see how much you could save. 0 to 60? or 60 to 0? [ tires screech ] how a car performs in a quarter-mile? [ engine revs ] or a quarter-century? is performance about the joy of driving? or the importance... of surviving. to us, performance is not about doing one thing well. it is about doing everything well. because in the end... everything matters. the best or nothing. that is what drives us. the new chapter in the fighr survival, that's really stag >>> new at 6:00 tonight coming to the rescue of struggling bay area bookstores. the new chapter in the fight for survival that's really starting to gain some ground. >> and how fresh food is providing a sense of community in some of the toughest bay area

obama's housing plan in just a bit and continuing our coverage of smart money getting out at the top blackstone group is the latest it's one of the largest real estate players in the u.s. and they've snapped up thousands of residential and commercial properties door in the town turn well now they've hired j.p. morgan and morgan it stanley they'll be flipping the units and private sales and through i.p.o. that means bad holder gets to once again be the public either.

john blackstone will report on that story.ave that and the world news coming up on the "cbs evening news" at 5:30 right after kpix 5 news. ,,,, female announcer: female announcer: when you see this truck, it means another neighbor is going to sleep better tonight because they went to sleep train's ticket to tempur-pedic event. choose from a huge selection of tempur-pedic models, including the new tempur-choice with head-to-toe customization. plus, get 36 months interest-free financing, two free pillows, and free same-day delivery. are you next? announcer: make sleep train your ticket to tempur-pedic. ♪ your ticket to a better night's sleep ♪ i wish i was made of money. i wish you were too. chances are, you're not made of money. so don't overpay for motorcycle insurance. geico motorcycle. see how much you could save. 0 to 60? or 60 to 0? [ tires screech ] how a car performs in a quarter-mile? [ engine revs ] or a quarter-century? is performance about the joy of driving? or the importance... of surviving. to us, performance is n

obama housing plan in just a bit and continuing our coverage of smart money getting out at the top blackstone group is the latest it's one of the largest real estate players in the us and they've snapped up thousands of residential and commercial properties door in the town turn well now they've hired j.p. morgan and morgan it stanley they'll be flipping the units and private sales and through i.p.o. that means the last bag holder gets to once again be the public either directly or through those pesky soon to be more underfunded pension fund. bubbles and how the fed got as here with dean baker in just a minute and here is what's in your prime interests. increasingly we live in an economy that's driven by fire that would be finance insurance and real estate now over the last three decades it's quadrupled in size relevant to the size of the rest of the economy here to discuss this and the nature of how financial bubbles are fueled and destroyed is dean baker he's the co-founder of the center for economic and policy research and also author of false prophets dean thank you for joining me for a m

housing plan in just a bit and continuing our coverage of the smart money getting out at the top blackstone group is the latest it's one of the largest real estate players in the u.s. and they've snapped up thousands of residential and commercial properties door in the town turn well now they've hired j.p. morgan and morgan it stanley they'll be flipping the units and private sales and through i.p.o. that means the last bag holder gets to once again be the public either directly or through those pesky soon to be more underfunded pension fund. bubbles and how the fed got as here with dean baker in just a minute and here is what's in your interests. lemme . live. a little.

mutual-fund come from those like fidelity but the actual managers are hedged fund managers like blackstone or kkr. gerri: it was worse than the broad market last year then to find it better than a hedge fund. >> it is underperformed. gerri: they tried to give it to us then they show marketing and advertising broadly to people. what is your gut? you are the products for? >> for the more sophisticated investor that have more ready to apportion pareve of the portfolio alternatives to be 20% or less for someone that wants to havel whole range of risk to understand what that means. gerri: we appreciate your time. people catch up with it on the "wall street journal" but bonuses are getting more rare but guess who gets them now? people who don't deserve that nearly one-quarter of workers to underperform also get a financial bonus from the corporate bosses with a senior policy analyst analyst, welcome back to the show. come on. people getting bonuses? why is this happening? >> the could be a few different factors but i hope that some of these firms that give them to employees the policy is to simp

money getting out at the top blackstone group is the latest it's one of the largest real estate players in the us and they've snapped up thousands of residential and commercial properties door in the town turn in well now they have hired j.p. morgan and morgan it stanley they'll be flipping the unit and private sales and through i.p.o. that means the last bag holder gets to once again be the public either directly or through those pesky soon to be more underfunded pension fund. bubbles and how the bad guys as here with dean baker and just a minute and here is what the new our prime interest. increasingly we live in an economy that's driven by fire that would be finance insurance and real estate now over the last three decades it's quadrupled in size relevant to the size of the rest of the economy here to discuss this and the nature of how financial bubbles are fueled and destroyed is dean baker he's the co-founder of the center for economic and policy research and also author of false prophets dean thank you for joining me please for a man so how did we get here in this fire economy ove

reports about blackstone finally getting out of hilton. back to the public market. >> well, you see that but also you do do see a pickup in m and a activity for cash. usually cash is the beginning of an m and a cycle whereas for shares is sort of the end of the m and a cycles. it depends on what viewpoint you want to start with. >> and you were mentioning as well when we were watching some of the level on the s&p 500 we're still about half a percent at the open but 1698. in your view here, you guys would almost rather see not a slow kind of grind lower throughout august but perhaps a sharper sell-off than what gives us room to grow? >> exactly. our chief technician was saying basically that we would need to see a decline, sharper decline to 1675, 1650, obviously not another pull back of 5% or more. but a deeper decline that provide a springboard for which we break back i above 17 and go up to 1800. without that, he thinks we top in the 1745 to 1765 area. >> and this backdrop becomes important, carl, for what you're talking about. extent to

blackstone has been buying foreclosed homes and they're getting in and renting them out. >> the analogyreal estate investment trust owning apartments, renters and providing a cash flow stream and that is distributed investors in a bond like payment. cheryl: they are not confirming this. it could be september that they are available for investors. speak with maybe an institutional project. something i think that is a burden to point out, we look at what happened with the financial crisis, financial models that informed the perception of risk and the ratings. those financial models went back 15 years during which time he didn't have any blip in residential housing. going up every single year. the last 15 years is going to include the financial crisis. this means the perception of risk, around these portfolios will contain 35% fall in the value. it depends on how it gets securitized, but they will be much better able to do it and they were in the past because they had data much more accurately reflects. cheryl: people began to miss their mortgage payments. this is based on people making th

john blackstone is inhaley, idaho. good morning. >> here is the base camp. there's optimism they are making progress against this blaze. the area burned has grown only slowly over the past 24 hours. now most residents of ketchum and sun valley have been told they no longer have to be ready to evacuate. on the steep pine covered mountain side, much of the firefighting done from the airdropping water and fire retardant to ease the job of crews on the ground. wildfire firefighter nichols left his video camera rolling on one retardant drop and then got out of the way. residents of the town of hailey are now relaxed enough to treat the firefighting as entertainment. they watched as a helicopter battled the last stubborn flames on a ridge outside of town. >> it's not bad now. couple of days ago pretty tense. >> at a community meeting last night, there was good news. most evacuation orders have been lifted and firefighters are optimistic the worst is over. that brought relief to will and linda andrews. for a while they thought they had lost their home. >> we watche

blackstone agreed to pay $85 million to settle a lawsuit over its ipo.accused of not disclosing bad investments before going public. the online retailer giant is offering customers over 1503 books in spanish. more than 70,000 titles overall. bill akerman loses half of his investment in the jcpenney sale. the ford fusion is now being built in the u.s. the move expands production capacity for fusions by more than 30%. nearly 40% of the top ceos were either fired or led companies that paid large amounts in claims. cheryl: what do i do when the buzzer hits? oil and energy stocks are down slightly. for most of the week, oil has been on a rapid rise. >> raymond james senior vice president is not so sure. he joins us now. we have been here before. we have had a couple of interventions. we also had the run-up of oil. then what happened? can we learn from what happened before. >> yes. history is a great teacher. oil prices rolled over and within 60 days, they were 23% lower than at the recent peak. in 2011, after missiles started falling in tripoli, oil prices, a

blackstone has settled an investor lawsuit.e paying $85 million to settle claims that it did not disclose certain blackstone investments declined in value prior to that ipo. blackstone continues to deny any wrongdoing in the matter. implications for detroit, a judge ruled the city of san bernardino is okayed for chapter 9. the biggest issue is pension costs, accounting for about 80% of its annual budget. at a nationwide strike of fast food workers is set for today. workers calling for higher wages. that's what this strike is all about. organizers are pushing for pay of $15 an hour, that's more than double the federal men mum wage of $7.25. joe. >> if you then said, okay, a third, we'll do that, but 40% of you will no longer have that. >> we're talking about. >> down that will work? if you said, okay, we'll do that, but only 40% of you will no longer have the job. >> i think they will be very unhappy. >> they'd say no, never mind. up next, currency itself, a rare studio appearance by bori boris schlassberg. it would be weird tha

for "cbs this morning," john blackstone san francisco. >> bas lansdorp is the ceo and co-founder of mars no cronuts, no malls yet. of all the places where humans can go next mars is the least difficult. it is very complex to go to mars but it is less complex than venus or jupiter. it is better to complete a settlement on mars than the moon. the moon is very difficult to stay for a long time. mars is the least complex. it is the next giant leap for mankind. >> i don't think i am signing up for this trip. there are some people i would like to sign up for it. have you actually picked out a spot where you are going to put this colony? >> well, we don't have the exact spot yet. we know whereabouts it will be. she needs enough solar power. you need to be far enough south to have enough energy for your solar panels and far enough north. the equater, there is not enough water in the soil. you need a sweet spot between far south and far north to be in the right position. >> you are not one of the people who had signed up because -- >> i started this because i wanted to go. my girlfriend is expect

for "cbs this morning," john blackstone san francisco. >> while clinton isn't showing her hand we might get clues from anthony weiner. the embattled mayor candidate gave an interview. good morning. >> the interview took place at a manhattan bar. he skips the traditional beer for iced coffee. once he got settled he talked scandal, politics and family. in an interview late monday with viral website buzz feed anthony weiner admitted he's still getting help in the wake of his sexting scandal. >> you never go out of therapy. they have this thing where you remain in forever. i still see a therapist from time to time. >> throughout the 45-minute sitdown, he opened up about everything from his campaign to his wife huma abedin longtime aide to hillary clinton. >> do you know what her role in hillary's 2016 campaign will be? >> i do. >> what will it be? >> i'm not telling you. >> do you feel like you've damaged her place in that world? >> i feel what i've done has hurt her, yeah. it's hurt her professionally hurt her personally. >> the interview came hours after a new poll revealed a record 80% o

john blackstone is in ketcham near sun valley. john, good morning. >> reporter: with fire burning in the mountains around town it is smoky here in ketcham this morning. but this town remains on alert that it may have to evacuate at short notice. but it already seems like a ghost town. nearly 3,000 residents of this region have already evacuated their homes. as the wildfire moves closer. containment of this massive wildfire went from 9% to 8%. dry winds have helped fuel the fire over 100,000 ericacres. helicopters and airplanes circled. marking retardant and water drops. the goal now is to remove the fuel. crews are ridding the area of vegetation that could feed the flames and building fire breaks they hope will stop the blaze. but 12 days into this fight, the fire surges on. crews must also work to protect houses that are now in its immediate path. the beaver creek fire has scorched just a single home. but it's now threatening multimillion dollar houses in the affluent ski resort valleys. some residents are taking matters into the