. >> reporter: cap city is taking its grains and giving them to a farmer in gainesville, virginia, to feed its cattle. >> we actually pay him $100 a month in gas to come and get it from us. >> reporter: for cap city it is just a start. the major brewys like coors and anheuser-busch are going further.>>hat we do is if you l >> what we do is if you look at the tanks, you can recapture that co2 and not only use tonight the bwing process but you can also use it in the heating element for your brewery. >> reporter: they are taking biomass from their soggy grains and turning it into ethanol. >> they are selling 1.5 million gallons of ethanol to refineries, mixing it with gasoline. >> reporter: smaller brewerys like brooklyn brewing, are 100% wind power and some like row burerys are using fuel cells. >> solar power for the smaller brewer is easier. the larger ones are paying attention and starting to see there's application for them to use as well. >> reporter: americans consume more than 7 billion gallons of beer a year. that's a lot of suds. that's also a lot of cans and bottles. anheuser-

city bancorp with more than $50 billion in deposits. ron, great to have you on the program. >> thank you, maria. >> thank you for spending time with us. institutional investor named you best mid-capank ceo, what does bank hudson city as the best-managed bank two years in a row. the 200 profits were actually up 60%. what are you doing the other banks aren't. >> it's the same thing we've been doing for all 140 years, maria, which is we carefully underwrite every loan that we do and, you know, one of our investors onced to me, well the difference is you underwrite to own and everyone underwrites to sell and that's a big difference. when you expect to have that contractual relationship with someone for the life of the loan as far as you're concerned you want to know more about them and you delve deeper than most folks have done when they want to sell loans to gse. >> i want to ask you about the types of loans that you specialize in, but let me get your sense on where we are in this cycle right now. how does the environment feel to you? >> well, it feels like we're on the way back. it really does. i mean, where i sense this, maria, you mentioned earlier that we only do home mortgages

small and mid cap equity strategist with citi. goode thanks so much for joining us. nice to see you, particularly in an environment when the russell has done so well relative to everything else. laurie, do you think this group is getting ahead of itself. >> i don't. one of the most useful comparisons is we can make is the 19 2 recovery. basically at this point in time, we're exactly where we were in that recovery trade. 200 days after the bottom in '82, we were up 98%. i definitely think there's another leg up for small caps. >> what's driving this move and behind the mover in small caps relative to large. >> typically we see small caps start to beat large caps when stock market volatility false. we've come down a lot since the beginning of the year. the other thing you have to pay attention to is credit. when credit improves, when things get less tight, we also tend to see people step up to the plate, take on more risk and buy small caps. >> steve, is there moore room on the upside for small caps? >> probably so. ace an large cap manager, now is the time to buy a la

cap in the atmosphere. a couple storms down around ocean city. but we're going to stay dry tonight.with the air so dry, it'll feel comfortable. they will have a chance to drop off quickly as soon as the clouds clear. 83 degrees at the top of the hour with the dew point of only 61. a comfortable relative humidity of 49%. most spots in the low to mid-80s right now. that is 84 out there. but they are typically one of the warmer spots, checking in at 87 degrees, the top of the hour. what we're watching is a weak little disturbance coming across the great lakes for tomorrow afternoon. that's more of an upper level feature, a surface feature. but that energy will drift through here this afternoon on tuesday and give us that slight chance for showers and thunderstorms. but a stronger cold front, right behind that with that enhanced chance for a couple of showers and thunderstorms. towards the end of the week and the weekend, the temperatures and the forecast, they become tricky. but the jet stream will move further to the north. we'll be right on the boundary between the cooler air mass to

the city council has lifted a $19 cap on taxicab rides that start and end in the district. it was put in place to help city residents east of the river who live far from their jobs and many basic services as well. cab drivers have called for its end since last june. that's when the switch to the zone fare system happened. the council unanimously removed it as part of the fiscal 2010 budget plan that takes effect on october 1st. that's when the zone fare ended, actually. last june. >> last june. >>> there are plans to build a high-speed rail in northern virginia, but it won't happen without federal funding. asnghehy t fed nmkierovten g for haen for more than illin i st in stimulusmoy.ne ce itm aid nrndheermeca a stmoneyy and rein ovthyneilsel u betod time infras esthinberao a ttoprorble the trains to beo a tup90 mes po ter miles per hlong alo e the ghhi-speed rail would run between petersburg and the zriblgt. district. >>> you just wanted to help out a family of geese, but that caused trouble for a man. the 60-year-old was driving on the parkway back in june when he saw a flo

the second one the trio that you brought along hudson city bancorp washington federal first financial northwest these are all relatively small capmpanies in the banking industry was says these three part? i would tell you all of them had a construction and development portfolio but the portfolio was either a small portion of their benxi where you have seen most of the bad portions of those portfolios come to light and has increases they increase to of the construction and development portfolio get to 40 percent of the portfolio being bad and the last two quarters really haven't seen in increase which means they found problems. the other big difference i would say is in hudson city case hudson city had a construction and the ball and it porfolio but it was less than 1% of the institution. even though 44 percent of their portfolio is nonperforming it is pretty much and consequential to the whole thing. in the ownership positions in either of those trio? no i do not. michael along with us and opinion banking consultant with mti investments. online items while students prepare to head off for college..many parents are worried how th

the city council has lifted a $19 cap on taxi cab rides that start and end in the district. cab drivers have called for this since last june. that's when the switch to the metered fare system took place. the council removed the gap as part of the fiscal 2010 budget plan. >>> we're following breaking news out of baja, california, right now. a powerful earthquake has rocked mexico. the 6.9 magtude quake was centered 331 miles southeast of tijuana, but set off alarms as far away as phoenix. there are no immediate reports of injuries or damage. it hit around 2:00 this afternoon eastern time. just minutes after two other quakes were felt. pat? >>> meanwhile, back here at home we're getting a bit of a break from that humidity today. but a break for how long? veronica johnson has our fast forecast from the storm center. hi, veronica. >> not for very long at all, pat. good afternoon. today, plenty of sunshine outside. let's look at city cam right now. just a few clouds. it's been hot but relatively comfortable throughout the area. it's running at %. the dew point temperature at 53 d

capped at $750 per household. in terms of revenue, the program costs the city about $15,000, a bargain say saco officials. it helps them financially, but i think it is a great experience even more. >> from paintinging equipment to filing papers at city hall, residents are turning their talents into city services. >> if you're retired and you're ok and say i have a place to go today. the town needs me, and that's what we're hearing from them. it is not necessarily just the money. it is that the town needs me. >> participants will tell you the true value lies in the building up of the city. chris: the securities and exchange commission says former a.i.g. chief maurice greenburg has agreed to pay a $15 million fine to settle fraud charges. a.i.g. has already paid more than $1.5 billion to fight charges of improper accounting. the government has paid $150 billion in bailout money to a.i.g. is the stimulus working? is cash for clunkers helping? what kind of unemployment numbers will we get friday? the fox all-stars give us their thoughts, next. ♪ meet jack. recently turned 65. glad he's now got medicare on his

city back in uzbekistan said you have to get mazar. with mazar we own the north. if we own the north we can go after cap bull. if we own kabul we can go after the south. everything is resting on this city and they make it. dean tells me, he is actually in a truck at this point. he is not on a horse but watching barbers pull their chairs into the streets, and men lining up for the first time in a long, long time for a haircut and a shave. young kids are suddenly flying kites. it's true much like in the kite run ir. that is a very moving and incredible book. people are walking by with radios on their soldiers, listen. within hours the radio station was back up playing muse. just the day before anyone caught listening or operating a radio station would have been severely punished. so the town is immediately springing back to life and, they seem, it is november 10th, 2001. and, they're now going to enter another phase of their combat, which is the shooting will slowly die down and now it is time for these guys to help rebuild the city. they're very capable of that. the engineers i talked about, pat essex who fell

cap wages at firms that are now receivingus government aid. >>flanagan: there is an over-hype creating a link between bonuses in the city and the downturn stroke inevitable that in times of want people will look at those who have. and i think that is what's driving this. i also think that this is an unfortunate populist measure that the government is focusing on because it is easy to explain. >>reporter: yet the city now expects a slippery ride --fearing new regulation and political pressurefrom the uk authorities -- the question is whether this could freeze up london as a financial hub -- with fears mounting that other global banking centers could be eying disenchanted workers. >>benson: clearly there's going to be more regulation. that needs to come in. i am hopeful that thatwon't be overly oppressive because if it is it will tend to drive away talent. it will tend to drive away institutions and that will be severely damaging to london. >>reporter: the entitlement culture that mushroomed in the bull market years is thawing. bonus expectations are already lower --the city is more sensitive to public outrage at big payouts. and globalrecession

city. >> foxworth is slated to start at corner op poo sit fabian washington. the ravens are scheduled to practice tomorrow morning. >>> it was nascar day in the nation's cap to. president obama welcomed jimmie johnson along with tony stewart, jeff gordon, clint bowyer and carl edwards. johnson's 48 chevy parked on the lawn. at the present time said he wanted to take it for a spin, but the secret service suggested against it. richard petty was among those nascar greats also welcomed. the next race is coming up in bristol, tennessee saturday night. >> he's the president, and he can't drive >>> a san francisco landmark turns into a giant board game. lombard street went from the world's most crooked street to a version of candy land. the sections were painted and patients from a local children's hospital dressed up as game pieces. this is the 60th anniversary of the candy land game. >> wonder if they're going to >>> letterman is next with mike meyers. >> thanks for watching eyewitness news on wjz 13, maryland's news station. we hope you have a good night.

cap. the restriction was unfair to cab drivers. the council says most cab rides in the cityt even reef reach $19 unless there is heavy traffic anyway. >> the drought continues despite recent rainfall. some volunteers in d.c. are spending part of their day watering. this man has cared for trees in his northwest d.c. neighborhood every summer for the past 239 years. he and his fellow volunteers take credit. he is calling on other residents to turn on their hoses. >> if you see a tree in front of your house, a street tree near the sidewalk or near the street, just take your hoes and go out and water it. >> he says he puts in at least eight hours each week locating young trees which are suffering from the lack of moisture. >> drivers, are you ready for some major construction on the work gets underway tonight on et bween the american legio n bridge and 270. we are there live and it doesn't sound encouraging. >> it's going to take a year. i'm in the thick of it. i'm at river road and the beltway just south of the split, a very familiar area to more than a quarter million motorist

you've got to pay attention to small cap biopharma stocks when it comes to test results. citi upgrade to a buy from a sell. jetblue also a buy courtesy of ft and equity. petsmart downgraded it a neutral down 4.3%. let's go down to mr. nesto at the nymex. >> we are at a lowest session today, all trading on a downtick. interestingly and notably, check out price of crude for the september contract. busting briefly below 70 but roaring back literally as i waited to give you this report. last trade just above 70, 70.07. $2 spread between the september and october contract. that doesn't seem to have changed at off. it softened up a little bit. last spread $1.99. there's a lot of things we're waiting for here. tomorrow's inventory data is going to be big. we're also waiting for the fed decision. also following the stock market, but also notably two geopolitical development, first the arrest of six al qaeda suspects in kuwait, just reminding us that that is always omnipresent, the danger there, they were targeting with a bomb plot, supposedly u.s. military bases and other important in

record and also what about the comment that he made about black kids stealing hub caps when he was addressing a thing of inner cityuth, a charity, he said i wonder if any of these kids are stealing hub caps. you didn't hear that comment? and what about sean hannity? sean hannity is very polite with the david duke of the east coast. why don't you criticize them for this and can you please also address the sexual harassment charges against you at the "washington post" in the '90s which you apologized for. can you tell us what were the details of those and why did you also say that michelle obama -- >> guest: i don't know this thing about wetbacks. i don't know what to say about that. and then he said that sean hannity is friends with bob grant. i've done his show. i don't know. he said bob grant is a cantankerous -- he said a racist. if you had a specific short of that, i know that bob grant's tough law and order guy if that's what you're after. what else was i asked about there. bill o'reilly i remember once being involved in a controversy where o'reilly had gone up to a restaurant in harlem with sharpton, with al

cap pain butch for your time. >> jim, thank you very much. >> back to you. >> do you captain butch is the guy in the ocean city commercials with the red shorts? runs around and saves people? >> max has the latest movie reviews when we come back. >> and our >> good saturday morning to you. we woke up with a little bit of a soggy start. right now we just got a report down in association city of sunshine. -- down in ocean city of sunshine. we dealt with rain showers earlier this morning, and a lot of that has pushed off into jersey. rain showers starting to float off tonight. a good potential for rain early on. let's switch it to the other machine now. take a look at some of those thunderstorms, the bulk of which is up to the north of us. there is another line of showers and thunderstorms that we'll be waveping watching, and once we get into the late afternoon hours, we're running the risk of -- also the potential for that heavy rain. and the potential flash flooding. that's the real concern for this afternoon. and on top of that, because we received so much rain yesterday, the ground has gotten soft as we get a gust of wind, a good chance of t

as a city official in florida, as a party official, the highest of all, as a matter of fact, as one of the first hispanic cap net members of. united states and eventually as a senator from the state of florida. now, i'm here to tell you that just moments ago, mel martinez stepped to the microphone and announced he will no longer be a senator from the state of florida. he is stepping down, resigning. here is how he explained that. >> so, today, i'm announcing my decision to step down from public office effective upon a successor taking office to fill out the remainder of my term. i have enjoyed my time in the senate immensely. i have the most difficult time of all in leaving the great friendships that i have developed with wonderful people that serve this nation in the united states senate. >> there you go. by the way, with he don't know who will replace him, the governor, charlie crist of florida, so far says, no, i am not going to step down and take the position. he has said he would be interested in taking over mel's seat sometime in the future. we will watch that for you. we promise. >> one person come to

cap fund, 16% gain there. good to have you with us. jump in on the citi the citi question, well, i mean, citi certainly has done a lot of things. we had a lot of government involvement. certainly moving management around, which i don't like, the shareholder. but i think vikram's done a lot of the right things. >> would you buy it? >> we are involved in citi. so, you know, i would love to buy more on a pullback. it's been straight line like many stocks lately. it will be a while before they earn money. t. shu they shrunk the balance sheet. >> dave, if you were going to go in right now and get into financials, what would you buy? >> well, first, hello to anton. i haven't seen him in a couple of months. hello, how are you doing? >> hello, virtually. >> and i think in terms of my fund, i have about 80 names in the portfolio.ñ<ñ< so i don't have any one that i'< really in love with. i take the group approach at work and family approach at home. that respect, i own a lot of names. i think it's really a question of the industry going from, you know, ugly to okay

city council lifting a $19 cab on cab rides that start and end in the district. the capwas intended to help out d.c. residents east of the anacostia who live far from the job. cab drivers say most d.c. fares don't top $19 any way. >>> a dozen post offices in ourangon could -- in our region could be shut down. there is a possible $7 billion loss this year. there are locations in d.c. and 19 locations in virginia. the virginia locations are mostly away from northern virginia. no changes are expected before the end of the current fiscal year which is september 30th. >>> 8:42 right now on this tuesday morning and you could be getting some presents because it's president obama's birthday. >>> still more ahead on the free food being offered today. good morning, holly. >> reporter: good morning. i'm learning to loaf. i'm talking about loafs of bread. as we're live at the great harvest bread company in burke, virginia. how they make it oh, so good and fresh and how you can come here and get a free slice yourself. i bet you'll walk away with more. it's all next on fox 5 morning n

cap and trade vote. megyn: steve brown, thank you. bill: looks like a pleasant day in northern indiana. temperatures in new york cityto yet to hit the '90s. los angeles is not feeling the heat either. the white house is proposing a slew of policy changes and that global warming. both sides now. the council for the cooler heads coalition. good morning to both of you. i am trying to figure out what the truth is. ladies first. >> the temperature rises and falls due to multi-year cycles, such as el nino. global warming is pushing temperatures higher. 1998 was a naturally cool year -- naturally hotter year and global warming made it even harder. bill: she is not done away from the idea about global warming. >> no, but she was onto something. the oceans have the strongest correlation. it is not la nina and el nino. carbon dioxide does not have a correlation. i think people ever gotten an idea of what this is all about. bill: it is about? >> is a warmer at noon or midnight and why? the solar physicists predicted killeen, not the alarmist. you will notice that nothing ever proposed by anybody whether this bill in congress -

cap and trade down the throats of american entrepreneurs, you can kiss many small businesses and jobs goodbye forever. here is bowling alley c.f.o. brent parker with bowlmor lanes here in new york city. you would think that your business would be doing well right now, because you're not going to a league place, you're catering to the regular everyday schmo, are you not? >> we cater to a pretty upscale audience. glenn: i bowl! >> well, a year ago, we did derive 50% of our revenue from crorp corporate and special events, and as we sort of came through, a.i.g. and bonuses and junkets and this whole deal, and you know, we have the how dare you, shame on you spend money on corporate entertainment and whether it's for employees or customers or whomever, and that market has just implodeed. glenn: is there any way -- i see carmine's people behind you. jeffrey, you're the c.e.o. of carmine's? >> yes. glenn: are you seeing that businesses are not bringing people out to be entertained? >> only on the high end. you will see the high-end corporate parties that might have been $100 a head drop down to $60. glenn: as long as you're not a restaurant in las vegas or orlando, you're fine. healthcare

cap. >>> stay with wjz 13, maryland's news station. complete news and first warning weather today at noon. updates available all morning long and a list of cooling centers in the city

cap money? >> yes, i do, including the local shipyard. >> local people only? >> almost all of them have a local interests including the nra. >> read the 10th amendment carefully. >> ok, as a former city councilman and state senator, there probably is not anyone in this room who better understands how much i want this cities to do their job, how much i want the states to do their job and we are there to back them up when they need us, but we need them doing their jobs on a day to day basis. are you from here? i am sorry. [inaudible] ] -- >> [inaudible] >> who else is from moss point? how about the gentleman over here with the polka dot blue tie? ok, we will get to you. >> i am a resident of mississippi but president of the naacp. i would like to ask a question. i realize that the current health care proposal may have some problems and you will not vote for it, but i think there are some alternatives on the table. i would like to know if there is any way that there is an alternative you would consider the hard-working and recipients who do not have proper coverage -- hard-working people from mississippi who do not have proper coverage? if there was a compromise reached that provides pe

cap rates, desire to invest in real estate. on the way down, our view is that the rental market has relatively stabilized. how far do you go? >> stabilize? what's their levels. >> some of the citiesyou had a tremendous run-up, 50%. the rest of the country where rents are lower, 15 to 20%. so when you look at that, the rents have set but now what's happening on the investment side. the investment side is trailing because we're just going into that black hole of how do you deal with all this value, how do you get the banks to open up. >> how are you going to make money in that kind of market over the next five, ten years? >> well, you know, there are always opportunities in bad times. we offer advice to special servicers, managing assets, managing relationships with creditors. property manage. i think there will be opportunity to buy debt. smart people will figure out how to make money in this market. i would bet on wall street again to be back in the game. they are all lining up. everybody has a fund, stress fund. so it will be interesting. >> barry, we hope you'll come back. we have adp coming up otherwise we'd talk more. >> good to see you. >> we're going to take another step to

cap hatteras, 40-mile-per-hour wis, moving northorthwest at 9. ack of the storm brings it right up along the coast. stays offshore, but the cone of uncertainty does bring it right near atlantic city and humid morning, and as we look at the radar there are other showers coming into southern and southwestern virginia, and southern parts of west virginia coming up our way. as it does intensify later on today all of these counties in green under a flood watch, 2:00 p.m. to midnight. that means areas of potential for flooding fairfax and the district, will be having the temperatures climb now in the low and mid 70s. the low 80 >> and thisoung -- o thank you very much, sweetheart. that's awfully nice of you. look at that. i feel so special. natalie. >> thank you, al >>> ll, i am the envy of every young girl out there today. she just rocked our plaza a few minutes ago and still has one more song to come, but now i get chance for a one-on-one sit-down to talk with the teen queen. from acting and writing t designing,t seems there is nothing this 16-year-old can't do, and on monday, her newest album "the time of our lives" will be released exclusively at walmart, whe she also h a new cloth