here with reaction to the tired old tactic, charles gasparino and dana perino who you can catch right here at 5 eastern on the five this is not a joke any more. he blames big oil companies, big gas companies. he blames japan's earthquake. arab spring. it goes on and on. everybody but himself. by the way, your boss. >> that's the perennial favorite. that's one of the ways that he and mccain ran against president bush. it got tired in may of 2008. yet they still continue to use it. they cannot help themselves. if you take those difference things. it might be true that they've been contributing. but, the one thing they are not willing to do at the white house is to say, i guess our policies were wrong. the right thing is to move forward. instead, they go to class warfare, divisional warfare. they miss a big political opportunity to bring people together. >> sean: i called him for a long time president crybaby. >> the markets don't lie. when you talk to sophisticated investors about this president, his economic policies. some of the first things they say is he's blaming everybody and not

charles gasparino talked about the convicted ponzi schemer with abc's bianna golodryga. >> his voice really? >> you feel like you're talking to your uncle. your nice, rich uncle who's a nice guy. you don't feel like you're talking to an archcriminal. >> reporter: so began a six-week-long interview process that included numerous e-mail exchanges and occasional phone calls. madoff says he is trapped into the greed of others and wall street corruption is an everyday occurrence. >> his side of the story is pretty simple. it's, listen, i was kind of victimized too. i was part of a racket which was wall street and my clients all knew i was ripping people off and by the way they were forcing me to do this because they have hutch sigh expectations so i'm kind of a victim too. >> what would you say his state of mind is right now? >> it's got to be delusional. he says things that are so patently false that you can check so easily like this thing with harvard. harvard is interested in doing an entrepreneurial course with him and working with him on it. >> reporter: when talking about harvard's

charles gasparino from the fox business network is here with what you need to know. >> he's got that need to know look. >> he does. [ male announcer ] heard this one? listen to this. three out of four americans don't get enough vegetables. so here's five bucks to help you buy v8 juice. five bucks. that's a lot of green. go to v8juice.com for coupons. you can count on us. at exxon and mobil, our smart gasoline works at the molecular level to help remove deposits and clean up intake valves. it helps your engine run more smoothly and leave behind cleaner emissions. it's how we make gasoline work harder for you. exxon and mobil. excuse me, what is that? oh, i'm aidelity customer. okay, but what does it do? well, it gets me the tools and research i need to help me make informed decisions. with fidelity i can invest in stocks, bonds, at a great price. wow. yeah, wow. ♪ [ male announcer ] fidelity investments. turn here. >> you're waking up to more chaos in the market or will it be a better day? yesterday, the dow dropped another 520 points amidst fears of rising debt in europe. but why sho