at this time, james perkins also friend of fdr who came to run citibank after his predecessor charles mitchellalso is on the same page as fdr. one of the things i've done in the research in the fdr papers was that james perkins is at the white house three days after the non-duration about how he would set up his bank first. he would tell his shareholders this is how it's going to go and he did. before the classical act was signed in the summer of 1933. there is a fine line between banning and traditional services. and things became stable for several decades after that. you contrast that to what happened in the wake of the two guys in a crisis, which has been a much more extensive crisis for the general actual unemployment level, not the tagline unemployment level for what was lost to individuals throughout a relatively bailouts and subsidies had been given them and they came along and gave nothing remotely like the effect depositors of traditional banking activities. nothing. it's really, really loud. it has lots and lots of pages and it does absolutely nothing significant. >> host: to have t

winthrop aldridge and james perkinses, friends of fdr who came in to run national citibank after charles mitchell was so a crook, was also on the same pain as fdr. one fascinating thing i found in the fdr papers was that they had meetings, dave perkins was at the white house three day after the inauguration, talking to fdr about how he would split up his bank first. he would tell this shareholders, this us how it's going to go to. and he did. and so did aldridge, before the glass stiegel act was actually signed in the summer of 1933. so, that's what happened. there was a fine line between betting and traditional services. the bankers were on the same side as fdr, the population was on the same side as fdr, and things became stable for many, men decades, several decades after that. contrast that tot what happened in the wake of the 2008 crisis which has been a much more expensive crisis for the general economy, for the actual unemployment level, not the sort of tag line unemployment level, for what was lost to individuals throughout, and relative to the bailouts and the subsidies that have been gi

. >> reporter: marcel mitchell is expected in court in mid- june. charles clifford, kron 4 news. >>> we told you it would be cooler today and it really was, 60s and 70s through much of the bay area. we were still at 82 in antioch and 50s at the immediate cost line, 60s inside the bay and 70s in portions of the south bay. look at the change over the past 24 hours. we were down 17 degrees today in richmond, 16 degrees cooler that vallejo, 14 degrees cooler in san francisco and san jose. now the low clouds are moving back in, solid for our bayshore. so sfo is reporting average delays of 97 minutes because of low visibility. it's only going to get worse tonight. looking live from the golden gate bridge, visibility not bad at the moment. that will change. futurecast showing us fog moving through much of the bay area tomorrow morning. i think it ill with be through the delta and east bay and south bay as well. at 9:00 we'll start to peel back just to the east bay and coastline by noon. temperature-wise very similar to today, a little warmer in the south bay. we'l

mitchell obama here. let's move. i am just saying charles wrong, but this isn't reason for -- >> i feel like it is sexist. i cannot imagine us sitting around talking about a bunch of fatties. >> i think that is the point. he thinks it is okay to make the joke. >> he would say the same thing about them. >> we talked about opening a food truck in san antonio and how it would be a gold mine. on to toronto's mayor rob ford. he announced he was going to get help after being caught on camera smoking crack at his sister's home and his week he told a report that he feels great and amazing. it remains me of football camp. after it was published, he called the rehab center and wasn't so happy he wasn't talking to the media. maybe he should not being calling the reporter? >> october 28th, don't change the locks. i am coming back. >> at least he is not depressed. >> is rehab supposed to be fun? >> he didn't admit his drug problem when we went in. he said it was 30 days for alcohol rehab. but he wants back into the politi politics. i am not sure it is dr

charles crawford reports. in five school districts the earlier vote during a security guard mitchell accused back to striking adent but two other security guards in a hallway at the time is reviewing their actions to make sure they acted accordingly get this point only one guard mitchell facing criminal charges. 23 year-old former oakland high school security guard mitchell see here the white shirt facing felony charge of inflicting corporal injury on a child after a stroke wheelchair-bound 17 year-old francisco back on may 90 the incident captured on a school security camera in five school districts really condemned his actions. lynn nicholas everyone involved that this is it the one give the impression that any sort of disciplinary action or termination as eminent for other security officers that the not assault the student but clearly it number of things went wrong be on the assault on the chillon francisco but district has acknowledged martina's who suffers from cerebral palsy that provoked mitchell by hitting him and spitting on him. cortines said he is trying to get mitchell to let go of his wheelchair.

charles: three versions. in one year it goes up 100%. the asians were all over this, outfitting americans all day long on the phones for this thing, all kinds of records sold, joan mitchell said a record, most expensive woman at an auction so far. absolutely amazing. people talk about the different bubbles out there, you hear about the stock market bubble, nowhere near what is going on in the art world. stuart: the fed says young people are not buying homes, too much college debt. you know what that means? may be a bailout is coming. we will discuss the never-ending parade of free goodies next. we're moving our company to new york state. the numbers are impressive. over 400,000 new private sector jobs... making new york state number two in the nation in new private sector job creation... with 10 regional development strategies to fit your business needs. and now it's even better because they've introduced startup new york... with the state creating dozens of tax-free zones where businesses pay no taxes for ten years. become the next business to discover the new new york. [ male announcer ] see if your business qualifies. but with less ergy, moodiness, to i had to do some