and because by doing that it benefitted cico, if aig about-d well, cico did well.ft aig, cico's net worth was $20 billion dollars. to believe these shares were held in trust for aig was simply never true from the beginning. >> i like what david boyes read in the paper, his quote was, if this was an incentive program how come it's not in any of the financial records and audits of aig. what about aig now, do you have any idea of significant of the lawsuits are, the legal ramifications surrounding aig right now? >> i think they're very considerable. look, i offered for months to go to binding arbitration on this and other matters we have with aig. it was rejected. i went to see the new york fed, talked with them. i know that members of congress, the oversight committee, were in favor of binding arbitration. it was rejected. why? who's benefiting from that? >> lawyers. >> yeah. i mean, you know, paul weiss is the law firm for aig. you know, they're the ones -- they don't want binding arbitration. they would love to keep this going forever. >> in a situation that hasn't

to oklahoma cico, tydallas,, a co, wacothwi severe storm therthe's. this is a powerful morning. there's been thunderstorm warnings. tornado warnings there. they're active right now. >> the northwest is getting pounded with heat. >> we've been talking about that for a couple of days. but here goes the heat. not only record-high temperatures, more than half a dozen, but all-time record-high temperatures. it's never been warmer in the record-keeping history. olympia, washington, 104. that seattle number, 100 degrees was previously the warmest they'd ever seen. they're trying to keep the zoo animals in portland, by the way. pictures of them, hosing down the bears, six times a day. and keeping the elephants in the pools. >> a lot of people don't have air conditions out there. >> these temperatures have never been there before. >> more coming up. >> yes. >> all right, sam. >>> we're going to turn to another headline this morning. breaking news from abc and n the michael jackson investigation. we have learned that a custody agreement regarding the jackson children has been reached. let