the cta worker is in critical condition. hillside will stand trial for trying to bomb a crowded bar in the west loop. 18-year-old adel daoud was indicted by a federal grand jury yesterday, for trying to use a weapon of mass destruction and trying to destroy a building with a car bomb. the bomb turned out to be a dud and the seller an undercover fbi agent. prosecutors say daoud refused several offers to back out of the bombing plot. daoud's defense lawyer claims his client is just a misguided teenager, and the feds set him up. he'll stay in jail until his arraignment, about a week from now. the former comptroller of dixon illinois is facing a new round of charges. rita crundwell was indicted yesterday on 60 counts of theft... for allegedly embezzling more than 50 million dollars from the city, and using it to support her horse-breeding business. she was already facing a single federal count of wire fraud. she has pleaded not guilty to the federal charge. g-m is recalling more than 400,000 cars to fix a problem that could lead

chicago police have confirmed they are speaking with two persons of interest in the shooting at the cta credit union this morning. the gunman approached a 70 year-old male employees shot him in the lake and left with over $150,000 a witness gave the police a description of the van that was leaving the scene ... police apprehended the people in the vehicle and took them in for questioning people around this complex believe it was an inside job >>i can't speculate on what happened if this person was set up to just never know ... i really think it was an inside job >>nobody knows how much money they get to this bank for these retirees every month ... we believe it had to be set up ... the employee who was shot was described as a man in his early 70's he's a long time cpa employee ... he will be o.k. but no official word on his prognosis yet. the cta has not commented on this incident prosecutors in the christopher vaughn murder trial argue vaughn murdered his family because they were obstacles to the life he wanted. wgn's nancy loo has more on today's closing arguments. the defense concede

if the victim worked for the cta for many years and retired a decade ago. if you were all round him you will definitely laugh because he is a very jolly and a sweet personality wax, >> this morning while he was at the facility and the 600 block of north pulaski was approached by at least two men robbed of $140,000 and then shot in the leg cause life-threatening injuries co-workers think this could have been an inside job saying someone would have to know the man was carrying that much money. a lot of people don't know about it. i can't even speculate on actually what happened if he was set up or, you just never know, no one knows how much money that they give to the bank for the retirees every month they don't know that so we believe that it was a set up. the two suspects were picked up one hour later at a nearby gas station eyewitnesses told police about a new red suv from the scene which led them to the corner of washington and pulaski. to possibly three people are being questioned by chicago detectives right now no charges have been filed yet. >> news of

are calling encouragement lines they will visit the mayor's office cpsc and c t u headquarters where cta delegates will vote and a sepias high school is looking for something to do during the strike all seven campuses will be open for visits between 10 and the morning and one in the afternoon. students can get a campus tore and information on dual enrollment programs. even more educators considering a strike. union reps say contracts have reached an impasse including issues like freezing teacher pay for two years free retirement pay incentives teachers say they already agreed to pay higher health premiums and copays. the school board is staffing the schools with administrators and substitutes the teachers went on strike last wednesday school board and union reps continue to do their talks at the bargaining table. an 18 year-old from hillside is accused of planning to park a car bomb in front of a downtown bar the defense attorney disagrees saying his client isn't influenced by the government. i was told today that his son is innocent of baby in his words and the best of his four children

in the morning no cta members will be inside our schools.y, totally avoidable. it's about quality education not being in the classroom and 100 degree weather in the summertime and social services, there are lots of other issues and they haven't even touched them. this is not the behavior of a group of people that are serious about the interests of our children. we either do this together in some sort of reasonable way or we will always be fighting. we made some movement on some issues that they had so both sides are coming together. we have 48 articles in our contract, we have agreed to 6 so to say that this contract will be settled today is lunacy. a judge of course denied the restraining order earlier today we are watching and waiting for word from the chicago teachers union at this hour. this settlement is an honest compromise it means returning our schools to their primary purpose. do you feel very positive about moving forward, we feel grateful that we have the united union and that when the union moves together amazing things happen. c

for starters close to 400,000 students are simply killing time until the strike ends until then this cta is offering them free buses in train rides in the meantime. a two day strike is hardfar from ideal and everyone knows it could get much worse in 1987 teachers walked out for 19 days class's didn't resume until october back then. the offer was a 3 percent raise in the first year in 2 percent raises in years two, 3 in. bore. c a t u is focusing not on the money anymore but teachers do not like the evaluation process proposed. we should not be keeping kids out of school. david vitale the school board president went home tonight of round 7:00 or so and while others remained here on site going over a lot of the technical things he and other big bosses have gone home for the evening his office making it very clear to us tonight that there is no deal on the table unless david vitale is seated at that table. negotiations resume on tuesday. >> thousands of teachers packed the streets outside sepias headquarters we are catching them walking and protesting the streets of chicago. the chance for

an absence of correlation among the different strategies, event-driven strategies, macrostrategies, ctaegy, all those now are performing particularly well. at times went equity markets are zigging and zagging. we think there is real diversification here and this is not 2008 by any means. >> i'm imagining mortgage-backed securities has been a winner? >> it has all the different risk-on fixed income traced done extremely well. yields have fallen, spreads have compressed, terrific positions and the private bank, for example, overweight those holdings much of the last year and a half. the hedge funds have done as well. we think that trend is near an end however, simon. >> talk to me about the future what do you believe will happen if that trend is at an end why do you believe it is, and where next could people profit? >> well, right now, what i would say is there's sort of aby if you are cation and when the common trend is to have risk on as it seems to be equities now, you have to be wary, mark vets a great run. the area wes like are those distressed, distressed real estate, distressed ass

the other base, joint base langley-eustis, we found that there was a set of factors there where the cta 1 canster, and i can tell you from all my discussions with the wings, the c-2-a-1 had a different meaning and we saw different clusters take place. and the human factors engineers and scientists tell us this is to be expected if there is a perception of a problem and then somebody credible within the organization has a problem, others will begin to experience the same thing. and that's what we had. credible aviators who had a perception that we had helped them believe there's a problem with your life support system which could have been contamination and at the first time saying i have a problem terminating the mission, their credibility extended to other people at the installation. that's how we explain it. at the other installations it never got to that point. there were factors that had professionals make well-measured good decisions to terminate missions because they had the perception that there was a problem. >> one other comment, mr. chairman. when the scientific advisory board