sheriff david morgan is respond og to that report. david mattingly joins us with the breaking news. >> reporter: for the first time sheriff david morgan is confirming a murder for hire scheme is a possibility they are looking at. they have been looking at this possibility from the beginning following up on what he called uncorroborated information. all these weeks later they are still working on it and not ready to rule out the billings murder was a hired hit. >> let me state emphatically that at the onset of the billings investigation the escambia sheriff's office was in receipt of uncorroborated information to lead a person to believe this was an avenue of an investigation we should, in fact, pursue. i want to ensure the media and the citizens of escambia county we have and will continue to do that very thing. >> our source with knowledge of the investigation goes further than that saying the state's attorney's office believes murder for hire was the motivation in this case. it is the position of the office of the state attorney that

friend and business associate of byrd and melanie billings according to the escambia county sheriff david morgan >> they were business partners in a series of businesses, in a finance company that financed cars and other things and a couple of small car dealerships. >> reporter: the relationship soured. tice owed billings $30,000, according to the sheriff, and was arrested on writing bad checks to the billings. the sheriff also says he's not ruling out that the billings murders could be a contract hit. another intriguing connection, tice was close to patrick gonzalez jr., the man authorities portray as the ringleader in the mur of the florida couple that adopted 13 children, many with special needs. >> he's had an ongoing relationship, he described it as a father and son relationship where they spoke on a daily business. >> reporter: the sheriff says he's surprised by information tice volunteered like a connection to organized crime. >> he affirmed that because he got into financial trouble in the business and he needed some money that he made connections with what he referred to as the mexican

. >> reporter: at the center of the media firestorm the sheriff of escambia county, florida, david morganme known, the number of people involved in the murder, the special needs children, etcetera, it caught fire internationally. we received phone calls from germany and france and all over the world about this case. >> reporter: behind the scenes sheriff morgan and the department moved fast to catch the suspected killers and he did catch a few good breaks. >> we had a tremendous break with the fairly sophisticated video system the family had in place. >> reporter: the intruders' faces were covered, but their vehicle was red, an older model van. it stuck out like a sore thumb. >> we determined quickly from call-ins who the van was sold to. >> reporter: that's because several tipsters contacted authorities they'd seen the pictures. one of them, a very observant kathryn colbert couldn't help but notice. ms. kathryn as she is known, you met her earlier, has lived in the pensacola neighborhood for nearly 60 years and likes to keep an eye on things. she was certain she had seen that van before.

. >> no one has fuelled the speculation more than the savvy sheriff of the county, david morgan. we spoke with him at length just a week after the murders. >> i think you've used the word in the last week, humdinger is there a humdinger you can't tell us? >> yes. >> so this a robbery, a home invasion, but something much more? >> something much, much more. >> is this a you wouldn't believe what's really gone on here? >> that's tr. if i had determined to write a book, i'd write about this. >> withs s wordikle iikattht' wonder the rumor mill has been churning furiously. it's certainly not surprising that this has been a huge story at the pensacola news journal. a legal affairs reporter has been immersed in the store for the last six weeks. 700 pages here. does this answer the questions that have been hanging over the billings case? >> i think it brings some clarity to the case but i don't know that it answers the burning question of why this happened. >> because of the extensive surveillance system, the report says there were not only cameras outside the house, but also in each chil

long-time friend and business associate of byrd and melanie billings according to the sheriff david morgan. >> they were business partners in a series of businessesing both in a finance company which financed cars and other things and then, of course, in a couple of small car dealerships. >> reporter: however, the relationship soured. tice owed billings about $30,000, according to the sheriff, and he was arrested thursday on a year-old charge on writing bad checks to the billings. the sheriff also says he is not ruling out the billings murders could be a contract hit. another intriguing connection, tice, according to the sheriff, was also close to 35-year-old patrick gonzalez jr., the man authorities portray as the ring leader in the murders of the florida couple who adopted 13 children, many with special to the murder of the couple, who adopted 14 special needs kids. >> they spoke on a daily basis. >> the sheriff says he's surprised by information tice volunteered, like a connection to organized crime. >> he affirmed that because he had got into financial trouble in the business and he ne

. >>> joining us exclusively from pensacola is escambia county sheriff david morgan.ir. >> let's talk abouts hryen cab tice. tell us w he is and whahenv inv> se' h a local care' dealer who, agn,ai as your previous reporter stated, had business dealings with mr. billings and an ongoing friendship with patrick gonzalez jr. and business holdings in alabama. >> it seems like patrick gonzalez jr., the alleged ring leader, is trying to shift some of the blame to mr. tice. what do you make of those charges? >> i would say in this case with the number of people we have under arrest and facing their upcoming trials, there is plenty of blame to go around. >>. >> you had said originally you thought the sole motivation in this case was robbery. do you still think that's the case? >> we, in conjunction with the state's attorney's office in escambia county initially put out that premise. of course it's a very solid wonl. it w it was a home invasion that unfortunately led to a couple of murders. that still is the basic premise of this case, yes. but we've also stated from the very b

sheriff david morgan, you have had him on your show before, said he has seen it and you know it's coming and it's a shock answered saw it again and he said it is still a shock. they can most likely extrapolate which of the guys in black was which based on the way they walk or determining their height, that sort of thing. i think it's going to be a real probable. and of course, we haven't heard the results of things like gun powder residue tests on gloves and shirts and that sort of thing, which is certainly will reveal the shooter. >> don, you agree with that? >> yes, i do there is another ontion there, too, which is to use what you got from the little guy as lead value as opposed to looking toward testimony, get that information and then that develops the leads and then you may get a different person to testify. >> guys, get a call in. joseph is with us in florida. joseph, your comment or question here? >> caller: okay, i just want to say my prayers go out to the family. i don't see how they can do that in front of that 10-year-old child. i know how that 10-year-old child is feeling. i

everybody says that sheriff david morgan, you've seen him plenty on your show, when he said humdinger he might have been underestimating how this is really going to go out. it's got a ways to go, mike. >> mike, at the bond hearing of gonzalez sr., it was the judge who raised gonzalez sr.'s bond. the prosecutor said, no, leave it where it is. that was an indication to me that gonzalez sr. was first through the door, as we call it, working the best deal to make the best deal with the prosecutors. they're the ones that get the best sentences. the rest? huh-uh. >> thanks, guys, we appreciate it. >>> the health care debate, getting heated. these town hall meetings have turned into screaming matches in many cases. motions running high. case in point, lebanon, pennsylvania, democratic senator, arlen specter, pretty much played referee. one man interrupts. starts shouting. gets shoved by another. in missouri, just hours ago, a woman actually had to be escorted out during a meeting with sn claire mccaskill. >> we do a pretty good job, i think, of protecting people's privacy. but we don't do a

sheriff david morgan calling a late news conference.g michael jackson's autopsy has been delayed indefinitely. randy kay has new details. >>> hunting pythons in florida. 17-foot snake caught yesterday. there are 100,000 pythons in the state on the loose. we'll show you how the state is dealing with them and news on the economy, whether the recession about about to be over. those stories ahead on "360." >> from pythons back to sharks. andy, patrick and chuck are with us. shark week coming up on discovery. krishna thompson, his nightmare is featured in the episode "shark bite summer." you say the narrator wasn't there to say stay out of the water. >> i'm glad. >> you relive it. was it horrific? >> it was. i underestimated the power of the shark. they are so powerful. when i saw that shark coming towards me i thought i could get out of its way. >> how big was it? >> i hear, like, according to george burgess, i believe he told me eight feet. >> and talk about the power. you said you thought you could outswim or overpower the shark. you clea

cabtie was a longtime friend and business associate with bird and melanie billings according to david morgan they were business partners in a series of businesses. both in a finance company which financed cars and/or things and in a couple of small car dealerships. >> reporter: however, the relationship soured. tice owed billings about $35,000 and he was arrested thursday on a year-old charge of writing bad checks to the billings. the sheriff said he's not ruling out the billings' murder could be a contract hit. another intriguing connection, tice, according to the sheriff, was also dloes 35-year-old patrick gonzalez jr., the man authorities portray was the ringleader in the murders of the florida couple who adopted 13 children, many with special needs. >> he's had an ongoing relationship with patrick gonzalez jr. he described it as a father and son relationship, where they spoke on a daily basis. >> reporter: the sheriff said he's surprised by information tice volunteered, like a connection to organized crime. >> where he affirmed that because he had got into financial trouble in the busine

sheriff david morgan calling a late news conference.ckson's autopsy has been delayed indefinitely as you reported. randi kaye has new details from the search warpt released. >>> hunting pythons in florida. 17-foot snake caught yesterday. there are 100,000 pythons in the state on the loose. we'll show you how the state is dealing with them. those stories and news about the economy, whether the recession may be about to be over. those stories ahead on "360." >> thank you, anderson. from pythons back to sharks. andy, patrick and chuck are with us. shark week coming up on discovery on sunday. krishna thompson, his nightmare is featured in the episode "shark bite summer." i guess you're sorry that narrator wasn't there to say stay out of the water? >> i'm glad. >> must be a heroine experience to go through that. do you relive it? was it horrific? >> it was. i underestimated the power of the shark. they are so powerful. when i saw that shark coming toward me, i actually thought that i could get out of its way. but that -- >> how big was it? >

. >> reporter: no one has fueled the speculation more than the savvy sheriff, david morgan.e spoke with him just a week after the murder. >> i think you used the word hum dinger. is there a hum dinger you can't tell us? >> yes, that is a true statement. >> this th is a robbery, home invasion but is something much more? >> much, much more. >> is it a you wouldn't believe what's really gob on here?Ñi >> if i had determine to write a book, i'd wri about isth.th >> reporter: it's no wonder the rumor mill has been churning furiously. it's certainly not surprising this has been a huge story at the pensacola news journal. chris has been immersed for the last several weeks. the 700 pages,oes this answer the questions? >> i think it brings some clarity to the case. i don't know that it answers the burning question of why is happened. >> reporter: because of the extensive surveillance system in the report's home, the report says there were not only cameras outside the house but in each child's bedroom. it took just days for investigators to arrest seven suspects. a stolen safe was rec

morgan chase came in a 20%. david a nider o j..morgan ase says thos numbers don't tell the whole stor >> it's going t vary widely epending on where the servicers is located, h big the servicer is. one thing we can't forget is h many customers are we actually hping, and if you look at the size of howany stomers chase has helped, versus the ze of our agegate portfolio, we've perfmed very well. >> report: barr would not characterize individl leers, but promised re scrutiny. we are going to be increasing focused on e lag ards. looking to see ways tourther incentivize the performance. freddie mac, our compliance agent, will be cducting second look reviews, auditing mples of mortgage loa applications for modification that hadeendenied. >> reporter: governme officials advise borrowers to seek free counselg to aid foreclosure rescue scams, and to t to help them negiate with banks. as for the hoyles, they are temporarily movinin with relativesntil they can afford the deosit on rental housing. >>this is pledge week. >> ifill: t

soon an announcement from sheriff david morgan. >> mr.is a person of interest in the billings case. >> reporter: tice is questioned for three hours. but so far, he is only charged with grand theft for allegedly writing $17,000 in bad checks to the billings finance company, whirlco. he's out now on $5,000 bail. >> there is no evidence that links me any way to this murder. if it had been, i would be in jail right now. >> reporter: now, in an exclusive interview with "dateline," cab tice tells his side of the story and defends himself. the name cab tice keeps coming up, you're the guy that's somehow behind all of this. why did they come up with your q no carrierlistort encoder cf10 >> the billings family's attorney says they never heard a word about any irs investigation. she says -- >> tune in to a special "dateline" nbc "no safe place," tonight at 10:00, 9:00 central time right here on nbc. >>> still ahead, an exclusive interview with a man whose new wife allegedly tried to hire a hitman to kill him. after this. >>> still ahead, much more

critical time for investors weigh thought we would bring back in the two davids, david darst, chief investment strategist with morgan stanley, david furle. we left off the conversation a few minutes ago saying we thought the market was going to go down. retail sales coming out this week. it's going to be a key thing for investors to digest. david if your lick to get a pretty good read on the consumer. >> the consume ser is going to still be pretty weak. one of the interesting issues has been the cash for clunkers. consumers are buying a durable if they can get one of those cars which is going to take away from more discretionary purchases, apparel, other retail. it's going to be a very anomalous period. the consumer is probably weak earn will probably stay that way for a number of months. >> looking for the number this thursday to come out on retail sales, up 1.3%. a lot of that is auto. the auto you take out, up only 0.1%. a big chunk of it automobile sales. a week from friday, which will be the 21st of august, you want to watch the lead economic indicators. and it's expected they'll be up for the fourth month in a

david darst and talk more about this. he's chief investment strategist at morgan stanley smith barney. welcome, david. good to see you. >> so good to see you. and happy week leading up to labor day. >> exactly. those can be very bullish times or dangerous times, depending on how thinly traded the market is. are you as bullish on equities as some of the other analysts we talked to? >> we say buy risk assets. there's abundant liquidity. there's up earnings, up gdp growth. okay? and the valuations are not bad. so maybe 14 times 2010 earnings for the s&p 500. risk assets, commodities, high yield bonds, small cap equities, emerging market equities, and real estate investment trusts. in addition, if you want to take on some risk in advance of -- you'll have sunday's election in japan. so you might want to start to add to your japanese position. and there's reasoning behind that if you want to go into it further. >> wellish let's get some opinions back from tom. tom, where would you be allocating cash right now if indeed the projections that your firm is putting out are true at this point? would you be looki

joining me here, david darst, chief investment strategist with morgan stanley. and directly to my right, jordan kimmel, market strategist with national securities, author of "the method of invest." so gentlemen, let's talk a little bit about the dollar. a lot of people scratching their heads. dollar strong, stocks strong as well. commodities kind of moving sideways. that hasn't happened recently. is this a sign that something -- there's a change in the air? >> global recovery is the theme. you've got germany, you've got japan recovering. the united states looks like -- you see the jobs number, robert, 240 this morning, 247. that means the fed's going to be able maybe with people starting to of month into mid next year rather than end next year raising rates. as you know, we learned in college, currencies were driven by trade. today they're driven by capital flows. thus interest rates. so if the economy's stronger here, looks like we're coming out faster than people thought, that's going to raise the interest rate, going to raise the currency. thus today unlike e

david ..'s drawings and paintings are part of permanent collections at the metropolitan museum new york. the library of congress, cleveland museum, national portrait connection, and england's national portrait gallery and the pierpont morgan library in new york. to learn more about david levine, visit his website, www.davidlevineare.com. in north carolina to learn how the c-span abraham lincoln book was assembled. >> hello, i would like to welcome you to linton north carolina. a complete book and journal manufacturing company. today we are going to see the live production, the life binding of the c-span book, abraham lincoln title. on a weekly basis we produce 300,000 copies all for this line. our work make consists of books as well as journals. technology has actually increased the throughput of the product itself, in the old days we used to have to skid down product, of all lot by hand jacks. today, being and in line operation, books never touch the ground from the minute the signature is placed in the pocket on till the actable book leaves the machine importance of the other end which you will see throughout this process. a book is composed of signatures. this is a signature we actually produced here in our facility. w

bristol-myers squibb is a prime example today, down sharply after morgan stanley cut it to equal weight from overweight. analyst davidys not a question of fundamentals or bad news on the horizon, it's all about price, and bristol-myers squibb is a little rich compared to its peers. not so much anymore, though. his price target $23 a share. it's below that but still near it. and so that might suggest that maybe some money's supposed to come out here. here's merck, which is helping it drag down the dow industrials today. as you can see, they've helped as safe havens as the market came back, but maybe sort of underpinning and looking like they're getting a little rich. schering-plough down about a percent today as well. although it is up 39% over the last year. these moves, again, not particularly news-related, it seems. the big pharma stocks traditionally defensive plays, which explains why a lot of money has been moving into the sector in the past year. again, that relative to some others, but as we look at the pharmaceutical index it's interesting to consider whether these stocks really are starting to turn now, and

david tice, bear market strategist at federated investors. and kevin flanigan, fixed income strategist at morganstanley smith barney. great to have all of you guys here today. and kevin, let's start off with you. anything you heard today that changed your view, that makes think differently about the future and your market stance? >> no. i think the two important takeaways was first they continued to leave the language in there that they're not going to raise the funds rate anytime soon. so when we get these less bad employment reports, let's not watch fed fund futures. let's listen to what the fed's trying to tell us. the second aspect is i think the fed is putting to rest finally any thought or consideration they're going to add to the treasury purchase program, follow in the bank of england's path or anything like that. those are my two takeaways. >> david, you think this is a false rally and this leveling out concept brought out by the fed-s that baked into this number? >> we think leveling out is the key word and the green shoots are not indicating a v recovery, it's really an l recovery. an

david ortiz does that, too. >> bob: owe is papi. he,. >> rob: he knows everyone's name. if i don't know i say dude what's going on. hey, dude. how you doing? [ laughter ] , papi. >> bob: morgannting his 45th hult hit game of the year. if he gets another he will tie it. guzman in that department. that is just outside of the bag. >> rob: you talk about tony being a great player i know i played basketball against cecil fielder, his dad. cecil, who probably went 6- foot, 280 do dunk it. a very good athlete. you see prince. >> bob: his dad was a right- handed batter. hit many on to the roof of old tiger stadium. he was something. the o-2. targets in morgan hits one to right center up in the air for cameron. nationals threaten with 2 hits but a pickoff hurts. 3-2 into the 6th. ♪ ♪ tell me who's watching. (announcer) it's right here. it's easy. ♪ i always feel like somebody's watching me. ♪ it's the money you could be saving with geico. what is it to lead? at pnc, it's doing what most benefits our customers. whether that's building more certified green buildings than anyone on earth. creating online banking tools for the next generation. or making a 10 year, $100 million investment