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various states attorneys general or or other agencies within the state governments you know eric schneiderman you know going after aggressively going after the bankers in new york and many others as well that they could be the point of that spear if the president fails to the last time i saw the attorney generals as a whole do anything tom was when we handled the tobacco case where we got together with the attorney generals throughout the united states and we said you have to allow us to stop the killing by way of tobacco cancer and heart disease that's less than they were ever unified at all if you went for example to the attorney general here in this state pam bondi and asked her to do something that was anti-corporate and chamber of commerce she would laugh it's you that's the cow. oliver of most attorney generals at least in thirty states where you have republican governors and republican control legislators generally that flows all the way down to the attorney general in the past you've had attorney generals that have been very proactive they've they've interceded where it comes to stopp

new york attorney general eric schneiderman is here exclusively with his plan on cuing it out. the day it is all about money and lines. ♪ [ale announcer ] do you have the legal protection you need? at legalzoom, we've created a better place to turn for your legal matters. maybe you want to incorporate a business you'd like to start. or protect your family with a will or living ust. legalzoom makes it easy withtep-by-step help when completing your personalized document -- or you can even access an attorney to guide you ang. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized docent to answer any questions. get started at legalzoom.com toda and now you're protected. where's tommy? i thought he was with you. no. jack! (playing twinkle, twinkle, little star.) mmy? go get him! don't stop! keep playing! here we go. here's the fun part! did you do this? great job! ♪ . melissa: come on, yes you are, the election is over. we'll all come together

"the wall street journal" reporting eric schneiderman has opened an investigation of utility companies handling of hurricane sandy. both the long island power authority and con edison were issued subpoenas. almost three weeks after hurricane sandy wreaked havoc on the east coast, long island power authority's chief operating officer stepping down, calling harsh criticizing for customers and politicians for the slow response to the storm. so could new york city have been better prepared? we have invited them on our show and they declined. here the way and is chairman of the oversight committee in new york on long island. and congressman bob turner representing the borough of queens and brooklyn. and the manhattan institute scholar who has been studying this issue. matthew, i'm going to start with you. you are right in the crosshairs of what is going on here. we just announced breaking news tonight. the new york attorney general going to be launching an investigation. do you think that will have that effect? >> it is no surprise. i don't think it will uncover anything that is earth shatt

eric schneiderman, reported he might bring a charge against credit southwest over $11 million in mortgage bonds. he has just done that the ag's office setting out a press lease now, you will forgive me for looking down to read it filing a martin act complaint. eliot spitzer famous for reinvigorating that you 1930s law to use it against wall street banks. new york attorney general saying basically they deceived equity buyers and mortgage-backed securities buyers to the tune of $11 billion. credit swisse, the news just crossing. g >>> we have fear of the fiscal cliff over here versus hopium on housing over here. what is likely to matter more? joining us, john lynn happen, director of u.s. equity at t rowe price. before we get macroon the stuff, i want to ask about hp. mandy and i talked about it in a previous block, you probably heard something. another huge blow to investor confidence? a dow component writing off 90% of the value of a deal it made last year. >> it is a blow to investor confidence and a blow to hp. in hp's case, they tried get out of a box by going ahead and making a transf

. >> internally, as you look at the road, we know eric schneiderman is investigating, issued subpoenasrry to the long island power authority and con ed, the notion there's criminal negligence is -- i won't say shocking but unprecedented in terms of storms and how cities weather storms. >> the most important thing in the aftermath of the storm was to get people electricity back. once you have electricity you begin the recovery process. people would say we're ready to begin rebuilding. we'd like to get to work but we can't do anything until we have electricity. getting electricity back to homeowners to buildings, residents was the most important task. most of coned restored power in its area. lipa which handles rockaways and long island is lagging behind. >> let's put this in the larger context. we had an incredibly violent storm, once in 100 year hurricane, superstorm, one predicted to hit last year. that would be two big megastorms only supposed to occur every 100 years happening in two years. we don't know if climate change was behind this. it opened up the national dialogue to the pr

new york attorney general eric schneiderman hitting them with subpoena demanding they identify users selling gas and supplies with jacked up prices. prices and price-gouging are widespread. one user selling a five gallon empty, empty gas container, for $500. others are offering full, five gallon cans for $120. what a bargain! so far the attorney general's office received over 600 complaints of price gouging on sandy everything from gas to hotels. over 100 craig's list users were targeted. he was on money with melissa francis last night at 5:00 p.m. talking about this. he was talking about price-gouging on bread at grocery stores, batteris. lori: disgusting. people can be so thoughtless. melissa: it was inevitable. lori: i have more confidence in humankind. melissa: i don't. lori: like the rose tint off my glasses really. did president obama win the presidency or did mitt romney lose it? melissa: the future of the republican party following the 2012 election. lou dobbs is here to talk about all that. ♪ [ male announcer ] how do you trade? with scottrader streaming quotes, any way you

. >>> elsewhere, eric schneiderman has filed a complaint accusing the bank of deceiving investors in residential bank securities, which later incured more than $11.2 billion in losses. they reject it saying it's inaccurate and an exaggerated number. hostess brands is moving forward with a plan to go out of business. this after the company says last-minute talks with the striking baking union has failed. the two sides were pressed into mediation by a bankruptcy judge in an effort to save more than 18,000 jobs. the court hearing will resume today in new york at 11:00 a.m. eastern. hostess, which makes twinkies, wonder bread and drakes cakes will ask the judge to approve a plan to begin a piecemeal liquidation. >>> news corps wants to extend its library. "the wall street journal" says the talks are preliminary and nothing is imminent. the move comes weeks after news corps failed in its bid to buy penguin, which eventually sold to random house. as far as the individual stocks are concerned, we don't have them for you. right. >>> research in motion may be losing another big u.s. customer.