and this week fairfield greenwich offered a settlement. full restitution for all massachusetts investors. not quite as magnanimous as it might sound, though. there were only a handful of investors in massachusetts. so the settlement would have been worth only a few million dollars and fairfield greenwich would not have admitted guilt. so massachusetts secretary of state william galvin turned the offer down, calling it a thinly veiled attempt to circumvent the process and saying it is premature. besides, he said on "power lunch" today the offer had too many holes. >> there is no actual offer. there's been suggestions. but the reality is our goal is to get everyone and at this point we have not satisfied ourselves that everyone has been identified. >> but fairfield greenwich says the settlement offer did have a provision for investors yet to be identified. and the company says it's confused. when galvin brought the case in april, the company says in a statement, the stated goal was full restitution for massachusetts investors. that's what fa

madoff, and they relied on the -- or the entities relied on fairfield grenich. we think we have a very strong case. >> talk about that case. i'm really interested to know, what is your state of knowledge of fairfield's knowledge of what madoff was doing, and whether or not they were complicit in this ponzi scheme. >> well, i think if you look at this complaint that we brought, and the details that it provides, for instance, one of things that many people are focused on is the recorded conversation between mr. madoff himself and agents of fairfield grenich, where he was coaching them how to avoid defectitectio the securities and exchange commission. >> and we have a full screen of this, let's bring this up. madoff is saying -- obviously, first of all, this conversation never took place, mark, okay? >> yes, of course. and then they go through a whole series of questions. >> he says there are a couple of things that, you know, could come. i don't know if they'll come up or not, and let me just tell you how we -- >> and this is in conversations with the s.e.c. >> wh

the fairfield green itch group. the fairfield greenwich group was sued in an administrative group back in april saying that the -- feeder fund failed to protect madoff investors. this fund had offered a multimillion dollar settlement which we are told would have included full restitution for the massachusetts investors, direct and possibly indirect in that fund. which is roughly about $6 million or so from roughly ten individuals. the massachusetts secretary of state's office has shot that down. it is calling it a transparent attempt. thinly veiled attempt to circumvent the administrative process, pointing out the settlement would not have made any admissions of guilt. they take issue with that and it is all premature because there hasn't been a hearing. this proposed settlement with the fairfield greenwich group has been rejected by the massachusetts secretary of state. fairfield greenwich is trying to devote its attention we are told bay spokesman to the litigation much more substantive litigation in new york by t

died last thursday at his home in fairfield pence vein yeah. no word yet on the cause of death. smith joined the dment in 1990 and recently worked out of engine company 13. he is survived by his wife, two daughters and one step daughter. should be a lot easier getting home tonight than it was getting to work. there was a tough time in downtown baltimore after a truck spilled some type of clay just before 6 this morning on northbound i-83. the section between fayette and north avenue was closed down so the mess could be cleaned up. >>it is an inconvenience. it's a mess. we've been going in circles a couple of times to get out of the traffic. crews finally got it all cleaned up, but it did take several hours. >>>if you want to take part in the government's cash for clunkers program it's been so popular that you better hurry. the obama administration plans to end the program on monday at 8 p.m. eastern time. the program offered car buyers rebates of up to $4,500 for trading in older vehicles for new more fuel efficient vehicles. >>it's something you may not think about this time of

>> fairfield, connecticut. you're red sox fans. you just arrived for vacation yesterday? >> yes. >> now this you can go into the water. what do you think about that >> i think it's a good idea because of the rip tides and stuff. it looks pretty unsafe. i think it's good they are doing that. people probably will drown and get hurt if it happens. >> reporter: you are here for the whole week so looks like you will be able to salvage -- >> hope it passes so we can go swimming. >> reporter: do you know what to do if you got caught in a rip tide? >> well, our parents have been strongly cautious, informing us about rip tides what to do if we get caught in the currents. we're avoiding the water although it's a dumper on our vacation. >> reporter: hopefully it won't last too long. thank you very much. so, again, the warnings are out. no swimming. they advised boaters to stay in safe harbor until the storm passes. worse of it 9:00 tonight no the we hours of the morning. back to you. >> on the korean peninsula new signs of frosty relations between the north and assault may be thawin

. >> and, willie, our friends from fairfield greenwich have a statement.ad you a statement with regard to your yacht story here. the yacht that vicky ward wrote about was ordered three years ago. by the time of bernie madoff's arrest the yacht's construction -- >> it takes a while. they don't build these things overnied. >> if you want to play you have to pay, makes sense, doesn't it? >> no, it does not. >> they're trying to sell this yacht as quickly as they can. >> do you know how you do that? >> how? >> you give it to a company who leases it to somebody famous. >> like donny deutsch. >> and then you put their money into the settlement pool. that is what you do. >> $20,000 a week. >> you live a good life, donny deutsch. can i hang out with you? >> i'm trying to give you information. >> donny is totally right. >> willie and i want to live your life. >> i read, i study before i come on the show. >> he has the finger on the pulse of sag harbor. >> the discussions of nantucket. >> i'd rather keep my regular joe image going here. so the bottom line is there a

he is from fairfield county, connecticut. >> rob: near my wife's neighborhood. 3-2 pitch.r goes. zimmerman hits and follows. >> bob: coming off a nice come from behind win yesterday early scoring would be welcome. garrett mock is going to go out and pitch more than 5 1/3 innings. that's been his longest start this year. a small crowd. game 4 of a wrap around series. pardon me, monday. >> that's monday. >> bob: a swing and a miss. and with a snow cone tag. cedeno holds on and guzman is gone. on the backnd of the strike them out, throw them out double play. right by zimmerman and a fastball. in the dark. no peanuts or nothin'. and then if your bag wants to bring one of its little bag friends for company, they charge another $25. that's just plain mean. why do they hate your bags? at southwest airlines, bags fly free. grab your bag. it's on! ( ding )  >> bob: pirates 28-20 this batting.259. 12th in runs. bottom 3 in homeruns. and milledge returning to the big leagues had a good series with the bat. he has not been good in left field. 5 for 12 with 11 strikeouts. one wal

is that, i wonder if that's fairfield, you get a discharge. >> i think it's a power plant actually. > away. >> i think it is. my eyes go to the clouds. sharon has traffic. >> here's first warning doppler. we're seeing some shower activity. going to have the news room call. had some showers through the last hour. the forecast for the day, later on we see a strong spade of weather coming through with an 81-degree high. tomorrow nice day with a high of mid-80s. >>> good morning. busier, we have an accident on 95 on route 100. southbound at old frederick road road. three accident miss . -- in the city. tucker lane and oak land road. there's a look at the drive time on the beltway, close to full speed. a delay on 295 south of the beltway. eat local, go to maryland's best. >>> in the news, neighbors take to the streets to rally against the gun violence. gigi has the story. >> reporter: good morning. neighbors want a safer community and hit the streets last night and had the top cop with them. it's happening one night after another stray bullet hit an innocent person. this time, a woman took

he showed me some marketing material from fairfield century, one of the original cedars.he returns were just too consistent. >> that was your tip-off, that -- >> right. >> 20% returns all the way through, the same thing that madoff was reporting. >> right. it was 10 to 12 at that point. >> could have you done more -- once the article was published, i mean, knocked on the door of the s.e.c.? do you regret -- as a journalist you can only do so much, right in. >> i should have gotten -- i put everything i could in the story at the time. i didn't know it was a ponzi scheme. >> you had no proof of that. >> i had no proof. without, libeled, i wrote everything i could. >> do you have stuff in the book now that's not out there? >> absolutely. >> so this is the insider's book. >> yes. this is really a book about how the scam works. >> erin, do you have a feeling of -- was there ever a time where he was legit and got over his head and -- >> my gut says yes. >> he was an innovator, in a lot of ways. he was an innovator in popularizing computerized trading. definitely on the leading

first she is off to fairfield and then to a base to new jersey for about a month.> no push-ups for her. but if she is starting to gain weight, we might have to do push-ups for her. >> the humane society is sending toys, and a crate to help train sophie. sophie the soldier seems ready for duty. >>> very cute. >> absolutely. >> very nice. >> all of these jokes that he has, why you don't see him. >> i'm leaving people out. i'm not going to say it. i'm going to give you the weather. now i feel left out. 92 degrees for the temperature today with a chance of a thunderstorm hey ter in th -- ln the day. it could be a strong one. tune in to fox 45 news at 5:30 and see what we have to say. temperatures in the mid-80s and less humid. >> all right. have a great day. >> my flowers and i will hopefully not wilt in the heat.