he wanted to be frank because he was as cool as frank and he was as hip as frank.a big tribute to him in my show now. i wrote one of his last songs. i do it every night on stage. people are not aware of how talented this guy was. how did you as this friend and a white guy process , the way that he was maltreated in his career because of his skin color >? >> it started earlier for me when i was on a bus to the rope and -- rock 'n roll show. i was the only one allowed off the bus to go get friends -- food for my friends. it was a total disgrace for me. what is this? when they would not allow them started aels, we movement. frank and everyone said, we are out of here. frank used to tease him a lot about it, but we were totally supportive and getting it done. they were with us or we would not be there. tavis: speaking of your family anka meanshis name something. >> it is a middle eastern name. my grandfather came over from the middle east. what is a derivative of? my family told me when he lived in the small village over in the middle east, a young girl was raped. ther

narrator: one such shooter was frank butler. an irish immigrant in his mid-20s, butler was just starting to make a name for himself on the variety stage. he was traveling through southern ohio one fall, claiming he could outshoot anyone around. kasper: frank is staying in a hotel in cincinnati, and he starts talking with a bunch of farmers. the farmers say, "hey, we have someone in our county "who's a really good shot, and we're going to bet 100 bucks that this person can beat you." narrator: butler laughed, but he needed the money. the match was on. wilson: frank butler, this already professional shootist, shows up for this match with hundreds of people watching, and who is it that comes as his opponent but a 15-year-old girl who was only five feet tall and weighed 100 pounds. narrator: "the moment she appeared," butler recalled, "i was taken off guard." annie's first shot was a hit. ( gunshot ) both shooters hit 24 birds in a row. ( gunshots ) then, butler missed. ( gunshot ) "i stopped for an instant," annie remembered. i kne

frank, say hello to marty. hi ! hello. sit down, frank. jess ss you saved him a ton of money on his car. he's good, but i'll let him tell you. well, i'll tell you, you made a pretty big impression on old jess. he's a nice man. did he tell you about my shop ? yes, he did. have you had much experience working with vans and trucks ? at an automobile factory. at did you do there ? well, actually all sorts of things. frank, could you give me just a little bit more of an example ? may i take a look at that ? yeah, i guess so. thank you. do you mind ? you're going to have to excuse me. we tried. can i talk to you for a moment ? sure. i'm sorry yo interview didn't go well. i froze up just like i knew i would. - i guess i let all of you down. - you didn't let us down. you let yourself down. but you know what ? i know how you ft. i doubt it. no, really. when my husband and i got divorced, i had to find work fast and i was terrible at job interviews. the day i came into crossroads cafe, i was so nervous that i almost got sick. i used a trick that my

this july will mark three years since dodd frank was signed into law a bill designed to end the massive bailout of banks. and too big to fail we're going to end too big to fail this is intended to put an end to the idea that some firms are too big to fail how did we get here today's mega banks grew out of repeated series of mergers and acquisitions over the past two decades exacerbated by the crash of two thousand and eight frank was signed into law in two thousand and ten so where are we now nearly three years later the six largest u.s. financial institutions more than two thirds of all credit cards and over half of all mortgages today they have assets equal to almost two thirds of u.s. g.d.p. that's double the size from a decade ago and now that's created a problem that's almost too big to fail senator elizabeth warren recently confronted federal reserve chairman ben bernanke we understood this problem for nearly five years so when are we going to get rid of too big to fail. well some of the as we've been discussing you know some of these rules take time to develop three approaches be

frankly dodd frank has been allowed to keep before scott brown ruined it i guess is the way to. go and i would disagree on whether i think scott brown is to blame i think. a lot of problems and i think it's a real testament to brown vitter that actually repeal is one of the most offensive provisions of dodd frank which is to extend the safety net to clearing houses brown better rightly in my opinion strikes language needs to go now i'm going to there's too little capital banking system it's too complex but you know the throws the process out the window which needs to be the u.s. should go its own way that is a disaster process so higher and simpler capital i mean it was ridiculous to think that basel if you think this well i mean so unless demand for that oh absolutely but you know the fact is you know all you need to know about basel two is a capital system that tells you that greek debt is zero risk is a capital system bound to fail right you know and we had to walk away from that of course and told you that fannie mae was very little risk too so again to me a joke and it's a

there was an enormous effort to repeal dodd-frank. there was an effort to put every delay in the way of implementing the rules that you could imagine. since november, that has changed. what i am hearing now is the desire to settle down. there is acceptancy that dodd- frank is a lot of land and is not going anywhere. i have gone to all the regulators and said this is more than just a question of implementing dodd-frank. it is a question of respect in the government's ability to implement the policy it said it was going to implement. i want to keep this at the top of all the agencies. i don't have the ability to direct specific actions in every case. i will use every tool that i have to get decisions made in these areas. >> thank you, mr. chairman. >> thank you for coming in to the job have been put into at a most appropriate time. a lot of the questions have been asked but i want to talk about the whole premise of what is going on with the american people. the government should be your ally, your partner. the government has become the

there is authority in dodd-frank to turn a number of tiles to different levels.in terms of leverage requirements. until that process is complete, you know, it is going to be a little bit challenging to enter it in the present tense. i hope the answer can be that too big to fail is over. >> are former chair and ranking member, mr. frank, he would argue that orderly liquidation -- >> and makes the so we don't have the authority to do it. >> the second question i would like to ask is about the housing finance reform and to report talks about allowing the gse twined down into try to encourage a more private capital into the mortgage market. a few weeks ago we had a presentation by jim milstein, who has worked on the details of that. and we have committed presented a hearing about this that prescribed at a very high level, three options. he has put meat the meat on the bones on what was the options of this and what is a limited federal that guarantees reinsurance. have you seen that proposal? and if you have, what do you think of that? >> we are in a ongoing process o

which brings me to my next stop with frank ahern. the pharmacy. >> so frank this is pretty innocuous. it's nasal mist. what information has been added to my digital profile? >> your credit card company knows you have a child and the pharmacy has a record of you having a child. >> if i sent an e-mail, go get gas and gi to the pharmacy and pick something up, what can you learn about a person? >> you can learn a lot. you've been traced and tracked all along. consolidating is the big problem and the scary part. >> a quick stop by the atm, where my picture is taken and my bank records the transaction. as i take off down the road, any number of traffic cameras record my route. >> frank, coming up to the toll booth here. what are we watching for? >> cameras, number one. and taking pictures of your license plate. if you have the pass, they got a record of where you're going. >> where you came from. >> i finally arrive at the office. inside i can hardly make a move that isn't recorded in some form. like most big companies, fox news uses secur

they talk about how the dodd frank bill was passed in the congress. we had to put together a product to instore confidence, trust in the financial system without which nothing of this would work. if you don't restore the basic elements, the economy doesn't function. and so it was critical that be done. i think we did a great deal of that with us this, and time will tell, obviously, whether or not these provisions work. we think they will. >> paul volcker, chris dodd, barney frank and robert kaiser when we continue. funding for charlie rose was provided by the following:. >> additional funding provided by these funders captioning sponsored by rose communications from our studios in new york city, this is charlie rose. paul volcker is here. he was the chairman of the federal reserve of the united states from 1979 to 1987. s ahead of the central bank he raised interest rates and he beat inflation. more recently volcker has been associated with banking reform. he gave his name to the volcker rule, a section of the dodd frank act which prohibits banks spec

that is what the policy of dodd- frank, our policy in implementing dodd-frank. we are not yet at the finish line. take aenge -- if you snapshot today and look ahead. if you look at the debate that has taken place over the last number of months, there are different approaches to what additional actions are needed. there is authority in dodd- frank to turn the number of dials to different levels in terms of capital requirements, leverage requirements and until that process is complete it will be a little challenging to answer it in the present tense. i certainly hope and intend the answer to be too big to fail is over. >> our former chair and ranking member, mr. frank, would argue orderly liquidation authority effectively and too big to fail -- >> it makes it so we do not have the authority to do it. .> right second question, you have been after little bit about housing finance reform, and your report talks about allowing the gse's to wind down and tried to get more private capital into the mortgage market. we a few weeks ago had a presentation here in committee b

act barney frank.hank you for joining us. >> you're welcome. >> congressman, i have to ask, after all the work put into dodd/frank, are you satisfied with how implementation is going in congress? >> no, but it is doing better than frankly, you said, they are not selling the same products. the single biggest problem we had in the earlier period we are mortgages being sold to people who couldn't possibly repay them because the mortgages were sold and then securitized. the bill specifically prohibited that. that's being enforced. you do not have the kind of irresponsible mortgages going forward. there's much greater capital. i am disappointed and there are two factors that don't often get mentioned. we did not anticipate when we passed the bill that the republicans were going to take over the house of representatives. the agency that got the greatest increase in power under our legislation -- well, the one that got the greatest increase was the consumer financial protection bureau, which we set up, which

that is what the policy of dodd-frank, our policy in implementing dodd-frank. we are not yet at the finish line. there is a challenge -- if you take a snapshot today and look ahead. if you look at the debate that has taken place over the last number of months, there are different approaches to what additional actions are needed. there is authority in dodd-frank to turn a number of dials to different levels in terms of capital requirements, leverage requirements, and until that process is complete it will be a little challenging to answer it in the present tense. i certainly hope and intend the answer to be that too big to fail is over. >> our former chair and ranking member, mr. frank, would argue that orderly liquidation authority effectively ends too big to fail -- >> it makes it so we do not have the authority to do it. >> right. second question, you have been asked a little bit about housing finance reform, and your report talks about allowing the gse's to wind down and try to get more private capital into the mortgage market. we had a few weeks ago had a p

frank ahern says something similar is happening with my kindle. i do more and more of my reading on it, books and the daily papers, too. >> from what i understand some of these e reareds are reporting back to the company how quickly i am reading a book the words i am highlighting the sentences i am under lining. >> this is a prime example of what's next you buy a book on-line you find out wow they are tracking me. >> so i have already left a fairly substantial digital trail so far i barely even left the house. i am going to run errands and see what other bread crumbs i dropped. >> ahern points out my gps tracks wherever i go. that's not all. the national highway traffic safety administration proposed regulations requiring auto manufacturers to have event data recorders better known as black boxes in all new cars beginning in september 2014. some insurance companies already offer lower rates if you install one in your current vehicle. but how much is your privacy worth? you already give up so much unknowingly. >> first thing i am going to do is pun

>> no, actually, lawrence, we're just ball boys. >> frank, we're giants! think about it, frank! all the greats that have played here. willie mays, willie mccovey, you got to get into it. >> you're right! i'm beginning to feel it. think about it. karnow, mallicoat, we are ball dudes! >> hey, lawrence, you're not supposed we're going to have to stretch like juan marishell, do you? >> wow, i hope not. >> irv hope not. >> do you think they will let us keep the uniforms? >> no, we have to give them back. >> hey, we're ball dudes. they locked us out. >> what's up with that! >> we couldn't get lawrence back home. he says let's do some more, frank, let's go. >> what did i text you after you watched that? >> how much you loved our acting acts. >> is that what i said? >> i don't think so. >> that's what you meant to say. >> are you practicing though? >> we have been practicing, you betcha. you know? >> i have to correct you. earlier you said you put face paint on your face? it's called eye black. >> whatever it's called. >> sports guys. >> come on. >> those gates will be open. we'll be pl

our founder, frank openhimer when he started the exporatorium created something unlike it in the rest of the we woulder. it led to the movement of thousand of similar institutions since that time and never really wanted to call it a museum and he searched for a different word and it was our neighborhood across the street, who sat down with frank to come up with the word exporatorium. but to us, the staff, we really believe that it is this wonderful, zany public, learning laboratory. and where we get to invent and create things all of the time and now we have this beautiful new platform of which to do that work. but it took my predecessor who is also here today, a french physicist. to boldly declare that it is not a place, but an idea, an idea and way of thinking to change the way was learned, and for the exporatorium and its brand. today, i'm just so delighted, that we have a chance, to open up our doors with more space, more exhibits, more classrooms, more play, by our own estimates we believe that our impact will be multiplied somewhere between three and ten times depending on what

>> frank at this point, i've been monitoring social media.ut a call out, asking anyone for information in the area in san jose and east san jose that you've been focusing on to give us a call and tell us. because as you've been reporting it does appear this fire is happening near homes in the area. we put the call out and if anyone there is able to share with us what they are seeing and smelling. i believe our chief meteorologist bill martin says it's drifting south ward. this is something that a lot of people are certainly seeing and certainly smelling on a day like today at the end of a week where we've been talking about wile fires fires -- about wildfires up in the north. now it appears to have hit the south bay. this of course is the first relatively big fire that we've been reporting in the south bay. even before today, you will remember that our robert honda has been reporting for us how calfire crews were on alert because of this hot dry weather. that they called in their crews because of the conditions that we've been experiencing an

their mortgages in two thousand and eight and who are approaching the three year anniversary of dodd frank and only a third of the bill has been implemented yesterday at a house financial services meeting lawmakers voted to actually go back several provision one would allow banks to keep trading in the units that enjoy taxpayer protection of the f.d.a. feed we'll talk more all hazard in the new brown a bit better bill with tom hartman in a bit and from wall street to greenwich or maybe the cayman that's the direction bond in credit trading is going big banks are getting ahead of new rules that were her priority reporters are a trading but hedge funds are scooping up the bank trader and former goldman partners says the regulatory posture in the us and europe is unequivocal they want to transfer risk to the shadow banking system stayed tuned to see how to interconnected to fail plays out when bernanke he throws his baby huey out with the liquidity bathwater and here is what's in your frame interest. crowd funding is starting to gain traction in washington as it provides access to capital tha

how about you, frank? >> i had a hard time sleeping. 12:45 time today is game time. >> don't mess up. everybody is watching. >> youtube is forever if i mess up. >>> around the bay area, we are going to watch those winds whipping up again. in fact, it's already breezy in spots. and it will be picking up throughout the day today. mostly clear out there right now. temperatures in the 40s and the 50s. a little cooler start to the day. by the end even cooler than yesterday as we'll see those highs only in the 50s and low 60s coastside. it will be blustery through the mountain gaps. 60s into the bay, low 70s inland. high pressure still backed off the coastline. we have that low that's been diving in out of the gulf of alaska that's going to help to spin up more of the winds for today. and it looks like the better part of the week we are going to see cooler-than-normal temperatures and windy conditions outside. speaking of winds, computer models picking up on that now. already picking up toward the coastline by t

frank, you really want to talk. back to you. >> it's our next story. >> you're excited. >> i could not hold back. >> obviously. >> all right. so i don't know too much about this, i guess to some it was just a dimly lit light bulb, right? but to the people of livermore, it was actually the subject of civic pride. >> this has been going on for over a century. last night it looked like the famous light bulb burned-out after 113 years going strong at the fire station. kpix 5's juliette goodrich is live with a strange twist. this little light bulb just turned back on a few seconds ago! >> reporter: isn't there always a strange twist, frank? yes! this has been, you know, a landmark here. this is the light bulb -- i just want to show you so you can see. you saw me a couple of minutes ago when the light bulb was off. aside from power outages this bulb has been burning continuously since 1901. scientists from around the world examined it but nobody can explain how it's possible it's been on for nearly 113 years. featured in

dodd frank does address a number of those areas.le, derivatives trading and standardized derivatives under dodd frank have to be traded on a central counterparty with various requirements of transparency, non-standard derivatives have to be traded using various margin requirements. so there are a number of rules that try to make derivatives, the use of derivatives and the trading of derivatives and the systemic activity no matter who is involved on either side. another example is securitization where there was a number of changes included -- including the skin in the game requirement that is associated with the qm requirements and mortgages, for example. other rules to make security zags more transparent to strengthen credit ratings and so on. so that's the second area. repo markets, a lot of work being done, as i mentioned in my remarks on the trirepo market addressing concerns there. money market funds, i mentioned and there's a range of different areas. where it's at issue is not a particular, individual firm, but rather a class

it's almost three years since dodd-frank. it's almost five years since the meltdown. so there's a real worry among consumer advocates that with so much time passed that maybe they'll pick off some democrats. who's kidding who? the democrats are getting the $5,000, $10,000, $20,000 from goldman sachs. >> big checks from the finance services industry are not at all limited. >> so some of these bills won't get anywhere but there are bills that have democratic co-sponsors and there is some concern among advocates, lobbyists for the other side. i think what the hensarling story underscores for me is the inequity here. i added up the lobbyists with the top five consumer advocate groups in d.c. and it has 18. goldman sachs alone has more than 50 lobbyist, j.p. chase alone has over 60 lobbyists. we're talking about unequal warfare here. >> i think what's so interesting about the article and i would tell people to definitely check it out. we talk about campaign finance as part of the problem. obviously we are highlighting this moment of nexus of money and influence. but the in

back with us now is frank rich, "new york magazine" writer at large. frank, thank you for sticking with us. >> glad to do it, of course. >> the heritage foundation is operating here more as a political operation than as a think tank operation, which should not be that surprising. >> of course. >> the racial ties of the authorship of this report to current politics, are those not going to be a big deal, or does this still have the power to shock? >> it does still have the power to shock, because first of all we're in this climate where the republican party, after the election, is claiming great outreach to minorities and they are behind immigration reform. marco rubio and demint were at one point joined at the hip, but this just keeps coming. remember in the 1990s when charles murray, excuse me, another academic, did essentially a version of the same study, only it was about african-americans. the bell curve, it was sponsored by conservative foundations. it made the case that essentially they tried to downplay it, that blacks would never have the same i

a deadly accident today >>> good afternoon, i'm frank mallicoat. michelle griego is on assignment. >>> a deadly accident today involving a teenage bicyclist in san jose. he was riding on east capitol expressway when he collided with a pickup truck at the intersection with silver creek road. investigators are now trying to figure out who had the right of way. kpix 5 reporter elissa harrington joins us live from the scene now with the latest. >> reporter: hi, frank. such a sad story. police are still on scene investigating. the 16-year-old was riding his bike to school when he was hit. he was a sophomore at silver creek hospital a couple of blocks from here. the principal says grief counselors are at the school speaking with students. the accident happened just after 7:30 this morning. police say the teenager was riding his bike east on capitol expressway when he collided with a white pickup truck traveling north on silver creek road. it appears the teenager was in the crosswalk but police say they do not know who was at fault or which one of them ha

implemented is a top is a top-- dodd-frank priority. i think that will give stability in terms of knowing what the rules of the road are. like everything else we do, it will require fine-tuning as we go along. one of the problems we got into was between the great depression of 2008 is we took more than half a century without taking a hard look at what we had done. this will require constant attention. the financial history involved too rapidly to take 60 years off without taking a look at whether the tools we had were affected. on the non-bank rules, we hope to make a determination soon at the fsoc level. on the volcker rule, we have five agencies working together trying very hard to come out with a common approach that would be the best way to have clarity in the marketplace. on capital requirements, the fed is looking at working on finalizing regulations, from statements made by the fed members in the last weeks, i think they're working on trying to create a system that get as close as possible to meeting the concerns of small financi

to be frank, i really got tired of seeing rats and dropouts speaking for the aryan brotherhood.hey don't speak for us. they're not real brothers or they wouldn't have dropped out. they're marked men. they're dead men walking. as well they should be. >> weaver's role in the aryan brotherhood is one of the reasons he has been housed in administrative segregation. a lockdown unit. >> that was part of the reason why -- that's part of the reason why we sent him over there. >> that's part of the reason why we sent him over there. >> just his activity and his influence over the population being a leader with the stg group is enough reason to keep him over there. just at that. bu he can call shots and make things happen and stand back in the shadows. >> think i don't understand is they put me in here thinking i can make a hit. how does that save that person? he's still going to get hit. if i had the authority to do that, which i don't. but my past haunts me. and it's bloody. >> coming up -- >> as far as the extortion, i think he's lying. >> nick compton's story comes under fire. and lat

frank, what do you think of in? >> frank, it is not surprising.inventory, we see lotteries pop up. we've seen this years ago, very, very common, people standing out in line, sleeping overnight to get in to have the opportunity to put an offer in. so, you know, with the inventory being reduced right now. the not surprising at all. i think it bodes well still for again all the positive news that is coming out in the real estate industry. the all the reports are showing, improved across the board. to see lotteries pop up like this i'm not surprised at all. >> what the lotteries do keep people camping out from getting the houses. likeea 16-year-old kid waiting for justin bieber tickets providing he is popular. not exactly my demographic. the idea to keep people from camp out in new home subdivisions. we find that interesting. national association of homebuilders around tracking sentiment how they feel about things and waivering and vacillating up and down. my gosh, how could you not be positive and have great sentiment and people camping out in tents

frank's body has not been found but is presumed dead.ot who flew them before the accident said frank made a lasting impact on him. >> he was a person who candidly i found a real affinity for. i really liked him on the spot. one of those people you meet and say, wow, this is a great guy. >> the national transportation safety board is investigating the cause of that attack. >>> in london, two men were arrested last wednesday accused of attacking lee rig bye with a meat cleaver and several knives on a busy street. the two suspects said it was in revenge for wars in muslim countries, six other people are accused of conspiracy to commit murder. >>> u.s. secretary of state john kerry is overseas in africa and middle least. in the first official trip he celebrated the african union's 50th anniversary in ethiopia. at the conference, kerry spoke to an audience saying, quote, it's better to negotiate than continue violence. he's also open to negotiations with the taliban if they agree to certain ground rules. >> they agree that they will not engag

go ahead, frank. i think it's hugely distasteful for people on the left, i mean i find it distasteful that the government is monitoring the phone records of 100 journalists, i would have tried to pass the bill that they put on the floor in 2007. but the fact is, it didn't get passed. >> by the way, they were violating, alex, they were violating even if they weren't violating the statute, they were violating many, i think and i talked to some experts on this topic this morning -- they were violating longstanding department of justice guidelines on how to deal with this. there's a way to do this stuff. there's a whole community in washington that deals all the time between lawyers and investigators. and reporters. this just blew all of that out of the water, apparently. they didn't exhaust the other avenues to get the information before they did this. they were way too broad in what they did. and it's not the statute. but it's longstanding conventions within the department of justice that somebody like

san francisco business times and on behalf of our partner criteria require and carey and knew mark frank and all of our sponsors welcome to our annual mayor's annual for cast and happy valentine's day to awful you and i have already gotten a value ten from mayor lee. are you already fee feelings love this morning we have later pastries for you. this is the 14th year we post together this to look at the i state of city in his our region and there have been so many changes if you think about that have happened in each of these cities and sounding bay area it is last 14 years and if you look at the activity the cranes until the air the hospital building activity the activity ature ports and airports and hospitality sector the booming tech sector and all of the future plans, think about the changes that will happen in the next 14 years and each of these cities and in our region so we are going to hear a little bit about the future and some of the priorities and what the outlook is into this coming year and we are really delighted to have awful you here with us this morning. i think there is

said and kind of feed it back to congress recently announced that they'll be overhauling the dodd frankbanking laws and over eight hundred pages it's just too complicated for regulators and banks now since the signing of dodd frank there's actually been a fourteen percent decline in proprietary trading which you would think it's good now congress thought this law with its colorful prohibit on bailouts would restore confidence in the large banks but it's actually made people more skeptical of them and alternatives such as credit unions and community banks well there's such a benefit so just a little comparison between dodd frank in the windows eight operating system and i would say that i have a lot more confidence in microsoft than i do in the regulators to get dodd frank right why it's all volatile markets i think you make a good point they can't any banks and the regional banks and a lot of them are crying you know they're overregulated and they're not they're not subject to the same rules that the rest of the banking system and it's exactly and they're still under fire and they're go

i'm frank mallicoat. >> i'm michelle griego. 6:00. >>> well, just minutes ago, the news came via twitter. only fitting. yahoo's new ceo says the sunnyvale company will spend more than $1 billion to buy tumbler. kpix 5 reporter cate caugiran is at yahoo's sunnyvale headquarters on what's behind the strategic move this morning. >> reporter: good morning, frank and michelle. it is a done deal. and many people here or many employees at the yahoo sunnyvale headquarters are hoping this will mean positive changes for the web pioneer. ceo marissa meyer tweeted a few moments ago, i'm delighted to announce we have reached an agreement to acquire tumbler. we promise not to screw it

really, frank?ow. >> thanks. >> i'm sorry, but you are. >> did you know michelle can't park her car here at the station? >> i've heard that, too. >> did you know that i'm perfect? [ laughter ] [ laughter ] >> how about that! amazing, isn't it! >> cat's out of the bag. >>> hey, we have some crazy weather happening in other parts of the country. the rain really coming down torrential rain and causing problems. here's it is flooding into a college campus in illinois. it's amazing. very big storms developing there today and we have more stormy weather with the potential for tornadoes in the country's midsection. so a very scary day across a good part of the country's midsection. in the meantime, we are clearing things out here. you have a couple clouds there in the distance but more sunshine on the way. we have a whole lot of sunshine coming our way over the next couple of days. still a couple of lingering clouds as you look toward mount diablo now, but the temperatures beginning to warm up. the sea bre

marlie. >> reporter: frank, all is calm here right now. but after that rash of tornadoes tore through this north texas community, today we are getting a clearer picture of the full size and scope of the devastation. a tornado ripped through granbury, texas, overnight leaving vehicles upside-down and houses reduced to rubble. the deadly storm killed six adults in one neighborhood, sent dozens hot hospital and left many people -- sent dozens to the hospital and left many people homeless. >> we have no back wall, no windows, half the roof is gone. >> reporter: the spring storm pounded the dallas area with heavy rain and fist-sized hail. >> it was just loud. there was hail dropping. [ crying ] >> and my little brother was crying. >> reporter: a fudge cloud was twister approached granbury. >> all of a sudden, you can just -- things just started swirling. you can see stuff going all through the air. >> reporter: the sheriff's department here in hood counted has sent search crews to look for survivors. most people missing overnight have been loca

of course, frank and i have been practicing. we are ball dudes tomorrow for the giants. >> how do you practice? >> you take grounders and stuff. you practice! this is the real deal. >> all right. i'm going to be watching because i just want to see it. >> it could be quite the circus. >> tune in tomorrow. we have a little surprise for you tomorrow. >> okay. >> all right. >> i'll be here. >> okay. [ laughter ] >> you will. >>> well, the healing powers of music, how hospitals are using it to care for patients with serious injuries. >> and before we go to break, let's take a live look at the big board and another monster day on wall street up nearly 70 points. we'll be right back. depression. researchers at joh >>> a new study reveals a blood test can protect when a woman will suffer from postpartum depression. researchers at johns hopkins tested pregnant women, those with two specific genes shown to be at higherristsk. doctors plan to perform larger studies to confirm the studies of higher risk. >>> music may help patients in inten

dodd-frank.hat am i missing here? >> well, i think that the designations are still being reviewed. so to some extent, to the extent that there are nonbank designations in areas where we've not yet taken action, there's not yet a public record to review. if actions are taken, there will be a public record to review, and it will be very much substantiated by consistent analytics that get at the question of the scope of risk and the -- whether or not the risk would spread. and there's a great deal of attention being given to make certain that those questions are being asked in a systematic way. i think that as we, you know, we're in the early stages of implementing a lot of dodd-frank. this is a new, the financial stabilization oversight council is a new entity. bringing together part regulators to make decisions like this is something that is being exercised for the first time. so it's difficult of to have a long history of experience to go back on. but i can tell you that as chair of fsoc i am ver