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. >> reporter: you better not have anything to hide if you drive into freeport, new york. >> stolen license plate. >> reporter: chief miguel bermudez and his 95 officers track every vehicle with 27 fixed cameras that read license plates at all 11 entry points. >> whether it's a stolen >> reporter: if your plate shows up on a list of offenders, an alarm goes out to the entire police force. why would you want to be able to track people? >> we want to try to reduce crime. >> reporter: in fact, the police have made 28 arrests, including a murder suspect from norah norfolk, virginia. but the hits keep on coming and coming. mostly for suspended registrations. is that what you thought the system would mostly do when you got it? no. we were looking at-- at stolen crimes. >> reporter: after only three months, the freeport cameras have tracked 17 million plates in a village of 50,000. in exchange for the security, the police are drowning in data. overtime is way up. now the chief is asking state and federal governments for help. >> we currently have a force of 95 officers. we could use many more. >>

to handle the workload. >> reporter: you better not have anything to hide if you drive into freeport, new york. >> chief miguel bermuda and his 95 officers check every vehicle with 27 cameras that read license plate that all 11 entry points. if your plate shows up on a list of all vendors, and alarm goes out to the entire police force. why would >> to reduce crime. >> reporter: in fact there may 28 arrests. but the hits keep on coming, and coming , mostly for suspended registrations. is that what you thought the system would mostly do when you got it? >> no. we were looking at store vehicles or vehicles involved in crimes. >> reporter: after only three months the cameras had tracked 17 million plates in a village of 50,000. in exchange for security the police are drowning in data, over time is up, and the chief is asking state and federal government for help. the raiders do make mistakes. this one misread the hundred number on this truck for the plate of a stolen car. and there is a question of where all this information winds up. >> all of that is being stored somewhere, can be shared, sent t

, where the tokay -- tokyo nikkei fell preach shares in new york also lower as losses extending into the league, and the atmosphere at the freeporthange was particularly morbid. >> it is giving people the creeps. traders in the frankfurt stock exchange additionally where this at the time of year, but the recent stock decline is getting more and more gruesome. financial services stocks in particular are getting hammered. deutsche bank slid 4% along with another back. the banking crisis is back. actually, it never left the banks are continuing to suffer big declines. the low risk business just is not there like it was a number of years ago, and on top of that, they have to set aside large amounts of fort litigation. banks fear they have to raise more capital. in paris, also awash in red ink. banks stocks were not the only decliners. investors are losing confidence, and there is no white night -- knight in sight. >> the only way of being optimistic is because the fed and cb were there to help the market, but we are not so sure that this will be really helpful for the economy. reporter: it is no wonder that stock traders are becoming

new york police department found out, when they put nearly 30 cameras up around town. town. (hard buzz) machine: "stolen license plate."you'd better not have anything to hide if you drive in to freeport, new york.nat(nat)3359.. whether it's a stolen vehicle, an amber alert--chief miguel bermudez and his 9officers track every vehicle (graphic) -- with 27 fixed cameras that read license plates at all 11 entry points.if your plate shows up on a list of offenders, (beep) an alarm goes out to the entire police force.(anna 114347) why did you want to be able to track people? (chief) we want to reduce crime.in fact, the police have made 28 arrests, including a murder suspect from norfolk virginia.but the hits keep on coming... (nat) and coming... (nat)mostly for expired registrations (at show and tell board)3432 is that what you thought the system would we were looking at stolen vehilces or vehicles wanted in crimes. after only three months, the freeport cameras have tracked 17 million plates. in a village of 50,000.in exchange for (extreme?) security, the police are drowning in data. overtime is way up. now the chief is asking state and federal government for help 5137 we currently have a

new york city safer than it was. >> with a you like guiliani or not give credit where credit is due. before that we took freeport'snd watched crime go up and it took somebody saying we could do something about this. it doesn't have to be like this. you couldn't leave a brown paper bag in your car without somebody breaking into it to see what was in there. back then we had 40,000 cops, we had an army and they always knew we could do something about it but somebody had lead the charge. with the you like him or don't like him you have to give credit where credit is due and he showed something could be done and after that, mayors and police commissioners after that followed suit and they said new york city, some of the neighborhoods i used to working were war zones. was insane. one time my wife calls me up. i and my office working in the bronx and i am talking to her on the phone and she is complaining to me about the bill's, credit card bills and outside my office window bam bam bam, there's a drive-by shooting and the station house blocks, gunshots echoing through my office window. i am covering the phone, don't kno