foreseeable and hindsight foreseeable. that may sound like a non se-- number one, the plant was located about 110 miles from the intersection of two tech tonic plates, so-called ring of fire. the natural sight elevation originally a former imperial japanese air force base was actually lowered from its original elevation 35 meter high. it was lowered 25 meters to drop below ten meters, exposing the sight to the impact, increasing the tsunami risk, if you will. for a variety of reasons, the sea wall that was installed in and around fukushima was underdesigned for the tsunami that reached the shore there. the emergency disels that are the back up in case off site ac power is lost were placed in the basement of the turbine buildings facing the pacific ocean. you ask why were they placed in the turbine buildings in the basement? because they wanted to protect them from a seismic event. then some gaps in regulatory oversight. the sea pumps, in addition to the disel generators were located in a location below the level of a poten

it's very easy for us to say in hindsight japan should have been prepared. i think the japanese government should have been too hard on themselves. i think the japanese have actually have a lot of lessons we can learn. for example, i talked about individuals. we do fire drills, right? we're lucky if we do one a smaser. at the elementary school level or even the collegiate level. in japan, do you know they have monthly earthquake drills in many places? they do that because they see that as a high probability, high consequence event. we need to be prepared, whether it be the elementary school example of the public at large needs to understand that for the particular risk, they face, they need to be prepared for. some areas are well prepared. floridans are well prepared for hurricanes. why? because it happens almost every year. also, the florida government, the state of emergency is one of the best in the nation. why? because they also have disasters. major hurricanes frequently. get example of california. earthquakes. there's probably no better state or no ind

in hindsight or -- >> yeah, in hindsight. >> well, yeah. on that particular morning when the colonel calls you to the command post and the orders of day are we're going to move out. we know a portion of this unit is going to be air lifted out, and some of you guys are going to walk. aga again, i overlay my attachment mentali mentality. they're not going to fly with the stepchildren, so we assume that we would probably be one of the units that walked out. i think the concept was at the same time we had also established communications with my parent battalion. and there was some discussion of marrying up with that battalion at albany, and that was an assumption on my part, that we were going to go -- once we got to albany, we would be air lifted back to my battalion so we would marry up with my battalion. now after 40 years i understand one of the reasons that we walked out is because there was not enough air lift, helicopter lift support to fly everybody out. the months leading up to albany, there was lots of flying, and most of the helicopt

did he have hindsight in 2008? jpmorgan we have big losses, but we didn't understand what happened happened. the corrective action is protecting the interests. here is what bart had to say. >> do what's expected but really wa what we know they will do is only what's inspected. we need to put the meat on the bones of dodd-frank. two-thirds of the regulations aren't in place. >> writing the rules is a big step now, but it's going to take courage. >> sure. there's one with courage right there. they don't have enough votes. even when you write those rules, it's not enough. it's not a four letter word. let's make sure we have proper regulation to make sure the biggest financial institutions cannot be involved in casion gambling and that's what they are doing. >> there's a moral component too. you're putting people's retirements and a lot of things at risk with no protection. >> that's right. if you care about a country that provides opportunity and economic growth for the american people in the years ahead, we can't con

is easy in hindsight, of course it is.ut first of all, who's going to allocate resources to that low probability event? when you think, by definition, it is unlikely that it would happen. the probability isn't zero. that is the tough part. we could say that we don't need to allocate resources. but what if the probability is one in a hundred or one in a hundred thousand? is a policymaker, how would one allocate those resources? this is the challenge we face in the united states for years. something we call homeland security. homeland security grants, for example, something i know about, it was controversial when we started this program when dhs was created. giving money to states and local governments to prepare for disasters. how do you decide which state to give more money to? is a high population? in other words, do you give it on a per capita basis? or does every state deserve a certain amount enact does north dakota deserve the same amount as an interstate? it is very controversial. eventually we came to a solution. to

in hindsight, and to an outside observer, it is almost inconceivable that this man claimed support. >as not only above suspicion, he was actually getting financial help from the state. the fact was that nobody, neighbors or social services, thought there was anything wrong. >> translator: in the world upstairs, everybody who knew them said so, everything seemed right. the children went to school. they did their homework properly. they were brought up strictly by this father. and so after sometime, people would have said, this is an honorable man. he may be strict, but as we say in austria that strictness never hurt anybody. so all this certainly played a part. >> coming up, did others know about fritzl's cellar? >> at some point, did she know about and buy into some aspect of this? could she have been completely ignorant of the husband's nature and character? >> when "the longest night" returns. ♪ athing intelligence teaching data how to do more for business. [ beeping ] in here, data knows what to do. because the network finds it and tailors it across all the right points, automating

may have been the wrong strategy, strategy of bipartisanship may have been the wrong strategy in hindsight but once i did like to pressure on is how much should the obama administration have known in advance that this would've been the wrong strategy? because you know, i think one needs to make a distinction between strategies, looking forward even if one may not come even if optimal strategies looking forward may turn out to have been the wrong strategy looking backwards in hindsight. because, for example, in general one could always have unexpected events emerge that make the originally optimal strategy the wrong strategy, and of course the most obvious thing here is the emergence of the tea party movement and the dramatic changes in congress that happened with midterm elections. so wondering if you could speak about that. i think the critique seems more much stronger that you are making if you can point to things that the obama administration should have seen an advance that would've indicated this is the wrong strategy looking for as opposed to just hang in hindsight it was the wrong s

. >> in hindsight the new strategy was flawed, complex, poorly reviewed poorly upon forked.re not in a business where we're not going to make mistakes. we're going to make mistakes. we've always said that. this one we put in the egregious category. even hindsight is not "20/20" but obviously we should have paid more attention to it. >> i plays into the hands of a bunch of pundits but that's life life. >> eliot: that gives me a lot of converse in the way he runs that bank. dimon has the wash dog of who was supposed to keep 2008 from happening again. i quote, the argument that financial institutions do not need the new rules to help them avoid the irresponsible actions that led to the crisis of 2008 is at least $2 billion hard for make today. the sec sec always late to the game and other regulators say they're investigating the bank for possible civil violations. we'll hear from them in a decade or so from now. and while dimon insists that jp morgan chase is very strong, he hedged when other banks might be making the same mistakes. >> would this be a jp morgan-specific issue o

in hindsight, it seems simple.n addition to the media and what made the two disasters different is, what has changed since 2005? we have something called social media. that made a huge difference. social media, for better or for worse, provided real-time information to everybody at the same time. the government found out at the same time the public did, but the good news is, they had information. >> even elements like the national guard, people are looking for ways to get communications back up in an emergency. whether they are temporary cell towers, the temporary internet connectivity, everybody understands how valuable communication can be in those situations, even if it is out of the control of the government. but it is not easy in a situation like we had in katrina where everything was gone. there is lots of effort being thrown at try to fix that problem so the next time one of our countries has a disaster like this we have the means to jump in there and get things back up as quickly as possible. another questi

>> we don't have the great benefit of hindsight. what i think -- this is the way i think about it.we reported a true story. many questions about george bush was he awol? did he disappear if you're a soldier today and walk off the base for a couple days you have tok accountable and have to pay consequences. we reported a true story. that's the reason i'm no longer at cbs news. those who found the story uncomfortable for their partisan political purposes attacked us at what they knew to be the weakest point which was this documents. >> do you believe those documents? >> i do. i believered ever since and believe it to this day. the longer we go and nobody comes forward with proof that the documents were not what they report to be, the more i believe it. now, it's fair to say well dan, i don't think you proved the documents. but we're off in the weeds now. in the big picture, what was our job? our job was to get as close to the truth as we possibly could do. that we did. we reported a true story. everything in the documents checked out. it's true. these questions about how did he get i

it is not in do not think it is an issue for us to have considered more seriously but hindsight is 20-20 and i think at this point, it is awkward for us to make a proposal to move treasure island into district 3. i do think that in the future, our successors 10 years from now, this does represent to me an intriguing possibility for a future task force to consider as one possibility for moving population to balance out the imbalance that may exist at that time between the southern part of the city and the northern part of the city. i am comfortable leaving it at that and therefore would not support the proposal at this time. commissioner schreiber: thank you. my point of view is starting off with a significant change solely for the purpose of population -- unless there is an overriding reason to who make the change which donohue -- based on comments. the only testimony we have had consistent with respect to treasure island is the community that shares of with six rather than three. we have heard that from the supervisor and other community organizations. i would not supported at this t

>>judge napolitano: very premature and if hindsight she shouldn't have.e juror leaves or becomes incapacitated, they will have to bring back one of the alternates and the 11 who deliberated and the one who will join them must begin anew from the beginning as if no deliberation had occurred and start automatic over again. that is a matter that she really hopes doesn't happen because that is ripe for a mistrial or reversal on conviction. >>megyn: we believe that john edwards is still inside the courthouse. can i get your take, judge, with a minute left if the show, your take on what the trial was about and where we stand, really, today. >>judge napolitano: the trial was about whether john edwards is a good person or a bad person. he is a bad person. he is a bum. he is morale reprehensible but why think he should have been indicted for the crimes. the law was not written to cover this scenario, and he should not be a defendant at this time. if he is convicted, it will be because the government succeeded in painting him as utterly unworthy of respect and wort

in hindsight, it looks as if the new spike in demand for ivory resulting poaching crisis was exacerbateded by the decision in 2008 to allow the sale to china of illegal ivory. this seems to have stimulated demand as we predicted might be the case. it doesn't seem to be problematic for these consumers to buy ivory, if some is legal and some isn't, it creates confusion. i visited china in october, to learn how the chinese regarded their own elephants. the last of the wild elephants are still harpooned out in the forest. i learned that the chinese highly value their own wild elephants and they're strictly protected. if china would develop a leadership role in africa as will as in her own country with respect to elephants, much of the problem could be solved. if the buying stops, the killing can too. so for the first time in history, continental africa was largely the chinese living in africa and individually shipping out ivory. there's more disposable income in china today than the history of ivory being a luxury commodity. the ivory trade controls internally and china had broken down. in oth

. >> with 20/20 hindsight i know that actions we took that day were wrong.well intended but wrong. >> reporter: a series of reform measures are set to take effect in february 2013. >>> in a historic vote today northern california presbyterian leaders stripped with their church. last year the presbyterian church voted to sensure spar. >>> speeding up the buses, something that is now illegal may actually be the solution. >> and state lawmakers take their first crack at governor brown's new spending plan. the tough questions they had for his finance team. >> back here in just 10 minutes, we have a small forecast a bit warmer for your neighborhood. >>> the state has placed oikos university nursing program on -- regulators say they were concerned about the school before a man shot and killed seven people last month. >>> the state took heat for the governor's revised budget plan. >> what are you doing differently now so we're not ensuring that we're back next year in the same hole? >> all i can say is that as a department we're using our best judgment and using th

. >> in hindsight, what do you think he was doing? >> i think he was telling me he smelled something foreign in me. >> then carol says floyd henry nudged against her right breast. >> then looked at me strange in his face. i said what's wrong? and he pushed again and he pushed real hard and i said that hurt. when he pushed against it, i felt it and said there's a little thing there. and it was a little thing. but that little thing turned out to be about the size of a baseball. so he was letting me know, let's just get it out. >> he was right. she had stage 3 breast cancer. >> you knew? >> yeah, i knew the minute he took his foot to pull whatever was in me out. >> stories like floyd henry's have cancer researchers wondering what a dog's nose knows. they are studying whether dogs can detect illness. he has grown gray in the muzzle and moves slowly these days, but floyd henry is carol's miracle man. >> with him having gone through this, it's such a trust. we just have a remarkable relationship. >> a new reason that makes sure your kids ea

. >> in hindsight the new strategy was flawed, complex, poorly reviewed, poorly executed and poorly monitored. >> reporter: the giant loss came from a trading portfolio of complex derivatives. one trader known as the london whale designed it from the uk office. the idea was to balance risk but the strategy backfired. the news sent shares of jpmorgan chase sharply lowered. bank stocks dropped in both europe and the u.s. the office that managed jpmorgan's losing portfolio was betting that the economic recovery would continue so last month's market volatility was a disaster for the investment. dimon says the bank remains profitable but admitting the mistake was egregious. >> the portfolio has proven to be riskier, more volatile and less effective an economic hedge than we thought. >> reporter: dimon said the bank is learning from the mistake and will fix it but admitted it's a major embarrassment. jpmorgan's blunldzer has attracted the attention of the securities and exchange commission and fueling new debate on whether wall street need as much tougher crackdown. alexis christoforous, cbs news,

they were held three three at home in a thriller with no rage you'll see benayoun in some of the hindsight after seventy seconds but goals from the west who have gone home gave the visitors the lead to second goals in eight minutes from the political robin van persie put also no three so you are substitute stephen morrison thank you it's sort of point shared also witnessing for their champions league fate now to their own. so on sunday talking them could leap frog also into service they would at struggling aston villa while at the bottom of the third bottom bolton post west brom to his manager boyd is banned for england possibly keeping off a stoke take on sunderland manchester united even to keep up the pressure and need a city as they welcome a small easy in the late game stop city go to champions league chasing newcastle knowing their fate is in their own hands. these giants. do i think that is very important because. you want to say that we are free to war if. you can we don't know but if you get your answer is because the guys that want to they really were. bred for abuse. who in the

. >> i want to talk about google and a lot of people have talked about the hindsight being 20/20 they missed out on that model when it went public and they're using that as the reason why they want to be involved in the public -- the ground floor, that is, of facebook. those two don't add up if we look at the long-term projections of what those companies can do and the profits they can turn, correct? evelyn,dy lose --dy lose you? can you hear me? looks like we lost evelyn. jon, let me phrase that question to you about the fact that so many people had regrets about not getting in with google and using that as a reason, hindsight being 20/20 to want to be in with facebook. but the two business models don't match up, do they? >> they don't. keep in mind, when google went public, it was at about a quarter of the total value, the total company price that facebook is going public. and google's model is different from facebook. how google makes money, you do a search. if you're looking for bathroom towels, information on bathroom towels, they'll show you an ad on bathroom towels. they know i

. >> in hindsight, bad strategy, bad execution, obviously the environment. these are mark to market positions. i don't want to make excuses and start talking about market and dislocation stuff because that's just an excuse. >> dimon has been a vocal critic of the volcker rule. we spoke to him in davos and he said you you need a psychiatrist to figure out what the sbents of the sbents of the trades are. here's what he said last night. >> we do believe you need on have the ability to hedge and that volcker allows that. this trading violates the dimon principle. >> and jamie dimon conceded that those losses were linked to a "wall street journal" report last month about a trader that had been nicknamed the london whale. the trader amassed an outsized position which hedge funds bet against. last month dimon called the coverage a complete tempest in a teapot. as for whether jpmorgan -- this becomes a broader issue for other banks, here's what jamie had to say. >> would this be a jpmorgan specific issue or is there a chance that others also have some losses on simi

those are all things that you think about in hindsight. >> stthis is what you thought about over the years? >> this is what i thought about over the years. for a number of years until joe wrote this book. until joe and hal wrote this book, i would not, first of all, be able to do this interview, nor would i have been able to sit down and talk to anybody about it. when you first called me, i said, you obviously have the wrong guy because i do not want to talk about what happened to me in vietnam. in a lot of ways i'm still reluctant to do it. for a lot of the guys that you will interview here -- this is not a criticism. for a lot of the guys that you will interview here, this is their life. they are locked here. they are -- i can do this once a year or maybe twice, but after that it is really hard for me to sit down and have discussions. everybody keeps telling me, you need to think about what if you hadn't done -- what about all the guys -- i mean, like last night. i'm in this room with a bunch of guys and their wives and their children and their grandchildren and whatever. not that

but what people are -- many people are now doing is looking at those events with the benefit of hindsight, including the failure to find any weapons of mass destruction. and the awful aftermath, the chaos of the aftermath, after the fall of saddam. but if you're looking forward, it was actually very different circumstances and bear in mind that the whole international community had said in resolution 1441 that saddam posed a threat to international peace and security. 1441 as far as i was concerned and the british government was concerned, that had authorized military action if there were a material breach by saddam, which we believed and still believe there was. so there was a huge weight of international opinion as well as opinion here in favor of it. in europe, half the member states of the european union were in favor in military action. a number of those put troops in. so this wasn't what is now presented as sort of an evil minority activity at all. there was a very large consensus behind it. and it's also just -- sir, if i can just mention this. bearing in mind that the conservative

in the stagflation of the 1970s, hindsight indicates that monetary policymakers overestimated potential growth and did not tighten soon enough to avoid the acceleration of inflation at the end to have decade. in the '9 0z when i was at the fed, we faced a happier version of the same uncertainty. we had unemployment that was very low, but no inflation. we held off tightening in the presumption which proved correct that accelerating productivity growth had raised potential growth and reduced the risk of inflation. partly thanks to the fed we had a very good decade in the 90s. we also balanced the budget. the sooner we get back to those conditions, the better. but the late 90s also illustrated the inadequatesy of the fed's tool kit in response to asset price bubbles. the dot-com double, if the fed ratzed the interest rates it would have tipped the economy into recession punishing workers and companies for no good reason. influencing the funds rate is not an effective way of calming an asset price bubble. we learned that lesson again in the early 2000s. while we should not have needed a cat

. >> reporter: in hindsight, what do you think he was doing? >> i think he was telling me that he smelled something foreign in me. >> reporter: then carol says floyd henry judged against her rite breast and looked at me strange. i said what's wrong? and he pushed again and he pushed real hard and i said doggone it that hurt. when he pushed against, it i felt it and you said there is a little thing there. it was a little thing. but that little thing turned out to be about the size of a bookmobile. >> reporter: he was right. she had stage three breast cancer. you knew. >> the minute he took his foot to pull whatever was in me out. >> reporter: stories like this have researchers wondering what i dog's nose knows. they are studying whether they can detect lung cancer from breast samples. he has grown a little gray in the muzzle and moves a little more slowly these days but floyd henry is carol's miracle man. >> with him and having gone through this, it is such a trust. we have a remarkable relationship. >> especially now. floyd henry going to get a

. >> now understanding it's 56 years later and you have the benefit of hindsight, let's go back to your young self and for history sake in this conference you have to answer the question of were you frightened? >> sure, i was fright new england. >> now there's a situation that now all these troops are up to protect. >> you we weren't frightened. we were frightened on the side of the unknown. when the governor called out the national guard to keep us out, yeah, we were frightened, and -- and the unknown was, you know, will i complete school that year? i didn't know whether it was going to collapse on me, but when president eisenhower sent the troops, i mean, that sent one hell of a message. the most difficult times for us is when we withdrew the troops from his side, and then we had to deal with students and harassment and the throwing of food and cursing and locker room being steamed up and glass being broken, and, you know, i mean, but, again, it came -- something in the back of my head said, you know, if they want to fight this hard to keep you out, something else is going on here. >>

that mindset at the time i'm looking back on it this is what history is about it's if history isn't hindsight well the hell is it but yeah they were wrigley islands were a god it is an inconvenience why was that when they see costly you know how trendy this country is and ever and charges off in one direction at one time. and now off to being all full of the empire and all the rest and it was all we all we must get rid of all traces of the empire to prove what a modern with its country. it's tedious as hell but it continues you know right now where we are all. we're just coming off that we must stick to uncle sam's bleep with both teeth in both lips but. it just it just goes in trends at that time the big thing was oh well we must shed our imperial past and then everyone is going to like us again. looking the fact that people's memories go a long long long way back and just because you aren't any longer in. doesn't mean people don't remember what you did when you were the anjan times invaded because they were more or less told by british officials that all that. britain would do would be to y

in hindsight, i look back at that and realize that it had much more of an impact on me than i knew at the time. i knew when i carried out the last execution that i would not do it again. i got very sick after that execution, but that is what it was like for me. i practiced what i call servant leadership. i would get home at about 2:00 in the morning and find it difficult to do anything but pace in my house with everybody else is asleep and return to the prison as early as 6:30 or 7:00 the next morning to check on everyone, and that is how i handled it -- pace in my house with everybody asleep. >> describe a situation where you would bring felony charges against a prosecutor for job- related conduct. >> if we had evidence that a prosecutor has engaged in felonious conduct, we would evaluate the evidence. it is what we would do in any other case. we determine the level of the conduct, the quality of the evidence, whether the evidence will be admissible in court in order to meet our burden of proof, which is the element of reasonable doubt. then we would probably prosecute a prosecutor o