how about basel iii? you know, are you saying that the volcker rule and basel iii are unnecessary, they're this some ways basel iii accomplishes what the volcker rule's attempting to accomplish? >> yes, congressman, i do. i think the issue currently with basel iii is the current implementation plan is 2018 globally. i would contend that that should be accelerated and sped up. and it will, i believe, meet certainly all the checks and balances on the financial system. >> i don't know the details, but doesn't basel ii and iii essentially deal with capital requirements? >> it does, but it takes it to another level. it focuses not just on increasing trading book capital. one of the negatives, i will admit, is that it penalizes or applies more capital to support, um, market-making trading activities in a lower rate of securities. so where i do have an issue with someone else stepping up and supporting markets is in smaller, lower-rated companies. i think that will end up being a bit of the black hole in the mar

by the way, i have been on the richard iii diet. >> rose: what is that?e dropped 20 pounds doing this play because it is an insane workout every might. >> rose: i ask seriously people this because we do a series of conversations here called why shakespeare, just because i am asking a locker room question, what is it about shakespeare for you that makes you want to go back and back and back and back? >> well, first of all, his extraordinary ability to understand human beings, and everythi that we experience, love and hate and jealousy and the need for power and the beauty and the poetry of the way in which he saw things, and always because his characters are in the middle of the problem, you know, her in the middle of trying to solve something, so many of shakespeare's characteristics are so active, characters, tively tryg to deal with this thing we call life, and because to some degree it does often feel like it is a different language but it almost doesn't matter, i mean that is what i have experienced going to all of these cities around the world whethe

. -- robert richardson iii. he waived his right to a preliminary hearing. >> he has fallen through the cracks for too long. >> they know he is accused of shooting and killing his 58- year-old father robert richardson jr. on january 9, and taking the body to gilbert wrote in aberdeen and dumping the body behind a row letters home in a pond, and then driving into a cinder block wall at a church. the mother believes he was reacting to a situation that had gone terribly wrong. the facebook page was set up by one of the students who knows him. it is on this page that supporters are seeking assistance, including financial, for the 16-year-old who is represented by a public defender. >> he is a kid. he should not be charged as an adult. we want to raise money for anyone who supports him, to help us to hire a private attorney. >> we are bellaire winning and we want to help this little boy who does not have anybody. his mom died when he was in elementary school. he has got nobody. i would expect the same for my kids. >>

doesn't work. >> reporter: and so ernest scherer iii was found guilty.wo counts of first-degree murder, two consecutive life sentences, no parole. his sister katherine, daughter of the victims, spoke publicly for the first time outside the courtroom. >> hard to have to talk about my parents and the loss. they're no longer with me at all. it does tear me up. >> do you feel justice was served? >> i don't know. it's hard. it's hard to admit that anybody could do something like that. >> reporter: and adrienne solomon, the one-time teacher of the flying trapeze, the woman who thought she had learned a thing or two about reading people, still wonders why she just didn't see it. >> i don't trust my judgment and i don't trust other people are telling the truth. and that's hard. >> i wonder if you'll ever get that back. >> i don't know. i'm sure over time -- everything's been getting better. but i'm still not ready to be trusting of everyone so easily. >> that's all for this edition of "dateline."

ernest shearer iii would turn 30 in july. and his parents were killed in march. >> reporter: ernie's father had a couple million invested in real estate, though at the time of his death, the value of the estate was certainly shrinking right along with housing prices. still, was it even remotely possible ernie would kill his parents to cash in on an inheritance? the detectives had a look at ernie's financial situation. and you know how some professional poker players claim they win a lot? maybe not. at least not in ernie's case. >> we learned that he had 60 some odd thousand dollars in credit card debt. and he also, in talking with different casinos, he lost a significant amount of money in the tune of $80,000 or $90,000 in his play in the last year. >> reporter: though but that was not the worst of it. not even close. by march of 2008 when the murders happened, real estate in california was huffing and puffing on its race to the bottom, and six months before that, ernie, the son, wanted to buy a house in the city of breya in

how do you plan to resolve the divergent approaches of small banks taken by dodd/frank and basel iii and have you gotten into that yet? and would you give your views on basel iii, including whether it effectively prevents another economic crisis, and prevents banks from being undercapitalized? you know the whole thrust is for banks to have more capital, which makes sense to me. and also to have liquidity. which makes a heck of a lot of sense. >> i do think that the recapitalization of the banks, and the provisions that we've made domestically here in the united states, as well as what basel is trying to accomplish are healthy to the overall system. the american banks now have more capital that they're keeping on hand than european banks, by comparison, for example. >> well, perhaps not enough, huh? >> well, that's a hard thing to measure in the abstract, and people are working on it. i'm now a member, as you said, of the fdic board. i have great colleagues on that board. they've been working with me to get up to speed on these issues. i also happen to be fortunate because the deputy

. >> reporter: it was robert richardson iii east sister who call the police to say her brother had shot and killed their path .e investigators say 16-year-old robert richardson iii confess today killing his father and then dumping him in the pond. police were called to the home on monday night. >> and what they found indicated somebody had been shot. >> and police started a man hunt for teen. he was spotted on the road. >> he turned into the parking lot and didn't make it. >> here in the parking of of this church, richardson crashed his car. but, they caught up. >> it wasn't a normal situation. we heard a lot of screaming. >> neighbors tell us they worried the father maybe abusing the teens. >> he would be working at something in the yard and just screaming. and verbally abusive. >> we got police records showing a dozen calls to the home 234 just the--in just the past six month. >> it is sick. >> we just hope and pray that things are not going on in people's homes like that. >> reporter: and richardson is a student in the high school. he was going to face agog tomorrow. --face a judge t

oh, dear >> clark: verdell jones iii, and that's a blocked shot by amir williams. he's got promising potential. not quite ready to play big minutes yet but when he has played in spots, he's shown some promise, and that will do it, partner. the buckeyes with a very convincing home win. >> verne: zeller winds up with 16, our final score 80-63. tom crean and thad matta exchange handshakes. for clark kellogg, verne lundquist saying so long from columbus, ohio. 80-63. captioning by captionmax www.captionmax.com >>> this is 9 news now. >>> hello, i'm bruce johnson. the search is on for a howard university freshman who has been missing nearly a week now. authorities not ruled out anything in the disappearance of arianna carr including foul play. surae chinn talked with family, friends and campus police. >> i'm devastated. you want to do everything that you possibly can to help. reporter: erin horne montgomery a family friend is desperate to find 17-year-old arianna carr. mom says her daughter left her oakland, california, home last saturday and was last seen on campus at

a flight risk. >> they came to district court to show their support for robert richardson iii. his half sister and mother read over the court charging document and the police report. the sister called some of these statements are untrue. the charging document describes how an anonymous caller contacted -- contacted the deputies saying a relative had shot their father. in court, richardson appeared on a video monitor for his bail review. he calmly listed to the charges against him that included first and second degree murder. he is accused of using a hand gun to shoot and kill his father at their home in bel air. he is also accused of dragging the body and transporting it to aberdeen and dumping it in upon the. sheriff's deputies said they found the body partially submerged in the pond. during the bill review, the judge asked if richardson had received a copy of the charges. he replied, i signed a lot of papers. i am not sure i received a copy of charges. a public defender is representing him. the judge said he would remain on a no bond status because of the seriousness of the c

robert richardson iii was held without bail. >> deputies tell us that there was a handgun used in the border. they also tell us robert richardson is charged with first and second degree murder and also a weapons violation. sheriff's deputies and a crime scene investigators remained dry much of tuesday morning as they continued collecting evidence. robert richardson iii is charged with shooting and killing his father and a dumping the body appeared >> he did talk to police and led police know where he disposed of the body pure >> the team confessed to killing his father, robert richardson, jr. a family member had shot their father. deputies arrived and had noticed blood on the ground a pure >> what they found was some evidence outside that looked like a blood. it gave the impression something had happened there. they looked inside the home and saw nobody there. they found some evidence that gave the impression that somebody had been shot inside the home. >> the evidence according to a police report included blood stains in the bedroom. around 6:00 on tuesday morning, a state trooper sp

how about basel iii? are you saying that the volcker rule and basel iii are unnecessary?they're in some way basel iii accomplishes what the volcker rule is attempting to accomplish? >> yes, congressman. i do. i think the issue currently with basel iii is the current complimentation plan is 2018 globally. i would contend that should be accelerated and sped up and it will, i believe, meet certainly all the checks and balances on the financial system. >> i don't know the details but doesn't basel ii and iii deal with capital requirements? >> it does. but it takes it to another level. it focuses not just on increasing trading book capital. one of the negatives i will admit is that it penalizes our applies more capital to support market-making trading activities in lower rated securities. where i do have an issue with someone else stepping up in supporting markets is in smaller lower-rated companies. i think that will end up being a bit of a black hole market that should concern the members. >> so unless there's somebody else who has a better idea, please, quickly. >> in my wr

robert griffin iii holding up his jersey in april. he informed the baylor coaches of his plans today. he could go as high as second to. if that happens it will mark the first time quarterbacks go in the first two picks of the draft since 1999. whether you like him or not you have to give the baseball commissioner props for his staying power. they may measure his era and-- he planned to retire after the 2012 season. he now will receive a two your contract extension past that time. he has served as commissioner or acting commissioner since 1992. he has carved up "the living earning a living of more than $20 million a year. prior to the arrival of 10 tivo -- tim tebow in the nfl, -- he had to pay up on his bat for the mayor of denver for his what call -- wild-card loss to denver. you can practically read his thoughts, why, god, did i agree to this matter? stick [ male announcer ] get ready for some deli-style delic-ious-ity: the subway big hot pastrami melt. dive into piled-high pastrami, spicy mustard, pickles and melt-a-licious cheese.

and when you see a guy like robert griffin iii? >> yes. definitely. he is a guy who has the it fact to. he is athletic, big, strong arm. i hit it the most important part of all is he is very educated, smart guy. you hear him talk on tv, he is very ma temperature he is be a good person to get here pause he will be able to transition well and deal wall the pressures from the media and fan base. >> he can handle it. >> he can handle it. >> he is a very mature kid. you can hear it when he speaks and he has a good foundation with his family. >> i'm with you. i would love to see rg iii here. >> and talking about the nfl playoffs, you will see the game here on fox. >> as long as eli continues to play like that and they have people who can take the ball, you know, getting cut backs, getting osi guy i know your boy aaron is a cal guy. so, do you route for him. right. we came out playing tocialghts two years in cal. he is phenomenal. he is having an m.v.p. year. he has phenomenal weapons on offense. tim tebow, as a guy in this league, a defensive player, do you

that is why i am going to ask you to turn with me to rahman iii -- roman iii. the scripture is what we call the constitution of our faith. it is the constitution, just like the american constitution is a constitution of our nation, it lays out for us what this nation is about and what this nation will accomplish. the book of romance does the same thing in the word of god. it rose -- it lays out for us what our faith is about. turn to 23. this tells us something about ourselves. it says, this righteousness from god comes through faith in jesus christ to all who believe in jesus christ. there is no difference, for all have sinned. that is every person. remember, going back to genesis i, that was the creator. he created heaven and earth, but that means that he created everything in the earth, as well. that is all of us. all of mankind. when we talk about all, that is all of mankind. let us go back to that. there is the difference, for all have since. let me ask you, who in the service could? no one wants to go in that column? no one wants to admit it. after last n

joe kennedy, iii is forming an exploratory committee to replace barney frank from massachusetts who is retiring. the 31-year-old kennedy is the son of former representative joseph p. kennedy, ii, and a grandson of the late robert f. kennedy. it marked the first time in 63 years there was not a kennedy serving in elected office in washington. >>> at least 10 people are being treated for injuries they received in this massive pileup today. 40 vehicles were involved in a crash near port arthur, texas. that's about 90 miles east of houston. local news reports say fog and smoke from nearby wildfires may have caused this chain reaction. what a mess. >> looks nice now, but often the case is it's always clear when you have fog developing and it burns off into a very nice day. >> none of those problems today here. >> we have very few problems. >> i know you don't like it. we are not complaining. >> we like a little bit of snow. topper, i would like a little bit of snow. >> on a weekend maybe, 3 inches. >> not much. >> my dad said his favorite kind of snow stuck to the grass and trees but not th

clark, iii. -- roger k. clark, iii. police found carl diener's body in a straight in a clarendon neighborhood. it took a year and a half to make an arrest. clark will be sentenced in april. >>> see if you recognize this man, 76-year-old john mawkins, who was last seen leaving his house in temple hills last night and hasn't been seen since. hawkins was driving a 2005 green chrysler 300 like this one with a maryland license plate of the letter a and numbers 056455. if you've seen john hawkins or his car, please call police. >>> a 4-year-old boy is blamed for starting a fire in waldorf. investigators say the child was playing with a lighter when he lit a mattress on fire tuesday and the flames spread from the bedroom causing major damage to a duplex there. nobody was seriously hurt, but the fire spread to the home next-door where neighbors say they barely got out in time. >> a lot of smoke and it was hard to breathe and i was trying to run. we have five animals. i was trying to run and get the animals out so they wouldn't

baylor quarterback robert griffin iii decided to go pro.re does that leave the skins and the sixth pick in their upcoming draft? griffin is a projected top 10 pick for sure, most likely the second quarterback in the upcoming draft behind stanford's andrew luck. st. louis rams have the second pick. they also have sam bradford. the theory is the rams could be a willing trade partner at the two spot to trade the pick. the redskins appear to be in prime position to make a deal. >>> this year's nationwide tour golf event will have a new venue. the media skids championship will be played october 1 through 7 at the tpc potomac. university of maryland previously hosted the event. nationwide tour president bill caffay a maryland grad. we asked gary his thoughts on the new venue. >> to go to a place like this for the players and fans and it's just going to make it better and it was good at the university of maryland. they did a great job of getting this thing kind of off to another level and now is a chant to do some things here. so -- chance to do s

would you draft rg, iii?ybe get a guy like blackmon and add another piece to the offensive line and solidify that offensive threat. >> playing good gm, i love it. probowl alternate teammate london fletcher, he had a phenomenal season, led the nfl with 166 tackles, he's going to be a free agent this yoof season, how important is it for the team to resign him. >> number one priority on defense. what he does on the field and off the field transcends what anybody else does. he's our leader. guys lay on him, he creates the emotional advantage for us, psychological. what he does day in and day out, it can't even be said. we need to get him back, sign him back, give him whatever he wants. he's playing at the top of his game right now. leading the league at 36, 14 years in, who does that. they want to call him old, he keeps defining it, we need a guy like that in the locker room. >> i think everyone wants to see london fletcher back here. i would like to hear his ideas on the quarterback situation. that seemed to mak

robert griffin iii? he is one step closer.orts headlines straight ahead after the break. o, progresso. it fits! fantastic! ring, ring. progresso. they fit! awesome. thank you. [ man ] ring, ring. pro-gresso. they fit! okay-y... okay? you don't understand. i've been eating progresso because there's... 40 flavors 100 calories or less and now my favorite old jeans...fit. okay. is there a woman i can talk to? [ female announcer ] tell your story at progressosoup.com for the chance to win an ultimate makeover in hollywood. >>> in sports this morning, the wizards mix things up benching andre blatch. the wiz up by six in the first quarter. they take it for the slam. d.c. would have a 12-point lead at the break. now, we go to the third where blatch to singleton for the lay- in. they each had nine points for the game. the wizards finally win this one 93en 78. they are now 1-# on the season. john wall had eight points and nine assists. >> it is a process for me and everybody else. tonight, we make shots, the other day we didn't make sho

they began searching for richardson iii in the car. they spotted him. richardson's vehicle crashed between 94 and lynwood wood. the body of the senior richardson was found behind the relative's home. robert richardson iii is being charged as an adult, with first- degree murder and second-degree murder, plus a handgun charge. richardson is being held at the harford county detention center, awaiting an appearance before the district court. >> we'll have the latest on this story coming up at 5:00 and 6:00. >>> there is a new twist in the florida a&m hazing investigation. mark strausman reports, the parents of a student beaten to death in november are telling us something we never knew about him. >> getting rid of the haze is important. >> reporter: robert and pam champion, we're seeing for the first time, the hotel parking lot where their son died after a hazing ritual. robert champion jr. was a drum major in a&m's famed marching band. and apparently pummeled by his band mate. >> there's no way around it. it was wrong. >> reporter: last november 14th, cham

john lucas iii scored a career high 25 points for chicago.ordan crawford led washington with 14 points. the wizards fall to 1-9 on the season. >>> in college basketball, the maryland terps picked up their first acc win of the season. they beat wake for effort 70- 64. they are now 11-4 overall, 1-1 in the acc. >>> we have a programming note to pass along. sunday, the term can be seen on my 206789 they face georgia tech in an acc tt

teams captain joined me on fox morning news about the possibility of selecting one, robert griffin iii. >> he's one of those guys that have the it factor. i said, you have to have a qb that has the it factor. strong arm, and i think the most important part is he is educated, smart guy. you hear him talk on tv, very mature. he will be a good person to get here. because he will transition well and be able to deal with the pressures from the media, you know, the fan base. he can handle it. >> when we return, hoyas, could gtown get over a hurdle? we're back in a flash.  plan.  >>> welcome back to the washington area nissan dealer's sports extra. >> welcome back to the show. so far this season, it's been a dream won for the georgetown hoyas with little national expectations, what they have done so far, move all the way into the top ten. but today, a tough in conference test on the road at west virginia. never an easy place to play. as a matter of fact, they lost four straight. first half, mountaineers going to go inside to kevin joan and jones and he

at least that's what john thompson iii says.in that small town that jt iii found his diamond in the rough. >> he's the most prepared freshman that i've ever coached. i'm not necessarily saying he's the best, but just understanding competing at this level, understanding how hard you have to work, understanding the commitment that goes into being a successful player. reporter: porter's success comes as no surprise. his father, three uncles and mother all won state championships at scott county central high school before he grabs three titles himself. consider basketball a lifestyle in the porterhouse hold. >> i talk about basketball every day. that's something i have fun doing and we love to do. >> he played a lot of ball against a lot of good competition right in that small town because a lot of people in his family played as a youngster. he grew up playing against men. reporter: from small town ball to the big city lights porter now plays for one of d.c.'s most storied programs. as a freshmen he's leading georgetown in rebounds

iii, on the road. the lane and the foul. the lead is down to 5. can the hoyas complete the comeback? >>. no the freshman gets at it a little late. georgetown was late all day in this one. pittsburgh is now 12-0 lifetime in that building against top 10 opponents the reason i was going crazy, the ufc on fox for the second time after. and what a night it was. three fights here being seen. mr. wonderful davis against sugar rashard evan. this was all sugar all the time, did the majority of the damage all the time. watch this. he gets him down on the ground and that's what they call a crucifix. evans takes out mr. wonderful who was at penn state, with the arm raised right there he will now go on to fight for the title against a guy named john bones jones. and in the undercard, the winner will go to fight the best fighter in the ufc. and he is quite a character when he does his post-fight interview with joe rogan. it was very comical. >> docile ver have a nickname? >> the spider. he is the spider. he crawls around a little bit. >> and the crucifix transi

. >> this case has plenty of people asking what they can do to help support robert richardson iii. and many are communicating on social media. that is what has put those bellaire mothers into action. >> it breaks my heart. he is just a kid. >> determined to help, four bellaire women came to district court morning to find out more about the murder case against robert richardson iii. after telling the judge he was a 16-year-old freshman in high school, he waived his right to a preliminary hearing. >> he is skinny as a rail. and everybody that knows him says he is quite in a good kid, very polite. >> several of them have been following it case in the news. they know he is accused of shooting his 58-year-old father, robert richardson jr., on january 9, and taking the body and dumping it in a pond behind a relative's road. -- home. he is then a budget -- he and then allegedly crashed the suv into a church. >> we just want to do the right thing for the boy that has been falling through the cracks for too long. >> the mother's facebook page, on this page, supporters are seeking all kinds

his son martin luther king iii his wife, and young daughter yolanda.g on to commemorate the life of dr. king. at 8:00 this morning there will be wreath laying ceremony here a memorial of. and a parade later in the morning in southeast washington something that has not happened in quite some time. thousands of people are expected to flock here to the memorial since this is the first time it has been open during a martin luther king day. many people have the day off. it will be the first time here for many of them, including little yolanda king, the three- year-old granddaughter of dr. king. we spoke with her father about what she thought about it. >> as soon as she saw the memorial, she said i am not going to cry. she definitely has a consciousness that i would not have had at three years old. >> many people feeling the same way, i am sure. they are expected to come here many people. there is the parade in southeast and starts at 11:00. reporting live in southwest washington, jummy olabanji, abc 7 news. >> there will be a number of events honoring dr. k

robert richardson iii is being held without bail. he has a bill to reduce that for tomorrow. -- bail review set for tomorrow. >> another day with sunshine and unseasonably mild temperatures across maryland. this is after a little bit of snow fell south of baltimore last night. skies were able to clear quickly after some early morning fog. sunny skies and temperatures above normal through the afternoon. made it to upper 40's @ in maryland. western maryland enjoying unseasonably mild at temperatures. there are changes along the way. a system that produced a record amount of snow around midland yesterday is producing heavy rain and thunderstorms across the gulf coast. that is heading toward the mid- atlantic meeting soggy weather is on the way. >> thank you, tom >> major talking point for this weekend's game. how it will stop adrian foster. >> gerry sandusky is live with looking at how to stop the run. >> it is a huge wheat. do not let the quiet out here surprise you or confuse you. even though the players are off, it may be the most im

robert richardson iii is being held without bail. he was charged as an adult. a judge spoke to him about the charges today. appearing in hartford county district court on a tv monitor for a bail review, robert richardson iii listen to the charges against him. the 16-year-old high-school student is accused of shooting and killing his father monday at their home located on mills road in bel air. he is accused of transporting the body to aberdeen and it bought -- dumping it into a pond in a neighbor's home. police found the body partially submerged in the pond. during the bail review the judge asked if richardson had received a copy of the charges. the teen replied, i received a lot of papers. i am not sure i received a copy of the charges. the judge told richardson he would remain on made no bond status because of the seriousness of the charges. he also worried about the teenager be in a flight risk since he led police on a chase tuesday morning and it crashed the chevy blazer he was driving into a wall at the methodist church. the judge told him not to talk to a

. >>> baylor quarterback robert griffin iii announced he will enter the draft.e has received his undergraduate degree and receive his masters in communications in july. that is pretty impressive for an athlete who is only 21. >>> how much is too much when it comes to an age difference in marriage? your early morning entertainment headlines are straight ahead. >>> we will introduce you to one couple that have legs up on the cost of golf. you're watching "early today." . today" on this thursday. heavy rain in areas of southern new england will greet you if you head out the door. northern new england we are dealing with snow and ice during the day so especially traveling there will be the worst of it. during the day, second storm system begins to form over the top of michigan. a snowy afternoon in areas like chicago, st. louis, you're going to get a little bit of snow this morning. milwaukee also. then by the time we go through friday, that's just plain old cold heading through the great lakes and that means heavy lake-effect snow. if you're watching us on wltz nbc

john lucas iii anotÓ anoche 25 puntos, una marca personal, jugando como remplazo del lesionado derrick chicago vencieron a los wizards de washington por 78-64 para obtener sus tercera victoria en tres noches. los wizards no pudieron ganar su segundo partido de la temporada. jordan crawford termino con 14 puntos, el li Íder de anotaciones de washington, que ganÓ su primer partido de la temporada apenas hace un par de dias contra toronto. hoy se desarrollo el superdraft de la mls, el selectivo de jugadores promesas para reforzar equipos en la liga. d.c. united anunciÓ hoy que el club ha seleccionado al mediocampista de la universidad de louisville, nick deleon, originario de phoenix, arizona llega en la sÉptima selecciÓn general, deleon fue el unico jugador del united en el evento realizado en kansas city, marcando el final de una exitosa carrera universitaria en la que fue protagonista del mediocampo de louisville.bueno verano tendremos buen futbol y depronto aca en washington. la confederaciÓn brasileÑa de fÚtbol anunciÓ hoy que la selecciÓn nacional va a jugar este semestre cinco amis

even without rose lucas iii scored 25 points and the wizards hit new lows. blatche out in philly becasue of a shoulder. they scored a franchise low against chicago, 64 points, no points scored in the last five minutes. kickoff against the 76ers' at 7:00. in the post-season, home field advantage is as good as gold especially when you are the baltimore ravens winning all eight home games this season. sunday's show up at the inner harbor will be a little different. this is john harbaugh's first home playoff game posting the houston texans. they beat them handily in october, but they have pulled together a string of wins to make the playoffs despite a string of injuries. the ravens have not won a playoff game at home since 2000, so expect a fiery crowd. >> it will be a huge challenge. we are playing a highly motivated football team, and we will need every one of our fans in the stadium, at home, everywhere. we are going to try to do this thing together. we have something to accomplish. >> rallied the purple. many teams not in the playoff hunt are cleaning house.

basel iii, yeah, it's better. >> basel iii is the standard that international banks use for capital.st of the good stuff has come from overseas. the europeans -- the last thing you want to be is a european these days. but putting that aside, the european banking structure is going through a fundamental restructuring. england, they're actually proposing to go back to a pre-glass steagall era where you you take out the investment banking and commercial banking which would be an important real manifestation of the volcker rule done right. >> so putting the water back in the reactor so they can create clean abundant energy. another part of that is we've created fuel rods, if you will, that are the swaps market that are very toxic fuel rods. specifically everything else in the world, stocks, bonds, commodity, oils, is traded on an exchange and yet we have a $708 trillion swaps market which is the credit insurance market that is the only market in the world that is not traded on an exchange. >> people make a ton of money will. >> politicians keep a secret $700 trillion -- the president has

at a bail review hearing, robert richardson iii was held without bond. he was charged as an adult with first- and second-degree murder. police say the younger richardson confessed to the shooting and told them where to find his body. police have not yet established a motive for the killing. >> wjz was in the courtroom today. we'll have new details for the investigation coming up all new at 5:00 and 6:00. >>> casey anthony is not mentally ill. also in the report, anthony said she became pregnant with her daughter caylee after getting drunk at a party. she is serving probation at an undisclosed location on a check fraud charge. >>> convicted of manslaughter. michael jackson's death. today, a judge is deciding how much money dr. conrad murray must pay to michael jackson's family. >> reporter: dr. conrad murray has already filed an appeal in his criminal case. now his attorney is making another move, kicking off a new battle over money. >> i don't think that he should be responsible for any restitution. >> reporter: murray's attorney, michael flanagan, has c

yesterday, hundreds attended an event at the memorial including his son, martin luther king iii. dr.king would have been 83 years old yesterday. there will be another ceremony at the memorial this morning at 8:00. >>> d.c. mayor vince gray along with congresswoman eleanor holmes norton and others will help mobilize 1,000 volunteers for day of service projects starting at 8:30 this morning at dunbar high school. reverend al sharpton will hold a king day breakfast. the national cathedral hosts king in our midst at 2:00. >>> montgomery county police are expected to release more details today about an arrest in a string of violent home invasions. kevin ray was arrested in north carolina saturday morning. he is accused of three attacks. the latest in temple hills on friday. ray is now behind bars in montgomery county on charges including rape and assault. >>> police are also investigating an accident that killed an 8-year-old boy. this one happened yesterday afternoon around 2:30 on a busy westbound stretch of duke street. this is near the 395 overpass. the boy was standing with his m

super bowl iii, there were a lot of raven fans that won't forget this game for a long time.hat close going to indianapolis playing the super bowl. >> i'm jamie costello and we'll get them next year. >>> you ever had a hard time coming one something clever to say on facebook or in a tweet? a new social media website could eliminate all that pressure. you'll see where a picture is worth a thousand words. . >> in tonight's consumer alert, they say a picture speaks a thousand words. more than you can pack into a tweet or status update. maybe that's why another site is growing in popularity. we take a look at big interest in pentrest. >> i come across an image on a style blog and i want to capture it and remember it. i'm always going back and referring to books that i store. >> reporter: that imagery is one reason social media site pentrest caught her eye. >> it allow me to connect with friends through an artist i can side -- artistic side. >> reporter: it was launched in 2010. the premise is similar to the old cork board. users create virtual collections of stuff they like by up

and a special visit tonight for martin luther king, iii, and his message at the and commemoration.your maryland lottery midday numbers. >> the maryland lottery celebrates purple friday all season long with purple drawings and scratch-offs. >> the ravens are getting ready for the playoffs, but we're still celebrating. hello, you're picked three numbers are -- 0, 3, and 4. 0, 3, 4. want to win reagan's season tickets for 2012? play cash fantasy and visit mdlottery.com/ravens to enter your extra yards by 8:00 a.m. on january 12. we're moving right along to the pick four game. 4, 6, 9, and 0. 4, 6, 9, 0. the meron blend -- the maryland lottery, let yourself play. >> quite nice today. >> but it is january. so it will eventually be generous. so enjoy it while we have got it. near 60 today. 50's tomorrow. drive through the weekend of 47 is the high on sunday, closer to normal. monday morning, we could get something to our south. it may come far enough north that we see a morning mix of precipitation but tuesday, dry a much more rainy story coming up after that. >> all right, thank you so

. >> robert griffith, iii turned pro and he's already working on his masters.ders fire hue jackson today, too. >> roll tide. >> you'll trust me from now on, what's a special event going on right now on our facebook page. >> abc7 will donate $1 to the washington humane society for each of the 3000 new facebook friends or twitter followers we receive. if you are already a fan cupp please share our post and will help us get more fans and more donations. every $1 will go toward pets in need of homes in the d.c. area. a very good cause. >> sunshine this afternoon, tomorrow rain. chilly temperatures in the 40's. always stay updated on the ever- changing weather wjla.com. in our blogs, "why are you a snow lover?' everyone giving us the reason why they love the snow with yesterday's pictures. bauble more for you at 11. -- bob will have more. ♪ i'm feelin', feelin' a sunny day ♪ ♪ sunny day ♪ ♪ i'm feelin', feelin' the taste i crave ♪ ♪ subway ♪ ♪ i'm makin' it, makin' it how i like ♪ ♪ it's meant to be ♪ ♪ i'm feelin' subway ♪ ♪ i'm feelin' subway today ♪ [ male announ

he doesn't matter to most people. >> bob jones iii, thank you for being with us.ank you both. >>> up next, top stories. then on fareed zakaria's gps, a discussion on the state of the economy. one more thing.... those pj's you like, i bought you five new pairs. love you. did you see the hockey game last night? [ male announcer ] progresso. you gotta taste this soup. c'mon, michael! get in the game! [ male announcer ] don't have the hops for hoops with your buddies? lost your appetite for romance? and your mood is on its way down. you might not just be getting older. you might have a treatable condition called low testosterone or low t. millions of men, forty-five or older, may have low t. so talk to your doctor about low t. hey, michael! [ male announcer ] and step out of the shadows. hi! how are you? [ male announcer ] learn more at isitlowt.com. [ laughs ] hey! sfwlarchlgts time for a check of today's top stories. the captain of the ill-fated italian cruise ship defended his reaction after the ship hit submerged rocks friday evening saying they were not marked on