you just inherited a fortune. >> your inheritance is to be released. >> they claim they want to give you money, but they are really out to steal it. >> make them think about it. we are at war. >> for years now, "dateline" has been tracking down internet thieves oversea gls did you or did you not lie? >> i lied to you. >> this time we take our cameras on the hunt for scammers here at home. nice to see you. come up. we will play their games, uncover their tricks. >> guys show up with a crate of money. >> exactly. >> it is all dyed black. >> it's all dyed black. >> and turn the tables to scam the scammer. >> mr. grant, there's something you need to know. i'm chris hansen with "dateline" nbc. >> tonight "dateline" goes undercover as we "follow the money." good evening. welcome to "dateline." i'm chris hansen. the crime we're going to tell you about tonight is all too common. too big for local police, too small, it seemed, for federal authorities, but when "dateline's" hidden cameras got involved we uncovered a multimillion-dollar conspiracy and prompted federal indictments against an int

inherited a $1.3 trillion deficit. so the problem is greater. you do have the same type of division that you had in '95, and what we really just have to hope is we can work through that quicker than we did last time, and i think what the president is doing tomorrow in calling the leadership down is saying everybody has got to check their politics, their rhetoric, their ultimatums at the door and see if we can find common ground on a major down payment on deficit reduction that's done if a way that will help not discourage the recovery from gaining more strength, still leave room for investing in our future, and honor our basic compacts on medicare and social security. the president thinks that is possible but understands it's requiring compromise on all sides, democrats as well as republicans. >> i want to ask you something in that vain about something the president said in his weekly address. >> the government has to start living within its means, just like families do. we have to cut the spending we can't afford to p

we have inherited probably the deepest economic hole any president has inherited since fdr. and it's going to take a long time to climb out. we want the american people to know, we're not satisfied, there's no mission accomplished banner behind us, nor will there be until we get the type of growth for a sustained period of time that we start seeing jobs created. and unemployment falling the type of rates before we fell into this terrible financial crisis. >> gene sperling, assistant of the president for economic policy, appreciate you taking the time tonight. >> thanks for having us. >>> we now turn to jonathan alter, jonathan, what did you make of mr. sperling's argument there? >> you know, i think he makes a pretty good argument. the problem i have with the administration on jobs is there's not enough creativity. so everything he said is fine as far as it goes, but it doesn't go far enough. what i'm looking for -- and i understand why this has to be after the debt ceiling is dealt with -- so sometime in late summer, are a series of new proposals for job growth. i'm kind of

the governor, like the president, inherited a weak economy. it into a dozen 5, indiana faced a deficit and had trailed -- in 2005, india faced a deficit and had failed to pass a balanced budget in several years. they cut taxes and pay down their debt. thanks for governor's leadership, our state is now the most attractive place to do business in the midwest. the spend less, borrow less, and tax less model of the and it is resulting in job creation and aaa credit rating and contracts to spend more, borrow more, and tax more from the president has resulted in less jobs, higher debt, and threaten to bring down credit rating agencies. the indiana model is the first to repairing the country's finances. this week, every senate republican took that step by committing to a balanced budget amendment and the u.s. constitution. the speaker of the house is committed to bringing it to a vote later this month. the senate republican leader mitch mcconnell has committed to fighting for a vote in the senate as well. growth or balance, that is the choice before

this is the world christine legarde inherits as she begins at her new post as managing director of the international monetary fund in her first formal meeting with the press at the i.m.f. headquarters in washington she seemed optimistic in her hopes the international monetary fund is here to serve and to provide services to its hundred and eighty seven members it's not the sexiest of news stories but still the inaugural press conference for the new managing director of the i.m.f. then garner quite a bit of media attention most likely it had less to do with christine lagarde herself and more to do with the reason why she's here. campbell what lessons do you think ought to be drawn from the way the u.s. legal system handled this case we did be any reforms in the human rights and human resources policies here do you plan any changes in them in light of the controversy over mr strauss kahn the controversy of course with dominique strauss kahn accused of raping a hotel maid in new york that case now starting to crumble after it turned out the maid had credibility problems back to the i.m.f.

roosevelt inherited the economy in the great depression. so what you saw was what the president inherited was a much deeper, recession than anyone projected. yes, the hole the president inherited was much deeper. we have made a lot of progress. not enough, but just remember, that first quarter that the president was in, the first three months, our economy lost 2.3 million private sector jobs. over the last 16 months, we have gained 2.1 million private sector jobs. certainly we have had head winds. we have had head winds that hurt the economy, higher oil prices, supply chain disruptions from historic earthquake in japan. >> bret: understood. >> but those are things outside our control. what is inside our control is not add the cloud of uncertainty that comes from the american public thinking we are on the verge of default. that has hurt confidence and hurt our economy over the last few months. no question. >> bret: ten days ago the president said in an interview the economy was on a good trajectory. after this gdp number, the revisions, the

out so he doesn't have to payal mone out of my inheritance instead of out of his own pocket. this is legalized fraud. thank you. >> any further public comment? hearing none, public comment is now called. please call line item it. >> reports and announcements. item 2-a is the chief's report, it's a report on crime statistics and review of recent activities. >> good evening, chief. >> good evening, commissioners. >> as far as crime goes in the city, again, week to week it remains relatively the same. we did have some shootings in the past week and we put in redeployment strategies. we put the beat officers back on third street as they were last summer. i know that was of tremendous benefit to me as the captain, we've done that. we've asked the task force to spend more time on the market street corridor since some of the shootings down there are gang-related, and gangs not attributed to the mid market area, some have been from divisidero street, alamaney and bay view and we had a quieter week on the street because of that and will continue to redeploy through the summer. i saw d

but give him a little bit of a break. >> eric: he inherited 67% unemployment and turned it to 9.2% inheriterited $1.83-gallon of gasoline and turned it to $4 -- >> bob: not his fault. >> eric: who else fault is it? >> bob: blew up. >> if we would have done nothing. unemployment went to 8.8%. doesn't it sound good now? >> bob: if he would have done nothing, it wow upward of 15%. >> greg: there is more sultal similarity between carter and obama. they were the media choice for presidency. i remember when carter was running and he won. he was a wonderful peanut farmer from georgia, the guy out of nowhere. nobody knew anything about him other than he was charming and new. it sounds really, really familiar. both -- that was their flaw. that the media didn't test them. they didn't put their feet to the fire. that's why -- >> bob: carter never raised taxes during his term. ronald reagan. he didn't. >> eric: he couldn't raise them higher. >> bob: ronald reagan had the largest single tax increase in history. that's right. >> eric: you can't just go out there and say that. >> bob: but you can say the

. >> will james murdock inherit his father's empire?-- james murdoch inherit the empire? >> i'm not sure he will want to. >> america is concerned about pakistan. following their success in the osama bin laden operation, people are wanting to the ideas of stopping the terrorists in their tracks. >> pakistan might prove to be the major challenge in the so- called war on terror. the rising confidence of extremist groups is making observers extremely nervous, especially as the country is home to what the jihadists like to call the islamic bomb. the last time the world was jittery about security in pakistan was nearly a decade ago just after the 9/11 attacks when washington developed an emergency plans. we have been told that these plans are coming once again and they are contemplating the country expanding their nuclear arsenal at a time of weakness. these are the images behind the latest attack of nerves, a naval base in karachi. they destroyed two u.s.-made spy planes in a well-executed operation which is believed to have received support from elements within the armed forc

you know, the mayor's office, i inherited a great staff. i really have to say that i have been blessed with a very, very talented staff. so with that kind of talent, i want to make sure that i mentioned them by name. with that kind of talent, people do not stay long in one place. i know that there are already things happening with people changing. maybe they're stressed out or maybe they're going to better things. i want to say thank you to steve for helping me head this whole thing up. appreciate that. [applause] and then to the budget staff, headed up by the great bragg wagner, thank you very much. -- greg wagner. [cheers and applause] greg, you had a wonderful staff did you assemble them and focused on them. i want to name them all, because i know they're going places. that includes rick wilson, monice, megan, rebecca, liel, renee, alessa, jonathan, eash, star, and kate. thank you very much, all of you. [applause] and i want to again give a shout out to all of the department heads. they have been so patient. and even though i have not he

we are saving 5 billion pounds, and what we inherited was a situation where the number was going up four times as fast as the number of nurses. the number of doctors has gone up and the number of bureaucrats has gone down. >> we have more doctors and nurses than ever before. the shortest waiting list ever, and the highest patient satisfaction ever. he says that he will save money but he does not publish the figures. he will not show how much that he will spend. how much will he be spending on making the staff redundant? let me give him the figures on the costs and benefits of reducing bureaucracy. this is the answer that he will get. there'll be a cost of 1.4 billion over the next few years, but 5 billion pounds will be saved in total during this parliament with net savings of 12.3 billion pounds. we offered 11 billion pounds extra, and he was in the last election saying that he would cut this. >> you did not answer the question of how much he is spending on making the staff redundant. the answer is a hundred 52 million pounds are being spent on making the staff redundant. can you guaran

i literally inherited this project. i would tell you what i know. we know the case management systems at individual departments have been funded. we are working with them to connect to the hub. my plan for this fiscal year is to get as many of the departments, including the police department, on board. once that phase is over, i see it at the end of the project. the program, which is different from the project, certain operational functions that have to continue. maintaining the hub, mainframe, we will always have a few staff around to do that. >> so how do you intend on making sure the project gets done? >> part of the resources, originally intended to have eight staff people. when we inherited the project, it only had four. in the last six months, we have increased by two. i now have people who can do things for our program that we do not need to rely on dt. >> but as far as cutting an actual end date. you need to still higher four people and then you will have a sense of what we can complete the project? >>

. >> and later tonight a hospital that can now correct a defect your newborn might inherit. >> and smort phone apps designs by 10-year-olds. now there is a camp for that. stay with us. a lot more still to come. >> closed captioning brought to you by mancini sleepworld. >>> the search continues in san bruino pg&e is tiging up a section of pipe abandoned since 1950s, at one time waits part of the line that exploded last year. pg&e is digging up a section of pipe in the ground since 1948. unused since 1956, that is when line 132 was rerouted a bit to accommodate the new housing development. the cpuc wants to trook at the line as part of its investigation into the explosion along a segment of the replacement pipe. an eight-foot section will be cut on glenn view and handed over to cpuc. there will be another ef caveation point 250 feet southwest, just feet from the rupture site this, is so a camera can inspect the inside of the length of a a.band oned pipe. >> it's putting the camera in one end, and receive it at another end. >> the ntsb says the rupture started on one of the poorly done weld

says the dominique strauss kahn is christine for looks at what france's former finance minister has inherited . from violence on the streets of the middle east. to protests in north africa to europe. where portugal's credit rating has been deemed junk. and in greece. where unemployment hovers at about sixteen percent and the debt crisis has sparked anger nearly all of this anger stemming from poverty and failed economic policies in the u.s. as well high unemployment sits atop a mountain of problems like housing prices and slow financial growth. this is the world christine legarde inherits as she begins her new post as managing director of the international monetary fund and her first formal meeting with the press at the i.m.f. headquarters in washington she seemed optimistic in her hopes the international monetary fund is here to serve and to provide services to its hundred and eighty seven members it's not those that feel stiff news stories but still you know on the world are infinite you managing director of the i.m.f. there garner quite a bit of media attention most likely it had less to d

chief christine lagarde inherits from dominique strauss kahn here resigned when accused of attempted rape on wednesday she gave a press conference in washington d.c. on her second day of the job and checks pressed hope european policymakers would show enough courage to resolve the debt crisis there and promise to continue the reforms started on to her predecessor but as christie infrasound reports some seem more interested in his problems than lead god's promises. from violence on the streets of the middle east. to protests in north africa to europe. portugal's credit rating has been deemed junk. and in greece. where unemployment hovers at about sixteen percent and the debt crisis has sparked anger nearly all of this anger stemming from poverty and failed economic policies in the us as well high unemployment sits atop a mountain of problems like a housing crisis and slow financial growth this is the world christine legarde inherits as she begins at her new post as managing director of the international monetary fund in her first formal meeting with the press at the i.m.f. headquarter

come july, -- a week from today, you will inherit these things. during this timeframe, some of your requests have come in. they have been pretty an adequate. the judicial watch is appealing they have searched production records stating there has been abuse. the problem is they've received these documents. that is their letter. they received a document that looks like this. when someone reid? something, you do not even know what page it is from. that is considered excess. you have to find a way to make sure that when you deliver a paper with nothing on it, you have to know what it is responsive to. but the which they received was not as many pages as they should have, but in the case of judicial watch, they had been given the information that just as on your behalf, would not give them. they have the one that is responsive and they can see why they have a right to it. a week from today, he will inherit by a number of transparency groups that are saying we have the documents on a redacted. you violated the law. that will be one of the first things o