jekyll island have been because it was time to make it official and jpmorgan said camino community to do this somewhere somewhat privately after his hit by a trolley car. he was in new york, discussing things and he got hit on 60th street by this madison avenue trolley car. he then planned to have a big meeting at the state of rhode island. but now he's in new york, with the bankers in market has its club membership at the jekyll island club off the coast of georgia and was unsafe something i found out when i went myself, sponsored six people again to work together in secrecy away from the eyes to bash out this idea. the sort of cloak and dagger's death i think is a little bit exaggerated. it wasn't like you had paparazzi flying in. i jekyll island it is generally at the time you couldn't really get their and a repost of men watching them folks came in to make sure it was a pretty secure place for not and a nelson won't go to washington to be sent to the senate. what happens was he was still not feeling well from the trolley car situation. two of the bankers at the meeting, frank vand

we go off the coast of georgia to a place called the jekyll island. what happened, who came out of it and were the motivations of the people truly pure and sincere? >> guest: what happened is in november of 1910 there was a meeting that was called by senator nelson aldrich was a very famous and powerful political family that integrated into being a financial family and as the senate finance chairman was tasked with trying to create a central bank that would appease the public as well as pass in washington and the reason for that is there had been a panic coming major banking panic in 1907 an 1907 io years before that which teddy roosevelt had asked j.p. morgan to get his people together to try to save the market. it's a little bit different today. the government worked to save the bankers than calling them to try to help the general economy, and after j.p. morgan got a bunch of friends together to decide if they could live or die and how much they had to back them up, he was a little afraid and thought i don't want to have to do this exercise again. i

jekyll island happened because it was time to make it official. and jpmorgan said you need to do this somewhat privately, only after nelson aldridge was hit bay trolley car on madison avenue. he was in new york, discussing things with bankers, his son lived in new york as well. he got hit on 60th street by the trolley car. so he was convalesced and had been planned to have a big meeting at his estate? rhode island. but now he is in new york, with the bankers, and morgan has this club membership at the jekyll island club, and sponsored -- which is something i found out when i went there myself -- sponsored this six-people, again, to work together at -- in secrecy, away from eyes, to bash out this idea of the fed. the sort of cloak and dagger stuff is a little bit exaggerated. it wasn't like you had paparazzi flying in, and at jekyll island it's generally -- at the time it was off the coast and couldn't get there. couldn't drive there. and there were posts of men watching if boats came in to make sure they couldn't even dock near the jekyll island c

we go off the coast of georgia to a place called jekyll island. what happened and who was involved, what came out of it and were the motivations of the people in your opinion, would each really pure and sincere? >> guest: what happened was in november of 1910 there was a meeting that was called by senator nelson aldrich. aldrich is were also very famous and powerful political families that integrated into being a political financial family. and they'll send aldrich as the finance chairman was tasked with trying to create a central bank that would appease the public as well as pass politically in washington. and the reason for that was there have been a panic -- a major banking panic in 1907 a few years before that. at which teddy roosevelt had asked j.p. morgan to get his people together to try to save the market. and it was the government calling the bankers to try to help the general economy. and after that panic and after j.p. morgan got a bunch of his friends together to decide which banks or trust companies could live or die and how much mone

jekyll and mr. hyde. he's mr. hyde and mr. hyde. he's hyde! >> all right.'s do the next loony liberal, elizabeth warner. here she is going off the reservation, so to speak, with an in character stephen colbert. >> i grew up in an america that was investing in kids and investing in public universities. i it had a higher minimum wage. that's how we built the great middle class. then starting in about the 1980s, we turned in a different direction. >> you mean when reagan came in and it was morning in america? >> he had a couple of ideas. first one was they'd fire the cops. not the ones on main street. but the ones on wall street. it was supporting having the regulators look the other way. while the biggest financial institutions hit every trick possible. what happened by 2008 was that they broke the economy. >> refreshing a democrat not blaming bush, she's blaming reagan. >> that was really long. her native american name should be she's full of crap. she's an intellectual lightweight. >> your thoughts? >> i was shocked she was blaming something other than glob

. >> it's like jekyll and hyde and there is the angel sean and the mean devil one with the horns. get too drunk. >> when denbraven pled guilty to aggravated domestic violence and is awaiting senting. this isn't the first time his drinking led to violence and time at the kent county jail. two months earlier he was arrested and later convicted of domestic violence and sentenced to 30 days. that time the victim was his 18-year-old cyster. >> apparently my sister came to my room and she was mad at me for shoulding and i was hammered so i grabbed her by the throat and, like, threw her across my room apparently. the next thing i knew i was getting put in handcuffs. >> this is what happens. this is what happens. eat your vegetables and go to school. >> i've been so caught up in, like, hanging out with my friends and being stupid and doing drugs that i lose sight of what i should be doing in my life. >> denbraven says the forced sobriety that comes with incarceration along with living in h2a has helped him become himself again. >> h2a. >> i try to be everyone's friend. for the most part i

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jekyll persona.nteresting conversation we had was when he told me -- i asked him one time, aren't you ever afraid of some smart alecky "n" word person calling you pretending to be white wanting to gain information on the klan? no, i never worry about that, i can always tell when i'm talking to one of them. >> he said that and he was talking to you then. >> yes. and i said, how can you tell? he said, by the way they pronounce certain words in the english language. he said, they don't talk like educated white people like you and i. i said, i don't understand, give me an example. he said, for instance, take the letter or the word "r." he said, educated white people pronounce english the way it was meant to be, like you and i do. he said, with the letter "r," we say it the proper way. we say "r." "r." but a -- one of them, the "n" word, they will say "ra," "ra." so from now on, when you talk to someone on the phone that you don't know who they are, talk to them for a little bit and get them to say that p

guest: i would say we are kind of in a jekyll and hyde housing market. there is a lot of good signs, when you look especially at home prices. but under the surface, there is still some lingering distrust left over from the housing should -- crisis that has not been fully dealt with yet. i think that is what everybody is concerned about, along with the somewhat anemic economic growth that people are concerned that this housing recovery is not for real or not as good as it appears to be. so we look at home prices, they had a very big jump in many areas in home prices in 2013, but we are starting to see the numbers him down, home price appreciation slowed down in many markets across the country. foreclosures are down to nearly pre-recession levels. actually we just came out with april numbers yesterday, and properties15,000 with foreclosure filings in the month of april. that is down from a peak of over 367,000 in march of 2010. and we are almost back -- before the recession we were seeing about 85,000 foreclosure filings a month. we are getting that closer

we are kind of been a bit o in a jekyll and hyde housing market. there's a lot of good science when you look at th the price is puprices butunder the surface, l enduring distress left over from the crisis that hasn't been fully dealt with yet and i think that is what everybody is so concerned about is the somewhat anemic economic growth equal are concerned that this isn't for real. so the home prices had a big jump in 2013 that we are starting to see those numbers come down. for closures are down. there were 115,000 with foreclosure filings in the month of april down from a peak of 367,000 in march of 2010 and we are getting back closer to that level. that piece has largely gone from the market. housing prices are going up but there's there is a hole in the g recovery that consists mostly of the first-time homebuyers. >> host: there was an article in usa today. it was talking about the fact that the middle class cannot afford to be a home owner today. >> we see the median incomes are stagnant versus home prices and the average rental rates across t

>> guest: i would say we are kind of in a bid of jekyll and hyde housing market. there's a lot of good signs when you look at a specially home es

guest: i would say we are kind of in a jekyll and hyde housing market.here is a lot of good signs, when you look especially at home prices. but under the surface, there is still some lingering distrust left over from the housing should -- crisis that has not been fully dealt with yet. i think that is what everybody is concerned about, along with the somewhat anemic economic growth that people are concerned that this housing recovery is not for real or not as good as it appears to be. so we look at home prices, they had a very big jump in many areas in home prices in 2013, but we are starting to see the numbers him down, home price appreciation slowed down in many markets across the country. foreclosures are down to nearly pre-recession levels. actually we just came out with april numbers yesterday, and properties15,000 with foreclosure filings in the month of april. that is down from a peak of over 367,000 in march of 2010. and we are almost back -- before the recession we were seeing about 85,000 foreclosure filings a month. we are getting that closer t

there's a jekyll and hyde situation where the abuser on the outside seems like a loving 0 person butehind doors there's pure evil. something else people need to understand. when this 15-year-old was kidnapped, she had only been in the united states, john, for six months. she didn't speak english. she didn't go to school. she didn't have a huge network of friends. she didn't have a smartphone. so we're not talking about the typical american teenager like my 15-year-old who you start to think, wait a minute, would she actually believe that her family wasn't going to look for her? this guy was able to isolate her immediately because she was new to the country, she didn't speak the language, she didn't have a network and of course, john, i think a big part of the story she was undocumented. so you have the fear of going to the police to report anything is wrong because you might get deported. >> let's explore that more. that's another issue here confusing to some people. this all started ten years ago. do you think her immigration status somehow slowed up or 0 got in the way of a more ef