. >> good morning, i am jennifer lew and i'm the director of the new institute at town school for boys. when i think about town, i think about the important role plays in teacher training. the new teacher institute is the fruition of heat master's vision when he first arrived atown. his goal was to establish a teacher training program that combines the practical and theoretical aspects of classroom teaching. it is the school's conviction that independent schools have the responsibility to train teachers for both the public and private school worlds. the new teacher institute has been in existence for 23 years and i was personally involve first as a 5th grade humanities teacher who worked as an intern and now as director. there are 15 interns at our school in all classes k-8. many enter into the world of teaching with barely any practical teaching. i was such a teacher. many new teachers have little or no . guidance. great teachers do not emerge after two years in the new teacher institute, but the potentially great ones have developed confidence, humility, a sense of humor, flexibility

jennifer krauss summed it up. >> the clients got duped. >> reporter: jack lew was not at citi's alternative investment wing whenat and falcon were created and solds and he insists his duties there were only administrative. >> i was aware of things that i was working in a financial institution. i learned a great deal about the financial products. but i wasn't designing them and i wasn't opining on them. >> reporter: but he was there for the implosion and the aftermath, a time when advisers were begging citibank to do the right thing and make customers whole. but instead of offering full refunds, citi offered around 20 cents on the dollar in exchange for silence. >> they offered me $50,000 for me to waive my rights essentially. >> reporter: most people took that deal but chris was too angry. >> the people that are managing these funds are so separated from the skin in the game that they become so arrogant and disconnected from the actual emotion of wow, we just lost two billion dollars worth of customer money, it meant nothing to them. >> reporter: he bit the bullet, hired expensive lawyers and went into arbitrat

jennifer davis of lazard. ashley: all right. treasury secretary nominee jack lew on capitol hill today answering tough questions about his time at citigroup, tax reform, the country's budget woes, the cayman islands, you name it. is his nomination, this is the question shaping up to be a long fight? we're live from capitol hill. ♪ all stations come over to miion a for a final go. this is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. ashley: treasury secretary nominee jack lew in the hot seat today as he answered some tough questions from the senate finance committee. liz: our rich edson is on capitol hill with the latest. how does it look, rich? >> some of the opposition he faced today is what republicans call out of hypocrisy given the campaign president obama waged against governor mitt romney last fall talking about his privat

jennifer p. arindrajit dube, you don't know of massachusetts-amherst. lew prince.ch. all right. >> we need an hour. >> i have a cold, and i took nyquil, but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] alka-seltzer plus liquid gels speeds relief to your worst cold symptoms plus has a decongestant for your stuffy nose. thanks. that's the cold truth! to get her oven baked taste straight from the microwave. like her oven roasted chicken baked in a rich, creamy alfredo sauce. she calls them her new comfort bakes. marie callender's. it's time to savor. to compete on the global stage. what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's is ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu. ♪ >>> president obama made a stro