are you guys charging jon corzine with civil fraud? >> no.ie, we are charging him with his violations of law with regard to segregated funds. segregated finest hour customer money. >> reporter: i know that. >> that money is supposed to be sacrosanct. it is a violation of that. >> reporter: a lot of people would say this is pretty weak tea. if you cannot charge a ceo of a company that obviously misused funds. you can bar customer funds. you decide to put it back that day. we all know that. >> no, you can't. no, charlie, you can't. >> reporter: are you sure about that. >> charlie 55. >> reporter: and not try to argue about the law. >> good, because i know what i'm talking about. >> reporter: why is it that you are not charging him with fraud? of this guy did was so bad, which u.s.a. is so bad, i'd aussie of fraud charge and it's not just me. at been inundated with e-mails from foxbusiness.com customers who still have not gotten their money back, by the way. some people have gotten 3 percent. and you guys hit them with jars that is not fraud whi

has jon corzine any chance at all of settling this? is always that chance. and one curious report that came out in the last week suggested that corzine had not been given a chance to settle with the cftc. that's not clear. what is clear is the cftc has taken a very tough stance on him, and hathey're getting toug on folks who abuse customer money. i'm sure there will be a chance to settle before the jury finds a result, so we'll see how it plays out. of course, corzine is someone who has very sophisticated defense lawyers. we expect to be hearing a statement from them shortly as to how they're going to handle this. >> kate, thank you very much. meantime, continuing breaking news that we've been following since the beginning of the program, really since the beginning of the month of june. gold's continued drop is now back below $1200 an ounce. let's bring in frank mcgee of alliance international. somebody says, yeah, they've been wronged. is there a bottom? >> that's really the problem. you've had a lot of people attempting to hit and pi

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remember jon corzine? let's stay, he is royally mfed. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're livi lger, one thing that hasn't changed much is the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪ your chance to rise and shine. you can do just that. with our visionary cloud infrastructure, global broadband network and cuom communications solutions, your business is more reli. and with responsive, dedicated support, we help you shine every day of t week. neil: what happened? as if making chris christie a household name was not a tough enough pill to swallow, now jon corzine with another tough bill to wallow? could be. he may have played a role in directing customers private trading funding to bailout the beleaguered investment firm, charlie gasparino has been following this, talk about a fall from goldman grace. >> a year and a half ago we pointed out highest not going to days criminal

cheryl: plus, civil charges filed against jon corzine.t sheldon who handed out those charges is coming back -- david: oh, my god. cheryl: i know. he's coming back. we want to hear from you. will the fed's efforts to talk up the market work long term? log on to facebook/after the bell. we'll be right back. ♪ ♪ [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor.. [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all hinkorswim from td ameritrade. ♪ cheryl: shares of online video network r video sinking in its public debut. let's head back to nicole petallides on the floor of the new york stock exchange. >> reporter: right. on a day where we're up again, three days in a row for the dow jones industrials, and some of the ipos have done very well. tremor video is root story here. it's down 15% today, so take a look at tremor video was a name that we've been watching and came out, a name that's been headin

jon corzine facing more legal woes. regulators are expected to file civil charges against the former mf global ceo for his role in the collapse of the brokerage firm. mf global. kayla has the story. >> reporter: maria, two years after they declared bankruptcy, the legal battle facing former ceo jon corzine could be coming to a head. they're readying civil charges against corzine. the firm's ceo, when it went belly up. as it entered bankruptcy, nearly $1 billion in customer funds went missing. they were later found at clearing banks in international affiliates, but the misplacement of the funds has been the focus of investigators. a spokesman for corzine says, during the difficult final week, mr. corzine was never informed nor was he ever given reason to believe that customer funds were at risk or were being used improperly. if the cftc brings this enforcement action, mr. corzine would welcome the opportunity to litigate this matter in an impartial venue. a majority of the commissioners must approve the charges. "the new

the cftc is expected to file suit imminently against mf global jon corzine as well as edith o'brien for of charges. the charges against corzine a misuse of funds, and both o'brien and corzine are expected to be banned from trading in the future. they will also have to pay restitution for this lawsuit. they have scheduled a press conference to discuss the details of this and a lawsuit is supposed to be filed imminently as a result of that. as soon as we get details, we'll share them with you. >> we're going to throw this to the panel. my first question would be, is there any indication of what the level of restitution or disgorgement would be? >> i don't have those details yet, although, of course, the important thing in this case is close to a billion dollars of customer funds sort of suddenly went missing in the fall of 2011 as a result of some bets that corzine had made in european sovereign debt, something largely unrelated to their core business. so that's been something that has been tracked down over the years that followed, and customers have been made mostly whole but not entire

federal regulators set to sue jon corzine now over the co lapts of m.f. global. week t. agency said to informed corzine's lawyer without off him the opportunity to settle. which is quite an unusual move a. spokesman says such a suit would be unprecedented and without merit. we are told that bart chilt on is -- chilton is leading this effort. >>> also, the new irs chief is saying the group seeking tax exempt status is broader than exposed. it wasn't just tea party and conservative groups targeted. irs skreerns were told to be on the lookout for groups using terms including israeli, progressive and occupy. so we will see if that changes the political debate on that issue. kayla. >> a little late for that reveal. >> a little late at this point. >> nonetheless, still an important detail. >>> the u.s. pension crisis continues on a downward spiral with a staggering 94% of pension plans underfunded. joining us is the president of woolshire consulting. we still have our guest host mark lo ka that to join in with us here. julia, we'll start with you. pensions are long-term

. >> jon corzine more trouble with ms global? >> more trouble. the head of that broke ridge that made bad bad european detmar ket he was charged with misuse of customer money. with the assistant treasurer of course corzine's camp is saying the charges are meritless. this shows the administration and regulators are going against financial misuse of customer money. >> lauren simonetti fox business network, thanks. >> there was a frisky feline. he shes him hanging around the top of the stairs he pushes them all of the down the stairs with his paw. bad kitty. >> 8-year-old has impressive ball handling drills. finally this pooch is having a tough time handling the sweltering heat. there's a bit of a problem. that bucket a little too small for him. which one is your favorite. send your comments to us fobbing friendsfirst@foxnews.com. you can vote in our poll at fox friends first.com. it is 13 minutes after the hour. coming up we have details for you in the irs investigation. targeting conservative groups. they face more scrutiny. it turns out he was le

lauren simonetti joins us with details on this latest move. >> this is a new low for jon corzine. he was the head of mf global. the broke ridge two years ago went belly up because of bad bets tied to the european debt crisis. customers lost about a billion dollars there. now the new york times is reporting that corzine could face civil charges in connection with the loss of that money and the misuse of that money. this is very unusual. typically in situations like this where the regular slate tore comes back to you in this case the cftc the defendant would have the opportunity to settle and never have to admit guilt. but in this case he is going to chase charges that could lead to discovery and even more could come out. prospective employers are taking a close look at social media site more than ever they are choosing not to hire somebody. >> google your name before you go on a job interview or even submit a resume. career builder says 43 percent of employers who hire are actually checking social media and not hiring someone because of the pictures they are finding or the bad mout

adam: want to talk about jon corzine, breaking news on mf global. cftc is planning to announce civil charges against the disgraced former ceo, mr. corzine. that's going to happen very soon. peter barnes is in washington d.c. he's got the latest on this. peter? >> reporter: that's right, adam. we are expecting charges against jon corzine this hour according to a source close to the matter. the agency will be holding a press conference call at 2:30, it says, to announce an enforcement action according to a press release. that's all it would say. but civil charges against corzine have been widely anticipated after $1.6 billion in customer funds were improperly used in the collapse of the company back in 2011 after it made risky bets at corzine's direction on european debt. now, most of that customer money has been located and returned to customers as you recall. now, we are not expecting, according to this source, a civil fraud charge against corzine. if you recall, when this money was moved around, it was not necessarily illegal for the company to do t

ten-year note, plus one percentage point and the commodity futures trading commission is suing jon corzinee cftc wants to ban corzine from trading in the futures market and make him pay an unpress spied penalty. corzine failed to supervise mf global before it collapsed. >> we're out of time, but i want to get you one line on the immigration bill. should the house pass it? >> they must pass an immigration bill. they can tweak it, but pass it. >> i love it it. i just love it. it's been so hard to find somebody that agrees with me. it's good for growth and it will be good for border security and thank you, seema mody, and i'm sorry i spoke. the war on coal now has been joined by the other side. coal ceos are not happy with the president's attack on their industry and they're working now to neutralize it. one of the ceoes are is joining us to equalize for it that's responsible for 40% of our energy. please stay with us. she's still the one for you - you know it even after all these years. but your erectile dysfunction - you know,that could be a question of blood flow. cialis tadalafil for dail

jon corzine's wall let and that's all that matters. powerful county machines still call the shots in party primaries. one by one corzine picked them off, bought them off. the nomination and election went to correspond sfwlin. correspond sfwlin had no idea how to work with the legislature, the economy collapsed, so did his al lines of convenience with the power brokers, lacked cody's charm. voters found no comfort in their governor. corzine's money mattered for nothing and he lost to chris christie. he the platform he had been craving his whole life to bluster, bully, force his agenda to become the national political figure is now is. and corzine had nothing left to do but head back to wall street. watch democratses try to make the new jersey race interesting, just remember, they did this to themselves. >>> things turning out a little differently for another republican that won national fame in 2009. that's next. [ female announcer ] the best thing about this bar it's not a candy bar. 130 calories 7 grams of protein the new fiber one ca

former mf exec jon corzine is being slapped with a $100 million suit from the cftc. corzine and former assistant treasurer edith o'brien are charged with failure to supervise the misuse of customer funds that caused the firm's collapse. corzine's attorneys say he was unaware of the missing money. regulators say funds were misplaced before the firm collapsed. an internal review of the irs made for a tense hearing on capitol hill this week. lawmakers criticized irs acting commissioner danny werfel for an "incomplete review" of the agency. werfel was ordered to complete a 30-day review after news broke the agency targeted conservative groups seeking tax- exempt status. in the hearing, werfel stressed a need for more time. rep. richard neal (d-ma): "we all need to be outraged. the american people shouldn't be afraid of the irs. we've established that. but i think the simple point is, you would argue you need more time. is that correct?" werfel: "absolutely we need more time. and my hope today and in this report and in every communication i have with the public or the com

reports say the commodity futures trading commission, better known as the cftc, is planning to sue jon corzine, who led the firm until its collapse in 2011. mf global lost nearly a billion dollars in customer money on risky derivitives trades. the cftc is expected to sue corzine for failure to prevent the losses. in a statement, corzine's lawyers call the suit "unprecedented and meritless civil enforcement action." yahoo's shareholder meeting turned into somewhat of a celebration. according to reports, the meeting had an upbeat tone now that the tech company appears to be on stronger footing with ceo marissa mayer. mayer took over almost a year ago and since then the stock has climbed close to 60%. mayer tells cnbc yahoo is making strides in mobile technology, where photo sharing on flicker is up 50%. time now for a roundup of the latest corporate earnings: barnes and noble's nook e-reader nudged its earnings lower this quarter. the tablet's sales fell 34%. it will now stop making the nook in-house. the stock fell 17% yesterday. meanwhile, walgreen's shares also fell on concerns over generic d

i'll tell you someone who will be feeling the pain, jon corzine, the market regulator, saying we are leveling charges against you, this over the use of a billion dollars worth of customer funds. we talked about this story but the former new jersey governor is facing charges now over what happened at mf global, brian. >> geoff, a lot more people are doing stuff mobile, making payments and soen and so forth, but the truth you need to know, it ain't free. >> that's the issue, isn't it? a lot of people got used to free banking. the banks are looking for ways to try to rebuild their balance sheets. it looks like mobile banking is in the cross hairs on this one. and they're going to start incrementally i think introducing fees, 50 cents here, 50 cents there if you want to check on your money. birmingham alabama regents financial brought a tiered payment structure out, so it looks like which ever way you go on this story, some of the banks are going to start taking money out of your pocket for the banking services they provide on mobile, brian. >> geoff, thank you very much. have a great we

the simple action against jon corzine.ayor rudy giuliani joining us in a fox business exclusive. don't go anywhere. ♪ and i want to make things more secure. whirring ] [ dog barks ] i want to treat mo dogs. ♪ our busess needs more cases. [ male announc ] where do you want to take your business? i need help selling art. [ male announcer ] from broadband to web hosting to mobile apps, small business solutions from at&t have the security you need to get you there. call us. we canhow you how at&t solutions can help you do what yodo... even better. ♪ caeverybody has different... ideas, goals, appetite for risk. u can't say 'one size fits all'. it doesn't. that's crazy. we're all totally different. ishares core. etf building blocks for your personalized portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus, which inudes investment objecve risks, charges and expenses. read and consider it carefully before investing. risk includes p

. >> dan: federal regulators are suing jon corzine. when he ran m.s. global he misused a billion dollars in fund. most of the money has been returned. >> just because george zimmer has been fired from the men's warehouse doesn't mean you won't see him. you will see him guaranteeing that men will like the way they look for the next four years. he has to pay him for $250,000 for that right whether it uses him or not. and when zimmer was with the country he got $10,000 appearing for in those spots. we'll see if the company continues to keep him on the air. >> america's cup races begin in one week and they are trying to calm the waters. teams are appealing changes to the rules but the today's. event's ceo that racing will begin on time. mark matthews with more. >> you see how the new zealand boat is flying both hulls out of the water, when design rules they did not anticipate these boats. new zealand figured out ho to you do it and they have led the competition. other teams have adopted the wing like foils and then add them to the rudders and it's called e

jon corzine could be facing charges.ports the commodity trading commission plans to approve a trading lawsuit as soon as this week. nike shares are running higher after deutsche bank initiated coverage. scandinavian airlines is planning to order 12 new planes from airbus. $3.3 billion. that is the latest from the fox business that work. giving you the power to prosper. ♪ dennis: gene simmons is not just another pretty face. ♪ i want to rock and roll all night ♪ dennis: he has now gone into the restaurant business. look who is here, none other than gene simmons himself. thank you so much for being with us. >> when i was playing with, i created this thing. i did it when i was holding my pick, i waved my audience. dennis: that is how it happened? >> nonsense. people thought it was the double side. it actually means i love you in sign language. write that down. dennis: do you own them all out right? >> the answer is yes. i am not here to look for a dime from anybody. rock and -- we ant to make it an experience. dennis: you a

today's shareholder meeting at whether you should -- the feds go after former new jersey governor jon corzine over allegedly misusing customer money. we will have reaction from former new york mayor rudy giuliani. bridgewater all weather fund which was supposed to drive in any market conditions is underwater. what does it mean for all those pension funds? we have a special report. "countdown to the closing bell" starts right now. ♪ liz: it is 3:00 p.m. eastern time. the last hour of trading. good afternoon, everyone. what a difference 24 hours makes. in america right now, sales of new family homes rising to their highest level in nearly five years. rising 2.1%. that is according to the commerce department. the case shiller index. this shows home prices. existing home prices in 20 agile politician areas rising 12.1% in april from just one year ago. what about the names behind all of this? the stock is up nearly a full percent. let's take a look at how the other homebuilder stocks are reporting. what do you see with these sales? wanted to get you what we promised you. up about 3%. kb homes movi

liz: according to "the new york times" federal regulators finding a civil lawsuit against jon corzine over the collapse of mf global. if found liable, former goldman sachs bigwig could face millions of dollars in fines and a lifetime ban from trading commodities. david: carnival cruise lines will split the role of ceo and chairman of the board. the move would seize mickey erickson, give up the reins after 34 years. liz: americans electric bills are expected to shrink this summer. average u.s. household will pay $395 for electricity in june, july and august. 2.5% decrease from last summer's bill. let's heated up. "after the bell" continues right now. let's get the action gging, financial strategist says stocks are still the best game in town, and in the pits of the cme. congratulations to the blackhawks. every trader wants to say that right off the top, so congratulations, they win the stanley cup in the market wins today at least for the bulls. >> that it's right. recall the good old days when europe was th a lightning rod fr the markee absorbing all of the energy and focus. we have a

are you guys charging jon corzine with civil fraud? >> no.charging him with is a violation of the law with regard to segregated funds. segregated funds our customer money. >> reporter: and know that. >> that money is supposed to be sacrosanct. it is a violation of that. >> reporter: a lot of people would say that this is pretty weak tea. if you cannot charge a ceo of a company that obviously misused funds, i mean, you can borrow customer funds. you just have to put it back that day. we all know that. >> no, you can't. no, charlie. you cannot use customer funds. >> reporter: and not going to argue about the law. >> good. i know what i'm talking about. i know when and talking about. >> reporter: why is it that you're not charging him with fraud? if this guy did which would you guess it is so bad i elsie a fraud charge. it seems outrageous. it is not just me. i have been inundated with e-mails from mfglobal customers who still have not gotten their money back and by the way. some people and 70% on the dollar. you guys hit him with a charge that

. >>> jon corzine facing charges for mf global. not act in good faith when he ran the company, violating his obligations to keep an eye on what was happening. he bears some responsibility for the firm's demise in 2011. the lawyer causes the charges meritless and says his client did nothing wrong. >> governor to senator to run thg big firm, then running it into the ground. really, really a big story there. controversial comments from the governor of texas directed at the state senator whose filibuster stopped them from adopting the toughest, strongest abortion laws in the nation. he mentioned wendy davis as he argued the regulations are necessary. >> she's the daughter of a single woman. she was a teenage mother herself. she managed to eventually graduate from harvard law school and serve in the texas senate. it's just unfortunate that she hasn't learned from her own example that every life must be given a chance to realize its full potential and every life matters. >> davis was called the statement without dignity. the state senate

you can look alta year ago and see jon corzine asking for his resignation there.the republicans have treated with disrespect, calling him incompetent, questioning his intelligence. he's a columbia law grad. he's obviously quite intelligent. the danger for republicans is overplaying the hands and making it look like a witch-hunt and not about the recent issues at hand. >> justin, you get the last word. >> this is not a partisan issue, this is an american issue. eric holder is the top law enforcement officer in the administration. the republicans and democrats should expect the highest level of ethics and transparency. if they don't get that, the republicans and democrats should demand that he go. >> we will see if we get some answer this is week. >> great to be here. >> thanks, heather. >> >> eric: heather, coming up, he was held in iran, an iconic american hostage. but did you know that by law, they can't squeeze the iranians for a nickel. here next, bare rosen and his wife on a fathers day push by the victims' families to make iran pay up. justice for the hostage

the ftc charging former mfglobal ceo jon corzine.governor of new jersey for allegedly misusing $1 billion in customer funds as the firm collapsed in 2011. mfglobal agreeing to settle all charges and pay a $100 million penalty. the big story on gold breaking down. check this out, down $18 to 1211 and $0.60 per ounce, the lowest level in about three years. crude oil gained a dollar 55 per barrel selling above $97. in the bond market the yield on the 10-year falling under turn a half percent. breaking news, a federal grand jury returned a 30-count indictment against boston marathon bombing suspect dzhokhar tsarnaev, charging 19-year-old with using weapons of mass destruction and killing four people. the indictment alleges he and his brother download instructions on building a homemade bomb from a website. dzhokhar tsarnaev also charged with 15 state-level criminal counts stemming from the slaying of an mit police officer and a carjacking during the getaway attempt that left his older brother dead. he faces a possible death sentence if c

ledger, a paper that endorsed the independent candidate in 2009 for chris christie and his opponent jon corzine wrote a scathing editorial that wrote, skillful political spin obvious to all. christie defended himself at a press conference yesterday afternoon. >> i don't know what the cost is and i, quite frankly, don't care. i don't think you can put a price tag on what it's worth to have a person elected to the united states senate and i'll do whatever i need to do to make sure the costs are covered because all of the people of the united states are not going to be punished for it and we're not going to be penny wise and pound foolish. my colleague, steve kornacki, and sean trende is the senior election analyst for real clear politics. gentlemen, thank you. i've done the calculation. what is going to happen, because of this election being held in october, being held three or four weeks before the normal time when christie is running on november 5th, six senate days will occur. in other words, calculating $24 million, cost of the elections, we'll be able to get a guy in there, a woman in there

. >> federal regulators going to sue jon corzine. he ran the firm until it went bankrupt in 2011.approve the lawsuit as soon as this week. >> i'm going back to the grades. it's interesting. >> i have been asking the biggest minds in weeks. i was surprised how high it was. when you ask somebody who doesn't have a job, they say f. somebody who made money in the stock market, a. b minus now. next year is when we are all going to feel the recovery. >> a d for europe. >> right. >>> 26 minutes after the hour, an officer is under investigation for what he made a woman do during a routine traffic stop. the bra shake. was he doing his job or did he cross the line? let's play: [ all ] who's new in the fridge! i help support bones... [ ding! ] ...the immune system... [ ding! ] ...heart health... [ ding! ] ...and muscles. [ ding! ] that can only be ensure complete! [ female announcer ] the four-in-one nutrition of ensure complete. a simple choice to help you eat right. [ major nutrition ] nutrition in charge. a simple choice to help you eat right. they're coming. yeah. british. later. sorry.

power can be steep and swift and no one knows that better than former new jersey governor and juror jon corzine be facing new legal woes from yet another government agency. all that and more. maria and i look forward to seeing you at the top of the hour on "closing bell." meanwhile, more "street signs" coming your way after this. [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ bjorn earns unlimited rewards for his small business. take these bags to room 12 please. [ garth ] bjorn's small business earns double miles on every purchase every day. produce delivery. [ bjorn ] just put it on my spark card. [ garth ] why settle for less? ahh, oh! [ garth ] great businesses deserve unlimited rewards. here's your wake up call. [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose double miles or 2% cash back on every purchase every day. what's in your wallet? [ crows ] now w

the star ledge err, a paper that endorsed the candidate in chrie jon corzine wrote a scathing editoriallf in a press conference yesterday afternoon. >> i don't know what the cost is and i quite frankly don't care. i don't think you can put a price tag on what it costs to put someone in the united states senate and i'll do whatever i need to do to make sure that those costs are covered and we're not going to be penny-wise and pound foolish around here. >> christie did the right politics for him. that is, if he runs for president, nobody will remember what happened today. my guests, steve kornacki and analyst for real clear politics. gentlemen, thank you. what's going to happen, because of this election being held in october, being held three or four months before the normal time, six senate days of session will occur. in other words, calculating $24 million for the cost of these elections, we'll be able to get a person in there. that's $4 million a day, steve, to have a senator come in a month early. he's good at explaining things but 4 million bucks a day to have a senator on the floor

fairly small nuances here, but there's no nuance in taking segregated customer accounts, and yet jon corzine still hasn't had anything to do. he took $1.5 billion, the regulars were sitting in the room watching them, multiple regulars, and not one thing going. so we're having this protracted discussion here today on should the regulations be tweaked here or tweak there. if we can't know the regulators accountable, i will guarantee you it does not matter if too big to fail is in place or it's not in place. with the regulars will have in their discretion in your terms, their discretion to determine whether or not think should be duncan was that they should get bailed out, and there's nothing that we as the american people, the taxpayer can do. and i just, these are the things that are making people furious out there in the streets. they get stuck for people who have wronged every single bit of profit they can on risky adventures, and then the taxpayer gets stung with it and i will guarantee you this whole system has got many, many problems ahead of us if we don't get this right, if we continue

first this, regulators mrapg a civil lawsuit against jon corzi corzine, mf global. vice-president joe biden wasn't accurate when speaking about his track record. >> literally the first guy i call is jon corzine, not a joke, not a joke. because first of all, he's the smartest guy that i know in terms of the economy and on finance and i really mean this. clients are always learning more to make their money do more. (ann) to help me plan my next move, i take scottrade's free, in-branch seminars... plus, theilive webinars. i use daily mark commentary to improve my strategy. and my local scottrade office guides my learning every step of the way. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade... ranked "highest in customer loyalty for brokerage and investment companies." you are gonna need a wingman. and my cash back keeps the party going. but my airline miles ta it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online creditcards.com

. ♪ ♪ bill: federal regulators filing federal charges against jon corzine.accused of misusing a billion dollars in mf global, the company he headed after leaving office. >> a desperate search for a ship that disappeared off the coast of new zealand. people across the western u.s. struggling to stay cool. temperatures soaring across that region. death valley, california can reach 130 degree. if you are in it, you need to stay cool. martha: the u.s. park police are under scrutiny after a scathing unspector general's report says they lost track of thousands of rifles, machine guns and handguns. what led to this? >> reporter: it started with bean anonymous complain that led to the department of entire dwroar take an inventory of military-style weapons. they realize the large supply of rifles and handguns are completely unaccounted for. some even being taken home by officers. the synopsis read we found that staff at all levels had no clear idea of how many weapons they maintained due to an incomplete and poorly managed inventory control. investigators found that

. >>> the cftc is looking to jon corzine for the collapse of global and the misuse of consumer funds.eople expected but a big move. >> yes, kelly. two years after mf global declared bankruptcy, and legal battles still continue focusing on jon corzine, and now they will considering civil charges for the executive for critical oversight at the time of the bankruptcy. they say that the charges were close to being dropped and denying opportunities to settle which is an unusual move. the agency had been working in concert with the department of justice and the likelihood of the ftc charges does call into question the involvement of the d.o.j. on the enforcement action. both agencies were investigating corzine over the customer funds in the firm's final days. more than $1 billion is unaccounted for after they tried to sell itself, and avoid bankruptcy. with plans of the upcoming charges, corzine defended himself saying that not only has he not engaged in wrongdoing, but he didn't know that the funds were being misused. the rep said that in the final week mr. corzine was not informed nor giv

. >>> and in washington the feds taking aim at jon corzine, former senator and governor, for the 2011lapse of his brokerage firm, mf global. regulators suing corzine, saying his misuse of $1 billion in customer funds ultimately led the company to bankruptcy. jenna: right now, an uncertain future for immigration reform in washington even after the senate passed comprehensive legislation calling for path to zship for millions of illegals. the fate of the bill is anything but guaranteed in the house. carl cameron joins me from washington with the latest installment of how the immigration reform turns, right? carl, every day we're wondering what is the next step. let's talk about the house, what happens? >> reporter: well, the senate bill that passed last flight probably isn't going to fly very well in the house. it's essentially grounded. house republican leaders have said they're not going to consider the senate bill. realistically, the senate passage last night marked about one-third of the way through this process. anything that does pass through the house is going to be far more cons

. >>> jon corzine has responded to the civil charges filed by the trading commission against the former allegations. corzine did nothing wrong and looks for vindication in court. they accuse edith o'brien of being key actors in the collapse and the misuse of customer money. >>> cnbc learned the s.e.c. is investigating the relationship between thomson reuters and supply management. they are reportedly examining whether anyone got advance access to the manufacturing data. last year thompson and ism signed a deal over high speed line and investors willing to pay for quick access to the information. the many s.e.c. probe is in the early stages and may not result in any action. thomson reuters stock up a third of 1%. >>> google is looking to branch out beyond smartphones and tablets. "the wall street journal's" suggests the company is working on a video games console and digital wristwatch powered by sell the devices itself and released at least one of them this fall. google's stock just down slightly. >>> meanwhile, european equities, mixed session today. the ftse 100 yesterday was up about

regulators are reportedly set to file civil charges against the former mf global ceo jon corzine as soon's collapse in 2011 and misuse of customer money in its final days. investigators discovered more than $1 billion in client funds went missing. "the new york times" reports that the commodity futures trading commission, the cftc, is not giving corzine an opportunity to settle the case, meaning that it could drag on for years. corzine and his management team, they have not faced criminal charges. >>> as said, edward snowden's world tour appears to be stalled for now. the former u.s. contractor who leaked details of the nsa's top-secret surveillance programs didn't board his flight from moscow to cuba on monday. wikileaks's founder, julian assange, says that snowden is safe, but he wouldn't elaborate. snowden is seeking asylum in ecuador, but a high-ranking official tells the "associated press" that ecuador's ambassador to russia hasn't seen or spoken with him. >>> the irs has scrapped so-called be on the lookout screening lists that it used to scrutinize conservative and tea party group

you know this whole fallacy of, it's going to save money, well, jon corzine replaced himself and didn'tthe need to call for a speciallation. and i don't think any responsible governor at this point would call for a special election that would cost $10 million in light of everything i said before. this is garbage. it's garbage. it's political lying. is what it is. >> lying? >> lying, yes. >> how is it lying? >> how is it lying? you think that's john mckeon's instent? he woke up and decided, i'm worried a governor might call a special election for a senate race and that might cost $10 million, so let me put a stop to that potential taxpayer waste immediately. >> john mckeon was the assembly man proposing the rule. the intent was to keep the seat democratic, it was not to save money for the taxpayers but christie's saying, look, this is a political thing on their part and in terms of cost you don't have to worry about it, i would never do that and he did it. in his defense, it's not wasting $10 million it's wasting $11.9 million. i wonder, i look at this, i look at there's a jon stewart te

jon corzine has been charged.ssion wants the former governor of new jersey also a former senator banned from the futures industry from life. >>> we learned the fifty shades of grey movie will debut on august 1, 2014. no word on who's been cast for those roles. >>steve: she's used to sharing her life with the fans of real housewives on beverly hills but model yolanda foster has been opening up and sharing more lately about her difficult battle with chronic lyme disease. she was recently awarded for her efforts by the lyme research alliance. yolanda foster is here in our new york studio. good morning to you. we were just chatting and i'm a little surprised. i would figure since you're on "real housewives" and because they've got a number of franchises, they've got new jersey, atlanta, stuck like that, you don't really keep track of the other shows, do you? >> no, i don't. life is busy with my children, my husband. there's a lot of real-life things going on. watching tv is not one of my favorite things. >>steve: i un

. >> steve: $1.6 billion vanished without a trace under jon corzine's watch at mf global of the thisd former democrat governor of the state of new jersey could face charges before the week is out. "wall street journal" reports the commodity futures trading commission told corzine's lawyers it is urging civil charges be filed. the suit must be approved by the agency's commissioners. that could happen as early as this week. former treasurer o'brien could also be charged in the case. >> tucker: well, maybe some radford university officials need to head back to class. they sent out diplomas, thousands of them with two spelling mistakes. the first mistake is the word virginia. turns out there is an i at the end. they had no idea about that. and then further down the word thereto is missing an e. students are let down. >> just like this, big old envelope sitting on top of my mailbox. i was all excited, called my parents. immediately took it out. >> tucker: university officials blame a computer glitch. it turns out those are not hand drawn by a calligrapher it's like the inverted jenny stam

"new york times" reports that federal regulars are set to sue jon corzine over the collapse of mf globalrokerage firm's misuse of -- anti-brokerage first misuse of public money during its final days. the former new jersey governor and u.s. senator ran the firm until his bankruptcy in 2011. the commodity futures trading commission plans to approve the lawsuit as soon as this week tom the agencyre move, i has informed mr. corzine's lawyers that it aims to file the civil case without offering him the opportunity to settle. it sets up a legal battle that could drag on for years. economic is from the commerce department is our shows orders for durable goods increased 3.6% last month, matching april's gains. most of the increase is due to a surgeon to marshall aircraft orders -- a surge in commercial aircraft orders. ,tock futures already higher suggesting that stocks may recover from the recent selloff. the head of the opening bell, dow futures are up about points. turning to the environment, president obama is set to propose steps to limit pollution from coal-fired power plants and boost ren

and the "washington post," future trading commission charged former new jersey governor jon corzine in the role in the collapse of mf global. he's responsible for misplacing more than $1 billion in company cash when it ran into financial problems in 2011. the agency says it wants a trading and registration ban on corzine as well as restitution and penalties. that is quite a story. >>> and the "usa today," the average rate of a 30-year mortgage loan rose to 4.46% making that the highest average in two years and the largest weekly increase in over a quarter of a century. the rates are still pretty low which could lead to more potential buyers to committing now instead of waiting for those rates to rise again. >>> and from nbc news, one amusement park in mexico is offering ride stimulants, a ride that simulates what it would be like to illegally cross the border into the u.s. the ride offers a three to four-hour night walk which takes visitors -- >> no way. >> on a simulated border crossing complete with fake smugglers, barking dogs and a fake border patrol officer, according to the park.

jon cor design over the classic mf global. the "new york times" says this involves the misuse of customer money during its final days. corzineoup until it went into bankruptcy. >>> went to college but now bar tending? a new study from northwestern university says 36% of new college grads are doing jobs that don't require a degree. in 2000 it was 28%. economists call this phenomenon the malemployment rate. third of college grads working way below their potential. >> more people are, kids are going to college? >> it's true but some of the degree categories, half of the kids are working as a barista. choose wisely, parents. >> anyone in college just starting their summer vacation they're like thanks. >> they're not up right now. it's their parents who are watching. >> instruction about employment specific train something a real one. >> absolutely, picking the right major. you have to pick the right major especially with the student loan debt. >> malemployment, what is that? >>> hell hath no fury like a chairman scorned. george zimmer resigned from the board of directors after he was fired. he may be plotting a comeback and pond