keating, how soon can you make bail?ing's failed lincoln savings of california had been defueled by worthless bonds. the majority bought by seniors, many losing their life savings. >> charles keating was convicted in two trials, but both of those verdicts were overturned, and then he pled guilty to avoid a retrial and was allowed out for time served. >> the climate had gone from celebrating the excesses of wall street to condemning them pretty quickly. >> tonight's headline, milken pleads guilty in what may be the largest individual case of fraud ever to rock wall street. a case which ended in a plea bargain with the government. >> judge kimble wood said the crimes merited his removal from society. she sentenced the one-time king of wall street to ten years in prison. >> he didn't go in for anywhere near that. he did go to jail for just under two years. i'm confident when he left, he was at a minimum a billionaire, quite possibly a multibillionaire. >> the game of monopoly could have been invented for donald trump. but m

we are back with catherine keating of commonfund.fore the break, we were talking about helping your clients manage the dips and pullbacks we have seen. flexibility seems important at that stage -- having such a huge chunk of assets tied to alternatives doesn't seem right. catherine: so the answer is it all depends. one of the things i said earlier is every investor needs to know where they are going and our investors know they need to distribute money. the worst thing that could happen is a big draw down and then having to reverse distribution. instarted market corrections 2001, 2008, and others as well. we have learned it has taken about two and a half years for the endowment to recover to the point where they are making the same level of distributions as before. do withare trying to asset allocations is see if we can shorten that -- shorten the period to when you get back to making the same level of distributions. what we have found is we have to change the asset allocation just they bit, just tweaks to get there, and interestingly

let's go to phil keating live in florida with the very

michael keating in edinburgh there's concern especially within the european union a contagion effect that movie in europe could seek to establish their own states do you think that what happened in spain in catalonia could happen in france in corsica for instance. well i live corsica to my colleagues that's been explaining it but in fact there are very few separatist movements in europe scotland the catalonia a lot of hard referendums have separatists parties in government and that is about it what we're seeing elsewhere is the rise of regionalism and autonomy which is not quite the same thing and the two italian cases you mentioned are regions looking for autonomy within italy they there was a separatist movement of the leg an order around the notion of danny that has been pretty much abandoned even in spain the basque so moving away from separatism towards negotiating more autonomy which is where we are in scotland now this is got a lot to do with european integration it's got a lot to do with globalization and the feeling in these territories that they don't really need the centra

phil keating has picked up a lot on this as well. there's two tracks.rack of that family that had taken him in after his mother passed away in november. there was a young person that lived in the home as well. they attended school together. the sense from the family that we're getting from the attorney they have, they had no idea at all that anything like this could possibly happen. they did acknowledge he had the weapon. it was kept lock as phil reported. because he's a young adult, they didn't see an issue with that. we heard from a number of students that knew of him and knew of his preoccupation with guns. in their view, an unhealthy preoccupation with it. in fact, there was some reporting as well that before he was expelled from the school and sent off to an alternative school, that the school at least was made aware this is someone that we should keep an eye on. >> shepard: it was about 4:00, 4:30 yesterday afternoon and one of your reporters started interviewing a young boy. he said i know this guy. i was watching it going, this seems real but ho

phil keating is on the scene right now with the very latest. good evening, phil. >> good evening, bret. this day, absolutely catastrophic in the words of the broward county sheriff scott israel who perhaps within 15 minutes is expected to come out here and update the media on this horrific day in broward county, especially for the families of what have been confirmed by multiple people of multiple fatalities. we don't know the total number at this point. in the distance, you can see we are about a quarter of a mile from the high school. marjory stoneman douglas high school. four grades, 3,000 students, described as your everyday american high school by students i've spoken with. you have the bomb squad down there. fbi mobile command center. hundreds of law enforcement vehicles are here and no traffic can get closer to the high school. nearby hotels and elementary schools. that's where some of the evacuated students have been taken to rendezvous with their parents in a very panic-filled three or four hours this afternoon. all of this happening a

going back to phil keating, fox news phil keating, having new information on this tragedy. >> hi, tucker, behind me is marjory stoneman douglas high school, the scene of the catastrophic school shooting. 17 total fatalities, governor rick scott has arrived from tallahassee. he is at the command center. as you can imagine the crime scene is massive. he is being briefed by the lead investigative agent from the sheriff's department as well as sheriff scott israel, the fbi is here as well and multiple law enforcement agencies. he's going to get briefed on exactly the status of the situation.rc the school will be remained closed for the next two days for the rest of the week. 12 of the fatalities remain inside the school, the total count is 17 fatalities. we do not know the mix of students and teachers, whether it was a majority of students as one would presume in a school shooting, but senator bill nelson of florida said earlier based on his briefing with law enforcement the sheriff as a 19-year-old -- that the suspect identified by the sheriff as a 19-year-old nkolas cruz. a former student,

we had to go long with phil keating. we will bring charlie hurt back with us in the next hour. we're coming right back with the latest out of florida. roads nowhere to be found. and it's exactly what you're looking for. (snap) achoo! (snap) achoo! achoo! (snap) (snap) achoo! achoo! feel a cold coming on? zicam cold remedy nasal swabs shorten colds with a snap, and reduce symptom severity by 45%. shorten your cold with a snap, with zicam. hi, i'm the internet! you knoarmless bowling.lt? ahhhhhhhh! you know what's easy? building your website with godaddy. get your domain today and get a free trial of gocentral. build a better website in under an hour. copdso to breathe better,athe. i go with anoro. ♪go your own way copd tries to say, "go this way." i say, "i'll go my own way" with anoro. ♪go your own way once-daily anoro contains two medicines called bronchodilators, that work together to significantly improve lung function all day and all night. anoro is not for asthma . it contains a type of medicine that increases risk of death in people with asthma. the risk is unknown in cop

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in parkland, florida, phil keating, fox news. >>> jet blue airways offering free flights to ft.auderdale for family members who lost people in that latest florida school shooting. the airline says its staff is quote deeply saddened about the shooting at marjory stoneman douglas high school and deeply honored to be able to help out. jet blue will provide access to free ground transportation with lyft and also hold a blood drive. survivors of orlando pulse nightclub shooting held a blood drive in honor of the 17 victims from wednesday's school shooting in parkland florida. heather gustav son has the story. >> reporter: from orlando to park lapped -- my god. so sad. so sad. >> reporter: two tragedies separated by 200 miles. bringing together dozens at the pulse nightclub memorial some searching for answers. others remembering those taken too soon. >> it's two years already. but you still feel. >> reporter: one visitor lives in kissimmi but today she brought her family to the memorial. >> i want to show them what happened here. >> reporter: because six years ago on december 14th, he

>> harris: phil keating thank you very much. president trump i mentioned on top of the show will meet with a group of bipartisan lawmakers tomorrow to talk about gun legislation. but efforts in the senate have already hit a road block when attempts to fix the national background check system encountered resistance from both political parties. and there are now growing questions about whether or why the president would appear to be backing off slightly from the idea of putting age limits on some firearms. let's bring in the white house principle deputy press secretary raj shaw. joining us now on a beautiful day in washington, d.c. outside the north lawn. i want to start with the sheriff's department in florida. >> right. >> harris: this is a place where i felt the white house has felt strongly. is there any way that the white house might put its voice into the conversation and what is the conversation going on inside the white house about it? >> well, harris, thanks a lot for having me on. the president has expressed his view on

phil keating is on the scene right now with the very latest. good evening, phil. >> good evening, bret. this day, absolutely catastrophic in the words of the broward county sheriff scott israel who perhaps within 15 minutes is expected to come out here and update

fox news correspondent phil keating is reporting for us tonight. reporter: two days, a mass actor that fbi warned could happen, they admit they failed to properly handle on a january 5 tip from a person close to nikolas cruz, about his gun ownership and desire to kill people, specifically a school shooting, it should have been forwarded up to miami field offers, it was not. 5 weeks later, 17 students, and teachers are dead. >> on behalf of myself and over 1,000 employees of miami field office, we regret any national l pain it caused. reporter: in a rare slap from attorney general to fbi jeff sessions released a highly critical admonition, it is clear that warning signs were there and tips to fbi were missed. we see the tragic consequences of those fai failures, florida governor rick scott taking outrage further. >> the fbi's failure to take act against this killer is unacceptable. 17 innocent people are dead, and acknowledging a mistake is not going to cut it. the fbi director needs to resign. also in september, the fbi was unable to trace a source

lauren: let's go to phil keating and parkland, florida for more details.eporter: one of the worst school shootings in modern times. the worst absolutely in broward county history. >> 17 confirmed that dems, 12 it comes within the building. two victims outside the building, one on the street at the corner of pine island and to folks, people lost their lives at the hospital. reporter: the shooting started around 2:30 in the afternoon school was about to end. on the website of broward county northwest of fort lauderdale. students reported a fire alarm being pulled and then i suspect, a former student, not a current student identified as 19-year-old nicholas cruz started opening fire by students and teachers started fleeing. within an hour and 15 minutes, debt student, former student, nicholas cruz, was arrested nearby at a house where he was living. he was wearing the exact descriptive clothing identified by people inside the school. black cat, burgundy shirt and black pants that the suspect was treated, has been released and is in custody being processed. >>

. >>> as teachers return to campus, phil keating has more.>> reporter: teachers and staff arriving at stoneman douglas high school nine days after mass shooting left 17 dead. a dedicated to meeting staff members needs with support services available. >>> eventually we will have to move on, i have mixed emotions going back. >> we go from feeling angry to set in him. 4 the reopening comes a day after scott israel announced the armed officer on duty at the school never went inside to engage the shooter. he has been placed under investigation and has chosen to resign. the sheriff said if not the only disciplinary action being taken.>>> i'm -- i restricted to mac deputies while we delve further into this and to make a decision whether they could have done more portion of dunmore. 4 the shooting officers in action have rekindled the debate about arming staff, many students and teachers were rejecting the idea of guns in the classroom. >> you shouldn't be responsible for protecting the entire school. >> the idea of arming teachers is ridiculous.>>> others especially those in law enforcement

more from phil keating in parkland. >> reporter: teachers are getting back at marjory stoneman douglas high school nine days after a gunman killed 17 people in a mass school shooting. school officials say they are taking their time with the re- opening, providing counseling and other resources to faculty and staff making sure this transition goes as smooth as can be. >> folks coming together, reconnecting, and going through the healing process as we re-open school and work to get back to some level of normalcy. >> reporter: a top priority for teachers and lawmakers, keeping the students safe. florida governor rick scott announcing a major new initiative. $450million in new spending to add mandatory law enforcement officers in every school and another $50 million for mental health initiatives. the governor also proposing a number of measures that would make it more difficult for people with mental health issues to get a gun. >> the goal of this plan of action is to make massive changes in protecting our schools, provide significantly more resources for mental health, and to do everythin

fox's phil keating is in park land with their emotional return. >> reporter: teachers are getting back to work, nine days after gunman shot 17 people at a mass school shooting. school officials say they're taking their time with the reopening providing counseling and eerie sources to faculty and staff making sure the transition goes as smooth as they can be. >> folks coming together reconnecting and going through the healing process as we reopen the school and get back to some level of jane norman yeahs -- level of normalcy. the governor is adding funding for mental health initiatives and adding officers to schools. he is proposing measures that it would make it more difficult for people with mental health issues to get a gun. >> the goal is make massive changes in protecting the schools providing significantly morrow sources for mental health and to do everything we can to keep guns out of the hands of those dealing with mental problems. >> reporter: new gun control measures also being discussed on the federal level with the president set to meet with the nation's governors on monday

more now from phil keating in parkland. he. >> reporter: he faced a florida magistrate this afternoon 24 hours after allegedly shooting and killing 17 boys, girls and faculty at the high school that expelled him last year. cruz is charged with 17 counts of premeditated murder and will remain held in broward county custody. unlike other mass shooters who took their own lives, investigators say he tried to escape putting down his assault rifle and blending in with fleeing students from marjory stoneman douglas high school. s.w.a.t. teams, police and deputies cleared out each classroom one by one rescues terrified students and teachers who barricaded themselves and hid in a closet. >> today is not easy. ought victim's families have been notified. >> reporter: the fbi confirmed it was alerted to the suspect four months ago from this youtube poster who claimed someone with the same name as the suspect said, quote, i'm going to be a professional school shooter. >> i knew that i couldn't just ignore that. so i screen shotted the c

phil keating is in parkland, florida, again tonight. >> are you nervous? a little bit. >> are you scared? >> yes, a little. >> a sunrise like none before. difficult new beginning for the thousands of students returning to class since the worst high school shooting in u.s. history. >> i think it's going to be sad, especially because we are starting the day in the classroom that it happened. >> macy, her sailor, and friend arrived apprehensive about readr 17 students and staff were gunned down on valentine's day. >> i still think i am in a nightmare. i think i'm going to wake up and everything's going to be normal. >> hundreds of police officers showed up, a dramatic show of support and protection for the kids who began the day and fourth period, the very classrooms they were in one former student and confessed killer nikolas cruz went classroom to classroom with his assault rifle unloading 150 bullets. >> she got murdered in the building over there. >> andrews daughter meadow, one of the 17 not returning. >> we need to make sure our kids are safe. we failed

phil keating fox news. >> want a birds eye view of the grand canyon.to get that spectacular view. >> and what's that smell might be bad breath. millennials are slacking when it comes to brushing their teeth ♪ >>> so you say you want a birds eye view to the grand canyon. now you can get one while zipping, ziplining right across it it's open and ready for you to zip zip away. adventure seekers getting a chance to soar through the air at speeds up to 50 miles an ho hour. the first zip line is just over a thousand feet above the canyon. >> we actually thought of making a zip line two years ago. so it took us two years to do site planning environmental and biological assessments to develop what is now grand canyon zip line. >> that is not on my bucket list. [ laughter ] >> how much will it cost to you fly across the canyon? operators say about $89 per person. not bad. attraction will be open that 17 days a week beginning this summer. >> very cool. but i think i'll have to pass. >> no. >>> a trip to the dentist may be in order for millennials who according t

>> shepard: phil keating in parkland. thank you.ol hill where lawmakers are calling for changes to the country's gun laws. mike emanuel is live there now. mike? >> shep, good afternoon to you. i should note that we have students from parkland, florida that are making the rounds demanding action from lawmakers. we got video some of of the students going to paul ryan's house. they're not speaking to reporters and going face to face to lawmakers at a time when gun measures are being debated. the one with the most bipartisan support is on strengthening background checks. it's backed by john cornyn and democratic senator chris murphy. it would offer rewards to ago it ises to get them to send information to the criminal background system. >> what senator cornyn has suggested is take something that we all agree on, not claiming it's a panacea, but show some progress towards dealing with one element of the problem. >> mcconnell said the focus of the luncheon was on school safety and not on firearms. >> shepard: what else are democrats sayin

phil keating is live from west palm beach in florida where the president is spending the weekend. >>reporter: hi julie. super bowl weekend in palm beach county. the president is affected too soon be wrapping up his round at the nearby trump international golf club down the street. having arrived there roughly 4 hours ago. not so sunny here today but not nearly as stormy as the nation's capital which the first family left behind. as we are now amid memo fallout weekend. on the way to the golf club president trump tweeted this, this memo totally vindicates trump in pro but the witchhunt goes on and on. there was no collusion and no obstruction. the word now used because after one year of looking endlessly and finding nothing, collusion is dead. this is an american disgrace. that was then followed shortly thereafter by this tweeted report by the ranking democrat on that house intelligence committee. quote, fight the opposite mr. president. wrote adam schiff. the most important fact disclosed on this otherwise shotty memo was fbi investigation began july 2016. with your advisor. papad

corresponded phil keating is on the scene and he joins us live. >> good evening. the high school is about a quarter-mile behind me. it remains in the dark. all inside and outside, it's a massive crime scene this evening. 12 of the seven fatalities remain inside the school, as the crime scene is being processed. eventually they will be removed. five of the 17 as of an hour ago had still not been positively identified. that is simply because they didn't have i.d. on them. the chaos of running from the classrooms into the hallway and dying in a hail of bullets from the alleged suspect, a former student expelled from this exact high school last year for disciplinary reasons. identified by investigators as a 19-year-old nikolas cruz. according to them, around 2:30, pulled the fire alarm, that was to engage students and teachers as they ran outside for what many thought was a drill but turned out to be not a drill whatsoever. and then started shooting, trying to take the highest death toll he allegedly could. that is 17 shot and killed. 12 inside the school, two outside

phil keating in parkland, florida with more. >> good afternoon, neil. the 4:15 briefing with the broward county sheriff will be the first briefing of the day. this is the longest we've gone without having an update since wednesday afternoon at 2:30 in the afternoon. 150 rounds were fired by the suspect. big news today out of washington d.c., all stunning. number 1, the fbi admitting that it perhaps dropped the ball in this investigation before the shooting even happened. a rare smack down from the attorney general of the fbi and up in tallahassee, florida's republican governor calling for heads to roll. christopher wray acknowledging publicly today that on january 5 the fbi was told by a person close to shooting suspect nikolas cruz about his erratic behavior, love of guns and potential to carry out a school shooting. the fbi's miami field office should have received the information up the chain as a potential threat to life so it could follow up and investigate. it did not go up the chain. miami never heard about it. five weeks later, 17 students and t

julie. >> phil keating in parkland, florida. thank you. >> jon: pressure continues to mount to do something about gun violence after the parkland school shooting. lawmakers unable to reach an agreement on what to do about guns. sarah sanders yesterday. >> the president is planning a meeting for wednesday with bipartisan members of congress to discuss different pieces of legislation and what they can do moving forward in terms of i think the last question you had was the age limit. something still being discussed. a final determination and legislative piece has not been determined on that front yet. >> jon: white house deputy press secretary hogan gidley joins us now with more on the president's plans. thank you for being here. there are some republican legislators have suggested it's time to raise the age limit on buying long guns from 18 to 21. where does the president stand? >> he has been listening to all the relevant stakeholders. we started off with a gut-wrenching moment with the parents and students, surviving students at

in parkland, florida, phil keating, ktvu fox 2 news. >>> and as phil just mentioned, dick's sporting goods has decided to stop selling assault- style rifles at all stores. >> it was prompted by the mass shooting in florida. >> alex savidge is live in santa rosa with the ceo's explanation on taking this stance. alex. >> reporter: good morning to all of you. it certainly is a strong stance being taken by the owner of dick's. he is a gun owner and a strong supporter of the second amendment but he does not want to be part of the problem when it comes to gun violence in the country. he has decided that all stores across the country will stop selling assault rifles like the ar-15, which was used in the florida shooting. in response to growing calls for gun control ceo edward stack said? a statement today, quote, we have heard you. the nation has heard you. he has already decided that his stores will stop selling any guns to people under 21 years of age and they will also stop selling high capacity magazines. it turns out the accused florida shooter bought a gun from a dick's store last yea

fox's phil keating has more on how their preparing. >> reporter: teachers at marjory stoneman douglas high school back at work on monday for planning sessions before wednesday's official return of students. >> it was a little surreal seeing the kids backpacks all in ironies row. >> die not go to my classroom y i'm not ready, no. >> on wednesday students will return for only a half day. >> the broward school superintendent calling eight week of transition. >> there will be a significantly enhanced security and law enforcement presence. that will remain at this school throughout the school year. report roar this coming two weeks after 19-year-old former student nikolas cruz allegedly ubered to the school with his assault rifle and shot and killed 17 people. 15 people were also shot and wounded that day. one of those students survivors was junior matty will forward who spoke monday at an emotional press conference with her first responders all of whom at first thought she was dead. >> i'm so grateful to be here and i'm it wouldn't be possible without those officers and first responders a

fox's phil keating has more from parkland, florida. >> reporter: teachers are getting back to work at stoneman douglas high school. nine days after a gunman killed 17 people in a mass school shooting. school officials say they're taking their time with the reopening providing counseling and other resources to faculty and staff making sure this transition goes as smooth as can be. >> folks coming together, reconnecting, and going through the healing process, um, as we open school and work to get back to some level of normalcy. >> reporter: a top priority for teachers and lawmakers keeping the students safe. florida governor rick scott announcing a may your new initiative. $450 million to add mandatory law enforcement officers in every school and another $50 million for mental health initiatives. the governor also proposing a number of measures that would make it more difficult for people with mental health issues to get a gun. >> the goal of this plan of action is to make massive changes and in protecting our schools. provide significantly more resources for hem health and to do everyt

phil keating, thanks. pressure on congress to do something about guns and school safety after its ten day vacation. one of the first options: tougher background checks. the calendar is always is chock-full. chief congressional correspondent mike emanuel fills us in. >> president trump says he wants action on gun control. >> the president is planning a meeting for wednesday with bipartisan members of congress. >> shifting to a measure by john cornyn and chris murphy to tighten up the criminal background check system. it would keep those with serious records from buying firearms. they want to see what the senate is capable of passing but predicted that congress will act. >> we took action last year but i think you're going to any more legislation. >> the measure was attached to a concealed carry provision for new jersey republican commerce men lance has written paul ryan asking to bring up the background check aspect. house majority whip, a victim of gun violence, focused on mistakes made leading up to the p

>> bret: phil keating, live in parkland, thank you. president trump is offering families and survivors, quote, whatever you need. whatever we can do to ease your pain. one thing he is not offering, at least not yet, a new dialogue on guns. something others are demanding. kevin cork is at the house tonight. good evening, kevin. >> reporter: good evening, bret. the president is expected to visit the high school at parkland. we haven't nailed down the timeline on that visit. as you probably know, his resort at mar-a-lago, he talked about what happened there yesterday and told america's children in particular, you are never alone, and you never will be. >> we mourn for all of those who lost their lives. we comfort the grieving and the wounded. >> reporter: a day after a gunman killed at least 17 people at a florida high school, president trump pledged his administration would act. >> we are committed to working with state and local leaders to help secure our schools, and tackle the difficult issue of mental health. >> reporter: notably, th

phil keating tonight with our report from parkland, florida. >>> reporter: >> reporter: teachers are getting back at marjory stoneman douglas high school nine days after a gunman killed 17 people in a mass school shooting. school officials say they are taking their time with the re- opening, providing counseling and other resources to faculty and staff making sure this transition goes as smooth as can be. >> folks coming together, reconnecting, and going through the healing process as we re-open school and work to get back to some level of normalcy. >> reporter: a top priority for teachers and lawmakers, keeping the students safe. florida governor rick scott announcing a major new initiative. $450million in new spending to add mandatory law enforcement officers in every school and another $50 million for mental health initiatives. the governor also proposing a number of measures that would make it more difficult for people with mental health issues to get a gun. >> the goal of this plan of action is to make massive changes in protecting our schools, provide significantly more resourc

same launch crew that sent apollo to the moon but this rocket's payload is cherry red tess l fill keating> five, four, three, two, one. ignition. >> most powerful rocket on the planet space x's falcon heavy with 27 engines and 5 million pounds of thrust blasted off into space flight history. despite serious concerns that this test night could easily explode epic fire ball it did not. opening up a more accessible solar system for nasa, us military and satellite makers. the rocket also can be equipped with a space x dragon capsule to return astronauts to the moon or fly them to mars and beyond. estimated 100,000 spectators watched the launch from florid florida's space coast the largest crowd since the final space shuttle flight in 2011 and the celebration continued. about five minutes after the launch the two booster rockets separated and returned to earth nailing their returns at landing zone. [ applause ] >> reporter: still unclear whether the sensors core rocket also nailed its landing on the drone ship. ♪ >> reporter: and just for fun, the payload on this test flight was a brand new el

corresponded phil keating is on the scene and he joins us live. >> good evening.school is about a quarter-mile behind me. it remains in the dark. all inside and outside, it's a massive crime scene this evening. 12 of the seven fatalities remain inside the soo

phil keating, thank you. attorney general jeff sessions responds after president trump criticized the selection to head up an investigation into claims of surveillance abuse by the government. chief intelligence correspondent catherine herridge is live in washington. >> reporter: the attorney general issuing this statement that reads in part, as long as i am the attorney general, i will continue to discharge my duties with integrity and honor and this department will continue to do its work in a fair and impartial manner according to the law and constitution. that appears to be a direct reference to the president's tweet criticizing the decision to send the investigation into alleged surveillance abuse to the attorney general michael e horowitz investigating the fbi and justice department's handling of the clinton e-mail case. a former intelligence official who has worked with horowitz said he's a straight shooter and knows the players and is not afraid to call him out. former attorney general just sent a sta