kelly king the c.e.o. and chairman at bb and t. >> tom: markets were led lower >> tom: markets were led lower by commodity prices thanks to a steep drop in the euro and sharp rally in the u.s. dollar. let's start our focus with the euro, falling below $1.30 to the for the first time since january. the euro continued the sell-off from yesterday, when germany came out against increasing a new bailout fund. now that sent commodity prices lower, signaling a classic "risk off" day when traders sell riskier investments like commodities. this c.r.b. index is made of all the major commodity groups and tonight it sits at its lowest level since the september sell- off. metals led the drop in commodity prices. gold fell $76, an ounce-- almost 5%. it settled at its lowest price since july. it wasn't the only metal to fall. silver dropped more than 7%, settling below $30 an ounce. copper and platinum each fell more than 4%. stocks followed the commodity market lower, with the major indices down three straight sessions

kelly king. and we'll get the 2012 outlook from one of the most powerful women on wall street-- our interview with liz ann sonders chief investment strategist at charles schwab. the men responsible for the largest bank failure in history have cut a deal with the fdic. former washington mutual c.e.o. kerry killinger and his top two lieutenants agreed today to pay $64 million to the federal deposit insurance corp for their role in the bank's collapse. the agency sued for $900 million it claimed the executives encouraged employees to take excessive risks. wamu was seized by regulators in 2008 and sold to j.p. morgan chase. >> tom: another big bank has accepted a settlement over mortgage insurance deals. morgan stanley will get $1.1 billion from bond insurer mbia.p its lawsuit agc 2 loan guarant estate. the legal figh mbia doof mnoc rec 2c rec 2noc rec 2noc rec 2 or cuiving in . >> i'm sur you give to quc 2 can be written off on your deductng a me say thiaw i't dona noc rec 2've owned there than a ye

here's what congressman mike kelly told john king about this this evening. >> you could come to the capitaltomorrow and say i object and break this deal if i don't like it. pill you do that. >> john, i'm not so sure i'm not going to do that. >> dana, are we sure this is really going to happen? and this is going to pass tomorrow? >> after covering this congress for the past year, i will not say i'm sure about anything anymore, sanjay, however, the speaker's office certainly feel pretty confident they are going to be able to get this passed without having to call members of congress back to actually do it in person. but i'll be here tomorrow night. that's going to happen tomorrow night. >> still have a chance to check in with you on that tomorrow. stay with us now. i'll bring in john king and candy crowley as well. thanks everybody for joining us. we talked about this, you and i we heard house republicans making braveheart-type references about fighting to the end. this looks like a surrender. does it? is it? >> they fought till the end and they surrendered, yes, they can say they did both. t

retired four star army general jock king with his thoughts on that straight ahead. >> kelly: defense chief leon panetta making a historic visit to libya, the first pentagon chief ever to set foot on libyan soil. jennifer griffin is travelling with the secretary and has the report. >> this is the first trip that a u.s. secretary of defense has ever made to libya. it comes just days after an armed militia tried to asass nate the head of libya's new army. days ago, consolidating the competing militia's top. here at the protestant cemetery, the defense secretary laid a wreath. they were on the intrepid, a naval vessel sent and the ship blew up and bodies floated to shore and dragged through the streets of tripoli 207 years ago and the cemetery has been maintained, but a move by family members and a republican state senator to the get the remains repatriated has gained steam in congress. and there is he' a provision in it that would require the defense secretary to study the possibility of returning these remains home. for now, 13 u.s. sailors remain interned here in tripoli. travelling w

kelly swoope. >>> the dow fell two points. the nasdaq gained 15. in tonight's consumer alert as if we don't have enough temptation, bur -- burger king is giving away new fries. swing by. no other purchase is nec wish ye who you sit next to on the air. the airline calls it social seating. the goal is to help travelers book a seat next to a friend or someone with similar interests. there's no word on whether you have to pay a fee for that. klm is not the first to link seating and social media. they launched one for buddies. >>> the war in iraq is over but what's next for maryland troops serving overseas? that story is next on abc2 news at 6 which starts right now. >>> maryland competes for and gets a fairly large education grant from the feds. what they plan on doing with that money coming up next. >>> new charges against a man accused of promising the ravens and not delivers. tonight on joce sterman's investigation. >>> forget black friday. today is free shipping day. first, tonight maryland is one of nine states to get a windfall of money. it's part of the race to the top program. maryland is using the money on children before they even get into t

kelly was here. she is approaching reverend dr. amos brown, former supervisor brown, who is also here with us. of course i really would get assassinated if i don't mention commissioner leroy kingnt commissioner benny yee. welcome, kim. we are really looking forward to working with kim to get students to come visit the kinsey exhibit. just one second. and also supervisor scott winer -- weiner is here also. let's welcome him. newly elected schedule. we're back on schedule and graced with the presence of our new mayor. we, as i mentioned earlier, we had the pleasure of working well. are city administrator at the time ed lee and supervisor ross mirkarimi in connection with the adoption of the slavery disclosure ordinance a couple years ago. and we look forward to working with him on many issues to come. please welcome mayor ed lee. >> hello, everybody. you know i don't like to read speeches. i've been doing that in the past, so i want to have a chance to speak from the heart. this is our celebration of black history month. and i am so happy to see all of you come to city hall to recognize this and to recognize the great work that pat williams is doing because about the stories tha

king's hair. only in america. steve, brian and gretchen have today off and you're joined by kelly wright, kelly o'connor -- kelly wrightus by the hour. the country claims a it's about to launch long-range missiles in the persian gulf. the latest threat as the dispute rages on between the united states and iran over the strait of hormuz a channel that transports oil to that region. the u.s. fifth fleet fired back, saying nidi corruption to oil service would not be tolerated. iran's navy commander says the testing will start tomorrow. >>> president obama took a break from his vacation to honor the here rose. the men and women who died on pearl harbor. he laid a wreath at the memorial to the uss arizona. the first lady at his side. after a moment of silence, they scattered flower petals into the water. this year marks the 70th anniversary of those attacks. the president has no other convenient scheduled for the day. he plans to return to washington on monday. >>> are you here in the u.s. illegally? there is help for you from the feds, believe it or not. it's just a phone call away. the feds have set up a 24-hour hot line