ken is going to be there. kicks are still available which i can't understand because that place sells out quick. who are you bringing in with you. >> eric, a saxophonist who has been with a lot and has played on my records. >> how a la guy or the best jazz musicians in america or at least the planet lives in baltimore maryland. ken navarro at wjz.com. we will be back on wjz tv 13 right after this. next to the house, and checked for clogged pipes. if that's not it, we dig by the septic tank and check for leaks. if it's not there, we dig up the leech fields 'til we find the problem. average repair cost: six thousand dollars. monthly maintenance with rid-x? about 6 dollars. (announcer) rid-x uses 100% natural bacteria and enzymes to break down waste, even paper. use rid-x monthly to help keep your septic system operating efficiently between pumpings. this summer, clean your grill with new easy-off barbeque grill cleaner. . >>> five and a half until 7:00. updates from share ron and marty. >> live doppler radar sho

ken told me that even though a documentary is based on fact, how you put those facts together can bein fact, he earned an international reputation on the special way he approaches film making. >> i'm not interested in the dry dates and facts of history, but the emotional archeology that makes people think and feel about past lives and moments and events. >> reporter: ken didn't start out want to go make documentaries. as a kid, he set his sights on directing big hollywood movies. he had been improved by how a thin strip of film projected on a screen could have such an emotional effect on people. >> it was the first time i had ever seen my dad cry, and i realized the power that i just needed to know about. but i was sure i wanted to be a hollywood director. >> reporter: but when he got to college, ken learned there was more to film making than just movies. reality could go ju could be ju as exciting. >> i was drawn into documentary and history as a way to explore it, and explore the genes that are actually true, that you don't have to make up. >> reporter: documentaries can have a big

this is base odd ken lewis' testimony.lked about this with him and fed chairman bernanke. you called the nine biggest banks to washington. they don't know what the meeting is about. he describes the meeting. they sat on one side. male speaker: bernanke, ms. bair sat on the other side and told them they would take t.a.r.p. money, like it or not. so i have one last. that was on october 13th. i want to go back to october 3rd. when we started down this bailout road, this bailout fever that grabbed washington wibt started on october 3rd where the united states government decided to give you $700 billion of taxpayer money. the premise of that action was you were going to clean things up and things were going to get track. and yet to date, the treasury has not purchased those assets. so i want to know, when did you know that you could not be able to do what you told congress -- i remember hearing -- sitting in on the conference calls. i remember when you came in front of lawmakers and you talked about, we're going to buy these tr

down to the field with ken rosenthal. >> ken: we're here with curtis granderson and mariano riveria.e'll start with you. were you thinking triples? >> i don't know. i figure if i get thrown out, thrown out. >> ken: talk about the pre game, president obama in the clubhouse. what was that like? >> amazing. got a chance to be that close to him and shake his hand and i got video of him. >> ken: mariano, in the all-star game you're perfect. eight innings four saves. talk about going out with the one-run league knowing the american league streak was on the line. >> it was great. the thing, our guys gave me the opportunity to be there. you have to come and shut it down. it was an interesting game. >> ken: what is it like pitching in this game as opposed to pitching in a regular season or even a playoff game? >> it's great. it means something, it means whoever wins here got a chance to start out at home in the world series. so that's great. like i said. beautiful, beautiful game. beautiful fence. and thank god for that. >> ken: what did the president say to you? >> the president was kind of

no one feels that way, but ken lewis overreserved. they have a lot of good things going.oldman came up with it. morgan is not doing well. too much real estate. >> are they talking about their stock. they copied you. remember how they stole your name? morgan stanley with the call on the restaurants. >> was that the booya call? i have to say, let's understand this. i love mcdonald's, but it's not the right stock here the same way that colgate is not the right stock and morgan stanley made a real point. china is turning back to the positive and that throws the stock down to the 32-33 level. this is the thing people want. >> a brazilian south african, belgian or jamaican beer. >> there real american beers. we found them. >> we have them in pennsylvania. and i like the beer. >> wow. isn't that an amazing coincidence. have a good one. >> 6:00 and 11:00 eastern and the head of the biggest brewer in the united states of america. will there be american booze left? >> what a day for a beer. president obama getting ready for a drink. four hours until they are open. is he forgetting

number one, they're calling for ken lewis's resignation.they've written timothy geithner to basically get ken lewis removed. they're doing that on the one hand. on the other hand, they're demanding a meeting with ken lewis so they could try to get these bank tellers unionized as part of their union. and you know, here's the interesting thing here, maria. i am a son of a union ironwork. i have nothing against unions. i actually think they do very good things, particularly in trades where youisk life and limb. i juston't e it in bank ing being one of those trades unle yo count paper clipas an occupational hazard. t i did this story speaking with a lot peopleery close to ken lewis and asking about the threat that this poses, and for all the things we're talking about, maria, as you know, he's come under pressure for shareholders. the shareholders have put pressure on him. regulators aren't too happy with him. you know, they fear this union the most because of its plugs within the obama administration, and they fear it because they're basically

and we're going to get started right now and i have a good question for ken because, ken, can you, in a very, very short time, because i know you can talk about it for two hours, but give me the concept of what is going on here and the year that you have had to get started this year? because it's been, every year is different, but this has been a hard one, right? >> well, i think everybody was pretty happy to put last year in the box and close it up. >> right. >> i think we didn't want to go through it again. unfortunately, right in this area, we're goin' through it again as far as we have had a very wet spring, a slow start, and things up til about three weeks ago actually looked pretty tough. they have really improved around here in the last three weeks but we're behind, we need to catch up, so a situation where we need the year to play out like it did last year to come out with a crop that we had. but we're kind of under the gun right now. >> one of the gentleman asked from the audience, how many holes are out in the fields. now you don't have like big acreage here but you would be

i told ken lewis he would lose his job. satisfied with that answer and do you think he did something wrong and is there follow-through you want to do now? >> he came in and i think he made it clear. he was doing the right thing and did not go overboard. we need to look at this further. iment to look at the bonuses i asked about given to the employees and i still want to know how that came about. what happened is that the bonuses were given out and shortly after the american people came by with an infusion into this deal. it started off as a private deal that was supposed to cost the american people nothing. so we got to get to the bottom of this. i think in order for us to regulate and make sure these things do not

the only -- this came up in connection with ken lewis asking me for a letter from treasury. and what i said to him about a letter from treasury is i said, ken, we do not have any kind of a specific agreement here. we haven't decided on the size of the program, the dollar amount, we haven't decided on how many assets. and so if i gave a letter, all i would be saying is what i've already said publicly, which is that b of a is systematically important, and that we are committed to -- >> here's what we said -- >> committed to not having a failure. so my -- let me just finish. >> you're using up all my time. >> what i said is the opposite. >> mr. paulson. mr. paulson. please pull the mic closer to you. >> oh, sorry. >> if we give you a letter, we will disclose it is what i said. >> here's what was said in testimony. bernanke and paulson insisted that lewis rely solely on their verbal assurance of more support, because as paulson told lewis in a written pledge, quote, to be a disclosable event, and we do not want a disclosable event. >> well -- >> and he goes into more detail than

and scuttling her plans for a ken and barbie-themed birthday party. apparent -- i thought it was her 16th, not her 29th. >>> bazing! >> can i say that i think the dress -- the golf tournament dress did not help her cause with tony. she has a stylist, sarah walsh pointed out opinion she has a stylist that said to her jess you look great in that dress. >> no, fire that person. >>> but the ken and barbie themed party that might have pushed him over the edge. >> you can't be a football player and be part of the ken and barbie party. it is not tough. >>> well, thank you very much for joining us. that is it for 9 news

ken lewis. >> i was attemptinto send a very strong message ken lewis terms of how strongly the f antreasury viewed this matter. >> reporter: ty viewed it strongly becse they worried a ncelled deal would throw the markets to turmoil. significant losses amerrill lynch were giving lewis send thoughts but ulson says pulling out would have been a bad call. >> it wod have shown a lack of judgemen and i think it would have reallundermined the viability b. of a. and merrill lynch and the financl system. >> reporter: last moh, fed chairman benernanke told the committee the government d nothing inappropriate intimida bank of america executives. toy, paulson went further saying hwas never told by the d to threaten lewis. congssman dan burton wasn't convinced. >> if you came away om those phe calls, somebody must have said, "hey! can't let them do this!" and i would suggt that it might have been mr. rnake. >> whai would say to you. i doot know whether someone in the conversaons or calls expressly said it, or if m understanding came fm just the tone and the fcefulness. >> you know, you're a ry smart man

ken chenault the chairman and ceo of american express. many scenarios but second half of 2010 would be really what he's looking for for potential economic recovery. we'll find out what jim cramer has to say about that and his trades. then wall street's trillion dollar deal maker, jp morgan's chase will be here. we'll be right back. with annuities from fidelity turn your savings into income --uaranteed, and get a retirent "paycheck" folife -guaranteed. call... to g started, and learn how to secur retirement ince that won't go down -- guaranteed. callidelity at... for deils about guaranteedncome for life, and change the way youhink abouyour retirement savings. >>> requested jim cramer is here to talk to us. something ken said at the end of if not slightly optimistic case was in november of next year. >> there wasn't anything good about what he said. i struggle through temperature he didn't emphasize what his credit losses will be pt he did talk about taking some share. this was -- to me, i know he probably would not agree with this characte

ken, we appreciate you. thank you very much. >>> a helicopter plunged to the ground in southern afghanistan today killing 16 civilians. the chopper crashed just after taking off from nato's kandahar airfield, a major hub for coalition forces. this is the latest in a string of air crashes this weekend in afghanistan raising urgent safety concerns amid an anti-taliban offensive. police investigating jakarta, indones indonesia's twin hotel bombings may have uncovered an electronic clue. they believe they have found one of the black tops. state media is reporting the computer had secret codes the attackers may have used. friday's explosions killed nine people including at least two suspected bombers. 50 other people were wounded. >>> new developments in the small town slaughter of six people in a murderous rampage that spanned two states. 30-year-old jacob shaffer is held in the lincoln, tennessee county jail on five counts of murder. police say they saw him sitting on the porch at one of the crime scenes, accus

let's go to nb producer ken strictland on the phone. what do you know?outine traffic stop about a few blocks from the capitol. and it ended up with the suspect fleeing police, hitting an officer that was outside of a vehicle and ended up with the suspect being shot by capitol police. it all started about 5:15 this afternoon in washington. a police spokesman told us that it was a routine traffic stop and as police went to make the stop, the suspect fled, and took police on a little chase of sorts. and it resulted in this suspect actually hitting and wounding an officer who was outside of his vehicle. it also involved the suspect driving down a one-way street near the capitol. and eventually the suspect stopped about a block from the u.s. capitol when the police approached the suspect they asked him to come out of the vehicle and show his hands. the suspect produced a weapon police say. police say they asked the suspect to drop his weapon. he didn't and they fired on the suspect. that suspect is dead as far as we know. that's what we know from here. >> jus

i think the potential, as i have mentioned to ken salazar and others, for geothermal in the southwest of this country is extraordinary. we can produce a significant amount of electricity from solar plants. in terms of energy efficiency, vermont has been a leader in the country in that area. many of our major utilities are not producing any more electricity today than they did years ago, despite markham -- normal economic growth. in fact, if the rest of the country did what vermont and california are doing in terms of energy efficiency, there would be a huge drop in energy use in america. so we are sitting on an enormous issue. the fate of the plan at -- the fate of the planet, we can break our dependence on foreign oil. now is the time to be bold and go forward, and i think all of our panelists for their efforts in that direction.

bernanke responded no, sir, in other words it wouldn't be appropriate for ken lewis and bank of america to feel pressured. given bernanke's acknowledgement in the hearing that threatening to fire bank of america's management would have been inappropriate, are you prepared to take responsibility for issuing an inappropriate statement? >> i certainly take responsibility for what i said. i think it logically followed. i laid out a train of events and i think it logically followed that that's what a regulator should do. i would say i think chairman bernanke when he testified here last month, he acknowledged that if someone put their decision to harm the company, they deserve to be held couldable. that's what i was trying to communicate to ken lewis. >> you stated you took issue with bank of america's reason for invoking the mac. did you read their legal justification? >> nope. >> you stated you relied on the legal basis or rather the fed's legal staff for their view on the mac as your justification. are you aware or do you know the names of the staff you relied on? >> i listened in and part

councilman ken oliver pleads guilty to misappropriation of funds. but the more serious charges have been dropped. john rydell has the latest from towson. >> in a baltimore county courtroom, a two term councilman quietly enters the plea of guilty. ken oliver initially charged with two counts of felony theft among other charges. but pleaded guilty to two misdemeanor counts of misappropriation of funds and failing to submit receipts. >> he took responsibility for his actions. and he came in without blaming anybody or making any excuses. i think it was absolutely appropriate. >> state prosecutors say oliver wrote two checks to himself totaling $2200 from the campaign account. but the money was used for personal reasons. the violation of state law. oliver told judge thomas bol injury i did make a mistake and repaid the money. there was no criminal intent. delegate burns was a friend of oliver that showed up on his behalf. >> hey the man had not murdered or robbed. and he was in a tight. he wrote a check, two checks, he should not have written. >> as part

what can you tell us, ken? >> carlos, here is what i found out.rrin hatch from utah says he will not vote in favor of sonia sotomayor. this may not become a surprise to many americans considering hatch is a republican but here is the context you have to understand this. orrin hatch elected in 1976 has voted for every confirmation over the past 12 confirm medications and even when a democrat elected a nominee to be a supreme court justice, he voted for even democratic nominees. today, he says you just can't vote for sonia sotomayor. he is going to release a statement shortly and he basically says it's particularly difficult because i highly respect judge sotomayor and have a great deal of deference to any presidential noom knee nominee but at the end of the day he thought too many issues that was troubling him and he is not going to support her and a chilling effect it could be on other republicans figuring out whether or not they will support sotomayor. >> ken, stand by. pete williams is over at the justice department. you just heard what ken stri

ken baker, joining us from los angeles. he is executive news he heditor e. we talked about aliases. what do we know about the aliases in dr. klein's files? >> well, we don't know about those. but, you know, it's interesting just to go back on what tom said. it's interesting to see what they seized. but what they did not seize is propo propophal. >> there wasn't perhaps this smoking gun. we've never been told that they found that drug in any of these doctors' offices. it's not to say there was some there and it disappeared. we don't have all the information. but it is a conspicuous absence if you look at it. i have the list. they did not find it. and that is described as the smoking gun in this case. >> exactly. there is nothing mentioned in the affidavit for the search warrant or in the return of the search warrant for this drug. that's all we've been hearing about for the last number of weeks that he was abusing. that but what about the producer of nancy grace show who is covering this from the very beginning. in a tisha, was there propophal? you spent a lot of time out there. was

. >>> up next, should pay czar ken fineberg go head-to-head with citigroup's million-dollar man? actually, it's hundred-million-dollar-man. that's the stakes, the pay czar versus a $100 million bonus. stay with "the kudlow report." is this going to be wage controls, or what? we'll be right back. p sive.com. are you all right? a ferocious white whale wrecked my boat. well, i'm sure we can help you, captain... ahab. well, it looks like you haven't had a claim in over four years, so you don't have to pay a deductible. that means you saved $500! $500? i could get an electronic fish-finder. that's the spirit. saving you money on boat insurance. now that's progressive. call or click today. >>> all right. big battle brewing, front page "wall street journal" story, pay czar kenneth fineberg squares off against energy trader john hall who looks to make a $100 million bonus. somebody is getting rich let's discuss this with mark walsh, and jim, with reuters. mark, this guy is making so much money for shareholders, and taxpayers. maybe fineberg ought to back off. >> well, first of all, we do

ken, i'm falling in love. your great.ave reminded me of all the erogenous zones of insanity in one sentence of free thinking. your stream of consciousness has picked up on the item that george w. bush was sitting in the white house basement with a plunger as he blew up the world trade center with his uncanny ability to get away with murder. >> chris, can i just -- >> people give a lot of money. ron paul's campaign showed that. there are folks who embrace these conspiracy theories -- >> don't say ron paul. >> and have an innate distrust of the federal government and they can be a force in politics in the internet age. companies have to be sure they don't cater to them. >> ron paul has a lot of appeal as a libertarian. >> i think the white house is not unhappy this is happening. my ears perk up whenever a politician or spokesman denies something he hasn't been accused of. robert gibbs said i'm being perfectly serious here about this, and i almost don't want to talk about it, but i will. but i would caution the white house n

you know, however, ken lewis indicated they did. then, beinof course, in terms o paulson, we want to talk to him about whether this occurred. these are questions we need to get answers. it seems there was a whole lot of power in the hand of two individuals. of course, if we were going to reform our financial system, we need to look at these things as well. we need to get to the bottom and find out exactly what happened. let's face it, there's a lot of money involved here. we need to know really if ken lewis was incompetent, why wasn't he removed? why would we give him additional money if he was incompetent? these are questions that need to be answered. we're going to look at all this today because as we move forward to look at the system that needs to be reformed, financial system, we might even have to bring back ken lewis again. >> john sununu here. i think secretary paulson has been somewhat clear in previous statements that he felt the merger between bank of america and merrill was important, it would have been good for the fina

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vince sparrow and vince and ken, macro, portfolio advisors. jim lecamp, you're the crankiest, on a big rally day like this, let's start with you. what do you think first of all, positive,stein curves, even a banker can make money. i'm staying with my bank shots. hit me right here, slam me in the chin. >> we finally saw some things i've been looking for, volume and leadership. leadership really came out of tech because it looked significantly better and earnings driven. you can throw goldman out of the banking group because they don't behave like other banks a different business model. i look at the rest of the banks, i don't like what i see. we have deteriorating credit quality on commercial real estate loans and we're running at four times the pace. >> what about credit card companies. you have big names today, amex says you know what the credit story is not so bad from consumers. we heard from a couple of these. vince will fill us in. my pal, jimmy cramer talked about that today, you're too pessimistic, mr. lecamp. >> even if i bought into t

both re ken nirsit hospitalsand e died. was avy smoke d heav fire cominfrom tloor of this location. they imdiattoredown oothatblocking the doors and enywayd forced eninsi. gorapid tack the fire ppre. otr firefighters went t cond and third floor peor ar and rescue ations enthey fnd these two victims. report: onrefighte s so ind in thisla wi aze buhe's expted be ok. cause of fire yet to be deteined. brit gordon, abc2ws >5:45 a look at other top stories -- smaltownin ido is prayinfor fe return hometown hoiewhis bng he afghani. >> i'm from ido,usa. >>reporterthis tape nfird whe mitary had ared. ead bobergda had been ur by e taliba afteleaving his base in afghistan r onat arunclea thunsoldier was visiblshak whilbeinquestioned pts. >> i'm scar. scared i won't ab to go me. and unnerving to be a on. >>report: the dense department s derten an grsive sear. opping lele thsay e our ameran guestsis mig. return e guest tohis home. f thlet's warn if 's not return his ducts will be hunted down. whenaskeabous family bergda. >>i havemygiiend

ken, ted both talking about a possible friday meeting.mber one as we've been talking about -- let me backtrack for a second. if you're dr. murray, aren't you getting in your lawyer's face and saying hey, watch the words you use here in a public statement? >> well, and public statements, you underscore that. there's no reason. you don't need to portray your client as the target of a criminal investigation. worse still, a homicide investigation. look, manslaughter clearly a serious charge. i think that most people had expected a series of drug charges to come out of this investigation, not necessarily with respect to dr. murray, but clearly the investigators have been looking at drugs, the use of aliases, the use of doctor shopping, because as we've heard throughout the last few weeks michael jackson was known to have a drug problem and was believed by those close to him to be doctor shopping. however, this ratchets up the investigation and raises the stakes. not only for dr. murray but for other doctors who are involved  who are also lawy

ken ehrlich is joining us from outside the staples center, ken produced this memorial.ur that was about to begin in england? >> no actually you can the only thing that was was at the end of the show, when we did "heal the world" and" we are the world" that was the number literally staged by michael and kenny ortega together. the reason we wanted to do it, it was -- it was one of michael's last efforts, creative efforts, but everything else we did, we basically had about six hours last night between the hours of 5 and 11. we rehearsed all the performances last night. >> including that amazing video montage of michael jackson's career? was that arranged over the past few days? >> no actually that had been done before. i mean, chuck workman, who has done an academy-award-winning document tearian, has doneself of these for michael over the years and that was, i think, maybe the most recent done he had done and might have been talked about doing that in the show and not sure. >> i know much of this was scripted and choreographed and highly produced but i think this was an un

we'll see how it plays out. >> that was ken robinson.ou've heard what others had to say about private first class bergdahl. now it's time to bring in warren ballentine and chris plante to weigh in on this and other hot topics. warren, no matter, left or right, republican, democrat, when you see this, we're all americans in this situation and our hearts go out to that soldier and his family. >> well, when i first watched it earlier today, don, the first thing i did was say a prayer for the soldier and his family. i agree with some of the comments made earlier by the people you interviewed. i think we need to go in and get this young man. i think no matter what, whether we have to send the s.e.a.l.s in, i hope the president steps up to the plate. >> some people are talking about the airing of the video, they're uncomfortable with it. >> it does serve the propaganda purposes of the people of the taliban group that took him captive. it's painful to watch. it's one of the tragedies of war, and obviously i'm with warren and i know warren grew

host: ken silver stein of "harper's" magazine, go ahead. guest: you talked about how you worked for somebody for so many years and i have worked for the last 30 years as well, so i match you in being a working person. everyone likes a political bias. i always like to say. that we all do. i don't like the pretense that we don't. i am not republican or democrat, because i'm not a fan of either party but i'm absolutely positively on the lib al side if that satisfies your curiosity. in terms of the bias in the ad that you said i took the cheap shot. the ad was produced by the employee freedom action committee which is headed by richard berman who runs a bunch of institutes on behalf of corporations so that he represents the marketer's institute, and represents the group that is sort of anti-drunk driving group, i believe. he has worked for the tobacco industry. all of the organizations have these nice names but in fact, they are crorp pratt pushing groups. the employee freedom action committee talks about ads that portrays unionists as a bunch

and i think that's the problem that ken lewis has.he's lost a lot of respect and credibility with policy makers. >> so fast-forward to today. why is it that the government won't allow b of a to pay the tarp money back? i heard that they want to pay it back. they're being told by regulators we don't want -- we do not accept the money, we don't want you to pay it back right now. why is that? >> you know, my only guess, and i've heard that too, that they want to pay it back, that they don't believe -- and i tell you, you have to put everything you've been reading together to kind of answer this question. put everything together. is they don't believe that b of a is strong enough to pay it back. now, if you take the government at their word, i mean -- >> what happens to the stress test? weren't they supposed to make that assessment with the stress test? >> i agree. but i always thought the stress tests were feather tests. but i think in this context, maria, you have to look at what's going on at both banks. if you read some of the stories

ken lewis got what he wanted and the treasury and the fed got what they wanted.ll of this happened against a backdrop of unchecked government policy. there is no transparent -- transparency or accountability. can those refuse to mid to have manipulated the system to his benefit. he started this bill when he made the first phone call to mr. paulson. they got the government involved. it got the treasury to cough up 200 billion dollars of taxpayers' money to help finance this merger. he never had to disclose $12 billion in merrill lynch to investors until it was over. he never had to as the shareholders to reconsider the transaction. in the end, mr. lewis got everything he wanted. mr. paulson and mr. bernanke also got what they wanted out of this marriage. they got an uninterrupted murder that they believe helped -- merger is that they believe help stabilize the market. while all of this was going on, the american people were kept in the dark. there was no oversight to determine whether this arrangement made sense. this is unacceptable and must be prevented from hap

i'll turn it over to ken. . about the current unrest in iran to set the stage for the discussion of the nuclear issue and the report which i was generously heritage asked me to comment on although not as a formal member of the working group. what has struck me, though, in a lot of the press reporting of the recent events in iran particularly in tehran is the idea that major rifts in the regime are new. having studied iran since a few years after the islamic revolution when the u.s. government did a lot of hiring of people who knew something about islam and islamic fundamentalism in the transition from sort of the u.s. government focus on the cold war to, you know, islamic fundamentalism, we often forget that serious rifts have occurred throughout the history of the islamic republic of iran. we had nearly the entire senior level of the regime was almost decapitated by a series of bombings in june 1981. the leading figure was killed, the president mohamed was killed, the prime minister in these bombings. we forget

you deseeved the banks inwith both ken lewis and ken bernanke.l the nine biggest banks to watch. they sat on one side, you, mr. bernanke, and you basically tell them they are going to take t.a.r.p. money, like it or not. so i have one question. i think this is critical. that was on october 13. that meeting. i want to go back to october 3rd, because this is when this whole thing started happening. it started october 3rd when the congress of the united states decided to give you $700 billion in taxpayer money and the whole premise was that you were going to take that money and you were going to buy the troubled and toxic assets and you were going to clean things up. and yet to date the treasury has not purchased those assets. i want to know, when did you know that you could not be able to do what you told congress? i remember sitting in on the conference calls. i remember whether you came in front of lawmakers and you said we're going to buy these troubled assets and yet less than 10 days later you injected capital into the institutions. did you de

i discussed this earlier with ken robinson.e's a former military intelligence officer with experience in special operations. >> one of the things that in fear training, survival, evasion, resistance and escape, we teach soldiers if they can get on video, they should. it gives the united states proof of life. it lets us know they are alive. there may be things that can be learned from it. if they're willing to take video, yes, they are exploiting the soldier, but it also means there's a potential for communication for some form of negotiation. >> isn't this also a form of propaganda, too, ken? >> it absolutely is. what it does is it strikes fear in any soldier that doesn't want to get captured. we saw that exclusively used with the al qaeda beheading videos in iraq. we haven't seen that same thing happen in afghanistan, and this is taliban. it's suspected to be the network that is holding this individual soldier. we'll see how it plays out. >> that was ken robinson. and my conversation with him earlier. you've heard what others

with us ken vogel with politico, and, ken, it is a big deal when the house decides, to heck with the politics and whether this is wise to look back or not. we want to know whether vice president cheney ordered the cia to withhold something from congress. what are they basing that on? >> well, they're basing it on a number of reports, david, that leon panetta, the director of the cia under president obama, actually came forward to the intelligence committees and said that there were plans in the works that never materialized for this secret program and that dick cheney said that he did not want congress to be briefed on it. now, of course, congress in this perennial tug of war between the administration and congress over intelligence wants to explore this and find out, hey, where exactly was this program going and why wasn't congress informed? >> i guess the thing we have to be clear about is that if this was such a great program, you would think there would be nothing wrong with telling congress and the fact of the matter is whether it was a good program, one that started or one that

ken spence. >> ranking members thank-you for the opportunity to testify my name is ken spence and ibm at executive council of travelers that offers all large property of risk management services to numerous with businesses organizations are individuals in the u.s. and abroad. our products are distributor primarily through the u.s. through independent insurance agents and brokers and a company that is a member of the american insurance association. there appears to be an emerging consensus there should be systemic risk regulation of the federal level. i will share some of travelers specific systemic risk regulation recommendations of a moment. however for any systemic level oversight to me meaningful across financial service sectors, there must be an insurance regulatory presence at the federal level to ensure that appropriate information is provided and analyzed and to ensure that any systemic level directives are effectively implemented. to that end of the creation of an office of the insurance information as the chairman has proposed would bolster the faltering reduce federal presen

shareholders voted on and not knowing. >> ken lewis did not tell the shareholders that the losses or deepening into the fourth quarter, eventually $15 billion in the quarter. henry paulson was on the hot seat. this is the most controversial bailout of last fall. what you're seeing is, he give the taxpayer money to ken lewis to buy maryland for without strings attached. bank of america was trying to get out it is a controversial issue going on right now. henry paulson as saying, we did not have the tarp money to bail out merrill lynch they went under. he was the shotgun behind the marriage. martha: hank paulson was picking and choosing who he wanted to save. some deals got 100 cents on the dollar. it is a fascinating tale. everyone should go to the fox business network website and read about it. what is unraveling on capitol hill is interesting. thank you for bringing it to us attention. trace: we are on to the next phase of the confirmation hearings for sonia sotomayor. questions are just wrapping up. more witnesses testify, including the white firefighter in that reverse discriminat

>> ken lewis. glenn: ken lewis. did you see him testifying before congress? >> yes. glenn: he was the first saying that i know people who have been threatened by this government. he says they were threatened and then i sits in front of congress and says no, that never happened. >> that was shocking because he was the most adamant one. i thought there was going to be fireworks. i was sitting there -- i didn't have the pudding you gave out friday, but i had popcorn. he shut up. it was like the mafia came to his house the night before. glenn: right. this is like a thugocracy. that is what it is turning into. we will bully you and use anything at our disposal. it is a community organizing trick. it is what acorn did to the banks to have banks give loans to people that couldn't afford them in places they didn't want to give loans. >> there are 30 inspector generals independent of the white house. they want to stay independent. it's nuts. transparency is a joke. all this stuff that we were promiseed is a joke. it has been a joke so far but it is going to be a joke that non

ken fisher has been with forbes for 25 years. he's been managing money successfully for a very long time and he'll be right here with some wisdom. g b >>> joining us, the author of the new book, how to smell a rat. i believe he also celebrated 25 years as a sports columnist. heck of a thing. thank you for coming on. you, too, doug. we'll go two-minute drill and then you'll come back for a longer time. in the beginning, kent fisher, summer rally, down 9,100. i'm playing it from the optimistic side. what's your personal take on this? >> my view is that we're being pulled. today america is much smaller than the nonu.s. world and that's just dynamite. the fact that we're getting pulled. we're less than 25% of gdp today. the other three quarters, three time the force of us on the world, it is moving forward, making us stronger than we think. we ten to be too u.s.-cent rick and to underestimate. this is very strong. >> he is saying it is a very strong rally. your take? >> it's been an extremely strong rally, larry. i've put another ke

ken's other point is also excellent. the fact is that when she came forward and said the name diprivan, most doctors that we talked to had never, ever heard of an abuse of diprivan outside perhaps an anesthesiologist's office. investigators wouldn't even know what to specifically look for. there are at least five doctors that were aware of and clear think by the raid yesterday, there may be other doctors involved as well because they're looking at e-mails, other charts, and there may be offshoots that would link other doctors. it's simply too early to tell. >> we have to leave it there. jim moret, ken baker, hope to talk aen soon. >>> work laws in rhode island do not, i said do not, prohibit minors from working at strip clubs. so you could actually have some 16-year-old dancing naked for some dirty old man, and that's not illegal? call in on this one, 1-877-tell hln. >>> this one is going to shock you. 16-year-old girls stripping on stage, and it's perfectly legal in rhode island? that's right. minors can dance naked in

both ken and i worked with michael over the yea.s his triumpha return to the world. it was also, i tnk, his grtest personal work. we d it all right here in this place, thetaples. so before we conclude toy's memori, we wanted to present a performance fromhe london "ts is it" concert. the fans have been aing for it. this is one of michael's very, very favorite moments inhe show always. he created thid brought it to life. its a living testament to his ability to be timeless and tily. musical and magical, this is for him, his living lega, his care, his het, hisoncern about our planet, about e human condion. michael jackson will le in our hets forlways, heal the world, make this a betteplace for our children, for ou children's children. michael, we love you me. join us. ♪ ♪ there comes a time when we ed a certain call ♪ ♪ when the world st stand together as e ♪ there are people dying d it'sime toend a hand ♪ ♪o life the greatest gift of all ♪ ♪ we can't go on pretenng day by day ♪ ♪ tt someone somewhere will soon make a chge ♪ ♪ we are a

. >>> we are going to ken strickland, nbc senate producer up on the hill. ken? >> chris, what happened today, moments ago in the senate health education labor and pension committee the same committee that senator ted kennedy would have chaired but he is ailing. they passed a vote on a party line vote and all of the democrats are going along with this that essentially gives the president what he wants in health care bill. approximate penalizes employers if they don't cover some of their employees. this is a first in a long road in a race to get health care bills passed in the house and senate before the august recess. a first in a long road for the democrats. >> give me a gps on that. give me a scenario between now and, say, october. what would be the steps you'd have to get to? the bridges would have to cross to get a national health care bill to the president's desk? >> there are five committees have jurisdiction over health care. this health committee is the first one passed a bill out of committee. four committees to go. also in the senate it's the finance co

here's how goofy they are, half of these guys want to defend ken lou wins and half want to fire ken lewis, they can't make up their minds they're desperately looking for stuff. reality is paulson working with bernanke and sheila bair at the fdic and yes, tim geithner at the new york fed and yes, president george w. bush who supported all this, they did what they could at a time of great peril, when the entire financial system was in danger of utterly unraveling even with the credit freeze we experienced and caused a deep recession. did they do everything right, heck, no. we can debate this forever. in wartime, you have to just keep moving. that's what paulson did. he was the guy behind this rescue package, not just for bank of america and merrill, but getting the loan guarantees from the fdic, getting the interbank guarantees for the entire banking system.. the t.a.r.p. money was supposed to go for toxic assets, couldn't get it done, wound up injecting it as capital and unfortunately, the banks are paying back t.a.r.p. and that episode will come to an end. most of all, the former darth mo

the jackson family invited ken ehrlich and myself to organize the memorial.and helpful, far more that we could incorporate into today's services. so we're hoping that maybe the future will allow us another opportunity to celebrate michael in an even grander scale. >> you said the family kind of directed you in terms of what they wanted. >> yeah. >> how did they describe what they wanted out of today? >> we worked with randy, with randy jackson, michael's brother, who communicated to the family and then back to us and we just had this wonderful sort of link between us. basically what we wanted to do today was create a remembrance that had reverence and dignity, that was special that remembered michael, michael's music, his friends. we wanted laughter. we wanted a dynamic range -- the family wanted a dynamic range of friends and speakers and i think we accomplished that. >> one of the most touching moments was when we saw michael's children on stage singing and the little girl paris spoke. was that planned? >> no. no. not at all. none of us were aware they were

steve: and ken lewis is on the board! clayton: the appearance of improprietary here. one of the important sparts that he then said chairman bernanke did not tell him anything did not tell him, look, you need to tell bank of america that their board will be renounced. we know he's going to go up there and likely to say that my boss had nothing to do with this. gretchen: a crucial point here is that bernanke told the house panel on june 25 that none of this happened. so this is going to be crucial. they're under oath. to complicate matters, here is what the clause is that apparently paulson used when he strongarmed ken lewis, head of bank of america to buy merrill lynch when ken lewis says i don't want to buy them anymore. it's called the mack clause, not a mac computer, the material adverse change which means that ken lewis had the option to get out of this deal. but paulson said, look, you will crumble the economy, it will show a colossal lack of judgment if you go back on this deal. i don't know. if you're ken lewis and you see a $12 billion loss from merrill lynch,