l. crisis that was exactly what happened the s. and l. crisis they were borrowing short and they were lending long interest rates changed and the entire industry imploded that's the concern that people have within all banks so eagle bank is an example what we do is we have a very very balanced portfolio and that's the key you don't want to be borrowing short and lending long so it's very hard for people coming in especially the washer metropolitan area which is such a real estate town is you need long term financing for that office building or apartment building and you're going to a community bank because they're the only local decision makers that can make that loan how do you combine the two and the only way of really doing it is trying to balance a portfolio the portfolio you're going through c.d.'s you're taking portfolio and going to the federal home loan bank to stabilize your portfolio for a longer period of time so you do your best in matching funds but it's a very very difficult process. have you seen that profit margin then as y

he was the federal government's director of litigation during the s&l crisis, and he told me that they're relaxed regulatory approach in the current episode created an exceptional criminal to five criminogenic environment there were no criminal referrals from regulators, no fraud working groups, no national task force, note effective punishment , he said. instead, we have had pretty much silence from the highest levels of government. michael, a former federal judge in new york had been head of the justice department less than a year when bear stearns failed discussed at that time setting up a task force with deputies but decided against it, announcing the decision in june of 2008. now, there have been some attempts to put money into investigations. for example, two years into the crisis congress passed the fraud enforcement and recovery act allocating $165 million to the justice department and fbi for new financial crisis cases. congress quietly took away all but 30 million of that allocation later. so put all of these actions or inactions together, and i think you can see how this contri

prosecutors that i've spoken to in my reporting argue that the types of fraud perptrate during the s and l crisis were easier to litigate. those cases were characterized by embezzlement, stealing and other bad beepbare that was more easily identified and exposed. while we do know that wall street likes to create complexity and there's no doubt that the securities involved in this were far more convolume luted and impen trabble for investigators to farm. i think a more interesting reason for the failure to prosecute lies with an answer i've been given by some prosecutors. it brings us right back to the collosal regulatory sale here that fueled crisis. we all know regulators declined to rein in dubious practices in the boom years. but the failure had dire consequences in addition to the millions of borrowers who were hurt and investors and taxpayers. this regular tri incompetence prosecutors argued to me led to a lack of prosecutions in the aftermath of the bubble. that's because so many of the overserious failed in their duties to compile the kinds of information that traditionally is used to buil

financial crisis will always be with us, but that is probably unavoid l. we had financial crisis for 600 years in the western world. periodically, they're going to be troubles or other instabilities in the financial system, but given what the potential for damage is now, as we've seen, it's really important for central banks and other regulators to do all we can first to try to anticipate or prevent a crisis, but if a crisis happens, to mitigate it and make sure the system is strong enough to make it through the crisis in tact. again, we noted the two principle tools of central banks, serving as last resort, to mitigate financial crisis or monetary policy for economic stability. in the great depression, as i described, those tools were not used appropriately, but in this episode, the fed and other central banks, and i should say that there's been a great convergence that other major central banks have followed or op their own have followed very similar policies to that of the fed. these tools have been used actively and in my belief, in any case, we have av

l. after a decade of wars and then ongoing global financial crisis particularly in the eurozone just how attractive is the west when it comes to soft power is the west specifically the u.s. losing its ability to influence others through weak sample and the power of ideas and values. in. rostock soft power i'm joined by craig hayden in washington he's an assistant professor in the international communications program at american university school of international service also in washington we have ivan eland he is a senior fellow and director of the center on peace and liberty at the independent institute and in london we crossed the jonathan mcclory he is a strategy adviser edwin creative all right gentlemen cross talk rules in effect that means you can jump in anytime you want anyone if i go to you first in washington what is the state of america's soft power today ok a lot of people think it would be us to go real battering under the bush years and now we've had four years of obama what is this what is america's brand value. well i think america has a lot of brand value but i don't thi

l.-a whites and sunni's living quite close to each other. so when the crisis deteriorates when you see more and more of the violence in extreme islam and terrorism and this it's sick tarion tensions. that used to be on little lateral. and they become manifest. to degree because of instigation from abroad which saw the un will take care of in day investigation and i hope that those who have influence on the militants will also tell them not to interfere with this investigation with like we do with the syrian government we do the same. at the. newspaper i had. mr lavrov over the last taste we have heard of some eighty years to. work out in more detail of the annan plan and about the deadlines. what would you say about this idea. in terms of developing the annan plan further i would say we can only make it more details i don't think it's no longer relevant you know every part of this plan is still relevant but in the borders deal for each point especially those points that have to do with stopping violence and starting political dialogue we need to make it more c

da este tipo de situación de crisis económica, o de que bajan los negocios desafortunadamente, una@@@@not n univision@@@@not uni-fsemana la explosión de un pequeño@@@@not lsion@ not uni-fsemana lateunivision@@n además, miles de niños de republica dominicana, de padres haitianos, están en un limbo legal también les pondremos al tanto de los deportes, en seguida regresamos @@t uni-ana launivn@@@@not unemn @ not uni-fsemana lateunivision@@n not fsemanteisionnot fsemanteiss n uni-fsemana lateunivision@@@@non figuras perfectas y pechos visi@ grandes >>> nosotros hacemos lo que es la parte del financiamiento como @@not uni-fsemana lateunivision al paciente >>> y es que en venezuela, es un país con mayor índice de cirugías plásticas el hecho en los resultados trasciende en las fronteras al menos 5 de cada 100 mujeres vienen de estados unidos y europa recientemente la organización mundial de la salud. después de gran bretaña con más mujeres implantadas, en total son 33 mil >>> no ha disminuido, al contrario, llegan pacientes más informadas, se c@@@@not uni-fse consecuencias que ligaron al estado a actuar después de 5 meses de gestiones, el parlamento y otras ins

se d este tipo de situación de crisis económica, o de que bajan los negocios desafortunadamente, una@@@@not n @@@@not uni-edicion no rptunivi explosión de un pequeño@@@@not lde republica dominican de padres haitianos, están e un limbo legal también les pondremos al tanto de los deportes, en seguida regresamos@@t uni-edicion no rp@ prepara u protocolo para cuenta@@@@not uni-edicion no rpn figuras perfectas y pechos grandes >>> nosotros hacemos lo que es la parte del financiamiento como tal, y temos muchos médicos@@@@ al paciente >>> y es que en venezuela, es un país con mayor índice de cirugías plásticas el hecho en los resultados trasciende en las fronteras al menos 5 de@@not uni-edicion n @@@@not uni-edicion no rptunivi nsecuencias e ligaron a estado a actuar después de 5 meses de gestiones, el parlamento y otras instancias, lograron restituir los implantes >>> evaluaremos bien el caso, porque hay que gislar en contra de estas practicas que@@ nener en cuenta la vida humana >>> esto indica quelos distribuidores, clínicas y cirujanos deben sustituir esto no entienden pori-edicqu@@@@nott univision@@@@not uni-edicion no día, decenas de mujeres acuden para ope

the causes of the financial crisis in the great depression, but, in fact, it was a report to implement a long-standing agenda which related the implementtation of glass stie l stiegal. even though the evidence suggested that that had nothing to do with the depression at that time. and i will argue that that sowed the seeds of the current crisis. if you understand how the housing goals work, then nothing else matters. and i just re-read that report. my discussion today is basically going to agree with the dissent. i agree with one point in the financial crisis inquiry commission report, and that is that the prudential regulation failed pervasively. there's a new book out "the guardians of finance" it's failed chronically in doing that. so the one thing we have to understand if those two things alone could cause the financial crisis to be systemic, then that's all we need to explain it, and everything else will be a symptom of what happens when you get a crisis that bad. now, it all starts then with the housing goals. what are the housing goals? the housing goals were in the original '68 act. they were implemented first in the 1970s but fannie mae wanted no p

it shouldn't be a crisis situation but it quickly becomes one. the l more than 100 people. >> what amazed me is they said it was unsurvivable. how do you come out of that? >> december 29, 1972, eastern airlines flight 401 is on the final leg of its flight from jfk to miami international carrying 163 passengers and a crew of 13ç ron and lily were just married 20 days before and are now returning home from their honeymoon. >> it was a perfect flight. smooth. calm air. it was just a very dark night. >> the l-1011 is just five miles from the runway. when the pilot extends the landing gears. green lights indicate the main landing gears are down. but the nose gear indicator remains dark. >> the nose gear showed that it wasn't either down or up. it didn't say what position it was actually in. so they broke the approach and advised air traffic control that they needed time to sort through a technical problem. >> unaware of what's going on in the cockpit, flight attendant beverly raposa feels the plane turn away from the airport. >> i wasn't concerned because t

ahÍ porque los otros actores no estÁn ahÍ, es sÓlo @@despierta americaunivision@@@l se ha visto afectado por la crisiscauniv aÑos quedÓ colgand@@@@despierta@ pensÓ dos vecn@@despierta ame n sixto piso para resacatarla. dijo que lo de jo sÓlo porque fue a comprar comida, atoridades chinas investigan el caso y la madrerÍ@@ sdespieamer llevada a la justicia negligencia, cÓmossto que se repite esto. >>> sÍ, o sea preocupante porque ahÍ tambiÉn habrÍa que ver si en espacio entre los barrotes son demasiado ios,@@ quÉ@@@@despierta amen las autoridades@@ tomen cartas en cuanto balcones y su seguridad. >>> y bueno, vamos a volver aqÍi a suelo estadounidense y el lÍder demÓcrata, nancy pelosi, dijo que la corte suprema rato fui ratifico ra. agregÓ que el partido democrata estÁ preparado para cualquier evento incluso la revocasiÓn parcial o total de la reforma de salud que algunos llaman obama care,@@arÁ en los prÓximo dÍas >>> ha sido aplazada la fase de sentencia del ex bomberos hispanos acusado de matar a un@ que tambiÉn estÁ en una polÉmica en la florida, sin embargo, el jurado dijo que era@@pable y en este

while he is confident of victory, he put the crisis in europe on par with the nuclear threat from iran as dangerous to the re-election. saying, "i think we l be beaten if we, are by something happening in the euro zone or something happening in the gulf. which could be difficult for us." since then, the debt crisis got more troubling. >> anything bad for the economy is not helpful to the president. at the same time, the fact is the administration has been very active behind the scenes for a long time. urging europe to resolve this. >> top officials say the president is spending an increasing amount of time on the phone with the european leaders. on top of hours he spent hosting the g-8 summit at camp david. pressing them to take action. >> not only is it a big risk he can do almost nothing about it. a difficult situation for a president he has to sit and hope for a change. >> a new play on the slogan hope and change. >> the president has more control over the american economy. though the latest fox news poll shows when asked to rate the president team, only 32% say they mostly succeeded creating new jobs. 66% -- 56% say they postally faile

florida, narra los hechos a l policia.mitt romney no dijo si vetaria el reciente anuncio de obama favoreciendo a los dreamers. taocexpuso plan concreto para solucionar crisisra paraablarnos de los más afectados >>> las temperaturas afectan a varias regios del país un intenso calor que alcanza los tres ditos, al menos dos estados experimentanun extremo calor, y las autoridas recomiendan hidratarse >>> ya justamente a las de la tarde >>> tenemos los avisos y alerta que se iban a repetir en el transcurso de la noche >>> pero les prometo q vamos a sentir una mejoría en el resto del día, lo que sí que las alternativas temperaturase sienten desde el sur, hast colorado, justamente tenemos aviso fuegos forestales en estas últimasoras, trae una abrazadera mcho más fria hablando de esto, tenemos el sur dela florida, fuertes lluvias hasta el fin de semana, debido a unsistema, justamente sobre la península de yucatán, lo que s es que las bandas de cuba, podríamos estar hablando hasta ca de 12 pulgadas mínimas esta noche, en miami hay un porcentajede posibles lluvias fiesta, los Ángeles con 60°, a igualmente, y para el día, ya mañana viernes, finazando esa gran semana

l silicon valley are showing strong signs of recovery. property values grew 3.25% last fiscal year. it's the first firm upswing since the whole mortgage crisis in 2008. today the office plans to send out almost 500,000 notices to property owners bearing the news that some property tax bills will be going up. silicon valley schools and local government stand to benefit from the numbers. the more property is worth, the more money cominging in from those property taxes. >>> more good news, dozens of california state parks that would have closed during budget cuts have been spared. 70 parks were set to close this sunday, but park administrators now say only 65 of them -- well, 65 will stay open, only five will close. the governor signing a bill allocating $10 million for the park system and some donations coming in from nonprofit groups also helping to keep those gates open. >>> among the parks staying closed, benici state recreation area and gray whale cove state beach near montero and san mateo counties. you can still walk out on the state beach properties, but services like restroom maintenance and trash collection will be stopping. >>> i'm g

europepe u uonon l ldede work o measures to help their debt-strapped neighbors and refocus on a strategy for growth. european leaders have agreed to stand united against the economic crisis. they're now ready to implement new growth measures worth 120 euros or $150 billion marking a shift away from austerity policies. the two day european union summit began on thursday in brsels, belgium. leaders reached a deal to spend 120 billion euros equivalent to around 1% of the eu's gross domestic product, promoting private sector investments. they also agreed to recapital ize the european investment bank to try to revive the economy which has been weakened by austerity policies. >> thank you. the growth agenda is the sign of our unrelenting commitment. >> the leaders are discussing a plan to form a banking union to unify oversight of lending institutions in the region. they also aim to issue joint eurozone bonds as a medium to long-term measure against the debt crisis. >>> investors are looking at all of this to see what it might mean for markets. ai uchida swrojoins us from the business team. what's the sentiment today? >> the eu accord, actually that boosted sentiment somewhat,

the l they are facing increased downside risks with the ongoing debt crisis the main worry. they've kept rates at 1% last week. besides talking about the u.s. needs to do more for growth, she's also come out and said we need a political union in the eurozone. a political union. and that politics for the people are what's important, not the markets. keep your eyes on those comments. >>> madrid the victim of a downgrade. moody's cutting the rain on spain's sovereign debt. concern about limited access to the markets and the cost the country faces to restructure its banking system. it's now baa 3 from a-3, one level above junk. it pushed the rating further into junk territory. >>> and eu commissioner says spain may need to liquidate. he says winding down one of the lenders may be less burdensome than rescuing it. at the same time, it was suggested an audit of the spanish banks. the paper cites a draft report by oliver wyman and roland burger. plenty to talk about once again with spain. let's go to madrid. that 65 billion recapitalization, i mean, i'm presuming, you know, that wo

l's debate show cross talk today focusing on the u.s. as a global superpower of cultural influence secular to what's coming up. after a decade of wars and an ongoing global financial crisis particularly in the eurozone just how attractive is the west when it comes to soft power is the where specifically the u.s. losing its ability to influence others through example and the power of ideas and values. and. in canada thousands of taken to the streets of quebec following weeks of protests and demands for tuition fee freeze frame didn't stop the demonstrators from marching three months rolled two days after talks between. the government failed to help thousand people have been arrested since protests started doesn't quantities this isn't the presence. of the force that can influence and canadian government thinking has been blamed for. the canadian province of quebec a region that prides itself on free healthcare and affordable education for its residents students here pay a fixed amount for tuition fees around twenty five hundred dollars a year for all of the colleges and universities that's the lowest rate in north america and the taxpayers pick up the rest but that model

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crisis. we can see the mother ofher of l bailout. >> it is in and looks like it is in the planning stage.it right now. it is the lehman brothers of europe . plans are made for the central banks of the world to just print a trillions, plural of euros . the plans are being made. that's what we say. >> brian: it is more man depleesethat get bailed out. >> they will all get bailed out. everybody who needs money will get it i think it is looking likely to happen. >> gretchin: germany seemed to be the lynch pen and always the bailout mother. germans have to say to the european central bank. go ahead and we'll give you the authority to print money. >> gretchin: president obama meeting with the world leaders and that picture of merkel, is that working? >> who knows. and the germans to be pushed to the brink of the crisis and president obama is pushing for a huge bailout and he want its the and the federal reserve will be part of it. >> brian: our federal reserve. >> our federal reserve will be a part of it, yes. now president obama may have to pay a political price if our money is involved in bai

crisis gein the education system. >> their actions turned somer heads on nethe national mall. >> i'm wondering what's happening here. >> what does it look like? what does it look like?l an assembly? >> here's what this is. 7857 desk, one for every kideve that dropped out of school,of every hour out of every school day.ol >> every hour of every -- >> this many people? not going to school? that's just crazy.t had i didn't have any idea. >> nationwide? >> yeah. >> that's shocking.ki >> you're on the national mall, within sight of the washington monument, and you see the sea of desks here, and it, you really think about each desk represent a student that every hour isho going to drop urout of school. it drives home the point, and drives home the crisis situatio in american education. >> the secretary of education, and you are shocked by this visual? >> i think it's so helpful for folks to understand. the biggest challenge is complacency, we need to charo people, get them to -- shock people, get them to understand. >> it's the foundation for theio national security, for jobs, for the economy, for healthcare. when that foundation starts to crumble, which it is, that puts e

la riqza de estadounidenses, segÚn datos, u fÓrmate seÑala qa crisis e qui llevado la peor parte en ella esalase medi el sustuyo dned k que lutraran au hi. >>> y policÍa atribuye violeia e sacude a ccago las pandillas, por eso se plga un ley q pefrme combatir a estas bandasom oo grup d im organizado veamos 6r c est firma del gobierno de pat queens iinois el estado 3 en el paÍ en aprobar la ley ricc que@yuda a coatir a las pandillas com ornizacionon criminales. >>> iremos tras Íres de pandillas q causanciÓn enhicago ystado de illino, la procadoraijo que s busca desmtelar pandias y que delitos motcontrataciÓn pa asesar, secuestros tra f co de drogas serÁ juzgado como crim organiza. >>>ace 30 aÑos y ro wr cargos que podemos har, con una mana de obtener... >>> l nueva ley tiene eecial signifo parachicago, una de las ciuda con mayor nÚ de pandillas en el paÍs, cn mil miemos conrman sus filas a quienes s les atruyener reonsable ere 70 y 80% d crÍmenes en la ciudad. > cuaoicierona ley ri al n federal enfoco a l mafia y sus accione y esto serÁ mÁs menn laisma manera. >>> la cifra de mueos en chicag sera 200 vÍimas increnen de51% en

recessions, bouts of inflation, the crash of the s&l industry, all kinds of devastating natural disasters, 9/11, all the while prior to the financial crisis of '08 there were thousands of bank failures, individual years in which hundreds of banks failed. and during all that time one money market fund broke the buck. there was no run. there was no contagion. and investors got 96 cents out of every dollar. then along comes the financial crisis, it's the worst since the great depression. investment banks go down in smoke, commercial banks crumble. an entire industry is wiped out. the big wire house broker dealers no longer exist, all either being forced to be bought or convert their charter. and while the entire financial services sector is virtually collapsing and seizing up, the panic that seized this whole sector did, in fact, effect some of the money market funds somewhat. one of them broke the buck, extraordinary measures were taken, i understand all that. and then you impose new regulates, liquidity, maturity, credit enhancement, more transparency. and since then we've had another round of real stresses, another, you know, an ongoing,

you correct l said banks have been making hay by charging high rates to recharge their balance sheets rather than pass on the savings to consumers which is normal behavior for banks in crisis scenarios. >> i'm glancing with a little bit of a left eye on yesterday and on the bank of england's announcement that we saw four to five voting for more quantitative easing. mervin king being out voted. if you look at the retail sales data they did the right thing. if you look at other data, maybe they didn't. >> again, i'm putting this in the context, the base effects coming off a very low base. secondly, consumers who are opening wallets and spending again are those with jobs. when you compare it which the bank of england is looking at to the employment figure there's absolutely no improvement there. so, those who are in jobs are starting to have a bit of cash in their pocket and spend it again. those without jobs still remain a major drag on the economy. the overall growth figure for the uk will remain poor and the export picture is also looking poor. >> roman, do you think that we're going to start to see wage inflation happening not just in the uk but globally? we keep coming b

l venezolano impugnaron la candidatura de hugo chÁvez porque estÁ imposibilitado porque recientemente asumiÓ un grado de militar activo, chÁvez quien estÁ a punto de cumplir 14 aÑos al poder aspira a 6 aÑos la crisisueÑo poblado de. (nombre en inglÉs) salieron a las calles para protestar porque la alcaldÍa estudia un proyecto de ley que prohibirÍa la obblasfemia pÚbli, pero nadie tiene derecho de prohibir nada, porque a la gente que la viole se le impone una multa de 20 dÓlares por nal decir quÉ les parece. hay que tratar a todos con un jabÓn cito en la boca para que no lancen insultos, lo tienen que dejar todo ir como lo vamos a dejar nosotros. >>> leregou. leregou. >>> leregou. leregou. >>> seÑoras y seÑores, ha llegado la hora, ha llegado el momento de saber quÉ dicen los signos del horÓscopo con el mÁs querido, sÁbado gigante tiene el mÁs odiado y "despierta amÉrica" el mÁs querido de todo, vÍctor florencio el mÁs querido de todo >>> hola, >>> good morning por la maÑana >>> cÓmo estÁn >>> bien, muy bien, muy bien aquÍ, con muchas energia hoy, asÍ mi niÑo para subtitulos disponibles gracias a esa esp n empezar >>> hay que tener fe, falta p o poco. bueno, hoy te cuento que hoy martes 26 ingresa