it turns out lecroy had paid money to langford's friend bill blount.according to federal prosecutors, the money was for bribes... $3 million from j.p. morgan to blount, who in turn passed money and gifts to langford. >> i can't say that j.p. morgan paid bribes. certainly didn't pay any bribes to... to larry. now, what j.p. morgan did is they paid some benefits to bill blount. is it bribery, is it undue influence, is it good or is it not good? it depends on the situation. but certainly it's at least got the potential for corruption. >> narrator: in 2010, langford went to jail on charges of bribery and fraud. he is currently serving a 15-year sentence. langford's friend bill blount cooperated with authorities and is serving four and a half years. j.p. morgan settled with the sec for $25 million and was ordered to forgive the county fees totaling $697 million. charles lecroy was sentenced to three months in jail after a similar deal in philadelphia. >> jefferson county, alabama, was going to teach america how to use swaps and derivatives. now it's running

capitol brought to you by the utility workers of america, good men and women under president michael langfordl services and a much brighter future. find out more about their good work at uwua.net. we have been talking about the olympics, the coverage and the games. your comments welcome at 866-55-press. we will continue to take your calls on commence on facebook and twitter about the olympics. we take time out for another important event. 99 days to go. mitt mitt romney has decided he can't compete. on the world tour to show he is prepared to take the world stage as the leader of the free world, first in longdon, now in jerusalem. today to poland. how is he doing so far?don, now in jerusalem. today to poland. how is he doing so far? >> often, in the studio, joining us, juana. >> thank you for having me. >> good to talk to you again. the purpose is to show again he is prepared to be a world leader on the world stage. mitt romney, how city doing so far? >> now in jerusalem, it appears to be a rockier start than in london. comments by some criticizing the british handling of the olympics. there

a brighter future, the good men and women of the utility worker's union under president michael langfordheir good work at their web site, uwua.net. we're talking about mitt romney at the naacp yesterday. maybe he went in there to get boos. maybe he went in there enough to speak to that audience but to his base because he certainly insulted the audience he was in front of and vowed again to repeal obama care. we'll get back to your calls about yesterday's speech but first, just a quick time-out to say hello to ginger gibson, national political reporter for politico. hey, ginger, good morning. >> good morning. thanks for having me. >> bill: glad you're there. front page story in "the new york times" this morning. we've heard rumbles of this the last few days. republicans saying to mitt romney hey, you know, you better step up your campaign here because the obama campaign seems to have you on the ropes lately on offshore investments on outsourcing jobs. and on opposing tax cuts for 98% of americans and some republicans saying the romney counter punching that we saw so effective in the prima

the good men and women under president michael langford.rvices and a brighter future and locked into a very, very important battle against con ed up in new york city just demanding good working additions and good benefits there from con ed and con ed, despite the fact that with all of the heat wave and people depending on the utility workers more than ever, they have locked the union workers out of the shop and not cooperating. so hope the utility workers prevail in that little action against con ed up in new york. meantime, on the issues of the day, no better way to keep track of what's happening here in our nation's capital both in the congress and at the white house than checking out think progress. we tell you how important it is to our show and all of the other progressive talk shows around the country. thinkprogress.org led by judd legum, a regular tuesday visitor to our studio. good to see you again. >> good to be here, bill. >> bill: did you a little research into how the tea partiers who came to town saying we don't want anything t

. >> here with the scoop on what to buy right now is kim langford, a contributing editor to kipling"kiplinger'sne is at the beach and thinking about vacation, that's when the stores are offering great deals to get you in there. >> get the traffic going. >> exactly. if you work ahead of time and a few weeks before everyone does back to school shopping, you can hear really great deals. >> you always hear christmas in july and people buying stuff. everyone is doing their christmas shopping now. is that a good idea? >> you can get some things earlier. some of these christmas in july deals and black friday july deals, a little bit of them are gimmicky. not as good deals as you would get in november during the real black friday. you can get some really good deals now. especially as the end of the seasons wind up, especially on furniture and clothing, back to school things, those are exactly right this time of year. >> you look for discounts and the right sale. >> delaware is a great spot. yeah. >> the sales tax-free day. >> that is coming up. 17 states this year, are offering sales tax-free days. usu