standing in the way for some who are trying to hold regulators accountable joining me now is larry williams he's author and veterans future traitor and he's going to tell us all about this because he has been trying to get some people held accountable it hasn't been working too well we're going to talk about why first of all thanks so much for being on the show. thank you my pleasure yeah just to put this in context mr williams you had money in a segregated customer account with pair or gray and quite a bit of money according to a former what you told me in a phone conversation we had have you gotten any back. no i haven't no i have not ok so no money back from peregrine and as we know because we've covered this extensively this fraud by the c.e.o. was going on under the nose of regulators for years he was also a fine bank statements using a phony p.o. box and while the c a t c is old similarly the regulator in response that's responsible there is what's called a self regulatory organisation and the n.s.a. the national futures association which was responsible for much of the day to day pol

lost it here's larry williams i want to play he says it's never been this bad. to see brokerage firms collapse and with no support from the government or the the regulatory agencies that was never anybody's imagination not in their worst nightmare. so he's saying these things were not on anybody's worst nightmares or worst imaginative scenarios and the numbers support this decline in confidence a c.m.e. q three profits are down thirty one percent volume has declined is this all a reflection of lost confidence in the wake of m.f. global and p.f.g. best in your view. that and you know a whole laundry list that we don't have time to get into i mean the financial sector has messed up left and right in my view over the last several years there's just a litany list whether or not it's m.f. global or peregrine or whether or not it's the barclays attempt the manipulation in libel or four and that's there is then if you were to to rewrite that list of what they need to worry about in terms of fraud in terms of as ponzi schemes in general looking at these markets today wo

williams is there with the latest. >> you are still the prettiest girl at the ball. >> the actor larry hagman, j.r. ewing from the tv series dallas has died at the age of 81, manuel bojorquez looks back on his long career, and signs of the times, lucy kraft shows us the high tech advertisements that are becoming an inescapable site in modern day japan. captioning sponsored by cbs this is the "cbs evening news." >> good evening, the i am chip reid, one day after the holiday season kickoff the nation's merchants have reason for joy, by one estimate the number of black friday shoppers was up 20 percent over the same day last year. the question now is whether shoppers can maintain the pace. terrell brown is watching the shoppers and their treasures in new york tonight. >> it is shaping up to be a record-setting opening to this holiday shopping season. one retailer at wal-mart the neigh nation's biggest said it sold nearly 5,000 items a second on thanksgiving night, as stores opened their doors this year earlier than ever. >> the pumpkin pie was barely eaten thursday night when retailers opened their do

immediate suburbs of washington, dc, are ones to watch including prince william county, and, also, north of here called henrico, and larrypredicted record town out, four million virginia pollers and the lines bear that out with long lines, lots of voters turning out and the weather has been cooperated in the 50's, no rain, and virginia voters have been patient trying to exercise their duty on this election day. >>shepard: very important state for governor romney tonight the state of virginia. >> there has been a lot of talk about enthusiasm, which side supporters really want to win the most. and we may not be able to tell a lot about the direction the vote going by who is showing up to vote like gender, age, and the makeup of counties in which people live but we will find out from both sides what they are looking for, for hints. and the democrats joining us now, the obama campaign reporter, i have been watching you since can this morning. good to see you leader. >>guest: great to be here. >>shepard: i am looking at northern virginia, that is one of the first things that will give us a sign. how are you looking in norther

larry hagman. he was the best tv baddy. from people who met him, all said he was a great guy. and star trek's williamweeted this, my thoughts and prayers go out to the family of larry hagman. my best, bill. >> and one of sesame street's emmy award winning directors has died. emily squires was 71. she also wrote for the soap operas, search for tomorrow, guiding light, and as the world turns. >> did you know that one in five men have private e-mail accounts. that's according to a recent study by an internet security company. the reasons range from hiding financial problems to corresponding with an ex or current lover. just a few things trending. >>> home sales are starting to get back on track. that, too, is kind of trending. if you're thinking of jumping into the market, we have some tips to help make you a little bit smarter about buying or selling. >>> plus, if you're having a hard time getting into the holiday spirit, our movie critic shares her favorite heartwarming holiday films. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print f