lewis.ou could have a mock trial. >> spin a tale of a guy who saved the world, essentially the banking system, but yet tanked the bank or a guy who really, what, knuckled under to government pressure or any number of -- >> cried like a baby, yeah. >> what i thought was interesting is there is only one sin that john fingers him with, which is the last deal. and that's like, what, how many prize fighters, you always find one fight too much. >> you can argue countrywide was a precursors to merrill. a lot of people look at ken lewis' career and says, we get to the maximum deposit level. now what does he do? and he starts buying credit card companies. he starts going outside the realm of his comfort, buys countrywide, buys merrill. maybe these are things that he didn't know as well as good only regional banks. >> and i think dick bove is right in the technical sense. the losses are accounted for before the merger and he take those losses and the bank ends up making money because you preloaded the

but ken lewis is stepping down. he's notifying the board probably momentarily, or he's done so already, and it's going to be by the end of the year. >> has the company given you a comment on this? even if it's a no comment. >> no comment yet, but my sources on this are impeccable. i will tell you this. he is stepping down by the end of the year. he is telling the board he's stepping down. he's either doing it now or he did it just a few minutes ago. and ken lewis's reign as ceo -- remember, he gave up the chairmanship not too long ago amid the merrill lynch thing and all the stuff with the bonuses. he's no longer the chairman. i forget the gentleman who is the chairman. but he will give up the sort of day-to-day operating title, ceo. he'll be essentially out of the company. this is a major thing. remember, we've been speculating about this for jose. i reported i think last week that, you know, the only way he would go is, a, if he was charged by the s.e.c. >> charles, thank you very much. come back to us if there ar

lewis and b.o.a. have me under fire sin it was learned merrill gave billions of dlars in bonuseso employees while getting bailout money from t government. lewis says he's confidt in leaving now, becau b.o.a. is ready toeet the challenges of a global economy. the bank says lewis s a key pler in establishing it as a global finanal franchise and now it wl look for a succsor. joining meow on the phone for the last analysis of lis' retirement from b.o. is dick bovebank analyst at rochedale securities. her hell >> susie: why now? y the timing of today's departure? >> i think there are jt too many goverental actions being brout against the company. i think that newyork city and ohio are both sui the company. you've got the s. c., ngress, and a federal judge all nting to do something against the compan so that's the reason why now. >> susie: do you think that the obama administration had anything to do with lewis' departure? >> well, to the degree that they controlhe s. e. c., the answerould be yes. but i'm n

in the u.s., it's light out for ken lewis. he's calling it quits at the end of the year. >> hello, everybody. welcome. very glad that you're with us this morning. we're here covering the markets for you and showing you all the activity that's taking place. we've had the euro zone manufacturing pmi data. 49.3 versus 49 as you can see on the screen. it is growth slowing down from very, very low levels. the euro/dollar, 1.4589, not sure that we're seeing any direct reaction to that. it seems that we're in this trading range ahead of g-7 this weekend and the nonfarm payroll data tomorrow. european markets, though, the general markets, relatively flattish this morning. you can see we're trading higher by 0.5%. the banks, uni credit, all up somewhere in the region of 1% to 2% or so. the dollar cross rates, we continue to be focused on dollar trade these days. higher by 0.3% against the yen. we're looking at euro off a bit against sterling. another bright spanking day to get started with, christine. how are you, how is asia? >> not s

ray lewis called the officiating embarrassing. he's right, but despite the loss, you have to feel good about it. >> they nung there >> open kickoff, they fumble. the team would have folded in years past. but they showed resiliencey. with the exception of one dropped pass i can't put it -- >> no. they were in position to win on the road with 30 seconds. >> there you go. see you in a bit. let's get to one of your answers to our "question of the day." >> will early holiday deals entice you to begin shopping sooner? >> "yes. as a matter of fact, i've been putting my holiday spending money aside all year long so bring on the sales. i'm ready. " keep emailing those responses to watercooler@wbaltv.com. we'll read more in the next hour and we'll post all of them on the front page of our website. >> here's a look ahead to our next hour. >> the unemployment rate is rising but some employers say they can't find foam fill jobs. -- people to fill jobs. >> a famous pow set speaking out. -- poet is speaking out. >> and some great video from new

a nice ray lewis license plate as well. you said you sometimes take this out on game day and get some perks from it. >> that's correct. people at the stadium will run out and try to hand me a beer as i'm driving by or want to get on it or pat me on the back. it gets a lot of attention. >> i bet it does. it is one of a kind. it is awesome. you still drive it with pride even after yesterday. we showed a lot of guts in that game. let's look at our current radar and satellite imagery. a big mass of moisture even clouds to our south. we're blocked by high pressure. kind of like a ray lewis sack, if you will. looking good. tony what do you think about this thing? >> we've been waiting for almost an hour for to you start that thing up and ride off -- well, into the sunrise. >> i want to. is it going to be like 7:06 this morning? >> that's too late. we're off the air at 7:00. >> maybe it will be light enough. >> how convenient. i still want to see you ride that thing it looks cool. >> thanks. >> let's talk about the weather. things

investigators are looking into whether lewis and other bank of america executives knew lewis paid huge bone newspapers despite losing money last year. bank of america got billions in ilouts from american taxpayers, a successor is expected to be named before lewis leaves. >> it's getting chilly in some areas, temps could drop below 50 degrees in some areas. bob is there to tell us about that. >> right here in washington, that hasn't happened since may. right now, we're at 57. we had also gusty winds, those are diminishing. already the temperature is below 50 and the heat may be on. winchester, martinsburg, frederic, there's a frost advisory out for western maryland and high valleys of west virginia out to the west of winchester. many spots tomorrow morning, high 30s, that's strong, it is october, october sun will be bringing back some warmer air as we go through the next couple of days, back to you. thanks, bob. >>> still ahead tonight, some unusual suspects charged with recruit i recruiting gang members at a high school. >> a dog found on the side in oklahoma will be reunited with its

. >> ken lewis was leaving either way. now he's leaving a year earlier. you know he was planned, i think, to originally leave a year later. and you would think that this concession would had been in place before that. i really don't think that it's that big of a deal. and i think it cannot be bad for trying to clear up some of these issues? >> couple of things on the financial sector. certainly the economic data calls into question the consumer credit quality right now. i still think you could own the best in breed names, the bank of america going forward. the real telling it's real telling lead in the financial sector is look at cme. that's a real play on the capital markets. it seems to be, that gives you the directions of the overall financials. today cme down quite significantly. broke down below 300. and when that happened, melissa, the first time in a while, we had that recession fear trade with the credit card dates, the visa, the mastercard names, those began to work. no mastercard closed on the lows but a name tha

debate who is likely to replace ken lewis.p next, a look at the hottest toys from the holiday season. >>> one year later and the dust hasn't settled as another wall street head honcho rides off into the sunset. who is next on the wanted list? charlie gasparino mounts up and gives us more street straight shooting. >>> and it's all eyes on tomorrow's big jobs report. a top economist tells us this report puts an end to seven months of stock gains. >>> plus the lightning fast liquidator eases off the pedal for the fourth quarter for a slow energy trade for the long term on america's post-market show tonight. >>> second hour of "power lunch" gets under way for this first day, the trading day of the fourth quarter. i'm bill griffeth. the dow down more than 140 points.coa and travelers the on blue chips not seeing minus signs. >>> in testimony before a house panel, bernanke has been advocating a slightly less aggressive approach to regulatory reform than the obama administration has been pushing. >>> ford reporting september sales de

. >> jim, bertha lewis, the c.e.o. of acorn defending the embattled activist group at national press club in washington this morning, saying reports of a $5 million embezzlement are not true. she denied the revelation that dale rathke, brother of founder wade rathke, allegedly embezzled $5 million from acorn, five times the amount acorn said was stolen. the new amount was revealed from a subpoena by james buddy caldwell, from louisiana and he told me he wants to know the truth about acorn's finances. he subpoenaed acorn's financial records dating back to 1998. at a the news conference, ms. lewis blamed former board members for the inflated amount. acorn says dale rathke actually stole $948,607.50, not $5 million. >> this speculation is completely false, and not based on any documentation or any audit or anything other than two disgruntled former board members. >> she branded the attacks on acorn as political and modern day mccarthyism. as for the undercover tapes made by james o'keefe and hannah giles, he said that the

after 40 years with bank of america, ceo ken lewis is resigning at the end of the year. he has become a distraction as regulators and lawmakers, over the details of the $29 billion takeover of merrill lynch. lockheed martin says that the delivery and launch date for the newest pentagon satellite system will be delayed to early 2011. the system was supposed to be launched this december but has been pushed back five times. that is business news at the new york stock exchange, reported for wbal tv 11 news. back over to you. >> we will see you back here at 6:15 for your next report. >> coming up, we will get another ligature morning commute with traffic and weather together. >> -- get another look at your morning commute with traffic and weather together. >> and we will tell you all about the patriots and the ravens coming up. >> do not forget to e-mail us your answer to the water cooler question of the day. do you think kids who are alloawed to eat candy every day could be more likely to commit violent crimes when they grow up? >> the ravens are looking to go 4and -0 this s

charley gasparino on ken lewis. let me ask you, larry fink. what about everything that went down with ken lewis? i know it's not being pushed out. everybody said, we didn't ask him to leave, but he must have at some point said, i want out. because of all the pressure. >> i'm close with ken. i saw him most recently for breakfast. i think ken was tired. i think he's a very proud man. i think he respects that the institution is much more important than he is. i think he felt he was going to become a hindrance to the institution. i think -- i was hoping that he was going to stay on another year, but i think he believed that the institution is back on its feet, the institution will be able to find a successor, whether it's interim and having a more long-term appropriate search there. so i think he believed the institution can move on without him. i think he chose to spend more time with family. i think it's that simple. >> do you think did he a good job. >> i think ken was one of the greatest builders of the retail bank franchise that we've ever se

charges ken lewis -- ken lewis is going to be here to the end of the year, at least that's what they're saying. if the s.e.c. charges him, certainly he's got to go. if there's a criminal charge, he certainly has to go. the question is, would that charge occur before the end of the month. it's possible. it's possible cuomo's expediting matters. from what i understand, they're still a way away from the sense that cuomo wants to interview board members. that can't be done in -- very quickly. unless cuomo's ramping up this thing really fast with lewis' resignation, chances are you won't have an emergency ceo. you'll have, you know, whoever they pick by the end of the month. like i said, there's talk about an interim ceo, somebody to come in for the next two years while those other sort of candidates get a little seasoning. talking about going outside for someone more permanent. a little bit of flux right now. >> isn't the real question, regardless of who's coming in, what is the new ceo going to do to help clean up bank of america. there were notes around this morning, this is a conglomerat

could she be ken lewis's replacement? if not, who might it be? >>> plus, what's it going to take to revive the thundering herd at merrill? back in a minute. welcome to the now network. population: 49 million. right now 1.2 million people are on sprint mobile broadband. 31 are streaming a sales conference from the road. eight are wearing bathrobes. two... less. - 154 people are tracking shipments on a train. - ( train whistles ) 33 are im'ing on a ferry. and 1300 are secretly checking email... - on a vacation. - hmm? ( groans ) that's happening now. america's most dependable 3g network. bringing you the first and only wireless 4g network. sprint. the now network. deaf, hard of hearing and people with speech disabilities access www.sprintrelay.com. but milos only wants to play for dallas. milos really wants to play for brussels. milos only wants to play for shanghai. buenos aires... frankfort... paris... milos really wants to play for rome. [ crashing glass ] how's your japanese? we know why you fly. we're american airlines. >>> jabil circuit at a

that bank of america is ining in theortgage market because of it. >> reporter: and for all t fl ken lewis has taken, the bank's lal problems don't end th his departure. it still faces probes byew york state attorney genera andr cuomo, congress, and regulators over whether lewi misled investo about merrill's loes and bonuses. on t of that, the bank has yet pay back the money it owes cle sam as part of the tarp program. that said, psser still think the stock is a good y. >> reporte he thinks the stock will get a big lift as sooas bank of americstarts paying ck it's $45 billion dollars tarp funds. he thinkthat could happen by the enof the year. erika miller, "nightlyusiness repo," new york. >> paul: wl street was hit with a sharp sell-off today,s vestors feared a larger than expected jump weekly jobless benefit claims foreshadowe weakss in tomorrow's release of the september empyment port. a weaker than expeed reading on manufacturingdded to worries that the ecomic recory was stalling. so two hoursnto trading the dow was off 154 pots and the nasdaqown 52 points. the selling continued righ th

former defensive lewis of the ravens now with the bangles, his boy's ready to rumble.go 3-1 and palmer,lob and much obliged. that's worth another look. watch it. great play, one hand. ny give me that, that's mine. and they're tied for first place and cleveland wins it in four tries and cincinnati, here next week. downtown at the yards, final o's game and bottom of 11 and jeff, laying down the bunt and routine out. no! bad throw from lee and the second error throwing and aubrey scores a game winning run and that allows the season ending and the birds finish the campaign with 64 wins and 98 losses. finally, tonight from timonium, hoss beats watson at the scene your's golf event. >> well, and tony stewart won. >> good to know. want to know anything else. >> well, at 11:00. also, at 11:00, a phony physician, a man arrested after posing as a fertility doctor and accused of assaulting male patients. and a man tries to board an airplane with a gun. >>> be sure to watch cold case at 10:00 and that's immediately followed by eyewitness news at 11:00. >> >> well, normally, this t

not a chance in hell. >> we are joined by bertha lewis. >> lewis did appear with chris wallas on sundayitted she found problems after taking over in june 2008. but she had addressed them. >> since i took over, i have overhauled. >> wait, wait, wait. >> she also said she would appoint an outside auditor. >> there are the videos which have happened on your watch. >> those folks were terminated immediately and what did i do? make sure we have an independent review and make sure we suspend walk in activities so we could review what worked and didn't work and instances that those folks were thrown out. >> lewis took a shot at her predecessor wade rathke. >> i know that last year, we were outraged that the board didn't know about the previous chief organizers activities. >> she has had to completely overhaul the finances and all of the controls so that things would finally be above board. why hadn't you done that when you were at the hel m. >> i am not getting into a play by play of what bertha may have said and find necessary to say these days. but the organization was ours independently and

. >>> ken lewis is out. now bank of america is looking for a new leader. >> linda bell joins us now. >>> bank of america colorado ken lewis has put the bank back in the spotlight. we hear the plan to make a decision on the appointment of an emergency ceo this week. they are working on a contingency plan in case ken lewis steps down before the end of the year. the bank did not name a replacement after ken lewis said last week he was stepping down. stock index futures are higher ahead of a report that may show the services industry stabilized last month. simmons bedding will soon file for bankruptcy protection. the bnkruptcy move is part of an agreement by owners to sell the company. it marks the seventh time simmons has been sold in a little more than two decades. that is your business news. live at bloomberg headquarters in new york, i am linda bell. back to you. >> thank you. >>> 55 degrees outside. 6:38. >> when we continue, pro football goes pink. the nfl is helping to tackle breast cancer. >> a planned p

now that kenneth lewis is stepping down. that leadership vacuum is just one of many hurdles confronting the banking giant. erika miller explains. >> reporter: no matter who sits in the corner office of bank of america, the challenges loom large. n.y.u. professor karen brenner says the biggest one is restoring trust with employees, customers, investors, regulators, basically everyone. >> that will clearly be the key objective of anybody coming on board. and given the distrust that surrounded these events of the past year, i think that's going to be clearly paramount. without it, it is going to be hard to maximize the value of the firm. >> reporter: having a new c.e.o., and several new board members may also make is more difficult for the bank to execute its business strategy. add to that, internal turmoil stemming from the ongoing integration of merrill lynch and countrywide financial. still, analyst stuart plesser says those mergers will ultimately prove to be good strategic moves. >> the acquisitions are paying off. merrill

s to make an example of them as we just did again with ken lewis. >> if there is this pendulum will we have to go whole hog into socialism before we do what the europeans doing? >> i don't think so but we have to start owning up to capital i'm many failings and i'm talking about crony capitalists. these are the people who are politically connected and that get rich at the expense of the rest of us because they are politically connected. examples, government employees. fat cat bankers who pull down $20 million bonuses paid for by taxpayers and i'm not talking about ken lewis. i'm talking about fannie mae. >> they rely on government connections. we're all against the government handouts. >> you make a distinction between political entrepreneurs like fannie an freddie and truly entrepreneur like apple and microsoft and starbucks and others who do it the real way. there is a difference between the two. go back to the history of the railroad. you had the same distinction between political entrepreneurs who built the railroads that cost three times as much that were shoddy and those that did

miss lewis also denied that acorn has a sinister white house connection.on: we are learning new details about a man accused of plotting a terrorist attack in new york city. the associated press reports najibullah zazi was in close contact with a top al qaeda operative just weeks before the planned attacks, and a cia informant led to the rest. new details show cia efforts to track al qaeda played a central role in breaking up the alleged plot. prosecutors say that zazi receive training in pakistan, where a cia intercepted detected his presence in 2008. investigators say that zazi was planning to strike targets in new york city on 9/11 with homemade bombs. jane: on capitol hill, the congressional budget office is crunching the numbers on the health care bill from the senate finance committee, a key to this whole process. the committee was supposed to vote today. carl cameron is on the hill today to talk about it. >> there was a predicted vote today by the chairman of the committee, max baucus of montana, who chaired the committee through eight months of very

. >>> plus, the ken lewis exit strategy. you're watching cnbc, first in business worldwide. can't wait for the market to heat up. (woman) need to sell? re/max agents have the experience to get the job done. nobody sells more real estate than re/max. where do you want to be? we know why we're here. to stand behind all who serve. ♪ to deliver the technologies... vital to freedom. ♪ to help carry hope to those in need. ♪ around the globe, the people of boeing... are working together -- for what matters most. that's why we're here. ♪ >>> welcome back to "the call." for customers of td bank, the bank says it has having computer problems and that has delayed postings of transactions from late yesterday. that may mean that customer bank balances are not up to date. they say they are working to solve is problem and will reverse charges that have occurred as a result. >> thank you so much. >>> joining me right here on the floor of the new york stock exchange to decipher what's going on, alan valdes and peter. how much of this is related to bernanke's comments regarding the dollar. ho

lewis was stabbed to death. his lincoln was missing from the scene, but the suv has now been found in the city. we will continue to follow that story and update you later today. >>> this noon, several people, including a city firefighter are recovering from a fire. flames broke out in the 4200 block of sheldon avenue. two people were transported to the hospital. >>> a second earthquake has hit indonesia bringing down more buildings. thousands are feared dead after a tsunami after the earthquake yesterday. karen brown reports. >> reporter: rescue workers rushing against time and pulled this woman out of the rubble. crews search for thousands still missing after two major earthquakes hit indonesia. this morning, the 6.8 quake hit miles from the wednesday's quake of 7.6. in the city of padang, hundreds of people ran for their lives. at least 500 are dead, but it may take days before the extent of the damage is known. emergency shelters were opened to give refuge to tens of thousands. the earthquakes come a day afte

so just fyi, so back to lewis black. so is president obama's new car smell wore out. >> when people wented into the voting booth that day, some people were just off. >> he did get 60% of the vote. >> they had a big love affair, and i didn't have the one that the rest of the country did, because he was a democrat and that's no better than being a republican. >> you don't think either party is any better than the other? >> i think we're in the high level of screwed. >> how can you think that there's no difference after the bush administration, which was hideous? >> well, we finally got someone who can speak in a paragraph we can stay awake through, that's a change. >> he's very smart, he's a smart guy. >> he's very comfortable in his own body, which is also like -- bush was like -- was like an alien had been placed inside the skin and you were never -- >> but weren't you impressed at the way he ducked when that shoe was thrown at him? that was the most impressive day i ever looked at him. >> it showed real movement. >> com

. >> authorities say 55-rodney lewis's body was found inside his home yesterday afternoon. his 1998 lincoln navigator was stolen, but police found it in baltimore city this morning. police have no leads are suspects in the case. if you have any information, you are urged to call metro crimestoppers. >> this week, a baltimore family got the news they have been waiting for. 37-year-old mia nichols has been down. her body was uncovered in a wooded area of baltimore county, and an arrest has been made in the case. >> her onetime live-in boyfriend, tyrone webb, has been arrested and charged with first- degree murder. on october 28, 2008, she left her job at volunteers of america, parked near her home, and vanished. three months of the case, the vigils continue, and her three children were still waiting for their mother to come home. >> your mom did not walk out on you. do not think she just left you. this was something out of her control. she loves you, no matter what, and we love you. >> we will not be satisfied until we all the answers that we need, some kind of closure to thi

whether an insider or outsider to replace ken lewis. charlie gasparino joins us with the latest news and gossip on who the successor might be. what are you hearing, charlie? >> well, less gossip and more news. listen, the bottom line is, the bank of america board met today. there clearly is a preference of going to people with knowledge of this meeting for an insider, someone at the firm right now to take over. however, the board is feeling pressure, sources tell cnbc to open this up to the outsiders. so they are now determined to open this search up to outsiders. that doesn't mean an insider won't get it. but they're clearly going to look and evaluate outside candidates for the job to replace lewis. kind of interesting, the inside candidates, i think, come down to two. greg hurl, the head of risk and guy moynihan, who runs the retail bank. if you haven't read it already, there's a great story on the street.com which talks about greg curl, how the guy is relatively unknown guy on wall street, that was behind the scenes, putting together

i can't imagine having too many friends, lewis. oh i can. i open the door to my apartment and 90,000 friends jump out from behind a futon screaming "surprise, happy birthday !" i would be in seventh heaven. i'd be in emergency cardiac surgery. you know a real friend would be giving me mouth-to-mouth resuscitation right now. here's to discovering that the little things in life are often big things and the time well spent doesn't always mean money must be spent people everywhere are building their lives on more solid ground through sound choices and a smart approach to their finances and they're turning to suntrust for easy ways to save money and take more control over it live solid, bank solid. suntrust. ♪ ♪ mmm! ♪ and i would do anything for love ♪ a.1. makes meat loaf sing. a lot of other beef too. >>> the nobel peace prize surprise as president obama is selected as this year's ward winner. the nobel committee commended mr. obama for his extraordinary efforts to strengthen international diplomacy and cooperation between peoples. the committ

acorn's response, quote, not a chance in hell. >> we're joined today by acorn's c.e.o., bertha lewis.appear on fox news sunday and admitted she found problems after taking over in june of 2008 but she said she had addressed them. >> since i took over, i have overhauled the entire system and -- >> wait, wait. megyn: she also said she would appoint an outside auditor. >> you say you overhauled the whole system. >> yes. >> there are the videos that happened on your watch. >> those folks were terminated immediately and what did i also do? make sure we have an independent review, make sure that we suspended any walk-in activities so we could review what worked, what didn't work in instances, those folks were thrown out. megyn: lewis also took a shot at her predecessor, wade rathke. >> i know that back last year we were outraged that the board didn't know about the previous chief organizer's activity. megyn: she said she has had to, and i quote, completely overhaul the finances and all the controls so that things would finally be, quote, aboveboard. why hadn't you done any of that when you

acorn's response, quote, not a chance in hell. >> we're joined today by acorn's c.e.o., bertha lewis.egyn: he did appear on fox news sunday and admitted she found problems after taking over in june of 2008 but she said she had addressed them. >> since i took over, i have overhauled the entire system and -- >> wait, wait. megyn: she also said she would appoint an outside auditor. >> you say you overhauled the whole system. >> yes. >> there are the videos that happened on your watch. >> those folks were terminated immediately and what did i also do? make sure we have an independent review, make sure that we suspended any walk-in activities so we could review what worked, what didn't work in instances, those folks were thrown out. megyn: lewis also took a shot at her predecessor, wade rathke. >> i know that back last year we were outraged that the board didn't know about the previous chief organizer's activity. megyn: she said she has had to, and i quote, completely overhaul the finances and all the controls so that things would finally be, quote, aboveboard. why hadn't you done any of t

acorn's response, quote, not a chance in hell. >> we're joined today by acorn's c.e.o., bertha lewis.he did appear on fox news sunday and admitted she found problems after taking over in june of 2008 but she said she had addressed them. >> since i took over, i have overhauled the entire system and -- >> wait, wait. megyn: she also said she would appoint an outside auditor. >> you say you overhauled the whole system. >> yes. >> there are the videos that happened on your watch. >> those folks were terminated immediately and what did i also do? make sure we have an independent review, make sure that we suspended any walk-in activities so we could review what worked, what didn't work in instances, those folks were thrown out. megyn: lewis also took a shot at her predecessor, wade rathke. >> i know that back last year we were outraged that the board didn't know about the previous chief organizer's activity. megyn: she said she has had to, and i quote, completely overhaul the finances and all the controls so that things would finally be, quote, aboveboard. why hadn't you done any of that wh

acorn's response, quote, not a chance in hell. >> we're joined today by acorn's c.e.o., bertha lewis. admitted she found problems after taking over in june of 2008 but she said she had addressed them. >> since i took over, i have overhauled the entire system and -- >> wait, wait. megyn: she also said she would appoint an outside auditor. >> you say you overhauled the whole system. >> yes. >> there are the videos that happened on your watch. >> those folks were terminated immediately and what did i also do? make sure we have an independent review, make sure that we suspended any walk-in activities so we could review what worked, what didn't work in instances, those folks were thrown out. megyn: lewis also took a shot at her predecessor, wade rathke. >> i know that back last year we were outraged that the board didn't know about the previous chief organizer's activity. megyn: she said she has had to, and i quote, completely overhaul the finances and all the controls so that things would finally be, quote, aboveboard. why hadn't you done any of that when you were at the helm? >> well, i'

. >> bertha lewis who took over for rathke claim reid and inman were removed from the board for, quoteggressively trying to distract the organization from its core mission. once expelled from acorn's national board it became more difficult for reid and inman to inspect the books. reid now sees a deep hypocrisy in those acorn executives who she says demand less accountability from themselves than they do from the companies they target. >> we can hardly go out on the street and ask other people to do what we ourselves are not willing to do. megyn: coming up, think you heard it all when it comes to acorn's voter registration fraud? think again. quality and reliability... are more than words here. it's personal. i have diabetes. rodney's kid too. so we're so proud to manufacture... the accu-chek® aviva meters and test strips... here in the u.s.a. plus, we've proven you'll waste 50% fewer strips... when you use our meter, which means greater savings... for people with diabetes, like me. now that's a true american value. accu-chek® aviva. born in the u.s.a. rooster crow. still tired the next

so just fyi, so back to lewis black. so is president obama's new car smell wore out. >> when people wented into the voting booth that day, some people were just off. >> he did get 60% of the vote. >> they had a big love affair, and i didn't have the one that the rest of the country did, because he was a democrat and that's no better than being a republican. >> you don't think either party is any better than the other? >> i think we're in the high level of screwed. >> how can you think that there's no difference after the bush administration, which was hideous? >> well, we finally got someone who can speak in a paragraph we can stay awake through, that's a change. >> he's very smart, he's a smart guy. >> he's very comfortable in his own body, which is also like -- bush was like -- was like an alien had been placed inside the skin and you were never -- >> but weren't you impressed at the way he ducked when that shoe was thrown at him? that was the most impressive day i ever looked at him. >> it showed real movement. >> com

lewis is set to receive $53 million in pension benefits. that is about $3.5 million a year for the rest of his life. shareholders who bought the bank stock when lewis tookover in 2001 are under water on their investments. >>> nike is denying the endorsement deal with michael vick. the two signed a contract, but nike agreed to supply contracts to him. for more business headlines, go to cbsmoneywatch.com. back to you. >>> pumpkin pie is a fall tradition for many, but bakers are finding it hard to find the products because of the poor growing season. luckily bakers have other options. you can use frozen or fresh. some stores have limited supplies until mid-december. >>> coming up on eyewitness news at 4:00, using her head, but keeping out intruders with billiard balls. wait until you hear this. >>> all aboard the christmas carol train is in town. although it is october, it is just in time for the holidays. i'm gigi barnett. i'll the details are straight ahead. >>> and the week is here. will it rain on the fall weekend plans? >>> wjz 13 is alwa

police recovered lewis' stolen suv. it was recovered this afternoon, and anyone with information about this murder asked to call baltimore county police at 410-3070 20/20. >> in a crime and justice report fox 45 spoke exclusively with the sister of a suspect charged with killing a baltimore county landlord. michael dimattei and erin steffy tenants of david weeks. dimattei sister said the couple met in rehab. and they arrested dimattei and steffy was nowhere to be had and then dimattei's sister crossed her path. >> i knew my brother did not do this. and i would have searched high and low for her day-in and day-out. for him to be charged with first-degree murder is shocking. to tell you the truth. shocking. >> dimattei's sister saw staff fee at an intersection and chased her down and penned her until police could arrive. apparently david weeks was planning to evirginia tech the two. >> city police suspend a commander. the major was stripped of police powers and ordered home without -- with pay. he has commanded the southe

stabbed to death on the site detectives interviewing friends of lewis and few leads and no motive right now. the suv was stolen but police found the vehicle this afternoon. anyone with information about the murder is asked to call baltimore county police at this number on the screen. >>> police confirm they found the body of a baltimore city woman missing for almost a year. investigators discovered miss nichols remains in wooded area on saturday in winds or mel and used dental records to identify her. her boyfriend is under arrest and charged with her murder. >> 4 people are hurt in an early morning house fire in northeast baltimore. happened in the 4200 block of shelled on avenue. one woman rushed to the hospital in serious condition. 2 others also hurt. firefighters suffered minor injuries. >> fire in south west baltimore damages 3 homes there. this happened before 2 this afternoon in the 200 block of bruce street. the fire started in a vacant home and spread to 2 others. no word on cause tonight. >>> if you have the flu, there is a very good chance it is h1n1. kathleen jones us to ex

lewis on the kitchen floor, stabbed in a pool of blood. police were called but he was indeed murdered. >> officers were at the house again today, police have few clues to go on here, they're not sure if anything was missing from inside the house. they do know the victim's 1998 lincoln navigator was stole 14 his home. it was found in baltimore city this morning. folks who live nearby say it's shocking because there are so few homes here. >> i grew up just over here, kings park. so definitely this is the first time i ever experienced this in the community. >> they're hoping someone saw something, after all this part of liberty road is always busy. >> and that's what they're counting on if they have no suspects, no motive, and few leads. >> anybody out there knows anything about this, does anyone -- see anyone coming outs of that house between noon and 4? then found dead at 4:00. anybody see or hear anything weird at that time, police would love to hear about it. >>> if anyone has any information about this crime, you can call police at metro

that is the claim from brazil lewis, ceo of acorn. she spoke today at the national press club in washington, calling attacks on acorn political and modern mccarthyism. reports today say that the brother of acorn's ceo wade rathke embezzled over $1 million from them. but lewis says that acorn found that he stole $948,607.50. not $5 million. >> this is speculation, completely false, not based on any documentation or even audits or anything other than two disgruntled former board members. >> she also lashed out at the media coverage and said that the filmmakers broke full-on in maryland by secretly recording a co-worker there. meanwhile, lamar smith of texas is demanding that the obama had been stationed appoint a special counsel to investigate acorn. president obama, having once worked for acorn, could have a conflict of interest. in one fund-raising letter, bertha lewis calls the a tax mean and nasty. she even criticizes fox news. shepard: right here comes out after protesters used slingshots and tossed firebombs. that is our top story

. >>> bank of america is searching for a new ceo, now that ken lewis is stepping down. the embattled ceo says he is leaving voluntarily, after more than a year of controversy, over bonuses and big mergers, including the acquisition of merrill lynch. the investigation into lewis' role in the merrill deal will go on. >>> in potentially big media news this morning. comcast may be in talks to buy all or part of nbc universal. the sale would include the nbc and telemundo broadcast network, several cable channels and a movie studio. nbc's owners, g.e. and vivendi could get a lift from the deal. comcast is denying any talks of a merger. >>> comcast's stock price is lower on that news. this morning, tokyo's nikkei average fell over 145 points. in london, the ftse opened higher. wall street starts the fourth quarter with the dow jones industrial average at 9712, after slipping nearly 30 points yesterday. the nasdaq dropped almost 2 points to close at 2122. >>> in this morning's "new york times" tech review, acoustic pianos are great, if you have money anthe space. if not, you mi

. >>> there's a reason jim done said he's okay with the redskins hiring sherman lewis because he has no choice, not only was it not done's idea, the head coach never even spoke with lewis before the hire was made and now he's got to kind a way to co cash exist with him. he reported to redskins park to begin his work as an offensive consultant although he's been out of the game for five years and was, we kid you not, on his way to call a bingo game at a senior living center when the redskins called him on monday. jim z orn put on a brave face about it today but just barely. >> it's not something that i was looking for. i wasn't saying, you know, you need to go and find a guy for me but when the suggestion was made, i'm open to it. >> maybe somebody that is with the offense that hasn't been around it might have a different perspective on some things and might see things that if you're up close maybe you might miss. >> of course, the skins have to get ready for the panthers this weekend who are like all of the redskins opponents winless. however the panthers are coming off a buy and his

ken lewis says he's leaving voluntarily after a year of controversy over bonuses and the merger with merrill lynch. new york's attorney general says an investigation into lewis's role in the merrill lynch bill will go on despite his resignation. >>> comcast appears to be in talks to buy all or part of nbc universal. the cable giant looking for a new source of news and entertainment content and nbc's owners, g.e. and vivendi could get a lift from the deal. nbc value has dropped $20 billion in the last year. >>> and 9 the recession has hit even the super rich. according to noshes the 400 richers americans lost a combined $300 billion in net worth in the past year. the usual suspects still on top but to make the list you only needed to make $950 million compared to $1.3 billion last year. >>> coming up on "good morning america" -- the latest on america's bid to bring the 2016 olympics to chicago. including a live report from cope hagen where the first lady is at work. that's your "moneyscope report." i'm jeremy hubbard. >>> good morning. 6:24. during our commercial break mr. jamie coste

bank of america ceo ken lewis will be stepping down at the end of the year. lewis has been under fire since the bank's takeover of merrill lynch in the midst of the financial crisis last year. no successor has been named yet. >>> auto sales slowed significantly meebl in the month of september after the cash for clunkers program ended. xw m sales down 47%. toyota down 16%. fords were down 8.9ers, and chrysler also fell by more than 44%. >>> there has been a slew of economic data this week, and the markets wrapped up their best quarter in years, but where are we headed next? joining me now jerry webman, chief economist with oppenheimer funds and stew schweitzer with jp morgan private bank. good to have you on the program. welcome. >> good to be here. sdoo stew, we got the jobs report. we know it was worse than expected. the economy is still shedding jobs. 9.8% of the country unemployed. what is your reaction? what do you make of this data? >> the human toll from this recession has just been so terribly high. i think we've got to look at the other side of all of

she would have been 20 when carl lewis debuted in 1984. sean: tonight in "your america" now the 2016 olympics are off president obama's plate, the world awaits his future deployments to afghanistan and one person eager to get that answer is general stanley mcchrystal who is reportedly in president obama's doghouse. according to "the london telegraph" mcchrystal's blunt statements about needing more troops on the ground have outraged the white house and will he be granted the support for troops he needs to win this war in afghanistan? we're joined by newt gingrich along with his wife hosts a brand-new d.v.d. "rediscovering god in america ii" and your wife will be joining us later, your better half. a rare new york appearance. this is troubling to me, crystal -- mcchrystal writes a report in late august that says if we don't get more troops on the ground we risk failure. the only reason we know this is it was leaked to "the washington post." mcchrystal says he's only spoken to the commander in chief twice in the last 100 days and now they're

lewis is said to retire at the end of the school. urging the government to sell its stake in the bank as soon as it can to boost investor confidence. the saudi billionaire cautions the withdrawal should not be done in a way that hurts u.s. banking stocks. government watchdog overseeing t.a.r.p. is calling into question whether u.s. officials exaggerated the health of banks receiving bailouts last year. a new report says senior officials deliberately created the impression the banks receiving aid were healthier than was the case. t.a.r.p. inspector general neil >>> wall street creating tough times for new york state, new york's governor in the throes of the ballooning deficit. dazed paterson join us on set with bill rudin. governor, good to see you. >> good morning. >> so much has happened since the last time you were on with this. we want to talk about the economy, revenues and taxes. let's cut to the chase on politics. are you as committed to running today as you said you have been? >> i've been committed to running all along. i thi

lewis's leaving may not be voluntary.et's say if ben franklin had stepped down from the philadelphia contributorship so to speak. in other words, i would not read too much into ken's leaving. now, if this guy curl gets picked, who used to be the chief finance -- chief risk officer of the bank that took on the most risk, i say ixnay on the bank of americanay which i own for my charitable trust actionalertsplus.com. i want moynihan. i know he's a lawyer. hey, listen, i'm a lawyer. sue me! linda in california. linda. >> caller: hi, jim, how are you? >> not bad. thank you for asking. how about, you, linda? >> caller: i want to four all you do for us. and a big fresno state bulldog boo-yah for you. >> what conference is that? that's one of my favorite conferences. the west -- i'm trying to keep track. there's a lot of conferences out there. go ahead. >> caller: my question is in regards to the banking industry. i've heard that the first niagara bank is going to be taking over fdic shut down banks. >> yes. >> caller: today i he