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Feb 6, 2010
02/10
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fade away jumper from lewis. >> i mentioned earlier that lewis leads this he also has a great post-up> steve: wizards turn it over and that is number 12. jameer nelson with the open shop jumper, short, here is foye the other way. penetrates, pushed, lays it off to haywood, swing it to butler, takes the jumper and comes up a little short. howard the rebound, that's his 11th. howard in the lane, is bodied by haywood, and brendan calls for the foul. his third personal. they camp him in there but know quickly to get the ball to him and let him do his thing. >> phil: can't spend too much time down there is you have to get him the ball soon as he gets open. >> steve: miller lays it up, finger roll wouldn't go, lewis saves it to carter. ooh, close to a travel as randy foye kicks it out of bounds. wizards come in with a record of 16-32, 7-16 on the road, the magic of won 33 and lost 16 @@@ carter, miller pulls it down, mike really working hard again. butler, nice move on lewis, lays it off for haywood, can't get the ball up clean and he is forced into a jump ball situation, let's see if it's
fade away jumper from lewis. >> i mentioned earlier that lewis leads this he also has a great post-up> steve: wizards turn it over and that is number 12. jameer nelson with the open shop jumper, short, here is foye the other way. penetrates, pushed, lays it off to haywood, swing it to butler, takes the jumper and comes up a little short. howard the rebound, that's his 11th. howard in the lane, is bodied by haywood, and brendan calls for the foul. his third personal. they camp him in...
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Feb 6, 2010
02/10
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rashard lewis yanks one up and hits a three.out and knock down the outside shot, he has a pretty good post-up game too, so when you start dropping it in and giving help to dwight howard, you are going to leave some of those perimeter shooter available. >> bill: led the nba last year in both three-pointers made and attempted, made 220 of them last year. nice follow slam by mcgee. @@ well the young man off the bench in his second year, two of three from the field. has marine. alley-oop coming for howard. oh, perfect pass that was. mómó >> phil: right on the money. they didn't realize it was coming until it was way too late. >> bill: the lead back up to 19, so the wizards got as close as 12. foye's jumper is a little short. jamison pokes it away and it's orlando basketball. 1:42 to play in the first half. how do you keep superman down? you can tug on his cape but, in this case, it doesn't matter. dwight howard scores again. ur life. then one night, hit by a car at an accident scene, it was his turn to ride in the ambulance. after y
rashard lewis yanks one up and hits a three.out and knock down the outside shot, he has a pretty good post-up game too, so when you start dropping it in and giving help to dwight howard, you are going to leave some of those perimeter shooter available. >> bill: led the nba last year in both three-pointers made and attempted, made 220 of them last year. nice follow slam by mcgee. @@ well the young man off the bench in his second year, two of three from the field. has marine. alley-oop...
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Feb 4, 2010
02/10
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WBAL
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lewis' lawyer says there is not a shred of objective evidence to support the charges against him, and that lewis has been unfairly vilified in the political search to assign blame for the financial meltdown. lisa myers, nbc news, washington. >>> political news late this afternoon, scott brown was sworn in and seated as the newest united states senator. now that brown a republican has been seated, the democrats lost their 60 vote so-called super majority. brown fills the massachusetts seat held by the late senator ted kennedy for almost a half a century. for now, brown will have kennedy's old office as a temporary office, but not his desk. senator kennedy's desk is going to the new senior senator from the bay state john kerry. >>> also today, speaking at the national prayer breakfast, president obama criticized what he called the erosion of civility in america. by way of example, he made clear reference to the whisper campaign that he is a muslim or was born outside the u.s. >> i am the first to confess i'm not always right. michelle will testify to that. but surely you can question my
lewis' lawyer says there is not a shred of objective evidence to support the charges against him, and that lewis has been unfairly vilified in the political search to assign blame for the financial meltdown. lisa myers, nbc news, washington. >>> political news late this afternoon, scott brown was sworn in and seated as the newest united states senator. now that brown a republican has been seated, the democrats lost their 60 vote so-called super majority. brown fills the massachusetts...
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Feb 5, 2010
02/10
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been created with discovering leona lewis.e didn't stop there. he went on to create "britain's got talent." >> ready when you are. >> reporter: the show that gave birth to paul potts and just last year, the amazingly successful susan boyle. ♪ her album, "i dreamed a dream" sold 8 million copies in just six weeks. cowell has now worked with artists who have sold 180 million albums and more than 150 number one records. >>> think simon realizes that his tv stardom not only grants him money and fame, it helps his real business, which is being a record company guy, because he gets right of first refusal on susan boil, leona lewis, on all of the winners of the shows that he owns. >> reporter: that's in the c contra contract? >> oh, yes. when susan boyle becomes the most viewed person on youtube history, he's behind it every step of the day. >> i think that when you look at people on television, simon cowell is about as recession-proof as you can get. >> reporter: recession-proof, indeed. in 2005, "american idol" had 30 million viewe
been created with discovering leona lewis.e didn't stop there. he went on to create "britain's got talent." >> ready when you are. >> reporter: the show that gave birth to paul potts and just last year, the amazingly successful susan boyle. ♪ her album, "i dreamed a dream" sold 8 million copies in just six weeks. cowell has now worked with artists who have sold 180 million albums and more than 150 number one records. >>> think simon realizes that his...
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it says, bank of america executives, including former ceo kenneth lewis deliberately misled shareholders and the u.s. government in order to get bonuses for their workers and to get more money for the bank from taxpayers. i've got the civil complaint in my hand. it was filed today in new york by new york attorney general, andrew cuomo. cnn's allan chernoff has, like me, been working the story since day one back in september of 2008. he joins me live from new york with the latest on this, allan? >> ali, the attorney general in new york is saying that bank of america withheld information it had about massive losses at merrill lynch in order that this deal would go through, norped th in order that the shareholders of bank of america would approve the purchase of merrill lynch and also that bank of america tried to manipulate washington in to bailing out this deal and to putting billions of dollars into the deal so that it would get done. ali, these are very strong charges from the new york state attorney general, charges of fraud against the bank, the former ceo, and the former chief financ
it says, bank of america executives, including former ceo kenneth lewis deliberately misled shareholders and the u.s. government in order to get bonuses for their workers and to get more money for the bank from taxpayers. i've got the civil complaint in my hand. it was filed today in new york by new york attorney general, andrew cuomo. cnn's allan chernoff has, like me, been working the story since day one back in september of 2008. he joins me live from new york with the latest on this, allan?...
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Feb 17, 2010
02/10
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. >> it's ironic, but in effect, i think you talked about ken lewis having an appetite for meals or something like that, but if he had made this deal which does not look like necessary the greatest deal, he offered a 70% deal which the next it might have been at zero, but did he kind of save the system forest? >> i tell you, he was a confident, decisive ceo. there's no doubt that was very much a stabilizing, stabilizing action. >> do you think we would have gotten two tuesday on aig if there had been action on merrill that they? >> i don't know, know what would've happened. because i don't think, warren, i don't think we could have taken one of the big institution to fail, do you? >> no. >> the system is, i think the thing that is hard for people to understand is, you know, we have 10 institutions that had, 50 to 60 percent of the financial assets in this country and they are so interconnected. i think, in many ways, as bad as this is, and it's terrible, but we look at what could've happened. we were pretty fortunate. >> hank, the british had given you the kind of british like bail warning ab
. >> it's ironic, but in effect, i think you talked about ken lewis having an appetite for meals or something like that, but if he had made this deal which does not look like necessary the greatest deal, he offered a 70% deal which the next it might have been at zero, but did he kind of save the system forest? >> i tell you, he was a confident, decisive ceo. there's no doubt that was very much a stabilizing, stabilizing action. >> do you think we would have gotten two tuesday...
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Feb 5, 2010
02/10
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WMPT
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ken lewis for misleading shareholders and the government about the merger with merrill lynch. an attorney for lewis called the charges without merit. >> tom: more trouble tonight for toyota. this time, with its popular prius hybrid. the u.s. transportation department is now investigating brake problems on the 2010 model. the issue, braking when driving over bumpy roads and potholes. the news comes after the recall of more than 2 million other toyotas for sticky gas pedals. as diane eastabrook reports, the prius problem is another dent for the auto giant. >> reporter: so far more than 100 prius owners in the u.s. have reported the brake problem. four drivers say their brakes may have caused accidents. i.h.s. global insight's rebecca lindland says a problem with prius could dent toyota's reputation even more. >> the prius name is almost a brand unto itself for toyota and for many consumers it's sort of a generic term for a hybrid vehicle, i kind of equate it to kleenax, what people call facial tissue. >> reporter: the prius problem couldn't come at a worse time for toyota. the c
ken lewis for misleading shareholders and the government about the merger with merrill lynch. an attorney for lewis called the charges without merit. >> tom: more trouble tonight for toyota. this time, with its popular prius hybrid. the u.s. transportation department is now investigating brake problems on the 2010 model. the issue, braking when driving over bumpy roads and potholes. the news comes after the recall of more than 2 million other toyotas for sticky gas pedals. as diane...
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Feb 4, 2010
02/10
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joining us, lewis, a trial attorney specializing in business litigation, lewis, the best parallel thate as a layman is the firestone tires on the ford trucks that were popping ten years ago. that obviously was very bad, particularly for firestone. does toyota stand a chance here for a way forward as this continues to pile up on them? >> the key here in comparison to the firestone case is the extent of damages. the problem with the firestone cases is that when those tires were losing control, they were coming off the wheel, people were losing car, their cars were rolling over and people were having serious injuries or death. so far, with this acceleration problem, whether it's the accelerator, the floor mat or even the potential braking system on the 2010 priuses, the damages or injuries are not there, because the recalls or the notices go out early enough that people can take measures, then the exposure for toyota, other than the expense for repairs, and updating the vehicles, may not be as much as if it involves injuries, which is what can happen in other cases, if not recalled or tre
joining us, lewis, a trial attorney specializing in business litigation, lewis, the best parallel thate as a layman is the firestone tires on the ford trucks that were popping ten years ago. that obviously was very bad, particularly for firestone. does toyota stand a chance here for a way forward as this continues to pile up on them? >> the key here in comparison to the firestone case is the extent of damages. the problem with the firestone cases is that when those tires were losing...
WHUT (Howard University Television)
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Feb 11, 2010
02/10
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. >> rose: tell me who the character is in michael lewis' book. >> michael o her. it is this...ant to say child. this huban being, this young human being who conceivably should have landed hardened, shut off, angry, had every right to be, was not taken care of the way he needed to be taken care of yet there was a light inside of that i mean allowed him to want the best for himself. and the fact that he got as far as he did before the tuohys stepped in says that's a human being that... he was going to get somewhere in life and find what was best for him but in steped this woman who saw a child on the street and said "it's cold, get in my car, i'll let you sleep and figure out what to do with you later. dwhats's exactly what she did. it could have been a green child, a chinese child, it didn't matter to leigh anne, there was a child on the street in shorts and freezing weather. but he, michael o her is the one that is the extraordinary story in this. >> rose: this is the scene in which leigh anne talks to her memphis friends about michael. here it is. >> hey, does michael get the
. >> rose: tell me who the character is in michael lewis' book. >> michael o her. it is this...ant to say child. this huban being, this young human being who conceivably should have landed hardened, shut off, angry, had every right to be, was not taken care of the way he needed to be taken care of yet there was a light inside of that i mean allowed him to want the best for himself. and the fact that he got as far as he did before the tuohys stepped in says that's a human being...
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Feb 4, 2010
02/10
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CNBC
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lewis and mr. price. the sec had access to the same information and found no bases to enter a fraud charge against the firm or individuals. the sec saying it is seeking court approval for a $150 million settlement with the bank over violations of proxy rules. this concerns the bank's failure to disclose per you will's losses to shareholders andst failure to disclose payments of billions in bonuses to payroll employees. they're the judge threw out a $33 million settlement proposed by the two sides. he said if the bank's axe were as egregious as the banks allege, a fine should be imposed. the 150 million in the proposed settlement would be distributed to b of a shareholders and if it is approved the two go to trial. >> we have a rrth remarkable development. the judge saying you're not being tough enough on the individuals and the sec comes back with $150 million instead of 3 million and como charges individuals here. it's a divergent path, isn't it? cuomo wants to run for governor, doesn't he? is i'm sure t
lewis and mr. price. the sec had access to the same information and found no bases to enter a fraud charge against the firm or individuals. the sec saying it is seeking court approval for a $150 million settlement with the bank over violations of proxy rules. this concerns the bank's failure to disclose per you will's losses to shareholders andst failure to disclose payments of billions in bonuses to payroll employees. they're the judge threw out a $33 million settlement proposed by the two...
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Feb 1, 2010
02/10
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the band bus did not have a portion of so somewhere in connecticut, which stopped somewhere for lewisthe bathroom. he was refused use of the otherwise available facility. i would never forget the look on lewis's face -- on louis' . '" >> my wife is from connecticut and she was shocked when i read that quote. she said that that could not have happened in connecticut in the 1960's, and i told her that not only could, but it did. >> this is a black man in a white world. >> he was insulated from this experience because he was very famous throughout the first part of his life he could never be able to stay in a hotel or use the bathroom. he says that he ate more meals then he could imagine in the kitchen of the chopping block while he was on the road. his entire band was thrown into jail in memphis because the person who was handling the band was white. they threw them into jail and said that they needed cotton pickers. the only reason that they'd let them out was that they offered to play a concert for the police. far from being heartened by this, his spirit was never balloowed. he always
the band bus did not have a portion of so somewhere in connecticut, which stopped somewhere for lewisthe bathroom. he was refused use of the otherwise available facility. i would never forget the look on lewis's face -- on louis' . '" >> my wife is from connecticut and she was shocked when i read that quote. she said that that could not have happened in connecticut in the 1960's, and i told her that not only could, but it did. >> this is a black man in a white world. >>...
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Feb 28, 2010
02/10
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lewis's argument?distinguishing between liberal and nonliteral -- it supports the decision in that box, where it was easing was in between -- it supports the decision in fox, where it was distinguishing between literal and nonliteral. you could conclude that an isolated expletive was pandering. it is important to note to the constantly changing factors at play here. mr. lewis has talked about how the george carlin model was nonliteral uses of the word that the fcc and has argued several times that those words were not all nonliteral uses. there are arbitrary in their application -- defining them one way in one case and finding them anin another way in other cases. >> is there anything else you would like to say? >> i feel like sometone being asked for his last words. >> this was very well-argued and very w sunday on c-span. >> the seale of chipmaker intel -- ceo of chipmaker intel announced that he would buy billions of dollars of u.s. high-tech companies over the next couple of years. here is a look a
lewis's argument?distinguishing between liberal and nonliteral -- it supports the decision in that box, where it was easing was in between -- it supports the decision in fox, where it was distinguishing between literal and nonliteral. you could conclude that an isolated expletive was pandering. it is important to note to the constantly changing factors at play here. mr. lewis has talked about how the george carlin model was nonliteral uses of the word that the fcc and has argued several times...
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>> the bank and ceo ken lewis will vigorously fight fraud charges brought by the office today.gement team, including lewis, underreported merrill's losses and billions in employee bonuses to close the deal. >>> president obama african-american wiaunt will ha to wait for her asylum hearing. she's been living in the united states since 1978 when her original hearing was denied. both are expected to release written briefs within 90 days. obama says he will let the law play out. >>> thousands of pakistanis took to the streets today shouting anti-american slogans and burning the american flag. they were protesting convictions yesterday in new york from a pakistani woman for trying to kill americans while she was in u.s. custody in afghanistan. she is accused of shooting at american interrogators after her arrest in 2008. many pakistanis say the u.s. fabricated the charges. the united states is denying it. wolf? >> all right, lisa. stand by. thank you. >>> he was sworn in only two hours ago, but the republican senator from massachusetts -- yes, a republican senator from massachusetts
>> the bank and ceo ken lewis will vigorously fight fraud charges brought by the office today.gement team, including lewis, underreported merrill's losses and billions in employee bonuses to close the deal. >>> president obama african-american wiaunt will ha to wait for her asylum hearing. she's been living in the united states since 1978 when her original hearing was denied. both are expected to release written briefs within 90 days. obama says he will let the law play out....
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Feb 28, 2010
02/10
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george lewis has that story. >> reporter: surveillance cameras caught the moment the earthquake hit atis morning, the ground shaking and shaking and shaking for a minute and a half, that seemed like an eternity to the 3 million people in chile. when it was over there was this, in the capital santiago, buildings toppled. according to the housing minister half a million homes destroyed or severely damaged across the country. highways buckled and torn up. bridges destroyed, only a few pilings left standing, cars tossed around like toys. i don't know how i got out, this man said. but the building just fell. there was a gas leak and efg. the gas leaks and shorted electric lines set off fires. >> it got bigger and more intense. >> reporter: a freelance journalist spoke to us over a skype video. >> the sky was changing colors. i didn't know what was happening. i thought it was armageddon. royal chile is a seismically active country, so they have practiced for this. chilean president michelle bachelet says there is no water, no electricity and very little gasoline. she called it a state of cat
george lewis has that story. >> reporter: surveillance cameras caught the moment the earthquake hit atis morning, the ground shaking and shaking and shaking for a minute and a half, that seemed like an eternity to the 3 million people in chile. when it was over there was this, in the capital santiago, buildings toppled. according to the housing minister half a million homes destroyed or severely damaged across the country. highways buckled and torn up. bridges destroyed, only a few...
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Feb 5, 2010
02/10
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was the biggest drag on the dow, down 5% after new york's attorney general charged former chief ken lewis and joe price with fraud for allegedly misleading shareholders about the bank's merger with merrill lynch. >>> meanwhile, the dow's only advancer, sisco. despite impressive fourth quarter earnings, sisco only managed to eek out a gain of less than half a percent. >>> mastercard, however, didn't fair as well. while the credit card company posted a 23% jump in profit, shares plunged 10% due to cutbacks in credit card spending. >>> both the "new york times" and the wall street journal are reporting the industrial gas company air products is making an unsolicited offer of $5 billion in cash for its smaller rival air gas. >>> and finally, heinz is catching up with the times, tearing up the tiny tin foil packets and updated design. it has a cup like base perfect for dipping and squeezing and holds three times as much ketchup. nifty there. >> lebron james is at it again, and a coach axes himself. plus, here's yet another reason why they call him the great eight. your early morning sports hea
was the biggest drag on the dow, down 5% after new york's attorney general charged former chief ken lewis and joe price with fraud for allegedly misleading shareholders about the bank's merger with merrill lynch. >>> meanwhile, the dow's only advancer, sisco. despite impressive fourth quarter earnings, sisco only managed to eek out a gain of less than half a percent. >>> mastercard, however, didn't fair as well. while the credit card company posted a 23% jump in profit, shares...
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Feb 28, 2010
02/10
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lewis's argument? >> it supports the decision in a box, where it was distinguishing between liberal and nonliteral -- it supports the decision in that box, where it was easing was in between -- it supports the decision in fox, where it was distinguishing between literal and nonliteral. you could conclude that an isolated expletive was pandering. it is important to note to the constantly changing factors at play here. mr. lewis has talked about how the george carlin model was nonliteral uses of the word that the fcc and has argued several times that those words were not all nonliteral uses. there are arbitrary in their application -- defining them one way in one case and finding them anin another way in other cases. >> is there anything else you would like to say? >> i feel like sometone being asked for his last words. >> this was very well-argued and very well-briefed. we would like to have a transcript made and ask that you share that. please check with the clerk's office. we'll take it under adviseme
lewis's argument? >> it supports the decision in a box, where it was distinguishing between liberal and nonliteral -- it supports the decision in that box, where it was easing was in between -- it supports the decision in fox, where it was distinguishing between literal and nonliteral. you could conclude that an isolated expletive was pandering. it is important to note to the constantly changing factors at play here. mr. lewis has talked about how the george carlin model was nonliteral...
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Feb 28, 2010
02/10
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nbc's george lewis has the latest. >> reporter: surveillance cameras caught the moment the earthquake hit. the ground shaking and shaking and shaking for a minute and a half. it seemed like an eternity to the three million people in chile exposed to the quake's severity. when it was over, there was this. in the capital, saunt yag owe buildings toppled. at least half a million homes destroyed or severely damaged. highways buckled and torn up. bridges destroyed. only a few pilings left standing. cars tossed around like toys. i don't know how i got out, this man said. but the building just fell. there was a gas leak and everything. those gas leaks and the electric lines touched off fires in many places. >> it got bigger and bigger and stronger and more intense and it was awful. it was terrible. >> reporter: rescuers went to work immediately. chile is a seismically active country so firefighters, medical teams and law enforcement have practiced for this. the chilean president michelle bachelet said there's no water, no electricity and very little gasoline. at the white house president oba
nbc's george lewis has the latest. >> reporter: surveillance cameras caught the moment the earthquake hit. the ground shaking and shaking and shaking for a minute and a half. it seemed like an eternity to the three million people in chile exposed to the quake's severity. when it was over, there was this. in the capital, saunt yag owe buildings toppled. at least half a million homes destroyed or severely damaged. highways buckled and torn up. bridges destroyed. only a few pilings left...
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Feb 4, 2010
02/10
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lewis say there's no basis for the case. he's being unfairly vilified for accountability for the meltdown. he stepped down at ceo of the bank last year. people close to him says he has no intent to settle this case. cuomo's charges made public just about ten minutes after the sec said it's seeking court approval for a settlement with bank of america. having had a $33 million settlement rejected last year, the sec is seeking approval of a $150 settlement over proxy violations including the bank's failure to disclose merrill losses and billions in bonuses paid to merrill employees. attorneyed to koran believes the real loser will be the markets. >> i think that the entities in the market participants ought to be able to accept or expect that there would be continuity of the regulatory approach that they face regardless of whether it's a federal authority or a state authority. >> cuomo's relationship with b of a could be described adds contentio contentious. scott, back to you. >> mary, thanks so much. >>> we have about 45 min
lewis say there's no basis for the case. he's being unfairly vilified for accountability for the meltdown. he stepped down at ceo of the bank last year. people close to him says he has no intent to settle this case. cuomo's charges made public just about ten minutes after the sec said it's seeking court approval for a settlement with bank of america. having had a $33 million settlement rejected last year, the sec is seeking approval of a $150 settlement over proxy violations including the...
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george lewis in burbank. george, thanks so much. >>> now we've got also breaking news out of hollywood about brittany murphy's death. the coroner saying she died from pneumonia, prescription drug intoxication was also a factor. the coroner declined to say what types of drugs were involved. more details will be complete when a complete autopsy is ready two weeks from today. >>> bank of america and two top former executives have been charged with fraud over the bank's acquisition of merrill lynch. new york attorney general andrew cuomo accuses former ceo and cfo for intentionally not disclosing losses that were stacking up. they call it utterly false. >>> it's the jobs stupid. as democrats announce their plans for unemployment and boost small businesses. at any minute we're expecting to hear from the speaker of the house nancy pelosi. new numbers from the labor department revealing the unemployment situation is getting worse with unemployment claims up by 8,000 last week. the overall number of americans out of
george lewis in burbank. george, thanks so much. >>> now we've got also breaking news out of hollywood about brittany murphy's death. the coroner saying she died from pneumonia, prescription drug intoxication was also a factor. the coroner declined to say what types of drugs were involved. more details will be complete when a complete autopsy is ready two weeks from today. >>> bank of america and two top former executives have been charged with fraud over the bank's...
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Feb 28, 2010
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and lewis jackson has shown he's more interested in giving the ball up than shooting it himself. >> vernene kicked out-of-bounds. so 15 on the shot clock. 3:24 to go and a six-point game. chris kramer, who took both those charges for offensive fouls is on the floor. right side, e'twaun moore. jumper. yes. yes. 48-44, 3:10 to go. >> clark: this purdue team came back in much the same fashion wednesday night in williams arena at minnesota. >> verne: from the corner, lucas for three. no. rebound, chris allen. that is the 40th rebound, four-zero, for michigan state in the game. >> clark: tom izzo decides he wants to call a set play here on this most important possession. >> verne: michigan state, two time-outs remain, same as purdue, and the big disparity in the fouls, possession arrow also pointing to the boilermakers. michigan state has the ball and on the floor durrell summers, kalin lucas, allen, morgan, and draymond green. >> clark: tom izzo has a playbook that's almost as full as your story book. looking for a jump shot for summers or allen. >> verne: and the adjustment in the lane, and
and lewis jackson has shown he's more interested in giving the ball up than shooting it himself. >> vernene kicked out-of-bounds. so 15 on the shot clock. 3:24 to go and a six-point game. chris kramer, who took both those charges for offensive fouls is on the floor. right side, e'twaun moore. jumper. yes. yes. 48-44, 3:10 to go. >> clark: this purdue team came back in much the same fashion wednesday night in williams arena at minnesota. >> verne: from the corner, lucas for...
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the merger was approved but former ceo ken lewis, that guy there, and ex-chief financial officer joe price allegedly tried to back out of the deal claiming the losses were now too high. the only way to make it work would be the government, taxpayers, gave them billions of dollars in bailout cash which is what happened. cuomo says it's an arrogant scheme hatched by executives. it's not a criminal case, which then raises the question, where's the justice in this? if no one is going to do criminal time if they're convicted? senior legal analyst jeffrey toobin joins me now. why isn't this a legal case? >> that's a good question. it's the broader question. think about the magnitude of this crisis. think about the damage that's been done. the amount of bailouts that have been given over the course. and not just to aig. to all the banks. >> also all the shady practices and kind of bets which, you know, are gambling with other people's money that precipitated it all. >> that precipitated it and the number of people who have gone to prison as a result of this entire scandal is zero. >> absolu
the merger was approved but former ceo ken lewis, that guy there, and ex-chief financial officer joe price allegedly tried to back out of the deal claiming the losses were now too high. the only way to make it work would be the government, taxpayers, gave them billions of dollars in bailout cash which is what happened. cuomo says it's an arrogant scheme hatched by executives. it's not a criminal case, which then raises the question, where's the justice in this? if no one is going to do criminal...
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no one has been prosecuted yet. >> and so why not -- if ken lewis can be charged civilly, is it easierg a civil charge? >> it is. the burden of proof is only a preponderance of the evidence. it's not proof beyond a reasonable doubt. so far the government is is not able to establish that this sipt just a bad luck mistake, everybody is trying to do their best but not fraud. that's the defense so far, and so far it's worked. >> what would be the potential penalty? civil is just a monetary fund. >> there are a lot of people doing a lot of time in prison for white collar crimes. the pemnalties are way up. the head of worldcom is doing more than 20 years. michael milken went to prison. >> a civil fine is just money. >> remember, bank of america is paying his legal fees, bank of america paid $150 million today to the s.e.c. to settle. >> taxpayer money is funding his legal fees, basically. >> the taxpayers are funding it indirectly, and the shareholders who in many respects are the victims of this are sub ssidizi. the money is churning, but the individuals involved have not paid any price at
no one has been prosecuted yet. >> and so why not -- if ken lewis can be charged civilly, is it easierg a civil charge? >> it is. the burden of proof is only a preponderance of the evidence. it's not proof beyond a reasonable doubt. so far the government is is not able to establish that this sipt just a bad luck mistake, everybody is trying to do their best but not fraud. that's the defense so far, and so far it's worked. >> what would be the potential penalty? civil is just a...
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york's attorney general has filed civil fraud charges against bank of america and its former ceo ken lewis. the suit claims the bank misled investors about merrill lynch before it bought the wall street bank early last year. separately, bank of america agreed to pay $150 million to settle an sec claim that it misled shareholders about bonuses and losses while acquiring merrill. >>> and on the lighter side, americans are working overtime on their sex lives. according to a national survey by vault.com, 6 in 10 admit to in-dull mging in an office romance, nearly a third who got cozy with a colleague admit to kons matsing the affair while at work. and 6% of those people say they actually got caught in the act. can't say i'm part of that group, randall. >> well, you know, we learn the most interesting things from our "moneywatch" with you. thank you very much. >> yes, we do. thank you. >>> just ahead on the "morning news," newly sworn in senator scott brown gets down to business. >>> plus, jet setting giant pandas arrive in china this morning. >>> first, katie curry with a preview of tonight's
york's attorney general has filed civil fraud charges against bank of america and its former ceo ken lewis. the suit claims the bank misled investors about merrill lynch before it bought the wall street bank early last year. separately, bank of america agreed to pay $150 million to settle an sec claim that it misled shareholders about bonuses and losses while acquiring merrill. >>> and on the lighter side, americans are working overtime on their sex lives. according to a national...
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former chief executive ken lewis didn't collect a salary, but the value of his pension jumped by more than $4 million. current c.e.o. brian moynihan earned $6.5 million. thomas montag, the president of b. of a's global banking and markets business, got nearly $30 million in salary and stock awards, thanks to an agreement he signed with merrill lynch. the figures were disclosed today in a filing with the s.e.c. the federal trade commission said "yes" today to pepsico bringing its two largest bottlers home to roost. the regulator signed off on the company's purchase of pepsi bottling group and pepsiamericas. but that o.k. comes with conditions. those bottlers also package products for dr. pepper and canada dry. so the f.t.c. wants pepsico to set up a firewall preventing its employees from seeing its rivals marketing and brand plans. >> tom: the winter swoon for stocks is over, so says tonight's "market monitor." she's elaine garzarelli, president of garzarelli capital. welcome back to nbr, elaine. nice see you. >> nice to see you, too. >> tom: what makes you think the dip in stock price
former chief executive ken lewis didn't collect a salary, but the value of his pension jumped by more than $4 million. current c.e.o. brian moynihan earned $6.5 million. thomas montag, the president of b. of a's global banking and markets business, got nearly $30 million in salary and stock awards, thanks to an agreement he signed with merrill lynch. the figures were disclosed today in a filing with the s.e.c. the federal trade commission said "yes" today to pepsico bringing its two...
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. >> going after ken lewis. bank of america. ♪ go on take the money and run ( music playing ) hey!ncer: you don't drive every time you smoke. yet you smoke every time you drive. driving and smoking don't have to go together. re-learn life without cigarettes, free, at becomeanex.org. a new way to think about quitting. and all your little mile-pebbles ameriprise financial can help. we have over ten-thousand advisors ready to listen to your dreams and help you plan for them. because the first step towards reaching what you want is reaching the person who can help you get there. our advisors. your dreams. more within reach. meet us at ameriprise.com. and when it comes to the playoffs, we get together every year to watch it. with walmart's prices, i can afford all the food it takes to make everyone happy -- no matter how many times they come back for more. [ female announcer ] people who spent $100 a week at the leading national supermarkets on frequently purchased groceries could have saved $55 in just one month by shopping at walmart. [ mom ] game time costs less at walmart. save mone
. >> going after ken lewis. bank of america. ♪ go on take the money and run ( music playing ) hey!ncer: you don't drive every time you smoke. yet you smoke every time you drive. driving and smoking don't have to go together. re-learn life without cigarettes, free, at becomeanex.org. a new way to think about quitting. and all your little mile-pebbles ameriprise financial can help. we have over ten-thousand advisors ready to listen to your dreams and help you plan for them. because the...
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there's no connection anymore. >> reporter: so lewis is taking matters into his own hands.o see what happens as he drives his pickup to the state capital of his home state kentucky, hoping to give independents a bigger voice. okay. what's the plan? >> well, the plan is just to talk to as many senators as i can. senator lieber, how are you doing, sir? trying to get as many people on the ground if i can, wrestle them down if i have to. >> reporter: lewis is only partly kidding about a fight. he wants to overturn the state's closed primary system, a system that excludes tens of thousands of independent voters from primaries. and he knows he's about to hit a nerve. >> what you're saying is i don't like the way america runs its political system? if you don't like it, move to another country. >> that's untrue, senator. don't you want to talk to me about something real instead of these false truths that you'red spreading? >> reporter: the way it works right now in kentucky, you have to register as a republican or a democrat before you can vote in a party primary. 17 other states h
there's no connection anymore. >> reporter: so lewis is taking matters into his own hands.o see what happens as he drives his pickup to the state capital of his home state kentucky, hoping to give independents a bigger voice. okay. what's the plan? >> well, the plan is just to talk to as many senators as i can. senator lieber, how are you doing, sir? trying to get as many people on the ground if i can, wrestle them down if i have to. >> reporter: lewis is only partly kidding...
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Feb 2, 2010
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p by the way, my children went to fort lewis institution and that's a great college. had a caravan of 13 cars the first year my daughter went there. all driving down together. i was the single adult. but we reached out to find out more about that information. i understand this is an effort in the state. but i understand that that effort has been tabled. and it's no longer moving forward. and that was there was an apology of the understanding of how this would penalize indian students from attending a land grant college. and so i think that issue has been resolved. and the last question, anyone? last question. >> one of the past secretaries of energy had approached me about the discussion of parking of federal money into indian banks so those secretaries have millions of dollars that they are putting in native banks. they had millions of dollars and now with all of these billions of dollars of surplus, then that could be an extraordinary amount they could be parked there. and the other part is $35,000 of guaranteed funds or loan are available immediately with sba and t
p by the way, my children went to fort lewis institution and that's a great college. had a caravan of 13 cars the first year my daughter went there. all driving down together. i was the single adult. but we reached out to find out more about that information. i understand this is an effort in the state. but i understand that that effort has been tabled. and it's no longer moving forward. and that was there was an apology of the understanding of how this would penalize indian students from...
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the suit says that bank of america's management team, including lewis, underreported merrill's losses, and billions in employees' bonuses to close that deal. thousands of pakistanis took to the street today shouting anti-american slogans and burning the u.s. flag. they were protesting yesterday's conviction in new york of a pakistani woman for trying to kill americans while she was in u.s. custody in afghanistan. the 37-year-old sl accused of shooting at merng intear yoit ga interrogato interrogators. >>> i want to go back to the ceremonial swearing in the vice president is new having. let's listen in. >> you will well and faithfully discharge your duties of the office on which you are about to enter so help you god. >> i do. >> again, congratulations. i hope you enjoy it as much as i do. >> i hope to do just gas as. >> did you i tell you, that won't be hard. i think it is a great, great institution and great place. i hope you enjoy it. >> temporary housing. >> yeah. that's the way to do it. >> a lot of changes. >> i want to talk to you about kids. i have a 28-year-old daughter. i sai
the suit says that bank of america's management team, including lewis, underreported merrill's losses, and billions in employees' bonuses to close that deal. thousands of pakistanis took to the street today shouting anti-american slogans and burning the u.s. flag. they were protesting yesterday's conviction in new york of a pakistani woman for trying to kill americans while she was in u.s. custody in afghanistan. the 37-year-old sl accused of shooting at merng intear yoit ga interrogato...
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Feb 28, 2010
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lewis can tell you much more because he was arguing that case, the most recent argument focused primarily on the vagueness issue and the constitutional question, as well, since the court and fox did not a constitutional issue but essentially invited the court to look at the constitutional issue. >> should we wait that determination? >> i do not think it is necessary. either on the apa issue or because of the due process question, this court can come away from its earlier decision without getting into the constitutional issue. however, because of the significant issues involved, it would not be a bad thing for this court to get guidance both for the fcc and all of us on constitutional issues. >> i gather there has never been an enforceable order issued based on an image? >> actually, if you go back to about 1988, there was the first time the fcc issued a fine, as far as i'm concerned, for broadcasting, and this was the broadcast of an art-rated movie on a local television station. the fcc issued a notice of apparent liability but quickly rescinded it based on the review of the overall chan
lewis can tell you much more because he was arguing that case, the most recent argument focused primarily on the vagueness issue and the constitutional question, as well, since the court and fox did not a constitutional issue but essentially invited the court to look at the constitutional issue. >> should we wait that determination? >> i do not think it is necessary. either on the apa issue or because of the due process question, this court can come away from its earlier decision...
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it was like the lewis and clark exhibition. they had a general idea where they were going but you couldn't predict all of the little twist and turns in the river along the way. >> larry: how did you come up with the name? >> i don't know. when i wrote it in '95 it just popped into my head that here you've got people projecting their consciousness into a fleshly body a biological body. that's what the word means. taking of flesh. incarnation of a devine being in the case of the hindu religion. and although our characters aren't divine beings obviously, it's the idea of fleshly incarnation. >> larry: did the studio think we have to have a star? we have to have a tom cruise. >> big discussion. big discussion. i wanted the guy to be young. we were looking at younger actors. you know, when i found sam worthington, i didn't want a star. i wanted him. it was just a question of getting the studio comfortable with that and they signed off and agreed with me. >> larry: sometimes in an action film, it can overwhelm the star. this film has
it was like the lewis and clark exhibition. they had a general idea where they were going but you couldn't predict all of the little twist and turns in the river along the way. >> larry: how did you come up with the name? >> i don't know. when i wrote it in '95 it just popped into my head that here you've got people projecting their consciousness into a fleshly body a biological body. that's what the word means. taking of flesh. incarnation of a devine being in the case of the hindu...
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charges were filed against ken lewis and joe price.lawsuit says the bank fudged some numbers over its merger with merrill lynch including understated merrill's steep losses to win shareholder backing for the deal. this is late 2008. the bank got $20 billion in federal money to help it absorb merrill's losses. a spokesperson for b of a calls the claims totally without merit. >>> should churches be held to the same as any other entity? what the pope has to say and your views on the issue. >>> pope benedict xvi is urging british catholic to speak out against a proposed anti-discrimination law in that homeland. he claims the proposed equality bill will leave the church open to criminal charges if it rejects gay candidates to the priesthood or refuses to hire gay employees. the house of lords has added an exemption for priests and ministers. the catholic church and church of england would require them to hire gay employees or face punishment. we are ask the question should the catholic church face prosecution in the uk over gay discriminati
charges were filed against ken lewis and joe price.lawsuit says the bank fudged some numbers over its merger with merrill lynch including understated merrill's steep losses to win shareholder backing for the deal. this is late 2008. the bank got $20 billion in federal money to help it absorb merrill's losses. a spokesperson for b of a calls the claims totally without merit. >>> should churches be held to the same as any other entity? what the pope has to say and your views on the...
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i would never forget the look on lewis's face -- on louis' . '" >> my wife is from connecticut that quoteld not have happened in connecticut in not only could, but it did. white world. >> he was insulated from this experience because he was very famous throughout the first part of his life he could never be able to stay in a hotel or use the bathroom. he says that he ate more meals then he could imagine in the while he was on the road. his entire band was thrown into jail in memphis because the person who was handling the band was white. they threw them into jail and said that they needed cotton pickers. the only reason that they'd let them out was that they offered to play a concert for the police. the great miracle of his life was thatfar from being heartened by baowed. he always looked on the bright side. >> this is a song that reflects some of this. ♪ ic skies of blue and clouds of white light blessed days dark sacred nightsand i think to myself, what a wonderful world the colors of the rainbow so pretty in the skies also on the faces of people going by icy friends shaking hands and s
i would never forget the look on lewis's face -- on louis' . '" >> my wife is from connecticut that quoteld not have happened in connecticut in not only could, but it did. white world. >> he was insulated from this experience because he was very famous throughout the first part of his life he could never be able to stay in a hotel or use the bathroom. he says that he ate more meals then he could imagine in the while he was on the road. his entire band was thrown into jail in...
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dwight lewis and the usc trojans travel to tempe to meet guy abbott and the sun devils.of arizona. thursday night beginning at 8:30 eastern. >> marques: both teams playing for momentum heading into the pacific life pac-10 tournament. >> steve: cal with its share of the conference title by beating arizona state today. sun devils looking for their first pac-10 props ever. back in 1980 and 1981, they finished second those years to oregon state. those teams ned wolf was the coach and the players were led by lister, scott and williams, lieber. doing it with glasser and mcmillan and other. glasser and boateng back on the floor. gutierrez cuts through that defense! >> marques: jorge gutierrez. normally known for his defensive intensity. nice dribble drive. >> steve: the hot devils ty abbott getting a break on the sideline. >> marques: get this zone to be able to dribble drive all the way from the perimeter and get to the rim uncontested. breakdown for asu. the key, defensive intensity. >> steve: shot clock at 4, at 3, at 2, mcmillan. hits the three-pointer with one second left
dwight lewis and the usc trojans travel to tempe to meet guy abbott and the sun devils.of arizona. thursday night beginning at 8:30 eastern. >> marques: both teams playing for momentum heading into the pacific life pac-10 tournament. >> steve: cal with its share of the conference title by beating arizona state today. sun devils looking for their first pac-10 props ever. back in 1980 and 1981, they finished second those years to oregon state. those teams ned wolf was the coach and...
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and their campaigns were in part inspired by lewis is there to endorse obama early on.and one of the two candidates, he rented the same office that obama had he used the same colors in his local. he is a younger guy. is right there in the community. and that's what sample, but i would like to see how it plays out on the local level. i don't know and i don't have expertise in the area. i think that's one of the things we should pay attention to. that's not something that my book addresses explicitly because it's so early, but hopefully there will be people addressing that and writing about it. >> hi. i am also from columbia college. >> how did i know that? >> my question is on a more personal level you talk about what obama means to politics, even to your mom. but what about to you? >> i think, i look at obama as an opportunity or an encouragement to step up my game. you know, i think the things that i want to personally as a husband, as a father, as a writer, i think i already believe that they were achievable, but i think that what it has done is sorted reduced my tend
and their campaigns were in part inspired by lewis is there to endorse obama early on.and one of the two candidates, he rented the same office that obama had he used the same colors in his local. he is a younger guy. is right there in the community. and that's what sample, but i would like to see how it plays out on the local level. i don't know and i don't have expertise in the area. i think that's one of the things we should pay attention to. that's not something that my book addresses...
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. >> it's worked well in baltimore because, you know, people like ray lewis, ray rice, they've been nominated so many times over the years, so some of that money has absolutely gone to baltimore. q. players get nominated but the money comes and works for kids in the area. >> you got it. >> drew brees, brett favre, peyton manning, for the grounds drew peterson, adrian. >> it's great choices but all the people going online and voting, we will see which fan base is the most loyal. and it goes out there and gets it done. you know, i never forget people think like well, there is maurice jones-drew in jacksonville, but he can't win it because he comes from a small market. i don't know, just a couple years ago, that award went to fred taylor. so it is about the fans just being loyal to their players. >> i'm going to tell you how it comes from my football fan perspective. peyton manning as long as this guy is in the afc elwin 12 games a year and the ravens to get to the super bowl have to go to indianapolis. i will give it to peyton manning. >> ground, about adrian peterson may get a nod here, with a
. >> it's worked well in baltimore because, you know, people like ray lewis, ray rice, they've been nominated so many times over the years, so some of that money has absolutely gone to baltimore. q. players get nominated but the money comes and works for kids in the area. >> you got it. >> drew brees, brett favre, peyton manning, for the grounds drew peterson, adrian. >> it's great choices but all the people going online and voting, we will see which fan base is the most...
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in moscow, dana lewis, fox news. >>> the toyota recall sent transportation secretary ray lahood overll last week. now, that he promised to make sure that toyotas are safe, will the uproar end? we will talk to a congressman who was in the hearings, next. >> shannon: if there was any agreement reached during last week's healthcare summit you wouldn't know it. democrats and republicans drawing battle lines over the trillion dollars overhaul and they dished it out on "fox news sunday." i sat down with fox news anchor chris wallace for a preview. >> coming up a big week with the healthcare summit in washington. some key capitol hill players in to talk about it today and a little bit of disagreement about whether or not democrats push ahead without a bipartisan maneuver. >>> i don't think there is any disagreement that they will try. you got the sense it from bobby menendez. he said we want to see if the republicans are going to agree but they are not. i think they are going to try to pass it through the house on the straight majority house and then through the reconciliation process, the
in moscow, dana lewis, fox news. >>> the toyota recall sent transportation secretary ray lahood overll last week. now, that he promised to make sure that toyotas are safe, will the uproar end? we will talk to a congressman who was in the hearings, next. >> shannon: if there was any agreement reached during last week's healthcare summit you wouldn't know it. democrats and republicans drawing battle lines over the trillion dollars overhaul and they dished it out on "fox news...
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alaska we have a lot of students who make the trail down to fort lewis. i think we have a caravan of 13 cars my first to my daughter went. i will try to get there. i was a single adult. but we have reached out to find out more about that information. ai understand this is an effort in the state. hi understand that effort has been tabled and it is no longer moving forward and there was an apology about the understanding what how this would penalize indian students from attending a land grant college so i think that issue has been resolved. last question? anyone, last question? jongh? >> one of the past secretaries of energy approached me about the discussion of parking federal money into indian banks so each one of the secretaries has millions of dollars they are putting into minority banks, native american banks ought to be one of the first ones. the of millions of dollars and now with all these billions of dollars of surplus that could be an extraordinary amount that could be parked there. another purpose $30,000 of guaranteed funds were loans are availa
alaska we have a lot of students who make the trail down to fort lewis. i think we have a caravan of 13 cars my first to my daughter went. i will try to get there. i was a single adult. but we have reached out to find out more about that information. ai understand this is an effort in the state. hi understand that effort has been tabled and it is no longer moving forward and there was an apology about the understanding what how this would penalize indian students from attending a land grant...
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. >> it's ironic that in effect i think you talked about kenneth lewis having an appetite for deals or something of the sort. but if in a fact he hadn't made this deal which doesn't look like this is only the greatest deal to offer a 70% premium on their next day the stock might have been zero but didn't he kind of save the system force? >> i tell you, he was a confident and decisive ceo, and there's no doubt that was very much at a stabilizing action. >> do you think we would have gotten to to stay on the aig if there hadn't been action of merrill lynch that they? >> i don't know what would have happened because i don't think, warren, i don't think we could have taken one other big institutions failure, do you? the system is i think the thing hard for people to understand is we had ten institutions that had 50 to 60% of the financial assets in this country and they're so interconnected i just think in many ways as bad as this is, and it's terrible, but we look at what could have happened. we are pretty fortunate. >> hank, the british have given you that warned about the situation a co
. >> it's ironic that in effect i think you talked about kenneth lewis having an appetite for deals or something of the sort. but if in a fact he hadn't made this deal which doesn't look like this is only the greatest deal to offer a 70% premium on their next day the stock might have been zero but didn't he kind of save the system force? >> i tell you, he was a confident and decisive ceo, and there's no doubt that was very much at a stabilizing action. >> do you think we would...
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have done, we did our best and it turned out there were things that were unforeseen to us and ken lewisnd bank of america went to go with merle, the british regulator dropped barclay so all of a sudden the south korea dealidn' work out so there you are. >> rose: i wouldn't say... that's true but i wouldn't say they're unforeseen to us. i was worried that maybe none of them would work out. i was hoping they would but we were trying hard but we didn't... if we could have had the authority and got the authority, thought to get from dong buy liquid assets or get tarp earlier or get the winddown authorities, we would have. but my belief is that it is virtually impossible to get anything that's big and difficult from congress unless there's an immediate crisis. and if we'd gone up with lehman and said "there's an immediate cry" we would have precipitated it. >> rose: could it have been and should it have been a better deal, the rescue of a.i.g.? and did investment banks here-- including goldman sachs and others, or banks, and in europe-- get benefits that they should not have in retro senator
have done, we did our best and it turned out there were things that were unforeseen to us and ken lewisnd bank of america went to go with merle, the british regulator dropped barclay so all of a sudden the south korea dealidn' work out so there you are. >> rose: i wouldn't say... that's true but i wouldn't say they're unforeseen to us. i was worried that maybe none of them would work out. i was hoping they would but we were trying hard but we didn't... if we could have had the authority...
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charges which i have here in my hand says bank of america executives including former ceo kenneth lewis deliberately misled shareholders and the u.s. government in order to get bonuses for their workers and to get more money for the bank from taxpayers. >> reporter: the complaint calls this an enormous fraud on taxpayers. and claims the bank and top management were motivated by greed hubris and a palpable sense that the rules of fair play don't belong to them. they called the fraud charges totally without merit and said all involved acting in good faith under difficult conditions. >> b of a agreed to pay shareholders $150 million to settle similar charges brought by the federal government. >> bank of america not exactly hurting for cash. they are reportedly also paying their investment banking employees and average bonus of $400,000 each. >>> the senate's newest member was sworn in a little while ago, effectively killing the democrats' supermajority. even before scott brown took the oath of office he was speaking out and massachusetts' new junior senator had jobs on his mind. listen. >>
charges which i have here in my hand says bank of america executives including former ceo kenneth lewis deliberately misled shareholders and the u.s. government in order to get bonuses for their workers and to get more money for the bank from taxpayers. >> reporter: the complaint calls this an enormous fraud on taxpayers. and claims the bank and top management were motivated by greed hubris and a palpable sense that the rules of fair play don't belong to them. they called the fraud...
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nbc's george lewis joins us live from our burbank studio. george, have we heard any additional word from anyone other than the attorney representing conrad murray. >> officials behind us are being closed mouthed. one thing we do know from talking to people is there are intense negotiations going on between the conrad murray camp, prosecutors and lapd right now. a statement on ed chernoff. he said the specifics are not agreed to. when it is complete we will report further. we understand one of the possible hangups is the mode of surrender for dr. murray. the attorneys for murray want him to turn himself in quietly out of reach of cameras. no paparazzi clicking away. the lapd apparently was insisting on having murray arrested, handcuffed, put in a police car with the cameras rolling. that seems to be one of the points of contention. dr. murray, of course, the allegations against him are that he gave michael jackson the very powerful anesthetic propofol which led to jackson's death last june under improper circumstances. murray has been in l.a.
nbc's george lewis joins us live from our burbank studio. george, have we heard any additional word from anyone other than the attorney representing conrad murray. >> officials behind us are being closed mouthed. one thing we do know from talking to people is there are intense negotiations going on between the conrad murray camp, prosecutors and lapd right now. a statement on ed chernoff. he said the specifics are not agreed to. when it is complete we will report further. we understand...
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the new york attorney general has charged the ex-bank of america ceo kennel liken lewis with fraud.gation into this merger and the subsequent bonuses paid to former merrill lynch employees and i just want to read this quick quote here. it says that bank of america, through its top management, engaged in a concerted effort to deceive shareholders and american taxpayers at large. andrew cuomo, the new york attorney general said that in a statement. we'll continue to update this story on cnn. stay tuned. >>> yeah, we like to call this our "random moment of the day," but tiger woods is probably teed off about our "random moment of the day." today a canadian company is selling a set of golf balls called the mistress collection. a dozen golf balls, each featuring a woman who allegedly had an affair with tiger woods. one of the women known in the porn industry as joslyn jamens, well, she may sue. >> as a victim of violence myself, it bothered me to think that someone would be standing with a dangerous club in their hands and hitting a ball with my face on it. >> more mileage from the tiger
the new york attorney general has charged the ex-bank of america ceo kennel liken lewis with fraud.gation into this merger and the subsequent bonuses paid to former merrill lynch employees and i just want to read this quick quote here. it says that bank of america, through its top management, engaged in a concerted effort to deceive shareholders and american taxpayers at large. andrew cuomo, the new york attorney general said that in a statement. we'll continue to update this story on cnn. stay...
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general andrew cuomo today filing civil fraud charges against bank of america, its former ceo ken lewis, and other executives saying the bank purposely misled investors about more than $15 billion in losses at merrill lynch not to mention huge bonuses in order to complete its purchase of that firm in late 2008. that wall street might still need reform in the wake of the near collapse of the u.s. economy, republicans now actively seeking donations from wall street by making the case they would be antireform. "the wall street journal" reporting that house minority leader boehner has been courting jp morgan chase, chief executive james dimon until now a big democratic contributor telling him congressional republicans have stood up to the president's effort to curb pay and impose new regulations and expressing his disappointment that so many on wall street continue to donate their money to democrats. house democrats today countering mr. boehner's claims, congressman waxman chairman of the energy and commerce committee telling huffington post he could think of two specific examples why wall
general andrew cuomo today filing civil fraud charges against bank of america, its former ceo ken lewis, and other executives saying the bank purposely misled investors about more than $15 billion in losses at merrill lynch not to mention huge bonuses in order to complete its purchase of that firm in late 2008. that wall street might still need reform in the wake of the near collapse of the u.s. economy, republicans now actively seeking donations from wall street by making the case they would...
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ray lewis, they thought he was immuredder, but he was cleared and everyone forgave him and -- thought he was a murderer. but everyone forgave him and he moved on when he was cleared. everyone loved shaq, miami heat, look what they are doing without kobe, but now once kobe got them to a championship, now all of a sudden he is the greatest laker of all time. >> i didn't mean to compare the charges with gilbert to -- >> no. when you come back from a horrible time, it is a totally different thing. kobe had it go away. he paid it to go away. he wasn't found anyone. >> they had the arena filled with lakers fans chanting could be you. >> he was accused of raping a woman. >> you think if he would have been accused of raping a man it would have been -- >> i don't know. it baffles me. it amazes me when they are that forgiving. >> it is the biggest year for football plans. is there a blueprint we can look to for the nfl structure? we will take a peyt goke ahere fhe o. freci hit uy, at g [ nnou wir on ]tch tch fmalencerstar fth ws fu a boey-cn cr [ ] natie, in! ♪ nmore i-moashehow hat [ ] natie,
ray lewis, they thought he was immuredder, but he was cleared and everyone forgave him and -- thought he was a murderer. but everyone forgave him and he moved on when he was cleared. everyone loved shaq, miami heat, look what they are doing without kobe, but now once kobe got them to a championship, now all of a sudden he is the greatest laker of all time. >> i didn't mean to compare the charges with gilbert to -- >> no. when you come back from a horrible time, it is a totally...