-- bo biden, lisa madigan. all pushing to make sure those resources -- those are narrow. they are not only consistent in what i think this announcement today made very clear that the focus we have and the release is being contemplated are narrow enough to allow us to go forward with this. >> he talked about the accomplishments of the financial fraud enforcement task force. this is a pretty significant announcement of additional resources today and collaboration information sharing. it has been more than three years since the market crashed. looking back on it, do you wish you had done something like this sooner? >> i think we always want to make sure that as we do an investigation or take on an effort, you want to check along the way. what we are doing today makes sense given where we are and the work we have done. this built upon the work has already been done by the task force and by our colleagues in the state. i think we're doing this at the right time. i do not think we would be in a position to do what we

the department of defense tuition assistance benefits last week the illinois attorney general lisa madigan college she said the for-profit college misled some students leaving them deep in debt with nearly worthless degrees >>our breaking news story this illinois senator mark kirk underwent surgery today after suffering a stroke we will have hey kev, how about a bike ride? huh? you're not my dad ahhhhh!!! hey honey, back feels better little dancing tonight, you and me? hey boy, you wanna go for a walk? dr. scholl's pro inserts with shock guard technology relieve different types of lower body pain by treating at the source so you're a whole new you. where is everybody? that's not your dad. go pro with dr. scholl's. [ male announcer ] we asked real people if they'd help us with an experiment for febreze fabric refresher; they agreed. [ experimenter 1 ] relax take some nice deep breaths. [ experimenter 2 ] what do you smell? lilac. clean. there's something that's really fresh. a little bit beach-y. like children's blankets. smells like home. [ experimenter 1 ] okay. take your blindfolds off.

died instantly when those elevator doors opened on the floor on fire >>illinois attorney general lisa madigan is exceptgetting ready to file lawsuits against it for-profit career college west would college has four campuses in the chicago area including this one in the loop. the lawsuit accuses the college of misleading students enrolled in its criminal justice program which is not accredited in illinois the attorney general also says the price of a degree of more than $71,000 is too high. she wants all contracts between west with an illinois consumers rescinded and tuition fully refunded the suit also seeks to revoke or suspend the criminal justice program at that west would college >>the chicago city council opens its first session of the year today ... there were able to agree on tributes to maggie daley ... but community and labor groups expressed concerns about municipal ordinances to deal with the nato and g-8 summits and the issues of free speech ... one iraq war veterans thinks that he fought the wrong war >>my fight is here at home for democracy and civil rights >>i've been to these

west would college commercials promising careers in criminal justice illinois attorney general lisa madigan swing to shut it down to get refunds for many students. down the impact of west but exceedingly unfair and deceptive tactics are clear crowd which remain under employed or unemployed stop with tens of thousand dollars of debt >> plant by west with students drowning in debt giving out worthless degrees misleading students about job prospects west what has four chicago area colleges like one on state street cost of criminal justice degree about $70,000 roughly five times higher than committed the college >> american airlines celebrating bankruptcy with free booze. europe and asia and south american destinations offering complimentary beer and wine. move comes after american recently filed for bankruptcy protection company also subject of a few takeover rumors included one by delta airlines. sometimes you shop and a mall and sometimes online stores of the future retailers hope best of both worlds i imagine trying out a wardrobe without stepping into the dressing room. national retail fed

colleagues who actually are part of our working group, march that coakley and kathryn masto and lisa madiganworking on this. what the president came to understand, i became attorney general a year ago, realized new york and delaware, why my collaboration with beau bide nefbiden was important. there were pools of mortgages deposited in trusts. we started looking at what she is talking about, did they get the paperwork done, things like that, and realized there was a lot of work to do, but a lot of potential for proving liability. we started discussing this with our federal counterparts a few months ago. i've been in discussions with them and negotiations but the president took hold of this and said you know what, we don't want to do this gradually, i'll throw resources behind this mandate the attorney general put together all the agencies you need to get it done rachel, you need resources, jurisdiction and you need will, and when i stood there today with eric holder and my other colleagues in government, other prosecutors, i felt that we have that level of comm commitment. >> there has been a

only to attorney general schneiderman but to other attorney generals that are part of this group, lisa madigan, bill biden, and others that are part of it for pushing to make sure that those releases are narrow. so that is a significant, significant part of what has been accomplished in the work done on service guesson service. but i think the announcement today makes very clear that the focus that we have and the releases that are being contemplated are narrower enough to allow us to go forward while still completing the service. >> attorney general holder, kevin waxman from the american banker. you talked about the accomplishments of the financial fraud enforcement task force but this is today a pretty significant announcement of additional resources and collaboration information-sharing from what was going on before. and it has been more than three years since the market crashed. looking back on it, do you wish you had done something like this sooner? >> well, you know, i think we always want to make sure that we are -- when we do an investigation like this we want to do checks along the wa

division, tony west, and other critical leaders, including the attorney generals from illinois, lisa madigan and a u.s. attorney from georgia at and the financial enforcement task force. we are here today to announce an important step forward in investigating the financial misconduct and specifically misconduct in the market for mortgage-backed securities. that contributed to army nation's economic crisis. -- that contributed to our nation's economic crisis. the team standing with me will be leading a new initiative. the residential mortgage-backed securities working group which will operate as part of the financial fraud enforcement task force. this working group brings together a variety of federal, state, and local partners, including hud, the fbi, the irs, the consumer protection bureau, the financial crimes enforcement network, and federal housing finance agency office of the inspector general perry these and many other task force members have been conducting investigations into the residential mortgage backed securities market, as well as related aspects of the housing market for some