the lme says that the suit is "without merit." lena khan has been reporting on this story. she says the inclusion of the lme is key: "over the last few weeks, a lot of the attention has focused on the banks - on goldman sachs, jp morgan - and what they're doing with the warehouses, but i think the fact that the lme has designed its rules in a way that enables the banks to create these kinds of queues, that's very significant." the department of justice, the sec, and the federal reserve are all investigating the practice. in today's cover story, the battle between apple and samsung extends beyond stores into the white house, where the obama administration stepped in to referee a patent fight over a samsung technology that was allegedly used by apple in its early iphones. some say the decision is changing how companies can protect their inventions. "it takes away one avenue some patent owners use." the obama administration says it overturned a u.s. international trade commission ruling in order to prevent harm to consumers. if it hadn't gotten involved, apple would have been

there were accidents at lme we're still backed up in the south bay here.oming up through 85. we've also been tracking problems on city streets here here's the live look from kron4's tracking system. jackie this is quite a mess there. we can see it. a truck on its side. looks like it's in someone's yard sprint >>: it's actually still on the upside you can see the second car that was involved in this collision. fremont police department accident technician to get evidence. apparently are 515 that big truck traveled east bound. it jumped over the center divider. >>erica: good morning george. take a look at this. we are seeing blue skies and sunshine were cathedral hill and san francisco. we started the morning off with over cast a foggy conditions of looks like a lot of clarain taking place right now. inside morning fog at afternoon sunshine and the potential. all was well and the bay area. we're talking temperatures close to where they should be for this time of year. i'm sure your 7 day around the bay forecast coming up at 745. >>james: when i talk more abo

the lme's owner says it will fight the class action lawsuit. we have been talking in recent weeks about this. wall street banks facing increased scrutiny in their involvement in the business for storing and transporting commodities like oil and aluminum. >>> u.s. equity funds saw a record inflow of about $40.3 billion in july. this was happening at the same time that investors actually pulled $21.1 billion out of debt mutual funds and etfs. this comes after record bond outflows of $69 billion back in june. trim tab reports that more of the money that has come out of those bonds is being held in cash rather than being invested in the equity market. barry, this is pretty interesting story to watch as investors continue to figure out what's happening with qe-3. and what bernanke is up to. >> right, right. well, you know, our view all along had been that the so-called great rotation could never occur until the fed started the exit strategy process. the whole idea was, you know, go back to all these prior cycles. money will, you know, will eventuall