go a mile south of manasquan island you'll find her right on there on the beach, the good ship captain gavin, parked where no fishing troller ought to be right up on the beach. >> you should know what you're doing. >> it's not rocket science. indeed, but there she is high and dry since wednesday morning early. us coast guard point pleasant is a mile up the road, nobody is hurt and there answer. next priority environmental 9,000 diesel fuel aboard it's a risk, but there were no ruptures. >> now recovery. >> there was nobody injured. it wasn't a search and rescue, it was just a salvage case. we got in contact with toe boat us and they're in works with them getting the boat off the shore. facing high sees so they're looking to saturday to hopefully get the boat off the beach. according to the coast guard, how did she get there they're finding out. as far as you know and you did say you spoke with the captain, how did the boat wind up on the beach this morning. >> on honestly we don't know how it wound up on the beach. we can't speculate anything. i talked to one commercial captain to hold

the coast guard responding to call for help from the 77-foot ship about a mile south of the manasquannlet early this morning. three people were on board the stranded ship. there's no damage to the ship. it does not look like there was any pollution. no word yet on how all this happen. >>> new jersey transit passengers have been complaining about a funky smell on some of the trains. well now we might know where that smell is coming from. officials say the trains are kept at a rail yard about a quarter of a mile from a mulch factory in morrisville. that's in pennsylvania. new jersey transit believes that the smell has permeated some of the rail cars so now the transit authority is trying to figure out exactly what to do about the problem. >>> all right. here's a problem to have. million dollar cash5 winner in our area. the question is do you have the tick right. >> i don't have it. that ticket matching all five numbers was sold in montgomery county. it was for last night's drawing. someone bought it at sunoco on the 2100 block of east tie street. the tour owner is pretty excited about t

manasquan a bit of breaking news early in the day on deutsche bank delivering $3 billion in cost savings2020. they are bringing a man in the know. is this enough? you had a look at this cost-cutting, the return on equity, and then the postbank acquisition. guest: it looks like a good strategy. i do not know about major surprises. they have turned down their return expectations. it is down to 12%. that is pretty common. what we have seen across the industry. 65%. again very much in line with the industry. they clearly think there is going to be more pressure there because the european minimum is free at the moment. and deleveraging the investment bank, getting out of postbank, and more importantly, just as jamie dimon was talking about in his letter recently reinvesting in wealth management and global money transmission, so i do not want to say me too, because it is a automatic plan, but it is not going to knock the cover off the ball at this point in time. caroline: with the unwinding postbank, going back to the market 2016, what sort of company will it be? do you want to buy into that?