. >> narrator: correspondent martin smith investigates. >> smith: make it simple. >> that's a question that can only be answered on what your risk appetite is. >> smith: but this isn't making it simple. >> well, i... i wish it was simple. >> if you want to gamble with your retirement money, be my guest. >> narrator: tonight frontline, "the retirement gamble." >> frontline is made possible by contributions to your pbs station from viewers like you. and by the corporation for public broadcasting. major support ffrontline is provided by the john d. and catherine t. macarthur foundation, committed to building a more just, verdant and peaceful world. more information is available at macfound.org. additional funding is provided by the park foundation, dedicated to heightening public awareness of critil issues. and by the frontline journalism fund, supporting investigative reporting and enterprise journalism. >> increasingly, americans in money trouble in this bad economy are borrowing from their 401(k)s... >> the number of workers borrowing from their accounts has reached a ten-year high...

. >> smith: but it shouldn't be so easy for journalists to go out and find whistleblowers that, at this point, four years after the... the meltdown, that haven't been contacted by justice. >> martin i don't accept... >> smith: no? >> i don't accept for one moment that you all are finding whistleblowers that we're not. what i do... let me continue. what i do believe is that when we speak to the whistleblowers, we have to make a determination whether what they say is really a criminal case. >> smith: we've talked to whistleblowers, we've talked to people inside the banks who've told me, "yes, there was fraud that went on." >> and we've talked to hundreds and hundreds and hundreds of people in these investigations. >> smith: and you're saying, in not one of those cases, having interviewed hundreds of people and looked at these things, you can't find one person in this whole mess that you can establish beyond a reasonable doubt that was selling these things knowingly, intentionally, and defrauded the investors. >> we were not able to reach a level of... that would sustain beyond a reasonable doubt. we were not able to show criminal intent sufficiently enough to obtain, what we believ

and by tfrontline journalism fund, supporting investigative reporting and enterprprprprprpp >> martin smith: it's one of america's most dangerous jobs. >> people have no idea what we go through on a day-to-day basis to give them that service when they're holding their cell phone. >> smith: tower climbers install and service cell phone antennas, ascending hundreds-- sometimes more than a thousand-- feet. >> people don't understand what the danger is to tower climbing. one personrops a wrench and it'll kill somebody. >>yeah, 1,500 feet. look at that view! we get paid for this. we get paid for this. >> 1,500 feet. >> smith: the job attracts a certain kind of worker. >> this is awesome. >> smith: someone like jay guilford. >> he was young, he was cocky. he was never scared of nothing. >> 911 emergency. >> yes, we're working on a tower site. we jushad a man fall froa 200-foot tower. we need an ambulance. >> okay, i'll get them down there. >> it was not even a year, jay ain't even been in it a year when the accident happened. >> smith: guilford's death wasn't an isolated case. over the last decad

. >> reporter: josephine martin and stephanie smith are step sisters. >> walking down the street, we couldn't tell which house was ours. this was the main entrance. this is the kitchen. >> this is your bedroom? >> yep, this is my bedroom. mainly, it seemed like the back wall was what was ripped away on my window sill. my closet was perfectly in tact. >> there are dozens and does ps of patterson drive. streets that were december mated in less than 1 minute. streets full of residents who now have to start over. >> some things can never be replaced. >> where is your living room? >> over there underneath her roof. >> maybe you'll be able to get the photo albumings. >> i'm hoping so. we've got to get that roof moved. >> and just before we left alyssa's home. >> that's my engagement photos. i feel great. >> we see it time and time again when we cover tornadoes and hurricanes. you'd expect sometimes people run back to their houses and look for tvs or clothing. but what people look for, we see it all of the time, the moe men toes, the heirlooms, the books that they've handed down and definit

scott martin and toby smith.could beot, everything in middle not. >> you know, if you look over numbers last week our economy had a heartttack 2008, and 2009 and we're still recovery, but a the top, incomes have come back to where they were, back to 20% of what home values were in many cases in 2008, parts of that goingo feeling comfortable is going totiv tiffy wright ni, an and buying somethg night. neil: very high-ends are doing fine. low end. dollar store and family dollar are doing fine, everything in between fm macs to walmart, not, what is that about? >> yeah, like a weird crowding out. you don't the middle but you want to be on the fringe, that dichotomy, that in the economyight now, but listen, if you are tiffany you do one of two thi to grow sales you build stores where toby lives or you like to see their main customer do well, that ctomer is the high high-end nsumer wh investment in real estate, they are going up. neil: issue two, apple shares off of the $700 high, the apple stock cheap, city 1 analyst

. >> josephine martin and dÉsire smith are step sisters who lived here with their father. >> we couldn'teven tell which house was ours. we had to use the street numbers. this was our porch, this was the main entrance. this was the kitchen. >> this is your bedroom? >> yep, this is my bedroom. mainly, it seemed like the back wall was what was ripped away. my closet is perfectly intact. a lot of my stuff on my dresser, everything it just seemed to -- was crushed by the ceiling. >> there are dozens and dozens of patterson's drives throughout moore, oklahoma, streets that were decimated in less than one minute, streets full of residents who now have to start over. alysicyssa thompson recognizes . >> all of our photo albums were in our living room that we can't get to right now. >> where is your living room? >> over there underneath her roof. >> maybe you'll be able to get the albums down the road. >> i'm hoping so. >> and just before we left her home. >> yay! that's my engagement photos. i feel great. >> reporter: one nice moment on an otherwise dreadful day after. >> we see it time and time

jennifer smith a mother of four in san martin showed us her dirty side at the hollister hills state vehicularecreation area. you know, for women this is not normal. >> where i come from, it is. [ laughter ] >> reporter: jennifer competes in the unusual sport of rock crawling where you drive a truck over terrain you wouldn't even think to go on foot. she works with a spotter to delicately grind over obstacles with 42" tires and 450- horsepower. years of mommy multitasking is paying off. >> i think it helps me to be a better driver because i can watch my spotter, watch my speed, watch my tires. i can do several things all at one time. >> reporter: both jennifer and her '68 ford bronco have such a big online following that readers of a magazine have picked her to be in a top truck challenge. 10 drivers from all over the world come to hollister every year. jennifer will be the only woman driver this year and only the third woman ever to compete in its 21-year history. >> i'm sure there were a few good old boys that were like, yeah, let's pick her and see how she can do. but, hey, i have had four

martin in self-defense. i'm jon scott in for shepard smith. there are many layers to this case and now we have a clearer picture of which aspect could come up during the trial. today the judge ruled attorneys cannot bring up the teen's marijuana use, his suspensions from school or any reports of previous fights in which he got involved. remember, just last week the defense released dozens of photos from the teen's cell phone. they appear to show a gun and the teenager blowing smoke. defense attorneys says those photos and text messages could help show the teen's state of mind before the shooting. spokesperson for the family says travon martin is not on trial. remember, george zimmerman faces second degree murder charges y x with last year's shooting. zimmerman says he pulled the trigger in self-defense citing florida's stand your ground law. also today the defense asked to push back the start of the trial. >> we're not going to be ready and we are going to need several weeks to a couple months' delay to make sure that the experts are lined up,

martin truex did. and the second pack, led by jamie mcmurray. jail earnhardt jr., dave stremme, smith>> i think michael went back and picked up truex. i think he went back there. truex fallen back. michael fu michael fell back to get him. the interesting thing, the second group, interesting to see if the second group can catch this back of the pack right here with 56 of truex. mcmurray in the group. dale jr., good cars in that pack. >> that second group did the right thing, they lined up single file. problem for them was, so did the first group. >> i don't know who's got the memo, let's ride around the top of the track for a while. maybe it's getting late. maybe let's just ride around the top, it's getting late. the x-factor in the whole equation, everybody will have have to make one more stop. it's coming with 20 to go. what will they do? fuel only. i don't think any driver will have his team change all four. maybe two left, maybe two right. to me that's the x-factor. >> saturday night under the lights, darlington, south carolina, annual mother's day southern 500 mother's day within.

smith, he had served nine years in prison and was wanted for parole violations. >> terrell, thank you. >> president obama gave the commencement address today at martin luther king's alma mater, morehouse college, a historically black, all-male school in atlanta. mr. obama challenged the graduates to stay focused on family. >> be the best husband to your wife. or your boyfriend or your partner. be the best father you can be to your children. because nothing's more important. >> later, remembering how civil rights pioneer medgar evers helped clear the way for african-americans on television. that accused u.s. spy leaves russia and far from florida the story of one couple's bittersweet lottery win. those stories when the "cbs evening news" continues. side effects may include headache, abdominal pain, and diarrhea. if you have persistent diarrhea, contact your doctor right away. other serious stomach conditions may exist. don't take nexium if you take clopidogrel. relief is at hand for just $18 a month. talk to your doctor about nexium. [ male announcer ] that's why there's ocuvite to help replenish key eye nutrients. ocuvite has a unique formula not found in your mu

founder of rachel martin associates in new york we have george newly he is a fellow of the global policy institute of london metropolitan university and in washington we cross to fred smith he is founder and chairman of competitive enterprise institute. that means you can jump in anytime you want george capitalism state today. well i think capitalism is indeed in crisis it's been five years since. the crash of two thousand and eight and the multiple bailouts and the unemployment remains high and there's no real prospect of recovery and what is really going to be clear is that we now because we are having to live with a situation of very high unemployment high rates of poverty and capital which is supposedly the unit of capitalism essentially going to exclusively for one purpose which is finance and always just simply makes money off itself ok rachel jump in the state of capitalism today. you know capitalism was doing just fine until it was hijacked by socialism and what i think george is seeing and what we're all seeing what occupy wall street has been protesting is really the socialists a version of capitalism and not capitalism itself and george just touched on one rea

founder of rachel martin associates in new york we have george said newly he is a fellow of the global policy institute of london metropolitan university and in washington we crossed to fred smith he is founder and chairman of competitive enterprise institute in effect that means you can jump in anytime you want george says capitalism state today well i think capitalism is indeed in crisis it's been five years since the crash of two thousand and eight and the multiple bailouts and the unemployment remains high and there's no real prospect of recovery and what is really becoming clear is that we're now having to live with a situation of very high unemployment.

founder of rachel martin associates in new york we have george said newly he is a fellow of the global policy institute of london metropolitan university and in washington we crossed to fred smith he is founder and chairman of competitive enterprise institute. that means you can jump in anytime you want george capitalism state today. well i think capitalism is indeed in crisis it's been five years since the crash of two thousand and eight and the multiple bailouts and the unemployment remains high and there's no real prospect of recovery and what is really becoming clear is that we're now a bit without having to live with a situation of very high unemployment high rates of poverty and capital which is supposedly the unit of capitalism essentially going to exclusively for one purpose which is finance and always just simply makes money off itself ok rachel jump in the state of capitalism today. you know capitalism was doing just fine until it was hijacked by socialism and what i think george is seeing and what we're all seeing and what occupy wall.

founder of rachel martin associates in new york we have george said newly he is a fellow of the global policy institute of london metropolitan university and in washington we cross to fred smith he is founder and chairman of competitive enterprise institute. that means you can jump in anytime you want to george capitalism state today. well i think capitalism is indeed in crisis it's been five years since. the crash of two thousand and eight and the multiple bailouts and the unemployment remains high and there's no real prospect of recovery and what is really becoming clear is that we now because we are having to live with a situation of very high unemployment high rates of poverty and capital which is supposedly the unit of capitalism essentially going to exclusively for one purpose which is finance and always just simply makes money off itself ok rachel jump in the state of capitalism today. you know capitalism was doing just fine until it was hijacked by socialism and what i think george is seeing and what we're all seeing and what occupy wall street has been protesting is really the socialists a version of capitalism not capitalism itself and george touched on one the reas

martin indic from brookings. >>> and no compromise, the nra brings out big guns and claims a record five million members, the daily fix is next on "andrea mitchell reports." [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ♪ [ agent smith ] ge software connects patients to nurses to the right machines while dramatically reducing waiting time. [ telephone ringing ] now a waiting room is just a room. [ static warbles ] mommy's having a french fry. yes she is, yes she is. [ bop ] [ male announcer ] could've had a v8. 100% vegetable juice, with three of your daily vegetable servings in every little bottle. let's say you pay your guy around 2% to manage your money. that's not much you think. except it's 2% every year. does that make a difference? search "cost of financial advisors" ouch. over time it really adds up. then go to e-trade and find out how much our advice costs. spoiler alert: it's low. really? yes, really. e-trade offers investment advice and guidance from dedicated, professional financial consultants. it's guidance on your terms, not ours. that's how our system works. e-trade. less for us. more for you. diarrhea, gas, bl

martin o'malley doing this in maryland. i want to get into that after this. with the spark cash card from capital one... boris earns unlimited rewards for his small business. can i get the smithact, please? thank you. that's three new paper shredders. [ boris ] put 'em on my spark card. [ garth ] boris' small business earns 2% cash back on every purchase every day. great businesses deserve unlimited rewards. read back the chicken's testimony, please. "buk, buk, bukka!" [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose 2% cash back or double miles on every purchase every day. told you i'd get half. on every purchase every day. are you still sleeping? just wanted to check and make sure that we were on schedule. the first technology of its kind... mom and dad, i have great news. is now providing answers families need. siemens. answers. . >>> so the fact that it's martin o'malley in maryland who is leading the way in that state to abolish capital punishment because martin o'malley is interested in running for president in 20106. the next example of that that maybe notorious, pk running in 1992, trying to be the anti-dukakis and dur