more on the new regulations i'm not joined in the studio by mark's a good project partner baker and mckenzie thanks very much for joining me now what exactly is being regulated there are three areas of first sanctioning of market one occlusion circle the sanctioning of insider trading and through public publicity requirements for insiders so insiders will have to publish their shareholdings now if we focus on the insider trading how would that compare with similar laws in europe and if you look at the letter of the substance of it it's very similar to what you have in the west if you look at the level of it it's much more extensive a lot of details were glued to those who would have expected russia however a couple of details which emerged in practice in the west which will operate to lead to a situation that is also situations where you have conflicts of interest between people just imagine the state bank where the chairman of the supervisory board is one of the same and he deals with. inside information to or from. the regulation going to be tighter than they are in europe. seems tighter a

tour a rookie though still with plenty to do and george's club brock mckenzie unfound v.z. his biggest challenge is followed by a large chasing pack led by daniel chopra the swede finishing the opening day starting five under sixty five with spencer eleven it will too much effort the american we have shown here in the finals holds become one of nine players on five songs or par stores. finally spain may be the world cup champions for the first time but octopus paul knew that all along the marine wonder now declared an honorary friend of the spanish talent. in the glory of a spot on world cup predictions plenty of visitors and even more memorabilia for the famed octopus including a bronze likeness of himself german resident paul making waves after correctly predicting the winner of all six of germany's games while also picking spain to win the title against the netherlands you know becomes the only octopus in the world to have his own jersey to become an official on the reef friends of the twelve and a half thousand people living in the tone of your call. to him and that is

in january of 2000, ktvu's bob mckenzie recounted their story. >> reporter: it was one of the great environmental outrages of the 20th century. husseih of iraq losing the war he started by innovating kuwait took a monumental revenge. they left 650 oil wells torched and burning, blackening the sky for hundreds of miles. predictions were that kuwait would burn for years. the fires in kuwait called forth the biggest firefighting effort in history. 8,000 pieces of heavy equipment, 125,000-tons of materials and gear left the u.s. on their way to kuwait. the becktal group, a san francisco based company took on the job of putting out the fire. 10,000 people from 43 countries would join this firefighting army. the commanding general, you might say, was terrance farly, the president of becktal construction at that time. he had built big projects all over the world but he wasn't prepared for what he found in kuwait. >> the magnitude of the damage in the oil field was much greater than anybody ever envisioned. you knew it, but you couldn't begin to envision the degree. >> reporter: the firefighters had foug

jean mckenzie from globalpost, thank you so much. >> thank you, margaret. >> lehrer: finally tonight, a portrait of artist chuck close , in work and life. geoffrey brown has our conversation. >> brown: chuck close is best known for his large scale portrait paintings. some strikingly realistic, others a kaleidoscope of colors. he's also known for overcoming serious odds, growing up in working-class washington state with learning and physical disabilities before graduating from yale's graduate school of art and becoming an art world star. and then at age 48 suffering a collapsed final artery that left him partially paralyzed and wheelchair bound. an exhibition of close's print making work is opening at the corcoran gallery of art in washington. a new biography has just come out a companion to an earlier volume on close's art work. joining me is the former curator at the walker arts center in minneapolis and artist chuck close. welcome to both of you. there has been a lot written about this man. a lot said about him. what were you after in write ago book? >> i had known chuck a long time

i was next to mckenzie who was thin as a rail. i thought was, you know, very sexy.sonality. she knew how to speak to people. yeah, i was very insecure. >> reporter: the spotlight got even brighter in 1981 when she married rocker eddie van hailen. but the marriage which lasted more than two decades had some built-in problems. >> ed and i were never best friends. i was madly in love with him. i believed the same from him. but we became... i think because we were never really friends that it was much easier for the relationship to fall apart. i know it took us a long time. i think we were both stubborn. >> reporter: when her insecurities got the better of her, she found comfort in food. with predictable results. >> i was so unaware and so unconscious. i was just feeding an empty pit of despair. i mean it was really that bad to a certain point. i was really low, low, low. i used to argue with ed all the time. i said you're an alcoholic. you don't have to drink. i have to eat. that's not fair to an alcoholic because they feel they need it. >> reporter: but it's a good po

mckenzie is here, who every year with respect of silence, and it is assigned to that project to help -- has been assigned at least in the past, to help work through community events. he has adapted to make sure or to help to troubleshoot and make sure, but we do put the responsibility on the event producer to do the mailings and to be noticed, and friendly, to continue. >> just to echo what the general manager said, it is not that we do the following things and then walk away. dana and her staff attend millions of meetings. we are involved in the process, but we are asking them to lead in. >> basically, what concerns me is it happens occasionally. somebody might miss something. but when i'm hearing is that "i only heard about this" as commissioner sullivan said, yesterday. i do not want to start hearing that more and more in the future. >> i hope you do not, but the other thing is the best policy in the world will also not guarantee that there is not a percentage of people you say the -- who you hear that from. in a perfect world, i will make sure everyone knows, is happy, and you ha

we spoke to a corporate lawyer max good broad from baker and mckenzie he says that russia's insider trading nor has much in common with western versions. if you look at the letter of it it's much more extensive a lot of details are regulated as you would have expected in russia they are however a couple of details which emerged in practice in the west which are not regulated that is in a situation that is also situations where you have conflicts of interest between people just imagine the state bank where the chairman of the supervisory board is one in the same and he deals with two banks and learns inside information two of them does it mean that foreign investors can now rely more on information flow in russia well relying two sides the first is that they get the information and second is that actually the information is disclosed the law regulates when information has to be disclosed but it doesn't regulate which information has to be disclosed that is a question in russia of corporate and securities law and it's also of press legislation and press practice of course the law doesn't deal

we spoke to a corporate lawyer max good broad from baker and mckenzie he says russia's insider trading nor has much in common with western but. if you look at the little food that's what's more extensive lots of details we're going to have expected. however a couple of. protests in the west which will operate in these situations that is also situations of conflicts of interest between people. in the scene and he deals with inside information does it mean that foreign investors can now rely more on information flow in russia well relying two sides the first is that they get the information and second is that actually the information is disclosed. a lot regulates when information has to be disclosed but it doesn't regulate which information has to be disclosed that is a question in russia of corporate securities law and it's also a press legislation and press practice of course the law doesn't deal with those questions and they continue to be weaker as compared to the west and what kind of changes will companies actually need to make will it be a question of restructuring or it is not a