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after all, we're metlife.. christopher chyba, welcome. >> thank you. >> tell us about the seti institute. what is it? >> it is a private nonprofit research organization that is interested in the other gin and distributions of life in the universe. >> how does it function technically? >> we have three main areas. one is education and public outreach. that is largely funded by the national science foundation and nasa beyonds. we have about 120 employees. those two branches are what nasa might call astrobiology. everything from organic chemistry between the stars to microbiology to the exploration the solar system then the other half of the institute is the center for seti research. that is the part of the institute that is involved in the search for extra terrestrial intelligence. >> so it's an astrobiological institution. >> that's exactly right. >> is astrobiology a new science? >> the word has been around for decades but there has been an acceleration in afghanistan especially since nasa has begun to focus on

after all, we're metlife. this program has been occasione urnal of february 28th, 2004 called going dutch in legalizing prostitution, and soft drugs. >> are we discontinued to do the same. why do you those are the kind of issues that you select. that is a basic recap of your proposition of the peace. do you want to talk about the global pipeline the global pipeline of values that's coming across. most people in the united states we make up our mine. we don't follow europe. >> right. well i think that's a popular myth and misconception. i lived overseas and russia until recently. one the things that occurred lot a things you see in europe are things that are ahead in some sense what you see in america. the article sit elf was prompted by the whole debate over same sex gay marriage in massachusetts that americans boy this is sort of a fau naphenomew to us. in fact the dutch had legalized gay marriage in 2001. and so in america is really kind of sense catching up so absolutely there's a valts pipeline >> you thin

metlife is putting its name on a major piece of sports real estate. the insurance giant is purchasing the naming rights to the home of the nfl giants and jets. "the new york post" is reporting the $1.6 billion meadowlands stadium will be called metlife stadium. and the deal could range as high as $20 million a year for 20 years. the stadium will also host the super bowl in 2014. "the post" says it could be announced as early as next week. and this just in, j.p. morgan chase is cutting its fourth quarter estimate for the u.s. gdp. it comes on the heels of morgan stanley's decision to slash its global growth forecast. j.p. morgan is cutting its first quarter 2012 gdp estimate from 1.5% to 1/2%. ashley, back to you. >> all right, diane, thank you very much. a number of u.s. banks have been hard hit by the recent volatility in the markets but some of them are remaining upbeat in this time of crisis. fox business' jeff stopped by one of them and has this report. >> exclusively here on the fox business network, the president and ceo of fifth third bank chic

. >> yeah, we're watching the big insurers, all state, metlife, and they are all up between 4% and 12%ene had much less bite than bark, and that's good for the insurance industry, because if you remember the insurance industry was hit hard from the spring. all of those storms and tornadoes, and the south and the midwest, you know, shares of metlife and allstate, for instance, they are down 20 to 30% this year. can you see that right there. a big sigh of relief from the insurance companies. this is good for the broader economy that the storm was not the big monster people thought. analysts say consumers can keep going with the regular spending instead side tracked with a huge clean up. >> the damage estimates for irene seem like they are all over the map. why is that? >> they are. because we have yet to get all of the information in. we go through estimates to start. so the damage estimate from the government is 1.2%, but this only covers wind damage. when you think about what kind of storm irene was, you know, it was mostly that rain, and what it did to swelling the rivers and lakes. m

look at metlife and allstate and for the years the shares are down 20% to 30%, and because of all ofstorms and th tornad that we had in the spring, and remember the southwest and joplin, missouri, and they took a beating in the spring and getting off easier this time around, suzanne. >> i know when it used to rain my basement would flood in maryland, and i would go out to the retailers like lowe's and home depot and you have to pay out of pocket, so you go the these places and what about in terms of the numbers for them? >> well sh, they are flat, and the opening bell we saw shares of home depot and lowe's popping in the early trading, but now one is trading lower and one higher, and it is kind of the same thought process as the insurers and with the damage, it was not as bad as expected so that the thinking is less to repair or rebuild and fewer supplies are needed and people won't keep on buying all of the things at those stores, but what we did see before the storm hit, suzanne, is that shares of home depot jumped 5%, and lowe's up 7%, and that time people were loading up on up a

conversations with yesterday for agreeing to do this and rescheduling the game for monday night at 7:00 at metlife stadium. in preparation for the expectation of the storm will have a substantial impact all across the state, the national guard under the direction of general reese has deployed 1500 national guard soldiers and airmen throughout the state across 12 different armories and in addition to helping staff evacuation sites and shelters. as they always do, the guard has stepped up in extraordinary way here. citizens, soldier and airmen who have answered the call, put on the uniform and working now in partnership with the folks at the state police under the direction of colonel fuentes to provide safety and security at the shelters and help with the evacuation process. for those people who do not have a place to go, our shelters are the place of last resort and many are now open and prepared. we're currently housing an estimated 5300 people already and we're prepared to accommodate more as time goes on. so far there has been a few hiccups in terps ms of moving fs around but things are run pre

at least according to a metlife study. more and more are turning to their grandparents.at is something that financial analyst clyde anderson talked to me about earlier, something now, if you're retiring, you need to get ready for the grandkids. >> we're having a lot of people that are losing jobs, they're unemployed, losing their homes. so the parents or the grandparents now are stepping in to really fill that void. >> and a lot more grandparents out there these days as well. >> talking about 65 million grandparents. think about it, it's that baby boomer generation. and now they're having to take care of that sandwich generation, the once that are in between. a lot of them are paying college tuition or secondary school tuition. they're also paying some expenses, living expenses, mortgages. they're paying for toys and diapers, even, because they're really trying to fill the void. i've heard of one family who came in that helped their grandparents, who helped their kids, $59,000 last year. that's a huge amount they're having to supplement in the income. >> will this be som

we have our eye on insurers, allstate, travelers, and metlife could rise because damage from irene wasn'txpected. you may see investors buy into those stocks. kyra? >> alison, thanks. irene may be gone. this story is far from over, as you know. stay with cnn all day. we'll get the latest on the storm's aftermath and the cleanup and what's happening state by state. >>> it caused international outrage when the lockerbie bomber was released. in the chaos of libya, we lost track of the dying terrorist until now. nic robertson tracked him down. [ male announcer ] members of the american postal workers union handle more than 165 billion letters and packages a year. that's about 34 million pounds of mail every day. ever wonder what this costs you as a taxpayer? millions? tens of millions? hundreds of millions? not a single cent. the united states postal service doesn't run on your tax dollars. it's funded solely by stamps and postage. brought to you by the men and women of the american postal workers union. ♪ [ doorbell rings ] hello there. i'm here to pick up helen. ah. mom? he's here. nice whe