morgan which j.p. morgan is not releasing to the trustees or their clients of m.f. global. so with that she says although m.f. global owes j.p. morgan one point two billion as an unsecured creditor clients of m.f. global whose funds are still missing should not have to beg j.p. morgan for relief were simply asserting that if m.f. global comingle funds from customer accounts or cannot properly account for them keeping morgan can't lay claim to those sounds as if they were their own says one investor in m.f. global but maybe morgan's balance she is severely impaired a lot of smart money is sure j.p. morgan you know my guess is that jim rogers who said he is short of big money banks is give the name i'll just guess that is j.p. morgan he can comment on that if he wishes but i think the smart money is massively short j.p. morgan stock because this stock if you mark to market anything and everything is worth less than zero but it's a theme here i'm really focused on max is that we've been focusing on is that the millionaire is one hundred million or so if you make one of these h

kimberly terry has the latest on the victims, the investigation from morgan hill. >> reporter: morgan hill police say there were about 15 to 20 teenagers on this lawn at the corner of cosmo and del monte. during a drive by shoot. a 14-year-old girl was killed, three others injured. >> we don't believe that they were targeting those four specifically. just that they happened to be in the wrong place at the wrong time. >> police say 214-year-old girls are in critical condition, one of them shot in the abdomen is in a medically induced coma. a boy has been treated and released from the hospital. as for the suspects. >> one of the officers who happened to be in the area during the time of the shooting followed the vehicle, lost it temporarily and found it on bar nel which is approximately three or four blocks away from the scene of the shooting. >> police called in s.w.a.t. and surrounded an apartment building where the suspects were arrested. police have identified them as esmeling bahena, 23-year-old prim tivo hernandez of san jose, 19-year-old ricardo dias of morgan hill and fernando m

here we are at the morgan hill community and cultural center. this is where people are going to be meeting tonight to talk about the senless death of tara romero. the 14-year-old from morgan hill was shot and killed in this city in a drive-by shooting friday night. three of her teenage friends were hurt. it happened near cosmo and del monte avenue while the four were waiting for a ride home. police say the five suls spektsz are gang members ranging in age from 17 to 23. today all five are scheduled to be arraigned in santa clara county superior court at 2:00 this afternoon. romero's father tells nbc bay area he now know what it means when someone says no parent should ever have to bury their child. >> should have been me and let her live. we've got to find strength. i'll honor her every day of my life. >> reporter: romero's friends are honoring her with a facebook page titled "r.i.p." tara romero. the family explains a fund has been set up at a wells fargo to help pay for funeral costs. if you'd like to make a donation, you can stop by your well

right here at the morgan hill community and cultural center. 14-year-old tara romero of morgan hill was shot and killed in a dive-by shooting friday night. it happened near cosmo and del monte avenue. police say the five suspects are gang members ranging in age from 17 to 23. today all five are scheduled to be arraigned in santa clara county superior court at 2:00 this afternoon. romero's father tells nbc bay area he hopes they save the court system and money and his family grief by pleading guilty. >> people like this have no regard for life. it's like getting promoted in the military, you know? >> romero's friends have set up a facebook page in her honor. already more than 450 people like it. according to the page, there is a fund-raising car wash happening this saturday in morgan hill, saturday the 12th to help raise money for romero's family and funeral costs. in the meantime once again, the city of morgan hill hosting a community meeting to talk about tara romero's death from 7:00 to 9:00 tonight. this is the city's first homicide in more than two years. >> simply tragic, too.

morgan and bank of america is m.f. global commingled segregated funds with corporate assets it was a criminal act paying such a creditors claim with a portion of those commingled funds would make them a beneficiary of that crime this is a remarkable development in the recent history of bank pilfering of wealth from common people they are now just reaching into the segregated accounts them solved and confiscating wealth of directly but not using credit default swaps they're not using the arcadia derivatives anymore they're not the skies in their actions they're just stealing money directly from the accounts you open your account is like oh less money why because these banks stole it this is a new level of insidiousness so tight fund management goes on to say that's the trustee involved in this is the same trustee the same lawyers that manage the bankruptcy of lehman brothers they themselves received one hundred sixty million dollars for handling the bankruptcy of lehman creditors got nothing so this capital management f

marla tellez live in morgan hill with an update. good morning. >> reporter: jon and laura, good morning. this is really hitting this community hard here. that is why the city of morgan hill is hosting a community meeting. it's going to be happening right here where we are this morning, the morgan hill community and cultural center. now, according to the flier that went out about this event, this meeting is to address any questions or concerns people may have regarding the drive-by shooting that left a young girl dead. 14-year-old tara romero of morgan hill was shot and killed in the senseless shooting that happened friday night near cosmo and del monte avenue. romero's father says the teens were simply waiting for a ride home. he says they were sitting innocently outside an apartment complex when gunfire rang out. police say the five suspects are gang members. one was on probation. they range in age from 17 to 23 years old. three are from morgan hill, one from san jose, the other from gilroy. today all five are scheduled to be arr

three are from morgan hill one is from san jose and the fifth from gilroy. police say retaliation is a concern and so tonight they are stepping up ma trolls asking for assistance from gilroy and from the sheriff's department. live in morgan hill, kimberly tere. >> thank you. >>> in oakland while occupy demonstrators continue to rally in front of city hall a different protest is underway marking the anniversary of the sentencing of johannes mehserle. he served 11 months in prison after shooting and killing oscar grant on a b.a.r.t. platform in 2009. friends and family are trying to bring attention to what they say is the police containment of the african and latino communities. we'll hear from the protesters as well. next at 5:00 we'll look back at the life of andy rooney. a manmade famous on 06 minutes. >>> how levi's wants you to save water washing your jeans. >>> and stanford continues their quest for a national title. >>> the weekend is off to a chilly and rainy start. you can see this on the radar. the rain pushing into the bay area including in san jose

morgan stanley shed 9%. its total exposure to italy, including corporate bonds, is just under $2 billion. it lost $3 billion in market value with today's sell-off. citigroup dropped more than 8%, down to a three-week low. and bank of america fell more than 5.5%. after the close, the market focus fell on cisco systems. the tech giant turned in better- than-expected earnings as c.e.o. john chambers' turnaround is gaining traction. the company dropped guidance in cisco earned 43 cents a share in its fiscal first quarter, four cents above estimates. but remember, the company dropped its guidance back in august. revenues also were stronger than anticipated, coming in at $11.3 billion. cisco says most of its restructuring is finished. ahead of those results, cisco fell almost 4% on stronger-than- usual volume. a year ago, shares fell hard after disappointing guidance and again in february. after the close, shares made up almost all of what they lost during the regular session. other tech stocks making moves today?

morgan. okay, i got a hit on that license plate. registered to samuel douglas. head of crisis management with virtanen pharmaceuticals. - you familiar with anthony talbott? - should i be? - he's an investment blogger. no ethics or boundaries. he'd do anything to get an inside scoop, including violate our employees' right to privacy. - we wouldn't be talking if this had anything to do with just an employee. so what does he have on your boss? - douglas' boss is the gentleman in the car, mark lawson. - a recording he claims-- a conversation with a certain young lady that could be misconstrued. - an affair? who cares? - his wife. mr. lawson is in line to run virtanen. he already handles the day-to-day, but his father-in-law's still the ceo. what the old man doesn't know... - what's talbott asking? - $40,000. his cell phone number's in there. oh, and, uh, one more thing. - i'll get the recording. i don't need to know what's on it. - we appreciate your discretion, as always. - good afternoon, mr. t

morgan. - okay, i got a hit on that license plate. registered to samuel douglas. head of crisis management with virtanen pharmaceuticals. - you familiar with anthony talbott? - should i be? - he's an investment blogger. no ethics or boundaries. he'd do anything to get an inside scoop, including violate our employees' right to privacy. - we wouldn't be talking if this had anything to do with just an employee. so what does he have on your boss? - douglas' boss is the gentleman in the car, mark lawson. - a recording he claims-- a conversation with a certain young lady that could be misconstrued. - an affair? who cares? - his wife. mr. lawson is in line to run virtanen. he already handles the day-to-day, but his father-in-law's still the ceo. what the old man doesn't know... - what's talbott asking? - $40,000. his cell phone number's in there. oh, and, uh, one more thing. - i'll get the recording. i don't need to know what's on it. - we appreciate your discretion, as always. - good afternoon, mr.

and she shot officer morgan.nd they did escape. >> not wearing a bulletproof vest, officer morgan was killed. >> it was probably around about 9:30, quarter till 10:00. we were listening on the radio, which a whole lot wasn't coming over. we all started realizing there was something majorly wrong. i was shocked. usually we don't show our feelings here at work. but on that day on august 9th, we -- not too many people had control. >> hyatte and his wife, jennifer, were apprehended 36 hours later and charged with first-degree murder. >> when officer morgan left here that day with the inmate, never thought they wouldn't come back. but that's one thing that we do, our staff. they put their life on the line every day. >> anything can go on. ambushes can be set up. what happened to cotton, the unexpected, can really go down at any time. >> prison officials believe hyatte used a smuggled cell phone to orchestrate the deadly ambush. cell phones are now considered dangerous contraband at brushy mountain. >> this is somethin

that's all for the late edition...i'm morgan adsit...

financials like morgan stanley, goldman sachs, and bank of america were hardest hit. >>> in earnings after the bell, cisco rose on earnings that beat expectations. >>> in late trade, green mountain coffee plunged after missing estimates. >>> elsewhere, yet another toyota recall. this one more than half a million of various models worldwide. >>> working with the government to get more u.s. homes connected to broadband, cable companies will offer internet service for just $9.95 a month to households with children eligible for free lunches. >>> and finally, more evidence politics have gone digital. the hill reports herman cain's campaign anticipating internet searches on harassment allegations against him placed ads on google targeting likely words such as herman cain harassment or herman cain scandal. and the ad at the top of the search results for caintruth.com. >>> offseason tragedy strikes a major leaguer. a strange approach to offense on the ice. and more gyrations in the nba lockout. >>> plus, if you're going through pro basketball withdrawal, we've got last night's college highli

. >>> la comunidad de morgan hill sale a la calle para hacer un llamado de paz a tan sÓlo una semanaer necesarasesinada joven de 19 aÑos. >>> oakland u.... >>> quÉ tal, cÓmo estÁn en buenas tardes gracias por estar aquÍ en noticias univisiÓn 14 fin de semana, una multitud participÓ en una marcha por la paz en memoria de una adolescente que fue asesinada a raÍz tu una balacera en la ciudad de morgan hill beatriz tiene mÁs detalles. >>> buenas tardes ramÓn el menaje en contra de violencia fue claro al mismo tiempo que la familia de la vÍctimas estÁ recibiendo el apoyo la comunidad en momentos difÍciles para ellos. >>> en una jornada en morgan hill d se da desallorrÓ la marcha por la paz quededicada a menor cuando hombres armados dispararon contra un grupo de adolescentes que habÍa participado en una fiesta, tambiÉn resultaron lesionados otro 3 adolescentes que lograron sobrevivir. >>> el padre de la menor dijo que ella tenÍa la aspiraciÓn de ser una persona de Éxito en todo lo que hiciera, dijo que era buena estudiantes, por eso era tapo querida por la comunidad, dijo que tara no tenÍa

a 14-year-old girl from morgan hill was killed. two other 14-year-old girls from san jose were injured and remain in critical condition. the fourth victim, a 15-year-old boy, was treated and released from the hospital last night. police say the shooting is gang-related but do not believe any of the victims have any gang ties and none of them lived in the apartment complex on cosmo avenue and delmonty where the party was being held. >> we don't believe that they were targeting those four specifically. just that they happened to be in the wrong place at the wrong time. >> reporter: police say one of their officers spotted the suspect vehicle leaving the scene of the shooting, lost it, then spotted it again parked in front of another apartment complex about a mile and a half away from where the shooting happened. the car was empty so police surrounded the complex and eventually were able to arrest five suspects last night. police say they were also able to retrieve a handgun and also an assault weapon that may have been used in the sh

morgan plunging 6 percent, and morgan stanley, suffering big drops and accounting for the biggest losses in the dow jones industrial average but, also, the biggest point losers, agricultural equipment, caterpillar, which had had a stellar performance in the move october along with the broader stock market, the biggest losers today. and chevron fell as oil prices fell on the concerns in europe and ibm and united technology and being, the big point loser and to top it off the concerns in europe weaker than expected factory orders in the united states, and the u.k. and china also weighing in on investors' mind so we off to a very rough start to november. >>neil: and it is. thank you. don't say we dip warn you. remember that think about the trouble of greeks accepting gifts? we buying on all the wrong stuff and the wrong reasons. >> we have been reporting that a deal that looks like this would happen, some cuts from beens but it is murky and i would not buy the market on this. not yet. >>neil: the question is how much exposure u.s. companies have? the bank stocks slammed again today after th

morgan and bank of america creditors to m.f. global are saying our claims come ahead of the customers is that is that proper you know when you're involved in this sort of bankruptcy litigation everybody says that sort of stuff i think that there's some insurance on the accounts and there's some guarantees but if it turns out that the creditors have a superior claim to people who are opening accounts why the hell would i ever open an account with anyone again mattress sales are going to take up because that's going to become the new banks it's unthinkable that somehow an outside credal or is going to have a superior claim to. somebody who actually had their money with the brokerage firm in this case it's a combination of s.b.c. and commodities futures regulators who are supposed to be watching this look at the key takeaway from all of this is regulators can only do so much if someone is intent on stealing they're going to steal what you have to do as a regulator or a government is make sure that when these people get caught they'

global in america morgan j.p. morgan is now going to step in front of the allocated accounts of customers of m.f. global and actually steal money from their accounts we haven't seen this level of larceny and theft sense the nazis stall assets from people in germany in the thirty's and what they actually just went into their accounts and stole the money now j.p. morgan and others are just going into accounts allocated banking accounts at m.f. global and they're stealing your money this is outrageous this hasn't been done in decades but you have to hand it to them they have staying power the zombies these terrorists and there's no regulations in place that are there's no as you see with any teeth there's no at best say there's no serious fraud office there's no regulations at all interest rates are zero percent so expect more of the same put if there's no regulation at all and none of these bankers and into sions are being penalized by the system what does that mean does that mean that they are part of the system or

the deadly shooting in morgan hill. we now know that the young woman killed in that drive-by shooting was just a 14-year-old girl who was leaving a birthday party. the girl was with fellow party goers when gunmen shot her and three other teens before fleeing the scene. this morning, two 14-year-old girls are also in critical condition. a teenage boy was treated and released for a leg wound. officers were in the area and followed the getaway car for several blocks to another apartment building and arrested five suspects, including one who is under age. police say several of those suspects have records. >> all of them were known gang members. one is on probation with a gang clause. so they are known. >> morgan hill police say they know gangs are active in this neighborhood, so the department is going to step up patrols there with the assistance of the santa clara county sheriff as well. >>> in san jose -- and we did talk with members of tara romero fund. any donations would be greatly appreciated. clearly, families don't

. >> morgan has also noticed more students are coming to school and staying longer. right now the student retention rate is 72.9%. that's a 4.5% increase over last year. >> we have been reaching out to students and saying what can we do to assist. >> students will tell you that's helping more of them receive a diploma. >> i am seeing more graduate. i am a student athlete, and i know we graduated on our team. we had four girls. i'm seeing an increase among student athletes. >> and morgan is making room for what it expects to be a record year of growth. tim tooten, wbal-tv 11 news. >> stay tuned. there is much more ahead on "11 news saturday morning." >> i'm pete gilbert. coming up in sports, round one of the high school football >> the ravens made their way, time change and all that, a six-hour flight. they touched down last evening with what they hope will be the first of many touchdowns against the seahawks this weekend in seattle. a good bet the defense will have something to say about it. going after seahawks, go tell him about it. >> they are bringing that up. th

morgan and is reported to be one of the debtors along with j.p. morgan involved of the litigation trying to obtain superiority of their claims over customers whose money was taken last stolen by parties unknown for now that were close their balance sheet is owned by the federal reserve so they say oh bank of america wells with others caught their bank of america merrill lynch they're. just joined into the. with the federal reserve bank is just going to expand their balance sheet by however many trillions of requires to make whole these these unholy security but it's also max the case is here that because of their power in this mafia this syndicate this racket they're able to put these segregated account holders in a distressed position by being more powerful to be able to step in front of them in this chain of creditors standing in line at the trustees you know well that's true there was another leg to the massive manipulation scam of putting these people into a stress position similar to what they do in guantanamo bay and finally on this story je

and then here comes deadly must morgan. not only was he a character, but he instinctively knew how to take that new class of submarines and use it to its best in world war ii. that is who he was. dudley, like a lot of submariners paul was born far from salt water. most of his young years were spent in kentucky. his father grew up in the coal mining business. his father sent into miami this he and his teenage sun and teeeight were there were very rambunctious follows a high-school. and his mother was not able to handle those two teenage boys. so he went to live with his aunt and uncle in miami. it is fortunate, there were very well off and were very politically connected. it will to get him into a naval academy, a prep school. he did not have an especially distinguished career at the naval academy. he was a good athlete, world-class resler also a football player. wrestling is where he excelled. but he tended to rub his instructors and commanding officers the wrong way because he bought on his own and had a very active and cr

this is him here,, jesse morgan. ♪ >> hello.t sure as ain't johnny cash. ♪ with nobody to hold my hand and the beer i had for breakfast wasn't bad i had one more for the road my clothes were clingin' dirty shirts i was my face and combed my hair and went on down i smoked my brains the night before and i lit my first and watched [indistinct lyrics] across the empty street and they took me back to something that i lost somewhere along the way on a sunday morning sidewalk i'm wishing, lord, that i was stone there's something about a sunday that makes the body feel alone oh, there's nothing short of dyin' as lonely as a sound and it's sleeping on sity sidewalks and sunday morning coming down [indistinct lyrics] and a laughing little to thegirl -- little girl she was singing and i passed a sunday school and heard the songs they were singing a lonely bell was ringing and it echoed through the can yon like the disappearing dream of yesterday and on a sunday morning sidewalk i am 0 wishing, lord, i was stoneh there is something about th

joining us live from morgan hill. there will be a community meeting tonight, talking about this crime and what's going to happen in that neighborhood. >> jessica, hundreds are expected to attend with community officials and police. people here want to know how gang violence has made its way into this typically quiet community. >> everybody knows that there are. >> reporter: well aware of gangs in morgan hill, but she says her childhood best friend, tara romero was never part of the violence. the 14-year-old just happened to be at the wrong place at the wrong time on friday night. >> they don't deserve to have parole for what they did. because she wasn't part of anything. >> reporter: authorities say five suspects blindly shot at romero and her friends standing out an apartment complex, killing the high school freshman. sabala doesn't know why they opened fire. she just has heard the rumors. >> that some kids vandalized their car and they were looking for the kids and tara just happened to be at the wrong place at the