worry about morgan.u should be worried about." >> but morgan, it appeared, was doing just fine. the couple owned a landscaping business and monday morning morgan showed up to meet the crews and told them she was now in charge. an employee recalls she had the garage looking spotless. >> there's always oil traps on the ground. this day, you could have ate off this floor. >> but this was new, too, as al went about his monday landscaping jobs, he noticed morgan, the boss' wife, flirting with a 21-year-old employee named steve shappell. >> morgan looks at me and says, steve wonders what color of underwear i have on and steve says, yes, pink with black stripes. right off the bat. >> and when al had a question about an assignment -- >> i would call morgan and steve's there. steve's answering her phone. >> why was this kid who mowed lawns and was barely old enough to buy a beer suddenly acting like the must man in charge? kevin's sister michelle remembered him as a quiet, unassuming young guy who had done some w

morgan's defense. oh they're not really going to try to put going out of business we have to trust jamie diamond to go he's an inveterate liar we just we talk about the show for years but every single day so it comes out of his mouth was a lie he's more just to us than the frickin royal family and he says he's not going to attack brooke because why would we give this guy the time of day we already know he's a frickin liar so if course he's going to try to go on using patent laws the same way that the recording industry tried to attack people engaging in their fair use constitutional right to copy intellectual property to put those people in jail or the case of christe out of the n.b.a. chase aaron swartz to death he's a murderer it's always the banking industry so jamie diamond shows john course on jamie diamond good job of course i would that if they didn't pay back that loan that he. hooked up with m.f. global the guys whacker these are mobster these are schmuck well you know patents are the same thi

morgan last week in one sense because there is no fine. if you are speeding on the highway the cop pulls you over and you know what he says there and slow down he doesn't say and here is your ticket there's no monetary penalty for. fines if you bring that's right in fact in fact if you don't like what the regulator says you can have judicial review you can say you know i wasn't really doing this let's let's talk about this now there are some proxy there are some indirect ways that we can see the new york city tax collectors the controller every january or february i think releases the wall street bonuses it is why they do that those bonuses should go down at least for the f.d.i.c back banks i mean j.p. morgan back to america citi corp goldman sachs and so forth those numbers should go down if they don't you know the london whale desk had about three or four guys all of which got paid ten million dollars or more that's not the market making that is prop trading that is gambling with with the deposits of j.p. morgan of their clients now the

>> eric holder's doj sued jp morgan chase because jp morgan chase bought country wide. country wide sold mortgages to investor that's lost money because it has not revealed a full extent of what it's selling. so jp morgan chase says we give up, we give up. how much money do you want from us? we have to get on with our lives and we want $13 million. mr. attorney general are you going to give it to people country wide took money from? oh, no. we're going to give it to us us treasury and treasury of the state. we're going to give it to some consumer lending organizations so they can make loans to low income people. and we're going to give to it some political organizations. jp morgan chase says just get off our backs this is an utter per version of justice for the federal government to extort billions from the second largest bank in the united states and give ate way to the president's political friendand favorite political causes. >> you heard about the group neighbor works america going to provide housing, counselling, foreclosure prevention to people. then, they say tha

morgan stanley is still my top pick. the volcker rule is not a game-changer for morgan stanley. so i can't say i've gone through the new volcker rule, all of the details. i'm not sure exactly what's in there. having said that, i'm not the least bit worried about morgan stanley hasn't adjusted. in their fixed income trading business, morgan stanley's risk is one-fourth what it used to be at the time of the crisis. the assets in that area are one-third less, and the revenues as a percent of total are one-half less. so they've already downsized and contained their fixed income trading. they've gotten rid of the proprietary-like activities, so as it relates to morgan stanley, perhaps the rid of the uncertainty to getting the final volcker rule can still be a positive catalyst. so i still like morgan stanley as much as any time, and if anything, i mean, retail investors are a little more engaged. the stock market is a little higher. and don't forget that this evolution of morgan stanley, one-half of the company is in wealth management, in the brokerage business, and they're still tra

if some crisis hits that would hit jp morgan, what would -- it would also hit bank of america or citi group, and then they would step into save those entities or that market. >> you know, there have been so many regulations, dob frank and all that and the local rule slapped onto the banks to make them safer and stronger in the case of a financial crisis. you said everything is not done yet. what else do you think needs to be fixed? is the most important thing that yet should be done? >> they have done good things th vocal roles, a lot stronger than when it came on the scene, when it was first proposed. i think what they haven't done is solved too big to fail. they haven't gotten leverage requirements right. we don't have adequate capitol requirements for the largest banks, and we don't have any sort of credible resolution authority, and that's the big central question. so -- and the final issue is that we don't have adequate enforcement. we have criminal violations at jp morgan allegedly, but they are about to admit it for the madoff scandal and yet, not a single person seems to have

morgan what more do you have? >> in fact richelle i'm standing in the home of a witness, ray martin, who was actually sleeping when the crash happened. can you tell us what you heard. >> i watt was asleep when i heaa loud boom sound that reverberated and then this was dead silence and then i thought it was something i was dreaming. a few minutes later i received a text message from a neighbor telling me to look out the window. >> this is what you saw. as you can see richelle this is the first car of the train. it's literally feet away from the harlem river. it turned on it's side. witnesses tell us it's this curve the railroad tracks that the train was coming around. they say it was speeding it turned the first car to turnover and then caused the second and third car of the train to turn on it's side. what you see here rus richelle. >> morgan the angle you have is amazing and shows how close to the water it came. some of the victims ended up in the water although the train car itself did not this is not the first

morgan and goldman sachs and that is becoming. as you wipe out the low cost victims of financial terrorism by h.s.b.c. and barclay's and j.p. morgan you're going to have to start targeting people more in your own country to see what's happening in the u.k. or the u.s. financial terrorism like we saw r.b.s. the world bank of scotland a couple down a southport were financially terrorized by osborne cameron and royal bank of scotland and that's the point that's the dirty war the dirty wars it's dirty money it's dirty money war so that's why the film at the end of the day lacked a lot of it because it failed to get into the real dirty financial aspect of what these mass extrajudicial murders it's all about the money you know it to think that it's about some kind of a moral deficiency by some group of people is to not understand that sense more ality doesn't trade on the new york stock exchange there is no morality there never will be more reality and so you can't even start from a place of morality you have to start from a place of su

morgan. nepotism especially in china now that's according to new documents on earth and published in the new york times we're going to tell you all about it coming right up and one of the sexiest metals known to man is behind some of the most criminal behavior the world has ever seen it's a complex thing and the best selling author matthew heart knows a thing or two about it he joins me to discuss his new book aptly titled gold and finally in today's big deal rachel courteous and i talk about the state battle for boeing and i'm not talking about archery not not you won't want to miss it and it all starts right now. our lead story today j.p. morgan the bank is dominating headlines yet again and no not this time for paying exorbitant fines to the federal government or for jamie diamond's after our sit downs with eric holder but for now protests nepotism now over the past couple months the new york times has run a series of stories exposing j.p. morgan's practice of hiring the children of china'

morgan. is nepotism especially in china now that's according to new documents on earth and published in the new york times we're going to tell you all about it coming right up and one of the sexiest metals known to man is behind some of the most criminal behavior the world has ever seen it's a complex thing and the best selling author matthew heart knows a thing or two about it he joins me to discuss his new book aptly titled bold and finally in today's big deal rachel courteous and i talk about the state battle for boeing and i'm not talking about archery not you won't want to miss it and it all starts right now. our lead story today j.p. morgan the bank is dominating headlines yet again and no not this time for paying exorbitant fines to the federal government or for jamie diamond's after our sit downs with eric holder but for now protests nepotism now over the past couple months the new york times has run a series of stories exposing j.p. morgan's practice of hiring the children of china's

morgan, give us a taste what this was like to be around the family.ell us how the family is doing. take it from there. >> reporter: good afternoon, richelle. yes, it was a very powerful ceremony today. i believe i was the only press person inside. there was only 200 of us outside the tent with the seating they had for us. it was very, very powerful. you had military planes flying overhead and shots fired in honor of nelson mandela. where it hit home with me was watching the young immediate men of the family line up behind the casket and you watched them walk their grandfather to his grave. i admit, that's when it really hit home for me what was happening. they revealed the tomb stone and had kind words on the tombstone, and there were so many foreign dignitaries there and people who just had incredible stories to share about nelson mandela and the legacy he left not only to the world but to them personally. in the building was idrie elba, oprah winfrey, prince charles, richard branson. it was an incredibly powerful ceremony where the family shed tears

peter morgan who wrote the script is famous on this. and this is the way basically it all started and he asked me questions in vienna before he started the script and then he always said to me "it's going to be a hollywood movie. you tell me but i'm responsible for the outcome." and i have to say he did it very accurate what i told him not to make a hollywood movie. you really stick to the facts of life. >> rose: behe had a lot of -- he had right there in the real story a great story. he didn't have to make anything up. >> no, it's very accurate. i was amazed because i never saw the movie when it was built. they only showed me some short -- showed four things when he wrote something in his home. t when the movie was out it was the first time i saw it. >> rose: so what's the status of formula 1 today? >> status of formula 1 today is still going up. grand prix now in the state it's going to be more known. >> rose: austin, texas. >> austin, texas. but formula 1, worldwide coverage is incredible today and the races are televised so it's doi

morgan radford. what else do you have? >> richelle i'm balking down the steps trying to get a closer view of what exactly is going on. i am seeing a growing number of injuries and i want to get to the bottom of this to see how many fatalities and injuries we are getting conflicting reports. we are seeing camera crews and ambulances under you can see the helicopters buzzing in the background and i will bring you back the latest information and hopefully a clearer view on what is happening on the scene. ry shell. >> thanthank you morgan. >> the numbers we got from the fire department 63 people injured and 11 critically. as morgan said that number could be different. >> the term they used "the walking wounded". there may be people that walked themselves to get treatment at the hospital they don't know how many people were injured and there may have been people not seriously injured and decided to get treatment someplace else. >> they don't know how many people were on the train. that is the number they are trying to nail down

morgan chase wall street's biggest bank has been hiring the children of china's ruling elite in order to secure existing a potential business opportunities from chinese government run companies according to internal e-mails released as part of this investigation one e-mail said quote you all know i have always been a big believer of the sons and daughters program says one j.p. morgan executive in an e-mail because quote it almost has a linear relationship to winning assignments to advice chinese companies. because j.p. morgan back in the news is always committing some kind of fraud or malfeasance or this is what happens when interest rates are low they kept artificially cheap. it's like if you have cancer and you're eating foods that help grow the cancer i forget which would say an agenda of course. if you eat carcinogenic foods or a limb maybe next door to. radioactivity you might get some poisonous radioactivity and when you keep interest rates cheap as they do at the federal reserve bank or mark carney here in the bank of england you spawn cancer of cancerous incestuous ball becaus

morgan radford has been reporting from the scene and morgan, tell me about this advantage point that you have been able to get. >> richelle, i'm literally crouched inside of the window of this woman's apartment. she has an incredible view you will not see anywhere else. i'm going to ask our photographer zoom in here you see the train turned over. this is the first car it appears. you can see the fire car gathering, i'm not sure if they are around something rite now. >> you can see inside of the door of the train. you can see how close to the river. this train hit this curve too quickly and the first car derailed and caused the second and third car to tip over. you are getting numbers that are updated on fat fatalities and injuries right here. >> morgan did she hear this or see this? tell me more about what her witness account is. right. >> right, she allowed us inside of her home. she heard something and thought it was a plane crash. she declined to be on camera right now. she was nice enough to let me in her home and give us this astonishing view for al jazeera america. >> that is p

. >> morgan spurlock? >> yeah.o what i want to find out is how hard is it to get one of these jobs? are there not enough americans to fill these jobs? >> so you're looking at citrus harvesting? >> correct. and why aren't there, if that is the case? why do we have to get visa workers from mexico to do these jobs if there's so many jobs in the united states? so how many jobs in citrus per calendar years do you have? >> last year, we had about 7,000 different job openings. >> wow. and these jobs are open to americans? >> absolutely. >> how many came in and applied for those? >> actually, about 1,500 came in and applied for those. out of those, 336 were hired. >> how many of those stay? >> technically, 5% overall are the ones that actually stay. >> 5% out of 336. i mean, that's like 15, 16 people. 16 people for 7,000 jobs. and so then who takes those jobs? >> they usually come from outside the united states then. >> right. i just can't believe only 5%. that's incredible. >> this may be part of the reason why. the worke

a blood clot inside morgan's skull. a surgery saves her life. 1 out of every 10 diagnoses you receive from a doctor may be wrong. like morgan's parents you should trust your instincts. if a diagnosis doesn't sound right to you, get a second opinion. at number 11, transfusion confusion. blake oliver feels sharp pain in his stomach. he goes to the hospital. he needs surgery and a blood transfusion. the new blood has to match his blood. >> some people are o type blood. some people are a type blood. some people are b type blood. you can't transfuse the different types of blood into each other because your body interprets it as an invading bacteria. >> to know blake's blood type his blood needs to be drawn and tested. instead a mistake is made and all that testing is done on blake's hospital roommate. >> the roommate's blood being a-positive was labeled blake oliver and given to him transfused. >> the a-type blood mixes with blake's o-type blood. >> it can cause the blood cells to rupture. and when they rupture they can clog

morgan, goldman sachs, morgan stanley, to a lesser degree, and citigroup would be affected. and virtually all the other banks in the united states would not be affected. if, however, they choose to put something in there concerning hedging then the top 100 banks in the united states would be affected and would be affected pretty negatively. >> so explain to us that aspect of hedging because there has been a lot of complaints about that. how does that put these banks at a disadvantage? >> well, it doesn't put the banks at a disadvantage, it puts the customers at a disadvantage. it basically takes away from the customer the ability to lock in an interest rate or to lock in what the cost of a foreign exchange transaction would be. and therefore, it causes less activity in the banking industry, and it causes less trading. but remember, the person who gets impacted by this most is not the bank. it is the person who does business with the bank. >> i was speaking last week with one top banker who said that we like to carry in our inventory lots of stocks, lots of bonds because that

support firm is suing the c f p b for requesting their client's sensitive personal financial data morgan jackson claims that giving this data to the c f t v what have violated state bars laws they want information about bankruptcy services that are bankruptcy lawyers who are providing to their bankruptcy clients and we said well that's protected by the attorney client privilege and they took the position that they could just take it without regard of the privilege i was a big problem for us and we refused to produce that information a month later the c.f.p. launched a suit against morgan directs in saying the company made misleading claims about its debt relief services to consumers c f p b director richard cordray said the company took advantage of people who were struggling the company charged consumers a legal fees and deceived them about the services provided but morgan jackson thinks the c.f.e. be a suit was motivated by revenge we tried to cooperate with them but it was it became clear to us at some point that they just they were on a mission to simply put us out of business morgan

morgan that are now eating up.

morgan the bank is dominating headlines yet again no not this time for paying exorbitant fines to the federal government or for jamie diamond's after our sit downs with eric holder but for nepotism nepotism now over the past couple months the new york times has run a series of stories exposing j.p. morgan's practice of hiring the children of china's crim in order to secure business from the chinese government now the exercise was something of a quote open secret at the bank and violates several american laws federal authorities have obtained confidential documents that shed new light on the bank's decision to hire the children of china's ruling elite and the documents are actually pretty funny true story now the new york times writes the documents include spreadsheets that lists the bank's track record for converting hires into business deals and offer the most detailed account yet of j.p. morgan's sons and daughters hiring program was actually called sons and daughters are in program now one of the more entertaining exchanges that's detailed it comes from the records and it comes fro

morgan radford live on the scene. speaking of the investigation we do know that the ntsb should be arriving any moment now on the scene of this investigation. the train that you see here arriving originating at poughkeepsie new york to grand central station. what else can you add. what does the scene look look now several hours after the fact? we know it's going to be an active scene again soon when ntsb has arrived. for a lot of the press they are not looking at as good a view as more gamorgan has now. we were pushed up the hill where we were earlier. i'm told that the ntsb has moved in and they are investigating it. it's their investigation now we have been told by dcpi. also we are told that there will likely be another press conference and update in about 30 minutes. we are going to be bringing the details to you on that. most of the media are congregated up on the hill here waiting for more updates. we have received several updates this morning. the other thing is that i'm also being told that the four fatalities

before i can even celebrate -- >> you almost done, morgan?-- eric the foreman is back pushing me to get down. the third one is half done. how much longer we have left? >> another hour and a half. >> okay. so tired i'm missing my own bag. i don't feel it in my leg, but right in my lower back and my forearms from this repetitive motion. one of the workers asked me what do you think it would take for an american to come out here and do this job? i think it would take like $30 an hour. guaranteed. like, not even based on the buckets they get. and then when you go to the grocery store, your orange juice would cost $12. because after being here, i tell you what, i don't think most of you would do this job. that's the fact. it sounds like it's time to go. so i wouldn't get paid for this one today. because it's not full. oh, man. so now if you look what i made today, i only finished three bins. $28.50. $2.85 an hour over ten hours. >> well, morgan, time to go. >> that's like 3 2/3. >> so was it easy? >> absolutely not. it was even harder than i thoug

queremos agrader a to esa gente que maneja sde oaan s francisco nagilroy, livermore, sunnyvale y morganfinanciart lláno a capitol expressway ford. >> si actualmente maneja un vehículo fo, ni yota, chrysl, honda o general tors está estdo con un pago menal dsuro esongauc atención porq tenos importante información para usted que dr bajarle los gomeua o hasta nerloen un nuo carr paveriar cuáusd puede orr, lme al número que aparece en panlla, presentantes almente cacita abajarán para darle s jores opcion opones queyen desde entregca r diro oimemente su carro al por uno completamente evo. noe quede atrado con altos gos mensleso n caos sin gar desel jo de maneel carro que d sua n gos al alcance su presupst ahorrar dinero eestotiems n difícile es más importante e nu y hoy ted tie la opc para ayur a bajar los s mensualede scarr autopaymsoluons para una clta gratis. noiene na e peer si muchoue gan. no espere s, llamada es gratis desde alquier ciudad de estad unidos. >> as,ienvenidos a pil expressway for yooy nellyastillo y tas cebrando elvento sueña en grande, reerda, tráes tu vehículo porque te

i'm morgan radford. we begin with breaking news out of russia where a suicide bomb attack killed at least 15 people. 27 others are injured. the blast saw through a train vasion in a southern city of volgergrad. these are the latest pictures. a female suicide bomber detonated the explosives as she walked through the metal detectors. there's no claim of responsibility for the attack. russia has bund a height end state of alert ahead of winter games in february. we'll have a live report in a few moments. >> israel has fired a barrage of artillery shells across the border into lebanon after rockets from fired from lebanon were fired into israel. no one was injured. tensions on the border are high after an israeli soldier killed a lebanon soldier earlier. >> the new report by the "new york times" is that the benghazi bombing was not at the handof al qaeda. since the attack some republicans argued not only that al qaeda was behind it but obama administration covered up the connection. the report says that inst

thanks so much for >>> this is a "piers morgan live" losing it, america's fat obsession.he weight of the nation bursting at the seems and estimated 19 million americans are now obese. it's taking a heavy toll on lives and health costs. what who is to blame and who to be done? the answers and solutions that should work. in tonight's special report, "losing it, america's fat obsession." >>> good evening. you may not like counting calories but the numbers are tough to swallow. 17 million adults and 12.5

let me bring in my colleague morgan ratford. lived and talks -- i did not know this, in south africa. morgan, what are your thoughts in. >> there was in 2010, i was there as a full right and i taught at the university in turban. i was also living in johan news burg during the time of the world cup. offs friend of the mandela family, and as greg mentioned this is a very interesting time for this to be happening in south africa. as greg mentioned the anc is going through a very tumultuous period. and mandela was their symbol of hope. >> a lot to ask you, but i believe the secretary of united nations is talking about the passing of nelson mandela. >> aspirations of the united nations. he shows what is possible for our world, and we didn't within each one of us, if we believe, a three man work together for justice and humanity. he is more decisive, in dismantling the system of apartheid. he marched from detention without rancor. i was privileged to meet nelson mandela in february 2009. he insisted the credit belonged to others. i wi

morgan j.p. morgan makes the soprano's bankers get gunned down while you're cheering on the likes of tony soprano this is a great cross media opportunity even high that the staff full the christmas party for those will street bankers we're going to pick up. oh well i'm going to stick to my. theme i think for christmas dinner for the banks there's again he have to give them a visual reference of what happens when a ducks like them are plucking the world economy their livers get extended in fat to the point where they must be harvested so twenty fourteen over the year that the world harvest the bankers liver they take all that money that's been stuffed down their goal it and they break it up like a pin yada and all that money is distributed to those who have been screwed and plucked in abuses by these horrible banks or so twenty fourteen is the year of the banker pin yada everyone should get a big stick and prepare themselves for this i've got a lot of talk going into that what's going to be inside

the justice department and jp morgan chase are expected to sign a $13 billion deal. >> jon: i know whatre thinking $13 billion that's like make john carter 52 times. [ laughter ] how is jp morgan going to come up with that kind of scratch. >> they earned over $20 billion last year so the $13 billion is affordable for them. [laughter] >> jon: was that dude staring at you guys, too? [laughter] all right. so let me see if i get. this let me do the math. it's costing them 52 john carters but they earned enough to make 80 john carters. money was so much easier top comprehend before we moved to a job carter based financial system. [laughter] here is another marker that distinguishes people from corporations. >> under the terms of the settlement ubs did not admit any wrongdoing. >> goldman admitted no wrongdoing in the process. >> jp morgan will not admit wrongdoing per se. >> jon: so if you didn't do anything wrong per se is the $13 billion a gift? a down payment, a tip, i didn't do anything wrong but you are a hell of a government there here is a little something. hey, hey, nice fraud case.