it's said that at one point, morgan locked them in while they argued over which firms to save. played solitaire at his desk until they made their decision. morgan had saved the day as a grateful nation acknowledged but the panic's costs were high. it affected banks, businesses and personal lives including that of a disgraced, distraught charles barney, who killed himself. ironically the knickerbocker trust was not a bad bank. it reopened five months later. the people who frantically lined up here got most of their money back. the nation's bankers faced two important realities. could they allow the power to save the banking system to remain in the hands of a j.p. morgan? the bankers turned to the federal government. they accepted the need for a central bank. the other important reality was that despite all its inherent instability the bankers wouldn't give up fractional-reserve banking. economic analyst richard gill explains why. why bankers wouldn't want to give up a fractional-reserve system is pretty obvious. they make money by lending. is this somehow sinful? hardly. if they

. >> protective custody inmates like morgan are locked in their cells 23 hours a day. to keep them from other inmates. >> at first it's claustrophobic being in a little cell 23 hours a day. but it's -- you know, after awhile you get used to it. what i miss most about freedom is just probably being able to be outside. i miss the sun. i probably miss that more than anything else. and fresh air. i mean, these places don't smell too good. >>> next on "lockup: raw" -- >> all of a sudden, the locks started rattling back and forth together, clacking. >> when a life sentence extends to the afterlife. >> i'm not a superstitious person. i believe everything has an explanation. you choose the salad. occasionally. but staying well - physically, financially, emotionally - its hard on your own. so cigna's got your back, and your knees, 24/7. cigna's there to answer your questions. or when you need some coaching. in sickness and in health, cigna's there, helping you to get well and stay well. that's having a partner, who's with you all the way. cigna. ♪ ♪ "here i am. rock you like a

morgan completes the paperwork and then escorts him towards segregation. a 23-hour a day lockup unit for inmates who violate prison rules. >> i was taking him to north segregation to lock him up in our seg unit. >> [ bleep ], man. >> when the inmate turns on him, morgan tightens his grip. but the situation would soon get much more intense. >> that's when he tried to pull away from me and turn around on me. >> [ bleep ] >> you grabbing on my -- >> that's whenever i secured him to the ground until i could get more security help. >> [ bleep ] >> no, no, no. >> no, no, no. >> [ bleep ] >> i'm going to walk. on my momma, i'm going to walk. >> no, you ain't walking. >> those particular charges i charged him with insolence, disobeying correct order, assault, he attempted to spit on me as well as turn around on me. he'll go to an adjustment committee, which is a hearing, a panel of hearing officers, and he will plead his case against my disciplinary report that i give him. and they will do whatever is just. >> while this inmate received an extended term in segregation, combative inmates always risk suffering physical consequences as well. if extreme violence breaks out, these

but the handcuff of locking in for eight years, brokers at morgan stanley are saying that's longer thanhe other firms. morgan stanley says it's bringing them in line with some of the other ones. liz: eight years? i don't know what's happening next tuesday. >> i will say -- okay, you want to go to merrill? that's fine. merrill has got its own problems. you talk to the brokers at merrill, working at a bank, for a bank where you've got to sell the crummy bank products is not a walk in the park. a lot of brokers at merrill are rebelling. and ubs is a small brokerage firm in the middle of an investment bank that's whittling down. the grass is greener on the other side. we'll see if it leads to it. i can't see brokers at morgan stanley moving to merrill, which is owned by bank of america, where they have to sell like the-- >> how about this? be grateful for the job. a little bit of that. >> clearly, there's something going on besides morgan stanley. we don't want to make light of it. the brokers there are up in arms. it's a big issue internally. >> we should point out that greg fleming runs t

locked up the whole time. >> fearing for his safety, morgan asked to be placed in the protective custody unit at anamosa. >> at first it's kind of claustrophobic being in a little cell 23 hours a day, but it's -- you know, after a while you get used to it. i've seen people lose their minds in these little cells. what i miss most about freedom is just probably being able to be outside. i miss the sun. i haven't felt the sun on me for -- since 2001 now. for me, i've got to hope that somehow or another truth will prevail in the end and my convictions will be overturned. otherwise, i'm probably sitting in a little cell for the rest of my life. >> spending days, months, and years living in a cramped room the size of a closet can take its toll on any prisoner. >> a claustrophobic dude couldn't live in here. he'd freak out. man, at first, i ain't going to lie. i come over here and i was like, you know, man, i can do that and not even extend my arm. >> my bed is six feet long. there's a couple of inches at that end of the bed and there is this space here, a couple of feet where the toilet and the sink. so it's prob

locked into this pattern. we are looking at temperatures one again in the 70s with perhaps a few records down by santa cruz. 78 morgann bay with 74 oakland, 77 santa rosa. in the east bay 74 for concord and the look ahead, a couple degrees cooler tomorrow for the holiday. and that modest cooling trend continues through midweek and then we warm back up into the end of next week. so yeah, dry, dry dry. >> all right. and all youth as you say. that's going to do it for us. thank you for joining us on the abc7 sunday morning news. i'm carolyn tyler along with lisa argen. the news continues now online, on twitter facebook and on all your mobile devices with our abc7 news app. abc7 news continues at 9:00. "good morning america" is up next. have a well, i drove grandpa to speed dating this week, so i should probably get the last roll. dad, but i practiced my bassoon. and i listened. i can do this. everyone deserves ooey gooey pillsbury cinnamon rolls. make the weekend pop! guess what goes really well with eggs? pillsbury grands biscuits. make breakfast even better. grands biscuits. make breakfast pop.re >>> good morning, ame

lock at timesaver traffic -- look at timesaver traffic. the drive right now, well, drive and ride, we still got metro rail residual delays. blue and silver line impacted because of that earlier problem near morganlevard. so word of caution there for the extra time it takes. southbound side of 295 bw parkway, impact for you. brand new crash inside the beltway. southbound close to 410 between the beltway and 410 river dale. squeezing by single file on the right with new delays coming out of greenbelt. volume for 395 northbound focused north of edsall road just past duke street. making the focal point of delays as you head north of the beltway on president 5. back -- 395. back to you. there's a push in the virginia house to prohibit state agencies from asking potential employees if they've ever been arrested, charged or convicted of a crime. >> nick giovanni is live in the newsroom with that and more this morning. good morning nick. >> mike, good morning, let's start with a crime this morning the fbi is still investigating the cyber attack at anthem ink. they operate of course bluecross/blueshield plans among others in more than a dozen states. last week the company discovered hackers accessed as