. >> i never gave instructions to misuse customer funds or at ms global. >> greta: billion dollars vanished in thin air. the senator is trying to get to the bottom of it. a senator goes on the record but first there is no doubt in his mind, newt gingrich says this. >> they try to knock you down. we work very hard to be front runners. why are they picking on me now that i am the front-runner. >> greta: just how close are the numbers? we have news out of iowa. a new poll shows big changes, congressman ron paul is closing in on the speaker. it gingrich's lead has been shaved to one point. he still leads by a wide margin. political analyst joins us. how is it to be the front-runner sort of. >> they have lasted a few weeks. they started to sink. one wonders if this one poll, it's one of only three polls that is showing this suggests that mr. gingrich's position is slipping. >> greta: it shows how confusing this is. you take this poll that came out where 22% and 21% for the pal. national poll newt gingrich, "wall street journal," nbc news, 40%, romney at 23% and way down at the bottom is paul is

. >> roughly a billion in customer cash is missing after the collapse of ms global. one-time nejersey governor and former u.s. senator john corzine. president obama's reelectionn campaign and democratic national committee returned donations from corzine and his wife. he was among the president's top fundraisers and records released by the obama campaign and showed that he raised 500,000 for the president's reelection since april. ms global filed for bankruptcy after making bad bets on european debts. >> there is a key area for international commerce. it is sending dozens of ships in the straight of verhorr muzz. they are meant to demonstrate iran's defense capabilities. iran is facing deproge - growwing international pressure. >> police were on the trail and a hot one of that of a hot murder suspect that was not going to give up quick a fast history moving and dangerous pursuit. this is one of two intense car chases. should you expect any wicked winter weather to stall yourr holiday plans? we have yourr forecast next. ♪ 'cause all i want this season ♪ ♪ is something

americans are out of jobbs and 200,000, are from wall street like hsbc and bank of america and ms globall are jobs that will not get refill these are white collar american worker that could use the jobs. now we'll flood it and take the highest paying jobs and put more competition. >> shouldn't we favor american workers over foreign. >> american companies would find it easier to go find an american worker. if people from wall street were qualified they would be hired. high technology is competitive industry. if they can't get the skills here, that will be taken over seas and not good for us and our economy. >> mark, what do you think? >> this is t fox news channel and should never give preferences. but ghive preferences i am a foreign decent on an application. this is ridiculous. look what we are saying, 15-20 percent of our population is out of work or underemployed or given up lookking for work and turn and say i am greekk or rushhian. i should get the job over the american. i have nothing against immigration or hiring people based on skills, come on, guys, take care of our own first. >>

core sign subpoenaed to appear on capitol hill to discuss his role as ceo of ms global. regulators are investigating the disappearance of anest maid $1.2 billion from customer accounts. >>> struggling homeowners getting an early christmas present. several large mortgage lenders including fannie mae and freddiemac are promising not to foreclose on delinquent borrowers through the christmas season. the economy still enjoying a holiday shopping spree in consumer. shoppers spent nearly $6 billion online from monday through friday last week and that was another record. on cyber monday itself sales reached $1.25 billion the biggest shopping day in history. online sales tuesday and wednesday also broke a billion dollars. what seems to be the biggest draw yet again this year is free shipping. more sites are offering it. >>> is it me or are we using the word billion a lot more than we used to? >>> 4:42. three homeless veterans who are also loving mothers have a new place to lay their head. >>> we'll bring you that story when 9news now returns in less than two minutes. merry chris

. >> jon corzine the governor from new jersey whose bets on european market destroyed ms global and heree a month after the bankruptcy and billion dollars appears to be missing from client funds. he needs to explain where the money went. he needs to tell us what he knows. >> about regulation, jane? >> it doesn't work. >> if you have your own hit or miss, please send it to us. visit on the web. that is it for this edition of the journal editorial report. i'm paul gigot. hope to see you right here next week.

. >>> and ms global led by jon corzine filed for chapter 11 after making a disaster on european debtand investors keeping an eye on the debt even after the european union said all but one of the member countries are open to a new deal to tighten controls on spending and britain is the lone holdout. >> europe's debt crisis is far from over as markets still await a solid solution to the problem and moody's is not convinced and is reconsidering the credit rating of all european nations and this is as we enter the election year when the onomy will surely take center stage and in new york, brenda buttner, fox news. >> and it's nice to look back but overall, we had two weather- wise. >> yeah. >> not here. >> yeah. >> and had that one bad storm last week, car-ma-geddon. >> last year. >> and that is -- >> you said last week. >> pardon me. >> and getting the holiday sweep. part of the problem. >> and that is the way it is. will have been a nice day. >> and that is out of here now and tomorrow, the sun returns and blustering and blowing and some wind gusts tomorrow. tomorrow afternoon and even

on monday, october 24, rating agencies began to cut ms global's ratings. at mf global announced its quarterly earnings on october october 25. the announcement revealed that mf global had lost $191.6 million in the quarter that ended september 30. in light of the attention that has been given to rtm's and the reports that attributed mf global's loss to rtm's involving european debt securities is important to note that the loss was not and i repeat, not related to those positions, as i have explained in my written statement. the lion's share of the quarterly loss was a write-off of approximately $119.4 million that related to tax losses accumulated largely in the years before i arrived. shortly following the earnings announcement and rating downgrade, some clients and counterparties which are their business from the firm. others required increased margins. the firms stocks traded at sharply higher volumes and lower prices. despite her best efforts to sell assets and generate liquidity, the marketplace lost confidence in the firm. obviously on the forefront of

anticipated fire of his expected appearance, a report in the "wall street journal" says corzine and ms globaln europe's sovereign debt was too risky. global's exposure blah loaned to $6.3 billion just before the company declared bankruptcy in late october and hundreds of millions of dollars in customer funds went missing. money that remains unaccounted for today. in other mf global developments it has come to life former president clinton's advisory firm was paid $50,000 a month to advice corzine on improving his image at mf global. the contract was ended after corzine re-signed. megyn: we are getting conflicting information on whether they did vote to issue that subpoena or we are still waiting on it. we apologize. thank you, sir. midday trading fluctuating as standard and poor's -- treasury secretary tim geithner tours the continent trying to reassure europeans of america's promise to help and urging europeans to reach a deal. >> reporter: secretary geithner hopscotching across europe. he's stepping up lobbying them to fix the european debt crisis before it spreads across the continent and

. >> jon corzine the governor from new jersey whose bets on european market destroyed ms global and herenkruptcy and billion dollars appears to be missing from client funds. he needs to explain where the money went. he needs to tell us what he knows. >> about regulation, jane? >> it doesn't work. >> if you have your own hit or miss, please send it to us. visit on the web. that is it for this edition of the journal editorial report. i'm paul gigot. hope to see you right here next week. >>>. >> with a kind of journalism is that? >> barney frank announces his retirement and the media can't help themselves from putting him on a pedastal with glowing tribute. tim tebow scores touchdowns on the field but is losing it with the press over public praying. are the media tackling him too hard? a "new york times" writer makes a comparison between the ku klux klan and the tea party. >> as we continue with the fire alarm.... >> unexpected interruptions while delivering the news. >> on the panel this week, writer and fox news contributor, judith miller. cal thomas, jim pinkerton and kirsten powers. fox

reelection campaign and dnc returning more than $70,000 in contributions from jon corzine, former ceo of ms globalvestigation into the investment firm's collapse. >> self-proclaimed toughest sheriff, preventing arresting people based on they are illegal immigrants. >> only few members of the last brigade are back from iraq. about 200 soldiers arrived at fort hood just in time for christmas. nice. >> kelly: maybe the last shopping day before christmas but for nearly half of all americans, the race to finish their shopping is just beginning. that is right. experts say last minute spending is welcome news for hundreds of retailers out there. casey stegall has been falling this. he a live at the grove. i see things have not changed. there is steady flow of people out there. >> a lot of people out there trying to get the perfect something as we go before the holiday. about 37 million americans had not started a single bit of their christmas shopping as of just two weeks ago. can you believe that? and that is the stores rely on the procrastinators to selling putting out some cash in the final push. numb

former new jersey senator was head of ms global shortly before the investment company collapse enteredctober. firm invested heavily in european government debt. now someone.2 billion dollar of the customer money is missing. unlike ceo of other giants they didn't impose the fifth amendment but still unable to account for the money. >> i simply do not know where the money is or why the account have not been reconciled today. >>reporter: pe apologiesed to investors and blamed his predecessor for making bad financial decisions. fbi is investigate the customer money to shore up the financial situation which is a violation of federal security rules. >>> still ahead tonight. moment a huge wind turbine catches fire. what caused this to burst in flames. >>> plus dog. lottery. and the chance to scoop autopsy >>> plus dog. lottery. and the chance to scoop autopsy fortune. stay with us [ male announcer ] citibank's new app for ipad makes it easy for anne to view her finances from anywhere. like gate d12 for the next three hours. citibank for ipad. easier banking. standard at citibank. is as easy a

we will also talk about ms global and some of the earlier testimony this month -- mf global. it is thursday morning, a couple of days before christmas. for what is happening on capitol hill, jobless numbers, and other stories from the c-span radio studios, which carries this program every morning. >> yes, jobless numbers this hour from the labor department showed a number of people applying for the benefits dropped last week to the lowest level since april of 2008. extending a downward trend shows the job market strengthening. the average has decreased in 11 of the past 13 weeks. the commerce department reports the u.s. economy grew more slowly in the summer than previously thought because consumers spent less than reported in initial estimates. economists expect growth in the current quarter to be stronger. an update on the pakistani troops killed last month near the afghan border. the pentagon report released today says u.s. forces "acted in self-defense and with appropriate force after being fired upon, based upon the information to them at the time." the investigation als

october 31 if governor corzine was well aware of loans that ms global had me go to other mf global affiliate's, is that correct? >> i am reporting back to you everything that i know was told to me. i wasn't there, but in our interviews with our employees, our employee told us they were on a phone conversation with this particular person that mr. corzine was aware of the loans were being made. >> did that employees indicate which global affiliate's the customer segregated account funds were transferred to? >> not to my knowledge. i believe what they were trying if i recall the e-mail it was something of 175 million-dollar loan that was made to ray european affiliate of mf global if i'm understanding correctly. >> did indicate when those were made? >> i don't recall when they were made. i believe was in the last couple of days prior to bankruptcy. >> did this individual indicate when he became aware of those or did he order them to occur? >> all that i was told is that mr. corzine was aware of the loans were made. >> did you prepare this information to the appropriate authorities, the answer to

today, this committee will examine the bankruptcy of ms global from the start. i would like to make it clear that our intention is not to sensationalize the bench that is unfolding. we are not here to point fingers and place blame. we take seriously than we have asked the relevant regulatory organizations to appear before us. it is critical this committee shed light on the circumstances revolving around the bankruptcy and to dispel much of the confusion and misinformation that exist. it will put us in a better position to restore confidence in future markets. this is the objective of the hearing today. to that end, last week this committee took extraordinary action to compel witness testimony that is essential to understanding the whole picture in building a comprehensive record. i assure you, both the ranking member and i did not take this action lightly. it is important to stress that this hearing is not a check the box exercise. this committee will continue to monitor the investigation into actions and work to make sure customers receive fair treatment throug

strong guidance as investors appetite for risk is also being fueled by the new york to ms m i the state of the global economy i want to call mike is on technology that are among the main game is in japan and it is up over two percent and sony isn't doing to no two in three quarters of a percent gangs meanwhile causes even stops on the rise in hong kong selling music sony's call and liquefied natural gas in polls hit record levels in november. on the russian market gays in the u.s. and asia by the l.c.s. on the my sex up to no point six percent but is check out those individuals on the my sex marriage chips all mixes all my divorce that is a third of you said down all the teabag is whole five percent on top mike is also gaining the company plans to increase in sales by nine percent next gen however investors are still concerned about political risk in russia but where the sign a i have seen metropole explains. russian market that has underperformed global markets significant of the past three weeks. by a large margin will probably continue to observe there's a political issue remember present and we h

and while that does appear to be at least sensible, everything that i have read about the ms global in't see that role has changed any of the outcome of what has transpired in that global and while they may have been doing things with that money, that this rule would affect we really, what i read is we have the taking of customers funds and they are gone. and so, i would like to have the cftc explained to explain to me why this change in this rule may have been a tool that would at prevented what occurred at mf global from occurring, and no need again for you to answer that today but if cftc could respond to the committee with that question i would appreciate it. and then let me ask chairman shapiro a question. senator warner and i assume this week are going to introduce legislation that we hope will generate additional startups and entrepreneurs -- revive entrepreneurship in this country's economy. present obama's talked about section 404 of sarbanes-oxley. we heard testimony last week in this committee about how it remains one of the most egregious deterrence toward entrepreneur, sm

global warming surfaced. apparentlyhat didn't warm up ms. pelosi much toward mr. gingrich. this week she told a web site she knows a whole bunch about gingrich and ethical problems investigated in the 1990s. that obvious threat did not sit too well with the speaker. >> if she is suggesting she is going to use material that she developed while sheet was on the ethics committee. that is a fundamental violation of the rules of the house and i would hope members would immediately file charges against her the second she does it. i think it tells you how capriciously political that committee was she was on it. tells you how tainted that committee was the outcome was she was on it. >> bill: reprimand $300,000 fund because he used a political action committee to help teach some college courses low level beef to be sure. with us now our barack and hard place duo monica crowley and alan colmes. how do you see this threat thing here? >> what is she polywalnuts pelosi. trying to do this to -- this is speaker vs. speaker. remember spy vs. spy? this is speaker vs. speaker. actually i do

ms influyente del aÑo. take vo ---en su portada, la publicacin reconoci a los diversos movimientos sociales que estn impactando la poltical globalopular, como las movilizaciones que derrotaron a dictadores como el egipcio hosni mubarak o el libio muamar al gadafi. ---la revista tambin destac al lder del comando de operaciones conjuntas de estados unidos que localiz y ejecut a osama bin laden. ---sin embargo, gran parte de los lectores no est de acuerdo con la decisin de "time" y declararon que el personaje del aÑo fue steve jobs. cu ---cada vez mas, las mujeres latinas que viven en estados unidos sufren de depresin postparto.. y muchas de ellas no saben porque.. ---cristina londoÑo nos tiene la historia.. take pkg miguelina/sufrio de depresion posparto 0:15 - 0:25 alma/sufrio de depresion posparto 0:32 - 0:37 cristina londoÑo/san ramon, california 0:48 - 0:58 dra. nancy thatcher especialista en depresion posparto 1:20 - 1:30 === esta madre dice que ama a sus hijos mas que a su propia vida, y le duele recordar la manera en que desprecio a los dos menores cuando estaban recien nacidos, y lo que alcanzo a pasar por su mente. ===sot

he's a career politician, a guy with the nancy pelosi global warming ad following him around. mr. insider republican establish msashington. there's nothing crusadering or outsidery about him. newt gingrich is getting a ton of tea party support. a gallup poll out last week has him with a 30-point lead over his closest competitor among self-described tea party supporters. a fox news poll out this week shows the same trends. mr. gingrich 29 points ahead of the closest competition when it comes to support from self-identified tea party voters. here's an idea why mr. newt gingrich, mr. d.c. insider, might be the new tea party darling. take a look at this. in polling out last week, the folks at public policy polling noted mr. gingrich's strengths in florida, for example, quote, points to his appeal to senior citizens. as public policy polling notes in handy chart form, mr. gingrich is polling better with older voters than he is overall in at least five states and nationally. newt gingrich has disproportionate support from old people. and here's an underappreciated thing about the tea party movement. it tends to be mad

ms and looking for any help they can get. >> no one answer how to find a job. but several things you can do as candidate. >> tom is senior manager of global talent acquisition. he and 7 other recruiter from bay area company got together in san jose to give a room full of job seekers some words of advice. >> in terms of being seen and being found but be specific about what you think you ka than do for that company. >>reporter: latest national unemployment rate dropped to 8.6 percent. 2 and a half year low but bay area job seekers will tell you it still tough out there. she has been looking for a p.r. job since january. >> would i normally send out maybe 30 to 50 resume depending on what openings are out there. i'm lucky to hear back 10%. >>reporter: despite the daunting figure, this event designed to motel vote and boost confidence. jobs are out there. twitter will potentially double the number of employee by next year. looking to fill position in everything from sales to finance. moving to new office in san francisco next contrary so we want to fill the seats and higher people. >>reporter: recruiters say the best thing job seekers do is d

ms and looking for any help they can get. >> no one answer how to find a job. but several things you can do as candidate. >> tom is senior manager of global talent acquisition. he and 7 other recruiter from bay area company got together in san jose to give a room full of job seekers some words of advice. >> in terms of being seen and being found but be specific about what you think you ka than do for that company. >>reporter: latest national unemployment rate dropped to 8.6 percent. 2 and a half year low but bay area job seekers will tell you it still tough out there. she has been looking for a p.r. job since january. >> would i normally send out maybe 30 to 50 resume depending on what openings are out there. i'm lucky to hear back 10%. >>reporter: despite the daunting figure, this event designed to motel vote and boost confidence. jobs are out there. twitter will potentially double the number of employee by next year. looking to fill position in everything from sales to finance. moving to new office in san francisco next contrary so we want to fill the seats and higher people. >>reporter: recruiters say the best thing job seekers do is d

global level of everything we do in the future. >> abc7 news. >> the state attorney general is fighting fire with fire, or in this case technology with technology. msris launched what she called a modern approach to fighting high-tech crime. corina rust reports on the new e crime unit. >> state attorney general was in san jose to unavailable her vision to take criminal investigations to the next level. it's called the e crime unit or ecu just like dna testing has become more sophisticated. the ecu will act as a technology driven high crime fighting hub. >> we are creating labs where technology will be there so they can bring the smartphones they collect during the search search warrant we can do the downloading necessary for the forensic work. >> the idea to use technology more effectively to attack technology related crimes. they will focus on identity theft, internet fraud, computer and electronics theft, intellectual property crimes such as counterfeiting and piracy and child exploitation. a lead are expert in internet security said the e crime unit's evidence gathering and prosecution has been a weak link in this crime landscape. >> the big cha

global level of everything we do in the future. >> abc7 news. >> the state attorney general is fighting fire with fire, or in this case technology with technology. msar. for some children it's going to be their only holiday gift. if you would like to help, you can drop off a toy at santa clara valley labor center. that's in san jose, and you can do it this morning. by the way, you can still contribute to the abc7 share your holiday food drive. you can call the number on your screen. 1-800-870-food or text word "feed" to 80077 and that gives ten dollars. we have more information on our website at abc7news.com. >>> if you are shopping in oakland, parking is free next saturday. the goal is to encourage visitors to buy local. the offer is good at all parking meters between the hours of 8:00 a.m. and 6:00 p.m. on christmas eve. they have free parking yesterday, as well. it's a good way to compete with the free parking at the mall. lisa is here to talk, of course weather. >> a lot of bike riders out too, i noticed. if you are in the at the mall people getting out and exercising, maybe size skating or going to a football game. weather should be pretty goo

ms. kaptur: i thank the gentleman for yielding me this time and rise this evening on the subject of m.f. global and a clear need for greater oversight by this congress. mr. speaker, congress isn't doing its job to investigate the fraud that has infected our entire financial system. fraud perpetrated by wall street , and it has hurt the global financial system as well. i think the reason is that too many people have forgotten that gambling with other people's money often entices very addictive personalities who are incapable of self-policing. they need rules. they need limits. and they need oversight. otherwise they just keep getting into the same trouble again and again, harming innocent people in the process by looting their assets. the american people know that corruption on wall street is pervasive and millions upon millions of our fellow citizens have been harmed by it. . the republican leadership has failed to aggressively investigate crime in the financial services sector. earlier this monthr i spoke about bloomberg's report about hank paulsen inappropriately and hyped closed doors tipped

the ordinary course of business while at ms cool i haven't seen those records and i have no access to them now. what i do know is that over the last days at mf global is focusing on selling the company and liquidating assets so that there would be adequate cash and resources to handle what ultimately became a run on the bank. for example on thursday i directed the sale of approximately 1.3 billion in commercial paper in order to meet anticipated customer demands. i also directed the sale of hundreds of millions of dollars of mf global proprietary assets. fri i direct sales of other assets including approximately $4.5 billion of government agency bonds and attempted to sell their securities. as i sit here today, i don't -- i do not know whether all of these and many other transactions were properly recorded and it situated or whether the banks and other counterparties involved in such transactions properly credited the right accounts for the sales or were holding money that is rightfully due to either mf global or its customers. nor do i know whether the back-office professionals at the firm or other institutions made errors and miscalculations unde

global war on terrorism. the speaker pro tempore: the gentleman yields back. for what purpose does the gentlewoman from california rise? >> to address the house for one minute. ms. chu: over 14 million americans are looking for war. that means for every job opening in the united states, four million are looking for employment. that mens another four million have given up looking altogether because companies aren't hiring. these are real people, not just numbers. ellen andrews lost her job last year. she has been supporting herself an her 1-year-old son henry with her unemployment benefits to help keep the lights on and food in the house until she can get a job. but the republican plan will change all that. it will create 40 weeks of federal benefits out from under people like ellen and force partisan policies like the keystone pipeline onto a bill that should be all about helping american families. with the holidays around the corner, congress should be about giving america hope and security, not playing partisan politics. the speaker pro tempore: the gentlewoman yields back. for what purpose does the gentlewoman from new york rise? >> to address the house for

emergence of a number of global scope of forms that are impressive in their reach beyond the ability for them to change the world. i'm going to take the lead to pick four of them. one of the msple. i was on the board for a while. platforms. best in the world. people love them. o a s scalable. d they do a very good job. let's look at facebook to read a people platform. a global platform of people and how they work together and allte these companies compete withh oi each other in various ways.tform amazon and google as an information platform. the sc the scalable network architect terseterse that the technology s delivering are rolling through the incumbency's of one time or another political systems, business systems etc., etc. and a number of other companies' lobbying to be on the list or replace companies in that regard. the construction of these is probably the most important new sort of business story we see today. the corporations are very high and they are not done. the year just beginning. they are just beginning because of more's law that says computers get faster and double every two years. that means every two years the computers will be 30 times faster. do the math

ms. ros-lehtinen: thank you, mr. speaker. i'm so pleased to yield such time as he may consume to mr. smith from new jersey, the chairman of the subcommittee on africa, global health and human rights, a strong advocate for freedom everywhere and the author of the bill before us. the speaker pro tempore: the gentleman from new jersey. mr. smith: i thank the distinguished chairwoman for yielding and just join her first and foremost in mourning the passing of havel, the great president and nobel peace prize winner, one of the founders of charter 77, a magnificent human rights organization, that took the helsinki act and turned it into a duringable and tangible program of the people of czechoslovakia. charter 77 has been replicated all over, including in belarus. it's called 97 there, and as well as in places like vietnam where it's block 8406 and all of these helsinki inspired but havel-inspired for sure. i note pair theycally in the 1980's i and members of the helsinki commission, including steny hoyer, sought to meet with the members of charter 77. one got through and the rest were detained by the secret police, including havel. it's important to say that be

ms. castle. >> thank you. thank you for inviting me to be here today to talk to you about the department of the interior's undertakings and accomplishments with respect to what are scarcity domestically and globally. i will be talking about the two agencies i work with. while it is states that allocate water supplies and control administration of use, the federal government has a very important role to play in leading the way to stainability of water resources and providing the tools that we need to get there. the usgs is best known in the world of water for the over 7,000 stream gauges that they operate deployed all across the country. those stream gauges provide with realtime information that is accessible to anyone that goes online. that information is really essential to the national weather service, fema, army corps of engineers, and any water manager. usgs helps with water imbalances, by telling us how and where water is being used across the country. every five years, usgs produces a report on the overall water use in the united states, and tells us what water withdrawals are used for and what volume of water is being used for those purposes. it's also drilling down on particular water she