what bernanke day and who's the third clown there bernanke you got him paulson and paulson hank paulson who who warned all his friends i might add well before congress and shut down and it's crashed the market the term this is a mission of guilt this op ed piece and the new york op ed piece they're saying the crisis we're guilty we had no constraint and we printed seventeen trillion dollars of bogus claims that are on back we just printed them out of thin air there's nothing to back them to bail out our friends that's an admission of guilt it's a not prosecuted now after admitting the crime if i go to the court i say special editions guess what i'm earning somebody in the court says go away we don't we don't murder is not a crime anymore so geithner and paulson and bernanke you they are. think of all the hardship think of the poverty think of the opiate crisis because of people lost their homes people dying in the streets queuing up. those guys put the needle in their arm and they killed those people and they admitted it and the new york times i know there's no prosecution there's no ru

wrote and he says the basic lie of geithner paulson bernanke is the argument. now regulators have no bailout authority leave aside the various misleading elements here yes they do they just have to ask congress which is the most democratic branch of government they are arguing against democracy they're angry the people have some form of check on their right to do whatever they want during a crisis they are couching this in terms of the need to stem panics they are pretending an attack on democracy is a technical point it is not so what they were arguing they were using the pages of the new york times op ed to argue that you know we have too much democracy we shouldn't allow the people to have any say and the unlimited bailout of banks in the next crisis ok what bernanke day and who's the third clown there bernanke you've got him possum and paulson hank paulson who who warned all his friends i call way back to where i had went before congress and said bannon it's crashed the market the term this is an admission of guilt this op ed piece and in the new york op ed

i spoke with hank paulson, the former u.s.tary of to sayy, and he had this over the long-term. we don't pay enough attention to the dangerous, long-term impact. companies want to do business with the united states because we have reliable, stable economic policies. is -- ision really china going to look for new places to buy soybeans? are they concerned they need to protect themselves if there is another tier four and they need other suppliers? john rogers,come ariel investments ceo chairman and founder. we will talk about ariel investments specifically and your track record since the crisis. you heard hank paulson say he is concerned over the long-term that it could do damage to u.s. trade but also u.s. business. how do you look at trade? i have a lot of respect for hank. i believe this is a short-term problem. talks buffett always about our capitalist democracy is the best system ever invented. the dow went from 66 to over 11,000. to war wars, a great depression, and several recessions. we will get through this. our capitali

my exclusive interview with treasury secretary hank paulson. but first susan li is standing by. >> the senate judiciary committee voted to recommend brett kavanaugh for the supreme court. they agreed to delay the vote for one week while the fbi investigates the allegations against brett kavanaugh. >> this country is being ripped apart and we have to make sure we do due diligence. i think we can have a short pause and make sure that the fbi can investigate. reporter: more trouble for tesla founder elon musk. he's being sued by the sec. tesla stock has fallen over 20% this square. the fed raising short-term interest rates for the third time this year. the fed raising rates from 2 to 2.25%. they are expected to raise rates three times in 2019. markets also finishing mixed for the month. trade and regulatory concerns. facebook is seeing its worst month in six years. the shaky september didn't stop the record bull market as markets finished in the green for the quarter. maria: the federal reserve raised interest rates this past week by a farther per

paulson: morgan stanley's liquidity was leading away. john mack was on the phone with me sunday night. i was in my hotel room. i got on a plane and flew back to washington. john mack said, i do not know how long we will land.

another person off to a nice start, steve paulson. here is your meteorologist and good guy, steve paulson. >> good morning, sal. you're a good man yourself. let's get to. if you're going to the hawaiian islands, it looks like the worst is over with. but they have some activity developing on all the islands. some hit and miss rain. the heaviest is here. but the system has moved well past them. it will build up thunderstorm activity. but if you're going, it should be fine. mostly cloudy and partly sunny later today and cooler than average on the temperatures. breezy and windy into the weekend. the system came in and started to enhance with some cloud cover. it is mostly above 18, 20,000 feet. cool and mild there. is some of the cloud cover. i think by this afternoon, most of this will be gone. you see how this is swinging right now. so the first system of the young system. 50s and 60s on the temperatures. but everyone is close here. there are some a little bit cooler for some. 61 in brentwood. 57 and pleasantton, cool. and 55 san franci

>> this would allow hank paulson to act as a king. >> my levels are ok?ank: i can hear you, i can see you. >> mr. paulson has asked that he be above the law. >> he has no idea how bad it is out there. no idea! >> if we have to have somebody at the helm, i think hank paulson is it. >> the world economy would have collapsed. >> right place, right time. no one else could have done it. >> bailout wall street, bailout main street. >> we are the last days of this country surviving. hank: i had a happy childhood. ♪ brother two years younger, sister, five years younger, early years spent on a farm. my father was a tough taskmaster. a lot of chores. high standards. if i was shoveling maneuver in the barn, the stall had to be clean. i would do a good job on my chores, we would settle the horses and ride. he would drive us crazy with to do lists. i picked that up. i make lists. he would leave it on the bureau for us to read when we woke up. he always worried about the septic tank. we took short showers. three minute showers, if i stated too long, i would get a glass

paulson? mr. paulson, no. mr. marchant? >> no. >> mr. marchant, to. miss black? >> no. >> miss black, no. mr. reed? mr. kelly? mr. kelly, no. m miss nome? no. mr. holding? mr. smith of missouri. mr. smith, no. mr. rice? mr. schweikert? no. miss walorski, no. mr. curbelo? mr. curbelo, no. mr. bishop? mr. bishop, no. mr. lahood? mr. lahood,no. mr. winstrop? no. mr. nrktseal? mr. neal, yes. mr. levin? mr. levin, yes. mr. lewis? mr. lewis, yes. mr. doggett? mr. doggett, yes. mr. thompson? >> yes. >> mr. thompson, yes. mr. larson? >> yes. >> mr. larson, yes. mr. blumenauer? >> aye. >> mr. blumenauer, aye. mr. pascrell? mr. pascrell, yes. mr. crowley? >> aye. >> mr. crowley, aye. dr. davis? dr. davis, yes. miss sanchez? mr. higgins? mr. higgins, yes. miss delbene? miss delbene, aye. dr. chu? dr. chu, aye. mr. roskam? mr. roskam, no. mr. reed? mr. reed, no. mr. renacci. mr. holding. mr. rice. miss sanchez? miss sewell? chairman brady? chairman brady, no. >> clerk will report the vote. >> 14 ayes. 21 nays. >> the amendment is not agreed to. are there additional amendment

paulson? mr. paulson no. mr. marchant? ms. black? ms. black no. mr. reed? >> no. >> mr. read no. mr. kelly? mr. kelly no. mr. renacci? ms. nome? ms. nome no. mr. holding? mr. smith of missouri. mr. smith no. mr. rice? mr. swiek kehrt? no. ms. wah lore ski? no. mr. kur vel low no. mr. bishop? mr. bishop no. mr. lahood? mr. lahood no. dr. win strop? dr. win strop no. mr. neil? mr. neil yes. mr. levin? mr. levin, yes. mr. lewis yes. mr. dag gat? yes. mr. thompson. >> yes. >> mr. larson? >> yes. >> mr. blumenauer? eye. mr. kind? mr. kind aye. mr. pascrell? mr. pascrell yes. mr. crowley? mr. crowley aye. dr. davis? aye. ms. sanchez aye. plchlt higgins? mr. higgins aye. ms. sewell? mr. del benet? aye. >> dr. chu? aye. mr. smith of nebraska? mr. smith no. mr. marchant? mr. marchant no. mr. renacci, mr. holding, mr. rice. ms. sewell? chairman brady. chairman brady no. . >> chairman brady? >> the clerk will report the vote? >> 15 yays, 21 nos. >> the agreement is not agreed to. are there any amendments? >> ms. sanchez? >> i have an amendment at the desk. >> mr. buchanan? >> point of order

we begin with press secretary henry paulson speaking with reporters at the white house on september 15, 2008. the same day as the lehman brothers bankruptcy. >> good afternoon everyone. i hope you all had an enjoyable weekend. as you know, we are working through a difficult period in our financial markets right now as we work off some of the past excesses, but the american people can remain confident in the soundness and resilience of our financial system. i commend the sec and the fed for their work over the weekend convening leaders of financial institutions from around the world to meet the current challenges and put measures in place to reduce market stresses. i'm particularly pleased that these major market participants were willing to make extraordinary commitments to market stability as we manage through this turmoil. their actions will complement the important steps taken by the fed and the fcc and will help minimize disruptions to our markets and to our broader economy. as you've heard me say before, the strength is important to every american, to their household budget and th

the never bought in ones money was pocketed the so called broker went by the name of john paulson. didn't know it at the time but was not a licensed trader even his name was an alias in real life he was an american criminal living in manila. this is the fraudster talking recorded on wind brown's voicemail. by the way john died a short break here because. gerry thought it taught him as far as our ship outerwear. so that's john polson john polson bring up there was no one on the world or thought and he was wrong because. but our gimme a lot on a seven or no reason to think it was a scam. the man who calls himself john polson is sticking to a script scammers like emus well proven psychological techniques to entrap the victim's investigator can gamble has seen it all before they're required to get the investor on the hook so the very first calls they mike designed to get that potential investor to to make a small investment. there's the fear script to reassure nervous investors and one code you need to know who i am i'm going to make you very very rich you need to know who i am because

paulson? mr. paulson aye. mr. merchant? mr. marchant aye. ms. black? ms. black aye. mr. reed? >> mr. reed aye. mr. kelly? mr. wrrenacci? ms. nome. mr. holding? mr. smith of missouri? mr. smith aye. mr. rice? mr. swiek kehrt? mr. shh wewie kehrt aye. >> mr. curbelo? aye. mr. bishop? mr. bishop aye. mr. lahood. mr. lahood aye. dr. win strop? dr. win strop aye. mr. neil? mr. neil no. mr. levin? mr. levin no. mr. lewis? mr. lewis no. mr. daggett? mr. daggett no. mr. thompson in mr. thompson no. mr. larson. mr. larson no. mr. blumenauer? mr. lumen knauer no. mr. pascrell? no. mr. crowley? mr. crowley no. dr. davis? >> no. >> dr. davis no. ms. chan sez? ms. sanchez no. mr. higgins? mr. higgins no. ms. sewell? ms. del benet? >> no. >> dr. mr. kelly. mr. kelly yes. mr. holding. mr. rice. ms. soule. chairman brady. chairman brady aye. . >>> the clerk will report the vote. >> 21 ayes -- >> are there any other amendment? mr. larson, for what purpose? the gentleman has an amendment at the desk. mr. reichert. the clerk will district the amendment and i ask the gentleman to suspend while th

paulson and lewis have suburbs. a lot of people want to go to the suburbs and the walls and seats are more rural and leaned more our way. limited resources, i would go to minnesota. it was kind of off the top of my head. if you lose both incumbent it will be a long night. if one of the incumbents win and we win one of the challenger races we are in the majority for sure. one of the incumbents, neither challengers when we are still in the majority but it is a longer night. the only way i would see us losing the majority is both a paulson, and most of east coast races, >> rebecca bird from cnn. >> suggesting the justice department should have, when charging duncan hunter. the agree with the president's suggestion? >> i don't think they were targeted because they were republicans. i will say the fbi lost a lot of credibility with the american people when it looks very political in 2016, doesn't matter whether you are a republican or democrat, what jim comey did, on-again off-again in the late stages of the presidential

geithner it's geithner and paulson. trio i always think of paulson, bernanke and geithner with that. they just had a piece in "the washington post" where we curtails the bailout of the federal agencies and they thought there was a problem. at the end, i jokingly asked them how they were doing in lining up sponsors for their bill tole restore full bailout power to the agencies. and hank said, yeah, when you're writing an op-ed, you don't have to worry about that. >> i remember -- got a million of them. but that's it. i don't remember the trio of -- >> i had to explain henny youngman to -- >> for my mantra, compared to what -- >> henny youngman -- >> take my wife, please. >> yeah, the other good thing about henny youngman which i drove into this conversation, how's your wife? compared to what >> can i get a table or can i get a waiter >> yeah. so there was this fear, i think it's overboned, but i'll give you one argument for my friends on the left. because i find that they don't fully follow through and that is, while we'

and what the future did hold it also ahead treasury secretary hank paulson and federal reserve chair ben bernanke really critically concerned with lehmann did what was next with contagion from lehmann and perhaps others who could fall destroy the economy and still nobody knew the financial risks of those dark o.t.c. markets with those bundles of bad mortgages in the credit default swaps fearing the worst total economic destruction paulson and bernanke headed to capitol hill with a three page document seeking more than seven hundred billion dollars to buy what they called troubled assets held by large and small banks and insurance giant aig i-g. which should insure the o.t.c. dark market products for many of the banks and it did become law for more we're joined by legal journalist molly barrows at the ring of fire network molly some of our viewers may have only a really a veg recall of tarp or know the acronym the history is pretty muddled take us back to a tarp one hundred one if you would. sure have our will as you said secretary paulson and fed chair ben bernanke frame this as dire

paulson: morgan stanley's liquidity was leading away. john mack was on the phone with me sunday night. i was in my hotel room. i got on a plane and flew back to washington. john mack said, i do not know how long we will land. i flew back. i found myself standing up in the white house press room. i felt like if i said, guess what? there is not a single power in the united states of america disintegratinga bank, we cannot do it. morgan stanley would have gone down amy lee. that was my judgment. -- gone down immediately. that was my judgment. i put on my best face. [video clip] fedmmend the sec and the over the weekend. they put measures in place to reduce market stresses. >> that is a brief version of our program, marking the 10th anniversary of the 2008 financial crisis. you can see it tonight a on c-span. chair chuck grassley called a hearing for this monday to give judge kavanagh and a him ofho accuses sexually is a different high school to testify. her attorney is asking for a fbi investigation. eastern.00 you can listen with the free

we look at chris's reaction. >> i started to wonder, did paulson really do it? is the proof, some blurry photo taken from a hours away? >> martha: i a love that it's universally understood that if you walk that way, everyone goes back to the big foot in the woods picture. >> and sometimes you do the briefcase thing. >> so eric paulson has a reputation, they are trying to stick eric paulson, the republican incumbent in minnesota and the argument being, he's never in the district, he's always at home. using humor is a good idea and there is a famous mitch mcconnell ad from long, long ago where they are leading a pack of bloodhounds through the woods to try to find the missing congressman. using humor is a good idea, a connection with voters, and they will remember this in the district long after they have forgotten attack at a 1,137. >> martha: and people always think, ha ha, funny, when they think mitch mcconnell. >> . the turtle, that's all i have tell you. storm coming up, more than two dozen professors at one school canceled classes in order to let their stude

was this about paulson or others not liking dick fuld >> i have incredible admiration for hank paulsonr he liked dick or not would not have factored into his decision i think there was a decision made, it may have been wrong, but legitimate that lehman at the end could not have been successful >> rodgin cohen, thanks. coming up we have a lot more our special coverage of the anniversary of the crisis continues throughout the morning. we'll talk to former senator chris dodd at 8:15 eastern time. co-author of the dodd-frank financial reform bill and the documentary "crisis on wall street: the week that shook the world" is 10:00 tonight on cnbc. >>> also coming up in the next hour on "squawk box," our guest host is former yum brands ceo david novak. and we'll talk about round two of tax reform with mick mulvaney then former secretary of state john kerry will join us to talk about his new memoir as we head to break, a look at premarket winners and losers in the dow. leading the way is chevron your muscles look good, but we should be seeing more range of motion. i'm fine. okay, well let's se

we'll hear from hank paulson and geithner apple also introducing a lower cost model as well there isome reports that maybe they gave some away on their website, maybe some names and color schemes, as usual, it will be a big event at 1:00 >> stocks run you have and the reason why it is not the right thing because you will get them and there is mainly people say it is not what we thought and it is not that great. ex pepectations are too high. there will be people say well samsung has a phone that opens up there are nay sayers everywhere after apple moved up and got hit by tariffs >> david, at the event where you are there are all kinds of media deals being announced today. who knows if apple wants to join it out west? >> it is really funny. i don't think that's the case. jim, as you noknow well, they a spending more and more general on contents and certain things as they increasingly focus on having a larger ecosystem, something we talk about all the time for all the new products that's introduced today of the reoccurring revenue stream that's gotten so much larger the last couple of y

in the last turnaround, it was as to whether the three courageous men, ben bernanke, hank paulson, ando push the envelope of exactly what they were doing in dealing with the various crises that they had. i think it is important that those flexibilities under unique circumstances, be made available. that wraps up our special edition of "bloomberg best," life after lehman. for more coverage and analysis of this topic, you can visit bloomberg.com where you also find the latest business news and information 24 hours a day. thank you for watching. i am eric schatzker. this is bloomberg. ♪ ♪ >> if there is one defining business story of year, it is the housing crisis that would be noted as the biggest financial story of 2007. >> secretary paulson, if you don't mind, he will sit in this chair and see my face in the camera lens here. >> good. >> i am pleased to announce i will nominate henry paulson to be secretary of the treasury. >> people said your greatest strength would be your potential to handle a major global financial crisis. hank: i hope i do not get an opportunity. i have never seen

and, you know, paulson and lewis have suburbs, so i know a lot of people want to go to the suburbs and the -- the walls in the seats are little more rural. and lean more our way. but if you have limited resources, i would go to minnesota. >> can you repeat the formula again? >> goes off the top of my head but if we lose both incumbents, it is going to be a long night, for sure. if we -- if one of the incumbents wins and we win one of the challenger races, we are in the majority, for sure. if we win one of the incumbents, and neither challenges when, you probably still in majority but it is a longer night. so the only way i would see us losing the majority is if both say, paulson and -- this is a bellwether and by the time we know how these are doing you will have seen most of the east coast race is and you'll have a lot better picture of what the night is going to look like. >> okay, rebecca from cnn. >> i'm sure you -- suggesting that the justice department should have taken political considerations under consideration when charging collins and duncan hunter. do you agree with the pre

federal reserve bank of america ben bernanke he was the head of the federal reserve bank and hank paulson was the treasury secretary and they let lehman collapse and then came to the rescue of all their friends well they wrote an op ed about basically concern trolling that there could be another financial crisis and first pointing out how much they as you know federal reserve bank chairmen and people involved in that helped rescue the system back then they said although we in other financial regulators did not foresee the crisis the kaiser port foresaw the crisis i might add we moved aggressively to stop acting in its traditional role as lender of last resort the federal reserve provided massive quantities of short term loans to financial institutions facing runs while cutting interest rates nearly to zero the treasury department stopped iran on money market funds by providing a backstop for investors the treasury also managed to take over the mortgage giants fannie mae and freddie mac. and worked with the fed to try to prevent the collapse of large systemically important financial firms

treasury secretary hank paulson. trade war with china carries dangerous long-term risks, because companies and agents pullback from doing business with the u.s.. >> i think we don't pay enough attention to the dangerous long-term impact. companies and countries want to do business with the united states because we have reliable, stable economic policies. is, hisuestion really china going to start looking for new markets for which they are going to buy soybeans, brazil and africa? to be concerned that they needed to protect themselves if there is another tariff war and they need other suppliers. nejra: make sure you catch the full conversation later today at 12:30 p.m. london time. it is a wide-ranging discussion from lessons learned in the financial crisis to forecasting the next big risk. isabelle mateos y lago from blackrock investment institute is still with us. on the u.s. china trade tensions, this is something blackrock acknowledges receives high attention from investors. does that mean it's priced into global

steve paulson is tracking the path.go to the newsroom where leigh martinez is talking about the latest developments. >> the national weather service puts the wind speed at more than 100 miles an hour at the wilmington airport resulting in a strong i will moving through. hurricane florence was downgraded to a category one because the eye wall grew inside. the smaller the eye wall more powerful the wind. however, it is still sitting hurricane force wind 80 miles out from the center

featuring treasury secretary henry paulson, ben bernanke, and tim geithner. they sat down together recently at the brookings institution for discussion with the new york times financial columnist, an author of -- the author of "too big to fail." >> ladies and gentlemen, good morning. welcome to the brookings institution. my name is john allen. i'm the president of brookings. i would like to welcome each of you today for a very important event, hosted by our hutchins center for fiscal and monetary policy. the hutchins center's mission is one we are deeply proud of here at brookings. i want to thank you all for joining us today. i also want to give a very warm welcome to the media. the upcoming discussion with the guidance of tim geithner and hank paulson and ben bernanke, the hutchins center has teamed up with the yale program on financial stability. the aim of this project is to ask key individuals who are in the government responding to the 2007-2009 financial crisis to record important decisions. the decisions they made at the time. in essence, to find out

and steve paulson said that it has made landfall. but let's go to lee in the newsroom and the latest from fema. >> reporter: yes. the storm surge continues to be the biggest life is threatening danger to the carolinas. but the national weather service said there will be long- term flood threats deep inland as the heavy rain is expected for several days. and the rain has been relentless. and the most dangerous element is the storm surge on emerald isle, north carolina. it is 7 feet and could climb up to 11 feet. and fema warns as hurricane florence lands, it will create extremely dangerous widespread flooding. the worst may be yet to come for the community as along the rivers. at a news conference, fema warned this is a very dangerous storm. >> power will be off, off struck infrastructure will be damage it had and destroyed. >> reporter: hurricane florence was downgraded to a category one because the eye wall grew in size. the smaller the eye wall, the more powerful the whipped. but it still sending wind 810 miles out from the cents s

i talked to hank paulson under george w.ush yesterday and this is the warning he had about the possible long-term consequences of the policy. >> i think we do not pay enough attention to the dangerous long-term impact. companies and countries want to do business with the united states because we have reliable and stable economic policies. is, is china going to start looking for new markets for which they will buy soybeans? are they going to be concerned they need to protect themselves if there is another tariff war and they need suppliers? david: congressman, our american endangering themselves by the trade policies of this administration and will they get this thing resolved in time? ,> china started the trade war we know that, we are in a trade war because of china and past administrations have not done anything about it and i applaud the president. i leave in free trade, fair trade, reciprocal trade and the president needs to use the tariffs to strike a deal. i am not a long-term person on making sure we are using these t

let's talk about the weather with steve paulson. >>> looks similar to monday night, 60s on the temps, low clouds and not much change from what we've had including just about everybody. 60s, 70s and 80s foremost unless you are well away from fog influence. temperatures below average and over the sierra, we will keep an eye on things. we are in between high pressure and low pressure. low pressure in the four corners and high pressure to the west. hurricane norman will not impact the hawaiian islands and you don't have to worry about that. 50s on the temps, a west wind gusting almost 230. 60s, 70s and 80s. and allie rasmus is talking about the traffic. >>> pretty good except for the south bay. starting with the maps, if you are driving up 101 northbound, you will hit a problem in the morgan hill area. we are trying to get more information about what is going on. be aware of that traffic in morgan hills. northbound 101, there is a report of a collision with both vehicles causing a backup and the san jose area. 280 in san jose looks good. the san mateo bridge, busier with brake lights and

let's bring in my friend steve paulson. >> you are too kind. >> thank you. let's get to it. >> for those of you in the winery business and you are saying we need a little heat. is what? your time has arrived. warmer starting today. the warmest days look to be thursday and friday. maybe extending into the weekend and early next week depending on which forecast model is right. temperatures have been cool for a long time. today they bump up. near average to slightly above. santa rosa 85. livermore 86. 79 palo alto and san jose. the system that swept by yesterday kept it cool. looking out towards arizona coming up from baja. not a lot of thunderstorm activity there. we won't have that but we will have this system swinging through. there's a littsouth towards the san mateo coast, santa cruz, a little patchy into marin county. nothing compared to the last couple of days. a lot of 40s to the north under mostly clear skies. sunnyvale 49. 49 pleasanton. lafayette and concorde also in their. low 50s. rugged 51. even el cerrito at 53. not as much fog in cooler temperat

should we bring in steve paulson and ask about the weather for thursday? >> it will be warmer. most of the temperatures away from the coast will be in the upper 80s and low 90s. closer to it they will be in the 70s. we still have that red flag warning until the santa cruz mountains and east bay -- mount diablo gusting to 49. everywhere else looks to be a -- less than 20. 76 is the forecast high. what comes after 75? 76. that's the spirit. that would be the warmest day this month, which is still 73 on the temperatures. the coast and the city have had a cool pattern. not today. what about oakland? going 82. that would be above average. sunshine all over the place. in marin county a northwest, northwest, north at middle peek, and barnaby north, but very calm. nothing over 25 or 35 that i can find. we have a high pressure over patchy fog that will get out of here fast. 40s and 50s on the temperatures . 60s for some already. 48 in menlo park. 51 palo alto. look at the difference between los altos and los altos hills. 12 degrees. on the coast pacifica with a breeze. half moon bay cle

maria: my thanks to hank paulson there.acher said she was fired for giving zeros to students who did not turn in their work, next. and then trading action, the trading acting for entrepreneurship, details on ryan reynolds new partnership with richard branson. back in a moment. ♪ ♪ this is loma linda, a place with one of the highest life expectancies in the country. you see so many people walking around here in their hundreds. so how do you stay financially well for all those extra years? well, you have to start planning as early as possible. we all need to plan, for 18 years or more, of retirement. i don't have a whole lot saved up, but i'm working on it now. i will do whatever i need to do. ♪ plan your financial life with prudential. bring your challenges. that's it. i'm calling kohler about their walk-in bath. nah. not gonna happen. my name is ken. how may i help you? hi, i'm calling about kohler's walk-in bath. excellent! happy to help. huh? hold one moment please... [ finger snaps ] hmm. the kohler walk-in bath features

steve paulson is tracking the path. first, let's go to the newsroom where leigh martinez is talking about the latest developments. >> the national weather service puts the wind speed at more than 100 miles an hour at the wilmington airport resulting in a strong i will moving through. hurricane florence was downgraded to a category one because the eye wall grew inside. the smaller the eye wall more powerful the wind. however, it is still sitting hurricane force wind 80 miles out from the center in this video the canopy of a gas station is pulled off. the most dangerous element is the storm surge that has already reached 10 feet. fema warns that as hurricane florence moves on land it will slow down and create extremely dangerous flooding. in newborn north carolina at least 150 people -- in new bern north carolina alleys 150 people called to be rescued. rescue efforts have stalled due to windows there. trapped residents are now being told to head to the highest parts of their home. >> once the wind is