at pnc, we help make achievement happen. pnc. for the achiever in us all. >> now your forecast with our meteorologist. >> coming up on 12 minutes after 9:00 a.m., things are pretty quiet. it will not be the best day to close out the weekend, but i would not cancel plans. we do see a little activity on hd doppler, just sprinkles and flurries. no accumulation. the temperatures are all above freezing. even if you see a little bit of snow coming down it will not affect their roads. let's switch to overtake a wider view. this is the same storm system that has been bugging us. it is still alive. it does not have the strength as when it was pouring two feet of snow, but you can still see the circulation in the western part of new york state. it is dropping showers and flurries in pennsylvania, some crossing over into maryland. temperatures are in the mid to upper 30's. 39 downtown, 35 in tonytown. we will shoot for high temperature between 40 and 45. a mixture of clouds and sunshine. that 30 or 40% chance for us. or snow flurries. a bre

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at pnc, we help make achievement happen. pnc. for the achiever in us all. captioned by the national captioning institute --www.ncicap.org-- >>> strong words from the washington post, and best -- insisting that he step down. we are alive in southeast tonight, a look at what the community thinks about this. >> i dozen members of the democrat's executive committee are meeting here at the restaurant on martin luther king avenue tonight to discuss how they should react to their 73- year-old council member's latest public troubles. as he shared a televised hearing of the work force development hearing, will he lose the committee and have his council staff should his colleagues boat -- bowed to punish him. -- vote to punish him. the washington post said that the words ring hollow to them. >> i am truly, truly sorry. >> sorry about the scandal that blew up over the city contracts for and girlfriend. an investigation by the council met alleging kickbacks. they're considering whether it is time for him to go. >> he himself as the architect of it, whether or not is in

at pnc, we help make achievement happen. pnc.hiever in us all. >>> coming up, we have the latest on the 8.8 magnitude earthquake that hit chile. >> the last full weekend of the olympic games comes to an end, but first these messages. ominat. i honestly loved smoking, and i honestly didn't think i would ever quit. it was very interesting that you could smoke on the first week. (announcer) chantix is a non-nicotine pill. in studies, 44% of chantix users were quit during weeks 9 to 12 of treatment, compared to 18% on sugar pill. it is proven to reduce the urge to smoke. i did have an unopen pack of cigarettes in my purse and i said, "what the heck, i don't need these..." ...i said, you know, "bye, i don't need you anymore, you're not my crutch, i don't need a crutch." (announcer) talk to your doctor about chantix and a support plan that's right for you. some people have had changes in behavior, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice agitation, hosti

this sat the pnc bank. they have strung up caution tape and put up metal barriers up so folks won't walk and direct themselves to the falling snow and ice. i will walk over to the street and show you the conditions on the street here. we have a mixture for precipitation right now of sort of icy, snow, almost rain. it is kind of a hard precipitation to describe to you folks. now, we have pavement in this particular section. you walk a couple of feet over and you get to this icy snowy mix. this is the stuff people are having trouble driving on as the plows continue to come through. >>> there are reports that 25% of dc snowplows are down. and in need of serious repair. this as the latest storm takes a toll on plows trying to clear the snow. officials really promising the plows will be fixed. the dc national guard is being called out to help during the snow emergency. >> we have a mission from the city to have humvees located at each of the police precincts. what they will be doing is shuttling any personnel, f

this is the pnc bank building. we've seen the collapse of an overhang.be careful walking around. people are out taking their dogs for a walk, so be very, very careful from the flying ice coming off of the trees. so urge folks, if you have to go out and walk the dog, we understand that. be careful. so we're seeing people walk down the center of the road. that obviously has its safety issues as well. in the meantime, back to you. >> jessica, thanks a lot. >>> you know what jumps out at me is your practically the only person out there. you don't see anybody behind you. one person occasionally. everybody has stayed away. formally it's 8:01 and that area would be jam packed with people and vehicles. >> reporter: absolutely. and the mayor came out last night and said stay home, we want the emergency crews out on the roads, not the pedestrians. we have seen a couple of cars driving around. we'll see the luxury rear wheel drive vehicle, that's not the car you want in this kind of weather because people are spinning their wheels and getting stuck and plus there i

add pnc going to raise money to repay t.a.r.p. does that mean or banks will do the same thing? we're seeing regional banks pull back on speculation as well today. >> thanks to all three of you. david, mary, peter. david reminds us someone, somewhere is making a lot of money. >> always. >> that's the way the world works. >> we need someone to lend to all of the people that have to borrow. >>> your supposed to declare anything over $10,000 when you fly into the states. have you ever flouted that rule? wait till you hear what people go to smuggle massive amounts of money into the country. >>> another problem for america's banks today in washington, as senate hearing on whether america's banks are involved in lawnering hundreds of millions for corrupt foreign officials. money laundering is $1.5 trillion global problem, some involves sophisticated offshore accounts but some involves smuggling money across borders. joinings now is a consultant who advise is on money laundering, co-founder of milferson and member of the financial crimes unit, both certified anti-money laundering speci

joining me right now, bill stone, chief investment strategist at pnc weight management and research financial strategies, good to see you guys. >> good morning. >> okay, jack, are we headed for a correction? >> think we're already about 80%, 90% into a 10% correction. we're only 25 points away from a 10% pullback off the s&p high of 1150. yes they been good news recently and we've seen a good employment decline recently with the youth 3 and the youth 6, but what really has me concern side we still have roughly a 14% foreclosure and late pay rate on housing. that, to me, is absolutely outrageous and according to the mba, we have another 4 to 4.5 million houses headed for foreclosure. unemployed people aren't spending money on vacations and people who are behind on their mortgages aren't buying granite at home depot. >> so it comes down to housing and employment. >> let me ask you this, jack. in other words, if we start to see some kind of improvement in the jobless situation and certainly we did see that jobless rate come down. so if you believe in that story and you say things are getting bet

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