that was discovered and conducted by the psc. in a the remedial effort, they put so much emphasis on social networking, the capability of social networking company failed to tell people that they wouldn't be getting information that they wanted. namely when were they going to be in the store. you can have a good communication network set up. but you have to have infrmation gerri: even the online map, if you do have power, they were out of date made no sense. the frustrations just piled one upon the other. congressman cohen i will let you have the last word. what you see is a way to improve the situation here? for all over the country, as you know, the response is always difficult. >> the most critical and life-threatening situation is the communications in the last few days. if there is a lesson to be learned, we have to figure out how to solve that problem. gerri: we have a long way to go. what a great panel. thank you so much for coming on. congressman turner, matthew and nicole, greet guests and thank you. meanwhile, nancy pel

psc and mc hammer ganging up to go gangnam. >> yeah, really. >> the crowd went totally wild.went backstage for the inside scoop. and we see the stars there with cecilia vega. >> gets the good sport award. >>> good morning, everyone. robin home recovering. elizabeth vargas is here. >> i'm not going to do that. lara did it the best. >> no i retired my gangnam pony. >> okay. at any rate, we'll leave it right at that, gentlemen. we do have an update in this half hour. the startling case that we haven't covering since the case broke. this young man, high school valedictorian, a college student studying biology, supported by his family and the entire town as he stands trial for the murder of his mother. now, there's new dramatic details and the 911 and photo as the prosecution reveals its case. >>> also coming up, a miss america contestant who decides to have surgery to save her life. she's 24 years old. and she's live in an exclusive interview as to why she's doing this now. >> a tough, tough decision. definitely stick around for that. also, stick around for this, a young fellow n

the advantages pscs brought to the mortgage market. let's think about the years just before the financial crisis, think about where the g s cs have been in that period of time and the reason it is worth taking a look at this time before the financial crisis, there are many people who have argued and written that the gsts caused the financial crisis or the great recession and as robert glauber indicated, i was not at freddie mac until after the financial crisis so i don't really have a stake in this game but this is a chart i would look at to determine to what extent i thought freddie mac, fannie mae caused the crisis. i am not saying perhaps we will find later some contribution, but you would think they caused it and this chart looks at market share and the market share of the bses is at the top. it is that blue line. the red line that starts at the bottom and get high in 2005-2007 is the private market, private secondary mortgage market. this is the investment bank and commercial bank issuing secondary and be as security, private labe