bob reuben is one of his associates i guess you could say, bob reuben has a whole bunch of followers.ne is tim geithner. another one is larry summers and gene sperling. they're all over bought particularly in democratic administrations. what he is talking to people on wall street, that speak to me, unfortunately for him. he is likely to leave next couple months. adam: i wants to make some money. >> near the end of his tenure with had job with the obama administration. it is unclear what he wants to do, why he is doing it. people on wall street are telling me it's the obvious reason. guy's been in government a long time. been out of government somewhat. in 2008, right before the obama was elected to his first term he was counseling wall street firms. made a few bucks from goldman sachs, did some peach speeches and that's where a lot of people are speck laying he is going. he is telling people he is definitely out and going to leave his post. the guy likely to replace him, jeff sites, on the short list but who knows. senior advisor to the president. businessman, entrepreneur. acting hea

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gentlemen, i present to you the recipients of the silver medal of valor, sergeant scott ryan, and officer reuben reyes. [applause] offic>> we are at the part of te ceremony now where we will present the gold medal of valor, the highest award given from the sentences go police department. tonight we have six, an unprecedented number. i would like captain ann mannix, and officer minkel, everson, griffin and tursi. >> can we do this separately? there are two separate incidents. but go in your order. -- >> let's go in your order. >> tonight it is my honor to present to you the heroic acts of officer joseph everson and officer minkel. wednesday, october 13, 2011, there were patrolling together as the violent reduction unit they have been assigned in uniform and driving a large unit. they were driving along pulled street when they ran the license plate of a car in front of them. the registration sticker display showed 2012, indicating car registration. their onboard computer results showing the registration expired in 2009. noting the discrepancy, the officer decided to pull the car over to investigat

joel reuben, thank you for your insight. >> my pleasure. >>> firefighters in california are adding a drone to their arsenal in the fight against an unrelented wildfire. the drone seen right here, it gives firefighters a bird's eye view of any portion of the flames. it's remotely piloted hundred of miles away by the california national guard and on wednesday it alerted firefighters of a new flair up, one they would not have immediately seen. the rim fire is now in it's 13th day and it is only 30% contained. it has destroyed 111 structures and is posing a threat to the yosemite national forest along with san francisco's water supply and giant trees. >>> millions of us suffer from sleeplessness. i know i do. a new study finds that 9 million adults are taking prescription sleeping pills. the five year study noted that lack of sleep contributes to diabetes, heart disease, depression and other diseases. researchers say that 50 to 70 million americans suffer from sleep deprivation or sleep disorders. >>> remembering the march on washington. and dr. martin luther king, jr.'s i have a dream s

so summers is an acolyte of bob reuben, the former chair of goldman sachs.ry secretary, left to make millions at citibank. he -- when he was in office under clinton, summers had really a catastrophic record of championing deregulation of the banks, supporting the repeal of glass-steagall which kept them from gambling with taxpayer's money. suppressing efforts even to begin asking about derivatives which eventually blew up the global economy. and he then went from there to -- unfortunate turn -- >> bill: i hate to interrupt you. bill clinton has said that larry summers is wrong. got it wrong on the derivatives and advised him wrongly. so former president has dissed his treasury secretary. >> what's interesting about that -- >> bill: then he goes to harvard. >> what's interesting about this is the defenders of summers take the same information that the critics have and use that as part of his resume. so the critics say this was catastrophic, the decisions he made in the '90s that led directly to the bubble that blew up. they said yeah, but that was a learning

tim geithner and bob reuben are both reportedly in his corner. one thing is certain.bernanke's shoes will be big ones to fill. wall street loves the tens of billions of stimulus he pumps into the economy each month. summers is skeptical and yellen is believed to be in favor. >> yellen is seen as continuity with bernanke. she's been at bernanke's side for the past two years as the vice chair. they coordinate policy together. >> reporter: yellen has deep respect inside the federal reserve. she is no stranger to politics, servesing a chairman of the white house economic council of advisers under bill clinton. while not as well-known on the international stage, she would be the first woman to lead the fed. summers on the other hand is a world renowned economics superstar. he was director of the national economic council under president obama and a former treasury secretary under president clinton and part of the team that "time" magazine called the committee to save the world in a financial crisis in the late '90s. but he does have baggage. >> summers is a controversial p

ann reuben was in redwood city for that sentencing. tells us what the victims told the court. >> reporter: today the victims got to speak about the pain ayers caused them, and about the justice, they say simply took too long. today's sentencing coming after ayers, and 81-year-old former child psychologist needed no contest. ayers was charged with eight counts of lewd and luciferous acts against a child aging 8 to 14. one of the victims explained on video, how he believed the genital touching was truly part of his exam and first, and was later too ashamed to tell his parents. saying, i don't wish you to pity me, but i wish i didn't have the baggage this sex criminal laid on me. >> i think this was retraumatizing on early level. >> hard to say after seven years, it's hard to speak of the relief we feel that it's now completed, and finally, he will be on his bay to state prison. and a real prison. nothing, no jail, no work program, anything, he will be going to prison where he longs for the harm he caused over the decades. >> reporter: ay

in san jose, ann reuben, ktvu, channel 2 news. >>> guests at a florida resort near disney world saidhey could hear windows breaking just hours before a sinkhole swallowed party of the building. one 24 unit section collapsed at the summer bay resort in clairemont, florida, while another section continues to sink. more than 100 guests were evacuated. they say they first heard popping noises last night, and the building started to give way a few hours later. police estimate the sinkhole is about 50 feet wide. >>> the baseball world abuzz. calling him a banana throwing bigot. but was he just a frustrated man? >> a steady warm up, into the 90s. find out which day temperatures will hit they're peak. >> a family mourning the death of their 8-year-old daughter, and worried for their young son, suspected of killing her. why they're saying the community help has changed to harassment. >> a lot of those people have turned on us. >>> the family of layla fowler says the community that once backed them has turned against them. barny fowler, and his son says neighbors and friends that have planned

in san jose, ann reuben, ktvu, channel 2 news. >>> guests at a florida resort near disney world saiduld hear windows breaking just hours before a sinkhole swallowed party of the building. one 24 unit section collapsed at the summer bay resort in clairemont, florida, while another section continues to sink. more than 100 guests were evacuated. they say they first heard popping noises last night, and the building started to give way a few hours later. police estimate the sinkhole is about 50 feet wide. >>> the baseball world abuzz. calling him a banana throwing bigot. but was he just a frustrated man? >> a steady warm up, into the 90s. find out which day temperatures will hit they're peak. >> a family mourning the death of their 8-year-old daughter, farmers presents: fifteen seconds of smart. so you want to drive more safely? stop eating. take deep breaths. avoid bad weather. [ whispers ] get eight hours. ♪ [ shouts over music ] turn it down! and, of course, talk to farmers. hi. hi. ♪ we are farmers bum - pa - dum, bum - bum - bum - bum ♪ living on cloud nine with that u-verse wireless

victim says the dod is telling them not to talk to the press about the situation with us is rebound reubenin a group of the fort hood victims. counselor, what the judge and and didn't say. the court saying there was never a gag order of any of the victims. >> thanks for having me, laura. what the judge said she instructed the witnesses after they testified that they were not to talk about their testimony. there are provisions under the provisionary rules of court martials for gag orders. like there are in civil courts. but because it's a different process, and the public doesn't have access to the rules and orders and so forth, wasn't made clear to the victims exactly what was and wasn't aloud. so what they were told was don't talk about your testimony until after the verdict. now, i want to say that our folks are very upset. but you have to understand why. they are committed to this prosecution. they appreciate everything that the team is doing to prosecute hasan. they have a prospect. >> they are suing the government on claims that, what? claims basically that the government gave major h

ann reuben is live now in palo alto where some streakers are causing a stir on campus. an?>> reporter: well, students call it a prank but the new principal here calls it a problem. she says from now on, streaking will not be tolerated. at palo alto high school the buzz on the first day was not about what happened in class but rather what happened outside. two seniors streaking across campus. >> it's not like this thing you really want to see but it didn't really bother me that much. just the principal that says that. i don't know anyone that gets bothered or disturbed by it. >> reporter: not true according to school officials. they say streaking here has gotten out of control. seniors plan streak week in the spring and now, this. administrators say it has to stop. >> as many of their fellow students this creates an uncomfortable and emotionally unsafe learning environment. >> reporter: so the principal sent home this letter saying, quote, it's time for us to put an end to this tradition and channel our energies in a more positive direction. she says the consequences will be

her son reuben stood in as best man. >> you have a ring picked to go on your hand. >> she sees me as being. she opened up her house, her heart and gave me her family. >> i raul take you laquisha. to be my wedded wife to have and to hold from this day forward. >> i'm the black sheep of my family. i am the only one that has ever been to prison. >> i laquisha take raul to be my wedded husband to have and to hold from this day forward. >> i have been thinking about the sacrifice she made. how much she loves me to do something like that. >> as you take this ring and place it on her hand, raul, would you repeat after me. i give you this ring -- >> i give you this ring -- >> as a symbol and commitment in marriage. >> she knows that the possibilities of me getting out are slim to none. and she accepted that. >> this is the first day of the rest of your lives together. and we would all hope that tomorrow would be even happier. you may kiss your lovely bride. >> though there will be no reception or first dance for this couple, the odds aren't totally against them. according to one study unions

republican party and what they call the wall street wing of the democratic party, which is robert reubens, and the main street wing which is elizabeth warren and others. sort of the progressives versus the moderates and thus this division is causing i won't say mutiny. but the fact is you have harry reid going up against the president's pick possibly. >> they have made it very clear, a number of democrats, privately, many publicly that they don't want larry summers. they have sort of done it by endorsing janet yellen. they wrote a letter and 19 or 20 signed it. harry reid knows it's going to be difficult. if the president does it, it's going to become harry reid's problem. but democrats very clearly want janet yellen. the one thing about larry summers, the reason that the white house might -- the reason the president might pick him, everyone who knows him personally and has worked with him personally is enthralled by his intelligence and grasp of the issues. >> not by his personality. >> exactly. but that happens to include the president and his senior advisers. if they pick him, it will

larry summers led for some massive, deregulation, it was done with republicans and robert reuben.secretary. assistant treasury secretary. and took ruben's job when he left and went to citigroup. the people in the clinton administration led to deregulation, that obama right now is reimplementing. we should point out this. the fed is now a regulator. so larry summers will implement some of the reforms, quote, unquote, regulations that obama put in that were overriding his deregulation. it is odd but you know listen. he's a smart guy. larry summers is one of the smartest guys when it comes to economics. >> president of harvard university. >> wall street establishment is pushing him. the other big story the wall street establishment is still pretty powerful. so matter how much they call him fat cats they put him on the top of the list. betting early on was janet yellen would get the nod. no one has it yet. i could hear it is summers to screw up. maybe they find a comment about women not knowing how to do open market operations as well as men. that is possibility with larry summers. lo

reuben coming in to run treasury and the deregulation in all of that and i wonder if that's what a lot to summers right now, hey, we're implementing dodd/frank and put in clinton's deregulator. >> two sides to this. summers has made a lot of money and part-time consulting and speaking things for citigroup and other financial institutions. people on the left say we're suspicious of this guy and his ties to finance. on the other hand, i think there's this notion that summers would somehow be more reassuring to financial markets broadly. but i feel that is actually a very d.c. mentality. that summers is a real sort of policy guy and been in washington for a lot of capacity for a lot of years. jenny allen is not some unknown figure to the banking industry, but a member of the board of governors and the vice chair of the system. the idea that elevating her would be destabilizing influence in the markets, i don't think there's any support for. she's been a player in this for a long time. summers is a loose canon with things he says. he has gotten himself in trouble numerous times over the ye

do you think bob reuben is calling his friends? >> that may be going on. with this. >> it seems as though the leading candidates have surrogates out there making their cases in public. you said some pretty harsh things publicly an written publicly about larry summers, saying he was a part of the deregulatory problem that led to the 28 crisis. >> he has qualifications that, you know, that are less than hers. there are positive things about him. well, his regulatory record is not a good one. on derivatives, he's never been a regulator. regulation is the key component of what the fed does. he's never been a regulator. >> do you think yellen has, i only say that she was at the fed while the fed missed the body the same way just about everybody else did. >> she was one i think the records have shown she was one of the people who had suggested that, you know, maybe we do have a problem here. she was a minority at that point. but i think over time her record has been a solid one. i worked with her, she has a cool head, very professional, very smart. she believes

michael reuben is joining us and michelle wolker. guys, good morning to both of you.he cover of "the economist" is a picture of assad and the headline is just three words, "hit him hard." do you think that's the prevailing view right now? >> i think it is the prevailing view that we need to do something, although i suspect it's going to be more symbolic than real. the fact of the matter is we've been discussing this for more than a week now, and that's given assad and all of his top lieutenants opportunity to go to the ground to survive any onslaught. >> michelle, richard engel of nbc news this morning made the point, the longer the debate goes on, the less momentum there is for a strike. are we at a point where building international support is now a losing proposition? >> well, i think it's probably the point that the less momentum there is for a strike. i think everybody wants to be as cautious as they can because it's really a no-win situation. you have the possibility of a bigger strike leading to a wildcard escalation and a less impressive strike that would mean

>> my name is larry reuben. good evening, everybody. thank you for watching. even you, glen beck.i want to thank good jobs nation for bringing us all together. i think this is just a sample, we are just a small sample of what we're going to be seeing on saturday. people are going to be coming from all over the country. fifty years ago, being at that march was the first time first experience i had that allowed me to feel like an american. i've been working for snicc. in georgia and mississippi. we are fighting the sheriff's i elected officials, the people that in a way they believe think were fighting america. then the largest crowd ever assembled in this country to that time came together. we are america. this coming started we have to come together again because, well, substitute the tea party, the brothers, goldman sachs, corporations for the sheriffs and the policemen in the south. look what they're doing to america today. that's why we have to get together again. voting rights is under attack. we have the "stand your ground." whose ground? the regreggives, i like that word and

destroyer that dan about cover the sound the reuben james with 115 men going down with the ship.so there's three attacks on u.s. shipping and at that point, church of realizes this country is never going to war unless they do so on their terms america time with something far greater than the loss of a destroyer takes place. he sat on the morning after the reuben james in town, churchill body of a declaration by that afternoon. he didn't. >> we know how this sense, but one thing that amazes americans undeservedly told in the book is how practically as soon as the war and a churchill got kicked out and he was no longer in office within months of declaring the jury. churchill won his office with ot because of the system, his party lost in there for labor took over. it's amazing he was out of office as soon as he won. >> that's another story i grew up with, the ungrateful english throughout winston the savior. the pacific war wasn't over and he wanted to finish the job fair, but the european war was over and they scheduled elections and have been inexplicably due to my father is out