vestment will be rthless and there is probabl going to be new stk issued, but they're not gog to have rticipation in that new company. >> reporter: theew g.m. plans tossue new shares next year. shar in motors liquidation now cost about amuch as a wspaper. anregulators warn the stock will probably worth nothing the time the bankruptcy cou finishes its wk. rren gersh, "nightly busines rert," washington. jeff: municipal debt issuer could soon have dot their i's and cross thr t's in public. the s.e.c.ants the nearly $3 illion muni market to have t same disclosure rules as publicly traded coanies. the agcy wants states and counties to be up-front abou things like bankptcies so instors can make better decisions. and it wants thoseisclosures qukly-- within 10 days. right now, muni debt issrs ha some gray area to work with disclosingn what's called a quote, "tily manner" >> jeff:ow let's take a look at some stocks in the ne tonight. >> jeff: tight's street critique gst says it's still too early to get excitedbout an economic recovery. he's patrick o'hare,hief market analy at briefing.com where he writes

the treasury has selted nine investment firms to rticipate, but itas not adopted barofsky's recmendation that there be firewall between the managers of the public fd and their prive investments. some of the same fir chosen to particate in the program have also reportedly helpedhe administrationraft the proposal >> if in fact these individus had a ha in writing these programs, it becom all the more important from perception area alone that we havthe tightest and mossignificant barriers and walls tprotect th from taking advantage of a program they may he had a hand in reporng. >> reporter: treasury sa it has already adopted so of the g.'s recommendation and will contue to work with his office in ways that are conructive. stephanie dhue, "nightly siness report", washington. >> suzanne: key plers in the financial crisis cou soon have follow a new set of rules. the obama ministration today issued a proposal reform the nati's credit ratings agenci and curb their power. the proposal hopes to lit conflicts of ierest by barring tings firms from offering consulting services tohe companies theyate.

like ruth baderginsburg's rticipation judge sotomayor's leadershipole inhe legal defense nd demonstrates her commitment the constitutn. constitutional rightand core valuesofquality andn inalienable american right and not on race or color her experience uniquely enforced her ability to enforcefacts. her commitment to the constitutions unyieldin as she described her philosophy ying, i don't believe we should bend the constitution under any ciumstances. it says what it says. we shouldo honor to it. her record on the second rct demonstrateshe importance of thisconviction. the impoance of sonia sotomayor's professional personal storyannotbe understad. many of our justice is ha noted the importance of th backgrounds and experiencesin being anffective justice. they also understd that tir gender oethnicity is not a determining factor in tir rulings, but another asset in ich they bng to the court much likeetion, ting and previous legal work justice scaia said quote, iam the product of the melting pot of nework. i have absolutely noacial prejudices a am probably as antagonistic as the average aman

and it, to wld be rticipating in the pppi >> so you'rerealking about more than a billion dollar stake i i the ground rere wilbur. which banks do youou tnk are going to be psese to ll? >> oo i w woun'n' know which oneses. but member, there are sosome banks s th got t t.a.p.p money and they're notot even able to y the preferreddividend.. so i would t tnknk they m mig b particularlylyn n a hurry t t cn up their balancesheets.s. and then you haveehe seizedd babank that ee fdic hasakak ovov.. they've t tak ovever already 77 babas.s. my guessss is ty'y'll be anothe 00r so before t thiets nished. and alall those wll have somee assets thaha could be put ioo is ki ofevevered format. and do you thihink t thaththe trsury will sort push the elelbo of some of thosee bananks ey can't even p the prererddividends. e e vernment may say look, you've got to sell these assets anand rtrtf push t the too so.o >> i don't knowwhat government will do,utut that's what t i uld do if i werereovoverent. >> one treasasyy offifici s sd that the ability of nks t to raraiscacapil recentltl indicats at the banks are i

>> reporter: welell,ouou could he i hope in the room there was a l of audience rticipation, aotot of apapplse. the presididtt gave a very rsrson speech know invoked ss personal htoto a lott me e th we n noally see him o. hehe tked about his grandfather. he talked abouout ss father's's experience in keya. he talked about the responsibility not j jusofof americic b also ofof afafri, of africans to dictate thehe o own future. he talked very plainly a abou rrrrupon, about colilis amg g tres, saying this w not t th wayforward. toward the end i it started sounding a liittle bit li an old campaign sspeec he kindd o invokedhaha passion t t aaudnce, saying i i taininto the youngpeople. it's up p to y y to decide what kind of placece africic wl be. yes, you ca yes, you can d that. invoking hislld campaign slogan.. so the people in e room seememd to receivett very well and, of course, he is really ining welcomomed he e ghana alstst s aaative son t thou h hamamil of course, is from kenya. thisss his first visit to sub-saharan africa as presidene and people he have beenen ryry excitete l ling the

gonzalez deserves toe cast out of polite society anthe same is true ofou and bybee and other pple that rticiped in thisnd i hope that happens. >> thasjohn, you'renot referring to me personally. i may deserve to be cast out. >> there areome feelhat y. chris hayes of "the nation," always a plasure. i said it to john and i said it letterman.do not cross david e venge contues. tonit, about the waders. >>> and whenachel joins you at the top of the hou frank rich on the gop'sdistractions, the on that linger and nger, including today' latest developments in the senator engn soa opera. >>and in "worsts," senator enlove cald the newest member of the senate a quote, clown and defends its by saying, kind of looks ke a clown whei was talkg to him. hey, senator enhoff, do u want us to join senars on whether or n they look like clowns? you have questionsns. o can give you the financiaadvice you need? whe ll you find the stabitity d resources to keep you ahead of thihis raradly evolving world? these are toestions. that's why we broro gether two of the most powerful names inhehe industry. introducing g an stan

mamaetet rticipants and consnserers whether to set position lilitsts on all commodity's f fure contractse chairman sss the focus of ththe first hearing wl be possibible speculative limits o crude oil, heating oil,nanatul gas and gasoline. ininther words, energy mmodities that have a finite suly. a kekeisissu who should qualiliy for exemptions om those lits? sosome lawmakers say hedge exemptions shouldld onlygogo to ththeehat plan too buy t the commodity likeairlines who routinely hehedgjeje fuel versus those that hedge commodity popotitionas part of a risisk management sttete. lalasteaear whenil set a a reco, they were on the sideleleses an there e rere cplaints that investor funds and specuculaonon distorted tse markets.s. noww there is aantspeculation lelegiatatn pending in congngre thatouould direct t tm to s set posititi limits onil and otherer enererutures and sell out in this report, the rolole s spsp and hehedgunds in thohose futur mamaets. bill? a a right. ththanyoyou ry much. that's g goio be pular. >>> by the wa auiuick programming note, commissssnene of the cftc, bartulton wil