sbi is asking the city to whang the master plan. sbi did not respond to our request for a comment. the recreation department is reviewing the proposal. for now, this rink remains on thin ice. >> you can see behind me there's a sign on the door encouraging people to sign a petition. so far they have collected more than 2,000 signatures to help save this ice rink. reporting live in san mateo, mary ann favro, nbc bay area news. >>> the big steel beams are going up, the new stadium for the 49ers is taking a huge step forward today with crews bolting down the project's first real support pieces. nbc bay area dammann trujillo has more for what it means to the local real estate. to see it for real must be really cool. >> it really is. this is creating a buzz in the local ream estate community. this stadium is going up behind me. there's workers back there right now doing their thing. at 6:30 this morning, crews put in the first steel beams on this 1.2 billion project. that means the construction company should hand over the keys to the 49ers in a couple of years. no one could be happier t

to take a line from the great grat sbi, the rich get richer and the poor get children. in this case 40% of those children living in poverty will never escape it. poor forever is the focus of a new bloomberg business week article by esmay dupres. thank you for joining us. >> thank you. >> you talk about two areas, one wealthy and one impoverished. this is the kind of income inequality that you discuss here that most of us think about in sort of developing nations like brazil where there's no middle class. is this where you're saying we're headed? >> right. that's what we're seeing economists say, bridgeport, extreme pockets of wealth butting up against one another. we can learn lessons about what it's like to be there. >> she's not saying we're going there. she's saying we're already ere. among rich nations united states has the highest income inequality and the least amount of mobility. >> right, i understand. it's a huge distinction to say that bridgeport and greenwich are representative of the entire united states. these are two pockets that happen to abutt each other

senator richard shell sbi the ranking republican on that panel and joins us now for exclusive interviewsenator good to have you on the program. >> thank you, maria. >> did tim geithner do enough? >> absolutely not. he's got -- got started but then he stopped. he stopped when he should have been walking to the next level. he should have been investigating what was going on. he had information that something was amiss. but he didn't do more. >> what would you have liked to see him do? what will you be focused on when these guys testify in front of your committee? >> first, we have got to get to the bottom of all of it. in other words, see exactly what he did. we have seen some -- information. you know, about the banks and saying something is wrong. he forwarded that to the bank of england. but nothing really happened in the meantime. there are hundreds of trillions of dollars worth of loans predicated on libor every day. so you have to have trust, you have to have integrity in the banking system. lot of that is lacking today which is sad. we have got to restore trust and this is a start.

the relay a hot favorite, too, but lost out to inspired swim sbi the boys from france. >> france is going to out-touch the americans and lochte. >> reporter: among the american winners, dana vollmer, set a new world record in the 100 meter butterfly. >> under 56 seconds. >> reporter: and tim, the skeet shooter who won gold and became the first american to wane medal in five consecutive olympics games. >> you know, just overwhelming. it's just something that you just, pinching yourself. is this real? it's just incredible. >> reporter: incredible to the british taxpayers paying for the game has been the blocks of empty seats at many events. ticket distribution has been described as a fiasco here. >> basketball. >> reporter: normal people can't buy tickets and olympic committee members who have them aren't using them. >> ridiculous. tickets nep say on the news that there are so many free places as well. >> very disappointed. >> reporter: the empty seat issue hasn't just plagued the london games. it's a factor in all olympic games. one of the problems is that the national olympic committee fr