funding for the sec. this is a question of doing its mission which is to protect the investor. i'm not here to opine on whether or not he had a conflict of interest. i don't think there can be any doubt about it. but whether he advocated the constant dollar adjustment which obviously reduced his own exposure or whether he said to the sec when he came on board in february, 2009 you have made an illegal agreement with sipic which would have worked to his advantage his judgment was clouded because everyone in the sec for what the law. there was one way to remedy this and to restore confidence in the capitol market for the average american. and that is to enact h.r. 757. thank you. >> thank you for your testimony and i thank the panel for your testimony with that we will begin questioning on our side. by mr. echostar fears on a recognized for five minutes. >> when david becker were general counsel first came in to be recalled to thousand nine and set when mother had an account with to bernie madoff why didn't

since there is no sec to investigate the sec, today i challenge my colleagues. thank you, mr. chairman. i yield back the balance of my time. >> i thank the gentleman, and i now recognize the ranking member of the subcommittee on government organization of efficiency and financial management. mr. towns, former chairman of the full committee, for five minutes. >> thank you very much, mr. chairman, and thank you for holding this hearing today. the sec is at an important cross road. it is successfully emerging from a troublesome period leading up to collapse of the country's financial system. and it is poised to take the lead in reforming wall street and preventing another financial meltdown due it enforcement of the dodd-frank act. this hearing will examine financial management, the work force and internal operations at the sec. it is encouraging to see all the new initiatives chairman shapiro has put in place in the last two years. the sec hired it first chief operating officer to oversee the accounting functions and financial reporting and internal controls, and we salute you f

the sec is wall street'spolicemen. it was established to prevent fraud and abuse in the securities market. creating the sec was essential to restoring investor trust in our country's economic system. if our economic system is going to work, says nobel laureate joseph stick lit, then we these to -- we have to make sure that what people gain when they cheat is offset by a system of penalties. each year the sec brings hundreds of enforcement cases against firms that have sold fraudulent financial products n. 2010, for example, the sec brought 681 enforcement cases against 1800 defendants. just as all of us feel more comfortable in our neighborhoods when they are well policed, or investors feel more comfortable buying financial products when the sec is prosecuting white collar crime. and the sec is more important today than ever before. trust in our financial system is at it lowest ebb, and this lack of trust is impeding our economic recovery. the financial regulatory reform law passed here was a step in the right directio

you or the sec? >> it is clear that the sec has jurisdiction if a consumer has a complaint. >> so you will stay out of that whole area. is that what you're telling us? >> no, congressman. congress has made that boundary. those who investe in bank stocks, the same way that those who invest in their plan stocks -- >> but that is not your jurisdiction. is that correct? >> my jurisdiction is consumer financial products. among the people who are interested -- >> i understand that. i thought you had entered the question clearly and now you're backtracking. >> i am not backtracking el. >> does the bureau -- i am not backtracking at all. >> does the bureau provide protection to those who buy stock? >> its is the jurisdiction of sec to deal with consumer complaints about stocks. there is no reason for the consumer agency to be involved, yes, sir. >> so you will stay away from that area. >> we will not go beyond our jurisdiction. >> ok. >> the other question i have is, in going through your testimony, it says

sec. and north, south is moving fine. sec fothick fog.... live from the kron 4 news station, this is the kron 4 news >>pam: 4:30 investigators are piecing together a puzzle amanda and managed to escape from the alameda county jail. 21 year-old also known as ramirez was being processed into the facility after attending a court date. hot a theft charge. somehow, he was able to get through six security doors.

last year espn signed a $2 and a quarter billion dollar contract to broadcast sec football for the next 15 years. >>magnus: ...they're the number one conference. you know, their fans are the most passionate, their teams are the most competitive. they've had the last 4 national champions in a row. >>reporter: add another $825m,15 year deal from cbs and you can see why last year the sec, one of america's 11 major college conferences, could distribute $209m to its 12 member schools...double what it paid out in 2003. >>bloom: there is a large amount of revenue that's being produced but it does cost a lot amount of money to pay for these programmes >>alleva: well it really is a big business. our budget now is approaching $90m. >>reporter: it's the sort of budget that gets you a full sized indoor practice pitch...and a coach on a $3.8m annual salary.... >>magnus: coaches have become rockstars in their own right... but.. the demands that the fan base places on the coach for success on the field has also been ratcheted up. >>reporter: which might explain the police escort.... >>reporter: in tus

the sec and ftc. i will be happy to arrange that. >> the growth illustrates that federal regulators had failed to keep up with market innovation and development. regulation could not keep up with innovation and dynamic action taking place in the markets. can you ensure that dodd-frank and the regulations will keep pace with the innovations in the financial markets? >> it is a good question. what it does is give us the tools to do that. we have to implement them. previously, we did not have a system where we could look at risk across our entire system. we regulated banks and had regulation of other entities. we have an entire shuttle banking system developed and we had all this risk being taken on by firms that were not subject to regulation. aig is a classic example. there was no federal regulation of daiichi and it engaged in derivatives that were destructive. we have wound that down and there is the reason they will repay the government every dollar we gave them. >> we heard testimony earlier and on

take nats vo 10 secs stop for nat !ecs ---siempre hay quejas de la inmigracin ilegal, pero ---siempre hay quejas de la inmigracin ilegal, pero qu tal de la legal? ---la organizacin "californianos por la estabilizacin de la poblacin" est corriendo estos anuncios en ingls que piden reducir la inmigracin 'legal' hasta que baje el desempleo en el estado. --ellos critcan la poltica federal de permitir la entrada de ms de un milln de inmigrantes y trabajadores temporales cada aÑo, a pesar del alto nivel de desempleo en el pas. --los anuncios empezaron en el area de la baha donde se una gran cantidad de extranjeros trabaja en alta de tecnologa. ----y aqui esta ramon, con el deportivo del martes ! take pkg ----al volver de la ultima pausa ... stop for nat ! take vo ---tenemos una visita musical, stop for nat ! take vo ---tenemos una visita take vo ---tenemos una visita musical, take vo ---tenemos una visita musical, con nosotros "the tenderbox", enseguida ! wipe vo take vo --y ademas: peliculas en facebook? si, ya es posible !

the sec and ftc. i will be happy to arrange that. >> the growth illustrates that federal regulators had failed to keep up with market innovation and development. regulation could not keep up with innovation and dynamic action taking place in the markets. can you ensure that dodd-frank and the regulations will keep pace with the innovations in the financial markets? >> it is a good question. what it does is give us the tools to do that. we have to implement them. previously, we did not have a system where we could look at risk across our entire system. we regulated banks and had regulation of other entities. we have an entire shuttle banking system developed and we had all this risk being taken on by firms that were not subject to regulation. aig is a classic example. there was no federal regulation of daiichi and it engaged in derivatives that were destructive. we have wound that down and there is the reason they will repay the government every dollar we gave them. >> we heard testimony earlier and on

this week, your committee voted to overturn the sec ruling on the neutrality. you used -- fcc ruling on net neutrality. you used a specific law for this. >> this was a law that was passed in a bipartisan manner in the senate back in 1995 to address regulations. the congress said, wait a minute. we do not agree with this. the advantage, frankly, for those of us who seek to overturn wreckage -- a return government regulation of the internet means that it can be put into effect. 40 senators have signed it. it has to come to the floor. it is not subject to the filibuster. if you are wanting to do something about repealing our role, the shot clock has started at 60 days. it gives you a real opportunity to move an issue forward and not get a road block in the senate on a filibuster. >> i will read you two things to get your response. these are from your colleagues on the democratic side of the committee. henry waxman, "republicans could not get a single major broadband for a brighter -- broadband provider to testify in support of the resolution. ." "to upset the appl

you or the sec? >> it is clear that the sec has jurisdiction if a consumer has a complaint. >> so you will stay out of that whole area. is that what you're telling us? >> no, congressman. congress has made that boundary. those who invested in bank stocks, the same way that those who invest in their plan stocks -- >> but that is not your jurisdiction. is that correct? >> my jurisdiction is consumer financial products. among the people who are interested -- >> i understand that. i thought you had entered the question clearly and now you're backtracking. >> i am not backtracking el. >> does the bureau -- i am not backtracking at all. >> does the bureau provide protection to those who buy stock? >> its is the jurisdiction of sec to deal with consumer complaints about stocks. there is no reason for the consumer agency to be involved, yes, sir. >> so you will stay away from that area. >> we will not go beyond our jurisdiction. >> ok. >> the other question i have is, in going through your testimony, it says

you mentioned the sec. am concerned that many of the summit activities that we have on a bipartisan basis been investigating -- i think we need to have the access that, quite frankly, dodd-frank, with bipartisan support from this committee, almost got with transparency. we still have to get back to getting that transparency into what was dodd-frank. if i could throw a slide up, i just want to go through a couple of these. it illustrates probably the most important point you are making today. it is the 2-3 step credit rating crease. go to the next slide. real examples -- wells fargo, if their cost of mey is 4.81 vs -- if goldman sacks, often vilified here, but if their cost of money is just under 5% while national city is over 6%, that is not the three-quarters of a point you're talking about. barclays bank is that 4.39% vs. the tnt -- bb &t. huntington national bank has 6.54%. let me ask it to you in a different way, as a former businessman. if i am among the most creditworthy companies, the fortune 500, do

on february 16 and march 2 of this year i presented an update on the sec budget preparations for the 2011-2012 budget. i advised you that the occ 10% targets are $235,000 in the first round, and $235,000 for the contingency round. we submitted the occ budget to the mayor and comptroller on february 22, 2011, with these reductions, which are all personnel costs. since 90% of the occ's budget is personal cost. our budget analyst advises me there is nothing new to report at this time. we continue to be hopeful that the budget reductions will not be taken and that occ will not have to lay off any of its 34.75 positions. that concludes my remarks. commissioner dejesus: this is discussion and possible action item. are there any comments on this report? commissioners? thank you. is there any public comment on item number 3? hearing none, public, disclosed. -- public comment is closed. do we pass that before he arrives? until he arrives. we will pass item 4, col item 5. >> item 5, reports and announcements. the first is the chief report, a report on crime statistics, review of recent activit

there was no crisis warranting the sec -- fcc deviation from the historic approach. the fcc admits he conducted note market power analysis -- that it conducted no market power analysis. one technologist warned in 2010 couldop-ed the fecc sweep the entire internet into the big tent of regulation. does this mean that customer needs will take second place and a vibrant industry becomes a creature of government rulemaking? this will also make it harder for upstarts to compete with web incumbents. new entrants will have fewer resources to abdicate and will lack the needed flexibility to strike deals to create -- compete. what is even more universally damaging is the rule's potential to destroy the ability to raise capital. we will also hear that the rule will transfer wealth from broadband providers to application providers. that does not begin to grasp the party -- problem for both parties. the transfer of wealth can be beneficial to one at the expense of the other. the transfer of wealth that will ultimately cripple the party upon which the other allies for its existenc

many are exhausted and the sec. they have been traveling for days to get here. fleeing from the terror and the turmoil that is libya. >> there has to be massive effort by not just one country, but easing the situation a little bit. governments have to take action right now. >> many end up sleeping rough on the roadsides. for the fortunate few, there is a transit camp set up by the tunisian army. these people are living like refugees, but one of them said it would have been worse to stay in libya. >> [unintelligible] >> the united nations refugee agency has called for an area of the evacuation. so that all of those can get home. these people are preparing to sleep on the roadside yet again. where it is cold and miserable. >> and the u.n. general assembly is suspending libya from the united nations human rights council. the accused libya of committing gross a systematic violations of human rights. it was human rights council in geneva yethe requested it, but t was up to the general assembly in new york to actually do so. the fact that it did is unprecedented. it w

periods of moderate to heavy rain sec. up to an inch an hour at times.ight now the ground already is so saturated from the recent rainy can't take any more rain. that is why there's potential flooding. mainly this will be from 7:00 a.m. to 11:00 a.m.. this will coincide with winds, a wind advisory effect for the entire bay area. the purple one your screen represents the highest wind warning. the strongest winds will accompany that storm between 7:00 a.m. and 11:00 a.m.. twins 35 mi. an hour and gusts to 45 could bring down trees and power lines. we could see that there again tomorrow morning. like tahoe, up to 2 ft. of snow expected tomorrow up to 6 in. on friday. we will continue to see more fresh powder in the forecast for the next couple of days. here is a look at your 7 day around the bay, big storm out there tomorrow with the possibility of a lingering thundershowers in the afternoon. friday light showers, mostly just right and another storm on saturday morning. then we will finally dry out through the week. >>catherine: rob his back, new home sales

excuse me a sec. another person calling for her grandmother. she thinks it's her soup huh? i'm told she's in the garden picking herbs. she is so cute. okay i'll hold. she's holding. wha? (announcer) progresso. you gotta taste this soup. you don't decide when vegetables reach the peak of perfection. the vegetables do. at green gnt, we pick vegetables only when they're perfect. then freeze them fast so they're are as nutritious as fresh. [ green giant ] ho ho ho. ♪ green giant >> mike: the stanford women knew they were going to the ncaa tournament probably as the number one seed. but ucla didn't care. they gave the cardinal a scare. ucla had other ideas. late first half. walker, the three. bruins up 9 at the breafnlgt second half. campbell connects. the cardinal are champions for a reason. ogwumike, the opposite board, the putback and the foul, she had 15. then the freshman tony, a 10-0 run of her open in the final five. career high 17 for tony. stanford wins its sixth straight pac-10 tournament titlele. >>> pack so men's final. arizona and washington condoleezza rice checkin

excuse me a sec. another person calling for her grandmother. she thinks it's her soup huh? i'm told she's in the garden picking herbs. she is so cute. okay i'll hold. she's holding. wha? (announcer) progresso. you gotta taste this soup. you don't decide when vegetables reach the peak of perfection. the vegetables do. at green giant, we pick vegetables only when they're perfect. then freeze them fast so they're are as nutritious as fresh. [ green giant ho ho ho. ♪ green giant

take vo.... 3 sec of nats..... --- hoy en santiago de chile, el presidente barack obama se refiri a latinoamericacimiento" y dijo que era un ejemplo de cambio democrtico. --- aÑadi que los pases hispanos son hoy, ms que nunca, importantes para la prosperidad y seguridad de los estados unidos. --- tambin exhort a los gobiernos a luchar contra la corrupcin, a generar ms oportunidades y a respetar los derechos humanos. --- maÑana el presidente obama contina hacia el salvador, tercera y ltima escala en su viaje por latinoamerica. cu - calls tease --con la visita del mandatario estadounidens e, cree usted que traera esto algun impacto a nuestros paises? --opine mas adelante pero comience a llamarnos desde este momento al 1- 866-229-4848, tambien puede escribirnos atravez de facebook, somos: telemundo san jose. anchor ---primer avance de telemundo deportivo con ramon diaz ... en san francisco inicio el caso contra barry bonds... ---- te escuchamos ramon con los detalles! take sot - primer avance deportivo gracias cesar... con la seleccion del jurado dio inicio el caso de perjurio contra el rey del cuad

[ beeping ] >>pam: a livermore mother was sentenced today after pleading no contest to sec's charges against two teen boys. kron 4 was in the court room and has the latest details. >>gabe: that's right pam, christine was sentenced to five years state prison here the of the media county superior courthouse in hayward. her attorney said she would do half of that time and are then likely in state prison. it was a packed courtroom today, family members on both sides including the two teenage boys. they were in the court room. she had her attorney told the court room that she was very remorseful and sorry about the incident. her husband told me afterwards, he's going to stand by his wife of 22 years and helped her get through this tough point in her life. >>pam: thank-you for the update on that. the mother they're sentenced to five years in state prison. we have much more news and weather coming up after the break. stay with us. >>louisa: this is a shot from ocean beach, we do have a high surf advisory in effect. it has been downgraded from the morning but certainly a concern. storm track

the you con women are advancing to the semifinals for the 18th con sec diff season. seem to be a oven a crash test with stanford. we -- kickoff will originate from 30-yard line to the 30. how about this move while former loyals, tj watson spins away from the layoff. 114-81 tonight. and the women will be back in action tomorrow night. >> all right, we're coming back at 11:00. ,,,,,,,,,,,,

you or the sec? >> it is clear that the sec has jurisdiction if a consumer has a complaint. >> so you will stay out of that whole area. is that what you're telling us? >> no, congressman. congress has made that boundary. those who invested in bank stocks, the same way that those who invest in their plan stocks -- >> but that is not your jurisdiction. is that correct? >> my jurisdiction is consumer financial products. among the people who are interested -- >> i understand that. i thought you had entered the question clearly and now you're backtracking. >> i am not backtracking el. >> does the bureau -- i am not backtracking at all. >> does the bureau provide protection to those who buy stock? >> its is the jurisdiction of sec to deal with consumer complaints about stocks. there is no reason for the consumer agency to be involved, yes, sir. >> so you will stay away from that area. >> we will not go beyond our jurisdiction. >> ok. >> the other question i have is, in going through your testimony, it says

still idea about sec no if he is changing this laws a few years ago i'm out of a machine right bass would have taken around a hundred hours to make this beautiful piece of playing. but nowadays i've got these big automated drills. and they can do them in sweats. and i saw it i go to take a look at the finished article. this is what a brand new claim looks like the seats the business clothes and then sixty in economy. i thought this should be in the case of the exits all here and here. but of course the really impressive stuff is in the cockpits right on a straight into the captain's chair here. and feel very important the controls but hopefully i can find it. like everything yeah great. the planes have only been in service since two thousand and nine but with move and two hundred orders worldwide the people of fast so busy few years ahead of them. so that's what six weeks work for ten thousand people that like one day in order for rates may be coming to an asterisk the year. the am one forty eight may already be flying around russia but i wasn't ready to catch a lift back to moscow just y

on the subject of pornography, there was an article dated march 8, and the headline reads, "sec employees in denver busted for looking at foreign -- looking at porn." locally, there was an article in "sfgate" with the headline reading "ex-cub scout leader sentenced in child porn." on subject finances for medicare, there was a headline on yahoo!'s news dated february 17, talking about medicare scams worth $225 million. this was something that was described as a massive, nationwide bust that snared more suspects than any other in history. i think those items need to be included in the work for this committee. in regards to the committee in terms of audit and oversight, i had a long discussion with the supervisor who started the committee, and he mentioned that he thought it would be an aggressive committee. unfortunately, after he left as head of the committee, in my opinion, i feel that this committee has underperformed, especially under supervisors mar and elsbernd. i hope under the current leadership, that it will be an aggressive committee, and it will look into items that deserve atten

excuse me a sec. another person calling for her grandmother. she thinks it's her soup huh? i'm told she's in the garden picking herbs. she is so cute. okay i'll hold. she's holding. wha? (announcer) progresso. you gotta taste this soup. you don't decide when vegetables reach the peak of perfection. the vegetables do. at green gnt, we pick vegetables only when they're perfect. then freeze them fast so they're are as nutritious as fresh. [ green giant ] ho ho ho. ♪ green giant fixing the name. it'siber none. looks like one. well, i know. i put an "n" there. ah! fiber one honey clusters cereal! that's really good! it tastes good, so there can't be fiber in it! it's actually got about half a day's worth of fiber. [ asst mgr ] it says so right on the box. [ fiber seeker ] really? try it. [ mr. mehta ] honey, touch of brown sugar, crunchy clusters -- any cardboard? cardboard no, delicious yes. so where's the fiber? maybe it's in the honey clusters. [ male announcer ] fiber one. cardboard no, delicious yes. >>> a newly approved laser treatment promises to help with an unsightly pr

still idea about sec no if he is changing the laws a few years ago i'm out of a scene like bats would have taken around a hundred hours to make this beautiful piece of plane. but nowadays i've got these big automated drills. and they can do them it's what. else saw it i got to take a look at the finished school. this is what a brand new plane looks like the seats the business clothes and then sixty in a color me. with a look at be in the case of the exits. i'm here. but of course the really impressive stuff is in the cockpits right on his traces in the captain's chair here. feel very important the controls that fully look and feel a bit. light everything up yeah great. the planes of and you've been in service since two thousand and nine but with movement two hundred orders worldwide the people at fast so busy few years ahead of them. so that's what six weeks work for ten thousand people like one. for eight maybe coming to an asteroid the year. may already be flying around russia but i wasn't ready to catch a lift back to moscow just yet there was plenty more i wanted to see in the roa

and serve to settle us but these are really all we have been infiltrated for many years know by the sec less and if everyone is just. a part of the settlement the settlement is closely connected with. the security presence of these heavy unfortunately there are people who are trying to kill us and many of the terrorists that wander around trying to blow themselves up anywhere from. haifa. have come out of comfort zone and the presence the military presence here is is is to protect us but it's also to try to weed out these terrorists and see to it that they don't just tell a few from blow themselves up. although legally they are there to protect everyone to impose the law on everyone that the actual soldier stationed there understands his job as protecting the settlers and stopping palestinian terror. ok so we will start probably will be guided by. one. well there are two left in our failed favorite is the spokesman for foreign press of the settlement that had brought an office documenting our work i just offered him to speak with you guys to give their point of view and they refuse beca

the course of action, repealing the sec, will really hurt. i care deeply about maintaining our leadership in the world marketplace. 11 years ago, i co-founded zi pcar. it is only because of the east, a speed in 0 marginal cost of preserving a car that anyone would be willing to wented for an hour or sell in ours card time. it would simply not exist without the internet. neutrality roles of elimination will put it as a significant disadvantage. it prevents the telecommunication industry to destroy mdiscriminate. imagine if they are forced to rely on the partnership or had to ask permission to exist. it would have been seen as implausible and threatening. we cannot rely on the telecommunications industry to define the internet. these companies will define the internet for their triple play. they will seek to squash any service that their and their revenue stream. this is not just speculation. it is personal experience. during the initial years, the wireless and she was unable to think of outside the box. when we approach cell phone companies, w

at&t still needs approval from the share holders and the sec. the earliest we are looking at is early 2012. hold on if you are looking for better coverage. >> and t-mobile customers, you might get an i-tone if you want one. >> very soon. >> thank you, grace. >>> a rock slide has left a couple dozen santa cruz county families stuck in their homes tonight. it happened in scotts valley this morning. it is a remote area in the santa cruz mountains. chopper 5 got these picturings earlier today. the county won't have this mess cleared up until at least tomorrow. >>> and hundreds of people were escorted out of yosemite park after a snowstorm forced the closure of all roads in and out of the valley. the storm dumped three and a half feet of snow in 24 hours and the roads are clogged with snow and mud slides and fallen trees. the power is out across the valley. the park officials expect the roads to remain closed tomorrow >>> i think roberta was telling us that the ski resorts in the sierra will stay open later this year. >> many are extending their seas

excuse me a sec. another person calling for her grandmother. she thinks it's her soup huh?'m told she's in the garden picking herbs. she is so cute. okay i'll hold. she's holding. wha? (announcer) progresso. you gotta taste this soup. you don't decide when vegetables reach the peak of perfection. the vegetables do. at green gnt, we pick vegetables only when they're perfect. then freeze them fast so they're are as nutritious as fresh. [ green giant ] ho ho ho. ♪ green giant >>> welcome back. temperatures kind of all over the scale with phoenix being the warm spot with 87 up to fargo, 30. heading to the east coast, 60 d.c. but 45 atlanta? that's kind of unusual. let's see why. there's a chance of severe weather. the cold front moving through. no delays right now north to northwest. our flight tracker will have them when they develop, abc7news.com. kristen. >> mike, thanks a lot. in two hours a controversial congressional hearing gets underway. the chair of the house homeland security committee says the muslim community is becoming more radical and dangerous. jenelle wang is l

early finish but my prediction is the fight me and i'll even go ahead more enough coming up in just a sec. are you with us this is what's today i'm you know me let's take a look at the headlines. taking nothing for granted russia ball stick out like out warns against the threat the book stockport says our media knows that in this weekend's local. ice capades the free scoring local team steve defense in the first of this year's cage ill semifinals tonight we take a look at how that took place. hard day's night in the n.b.a. sees the lakers now a triple overtime victory against. quite an amazing football is where we begin the twenty twelve european qualifiers get back underway this weekend's russia troubles for a media with manager dick advocaat warning his side have a tough old task ahead the recent squad they are in moscow currently for training before flying out of friday although other cats charges group points for me are only two behind a blow for russia is the absence of the neat defender alexandra newcomer was suspended so caution was the tone of the noninterest press conference end

rodents per group or forty rodents per group and so when we came in and did one hundred fifty rodents per sec for group it was very important results as a rule the us and t.p. sacrifices their rodents aster to years of life so their experiments usually take one hundred in ten weeks that's considered the gold standard. whereas our experiments are lifespan and rather than interrupted the experiment and sacrificing the animals at one hundred ten weeks are our rodents live out their natural lifespan about fifty percent of what they have studied has proven to be carcinogenic and about fifty percent of what we have steady there is data that shows that we actually only have scientific information hard data on about two percent of all chemical known chemical substances so it is a huge discrepancy between what we know and what we don't know unfortunately we as citizens tend to confuse the absence of evidence with the absence of risk that. if an agent has not been adequately studied adequately and i would add independently studied it does not mean that it is safe. tentative of industry to procrastinate

now the sec is backing a proposal to make top executives at big wall street firms wait at least three years for their annual bonuses. it also supports dumping a requirement that money market funds invest only in securities with credit ratings. then the funds would assess the securities themselves cutting the influence of credit rating agencies. >>> the important deadline today that could put the end to the upcoming nfl season even before it begins. >>> and backlash over publicity stunt involving thousands of balloons. the reason why some people are upset. >>> welcome back to the morning news. we have an update on a story we first told you about yesterday morning. a 58-year-old homeless woman has now been arrested on suspicion of fatally shooting a jewelry store owner in san francisco's north beach neighborhood. the body of lynn was found inside his business tuesday night. police also arrested a 31-year- old man on burglary charges. but he is not facing murder charges. >>> san francisco police are asking you to help find a man suspected of a hit-and-run. that happened on friday about 3

the australian captaincy end of new year indeed we've got of course the rest of the sport in just a sec right. here with sports today here on twenty four hour r t i n you know male our headlines this hour. friendly fire it's the clash of the future world cup hosts currently taking place but russia and tar going out it's an international war about. bach and it's mesler egregious the deficit in their cage l semifinal series that sell about you lie of the kicking game three in overtime. on grasping gold the host nation dominates the first ever diving world championships in a place here. let's kick off with football though where it's twenty eight team versus twenty twenty two currently with future world cup hosts russia and cats are going head to head the sides meeting in a friendly in now it is just about half time of the khalifa international students the score is one of one it's hard going one the last early on before the public good goal of thirty four minutes level that matters before that the russian said on the wanted not shown a record for failing to score a cool britain the previou

moment as this shouldn't even be there but there they are they are winning all right in the sport just a sec. good to have you with us this is sports today i'm you know these are some of the stories we're covering over the next ten minutes or so. bytes all of the underdog atlanta keep up setting the odds on the ice moving to within one game of h.l. final. note for me reveals he came within hours of taking over the indian national football job in two thousand and seven. on the landmark lady kim clijsters brings up with number five hundred following victory over maria martinez sanchez of the sony ericsson. let's get going with the concept of hockey league playoffs where atlanta just can't seem to put a foot wrong in the semifinals there on her old inside from just outside the capital storming to a three nothing lead over luck motif on sunday meaning their knowledge just one win away from the league decider constantine to top off watch the action unfold. atlanta returned from yasser in an decidedly positive mood after winning two way matches and the full house in the expected more as the moscow

the sec is what we are internally doing, and the third is lessons we have learned. we thank you for adopting our legislation as a board. we have been concerned about how to implement it, obviously, because we are a large organization, but if you look at the next 10 years of the city and expectations for city spending on capital programs, it was the scene is resisting the largest apartment impacted -- it was the single largest department impacted. during the actual framing of the legislation, we want to thank supervisor avalos and others for welcoming ways to make it more successful. we are happy with that. since it has been adopted, we have been acted -- active in all the work-related discussions. i am on the policy group as set up by naomi, and everyone has been great to work on with this. i have a number of staff working on the working groups. so we are looking forward to it. and again, not to repeat too much, but taking advantage of this ordinance, streamlining how we do current processes and taking advantage of this to make the whole process even easier and bett

we do indeed rubina are leading the way after just two weekends with a look at the leader in just a sec. and this is here with all the sports this hour our headline. ice age my divorce tie the key child quarter final series with calvin garza three games apiece meaning the winner will be decided in game seven on monday. causing a splash china live up to their billing out the world series of banks in moscow pocketing all four goals up for grabs. cost glories thirty one years ago british olympians dealy thompson on allen wells in gold at the most two games we catch up at the paris they retrace everything's. going with russian for three premier league games have not finished title contenders routine storming to the top of the table courtesy off at two no win over trek grozny the side two from true thanks to strike from venice come again this on christian noboa either side of the half time break rubin are seeking a third russian championship in four years in the days hoping to include bun nailed on their first points of the season feeling rock bottom of seats on by the same score actually wo

five more so no time to get worried at the moment we'll have a look at their latest results in just a sec. well that's what's the big good to have you with us our headlines this hour. the russian vitaly petrov reaches the full no one podium for the first ever time finishing third at the season opening a stream grand prix. all changed russia say goodbye to the top of their euro twenty twelve qualifying group for now after feeling to break the deadlock against armenia . on the ice to la plante ancel about move closer to the garden cup finals both moving up in the respective series over the weekend. showing he's got what it takes to contest in formula one the russian earning first ever podium finish at the opening race of the season in melbourne but the borg rocket only bettered by pull to flag winner with sebastian vettel lewis hamilton patrol for putting aside the nurse. since last year to assert himself as a more than capable replacement for injured teammate. the results also the first podium finish for russia as a country that's will no doubt in great spirits to remain champion a full tw

have all the updates on the russian probably league and all the sport of course today coming up just a sec. if you're with us this is sports today i mean take a look at some of the stories we're covering this hour. one to go. or take the last remaining semifinal spot in the cage shell with their deciding game seven she moved from. making a splash china live up to their billing up the world series event in moscow all four goals up for grabs for the weekend. past glories thirty one years ago british olympians dealy trumps another all in wells gold two games but the current race. let's get going with. three premier league games have not finished up title contenders rubin storming to the top of the table courtesy of a two no win over to record grozny that his own side trip to strike from. christian no boy either side of the half time break routine are seeking a third championship in four years. their first victory of the season at home to luck. on their first points of the season facing the rock bottom at the same school. the most between the sides in the game and thompson both sides low on da

excuse me a sec. another person calling for her grandmother. she thinks it's her soup huh?cking herbs. she is so cute. okay i'll hold. she's holding. wha? (announcer) progresso. you gotta taste this soup. you don't decide when vegetables reach the peak of perfection. the vegetables do. at green giant, we pick vegetables only when they're perfect. then freeze them fast so they're are as nutritious as fresh. [ green giant ] ho ho ho. ♪ green giant with the state's budget broke ans agree to ex >>> good evening. i'm juliette goodrich. here's what we're working on for eyewitness news at 6:00. with the state's budget broken, will californians agree to extend expiring taxes? we have exclusive poll results. plus, what it would mean for california classrooms if voters give those tax extensions a big no. those stories and more coming up at 6:00, allen. >> we will see you then, juliette. thanks. >>> charlie sheen may be out of a job but it's not stopping the actor from continuing on with his some call a public meltdown. >> judge me condemn me, discarded me. well, ha, not anymore. winn