>> that's typically how the sec does it. they come in after the crime has been committed, they toe-tag the victims, count the bodies, and try to figure out who the crooks were after the fact, which does none of us any good. >> stahl: the mastermind of the ponzi scheme of all ponzi schemes, bernard madoff, may be in prison, but he is hardly forgotten. his untidy little business that bilked thousands of people out of billions of dollars is no more, but the big question, "where did all the money go?" remains unanswered. irving picard is the court-appointed trustee assigned to find that money and return as much of it as possible to madoff's investors. it's a daunting and thankless task, for while he's suing whoever he can on behalf of the victims, he's also suing many of the victims, those, who he says, benefitted and should have known they were investing in a house of cards. in june, 2010, picard and his chief counsel david sheehan sat down with morley safer to update us on the legal battle. >> safer: just before the whole thin

>> this is the department of justice today, not the sec be at adam: but everybody expects the sec to follow suit. speak out i think they are going to do that eventually. what i don't know is if the administration law judge hearing the case will grant a lifetime ban for basically failure to supervise your broker. it is one of the least serious of the sec offenses. they may get what they are looking for and eventually they're going to get mr. steve cohen out of the brokerage business. but i don't think in general has used very high penalties. the statement you quoted me was about the general sec behavior toward most financial institutions and even in the london will case you don't see the sec suing any individual offices. lori: this is a victory for those look at this saying sac se cohen not able to buy himself out of this one. >> cohen will still have seven to $9 billion can trade for his own accounts. he is not coming out of this homeless, carlos and bankrupt. he is going to have a relatively happy economic existence. he had no choice in settling this case because if he waited for th

on a schedule that will be figured out by the sec and subject to the sec's approval. you know, you have an insurance policy with respect to how long the wind down takes. my expectation is, you don't feed the whole five years necessarily but it's there. final question. >> [ inaudible ]. anecdotally the suggestion less than it used to be. we have seen from cases we've had including in wire taps of people who had not yet been charged when we were conducting some of the arrests we were conducting. you can tell from their conversations that they were a little more hesitant to engage in that activity. if you look at the nature of the legal business and compliance business at a lot of places they will tell you anecdotally that a lot of hedge funds have come in and other institutional traders have come in to figure out ways to -- ways to figure out red flags better, deal with expert networking firms better, try to figure out ways to make sure the hiring practices are better. overall, it seems to me from anecdotal evidence and common sense that when you see, you know, 75 peopl

>> hold on one sec. >> invite them on the tour! >> yeah, hold on one sec.ania. >> really? >> yeah. >> that's kind of a big clit. hey, oscar. whoo-hoo-hoo. um, how much of a hit is 10% of our blue cross account? >> ten percent? >> yeah. >> th're our largest client. >> yeah. >> that's gonna hurt. >> hold on one sec. hold on one sec, tom. what's that? you found five golden tickets? and does it say "limit one per customer"? nope, it doesn't. how do you not spread out the tickets into different shipments? >> i thought i did, so no harm no foul. >> okay, well, i'm gonna go call corporate to make sure that they know i didn't lose half my sales. >> you didn't. that...it'll be fine. it'll be good. [door closes] hey, hey. hey. you idiot. >> start over. >> sir, i placed a bunch of golden tickets into five separate boxes, and somehow they all ended up with blue cross. how does this happen? >> were the boxes near each other? >> irrelevant. >> i put three pallets on the truck to blue cross once a week. they use a lot of paper. >> okay, i'm going to ask you something, and

they are talking about sec aboutsecsection. >> ronnie's roots run deep in la salle. but lately the sylvester's say their home state is a house divided. >> there is is getting to be such a great disconnect and unfortunately it's kind of drawn a line between urban people and those on the land. >> the sill ves sylvesters sight newgunregulationsandmarijuana law newgunregulationsandmarijuanalaa laws have changed the air yeah. >> that frustration is fueling the secsession drive. he is ru rural counties are votg to become a new state. >> secsession was a packed meeting. >> i had grew up in the westerne and this does not field like home anymore. the odds are stacked heavily against secsession. and first it has to pass in the stated house and them in congress. it happened ones buffed in 1820 when maine broke away from massachusetts in 1 1863 west virginia carved the themselves t of virginia. people have no idea word their food comes from and w where ther natural gas comes from. let them know we exist and pride divide something that they need. they lack the numbers to pull it

the latest round of sec filings shows the berkshire hathaway picked up by new state. he disclosed a $3 billion position. exxon shares are underperforming the market this year up to 7%. the snb has soared more than 25%. lori: breaking news, the cme group confirming that it was a victim of what they are characterizing this cyber intrusion. shares still up. now, four of the biggest banks in the country facing downgrades . moody's facing long-term downgrades. the ratings firm citing lower chances to be bell done in a future crisis. the downgrade could make it more expensive for the banks to find themselves. ashley: food is about to get faster. mcdonald's is adding another window. apparently to just is not enough to keep service beat.

tonight live from washington with the explosive details from the sec well to "game change" and joining me to talk about and and more, who else on halloween but an -- ann caulter? >> and boston strong and stronger. the city bounces back after the bombings. i'll talk to the most injured

you have something in common with the employees at sec. they're being subjected to intense work place surveillance. is it a case of micromanagement gone bad? we'll break it all down in today's money talk ir. do you ever melissa: acing s.a.t.'s and getting class president and that those are all good but if you don't clean up your facebook profile, it may not be enough to get you in college of your choice. a lot of applicants saying that their internet footprint may get them from being accepted into their school of choice. lacy, the let me start with you, according to a survey, 70% of the colleges facebook profiles african date are medium or high priority during the admission process. do parents and kids know this? >> i think they're starting to know this. i know of many schools that have been emailing article from the "new york times" around frantically to their seniors. some who already submitted their applications. so, i think, the lid might have been lifted off this just this week. melissa: adam, it strikes me that there are a lot of pro

they played a georgia team, second in the sec right behind alabama and they rushed for 400 yards.auburn has been on a terrific run, over 400 yards a game. auburn with their pace offense, they run up tempo, it's going to be very, very hard for auburn to keep up. auburn might start slow but they'll be able to ramp up abo. >> tietiotigers, last time aubun the iron bowl, they were led by cam newton who also won the heisman. to really put a stamp on the final resume to win a heisman before he leaves tuscaloosa? >> you saw with johnny manziel last season, this was his heisman moment. this is a season where he could have that. he might not get to new york but if he has a big game, especially what's going on with jamie swenson and johnny manziel, a. j. mckaren can do this in an atmosphere i don't think he has faced before. >> thank you for your insight. first time in his career he's done that and the stage will not be bigger than tomorrow right here at jordan haire stadium in auburn. >>> expecting 150,000 fans on campus, even though the stadium seats 80,000. liesk report on al jazeera ame

it should be put onward by the sec. the role here should be secondary to the sec moving forward. the sec has primary responsibility. >> what is the relationship of financial advisors to the consumer? >> fiduciary relationships have all sorts of legal implications which would limit in many ways the ability of people to give advice in a constructive way or maybe even not allow it at all. it depends on how the term fiduciary is interpreted under the advice being given. for example, the dol fiduciary language would have barred people from giving effective advice to folks who wanted to use it who had smaller accounts. we have another situation like this in the area of municipal bonds where advisors are subjected to fiduciary role that bars them from giving the types of advice that the community might want or the bond issuer might want. they will find themselves unable to give the advice which would allow that issuer the most opportunity to get the return they want and pursue the course they want because of the limitations that are arbitrarily in the fiduciary language. >> a prominent

you have something in common with the employees at sec.re being subjected to intense work place surveillance. is it a case of micromanagement gone bad? we'll break it all down in today's money talk ir. do you ever have -- money talker. do you ever have too much money? at od, whatever busess you're in, that's the business we're in. with premium service like one of the best on-time delivery records and a low claims ratio, we do whatever it takes to make your business our business. od. helping the world keep promises. it's been that way ysince e day you met. but your erectile dysfunction - itld be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you cabe more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitr

former sec commissioner and he joins us now.as surprised by the number of times of the "wall street journal" dug up that this had happened. over time of 120 days. the lower the guidance. >> it may not be. depends on what the causes are. it's always technically possible for these guys of things to be legal. the one thing i learned in my many years at the sec, something seems to be coincidental to frequently, it is a good indication that it was not a coincidence. melissa: one case in particular that they focused on, the chief executive of novato wireless. they issued guidance, found out during this time that the largest customer, sprint, was changing their product, going away and it would be a big blow. the time they reaffirmed guidance. he sold stock. they did everything they could to try and keep the business, but it did not happen. lo and behold when they issued earnings it was a big mess. the stock went way down. avoided losing or sold $3 million worth of company stock during that time. does that sound like a clear case of ins

the firm will pay $1.2 billion on top of more than 600 million it already paid in penalties to the sec. liz: speaking of penalties johnson & johnson stock declined today after the consumer goods giant agreed to pay 2.2 billion so settle civil and criminal allegation that is it improperly marketed three of its prescription drugs. adam: twitter raising the price range for the ipo later this week due to heavy demand. the company expects to sell 73 million shares at 23 to 25 bucks each. that is up from the previous estimate, 17 to $20 a share. liz: we have new economic data out showing u.s. factory orders increased by 1.7% in september. that is in line with expectations, helped by strong aircraft orders. there was a decline of .1 of a percent in the previous month. adam: dallas fed president richard fisher says what he calls ineffective and fiscally irresponsible government has slowed the u.s. economic recovery. he says the government has counteracted the fed stimulus. liz: hsbc geting a boost from its latest earnings report. the global banking giant said earnings surged 2% despite a slowd

. >> verne: we billed this as battle of two of the outstanding quarterbacks in the sec.nberger, 221 tonight. but mccarron with another terrific night. here's mettenberger, first down and seven. out of the backfield. jarrick williams number 20. uses his body made the stop. gain of about 20. >> gary: great sportsmanship by odell beckham, he peeled back and blocked c.j. mosley, i had to do it, had to lay you out. >> verne: first and ten. mettenberger in trouble. avoids the tackle. mosley again. >> gary: a little nimble. who cares. he's as nimble as joe flacco and he won a super bowl. who cares. he can throw the ball, you know what you're doing. you can play quarterback in the nfl. >> verne: second down 11 with 3:00 to go in this one. alabama impressed of the sec west for more significantly a third consecutive national championship. there's eight on eight again. jeoffrey pagan. >> gary: well alabama breaks 116th in the country in adjusted sacks. that means for the number of times thrown they don't get very many sacks. tonight they have had a factor with their pass rush. >> v

it's going to be a battle. >> regardless of what your record is. >> with the sec championship berth on the line, there is no down playing the 78th edition of the iron bowl. >> of course the real rivalry is on the field but it's also with the fans as well tailgating here, you got even auburn and alabama fans together cats and dogs living together, richelle, what is going on here? >> it's a crazy, crazy day for sure and everybody is going to be watching. already, thank you for watching al jazeera. "inside story" is up next. for updates throughout the day go to www.aljazeera.com. thank you for your time. consumer, is our "inside story." >> hello, i'm ray suarez. turkey and travel go together. this thanksgiving season its estimated 25 million people will be in the air. and according to an airline industry trade group we're all paying less in real dollars than we did in 2000, but you had more ti

for 2016 as you go through the process, but particularly when he was working as a lobbyist for the secsome of those dealings. i don't think all of those details have emerged quite yet. but it will be interesting to see what comes out in that book. >> and i always wonder when details come out how it affects current relationships like president obama and biden a little icy towards each other right now. we'll have to wait and see. kevin, you'll stick around for first buzz? >> i am. a lot to talk about. >> and we'll also be joined by bill karins, he'll be back for all the stories we're talking about this morning. we'll also tell you about the magic that one ferairy godmothe is spreading. but first, who was credited for first coming up with the idea for daylight saving time? we'll have the answer when "first look" returns. check it out. i can't believe your mom has a mom cave! today i have new campbell's chunky spicy chicken quesadilla soup. she gives me chunky before every game. i'm very souperstitious. haha, that's a good one! haha! [ male announcer ] campbell's chunky soup. it fills you

. >> verne: we billed this as battle of two of the outstanding quarterbacks in the sec.nberger, 221 tonight. but mccarron with another terrific night. here's mettenberger, first down and seven. out of the backfield. jarrick williams number 20. uses his body made the stop. gain of about 20. >> gary: great sportsmanship by odell beckham, he peeled back and blocked c.j. mosley, i had to do it, had to lay you out. >> verne: first and ten. mettenberger in trouble. avoids the tackle. mosley again. >> gary: a little nimble. who cares. he's as nimble as joe flacco and he won a super bowl. who cares. he can throw the ball, you know what you're doing. you can play quarterback in the nfl. >> verne: second down 11 with 3:00 to go in this one. alabama impressed of the sec west for more significantly a third consecutive national championship. there's eight on eight again. jeoffrey pagan. >> gary: well alabama breaks 116th in the country in adjusted sacks. that means for the number of times thrown they don't get very many sacks. tonight they have had a factor with their pass rush. >> v

staying in the sec there was a monster match up between number 17 an17 lsu and arkansas.he razorbacks were hanging tough all you arkansas fans. woo! but lsu down, and freshman throwing his first career touchdown pass. arkansas had had one last chance. and tigers are all over it. lsu wins a they willer 37-21. >>> after weeks suffering a nasty crash and tearing her ligament in her right knee, lindsay vaughn was back on the streets. the 29-year-old vaughn said three super g runs and her right knee which she injured last week felt pretty good. she hopes to compete in calbert aalberta,canada, and hopes to bi moscow in 69 days. >> stay with us. weather is next. and many thought a broke up after a pressure with the sun. now the comet that simply won't go away. we'll talk to an expert next. >> and now a techknow minute... >> and now a techknow minute... >> mission incomplete. last minute technical glitch scrubs the rocket launch. in the last minute count down engineers aborted the lift off. it's better to be paranoid than wrong and the launch may be r rescheduled in days. >>> the

it's a civil sec case, failure to supervise. melissa: that is the case a lot of people are making about this. do you disagree with anything he just said? >> i think i disagree with a number of things. one that, you know, this is the sad, maybe the sad commentary part is, i think a lot of people actually respect this firm. these people if they want to work will be very employable. but the bottom line, i think the problem here you have this bizarre situation where the institution gets charged but not any individuals for apparently runing a criminal enterprise. >> eight people got indicted and two awaiting trial? >> no. but we're talking about the management of the firm where you would say this is a rotten enterprise as opposed to several individuals. melissa: that is next? fred is that next? we need to see that because a lot of people are saying it won't be done until we see orange jumpsuits at the top? will that happen? >> you will see at least two. i still haven't heard the u.s. attorney say they agreed not to indict mr. cohen.

six former sec traders plead guilty and cooperating with the government. others are fighting indictments and awaiting trial and the agreement has no immunity for any individual including the company's billionaire owner steve coen facing a civil lawsuit from the securities and exchange commission and his firm will no longer be able to manage money for outside investors. this is mid reports and federal prosecutors are on the verge of a $13 billion agreement with morgan chase over that bank's questionable mortgage procedures and both cases challenging the notion that some firms are too big, powerful to the economy to prosecute. some say criminal charges against chase would be a truer test. >> sec did not pose the same risk to the economy of too big to jail problem as one of the major money center banks like city bank, bank of america, wells fargo or jp morgan would. if you had one of those banks charged criminally it would limit their ability to transact business and have massive lay offs and a real problem for the economy. >> the fines topped the 157 million

liz: but the 600 million -- >> but he doesn't work for the sec.torney for manhattan. now he's trying to say it's somehow connected, it's not. and i think the public, you know, has to -- i mean, here's -- why are we bringing this up? the obama administration is now in this sort of overdrive mode. they're basically telling the public it's holding wall street accountable for its sins, and as you know, following the financial crisis not a single bank, not a single top bank executive really has been, none of them have been indicted or charged. liz: so they're on fox business started e-mailing in on the chime and saying where are the perp walks? >> i like eric, but he's technically wrong about that because there have been plenty of perp walks. steve cohen has not been charged, but michael steinberg -- liz: we did have that video of him -- >> that was a perp walk. matthew martoma. my point is, the bigger point i'm trying to make is there's some publicity value out of this. they're trying to conflate this with the financial crisis. they haven't indicted a

the sec is looking to bar stephen cohen from the securities industry for life. this is almost a harshest penalty the sec can dish out to anyone. that has yet to be resolved. that is likely to be a major blow for someone who thought of himself and was widely seen as the greatest trade never his generation. >> sheelah kolhatkar of business week, thanks very much. >> egypt's first democratically elected president now on trial for >> ifill: egypt's first democratically elected president, now on trial for inciting murder was defiant during his brief first day in court. newshour correspondent kwame holman begins our coverage. with mohammed morsi arrival for his trial shown on state television marks the first time he has been seen publicly since the military forced him from power in july. the troil is being held at this highly fortified police academy compound. broadcaster kos not air statements from inside the courtroom but one of morsi's lauers said he took a defiant stand. >> when he came into the hall the lawyers began chanting in support of him. the president said

the attorney made one thing in this conference, the sec investigation isn't over. what do we know so far about the trading scandal? sheila has been closely tracking the case. thank you for being with us. >> thanks. >> kind of remarkable that this is bigger than the hedge fund would ever get. >> yes. and at the end of the day even after paying almost $2 billion to the government stephen coen will still have a very sizable fortune and of course his lifestyle is not going to take that big of a hit. he is still buy expensive painting, and still be admired on wall streert. >> sure. i think as journalists, we can fairly say some of the stuff that they are accused of having done are kind of disgusting. this is pure old fashioned insider trading. give me some examples of what they were accused of doing. >> yes, this is something new. essentially the government accused the company of allowing quite a large number of employees to trade on non-public material information, so that is information that has the power to move a stock price that other people in the market don't hav

. >> how big was hedg sec. >> iat it's apex it had $15 billion in assets under majoritmanagement. >>ifteen bill john. billion. mr. cohen was estimated at 5 5 5.$4 billionings. >> we watched as the tea party movement. a special election is exposing the true republican divide. >> as the su sunsets on the watr that defines mobile, alabama. he get to work. >> i have been a fan for a long, long time. he calls himself a true believer. the cause? the tat tea party. >> it will be a goodl godly cou. a country that god can look down on and say i'm proud of this country. >> right now he can't do that. he is campaining for this man, dean young. prom millinpromising to change n with confrontation. >> i can tell you right now barack obama does not want me to go to washington. we don't have a lot in common and so there won't be a lot of bipartisan ship unless these guys come over to our way of thinking. >> the other partner bradley burn. his statements are far from liberal. >> we are sending far too much money to other countries who do not honor our principles. we are sending billions of dollars to

. >> this is not the entrance to a football match or a concert, o or the latest music sec sayings.t's a high school that have come to their friend wish theird luck. it's a highly pressurized system and it's not just students feeling it. they come to watch their mothers and daughters. >> if you glad wai graduate froe you are proud you majored in a specific field. >> attitudes are changing thanks in part to a government policy aimed the a encouraging students to look at other careers this state robotic high school in soul boasts that most of 90% of students are given yox jobs somewhere without having to go to university. they are encouraging people to going to the work force. >> the companies still employ people depending on their background. but they should be selecting them depending on their skills. the number of registerric regism takers is down by 30,00 30,000 s year. but it's too early to say it's a complete hand set. it's a private industry worth almost $20 billion. most high school students see further lessons until ten at in and out. more often not they realize the teams of

secondary to the sec moving forward but serving not move before the sec moved which under dodd-frank has primary responsibility. >> what is the relationship of financial advisors to the consumer not consistently a fiduciary relationship? >> because fiduciary relationships have all sorts of legal implications which would limit in many ways the ability of people to give advice in a constructive way, or maybe even not allow it at all. depending on how the term fiduciary is interpreted under the advice being given. for example, in the dol case, the dol fiduciary language would have essentially barred able from giving effective advice to folks who wanted to use it in had smaller accounts. we've got another situation like this in the area of municipal bonds we're advisors are subjected to a fiduciary role that basically bars them from giving the type of advice that the community might want or the bond issuer might want, whether it's a college or hospital, will find themselves unable to give advice which would allow that issuer the most and best opportunity to get the return they want and t

hold on one sec. that was just a little over the edge. so let's tone it down. i think that you're more you want him -- you're happy you found him. i know he's -- you knew he was up here. but you want to back away. keep it in a little bit. it's a pretty tight shot. it's the tightest shot of the scene so far. so it just seems to me that if you're -- so i know he's up here. yeah. this is where you discovered him. it's like: what am i going to do with you? yeah. he's a kid. what am i going to do with you? (man) scene 7, shot 6, take 3. okay. and action. howard. what the hell are you doing up here? thinking? you don't walk out of a meeting like that! you don't just stand up and walk out! you leave a meeting, you say, "excuse me." you say, "pardon me." otherwise, they're thinking that it's something they said. they didn't say anything did they? no. okay. cut. next setup. jason, next setup, i think, is lenny. it's lenny and howard fighting. (man) scene 7. right. it's this mid-ground -- it's the dance. yeah. okay. so, um, it's on tracks, but i th

the first to 15 in the sec can't 72 under fisa amendments act. the to do 15 program his referred to as business records collection & ramp. one of the things the government collects his telephone metadata for terrorism purposes by the court and the 700 to programming is his electronic communications service providers and therefore did television -- television surveillance sections today hearing is possible recommendations regarding these programs as well as the operation of the surveillance court. just to be clear it does not necessarily represent their views or those of sobor the purpose is to explore a wide range of recommendations to assessed possible unintended consequences. the board believes in is in the best place to make these decisions with the options for another first panel will consist of officials of varying degrees of responsibility and after the first panel be will take a lunch break. this afternoon the second panel will include a former head change and to lawyers who have appeared before the court one on the government side and by

. >> we have about 30 secs. >> is it a smoke shop we're going to?uted ]. >> mobil gas station. >> florida attorney general pam bondi and i follow them in. >> we have a search warrant for this place. we've done some undercover deals, we've bought spice from here. just to let you know what's going on. >> the detectives begin their search and quickly focus on a locked door in the back. >> they do not have a key to this? >> nope. >> police, police, sheriff's office, search warrant. sheriff's office, search warrant. >> with the back room secured the detectives now find drug paraphernalia and packets of spice behind the front correspond. >> this is spice? >> this is all considered spice or k2. it's all synthetic marijuana. >> it certainly looks like they're trying to market it to kids. this was under the counter. they used to sell it prominently displayed. >> until it became banned, it was sold right up here. >> florida has been proactive, banning 127 compounds found in spice. >> it's amazing to me how they add chemicals to these plants and that's what ma

the sec is expanding its probe into the hiring practices of several more big wall street banks.authorities request information from both citigroup and morgan stanley bid blackstone group and hilton worldwide are meeting with potential investors ahead of the hotel chains plan ipo next month $225 billion ipo will be the largest ever in the hotel industry. retailers are not the only ones hoping to draw out shoppers on black friday. automakers and commending deals of their own for the holidays. featuring discounts, including gm, ford and hyundai. a new cell phone including ex-nokia engineers on the market in finland. it features 4.5-inch screen. and that is today's "speed read" the ad liz: microsoft does not like it. transportation authorities and travelers bracing for the worst as a winter storm makes its way up these goes good with nasser wind, colder temperatures coming. david: rick leventhal with the very latest. what a beautiful bridge. >> it is a beautiful bridge but it is packed and the weather conditions are pretty awful and getting worse the new york area with high wind gus

sec >> is it a smoke shop we're going to? >> mobile gas station. >> mobile gas station?rney general and i followed them in. >> we have an under cover deal. let you know what's going on. >> we will get through real quick and start getting names and run a few things. >> the detectives begin their search and focus on a locked door in the back. >> you do not have a key to this? >> we will have to do a forced entry. >> police, police, sheriff's office, search warrant. sheriff's office, search >> with the back room secure they find packets of spice behind the front counter. >> this is all considered spice. all synthetic marijuana. >> looks like they are trying to market it to kids. >> this was under the counter. they didn't sell it prominently displayed. >> florida has been proactive banning 127 compounds found in spice. >> it is amazing they add chemicals to the plants that's what makes it so toxic but they keep changing the chemical compounds so they can stay a few steps ahead of the law. >> except they are not any more. >> how is that? >> i can ban the new one. they are run

ap described as a one nine sec to sunday and a man with a thousand faces into the cacti jointly on second to fifteen minutes to explain how he was single handedly provides lots of pretense. was it you can make it disappear and even read your mind to death defying canadian and insisted on ci is also the us will not concede but. the but today it's the bits that view is what exactly is a quick change of mind of the community. it is not ancient italian art. it's not the most for centuries ago is the art of changing costumes and wigs and conduct of a week. personally i am in the guinness book of records one second and a cough this play records say once again have you seen it snow white and then frankish it is just an example. what made you decide to get into what he was. i was assuming anyone i was pretty young and in the budget tricks from priests which is not on duty will be cozy in the first and a bowl of boca of everything about magic was written but it is meat freezer yesterday and yes even our synod on the israel but to a man living my gi was still a shy boy so you need to tune to change

the role here should be secondary to the sec moving forward. the sec has primary responsibility. >> what is the relationship of financial advisors to the consumer? relationships have also to legal implications which would limit in many ways the ability of people to give advice in a constructive way or maybe even not allow it at all. it depends on how the term is interpreted under the advice being given. fiduciarye, the dol language would have barred people from giving effective advice to folks who wanted to use it who had smaller accounts. we have another situation like this in the area of municipal ares where advisors subjected to fiduciary role that bars them from giving the types of advice that the community might want or the bond issuer might want. they will find themselves unable to give the advice which would allow that issuer the most opportunity to get the return they want and pursue the course they want because of the limitations that are arbitrarily in the fiduciary language. blogger opined that the derivatives business is dead due to

developing whistle blower programs especially for non-profits because inform profit entities have the sec and other agencies looking at them. cities got it's own cities looking at them and mechanisms whether they are followed or not have those mechanisms in place. but the not-for-profit is pretty much nobody 's problem until something, until scandal hits. i would like to see something go into place sooner rather than later especially with all of these public private deals with non-profits. thank you for your time. >> are there any other members of the p be that wish to speak in general public comment? general public comment is now closed. >> marat -- madam clerk read our adoption calendar. >> yes, item 51-53. >> supervisor kim? >> i would like to add my name as a cosponsor to item 51 for filipino history month. >> colleagues, why don't we have roll call on the adoption calendar. items 51-53. supervisor wiener? aye, supervisor yee? aye, supervisor avalos, aye. breed aye, campos aye, supervisor chiu, aye, supervisor cohen, aye, supervisor ferrel, aye, supervisor kim, aye, supervisor mar, ay

. >>> the new system can locate a gunman inside the building which could save secs b first responderspolice in new york city is investigating of an investigator suicide. police say the gunman also from iran stormed in the apartment and killing the three and wounded others before shooting himself on the roof. two of the victims were brothers and they just want to stay in the u.s.. >>> looks like target is the latest retailer that's expanding their shopping hours for thanksgiving. target stores will stay open all the way to black friday until 11 p.m.. online shopping, the chain says they'll offer hundreds of deals earlier on thanksgiving morning. >>> amazon is teaming up for the u.s. postal service for something that you will never expected, of sundays deliveries. plans are to expand the service to other cities in 2014. the postal service says of the level of volume is going way down and online shopping continues to push up. >>> nasdaq was up in half a point. >>> the temporary tattoo goes on the user's neck and it has an embedded wireless microphone that hooks up to the mobile device an

fighting is continuing for a sec week.undred people have died in the violence since last webs al qaeda has launched a series of attacks against the government. we report from the capital. al qaeda in the arabian peninsula is on the offensive. it's fighters are seen here attacking a military post in yesyemen. the gunfire was just the beginning. what happened next would be one of the most violent attacks against government troops. a suicide bomber drives a car packed with explosive into a check point killing dozens of soldiers. >> the attack which took place a few weeks ago is among a series of al qaeda operations targeting security forces. mohammad is a senior al qaeda commander. he accuse us the yemeni government for passing on information to the u.s. government. he then launched a drone attack against their fighters. >> it's a war against crusaders and their allies in yes yemen. it's got to a point where the u.s. a ambassador has been declared as the ruler of yemen. two of al qaeda strong holds. weakened by years of insta

the sec gave its blessing a few weeks ago. here is a ceo raising $60 million. >> this conversation that we're having right now, six weeks ago would have land immediate in jail. the sec, now you don't get to be on a public company, you got toohey owe this very conversation is something i never had in my career before. >> marquette can talk about ieo's. he's my guest on "press: here." a reunion, a guy who was there when waz and jobs walked in carrying a box with their apple computer inside and took it out. >> classic. check out this. >> change the world. >> a lot of the guys went and -- >> exactly. that was the beginning. had a little work to do but it had the seeds. all right, scott love that. >> yeah, love that. love the forecast now. check in with christina. >> looking good for this weekend. we have big changes headed our way and yeah, we like to tech shop. they offer discounts to students and veterans. that's the kind of thing that gets people throughout and make careers out of what they are doing in school. thanks to them.

federal agencies like the departments of homeland security, justice and the treasury, the irs, the secd the commodity future trading commission are all taking a hard look at virtual currencies. >> the treasury department already subjects bitcoin and others to rules designed to fight money laundering. that's why some say further regulation isn't necessary, and they worry that further government intervention will send bitcoin overseas. let's visit with marco santori. good to see you. >> thanks for having me. >> i fundamentally still don't really understand this, but i get that that senator said that bitcoin is about funding child pornography and selling guns and all of these terrible things. every time i speak to an advocate, it's the other extreme. it's all fine, jumping from pink cloud to pink cloud. >> right. i'm an attorney. i'm a skeptic, and i'm in the bitcoin foundation. i realize on one end, bitcoin can be used like all k kir -- currencies for illicit purposes. on the other end of the spectrum and this is what amazed so many people, the government was understanding that bitcoins

these people managed to collect a few secs of right -- rice together and drove where they found people in need. it did not take long. the line was up the road. >> the further you go north, [indiscernible] >> and she was right. the wind for this roof off in one piece. so much damage and for days on my help has not as right -- and four days on, help has not arrived. >> please, if we could have helped. people are dying. we need the help. just send some kindhearted people. >> on the north of the island, they were hit hardest. some were lucky and just needed to patch holes. others will have to start from scratch. we made our way to the area where the majority of the damage has been done. pretty much i'd -- every house has either been slammed or the roof has been taken off. they say the islands around here are even worse. there are still so many remote places around the typhoons disaster where people are desperately waiting for help. >> for the latest from the philippines, i spoke to rupert in tacloban just a few moments ago. rupert, what we are hearing reports that aid is getting to the reg

sec hep foot to make it level out the yard. there are a lot of retaining walls so you can see how they've been added to over time. >> retaining wall like this, you don't need to put anything extra. if it's minor, often people will put these tiny gauges. and you epoxy it onto the wall. it will show -- it just stays there and it will show whether or not this crack is opening up or moving one way or another. and you'll see these around town occasionally. this is a sign of a potential (speaker not understood). [laughter] >> okay. so along the sidewalk here is a failing retaining wall. give it a couple years and it will be replaced. >> it's interesting, when these walls rotate over, as the wall rotates over, it unloads the is soil behind the wall because it creates a gap. that's why (speaker not understood) failed dramatically. (speaker not understood). push on the wall again and leans over. this is the technical issue of strained versus unrestrained walls. the fact the wall is leaning over it's trying to move away from the soil to