what about spitzer? was that a local story.l: spitzer was big because it was criminal act -- activity. the same thing that edwards has. >> no because it's a salacious sex candle. bill: the woman was all over the place. you are dodging. this you both know. >> we are not dodging this. bill: you both know this story is equal. edwards and sanford is equal and the press isn't covering it. >> here is the part where he is right, i think. there is one part where you are right. edwards has treated people in the media well. he is like a decent guy. people don't hate him. he treats people with respect. sanford, even the republicans in south carolina can't stand this guy. bill: it's personal. >> it is personal. it's a lesson in life. you treat people nice and when you are in a jam, they tend to be a little easier on you. bill: he was an s.o.b. to us. >> you may be an exception. bill: and we were nice to him. >> but in general the lesson is be nice to people and they will be nice to you back when you need it. bill: here is the lesson, of th

spitzer resigned last year after it was revealed hes was a client of a v.i.p. prostitution service. is one powerful democratic congress stonewalling an investigation into preferential treatment on his own mortgage? and civil rights commissioners are again pressing for answers from the obama justice department about an alleged case of voter intimidation. atho? ( chirp ) oh yeah. his and hers. - ( crowd gasps ) - ( chirp ) van gogh? ( chirp ) even steven. - ( chirp ) mansion? - ( chirp ) good to go. ( grunts ) timber! ( chirp ) boss? what do we do with the shih-tzu? - ( chirp ) joint custody. - dog: phew... announcer: get work done now. communicate in less than a second with nextel direct connect. only on the now network. deaf, hard of hearing and people with speech disabilities access www.sprintrelay.com. than a second with nextel direct connect. only on the now network. and my dog bailey and i love to hang out in the kitchen... so she can watch me cook. you just love the aromas of beef tenderloin... and, ooh, rotisserie chicken. yes, you do. [ barks ] yeah. you're so special, you de

in retrospect, we wish there were more discriminating, but not allow the winds which eliot spitzer was challenging. so they asked a question, was the attorney general of new york permitted to go after national banks for discrimination in lending, when the controller's office interpreted the national banking act to his visit to oral powers, meaning that only the feds can inspect and investigate a national bank. the argument was rejected-5-4, and this is a strange bedfellows case. it is a lineup in which justice scalia rights for the majority, joined by justices stevens, souter, ginsburg, and brier, because they declined to give deference to the office of the comptroller of currency when of course it was dr. scalia, who in the chevron decision first called for greater deference. hear, he says, there may be pre- emption as to certain investigative activities, but when the new york attorney general goes to court, and nothing about the term visitorial powers covers that, so no pre-emption. they have these narrow majorities -- no. that would be you facing pre- emption courts all the time. th

we can still gossip about eliot spitzer 0 britney spears, but inside our community.ll of the gossip industry is safe. i'm trying to start a national movement to take care of each other in our communities, in our churches, in our schools, and even in our homes. alan parents never taught us not to goss of the way they taught us not to blaspheme or not to curse. sometimes, they were the worst examples, but it is really something we can all live without it we so choose, and that is what we have decided to do at my company. neil: thank you very much. it was great having you on. >> believe we have the right to share our views with our elected officials? ok, take that to nancy pelosi. neil: was that, unamerican or very american? today, people responding to comments that the town halls are drowning free-speech. my next guest says it is the opposite. she argued in a column that it borders on un-american when it gets out of hand. what do you say? >> big mistake. i'm very reluctant to call anyone un-american. we are a huge, pluralistic company that accompanies lots of tradition

by the way, speaking of that young man, tonight on fbn, l angone versus spitzer.t until you see him take on the disgraced governor. that is on the fox business network. now, if you do not get fox business -- >> demand it! neil: it is the network billionaires' trust an average folks trust. that is a big swath. -- the network billionaires trust and average folks trust. let's look at the big board. is the seventh in a row, the highest the dow has been this year -- it is the seventh in a row. we are getting better than expected economic news, and this is fostering a debate that if the economy seems to be improving, new home sales are picking up, do we need to be going full throttle with all of this government spending, and do we need to compound the error? you know, the checks going out to convicts and the checks going out to dead people? i know this bothers some people in washington. i may offend them, but my intention is to help you. . . . . (announcer) we understand. you need to save money.

to remind our new york audience he got appointed, he elevated -- was elevated when governor eliot spitzer got caught with the hooker. he is a man who criticized for excessive partying and also miss handled the kathleen kennedy situation when she was named -- her name was floated as oo replacement for hillary clinton in the senate. is he cloaking himself in racial gash? >> i think you played the tape he called into the radio show. he talked specifically about racial stereotypes. you talked about stereotypes of referring to distinct senators not himself. i think the press read into a lot of what was not said. he talked about the racial stereotypes and no one can defend some of the characterizations that were made during the state senate coverage when they had the up rising. >> wait a second. fair enough. let me make a statement. pedro espada the man who was a democrat then became a republican and democrat again causing the state senate of new york to become the laughing stock it's a puerto rican from the bronx he is the biggest piece of crap in the political world he has humiliated all of o

this does not involve the governor of new york, eliot spitzer.ong summer days and not enough sleep. what i wouldn't do for a do-over. (announcer) new neutrogena total skin renewal. gentle exfoliating puffs and micro-vibrations speed surface cell turnover. it's clinically tested to help undo the look of a year's worth of skin aging in just one week. that summer of sun? i just made it disappear. (announcer) new total skin renewal. neutrogena recommended most by dermatologists. do-overs do exist. when i really liked to be outside, i did not like suffering from nasal allergy symptoms like congestion. but nasonex relief may i say... bee-utiful! prescription nasonex is proven to help relieve indoor and outdoor nasal allergy symptoms like congestion, runny and itchy nose and sneezing. (announcer) side effects were generally mild and included headache. viral infection, sore throat, nosebleeds and coughing. ask your doctor about symptom relief with nasonex. and save up to $15 off your refills. go to nasonex.com for details, terms and conditions. >>> good

. >> this is eliot spitzer, the man who campaigned to restore ethics to public life. >> but i have disappointednd failed to live up to the standard i expected of myself. >> now the public learns he hired a prostitute a month earlier from a high-priced agency in new york, the emperor's club, choosing from a menu of 50 women, the governor paid thousands of dollars to the agency.

. >> what is wrong with knew spitzer wasted more money on a hooker than they're wasting on bonuses. >> i give people bonuses for a job well done. they did not do a job well done, they wanted me to bail them out. >> money is managing risk. that doesn't mean you want to rip off the rank and file. when these banks were paid $3 billion. let me remind you the federal government gets $11 billion state and cities get millions in taxes. >> a bonus should be for job well done. >> these workers have a right to a contract. unless we want to turn into a nation that abrogates contracts. the banks are paying this money back with interest. if you want to make these workers, talent we have on wall street, if you want to find a place for them in foreign banks, this is what you want to do. barkleys and other foreign banks are out there today taking -- >> julian, the thing most people don't understand when you're a million employee at a big bank, your bonus is 90% of your annual compensation, it's not this extra thing in addition to 100%. julian. >> i think we're making too big a deal out of bonuses. >>

country, that will be a welcome change because it was former new york state attorney general eliot spitzerith despicable actions that turned out not to be true. if greenberg had been running this thing in the last three, four, five years, i'll bet you it would have been a better story. the fact the new ceo, if he's going to use hank greenberg as an adviser, not even operating but as an adviser, this is a good thing for aig. that's what shareholders are sniffing out. that's what investors are sniffing out, and i think this is a turn for the good because it is a great inbe shurns company. all right. moving ahead, coming up, investment strategies from two of wall street's biggest titans. (groans) a lot of people are gonna be kicking themselves for not buying in this market. (woman) visit remax.com where you can see all the listings in thousands of cities and towns. where do you want to be? chef's meal with pommes frites perhaps a night at the theater with extra special seats additional hotel night, our treat you world in perfect harmony: priceless look for world on your mastercard to get rewa

on october 15th, two young teamsters augustus spitzer and joseph reinhart killed another immigrant. so there were these series of violent events as tempers flared and nerves unraveled. and then in the last few days of october, they finally arrived at the sierra nevada mountains and they entered the sierra. and as it did it began to snow. just a few flakes at first but as they worked their way up into the mountains, the snow got heavier and heavier. and it was pretty soon it evolved into a full scale blizzard. the two donner families, jacob and george donner's families got bogged down at a family called alder creek and could go no further. george donner injured his hand and couldn't repair his wagon. sarah and her family and the rest of the party made it through to what we now called donner lake. just short of what we call donner pass in the high sierra and there they got bogged down. they tried to make it over the pass that first day but they made very little progress. they decided to sleep on it and to try it again the next day and i'm going to read you a passage of what that was l

. >> this is eliot spitzer, the man who campaigned to restore ethics to public life. >> but i have disappointedailed to live up to the standard i expected of myself. >> now the public learns he hired a prostitute a month

. >> maybe elliott spitzer should go there.might do all right. >> bizarre. >> hey, is that a cocatu in your bag? that's probably what security was saying. you feign interest. >> it's very good anchor humor. >> this is from the daily mail. somebody went into the pet store and grabbed a 19 week old worth a lot of money and they stuffed it in the bag and took off with it. bird theft is apparently a big deal. >> i have heard that. it's pretty lucrative, isn't it? >> these things live from like 60 to a hundred years old. you've got a lifelong friend you stuffed in your bag. >> i'm s ♪ doo doo doo doo doo ♪ ♪ doo doo doo doo doo ♪ ♪ green, green ♪ green ♪ it's your home, it's your dream ♪ ♪ radon testing, keep it healthy and clean ♪ ♪ make it green, green, green making it green is making sure the air in your home is healthy for your family to breathe. make sure you test your home for the presence of radon. it's easy. to learn more, call... preserve your family's health and well-being. get your home tested. now, that's living healthy

. >> maybe elliott spitzer should go there.might do all right. >> bizarre. >> hey, is that a cocatu in your bag? that's probably what security was saying. you feign interest. >> it's very good anchor humor. >> this is from the daily mail. somebody went into the pet store and grabbed a 19 week old worth a lot of money and they stuffed it in the bag and took off with it. bird theft is apparently a big deal. >> i have heard that. it's pretty lucrative, isn't it? >> these things live from like 60 to a hundred years old. you've got a lifelong friend yot st >> breaking news this morning. a deadly shooting spree inside an l.a. fitness gym outside pittsburgh. >> victims come running in covered in blood. >> then two american journalists pardoned in north korea are now on tir way back to the united states. >> and movie trailer. the oscar-winning actress gives movie-goers a different kind of experience. >> cinema is for everybody and everywhere. >> it's wednesday, august 5th. >> announcer: from abc news, this is "world news now." >> kind

. >> reporter: that scene was inspired by eliot spitzer who resigned after he was caught in a call girlndal, his good wife by his side. >> so many of these women are accomplished, high powered, intelligent. >> we like the idea of what would happen to that woman a minute later, six months later, seven months later and throughout the rest of her life. >> these are pieces of the real life soap opera that will figure in to "the good wife" too. mrs. sanford is appealing because she didn't stand by her man. she took the kids and moved out telling "vogue" she's forgiven their husband. they weren't madly in love when they met but were good friends. he became obsessed with going to see the other woman. it was like an addiction to alcohol or pornography for him. for many, her candor is refreshing. >> what's interesting is every time she speaks, people seem to understand and going to support her words every time mark sanford speaks, people are left with more questions and are wandering how did this man get so far in his political career. >> reporter: it's the kind of thing that fits perfectly in a

in retrospect, we wish there were more discriminating, but not allow the winds which eliot spitzer wasllenging. so they asked a question, was the attorney general of new york permitted to go after national banks for discrimination in lending, when the controller's office interpreted the national banking act to his visit to oral powers, meaning that only the feds can inspect and investigate a national bank. the argument was rejected-5-4, and this is a strange bedfellows case. it is a lineup in which justice scalia rights for the majority, joined by justices stevens, souter, ginsburg, and brier, because they declined to give deference to the office of the comptroller of currency when of course it was dr. scalia, who in the chevron decision first called for greater deference. hear, he says, there may be pre- emption as to certain investigative activities, but when the new york attorney general goes to court, and nothing about the term visitorial powers covers that, so no pre-emption. they have these narrow majorities -- no. that would be you facing pre- emption courts all the time. they d

. >> reporter: that scene was inspired by new york attorney general eliot spitzer who resigned afters good wife by his side. >> so many of these women are so accomplished and so high-powered and intelligent. >> we just kind of liked the idea of what would happen to that woman a minute later, six months later, seven months later, and throughout the rest of her life. >> bits and pieces from the real-life sanford soap opera will figure into the soap opera, too. mrs. sanford took the kids and moved out of the governor's mansion, telling "vogue" she's forgiven her husband, that they weren't madly in love when they met but were good friends, that he became obsessed with going to see the other woman. it was like an addiction to alcohol or pornography for him. for for many, her candor is refreshing. >> what's interesting is that every time she speaks, people seem to understand and are going to support her words. every time mark sanford speaks, people are left with more questions and are wondering how did this man get so far in his political career. >> reporter: it's the kind of thing that fi

>> who in the fed to use eliot spitzer's words is the prirptor of the proprietor of the ponzi scheme. of garbage that i would pull out. >> circular dealing here. washington practically owns a large swath of detroit and circling taxpayer money back to itself in the end. >> we understand the problems, believe me, we do. but now we need to work on solutions. >> we need what the english are doing. i'm going to london in two weeks. cameron is using the conservative party in the uk is using new platform. how to build second type of capitalism. >> you mean capitalism with investors and innovators? >> lost more robust to shock and norah o'donnell too big to fail. >> too big to fail is not capitalism is my whole point. too big to fail is vampire capitalism and i'm able to extract capital. capital markets on wall street are designed to push money into businesses and not take money ust economy. >> the second problem is the expert problem is that we, what got us here is the pseudoexpert. i want an economy in which economists can be as incompetent as they want and we're still adaptable enough. >>

accounts held in spitzer land. a total of 52000.e it with all this deficit spending. the irs is eager to get this money. >> are these people facing jail time? >> yes, some of them, it appears they are. the irs website lists half a dozen examples of criminal charges. they all seem to be liable for hundreds of thousands of dollars in penalties and up to three to five years in prison. those who turn themselves in under this amnesty program, if you will, they may catch a break. they still have to pay their taxes. the money must have been made legally. if you are selling hash sheesh and evading taxes, you are going to be in a lot of trouble. that voluntary disclosure program runs out next month. >> all right. we will follow it. >> thanks, susan. >>> can you call someone a skank on line and get away with it. a former model doesn't want a name-calling blogger to get away from it. the legal battle, you can write and lead on line. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom.

. >> he was there for the whole eliot spitzer situation with the research, drama going on. mbna. a lot of people come back and say aig was under your watch, what happened? >> two issues to face there. >> the memories are short. >>> let's talk more about natural gas. because as you know, nat gas and crude oil have been moving in opposite directions in a very decided watch the last week, oil prices up 11%, nat gas prices are down 10%. what is causing the disparity? joining us, chris jarvis, president and founder of cap risk management and lisa from summit energy. chris, i will start with you if i could because one of the issues is structural. bob pigs sanny talked a lot about the etfs to deal with nat gas and energy, ung is one of them that has created a structural problem that's part of this greattive slide, correct? >> yeah, absolutely. i think if you look at the capital inflows early in the year, we had roughly 300 million, got up to as high as $3 billion in that etf. then they filed for another billion shares or units and with all the chatter about cutting down on speculation a

these reports on to represent eliot spitzer and became a key agent and even given a sponsor after theole fall of over the upper purvis and patrick fitzgerald is in the u.s. attorney's office in chicago sending letters to harpercollins to kill his book parent chapter five all the evidence that brought to the 9/11 commission when i testified was reduced to this for a not -- the men and testified before a. a man who should have been a witness in front of the commission and he has a with a list conference room, no sonata for come on the recording equipment and as the mistress of him that i sent all the evidence i had to governor kean and ended up in the national archives that they reduce everything about the plot in manila in '94 to this footnote to and they cited as that the authority for when the plot started two years later, police said muhammed. that is asking david berkowitz when he did the samara and shake mohammed has been bothered born in manhattan at 83 times and complete and reliable. an nbc news, recently did a study with them one quarter of all for those in the 9/11 report ref

dietrick snow went on to represent elliott spitzer and even defendants that thereafter the whole falloutover the. patrick fitzgerald this in the u.s. attorney's office in chicago, sending letters to kill peter lance's book. chapter 5 of the evidence brought to the 9/11 commission when i testified was reduced to this footnote. who is the man i testified before? ayman you should have been a witness in front of the commission and he has me in a windowless conference room, the recording equipment and die so mistrusted him that i sent all of the others and it ended up in the national archives but they reduced everything i said about the plot starting in the middle of 94 to this footnote and do you know who they cited as the authority for when the plot started two years later? khalid sheikh mohammed. that is like acting-- asking david berkowitz when he did the first son of sam murder. robert wyndham of nbc news just recently did a study. more than one-quarter of all footnotes in the 9/11 report workforce dia interrogations of al qaeda operatives injected to know controversial interrogation tec

this has been done already with the spitzer space telescope, which has been in operation quite a few years. this only works when the star is faint and the planet is bright, but nevertheless it has been done and worked. more of these detections are likely to happen. what can we learn from these sorts of things? some of the light from the star will go through the atmosphere of the planet on its way to your telescope. that enables you to study the characteristics of the constituents of that planetary atmosphere. also, once and awhile there is a possibility with enough sensitivity that he could even detect the effect of a mood around the planet if he could do this. -- of a moon around the planet, and if you are very lucky may be able to tell of the planet has water in its atmosphere, depending on temperature and many other things. in the very long term, we have many hopes for this technique. it is the first technique that has been effective to learn details about the at this year's of planets. -- atmospheres of planets. just to illustrate another way of going at things, quite often a sys

this has been done already with the spitzer space telescope which is been operation for quite a few yearsnow. this only works when the star is pretty faint and the planet is pretty bright but nevertheless it has been done, it does work. more of these detections are likely to happen. what can you learn from these kinds of things? as mario pointed out, the light from the star will go to the atmosphere on the planet on which your telescop that will enable you to study the characteristics of the constituents of that planetary atmosphere. once in awhile there is a possibility within a sensitivity, you could even detect the effect of a moon around the planet if you can do this. if you are very lucky, maybe will be able t tell if the planet has water in its atmosphere, depending on temperature and many other things. inhe very long term, we have many hopes for this technique. the first technique that has been eective to learn the details about the atmospheres of planets. so we have this illustration of another way of going at things, quite often a system like the sun, with its planetary system an