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Mar 10, 2010
03/10
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fataly wounding court security officer stanley cooper, seriously injuring marshal j. "joe" gardner. the valiant efforts of these men saved the lives of many people in the courthouse in a time of tragedy and crisis, cooper and gardner responded immediately with selfless courage, placing the lives of others before their own. court security officer cooper lived hads i life protecting the lives of other people. and after 26 years of service with the las vegas metropolitan police department he retired to work at the las vegas courthouse as a security officer. it was here that officer cooper died valiantly defending the halls of justice. for even after being fataly wounded he continues to try to subdue the gunman. ultimately ensuring the safety of those that were in the courthouse that kay -- day. we join in the sorrow of his family and mourn of loss of this great individual. his legacy of a life dedicated to public service will not be forgotten. in the moments that followed the fatal shooting, deputy united states marshal joe gardner and six other members of the united states marshal ser
fataly wounding court security officer stanley cooper, seriously injuring marshal j. "joe" gardner. the valiant efforts of these men saved the lives of many people in the courthouse in a time of tragedy and crisis, cooper and gardner responded immediately with selfless courage, placing the lives of others before their own. court security officer cooper lived hads i life protecting the lives of other people. and after 26 years of service with the las vegas metropolitan police...
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Mar 13, 2010
03/10
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WBAL
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the shareholders approved a merger with the stanley tool works yesterday. it will combine corporate headquarters in connecticut. 250 sedatives are expected to lose their jobs in maryland. -- executives are expected to lose their jobs in maryland. baltimore county police are investigating a deadly accident with a tractor-trailer that occurred yesterday. a ban lost control and became -- van lost control and became wedged underneath the tractor. they are still investigating the cause. and two baltimore men are accused of helping a man commit suicide. it was a kansas -- cancer patient. they say that they do not take part in suicides but council and guide people through the process. >> if doctors took care of this, we would be out of business, and that would be wonderful. when they see a patient that is suffering unbearably, they tended to abandon the patient. >> he also faces similar charges in arizona. >> president obama is delaying a trip to indonesia by four days hoping to sign a health care reform bill before he goes. that could be tough for the democrats t
the shareholders approved a merger with the stanley tool works yesterday. it will combine corporate headquarters in connecticut. 250 sedatives are expected to lose their jobs in maryland. -- executives are expected to lose their jobs in maryland. baltimore county police are investigating a deadly accident with a tractor-trailer that occurred yesterday. a ban lost control and became -- van lost control and became wedged underneath the tractor. they are still investigating the cause. and two...
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Mar 27, 2010
03/10
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CSPAN2
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so in around 2003 morgan stanley seemed potential to do lots of underwriting business that i can makechinese families onto the fishers are former state owned chinese enterprises that are harmed enough they could then turn to western capital market for an infusion of capital. morgan stanley decides to invest $5 billion in one of china's banks, which it doesn't one of these banks and takes up $5 billion in the first is of a series of loans. from two government funds for projects to build infrastructures, roads and rail and urban infrastructure to create a competitive domestic economy and some two dozen factories. those factors that may make a dent in turn get exported to the united states. so morgan stanley gets $5 billion to a chinese bank which then decide billion-dollar stripper at a projects including companies that then focus to the united states. americans and by $5 billion of goods based on a $5 billion in funding which leads to $5 billion of foreign reserves and built in china. china ministers summit with those readers become critical as current account and invest $5 billion of
so in around 2003 morgan stanley seemed potential to do lots of underwriting business that i can makechinese families onto the fishers are former state owned chinese enterprises that are harmed enough they could then turn to western capital market for an infusion of capital. morgan stanley decides to invest $5 billion in one of china's banks, which it doesn't one of these banks and takes up $5 billion in the first is of a series of loans. from two government funds for projects to build...
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499
Mar 14, 2010
03/10
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WUSA
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eye 499
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the ratings agencies get paid by wall street-- by merrill lynch, by citigroup, by morgan stanley, byan sachs-- to rate the bonds that wall street creates. this creates a certain moral hazard. ( laughs ) >> kroft: you write in the book that goldman essentially took the worst stuff that they couldn't sell, they repackaged it and took it to moody's, and got moody's to rate it triple-a? >> lewis: correct. >> kroft: how? how did they know that moody's was going to rate it triple-a? >> lewis: yes. they had helped design the models, i'm sure, that moody's used to rate the bonds. and i've spoken with people at morgan stanley and goldman sachs who said, "we helped the ratings agencies understand these things." >> kroft: they were the educators? >> lewis: yeah, they were the educators. >> kroft: lewis calls the goldman sachs-a.i.g. deal one of the original sins of the looming financial crisis. other wall street firms were so jealous of the goldman deal, they got a.i.g. to insure another $30 billion of what turned out to be worthless securities. but lewis thinks the fiasco had more to do with w
the ratings agencies get paid by wall street-- by merrill lynch, by citigroup, by morgan stanley, byan sachs-- to rate the bonds that wall street creates. this creates a certain moral hazard. ( laughs ) >> kroft: you write in the book that goldman essentially took the worst stuff that they couldn't sell, they repackaged it and took it to moody's, and got moody's to rate it triple-a? >> lewis: correct. >> kroft: how? how did they know that moody's was going to rate it triple-a?...
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442
Mar 28, 2010
03/10
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WMAR
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the president arrived aboard air force one, greeted by general stanley mcchrystal. he was crickly taken by helicopter to the pred denl palace where afghanistan's president awaited him with the ceremonial guard. >> i want to send a strong message that the partnership between the united states and afghanistan will continue. >> translator: president praised karzai. it's clear he wants him to do more to fight corruption. but the president said the may score reason he came here is to visit u.s. troops. and he did that tonight. thousands of them who waited hours to see him. in powerful remarks, the president stressed the nation's gratitude to the men and women of the military and the importance of their mission. >> i'm confident you'll get the job done here in afghanistan. i'm confident of that. >> reporter: his visit as the 30,000 additional troops he ordered continue to flow into the country. there are currently about 80,000 troops here. the mum will be close to 100,000 by september. the trip also comes as u.s. and nato troops prepare. general stanley mcchrystal has sai
the president arrived aboard air force one, greeted by general stanley mcchrystal. he was crickly taken by helicopter to the pred denl palace where afghanistan's president awaited him with the ceremonial guard. >> i want to send a strong message that the partnership between the united states and afghanistan will continue. >> translator: president praised karzai. it's clear he wants him to do more to fight corruption. but the president said the may score reason he came here is to...
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Mar 31, 2010
03/10
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CNBC
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stanley crook. good morning, dr. crook.hank you for being here. >> good morning, mike. >> this announcement with glaxo has a lot of moving parts and triggers in it, perhaps unlike any i have seen to date. so, what does that say about the trend that seems to be building about the need to get increasingly creative if you want to do business with big pharma these days? >> well, from our perspective, the way to think of this deal is that gsk has acquired an option to five potential drugs that they have the right to license on predefined terms at the completion of phase two proof of concept. so, from our perspective, it's exactly in line with the type of deal we want to do right now. it leaves us in control of the research programs and the early development. it provides cash now and a very attractive licensing terms for us at phase two and lots of other opportunities to generate revenue along the way. from the gsk perspective, of course, they get access to our technology and the productivity and they have an opportunity to work
stanley crook. good morning, dr. crook.hank you for being here. >> good morning, mike. >> this announcement with glaxo has a lot of moving parts and triggers in it, perhaps unlike any i have seen to date. so, what does that say about the trend that seems to be building about the need to get increasingly creative if you want to do business with big pharma these days? >> well, from our perspective, the way to think of this deal is that gsk has acquired an option to five...
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Mar 26, 2010
03/10
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CNBC
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let's talk to strategists from more again stanley and rick barney. let's go to the senior market strategist with execution noble. well, we may have light volume, and may have low volatility, but you can see the flooder this week. yesterday, kind of rattled investors. we had an outside reversal and closing below the prior day low and that is not a technical signal and you can see the jittery thing happening. >> well, two things good happen and one bad thing. two good things start with a letter c. consumer confidence up a touch. we will see if next monday confirms that or not, and two, the jobless claims were down 14,000, and number three, the countries, the third c is the dubai and greece looks like things are better. it is not totally solved. the bad things are two things that did not go well, two sales. number one, the $118 billion of 2-and 5-year treasuries. and the other is the new home sales and existing home sales and if you take out the northeast with the snow, bob, it was rough all over the country. down 0.2% on the existing and down 2.2% on t
let's talk to strategists from more again stanley and rick barney. let's go to the senior market strategist with execution noble. well, we may have light volume, and may have low volatility, but you can see the flooder this week. yesterday, kind of rattled investors. we had an outside reversal and closing below the prior day low and that is not a technical signal and you can see the jittery thing happening. >> well, two things good happen and one bad thing. two good things start with a...
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Mar 6, 2010
03/10
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secretary stanley, do you want to begin? once again, thank you for being here. >> good afternoon.am honored to be here to represent men and women in uniform. i have been on the job for just about two weeks. i had to assure you that i hit the ground running. this being the first hearing, and i am looking forward to your questions. we prepared a joint statement that i believe you have. myself, mr. johnson and general ham, i will turn it over to them for opening comments. >> thank you. in ms. j johnson, general counsel for the department of defense. as the secretary pointed out, we have our prepared written statement. i would just like to say in summary that secretary gates has appointed general hamm and me to cochair this working group. the goal of our working group is to assess the impacts of the repeal of 654 should the congress decide that that is the course of action it should take and to develop an implementation plan should there be repeal and to understand all of the issues associated with a repeal. we are at the outset of that process. we are just beginning at this stage we
secretary stanley, do you want to begin? once again, thank you for being here. >> good afternoon.am honored to be here to represent men and women in uniform. i have been on the job for just about two weeks. i had to assure you that i hit the ground running. this being the first hearing, and i am looking forward to your questions. we prepared a joint statement that i believe you have. myself, mr. johnson and general ham, i will turn it over to them for opening comments. >> thank you....
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Mar 24, 2010
03/10
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WJLA
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the road to the stanley cup goes through pittsburgh. i spoke with bruce boudreau about that. >> they are confident when they come to this building that they can win. they have won three of the last four games in this building. we have to believe in ourselves that we can come in here and get the lead and hold on to with which we have not done. >> anytime you play, you have to have the hot that minder. he usually wins point of that has to come into play. >> i hope so. he is playing very well. i hope he can continue. >> as you go down the stretch, you rapidly approached the plebs, what is your mindset? you work hard and numb on practice -- you work hard on them in practice. >> sometimes you lose focus. the hardest thing in the world is to get it back. we have been successful this year's by being consistent. we want to be consistently good in these games. >> head coach bruce boudreau. from one of the hottest teams to the coldest. the washington wizards have lost 12 games in a row. last night, one player said he did not want to play anymore.
the road to the stanley cup goes through pittsburgh. i spoke with bruce boudreau about that. >> they are confident when they come to this building that they can win. they have won three of the last four games in this building. we have to believe in ourselves that we can come in here and get the lead and hold on to with which we have not done. >> anytime you play, you have to have the hot that minder. he usually wins point of that has to come into play. >> i hope so. he is...
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Mar 2, 2010
03/10
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WBAL
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the state senate voted to confirm beverly stanley as the new transportation secretary, she has been serving in the post since her appointment back in september. >> one republican has brought the senate to a standstill, jim bunting is blocking the senate from passing a bill that extends unemployment and health insurance coverage to the jobless. he says he will hold the bill up until the senate figures out how to pay for it. sally has the story. >> he has been blocking this measure since last thursday, saying that the senate needs to figure out how to pay for it first. a showdown in the senate. >> what better time than to stand up? >> harry reid accused jim bunting of filibustering. >> it is not a filibuster when you object. >> he accused harry reid of hypocrisy. >> people can make other own decisions. >> he is blocking a $10 billion measure that would extend funding for highway projects, small business loans, flood insurance, and medicare reimbursement. he says he does not object to the funding, but he wanted to be paid for up front. he is not getting a lot of backing from his colleagues. >>
the state senate voted to confirm beverly stanley as the new transportation secretary, she has been serving in the post since her appointment back in september. >> one republican has brought the senate to a standstill, jim bunting is blocking the senate from passing a bill that extends unemployment and health insurance coverage to the jobless. he says he will hold the bill up until the senate figures out how to pay for it. sally has the story. >> he has been blocking this measure...
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Mar 22, 2010
03/10
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WJLA
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majority leader stanley hoyer and jim scriber, for their commitment to getting this done. want to thank my outstanding vice-president, joe biden, and my wonderful secretary of health and human services, kathleen sebelius, for her excellent work on this issue. i want to thank the many staffers in progress and my own incredible staff in the white house who have worked tirelessly over the last year with americans from all walks of life to form a reform package that can finally serve the people that we were brought here to serve. to every on some american who took the time to sit down and write a letter or typed out an e-mail, hoping that your voice would be heard, it has been heard tonight. 2 the untold numbers to knock on doors and make phone calls, who mobilized and organized whose conviction to change this country comes not from the top down, but from the bottom up, this moment is possible because of you. most importantly, today's vote answers the person of every american who has hoped deeply for something to be done about a health care system that works for insurance comp
majority leader stanley hoyer and jim scriber, for their commitment to getting this done. want to thank my outstanding vice-president, joe biden, and my wonderful secretary of health and human services, kathleen sebelius, for her excellent work on this issue. i want to thank the many staffers in progress and my own incredible staff in the white house who have worked tirelessly over the last year with americans from all walks of life to form a reform package that can finally serve the people...
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Mar 20, 2010
03/10
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CNN
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steven roach from morgan stanley when asked, well, isn't that taking a baseball bat at china's policyhe said, we should take out the baseball bat on paul krugman. i have never heard eminent economists insulting each other over china policy. i feel it's a metaphor more what's happening in economic relations. >> they have been listening to the politicians too much. that's the language of politics and late night food fights on television. look, my expectation is that we will work this out. i will bet that a the chinese over time do appreciate their currency some. they will not completely capitulate, but they are going back to more of a managed currency. they have to. they are under enormous world pressure, but it is important we do it in a way we don't break too many egg shells in getting there. >> thank you very much, guys. always a pleasure to talk to you both. listen, does a cover letter grab a hiring manager's attention the way a movie trailer grabs yours? it should. when we come back, we'll tell you how to write one that does it. >> and check out this picture. which one of these lif
steven roach from morgan stanley when asked, well, isn't that taking a baseball bat at china's policyhe said, we should take out the baseball bat on paul krugman. i have never heard eminent economists insulting each other over china policy. i feel it's a metaphor more what's happening in economic relations. >> they have been listening to the politicians too much. that's the language of politics and late night food fights on television. look, my expectation is that we will work this out. i...
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Mar 24, 2010
03/10
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best player in hockey, but in the last 12 months, sidney crosby has won an olympic gold medal and a stanleywo things alex does not have and we wonder if perhaps the tide in that argument might be turning in sidney's favor. sara walsh has the latest as the two renew their rivalries tonight. >> hockey playoffs are more than three weeks away, but if there's an opponent that can bring an atmosphere, it's the penguins. >> i would be so glad to be in the game. >> it's special to play against them. they are a great team and it's great to see where you are at. >> schedule shows the caps against the penguins tonight. everyone knows that matchup can be broken down even further because ovechkin versus crosby. >> almost like a game within a game. these guys going at it all the time and each one wants to prove they are the better guy, the better player. >> everybody respect each other over the ice. you know, we play for different teams. >> how is this for upping the rivalry anti, ovechkin and sidney are tied for 45 goals a piece, but not everyone wants to see the league's top two guys playing their best
best player in hockey, but in the last 12 months, sidney crosby has won an olympic gold medal and a stanleywo things alex does not have and we wonder if perhaps the tide in that argument might be turning in sidney's favor. sara walsh has the latest as the two renew their rivalries tonight. >> hockey playoffs are more than three weeks away, but if there's an opponent that can bring an atmosphere, it's the penguins. >> i would be so glad to be in the game. >> it's special to...
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890
Mar 24, 2010
03/10
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WMAR
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the ceos of goldman sachs, capital one, american express and morgan stanley. and the ceos of bank of america and wells fargo gave us maybes. jamie dimon at jpmorgan chase say he will revisit our request down the road. we want to bring your questions to the banks, so head to our website to weigh in. >>> and, it is a time when big problems invite big and bold solutions, and this is one of the boldest we've heard. the new mayor of detroit announced today he wants to tear down a big part of the city and start over, bring in new life. chris bury says this could start right away. >> reporter: for a city on the brink, it is a gutsy move, deciding it must shrink to survive. last night, the new mayor, former nba star dave bing, delivered some tough love. >> i am unveiling a plan to demolish 3,000 dangerous structures this year. >> reporter: in its heyday, nearly 2 million people lived here. now fewer than half that. consider the corner of jefferson and hold comb 30 years ago. look at it now. a third of detroit is too scarcely populated to function. more than 10,000 bui
the ceos of goldman sachs, capital one, american express and morgan stanley. and the ceos of bank of america and wells fargo gave us maybes. jamie dimon at jpmorgan chase say he will revisit our request down the road. we want to bring your questions to the banks, so head to our website to weigh in. >>> and, it is a time when big problems invite big and bold solutions, and this is one of the boldest we've heard. the new mayor of detroit announced today he wants to tear down a big part...
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Mar 25, 2010
03/10
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WBFF
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. >>> it's not the world cup or the stanley cup, instead neighbors across baltimore are collecting cups in hopes of winning a championship. they're collecting anything recyclable in terms of the recyclable competition. with one day to left to go, joel d smith is in it hambden with more and with the score. >> reporter: cups, and bottles, they're collecting everything for recycling and there's something on the line. we will tell you who is on the lead here. she is a recycling coordinator for the city of baltimore. we got a good idea going here. tell me about the idea of trying to make it competitive with these neighbors. >> it's the recycling competition. it's the first time ever for baltimore city. it's come up a couple of times. we want to get excitement going. we didn't want them to die down. we got the neighborhoods to compete against each other. >> reporter: it's working. >> yes, it's working. >> reporter: has it increased the amount that people are recycling are they trying to win. >> yes, they're trying to win. chess wald and hambden started the contest from january until now. >> r
. >>> it's not the world cup or the stanley cup, instead neighbors across baltimore are collecting cups in hopes of winning a championship. they're collecting anything recyclable in terms of the recyclable competition. with one day to left to go, joel d smith is in it hambden with more and with the score. >> reporter: cups, and bottles, they're collecting everything for recycling and there's something on the line. we will tell you who is on the lead here. she is a recycling...
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Mar 31, 2010
03/10
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WMPT
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speaking of exit plans, morgan stanley will earn at least $24 million, and as much as $135 million for selling uncle sam's citigroup stock. the take depends on how the shares are sold; electronically or the old fashioned way. still ahead, putting wall street's first quarter to bed and getting a start on the quarter to come. standard and poor's sam stovall says we'll start the traditionally strong 2nd quarter at 18-month highs. >> susie: how is the economy doing? i mean, how is it really doing? the answer depends on how you interpret two important measures of the u.s. economy: the g.d.p. and the g.d.i. what are they and why are they being debated? scott gurvey explains. >> ♪how does it feel >> reporter: well, how does it? yes, i'm talking to you. if you're like most of us, it still does not feel good out there. this is surprising because the widely followed gross domestic product, which measures the dollar value of goods and services produced, turned positive in the third quarter of last year. but there is another measure, the rarely noted gross domestic income, which tracks what people
speaking of exit plans, morgan stanley will earn at least $24 million, and as much as $135 million for selling uncle sam's citigroup stock. the take depends on how the shares are sold; electronically or the old fashioned way. still ahead, putting wall street's first quarter to bed and getting a start on the quarter to come. standard and poor's sam stovall says we'll start the traditionally strong 2nd quarter at 18-month highs. >> susie: how is the economy doing? i mean, how is it really...
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Mar 18, 2010
03/10
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WJLA
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. >> reporter: in the 1960s, an american psychologist, stanley milgram, drechb by the events of the holocaust the relationship between obedience and authority, conducted similar experiments. most people did what they were told, despite the screams of pain. to find out, we teamed up with dr. jerry berger. three years ago, dr. berger and chris cuomo did something similar on "primetime live." >> 150 volts. >> oh, that's all. get me out of here. i told you i had heart trouble. >> reporter: will troy listen as the learner begs him to stop, or will he follow -- >> the correct word was white horse. >> the next item is sad. >> reporter: he obeys the orders. why didn't you stop? >> the -- i saw him getting strapped in and they were just little, i mean, he could have just -- if he was in that much pain he could have tore himself off. >> reporter: why are you putting it on him? >> i was just doing my job. >> reporter: both experiments, around 65% of people administered the potentially lethal shocks. so, how come 80% of contestants on "extreme zone" pulled the lever? >> what they've done in this french d
. >> reporter: in the 1960s, an american psychologist, stanley milgram, drechb by the events of the holocaust the relationship between obedience and authority, conducted similar experiments. most people did what they were told, despite the screams of pain. to find out, we teamed up with dr. jerry berger. three years ago, dr. berger and chris cuomo did something similar on "primetime live." >> 150 volts. >> oh, that's all. get me out of here. i told you i had heart...
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250
Mar 25, 2010
03/10
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WUSA
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a gold medal and a stanley cup. alex has to wait for years to fix the first part, but he can fix the second part starting next month. and tonight he and his caps teammates informed the reigning champions we're coming. mike green redirected caps lead. they tied it and sent it to a shootout. caps trailed but ovechkin buries that. gets him on the board. and this the 4th round mike kanubble for the win. they beat the pens for the third time this year. three players said they received chiropractor treatment and the police say there is no evidence of steroid use by any caps players. all right. if flip sanders has a dog house, andray blatche isn't just in it, he has a split level ranch with full indoor plumbing on the property. and here is the proof after andre ignored his coach and got benched. >> when the coach wants to teach you something and you think that you're above that because you play 16 games, that's ridiculous. it really is. >> i'm the most disappointed i've ever been in 15 years with a player. >> a day later,
a gold medal and a stanley cup. alex has to wait for years to fix the first part, but he can fix the second part starting next month. and tonight he and his caps teammates informed the reigning champions we're coming. mike green redirected caps lead. they tied it and sent it to a shootout. caps trailed but ovechkin buries that. gets him on the board. and this the 4th round mike kanubble for the win. they beat the pens for the third time this year. three players said they received chiropractor...
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Mar 10, 2010
03/10
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CSPAN
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i concurred with the administration's decision to support general stanley mcchrystal's counterinsurgency strategy. that was an important step toward stabilizing afghanistan. the president's reinforcement of our marines and soldier the so-called surge, helped achieve that objective and does provide additional security. the reinforcements have worked. their success in afghanistan. our troops deserve support and this resolution deserves to be soundly defeated. i yield back. the speaker pro tempore: the gentleman yields back. who seeks recognition? the gentleman from ohio. mr. kucinich: i yield my -- i yield myself such time as i may consume. the speaker pro tempore: the gentleman yields himself such time as he may consume. mr. kucinich: one of the things that really doesn't often get discussion here on this floor with respect to a war is the specifics about how it affects people back home. because i come from cleveland, i want to share with you some things about my community. cleveland -- cleveland, as some of you may know was the epicenter of subprime mortgage meltdown, predatory lenders d
i concurred with the administration's decision to support general stanley mcchrystal's counterinsurgency strategy. that was an important step toward stabilizing afghanistan. the president's reinforcement of our marines and soldier the so-called surge, helped achieve that objective and does provide additional security. the reinforcements have worked. their success in afghanistan. our troops deserve support and this resolution deserves to be soundly defeated. i yield back. the speaker pro...
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Mar 10, 2010
03/10
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CSPAN
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the president also announced that our military commander in afghanistan, general stanley mcchrystal, the best we have in this time of conflict, would receive an additional 30,000 troops to implement this counterinsurgency strategy. these additional combat troops, combined with those already in theater, would allow our troops and civilian experts to partner with their afghan counterparts, reverse the momentum of the taliban and create conditions needed for governance and the economic development. even if a fraction of these in place, we've already seen success. they launched an operation to push the taliban out of marja, a town of about 50,000 people that became a new hub of activity for the taliban and insurgence after our marines drove them out nearby. we successfully pushed the taliban out there and ban to re-establish the government there, the second phase of the operation. the new afghan administrator has been put in place, and the process of building that government has begun. additionally, in recent days pakistani forces made the most significant taliban captures since the war
the president also announced that our military commander in afghanistan, general stanley mcchrystal, the best we have in this time of conflict, would receive an additional 30,000 troops to implement this counterinsurgency strategy. these additional combat troops, combined with those already in theater, would allow our troops and civilian experts to partner with their afghan counterparts, reverse the momentum of the taliban and create conditions needed for governance and the economic...
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Mar 28, 2010
03/10
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CNBC
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the same thing with goldman almost over morgan stanley. that to me is kind of interesting as we head into earnings. >> i'll say a quick thing about this. these are the haves and have mores. every single one of those names is up more than the s&p so far this year up and more than their respective sectors. >> scott, if we know the catalyst is going to be earnings and mike said we think volatility's going to be higher, does that mean you should be long volatility going to earnings? what way have we seen on the vix in april, may, june? >> well, generally, the daily close for the vix historically is about 20. and in this month it's actually about 20. now, it starts to trail off a little bit as we get into the summer. in june it's actually about 18. it closed below 18 right now. so if you want to buy options to protect yourself going into earnings, you can do that. now, volatility comes -- just gets crushed when it comes to earnings. it comes out of these options all at once. so i wouldn't suggest you buy outright options to protect yourself, bu
the same thing with goldman almost over morgan stanley. that to me is kind of interesting as we head into earnings. >> i'll say a quick thing about this. these are the haves and have mores. every single one of those names is up more than the s&p so far this year up and more than their respective sectors. >> scott, if we know the catalyst is going to be earnings and mike said we think volatility's going to be higher, does that mean you should be long volatility going to earnings?...
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Mar 24, 2010
03/10
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playing in the eastern conference finals with the winner got to play in the finely cut -- in the stanleyfinals. the coach says the steroid questions are a distraction. >> yes. nobody is talking about pittsburgh. they are our no. 1 rival. >> things like that happen. we are fortunate that has nothing to do with us. >> let's talk about this game. it features two of the best players in the world. alexander ovechkin answered the crosby. the capitals are 5-0-1 this year. the penguins won when it mattered most, the playoffs. >> there is a lot of attention. it will be a fun game to play. >> if i was watching this game, i would be anticipating it greatly. every time ovechkin please against crosby, it seems like something special comes out of it. i did not see why it should be any different today. >> it should be a great matchup. coming up at 6:00, i go one on one with the head coach. how're you doing in your brackets? i guarantee you are not doing as well as a 17-year-old student outside of chicago. he is a high school standout with autism. he is perfect. he has picked every game so far. every ga
playing in the eastern conference finals with the winner got to play in the finely cut -- in the stanleyfinals. the coach says the steroid questions are a distraction. >> yes. nobody is talking about pittsburgh. they are our no. 1 rival. >> things like that happen. we are fortunate that has nothing to do with us. >> let's talk about this game. it features two of the best players in the world. alexander ovechkin answered the crosby. the capitals are 5-0-1 this year. the...
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Mar 17, 2010
03/10
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WMPT
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general stanley mcchrystal said the campaign is a gradual effort, not one main military assault. also today, the british military announced two of their soldiers died tuesday in a bombing in helmand province. and up to 35 afghans died when a bus smashed into other vehicles and caught fire in a mountain pass north of kabul. shi-ite rebels in yemen released at least 170 government soldiers today under a truce. the hostages were handed over in the northern province of saada, where most of the fighting has taken place. the release came a day after the government charged the rebels were not living up to the terms of the truce. state prison populations in the u.s. have dropped for the first time since 1972. a report by the pew center on the states found more than two dozen states cut their number of inmates last year. california and michigan led the way, together they reduced their populations by 7,500 fewer inmates. according to the report, the decreases are due in part to budget cuts. those are some of the day's main stories. i'll be back at the end of the program with a preview of w
general stanley mcchrystal said the campaign is a gradual effort, not one main military assault. also today, the british military announced two of their soldiers died tuesday in a bombing in helmand province. and up to 35 afghans died when a bus smashed into other vehicles and caught fire in a mountain pass north of kabul. shi-ite rebels in yemen released at least 170 government soldiers today under a truce. the hostages were handed over in the northern province of saada, where most of the...
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Mar 24, 2010
03/10
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WRC
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pittsburgh has what the caps want, which is the stanley cup, and after tonight, there are only nine regular games in the playoff season. and then lindsay czarniak down at verizon. brooks laich takes a puck to the face. he won't be on the ice tonight. what is the latest on his situation? >> reporter: we were ableo talk to bruce boudreau before ey took the ice, he says the good news is brooks will be able to practice on friday. he did, though, say, it could be possible that brooks would have to wear a visor, which i know for a lot of these players, if they don't choose to, can be a bit a pain for them. i know it's killing brooks to not be a part of this game tonight. but as you said, anytime the capitals face the pittsburgh penguins, it's a huge contest. the capitals, though, you could say, have a bit of an edge, they're 3-0-1. the last four times they faced pittsburgh here at verizon center. as these games go, you know, it usually comes down to two players, alex ovechkin and sidney crosby. the last time these t players met, by the way, is when canada beat russia in the 2010 olympics. sidney
pittsburgh has what the caps want, which is the stanley cup, and after tonight, there are only nine regular games in the playoff season. and then lindsay czarniak down at verizon. brooks laich takes a puck to the face. he won't be on the ice tonight. what is the latest on his situation? >> reporter: we were ableo talk to bruce boudreau before ey took the ice, he says the good news is brooks will be able to practice on friday. he did, though, say, it could be possible that brooks would...
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Mar 4, 2010
03/10
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secretary stanley, do you want to begin? once again, thank you for being here. >> good afternoon. i am honored to be here to represent men and women in uniform. i have been on the job for just about two weeks. i had to assure you that i hit the ground running. this being the first hearing, and i am looking forward to your questions. we prepared a joint statement that i believe you have. myself, mr. johnson and general ham, i will turn it over to them for opening comments. >> thank you. in ms. j johnson, general counsel for the department of defense. as the secretary pointed out, we have our prepared written statement. i would just like to say in summary that secretary gates has appointed general hamm and me to cochair this working group. the goal of our working group is to assess the impacts of the repeal of 654 should the congress decide that that is the course of action it should take and to develop an implementation plan should there be repeal and to understand all of the issues associated with a repeal. we are at the outset of that process. we are just beginning at this stage
secretary stanley, do you want to begin? once again, thank you for being here. >> good afternoon. i am honored to be here to represent men and women in uniform. i have been on the job for just about two weeks. i had to assure you that i hit the ground running. this being the first hearing, and i am looking forward to your questions. we prepared a joint statement that i believe you have. myself, mr. johnson and general ham, i will turn it over to them for opening comments. >> thank...
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Mar 18, 2010
03/10
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>> lehman is no longer in existence, but goldman and morgan stanley and merrill are under the fed's position, so it is our responsibility and we are paying attention to these issues. >> are you specifically looking at their accounting to see if this same activity is done now, or was it going on at that time as well? >> i do not know. i have to check and see. this report shows came out this week. >> would that be one of the gaps we should be concerned about going forward. >> it is our response ability, and we need to do a good job, but there are other things to look at. in the case of lehman, it is clear, there were in a weak position independent of this accounting. " that is interesting, because new york did -- >> that is interesting, because new york did 3 liquidity stress test, and each time they failed those. >> correct. >> were any additional recommendations made? >> we pushed them and secretary paulson pushed them to improve their position and raise capital if possible, but they were unable to raise sufficient capital. >> my understanding is the new york fed required no reaction from wo
>> lehman is no longer in existence, but goldman and morgan stanley and merrill are under the fed's position, so it is our responsibility and we are paying attention to these issues. >> are you specifically looking at their accounting to see if this same activity is done now, or was it going on at that time as well? >> i do not know. i have to check and see. this report shows came out this week. >> would that be one of the gaps we should be concerned about going forward....
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Mar 24, 2010
03/10
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WRC
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and a goalie is the one guy who can literally carry you to the stanley cup. maybe that can happen. >> great. let the music -- crank up the volume. >> absolutely. >>> coming up next some students in the district, they are surprised with a free ride two co here's to the believers. the risk-takers. the visionaries. the entrepreneurs... who put it all on the line to build and run their own businesses. at at&t, we know something about that. our company started out in a small lab, with not much more than a dream. and today, we know it's small businesses that can create the jobs america needs. that's why at&t is investing billions to upgrade and build out our wired and wireless networks. making them faster, smarter, and more secure. connecting small businesses to markets across the country, and around the world. we invest now, because we know it will pay off... with new jobs, new growth, from a new generation, putting their belief in the future on the line. now is the time for investment and innovation. the future is waiting. and the future has always the future is
and a goalie is the one guy who can literally carry you to the stanley cup. maybe that can happen. >> great. let the music -- crank up the volume. >> absolutely. >>> coming up next some students in the district, they are surprised with a free ride two co here's to the believers. the risk-takers. the visionaries. the entrepreneurs... who put it all on the line to build and run their own businesses. at at&t, we know something about that. our company started out in a small...
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Mar 25, 2010
03/10
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WUSA
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kidney crosby has two things ovechkin wants badly, a gold medal and stanley cup. he can fix the second part starting next month and he and his teammates informed the reigning champions we are coming. the penguins a the phone booth last night. tied at two. mike green with a shot redirected by eric. penguins tied it and sent it to a shootout. caps trailed 2-0 in the shootout but ovechkin gets them on the board. in fourth round, mike for the win. ball game. caps 4-3 beat the pens for the third time this year. meanwhile three capitals yesterday confirmed that they did receive treatment from chiropractor/alleged steroid dealer doug nagel but all three tay say it was for standard treatment and law enforcement says there is no evidence that any caps used steroids. >>> the day after flip saunder and batch blew up one another, match started last night. throwing in two of his 21. a drop in the bucket. danny inbounds the ball. gets it back and nastied down two of his 31. wizards lose their 13th straight. >>> looks like the best pitcher on the nats roster is not actually on t
kidney crosby has two things ovechkin wants badly, a gold medal and stanley cup. he can fix the second part starting next month and he and his teammates informed the reigning champions we are coming. the penguins a the phone booth last night. tied at two. mike green with a shot redirected by eric. penguins tied it and sent it to a shootout. caps trailed 2-0 in the shootout but ovechkin gets them on the board. in fourth round, mike for the win. ball game. caps 4-3 beat the pens for the third...
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Mar 21, 2010
03/10
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CNN
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against this are the financial contributions and the political persuasion of goldman sachs and morgan stanley wall street firms that i can't believe won't be overwhelmed by -- by the social interest. so i feel kind of hopeful about it all. it's probably crazy, but if some of that happens or a lot of that happens, a lot of these reforms take place, you will have a dramatically reshaped wall street. >> michael lewis, always a pressure. >> thanks. ♪ [ male announcer ] every business day, bank of america lends nearly $3 billion dollars to individuals, institutions, schools, organizations and businesses in every corner of the economy. ♪ america. growing stronger. every day. ♪ [ male announcer ] before he changed the world... tear down this wall. [ male announcer ] ...or led a nation... i ronald reagan do solemnly swear. [ male announcer ] ...or governed a state... you and i have a rendezvous with destiny. [ male announcer ] ...he inspired our company... with his optimism, his belief in innovation, and his entrepreneurial spirit. [ man ] for general electric, here is ronald reagan. ♪ >>> i'm candy
against this are the financial contributions and the political persuasion of goldman sachs and morgan stanley wall street firms that i can't believe won't be overwhelmed by -- by the social interest. so i feel kind of hopeful about it all. it's probably crazy, but if some of that happens or a lot of that happens, a lot of these reforms take place, you will have a dramatically reshaped wall street. >> michael lewis, always a pressure. >> thanks. ♪ [ male announcer ] every business...
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Mar 25, 2010
03/10
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WUSA
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sydney crosby has two things ovetch win wants a gold medal and stanley cup. last night they informed the reigning champs we are coming from you. the arch men enemies at the phone booth. tied at two in the third. the redirection from eric. and penguins sent it to a shootout. caps down 2-0 in the shootout. bean then the fourth, mike for the win. ball game caps. they win 4-3 and beat the pens the third time this year. >>> a day after the flip saunders andre match blowup tempers cooled. there he is and baseline turn around for his 21 but a drop in the bucket. granger on the inbounds gets the ball back and nasty two of his 31. wizards lose their 13th straight effort spring baseball last night. nats and yankees. a-rod facing levo and that is as far as you can hit a ball without it going over the fence. it scored johnson. yankees beat the nats 3-1. that's a look at morning sports. have a great day. >>> in three minutes it is tax tip thursday. we have a way to get free professional advice today. jessica doyle has what you need to know. clouds are moving in but around
sydney crosby has two things ovetch win wants a gold medal and stanley cup. last night they informed the reigning champs we are coming from you. the arch men enemies at the phone booth. tied at two in the third. the redirection from eric. and penguins sent it to a shootout. caps down 2-0 in the shootout. bean then the fourth, mike for the win. ball game caps. they win 4-3 and beat the pens the third time this year. >>> a day after the flip saunders andre match blowup tempers cooled....
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Mar 26, 2010
03/10
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CNBC
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bernstein just cut goldman sa s sachs' and morgan stanley's full-year 2010 and 2011 earnings estimates the same time, oppenheimer came out earlier cutting first-quarter estimates at most of the big banks -- jpmorgan, bank of america as well as goldman sachs, talking about loan volume shrinking a little bit and also about lower equity activity as well. important thing here is that's not really affecting most of the banks, because all of them are up on word that we look like we have some kind of outline on the greek deal, but traders are passing around all sorts of comments about the local elections in germany. merkel's got a local election, part of germany, six weeks, and a lot of people are saying she'll be campaigning on a no bailout platform. sound familiar? important thing today, 11 basis point increase in fixed rate mortgages in two days. that's the effect of the treasury moves in the last two days. that's having an effect and traders are talking about it. on the restaurant front, brinker had pretty good comments. they own chili's, but we had mixed comments through the week. ckr an
bernstein just cut goldman sa s sachs' and morgan stanley's full-year 2010 and 2011 earnings estimates the same time, oppenheimer came out earlier cutting first-quarter estimates at most of the big banks -- jpmorgan, bank of america as well as goldman sachs, talking about loan volume shrinking a little bit and also about lower equity activity as well. important thing here is that's not really affecting most of the banks, because all of them are up on word that we look like we have some kind of...
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Mar 8, 2010
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army general stanley mcchrystal said the coming campaign will be different from last month's assaulton the smaller city of marjah. instead, he said the kandahar operation will build gradually over several months. >> we have already put additional forces in the districts around kandahar, but we'll be able to reinforce that significantly over time. so there won't be a d-day that is climactic. it will be a rising tide of security as it comes. >> sreenivasan: u.s. defense secretary robert gates arrived in kabul today, to review plans for the kandahar operation. he also met with president hamid karzai who announced a three-day peace conference in late april. at least 13 people have died in a suicide car bombing in eastern pakistan. the attack came in lahore. it targeted a building where police interrogate high-value terror suspects. the offices were shattered and more than 60 people were wounded. the taliban claimed responsibility. meanwhile, in northwest pakistan, intelligence officials said a suspected u.s. missile strike killed three people near the afghan border. a new tanker plane fo
army general stanley mcchrystal said the coming campaign will be different from last month's assaulton the smaller city of marjah. instead, he said the kandahar operation will build gradually over several months. >> we have already put additional forces in the districts around kandahar, but we'll be able to reinforce that significantly over time. so there won't be a d-day that is climactic. it will be a rising tide of security as it comes. >> sreenivasan: u.s. defense secretary...
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Mar 20, 2010
03/10
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CNN
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the house majority leader stanley hoyer said they have the votes now but they want to be sure and leaving nothing to chance. >> you see these behind door meetings, i don't know, do you think democrats, they may be keeping a confident face to the public, showing the public confidence, but when you keep hearing, there's another no, that doesn't bode well, it appears. >> it could be, and as i said, there have been democrats switching both ways over the past 24 to 48 hours. so i think on the other side, i think there have been -- there were a number of democrats who voted yes in november who are in very, very tough political races and you heard the president allude to that today who actually surprised me and surprised many other people around here who decided when they announced that they were actually go to stay yes. but it has broken both ways, we'll see tomorrow if they're right. maybe if they're not right, they'll have egg on their face, but for now they're saying they're pretty confident inside that house chamber. >> mark, do you want to add anything to what dana had to say about this la
the house majority leader stanley hoyer said they have the votes now but they want to be sure and leaving nothing to chance. >> you see these behind door meetings, i don't know, do you think democrats, they may be keeping a confident face to the public, showing the public confidence, but when you keep hearing, there's another no, that doesn't bode well, it appears. >> it could be, and as i said, there have been democrats switching both ways over the past 24 to 48 hours. so i think...
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Mar 18, 2010
03/10
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WTTG
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. >> reporter: this new documentary was modeled on the famous experiment conducted by stanley milgramproducers of the tv show also wanted to understand why people willingly carried out sadistic orders despite knowing it was wrong. >> [ indiscernible ] they were only obeys orders. the experiment was to see if ordinary students would obey orders when it was clearly wrong to do so. and the disappointing finding was that almost all students w
. >> reporter: this new documentary was modeled on the famous experiment conducted by stanley milgramproducers of the tv show also wanted to understand why people willingly carried out sadistic orders despite knowing it was wrong. >> [ indiscernible ] they were only obeys orders. the experiment was to see if ordinary students would obey orders when it was clearly wrong to do so. and the disappointing finding was that almost all students w
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Mar 14, 2010
03/10
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so, judiciary is con stanley evolving but it moves very, very slowly. very slowly.t once someone is there, that man or woman is on the bench in federal court, they're on the bench for life. so it's very important. it's a priority for any president, democrat or republican. it's a priority for them. i think the last president, president bush, i think did an outstanding job of shaping the federal judiciary to what he wanted it to be and what his constituents wanted that court to represent. i think he did an outstanding job of that. he got very few road blocks along the way. and i think it's a model this president could emulate. >> hopefully. >> hopefully. that's right. >> i'd like to thank hue-man bookstore again for having me and thank you all for leaving work early to come out to talk with me aboutthis. thank you. [applause] >>> tell us w your biggest selling author is. >> currently on sale right now, glenn beck. still a new yor tes best seller list. has been there for several weeks. ar arguing with idiots went on sale last september. we shipped over 1 million copies
so, judiciary is con stanley evolving but it moves very, very slowly. very slowly.t once someone is there, that man or woman is on the bench in federal court, they're on the bench for life. so it's very important. it's a priority for any president, democrat or republican. it's a priority for them. i think the last president, president bush, i think did an outstanding job of shaping the federal judiciary to what he wanted it to be and what his constituents wanted that court to represent. i think...
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Mar 28, 2010
03/10
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i don't know if you are a comic book artist like stanley whose name is leader with you are a professional journalist, war journalist with that type of investigative training. i can tell you that i am a son of auschwitz survivors, and auschwitz, one of the things you struggle with in this book is the period of time that has elapsed since the serious story happens, the part of history happened and because of that long time period you struggle with trying to make an indelible mark in history of a true event that happened in time. it's very emotional for me because i live every day with the effects of what happened 70 years ago to my mother as a young child and they chose her from one line to the next. we sit now in a building where i walk around and i see, thank god, jewish names on walls that donated for this building out of the ashes of the holocaust. there are countless documentary's in the world today addressing the denial of the holocaust. we have a leader of the country close to 30 million people, mahmoud ahmadinejad as an official policy of very advanced country whose more than half i
i don't know if you are a comic book artist like stanley whose name is leader with you are a professional journalist, war journalist with that type of investigative training. i can tell you that i am a son of auschwitz survivors, and auschwitz, one of the things you struggle with in this book is the period of time that has elapsed since the serious story happens, the part of history happened and because of that long time period you struggle with trying to make an indelible mark in history of a...
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Mar 20, 2010
03/10
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MSNBC
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general stanley mcchrystal says this guy will be caught, brought to justice, presumably in a court of the opposing viewpoint offered by eric holder says, he thinks he won't be caught alive. what do you think about the differing views here? what's that signal to you? >> i think they're all trying to look really tough so the line from the right has been that the obama administration is soft on terrorism, they favor civilian trials instead military trials, they want to close down guantanamo and i think there is a big push-back against this saying we are being tough on these guys, we've killed 600 and some taliban and al qaeda figures just in the last year and a half. that's more than the bush administration was able to kill in the last four years in the administration. so we're being tough and they're just trying to project this toughness right now in congress and elsewhere. >> a lot of al qaeda-related operations though are secret. they're covert, joby. why is it that leon panetta's coming out now and talking about them? >> i think they're pushing several people out to make that point r
general stanley mcchrystal says this guy will be caught, brought to justice, presumably in a court of the opposing viewpoint offered by eric holder says, he thinks he won't be caught alive. what do you think about the differing views here? what's that signal to you? >> i think they're all trying to look really tough so the line from the right has been that the obama administration is soft on terrorism, they favor civilian trials instead military trials, they want to close down guantanamo...
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Mar 25, 2010
03/10
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WBFF
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. >>> it's not the stanley cup, instead is re residents in baltimore are collecting cups.y're collecting any recyclable. with one day left to go. joel d smith is live at hambden with a look at how things are shaping as the contest comes to a close. good morning. >> reporter: good morning, patrice. they want to extend this now. it's not just one day. it's another week because they had the snow and all that slowed down. it's more time for the neighborhoods to shape up. >> who is in front right now and when wil will we find out who ie winner. >> chess wald is in front. and look at points in 4th. it's a horse race. it's tightening up. people will have more time to recycle. the winner is going to get the block party. we're going to announce the winner april 17 at the spring clean up. >> reporter: give me a no, no, something that people are still making mistakes on. >> one of the biggest no, nos, is don't put your recycling in plastic bags. they need to be rebagged ask that ca--and that can gum up th. you can use any kind of container, cardboard boxes or anything to recycle. >>
. >>> it's not the stanley cup, instead is re residents in baltimore are collecting cups.y're collecting any recyclable. with one day left to go. joel d smith is live at hambden with a look at how things are shaping as the contest comes to a close. good morning. >> reporter: good morning, patrice. they want to extend this now. it's not just one day. it's another week because they had the snow and all that slowed down. it's more time for the neighborhoods to shape up. >> who...
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Mar 13, 2010
03/10
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CSPAN2
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i came here wanting to win the stanley cup.decision i knew was the right thing to do at the right time. i have been honored to have the opportunity to play in new york in the most famous arena in the world and have the best fans in the world behind me and will never forget the 10 years that i was able to be and have the honor to be the captain of the new york rangers. >> number 33. >> words can't describe those kinds of kids and what they mean to me. even right now in the losing locker room, i feel like the luckiest coach in america. >> understandably you didn't want to address the issue during the week that many people with the game over want to know what your level of interest is in the north carolina job. >> i couldn't give a flip about what they wanted. as a human being, all those people are not sensitive. >> they offered you the job, would you take it? >> haven't thought about it for one second. the guy that told you you have to ask that question. as a journalist, it's fine, but as a human being it's not nice. it's not sen
i came here wanting to win the stanley cup.decision i knew was the right thing to do at the right time. i have been honored to have the opportunity to play in new york in the most famous arena in the world and have the best fans in the world behind me and will never forget the 10 years that i was able to be and have the honor to be the captain of the new york rangers. >> number 33. >> words can't describe those kinds of kids and what they mean to me. even right now in the losing...
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Mar 16, 2010
03/10
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WETA
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general stanley mcchrystal will have firmer central control. he's the overall nato commander in afghanistan. "the new york times" reported mcchrystal wants to rein in special forces, mainly to cut down on civilian casualties. the nato spokesman denied that report. pepsi-co announced today it's removing all full-calorie, sugary drinks from schools around the world in the next two years. it would be the first soda maker to do so worldwide in both elementary and high schools. coca-cola has said it will no longer sell its drinks in primary schools around the world, unless parents or school districts ask. tiger woods returns to tournament golf at the masters next month. he confirmed it today in a statement. woods has not competed since disclosures last fall of his multiple infidelities. also today, sony music and the late michael jackson's estate announced the largest recording deal ever for the artist's work, worth $250 million. the seven-year agreement includes songs never before released, plus jackson's music catalog. those are some of the day's
general stanley mcchrystal will have firmer central control. he's the overall nato commander in afghanistan. "the new york times" reported mcchrystal wants to rein in special forces, mainly to cut down on civilian casualties. the nato spokesman denied that report. pepsi-co announced today it's removing all full-calorie, sugary drinks from schools around the world in the next two years. it would be the first soda maker to do so worldwide in both elementary and high schools. coca-cola...
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Mar 18, 2010
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. >> reporter: in the 1960s an american psychologist named stanley millgram, driven by the events ofudy the relationship between deviance and authority, conducted similar experiments. most people did what they were told. despite the screams of pain. to find out, we teamed up with dr. jerry berger. >> reporter: three years ago, dr. berger and chris cuomo did something very similar on "primetime live." >> 150 volts. >> ah! get me out of there, i told you i have heart trouble. >> reporter: will troy listen as the learner begs him to stop? or will he follow brian's orders? >> the correct word? >> the correct word was white horse. >> please continue. >> the next item is sad. >> reporter: he obeys the orders. why didn't you stop? >> the strap -- i saw him getting strapped in. they were just like little -- he could have just -- if he was in that much pain he could have just tore himself off. >> why are you putting it on him and not you the experimenter? >> i was just doing my job. >> reporter: most experiments, around 65% of people administered the potentially lethal shocks. so how come 80%
. >> reporter: in the 1960s an american psychologist named stanley millgram, driven by the events ofudy the relationship between deviance and authority, conducted similar experiments. most people did what they were told. despite the screams of pain. to find out, we teamed up with dr. jerry berger. >> reporter: three years ago, dr. berger and chris cuomo did something very similar on "primetime live." >> 150 volts. >> ah! get me out of there, i told you i have...
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261
Mar 26, 2010
03/10
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FOXNEWS
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. >> you and me, we want to loan -- want a loan, where do you go, can't go to citi, morgan stanley, the local neighborhood bank, you got to go to the open arms of the federal government that says don't worry, we'll give you this loan, we'll give you this loan at a low rate and if you get your loan through someone else and need to dwawl, it's okay, we're going to take care of it, we're going to mitigate that mortgage, we're going to drop the rate, in some cases, we're even going to drop the amount you owe to that bank. megyn: it's the federal government doing that, is it taxpayer dollars helping, in other words, if you're under water on your mortgage or help getting a mortgage you shouldn't be given and go to fannie or freddie and get it, am i as a responsible taxpayer helping you? >> not only are you doing that, the indication you're giving to everyone is it's okay to default on your mortgage, it's okay if you get under water, to walk away, foreclose on your house, maybe if things get better, you'll go ahead and start making payments, get another mortgage and that's the problem. people
. >> you and me, we want to loan -- want a loan, where do you go, can't go to citi, morgan stanley, the local neighborhood bank, you got to go to the open arms of the federal government that says don't worry, we'll give you this loan, we'll give you this loan at a low rate and if you get your loan through someone else and need to dwawl, it's okay, we're going to take care of it, we're going to mitigate that mortgage, we're going to drop the rate, in some cases, we're even going to drop...
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150
Mar 4, 2010
03/10
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CSPAN
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secretary stanley, do you want to begin? once again, thank you for being here. >> good afternoon. i am honored to be here to represent men and women in uniform. i have been on the job for just about two weeks. i had to assure you that i hit the ground running. this being the first hearing, and i am looking forward to your questions. we prepared a joint statement that i believe you have. myself, mr. johnson and general ham, i will turn it over to them for opening comments. >> thank you. in ms. j johnson, general counsel for the department of defense. as the secretary pointed out, we have our prepared written statement. i would just like to say in summary that secretary gates has appointed general hamm and me to cochair this working group. the goal of our working group is to assess the impacts of the repeal of 654 should the congress decide that that is the course of action it should take and to develop an implementation plan should there be repeal and to understand all of the issues associated with a repeal. we are at the outset of that process. we are just beginning at this stage
secretary stanley, do you want to begin? once again, thank you for being here. >> good afternoon. i am honored to be here to represent men and women in uniform. i have been on the job for just about two weeks. i had to assure you that i hit the ground running. this being the first hearing, and i am looking forward to your questions. we prepared a joint statement that i believe you have. myself, mr. johnson and general ham, i will turn it over to them for opening comments. >> thank...
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169
Mar 4, 2010
03/10
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CSPAN
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stanley, based on the information provided your department, it does not seem to have had any affect on the ability of the military services to recruit and train high quality people in numbers that meet or exceed requirements. . , section 64 is not inhibited to the army, marine corps from rapidly expanding manpower levels while fighting to separate wars. to you agree with the assessment that section 654 is no significant hindrance to successful retention during successful retention during wartime? >> what i hope the assessment or the review that we do will be deleted and to that question. i cannot answer that question right now but i will say that i know that as we go forward, we will be able to answer more accurately in the future. i am sure that we will. again, thank you for your efforts and i wish you well as to pursue this issue. i yield the balance of my time. >> thank you. thank you, madame chair. thank you for being here. we appreciate your work at this important time in our history. i want to assure you that i think your work is not only important but it will be used. i know the
stanley, based on the information provided your department, it does not seem to have had any affect on the ability of the military services to recruit and train high quality people in numbers that meet or exceed requirements. . , section 64 is not inhibited to the army, marine corps from rapidly expanding manpower levels while fighting to separate wars. to you agree with the assessment that section 654 is no significant hindrance to successful retention during successful retention during...