>> the head of the swiss national bank -- bank philip hildebrand, has been brought down, anand inlvesighly controversial and profitable currency exchange deals carried out by his wife. the trades were made just before and just after he took steps to weaken the swiss franc. while he denies providing his wife with inside information, he acknowledged that he cannot prove his innocence and has reside with immediate effect. >> in the end, philip hildebrand bowed to bring pressure. he joined the central bank it thousand three and became president two years ago. but, recently, he made headlines due to his wife's currency transactions. she runs an art gallery in zurich. in mid-august, the former currency trader purchased over half a million u.s. dollars. she profited handsomely after the swiss national bank intervened to lower the value of the franco a short time later. >> after thoroughly checking the documentation and careful consideration since the press conference, i have come to the conclusion that it is not possible to provide conclusive evidence that my wife initiated the foreign curre

the wife of philip hildebrand the head of the swiss national bank sold swiss francs just a few days before the swiss national bank initiated exchange controls and devalued the franc the timing of the transactions was nearly perfect the suggestion is that pillow talk between husband and wife led to the trades now however max he says don't expect has thrown because there's been an investigation and they've cleared the couple because they only made fifty thousand dollars in the month and philip held a brand makes nine hundred fifty thousand is the head of the swiss national bank so he wouldn't possibly do this because he has so much money and he wouldn't want to jeopardize his career you know this brings up a lot of interesting story wealth equals moral superiority that's an interesting byproduct of this economic system that has engulfed the globe is that the more money you have the more morally virtuous you are and you become a ball vul law that's why people like you run these banks believe that they're above the law they're doing god's work as blankfein would say because he has a lot of wea

also scandal caused the head of the swiss national bank to shutdown.who could be responsible. >>> massive fire sweeping through western peru. the fire started in a kitchen of one of the homes yesterday in a camp and quickly spread. what made matters worse are gas canisters throughout the village began exploding and spread the fire further and faster. a short circuit could have ignited the blaze. it destroyed 250 homes and injured several people. >>> police recovered 13 bodies dumped at patrol station sunday in mexico. there were threatening messages left but they would not give the details of the content of the messages, the town is the base of the drug cartel specializing in smuggling, extortion and other crimes. >>> head of swiss national bank stepped down. he was at the center of alleged insider trading scandal. his wife made a huge currency purchase at a time when the bank was trying to protect the swiss frank. emails leaked to the press and suggested hilda brand new about the tran action. >>> countdown for the olympics has gun. a cabinet meeting w

the head of the swiss national bank quit in a scandal today. chairman philipp hildebrand said he was resigning to protect the integrity of the central bank. hildebrand said it was impossible for him to prove that his wife acted alone in a currency trade last year. that trade was made just weeks before he oversaw steps to cap the rise of the swiss franc. her profit on the trade has not been revealed, but its believed to be around 75,000 swiss francs. with partisan politics reaching new heights, tonight's commentator has high hopes for the new year. he's doug holtz-eakin, president of the american action forum. >> 'tis the season of hope as a new year stretches before us, but what should we hope for - besides the obvious-- the steelers win the super bowl? i say we hope that good policy becomes good politics. the u.s. desperately needs entitlement reforms, fundamental tax reform, and a path to avoiding a debt crisis. so lets hope washington fixes social security, instead of continuing its paralyzing fight over whether to steal two months or a full

. >> in other news from of around the world, the head of the swiss national bank has resigned. he has been accused of benefiting from a currency deal made by his wife last year that yielded more than $60,000. he says he did not know of his wise transaction until after she made it, but admitted today he was unable to prove this. the turkish prime minister has warned of a civil war in neighboring syria, where the authorities are continuing to use deadly force to crush protests. it came as opposition activists released pictures which they say shows security forces flattening a suburb of damascus. we have no means of verifying the accuracy. the white house chief of staff, bill daley, is to step down. he is expected to be replaced by jacob lew, who is currently in charge of the budget. the position of chief of staff is regarded as crucial in washington politics. the man or woman who holds the job is not only a senior aide to the president but manages his schedule appointments. whoever gets the keys to the white house, the one thing for certain is that relations with iran will contin

news now from around the world -- >> in other news from of around the world, the head of the swiss national bank has resigned. he has been accused of benefiting from a currency deal made by his wife last year that yielded more than $60,000. he says he did not know of his wise transaction until after she -- wife pose a transaction until after she made it, but admitted today he was unable to prove this. white house chief of staff bill daley is said to step down. jacob lew will be replacing him. the position of chief of staff is regarded as crucial in washington politics. the man or woman who holds the job is not only a senior aide to the president but manages his schedule appointments. one thing sure to occupy obama is iran. u.s. citizen amir mirzaei hekmati was reportedly sentenced to death by a court there. he was found guilty of spying for the cia a month after he was shown making a confession on iranian state television. american denies the charge. >> iran routinely accuses the united states of espionage and it has produced this to make its -- has used amir mirzaei hekmati to make its point. i

he said he followed the swiss national bank's internal rules when his wife made half a million dollarrade. the timing of the move is in question, because days later, he took action to lower the value of the swiss franc. his wife is a former currency trader who is now running an art gallery in zurich. as the debt crisis rages on in europe, many market leaders are focusing on emerging economies. india is one example. the auto expo in delhi began today, offering a showcase for car makers who want to present their wares to indian customers. clucks some 15 new car models are making their debut at the auto expo. 2010 saw indian car sales increase by about 30%. although growth slowed last year, demand is expected to remain high. >> we're looking at a growth rate of close to 7.5% over the past few years. that is propelling the demand. >> but getting a foothold in india is not easy, with average annual income at 1000 euros, the market is dominated by compact cars, like the new model by an indian manufacturer. the starting price is 5000 euros. foreign luxury carmakers like bmw, mercedes, or for

and negative yield will talk about why and the chairman of the swiss national bank has resigned after allegations his wife cashed in on the central.

months and we are very close, of course, to the sort of level one swiss e-20 at wisz ch the swiss national bankn't go too far, simon. i have pisany down here, tanned and rested from florida. >> research. key west -- >> for the public information. >> trust me. i know all about it. what happened in europe, but you know, the best performing sector -- best performing country was? guess. >> greece. >> greece. put up the board here. greece was up 17% in january! one trader quipped to me as goes january so goes pap day mos. the trader talk over the weekend shifting from private sector cuts in greece to public sector debt cuts. people saying the ecb and others taking cuts. they don't want to, they have to. more international assistance. 130 billion is still not enough. the numbers more and more elusive for greece here. the head of the euro group, prime minister of luxembourg said he would not disregard a public hair cut. we're drifting south. consumer confidence number at 10:00 took the winds out of the sails here and disappointment, a little bit of disappointment on exxonmobil's earnings and a big sto

swiss bank and cayman island bank accounts. i didn't say that. you did. >> i did. and i'm perfectly happy to say that on an interview. this is a national debate, where you have the chance to get the four of us to talk about a range of issues. >> you make a serious accusation against governor romney like that, you need to explain that. >> wouldn't it be nice if people didn't make accusations somewhere else, that they weren't willing to defend here? >> reporter: it's not just the debate. romney has brought down gingrich's high-flying campaign with an avalanche of negative adses. according to an abc news analysis, romney has spent nearly seven-times as much on tv ads than gingrich. so many ads, he seems to lose track of them. >> you have had an ad running, that speaker gingrich calls spanish, quote, the language of the ghetto. >> i doubt that's my ad. but we'll find out. >> we just double checked. you said, i'm mitt romney and you approve this ad. >> reporter: romney, with ally john mccain, has ridiculed gingrich for proposing a permanent u.s. base on the moon. >> i think we should send newt gingrich to the moon. and mitt romney to the wh

swiss bank and cayman island bank accounts. i didn't say that. you did. >> i did. i'm perfectly happy to say that on an interview on some tv show. this is a national debate where you have a chance to get the four of us to talk about the issues. >> if you make a serious accusation against governor romney, you need to explain that. >> you want to try again? >> wouldn't it be nice if people didn't make accusations somewhere else that they weren't willing to defend here. >> okay. all right. okay. given that standard, mitt, i did say, i thought it was unusual and i don't know of any american president who's had a swiss bank account. i'd be glad for you to explain that sort of thing. >> okay. i will. i will. i'll say it again. i have a trustee that manages my investments in a blind trust. that was so that i would avoid any conflicts of interest. that trustee indicated last week when asked about this, he wanted to diversify the investments that i had and for a while he had money in a swiss account, reported in the u.s., full taxes paid on it, u.s. taxes. there's nothing wrong with that. i'm proud of the taxes i pay. my taxes plus my charitable contributi

swiss bank and cayman island bank accounts. i didn't say that. you did. >> i'm happy to say that on an interview. this is national debate. >> if you make a series accusation against governor romney like that, you need to explain that. >> you want to try again? >> wouldn't it be nice if people didn't make accusations somewhere elsewhere they weren't willing to defend here. >> mitt romney shoots, he scores, but wait, what about mitt's investmeninvestments. surely he could get in a zinger or two on that. not so much. >> my investments are not made by me. they have been in a blind trust. i know that sounds like an enormous revelation, but have you checked your own investments. you have investments through mu chul funds that invest in freddie mac. >> romney does have investments in fanny and freddie. he's got so much money, he can't count it. we know mitt is a money man. where is newt, the idea man, the guy who wants to put the 51st state on the moon. if not for president gingrich, the chinese might kcolonyize th moon first. >> i do not want to have gotten there first, saying it doesn't matter. >> i spent 25 years in

deeocratic national committee chaiiwoman debbie wasserman schultz comments on release more tax returns. wwsserman schultz: "he's only year showed he lefftoff the - swiss bankar.in tampa, craig boswell, fox news. sseeall of our stories about the race for the white house. go to foo-baltiioreedot com... and click on the vote 2012 icon in the news features section.all of the stories on our website are free fox45 takes you inside the florida primary. we'lll have continuing coverage of the race with live reports from our election teams in florida o tuesday. 3 a.../ at... a.../ jewelry... store. store. surveillance videoo../ shows .../ baaging in...////. ááoneáá.../ ggabs.../ a... 19-yyar-old woman.../ by... the hair...//// ááandáá throws her ...to the ground..../// áátheáá other ...threatens a male...../ with a gun...///. ááitáá happened... aa... closing time.../ while... he was on the phone.../ with... a worker. 3 heidt: "i was talking to one of my employees on the phone all of a sudden she stopppd mmd sentence...there was no further conversatiin." the... sttre ownee suspicious... of áthisá guy../ ááaáá... believes.../ knows something.../ ááheáá came in... 3--s

attention to the race of the democratic national committee chair woman says romney needs to release more tax returns. >> the one year we saw showed he left off a swiss banking. the only reason to have have a swiss bank account is to hide something. >> the winner daks away 50 delegates--takes away 50 delegates. >> gingrich faces a lawsuit tonight over a campaign song. rude music owns the rights to eye of the tiger. the company says he is suing- -using the song without permission. >> they are asking him to stop using the song. >> a strong earthquake shook per are you every night. it happened over--p enchts r u. >> it damaged 16 homes. more than a hundred people suffered injuries. today is the third to hit the coast in 5 years. >> two auto spliers have agreed to pay fines over a price fixing conspiracy. >> these 2 corporations will pay more than a half billion dollars combined. documents say the company sold parts to ute owe makers in the u.s. and--auto makers in the use. >> they will serve up to 2 years in prison as part of the deal. >> are you fed up with the phishing scam emails from high tech giants like facebook and google. they have created a system to w

swiss bank and cayman island bank accounts. i didn't say that you did. >> i did. i'm perfectly happy to say that on an interview on some tv show. this is a national debate where you get the chance to get the four of us talk about -- >> you make a serious allegation against governor romney like that. you need to explain that. [boos] >> bill: awe, joining us from miami bernie goldberg who is usually on monday evenings but will be out of town so in case he never comes back we wanted to have him on one last time today. >> very nice, bill. very nice of you. >> bill: i'm always looking out for you bernie, come on, man. you know that the cnn suits, the people behind the throne told blitzer if he comes after you, you better slap him back. you know, no more john king stuff. you better go back after him. that's exactly what that was all about. i thought blitzer did a pretty good job saying, hey, if you are going to make a big deal out of it in your campaign, i'm going to ask you about it. don't give me any garbage. i would have done that. >> right. here is my rule of thumb. it's legitimate to go after a reporter or moderator if he asks you an unreasonable

swiss bank and cayman island bank accounts. i didn't say that. you did. >> i'm perfectly happy to say that on an interview on a tv show. this is a national debate. >> if you make a serious accusation against governor romney like that you need to explain that. >> mike: how did wolf blitzer handle being attacked by gingrich in the debate? time for the report card. handing out grades today, man mancow muller and kimberly guilfoyle who is cohost of the five right here on fox news channel. all right, guys. first of all, let's take a look at your grade. we'll start with you, mancow. what grade do you give. >> do i write it now. >> mike: yeah. >> for who? who am i judging. >> mike: how did wolf blitzer handle it. >> keep it from them. >> as soon as you write it hold it up. >> an f. >> i'm sick of watching this guy and john king is the worst and that chuck todd with his lips planted on obama's backside. these are puppets. these are puppets of the media and of the left. they are mouthpieces for obama and look, i think wolf did an okay job. newt is not -- >> mike: you you gave him an f? >> i gave him an f, though. >> mike: what kind of grade do yo

swiss bank and cayman island bank accounts. i didn't say that, you did. >> i did. i'm perfectly happy to say on an interview. this is a national debate to get the four of us. >> if you make a serious accusation against governor romney, you need to explain that. >> you want to try again? >> wouldn't it be nice if people didn't make accusations somewhere else that they weren't willing to defend here? >> okay. all right. >> boy. >> ka boom. that there was the important thing that not only wolf blitzer stood his ground, and i think correctly so, even though we knew boos were going to come. but mitt romney well, schooled and well prepare forward this debate essentially sided with wolf blitzer and at the same time called newt gingrich out as a bully saying, if you're going to say that off the air -- off the stage, i want you to say it to my face. and that showed me just how well prepared and determined mitt romney was in this debate. >> chilling stuff. great battle motion there and battle action there. by the way, susan, you are a real pro as a journalist. george will once told me, the great columnist, as a columnist and opinion wri