he took tremendous -- i mean, he's just had tremendous -- really difficult last ten years. his last ten years, he's been living in hell. >> larry: donald, thanks so much for sharing these moments with us. >> thank you very much, larry.

here's your ten bucks. >> thank you.>> i would have licked that for free. [ laughter ] >> jimmy: that's awesome. now you understand what the t-shirt is. >> okay, thank you. thank you for indulging that, everybody. >> jimmy: i want to know about your show. >> oh, my gosh. >> jimmy: i'm a big fan of reality shows. >> well, so am i. you know who got me hooked on reality shows is anderson cooper. he is the biggest reality show junkie. >> jimmy: is he really? >> on the planet. >> jimmy: i didn't know this. >> no, i swear, he can tell you everything. he got me hooked on "the real housewives of atlanta." >> jimmy: oh, any "real housewives," i'm in. >> i'm telling you -- >> jimmy: my wife got me addicted. i love it. >> he got me addicted to "i'm a celebrity, get me out of here." >> jimmy: i couldn't do that one. >> i want -- i think they should combine them. they should combine them and say, "i'm a celebrity, get me out of new jersey." >> jimmy: that's a great -- >> the greatest idea for a show. >> jimmy: i like your idea of you

when am i gonna -- ten? it's ten? it's ten. >> jimmy: i know it's a lot.eah -- >> so it's like one photocopy and i would do that ten times in a row. >> jimmy: ten, yeah -- just, whenever you can do it. i mean -- >> okay. going to have to -- >> jimmy: you can do it now even. >> oh, geez. >> jimmy: i mean, i could do it -- if you -- >> really? that's great. >> jimmy: yeah, okay. totally. >> thank you so much. >> jimmy: no problem. ♪ >> jimmy: hey, higgins. >> steve: a little hair of the dog. pizza party way, way too hard last night. >> jimmy: glad somebody got the pizza party last night. anyway, i got to get these copies of the monologue made. do you know how to use this thing? >> steve: not a clue. can't you have your assistant do it? what's her name jillabee. >> jimmy: ah, she couldn't do it, she's too busy. can you help me? >> steve: well, you know what? i can figure this out. yeah. we'll figure it out. >> jimmy: do you know where to put it in? >> steve: i think it goes in over here. there we go. there we go. >> jimmy: thank you. >> steve: voila. >> jimmy

the clerkle worker gets ten of her friends, maybe her entire church. they prepay that physician has to manage their costs. now, they're paying o 50 a month. but if they don't like that physician they can transfer to another. and so, therefore, the physician is incentivized to take care of them. and the way it works out in the west coast is they provide labs, son generics, x-rays, the whole thing. >> where do they get the $50 a month? >> i do think there could be a credit given to the folks who are below a certain income level to fund that patient directed health spending account that they could then move. the advantage of this program is you're cutting off the administrative costs of billing the insurance. 40% of a practicing physician's cost is related to billing insurance companies. if all of a sudden you're just getting pre-paid $50 a month, that is where you remove 40% of the cost. so, therefore, that's how you fund this, through the savings of the administrative costs. >> i wanted to ask you about the public option. you were here in 2003 for the m

stock market is trying to make it ten days out of ten for gains here in urch. the ftse cnbc 300 is just nudging back on that uk data. the ftse 100 had gone into positive territory. we'll see where the reaction is on that. maybe we will, maybe we won't. who knows. there we go. we just put some boosts on before the data. if we close at these levels now, we will be up ten straight days here in europe and indeed we will up around 3% at the moment on the year. euro had been firmer against the dollar. .4212. putting meat on the bone against the pound, as well, at 0.8626 and the dollar is pretty steady against the yen, christine. >> hey, ross. here in asia, most sessions got a lift from strong corporate earnings improving sentiment on the last trading day of the week. the kospi up 0.4%. the shanghai market up 1.3%. a lot of sentiment got a boost basically from reports that the government will keep monetary policy lose. the hang seng is pulling back just a little bit after breaching the 20,000 level and the bombay sensitive index is up 0.9%. but you know what, china, b

and what they found was that in ten examples, ten for ten, they were able to get bomb making materials passed security. they were able to go to a restroom and assemble a bomb, put night a briefcase, walk around all through a federal building and near offices of lawmakers, near places where citizens would go, like social security office, and that kind of thing undetected. and that report is making people here on capitol hill very nervous. trying to figure out how can they fix this. >> you said ten for ten. does that mean every time they tried it or was -- were there at least a few times where they were stopped by security? >> reporter: for that particular kind of test, ten for ten. each time they were able to get by. they did some other kind of testing, too, in tms of looking at records, do the security guards most of them are contractors and not federal employees. do they have the proper certification, for example? and in some stunning numbers, they found that people didn't have the proper training, didn't have the proper authority to have a firearm, and things that would be very basic

ten times, ten times, erica hill has turned me down. oh. you know -- >> is it true?ndi, we're friends. if i ever heard from george clooney, don't you think you'd know? >> yeah. >> drop him an e-mail. go for it, i could get you a beat 360 t-shirt, george. just saying. >>> ahead, on the new york subway train, spirited tribute to michael jackson. music blaring, riders grooving. it was all good. >>> tonight's shot, a dance visual for michael jackson. it happened the day after he died on new york's subway in the last car of the brooklyn bound "l" train to be exact. take a look. apparently a jackson fan used twitter to spread the word about the celebration as the train raced toward brooklyn. the party really heated up. just another day in the new york city subway, randi. that's what it's like every day on my way to work. >> i've never seen people having such a good time on the subway or getting that close to each other. >> i think i live on the wrong subway line. >> nice way to honor him, i will

ten times, ten times, erica hill has turned me down. oh. you know -- >> is it true?> randi, we're friends. if i ever heard from george clooney, don't you think you'd know? >> yeah. i do. >> i tell you. george clooney, if you want to drop me an e-mail, go for it. i could get you a beat 360 t-shirt, george. just saying. >>> ahead, on the new york subway train, spirited tribute to michael jackson. music blaring, riders grooving. it was all good. it's also tonight's shot. >>> the latest details in tonight's breaking story. widening investigation of michael jackson's death and the possibility it would lead to criminal charges. triglycerides are still out of line? then you may not be seeing the whole picture. ask your doctor about trilipix. statin to lower bad cholesterol, along with diet, adding trilipix can lower fatty triglycerides and raise good cholesterol to help improve all three cholesterol numbers. trilipix has not been shown to prevent heart attacks or stroke more than a statin alone. trilipix is not for everyone, including people with liver, gallbladder, or seve

why not just forecast ten months?d be the highest unemployment rates would go. now it is ap ploaching 10 -- now it is approaching 10%. i remember the last administration saying it would only cost $50 billion for the war when it started but now it will be $500 billion, if we're lucky. predicting life years out is meaningless. life makes these predictions look stupid and childish. when i was a ten-year-old child, i wanted to be a astronaut by the time i was 20. i never factored in fitting into the rocketship. wierd. i guarantee that a ten-year forecast in 2000 never included a terror attack on our soil or a costly war on somebody else's soil, just like i can guarantee you it did not include financial meltdowns or bailouts. that's why you shouldn't put much faith in them and you certainly shouldn't be bragging about it, so when the president boasts about trimming long-term deficit spending by $7 trillion smackers from $9 trillion smackers, smack some sense into him and remind him you don't brag about what you haven't don

a trillion annually ove the next ten years. this worsened outlook is stirng unease on main street and begiing to reorder priories for barack obama and theemocratic congssional adership. by 010, redung theficit will become their primary focus. anthen you end ts by sayg "this challenge may the toughest onemr. obama faces in his first term. fortunaty, the new president is enormously gifted. that's imptant because it is no longe a tter of whether tax revenue must increaseut how." i continue in e-ml exchae betwn you and me. he administration is just a nearly impossibl situation. growth as i argued in that piece is goi to be distinctl subnmal for 2010 and 2011. at the same time,he ficit outlook will emerge as much worse. at one level, you can withdraw stimulus,i.e., pursue deficit reduction, when the onomy is soeak. t at another, t publ and financiamarkets will be rebelled erne trillio dollar deficits as faas the eye can see. this wl be gets brg r obama. hofully he's in a blue unirm but who knows?" stng language. a huge problem. it i

in a ten-year window. >> that's what they do. >> as soon as we get outside of the ten-year window ifyou use the 75-year life, because that's what we use in medicare, medicaid and social security, it is immediately insolvent and the -- >> and the law requires the secretary to step up and make the at juddmedjustments to make solvent. >> you than from day one. once you get out of the window. >> we're talking in circles on this thing. >> mr. chairman? >> senator casey? >> these discussions are helpful, but i think sometimes when they are extensive we lose a couple of facts that should be on the table or we should re-introduce some facts. the earlier discussion about the congressional budget office and new scoring it was not by this congressional. it was by the budget office. it wasn't something that was invented on this side of the table. secondly, with regard to the discussion about the class act just so the record is very clear, this is the july 6th congressional budget office letter this is paragraph 5, and i quote, the congressional budget office estimates that the proposals on that

a trillion annually over the next ten years. this worsened outlook is stirring unease on main street and beginning to reorder priorities for barack obama and the democratic congressional leadership. by 010, reducing the deficit will become their primary focus. and then you end this by saying "this challenge may be the toughest one mr. obama faces in his first term. fortunately, the new president is enormously gifted. that's important because it is no longer a matter of whether tax revenues must increase but how." i continue in an e-mail exchange between you and me. "the administration is just in a nearly impossible situation. growth as i argued in that piece is going to be distinctly subnormal for 2010 and 2011. at the same time, the deficit outlook will emerge as much worse. at one level, you can't withdraw stimulus, i.e., pursue deficit reduction, when the economy is so weak. but at another, the public and financial markets will be rebelled over one trillion dollar deficits as far as the eye can see. this will be gettys brg fo

we were down 70 points ten minutes ago. now we're down 30. so we're getting a little bit of a rally here late in the day. dow jones industrial average well off its lows. same situation with the nasdaq, melissa. >> up next, the "fast money" final call. yahoo investors not liking the company's search engine deal with microsoft. but is the sell-off a good opportunity to buy into this stock? we have some answers in a moment. >> and after the bell an exclusive interview with the ceo of texas instruments. find out if he's seeing increasing demand for his chips and why the company is shifting focus toyotas analog chip unit. welcome to the now network. population: 49 million. right now 1.2 million people are on sprint mobile broadband. 31 are streaming a sales conference from the road. eight are wearing bathrobes. two... less. - 154 people are tracking shipments on a train. - ( train whistles ) 33 are im'ing on a ferry. and 1300 are secretly checking email... - on a vacation. - hmm? ( groans ) that's happening now. america's most dependable 3g networ

no local towns made the top ten. >>> in sports, are you ready for football?timore ravens open their training camp for rookies today in westminster, maryland. asker the redskins, rookies and veterans are due to report on wednesday. the washington capitals have brought a title to dc in their second season. they won in front of the home crowd. washington led start to finish and the kastles hosted the treuty at the end of the day. the nationals play in milwaukee tonight the start of a four game series with the brewers on sunday they wrapped up a series with the padres and austin came up big in the tenth inning. >> right center. austin kerns, wins the game for the nationals. >> his two out rbi single drive in morgan. nats win 3-2 and have won four of the last six. >>> over to nascar and the all- state 400 at the brick yard. on lap 138. johnson and the 48 car takes the lead from martin. stewart leads the chase for the cup. >>> our time is 6:25. ahead, sarah palin resigns from office. a look at what is next for the former governor. and plus the "endeavor" astronauts

three in ten amecans saw their opinions of sarah palin change after her resignatn. democrats now viing less favoray by a margin of four to one. more tellily, pendents now viewing her less favorably by a margin of two to one. still confused abouthehy? >> you know why they're confused. i guess th cannot take sothing today at face value. >> b as her speeches backchecked, should yonee her at face value. she claims she was vindicated in all the ethics iestigations, she was no d if she thought she was done as late-night comedy fodde she wanot. >> the category tonight, t ten meages on sarah palin's answering maine. i asked george w. shwhy didn't anyone tell me resignin was an option? >>> king carl is dispod, well, as in he gives a deposition, not ey took his throne away. eight hours of grilling by federal investigators out the politicarge that claimed ne u.s. attorneys. >>> sotomayor again. house senator sessions cares less about a fair hearing and mo aboutsing an unfair one to push his agenda. this as the american bar association issues the jge its top rating. well qualif

but he lost a certain amount of confidence in the last ten years. i mean, he went through a lot. including some very, very bad doctors. >> larry: what about the business aspect of this? is he going to be worth a lot more gone than here? >> well, he's going to be worth a lot of money. he's got all of his albums are number one now. i mean he is -- probably they've never seen anything like it. i guess the debt will be paid off pretty quickly. he really was. he was a great businessman. and i talked to him -- he'd come into my apartment, we'd talk a lot about business. as an example, he met with paul mccartney. paul mccartney was telling him -- and this is a well-known story. michael told it to me. paul mccartney mentioned he was going to try to buy back the other half of the beatles music. michael then went out and bought it. you could say it's not very nice. i've heard paul has always been very angry at michael for doing that. perhaps paul shouldn't have mentioned it. perhaps that's just business and the way it is. but he really was a very, very good businessman. very smart guy. >>

i'll give you ten copies. bet i can strike you out. >> i bet you can, but you've got to see my hitting, i'm not kidding. you'll get a dvd very soon. sean: and we'll have greta coming up 20 short minutes from now. [ male announcer ] when can a t-shirt become a pacifier? when you add ultra downy with renewing scent pearls. you get 3x longer lasting freshness so you feel more connected. downy...feel more. [ water ] hey, it's me -- water. did you know that when you filter me from your tap i'm pretty much the same as i am in a plastic bottle? well, that's not entirely true. see, at home, i'm 10 times cheaper. other than that, though, i'm pretty similar. oh, wait, there's no expiration date. and i don't have to get shipped all around the country. but other than the costing, the expiring thing, and the shipping thing, we're pretty much the same. pur. good, clean water. at amway global, it's the foundation of our business. because opportunity built nutrilite, the world's... top-selling vitamin, mineral, and supplement

nine or ten. he was nine, yeah.tory as one of the greatest readers of the song. a song writer wants to always have a singer that is able to take the lyric and give it the complete meaning that it was meant to be when the song was written. so he took the lyric of "who's loving you" and other songs that he did and made it completely believable. in your opinion that experience and he was great with that. >> couric: and he did it time and time again. stevie wonder. stevie, thank you so much for coming and sharing your thoughts with us on what i know is a difficult day for you. >> yeah. it's a very painful moment. it's sort of surreal i guess. as much as i know it's true, i can't believe it. but i just encourage everyone to take... take the book of michael's life and the positive things that he did and the music that he made and the songs that he sang and the commitment that he made to humanity, take that book and read it and we all can be inspired to do more for our humanity as he did. >> couric: well, stevie wonder, ag

but missing the ten-foot putt, cost him huge. forced watsdz son into a fourth hole playoff with the winner, stewart cink. is that how you say it, thank goodness and won the playoff by 6 shots after watson's driving an club selection let him down and gave cink the first major championship of his career, and, you know what is amazing, is tiger woods didn't even qualify for the british open. >> kelly: didn't make the cut. >> julie: and this guy about to turn 06 years oiled is better than tiger woods, that is in my mind, won the bishop open. >> julie: he's one of the best and was staying in the tom watson suite at the hotel, that is how good highs and something else going on that is not good for the south carolina governor, that is mark sanford. skipping this year's national governor's association meeting in biloxi, mississippi, but he is continuing to make headlines, thanks to an op-ed piece that he wrote for a south carolina newspaper. sanford apologizing for his extramarital affair, and saying to the people of his state, quote, wh

. - after years of medical treatment for their infertility, ten childless years passed by and andreaost hope. - you feel like something is missing and it's something most people do take for granted. so you do wonder why it's happening, and it's hard. - doctors told them they would not have biological children of their own. the news hit them hard. - so it was, in one way we knew that okay, no more monthly roller coasters of wondering is this going to be the month and then finding out that it's not. - knowing that i was infertile was tough for myself to deal with. - at that point, it was the end of a chapter because you had to grieve the fact that you're not going to see your husband's eyes in your child. - i was also looking at andrea saying she may not be able to go through the pregnancy experience. i kind of felt that i had taken that away from her, so i felt guilty also because of that. - it does take a lot to work through. - the janssens knew children would be part of their plan. andrea looked into international and national adoption, but the wait would be long. the number of pare

we've got the ten year at 3.62%.ecky, one of the things that helped was that we had a good seven-year auction yesterday with lots of foreign participation. this morning, of course, we're getting data out of europe there on inflation and unemployment. has that affected the markets at all? >> let's take a check. so these cries for protectionism and defense thereof seem to be gathering speed.. let's take a check on those european bourses, though. we are seeing some declines. let's call it unchanged, really, for the ftse, the cac and the smi. the dax at this stage is the market that seems to be moving lower by just about 0.25%. let's move on and talk about other markets. dollar/yen, 96.57. 1.4105 for euro dollar. christine, what is the update in asia? >> earnings momentum, showing asia can lead out of a recovery. the nikkei 225 up 1en 9%. the kospi up 1.5%. the shanghai market clearly a big winner today up 2.7%. there was talk about the central bank of china continuing to loosen monetary policy. the hang seng is up 1.7%

the ten-year yield in the u.s. for the ten-year note has moved up to 3.62%. gold at this hour is trading to the upside, as well, up nearly 1.5% at $948.70. fed chairman ben bernanke is set to deliver a fresh report today before congress. on wednesday, bernanke will go before the senate banking market. in an op-ed piece in the wall street journal, he says the huge amounts of money that the fed has pumped into the system will not undercut its ability to raise interest rates when the time is right. he says it's like an easy policy will be needed for some time, but as the economy recovery takes hold, the fed will need to tighten monetary policy to prevent, quote, an inflation problem down the road. joining us now is christian blaabjerg, market strategy at saxo bank, and steven davesys, the ceo at chaplain wealth management. we're having a bit of a round table of sorts. gentlemen, i'm not sure if you got a chance to read better bernanke's piece in the wall street journal, but he essentially says, we're going to need to keep interest rates very low and we understan

take a look at the ten-you're bund. i imagine it moves here on the back of that data coming out of germany unemployment there. right now the ten-year yield for the bund is at 3.what%. here in the states, the ten-year note, we have got that yield moving back up as we saw another poor showing as far as the massive debt offering yesterday from the fed with the five-year didn't go very well, either. the bid ratio was rather low. another massive auction today. taking a look at spot gold, it is moving up just a bit as the dollar backs off its highs this morning on the back of that german data. joining us now for market strategy and outlook is phillip gessaeu and the other member of our panel this morning, paul ramscar. welcome to you both, gentlemen. phillipe, i want to start with you. it was interested here in the u.s., mohammed el-erian said he felt that this run up we've seen in the markets was a bit of a sugar high, that we all should get ready for a low on the back end of this. are you in agreement with him? >> i'm in ag

. >> registration takes about five minutes, vision test about ten minutes, refraction check about ten minutes. >> reporter: this is sort of a patients bill of rights almost? >> exactly, so they understand what's happening. >> reporter: aravind's reputation is drawing patients from farther and farther away. >> ( translated ): whenever you say "eye operations," everyone says, "go to madurai." >> reporter: 55-year-old k.g. angeneyulu had been in a three- year depression that started when cataracts began clouding his vision. he became completely blind three months ago. angeneyulu and his wife shobha endured a two-day train journey to get here. >> ( translated ): i was a sportsman. i used to swim. after the cataract, i could no longer move around. i got stuck at home, and i started eating. then, a leg injury made me even more immobile. i had problems being overweight, and i developed high blood pressure. >> reporter: by 9:00 the morning after arriving here, he was being prepared for surgery. already, dozens of patients had gone ahead of him. so, you've been going for two hours and done 16

i'll give you ten copies. i can strike you out. >> i bet you can, but you've got to see my hitting, i'm not kidding. you'll get a dvd very soon. sean: and we'll have greta coming up 20 short minutes from now. [ male announcer ] when can a t-shirt become a pacifier? when you add ultra downy with renewing scent pearls. you get 3x longer lasting freshness so you feel more connected. downy...feel more. of the world's most revered luxury sedan. this is a history of over 50,000 crash-tested cars... this is the world record for longevity and endurance. and one of the most technologically advanced automobiles on the planet. this is the 9th generation e-class. this is mercedes-benz. sean: so we're watching the hearings of sonia sotomayor. i guess the judge that used to be sonia sotomayor because she's a very different person today. now she doesn't believe that a wise latina woman -- >> if you took one quote from sean hannity and put it out there in your whole career, it would be -- that's what you're thinking. sean: li

after they've had a bad ten-year period.o admit, yeah, the last ten years have been horrible. the next ten years are generally excellent periods. you haven't ever lost. it's been 2% a year above the long run average. and by the way, the last bearish -- you said you think you're in the sector where the bear market period is interesting. people talk from 1966 to '81. but ten years on to that, from 1976 to 1981, you did well in the stock market. >> not on an inflation-adjusted period from '66 to '82, you lost 80% of your money from long only because inflation was so high. >> i understand that. but you know, once you already are ten years out into that period, then the return started to accumulate. and right now, after we've had one of the wor ten-year periods that we've had in history, the evidence is very, very clear that stocks do very well over the next ten years. >> jeremy, since world war ii, which is one of the bases that you used in the book, how have stocks done, how have bonds done? now bonds, we're talking about treas

investigators carrying bomb making material made it through all ten sites they visited in ten states.they put the bombs together in restrooms and went into various government offices while carrying these bombs in their briefcases. to show what one of the devices is capable of, the gao videotaped them. >> we found that 62% or 411 of the 663 guards who were deployed at a federal facility had at least one expired firearm qualification on domestic violence declaration or cpr, first-aid training certification, that was missing. more specifically, according to the most recent information from one contractor, we found that over 75% of the 354 guards at a level four facility had expired certifications. >> all the buildings involved in these tests are level four buildings, which means they house more than 450 federal employees and have a high volume of contact. >>> here's a way to help pay for president obama's health care reform. hospitals say they'll give out some medicare and medicaid payments. that adds to $155 billion, back in the government's pocket over a decade. as president joe biden

ten list. in a recessionary period, three or four will. >> what are the areas that you're looking at that you think are real sources of innovation and growth right now? you have a new kind of car company you're working on. >> the energy area is one big one and working on a car which is an ultrastream lined vehicle to save a lot on the cost of transportation and we think real time communications is enormous, the communications we have on us now with handheld devices and the conduction we have, great chance. >> maybe it will be big new innovation here. thanks for joining us. back over to you. >> up next, it may be virtual poker, but it's real money. >>> some in wall street that want to get a piece of pie "street signs" coming right back. tdd#: 1-800-345-2550 if i'm breathing, i'm thinking about trading. tdd#: 1-800-345-2550 i always have my eye out for a stock on the move. tdd#: 1-800-345-2550 doesn't matter if a company sells computer chips tdd#: 1-800-345-2550 or, i don't know, fish and chips.

if you have ten minutes a day, to ten minutes. 20 minutes, do several sets as much time as you have. will get in so you do six exercises. you watch what you eat and i promise you will get in that bikini or speedo by the time you go on vacation. >> speaking of watching what you eat, having barbecue and cheesecake coming up. >> grit. >> so thank you for helping us burn the calories ahead of time. >> looking forward to it. >>> coming up also, a new study says the grocery store's apple is just as good as the ones at the health eqfood store. >>> >> this is jeff norman. he doesn't get health insurance from an employer, so he's been buying it himself for years. he's healthy, so he wonders why his rates keep going up. liz sloan wants health insurance but doesn't think she can afford it. we're assurant health, and we've been customizing plans to meet the needs of individuals for over 110 years. for instance, with our two-year rate guarantee and healthy discount, jeff will get 15% off his rate and lock in that rate for two years. for liz, we offer plans that allow people like her to pay for on

also, a ten-month high.gh stocks ended at a fresh 13-month high, led by metal and coal shares. in australia, mining stocks led a charge. up 1.3%. let me send it over to you, bertha. >> thanks, christine. this is the big week for earnings here in the u.s. we've got six dow components on tap, at least and plenty in the s&p 500. we'll get lots from big tecktitans. microsoft, yahoo! and apple. a number of companies reporting second quarter results include coca-cola, pfizer, foot, caterpillar and ford. as far as economic data, it's light on the calendar, but key data on tap. today we'll get a reading on economic indicators. due out at 10:00 a.m. new york time. later this week, we'll get existing home sales for june, which are expected to have risen about 30,000 from last month. ben bernanke is the big headline. he's going to be heading to capitol hill tomorrow for a semi-annual monetary meeting. that's it it your global stock watch. christine? >> that will be very important. coming up next on "worldwide exchange,

a new study suggests we could save tens of billions if americans would lose weight. and a cbs news exclusive. colombian special forces trained by the u.s. ready now to join the war against the taliban. captioning sponsored by cbs this is the "cbs evening news" with katie couric. >> couric: good evening, everyone, the controversy between harvard professor henry louis gates and cambridge police sergeant james crowley is a classic case of he said/he said. and now there's a "she said." today for the first time we hear from the woman 40 started it all when she called 911. and we hear some of what the sergeant was saying at the scene. national correspondent jim axelrod has the story and the tapes. >> reporter: sergeant james crowley headed back to work this morning as the cambridge police department released audiotapes from the first moments of the incident that led to the arrest of henry louis gates. a woman who worked in the neighborhood was walking to lunch when another elderly woman approached and asked her to call 911. >> reporter: from the outset, the caller raises t

the ten-year bund at 3.26%. the ten-year note in the u.s. is at 3.28%. we've fallen below that 3.30 in what has been a very volatile range of late. gold this morning is trading to the upside. we're at 911.45. >> we have ceo schmidt and research partners. do you think investors are right to worry about corporate earnings? >> yeah, there is a two-fold risk. you can see the downturn in the numbers of the second quarter. if you look at phillips and the numbers for the second half of the year in general, you can see extreme caution about what's happening in the market. if you look at the data coming through, consumer sentiment is worsening again. we see in the u.s., foreclosures still rising. consumers are trying to save rather than spend. the outlook for the next six months could be considerably worse thantd markets priced in in the three-month rally we've had. if anything, that's a comment to the numbers for the second half. that could be the big disappointment that leads stocks lower. >> jacob, do you agree with what simon just said, that the numbers will

but to have it happen in ten of ten different buildings, something is very wrong with this agency. be fixed quickly. >> for those of our viewers who hadn't seen the story. these gao investigator, pla plainclothes, went into the restroom assembled the bombs and took them out and at the time ton nat tenonated them to see the damage if they were detonated inside. it seems to be management of the private security guards and the management of those security guards. is that what you think is the problem? >> basically, my conclusion is that the federal protective service is an agency in crisis. it is sick. it's got a lot of problems. it is divided into 11 regions. they have been operating too much on their own, inadequate demands made of the private security guards. 15,000 private security guards guarding 9,000 federal buildings in which millions of federal employees and citizens come every year and just falling down on the job. so they do need some more money. our judgment is -- my judgment is that we have to fix the management of these places and their contracts with the private securit

a trillion annually over the next ten years. this worsened outlook is stirri unease on main street and beginng to reorder prioriti for barack obama and the docratic congreional leership. by 010, reduci the dicit will becomeheirrimary focus. and en you end thi by sayin "this challenge may be the toughest one . obama faces in his first term. fortunatel the new president is enormously gifted. that's impornt because it is no longer a maer ofhether tax revenues must increase b how." i continue in an e-mai exchang betweeyou and me. "t administration is just in a arly impossible situation. growth as i argued in that piece is goingo be distinctly subnorl for 2010 and 2011. at theame time, t decit outlook will emerge as much worse. at one level, you can't withdraw stimulus, e., pursue deficit reduction when the ecomy is so wk. buat another, the publicnd financial rkets will be rebelled ov o trillion llar deficits as far the eye can see. this wilbe getty brg fo ama. hopefully he's in a blueniform but who knows?" strong language. a huge pr

open cup finals. >>> in ten minutes, details on a big job fair today. find out how to join in. >>> and a new fallout this morning and it is not good news for the president. we will breait down. >>> live from brinbound new yor and north capital ere we have no problems. more shots to get you in to dc. they are up next. >>> outside on the weather terrace the stars are gone and the sun is up but the clouds moved in. low clouds and fog around. we will talk about visibility and what to expect when 9 news now returns. many surfaces that seem smooth and strong... ...are actually susceptible to irreversible damage. your teeth are no different. everyday acids can cause irreversible loss of enamel. new crest pro-health enamel shield protects against... ...enamel loss by forming a micro-thin shield against acid attack. only crest pro-health toothpastes... ...protect all these areas dentists check most. save your enamel. once it's gone, it can be gone for good. new crest pro-health enamel shield. also shield with the rinse. it's not just one thing it's everything. t

we've got about ten seconds. we'll continue the conversation on the other side of the break, take your calls as well. the number 1-877-tell-hln. still what baffles us is you see this family. why would someone kill two loving -- >>> welcome back to "prime news" on hln. the suburban philadelphia club that booted some african-american kids from its pool now wants to invite them back. the kids say they heard racial remarks. the club says the pool was overcrowded, this was a safety issue, not racism. well, now the kids get the okay to return, get the invite to come back. what does that mean? does that make everything better? want your calls, your thoughts on this. 1-877-tell-hln. i'll have that story for you in just a minute. >>> now this. and this one is sick. a cemetery near chicago, final resting place for tens of thousands, now base khris a crime scene. four former workers are accused of digging up bodies, dumping them, and then reselling the plots? new today, investigators have begun the daunting tax of inspectin

it happened ten times in ten different buildings. investigators then hid in rest rooms and put together even more powerful explosive devices. >> i'm in one of those buildings. there's hundreds of people in there. how do you explain to yourself how these things were allowed to happen? >> it's purely a lack of oversight on our part. >> the 13,000 guards who work at the federal buildings nationwide are contractors hired from outside companies. investigators say they found that many had expired certifications and some had no record of training. >>> well, in just a few hours, tai shan, the giant panda, will get to dig into his birthday treat. he turns 4 years old today. news 4's megan mcgrath joins us live from the national zoo with details for this big party. megan? >> reporter: well, joe, we're going to have to see if tai shan starts talking back to his parents and leaving bamboo laying around his cage. he's officially a teenager today. tai shan is turning 4 years old. in bear years, that means he is officially entered adolescence. now

ten to 15 knots. so some good sailing weather. sunday is the dwa with a little higher chance for an afternoon thunderstorm. so if you're heading out to the beaches, keep a weather ear peeled for that. there will be a little more clouds on sunday tn saturday, but a nice summery weekend coming up. >>> the search for a missing maryland teenager at a south carolina beach. >> and the ten thi >>> at least 20 people are dead after a bus crash in russia today. authorities say a bus collided with a gasoline tanker in the southern part of the country. nine people aboard the bus are in serious condition tonight at local hospitals. nirl reports show that the tanker veered into the bus's lane. the weather and visibility were reporthood i good at the time. >>> and a police car fire was caught on tape in north texas. two dallas police officers were inside this car yesterday afternoon and they smelled smoke. the officer jumpedut of the car when they noticed flames and started directing traffic away from the area. firefighters ended up letting the

a total of ten. later today the remains of those seven americans who lost their lives in a series of attacks on monday, their remains will be returned here to dover air force base. >> barbara starr this morning, thanks. >>> iran's president has a message of higher and grander things in his second term. but some iranians are trying to drown him out from their rooftops. >>> i'm cnn meteorologist jacqui jeras. heavy rain and flash flooding pounding the gulf coast today. the storm prediction center just upgraded the risk of severe storms in the upper midwest. the latest on a stormy and steamy forecast is coming up. >>> a major player pulling out of the g-8 summit to deal with clashes back home. soldiers have moved into an area in northwestern china where ethnic violence is boiling over between muslims, uighurs and the hahn chinese. uighurs are the minority and feel they are discriminated against. china's state-run media says president hu jintao left the g-8 in italy to address that violence. 156 people a

the ten-year bund yield is at 3.42%. taking a look at the ten-year note, we will get those weekly jobless claims. we've got the ten-year yield at the moment at 3.54%. taking a look at gold at the moment, it is trading to the upside one nearly 4 at $952.25 37 christine. >> joining us now for market strategy, we have two persons, max king, investment strategy investec asset management and benjamin pettily from lgt investment management coming to us live from hong kong. ben, do you think earnings will continue to support this rally we're seeing? >> i think so. in the near term, christine, we're looking for the equity markets to trade sideways to higher over the next month or so. you know, we had further positive news on the earnings front just an hour or so ago with credit suisse bidding the street. so i think on low volumes, equity markets in general can probably, as i said, trade a little higher. we're looking for the s&p 500 to peak out somewhere between about 1,000 or 1,100. but then i think you have to be a bit concern

australia has five years, japan six years, canada eight years and eu ten years.ay to my friend from arizona that in that ten years, they have price controls on their drugs. if we're going to adopt the eu model, let's adopt the price controls also on the biologics, too. otherwise you've got apples and oranges here if you are going to do ten years like europe, well, maybe we ought to think about the price controls also. so. >> is that an amendment that the senator is offering? >> anyway, i didn't mean to go on. >> i know i shouldn't have yielded to you because you said everything that i was going to say. but i wanted to reiterate the point suddenly this evening we hear all about europe. every major european country has a national health care program, which provides comprehensive universal health care to all their people. do we think that's a pretty good idea? >> i like that idea about europe. senator harken made the point that in europe, i don't think he made the point but the point to be made is that in europe, prescription drugs in many cases, i know senator mcca

>>reporter: texting or any use of your personal cell ten is against metro policy. they say during their investigation they talked with the person who shot the video and metro says the operator reported to work yesterday. they were not able to say how long the operator has been an employee and if he's returned to working on the same blue line. >>> thank you so much. did the punishment fit the crime, we ask you to chime in on our web site, here's how you voted. 32% felt the punishment wasb@ about right, 68% say he should have been fired. >>> now to some breaking news, city records show former dc mayor marion berry hired his former girlfriend soon after they began dating. this comes out days after he was charged with stalking the same woman over the 4th of july weekend. we have a late breaking press conference called by berry. >>reporter: he did not appear. he had a spokesperson who said she was speaking as a direct voice for marion berry. as soon as she started talking about how this former girlfriend, donna bright house has herself admitted that she's been seeing ps

nutes to get theurgery done. >> reporter: about ten nvous minutes later, dr. aravi had remod a particularly tough, leatheryataract. the cataract was a little obstinate, but ings went on well. he'll get abt 95% vision tomoow. so, when you see him torrow, you'll s a very different man, more confident. >> reporter: by the enof this day, dr. aravindnd his colleagues did about 300 rgeries, about half of them ee of charge. increasingly, however, patnts e seen outside the hospital. telemedicineonnects doctors to satellite clinic and today's eye camps fer much more on site, om grinding eye glass lenses digital scans. ar the camp, a satellite tru beamed hh resolution images to ecialists at theospital. technology has improved car and it has also brght down costs, notly for the intraocularenses which are implanteduring cataract surgery. they used to be imported. avind began making its own intraocular lenses backn the early 1990s. theused to cost between $50 and $100 each. today, they are made ithis ftory for as little as a piece. aravind lenses arexported to 120 cotries,