the ceo of ne community federal credit union. since 1988, she has been the ceo of northwest community federal credit union. under her watch, the credit union group to over 1600 members. it has become the national model for institutions seeking to provide financial education and banking services to the low- income communities. last but not least, we have our conditional lender represented here by wells fargo. mark cyrus is the senior fda banker for the region -- the senior sba banker. he held businesses choose the best loans for the growing business and focus on a comprehensive understanding of their goals for their business. mark is responsible for helping entrepreneurs with sba loans every step of the way. i would like each of you to speak a little bit about what your organization does and, more importantly, address the audience here and let them know what your looking for when you are hoping to fund their loan. we will start with you, mark. >> absolutely. thank you. i want to thank speaker pelosi for putting this together. i want to thank all of the of for coming out on a smell it -- snowy san francisco date. [laughter] we've been told we shou

including for the may, and also credit unions for the next-it-freddie mac and financial stocks were hit them hardest. with 20.3% that is just today. citicorp, 15.7% as you concede regions group. wells fargo dropped 9%. today's stocks dropped over all. to put this into perspective the largest hit in a history. denied thand 1987--in 9 a series of four consecutive days led to the greatest depression from october. in 2008, stocks fell right before president obama was elected into office. in the midst of this free-for-all the president took to the airwaves. he tried to calm fears dan kerman continues our team coverage with that segment of the story. half >> on friday we learned that th economye received a downgrade. >> with president obama stating that the u.s. credit rating downgrading was because of the political gridlock that one on prior to raising the debt ceiling. >> insisted on drawing lines in the sand and the refusal of what is putting best of what is the country ahead of self-interest. or ideology. that is what we need to change. >>reporter: three minutes later when the out of control market. the uncertainty and wall street. the markets will rise and fall but this is th

the rating on sovereign debt for european union countries and that there is no independent european credit rating agency and there isn't is no. growth perspective only austerity there is no up to this crisis. human rights groups are boycotting a british inquiry into allegations of torture saying the government is taking an irresponsible approach to the case activist insists the probe is a waste of time and public money because downing street will have the final say over whether or not to disclose the results or his lawyer and that met one torture victim who also doubts the inquiry will bring justice. walking a tightrope of pain versus gain it's emerged that's how britain security agencies were encouraged to decide when to talk to terrorist suspects. held by graham in afghanistan and in guantanamo bay between two thousand and two and two thousand and five he says he was tortured and accuses the u.k. of being complicit in that torture only now is the level of the official complicity being revealed i am completely one hundred percent sure but i would not have gone to guantanamo or to back room had it not been could be involvement of british intelligence services i spoke to british intelligence officers quite reg

credit card numbers. the attack was retaliation for the arrest of the group sympathizers. >>> and thousand of verizon workers went out on strike early this morning. the contract for 45,000 unionized workers expired at midnight after negotiations hit a snag on health care and pensions. the strike is expected to cause delays in installing land lines in verizon's fios service. >>> and syrian's military is defending a crackdown on anti-government uprising. activists say that troops attacked a town and another city early this morning. explosions could be heard and smoke seen rising from the city. syrian forces clamped down on hama, the city at the center of the uprising. >>> and police are trying to restore order in north london this morning after a riot erupted there yesterday. a double-decker bus, two police cars and buildings were set on fire. stores were looted. the violence exploded after hundreds of people turned out to protest the fatal shooting of a 29-year-old man by the police. >> finally, i want you to have a look at this. take a look at this. a chinese tight rope walker was trying to walk across the wire suspended between two hot air balloons, 300 feet in the air. he almos