>> i was aware the "news of the world" used private detectives under my proprietorship of "news of the world" yes. >> so you would have approved payments to them? >> that's not how it works. but i was aware we used them. >> who would have approved the payments? >> so the payment system in a newspaper, which has been discussed at length, is very simply the editor's job is to require the overall budget for the paper from the senior management. once that budget is acquired it is given to the managing editor to allocate to different departments. each person in that department has a different level of authorization. but the final payments are authorized by the managing editor. unless there is a particularly big item. a set of photographs or something that needs to be discussed on a wider level. and then the editor will be brought in. >> so stuart cutner would have discussed some payments to private detectives with you? >> not necessarily, no. i mean, we're talking 11 years ago. he may have discussed payments to me but i don't particularly remember any incidents. >> you don't remember whethe

response from the chief counsel at news of the world was surprising. the top lawyer has someone call you and say, can i come see you? and you're up in manchester? >> i mean, it was the mountain coming to mohammed, rather than mohammed going to the mountain. if he'd have phoned me up saying, "you know what, we don't think you've got a case. however, we're going to give you £10,000, 15,000, to settle it without any admission of liability," my client would probably have had to accept that and the case would all have been over. but they didn't do that. it was obvious that there was something bigger, and because of that, i asked for damages of £250,000 at that time. >> mark lewis is an interesting character. i always say he doesn't have a fear gene. i mean, i didn't know him at the time, but from the outset, i suppose you could say he was the first person to stand up and confront these people. >> bergman: at this time there's public testimony going on in which news international was saying this was a rogue reporter. and you knew differently,

the new deal deals with things in a different way. when i was going to school, california school's were the best. now they are among the worst with the new budget cuts. of course, my university is being privatized. all of the higher education is being privatized. all through the uc system. how do you run a modern state with tax cuts? we resort to desperate, back last november, we were asked to vote to make four indian casinos in san diego county pony up money. i thought this was a joke. they voted to do it. now, the governor proposes to borrow against future revenues. how did they deal with these social problems when the economic problems were far worse than what we can imagine today? this is from larry halprin's. and it has these quotes from roosevelt on the wall. he said in one of his talks to the people, "the test is not whether we have more, it is whether we provide enough for those who have too little". it's a different philosophy than that which we have become used to. what i am going to show you is a lost civilization. it's a st

new york. thanks, ashley. >>> coming up on the "cbs morning news," rising from the ashes. we'll take you to tall it building in new york city now gracing the skyline of lower manhattan. >>> first scott pelley has a preview of tonight's "cbs evening news." >>> the final words written by the world's most wanted terrorist. we're going to find out what's revealed in the documents and diaries of osama bin laden that were seized during the raid on his compound where he was killed one year ago. that's tonight on the "cbs evening news." "cbs evening news." i want healthy skin for life. [ female announcer ] improve the health of your skin with aveeno daily moisturizing lotion. the natural oatmeal formula improves skin's health in one day, with significant improvement in 2 weeks. i found a moisturizer for life. [ female announcer ] only from aveeno. [ announcer ] who could resist the call... i found a moisturizer for life. of america's number-one puppy food brand? with dha and essential nutrients also found in mother's milk. purina puppy chow. [ music plays, record skips ] hi, i'm ne

cabinet though the unveiling of the new cabinet was fairly late wouldn't you say well this is north of the shake up for the sake of shake up and you're absolutely right that there was an enormous outcry of all of the presumed late appointment of the cabinet and added to the confusion of the story that we didn't didn't go to as you know two g. eight summit in beirut but. we have to understand that this is this is this is where you were very difficult job just you have to think what would you every candidate who has to feed to the position so it requires a lot of negotiation a lot of discussion and believe me this is not the just building up of that notorious check and balance a system which we have seen during yeltsin but this is something more but if i may who is more to credit for the big change in cabinet here is it is it prime minister medvedev or is it president putin who. well if you will never find an answer to this question for a simple reason that condemn is work and condemn is the next thing you see it's like a like arguing which head of the russian legal is more impo

thank you for trusting the news. we will see you the flextime news breaks. we're always here for you at ktvu.com and mobile ktvu.com. e know you look around for the best deals. that's why we give you real big club card deals each week. right now, arrowhead water is just $3.33 a case. heinz ketchup is only $1.79. that's for the party size. real big deals this week and every week. only at safeway. get the new safeway app. it's free. and the easiest way to get the most savings.

so at our table british panel rules rupert murdoch unfit to run the news back in the u.s. fox news is raking in record profits so what's with the disparity and has this media mogul found the secret formula to making the news a profitable business profitable business again well explore. welcome to the capital account mr. what drives the world the fear mongering used by politicians who makes decisions to break through it's already been made who can you trust no one who is your view with the global machinery see where we had a state controlled capital it's called sasha when nobody dares to ask we do r t question more. r t is the state run english speaking russian channel it's kind of like. russia today has an extremely confrontational stance when it comes to us. let's talk now about one of the world's best known media moguls rupert murdoch the owner of fox news channel the wall street journal and so much more well he's been mohnish recently across the pond in britain months after his news of the world shut down after a phone had hacking scandal and many more company wide pract

is not news and proving that the people who watch fox newst know what the hell they're talking about. so here's what i find -- which is dangerous. that these people who watch fox news, that's all they watch. they don't get -- if they're in the car, they're listening to rush limbaugh or sean hannity or mark lavin or michael savage but it is right wing radio or right wing television. fox news. and they're just not getting the full picture. so first question is what does it say about fox? what does it say about the people who watch fox? 1-866-55-press. which -- may i remind you is, by far, sad to say the number one cable network number one i mean far, far, far outpaces msnbc or cnn or current tv or anybody else. so that's pretty troubling. 1-866-55-press. tell me what you think about that. but then the other question is if you're not watching fox and i hope you're not, where do people go? where do you really go for the news? where do you go? you don't want slant left or slant right. you just want the truth. you just want the news. you know what'

well of course he's probably covering up his role in it at the new york fed . treasury secretary timothy geithner however sought to reassure americans that the obama administration was doing what it could to rout out the bad actors from the worst financial crisis since the great depression geitner suggested that holding people accountable for the wreckage caused by the recent housing collapse and the ensuing financial meltdown was not that simple since most crises were not caused by criminal activity he said most financial crises are caused by a mix of stupidity and greed and recklessness and risk taking and hope and you can't legislate against that. geithner is a shameless apologist for criminality on wall street and in the banking system he has no accountability turbot to me who famously cheated on his taxes is lecturing people on morals and the criminality is rife as william black for example professor will explain in great detail course he's not allowed anywhere near these prosecutions because he'd put thousands of these bankers into jail so they don't have

"world news" polka ♪ ♪ that's the "world news" polka ♪ the graveyard shift that's why we go for broke so why don't you tune into abc and join our joke ♪ ♪ five more days every week fd we are tongue in cheek and the world news polka ♪ ♪ do the "world news" polka ♪ i said now do the "world news" polka ♪ thank you. thank you very much. >>> this morning on "world news now" -- found alive. the young girls who were missing for two weeks are safe and sound this morning. >> the man who kidnapped them after killing their mother and sister is dead. it's friday, may 11th. >> announcer: from abc news, this is "world news now." >> good friday morning, everybody. i'm rob nelson. >> i'm sunny hostin in for paula faris. some late-breaking developments in the story that's had our attention since late last month. the amazing part of it is two young lives were saved. >> you have to believe this is against the odds a little bit here. there were some grim predictions on the way this case would end. those girls being found alive was not the outcome most had the

meet the new definition of durability: the john deere select series. th endless possibilities, what will you create? ♪ dreaming of great savings? get them during our green tag event. visit johndeere.com/greentag for details. >> new orleans times picayune said it will publish only three times a week. three our newhouse papers also going back from three day a week schedule, and roger simon, are you an old newspaper guy. particularly heart breaking in the case of the times picayune did tha did such courageous reporting during katrina when some of the editors and reporters lost their own homes. >> it is heart breaking, and it may be a sign of more of the fact that new orleans has not come back from the damage of katrina more of a sign that newspapers are dead. there are parts of new orleans that still don't have electricity. people aren't going to sit at their computers and read it, but if it is a national trend, it's a shame. you know, there's something about reading a print product. you don't have to plug it in. you don't have to worry about the battery.

these schools, like so many of the new deal are beautifully built. this is the school you just saw. teaching, they employed tens of thousands of teachers and librariance. new nutritionist. starving children don't learn well. they give them lunches. this is an art class in san francisco hospital. art class for crippled children. the photographers that i find of san francisco indicate that schools were integrated at the lowest level. you could mitigate the racial problem from the bottom up. there was also adult education too. this 1 learned one learned to read as many did. many of the community colleges were a result of the new deal. sacramento. i gave a talk at santa rosa and the city college in san francisco was largely a product of the pwa and has wonderful art work all over it by the art in action project at the treasure island fair. and then there's these special schools for crippled children. this is in the mission district and it's a beautiful school with all the features we take for granted because of the americans with disabilities act. it has wonderful tiles. this was not acc

the ruling could force news corp. to sell its shares in satellite network british sky broadcasting. >>> amazon says it will start making its own television shows. the company plans to develop original series this year. consumers will be able to watch on its streaming service. amazon instant video. google, hulu and netflix are making plans to have original content. >>> target says it will stop selling amazon's kindle e-reader at all of its stores and website. the decision comes just as apple is said to open kiosks in more than two dozen target stores. apple and amazon are tangling for dominance in the tabloid computer market. make way for the apple train through target. >> that's got to be a blow. >> a big one. >> absolutely. thanks, ashley. >>> straight ahead, your thursday morning weather. and in sports, a little drama on the last out as the angels' jared weaver pitches his first no-hitter. angels' jared weaver pitches his first no-hitter. people really love snapshot from progressive, but don't just listen to me. list

. >>> this is the "cbs morning news" for thursday, may 10, 2012. >>> good morning. thanks for joining us. i'm danielle knotting nam. reactions to president obama's announcement that he supports same-sex marriage are impassioned, running the gamut from joy to anger. political leaders on both sides of the fence agree the polarizing issue will energize their constituents, becoming a key agenda in the november elections. susan mcginnis is in washington with the latest. good morning. >> reporter: good morning. as told by his aides the president apparently concluded earlier this year that he supports gay marriage and he planned to say so before the convention, but after vice president biden came out last sunday, talking about his support, the white house apparently felt compelled to move up that timetable. president obama says after several years of thinking about it, he now supports same-sex marriage. >> it is important for me to go ahead and affirm that i think same-sex couples should be able to get married. >> reporter: the president tells "good morning, america" robin

new attacks. he has promised to defeat the insurgency. the u.s. supports the new yemen government. they see the country as a vital front on its role against islamist militants. they are saying al qaeda is responsible. >> this is the work of all qaeda. it is clear. they did this. >> they later claimed responsibility saying it targeted the defense minister of yemen. >> for more, we are joined by lesley who is in sanaa where the explosion went off. what can you tell us about the group that has claimed responsibility? >> this group is called every branding of al qaeda in the arabian pence -- peninsula, zqzp. have experienced heavy losses recently --or aqap. >> how was the government likely to respond. >> the have responded already. they have a left commanders of the some security forces. the response will be force, like he told the yemenis. he has said the war against terror will continue the matter the sacrifices. that was their message. >> what does this mean for the new president of yemen? >> it is a big, big test. the people in yemen want to see who was running the country. many all

the all-new f sport. this is the pursuit of perfection. >> wind kicking up around the bay area today and the pollen count is on a moderate scale. >> once again, a live look. with around 580 smooth sailing this morning. coming up will talk about road work and where it is picked up. >> a pilot in southern california managed to avoid hitting any homes when he crashed into a neighborhood. the plane went down last night in glendale. the faa says the pilot was heading to phoenix when he reported trouble with the engine. the plane cut through power lines but did not hit any homes. >> the wings broke and the engine was going to the neighbor's yard. >> california lawmakers might get smaller paychecks. a 5 percent pay cut is being considered for elected officials and if approved everyone from the governor to the state school superintendents would get less money in their salaries. salaries range from $95,000- $174,000. the ninth circuit court of appeals is under fire for a lavish trips that critics say is an example

we will need you to represent the new industry. these companies are here to keep the dialogue and collaboration at a high-level going with us. it is the ongoing dialogue like the one we are reading about a new tax structure for the city that does not punish the inventiveness we want to have. i would like to open with that introduction, welcome all of you here. i think he will see and hear an exciting introduction of these new companies. they're going to raise questions we do not have the answers to yet, but i do believe we have the spirit in this city to welcome solutions with your involvement. we will have the ability to do this on line as well is in these forums. i will be part of the ongoing discussion. i want to see all of you interact with the city and make sure it is reflective of what you believe the city can be. one that our policy makers and american in dade in which you on thank you for being here at spur. [applause] >> thank you. i think we will also year from supervisors got -- supervisor scott wiener. >> this turnout's

he brings that point out, that they set the news values and set the news values for the broadcasters as much as they do for their own colleagues in the print media. >> thank you. >> special advisers now. paragraph 27 and 28. when you were in high office over 13 years i presume you had special advisers. can you assist us? >> yes. i had any one time special advisers. i had one that was on the policy side, and the other who dealt on the media side. on the media side i had to fill that slot. one was the one with me in opposition from 1993 and stayed until the general leak of 2005 and then the second was mark davis with me from '05 to 2010. both were journalists that came to the job as journalists. and their job is to have direct relations with the media and also to cooperate and work closely with the civil service press offices. both were completely straight, are completely straight, and i wouldn't employee them for a second if they had not been. they had good reputations for being straight and for, i think, not being manipulative and that's how i wanted it. i'm afraid my observations, i

the 8:00 p.m. news was not on. usually, the national news is on at 8:00 p.m. in the evening. that did not come on. we still hear heavy gunfire coming from various parts of the city. we hear reports of trucks with many soldiers circulating throughout the town. >> the significance of the airport being attacked, i gather they are preparing for the arrival of the west african force meant to secure the transition back to civilian rule? >> this is certainly what the junta is worried about. a spokesman earlier said this might be the plant to secure the airports so the regional body can send troops in. i don't know how credible that is or how much it is rhetoric on behalf of the junta make sure they keep the population on side, but there has been a major attempt this evening to destabilize the junta, is managed to keep control of molly more or less for the last six weeks. a major attempt now to push the amount of power. >> martin speaking to us there from the capital of mali. rico, have news on the tension in bahrain. >> the tiny gulf kingdom has ordered a retrial in the case of a hu

the new terminal also features a children's play areas. both of the market the exploratory n.y. -- exploratorium. the offer travelers of all ages a playful oasis. using high quality plywood, they created henches shaped like a bird wings that double as musical instruments. serving as a backdrop is a mural featuring images of local birds and san francisco's famous skyline. >> in the line between that is so natural, you can see birds and be in complete wilderness. i really like that about this. you could maybe get a little snapshot of what they are expecting. >> it is an interactive, keck sculpture that is interacted with by the visitor. >> they are a lot about and they fall down the belt. it moves the belt up, and if you turn that faster, the butterflies fall in the move of words. >> the art reflect the commission's commitment to acquiring the best work from the bay area and beyond. in addition to the five new commissions, 20 artworks that were already in the airport collection were reinstalled. some of which were historically cited in the te

the trigger for the new mechanisms is the construction of new development. we do not have a mechanism to share the burden with the existing buildings. we cannot rope them into the mechanisms. we will apply them to the redevelopment. as i mentioned, infrastructure, the transit center paid for will increase property values. folks paying into it will substantially benefit from it. it is true existing buildings will be benefiting as well. it is just the luck of its existing are ready. the buildings that are getting entitled that will be participating have the benefits of being able to take advantage of donating. that is very substantial benefits. there are some mechanisms that could be implemented in the future, not necessarily under the control of the city to share some of the cost of future maintenance and other operations. there has been discussions initiated by the private-sector of creating community benefit district that existing and new buildings could for dissipate and that would be relatively inexpensive but could help fund these in the future. the city

that would establish the position in the new starts stream. that concludes my portion of the presentation. i will be here for questions that you might have. >> thank you. >> i will walk you through the actions before you today. a high-level overview of what is contained in the documents. again, today, we are initiating a general plan amendment, planning code amendments, with the exception of those that were initiated yesterday. the zoning map amendments, with the exception of the preservation act amendment initiated yesterday. there are two other items that do not require a initiations, but will be before you on the 24. administrative code amendments. today, it is just the general plan. in terms of the general plan amendment, what it contains is the new transit center district said area plan of the downtown plan. it is a distillation of the draft plan document which has been a major artifact of this planning process to date. the plan supplement, of which we submitted to you before the last hearing. pat robertson's the basic narrative and all of

we'll see you the next time news breaks. our coverage continues with the 10:00 news. we'll be monitoring the final work on dunbar bridge as crews try to meet that 5-day deadline. we're always here for you at ktvu.com. tmz is up next here on tv36. [ male announcer ] olympic tennis players bob and mike bryan do a lot of sending... and receiving. sending...and receiving. sending...and receiving. sending...and receiving. sending...and receiving. [ bob ] i got the tickets. [ male announcer ] and with citibank popmoney, it's even easier to keep sending...and receiving. let me get you back. no, it's on me. i insist. no way. yes way. well let me chip in. [ male announcer ] send money from one bank account to another, with citibank popmoney. easier banking. every step of the way.

overtime the team gets a name that become the new york yankees. big bill devery's adversary was co-founder -- >> that was the way taminy would operate. he atoned the new york giants -- andrew friedman, he owned the new york giants and was head of transit. >> if anyone wanted to put a stadium somewhere they couldn't get any transportation because of friedman. this is a story that if you -- >> i don't want to police the story of like those that. the interlocking, and based on louis tiffany ballard award for the police in the 1870s. the guy who got it was mcdowell and he was the bad man who was on a bender and was drunk and sleeping off in a saloon when three i received dropped through the skylight. he was carrying -- you don't want to be robbed of all the illegal money so he fights three crooks and gets shot in the line of duty. so a bad man getting shot in at tenderloin saloon was the first award for valor that led to louis tiffany. >> a great story. no red sox fans will be surprised by that. and the historian david tells us perhaps the most success

back in the news, a u.p.s. was arrested in san diego accused of sneaking into a house and watching a woman take a bath. police say that driver made a delivery to the home of the 26- year-old alleged victim. a short time later, the woman got into the shower. she told police she saw the delivery man watching her from the hallway as she reportedly chased him out before she called the cops. she's due in court tomorrow. >>> well, ktvu has learned a sailboat racing plan prompted by a recent fatal accident is gonna be lifted today. the coast guard will lift the ban on racing pass the going bridge in time for the spin na kerr race -- spinnicker race -- spinnacre race. >>> this saturday is the debut of the new earthquake exhibit at the california science academy. the big draw is the shakehouse which lets people like our reporter david steven son in, as you can see there, helping people experience the loma prieta earthquake, how that felt. >>> 7:52. hey, sam, you are keeping an eye on the south bay, bay -- hey, sam, you a

but one key to that evaluation wi will be the cost of the new plan. anything on that front. the difference between subsidized phone these unlimited customers look to go upgrade phones will have to see whether it is worth keeping the $30 a month unlimited plan or whether they should switch plans or switch carriers. >> may have another update for us next week. thank you very much, diane. >>> it is now 54 after the top of the hour. you want to get a leg up at work, ladies? i don't know about this story. >> try keeping your mouth shut. this story will have you raising your voice. >> our word of the day all scrambled up. something we talked about during the show. stick around for the answer. >> it's 58 after the hour. let's take a look at the good, the bad and the ugly. first the good. lexi the bassett hound saved her owner's life by sniffing out her breast cancer. 11 years ago, she started scratching at her chest and barking like crazy. it turns out she had cancer. since they caught it early, she was able to beat it. former president bill clinton is refus

i think the new regime's footing appears very solid. m jong-un is said to be especially keen to promote modern technologies. north koreans are getting to know a little more about the outside world. so maybe he's trying to convince them that their country is not too far behind. >> it seems like it's quite a change from earlier policies. >> well, the government still enforces a strict ban on viewing of foreign movies and tv programs at home. the regime is very worried about people gaining access to the wider world. so it is likely to step up efforts to restrict the flow of information. another step of the government is a widening gap between rich and poor. housing construction is booming in pyongyang but it's mainly reserved for the wealthy elite. in the long run this wealth gap combined with the inflow of information may weaken his control. >> hiroki yajima, thanks. >>> kim jong-un's regime doesn't just have control over people in north korea, it also influences groups in the south. and that angers south korean lee myung-bak. for its firs

the new "dancing with the stars" champ. >>> welcome back.super bowl champion green bay packer can add "dancing with the stars" trophy to his collection. donald driver was crowned the winner last night. driver and his partner gets to take home the coveted trophy for season 14. catherine and mark who accumulated the highest judges scores of the season danced to a second place finish. you will see them owl and "good morning america" after our newscast. >>> we are -- we are learning about the does that priscilla chan wore. pettibone says she only found out -- [ unintelligible ] there are reports chan bought the dress under a fake name in denver last fall. >>> >>> wait until you hear this [ unintelligible ] you have to be careful are you getting the minutes you are paying for? 7 on your side is coming up. >>> developing news from the north bay. search taking place now for the driver who crashed into an apartment building and took off from the scene. >> reporter: i'm terry mcsweeney in morgan hill the search for sierra lamar resumes in 90 minutes.

the new officers will be replacing a lot of people. dozens of officers set to retire but it will also be beefing up the department on their current staffing levels. >> this is a tremendous day for san fransisco. we have made tremendous inroads impact of violent crime over the last two years. it is because we have sufficient staffing and community support to do it through committee policing and the engagement of young people. this will allow us to keep doing that. >> i look forward to working with everyone together and for the community to continue to make this world-class city even more safe. >> over the next six years the city is planning six fire academy class is cutting down overtime and adding an emc class. the fire department will not boost numbers of new recruits will fill the void expected from a lot of retirements in that department. and also cut down on significant overtime costs. this will all be outlined in the mayor's budget. a two year budget that he will unveil tomorrow. >> thank you. >> a fire that destroyed an old home i

. >>> many people are thinking about the drive to the destination. good news for you before hitting the road. >>> first, a texas distillery is giving new meaning to spike drippings. and creating the first and only vodka made from cactus and others are made from corn or potatoes. the makers of spike vodka said the cactus gives it a smooth&taste and you can't order it at happy hour just yet. yet.  . >>> a new study said the traffic congestion was down 30% nationwide in. >> reporter: a new study indicates traffic flowing means the economy might be flowing. >> when traffic is bad, typically, that means people are out there and they're working, they're spending money, they're out and about on the roads and when traffic is good, that is how this, you know, the employment numbers are not great and people are not out there spending money. when americans drive less, it means they're spending less. >> reporter: the study finding fuel prices and consumption on the decline. >> the u.s. is consuming less than in 2007 and in 2008. back then, we co

the forecast today, rain on and off this morning in new england, mid-atlantic. fternoon, should be dry and just fine. also thunderstorms later today, minneapolis, watch out, norm of could you have some tornadoes late today. we're dry in the southeast. west coast looking okay for the most part. once again, we should have some travel delays this morning, i-95, big cities through new england. >> tough commute, bill, thanks so much. >>> competition here in new york city this morning. who could make more fun of amar'e stoudemire, it sounds like he deserved it. let's start with the "new york post," let's see who won this morning. blood and pup. i had think we go with our winner, "the new york daily news" -- you can read that one for yourself at home. the new york knicks postseason went from bad to worse in the span of a foo few minutes after getting blown out by the heat, amar'e stoudemire could be done for the playoffs following an incident moments after game two last night. we'll get it that in a bit. first, highlights from the game, second quarter, knicks down four,

that is why i welcomed the new start treaty as a step in the right direction. but i understand that some of my colleagues on this committee have some consternation about the new start treaty. and i respect those views and i believe that those views should be addressed. so i propose a simple remedy. let's get our senior military leadership, the most experienced and capable officers in the armed forces with much more broad and fact based perspective than we can ever have on this committee on how such policy changes impact our security. let's give them the opportunity to give us their views on this question. and that's what this amendment would do by requiring our top military leaders to report to us swiftly and directly regarding their view of the merits of our policy. i'm confident that our view which is cutting the stockpiles is perfectly consistent within the security interests would be validated, but in the national interests i'm happy to put that question to our military leaders even if it risks getting the wrong answer or getting an answer that i don't want

news." i'm stephen. the headlines, a former top "news international" executive rebekah brooks is giving testimony about her relations with the current and former u.k. prime ministers. syria's opposition says al qaeda mounted yesterday's suicide bomb information damascus and accuses the afghan government of involvement, too. time now for all the business news. aaron is here. and aaron, there's an extraordinary story today about what's called sloppyness j.p. morgan had which resulted in the loss of $2 billion. >> yes. certainly the biggest bank in the united states and a big, embarrassing story for the bank with the reputation as being one of the better-managed and a bank that didn't need a bailout but last night j.p. morgan reported in the past two weeks it's lost $2 billion in risky trades. a nutshell the bank was basically hedging. taking out insurance against its own risks and got it wrong. in a late-night emergency conference call, the boss, jamie dimon blamed it on errors, sloppyness and bad judgment. yo

>>> this is the "cbs morning news" for thursday, may 3, 2012. >>> good morning. thanks for joining us. i'm michelle miller. as leaders from the two most powerful nations the shadow of one man loomed large over the talk. chen guangcheng, the chinese activist who escaped house arrest last week and spent days holed up in the u.s. embassy in beijing, now says he wants to leave china as soon as possible because he fears for the safety of himself and his family. chen's fate a sore spot between the u.s. and china, as hillary clinton and treasury secretary tim geithner arrived in beijing to discuss foreign policy and economics with chinese officials. speaking on the phone from a beijing hospital, chen guangcheng says he wants to get ut of china because he feels unsafe and that his civil rights cannot be guaranteed. but that wasn't always the case. on wednesday american diplomats said they had reached a deal with the chinese government that would allow chen and his family to resettle in a new location, away from the rural home where they were being held prisoner. hours aft

putting so-called national security measures back on the back burner a new york city judge is a blocking key parts of the national defense authorization act it's a big boost to activists who oppose the law and we'll talk to one of the lawyers who is helping sue president obama. plus the obama administration is cracking down on hydraulic fracturing but it still isn't drilling into the heart of the issues so what's behind the delay in oversight we'll explore i am not a journalist i'm just a guy who cares. i'm sorry i'm just a guy who cares an awful lot about my country because a couple of. well it's no laughing matter major media outlets are taking major hit in ratings this despite hang their personalities bloated salaries but the average viewer isn't impressed so does this mean the days of overpaid media stars are coming to an end. it's thursday may seventeenth four pm here in washington d.c. i'm liz wall and you're watching r t. well a victory for opponents of the n.c.a.a. a federal judge has ruled that provisions of the controversial law may violate our constitutional rights president o

rockies get the win, 8-5 is the final. new orleans saints are still paying for their decision to place bounties on their opponents. today the nfl suspended linebacker vilma without pay for the entire 2012 season. defensive end anthony hargrove suspe suspended eight games, will smith four games, and scott fujita will serve a three game suspension. >> the simple question we have had with the league is why not come out, give the players the information that they've been alleged to have done, present the evidence to them, and give the player and a man a chance to stand up and face and confront the evidence against them? for whatever reason the league has not wanted to abide by the process is. they believe in a punishment first process. i think that's unfortunate. it's bad for the league and certainly not a healthy and constructive process for what we're trying to accomplish. >>> over to the ice, after an early exit, many sharks fans wondered if there would be change in the front office. well, the team issued a statement regarding

at the time that in 1893 when the new york herald built the building park row was the media center of new york and the media center of the united states. there was no hollywood in those days. obviously there were no films. the medium was the newspaper, and they were all on park row. that was the media center of its time and the new york herald had the better idea of breaking away from park row and building a new building in the middle of the theater district. 1890s, herald square and you can see by the signs and basically have the square renamed for the newspaper. that gave the "new york times" the same idea ten years later and they moved up to long acre square and the rest is history. obviously it was renamed times square for the newspaper. the bennetts had mckinley and white design a beautiful palazzo, not a sky scraper so it is conspicuous consumption, all of this expensive real estate and it is a two-story building. they only had enough space for the newspaper offices on the upper floor and the lower floor was the printing plant of the new york herald. here is another view of it o

the latest news and the week's top stories here on our team syria denies government troops hurried out of the massacre in the town of houla as the death toll rises to one hundred eight including forty nine children russia points to evidence showing many of the dead were hacked to death rather than having been killed in the army shelling. and fears rise of more and rest in the region as religious factions in lebanon become increasingly divided over the syrian conflict. also in this week's other stories a ten thousand canadians march against jewish and hikes the new law to curb demonstrations despite previous clashes and that's already. you're watching r t for this week's a weekly with me to bomb would say let's take a look at the stories first the u.n. security council has been holding an emergency closed door session to discuss the massacre in the town syrian town of houla a report delivered by the head of the observer mission to the country says at least one hundred eight people were killed in the attack on friday according to some diplomats and also pointed the finger of blame at the

news." funding for this presentation is made possible by the freeman foundation of new york, stowe, vermont, and honolulu. newman's own foundation. shell. and union bank. >> at union bank, our relationship managers work hard to understand the industry you operate in, working to nurture new ventures and help provide capital for key strategic decisions. we offer expertise and tailored solutions in a wide range of industries. what can we do for you? >> and now, "bbc world news." >> hello and welcome. for growth,agenda french president francois hollande vows to work with germany to resolve the economic crisis. greece heads for fresh elections, still fears of a euro exit. >> rebekah brooks is charged with conspiring -- conspiring to subvert the course of justice. it is 9:00 in the morning in singapore. >> is 2:00 in the morning in london. broadcasting to viewers on pbs in america and around the world. in just hours after taking off, the french president has held talks with angela merkel. he campaigned to renegotiate the austerity package, told a news conference that europe should consider all pos

the ceremony will be in october. soccer news now and germany's preparations for next month are not quite going to plan. so far, half of the german players have arrived at there training -- their training camp in slovenia. >> that means the coach will have to wait a little bit longer for his team. >> these peacemakers -- pizzamakers have found the recipe for success. as they put on the toppings, they talk soccer, and german soccer in particular, because germany's team is training your. >> germany, yes germany. they will win. >> they are too tired to win a european championship. >> the coach has only been able to work with 10 players so far. some have had injuries. the squad is still thin. >> you can give this a positive spin. we can work with the few individuals we have got. we can work on there fitness. there is no point complaining. >> the goalkeeper coach is missing the goalkeeper, but he has three backups. >> the first three days, we did not work with the ball at all. we just try to help them relax some and get them excited a

soldiers have been killed. >>> enough of the real news. ddle up around the water cooler to talk about this flap over whether or not the president ought to be using the death of osama bin laden as a political tool. republicans, of course, have been very critical of him, saying he's touchdown dancing, spiking the football. last night jon stewart imagined what that touchdown dancing have looked like had george w. bush been the one to kill osama bin laden. >> just 12 months ago, parents across the country had to suddenly explain to their children why they had just shouted at the tv [ bleep ] yeah! killing osama bin laden was the first event since 9/11 that really brought using to. that's why one year later, this ad touting obama's leader while sutley questioning his opponent's judgment, that ad is tearing us apart! >> this administration is not above politicizing an issue for personal gain. >> politicizing. >> it's deplorable to politicize -- >> waaa. waaa! i have a question. are you on crack? bush landed on a [ bleep ] aircraft carrier with a