counciwould include an alphabet soup of regulors including the heads of the treasury, the federareserve, the s.e., the f.d.i.c., the c.f.t.c. and the feder housing finance ency. now let's ke a look at our ocks in the news tonight. 15 pl: tonight's "street crique" guest is seeing strength in the tech secr. he's david garrity princip at g.v.a. reseah david welcome ck to n.b.r. >> thank youpaul. good evening. >> paul: before we g into technology what's your opinn on the marketnd the economyn general? >> othe market we're over ight eqties we thin the centrabanks are supportive and the equities wi be t class th out performs. divided opinion w strong the onomy will be and the market will continue to benefi >> paul: so you're bull at the mont. >> yes, si >> paul: we saw big technology names this week. how do you feel the sect is going verall. >> we're seeing strong eense controand though reven hasn't been as robust as analysts hope for as we start to see growth unfold such as windows 7 from microsoft think there's nice lerage for investors to look foard to. >> paul:peaking of microsoft it posts results

we can d a stint at t the s.e. d then get hired by a a hedge fund or brokeragage housese tha will happily payy you a whole lt more than ththe fedel government will. so if you wowork therewhat the heck is ur incentive to catch people who might verery well tn out to b be your fure employers? or tput it another way. if you work fofor the s.e.c.you get t paid thesame, whether you catctch the m manipulats and be raids, or you don't. the mamanipulars and the bear anand your fure prospects could be ahole lot better if youou look the othther way if youou let this slide. ththere's noompensation incentive to go o to work r the govevernment bond the goodness your heart and sense e of duty. and unfortununately th means manyny youngaggressive, smart ople may not be willining to go to work for r the orgazation or sisimply c't afford to go to the cocommission i do not meaean to impn the intetegrity any of the people who wo for the s.e.c. i'm just talking about t the incentive struructure. it's harto believe that people go through

the instment bank did not admit or deny the s.e.'s findingsut agreed to pay the fine. >> sanne: here's a look at what's happening tomorro >> suzanne: re now on health re reform. toght's commentator says if we want to fithe system, we need to recognize a few key pois. he glenn hubbard, an of columbia'sraduatschool of business and former head of the council of ecomic advisers. >> reding health care costs would be big plus for our economy and the budget. heth care occupies a large share of the u.s. economy,nd escalatingealth care costs stall wage groh and job creati. unfortunaty, congress and the obama administrati are on the wrong pa: new mandates and the creationf new unaffordable health care entitlements. the mandes will reduce both wages and employment. the new entitlements wl add to already soaring national debt. to the extent the prosals adess this concern, they do so througlarge increases in marginal tax rates, liming growth and empyment. and the bills will raiseealth care cts by accentuating current problems with alth insurance.

a year ago he was ninated to be ambasdor to the s.e., the counl onsecurity and coeration in europe. senar helms was posing his nomination because he sa this guy was a traor during vietnam and to hel with him, we'renot gog to confi him. >> rose: the demonstrato who d theccarthy mccain. >> so samasked me towrite a letter to senator helms toay he wasn't a traor, which i did. >> rose: but letme come back to family in a sens you lieve, if i understand it, that thetress of vieam had a profound impact on your family. >> it brought ulcers to my wife and ulcers to my son. and trauma to l. >> rose: because of the consequees of the decisio being ma and the ft that lives were being lost over policy. >> yes. ye yes. anyoneho has bee resnsible, whether it be a uformed litary officerr an official of government responsible for sending men to risk their lives must be haunted by th deaths thatccurred. and all of us who ve had tt responsibility know we've de mistakes some big,some small. the me colonel that we were talkg about earlier.. >> rose:he's going to be on this broadcast. >> he say he sent men

the list is exhausting. he made 155 stops outside of richmond. his visits have taken him to ci inaf in almost e s.e the u.s. the governor is chairfhe o t democratic national tecoitmme. is office says 14 tripsave en on in rviia. rrginia di a meetoutl hs media outlets have been rngo to. republans eare charging that, s i ignoring his state duties for his national democratic affairs. >>> ahead tonight, a washington journalist, sentenced for possession of child pornography. super bowl quarterback, ben roethlisberger denies accusations of sexual assault. >> that plane dropped out of the sky. the pilot survived. there is a new list out of what not to eat including one restaurant entree, the calories equivalent to a box of donuts and saturated fat of 44 bacon strips. >>> the weather is not fattening though is it bob? >> it isn't. the rain gauges, especially, wendy. we have great sights in the sky. night time/daytime too. i will explain that. what have you got. >> coming up. the capitals lose a veteran goaltender to the stanley cup champs. mystics in a battle at verizon. picture perfect night for a s tional

the day. let's talk temperatures which s.e in the 60s and 70s 75w asasm 70 as warm as in anin annapolis. we sit at 73 and a cool spot being culpeper at 64. so today mid-70s by 9:00. 80ish by noon. 83, maybe 85 for a high but scattered thunderstorms and could be a rough afternoon. >> thank you, howard. hello, everybody. howdy, howdy. happy thursday. get started with the traffic and one tieup of the morning we are watching. a report of an accident on the southeast southwest freeway where it meets the third street tunnel. traffic is light. traffic is very light on 95 as we take it outside and show you from dale city to the mixing bowl, you are not going to find any problems. 66, how's it going? through manassas as you make your way through centreville to the capital beltway, drivers are moving at great speed. the same on 0. that's the next stop. hello, maryland. zero incidents and accidents to report. finally to wrap it up, i give you the capital beltway. all is a go on the inner and outer loop north of the district. >>> how to pay for health care reform and who will benefit from new legisl

the deal. >> reporter: ron and kola janoff considered him a friend. >> gary was one of those type of people that could be best friends with a ditch digger or s.e presidentf the >> aepr:tested ,n >> reporter: and gary, who was twice divorced always seemed to have an attractive woman at his side. but that never got in the way of his kids. >> he was a fun dad. >> reporter: triano's oldest children from his first marriage, heather and brian, say despite his busy social life and never-ending business deals, gary was always around for them. >> was definitely someone who would make you laugh, hang out with you and all your friends. my father would sit in the middle of the room and say, so what's up, guys? tell me what's going on. >> reporter: sounds like you guys were pretty close? >> exactly. >> reporter: he was also generous with his money, serving on the boards of several charities and performing random acts of kindness. >> my brother said it one time at a new year's eve and he bought the staff drinks. most people don't do things like that. i remember talking to someone who said that he would tip him $100 to go get his car. when he was living large, he was

the basement. if you don't o t goane go to an interior room away o wi s.e owwi atth thatmost important e thin in a lot of people think you should run around opening ur windows. don't do that. tojusthaove y a llwaor baroy om awafrom the windows. the storm is moving to the asno a irthet t wisoll be close to the stafford area within the next lfha an hour. an m ho . i'm going to change the view just inlittle further to the noh. ai n, the agstorm is moving in noe thrtheast direction so it wi e be going like this towards stafford. this is stafforright here and one. svi e.entually it will cross the r rivein risouth central maryland. if it holds its rotation, there's a possibility that we could be talking about tornadic activity crossing the river main toryland over that team frame as well. suffice it to say if you're in the fredericksburg area right now, storm looks like the rst of it is heading right ury area around fredericksburg. head to the baseme to ado warning in effect until or6:00 fthis whole area. so let me expand the view and see what's going on because i n owlot of you are watching upthorand go

sean: s.e., you have questions about whether this was a wise move. >> i do. i love parpe -- sarah palin and want the best for her but in her press conference she gave multiple reasons for doing this. i don't know which one is right yes. it's ok to question her strategy. i don't know that you need to call her craze r for doing it. that's out of line. sean: didn't barack obama promise to serve out the full term as senator? didn't he stay on the payroll the 18 months he was running for president? i doubt he was accomplishing many of the duties they paid him for the >> but nobody is focusing on that. sampe will be labeled a quitter, that she felt it was ok to abandon the state of alaska. sean: who paid barack obama to go travel around the country? raum rambo dead fish" emanuel? he left his job. sebelius left her job. >> it happens all the time and i think sarah palin probably knows what she's doing. she's a very cunning politician. but again, you don't call her crazy. this really shows how far the liberal media has devolved. they used to get onto criticizing her policy. ok. fair game. now they're callin

the agencis making i a post doff world. she's pected to outline a number of moves unde way incling improrovements in staff trainining and overhling th syst for handlin tips on s.e. fraud. tin specter g generals expectct to relee a port in thee next six weeks s on how and w the agency misissed the mado case.. that is s your global stock wat. over to you, chrisistine. >> come up, meredith whitney sasays bu goldman sach so is it time to t back into financia? e-mail us, wodwide@cnbc.com. to look k after myoney." tdd#: : 1-800-342550 tdd#: 1-8080345-25 that's great, but m not." tdd#: 1-80800-345-25 "i guess i'm jususdone wh doing nothing, y you kno" d#: 1-800-345-2550 tdd#: 1-800-0-5-2550 "ohg about moving my money.y. tdd#: 1-800-345-5-2550 am moving it." >>> it is 30 minututes past the hour. here are thehe topusiness ststories om aund the worlrld. inin the u.s., golan sachs gets the ball rollingng for the fir of the f financi sector todayas the firstst othe big banks to report resulults this week. >>. >> eope, there areains against the doorl has gern sentiment fell unexpectedly in jujuly. >> andere in as, a b big ralally in banking stocks light the fire under mo st

county, erince george'sincounty arune cnt y over e s.e tenu re ptanoci bpitiminute no preutonat ahe rr ta mp amind somewhat muggy morning. erat es around the region near 70 in washington,inmontgomr ainntgomery, fairfax pr prince georgs counties. eahoer snre near s70. aihent mouainsrntou mns this morning, in theid-50s th ere. we've got this flow, this ntrsteisloinwteom c imnomro f the south that's going to gicrease our humidity today, veans cha ce of a passing ch late-afternoon thundershower. otherwe,y mtlostl cloudy, rather humid, highs mid-80s. a look at tomorrow in ten minutes at 5:11. >> okay. see you then. thank you, tom. >> let'so back to swrrz now and the news 4 traffic network. >> good morning. take a began der around up to, see how we're doing here. no worries at the wilson bridge, lanes are open. beltway, springfield, 66, up to tysons we're okay. the top side, green belt to silver spring, no early issues. i-270 so far this morning looks like no repeat of yesterday. looks like the lanes are open headed south through germantown. a few folks getting an early start. no problems reported down to the split. back to you. >> thank you. >>