[ticking] [ male announcer ] this is george. day building a play set begins with a surprise twinge of back pain... and a choice. take up to 4 advil in a day or 2 aleve for all day relief. [ male announcer ] that's handy. ♪ [ticking] >> there's something stubborn about unemployment. not since the great depression has the length of joblessness been as long as it's been in the wake of the great recession. by late 2011, nearly 4 million people, almost 1/3 of the unemployed, had been out of work for more than a year. to understand what was happening, in february 2012, scott pelley went to stamford, connecticut, to see an experiment that might just offer a way back for americans trapped in unemployment. >> they started to go through round after round of layoffs, and i got caught in one of the layoffs there. >> the great recession arrived early for frank o'neill. >> it was a cold day in february. >> it was february 2008. o'neill was a credit consultant for an i.t. company. what happened? >> they called me into the vice president's offi

. ♪ [ticking] >> madoff. it is a name that will live in infamy.s a tough name to live with. >> it sure is. >> in the first interview since bernie madoff's arrest, his wife ruth... >> i trusted him. >> and son andrew... >> that's who i am. my name is madoff. and i'll live with that for the rest of my life. >> speak out about crime, guilt, suicide... >> mr. madoff, what do you have to say for yourself? >> and the day bernie admitted to committing the largest financial fraud in history. >> and he said, "i have a confession to make. i've been running a ponzi scheme." [ticking] >> do you think you could pull off this scam today? >> given the same security measures? >> yep. >> easily. piece of cake. >> sam eshaghoff's scam was getting paid thousands of dollars to take the s.a.t. test for other students. he did it at least 16 times, scoring in the 97th percentile of the country. >> i would call him an academic gun for hire. that's what he was. >> welcome to 60 minutes on cnbc. i'm bob simon. in this edition, we examine two very different kinds of fraud.

[ticking] >> when the u.s. companies came here in the '40s and '50s, the americans moved into the area with their families and developed it to suit their tastes and their way of life. they created a replica of american suburbia. today you could be in the outskirts of houston or los angeles. it's almost like it's an enclave within saudi arabia. it's--different from the rest of the country. >> yes, that's true, because-- >> very different. it kept a lot of the american ways. >> yes, of course. >> but blocked off from the rest. >> they are good ways. there's nothing wrong with it. these were their excellent ways. >> welcome to 60 minutes on cnbc. i'm morley safer. in this edition, we follow the flow of big oil from massive, mega billion dollar oil fields in saudi arabia to the u.s. where wall street refines the oil into a mega billion dollar commodity. we begin with a look back to 2008 when the price of oil, theoretically tied to supply and demand, suddenly became untethered. storage tanks were full, yet the price

[ticking] >> oh-ho! mama mia!> ted turner is one of the largest individual landowners in the united states. he owns two million acres across 12 states. he's been described as a genius and a jackass. he's decided to reflect on a tumultuous life and more or less tell all. >> good girl, dixie. >> ted turn may have mellowed a bit, but he's still incapable of pulling his punches. >> now there's not anybody i don't like. but after this interview's over, i may not like you. >> [chuckling] yeah. [ticking] >> i suppose you can say anyone who wants to win so badly, who am i winning for? am i winning for oracle shareholders, or is it simply a matter of personal vanity? i'll admit to it, mea culpa. an awful lot of it is personal vanity. i think we are curious about ourselves. we're curious about our own limits, then we try to discover or own limits. and a lot of what keeps me going and keeps my drive is, i'm curious as to how far i can go, how far oracle can go. they're inextricably linked. [ticking] >> t. boone pickens is on

[ticking] >> coming up, t.ns for his plan. >> what are you doing crisscrossing four states in a day, speaking at breakfast, speaking at lunch, speaking in the evening, meeting people all the time? >> congressman, boone pickens. hi. boone pickens. >> it's like running for president. >> yeah, we're running a campaign at president level. >> on the stump with t. boone pickens next on 50 minutes on cnbc. [ticking] [ male announcer ] you are a business pro. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male announcer ] just like you, business pro. just like you. go national. go like a pro. if by blessed you mean freaked out about money well we suddenly noticed that everything was getting more expensive so we switched to the bargain detergent but i found m

[ticking] conservative. very logical thinker.you right now, the girl back at home would absolutely not have taken a zip line in the jungle. (screams) i'm really glad that girl stayed at home. vo: expedia helps 30 million travelers a month find what they're looking for. one traveler at a time. expedia. find yours. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. [ kitt ] you know what's impressive? a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ but take comfort. it may not be you; it may be your razor. upg

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tick tick tick. tick tick you never seen anything like this on columnists the so. the british. market. was really happening to the global economy with. the global financial headlines. a report. today. these are the images the world has been seeing from the streets of canada. today. does this resolution. there have been lots of cases when we capture a guy with a gun in his hands and he's sitting there shaking his head and saying i didn't do anything and he's clearly off his head we give him a blood test and he's all drugged up sometimes we catch them with some powder or pills in their pockets once a guy charge of us in the middle of a street shooting away we took cover and fired back and we had him but he just kept on walking totally numb to pain from all those drugs they take something that makes them go berserk and then they don't realize where they are or what they're doing they can kill their own father or brother totally unawares oh well. nothing. they say they do this for the faith. that if you some of them say that slitting the throat of an infidel is a great honor but it

[ticking] coming up: making money faster than you can blink...re humans ever involved in the trading? >> humans are not involved in the trading because humans are way too slow. >> when 60 minutes on cnbc returns. [ man ] i've been out there most of my life. you name it...i've hooked it. but there's one... one that's always eluded me. thought i had it in the blizzard of '93. ha! never even came close. sometimes, i actually think it's mocking me. [ engine revs ] what?! quattro!!!!! ♪ quattro!!!!! and you see the woman you fell in love with. she's everything to you. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you

[clock ticking] >> should we call jim?oody and jeff ward left high stress, six-day-a-week jobs as big city lawyers because they wanted to spend more time with their wives and children. they decided to do what more and more working mothers are doing: share a job. >> well, for the first six months of the job, i was referred to as the new joanne. >> the job of assistant in-house council at timberland in stratham, new hampshire, had been filled by two women for years. >> i have two weekends a week. >> two weekends a week? >> and i have a four-day weekend. >> it is a pretty sweet deal. they each work three days a week, overlapping on tuesdays. >> how do you keep the office from sucking you back in on your days off? >> it's a constant struggle. we're always on call because of the blackberry. >> the crackberry. >> the crackberry? >> yeah. >> there you go. it's attached to you. it's part of your body. >> yep. >> part of mike's body even on his days off... >> daddy! >> okay, hold on just a minute. >> when he's the house husband in

tick, tick, tick, tick, tick, tick, tick. and there's a low frequency. tick, tick, tick, tick.ere's a vibrational frequency to waves. and that vibrational frequency to the waves is directly proportional to the temperature. temperature of the sun is enormous, and therefore we have an enormous frequency, so high a frequency that it activates the optical system in your eyes, we call it light. that's very, very high frequency. millions of billions of cycles per second of such little vibrations. very, very high frequency. high frequency because the sun's electrons are shaking at high rates. we'll gonna learn later on, if you take an electron and shake it back and forth, you'll get a wave in space that will shake back and forth at the very same frequency. so it stands for a reason, something of a high temperature with a lot of molecular motion, okay, a lot of charges moving, moving, moving, that that high temperature would give you a high frequency. so this is not counterintuitive. sometimes, we learn things that are kinda a little bit against common sense. we have to look a little d

tick tock! that is nice! tick tock, that was very nice! tick tock! flop with you next time. let's bring him on! that's something you might not do. >> that's my next tour. >> jimmy: the next time -- >> he's a fireman now, so i'm not sure if -- >> jimmy: if he's down with that? >> yeah. >> jimmy: that'd be fun, though. >> people often talk to me about -- they say like, how do you -- you can grow a mustache and use a hammer, how did you become so manly? and i remind them that in my family, i'm the one that went to theater school and studied ballet and shakespearean elocution. >> jimmy: yeah, yeah, yeah. of course, very manly things. >> my sisters could beat the snot out of me, and they're beautiful ladies. >> jimmy: nick, you have a movie coming out, you have a movie coming out, "somebody up there likes me." great title. funny movie. what made you want to do this? >> i love doing little indie movies. it's with a friend of mine, bob byington wrote and directed it. and i've done a few movies with him in austin, which is a great town to shoot in. and it re

[clock ticking] >> we have eight weeks of vacation. >> eight weeks of vacation? >> eight weeks, yes. >> like most frenchmen, marchand has no guilt about taking so much time off. in fact, it's the law. full-time workers in france are guaranteed at least five weeks vacation and a maximum 35-hour work week, with no paid overtime allowed. and not everyone is thrilled about working even 35 hours. >> the aim is to keep your job without working. >> welcome to 60 minutes on cnbc. i'm leslie stahl. in this episode, we'll examine our relationship with work. how much is too much, too little, and who should decide? but before we look at the hours we spend on the job, we'll look at how employers tried to influence the way their workers act off the job. as morley safer reported in 2005, that cigarette or drink at home, that political candidate you supported, even your eating habits are coming under the scrutiny of your employer. if your boss doesn't approve, it might even cost you your job. >> anita epolito and cara stiffler were considered model employees at weyco, an insuran

but the way everyone is talking today, that meeting is not likely to generate tick tick tick >> everyof the clock brings us closer to the deadline: 11:59 tomorrow night, washington time. many members of congress won't even be in town. house speaker john boehner says, don't blame the republicans. >> "we've done our work. they've not done theirs." >> reporter: new york senator charles schumer says, don't blame the democrats. >> "the truth is, both sides have their fingerprints on sequestration, but only one side is trying hard to solve >> reporter: sequestration is a fancy name for putting a padlock on funding for a wide rangeit was originally intended to force congress to reach a compromise on reducing the federal deficit. now the federal government will have to figure out how to handle an 85 billion dollar drop in spending. the white house has been warning about a potential devastating impact on schools, airports, food inspection, and the military. but in his latest public admitted that most people won't feel the effects for weeks or even months. >> "this is not a cliff but it is a tu

. >>> the clock is ticking toward massive budget cuts. but no one in washington willing or able to stop it right now. what's on the chopping block and the big chunk that could be taken out of california. >> and bpa and chronic illnesses in children. the new discoveries raising more concern about that chemical and its effect on our health. that's coming up next. you score little victories every day. now you can do it with dinner. introducing land o'lakes® sauté express®. the all-in-one sauté starter with butter, olive oil, herbs and spices... so dinner really sizzles. it's one step, no prep. and so good, they'll ask for more. and that little victory is a pretty big deal. land o'lakes® sauté express®. find it in the dairy aisle. spending cuts.. there appears to them. >>> bye-bye 85 billion. wow. with the clock ticking toward massive federal spending cuts, there appears to be no hope of stopping these guys. cbs reporter tara mergener says now everyone is bracing for what happens next. >> reporter: that's exactly right. good evening, ken. yes

killer of kid and faun, muddy wallower trichinosis and tick.art, nonnative gar gant wan flea bag you root in the oak brush of bogs and swamp. if we killed you now, hog

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neil: tick, tick, tick, getting sick, sick, sick. the world hasn't ended. not the politicians and apparently not less. consumers, average americans, those who are spending every day. welcome, everybody. i am neil cavuto. in new york's times square. walk on by. by-and-by, those signs of calamity. $85 billion in budget cuts hours away, i am not saying that something horrific can't happen. i am saying that contrary to all of the scar tactics ahead of this moment, the guys who cried wolf are having a very quiet moment. you do have to wonder. maybe they are looking at this whole world right now. maybe beause they crunch the numbers we have scott and mark and gretchen. >> happy sequestration a. neil: i cannot say that. [laughter] >> what we are seeing is the sequestration or the ramifications down the road. they are going ahead with a big meat cleaver. >> was at a butter knife? they don't think the cuts will be that complicated. what do you think? >> the market realizes something. we need to walk before we run. that means that we need spending cut plans in order.

single housing ticked up half a percentage point. multihousing was better. see the permit numbers ticked up a lot are mo. single family, up 2.7%. multifamily, up over 8%. and that's the point i want to make here. multifamily has been driving this market. we're here in miami talking about this new condo boom but there's a hedge going on. a lot of builders are building multifamily residents. they are hedging their bets about the condo buyers and sellers and where the market is going to go. some say perhaps they are going to be turned into condo conversions in the famarket. if the rent comes down and owners decide to sell, you're going to have a glut on the market and need the rentals again. they are really hedging on both sides. >> thank you very much for that. >> everybody is feeling pretty good about the fed. so can anything stick to stocks and bring them down? let's bring in cnbc con brtribu, joe, foo this conversati joe, into this conversation. >> we see it in various surprise indices and as we're likely to learn tomorrow, the fed is going to be happy with

you must be doing something right when you tick off the stars and the sheiks. this is the f f f f f f my mother made the best toffee in the world. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. and make your business dream a reality. we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. on to fox news.com. the sheiks have hit the fan. demand for the oil is going down . american production to sale oil is going up. con? yoko saying oh, no. no, we are not provide examplings was her singing. i will spare you t

you must be doing something right when you tick off the stars and the sheiks. of the headlines log on to fox news.com. the sheiks have hit the fan. demand for the oil is going down . american production to sale oil is going up. con? yoko saying oh, no. no, we are not provide examplingsas her singing. i will spare you that. we have dagen here yoko is tick at us. >> opeconsideris mad because you are not using enough oil and hollywood mad because you are using oil and producing it. it is a perfect world. >> that is very well put. >> you only need to talk to the people of north dakota lowest unemployment rate. 3.2 percent and that is one of the biggest destinations for americans as they are migrating. moving there because of the shell oil . because. >> get it -- >> you know what pizza tastes like there? >> where in north dakota? >> i would rather go to detroit. >> i love north dakota. >> i knoweal said it is a beautiful state. >> you know i lived there a year and a half. >> you are urban. >> when the snow flowers are up it is wonderful. >> listen, this whole thing

what if he were to tick off environmentalists, as much as the risk the president would tick off environmentalists with the pipeline. what's the risk? >> the worry if you go now is a democratic primary, somebody in the primary goes to the left, does the complete, you know -- neil: this could stave it off? >> environmental extreme movement, rely on wind, solar, and nothing else -- neil: right, right. buying time from that? >> yeah, but the damage is does tonight american economy is significant. the damage to the new york economy is worse. america can be energy independent today. neil: this thing with fracking, new york seems to be telling people not open for business, not open for helping you. >> i fought the battle to open new york to the big box stores -- neil: like home depot. >> home depot, fareway and costco. fareway stupe market was the real one. why were prices more expensive for food, groceries, all clothes in harlem, but not sometimes in the midtown, manhattan. they said it was racism or discrimination. the stores were so darn small, the stores had very small inventory, they had a charge o

you must be doing something right when you tick off the stars and the sheiks. this is the facts . his current, bob will retire when he's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on hisortfolio. and with some planning and effort, hopefully bob can retire at a more appropriate age. it's not rocket science. it's just common sense. from td ameritrade. it's just common sense. chances are, you're not made of money, so don't overpay for motorcycle insurance. geico, see how much you could save. there's no subtext... just tacos. yeah, it's our job to make you want it. but honestly... it's not that hard. old el paso. when you gotta have mexican. my feet and exactly where i needed more support. i had tired, achy feet. until i got my number. my dr. scholl's custom fit orthotics number. now i'm a believer. you'll be a believer, too. learn where to find your number at drscholls.com. >>im will heather childerings. final day of the conservative political conference und

i really didn't think anything of it until i started hearing this tick, tick, tick, tick just start comingr and closer and closer to me. i started hearing water. i assume it's the sprinklers but i couldn't tell where it was coming from. >> brandon's about to find out. live on television. >> all of a sudden, i just feel the blast of water hit me. that was it. >> in the history of the epa, car concerns aside, researchers -- >> like a trouper, brandon doesn't let a little water get in the way of his story. >> i'm like i got to keep doing what i'm doing. i don't have a choice. i have to keep telling the news, regardless. maybe it will just hit me once and that's it and i can get out of this. at this point, i know i can't toss back to the studio because while i'm doing my part, the anchors are shifting to different parts of the set, the crew isn't ready. it's just me on air and i just took that step back just to try and get out of the stream of water, and then it came around a second time. >> while brandon's trying to keep his composure, his cameraman is scrambling. >> that's why the camera goe

. >> yeah, henry is a little ticked off tonight. >> ticked off. >> young man.ad to come out of retirement. that's the problem. >> thank you, henry. >> we're back in a moment. stay with us. >>> okay, she didn't hit the jackpot, but she did take home more than 300 grand. a mountainview woman turned in heroining lotto ticket today. she picked five of the six numbers. and sergio made a trip to the lawn dro mat, made a fantasy five ticket and won more than 300 grand. he plans to use the money for a down payment on a home. >> congratulations to both of them. that's wonder chl. >> announcer: it's "the tonight show with jay leno," featuring rickey minor and "the tonight show" band. tonight, jay welcomes -- morgan freeman, olympic wrestlers rulon gardner and henry cedujo, the music of the james hunter six and "headlines." and now, jay leno! [ cheers and applause ] captions paid for by nbc-universal television captions by vitac www.vitac.com ♪ [ cheers and applause ] >> jay: thank you very much! welcome to "the tonight show." nice to have you all here. thank you very muc

and then we ticked down to 190. we didn't -- 160 to 200 range.ollar economy not going to sway my opinion. >> we had a bad number, we'd have to throw all the stuff we said about zandi back there, that he doesn't have it. i mean adp had a really much better number right, and they had a better record recently. okay, ready -- >> very recently. all i did was calculate -- >> are they ready for a miss? >> it could happen any time. what i calculated was that adp had been in a 50,000 to 60,000 job difference, and then they ticked down to say a 20,000 to 30,000 difference. >> didn't adp -- >> for three months. >> adp revised january up to over 200,000 -- >> 215. that's right. >> austin very quickly. what's the your guess for average hours worked. i mean, i know that's a real important one to watch just in terms of hiring. >> i actually bet that ticked up a little bit. that that kind of absorbs what could have been job growth. but i'm not sure as we approach the deadline for instituting obama care you're going to see more movement to increasing the hours --

killer of kid and faun, muddy wallower trichinosis and tick. trap smart, nonnative gar gant wan flea bag you root in the oak brush of bogs and swamp. if we killed you now, hog zila, if we took aim for your belly with our cross bow or laser sight and pulled a trigger or let a tripped arrow rip through the night air there wouldn't be a story to tell. while we lay and wait for you to appear, chewing our ciao and the fat lit up on beer, lit up on the last of the evening light. we will harness you in speech, laszo you with language and make you bleed like the common pig you were before all this celebrity. in dreams you are bigger than you will ever be. you must be made to suffer for your mystery. the origin of hogzila. are you spawn of desoto men? long snouted do your upper tusks sharpen the lower. or did you escape from an aptwau son of a son injected with gonad troepin. black tusks and tell tall tale. did your thousand pound body weigh less filtering out of your brilliant nostrils uncontained as a new myth. your solitary except for one season. you

ticking lower. no one seems to be looking at it. they're talking much more about momentum to the upside and break being through technical levels on the s&p 500 saying if we break through this then we get to this if we break through that we get to that. that certainly the overbought feeling but you can't stop the markets. eight record closes here. david: while we're in the red, i notice you have a reds dress on it didn't affect the market today but maybe it affected amazon. amazon got a downgrade today, right? >> amazon may be under pressure because of a downgrade. amazon came under pressure because jpmorgan put under neutral rating from out form -- outperform. compare sorps -- comparisons year-over-year and competition and margins going forward. >> on the flipside apple got an upgrade today. a nice big upgrade, right? >> right. it had up arrows about 1%. btig calls it a buy. closing bell rings] apple coming out with revolutionary products down the pipe. david: market as a whole was definitely a winner again. another record-breaking

the people that should be ticked off now are the ts agents, for example, whose unemployment is beingut unnecessarily. this president is taking money out of their pocket. the people that really should be ticked off are all the government employees whose work time is being cut back by an administration that doesn't have to cut it back. but he's using this sequester to create political points and questions. and these poor people lose some of their money. >> sean: and i think that for democracy to survive and thi thrive, we need a vigilent media. we have a thrill up our leg, ass-kissing, lap-dog media. how can it be when people can't get fair information? that seems hard to me. >> it's part of a three-stage problem we have in this country. k through 12, the can you understand are being taught by a lot of teachers who lean liberal and are feeding them an extremely liberal line. they go to college and the academic community is all the way over to the left. and the press, i think eight years ago, there was a poll and 93% of the press admitted they voted democratic. i bet it was even higher

he feels it ticking. this is how much time i have left to get things done.t want to waste a day. >> that's right. there are two paths. can i actually work with this group i have toward a decent result? i think maybe on immigration reform, we will see that. i would say the paul ryan budget coming out and being so stark and similar to what he's offered before, i think that was a step backwards. the other route to him accomplishing the agenda is win back the house in 2014. >> he needs to govern now. thanks for joining us. >>> the evolution of president obama and marriage equality. he says he doesn't think it's constitutional for states to ban same-sex marriage. >>> ahead, my exclusive interview with senator claire mccaskill and the problem with sexual assault in our military. would we be having this kind of hearing if there weren't female senators on the armed service committee in it's coming up. ♪ we're lucky, it's not every day you find a companion as loyal as a subaru. love. it's what makes a subaru, a subaru. if your a man with low testosterone, you should

join us for the bullying >>> tonight, tick, tick, tick, the sound of a fiscal time bomb or just dysfunctionalhington misbehaving as usual. >> how much more money do we want to steal from the american people to fund the government. >> i'll ask jack welsch if washington is cutting fat or cutting to the bone. >> a confessed killer breaks down on the stand. >> were you crying when you were shooting him? were you crying when you were stabbing him? >> i'll talk to a man who says jodi arias killed him on the night of the killing. >> also, the pope stands down. >> good night. thank you, all. >> i'll go one-on-one to made the short list. he doesn't even believe in god. penn jillette. this is "piers morgan tonight." >>> good evening. you're looking live at the white house where somewhere, somebody has got to be wondering how on earth did it ever come to this? $85 billion in spending cuts, and just about nobody in america wants, and nobody, not the president, not congress, seems to be able to stop. just a few hours, president obama will meet with leaders from both sides of the aisle. if you think that w

the economy keeps on ticking.oneer behind auto nation, a fabulous company and terrific investment and looking for u.s. auto sales to come in more than $15 million. jackson sees the used car market coming back, a secondary market every bit as big as the new car market but has been stalled out by a lack of product. the point he made sticks with me, we're coming out of not a recession, this is jackson, but an actual depression in auto sales. and that's such a strong pull that it looks to me that the government try as it may can't stop coming out of a depression, same with retail sales in general. take target. last week, it definitely disappointed, no doubt about it. today it roared from the get go. we've got wealthy people spending as we know from the luxury purveyors, we have poor people spending and we know from dollar tree numbers, check it out @jimcramer on twitter. we have home builders and people spending, as we know from home depot's terrific report. these are all happening with possible exceptions to the doll

universal precautions. >> now more time ticks away. a rescuer carrying a plastic bag with the all-important breathing gear. only now on the way down to the river. >> the man needed to be ventilated. i really thought this guy could have been saved. i really did. >> we really tried. by the time philadelphia rescue crews get him up from the riverbank and to a local hospital, it's too late. matthew buford is dead. >> no one will ever know for sure whether he could have been saved. garrett couples says he doesn't blame the crowd or the police for not jumping in if they weren't properly trained. but he says it's hard to believe with so many authorities on the scene that none of them knew how to make a water rescue. >> i mean, it's -- it doesn't make sense to me that you have fire rescue within two blocks, marine rescue within two miles, and none of them are trained in water rescue. to me, that is -- i mean, that's unspeakable. >> after the incident, the victim's family files a complaint and the philadelphia police department conducts an inte

for everybody here knows that time is indeed ticking they've had emergency sessions related to the right to pass a bill that would form a part of a package of the vote that they could present to the. like that and get an approval for an order to get that ten billion euro bailout right now as i'm sure many of us all still in progress and they've approved part of the package what they did approve our capital falls now that would give powers to banks to impose restrictions on the amount of money that the accessed by account holders as well as the movement control the movement of money in and out of cyprus of this is to prevent a bank run that they're very afraid of once banks reopen banks right now are closed until next week until all this gets sorted out so when banks do reopen they just don't want people to suddenly pull out all their money so that's what capital consoles are for the other one that they had also agreed upon is a solidarity funds essentially pulling together assets coming from different sources i've seen reports say that the church will be contributing also maybe perhaps a

the unemployment rate is expected to tick down to 7.8%.es it mean? patrick joins us. where do you fall? what's your forecast? >> net, i'm looking for about 130,000 jobs in february. 150,000 private sector jobs, but i think the fiscal cliff and the concerns about sequestration probably suppressed hiring in the public sector. so it will net out about 130,000. >> well, you're below consensus. in fact, if you were to probably ask people, you know, at the country club as dennis gartman might do, they would probably put the number much higher the. >> jobless claims figures have been well behaved, but remember, they're jush a measure of layoffs. and the adp number has been robust the past couple of months. it's averaging 200,000 in the three-month basis, but you haven't seen that echo in the bls data. i think we're now marking the third anniversary of the jobs recovery. and pretty much worth settling into a pattern of about 175, 180,000 jobs in the first quarter of the year and then tailing off. but what's happened in this particular period is we

the volatility ticks up as well. >> it could., below 20 is not anything to get worried about. that's why i think we are stuck in this range. unless over the last couple of days you get stellar u.s. macro data, which we could get. it could certainly put pressure on the marketplace. i don't see it happening. >> i know a lot of people poo poo what the rating agencies do. we may see them make moves on other countries. >> this will increase credit costs, for sure. i'm sure that will play into the re-evaluation. >> we may hear knit the next day or two. after all of this and certainly because the door is still wide open there is there is so much uncertainty is they will say you guys got get your act together. >> the euro is falling, the dollar is strengthening and we're off 84 points. >> gentlemen, thank you very much. we will see you a little later. and a sue over a cholesterol drug. bertha is following are. >> the announcement on days that these are on a deal at the supreme ourt. the deal could preserve some of the revenues. the right