that is the real question -- who bore the risk of something not being foreseen -- unforeseeable is different. unforeseen does not answer the question. >> good point. specifically on these buses, there was a report that the contract had at the time, and there were line items in their bid corresponding to what was anticipated, but for instance, in the asbestos-containing material area, there was significantly more than what the initial reports that they had at the time showed. including this popping material that no one anticipated. then, one of the other larger change orders was the fremont street shoring wall. we have the demo contractor do some of the preparation work that was necessary for that follow one but does work. the majority of the transit center demolition, they left in place the basement lab. we got the subsequent footings underneath it in preparation for the contractor did come in and remove the wood contractors, and it also included adding a temporary shoring wall along fremont street. it was a change in scope that came about after the initial information for big time. >> ok. a

. >> reporter: they blame the company's collapse on unforeseeable market conditions which caused solar prices to plummet this year. >> at the end of the day, the taxpayer loses big time. it stinks to high heaven. >> reporter: still, the white house argues it was a necessary risk for the u.s. to compete in a high tech global economy. lisa myers, nbc news, washington. >> now to electoral politics tonight. democrats lost special elections in new york and nevada last night. in new york anthony wiener's old congressional seat went to republican newcomer bob turner, a retired television executive who created the jerry springer show. he beat democratic state assemblyman david wepran. mark amade defeated kate marshall. up in massachusetts, elizabeth warren who set up the consumer financial protection bureau kicked off her campaign for u.s. senate in south boston today greeting commuters at a train stop. warren is a harvard professor, long-time advocate for the middle class. she gained a reputation as wall street's nemesis after the financial meltdown and faces a crowded democratic primary fiel

that is the real question -- who bore the risk of something not being foreseen -- unforeseeable is different. unforeseen does not answer the question. >> good point. specifically on these buses, there was a report that the contract had at the time, and there were line items in their bid corresponding to what was anticipated, but for instance, in the asbestos-containing material area, there was significantly more than what the initial reports that they had at the time showed. including this

capable of committing this crime and no reasonable security measures could have prevented his unforeseeableawsuit serves neither justice nor annie's memory. >>> up next, an all expense paid summer camp for children who lost loved ones on 9/11. >>> first up, a look at the freedom tower this morning during the moment of silence at 9:08. and a choice. take advil now and maybe up to four in a day. or choose aleve and two pills for a day free of pain. way to go, coach. ♪ while i took refuge from the pollen that made me sneeze. but with 24-hour zyrtec®, i get prescription strength relief from my worst allergy symptoms. so lily and i are back on the road again. with zyrtec® i can love the air®. it's schwab at your fingertips wherever, whenever you want. one log in lets you monitor all of your balances and transfer between accounts, so your money can move as fast as you do. check out your portfolio, track the market with live updates. and execute trades anywhere and anytime the inspiration hits you. even deposit checks right from your phone. just take a picture, hit deposit and you're done. open an

. >> reporter: they blame the company's collapse on unforeseeable market conditions which caused solarr. >> at the end of the day, the taxpayer loses big time. i mean, it's just -- it stinks to high heaven. >> reporter: still, the white house argues this was a necessary risk. for the u.s. to compete in a high-tech global economy. >> that was nbc's lisa myers reporting for us this morning. >>> want to get a check on business before the bell with simon hobbs live at the new york stock exchange. >> good morning. we've got news on the jobless front. new applications for unemployment benefits rose last week to their highest level in two months. 428,000 people applying for benefit. that's slightly worse than the market was expecting. it's the wrong side of 400. it means the economy is probably losing more jobs than it's actually creating just at the margin. what is interesting is that the market is still likely to open in positive territory, albeit by 20 points. one of the reasons for that is that we also have very tame inflation figures coming through within the last few minutes. a rise of

i think it is not unforeseeable that at some point come at some level they might be more precious to have more political instability. if you put all of this aside, is china going to keep growing? i would say absolutely yes. look in the capital labor productivity. i think it absolutely will because again, the fact there's are in favor of china and against the united states, but that's natural because the united states is much more wealthy. >> host: poor countries protesters in rich countries. >> guest: the question of where it's still out as can china converge to capital income? we don't know. we don't know if that's possible because of resource constraints. already we have 85 billion barrels of oil on the planet. the fact of the matter is that we'll be concern is largely oil that was discovered in 1950s and 1960s. constraints about arab land. 1.3 billion people to feed. issues around water. just look at some of the numbers coming out of the middle east in terms of this other nations now working as illustrated hope concerned about water. issues are on energy, but also minerals. that i

it's not unforeseeable that at some point at some level the per capita income they might be more precious for them to have more political stability or political demand from the middle class. if you put all the site is china going to keep growing i would say absolutely, yes. it would be in their favor. is china going to go faster than the united states, yes i agree it absolutely will. these factors are leaning in favor of china and against the united states but that's natural. united states is much, much more wealthy. >> host: the convergence of the poor countries go faster than the rich countries. can china converged american levels of per capita income we don't know it is possible because we have got resource constraints. already we are consuming 85 million barrels of oil a day on the planet. and the fact of the matter is that although we are considering today is largely oil that was discovered in the 1950's and 60's and the of about 10% of the arable land and 1.3 billion people to feed. issues around water, just look at some of the numbers coming out of the middle east in terms of not w