eyewitnesses saw the plane come down said it appeared to wobble after takeoff before crashing to the ground. lokomotiv joins the unfortunate list of other teams. who had been devastated by disasters. >> for more on today's crash and what investigators will be looking for, i am joined by the former management director of the national transportation safety board. it is your job in america to investigate crashes like this. what were your colleagues in russia be looking for? >> the russians have a very effective investigative agency. the one who has headed for 30 years has a wonderful reputation for honesty and integrity. i think we will find out. the first thing we look at is, was the plane configured correctly for takeoff? it is very unusual to have a plane crash like desperate did they have their flaps down? were they ready to take off? was there an engine problem? they will go for the black boxes. hopefully, this charter operator all said they were in good shape. >> russian airline crashed, it is tragic and it is not a huge surprise. >> it is not, unfortunately. this has been a dread

. >> the galloping ghost was coming right about here, started wobbling. something must have broke, cable or what. then it came up and started heading towards the stands, looked like he was going to try -- if he was still controlling, going to try and fly over the stands to get away from those, and the plane just kind of turned hard and when it started coming down, looked like he must have been pulling really hard to get it as far away from the stands as possible. >> reporter: if you've been to the races before, you know how quickly things develop. these races are superfast, high performance aircraft that will go up to 500 miles an hour there, prop-driven aircraft. it's amazing how they move. when trouble happens, it happens quickly. this is not the first fatality in this race. there have been 19 fatalities at the reno air races since 1964. that's a lot. we can't remember when a plane has actually injured people in the crowd, but you can see some of the emergency teams coming into the area, some of the emergency responses we mention, at least half dozen am

i didn't know the wobblies were anarchists and but you know some thoughts on. the oblique aren't an anarchist in but actually moves while police are americans. down in their hearts ok. you you write that there's no such thing as a free market but rather that cultures and societies organize marketplaces for a very very specific reasons can you elaborate on that and what does that mean for us now. one of the things that really surprised me when i was researching the book is that you know all throughout the twentieth century we've seen this kind of contest between states and markets and it's all politics are about choosing sides you know what do you really believe in the market or government is able to say social problems so we're used to thinking this is opposed principles but actually if you look at it historically you know societies that don't have states generally don't have markets markets first seem to arise as a kind of side effect of bureaucracy this and for that much of human history there really is a side effect of military operations so the opposition r

it wobbled and it came up and he started heading towards the stands, he will going to try fly over the stands to get away and the plane turned hard and when it started coming down looked like he was pulling hard to get it as far away as possible. >> going up, above vertical, gets twisted and turned and wam! and it was all brown smoke. >> i saw a lot of bloody people. people standing in shock looking around. they came over the loud speaker and asked people to don't come down here, but don't leave. stay where you are and turn your children away from it because it was a horrific site with lots of blood and lots of very cat trophic injuries. >> reporter: emergency responders rushed to help people. there was debris everywhere. this is what the p-51 mustang looked like before the crash. called the galloping ghost, built during world war ii. air show officials interviewed jimmy leeward a day before he died. >> we are as fast as anybody in the field. or maybe faster. >> reporter: reggie kumar, kron 4 news. >> cameras were rolling watching the race as the aircraft suddenly crashed into the grou

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so did the wobblies.e world, the radical labor union, they wanted it because they thought alcohol was a flaw that weakened the working man. everybody wanted it, but it was prohibition for someone else. this is a story of single-issue campaigns that passed with unintended consequences. the demonization of immigrants, the loss of a civil discourse. >> stephen: how could we possibly understand a political system like that? >> yeah. well, it gets even better. there was a whole group of people who feel like they lost control of their country and couldn't take it back. do you know acliewz yas seize 19? there's nothing new under the sun. >> stephen: did we really stop drinking? >> no. it actually did go down for a time and cirrhosis of the liver declined and drunk driving accidents declined. >> stephen: how many... >> that's the thing. it coincided with the mass distribution of cars. so everybody now had a car. so this was already a serious problem. but i think the people who continued drinking, who love the spe

a bit wobbly but one more rhino granting hope to a whole species.ping a species like the giant panda from disappearing from the planet takes a huge investment of time and money. but it's paying off. ken watches, holding his breath. >> she goes through labor. she gets up, she gets dunn but she usually has this one bleat, a sound she makes that we recognize when she's getting close. >> reporter: a fragile baby

as soon as i get me breath back and me eyeballs stop wobbling,

. >> when the plane was coming right about here it started wobbling. something must have broke.as a cable or what but started wobbling and then it came up and he started heading towards the stand and look like he was going to try and if he was still controlling he was going to try and fly over the stands to get away from those and the plane just kind of turned hard and when it started coming down looked lake he must have been pulling really hard on the stick to try to get as far away from the stands as possible. >> plane was a p 51 mustang called the galloping ghost. world war ii fighter plan. this is a picture of a different p 51. it was the safest fighter plane and most effective during world war ii, one of them any way. the pilot jimmy leeward owned the leeward air ranch racing team. >>> most powerful woman in the 0bam administration packed a house in san francisco this morning. secretary of state hillary clinton spoke to a gathering of foreign diplomat and business leaders at economic summit. and she says the key to growth is simple. her solution from abc 7 political reporte

euro banks wobbling and stocks here in a freefall. but monday reports that officials were preparing bold new action and strong words from president obama helped calm market nerves. stocks gained back about a third of last week's losses. the president challenged euro leaders to act quickly, saying the crisis is scaring the world. not surprisingly, since banks here have the most to lose, financials led gains. both jpmorgan chase and citigroup rose 7%. apple held down the nasdaq falling on reports it's cutting orders from ipad parts suppliers. boeing rose a day after delivering its first 787 dreamliner. berkshire hathaway's b-class stocks soared on news of a share buyback program after investor complaints the stock was undervalued. >>> the securities and exchange commission may file civil action against standard & poor's for its rating of a 2007 mortgage debt offering. the commission may move against the entire rating industry for actions leading to the financial crisis. and finally, the inventor of the dorito, arch west, will be buried

it started wobbling. then it came up and he started heading towards the stands. looked like he was going to try and -- if he was still controlling, he was going to try and fly over the stands to get away from those. >> twisted and turned and it was all brown smoke. and debris, no fire. >> there appeared to be a problem with the aircraft that caused it to go out of control. >> reporter: jimmy leeward, a well-known and respected racing pilot, was helping the p-51 mustang that crashed into spectator seats. he talked yesterday about how he thought he might win the races this week. >> right now, i think we've calculated out, we're as fast as anybody in the field. >> reporter: the outcome, of course, was much different. >> pulled out of formation, came around here -- >> reporter: ty jacobson was about 100 yards from the crash and took this video. i spoke with him tonight via skype. i asked him if he could tell what went wrong. >> i was over in the pit area, walking around to find some pilots that i knew from my hometown and saw two planes that were in formation coming

witnesses say the pilot was performing a precision maneuver when his plane wobbled and slammed into the ground. that pilot is reported dead. his name has not yet been released. officials say no spectators were injured. >>> now to some developing news in the search for nursing student michelle le. volunteers combing a wooded area today in unincorporated alameda county found a body. jade hernandez just arrived there at the scene and joins with us latest. >> reporter: about 30 minutes ago we received an update from the hayward police department and we can tell you this evening that a body has been found. authorities cannot tell whether or not that body is a man or woman, the remains are so decomposed wftv we can tell you that the hayward police department is actually keeping us away from the area. news chopper 2 can give us a clearer picture above us this evening. so far we know a volunteer discovered the remains today during a search for missing student michelle le. this is the eighth search since had he disappeared in late-may. they conducted the search in the sunol canyon areas and we h

five witnesses who saw the plane come down said that it appeared to wobble after takeoff. lokomotiv joins the list of other teams like manchester united, who have been devastated by air disasters. >> just a short time ago, i spoke to our correspondent who has been to the crash site. i asked what investigators were looking for. >> first of all, they were looking for the fragments of the plane which crashed at about 1 miles from the point of takeoff. that means right after the takeoff. half of the wreckage was in a small river and half as it was across the bank. the investigators were looking for the small fragments of the plane although the wreckage was not torn apart. >> obviously, ice hockey is a huge sport in russia. how are the fans of this club responding? >> well, the club is really really popular here. this is one of the very few top sports teams here in this big city. we saw that some of the fans of lokomotiv were at the site two hours after the tragedy. i can see the young fans of the club in their dozens standing with candles in front of the local town club. >> th

it started wobbling.stands. >> 74-year-old jimmy lee ward was piloting that vintage world warplane. he has been racing since 1975 and was an accomplished hollywood stunt pilot. leeward lived in florida. the national championship air races in reno have been held for the last 47 years. people from all over the world really come to attend this event. and in that time, officials say 20 different pilots have been killed in various accidents. but this is the first time spectators have ever been harmed. now, of course, the future of this whole event is in question as the ntsb, the national transportation safety board is on the scene combing through the wreckage, trying to figure out what went so terribly wrong here yesterday, heather. >> really really horrible. thank you so much. casey stegall reporting live for us from reno. >> greg: we are getting word of another plane crash hours ago involving a world war ii era plane t-28 plane going down air show in west virginia. according to the state's national guard. th

euro banks wobbling and stocks here in a freefall.ports that officials are preparing bold new actions and strong words from president obama helped calm market nerves. stocks gained back about a third of last week's losses. the president challenged euro leaders to act quickly, saying the crisis is scaring the world. not surprisingly, since banks here have the most to lose, financials led gains. both jpmorgan chase and citigroup rose 7%. apple held down the nasdaq falling on reports it's cutting orders from ipad parts suppliers. boeing rose a day after delivering its first 787 dreamliner. berkshire hathaway's b-class stocks soared on news of a share buyback program after investor complaints the stock was undervalued. >>> the securities and exchange commission may file civil action against standard & poor's for its rating of a 2007 mortgage debt offering. the commission may move against the entire rating industry for actions leading to the financial crisis. and finally, the inventor of the dorito, arch west, will be buried as a result in

a wobble for wiki leaks as the whistleblower takes a hit from some of the world's biggest newspapers for publishing an edited cables. and lights and lasers instead of cake and candles moscow gets a very special present for its eight hundred sixty fourth birthday. if you. download the official auntie application to go on the phone called touch from the top story. on the. video. calls and says feed now in the palm of your. question on the dot com. u.s. markets have taken a nosedive as fears over a new recession grow they were fueled by the worst jobs report in a year which showed employers have virtually stopped hiring trying to cast her jailed celebrity believes that washington is under the impression that regular americans simply don't deserve a bella. we know that the that washington is talking about more austerity measures the same kind of voice staring measures that are rocking through europe as well what does that mean it means more cutbacks so at a time when the economy is already slowing down they created zero jobs which is just perfect for washington because they bad zero on j

fellow american model russell roddick had taken the first two sets of that any problems but then wobbled a bit to lose the four scrapping to take to the side at seven five. but will now russia all hoping to win form plays could help unlock the defenses in the coming year i qualifies mcfeely good as your coffin striker alexander because you cough have put in some sparkling performances in the russian prime elite recently and coach dick advocaat believes they'll be cagey in the home ties against macedonia and ireland constantine patrol has been following the sides preparations in moscow. this is the second training session ahead of the first qualifier. here at the stadium the last time the immense russia squeezed one new victory and this time. hopes his side will be more creative particularly with midfielder. finding form again since his recent move from chelsea. said i was really happy to. came back to russia to play. richie again because you can see the way he played last saturday was for his own g. so and is very important for the national team because i still think that everybody russi

a wobble for wiki leaks as of the whistleblower takes a hit from some of the world's biggest news papers for publishing an edited. lasers instead of cake and candles in moscow gets a very special present present for its one hundred sixty fourth birthday. he to. be official. from the. video. and. in the palm of your. u.s. markets have taken a nosedive as fears over a new recession grow they were fueled by the worst jobs report in a year which showed employers have virtually stopped hiring trying to cast. believes washington is under the impression that regular americans simply don't deserve a bailout. we know that the that washington is talking about the measures the same kind of voice parody measures that are being through europe as well what does that mean it means more cutbacks so at a time when the economy is already slowing down they created zero jobs which is just perfect for washington because they bad zero on just about everything that's thrown at war on drugs wars in afghanistan and wars on education you name it they add to it they do zero so what it shows us is that at a time wh

that's where the wobble comes from. that's how they know it's 3.6 times heavier than the earth because it made that star wobble a little bit. we won't even try to look at it until the new telescope komz out next year from the observatory in chile. >> i think we should take a field trip. >> it's ha high ae's high in t lot of atmosphere to go through. you speak spanish fluently. i'm going with you. >> great. thank you. love talking space with you p. >>> she's only appeared in person once since the tucson massacre. gabby giffords about to speak publicly for the fist time after being shot in the head. >>> also, she's considered a tea party favorite but no republican candidate is plummeting faster in the polls than michele bachmann. tonight with the tea party movement asking questions, is this bachmann's last stand or could it be a rebirth? don lemon with a preview of cnn's publrepublican debate is . >>> some of the top stories unfolding right now, texas still burning. officials say they responded to 19 new wildfires just ye

witnesses say the pilot was performing a precision maneuver when his plane wobbled and smashed into the ground. his name has not been released. there were no injuries on the ground. >>> we have continuing coverage of the reno crash on ktvu.com. >> police have identified the man they're looking for in connection to a carjacking shooting and homicide. alex savage says the man is aparolee and now the most wanted man in san jose. >> police collected evidence at a house here. investigators say they found the body of an asian woman inside a separate structure on the property. police have now identified her as 61 year old cindy win. she was kidnapped by this man that has ties to the house here. >> it's crazy in the neighborhood. >> wins friends got word that a body had been found in this house. coworkers are crushed. >> there is very terrible for us. cindy is a special person. she is almost super being. >> they launched a city wide manhunt for him. swat officers searched an apartment complex but couldn't find him. his crime spree started yesterday with a robbery and shooting at a gas station.

a wobble for wiki leaks as the whistleblower takes a hit from some of the world's biggest newspapers for publishing an edited cables. to check out our gallery of moscow's a massive annual military tattoo in the iconic red square where dozens of russian and for in the armed forces are performers have been giving it their all at r.t. dot com along with all our news and video reports. he. says. the official all see how to make a show. called touch from the. jaunty lights on the go. video on demand. mind old girls. and says feed now in the palm of your. kong. u.s. markets have taken a nosedive as the fears over a new recession grow they were fueled by the worst jobs report in a year which showed employers have virtually stopped hiring trying to castrate jail that believes washington is under the impression that regular americans simply don't deserve a bailout. we know that the that washington is talking about more austerity measures the same kind of it was staring measures that are rocking through europe as well what does that mean it means more cutbacks so at a time when the economy is

no clearly if you feel so much much better positions doing a drawing for you with the reduction wobble. russian government is selling fifty percent state back to the city generated into rao as part of a massive province's ation drive and was valued the stake at over six hundred million dollars the head of the company says that the sale could happen in four years currently the state owns sixty percent and plans to withdraw from ownership by two thousand and seventeen it's seeking to attract more private investors in the troubled generating sector which is suffering from inefficient management one fifty percent of facilities are out of date with small and medium sized business suffering from an atrocity costs. that's a look at the markets not all of us like you know the solid brant crude is losing sixty nine cents trading at one hundred fourteen dollars a barrel oil has jumped to the highest level in a month on positive chinese manufacturing data clever concerns about global economy is still putting pressure on crude price with lost more than seven percent in august. markets in asia and

tragic plane crash that took the wives of one of the russia's a top ice hockey team lokomotiv just wobble find out more of our team back on. is the. east coast. six. now wraps up our news this hour but i'll be back in just a moment with a recap of the headlines that's moscow out of our weekend arts and leisure guide plus all the weekend sports ahead too that's how the next half hour looks here on our blog. we. like millions of americans i've lost thousands of dollars in retirement funds and i haven't had as bad as many that's not just the delta there it's about needs to. mean i am probably beyond out. missing. and. needed. now. since this is my film i get the last word this financial crisis will not be for golf like a light sleep. we. please. just so. see. wealthy british scientists on. sometimes. markets why not come with us find out what's really happening to the global economy in the cause report on our key.

he's the man who makes wall street wobble it's max kaiser stay tuned for the kaiser report. i'm kathleen cleaver. but this is the kaiser report there must be a big story here talk to me while max it appears that your billboard in times square was spotted your five hundred dollar silver if you want it we received this tweet from sean ono lennon max and stacy are like that eldridge cleaver and kathleen cleaver of the financial revolution that this time will be televised that sounds right yes well just cleaver was the minister of information for the black panther party and he was you know standing up against the oppressor that kept them in ghettos and you and i here on the kaiser report are resisting the financial oppressors that keep us in debt ghettos that's right it is also famous for a pair of trousers that he designed the elders cleaver sleeve these are the pass i wear when i'm doing the show. so i want to show you that the financial war is on and war this war is over if you want it j.p. morgan chief says bank rules anti u s yeah i saw that tell us more so j.p. morgan chie

not very far from where we are of course at the venue for the global policy forum here in europe wobble like you said thirty four so far confirmed dead we know three are in critical condition and it's known that thirty seven people of course intro were on board so people hoping that those three people of course will survive we know that the plane crashed about five hundred meters off the runway and somehow it turned on its life the amazing is that this is a hockey team this is a team traveling through means for training when they when they crash on this take off a plane a yacht forty two i don't know very much about that plane but what i have heard so far that it's a very reliable plane we're kind of monitoring with situation and getting little bits is. little bit of bits and pieces i suppose for mason as it's all the convent and in fact as soon as i'm done talking to you we're going to get in a car and go over over to the airport it's not very far from here like i was there and actually try to. figure out what a way exactly happened there and get some pictures for you all right thanks

that's one of the big topics here a lot of debate like i said on all of the issues and really dearest wobble at least russia hopes is going to become a very big part of the political world it's going to become somewhat of a political davos here and you're a squabble and each year more and more experts are coming to this small town not very far from moscow to like you said discuss some of the world's most pressing issues and you'll be there throughout the day to cover it for a new so no way live in jaroslav. or she will be bringing you the full picture of what's going on a euro solve a lot of the global policy forum throughout the day and a niece who will be giving us updates each hour so stay with us for that. the defense team for former yugoslav army army general mom shiloh parris it says they'll appeal the verdict of the hague tribunal this after the military leader was said to twenty seven years in prison for war crimes paris it was convicted of abetting atrocities during the balkans war in the ninety's including the massacre of about eight thousand muslims in srebrenica he is one of seve

economy goes down all of these economies are all reluctant you know you look at all of the property wobbles like britain ireland spain and the united states we still have huge number of foreclosed properties or shadow foreclosures those have not been written with the economy goes down suddenly those losses would be crystallize these banks the capital will be eroded they will be able to make the whole thing to spiral so as a result of that so that's really what we have to consider that's sort of a negative scenario where you pile this other stuff on top of that as well it becomes even more of a problem piles piles pile that doesn't sound like very much fun but at that point again are people going to start looking to the fact that i think the fed is going to have a magic take it to be able to help us out that's all you're feeling. is that people are to start saying get in there get in there get in there people already say that right now let's get with the qualitative easy and start putting some liquidity into the markets the key thing to. wasn't very good example now wasn't we have much credi

the global picture wobbled with the u.s. jobs numbers out on friday. welcome back.watching world business today. >> a rough monday morning on stock markets. two hours into the trading day. the losses are steepening. the london and dax are falling sharply. >>> now, switching gears. known for it's ancient roller coasters. it is not wall street. it has famous hot dogs. coney island of yesterday is getting a makeover to draw new crowds and their money to the old seaside resort. felicia taylor explains. >> reporter: right in the beginning, it is stops and speeds up. you feel like your stomach is about to fly out of your body. the cyclone and the wonderwheel aren't the only game in town at coney island. a new generation of rides are getting rave reviews. this is the scream zone. and all of these new rides are part of a multiyear projects. the city of new york is putting more than $150 million into the project. >> i understand there are about 450,000 people that come to the coney island park. where would you like the numbers to go? >> i think it would increase 20% every ye

. >> when he was coming about here it started to wobble. and there is something must have broke.d heading towards the stands looked like he was going to try to fly over the stabdz to get away from those. the plane just turned, hard. and looked like he was trying to pull hard on the stick to get it as far as possible. >> it this is a picture of a different p 51 mustang, a world war ii era plane, single seater and there is the pilot. the owner of the lee ward air ranch racing team, was well known and experienced racing pilot. he died in that crash. >> and that is a tragedy in reno. joining us on the phone is jeff martinez who saw it happen. jeff is a meteorologist on kolo and fills in for us. >> hi, dan. >> i understand you were there with your children. and so sorry they had to see this, take us through what happened. >> amazing and unbelievable. we're here in the rv camping out maybe two blocks from the event. and there are flames, we walked from the rv. yesterday i was with my 7-year-old and i saw the plane. they took off and they do everything, looked normal. circling around. t