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They bailed out credits and aig, mostly foreign banks. Had a lot of programs to provide funds to banks. You had a trouble asset relief program. The Federal Reserve was involved in doing that in the sense that bernanke was setting at the table when they were twisting banks arms to take funds. Quantitative easing, thats part of the response to the financial crisis. What i want to do is start off with the beginning in a way so we remember how this happened. Lets leave aside the low Interest Rate st...

Chairman Janet Yellens first News Conference. In a little more than an hour, the head of nato on the organizations response to russian intervention in ukraine. After that the Un Security Council meets to discuss the situation in ukraine. The Health Care Program in the problem is going to continue. If we do not deal with the issue of innovation, if we do not translate all those findings that occur at the pharmaceutical University Level into Health Care Products which are affordable and treat dise...

Advance while the recovery in the housing sector remained slow. Fiscal policy is restraining Economic Growth although the extent of restraint is diminishing, inflation has been running below the committees longer run objective but inflation, longer term Inflation Expectations have remained stable. Skipping over some, some redundant language, quote, the committee currently judges there is sufficient underlying strength in the broader economy to support ongoing improvement in labor Market Conditio...

Vehicles were related to hundreds of air bag related deaths. Peter barnes joins us with the latest developments. A watchdog group, that data shows 303 people died after air bags failed to deploy and accidents involving these two models, the cult and the i on over ten year period gm has recalled the one. 6 million of those cars and five other models ticos when the ignition switch is jostled orr the key ring carries extra weight the ignition could switch off and when that happens airbags do not wo...

Community policing. Chief Howard Jordan wants to hire policemangers to act as consultants. E bill bratten is going to lead the team with vaughn waserman from boston. Well give him recommendations to make sure that theyre implementing it. Its my responsibility. This after a jauj agreed to have a Court Appointed director oversee the Police Department. The Oakland City Council going to complete in january to consider that plan. And coming up on abc 7 news at 6 00 abc 7 newss nick smith looks into h...

Are caught on camera as they destroy dozens of cars. Captioning funded by cbs this is the cbs morning news for friday, march 14th, 2014. Good morning. Thanks for joining us. Im marlie hall in for annemarie green. There is a growing sense this morning that whatever happened to the missing Malaysia Airlines jet it was a deliberating at. Nearly a week into the search, theres still no sign of the plane, but u. S. Officials say they dont believe flight 370 crashed immediately after it disappeared fro...

Technically and now a political and legal level. The stakes here are huge, right. Education, entertainment, huge markets. The freedoms of citizens. Google is a perfect placement there are others as well. Were in a decade long transition where well go from a minority of the World Population being online to the entire population being online. One, you want a front row seat. Two you want to be heart of ensuring that new found connectivity is a force for good in the world. Emily we conclude this eve...

New evidence suggests it may not have been an accident. They continued to sing pings to satellite for five hours after it lost contact with radar. Now searching the indian ocean the sides of six United States. If it turned off the path it had to be a deliberate act. Us airways jet had to abort takeoff in philadelphia when its front landing gear collapsed. Secretary of state john kerry meeting with his london counterpart. John mccain said his own republican colleagues blocking the ukraine package...

Technically and now a political and legal level. The stakes here are huge, right. Education, entertainment, huge markets. The freedoms of citizens. Google is a perfect placement there are others as well. Were in a decade long transition where well go from a minority of the World Population being online to the entire population being online. One, you want a front row seat. Two you want to be heart of ensuring that new found connectivity is a force for good in the world. Emily we conclude this eve...

If you are allowed to choose a pilot, i would choose him. I have full confidence and trust in him because of his joy and passion for flying. You know, if something happened to the flight, i would believe he would make sure of the safety and welfare of everybody else before he thinks about himself. This change in the investigation was prompted by electronic data that shows the plane flying a straight path. Once communication was cut off, the jet made a hard left turn, leaving the china sea, flyin...