i did it to end the suffering the patient's going through. the patient's obviously suffering. what's a doctor supposed to do, turn his back? if he is -- if he's a koucowarde is. >> part two of the big "360 interview" with dr. kevorkian. keeping them honest on wall street. many americans have believed wall street, i'm talking the big fimplz, those bankers who make millions in bonuses basic daily do what they want to get rich no matter how and who's hurt and only rarely are held accountable. goldman sachs for the most part has escaped blame for the meltdown was accused of fraud. they have only been accused at this point. the s.e.c. says the firm sold toxic bonds to investors that would become worthless within a year. according to the s.e.c., the bonds that goldman sold to investors were picked mainly by a hedge fund that was also betting the subprime mortgage market would collapse. the s.e.c. says goldman never told the investors about the deal with the hedge fund. in the end, investors were wiped out, losing $1 billion. the hedge fund pocketed billions of dollars in profits and goldman picked up millions in fees. the transactions they're talking about are confusing. i want to bring in our own ali velshi to explain more. >> you're right, it is confusing. let me try and give you a little more light on this one. the hedge fund you're talking about, a company named pahlsson and company, to relation to the former treasury secretary. let's replace goldman sachs and these bonds, let's treelt goldman sachs as if it were an antique car dealer, and they're selling '57 chevies. they've got these two '57 chevies in the shop, on the left and right. they have a few dings. some of the parts are really good, some are not. let's just say that this paulson and company, this hedge fund company we're talking about walks into that dealership and says, i will take this car as long as you take all the bad parts out of it, put it in the other car and take all the good parts out of the other car and put it in this one. so now what happens is you've got one of these two '57 chevys that's got great parts in it. it's all shiny and new. the other one's battered up and it's got bad parts in it. let's move forward. now the dealership, goldman sachs, this is all what's alleged, nothing's been proven. this is what the s.e.c. says. basically, the dealership has sold that one shiny new car. they take the other car with all the bad parts in it, they shine it up. they make it look like the same car, and they sell it as if it's a good car that's likely to work with a normal amount of good and bad parts in it. that is what the s.e.c. alleges happened, that basically they took this pile of bad stuff and sold it to investors as if it was a stable investment that might have gone up or might have gone down, knowing full well that it was not going to appreciate in value and that someone had done something to that pile of stuff to make it lack value. and that's basically what the allegation is. that goldman sold unworthy stuff to people who were buying it as if it was a normal investment. and it is those residential mortgage-backed securities, those bonds, that you're talking about. >> and for all these accusations, the money they're accused of making is $15 million. >> very little. >> which for goldman sachs isn't a lot of money. >> i would guess they make more out of their vending machines. naets that's exactly the point. the question here is did goldman knowingly sell a bad investment to its unsuspecting investors without saying someone is betting against this investment actively so it is likely to lose value? that's what the question is. >> ali, appreciate it. thanks very much. in a statement goldman sachs called the allegations completely unfounded. my next guest believes goldman rigged the market to get rich. matt taibbi joins us. he's from "roling stone" joining us along with our legal analyst. thanks for being with us. matt, you accused goldman sachs of a lot of shady behavior. you say what they're accused of right now is worse than you thought. >> back in the summer i wrote an article. basically what i wrote is i said goldman was betting against its clients. at the time all i really knew is that at a certain point in time goldman was short the housing market. they were short mortgage-backed securities. at the same time, they were selling these same sorts of instruments to their clients. this is actually a step worse than that. the allegation here is that they got together with this guy, paulson, and they conspired to basically make a giant ball of crap that they could sell to their investors. this is actually making a bad investment that you can bet against and then unloading it on your clients. >> what's interesting, too, matt, is what shocks people on, you know, about this, it's one thing people kind of think, okay, you know, doing things which hurt americans in general, but for wall street firms to actually even hurt their own investors, by people on wall street, that's seen as doubly bad. as if hurting americans isn't bad enough. >> that's why this is going to be incredibly damaging to goldman sachs. it's one thing to have left-leaning commentators picking on them for being unethical or bilking the government out of billions which they, of course, did in the bailout. this is an entirely different ball game. this is robbing from your own clients. and on wall street, it doesn't get any worse than that. this is going to directly affect their bottom line and their relationships with all of their customers. >> it does seem if it hurts american taxpayers, that's one thing, but they're hurting their investors, so people on wall street are doubly upset. does the s.e.c. have a strong case? >> i've got it tell you, i read the complaint, anderson, and it looks very beefy. it does look like they have a very strong case, if they have evidence to support all the allegations that are in that complaint, i would say this is going to be a horse race here. i mean, typically, you know, the s.e.c. really blew it with the madoff investigation. they dropped the ball there. and i think they have a chip on their shoulder. really, the commission has something to prove here. and by alleging that the golden boys of wall street engaged in this type of fraud, that is very, very significant. >> matt, let me play devil's advocate. if they only made $15 million off this transaction, goldman, why would they take such a risk, assuming these allegations are true, when right now they're just allegations, but why would they take such a risk for $15 million? i mean, that's a lot for any citizen, but on wall street for goldman sachs, you know, for the money they make, that's not that much. >> we don't know the entire story here. i've also heard versions of the story where goldman was short some of these instruments. so we don't know how much they're making out of it as well. the $15 million figure that you're quoting is just the fees they made off the transaction. we don't know what goldman's actual interest was in this deal. so, that remains so be seen. >> sunny, is it possible they could say this was the trader who was involved in this, the one employee's name who sent the eames about this and we didn't know, the higher-ups will say they didn't know? >> absolutely. typically that employee is generally fired. i've been looking into it and apparently the employee has not been fired yet. but i have to tell you goldman did release a statement today saying that they also lost $90 million. and they made very good points in their statement. and so they're obviously going to defend this pretty vigorously. matt, sunny, appreciate you being on. join the live chat at ac360.com. you can talk to viewers watching around the world right now. the ash cloud causing worldwide chaos. this stuff is unbelievable. thousands of flights canceled, airports shut down. a lot of travelers caught in limbo. an erupting volcano in iceland is the cause. gary tuchman is there. we'll talk to him coming up. he's on the ground. and how dangerous is that ash? we'll show you one passenger jet's close call decades ago. first, the smoke filled the cabin, then came to flames. the engines caught on fire. incredible story of survival ahead. and what you don't know about jack kevorkian. the doctor who helped more than 130 people die. he's not sure of the exact number. he joins us with the big "360 interview." a fascinating, candid interview with the man at the center of this life-and-death issue. 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[ female announcer ] visit exelonpatch.com for free caregiving resources. a fiery volcano continues to cause air travel chaos across europe tonight. the eruption has created a massive amount of smoke and ash that airplanes cannot fly through. we'll tell you what happens to plane if they attempt to fly through the danger zone. we'll take you inside a dangerous flight decades ago. today across much of europe, some 16,000 flights were grounded in nearly 20 countries. can you imagine the chaos that's caused? back in iceland close to the volcano, residents are on edge. gary tuchman is there with a "360 dispatch." >> reporter: he's a farmer. his family has owned this farm on the southern coast of iceland for 104 years. that's why this is a very traumatizing time. getting closer and closer to his land, as the wind has shifted, a plume of ash billowing larger and larger from the newly active volcano that looms over his farm. the eruption took place under a glacier causing the water under that glacier to flood much of his farm. >> translator: i was really scared. i was shocked afterwards. i was standing here and watched the water come. >> reporter: his family is feverishly building a dike in case more floodwaters pour down the mountain. but it's the approaching volcanic ash that's frightening so many others in iceland in a little over an hour's drive from the capital recollect gentleman vick. people are sealing their windows and doors in hope the ash doesn't ruin their homes. the deputy is with the local police department. how scary is this for the community, the eruption of this volcano? >> well, it's pretty serious because it's mostly because the properties of people and their life's work are being -- possibly being steroid. >> reporter: the last time this particular volcano erupted was in 1821. almost 190 years ago. and those eruptions lasted for about two years. people are sure hoping it doesn't last that long this time. what's happened from this volcano, because it erupted underneath a glacier, it flooded these fields. now you're seeing all this muck, this mud, these rocks, these ice balls. so far the damage has been limited to flooding, some buckled roads, there have been no fatalities, no injuries and the people of iceland consider themselves so far very lucky. because the last eruption of this volcano was almost 190 years ago, his family hasn't dealt with something like this. he just doesn't know what to expect. >> translator: i don't know. you don't know. there's no way to know. >> reporter: what he does know is that this weekend will be tense. >> so, gary, what experts say, i mean, about how long this huge plume cloud of ash is going to be there and cause a threat? >> reporter: these experts know a lot, anderson, but they don't know enough to tell us how long it will last. usually when there are volcanos here in iceland and regularly volcanos in ice lands, they don't last very long. but like i just told you, this volcano in 1821 lasted two years. that would be big trouble. and volcanos happened in the 18th century, 9,000 people, a quarter of the population of this current, were killed during the volcano back then. they do not expect fatalities during this but they expect the possibility of property damage. >> and that country's been hit hard economically. it's the worst thing that could possibly happen and possibly causing problems for all of europe. boeing tells us in the past, 30 years, more than 90 jet-powered airplanes encountered volcanic ash and suffered results. randi kaye with the nightmare at 37,000 feet. >> reporter: this documentary from national geographic recreates the terrifying but true ordeal of a british airways jet caught in a cloud of volcanic ash. june 24, 1982, flight 9 from london to australia. the radar says except a smooth flight, but suddenly inside there's reason to panic. >> i noticed that thick smoke was pouring into the cabin through the vents above the windows. >> the acrid smoke was at the back of your throat, up your nose, in your eyes. >> reporter: they are 37,000 feet above the indian ocean when the engines ignite. >> the engine's on fire! >> there were huge flames coming out of the back of the engines, 20, some people said 40 feet long. >> reporter: in about a minute and a half, all four of the boeing 747's engines fail. >> engine failure. number four. fire action, number four. >> none of us believed it was happening. >> reporter: what captain moody doesn't realize is that he's actually flying through volcanic ash in indonesia. the ash made up of tiny bits of glass is drawn into the engine. it melts and gloms on to the engine parts instead of passing through. choking the engine to death. >> reporter: the boeing 747 is dropping from the night sky. heading straight for the indian ocean. they are about six miles up. about a half hour from crashing into the sea. >> mayday, mayday, mayday, speed bird 9. we've lost all four engines. >> reporter: captain moody warns the nearly 250 passengers to prepare for an emergency landing. >> i said, good evening again, ladies and gentlemen, this is your captain speaking. we have a small problem. all four engines have failed. we're doing our utmost to keep them going. i trust you're not in too much distress. >> reporter: passengers begin to accept they may not survive. >> ma, in trouble. plane going down. >> we'll do best for the boys. we love you. sorry, pa. >> reporter: the jet sails through the sky like a glider, still unaware of the ash, the crew glides low enough to escape it. captain moody considers landing in the ocean. but then at 13,000 feet, the crew gets all four engines started again. they'd had a chance to cool, and the ash had broken away. one quickly fails again. still, he lands british airways flight 9 safely in jakarta, indonesia. almost 27 years later after his heroic flight, captain eric moody, now retired, tells us it's smart to keep airplanes away from volcanic ash. he wouldn't want to fly through it again. randi kaye, cnn, new york. >> i love how understated the british pilot was. we have a small problem. all of our engines have gone out. amazing they got through it. check out ac360.com to find the air travels delays. that's where you'll find a list of all countries effected. up next, the raw politics of prayer. a court decision on the national day of prayer. a judge says it's unconstitutional, and this year's observance could be one of the last ones. christopher hitchens and tony perkins join me ahead. also, one-on-one with dr. kevorkian, part two. he admits to helping more than 130 people die to help end their suffering. did you ever -- i mean, do you have nightmares about it? >> no, no. i don't think a doctor should have a nightmare about any medical procedure or else he's not a doctor. i'm at the doctor getting my shoulder looked at. as we're finishing up, i mention i'm going to the bathroom more often. he checks it out. good thing. turns out... my urinary symptoms -- such as going frequently, trouble going, flow starts and stops... and going often at night -- are due to bph, also called enlarged prostate. he says over time, avodart has been shown to shrink the prostate, improve urinary symptoms, and reduce the risk of prostate surgery. only your health care provider can tell if your symptoms... are from bph and not a more serious condition... like prostate cancer. do not donate blood until 6 months after stopping avodart. tell your doctor if you have liver disease. rarely sexual side effects, swelling or tenderness... of the breasts can occur. avodart is for men only. women should not take or handle avodart... due to risk of a specific birth defect. today's the day to talk to your doctor... about your urinary symptoms and find out... if avodart is right for you. tonight in "raw politics," a federal judge in wisconsin has ruled the annual national day of prayer is unconstitutional. the judge said the observance which began more than half a century ago violates a law respecting an establishment of religion. judge barbara crabbs says it goes beyond mere acknowledgment because its sole purpose is to engage all citizens in prayer and religious exercise that sefshgz no secular function. and the white house still plans to recognize the day of prayer on may 6th, but if the judge's ruling stands, it could be the last one. joining me, "vanity fair" editor christopher hitchens, author, and tony perkins, president of the family research council. the obama administration wants the day of prayer upheld. the justice department is looking for options of appeal. tony perkins is calling for the judge's impeachment. why should this be unconstitutional? it's optional. no one is forced to pray. >> no. that's why the government shouldn't have a word to say about it. that's why it can't be a national day of prayer that has any government sponsorship. it's as plain as anything could be. the first amendment is written with admirable clarity. congress shall make no law. respecting any establishment of religion. i look out my window and i see i don't know how many churches. everyone can go to them all the time. if you're a muslim, you're supposed to pray five times a day. just don't bother me with it and don't ask for the government to endorse it, okay? >> tony, the federal judge in wisconsin says, and i quote, i understand many may disagree with that conclusion and some may view it with as a criticism of prayer or those who pray. that is unfortunate. a determination that the message itself is harmful, unimportant or undeserving of dissemination. why are you calling for impeachment? >> well, first off, there's two problems here. one, i think this is a case of judicial activism, but also a case of judicial arrogance and ignorance. i mean, first off, this is a district court. district courts are not to set judicial precedent. they're to yield to appellate court precedent or to the supreme