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Witnessing for yourself what can happen, any lesson that you want to pass on? >> yeah. all great points, neil. whence is listen to this, i didn't fully understand it. i do now. i think about in 2008 when all the -- the banks went from -- to $2,550,000 for insurance. when you have trust for an institution to take care of something that is lightfully yours, and when they change the rules on you, there's inherent unfairness about that. and you mentioned charles keating. i think the banks he bought into operated in arizona, and ironically he was from cincinnati, ohio. this is michigan that started...

dealing with. >> this mystery illness causes a respiratory attack that kills children. federal agents busted a massive drug operation in tempe, arizona. they took in three tons of marijuana, 30 pounds of meth amphetamine and $2.4 million in cash. 20 people were arrested. libyan people voting freely and openly. it is the first real live democratic exercise in libya since the fall of gadhafi. near live 3 million waited in long lines to vote in polling stations across the station. we heard of a knew disruptions, but overall, observers say people were able to vote in peace. in sout...

what may have caused this shocking end to a life seemingly spinning out of control? and great white shark spottings heightened. fears along the cape cod area. our own brian todd is on a boat with experts trying to track them down. i'm wolf blitzer, you're in "the situation room." right now a disappointing jobs report kicks off day two of president obama's bus tour into overdrive and arms his opponent, mitt romney, with new political ammunition to use against him. look at this. unemployment is stuck at 8.2%. and only 80,000 jobs added in june. the numbers are even worse when you l...

countrywide's ceo, oversaw the program giving a lot of people on capitol hill this preferential treatment. it was called -- the whole program was called, if you can believe it, the friends of angelo program. now, the report today names a string of lawmakers and regulators from both parties, democrats and republicans, who benefited from this vip treatment. senate budget committee chairman, for instance, democrat kent conrad. former democratic senator chris dodd. republican house armed services committee chairman buck mckeon. all three deny any wrongdoing. the former ceo of fannie mae,...