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Elected, a number of people who said the stock market is going to crash the minute is he sworn. in you go back and you pick these people up. i have a standard rule. if i look at the sunday morning shows and all of the wonderful elite washington figures have agreeed that the sky is going to be blue. my assumption immediately is it's not because they are wrong so often. let's take a case of the current. there

Elected, a number of people who said the stock market is going to crash the minute is he sworn. in you go back and you pick these people up. i have a standard rule. if i look at the sunday morning shows and all of the wonderful elite washington figures have agreeed that the sky is going to be blue. my assumption immediately is it's not because they are wrong so often. let's take a case of the current. there

A major court ruling is sparking debate that protects teachers from being fired. a state judge struck down tenure and teacher unions are vowing appeal. will car is with us. will theys this have a ripple effect? >> think about how many people have had a tenure teacher. this lawsuit was brought by nine students who claim this violates constitutional rights and a superior judge agreeed saying quote they take away from the

Decade-long scheme that wiped out people's savings. defunded school endowment and wrecked charities. one investor who lost $1 million said if he had his way he would have stoned bernie madoff to death. peter madoff, the brother, long denied having anything to do with the fraud, even though he served as the chief compliance officer. at the bogus hedge fund. today peter agreed to serve ten years in prison for falsifying records and agreeed to give up his assets. we are live with news from new york city. jonathan, what did he actually admit doingto doing? >> he admitted in the role of the chief c...

Around it, can stand up to all of that pressure. listen. >> i have to stress, we have to manage our expectation. >> that's doug suttles. they are literally shaking the earth and measuring the sound waves that bounce back checking for cracks in and around the well hole. this picture could change. if they don't leave the well completely shut in, they could hook up a pair of tankers. if they can't siphon off enough of it, they could end up venting some of it into the water again. remember, there's now 87 days worth of oil still in the water and all over the gulf coast, which is why james carville...