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Something called the libor at which customers from homeowners up to corporations closing big merger deals, borrow. bad enough the banger guys supposedly plotted all of this but what does that say regulators who missed this? was dodd-frank a bad rap? charles gasparino says geithner has explaining to do. >>guest: i never knew you could manipulate libor but apparently the banks girlfriend the borrowing rates, the average borrowing rate is libor and during the financial crisis and the run up to the financial crisis do that, all the banks wanted to disguise the borrow rates because when they are pu...

boxing superstar manny pacquiao loose to timothy bradley but no one of the three judges seems to know why. >> i have never been ashamed much to be associated with the sport of boxing as i am tonight. these people don't know how to score. >> sports fans screaming for justice. is there any truth to accusations of game tampering? and gaffes aplenty. obama, ramny, we're asking this morning what tees the shelf life of a gaffe? newsroom begins right now. good morning to you. i'm carol costello. good morning. a key member of possible's economic team is facing felony hit and run-charges th...

>> with arrested for violence and battery. his daughter told police he punched her, choked her and threw her to the ground and today, he stood in his pulpit and said anyone who says he abused his taur is lying. >> the truth is she was not choked, she was not punched, there were not any scratches on her neck, but the only thing on her neck was a prior skin abrasion from eczema. anything else is exaggeration. >> something happened that police felt was enough to arrest him. here is a question. he says somebody is lying. so who? >> somebody is trying to discredit him so who? are we watch...

>> here we go. here we go. i'm going to move on to some other skinny news this morning. bobby brown is speaking out for the first time since the death of whitney houston, gave an interview to nbc. of course, the popular theory he's the one that brought whitney houston down, introduced her to drugs. he's denying that. he said, i didn't get high on narcotics before i met whitney. i smoke weed. i drank the beer, but, no, i wasn't the one that got whitney on drugs at all. he said drugs were part of the singer's life way before they got together and, of course, got married back in '93, divorced i...

>> dan simon, living the collective dream in san francisco. cnn newsroom continues right now. >> hello, everyone, president obama is just about to land in columbus, ohio, to campaign for the jobs bill that republican leaders of congress are openly rejecting. barely 24 hours ago the president showed off his american jobs act and demanded congress pass it with, and i quote, no games, no politics, no delays. but then came the details of how the $447 billion package would be paid for. two words. tax hikes. and you could hear the opposition digging in. the biggest hike by far would be a c...