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treatments. a doctor got to choose the winner. good medicine or playing god? "newsroom" starts right now. good morning to you. happy friday. i'm carol costello. we begin this hour with two stories sharing a common theme. the inescapable and unrelenting force of nature. well the left, the wildfire gnawing at the edges of colorado springs. today, growing deadlier and bigger. on the right, a record-setting heat wave that will have millions of americans sweltering today. intense heat will blanket most of the country. look at all those 90s and 100s. that's drawing dire health warnings...

the party in south beach. guaranteed it is still going on this morning. >> he said it's the best day of his life. >> i wouldn't doubt it. hi, everybody, nice to have you with us this morning. welcome to "early start." >> it's 5:00 a.m. in the east, good morning, everybody. >> it may be a good morning, it may not be such a good morning, depending how you look at things. the markets are down worldwide this morning after the ratings agency moody's downgraded 15 of the world's largest banks and guess who happens to be sitting in this morning. the woman who knows everything there is to kn...

there at their convention how he would measure progress. he literally used these words, he said we measure progress differently than republicans, presumably, but it was the fact that he said we measure progress and then he described how it was he and his party measured progress, and i think it's interesting given the fact that he laid out what his report card would be to go back and score him on the very report card he laid out. he said, for instance, that we, the democrats measure progress by whether people have good jobs that can pay for mortgages. okay. we're three and a half year...

Custody. what do you make of this tonight, from what we know of it, as it continues to mount? >> what i make of it, ed, is that there is no honor among criminals. and when you have people that are looking at serious time, you have sandusky, ed, looking at 400 years potentially. ed, so anything is likely to happen in this story. and i think that's the thing that's most troublesome to me about a naive judge and a prosecutor who had to absolutely lay down and allow this man to be free. look, this concept that he's out walking around is so absurd because the very thing you're talking about here. t...

Fund chief yesterday as a condition of his release and the judge orders strauss-kahn placed under 24 surveillance and all day reporters have been swarming at an apartment complex after reports suggested his wife recently rented an apartment there. people living near say they are used to the media circuits because madoff used to live just up the street. and now, from the fox business network our reporter is here. what issues are holding up the release. >>reporter: the issue of where he will live because the people in the building objected he would come there so there is hearing underway in manh...