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and an exclusive investigation into the risks of off-shore drilling. we went outfront to the arctic. shell has a plan to prevent the disaster like the one that happened to bp and the deepwater horizon. does it add up? let's go "outfront." "outfront" tonight, ben bernanke says no to the addicts. addicts that are desperate for another hit of the fed's drugs. today in hearings on capitol hill, america's top banker, the chief of the federal reserve, got more negative on the state of the u.s. economy. >> given that grth is projected to be not much above the rate needed to absorb new ent...

does it add up? let's go "outfront." ♪ "outfront" tonight, ben bernanke says no to the addicts. addicts that are desperate for another hit of the fed's drugs. today in hearings on capitol hill, america's top banker, the chief of the federal reserve, got more negative on the state of the u.s. economy. >> given that growth is projected to be not much above the rate needed to absorb new entrance into the labor force, the reduction in the unemployment rate seems likely to be frustratingly slow. >> so what's the solution? well, in note after note from wall street economists and trader...

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...

To to fee but how worried should investors be here at home moving forward? >> thomas, it's interesting. the u.s. is holding up relatively well come paired with the rest of the world even than china. europe as you said dodged a bullet. the least worst results in the election. they run out of cash roughly in july. spain is an epicenter with borrowing rates above 7%. the real issue is can the europeans as a continent carve out a deal in which they become more tightly knit, not just in monetary terms but political and fiscal terms? that is the big question and the only solution that drives them to...

Actually have a party that wins that's antiausterity and it is up to the rest of the members of the zone particularly the european central bank, the germans decide if they're going to stay. if they were to leave, the other nations are much more kind of secure even though they have high borrowing rates. they're not as crazily high as greece is. so it's not a fait accompli that the thing would unravel. >> when we talk about greece being front and center with a lot of people, spain and a lot of people there, their borrowing rates just went up. it is not illogical to think there would be that majo...