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Detailed text transcripts for TV channel - FOXNEWS - 20120514:11:48:00

Problems with people attempting to qualify for the program that aren t really eligible fraudulently filling out the application. we have we ve had school officials who have taken kickbacks and bribes, so you ve got at every level of this program some sort of problem. money comes from the federal government but the schools execute the school lunch program so they outsource it. do you have a problem with that process? not really. you have outsourcing at almost every level of federal contracting. you re not going on have the federal government do everything from grow the food to transport it to schools to put it on the plate. this is sort of outsourcing that s natural. but it should remind us when we think the federal government does a better job than private sector, there are problems of fraud, waste and abuse in the federal government just as bad if not worst than what we get in the private sector. this attorney general in new york has fired off 10 different subpoenas stretching ....

School Officials , Aren T , School Lunch Program ,

Detailed text transcripts for TV channel - MSNBC - 20120512:18:16:00

I m going to have to give old pickering a call and tell him you know what, you re fun to play with. pickering has spotted villucci and our cameras and pulls over at a gas station, refusing to drive off. so villucci approaches the vehicle. just wondering what you have been up to, man. i ve been hustling like everybody else. who do you have with you? a friend of mine. pickering denies being a bad contractor and tells us all of his customers have been happy with his work. i ve never taken money from nobody in fact, when i do a job, legit job, when i do contracting, i never took no down you re allowed to take a down payment. i did the whole job. they trusted me. i ve never been burned ever getting paid because i do the job and make sure they re happy. that s when i collect. if they re not happy, they tell me why. i ve got to fix it to collect, you know. pickering s victims are outraged by his claims. i mean, i know $5,000 is not a lot of money, but to me it s a very ....

Investigator Villucci , Gas Station , Old Pickering , The Contractor , Everybody Else , Down Payment , Above And Beyond ,

Detailed text transcripts for TV channel - MSNBC - 20120512:18:11:00

Want consumers to know that hiring contractors who display license numbers on their trucks or ads doesn t guarantee smooth sailing. this gentleman believed you were a licensed contractor. that s a felony. the numbers may be expired, borrowed, or simply fake. pickering is a bad contractor. retired marine bob morgan says for some contracting is a business without honor. he s an insult to the very expression of the word contractor. sacramento retirees bob and elena morgan say nine years ago they hired roy pickering of above-all heating. my life and my husband s life was in danger. it was a fire hazard. after improperly installing the unit pickering took off and the morgans lived without heat for an entire winter. and we all huddled in the family room next to the fireplace. we had no heating anywhere in ....

The Contractor , Doesn T , License Numbers , Smooth Sailing , Bob Morgan , Business Without Honor , Retired Marine , Troy Pickering , Fire Hazard , Retirees Bob , Unit Pickering , Family Room ,

Detailed text transcripts for TV channel - MSNBC - 20120511:14:34:00

Say did she have a responsibility to act outside of that or not. to get mays ex-wife charged with murder and mother with kidnapping charges. those were the photos we were looking at a moment ago. the good news is the girls were found okay and are out of the hospital. thank you. thank you. some other stories making news this morning, day three in the murder trial of jennifer hudson s former brother-in-law. belfour is accused of killing her mother, nephew, and brother. got a big breakthrough in the fight against hiv. fda advisory panel has endorsed the first drug shown to prevent hiv in healthy people. it s for people who have high risk of contracting the disease through sexual contact. final decision by mid-june. the provocative time ....

Ex Wife , Get Mays , Murder Trial , Jennifer Hudson , Brother In Law , Sexual Contact , Mid June ,

CNNW CNN Newsroom May 11, 2012

for the nuts and bolts on this fias fiasco, it s the impact on the markets and your own investments. alison kosik joins us now. just what was this massive trading bet all about? before it went south? reporter: fredricka, what jpmorgan essentially did was made a big game am. they made risky bets and lost. the bets they made were to protect against possible losses on jpmorgan s other investments, but clearly they backfired and the bets produced losses of their own. how did this come out? it came out in a surprise conference call that ceo jamie diamond called for lamon called. shares are down almost 8% right now. shares of others are getting hit hard right now. wall veit is worried about other banks wondering, you know what, if jpmorgan can do this and it s considered the stronger of the banks or the strongest of the banks, what kind of bets are the other banks making especially, once again, that aren t as strong as jpmorgan? fredricka? so the ceo, jamie dimon, had qui ....

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