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Continues to refuse, a judge should place her office in a receivership to issue new licenses. jenna: many volkswagen owners outraged after the automaker admitted installing software in diesel-powered cars that could fake emission tests. owners coming to grips with the realization that their cars could emit 10-40 times more emissions than they thought. the automaker setting aside more than $7 billion to deal with costs and other expenses in this scandal that is tarnishing its reputation, hurting its stock. but the question is, you know, could someone go to jail for this? joining us now, lis wie...

Because active investment management isn't reactive. it's active. that's the power of active management. jon: a quick look at what's still to come this hour of "happening now." volkswagen's stunning admission that the car company intentionally faked emission tests, we'll take a look at the potential legal fallout. plus, a jury finds it was

Very high end delegation, and a first fort the president to meet a head of state hike this at andrews. we will continue to watch the pope's journey. we are also watching a big story that has evolved today, and it might involve you. emission cheating scandal. with the world's biggest carmaker, and it is a lot worse than you might have heard yesterday or even this morning. volkswagen is saying that 11 million cars, 11 million of its cars could have been equipped with the sneaky software, and software allegedly used to cheat on the emission tests that you have to do, and the company's stock has...

Before we push it forward. but, we are trying to get it to our troops, in the best condition possible, before they realize they need it. that is our goal. >> reporter: senior defense officials say moving the right equipment to operate on the rugged terrain of afghanistan needs to be done quickly. >> this summer will be very critical for that effort and if we don't in just these next weeks and months, get ourselves in there and get set, we can't have success. >> reporter: but not everything will be leaving iraq, suvs used in the green zone officials say, would not pass emission tests in the u.s...

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