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Made bad bets on interest rates while running the harvard endowment that eventually cost the school nearly $1 billion. it was also as harvard president that summers hypothesized that the lack of women in the science and engineering field could be acontributed to "issues of intrinsic aptitude." >> that the president of this great university should say that in his opinion, an explanation for why there is a lack of women at the top of any profession is aptitude differences between men and women, i was quite shocked. >> reporter: from there, summers went to work under president obama, where as a m...

millionaires to pay for it. republicans say they could live with extending the current rate, but only if spending cuts offset it. last night in the senate both parties' plans were voted down so there is work to be done before the end of the year. in california, powerful winds are still in the forecast for parts of southern california. nothing like the winds that did this though. did you see this damage? gusts topping 140 miles an hour were measure in the mountains outside los angeles at 140 miles an hour. that equals a category 4 hurricane. also you can imagine power lines were jus...

bank, their equivalent of ben bernanke gave a speech had morning and they said their economic growth is slowing, and traders took it as a note to say things are more serious than we thought. you combine that with the fact that the japanese central bank intervened to prop the yen up, and there's a fear that everybody is doing badly and nobody is there to pick up the slack. basically is that what is happening. money is coming out of the stocks. when you see that happening, it comes out of commodities or gold. people are taking their money out of the stock market and gold, and oil, and ...

not the person that i met and married. >> denise richards. her life, her loves. >> oh, i had many loves. >> and of course her charlie. >> i'm way too old for him now. >> this is "piers morgan tonight." good evening. anybody watching the debt vote in the house monday night had to have been extraordinarily moved by that remarkable emotional moment when congresswoman gabrielle giffords walked out on the floor to cast her first vote since an assassination attempt nearly killed her back in january. joining me now is a man who's had his own brush with death, abc news's bob woodruff. he's...

>> and now it's time to talk about jobs. >> all right. let talk about jobs. here's one, neil bowlen's job with the faa new on furlough. >> i have a hard time understanding their partisan bickering and rhetoric. we're reaching into our investments, savings, signed up for unemployment, and that's barely going to make the electric bill, much less the water and mortgage, so, yeah, we're incredibly disappointed. >> he says congress could have prevented his ordeal with just a day's work. here's why they failed to. it's a little complex but worth knowing. since 2007 the faa has been running...