Coming up, two guys who are facing off each other in the ring when it comes to puerto rico. Jim millsteen, renowned restructuring attorney, advising puerto rico. Well talk to him about puerto rico. He was at treasury during the financial crisis. Knows a lot about that is go on with the European Banking system. Well discuss that with him as well. And ambac could lose a lot of money if jim millsteen gets his way. Well talk about that coming up. What is happening in puerto rico, guys, emblematic of what is happening in the world. Too much debt that people, governments, companies, cant pay back. Tyler, back to you. Thank you very much. Enjoy the warm weather down there. About 22 up here in englewood cliffs. Janet yellen getting grilled on capitol hill. The verb we always use when somebody goes up on capitol hill it seems, saying negative rates are not off the table. Lots of red numbers right now. Lets look at the dow, which is off by 322 points, not the lows of the day, but nevertheless, b
Reporter chuck, ramsey in his eighth year as Police Commissioner announced he will be stepping down in early january. He tells us this decision was entirely personal, not political, related to the upcoming election for the mayor this coming november. He was flanked by the mayor and a number of other city officials who credited him with the historic drop in the citys crime rate over the past eight years. Now, ramsey has worked in Law Enforcement for 47 years with stops in chicago and washington. During his tenure here in philadelphia. Officials say the homicide rate dropped by more than 30 . Ramsey was also a key figure in getting the department of justice to issue reforms on the citys police department. But his time here was not without heart break. Eight Police Officers were killed in the line of duty, and today the commissioner had a message for their families. Thank the families of the officers that weve lost in the line of duty since ive been here. Eight families. Eight families. T
What they call a limited mission. They say. Will stay the same. Were seeing more today from the arrest of a Pleasant Hill man accused of going on a shooting spree. The defense says he was intoxicated at the time. Police, say otherwise. 24 01show me your hands, show me your hands. 24 04 police say 33year old pete polson went on a shooting spree last november. Officers caught up to polson a short time later. And found gunshot residue on his clothing. Along with a gun and shell casings in his car. The defense claims he was too intoxicated to know what he was doing. But officers have their doubts. 34 39how would you describe him . The best i can describe was indifferent, just normal was just another day. Was there anything about his demeanor that indicated to you he was under the influence of any substance . No. Two people were wounded. And a third just narrowly avoided i instantly knew it was a gunshot, i turned, i hit the ground, i knew i needed to get in front of the truck, because he h
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