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As many homes as possible." cit group which runs one west now did not return requests for comments. i want to bring in a man who truly understands the industry as well as donald trump's picks. anthony scarimucci, you're fresh off the slopes of switzerland. >> yes. my heart goes out to those people. it's steve mnuchin is a very compassionate person. what's left out of that narrative is he saved a lot of jobs out of one west when he went in there and he did save 100,000 homes. last piece left out of the narrative, because of the way that the regulations are, even if you're trying to save

4 out every 10 in the country, more than twice what a lender of its size should have produced according to john taylor, ceo of a consumer rights group focusing on big banks. >> they were going to foreclose on as many peel as they could because that was the business model. they'd make a fortune. >> mnuchin sold one west to cit group for more than twice what he paid for it. he became vice chairman of cit chin hearted the foreclosure mess. dozens of lawsuits and a federal investigation would follow. >> this is james garner for financial freedom. >> reporter: the pitch was simple -- older people s...

Leadership, 16,000 reversed mortgage foreclosures were carried out by one west and its subsidia subsidiary, fipgs freedom. 4 out every 10 in the country, more than twice what a lender of its size should have produced according to john taylor, ceo of a consumer rights group focusing on big banks. >> they were going to foreclose on as many peel as they could because that was the business model. they'd make a fortune. >> mnuchin sold one west to cit group for more than twice what he paid for it. he became vice chairman of cit chin hearted the foreclosure mess. dozens of lawsuits and a federal inv...

Jon: happening now, in the top box senate democrats are looking to push through a jobs bill this week. the bill would extend unemployment benefits for people whose payments have already run out. in the middle box, new threats from north korea that, rogue nation now warning the south any attempts to bring it down would draw strong measures from its military. the tough talk comes ahead of new rounds of diplomacy. in the bottom box a new job for former merrill lynch ceo john thain. he has been tapped to head cit group. you might remember thain brokered the merrill sale to bank of america at the...

Bare tightening plan. bernanke will lay out a plan for credit tightening. another big headline, former merrill lynch chief john thain picked to lead cit. it brings together two prominent casualties of the credit crisis. >> "the washington post" after the massive snowstorm, they are ready to get hit again tomorrow. >> the snow at their home was up to their waist. >> your mom has an art exhibit here. what are they 82? >> 82 and 80. and they drove up. >> once you have to drive through nazi check posts to escape the country, it's nothing getting through jersey.