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the sickening scene of violence and looting. and one party is paying a bigger price over the showdown over the regular debt. stand by on whether members deserve to even be re-elected. i'm wolf blitzer, you're in "the situation room." wall street following big gains after some of its biggest losses of the year. the s&p and nasdaq also rebounded. the dow on a roller coaster all day after the federal reserve's afternoon announcement about interest rates and future economic conditions. lit's bring in poppy harlow. it was wild. >> swings of 600 points. some of them hundreds of points wi...

By 2007 he was the longest serving republican senator in alaskan history. its very much junior secretary noted it on the side floor. >> as we move forward to advance the interests of the state of alaska. i know that i have you to work with together for years to come. >> ironically stevening' career began to unravel just one year later. a federal grand jury accused him of concealing gists, mostly the renovations to a chalet he owned outside of anchorage. he hoped ffr a quick trial before the 2008 election. he got the quick trial but it ended with a conviction. stevens continued his re-electione...