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What are we, 18 months after the big collapse of lehman brothers? >> yep. >> the whole world was teetering on the edge. we are still talking about what the regulatory landscape will look like to make sure it doesn't happen again. >> and still arguing about whether we need more or less of it. it is interesting how when you get away from it seems to lose some urgency. >> with financial reform so many solutions have been proposed and argued over but our next guest says in order to rebuild our economy we need new rules. she proposes the creation of a stand-alone consumer focused agency. >> elizabe...

Doesn't happen again. >> and we're still arguing whether we need more or less, it's interesting how you get away from it seems to lose urgency? that's right, when it comes to financial reform, there are so many solutions proposed and argued over. but our next guest says in order to have a new economy we need to create new rules. >> elizabeth warren oversees t.a.r.p. and she's a professor at harvard law. tell us how you see the reform package that is working its way through congress. we've got one passed by the house and then we've got something working through the senate. is it going to help a...

About looking at capitalism, seeing the inequities invariably that come from capitalism, and, saying, we are going to stop that. we're going to limit how much people can make, and we're going to shrink these institutions and shrink their ability to trade and do all kinds of things that shrink their ability to expand and ultimately it would mean they couldn't create jobs and not that they couldn't make money and make bonuses but they couldn't create jobs and finance the economic growth the country needs and it is not only a war but a wrong headed war. >> patti ann: you acknowledge reform is nee...

Decision. they could deliberate longer in the case of former tennessee student david kernel or go ahead on the charges of wire fraud, unauthorized access to computer, and obstruction of justice. they went behind closed doors again. we'll keep you posted on this developing story. less than an hour from now, 10,000 members of the afl-cio will be marching on wall street. they are angry over excess greed that led to the loss of more than 10 million jobs. they want to be compensated for those jobs after years of pushing for more regulation of the big banks. this is as the senate is moving forward...

A mugging, a wounded samaritan, and then one person after another sees the man on the sidewalk. one even takes a picture, but none of them, not a single soul calls for help until it's far too late. "crime & punishment" tonight. and later, up close, what happens if one of those tiny lights in the sky really is e.t. and what if e.t. isn't cuddly. what if he's hungry? or ticked off. one of the smartest men on the earth says if aliens really are out there, we might want to hope that they stay way. first up, wall street bankers keeping them honest and accountable. a big day coming up tomorrow a...