Page 6 - The Lock News Today : Breaking News, Live Updates & Top Stories | Vimarsana

20 million pounds. sold. >> that's more than $31 million for painter john constable the lock. we're told it's the most any of his work has brought at auction. >> this customer was one of the greatest master pieces been in private hands for over 200 years. >> the bare necessary who sold it says she needs the cash and that's a wrap on this fox trip around the world in 80 "around 0 seconds." is the united nations breaking the rules when it comes to iran? easing up on sanctions against that country. we'll take a look. saving lives is sort of what a lifeguard does. but apparently the job does have ...

To people and does it have the knocks on the economy from that kind of wealth drop? >> there are two things. you say it not liquid but a lot of folks took out home equity loans and did tap into sort of the rising paper value of their homes but more broadly it speaks something what we call the wealth effect that, even if you haven't realized the gains on your home or realized these increases in prices, that it makes you feel more wealthy and that can affect the way that you spend money, it can affect the way that maybe you go out to dinner more often, go shop at the mall more often. consumer sp...

If you sell a house, you need somewhere else to live, which is going to also cost you money. when we say we've lost 40% of our wealth, is that how it feels to people and does it have the knocks on the economy from that kind of wealth drop? >> there are two things. you say it not liquid but a lot of folks took out home equity loans and did tap into sort of the rising paper value of their homes but more broadly it speaks something what we call the wealth effect that, even if you haven't realized the gains on your home or realized these increases in prices, that it makes you feel more wealthy and...

>> mm, wow. somebody shut the floodgates! save the oysters! freshwater does not affect the taste, which keeps him motivated to get through what will be another tough year. >> you still have that flavor in your mouth of that oyster and you can taste it. and that's what keeps me going in this business is wa we just did. >> that's the tastiest lunch i've had in a while, i can tell you that. the river at 45 feet here, baton rouge and port allen, the lock has been closed for two days creating a shortcut between here and the gulf of mexico every day. every day that's closed to commercial shipping it...

good morning. welcome. it's thursday morning, may 19th. we have a lot of news this morning including some breaking news. let's begin with that breaking news. the resignation of dominique strauss-kahn as head of the international monetary fund. this move comes just before a bail hearing today in new york. we're seeing this mug shot for first time. the former imf chief is facing sexual assault charges for allegedly attacking a maid in his manhattan hotel room. he says he is not guilty. resigning from the imf so he can defend himself fully. >> here is part of a statement he released. ...