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Similarities his location was with the fires that occurred. >> reporter: now police have reportedly given this person of interest a nickname, meat loaf segal because he appears to be a singer meat loaf and actress sieve stren segal. jenna: first time i heard that. that will stick. tell us about the fireses have there been any casual at thises or injuries because of the fires that have been set? >> reporter: unbelievely no. many fires were set in cars or under the engine block and again no fatalities or injuries. police decline to say what evidence has tied these cases together, nor have they p...

Up and then looking at what similarities his location was with the fires that occurred. >> reporter: now police have reportedly given this person of interest a nickname, meat loaf segal because he appears to be a singer meat loaf and actress sieve stren segal. jenna: first time i heard that. that will stick. tell us about the fireses have there been any casual at thises or injuries because of the fires that have been set? >> reporter: unbelievely no. many fires were set in cars or under the engine block and again no fatalities or injuries. police decline to say what evidence has tied these cas...

"inspire" magazine. that is the al qaeda magazine, an online magazine, which tells interested people how to do these kind of things. we are told by the source that the man had acquired all material and was even going so far as to drill holes in a pipe bomb. he was going to use homemade ingredients in order to detonate this device and the device, had he put it together correctly, would, in fact, have worked. we're being told that he planned to target service men, men -- service men and women returning from iraq. he also intended on targeting police stations or post offices, and again,...

life and why time may be running out. i'm wolf blitzer. you're in "the situation room." the sinking feel is back on wall street. the breaking news this hour. all major stack indices with the dow down 500 points. once again, we saw dramatic fluctuations over the course of the trading day. one analyst says, and i'm quoting, fear and greed are driving this frantic cycle of buying and selling and that's costing investors trillions of dollars on paper. joining us now, richard quest. what is going on in europe right now that could drive down wall street so quickly, so dramatically. tt ma...

up support for today, and essentially it would raise the debt ceiling and also save some $917 billion in spending over the course of the next decade, so we're keeping an eye on that as always, but first let's get to that developing story for you out of texas. an awol muslim-american soldier has been arrested near ft. hood with what the fbi is saying is a large amount of bomb-making materials. private first class naser abdo is now in custody after a sales clerk at a gun shop alerted police about this suspicious purchase. fbi agents then went on to abdo's hotel room where they found th...