tv 8 News Now Good Day CBS November 1, 2016 4:30am-5:00am PDT
prep academy is leaving parents fuming. ((kirsten joyce)) >> plus...a high schooler is being investigated for possibly plotting a mass shooting a school right here in las vegas. ((brian loftus)) >> and... the temps are getting cooler in the valley this morning. but it could heat back up for the weekend. ((kirsten joyce)) 8 news now good day, the valley's news leader, starts right now./// ((now, live...this is 8 news now good day.)) ((kirsten joyce)) 8 news now good day, the valley's news leader. i'm kirsten joyce. ((brian loftus)) >> i'm brian loftus. andre agassi prep academy could get a new owner which is leaving parents unhappy about the change.. in a letter sent to parents... teachers say the new partner could lead to longer school days and silent lunch periods. currently there's a petition is currently circulating to prevent any partnership of agassi with democracy prep.
a practice called "no excuses". the petition calls the model hostile and prejudicial, adding that students would have silent lunch periods and silent hallways. ((jeff barlow, parent: >> "it's kind of surprising to me that they would even consider something like this that would actually be kind of detrimuntral to a lot of the families" )) ((brian loftus)) >> the school hasn't commented about the situation the governing board will meet wednesday at 5:30 in the cafetaria, where they are expected to vote on the matter./// ((kirsten joyce)) arrested for reportedly plotting a school shooting... is coming to his defense. ccsd police says about a week ago a mother from arizona overheard her child speaking to the suspect via skype... about planning a shooting at desert oasis high . he was arrested on campus last thursday. while searching the student's home metro did find evidence... but they didn't specify what was found. it's also unclear if the teen had access to weapons.
allegations. (( tiffany bach/ studen'ts sister: >> that he's a good kid and that he does not deserve to be in there and that i-- he needs to get out he doesn't not belong in there he's wrongly accused )) ((kirsten joyce)) the student faces a terroristic threat charge. ccsd police say more charges are possible./// sherry how's the
((kirsten joyce)) we're waiting to hear the charges for the man accused of shooting and killing a woman at the south side of the valley. 39-year-old jevon hudson faces one count of murder. he's accused in the murder of a young woman in her early twenties who was found on a sidewalk r shot in the head -- last week. investigators believe hudson was dating the victim. this is the 144th homicide in metro's jurisdiction./// ((kirsten joyce)) the big banks of wall street... are widely known for their part in causing the housing crash. ((brian loftus)) >> but are they doing a better job at preventing something like that from happening again? the i-team's george knapp finds out banks are still behaving badly... up next./// ((you're watching the valley's news leader...
george knapp of the i-team looks at banks behaving badly. (( )) for 30 straight years, rivers of money flowed in las vegas, fueled by bat-out-of-hell growth rates that created the mother of all housing bubbles. nevada was tailor-made for the frankenstein-like financial products invented by wall street banks. sub-prime loans meant more people could buy houses, and that meant more money for so-called banksters. heather murren: people should have gone to pris. street analyst heather murren spent 18 months working on the commission which investigated the financial meltdown. banks were allowed to create the risky instruments that were used to defraud millions of homeowners and investors. the commission uncovered direct evidence of crimes. heather murren: we handed folders over to the department of justice that said these things we believe that people did were illegal...but no one has actually gone to jail.
but did it anyway. in nevada, as elsewhere, they created robosigning factories...like a fast food line for made-up mortgage documents. homeowners eventually discovered that they didn't own their homes after all...including this reporter. gknapp: you told me my mortage was bad. tisha black: that's amazing. attorney tisha black helped write regulatio nevada authorities tried to go after the banks on criminal charges, but states had to back off when federal authorities brokered a settlement. wall street agreed to billions in fines, but none of the big bankers were personally prosecuted. and for wall street, that is the moral of the story. tisha black: it's the morality. there is no morality. they don't answer to anybody, really. they might get hauled in front of congress for an embarrassing three hour session and they're done. a lot of people would deal with that for
the meltdown, some bank presidents were given fat raises. altogether, big banks have paid $200 billion in fines since the financial collapse, for fraud, for money laundering, for other criminal schemes, but the fines are often paid by banks insurance companies, and they're tax deductible, a cost of doing business. wells fargo, the largest bank in nevada, was creating millions of unauthorized credit card accounts. bank executives know the benefits outweigh the risks. tisha: it's the carrot and the stick. the carrot is huge and the stick is small. heather: we haven't changed the culture of the banks and i think what we're seeeing with wells fargo is very symptomatic of the fact that if nobody gets in trouble for anything at a high level, then ultimately people's behaviors don;t change. murren thinks new regulations will make it harder for wall
there are shadow banking systems in play that are not being scrutinized. if we can't put bankers in prison, the public can at least send a message. illinois and california decided to cut off wells fargo from doing business with their states. nevada's treasurer announced that no such action would be taken here. murren: i was surprised. i think that treasurers have an obligation to all of their constituents and granted that wells fargo is the largest bank in nevada but nonetheless, they behaved poorly should be making sure we're protecting the people that have accounts there, whether they're teachers or veterans or folks that don't have a lot of money. george knapp 8 news now. ((brian loftus)) >> our series about the foreclosure crisis continues today. vanessa murphy looks at what happened to tens of millions of dollars that went into programs to help nevada homeowners. ((kirsten joyce)) >> on our website, you can see the original project... 'desert underwater" which first aired 5 years ago and was honored with a peabody award./// you're watching 8 news
of the shenanigans danny tarkanian's pulled in nevada -- helping set up fake charities used to scam nevada seniors, failing to pay thousands in property taxes, losing $17 million in a failed development scheme, then sticking taxpayers with the bill -- imagine the shenanigans tarkanian would pull in washington.
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cost the industry millions to make sure those new coins will fit inside the machine./// ((brian loftus)) this morning the streets of las vegas will soon be filled with tricked out cars for the sema show. this year the auto show is expecting more than 140-thousand people in an around the convention center. sema has gotten so big, that it covers 3-million square feet of space at the convention center. featuring hundreds of automotive vendors showing off their latest products. ((peter ma >> "we've got so much technology being unvieled here in the new product showcase, there's over a thousand products that have never been seen before that will be unvieled this week." )) ((brian loftus)) >> the show begins today at the convention center. and for the first time, there will be an event on friday that is open to the public. it's in the gold lot across from the convention center, for 20 dollars anyone can get in and get a look at the vehicles that took part in the parade. we'll also be live to take a look at the new cars by the end
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open enrollment starts today for nevada. we'll give you some tips on picking a health insurance plan. ((kirsten joyce)) >> plus -- agassi prep academy could undergo some big changes. the frustration some parents are feeling over the potential new partnership. ((brian loftus)) >> and, grab the jacket before you head out the door. sherry explains the cooler temperatures we're seeing for the start of november. ((kirsten joyce)) >> 8 news now good day, the valley's news leader, start ((now, live...this is 8 news now good day.)) brian loftus >> thanks for joining us, i'm >> thanks for joining us, i'm brian loftus. kirsten joyce >> and i'm kirsten joyce. open enrollment for the silver state health insurance exchange starts today brian loftus 8 news now reporter michael stevens is in studio this morning with how to get signed up. good morning, michael? ((michael stevens))