obviously never going to work despite their pleas of ignorance that the likes of lloyd blankfein and jamie diamond say that they couldn't have possibly known that their alchemy would not have turned into an explosion in this case this man cost three thousand pounds in damages to the apartment building as i said the whole point of the global derivatives market anything about the grid is market is a six hundred trillion dollar paper. faecal ball that circles the globe in worthless paper and that was derived from initially something of value a mortgage or a population as a whole the productive asset labor jobs stuff that has that has tended to work as all been turned into trillions and hundreds and trillions of dollars of worthless derivative and side matter that is circling the globe threatening the very existence of our of our of our lives right here. well speaking of fecal alchemy max city agrees to pay two hundred eighty five million dollars after defrauding investors in a one billion dollar derivatives deal banking giant never admitted any wrongdoing oh another major billion dollar fraud

i am jamie colby. back to forbes on fox. have a great day. >> ben bernanke warning congress this week. don't cut too much spending too fast or you will kill the recovery. explain? >> ben bernanke was right. the soviet union would exist and triple a rated country given all of the spending. job creators have faced a juggernaut of reform in three huge sector. finance, energy and health. i am not saying they shouldn't have been reformed but in a targeted and more limited way and extended way . not in one fell woop that terrified job creators and make them feel like they are stranded with what is coming out of the washington. strong dollar policy and tax cuts and cuts in regulation and nondefense spending and you will see the economy boom. >> bernanke is wrong, dennis. if we want more jobs we have to cut back and not expand it. >> we are making the mistake of 19thren. back then recovering from the recession well and then suddenly boom. gop falls nine percent. and stock market loses half of the value. why? a study showed that gove

jamie? an update from there? >> university medical center right now in the trauma department. and as you can imagine, there's a lot of emotion here. dan wheldon's wife susie, their two little boys, his three brothers and his sister were all

but why no condemnation for jamie diamond he's a suicide banker why but during tough economic times you see over and over during the housing crash what would happen people have insurance on their homes and they could either sell it at fifty percent mark down or they could burn it and collect one hundred percent so if the us economy is dead and it's not coming back and the only hope that j.p. morgan could have is like a few fees on food stamps cards well maybe it's better for them to just burn the whole thing down and collect the insurance. because a point well taken so the analogy to the housing market to be the arson. of collecting the insurance and burning down your house so jamie diamond has decided what you're saying here is that the j.p. morgan bank is worth more to him dead than alive and well apparently with a lot of revenue from their killing their own bank yeah and they don't care if they kill their employees or kill the country they don't care every mycenae of a few months ago we covered a story i think it was paul ryan or eric cantor was double short us treasuries that's righ

you see if you want to get a job at goldman sachs yes learn how to turn goal into fetal better bets jamie diamond and lloyd blankfein make their money not the other way we're making fecal matter into gold that's a losing proposition especially since the price of gold is so heavily manipulated all the downside but even this judge was able to recognize that it was a fool's alchemy dream that it wasn't ever going to work so why is it that our regulators the so-called judges and referees of capitalism and banking they can't see that it was obviously never going to work despite their pleas of ignorance that the likes of lloyd blankfein and jamie diamond say that they couldn't have possibly known that their alchemy would not have turned into an explosion in this case this man cost three thousand pounds in damages to the apartment building as i said the whole point of the global derivatives market anything about the gritters market is a six hundred trillion dollar paper. faecal ball but circles the globe in worthless paper and that was derived from initially something of value or more a gauge or

jamie, what's your take? the rhetoric still is very strong coming out of the white house. >> i think so far it is appropriate. holding accountable gives a broad range of possibilities from legal sanction to an economic sanction or worse. they're building the case around the world, because whatever happened with this individual case, they want to be sure that in responding to iran's broader challenge, the nuclear challenge, that the world will help us, the chinese and russians will help us. the europeans have done a lot. they've put on their own sangions beyond the security council. so if the evidence is as compelling as it appears to be, i think some countries like china, like russia, are going to have a hard time defending iran. >> seth, let me ask you, because the portrait we just heard from someone who has done business with -- he knew mansour as jack, was far from compelling. it was down right -- i don't know, that was not a portrait of somebody you would thought could go ahead with this complicated terro

of collecting the insurance and burning down your house so jamie diamond as a side what you're saying here is that the j.p. morgan bank is worth more to him dead than alive and well apparently it was a lot of revenue from their killing their own bank they don't care if they kill their employees or kill the country they don't care reminds me of a few months ago we covered a story i think it was paul ryan or eric cantor was double short us treasuries that's right that's right one of the politicians i think it was eric cantor who actually made a huge bet against u.s. treasuries and then actively was trying to pass laws that would hurt the american economy while he passed laws where he was voting against raising the debt ceiling so that would cause his portfolio of a double shore against america in the u.s. treasury market to rise that's a problem and everyone in congress is effectively a day trader they've made positions against their own country they're highly leveraged and insider trading for congressman by the way is legal people don't understand that but for a congressman you can tra

jamie o'keefe, jan ford. did i miss anybody? where is mike? i mentioned jamie. she has her whole family here today. as we enter the solemn moments, i like to call joanne hayes- white up to lead us through. >> thank you. you will hear more about the guardians of the city. it is a wonderful concept. welcome to station 10. this is our museum. it has beautiful pieces and parts of our city and history and department. as you can see, it has outgrown this place. the guardians of the city are working on a place where our departments' histories will all be housed together so that the public can come, visit, and do research. my hat is off to all of the volunteers putting this concept together. thank you for that. i would also like to acknowledge the presence of one of my predecessors, also a huge history buff who knows so much about the city and apartment,, the former chief of the department ed phipps and his wife. [applause] thank you so much for being here. while we are acknowledging people, i would like to pay my utmost respect to our sheriff who will be retiring sen.

jamie, abc 2news. >> all right. thank you. >>> police across maryland see cases of domestic violence every day and some many cases the victims don't realize they have been abused. now police are using a list of 20 questions developed right here in baltimore to help people determine if they are in danger. for a list of those questions head to abc 2news.com and go to the investigator's page. in maryland, 53 people were killed between 2008 and 2009 as a result of domestic abuse. >>> let's look at some of the top stories, community is in mourning tonight in pasadena where a 17-year-old died in a car crash. she lost control and crashed. the cause is still under investigation. >>> pat has died. she was the wife of art modell. she appeared on several shows including perry mason and maverick. >>> an water samples have been taken -- and excuse me -- six cases have been linked to the sim plaza hotel. people who stayed there last month are urged to visit their doctors. >>> a prison in oklahoma and still on lockdown after a rio

jamie ruben, nbc news military analyst. and retired four-star general barry mccaffrey. obviously, part of the problem for the u.s. and the white house is in the past reports of gadhafi's death have proved to be exaggerated, shall we say. aiman, obviously, you spent a lot of time in that region. what are we hearing about what happened in libya? >> we are getting reports from sources in sirte and in tripoli that moammar gadhafi has been killed. the details of how he was killed remain conflicting. there's reports there was a convoy trying to leave sirte. there are also reports he was captured first on the ground in some kind of underground tunnel and then killed at the hands of the rebels that did capture him. we have reports that his son, one of the leaders of the paramilitary forces in libya was also captured. he'll be able to shed light on the final days and hours and indeed what happened. >> jamie, indeed, what's the importance and the significance as we look at the larger context of the arab spring? >> it's a very big day. it's hard to imagine a bigger day in the cont

. >> reporter: his name is jamie campany, and he took us back to the scene of the crime. a now 'em by boiler room, where for years his team cheated some 1,400 people across the country out of almost $30 million. >> these are where all the telemarketers would have been. they would have been making the phone calls, probably 200 to 300 dials a day. >> reporter: now facing prison, came pabny has decided to come clean on "nightline" about what he did. the confessions of a gold scammer, guilty tears and all. >> these are people that didn't dese deserve who i brought into their lives. their families didn't deserve it. i'm ashamed. >> reporter: as depicted by hollywood, gold has been the ultimate symbol of status since the dawn of civilization. >> i love the field of gold. there's no other metal like it. >> reporter: and for today, gold rema remains the best investment. but it is the value of gold in a falling stock market that's driven so many americans to it. as the prices have skyrocketed, so have the scams. >> too many of the people receiving gold or gold kind of commodities

thank you very much, jamie. the very latest with the bachmann campaign. thank you. >>> mortgage rates are at the lowest and could potentially go lower. but that is not helping those that really need it. >>> how the white house is getting involved in mare waun y5. we asked total strangers to watch it for us. thank you so much, i appreciate it, i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money ? if your bank takes more money than a stranger, you need an ally. ally bank. no nonsense. just people sense. clorox disinfecting wipes and...a digital recorder. i'm finally feeling better. good honey, you turn into such a little whiner when you're sick. no i don't. [ bawk! ] honey, i'm sick. i can't reach the remote. that sounds nothing like me. [ beep ] honey, i'm sick. i can't reach the remote. that kind of does. [ male announcer ] get low prices every day on everything to prepare for cold and flu season. we're so confident in our low prices, we back 'em with our ad match guarantee. save money. live better. walmar

>> jamie. >> jimmy: jamie. very good. i love that name. very close to jimmy. [ laughter ] jaime, what are you dressing up as this halloween? >> oh. katy perry. >> jimmy: really? [ light laughter ] yeah, i mean, you thought about that. and then -- [ light laughter ] you're going to be katy perry? like, how? >> like, pink hair. >> jimmy: yeah. >> blue. >> jimmy: yeah, yeah, yeah. yeah, yeah, yeah, yeah. no. i think you're all right. let's see. what is the -- what is the best costume you've ever seen at a halloween party? anything come to mind? any funny ones? and good ones? >> i think the couples, like, as nachos and salsa or something that's hilarious. >> jimmy: that's good. couples. >> mac and cheese. i don't know. >> jimmy: a couple as mac and cheese or nachos and salsa. >> sure. >> jimmy: it's cute. all right, i like that. nachos and salsa. mac and cheese, i've never seen that. [ laughter ] that's pretty cool. i like this. all right, you guys. roots, we have jamie. our pal, she's dressing up as katy perry this halloween. she's going to g

. >> jamie was just your average teen, happy, full of life and he was gay. >> he was a sporer of the it gets better campaign where anyone from celebrities to everyday people to give home to the community that life really does get better. >> hold your head up and you will go far because that's all you have to do, just love yourself. >> but on september 19th, the constant bullying became too much and he took his own life. here in san jose, 25-year-old derrick whitman says even though he didn't come out as early he can only imagine how cruel people must have been. >> now that everything is on social networking it makes it for people be -- >> young people especially need to understand their words on line have major reprocushions. >> there's no balancing report. >> he think that is responsibility lies in the hands of adults. >> we all have to step up our game. you cannot expect a little boy or a little girl to be able to defend themselves against the global communication power house known as social media. >> in social media, people create an identity a profile they express their interest

but the torment was apparently too much for jamie rodemeier who took his own life. >> this is jamie from buffalo, new york. i'm just hear to tell you that it does get better. >> reporter: in may, jamie uploads this video to youtube as part of the it get better project. he speaks candidly of being taunted for his sexuality. in school and online. >> made me feel like i could never escape it. people would just constantly send me hate. telling me that gay people go to hell. >> reporter: drawing support from his friends and inspiration from pop star lady gaga, things did eventually get better for the buffalo teen. but recently his parents and friends say the torment hit him harder. last sunday he was found dead after an apparent suicide. he left no note. but that same day he wrote on his blog that he wanted to see two people who had recently died. his great grandma and his friend alex. jamie's father, tim, says his son hid his emotions. >> he fooled herb. he put on a brave face. i wish he wouldn't have. >> his death is not the first time a gay teen has killed himself after being bullied. a ye

>>supervisor cohen: robin brasmo, jamie bafella,, [inaudible] [inaudible] ]. this microphone a little bit to your left. >> my name is joan m. batistbat. i had 89 previews on yelp. the only one that has ever been reviewen removed is a positive i spoke on behalf of three women who prefer to remain anonymous. one is a young woman who found herself unexpectedly pregnant. she was frightened to tell her parents. i referred her to first resort. she went to first resort in received kind and compassionate care. she received medical insurance refer row. to receive the courage to speak with her family who welcomed her pregnancy. she is now a mother. the other two would then i met at a baby shower -- the other two women i met at a baby shower. they are mothers and very glad they have their children. i have experienced first resort to give full information to women and respect their choices if women do decide to abort, they are welcome to return to first resort for continuing care afterwards. >>> what is your connection to a first resort? >> i am not an employee or volunte

frank and jamie mccourt, owners of the l.a. dodgers, have come to a divorce settlement. sources say for ç$130 million, jamie relinquishes her claim to the dodgers, that then clears the way for frank to keep the team. all their time spent jockeying for control and cash, the divorce generated $20.6 million in legal fees. >>> it is a pretty nice day outside on this monday. get ready for cooler temperatures. meteorologist christina loren joins us with a look at your forecast. >> good morning. i should say early afternoon to you. temperatures are really comfortable. in the 70s across the board. we're going to end up in mid 70s in places across the state today. it's so clear out there in san jose right now. beautiful afternoon shaping up for us. temperatures today will be 5 to 10 degrees above their seasonal averages. as we head throughout the week, we have major changes on the way. satellite imagery shows you what's left of the marine layer. we head through the next 24 hours. that fog is really going to start to creep back in, settling in as we head in tomorrow. stop that c

jamie williams is a very different kind of director of athletics. but then the teams at his school are made up of a very different kind of athlete. they are all artists. now in their fourth year of competition, the academy of art university urban knights field over a dozen teams in a variety of sports. >> having spent my life in locker rooms and around athletic administrators, it was kind of a natural. now i was also -- i am also an artist. so, you know, as a writer/director. but when you are that person, you are also around illustrators and painters and designers and advertisers. we're all kind of -- we all have a kind of synthesis or symbiotic relationship with each other. so i knew the feel. >> and known for a variety of things throughout his career, dr. williams made his name as an nfl tight end with the 49ers and raiders, among other teams. he also played a large role in the creation of the film "any given sunday." he pursued graduate school while still playing in the nfl. after completing his doctorate, the opportunity to create a college spor

>> thank you, jamie. you can check out jamie on the newscast tonight at 10:30. >>> we're talking about a lockout. he apparently is going to try to finish his degree in sociology. he had an off-season ankle surgery but says even if his ankle was 100%. if a labor deal is toe his less than a year away from getting a degree. is [ female announcer ] starbucks via® is planted the same... ♪ ...harvested the same... ♪ ...and roasted the same as our other premium coffees. ♪ it only makes sense it would taste the same. so, try it for yourself. buy a pack of 100% natural starbucks via® ready brew. we promise you'll love it or we'll send you a bag of starbucks coffee. it's the starbucks via® taste promise. look for it at starbucks stores and where you buy groceries. >>> coming up tonight at 11:00, busted, where he could arecked g to you. why curbside cars for sale may be a danger to your wallet and for your safety, too. that's tonight on nbc bay area news after a law and order svu. >>> they rolled out their

keep it here on fox, i'm jamie colby. >> the job market still struggling. the president's plan so-called green jobs, still reeling. first, bombshell that the head of the u.s. department of energy's loan program which doles out that disastrous solyndra loan is stepping down. a 500 million dollar green job training program only helped 800 jokes get a job not the 80,000. and wants money turned to tax papers. ben stein? >> we've seen government trying to pick winners and losers and since the late 50's and imitating the french, thinking the french had the right idea. it never ever works and it's not going to work in green jobs. let the market decide. we have a well functioning system, where it works. let's stop picking on the oil companies and let the free market make the decisions and get out of the government picking winners and losers. >> the numbers are mind biology. 500 million there, 700 million there, it's all gone, what's going on? >> we should be thankful the 300 million wasn't spent. down the way the programs have been run-- >> who has money. >> burn t

these two men only granted one sitdown interview today, with jamie gangel, she's with us from lebanon, new hampshire. >> reporter: this is a big endorsement for mitt romney, it sends the message that he's the choice of a popular republican governor that many in the party wanted to run. and romney left open the possibility that if nominated, he would consider chris christie for vice president. >> why are you endorsing him? >> he's the best person for the job. it's simply on the merits, and the fact is, that we need to make sure that barack obama's a one-term president for america's future. and i looked at all the republican candidates, met with many of them. and there's no question in my mind that governor romney gives us the best chance of winning back the white house in november 2012, i want to do everything i can to help him. >> did he promise you anything? >> absolutely nothing. >> vice president christie? >> no. >> no? >> no, he didn't promise me anything. >> would he be on your short list? >> of course he may be on anyone's short list. he may take himself off the list and say he

. >> where's jamie at? >> when i go up there, i talk to an individual like i would talk to you right now. we're going to serve this man his paperwork and see what happens. >> you want it right now? >> the officer, i have a 115 for the fight you had on the yard the other day. charged with battery on an inmate with serious injuries. that's a serious offense. if you're found guilty of that, it carries a maximum forfeiture of 360 days. being you're in lockup, you have the right to have an investigative employee. if you want to have anybody you want investigated or anybody on the yard and you know their names. >> i don't know their names, that's what i'm saying, if you could find out for me, i don't know their last names, they will tell you it was self-defense. >> what i will do, get the yard list and see who was out there that day, right and ask them the questions you want me to ask, was it self-defense or did he swing on you first? is that what you want me to ask? >> that it was self-defense, he swung on me fi

. ♪ >> hi, everyone, live from america's news headquarters, i'm jamie colby. new fallout today in the solyndra scandal. explosive new e-mails showing the obama administration was considering whether to pump another 5.4 million dollars into the failing solar energy company in august. apparently energy department officials were eager to find a way to keep the failing company alive. solyndra filed for bankruptcy in late august, putting more than a thousand people out of work and received 5.35 million dollars in federal loan guarantees. the u.s. today warningf terror targeting citizen nz kenya. credible information that they may unleash attacks on sporting events in the next few days, we'll have the latest on that and so much more, keep it here on the fox news channel. the most powerful name in news. back to bulls and bears, i'm jamie colby. . >> steve jobs, a genius at creating new products, new industries, new jobs, and he didn't need one penny from the government to do it. toby, you say d.c. needs to learn from this part of his legacy. >> well, there's no quest

all right, jamie is with me with business. the european commission president has been putting forward what he'd like to see out of the bailout. >> this is just one amongst a mass of things coming out. it's part of the gradual -- i'd like to say rolling out, but that sounds rather organized and specific. but it's actually not like that at all. it's rolling out various plans for producing a bailout fund to be able to produce a system which can rescue or can prop up countries. barroso will be talking and is probably going to be talking about the role of the bailout fund and this is the one which has been stymied by this election, by this vote in slovakia. but i think whatever he says, of course, you're always at the mercy of democracy, and i don't think that's ever going to go away, but democracies make up the 17 countries in the eurozone, and they can always put a block to it. >> the worst form of government except all the others, as was said. jamie, thanks very much. much more in "world business report." another day, another at

here's jamie merisotis, president and c.e.o. of the lumina foundation. >> reporter: with all of the recent talk about budget deficits and trade deficits, the deficit i'm most worried about is our national deficit of trust. just look at the historically low levels of public trust in our political leaders, or the growing distrust in corporate integrity reflected in the occupy wall street protests. no industry or sector is immune, even higher education. with tuition rates on a steady climb, and with scientific studies questioning how much students really learn, colleges and universities are now facing the same kind of critique. let's be clear-- for the u.s. to remain competitive, we'll need more college graduates. two-thirds of all jobs being created require education beyond high school. yet today, less than 40% of americans have a college degree. the nation's economic future depends on colleges and universities keeping the public's trust. they can do this by better serving adults, minorities and other populations that have been un