. >> charlie: wilbur ross to here the c.e.o. and founder of wl ross and company, it is invested in textiles, auto parts, healthcare and other industries. in 2002 he began purchasing financial distressed steel makeers with initial investment of $325 million two. years later he sold that for $4.5 billion in the wake of the economic crisis he thinks there's another opportunity to revive regional banks such as michigan, florida, new jersey. i'm very pleased that wilbur ross is at the table l to share his thoughts on what he does, bankruptcy and also the idea of where the american economy is and since he's investing in banks, what he thinks is the future of the financial sector. welcome. >> thank you. >> let me just talk about you. you came out of yale and then -- did you want to be something other than a financier? >> i wanted to be a creative writer. yale has course called -- you have to put in 1500 words of original prose each day. by the third week i was out. i dropped the course, it saved me from the life of poverty. >> charlie:

gene tate and wilbur went through it that even though the possibility of legal marriage is >> we felt we still want to go this route because your nervous about the outcome of the decision so we did not want to wait. >> the to say they would come back to city hall for wedding ceremony as soon as it is illegal. grace kelly for kron4 news >> to find out the latest for same-sex marriage is go to our website. this coming tuesday marked the one-year anniversary of the disappearance of six year-old is on the campbell. his foster parents say he was last seen in a parked car and oakland. today there is a renewal of the dedication of finding them and hoping new headquarters in san leandro. will talk about that case we have saved it is there. >> (inaudible) >> shari lynn miller is the head for the society and she's talking about campbell and his loss. >> (inaudible) >> miller has not heard from ross or the foster mother since last august when she picked him up from one they're released from jail for being the suspicion of murder. they both left the state >> until they're ready to tell the truth

those who managed to do their best wilbur walked away with a cup and over 600 bucks, which doesn't seem like quite enough to go through that humiliation. >> "charlotte's web" was kind of cute. that was not. >> no. that was a little creepy. >>> well, time now for an early look at some of the stories we'll follow throughout the day here on nbc. once again voters across the country head to the polls. ahead of november's midterm elections, primary races are being held in connecticut, colorado, minnesota, and georgia. >>> lawmakers from the house of representatives will be at work instead of on their summer break. house speaker nancy pelosi called them back into session to vote on a $26 billion state aid package that includes funding to help prevent teacher layoffs. >>> and we'll get an update on how the government's national tally is shaping up. at a news conference, the census bureau director will discuss quality assurance and data processing issues. >>> all day long you can stay on top of the very latest developments in those stories and others as they break on msnbc. and tonight be sure

. >>> the plant would be located along wilbur avenue. five unused tanks usually sit on that land. the new $800 million plant would replace that one. construction is scheduled to begin in the year 2013. >>> pacifica police say the suspects in a robbery and shooting last friday are all in custody. daniel bustos mendez and another boy, both from minlow park were arrested yesterday. a 30-year-old clerk was shot multiple times last friday night at the shell station on hickey boulevard. he is expected to survive. investigators are now are looking into whether investigators with involved in any other crimes. >>> 16 people were injured, two lost limbs. police said the five people most seriously injured were responsible for the blast and were arrested. the five were drinking and set off their grenade. >>> and in pakistan, the militants say the presence of foreigners is unacceptable. the task would complicate the massive relief work going on. there is a danger of new flooding in areas that so far have been spared. >>> and in india, a mass was held today to mark the 100th anniversary of moth

. >>> the plant would be located along wilbur avenue. five unused tanks usually sit on that land. the new $800 million plant would replace that one. construction is scheduled to begin in the year 2013. >>> pacifica police say the suspects in a robbery and shooting last friday are all in custody. daniel bustos mendez and another boy, both from minlow park were arrested yesterday. a 30-year-old clerk was shot multiple times last friday night at the shell station on hickey boulevard. he is expected to survive. investigators are now are looking into whether investigators with involved in any other crimes. >>> 16 people were injured, two lost limbs. police said the five people most seriously injured were responsible for the blast and were arrested. the five were drinking and set off their grenade. >>> and in pakistan, the militants say the presence of foreigners is unacceptable. the task would complicate the massive relief work going on. there is a danger of new flooding in areas that so far have been spared. >>> and in india, a mass was held today to mark the 100th anniversary of moth

the commission approved the project built on wilbur avenue. the new $800 million plant would relace the nearby contra costa power plant. construction is expected to begin in 20 13. city leaders say it would create 400 construction jobs. >>> pg&e is trying to determine what caused an equipment failure to lift downtown oakland without power. 1300 customers lost electricity when an underground transformer blew yesterday evening. at least one person was briefly stuck inside an elevator and had to be rise rescued. >> a bay area organization helping both children and horses is getting ready for its biggest fundraiser of the year. the sunrise foundation connects children in crib sis with rescued minihorses like these here at its castro valley training center. the horsts are even certified to go into hospitals. they are brought into hospice settings to visit material neal ill children. well, tomorrow's wine and equinn fund raise e will provide a horse show, an auction and lots of wine, buyer and food. this happens tomorrow at the charles wilhelm train

. >> lehrer: quickly, wilbur ross died. another giant of the congress, former senator ted stevens died today. both had hard falls , but here they are as a matter of history, on both sides of the dger. >> there's no doubt their legislative legacies are intax. they were chairman and leaders and longtime members of the house and senate, but of course they both new their befores would be written with remarks about ethic scandals that brought an end to each of their careers so that has been what tainted their long legislative record. >> lehrer: all right, david, thank you. >> ifill: now, to the continuing cleanup along the gulf of mexico. the government's point man on the oil spill-- retired coast guard admiral thad allen-- announced today that he plans to step down by the end of september once he's satisfied with recovery plans. no oil has leaked since mid- july. but there are questions about what to do with the thousands of tons of waste the disaster generated. "newshour" correspondent tom bearden filed this report from the co

and a half in some blue cross is the state's largest for-profit insurers creosote call pipsqueak bill wilbur as a good dad. truck 8 checked and your forecasts we will be right back with the kron 4 morning news, weather and traffic in just a few moments. what a mess kron4 morning news, you're looking at shatters san jose currently in san jose temperatures are outside much cooler though we have been so used to. 63 new and time getting up to 75 high tempted to 81 degrees pretty comfortable in san jose compared to the boss or days back down again to 72 bay o'clock. ulster we're still seeing a little bit of fog creeping into the bay moving back and saw the picture you can see it bridge into san rebel up into the delta. patchy fog to the north bay family gutted hanging along the coastline. not widespread. about 50 degrees for san francisco, 63 oakland. hayward, fremont temperatures ritter and 60 degrees. as we move to the 10:00 hour we'll start to worry about. by noon time not quite as warm as we have been used to getting out to the 70's may be in a few eighties. no really talk about in the '80s.

. >> in fact, one of the things you learned early on from your dad wilbur who was a college biology professor, and it would seem those two professions -- your profession and his -- you wouldn't be able to transfer the skills there. >> but i really did. i used so much of what my dad taught me when i was young and one of his favorite things is my job was to help every student get an "a." to do that, you can't just teach from one syllabus and teach one way because every student may not get that. you have to find what turns the d i tried to do that when i was coaching, help each individual player. >> the tips i want to get from you, leadership. you have seven kids. i'm struggling with three. you're just two shy of a baseball team. how do you do this? >> well, my wife is a big part of it, and i think we have to work together. that's the first thing and, again, try to find out what is going to help each individual kid and all seven of them are different so you can't have one set of rules and i get that all the time. well, jordan doesn't have to do this and you don't make "j" do this. let them know