back with a market alert. the dow up over 600 points. they are five minutes to the close. markets up big basically across the board. similar story yesterday. the dow had big gains all day only to fall dramatically in the last 20 minutes. as the clock ticks to the closing bell we re joined by senior investment commentator for the financial times. what is happening? basically we are getting what we thought we were going to get yesterday. when you have had this kind of selloff as we ve had in the last few days it is not a surprise once people start picking through they will find something to buy. so you expect some kind of an increase an the dip. doesn t necessarily mean we re out of the woods yet. the other big new development is comments from the head of the new york fed, which where he s acknowledged that he thought the
resign or be fired is to encourage the next person to do a more careful job. i agree with you that there s a symbolic value and also this is how traditionally presidents have shown they re on top of it. i m 2ke78ding the resignation today of so and so. but shinseki resigned tomorrow, it doesn t fix the problem. my question to you, david, as somebody who has some political experience is, former lieutenant colonel ralph peters on fox a couple times this week saying where was the outrage in the bush administration about the same problems which have festered now for 10 or 15 years? there was outrage. i remember the walter reed scandal. it was a gigantic firestorm. it became together with katrina to create an image of incompetence around management of the bush administration that did so much damage in the elections of 2008. what happened there? where is walter reed now? that s one of the problems with journalism is that we don t follow up. have things improved at walter reed? walter
resign or be fired is to encourage the next person to do a more careful job. i agree with you that there s a symbolic value and also this is how traditionally presidents have shown they re on top of it. i m 2ke78ding the resignation today of so and so. but shinseki resigned tomorrow, it doesn t fix the problem. my question to you, david, as somebody who has some political experience is, former lieutenant colonel ralph peters on fox a couple times this week saying where was the outrage in the bush administration about the same problems which have festered now for 10 or 15 years? there was outrage. i remember the walter reed scandal. it was a gigantic firestorm. it became together with katrina to create an image of incompetence around management of the bush administration that did so much damage in the elections of 2008. what happened there? where is walter reed now? that s one of the problems with journalism is that we don t follow up. have things improved at walter reed? walter
good. you have to encourage the next person to do a more careful job. there is a symbolic value which is how presidents have those they are top of it, but if shinseki resigns tomorrow, it doesn t fix the problem. my question is, former lt. colonel a peters said, where was the outrage in the bush administration about the same problems for 10 or 15 years? the creed scandal was percent began dick and came together with katrina to create an image of incompetence. what happened there? where is walter reed new? that is a problem with journalism, we don t follow-up. have things improved at creed? creed is being converted to housing and it will be no longer a hospital but a big new development. because there are so many
undetected. we re supposed to have all the security, we re spending billions dollars and tax dollars since 9/11. kind of scary times. reporter: the teenager is still in a maui hospital. he s said to be in stable condition. child welfare officials are going to make plans to return him to california. ashleigh. all right, dan simon, thank you for that. i want to take us back to the top story of the day, the search for the missing malaysian plane and a big new development. when or if the airliner s black boxes are found, the secrets held within them could be revealed in a very special lab, like this one. we re going to take you inside this australian lab and show you how investigators get crucial information. sfx: car unlock beep. vo: david s heart attack didn t come with a warning. today his doctor has him on a bayer aspirin regimen to help reduce the risk of another one.