it s 10:00 a.m i m lindsey reiser at msnbc headquarters in new york we re following a lot of breaking news on this busy monday morning, including president biden assuring the country our financial system is safe amid heightened fears of a banking crisis after the collapse of both silicon valley bank and new york-based signature bank americans can rest assured that our banking system is safe. your deposits are safe let me also assure you we will not stop at this we ll do whatever is needed. the government is taking extraordinary new steps to ensure customers will have full access to their money, a major move by the treasury and the federal reserve to shore up the banking system and prevent the panic from spreading to other banks. plus, a promise no losses will be shouldered by taxpayers and officials will hold the people responsible fully accountable. more on this in moments and what you need to know about your money. plus, no-show. donald trump s lawyers say he wi
the president says everything is under control. will that convince average americans? and why didn t anyone see this coming plus, roughly 17 million people facing flood watches today. the vast majority of them where flooding has already wreaked havoc in parts of california the atmospheric referring dropping another half foot of rain and compounding misery for towns under water. will donald trump s future be decided on the campaign trail or in the courtroom. the former president heads to iowa as his former fixer, michael, cohen, heads into a meeting with a new york grand jury we start with the question americans all over the country are asking, is my money safe the federal reserve and the president himself telling them the answer is yes. right now the dow is roughly flat following the collapse of two banks in recent days with several others suddenly on shaky ground in fact, some regional banks have lost 60, 70, even 80% of their value. carol lee is covering the white hou
kenzora: they questioned paul bernardo about the crimes, and they asked if he would volunteer a dna sample, and he agreed. back then, dna was fairly new. the lab that analyzed dna didn t have a lot of resources, so they got that sample, and unfortunately, it was put on a shelf with a whole bunch of other samples, where it sat for a number of years. pron: he just didn t seem like the kind of suspect that would do this. reporter: neighbors suggested he was a dead ringer for the composite, but after interviewing him, police let him go. no one was arrested. and in the meantime, paul bernardo moved to st. catharines to live with karla homolka and her family. as soon as paul bernardo moved to st. catharines, there were no more rapes in scarborough. unfortunately, there were other attacks to come.
she was all they had. bernardo s lawyer at the time went and got the tapes. ken murray didn t turn them over to the prosecution. for 17 months, he hangs onto them. malbon: in the meantime, karla makes this deal, the deal with the devil, as it s known. the law in canada is that if a lawyer comes into possession of evidence of the crime, the lawyer is obliged to turn it over to the authorities. paul hunter: he ultimately did hand them over. the crown may have made a deal with the devil. i didn t think it would go quite this far. rosen: i now have the videos. we watch some of the videos. i m getting a sense of what this is about, and i get really upset. when you saw the videotapes, their tapes, their homemade tapes,
mccready: it was shocking. everybody was just devastated. i just kept thinking, why did he have to kill her? reporter: police are not discounting the possibility that the cases may be connected. mccrary: there were similarities. both had been physically assaulted. both had been asphyxiated. both had bruising to their bodies as though someone had been kneeling on their back, maybe using a ligature strangulation or strangling them from behind. paul hunter: we have to find who did this, or more young girls are gonna die. this danger is out there. the scarborough rapes began in may of 1987, but it would be six years before the police would get their first big break in this case. the lab that analyzed dna didn t have a lot of resources, so samples sat for a number of years.