be and furious case, delaying getting e-mails and documents to us in the department of energy solyndra investigation. that is what you see happening. so in my opinion, it is a choice that this administration has made. i think they thought they could put it off and what they are finding is that chairman issa is putting it on the agenda and he s going to get to the bottom of it. congresswoman marsha blackburn, thank you for your time today. good to be with you. we want to show you what is happening with the markets on word of a euro zone deal. look at this. sky rocking numbers there with the dow jones up 223 points. the dow jumped over 200 points in the first hour of trading. leaders in brussel unveiled a new plan to bail out banks directly from a financial rescue fund. we ll keep our eyes on the market. we re back with much more after this. it s very important to understand
bret: president obama leaving the white house tonight bound for france and the g-20 summit. this is the greek debt deal. the euro zone deal is in trouble it appears. we ll see if they can salvage that. meantime, the federal reserve chairman ben bernanke up on capitol hill today painted a dire picture of the u.s. economy. downgrading the forecast the fed did for 2012. original estimates from 7.8% to 8.2% unemployment next year. now worsened to a range of 8.5-8.7%. back with the panel. 8.7, that is still pretty good. it s better than we are now. a lot of people thought it would stay at 9%. when you are as bad as we are now going in the right direction is what the white house wants to hear. but that is still terrible. and i don t think bret: thanks for the clarification. it s still horrendous. i don t think that any president since fdr run for re-election with unemployment even that high.
cain for leaking the story is speaking out. plus, lawmakers documents of the bankrupt solar energy company that got a half a billion dollar loan from the obama administration. you re in the situation room. captions by vitac www.vitac.com while herman cain scrambles to try to get in front of the growing controversy, he s raking in lots of campaign contributions. cain s campaign now tells cnn they ve raised an astonishing $1.2 million since sunday evening when news of the accusations first broke. meantime, cain may face new embarrassment and more pressure if one of his accusers is allowed to come forward with a statement. brian todd has been reporting. what are you learning today? going to get to that in a moment, but what we may hear, there are indications that cain s alleged behavior may have cost the national restaurant association up to $80,000. politico reports one of the woman received a payout of about $45,000 as part of her settlement. earlier this week,
bret: president obama leaving the white house tonight bound for france and the g-20 summit. this is the greek debt deal. the euro zone deal is in trouble it appears. we ll see if they can salvage that. meantime, the federal reserve chairman ben bernanke up on capitol hill today painted a dire picture of the u.s. economy. downgrading the forecast the fed did for 2012. original estimates from 7.8% to 8.2% unemployment next year. now worsened to a range of 8.5-8.7%. back with the panel. 8.7, that is still pretty good. it s better than we are now. a lot of people thought it would stay at 9%. when you are as bad as we are now going in the right direction is what the white house wants to hear. but that is still terrible. and i don t think bret: thanks for the clarification. it s still horrendous. i don t think that any president since fdr run for re-election with unemployment even that high.
bust. a man once on the short list for the treasury secretary right in the middle of it. including a president? including a president. former secretary of state, condoleezza rice talking about a poison scare at the white house. 24 hours that could have drastically changed history. proof that one woman can change history. one woman with a revolt of bank of america. this is all on american morning. all right, good morning. it s wednesday, november 2nd. welcome to american morning. yes, happy wednesday. allie is in france and going to join us in a moment. we are going to find out whether g-20 can save the world. the herman skain scandal. brian todd is live for us in washington. brian, in the crisis management and damage control, this is a tough one for cain, isn t it? it is, christine. we are about to see the other shoe drop in a big, big way in this case. one of herman cain s accuse sors may come forward and give her side. she s been upset since the story br