u.s. but instead economic data from italy. we are just the prettiest horse in the glue factory right now, shep? shepard: i love it. up 3% in seven days. that s a lot. hey dow jones industrial average up 2.8% in seven days. get this, this is more good news. the vicks index, that s what the folks call the fear gauge, lowest levels in four years. really looking good for people out there. even the downdraft earlier in the day didn t keep people from coming back into this market and buying stocks. they are using any excuse to do so. shep? shepard: we are not afraid. gerri willis live in new york. gerri, thanks. thank you. shepard: former mayor of detroit kwame kilpatrick now faces up to 20 years in prison. you see, a jury today convicted him on two dozen federal corruption and bribery charges. he is 42 years old. he was once a rising star in the democratic party. make no mistake. he ran detroit from 2001 to
2008 and was the youngest ever mayors of any major new york city. during his five month long trial, prosecutors accused him the looting the cash strapped city steering contracts to his friends and sending hundreds of thousands of dollars beyond his salary. at the end of the day, what he was doing was stealing money that didn t belong him to. stealing money that belonged to the people of detroit. while kwame kilpatrick enjoyed a lavish lifestyle he watched the quality of life. havening detroit s financial decline. the city could soon become the largest municipality ever to declare bankruptcy. some workers in new jersey have been sleeping on the job. and their boss is cool with that. their investment firm has installed a nap room. it used to be a closet but they have converted it and put a big recliner and bamboo rug in there employees can sign up 20 minutes maps twice a week.