Been exposed that the problem can be dealt with. The regulatory process can do the things it needs to do which isnt necessarily introduce one new regulation. You see what happens with a very wellmeaning regulation. I think the two things that people in congress who are concerned with this issue and regulators should always keep in mind is that everything should be in the direction of increasing transparency, genuine transparency not the radical transparency where people will know what is happening rather than digging through 800 documents. Actual transparency and two being very sensitive to the incentive system they are creating in the financial markets. People respond to incentives. That is the story of wall street and the various crises we have had. People are just answering the call of incentives and when the incentives are bad the behavior is bad. Host finally Michael Lewis i was a little confused by the last chapter. We need to tell everybody what it is and they can pick up the bo
Gun move . And watch out. Lion attack in the living room. How did this big cat even get inside the house. Two men going pawtopaw to fight her off. Why no one thought she was even dangerous. And good morning, america. Welcome back. We have a whole lot to get to this morning. Its a big morning in the Oscar Pistorius trial. Look at some of the photos right here. A chilling video surfaced, prepared by his defense team showing him reenacting the night he shot and killed reeva steenkamp. Causing controversy in court this morning. A lot of reaction to that video. And the latest on wimbledon. What a finish. Oh, Novak Djokovic, roger federer, going headtohead, lara, i know that you were there at wimbledon for the first time, and now back. Assignment of a lifetime. And a rare moment. Right after djokovic won, caught on camera, an exchange between him and the duke and duchess of cambridge. Who knew . They play tennis as well. Lot to get to. Get to the severe weather. Tornados across the midwest t
Southbound lanes closed. Traffic will only be getting by in one lane. And i talked to some of the workers and got an update. They said this repair is going to go on well into the afternoon. If you are headed down 355 on into wisconsin and on into the district this morning, they want to plan an alternate route or plan on some massive, massive backups. Now for more on traffic, were going to send it to Alexis Davies in for danella. Reporter thank you, tony. Thats right. Major delays there, two southbound lanes closed on wisconsin avenue between cumberland avenue and dorsett avenue. Going to be there a while. Make sure you give yourself extra time as you travel down wisconsin this morning. Also, another accident, 16th street at east west highway. Involving an overturned suv, all of the lanes are blocked now. Were still getting information on direction there. Do be cautious as you approach 16th street at east west highway. Heres a live look at the video. Police are on the scene. The car is
These cars. This was a part of the effort to locate michael powe who went missing after ringing the new year in with friends at an adams morgan bar. The took a tragic turn when investigators discovered powes body at the bottom of a ventilation shaft at a Apartment Building here and they believe he fell to his death through an opening in the roof. A sad close to a missing person case. The Police Confirm the body of a man found in a ventilation shaft on built more street is that of 23yearold michael powe. Powe has been missing since new years eve when he parted ways with his friends at shenanigans bar. Friends say at around 2 45 a. M. New years day poe powe called a friend and said he was celebrating on a rooftop which they thought he meant he wassen a rooftop bar. That was the last they heard from him. A 911 call from a resident brought investigators to this building Late Wednesday night located a block from the bar where powe had been with friends. What he was doing on the roof and how
This is a fox report. Tonight, a top lawmaker baffled, saying that people who are supposed to protect us when we travel are putting lives in danger. With the new tsa policy youll be able to get on a plane with a small knife, a hockey stick, and a couple of golf clubs. Plus afghanistans president levels an incredible charge against america. As chuck haguel makes his first trip to that country as defense secretary. A the u. S. Motive ahead of the troop withdrawal. It now has the Top Commander in the war zone calling those words categorically false. Also, the man with the republican man to get the governments fiscal house in order. We think we owe the American People a balanced budget. Harris to do that, congressman paul ryan wants to scrap one of president obamas biggest first term accomplishments. Our budget does promote repealing obamacare. Harris the showdown over spending your tax dollars. And caretakers and customers at a big cat reserve left in shock after someone apparently left t