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Detailed text transcripts for TV channel - FOXNEWS - 20101213:20:40:00

usual, and we will get to that as it happens. a day after the new york middle examiner s office declared the death of madoff s son as a suicide no one has claimed the body. the father-in-law found the 46-year-old on saturday, hanged, from a dog leach, from a pipe in his own apartment. his two-year-old son asleep in the other room. the suicide coincided with his father s arrest two years ago. in other words, two years ago to the day his father was arrested. bernie madoff serving a 150 year life sentence for the running of the most massive investment fraud and some victims include his friends, his death comes after the filing of multiple lawsuits again the former madoff business. and now, we will start first with the family of the no one claimed the body? reporter: the body is at the

Detailed text transcripts for TV channel - FOXNEWS - 20101213:20:34:00

supreme court to take a case directly from a trial judge when it will get there anyway. but the supreme court does not like to do that because there are 20 of these and it wants all of them resolved and then go to the appellate court and then the supreme court soy are talking a process of two or three years. shepard: well . shoot me. the judge is on every day, 8:00 eastern, 7:00 p.m. in eastern on the fox business network, the fastest growing business in television news. if you don t get the fox business network, demand it. demand it. that will help. a lot. you saw the little tripping incident with the jets game. jets, no touchdown in, what, 12, ten quarters? the assistant coach reached out and tripped the guy there is now

Detailed text transcripts for TV channel - FOXNEWS - 20101213:20:14:00

and vote on the bill as it stands and let the senate strip the estate tax provision and everyone can go home and do their other business. that is a choice they have here. shepard: that estate tax provision has been for a couple of decades, a sticking point between the left and the right. what the left is saying, if you, when you get this money, if you won the lottery you would pay income tax. if you had under any circumstances, but someone in the family dying, you would pay a tax on this and the democrats say you need to pay a tax and they say 35 is not high enough. some want 55 percent. reporter: they have come down do 45 percent. it is a general proposition, democrats want a higher estate tass on more estates, and republicans want lower on fewer estates. so it is a compromise on both sides and many republicans think there should not be an estate tax whatever. so they have come up to accept something. it is odd this is the sticking point because it is not the big

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