susan candiotti is outside of the courthouse. susan, bring us up to date. reporter: fredricka, the latest information we have on the suspect in this case, pedro hernandez, is that he is not being held in jail at this time. instead, he is at bellevue hospital in new york, which is a very highly regarded public hospital, which has an equally highly regarded psychiatric unit as well. we are told that he is being evaluated. he is not under a suicide watch, according to police officials, at this time. so right now at the courthouse, we are waiting to find out when a hearing might be scheduled. this would be the first appearance for mr. hernandez at which time we expect that prosecutors will be announcing exactly what he will be charged with. now, it was flagged yesterday by police that they expected the charge to be second degree murder. but it will be the first opportunity we have to see him in court if in fact this appearance does come today as expected. fredricka? susan, ye
consumer-driven economy like that of the united states, how people feel is the key determina determinant. the number you ll tell our viewers about shortly is consumer sentiment, how do you feel about the economy now, how do you feel about it in the future, and this number is as strong as it s been since october of 2007. i want to take you back to october of 2007 and tell you what was going on. dow was at 14,000. it had set a new record. we had just started to see weakness on the housing front. but things were still feeling pretty good. it was only after that, only after october into december of 2007 when the recession started did people start to say, uh-oh, something is wrong with this economy. remember, john, it s when people, americans, consumers start to feel something is wrong, they start to act that way, they spend less, and this starts to create job losses. so this is very key that we re back up to where we were in october 2007 when things felt pretty good. it s key,
democratic milwaukee mayor tom barrett head to head tonight. will scott walker be able to tame the unions? bud light. the hurricane downgraded to a category 2 but still packing a punch. popular resorts of mexico in the crosshairs this morning. casting call from folks that brought you extreme makeover home edition comes a new game show based on the bible. jeff foxworthy live this hour and we ll talk to the people behind the game show. newsroom begins right now. good friday morning to you. i m carol costello. 33 years ago today this little boy, etan patz, vanished on his way to school. this morning his alleged killer is expected to be in a new york city courtroom. his name is pedro hernandez. this is his picture on inside edition. hernandez confessed to the killing and may have solved a mystery that started a national discussion on missing children. susan candiotti is following the latest developments. hernandez is expected in court. what may happen today, susan? repo
plumbers. all kidding aside, it s not the same job requirement. so, it s totally legitimate for the president to point this out. this comes as a new ad from president obama highlights the, quote, real people who were affected by bain capital, that private equity company that mitt romney ran for 15 years. take a look at that ad. makes me angry. those guys were all rich. they all had more money that they ll ever spend, yet they didn t have the money to take care of the very people that made the money for them. the other side former managing director at bain capital makes his case for the company s brand of free market capitalism in his new book which is called unintended consequences, why everything you ve been told about the economy is wrong. ed s given at least $1 million to the super pac that supports mitt romney. so nice for you to come and talk to us. thank you for having me. you were born in detroit, and you went to harvard business school, and you left to go
away the southern vote from president obama. the president this morning struggling and refocusing. security scramble. new information this morning on that u.s. airways plane diverted. you would be surprised how often f-16s are sent up to follow passenger planes. nancy reagan now 90 resting after breaking a number of ribs in a fall. the former first lady recovering. newsroom begins right now. good morning. i m carol costello. high profile investors may have got an insider view of facebook s future before the social network s stock went public. if you didn t have big bucks, you were probably left in the dark. if that is true, it reinforces some of the worst stereotypes about wall street as time magazine put it, it means the entire game is a casino rigged for the house with a sucker played by the average investor. that s the controversy surrounding a name we all know. morgan stanley which served as facebook s lead underwriter and now investigators reportedly want to kn