evacuated. students say it was chaotic when the shooting started with people basically running for their lives. parents were frantic to find their kids. i just want you to take a listen to this. she texted me and said there s been a shooting and i m in a closet, but don t worry. i said, well, just keep texting me. so that s what we re doing. my son is over there. i have a daughter here in middle schoo school. more on the shootings throughout the morning as well. they are spending time in tennessee today. that s ahead of next week s big super tuesday contest. and more apparent retaliation for last week s burning of korans by nato troops. a suicide bomber detonated explosives, killing nine civilians. the taliban are claiming responsible for the attack and for poisoning food at another base. we have traces of bleach found in fruit and coffee. no troops were sicked. they re eating now prescreened meals. president obama s apology nor the koran burning has sparked criticism f
panel, wall street journal columnist simon kohn stabl and fox business network s stu varney. what we said in the tauz wasn t exactly right. we said that president obama said we righted the howing ship and he hasn t said that. he said it s still a big challenge, housing is still a huge drag on the economy and these numbers bear that out. and it s going to be an even worse drag on the economy. we ve just had the settlements by the banks of the foreclosure mess so now we ve clarified the procedures that must be performed for a foreclosure. this opens up the flood gates to foreclosures. they have been holding back to clarify the rules. megyn: because they ve been so terrified because they messed it up and got in a bunch of legal trouble. now it s been resolved so it s open season on foreclosures. that s why realty track says you re going to have a million foreclosures this year, up from last year. this is bad news for the housing industry. more foreclosures means more houses on the m
helping homeowners who are having trouble. it s a drop in the pocket. reporter: very interesting, five banks i don t see the two biggest mortgage owners on the planet included in that, fanny mae and freddie mac. bill: point taken. eric we ll see automatic 5:00, on the 5. see you then. martha: just how bad is the nation s foreclosure crisis. you were talking about some of the numbers here, since 2007 more than 4 million borrowers lost their homes to reclose you are. realty track estimates that one million foreclosures will be completed in this year alone. think about that, a million families losing their homes. by last september there were nearly 11 million borrowers whose homes were underwater meaning they were worth less than what they owed on the home. bill: more trouble in greece. thousands flooded athens as a deal to bail out that economy
jobless claims jumped by 21,000 last week. the liz volatile four-week average was down 377,000. timothy geithner says he doesn t expect to serve a second term even if president obama is re-elected. he s confident the president wouldn t ask him to stay on. the economy s slow recovery is prompting the federal reserve to keep the benchmark interest rate at near zero for at least a year and a half. that should make it cheaper for consum consumers to borrow much needed money. as we look across the board, the dow jones in the green, up by almost 28. there we go. and the standard & poor s, nasdaq, they are both in the red for right now. stunning news in the housing market to talk about this morning. this new report from realty track shows one out of every
get soup, salad, unlimited cheddar bay biscuits, dessert, and your choice of 7 entrées, like new honey bbq shrimp skewers or shrimp and scallops alfredo. all four courses, just $15. [ jody ] it s really good value. all my guests love it. i m jody gonzalez, red lobster general manager. and i sea food differently. new report says the worst of the foreclosure crisis may be over. the report by realty track shows foreclosure filings plunged 34% last year to the lowest yearly level since 2007. that s before the recession