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Fracking could be one of the causes. those are your headlines. 12 minutes past the hour. thank you so much, michaela. it s money time, folks. the department of justice has been coming down hard on lenders responsible for the financial crisis and getting big payoffs where jpmorgan chase paid a record breaking $13 billion. another big bank facing the reckoning of the mortgage crisis. poply harlow has more. this just getting confirmed. talking about citigroup, a multi billion dollar payout coming from them. a source telling us they are going to announce this with the justice department in a little while. this settles charges that citi packaged bad mortgages knowingly during the run-up to the huge financial crisis. citi and the department of justice have been haggling for months over the amount of the settlement. citi offered $4 billion as much as june. this is much higher, a $7 billion deal. the department of justice ....
54th recall from gm this year totaling 27 million vehicles. the latest recall comes as the auto maker announces that a composition claim fund headed by the same man who ran the funds affected by those of the/11 and the bp oil spill. i thank general motors for their total cooperation in establishing this program, via funding it. and they re funding it without any cap on aggregate amount of money that s going to be available. joining me now is poply harlow. you sat down with ken feinberg if an interview. what else have you learned? he s put it into three parts, those who died as a result, their families will be compensated. those who were seriously injured, they will be seriously injured as well as those with lesser injuries. the people who died, their families are going to get at ....
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they re referring to the straits of hormuz. this is a big threat from iran, the closure of it and the u.s. is bearing down on that as well as the accusations we killed their scientist. you ll those words. there are new efforts to take away parole power from the governor in one state. and this is reaction to that fiasco that happened in mississippi where the outgoing governor decided to give full pardons so there are four convicted murders on the loose right now, the attorney general is saying there will be a nationwide manhunt for those guys that took off running. i still don t understand that how can you work for a guy that is technically innocent? weird. we ll get to the bottom of it. also, here s one for the funny books. stephen force. or is it. i love this man. but would he be a good president? could he be a good president? could he even be president? he made a big late night announcement. it ain t the first time stephen colbert has suggested throwing hi ....
boehner urged the president to call on harry reid to appoint negotiators to this conference that we now are talking with so much about to try to hash out the differences between the house and senate. as you well know, senate majority reid has no intention of negotiating and as he read in a letter to speaker boehner, along with speaker boehner and all congressional leaders and the white house, they want that deal and senator reid says not until they have the assurance that the tax cut will not lapse come january 1. so they are pushing he is again pushing as well as the white house, to put to push through the two two-month extension. but bottom line, where do things stand? talks are not happening. there isn t any real progress because there aren t real talks happening. both sides are very dug in. they all seem to want the end goal but absolutely talking with each other at this point. let us know if that phone call manifests into a meeting. thank you. appreciate it. ....