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the agent believed to be at the center of the scandal. arthur huntington was the secret service agent who had the payment dispute with colombian escort, dania suarez. that argument in the hotel el caribe in cartegena, colombia, set off a wide-ranging investigation. as a result, nine secret service agents have resigned or being forced out of the agency. the military has launched its own investigation into 12 members also in colombia before the president s visit. drew griffin was the first to break the news tonight and drew, walk us through this. what more can you tell us? how did you figure this out? this was real, on the ground, hard reporting. well, the secret service tried to make sure that none of these names came out, erin, which made it tough. but we knew from hotel security that the dispute happened between two rooms on the seventh floor where the agents were staying. we know those two rooms were both occupied by secret service agents. we were then able to obtai ....
good evening. i m erin burnett. outfront today breaking news in the secret service sex scandal. just about a few moments ago cnn learning the identity of the act believed to be at the center of the entire scandal. his name, arthur huntington. he s from maryland and he was the secret service agent who had the payment dispute with colombia escort swuarez. that argument in cartagena, colombia, set off a long-ranging investigation into misconduct by president obama s advance team. as a result, right now nine secret service members resigned or are being forced out of the agency. the military launched its own investigation into 12 members also in colombia before the president s visit. now, drew griffin was the first reporteder er to bre reporter to figure this out. real on the ground, hard reporting? reporter: the secret service tried to make sure none of these names came out, erin, which made it tough. wep we knew from security the dispute happened between two rooms on t ....
When you look inside the numbers and consistency, we ve had a real turn around in the jobs market. unfortunately, as you also suggested, all of that news being drowned out by concerns about greece and europe and the concern is that what s happening in europe ends up derailing your otherwise reducing or subduing the u.s. recovery. before we move on to the political fallout, steve, can you explain what happened in one second yesterday to drive down proctor and gamble, a huge sell order that couldn t be accommodated. markets were halted. apparently, people sort of went to other exchanges to place their orders. this was a real panic moment. it was. unfortunately, i can t explain it. what i understand is the way these things work is that there is no sort of stepping down on electronic exchanges from price a to b. if it s lower, it can drop ....
Derivative. what a derivative is basically an ability to try to predict something and hedge against it. so if you re in a business that depends on fuel costs and you want to give predictability to your business you say i want to lock in a price a year from now for my gasoline costs. you can create this contract to lock in that price. it s basically a way to hedge risk. but it got way out of bounds. warren buffett called it the instruments of financial mass destruction if there s not transparency around it. not a little bit of transparency around it. so do they have the provisions i should note senator dodd the chairman and senator shelby ranking republican member are negotiating as we speak. as they continue those conversations do they have agreement on making this more trance parent and less not less risky for an investor but more open to an investor who says if i m buying one of these here s my risk? no, they don t have agreement but they re much closer to ....
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