Hourly Update

" Well tomorrow the seven biggest firms to receive a bailout money -- to hand over pay plans for their top executive yeah. Yeah high -- will be Bob to Hayes. So lazy and what is -- gonna do and how much when he does -- have Caroline Shively is in Washington DC Caroline."

" A lot of a lot of pressure mr. Feinberg would you set. Yet it."

" guide tomorrow when he gets those pay plans tomorrow Brian thank you don't normally these companies can dole out what they want a 1000015 million what ever they think. Meet there -- their requirement but simply to federal bailout money president Obama's pays our we'll get to decide if those bonuses are too big. Kenneth Feinberg -- gets -- pass judgment on any pay package agreed to after February 12 of this year. That's when the stimulus bill was passed with restrictions on companies who took the bailout. -- you're the company -- checking out. AIG -- Bank of America Citigroup Chrysler Chrysler financial GM AC and General Motors now remember back in March when AIG paid a 165 million bucks and retention bonuses after taking billions in bail out. Well that's what the administration -- and find -- gets about sixty days to approve the pay packages of the top 25 employees at these seven companies. Some conservatives think the whole thing as a bad idea."

" It's annoying in the middle of a recession to see. Wall Street guys making hundred million dollars a year but it's terrifying to think that the federal government could control how much people the private sector make. No one gives the government that power they shouldn't have it."

" Feinberg reports to Timothy Geithner the Treasury Department and he's actually doing this work for free. He's worked for big money like this before he was a guy in charge of digging up the nine elevenths and Virginia Tech compensation funds. Steve Bryant in -- back to you."

" Laurie Caroline would think very much meanwhile some other headlines on this Wednesday thirteen people are dead after their small plane has crashed into a mountain can happen in. Pol Pot as New Guinea the small twin engine was heading into this -- Kodak track how popular tourist site. We're Australian forces stopped advancing Japanese troops during world works of no word on exactly what caused the plane go down but flying in Hauppauge New Guinea is always dangerous because it of its. -- mountains and rapidly changing weather conditions as you can see the bogon clouds rolling."

" Absolutely. When Brazilian TV producer Wallace goes us said. He'd kill for better ratings police say he actually meant that plus he's under arrest and on suspicion of here rain he arranged five murders. For his crime show now investigators became suspicious because in each case the TV crew. What's on the scene before the Taylor. Several former employees have pointed the finger at him police believe that Sosa was. He's also a state legislator. And is also a drug dealer."

" It's busy very -- Okay we'll follow that he was trying to beef up border security that's the word from Homeland Security secretary Janet Napolitano no relationship to the judge -- Who just announced a thirty million dollar cash infusion. To help plug up holes along the southwestern border the cash will be spent to prevent drug violence in Mexico for spilling over. Into the constitution. -- we have a unique opportunity now with Mexico. To really break up -- cartel. And shame on us if we don't take full advantage of that opportunity. And go through that window together. OK the thirty million comes on top of another 45. Million spent on border security earlier this year."

" Federal investigators -- Las Vegas pharmacy looking for evidence related to Michael Jackson's -- pharmacy is used by Jackson's doctor -- Murray and it's believed. That is where he got paid pro football. Bad Jackson allegedly received before he died. DEA agents and LA police swooped into the building collecting records and documents and a list of inventory. It is the sixth -- Wheeling."

" Did Dr. Murray. And Michael Jack below and a reality show -- he gets a little too real one Atlanta housewife calls 911. On another house while he. Yeah."

" Stroke behind my little have to -- education. -- story a Russian culture but what."

" That's Kim I watched that show. On last week's episode of the real housewives of Atlanta -- selfless act. We got into a brawl with her co star's name mainly Spanish your great Whitfield. So that -- claims that Blake's -- took twice. Place she denies -- sold back. Says that she has witnesses and police reports confirm the violence heroes we'll have to wait to see how this battle it turns out that there."