tv ABC World News With Diane Sawyer ABC May 23, 2012 5:30pm-6:00pm PDT
on "world news" tonight, the facebook fury. investigations unleashed against mark zuckerberg and his company. does the facebook prove ordinary people can't get a fair break on wall street? secret service scandal, a big apology today from the man in charge of the secret service. to the rescue. just in time for memorial day, the little machine that can save you from drowning six times faster than a lifeguard. and bird man. watch this man fall from the sky to the earth without a parachute -- and walk away. good evening. tonight there is a storm brewing about facebook, fairness, and all that stock sold after so much excitement.
investigations have begun, lawsuits have been filed. here's the critical question. were wall street insiders given secret information about the company while ordinary people were not? today the stock rose $1 over yesterday, but it's still well below its offering price. so we spent the day asking how much the insiders make on the sale and how much did it cost everyone else? here's abc's bill weir with some answers. >> reporter: it was supposed to be a crowning week for newlywed and new billionaire mark zuckerberg. instead he's now being sued by thousands of investors who asks facebook and -- accuse facebook and their bankers of withholding information about the value of the comp. so when the average investor was lining up to buy on friday, those elite few in the know were poised to sell for a quick profit. >> the individual investor is always at a massive disadvantage to professional wall street
traders. >> reporter: case in point, this college student. >> it was an 11% loss. >> reporter: he could only afford ten shares of the stock, far from the status of qualified investor. someone with a net worth of at least $2 million. these are the kind of shareholders who get a preferred price. long before the stock even begins trading. their banks and advisers spend hundreds of millions on research and the most powerful computers to squeeze every tiny advantage. >> a weekend warrior thinks, i hit a good shot once in a while. i can go to wimbledon and take a set off roger federer. no, you won't. on wall street, it's the same thing. bigger investors are getting better information. >> reporter: neither zuckerberg or facebook have commented since friday, but go to the site and you see the frustration that drove the early occupy wall street. zuckerberg has pulled another fast one, but on a much bigger scale, says one poster. the big investors made out like a bandit the first day. the only ones who made millions and billions were the ones who had millions and billions of shares.
will you keep playing the markets after this experience? >> absolutely. but what i learned from this experience is that i should be extra careful and do a lot more research and be a lot more cautious. so despite the cataclysmic ipo, morgan stanley made $100 million profit. there are reports that they may refund some of that money to investors who lost. in the early glitches on the nasdaq. they're trying to do some damage control. >> but what does this is a about fairness in america? >> they call it the retail roadshow when a company like facebook and its bankers lead up to an ipo, they save the juiciest information for the investment banks, whereas in europe, they have to share that information to everyone. that could be an easy fix, but
it's a heavy lift to go up against those well-moneyed big guns on wall street. >> opened a lot of eyes with that one. thanks, bill. we turn to washington and the secret service that came to symbolize training and discipline, until it was tarnished by the prostitution scandal. today the head of the secret service testified before congress and for the first time, he offered an apology, but abc's pierre thomas tells us, it may not have been enough. >> reporter: it was something rare in washington these days -- someone saying sorry. >> i am deeply disappointed and i apologize for the misconduct of these employees. >> reporter: but director mark suillivan defended his agency, maintaining that the most embarrassing scandal in the service's history was an aberration. >> i was dumb founded. >> reporter: members of congress were not buying it. >> i continue to believe that this problem is broader that you believe it is. >> it's hard to believe this was only one case. >> reporter: sullivan was at a
loss as to why 12 secret service personnel, including two supervisors acted so recklessly. >> i've tried to figure out, between the alcohol, the environment, these individuals did some really dumb things. >> reporter: additional supervisors are now being sent on foreign trips, what one senator called bureaucratic babysitters. of the 12 accused, three were cleared, and nine are being removed. at least two are challenging the disciplinary action. some of the agents have said they did not pay for sex and did not know the women were prostitutes. some have suggested that the agency rules on off-duty behavior were vague. >> this tolerance was part of what was called the secret circus, not the secret service. >> reporter: director sullivan flatly rejected that charge. >> the thought or the notion that this type of behavior is condoned or authorized is just absurd. >> reporter: but members of congress are demanding more answers about whether there's been a pattern of rogue behavior.
pierre thomas, abc news, washington. and moving overseas now to a truly historic day, born out of the tumult of the arab springs. millions of people waited in line to vote if the first free presidential election people are saying, in 5,000 years, back to the pharaohs in egypt. mubarak was out now 15 months ago. today the turn-out was strong particularly among egyptian women, voters proudly showing their fingers dipped in blue. that was the proof that they were all part of this milestone day. there were 13 candidates on the ballot for president, ranging from the hard-line brotherhood to former members of the old government who want to keep ties to the west. early results are expected by the weekend. and there's also a story sparking outrage overseas. a man considered a hero by americans has been proclaimed a
traitor in pakistan. he's the doctor who put his life on the line to help the cia hunt down osama bin laden and now he faces 33 years in prison in pakistan. even though the u.s. sends pakistan many billions dollars of aid every year. americans are angry and speaking out. >> reporter: to many americans, he's a hero -- the man who helped find osama bin laden. but tonight, pakistani doctor shakil afridi is heading to prison. >> i think what the paks have done is despicable and is as ghoulish in their hatred as anything that i've ever witnessed. >> reporter: working with the cia, dr. afridi ran a fake vaccination program -- around bin laden's hide-out -- collecting dna samples from family members to establish if bin laden was inside. he passed key intelligence to the united states, and for that, pakistan charged him with spying. for months, u.s. officials have been calling for his release.
>> his work on behalf of the effort to take down bin laden was in pakistan's interest, as well as the united states' interest. >> reporter: but pakistan says afridi is a traitor, now sentencing him to 33 years behind bars. >> this action is unconscionable. this man is really an international hero. they should be erecting statues to him. >> reporter: ever since that daring night raid last may, pakistani officials have quietly erased any trace that bin laden was ever here. >> just over two months ago, pakistani authorities moved in with bulldozers, demolishing the entire compound. even though there is no physical evidence that osama bin laden once lived here, there are still serious questions that remain. questions like how bin laden could live here undetected for seven years. and why pakistan hasn't arrested a single person who sheltered him. muhammad lila, abc news, kabul. now back here at home, a consumer warning about a product
that might be in your home. the small colorful packets of laundry detergent. this one is tide. as you can see, it can look like candy to small children who have been eating them. after we heard about a surge of calls to the poison control centers in this country, we made some calls and got action today. here's abc's linsey davis. >> reporter: once again, here's that laundry detergent package, and here's a piece of candy. bright and colorful, even this container of the detergent resembles a candy jar. it is that similarity that likely enticed 19 month old isabella sutton to put one in her mouth this morning. >> yeah, candy, candy. i just figured they got into candy and they were eating candy. >> reporter: only minutes after it burst in her mouth, she was vomiting and had diarrhea. >> you don't think about safety-proofing laundry
detergent. >> reporter: rolled out this past february, this single-dose laundry detergent packets are advertised as an end to the mess, spills, and heavy jugs. but the american association of poison control centers says in the last 20 days, they've received nearly 180 calls, texas alone reports receiving 57 of those emergency calls since the beginning of the month. >> we've seen children that have significant vomiting, difficulty breathing, wheezing, coughing and several had to be put on ventilators to help them breathe. >> reporter: so far, no reports of death related to this. we did reach out to several of the manufacturers for comment and just got off the phone with tide. they say they plan to have new child-proof containers out this summer, but poison control isn't waiting. they say lock them up and get them out of sight now. >> but at least you got some action today. a nice day's work. good, thank you. tonight there's news about former first lady nancy reagan. we learned she's recovering
tonight from a fall and broken ribs. so how is the 90-year-old facing this new challenge? abc's david wright tells us about the woman admired by so many americans in her very private and public world. >> reporter: nancy reagan's accident happened six weeks ago. but the news only broke last night. >> she's tuning in to our live broadcast from home tonight on doctor's orders. >> reporter: when she was unable to attend a speech at the reagan library. so she's doing okay? >> yeah, yeah. >> everybody's worried about her. today we caught up with her daughter, patti davis. they once had a rocky relationship, but now they speak every day. what happened? >> i believe she got up in the middle of the night, which is when falls usually happen. >> reporter: must have been a scare for you. >> yes. i was told immediately that it was just her ribs. so my first reaction was i'm glad it wasn't worse. >> reporter: to republicans, ronald reagan's widow is almost
a patron saint. in 2007, she sat down with diane. >> has time made anything easier? >> no, it hasn't. if anything, it's gotten worse. i miss him a lot. >> reporter: she's had health scares before. just last year, she lost her footing. marco rubio caught her before she hit the floor. >> when you think of someone this age, their bones are not as strong. their bodies aren't as strong. recovery takes a lot longer. >> reporter: nancy reagan doesn't get out so much anymore. but she has plenty of visitors at home. a few weeks ago, her two children set aside past family squabbles for a reunion with her. >> the family is getting along and able to laugh and, you know, forgive and reminisce. it's a really great gift to have at the end -- toward the end of one's life.
>> reporter: now 90 years old, nancy reagan is still enjoying life. david wright, abc news, los angeles. >> and we wish her well. coming up, deadly rip current. as millions head to the beach this memorial day weekend, our ginger zee suits up and goes inside one to show you how to survive. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve.
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memorial day weekend is about to begin, and every summer, more than 100 people die in rip currents. in lakes and oceans. but tonight we want to show you a new invention, so much faster than a lifeguard. and abc's meteorologist ginger zee suits up to show all of us how to survive in the water. >> reporter: you're in the water, gasping for air, when suddenly a boogie-board sized device, heads your way, racing six times faster than a lifeguard can swim. you grab onto it, and it pulls afloat. it is emily, a remote controlled lifeguard and showing up at beaches this summer. zipping 24 miles per hour, it can even be dropped from a helicopter. >> it's a very good tool. you can use emily to go out and get someone. >> reporter: but as these life savors are rolled out, you'll be swimming this weekend or the
next. so here is what you need to know now to survive a rip current. surrounded by san diego's best in safety, above and below, we set out to get a real feel inside a rip current. i suited up, and hit the frigid water. here we go! now i really am in a rip current. in less than a minute, i was pulled almost a hundred yards from shore, traveling one to two feet every second. when you turn around you can see how far we are from the shore. from above you can see it. these are real images. the rip current is like a river flowing from the shore. it's not just oceans. rip currents form in great lakes too and always near piers and jetties. most people panic and try to swim straight back against the current. i tried that. >> my swimming is very labored. it's definitely not easy. and i'm making absolutely no progress.
so here is what you should do. relax, find the shore, and start swimming parallel to it. do not swim back the way you came. this is what you face head on, the full power of the current. rip currents aren't that wide. a few yards to 50 yards at best. so you can get out quickly. diane, this is worth emphasizing again and we apologize, a little low tech here. my elementary drawing, not something i thought i'd be doing. but watch this. the rip current forms perpendicular to the beach. most people panic, turn around, see the shore, they want to go back. do not do that. that's where people get in trouble. the best thing is at any point, look up, see the shore, and swim parallel to it. >> i know it's panicking, but look up, and swim parallel, straight parallel? >> and then it will stop pulling you out. you will feel the difference. the big tip, i've done stories for a long time and i learned
something in this one. the white caps, when those waves are starting to crash, then you know you're out of it. >> so the calm water is when you have to worry? >> correct. >> okay. thank you. this is really instructive. remember, parallel to the shore. thanks, ginger. coming up, the daredevil, you have to see to believe. the death-defying half-mile drop with no parachute. no parachute. , half-mile drop with no parachute. with no parac. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator, working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems.
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four climbers have already perished. what's happening? it may be climate change. they've had unusually low snowfall this year, less snow to anchor your feet when you're climbing, which is making the climb that much more exhausting for all the people trying to get up. there's a new world record tonight for falling out of the sky with no parachute. watch this. this is gary, a former stuntman, jumping out of a helicopter, plummeting nearly half a mile, breaking the 80 mile per hour descent with what's called a wing suit. he studied birds to mimic their gliding and less than one minute later, landed on a runway of cardboard boxes to cushion the impact. he had a parachute just in case, but he never used it. coming up, meet the super dogs who can smell your blood pressure and are saving lives. your blood pressure and are saving lives. t,
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finally, a brand new chapter in the amazing things dogs can do for human health. it seems dogs can actually smell your blood pressure, sensing if it's low and you're about to faint. abc's ron claiborne discovered the difference they can make. >> reporter: it's a common friendship, a young woman and her dog. shannon tomlinson and her 2-year-old lab clover. but watch, as something ordinary becomes extraordinary. clover nuzzles shannon. just a friendly sign of affection? no. look closely. she keeps going. insistently. until shannon lays down. shannon is about to pass out, and clover's warning may have just saved her life. >> she cares enough to tell me that my heart's having a problem and to lay down. >> reporter: shannon has a rare
condition in which her blood pressure drops suddenly. before clover, she fainted daily. wearing a helmet to protect herself. >> in a two-year span, i had 12, 13 concussions. >> they were life-threatening injuries. was one of those times going to be the last time? we didn't know. >> reporter: then last year shannon heard about dogs like clover, training at a nearby school. dogs that can actually detect swings in blood pressure. they start as puppies. about one in five, show clover's talent. they are an elite. and no one knows quite how they do it. experts think they might smell the human body change. >> what we believe is happening is that electrical and chemical changes in a person's body are causing some kind of scent that the dogs are detecting. >> reporter: and dogs have other superpowers, too. some have a nose for blood sugar. they help diabetics. others can predict seizures. watch as this dog pins down 16-year-old cissy cobb, an epileptic. >> okay, well, dawn's telling
you, "don't get up." >> reporter: shannon still passes out, but clover warns her every time. >> she's a gift from god. science can't explain this. >> reporter: a new kind of super dog, with an instinct to protect as old as the friendship between man and dog. ron claiborne, abc news, cochransville, pennsylvania. >> and they're working on detecting high blood pressure too. thanks so much for watching. "nightline" will be along later with bill weir and we'll see you back here again tomorrow night. goodnight. president ob krauma comes to skaly -- silicon valley to ask for money and he'll get plenty of it tonight. >> if jobs are the answer, hewlett-packard is raising troubling questions tonight with the biggest payroll purge in its history. >> california watch investigation, homeowners lost their houses to foreclosure
now facing double jeopardy. >> and i'm dying to be able to reunite and rebuilt. >> suspended sheriff ross mirkarimi opens up on the scandal that rocked his marriage and his career. >> this is live from redwood city. the first sitting president to visit since herbert hoover. streets are closed and so are some businesses tonight. >> this is mountain view. air force one is now within 10 minutes of touchdown as the president comes to silicon valley to launch a major campaign fund raising drive, good evening, everyone. >> the visit is the start of a massive new effort. the president holds a edge over mitt romney but it's shrinking. and he's scheduled to arrive at moffett field and will be whis