The end of a rainbow has been captured by an amateur photographer on his iPod in southern California - but there was no pot of gold to help the state out of its deepening financial crisis.

The auction of Rainbow Media's coveted stable of cable networks is under way, with firm bids due Jan. 16 and Barry Diller still considered the likely buyer of the Cablevision Systems group, which ...

"Although they were disappointed there was no pot of gold." Proving the theory of scientists, Kiera's photos showed that the end of the rainbow displayed absolutely nothing - not one piece of gold.