Tuesday, November 18, 2008

CBS Evening News with Katie Couric E-Mail Alert


Hi everyone,


Detroit's Big Three automakers went to Capitol Hill today, pleading for a lifeline – about $25 billion – to keep their companies afloat. Executives from GM, Ford and Chrysler warned a Senate committee the entire economy – and even national security – could suffer if they don’t get help … and soon. Anthony Mason has the latest on the automakers' pleas for cash.


Also on Capitol Hill today, Treasury Secretary Henry Paulson and Fed chairman Ben Bernanke defended their decision to abandon plans to purchase toxic mortgage debt in favor of direct investments in banks. Secretary Paulson said he had reservations about using some of the $700 billion bailout to stem soaring foreclosures or help the ailing auto industry. He also said the U.S. economy has "turned a corner.” Jim Axelrod has that story.


You've heard so much about this country's dire financial situation, but what's really behind the credit crisis? Wyatt Andrews tells the story of the real problems with the consumer credit market, and why they're making it harder for you to get a loan.


Turning overseas, there’s a new era of piracy off the coast of Africa. In the past two days, Somali pirates have hijacked a Saudi oil tanker and now, an Iranian cargo ship. Sheila MacVicar examines how and why the pirates have been able to pull off these spectacular crimes.


In medical news: Life expectancy for those living with cystic fibrosis has lengthened dramatically in recent decades. Now, as many patients enter adulthood with what's been considered a childhood disease, Dr. Sanjay Gupta meets one patient … who's following his dreams.


Finally tonight, it's a tween phenomenon that started with a simple young-adult novel – a love story involving vampires. Now it's spurred a clothing line, a candy bar and a movie that's leaving fans thirsting for more. Sandra Hughes has the story.


See you tonight,


Katie Couric


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