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 | Hi everyone. I hope you’ve had a great week. The auto bailout legislation stalled in the Senate overnight, but that doesn’t necessarily spell doom for the Big Three automakers. Today, the Bush administration signaled it would consider using some of the financial industries bailout to keep the automakers afloat. Sharyl Attkisson has the very latest and today I interviewed United Auto Workers President Ron Gettelfinger to find out his take on why the Senate bill failed – and what’s next. Plus, Cynthia Bowers is in Detroit talking to workers in other businesses who depend on the auto industry to make a living. Can they survive if the Big Three don’t get a bailout – and soon? There’s a new development in the “Pay for Play” scandal involving Illinois Gov. Rod Blagojevich. Today, that state's attorney general, Lisa Madigan, asked the courts to help strip Blagojevich of his powers. Could this actually happen? Dean Reynolds explains. If you've never heard of a "Ponzi Scheme," you won't forget what it is after tonight. A Wall Street guru – a former Nasdaq chairman – allegedly masterminded the largest investment swindle in history. Bernard Madoff is accused of defrauding investors out of as much as $50 billion. Chief Investigative Correspondent Armen Keteyian tells the stories of some investors who’ve lost all their money in this scheme. Finally, we'll introduce you to a man who's the envy of all his friends – and who would be the envy of 10-year-olds everywhere. He quit his day job as a corporate lawyer to pursue his true passion – turning Lego blocks into spectacular works of art. Have a great weekend!
Katie Couric
CouricandCo@cbs.com
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