Friday, December 12, 2008

The largest investment swindle in history...that story on The CBS Evening News with Katie Couric

 

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(CBS) QUOTE OF THE DAY
"We must be careful to build our life around our visions, rather than building our visions out of our history."
- Alan Cohen


DID YOU KNOW?

The largest movie theater in the world, Radio City Music Hall in New York City, opened in December, 1932. It originally had 5,945 seats


TONIGHT ON THE CBS EVENING NEWS

Here’s an early look at what we are working on for tonight’s broadcast from Anchor and Managing Editor, Katie Couric

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, Steve Hartman will 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. It’s our Assignment America.

Have a great weekend! Katie

For more information on these stories, please click on the following links:

Illinois AG Wants Blagojevich Removed
Click Here

Despite Senate Loss, Union Head Sees Hope
Click Here

Here’s an early look at one of the stories we are working on for Monday’s broadcast of The CBS Evening News We have a story about a small town, a big company and a frightening medical mystery. Why are so many people in one place suffering from a deadly illness? That story and more, next week only on The CBS Evening News.

If you would like more information on any of these stories or the broadcast, please click on the following address and e-mail us: evening@cbsnews.com

THIS WEEKEND ON THE CBS EVENING NEWS

THE SATURDAY EVENING NEWS

Jeff Glor anchors from New York.

In addition to the latest news, here are some of the stories we are working on:

BUSINESS BARTER Caught in the credit vise of 2008 that is threatening their livelihoods, small-business owners are turning in droves to an age-old source of commerce, bartering to hold on to their precious cash. Participating vendors trade goods - we talk to a California baker who bought his oven for brownies - and services - we’ll talk to a New York florist who uses barter “dollars” to buy dental care. Jeff Glor reports.

ROSENWALD SCHOOLS They were named after the former head of Sears, Julius Rosenwald, who gave financial assistance to build schools for black students in the pre-civil rights era, when there often weren't proper places for them to study. His philosophy was to offer kids a hand up, not a handout. Mark Strassmann reports.

TEST ADS Public schools have been plagued by budget problems for years. But the escalating financial crisis is making the school budget problems dire. John Blackstone introduces us to one teacher who's found an innovative way to keep his kids in business.

THE SUNDAY EVENING NEWS

Due to Sports Programming, Priya David anchors a West Coast only broadcast from New York.

WALL STREET STRESS The people working in the finance world face more stress everyday with the wild fluctuations of the market and the uncertainty of their future employment. Some are find relief in the ring - the boxing ring. They can get out all their aggressions and frustrations, and don’t have to worry about anything else. Others are hedging their bets and heading back to school - bartending school. Alexis Christoforous reports.

TIDAL TURBINES Priya David looks at one of the latest technologies in renewable energies: tidal turbines. Verdant Power is the first company in the US to provide commercial energy by harnessing the tidal currents in New York’s East River, providing power to nearby Roosevelt Island. The company is now partnering with New York City’s subway system, its biggest venture yet.

If you would like more information on any of these stories or the broadcast, please click on the following address and e-mail us: evening@cbsnews.com


TONIGHT ON DAVID LETTERMAN

Join Dave tonight with Actress Meryl Streep and Comedian Jeff Altman!


TOMORROW ON THE EARLY SHOW

Chris Wragge Erica Hill , anchor Priya David reports the news and Lonnie Quinn brings us the weather.

Here’s an early look at some of the stories we are working on for Saturday’s broadcast of The Early Show.

Holiday Tipping: Our financial advisor Ray Martin takes the guesswork out of giving a little holiday green to the people who take care of us all year long.

Cold Comfort - Flu IQ: Part 3 of our HealthWatch series tests viewers' knowledge of the flu, in a game show format. Health columnist and author Dr. Ian Smith provides the answers and explanations.

Saturday Bargainista - Cell Phone Deals: There are all sorts of cell phone plans that seem like good bargains, but how do you know which one to choose? We'll get some straight talk from Paul Reynolds, electronics editor at Consumer Reports.

DIY Greeting Cards: AOL's Online Advisor Regina Lewis will show us some new software for creating holiday cards at home, even if you don't have much time, money or artistic talent.

Going Green - Home Offices: Danny Seo, who specializes in environmentally-friendly living, shows us how to create a paperless home office.

Second Cup Cafe - Brian McKnight: The multi-platinum R & B singer, along with his two sons, performs songs from his new CD, I'll Be Home for Christmas.

Trinity Choir - A 25-member ensemble from the historic Trinity Church in New York City performs holiday music acapella on our plaza.

Gift Wrapping - If you're all thumbs when it comes to making presents look pretty, help is on the way. Sandy Sandler invented the Bowdabra, a device for creating fancy bows, and she has all kinds of other tricks for gift-wrapping like a pro.

Chef on a Shoestring: Tony Mantuano, co-author of Wine Bar Food, is the chef and owner of the four-star restaurant Spiaggia in Chicago. He will have a $40 budget to make a three-course meal for four. Menu: Whipped Baccala on Crostini; Flaming Anisette Shrimp; Pasta with Spinach & Pecorino Romano Cheese; Mascarpone Cheese-Filled Dates with Chocolate.

If you would like more information on any of these stories or the broadcast, please click on the following address and e-mail us: sat@cbsnews.com


SATURDAY ON 48 HOURS MYSTERY, 9pmET/8CT

Here’s an early look at what’s coming up on Saturday’s 48 HOURS MYSTERY, Invitation to a Murder:

When Mark Winger fatally shot an intruder he was hailed as a hero. The nuclear engineer says he was in the basement of his picturesque Springfield, Ill. home when he heard a thump. Racing upstairs, Winger grabbed his gun and was faced with his worst nightmare when he discovered a man beating his wife Donnah with a hammer in a horrific scene that ultimately ended in the death of both his wife and her killer.

It seemed like an open and shut case of self defense and Winger was quickly cleared of any wrongdoing. But one rookie investigator believed that there was more to the story. Unable to let go of this hunch, he relentlessly tried to get the case reopened, but to no avail, until four years later, when a new witness helped put the pieces together and expose a shocking truth: Mark Winger was the mastermind behind a complicated plot to murder his own wife.

As new dramatic developments have emerged 48 HOURS MYSTERY has gone beyond the broadcast to document the case in more detail in the book Invitation to a Murder by producer Gail Abbott Zimmerman. Available in bookstores now, Invitation to a Murder is the fourth release in the 48 HOURS MYSTERY series published by Pocket Books, a division of Simon and Schuster.

Richard Schlesinger reports on these new developments as part of a special presentation of 48 HOURS MYSTERY, Invitation to a Murder.

(Please note: This 48 HOURS MYSTERY is part of a SPECIAL doubleheader beginning at 9pmET with: 48 HOURS MYSTERY, Deadline for Justice - Harold Dow reports on two remarkable and haunting cases of murder that could be connected.)

If you would like more information, please click on the following address and e-mail us at: 48hours@cbsnews.com


HERE'S WHAT WE HAVE PLANNED FOR SUNDAY MORNING

CHARLES OSGOOD ANCHORS FROM NEW YORK

WPA: Last weekend, faced with a collapsing economy, President-elect Obama said “We need action-and action now.” 75 years ago, another new President, Franklin Roosevelt, faced with the Great Depression, addressed the nation in similar words: “This nation is asking for action - and action now.” Those words led to the creation of the Works Progress Administration - known as the WPA. It put 8 and a half million people back to work in projects that dot America today. And it lifted the country out of starvation and poverty. With President-elect Obama proposing a half trillion dollar program to put America back to work, Chip Reid takes a look back at the WPA to find what guidance and counsel it may provide him and us in our current demanding times.

SUNDAY ALMANAC: A page from our Sunday Morning Almanac ... December 14th, 1911 . . . 97 years ago. . . a day of victory in a life-or-death race.

SUPERSTAR: After playing the lead role in the stage production of Jesus Christ Superstar and in the 1973 movie, Ted Neeley has taken the stage as Jesus more times than he can count...and at age 65, he can still hit the high notes. Tracy Smith profiles a man who's had a career of biblical proportions.

TIS THE SEASON: MOVIES: David Edelstein with what to take in at the box office this holiday season.

MAKING WAVES: Billionaire Larry Ellison is on a mission to bring home yacht racing’s most coveted prize, the America’s Cup and he’s spending a fortune doing it. Jerry Bowen reports.

EMILY POST: Martha Teichner takes a look back at etiquette expert Emily Post.

ROBERT WAGNER: For as long as he can remember, Robert Wagner wanted to be in the movies. And for just about as long as anyone can remember, he has. For 60 years, Robert Wagner has been on screen large and small. Behind the scenes, he’s led a life that would make an intense Hollywood drama - loves and lives lost, and friendships with some of the most important people in the movie business. He married the late actress Natalie Wood twice and was welcomed to Hollywood by screen legends Cary Grant and Clark Gable. Michelle Miller learns it all from the 78 year old actor in his secluded home in Aspen, Colorado.

COMMENTARY: We don't yet know whether Detroit's Big Three have really reached the end of the road. What we do know is that Senior Political Correspondent Jeff Greenfield has been giving that possibility a lot of thought.

GINGERBREAD: Known as the Gingerbread Lady, 82-year-old Johanna Shalloway has been making amazing houses and intricate cookies for decades. . . she even makes presidents in gingerbread. Now living in Charlottesville, Virginia, her cookie cutter collection sits at more than 1,600. . . and she is always looking for more. This Sunday Morning, Susan Spencer will take you to meet the delicious Gingerbread Lady.

NATURE: Swans in Wyoming

If you would like more information on any of these stories or the broadcast, please click on the following address and e-mail us: sundays@cbsnews.com


SUNDAY ON FACE THE NATION

BOB SCHIEFFER MODERATES FROM WASHINGTON, D.C.

This week CBS News Face the Nationwill focus on the two big stories of the week: We'll look at the future of the Illinois Governor Blagojevich with the Illinois Attorney General, Lisa Madigan, who wants him to step down and has gone to the Illinois Supreme Court to try to force him to do so. We'll also talk with Georgetown University Sociologist Michael Eric Dyson about the impact this scandal will have on President Elect Obama and on Congressman Jesse Jackson Jr. Then we'll turn to the situation with the auto companies: Will they get a bailout, or go under? We'll talk with three influential Senators about the prognosis: Senator Carl Levin, Democrat of Michigan, Senator Bob Corker, Republican of Tennessee and Senator Sherrod Brown, Democrat of Ohio. There will be, as always, a final word. That's all on Face the Nation, this Sunday, with Bob Schieffer.


SUNDAY ON 60 MINUTES, 7:00PM/6:00PM CT

BARNEY FRANK -- Lesley Stahl talks to Rep. Barney Frank (D.-Mass.), whose position as House Financial Services Committee Chairman puts him right in the middle of the huge and controversial government bailouts, first for the financial industry and now for Detroit's automakers.

WHERE’S THE BOTTOM -- The mortgage mess that touched off the financial meltdown is far from over, with a second wave of expected defaults on the way that could deepen the bottom of this recession. Scott Pelley reports.

WIN FOREVER -- Byron Pitts profiles USC college football coach Pete Carroll, who, in addition to his success in making the Trojans a football dynasty, is making positive contributions toward decreasing gang violence in Los Angeles.


MONDAY MORNING ON THE EARLY SHOW

Julie Chen, Maggie Rodriguez, Harry Smith, Russ Mitchell will anchor the EARLY SHOW from New York. Dave Price will bring us the weather.

Along with the top stories, we are currently working on the following segments:

HOME INVASIONS: HOW YOU CAN PROTECT YOUR FAMILY - According to the FBI, there are more than 2 million burglaries every year...and most of them are happening in homes, in safe residential areas. Often times, the crooks are walking right through the front door, without homeowners ever knowing it. Consumer correspondent Susan Koeppen will join us to tell you why it’s happening more this time of year and the simple ways you can protect your family and secure your home.

ACTRESS EVA MENDES LIVE IN THE STUDIO - From Denzel Washington and Johnny Depp to Will Smith and Nicholas Cage, actress Eva Mendes has worked with some of the Hollywood's hottest leading men. Now Mendes is going the comic book route, costarring with "The Spirit.” She will join us live in the studio to talk about her new role, and

WINNER OF SURVIVOR - The 17th season of the hit CBS show “Survivor” airs its season finale on Sunday, and Monday, we will be speaking to the million dollar winner, live in our studio!

INTERNATIONAL COOKING: FRENCH - This week on the Early Show we are learning what different chefs do from around the world to celebrate the holidays. Today we are taking a look at the festivities in France. And to do that we have famed pastry chef, and author of Chocolate Epiphany, Francois Payard to tell us what and how the French serve up the season.

THE PERFECT GIFT FOR A HOSTESS - Attending a party and want to bring something for the host or hostess? Our “Perfect Gift” series continues on Monday with a look at unique and inexpensive gifts that are appropriate for any host.

YO YO MA PERFORMS WITH ALISON KRAUS - Grammy winner performer Yo Yo Ma will be joining us live to perform a duet with country music singer Alison Kraus.

If you would like more information on any of these stories or the broadcast, please click on the following address and e-mail us: earlyshow@cbs.com



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