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Economy: The Bailout / Global Finances #911594

CNN Evening News for Friday, Nov 14, 2008
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[Representative Elijah CUMMINGS - outlines concerns about the bailout.]

(Studio: Anderson Cooper) The hearings on the Treasury Department's rescue plan, the auto industry's plea, President Bush's hosting of a global economic summit in Washington, DC and the request for bailout money from the mayors of three major cities reported.

(Studio: Anderson Cooper) Report introduced.

(Studio: Ali Velshi) The mayors' request for bailout money from the federal government along with the automakers, which employs a lot of people and questions about giving money to the carmakers and confused taxpayers reviewed and discussed.

(Studio: Anderson Cooper) Live discussion held with Richard Quest about the global economy on the eve of the Washington, DC, meeting. [QUEST - talks about unemployment in Britain, the destroyed housing market and a world feeling that the US and the current administration is to blame; outlines the philosophy difference of opinion between Europe and the American administration.]

(Studio: Anderson Cooper, Ali Velshi) The question of why not let the car companies go bankrupt and restructure with the danger that an automaker might fizzle out in bankruptcy discussed.

Cooper, Anderson;
Velshi, Ali;
Ali, Anderson Cooper,

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