This program is 28 minutes long
(Studio: Anthony Mason) The increase in consumer confidence sparked by rising home prices and stock values examined; home price statistics for several cities cited. [Park Cities Ford Jeff ENRIGHT– comments on increased sales.] [Bank of America/Merrill Lynch economist Michelle MEYER- says the economy is continuing to heal at a faster pace.] The rise in the Dow for the 20th consecutive Tuesday noted. The healing of the housing market discussed.
(Studio: Norah O’Donnell) Report introduced.
(Oakland, California: John Blackstone) The bidding wars over housing in San Francisco between first-time buyers and all-cash buyers featured; statistics on cash buyers and median sales price in Oakland cited; details given about the impact of low interest rates. [Home buyer Sara MERTZ- says there’s not a lot on the market.] [Real estate agent Patrick LEAPER- says it’s wonderful for sellers and bad for buyers.]
(No location given: Elaine Quijano) The indictment of the operators of the Liberty Reserve online money-laundering business in Costa Rica that was used by the ring that stole millions from ATMs around the world featured; details given about how the system worked after the money was sent to exchangers in Nigeria, Russia or Vietnam. [IRS investigator Richard WEBER- says this is how Al Capone would be hiding his money.] [US Attorney Preet BHARARA- describes how an undercover agent registered an account.] The role of mastermind Arthur Budovsky noted.
(Pentagon: David Martin) A cyber security report saying that hackers, likely from China, stole the designs for American weapons systems reviewed; Defense Science Board report quoted.
(Mantoloking, New Jersey: Michelle Miller) The dispute in Mantoloking, New Jersey over the Army Corps of Engineers plans to extend the beach to help prevent damage from future storms featured; diagram shown; details given about opposition from residents concerned that their property values will drop. [Resident Mike BECKER – comments on building a rock wall to protect his house.] [Mantoloking town council president Steve GILLINGHAM- says we have evidence that the replenishment has worked.]
(Estes Park, Colorado: Dean Reynolds) The Alpine of the Americas photography project that compares historic photos of glaciers to recent images to document the changes featured; scenes and photos shown; details given about the ice retreat in California’s Sierra Nevadas and in Patagonia's Andes Mountains. [Photographer Jonathan BYERS- says it gives us a way to see a glacier, a snowfield that used to exist 50-100 years ago that's no longer there.] [Photographer Ned LeBLOND- says we’re helping scientists tell the story because the graphs, charts & math are incomprehensible to many.]