This program is 29 minutes long
(Studio: Betsy Stark) The historic move by the Fed to prevent a recession examined; details given about the drop in the overseas stock markets and about the Fed's reasoning for slashing rates. [Harris Bank CIO Jack ABLIN, MAN, Treasury Secretary Henry PAULSON - assess Federal Reserve Board chairman Ben Bernanke's action.] The status of the president's stimulus package with the possibility of a tax rebate and business tax breaks discussed.
(Studio: Charles Gibson) Report introduced.
(New York: David Muir) The panic mode for stock market investors examined; details given about advice from analysts. [Retiree Marti FRITZ - reacts.] [Analyst Arthur CASHIN - comments.] [Financial planner Karen ALSTUTZ- offers advice.]
(New York: John McKenzie) The reasons for the decline in heart deaths examined; details given about treatment, prevention and the use of drugs to control blood pressure and cholesterol. [American Heart Disease Dr. Daniel JONES, Cleveland Clinic Heart Inst. Dr. Mark GILLINOV- comment on heart treatment.]
(Greenville, South Carolina: Kate Snow) The bickering between Democratic presidential candidates Senator Hillary Clinton and Senator Barack Obama the day after their South Carolina debate featured; scenes shown from their arguments during the debate. [CLINTON - says Obama came looking for a fight.] [In debate, OBAMA - speaks about President Ronald Reagan.] [CLINTON - criticizes Obama, the lawyer.] [John EDWARDS - comments.] [In South Carolina, former President Bill CLINTON - says politics is a contact sport.] [Today, on a radio show, voice of OBAMA - responds.]
(Studio: Charles Gibson) Fred Thompson's dropping out of the Republican race noted.
(New York: John Berman) Ledger's death and career reviewed; film clips shown from "Brokeback Mountain" and his earlier and current films.
(Hollywood: Brian Rooney) The question of whether there will be a televised Oscar show because of the writers strike examined; nominated film clips and picketing Hollywood writers shown. ["Daily Variety" Stuart LEVINE- comments on the big day.] [Oscar telecast director Gil CATES- talks about the material for an Oscar show.] ["Dan in Real Life" writer Pierce GARDNER- cites the sense of urgency.]
(Washington: Lisa Stark) New research on the effectiveness of over-the-counter cough medicines examined; TV ad shown. [University of Bristol clinical lecturer Dr. Knut SCHROEDER- says consumers may be wasting their money.] [Two cough medicine USERS, family physician Dr. Rick KELLERMAN- comment on the use of cough medicine.]