This program is 28 minutes long
#887611
(Studio: Betsy Stark) The burst of optimism at the market in response to actions of the Federal Reserve Board featured; details given about the Fed's loans to banks using bad mortgages as collateral. [Johnson Illington Advisers chief market strategist Hugh JOHNSON†- says it is encouraging.] [Wrightson ICAP economist Lou CRANDALL†- comments on the credit and housing markets.]
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(New York: Brian Ross) The linking of New York Governor Eliot Spitzer to a prostitution ring examined; details given about his making of a deal to step down as governor, the comments from an escort who had dealings with Spitzer, his violations of money laundering laws and his tough approach to law enforcement as attorney general. [Representative Peter KING - comments on Spitzer's lust for power.] [Former federal prosecutor Sean O'SHEA†- talks about the crime.] [In 2006, SPITZER - comments on his approach to crime.]
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(Pentagon: Jonathan Karl) The resignation of US Central Command commander Adm. William Fallon due to his clashes with the Pentagon and the White House over the wars in Iraq and Afghanistan examined; details given about his "Esquire" magazine article, his clashes with multinational forces-Iraq commander Gen. David Petraeus and about his arrogance. [Secretary of Defense Robert GATES - calls charges about a war with Iran "ridiculous."] [With Martha Raddatz, FALLON - says the focus on Iraq has left Afghanistan neglected.]
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(Philadelphia: Jake Tapper) The reaction of Senator Barack Obama to comments from a member of Senator Hillary Clinton's team, Geraldine Ferraro, examined; Ferraro's statement about Obama's race and Obama's response quoted. [FERRARO - denies being racist.] [Obama senior adviser David AXELROD†- criticizes the Clinton campaign's negative comments.] [In Pennsylvania, CLINTON - says we need to stay focused on the issues and staff members have to be reined in.]
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(New York: Dan Harris) Why politicians get involved in scandalous behavior and why the wives stand by their men examined; details given about the scandals involving Senators David Vitter and Larry Craig, New Jersey Governor Jim McGreevey and President Bill Clinton and their wives. [Psychologist Deanna KIRSCHNER†- assesses why they do this.] [June 20, 2004, on "60 Minutes," CLINTON - says he did it because he could.] [Ex-wife Dina McGREEVEY - comments on her situation.] [ABCNews Cokie ROBERTS†- explains why the wives do it.]
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(New York: Sharyn Alfonsi) Spam via text messages examined; examples cited. [Cell phone buyer Doug FONAMAN‡, anti-spam expert Hugh McCARTNEY, teen Alex FORD - comment on the mobile spam.]
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(Somerset, England: Nick Watt) The crime wave in England of the theft of farm tractors featured; details given about how one key fits all the tractors. [Gloucester Constabulary Officer Richard GODDARD†, investigator Tim BURBRICK‡- comment on this crime.]
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