This program is 28 minutes long
(New York Stock Exchange: Anthony Mason) The job losses as a sign the economy is in a recession examined; scenes shown of the closed-down American Standard plant in Tiffin, Ohio; statistics on specific industries cited; details given about the tax rebate program; diagram shown of a “W” recession. [Unemployed worker Ron FATZINGER- comments on business going overseas.] [Moody’s economy.com Mark ZANDI- comments on gas prices.] [President BUSH – says we provided the economy with a booster shot.] [Standard and Poor’s economist David WYSS- says it will be a slow turn.]
(Capitol: Chip Reid) The Congressional hearing into profits for mortgage company executives while their companies went under and borrowers lost their homes reviewed; compensation for Countrywide CEO Angelo Mozilo, Merrill Lynch CEO Stanley O’Neal and Citigroup CEO Charles Prince cited. [Representative Henry WAXMAN – says CEOs hit the lottery when their companies collapsed.] [Executive compensation analyst Nell MINOW- says it’s appalling.] [MOZILO – defends his compensation.] [Representatives Patrick McHENRY, Darrell ISSA- question Mozilo.]
(New York: Michelle Miller) The investigation into the shooting death of University of North Carolina student Eve Carson featured; 911 call played; scenes from Chapel Hill and the vigil on campus shown. [Student Cassidy HURSEY- reacts.] [Chapel Hill police Chief Brian CURRAN- comments on the case.] [STUDENT – speaks of Carson.]
(Studio: Jon LaPook) The risk of falling for the elderly featured; statistics on hip fractures cited. [Patient Shirley KEEGAN- reacts to falling.] [CDC study author Judy STEVENS- notes the serious consequences.] The CDC’s recommendations for preventing injury discussed.
(Washington: Sharyl Attkisson) Whistleblower Dr. William LaCorte’s fight against “therapeutic interchange,” the practice by hospitals of switching prescription drugs in order to make money for themselves and drug companies, featured; details given about the swapping of Zantac with Pepcid at New Orleans’ Memorial Hospital, which had a "market share" deal with Pepcid maker Merck; Merck’s settlement with taxpayers cited. [LaCORTE – says it’s a widespread practice with multiple medications.]
(Modesto, California: John Blackstone) The mysterious die-off of honeybees featured; details given about the impact on crops that need pollination and about the theft of hives; map shown of colony collapse disorder. [USDA Jeffery PETTIS- says we can't point to a single factor as a cause.] [Double R Bees beekeeper Louise ROSSBERG- says she has lost her home and her vehicle.] [Adee Honey Farms Bret ADEE- says bees are a vital element to the production of food.]
(Hillsboro, Ohio: Steve Hartman) The story of Dustin Carter, who made it to the Ohio state high school wrestling tournament despite having no arms or legs due to a blood disease, presented; scenes and photos shown of him wrestling and lifting weights. [CARTER – recalls being a troublemaker before finding wrestling; says he’s a determined person; reacts to being at the tournament.] [Dustin’s father Russ CARTER††, coach Nate HORNE††- comment on Dustin.]
(Studio: Katie Couric, Steve Hartman) This story and next week’s segment discussed.