This program is 29 minutes long
(New York: Erin Burnett) Inflation in the economy featured; statistics on consumer prices and energy costs cited. [Federal Reserve Board chairman Ben BERNANKE – says inflation is too high.] [CNBC’s Steve LIESMAN- comments on falling gas prices.] Stock Market Report. Profits for Well Fargo bank noted.
(Studio: Ann Curry) Report introduced.
(Encino, California: Jane Wells) Concern about banks in light of the IndyMac failure examined; details given of the FBI’s investigation of banks for fraud; scenes shown of IndyMac customers trying to get their money back. [IndyMac depositor Ian JOHNSON, FDIC associate ombudsman Rickey McCULLOUGH- comment on holds on accounts with money in trusts.] [CNBC personal finance contributor Carmen Wong ULRICH, former FDIC chairman William ISAAC- offer tips for checking the safety of your money.]
(Washington: Tom Costello) The FAA’s order for commercial airlines to make fuel tanks safer 12 years after the explosion of TWA Flight 800 featured; scenes shown of the remains of Flight 800; diagram shown of the ignition of Flight 800’s fuel tanks. [NTSB chairman Mark ROSENKER, Secretary of Transportation Mary PETERS- comment on the new rule.] [FAA certification director John HICKEY- comments on the system that injects nitrogen into the tanks.] [Former FAA chief of staff Michael GOLDFARB- criticizes the FAA’s delay in issuing the rule.]
(Cincinnati: Kelly O’Donnell) Senator John McCain’s appearance at the NAACP Convention in an effort to win African American votes reviewed; scenes shown of earlier campaign visits to Alabama and Memphis and of an exchange with a woman at the NAACP; poll on race relations cited. [McCAIN – praises his opponent Senator Barack Obama.] [Black Republican Michael STEELE- reacts to McCain.]
(Studio: Robert Bazell) A "New England Journal of Medicine" study comparing 3 popular weight loss diets reviewed; details given of the findings on low fat, Mediterranean and Atkins-type low carbohydrate diets. [Dieter Tammy MUNGEN- comments.] [Harvard School of Public Health Dr. Meir STAMPFER- says there is no evidence that the low fat diet has any advantage.] These findings, types of fats and the funding of the study by the Atkins Foundation discussed.
(Prince William County, Virginia: Pete Williams) The foreclosure process examined; scenes shown of Prince William County, Virginia, Deputy Sheriff Mark Hurd†† delivering an eviction notice and an auction at the courthouse. [HURD, Prince William County Deputy Sheriff Ron CHRISTOFANO†- describe the difficulty of evicting people.] [Evicted HOMEOWNER – reacts.]
(Germantown, Maryland: Anne Thompson) The ongoing investigation of the disappearance of honeybees due to Colony Collapse Disorder featured. [Beekeeper Randy OLIVER††- comments.] [Researcher Jeff PETTIS††- says there is not a clear picture of what is causing this disorder.] [Farmer Wade BUTLER – notes the importance of bees to his business.]