This program is 28 minutes long
(Studio: Betsy Stark) The announcement of a comprehensive program to help homeowners who are behind in their mortgage payments featured; details given about the eligibility requirements. [Federal Housing Finance Agency director James LOCKHART- announces a simple loan modification program.] [Representative Carolyn MALONEY - says there has not been enough focus on helping people stay in their homes.] [CitiMortgage CEO Sanjiv DAS- comments.] ["Inside Mortgage Finance" published Guy CECALA- cites the pressure on lawmakers.] The reluctance by banks to change the terms of a mortgage explained.
(Chicago: Chris Bury) Talk of a bailout plan for the auto industry featured; details given about the cost of a bailout versus the cost to the economy of letting a big automaker fail. ["Business Week" Roben FARZAD- speaks about "creative destruction" and the brutal nature of capitalism.] [Center for Automotive Research director David COLE- comments on the auto industry and what is in the best interest of the economy.]
(White House: Jake Tapper) A dispute over the details of President-elect Barack Obama's meeting yesterday with President Bush about the economy featured; scenes shown of Obama at a war memorial in Chicago with Iraq war veteran Tammy Duckworth; details given about Obama's transition team and the funding for it. [Voice of Obama transition team co-chair John PODESTA- says we are announcing strict ethics rules.] [OBAMA - says lobbyists will not run my White House.] [On "This Week," Obama chief of staff Representative Rahm EMANUEL- says the American people need economic help.]
(Studio: Charles Gibson, George Stephanopoulos) The issue of another big economic stimulus package that could include infrastructure, tax cuts, alternative energy and unemployment extension discussed.
(San Diego, California: Bob Woodruff) A new program to find new careers for the wounded veterans of the war in Iraq featured; scenes shown from the Naval Medical Center in San Diego. [Army Sgt. Joe GRACIA- comments on his wounds and recovery.] [Transition Training Academy director Richard REYNOLDS- explains the approach of the IT training program; states the veterans want to participate.] [With PTSD, retired Marine Sgt. Guillermo NAVA- comments on his situation and his remembrances from the war.]
(Washington: Lisa Stark) The spread of this superbug C. difficile bacteria featured; details given about aggressive measures being taken by hospitals and the precautions people in and visiting hospitals can take. [Daughter Kathy CARROLL-JOSENHANS- talks about her father's infection.] [Study author William JARVIS- says the data was surprising.] Beth Israel Medical Center infecting control Dr. Brian KOLL- cites the decrease in infections.]
(Frankfurt: Jim Sciutto) The story of 84-year-old Fred Wolf, who is a Holocaust survivor who spent three years in the death camps, presented; scenes shown from Frankfurt, Germany, of the new memorial at the site of IG Farben's plant and of Fred bagging groceries in Los Angeles. [WOLF - talks about his survival; states this is a big wound healed.]