This program is about 1 hour long
(Chicago: Jessica Yellin) The importance of a Democratic win in the Alaska Senate race for the power shift and reports that Eric Holder will be named attorney general by President-elect Barack Obama reviewed; details given about Holder's baggage from the Clinton years.
(Studio: Anderson Cooper) Report introduced.
(Studio: Ali Velshi) The appeal to Congress by the auto industry for an economic bailout and how the bailout money already allocated will be spent reviewed and discussed; details given about the grilling of Treasury Secretary Henry Paulson's reversal on how to spend the money. [PAULSON, FDIC chairman Sheila BAIR- offer views on how to spend the bailout money.] [PAULSON - says we changed the strategy.] [Ford Motor Co. CEO Alan MULALLY- outlines what could happen to the entire auto industry.]
(Studio: Anderson Cooper) Live discussion held with "Fortune" magazine editor Andy Serwer about the bailouts. [SERWER - talks about Paulson's view of the bailout to aid the banks, not the homeowners; states we don't know if the bailout has worked so far in stabilizing the market; indicates President-elect Barack Obama has no power over the money at this time; comments on the option of letting GM go bankrupt.]
(Studio: Erica Hill) How the California wildfire started; the Democrats' decision to allow Senator Joseph Lieberman to keep his committee chairmanship and the opening of military airspace for holiday travel reported.
(Studio: Anderson Cooper) Keeping Them Honest segment introduced.
(Washington: Tom Foreman) The arguments for and against bailing out the auto industry examined; different statistics on the numbers of jobs related to the auto industry cited.
(Washington: Drew Griffin) How Stevens will still get a huge government pension despite his felony conviction reviewed; details given about the narrow definition of the ethics reform bill. [National Taxpayers Union Pete SEPP- says ethics reform is about appearance only.] How at least 20 convicted felons from Congress are still getting pensions discussed; photos shown.
(Washington: Samantha Hayes) The books Obama is reading about President Franklin Roosevelt and Doris Kearns Goodwin's "Team of Rivals" about Lincoln featured; details given about how Obama is being compared to FDR. [On "60 Minutes," OBAMA - talks about FDR's willingness to try things and Lincoln's wisdom.]
(Studio: Anderson Cooper, Jeffrey Toobin) The legal questions about the boy's murder case and the legality of the interrogation discussed; further excerpts from the tape played.