This program is 28 minutes long
(Chicago: Savannah Guthrie) The unveiling of President-elect Barack Obama's plan for the economy with Tim Geithner expected to be named treasury secretary, with Lawrence Summers heading the National Economic Council and New Mexico Governor Bill Richardson at Commerce featured; details given about the economic problems and the first features of the program to rebuild the infrastructure. [OBAMA - says we are facing an economic crisis of historic proportions; comments on jump starting job creation.] [On "This Week," incoming White House adviser David AXELROD; on "Face the Nation," Obama economic adviser Austan GOOLSBEE; on "This Week," Senator Richard SHELBY; on "Meet the Press," Obama transition team adviser William DALEY- comment on the scope of the economic plan.] [Financial Services Forum Rob NICHOLS- likens this to surgery.]
(New York: Margaret Brennan) The predictions for this holiday shopping season previewed; details given from MasterCard about the drops in early sales figures. ["SmartMoney" magazine Russell PEARLMAN- says the consumer is retrenching; states we need to see stabilization in employment.] [MasterCard Spending Pulse Michael McNAMARA- talks about the stall trend in purchases.] Lower gas prices cited.
(Chicago: Kevin Tibbles) The impact of the auto industry's problems on car dealerships featured; scenes shown from the Minneapolis area where six of Denny Hecker's dealerships closed due to the bad economic news. [Ford Expedition owner Mike OST- comments.] [National Automobile Dealers Assn. David HYATT- says dealerships are a large part of the economy.]
(Decatur, Georgia: Jim Popkin) The fraud of turning back car odometers featured; Carfax statistics on odometer tampering cited. [Georgia used car buyer Shirley SAUNDERS, Carfax Larry GAMACHE- comment on this fraud.]
(New York: Jenna Wolfe) The recycling of New York City subway cars as underwater artificial reefs featured; scenes shown of the cars being loaded on barges and later dumped into the Atlantic Ocean off the coast of Georgia and of older artificial underwater reefs. [New York City Transit Mike ZACCHEA, Georgia department of natural resources Spud WOODWARD- talk about the environmental program.]