This program is 29 minutes long
(London: Mark Phillips) The plans for the resumption of flights in European air space despite the volcanic ash & the debate over the dangers to planes from ash examined; scenes shown of the ash cloud. [Earth sciences expert David ROTHERY- comments on the status of the eruption.] [In London, TRAVELLER - comments.] [International Air Transport Assn. Giovanni BISIGNANI- calls it a "European mess."]
(Studio: Katie Couric) The global impact of the air gridlock reported; business statistics cited.
(London: Richard Roth) The disruption from the eruption examined; details given about Kenya's flower business, losses for air freight cargo & courier systems. [CBS travel editor Peter GREENBERG- talks about the shipping.] [New York Air Brake purchasing director Bob MAJO, video conference businessman Mark DIXON- talk about their businesses.]
(Washington: Nancy Cordes) The fight in Congress over financial reform examined in light of the government fraud suit against Goldman Sachs; details given from a letter from 40 Republican senators against partisan legislation, the tenets of the reform bill & a multi-billion dollar fund for banks. [Senators Chris DODD, Susan COLLINS, Mitch McCONNELL, President OBAMA - comment on the reform bill.] [Brookings Inst. fellow Douglas ELLIOTT- assesses the bill.]
(Studio: Katie Couric) Live interview held with "The Big Short" author Michael Lewis about Goldman Sachs. [LEWIS - says it is improbable one employee, Fabrice Tourre, is responsible because these bond transactions are complex & other big Wall Street firms were doing the same; states the SEC move now is political in its timing; notes Wall Street has been tone deaf & cannot control itself.]
(New York: Armen Keteyian) A CBS News investigation into digital office copiers that hold secret hard drive copies of all documents scanned featured; details given about how the information is a digital time bomb of data; undercover scenes of the purchase of used copiers that contained thousands of personal documents shown. [Digital Copiers Security John JOHNSON - lists the identity documents in copiers.] [Digital security expert Ira WINKLER- says the copiers are computers that need to be cleaned up.] A statement from Affinity Health Plans about their documents quoted. [Sharp Images president Ed McLAUGHLIN- comments on the potential risks from copiers; notes people are unconcerned about the stored images.]
(New York: Steve Hartman) The story of George Kramer, who can recite the parts numbers for any item in the hardware store, presented; scenes from inside the store in Brooklyn, New York & film clip of "Rain Man"'s autistic savant character shown. [KRAMER - talks about the business.] [Boss Isaac ABRAHAM- calls George "Rain Man" number 2; states George does everything.]
(Studio: Katie Couric, Steve Hartman) George's story & next week's assignment discussed.