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Friday, October 10, 2008

Paulson on Bank Rescue Plan

Treasury Secretary Henry Paulson provided more details about the Bush administration's plan to take equity stakes in banks in a statement after meeting with G-7 Leaders. Video courtesy Fox News. (Oct. 10)

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Where We Go From Here

Deal Journal lead writer Heidi Moore sits down with senior editor Adam Najberg to recap the musings of a panel of financial heavyweights at the NYSE, that included J.P. Morgan's Jamie Dimon, Goldman Sachs chief Lloyd C. Blankfein and others. (Oct. 10)

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Irrational Market

As market turmoil defies conventional wisdom, WSJ's Andy Jordan profiles a behavioral economist's take: vengeance, and opportunity. (Oct. 10)

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Scene from 'W.'

Watch a scene from the upcoming Oliver Stone film, "W.". The biographical film, based on the presidential years of George W. Bush, stars Josh Brolin. (Oct. 11)

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International Community Slow to Act

As the G-7 meets in Washington, WSJ's Jerry Seib wonders why there wasn't a coordinated global response sooner. One factor, he says, is that international financial institutions aren't set up for a quick response to crises. (Oct. 11)

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Author Oscar Hijiuelos on 'Dark Dude'

Author Oscar Hijiuelos sits down with the WSJ's Bob Hughes to talk about "Dark Dude," his new book for young adults. (Oct. 10)

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An Energy-Stock CEO Sells into a Decline

Barron's John Kimelman says that even though shares of XTO Energy has lost half their value in three months, the company's CEO just sold $100 million worth of stock. (Oct. 10)

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Fisher Touts 'Roads to Riches'

Billionaire money manager Ken Fisher, author of "The Ten Roads to Riches," maintains that the recent sell-off in the market this week won't go down as the start of the next Great Depression. (Oct. 10)

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Bank Earnings Could Pound Markets

Banks have a golden opportunity with earnings to get everything off their balance sheets, says Russ Koesterich of Barclays Global Investors. He says write-downs could have a long way to go. Stacey Delo reports. (Oct. 10)

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A Bad Week For Markets

MarketWatch Editor in Chief Dave Callaway takes a look back at an awful week for U.S. equities, and a look ahead at what may lie in store for investors. (Oct. 10)

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Hot or Not - October 10

Kotecki's rundown of the hottest and not-est of this week in politics.

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How to Fix Health Insurance

Courtesy of reason.tv.

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Cold Comfort for Icelanders

Angry Icelanders have staged a protest outside the central bank in Reykjavik over the way the economy has been run. Video courtesy of Reuters. (Oct. 10)

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How to Handle the Market's Drop

Wondering what to do with your money when markets crash? It depends on whether you're a retiree, boomer, Gen-Xer or Gen-Yer. Barron's Bob O'Brien helps draw the lines. (Oct. 10)

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Biden -- False Attacks

Biden -- False Attacks

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Looking Ahead- Uncertainty and Doubt Rule

Wednesday could be a big day with Ben Bernanke speaking, a presidential debate, and retail sales data, but how to unlock the credit markets will be the main focus. Plus, a full week of earnings. Stacey Delo reports. (Oct. 10)

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Obama--Early Release

Obama--Early release of offenders --CFTIP

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McCain- Ambition

McCain: Ambition

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McCain- Ambition

McCain: Ambition

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Focus Shifts To Earnings

The focus in Europe shifts to results next week, after one of the roughest periods on record. Nokia, Diageo and a few other big companies are reporting. Investos will also be on the lookout for further rate cuts. (Oct. 10)

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TV Ad- Halfway




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Obama in Ohio, McCain Airs Ad on Ayers

While Barack Obama stumped in Ohio touching on the economy, an issue that has propelled him past his opponent, John McCain aired an ad tying Obama to 1960s radical, Bill Ayers. Video courtesy of Fox News. (Oct. 10)

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Time To Buy Chinese Stocks?

Tony Sagami, editor of Asia Stock Alert, says weakness in Chinese stocks offer a buying opportunity and explains why he has a gloomy outlook for India and Japan. (Oct. 10)

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Pressure on G7 as Markets Dive

World stock markets plunge amid a massive selloff and fears of a global recession as Group of Seven ministers hold crisis talks. Video courtesy of Reuters. (Oct. 10)

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Acorn



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Bush on the Economy

In a Friday morning address, President Bush says rescue plan will work but that it will take time to kick in...

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Bush on the Economy

In a Friday morning address, President Bush says rescue plan will work but that it will take time to kick in...

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Playback PM 10/10/08

As the Dow drops, so does McCain

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Kotecki- 09/22/08

From the heart of America's financial empire, Kotecki asks: is this the end of the free market system?

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Community Organizer



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Kotecki- 10/10/08

The world is ending - the economy is in freefall AND the election might not end dramatically!

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Waking Up to the Stock Market Threat

WSJ's chief economics correspondent Jon Hilsenrath says this week's turmoil illustrates a transfer of fear in the credit markets to fear in stock markets. And while recession looks certain, the good news is that policy makers are reacting. (Oct. 10)

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President Bush Addresses Economic Crisis

President Bush holds a news conference to address concerns about the economic crisis, saying the government is acting and will continue to act to restore stability to U.S. markets. He outlines the problems and steps the government will take. Courtesy Fox News. (Oct. 10)

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Hot Stocks Report- Market Meltdown

The Dow Jones Industrial Average fell below 8,000 for the first time since 2003 before regaining some of its footing. The volatile reversal came on the heels of huge losses overseas. MarketWatch's Steve Gelsi reports. (Oct. 10)

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Bush Addresses Nation

Bush Addresses Nation

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Future Looks Dim for Dow Industrial

WSJ's David Gaffen recaps one of the worst weeks in the history of the Dow Jones Industrial Average and says that futures look dim. (Oct. 10)

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Pete Hegseth on PajamasTV




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Playback 10/10/08

SNL Political Special

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ACORN



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Science- Saving Green While Going Green

Times reporter Kate Galbraith gets some tips on saving money and energy while getting the laundry done.

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Business- Financial Crisis Hits Teens

Elisabeth Irwin High School in New York City offers a snapshot of how the nation's financial crisis is trickling down to teenagers.

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MoneyWatch

The Dow saw another big decline, despite word that more help would be coming from Washington. Alexis Christoforous has more.

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A new Uranium boost in the West ?

Nuclear power is a sticking point in the debate over energy security in the US. Uranium mines and mills have begun re-opening to provide access to a key resource needed for nuclear power generation. But many worry about pollution and sickness that accompanied the last Uranium boom in the Southwest.

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Hunting snakes to save lives

It's all in the family. Snake hunting. For generations the Mawjouds have been plying their dangerous trade in a town near Cairo. The job allows local labs to manufacture antidotes to snake venom and save hundreds of lives.

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Global troubleshooter Ahtisaari wins Nobel Peace Prize

Peace mediator Martti Ahtisaari has been awarded the Nobel Peace Prize after a 30 year career ending conflict in troublespots around the world.

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Political Satire Gets Ratings

Both presidential candidates and their running mates appear to be receiving "fair and balanced" air time getting roasted and getting ratings, reports Priya David.

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Amazing Ravine Rescue

Timely events between family and strangers lead to saving the life of a young woman trapped in her car. Maggie Rodriguez reports.

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Women 'Smell' Better Than Men

Avery Gilbert, author of "What The Nose Knows" demonstrates a nose-full of olfactory facts with Maggie Rodriguez.

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GM Stock Cheaper Than Gas

The auto industry gets the one-two punch with high gas prices and falling market shares, Csaba Csere, editor-in-chief of Car & Driver magazine tells Julie Chen.

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All together, for better or worse

Forty young couples from China recently married in their home country have confirmed their union in a joint ceremony in the romantic French town of Tours.

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Markets tailspin steps up pressure for world action on crisis

Global stock markets went into freefall Friday as pressure mounted for decisive action from world leaders to contain the worst financial crisis since the Great Depression. Stock exchanges from Tokyo to London suffered more staggering losses -- adding to the turmoil for finance ministers from the Group of Seven richest nations to discuss in Washington.

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Going Green Can Help You Save

Interior decorator Robin Wilson explains to Julie Chen the affordable green products that easily save you money on your energy and utility bills.

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Political Patties?

Chef Michael Schlow has fashioned burgers after the presidential and vice presidential candidates, including ingredients like blue foot chanterelle mushrooms alluding to Joe Biden's gaffes.

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Finding Mr. Right On The Ex List

Actress Elizabeth Reaser talks with Hattie Kauffman about the new CBS show The Ex List. Reaser's character, Bella, needs to find and marry Mr. Right within a year and he's no stranger.

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IBM builds online version of China's famed Forbidden City

IBM on Friday opened online doors to a virtual version of the famed Forbidden City in China that served for centuries as an exclusive realm for the nation's emperors. The US technology colossus spent more than three years working with Chinese officials and the Palace Museum to construct an interactive, animated replica of the 178-acre (720,000 square-meter) walled fortress in the Dongcheng District of Beijing.

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Brits Protest Outside Bank

Several hundred people gathered to demonstrate against the British government's bank bailout. The protesters tried to force their way into the Royal Exchange building next to the Bank of England in London.

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Notebook- Sign Of The Times

The national debt clock, a fixture in Manhattan's Times Square since 1989, may have to be put to rest. There aren't enough spaces on the clock to show $10.2 trillion in debt. Katie Couric comments.

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Child Prodigy On His Gift

Only On The Web: Child prodigy Marc Yu talks about where he believes his gift for piano playing comes from and expresses his love for classical music. Bill Whitaker reports.

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Seven Isn't Lucky Anymore

As the Dow continues its downward spiral General Motors saw its shares fall below $5, a level that hasn't been seen since the 1950's. Anthony Mason reports.

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From Sandbox To Carnegie Hall

By the time he was 3, Marc Yu played Beethoven at his first concert and 6 years later he is performing at Albert Hall in London. But how does a child prodigy lead a normal life? Bill Whitaker reports.

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Busting Down Eviction Doors

Deputies in Cook County, Ill,. have busted a lot more doors down lately because of mortgage evictions increasing at a staggering rate, with an average of 4 per day. Cynthia Bowers has more.

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The Electoral Map Doesn't Lie

The latest look at the electoral map shows Barack Obama is gaining ground in some historically Republican states. Jeff Greenfield explains what John McCain might have to do to stop Obama's momentum.

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Desperate Times

As John McCain and Sarah Palin go on the offensive on their personal attacks against Barack Obama, the Democratic candidate feels it's a sign that the GOP ticket is losing steam. Chip Reid has more.

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Where They Stand- Health Care

John McCain plans on driving down costs to make health care more affordable, while Barack Obama wants to increase access to health care for Americans. Seth Doane has more on "Where They Stand."

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Has The Market Bottomed?

Alexis Glick from the Fox Business Network tells Harry Smith today's market is at a level where in history, market corrections have reached their bottom.

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As Economy Sinks, Panic Rises

Investors worldwide are on edge as the U.S. market continued its dive below 9,000 pts. Harry Smith talks to correspondents in London and Tokyo, also Andy Serwer, managing editor of Forbes magazine.

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Indian consumers oblivious to economic meltdown

India's thriving domestic market has so far managed to buffer the economy from the global financial crisis, but analysts warn the good times may not last.

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Peace mediator Martti Ahtisaari awarded Nobel Peace Prize

Peace mediator Martti Ahtisaari has been awarded the 2008 Nobel Peace Prize. The former Finnish president oversaw the end of a three-decade conflict between the Indonesian government and Free Aceh Movement rebels and played a key role in bringing an end to hostilitiesin Kosovo.

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Thai temple provides funerals for the living

A Buddhist temple in Thailand offers patrons the opportunity to die symbolically in a specially-made coffin, and to rise up reborn, free from their worries.

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Hong Kong shares tumble on Friday

Hong Kong shares tumbled on Friday, as worries over the state of the global financial system sent markets across Asia into a tailspin.

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