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Monday, November 17, 2008

CEO Council- Paulson, Summers Spar Over Corporate Tax Rates

At the WSJ's CEO Council, Treasury Secretary Henry Paulson and one of his predecessors, Lawrence Summers, spar over what the most-appropriate corporate tax rate should be in the wake of the U.S. financial-markets meltdown. (Nov. 17)

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CEOs See Goldman, Citi As Tip Of Ugly Iceberg

CEOs attending a WSJ conference in Washington said news about massive layoffs at Citigroup and the decision by Goldman Sachs executives to forego bonuses are just the start of more bad financial news to come in 2009. (Nov. 17)

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Paulson- We're Not Experimenting With Bailout

Treasury Secretary Henry Paulson defended the Bush Administration's $700 billion bailout plan, telling WSJ's Alan Murray he doesn't think he's doing FDR-like experimentation with liquid assets. (Nov. 17)

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CEO Council- Paulson, Summers, Rubin Debate Crisis

Current Treasury Secretary Henry Paulson and predecessors Lawrence Summers and Robert Rubin locked horns over the best way to get the U.S. economy back on track, WSJ's Sudeep Reddy reports. (Nov. 17)

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More Job Cuts to Come

Firms will continue to slash jobs until revenue expectations rise, and the decision by Goldman Sachs executives to forgo bonuses puts pressure on other firms to follow suit, says John Challenger, chief executive of Challenger, Gray & Christmas.

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In Iceland- "Turmoil to Protest"

Icelanders gather in one of the largest public protests in their history to express shock at the financial crisis and anger at the government. WSJ's Andy Jordan reports from Reykjavik. (Nov. 17)

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In Iceland- "Turmoil to Protest"

Icelanders gather in one of the largest public protests in their history to express shock at the financial crisis and anger at the government. WSJ's Andy jordan reports from Reykjavik. (Nov. 17)

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Banlung's Future in Doubt

The rise in crop prices in recent years has been a boon to the city of Banlung, in Cambodia. But plummeting grain prices in the area may mean another food crisis in the forecast, WSJ's Patrick Barta reports. (Nov. 17)

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Iraq, U.S. Agree on Withdrawal Pact

Iraq and the U.S. have finally signed a pact to withdraw U.S. troops by 2011. Video courtesy of Reuters. (Nov. 17)

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Mortgages Are Troubled Assets - Rescuing the Economy

http://www.americanprogress.org/issues/2008/11/barr_mortgage_crisis_testimony.html Andrew Jakabovics of the Center for American Progress explains that the about face by Treasury Secretary Henry (Hank) Paulson misses the mark -- the troubled US mortgage markets are the root of the international financial crisis.

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For Collectors, These Locks Are Golden

Document and handwriting expert John Reznikoff gives a tour of the valuable tresses that once sat atop heads of the famous and deceased, at University Archives in Westport, Conn. (Nov. 18)

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Politkovskaya Accused in Court

Three men accused of the murder of campaigning Russian journalist Anna Politkovskaya appear in court and are seen on camera for the first time. Courtesy Reuters. (Nov. 17)

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Star Trek XI Theatrical Trailer

See the Paramount Pictures trailer for Star Trek XI, due out in May 2009. (Nov. 17)

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Retail Sector Swoon

Stocks Today Bob O'Brien in the Barron's Video Report discusses the continuing decline in retail shares and the one bright spot -- Wal-Mart. (Nov 17.)

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Tide's Latest Talking Stain Spoof Ad

This ad was runner-up in the Tide Talking Stain spoof contest, and is being televised this fall. (Nov. 18)

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Tide's Talking Stain Spoof Winner

See an ad that won Tide's Talking Stain spoof commercial contest and aired during the season premiere of "The Office". (Nov. 18)

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Tide Original Talking Stain Ad

Tide's original Talking Stain ad, which ran during the 2008 Super Bowl. (Nov. 18)

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From the Archives- Vintage Tide Ad

See a 1951 Tide commercial that aired on the "Kukla Fran and Ollie" show, an early TV puppet show. (Nov. 18)

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A Large-cap Strategy in a Bear Market

Franklin Growth Fund manager Serena Vinton says it's important to not lose focus on growth prospects, valuations and leading companies when it comes to a large-cap strategy, and offers three attractive holdings in her fund. Stacey Delo reports.

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Pepsi Taps New Ad Agency

Pepsico is shifting its brand advertising to Omnicom's TBWA, a major blow to BBDO, which was behind some of Pepsi's most successful ads. Here are two of the historical ads. Courtesy of Pepsico. (Nov. 18)

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Keep Your Powder Dry

Harley Lance Kaplan of Beta Industries is telling his clients to stay out of the equities market until year end -- and be ready. (Nov. 17)

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SEC Charges Mark Cuban

WSJ's legal editor Ashby Jones discusses the SEC's civil charges of insider trading against Mark Cuban, owner of Dallas Mavericks. (Nov. 17)

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'Lame Ducks' Trying to Make Power Moves

Washington is alive with multiple transitions, including the 111th congress preparing to take their seats. But the D.C. 'lame ducks' aren't going quietly. Courtesy Fox News. (Nov. 17)

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Paulson Explains the Financial Crisis

Watch the Journal Editorial Report, Saturdays at 5:30 pm ET, 2:30 pm PT, on Fox News Channel.

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WSJ CEO Council Targets Financial Crisis

WSJ's Erin White previews The Wall Street Journal's CEO Council, which opens Monday night in Washington, D.C. The council will be tackling issues related to the ongoing financial-system crisis. (Nov. 17)

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GOP Should Learn from Stalin

DJ Newswires Simon Constable speaks with John Batchelor, author of "A Short History of the Republican Party," about how, why and who should be given the chop as the party rebuilds. (Nov. 17)

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Only the Bare Necessities, Please!

Barron's Bob O'Brien reports that the retail sector continues to suffer, as shoppers continue to buy only necessities and shop at retailers like Wal-Mart and Lowe's. (Nov. 17)

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When the Analog Chips are Down

The next set of earnings figures from the semiconductor sector group could be grim indeed. (Nov 17.)

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Automakers Await Decision From Congress

Detroit automakers are still looking to congress to give them funding they claim is necessary for their survival. Courtesy Reuters. (Nov. 17)

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CNN's Michael Ware on the US Exit from Iraq - ThinkProgress

Matthew Duss of ThinkProgress & The Wonk Room, (blogs from the Center for American Progress Action Fund) interviews CNN Baghdad correspondent Michael Ware on the status of US troops in Iraq, Iraqi refugees, the exit strategy, the role of Iran in the region and reaction to the US elections abroad.

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New Procedures Give Hope to Knee Injury

Doctors in Alabama are using cutting-edge technology to help people with knee injuries, by using their own cells to grow cartilage. Courtesy Fox News) (Nov. 17)

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'Maverick' Is Called On Insider Trading

WSJ's legal editor Ashby Jones discusses the SEC's civil charges of insider trading against Mark Cuban, owner of Dallas Mavericks. (Nov. 17)

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Taliban Video Warning to France

The Taliban issued a video claiming responsibility for the August ambush that killed ten French soldiers. The Taliban threaten more attacks. Courtesy Reuters. (Nov. 17)

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Obama and McCain meet

Obama and McCain meet in Chicago...

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Sen. Kennedy returns to work

Sen. Kennedy returns to work

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Basque Separatist Leader Arrested in France

Garikoitz Aspiazu Rubina, known as "Txeroki" or "Cherokee," was arrested in a raid close to the Spanish border. He's thought to be behind a 2006 Madrid bombing and other acts. Video courtesy of Reuters. (Nov. 17)

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Metals Lose Their Luster

MarketWatch's Steve Gelsi recaps Monday's equities highlights, as metals slip along with other materials. (Nov. 17)

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Deadly Airstrike Threat to Israeli-Palestinian Peace

An Israeli airstrike killed four Palestinians over the weekend, threatening an already fragile Gaza-Israel cease-fire as conflicting accounts ensure. Video courtesy of Reuters. (Nov. 17)

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Morning Show Roundup 11/17/08

Is Bill standing in the way?

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Kotecki- 11/17/08

Barack Obama posts his radio address to YouTube, Rudy Giuliani might run again, and our caption contest comes to a hilarious end.

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Kotecki- 11/17/08

Barack Obama posts his radio address to YouTube, Rudy Giuliani might run again, and our caption contest comes to a hilarious end.

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Security Pact Awaits Parliament's Approval

The U.S.-Iraq deal, which could have American forces out by Dec. 31, 2011, recently cleared the cabinet. It would also give the Iraqi government some authority over U.S. troops. Video courtesy of Reuters. (Nov. 17)

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Geared Up for Better Days

The global auto industry is in the dumps. But when it revives, Honda and its shareholders will drive away as big winners. (Nov. 17)

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Firefighters Battle Ferocious Wildfires, Winds

Officials are fighting off near hurricane-force winds as a string of wildfires encircle Los Angeles. Meanwhile, Gov. Arnold Schwarzenegger has declared emergencies in several counties. Video courtesy of Reuters. (Nov. 17)

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GM Ramps Up Bailout Push

MarketBeat's David Gaffen and Dow Jones' Simon Constable discuss whether General Motors will get the bailout it wants and can Treasury Secretary Henry Paulson stay the course with his new bailout strategy? (Nov. 17)

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Playback 11/17/08

Biden blunder meter

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Media Web Minute- CNN's Challenge

CNN's main hurdle these days is how to keep viewers now that the election is over, Jon Friedman says. (Nov. 17)

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Expensive Art For Free

One of the world's leading street artists, Adam Neate, is giving away 1,000 pieces of his art, estimated to cost almost $2 million. Neate and his helpers left the art on London's streets.

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Sen. Kennedy Returns To Work

CBS News RAW: Sen. Ted Kennedy has returned to work in Washington. He has been been battling a malignant brain tumor since May when he suffered a seizure.

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Iraqi cabinet approves US pact amid lingering violence

Iraq's cabinet has approved a military pact that requires the withdrawal of all US troops by the end of 2011, as a deadly attacks underscored the country's lingering insecurity.

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McCain And Obama Meet

CBS News RAW: President-elect Barack Obama and Sen. John McCain met in Chicago almost two weeks after their fight to lead the country.

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ETA member arrested in Northern Ireland

French police arrested ETA's alleged military chief on Monday, the most wanted Basque separatist still at large and a man Spanish officials branded a "bloodthirsty terrorist." Miguel De Garikoitz Aspiazu Rubina, 35, alias Txeroki, was captured in Cauterets, a spa and ski resort in the Pyrenees near the border with Spain's autonomous Basque region, which ETA wants to see independent.

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Is Fire Retardant Harmful?

Critics of fire retardant say there are serious long term problems that come with what is a welcome sight to many families trying to save their homes. Bianca Solorzano reports.

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China's Economic Bailout

China hopes that it's half trillion dollar stimulus package will create jobs and build schools, power plants and hospitals. Barry Petersen reports.

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Fires Rage In Calif.

As firefighters continue to battle the wildfires in Calif. more than 800 homes have been lost and 50,000 people have been forced to evacuate the area since Tuesday. Bill Whitaker reports.

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Giving Vets A Lift

Veterans Airlift Command is an organization that offers free flights to soldiers and their families with pilots volunteering their services, planes, and paying for the fuel costs. Chip Reid reports.

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In The Line Of Fire

Chief Ray Chaney with the Calif. Dept. of Forestry and Fire Protection speaks with Russ Mitchell about the ground efforts to stop the wildfires.

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Identities Sold Online

Someone's identity is stolen every 3 seconds and now they are being bought and sold in online chat rooms. Susan Koeppen reports.

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Big Bellies Linked To Death

A new study shows belly fat is different from other fat, and doubles the risk of premature death. Harry Smith talks to Dr. Holly Phillips about the findings.

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Sky High Airline Fees

Amy Ziff from Travelocity warns travelers about the a la carte pricing by some major airlines. She talked to Maggie Rodriguez.

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Timetable For Troops

Iraqi cabinet members have approved a deal that would have U.S. troops leaving the country by 2011. President Elect Obama, though, plans to pull troops from Iraq much sooner. Jeff McCausland, Ret. Army Col. and CBS News Military Analyst, weighs in.

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Avoiding Credit Cutbacks

Some credit card issuers are cutting back credit lines or cancelling unused cards altogether. Kelli Grant, Sr. Consumer Reporter for SmartMoney.com, has some has some advice to avoid taking a credit hit.

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Is Clinton Headed To Cabinet?

Barack Obama recently met with Sen. Hillary Clinton which has many speculating that he will offer her the Secretary Of State cabinet position. Bob Schieffer analyzes the rumors.

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Obama Calls For NCAA Playoffs

In a 60 Minutes interview with Steve Kroft, President-elect Barack Obama laid out his plan to have playoffs at the end of the college football season.

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Mass Chinese wedding, French romance

Forty young couples from across China recently married in their home country confirmed their union all at the same time in the romantic setting of the French Loire valley.

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Transition To The White House

Barack Obama has kept mum on plans for his cabinet, but there are signs he is rapidly moving ahead with his transition. Thalia Assuras reports.

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A Father's Promise

President-elect Barack Obama spoke with Steve Kroft about a special promise he made 2 years ago to his young daughters.

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The Personal Transition

The Obamas will soon be the youngest first family to move into the White House since the Kennedys nearly 50 years ago. Steve Kroft speaks with Barack and Michelle Obama about their personal transition.

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Obama And The Presidency

President-elect Barack Obama speaks with Steve Kroft about his thoughts and goals as our nation's next Commander-in-Chief.

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Cities In Distress

Many U.S. cities need a helping hand from Washington due to falling revenues and rising unemployment rates. Priya David reports.

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John Travolta Gets Animated

Actor John Travolta stopped by "The Early Show" to promote his new animated film, "Bolt." Travolta plays the canine main character.

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Disabled Veterans Catch Waves

Disabled veterans gathered in San Diego, Calif. for a day of surfing and healing. Hattie Kauffman reports.

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Obama, McCain To Meet

As the Obama transition team vets potential cabinet members, the Barack Obama will meet with Sen. John McCain, reports Cynthia Bowers. Obama has already spoken with Sen. Hillary Clinton.

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Identities Sold Online

Someone's identity is stolen every 3 seconds and now they are being bought and sold in online chat rooms. Susan Koeppen reports.

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Calif. Fires Destroy 800 Homes

Bill Whitaker reports on the damage done by the Calif. wildfires, and a family shared their experience of losing everything with Maggie Rodriguez.

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Microcredit during the credit crunch

Interview with Nobel prize winner Muhammad Yunus, who invented microcredit in Bangledesh. On Saturday he celebrated the fact that the microfinance organization Grameen America has given out $1 million in small loans to low-income women, both Americans and immigrants, in Queens, NY.

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Tibetan exiles rethink struggle against Chinese rule

Tibetan leaders in exile gather in India for a rare meeting that could usher in a more radical approach to their long struggle against Chinese rule in Tibet. The Dalai Lama, Tibet's spiritual leader, called the meeting after admitting that his attempts to secure greater autonomy had failed.

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