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Tuesday, January 13, 2009

Social-Networking Service Looks to Expand

Slide has become one of the most popular services on the web, building tools for social-networking sites. But as WSJ's Jessica Vascellaro reports, its successful applications, which are visited by 160 million a month, haven't translated into proportional revenue.

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Market Wrap- Tuesday

Yahoo names a new CEO and Citi unveils a joint venture with Morgan Stanley late in the day. The Fed's Ben Bernanke made headlines earlier about the shaky economy, and stocks were mixed on Wall Street. MarketWatch's Stacey Delo reports. (Jan. 13)

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Operation Safe Haven Iraq 2009

http://www.americanprogress.org/issues/2009/01/iraqi_airlift.html Tens of thousands of Iraqis have served with the U.S. military and other organizations during the past five and a half years as translators, drivers, construction workers, engineers, and office workers. A disturbing trend has emerged: extremists and militia groups are targeting the estimated 30,000 to 100,000 U.S.-affiliated Iraqis as traitors for working with Americans. In many cases, the lives of these Iraqis and their families are in imminent danger. Many have become refugees or internally displaced persons within Iraq. These Iraqis urgently need and deserve America's help, and the Obama administration should act quickly to remove them from harm's way. Yet these Iraqis have been stuck until recently in a resettlement process lasting anywhere from six months to two years. Because of bureaucratic red tape, current U.S. policies do not adequately address the security concerns of U.S.-affiliated Iraqis. The Obama administration should initiate an immediate airlift?peration Safe Haven Iraq 2009?f U.S.-affiliated Iraqis in need of protection as the best course of action for urgently addressing this problem. The United States has a moral obligation to protect U.S.-affiliated Iraqis who risked their lives in service to the United States in Iraq. The Special Immigrant Visa program and the Iraq in-country refugee processing program are meant to expedite processing of U.S.-affiliated Iraqis. Both programs represent a step in the right direction, but an airlift would importantly move the majority of refugee processing out of the region while violence, though diminished, continues in Iraq.

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Audit Triggers When Filing Your Taxes

Less people got audited in 2008 than the year before, but that doesn't mean you might not be at risk. WSJ's tax columnist Tom Herman tells Kelsey Hubbard what red flags the IRS looks for and what pitfalls taxpayers should avoid.

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Op-Ed- The Shot Seen Round the World

Bobby Thomson's 1951 home run for the Giants was a great event in baseball. But, more important, it brought sporting events into American living rooms.

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Op-Ed- Women in Combat

There's a disconnect between what U.S. policy says female soldiers can do and what they are actually doing; this needs to change so that they can get the training they need.

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Far From the Best Buy

Buyer beware. While shares of the electronics retailer have surged almost 60% in less than two months, a bruising consumer electronic environment should send shares lower.

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Op-Ed- In the Dark

How turning the lights off could help New York's pending budget gap.

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Bloggingheads- Obama the Hawk?

Matthew Yglesias, left, of the Center for American Progress and Ross Douthat of The Atlantic discuss whether Barack Obama's foreign policy has taken an unexpectedly hawkish turn.

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Tips for Dealing with the Financial Crisis

Jon Friedman talks with Ali Velshi of CNN, Author of "Gimme My Money Back" (Jan. 13)

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Town of Rafa in Gaza Now Under Attack

Israeli warplanes continue to pound Rafa, the southern town of Gaza with bunker-busting bombs. Pleas for a ceasefire continue to be ignored by Israelis. Courtesy Reuters.

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The Face of Slavery

Nicholas D. Kristof visits Cambodia and meets Long Pross, a young woman who was forced into sexual slavery.

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The Business of Brothels

Nicholas D. Kristof visited the town of Poipet, Cambodia, to look at how the sex industry has changed over the past two years.

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Detroit Auto Show Goes Eco

A test track at the Detroit Auto Show hopes to show consumers the benefits of electric and hybrid vehicles. WSJ's Jeff Bennett reports.

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Obama Romances the GOP

John Fund on the President-elect's charm offensive.

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Tony Dungy and Other Coaching News in the NFL

Jay Glazer reports on the retirement of Indianapolis Colts head coach Tony Dungy and other coaching news in the NFL. Video courtesy of Fox Sports News.

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Green Returns

Investing in companies with superior sustainability policies provides better stock market returns, according to Matthew Kiernan, founder and CEO of Innovest Strategic Value Advisors. (Jan. 13)

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Mattel Banking on Shanghai for Barbie's Future

Though many retailers are hunkering down during the economic slump, Mattel Inc. is embarking on a massive project to revamp its 50-year-old Barbie brand. It is opening a Barbie emporium in Shanghai's most exclusive shopping district. WSJ's Mei Fong reports.

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Clinton's Confirmation Hearing Underway

Today, Hillary Clinton goes before the Senate Committee to face a number of tough questions in order to confirm her as President-elect Barack Obama's choice for Secretary of State. Courtesy Fox News.

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Russia Restarts Gas Flow to Europe

Russia starts pumping gas to Europe through Ukraine again, but it is expected to take between 24 and 36 hours for the gas to reach European pipeline. Courtesy Reuters.

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A Healthy Dose of Insurance

American Physicians' Capital has a virtual lock on the market for malpractice insurance in its Midwest market.

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MarketWatch Hot Stocks- Citigroup

Shares of Citigroup highlight the pressure facing bank stocks Tuesday, as investors prepare for a bleak earnings season. Greg Morcroft reports. (Jan. 13)

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Building a Portffolio of Infrastructure Stocks

Funds of companies involved in infrastructure rehab and construction could benefit most from the Obama Administration's plans for economic stimulus.

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Obama Wants Remaining Bailout Funds Released

President-elect Barack Obama is lobbying lawmakers who are wary of releasing the $350 billion left in bailout funds, especially when questions remain about how the first half was spent. Video courtesy of Fox News.

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Indonesia Ferry Victims Feared Dead

Relatives are anxiously awaiting word on loved ones who may have perished when a ferry carrying more than 250 people capsized off Indonesia. Only 34 people have been saved, so far. Video courtesy of Reuters.

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U.N. Urges Peace as Israel Pounds Gaza

Israel has stepped up its Gaza offensive in a blistering offensive that's killed at least 925 Gaza residents. U.N. Secretary General Ban Ki-moon is urging a cease-fire, citing civilian suffering. Video courtesy of Reuters.

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Homes Destroyed in Australia Brush Fires

A brush fire raged close to Sydney homes, burning two houses to the ground and keeping about 100 firefighters busy. Scorching weather and high winds are also blamed for a second fire. Video courtesy of Reuters.

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Inaugurations in Times of Peril

Throughout American history, some of the best inaugural addresses have come in times of peril. This year, as Barack Obama prepares his, the country is steeped in a recession at home and fighting two wars abroad.

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From Washington to Wall Street

What caused the financial turmoil of the past year? MarketWatch's David Weidner lays some of the blame on the relationship between government officials and Wall Street. (Jan. 13)

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Mass. Teacher Accused of Having Sex With Teen

A Massachusetts elementary school teacher pleaded not guilty to rape charges Friday after allegedly having sex with a boy numerous times, beginning when he was 13. (Jan. 13)

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Clinton Vows to Revitalize U.S. Diplomacy

Hillary Rodham Clinton says she intends to revitalize the mission of diplomacy in American foreign policy, calling for a 'smart power' strategy in the Middle East. (Jan. 13)

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Ode to Obama- Amiri Baraka

Former New Jersey Poet Laureate Amiri Baraka is among several poets who used the election of Barack Obama as inspiration to write. (Jan. 13)

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Atlanta Kids Get Inaugural Surprise

A group of students at Atlanta's Ron Clark Academy thought they'd just be performing their song 'Dear Obama' at a news conference on Wednesday. But after finishing the song, the kids got a big surprise. (Jan. 13)

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Soldier Chronicles Experiences in Cartoon

A U.S. soldier draws cartoons that lampoon the sometimes humorous, sometimes inane side of life of military life in Iraq. (Jan. 13)

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Final Job Approval Ratings- Bush vs. Past Presidents

George W. Bush's final job approval rating of 34% is up slightly from his recent ratings but relatively low compared to past presidents.

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The Fate of Geithner

Politico's Eamon Javers talks about the fate of Treasury nominee Timothy Geithner.

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Obama Pushes Stimulus Package

President-elect Barack Obama has delivered an internet speech in an attempt to promote confidence and quiet skeptics who have criticized his massive planned stimulus package. Tony Guida reports.

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Battling The Winter Blues

Cold weather and less sunlight can bring some people down during the winter months. Seth Doane speaks with Dr. Alan Manevitz from the Cornell Medical Center about ways to combat seasonal depression.

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Obama Dog Shortlist

Dr. Debbye Turner-Bell and Julie Chen have a look at a Portuguese Water Dog and a Labradoodle, one of which may become the first dog in the Obama White House.

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Stopping The Breast Cancer Gene

A medical breakthrough in England could help keep the breast cancer gene from being passed on to future generations. Teri Okita reports.

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Looking Back At Presidents Past

As Barack Obama prepares to deliver his Inaugural Address, perhaps taking a look back at the addresses of his predecessors might give some insight into the history of the office he is about to take over.

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Japan To U.S. Travel Toughens

Airlines in Japan and dozens of other countries are bracing for confusion when a new U.S. border control system takes effect. Lucy Craft reports.

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A Royal Shame

A controversial 2006 video of Prince Harry on way to military training shows him using racial slurs toward a Pakistani cadet. Elizabeth Palmer reports.

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Bush Addresses Critics

CBS News' Jim Axelrod asked President Bush during his final press conference how he feels he was treated by critics.

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France most likely Europe's 'most fertile' nation

A new official census is likely to reveal that France, once again, leads Europe with the number of births, bucking a continent-wide trend toward an ageing population.

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Gazan burn patients flock to hospital

As Israeli troops and Hamas fighters battle, doctors at the Al-Shifa Hospital in Gaza's main city are treating dozens of wounded civilians. Doctors there say burn victims show signs indicating the use of a controversial incendiary bomb outlawed in densely populated areas.

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Bush "Diminished the shine on America's democratic reputation"

A week before George W. Bush leaves office, democracy expert Thomas O. Melia describes the outgoing administration's impact on the US's stature as an exemplary democracy.

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AP Top Stories

Here's the latest news for Tuesday Jan. 13: President-elect Barack Obama meets with Senate Democrats; Hillary Clinton goes before Senate panel; Search for Indiana businessman continues; Grand jury investigates Roger Clemens.

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Man Fires 28 Times at Troopers, They Shoot Back

A man shoots at New York State Police 28 times, in an incident caught by a dashboard camera in a trooper's car. He pulled out an assault rifle during a traffic stop while riding in a cab. Police do not expect the man to survive. (Jan. 13)

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Ode to Obama- Amiri Baraka

Former New Jersey Poet Laureate Amiri Baraka is among several poets who used the election of Barack Obama as inspiration to write. (Jan. 13)

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Obama's Grandmother Comes to Washington

The step-grandmother of President-elect Barack Obama began her journey to Washington on Tuesday to see her grandchild become the first African-American president to enter the White House. (Jan. 13)

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Foreign Policy Challenges Ahead for Obama

When Barack Obama is sworn in next week, he will immediately face foreign policy challenges. Experts weigh in on the issues which range from the conflict in the Middle East to the wars in Iraq and Afghanistan. (Jan. 13)

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First Person- Why Did Man Crash Plane, Vanish?

A business acquaintance of an Indiana financial adviser who appeared to fake his own death by crashing a plane reveals an e-mail he received from Marcus Schrenker. The message talks about the crash in Florida and why he did it. (Jan. 13)

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Israeli Forces Inch Closer to Downtown Gaza City

Israeli ground troops move closer to downtown Gaza City as international efforts to reach a cease-fire intensify. (Jan. 13)

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Israeli Forces Inch Closer to Downtown Gaza City

Israeli ground troops move closer to downtown Gaza City as international efforts to reach a cease-fire intensify. (Jan. 13)

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Clinton Talks Strategy in Confirmation Hearing

Secretary of State-designate Hillary Clinton is calling for a strategy for achieving peace in the Middle East that goes beyond the Israeli-Palestinian conflict to a wider list of pressing issues. (Jan. 13)

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Bush Says He Leaves With `Good, Solid Record'

Gathering his Cabinet together one last time, President George W. Bush declared his administration had achieved 'a good, solid' record and gave thanks to both his closest aides and Americans across the country. (Jan. 13)

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Official- Biden Affirms 'Responsible' Pullout

Vice President-elect Joe Biden told Iraqi leaders Tuesday that the incoming U.S. administration is committed to a responsible troop withdrawal that does not endanger improvements in security, an Iraqi spokesman said. (Jan. 13)

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Video Essay- Different Shades of 'Green'

AP photographer Amy C. Sancetta showcases the most expensive and the cheapest hybrid vehicles being shown at the North American International Auto Show in Detroit. (Jan. 13)

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Divorce Battle Over Kidney Heads to Court

A New York surgeon wants his estranged wife to return the kidney he donated to her, although he said he would settle for $1.5 million in compensation instead. (Jan. 13)

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Moon- Both Hamas and Israel Must Cooperate Fully

United Nations Secretary General Ban Ki-Moon announced on Tuesday that he will head to the Middle East, hoping to bring an end to the fighting in Gaza. There is currently a United Nations cease-fire in place. (Jan. 13)

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NY Judge Rules Killing Spree Suspect Incompetent

A man accused in the deaths of six people in a cross-country killing spree is being sent to a maximum-security psychiatric hospital after being found mentally incompetent to stand trial. (Jan. 13)

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Passengers File Lawsuit Over Jet Crash

Two passengers on the Continental Airlines jet that veered off a Denver runway last month have filed lawsuits. The passengers claim in their suit that the pilot negligently aborted the Dec. flight shortly after takeoff. (Jan. 13)

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Grand Jury Investigating Clemens Testimony

A federal grand jury is now investigating whether Roger Clemens should be indicted over his Congressional testimony. Clemens has been under investigation since his sworn testimony contradicted his former trainer's. (Jan. 13)

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Raw Video- Jimmy Carter in China

Former U.S. President Jimmy Carter, whose administration formalized diplomatic ties with China 30 years ago, on Monday urged President-elect Barack Obama to find ways to work more closely with Beijing on global issues. (Jan. 13)

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Police- Pilot Bails From Plane, Fakes Death

Police are looking for an Indiana businessman who they think may have bailed out of his small plane and let it crash in an elaborate attempt to fake his own death.

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Police- Pilot Bails Out of Plane to Fake Death

An Indiana businessman whose financial management companies were under investigation apparently bailed out of his small plane and let it crash in what may have been an elaborate attempt to fake his own death. (Jan. 12)

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Police- Pilot Bails on Plane, Fakes Death

Police are looking for an Indiana businessman who they think may have bailed out of his small plane and let it crash in an elaborate attempt to fake his own death. (Jan. 13)

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Wife Talks In Kidney Divorce

The estranged wife of a N.Y. man who wants a donated kidney returned to him in a divorce says there was no affair, reports Michelle Gielan.

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Merkel defends German stimulus plan

Chancellor Angela Merkel has defended the biggest stimulus package in Germany's postwar history, saying it will leave Europe's top economy in better shape than before the crisis.

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Israeli strike ravages Gaza homes

Israeli troops and Hamas fighters traded fierce gunfire on the streets of Gaza City on Tuesday in what witnesses called the most intense in 18 days of war that have left more than 900 dead.

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Clinton promises 'smart power' under Obama

Secretary of state designate Hillary Clinton Tuesday promised a "smart" blend of military and diplomatic power under Barack Obama, saying US global leadership would no longer be found wanting.

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Wildlife victims of fighting in the DR Congo

The conflict between the rebels under Laurent Nkunda and pro-governmental forces is having a devastating impact on the wildlife of eastern Democratic Republic of Congo.

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Readying Iraq for landmark elections

As Joe Biden, the US vice president-elect, meets with Iraqi leaders in Baghdad, people across the country are preparing their own political futures, ahead of a landmark provincial election on January 31.

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Chickenpox Party Vs. Vaccine

Pediatrician Alanna Levine explains to Julie Chen the risks of exposing a child to chickenpox instead of opting for a vaccine.

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Taco Bell Wedding Bells

An Ill. couple was married inside a Taco Bell fast food restaurant. Julie Chen spoke with the couple, who said the idea began as a joke.

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Cloud Hangs Over Auto Show

Many automakers at the Detroit Auto Show are forgoing the pomp and circumstance of past shows and opting for a show that's more subdued as the economy worsens. Anthony Mason reports.

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Work Hard, Sleep Hard

The Centers for Disease Control and Prevention says 30 percent of American adults average six hours of sleep or less. As Dr. Jon LaPook reports, a lack of sleep can cause illnesses.

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Madoff Still A Free Man

A NY judge allowed Bernard Madoff to remain under house arrest after rejecting an attempt by prosecutors to jail him for attempting to send money to his friends and family. Randall Pinkston reports.

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Obama's Honored Guest

An American pilot from the first all-black flying unit, the Tuskegee Airmen from World War II, will attend Barack Obama's inauguration as an honored guest. Michelle Miller reports.

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Israel Deploys Reserve Troops

President Bush held his final news conference with a spirited defense of his policies and a look back at his mistakes. Jim Axelrod reports with commentary from political consultant Dan Bartlett.

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Bailout Bait And Switch?

The financial industry bailout was supposed to help troubled mortgage holders and free up credit lending. So why have the firms used the money to buy up smaller banks? Sharyl Attkisson reports.

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Bush Looks Back

President Bush held his final news conference with a spirited defense of his policies and a look back at his mistakes. Jim Axelrod reports with commentary from political consultant Dan Bartlett.

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Notebook- Bush's Legacy

President Bush held his final news conference as Commander-in-Chief. As Katie Couric reports, Bush defended some of his policies through the years, while admitting some mistakes.

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Burris 'Fought' For Illinois

CBS News RAW: Illinois Senator Roland Burris explains his controversial decision to accept impeached Governor Rod Blagojevich's appointment.

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Eye To Eye- A History Of Change

Capt. Roscoe Brown (Ret.), member of the Tuskegee Airmen, reflects on the historical value of being one of the U.S.'s first black military airmen and the inauguration of President-elect Obama.

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Bailout Money Trail

Congress is wary of how President-elect Obama plans to spend TARP funds as Bush bailout billions went to buy other banks and not to free up credit, reports Sharyl Attkisson.

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Dissecting The Bush Legacy

Harry Smith spoke with Republican Strategist Ed Rollins and CBS News Consultant Dan Bartlett about President Bush's final press conference as president.

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Hamas Resumes Talks

Fighting continues in the Middle East as Israel targets Hamas weapon smuggling tunnels. As Richard Roth reports, Hamas leaders remain defiant but are open to a cease-fire.

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Arctic Blast Chills Midwest

Dave Price reports from Ann Arbor, Mich., where snow and ice have the city near a standstill, as arctic air is expected to continue toward the East Coast.

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Mushing through the Alps

A major international dog sled race is under way. Nearly 300 dogs are taking part in the Grande Odyssee which covers over 1,000 kilometres in two weeks through the French and Swiss Alps.

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Kerry, Lugar Praise HRC

Kerry, Lugar Praise HRC

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New Restrictions on Madoff, but No Jail

A judge on Monday allowed Bernard Madoff to remain confined to his Manhattan penthouse, rejecting a bid to jail the disgraced financier but imposing new restrictions to keep him from mailing any more valuables to family and friends. (Jan. 12)

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Clinton Starts Hearings with Strong Public Image

As her confirmation hearings begin, 65% of Americans have a favorable opinion of Hillary Clinton and 56% expect her to be an outstanding or above average secretary of state.

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