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Thursday, March 12, 2009

Money Minute- Roche, Sears Tower, Oil

Swiss pharmaceutical giant Roche has agreed to pay $46.8 billion to buy the 44 percent of California-based biotech pioneer Genentech that it doesn't already own. The AP's Mark Hamrick reports. (March 12)

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Madoff Victims- 'It's a Very Tangled Web'

Victims of Bernie Madoff talk about how his multi-billion dollar fraud has hurt them. (March 12)

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Raw Video- Madoff Arrives Ahead of Expected Plea

Bernard Madoff arrived at the federal courthouse Thursday morning where the disgraced financier is expected to deliver on his lawyer's prediction that he will plead guilty to all 11 felony charges brought by prosecutors. (March 12)

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Your Money- Safe Investing

As the nation's banking industry inhales billions of dollars in government support, the urge to hoard your cash at home might be pounding mightily.AP Personal Finance Editor Trevor Delaney explains. E-mail your questions to yourmoney@ap.org (March 12)

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March 12- Stocks Rally on Good News for Banks

Investors have been clamoring for months for a bit of good news. On Thursday, they got a load of it. mThe Dow Jones industrials shot up 240 points, bringing its gains over the past three days to 622 points. (March 12)

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Jobless Claims Rise As Retail Sales Slip

With layoffs spreading, the number of initial claims for jobless benefits rose last week, while the total number of people continuing to receive benefits set a record high. (March 12)

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Obama Urges Wise Spending of Stimulus Funds

President Barack Obama is urging state officials to spend funds from the $787 billion stimulus wisely. State officials are in Washington for a conference about the stimulus. (March 12)

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Obama- My Responsibility to Solve U.S. Problems

President Barack Obama says it is his responsibility to solve the problems facing the country, both now and in the future. Obama spoke Thursday before business leaders in Washington. (March 12)

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Shamed Madoff jailed after pleading guilty to fraud

Wall Street conman Bernard Madoff was led handcuffed to jail Thursday after pleading guilty to tricking thousands of people out of billions of dollars in one of history's biggest financial scams.

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Killings jolt Northern Ireland's 'Generation Y'

The murder of two soldiers and a police officer in Northern Ireland has come as a shock to the province's young people, for whom the sectarian violence of the "Troubles" is a relic of their parents' generation. Belfast's "Generation Y" gives its response to recent events.

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Germany grieves after school bloodbath

Flags were flying at half mast across Germany on Thursday as the nation mourned the 15 victims of a teenage gunman who staged a bloodbath at his former high school before dying in a shootout with police.

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Black gold in Ghana- prize or poison?

Only recently massive oil deposits have been discovered in Ghana. While the new find is certainly bringing riches, some people fear it will also increase corruption, instability and inequality in the country. Will the curse of oil afflict Ghana?

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Shock snapshots in French show

Fascination, manipulation, revulsion -- the great photos that make history both reveal and challenge the taboos of their times. A new exhibition at the French National Library showcases some of the world's most controversial snapshots. Visitors beware: they aren't for the faint-hearted.

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Space Shuttle Launch Postponed Until Weekend

NASA postponed the launch of space shuttle Discovery just hours before it was to head to the international space station Wednesday because of a hydrogen gas leak that could have been catastrophic at liftoff. (March 11)

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Training Programs Helps Horses and Convicts

Colorado prison inmates are helping the U.S. Bureau of Land Management train wild horses. The program keeps the horses from ravaging their grazing land and has a dramatic effect on the convicts. (March 12)

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Thousands Seeks Employment at Ga. Jobs Fair

Thousands of unemployed Georgians showed up for what the state's labor commissioner called a "job fair on steroids," featuring more than 100 potential employers. (March 11)

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Police- Man Partied With Model Later Found Dead

A man who killed himself as investigators sought to question him about a missing Tennessee woman had partied with the part-time model in Memphis shortly before she disappeared, police said Wednesday. (March 11)

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Skiing off-off-piste....on Turkey's eastern slopes

They are only a few hundred who, skis and poles in bag, dare to test the mountains of Turkey's wild, white east. The off-trail slopes of the Kackar range are reachable only by helicopter, and come at a price: more than 6,000 euros for a week of solitary skiing.

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Iraq shoe thrower's conviction stirs outrage

The Iraqi journalist who shot to fame for hurling his shoes at former US president George W. Bush was jailed for three years on Thursday, stirring outrage from his family and supporters.

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Hollywood turns to Thailand for cheap movies

Hollywood is turning to Thailand as a cheap place to make movies, ploughing millions of dollars into the kingdom's faltering economy.

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Madoff Victim- "We Were in Awe of Him"

Disgraced financier Bernard Madoff is expected to plead guilty to numerous counts of securities fraud Thursday, but many of his victims aren't taking any comfort in the expected plea. (March 11)

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Octuplets Mom's Proposed New Home Not Ready

Nadya Suleman, the Southern California mother of octuplets, can only move into a new house when hospital officials give her the okay, as the AP's John Mone reports. (March 11)

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Alaska Gov. Palin's Daughter, Fiance Break Up

Levi Johnston and Bristol Palin, the teenage daughter of Gov. Sarah Palin, have broken off their engagement, he said Wednesday, about two and a half months after the couple had a baby. (March 11)

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Organ Donor Transplant Chains

A new trend has emerged among individuals who receive an organ donation. As Michelle Miller reports, recipients of organs have been encouraged to in turn provide a donation for someone else.

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Madoff Victims On Guilty Plea

In Full: Nine victims of Bernard Madoff's multi-billion dollar fraud speak out against the con man and tell Katie Couric whether they think justice was served.

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Video Trail Mix- In First 50 Days, GOP All Over the Map

Everyone has been talking about Barack Obama's 1st 50 days in office. CQ Politics blogger Craig Crawford looks at how the Republicans have been doing in their first set as the minority party.

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A Buyer's Market

As the foreclosure crisis intensifies, many home shoppers and investors are turning their attentions toward house auctions. Anthony Mason reports this is a true buyer's market.

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Bernie Madoff Behind Bars

Disgraced multi-billion dollar Ponzi scam artist Bernie Madoff has pleaded guilty to 11 federal charges. As Armen Keteyian reports, Madoff is considered a flight risk and has been sent to jail.

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Ponzi Scheme Victims Speak Out

Katie Couric speaks with several investors who lost substantial amounts of money in a Ponzi scheme orchestrated by Wall Street financier Bernie Madoff, who recently pleaded guilty to fraud charges.

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Cantor at Coffeehouse conversations- Part 1

Cantor at Coffeehouse conversations: Part 1

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Notebook- Media And Economy

In reporting the news about job cuts, bank bailouts, and a failing economy, do the media actually make the economy worse? Katie Couric reports.

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Notebook- Madoff Behind Bars

With Katie Couric on assignment, Kelly Wallace reports on Bernard Madoff's guilty plea to charges that he carried out a ponzi scheme that robbed investors around the world of billions of dollars.

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Cantor- We can get a majority in 2010

Cantor: We can get a majority in 2010

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Eric Cantor's reading list

Eric Cantor's reading list

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Video Trail Mix- In First 50 Days, GOP All Over the Map

Everyone has been talking about Barack Obama's 1st 50 days in office. CQ Politics blogger Craig Crawford looks at how the Republicans have been doing in their first set as the minority party.

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Madoff Victims Speak Out

Bernard Madoff pled guilty to stealing as much as $65 billion from his clients. Karen Brown reports that Madoff will most likely spend the rest of his life behind bars.

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Obama defends multi-pronged approach

Obama defends multi-pronged approach

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House supports pi day

House supports pi day

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Cooking School- Fried Rice

Quick Fix Meals host Robin Miller showed "The Early Show" anchors how to make quick and easy fried rice.

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Sexpert On Male Sexuality

Men, if you're not Superman in the bedroom learn how to be Clark Kent. Dr. Harry Fisch talks to Dr. Jon Lapook about what every man and woman should know about male sexuality.

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Demi Moore Leech Therapy?

CBS News' Michelle Miller investigates first-hand the fact vs. fiction on bloodletting's approved medical uses. Arya Nielson, an integrative medicinal practitioner, talks about leeches with Maggie Rodriguez.

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Searching For Haleigh Cummings

America's Most Wanted host John Walsh spoke to Maggie Rodriguez about extreme drug trafficking methods and the search for Haleigh Cummings.

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Poor Billionaires

The number of billionaires has dropped for the first time since 2003, going from 1,125 to 793. The average billionaire is worth $900 million less than last year. Anthony Mason reports.

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Killing Spree In Alabama

A gunman in Alabama killed 10 people, including family members, before taking his own life. The killer left behind a hit list of people who had 'done him wrong.' Mark Strassmann reports.

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Remix Your Wardrobe

People Style Watch's Lori Bergamotto showed Maggie Rodriguez how to keep up with fashion trends without spending a dime.

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Thursday's Gibbs and takes

Thursday's Gibbs and takes

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Gregg knocks WH leadership

Gregg knocks WH leadership

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Obama pays tribute to Lincoln

Obama pays tribute to Lincoln

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Common Cold Or Allergies?

In the new series, Alergy Alert, Maggie Rodriguez spoke with Allergist Dr. Jonathan Field about how to tell the difference between a cold and allergy symptoms.

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Disappearing Billionaires

Forbes magazine reported that there are 355 fewer billionaires this year compared to last year. Ben Tracy reports.

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Tricky Tax Code Revealed

Accountants and financial experts from Money magazine and H & R Block answer viewers' questions about their 2008 tax returns with Harry Smith.

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Missing In Paradise

Leta Cordes disappeared a year ago while she was living in St. Maartin with her husband. Cordes' friends spoke with Julie Chen about their initiative to find her body.

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Obama's stimulus remarks

Obama's stimulus remarks

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The SEC Just Failed Us

Maggie Rodriguez spoke with three victims of Bernard Madoff's Ponzi scheme who are speaking out about the SEC and Madoff's sentencing.

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Domestic Violence In The U.S.

Experts believe one in four women will be on the receiving end of domestic violence in their lifetime. And, as Byron Pitts reports, teenaged girls are also at risk.

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Building a National Clean-Energy Smart Grid

http://www.americanprogress.org/issues/2009/02/wired_for_progress.html What is a national clean-energy smart grid? Why do we need a national clean-energy smart grid? And how do we implement a national clean-energy smart grid? Bracken Hendricks of the Center for American Progress explains what the national clean-energy smart grid is, why we need it, and how we can implement it in the latest installment of CAP's ASK THE EXPERT series.

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Keeping Kids In Shape

A fitness program in Texas mandates daily PE classes and annual fitness tests for kids. As Cynthia Bowers reports, they're now getting better grades and staying active.

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Flip-Flopping On Earmarks?

President Obama's spending bill is loaded with 8,500 earmarks, a process he promised to reform during his campaign, but he noted the bill's passage was necessary. Chip Reid reports.

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Sgt. Wasson Comes Home

In October, "Up to the Minute" reported on deployed military moms and dads who were missing milestones in their children's lives. In this update, CBS News' Michelle Gielan describes one mother's homecoming.

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Plane Drops Debris Over NYC

An American Airlines plane left LaGuardia airport bound for Chicago when it experienced engine failure and dropped parts over a Queens neighborhood. The plane landed safely shortly after.

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POLITICO Playback 3/12/09

POLITICO Playback 3/12/09

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Rampage In Germany Kills 11

Three teachers and nine students were killed during a shooting rampage at a high school in Germany. As Richard Roth reports, the gunman was a former student but his motive is still unclear.

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Safe Landing In Detroit

Caught On Tape: A single-engine Lancair's problem with its right landing gear caused the small plane to make a safe, emergency landing at Detroit's City Airport.

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AP Top Stories

Here's the latest news for Thursday, March 11th: Profile emerges of Alabama shooter; Teen gunman goes on rampage in Germany; Man rescued after going over Niagara Falls; Bristol Palin and fiance split up.

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New Demands by China's Defense Ministry

China's Defense Ministry is demanding that the U.S. Navy end surveillance missions off China's southern coast following a weekend confrontation between an American vessel and Chinese ships. (March 12)

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Man Rescued After Plunging Into Niagara Falls

A man jumped into Niagara Falls on Wednesday and survived the 180-foot plunge, then resisted rescue attempts before he eventually was pulled from the icy water to safety, police said. (March 11)

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Arrests Near in Fight Club for Mentally Disabled

Warrants are being prepared for employees of a Corpus Christi, Texas facility for the mentally disabled. Police say workers who organized fights between the institution's residents would face a felony charge of injury to a disabled person. (March 11)

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Details Emerge About Ala. Shooting Suspect

A gunman who killed 10 people and himself in the worst mass shooting in Alabama history had trained as a police officer and quit a job at a nearby sausage plant days before the deadly spree. (March 11)

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Drugs, Prostitution Link Some N.M. Desert Bodies

New Mexico police identified the remains of two more women among 13 bodies unearthed during a desert excavation outside Albuquerque. (March 12)

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Inside the Courtroom With Madoff

Associated Press writer Tom Hays talks about the scene inside a Manhattan courtroom when disgraced financier Bernard Madoff entered a guilty plea in what may be the biggest financial swindle in Wall Street history. (March 12)

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Rapes in Kansas College Towns May Be Linked

Officials now believe that 13 rapes that occurred near the campuses of Kansas State University and University of Kansas in the past eight years could be connected. (March 12)

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Space Crew Takes Refuge From Debris

A Russian space official says the Russian-American international space station crew left the orbiting station Thursday and briefly took refuge in a capsule because of concerns about nearby debris. (March 12)

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First Person- Need Rises for Last-Resort Clinics

Community hospitals and local health clinics have become busier in recent months as the economy has worsened and people go without medical insurance. (March 12)

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Raw Video- Casey Anthony Back in Court

Casey Anthony,charged with the murder of her daughter Caylee, returned to an Orlando courtroom to ask a judge to force prosecutors to turn over evidence dealing with DNA tests and investigative reports. (March 12)

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A Glimpse Into a Killer's Room

Authorities and residents in Alabama are searching for answers about the man who went on a rampage that left 11 people dead. (March 12)

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Business- Untangling the Madoff Case

As Bernard Madoff enters his plea, many questions remain unanswered about his crimes. Diana B. Henriques analyzes the case.

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Pope Admits Errors in Holocaust Denial Case

Pope Benedict XVI has made an unusual public acknowledgment of Vatican mistakes and turmoil in his church over an outreach to ultraconservatives that led to his lifting the excommunication of a Holocaust-denying bishop. (March 12)

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Raw Video- Car Slams Into Sheriff's Vehicle

While at the scene of an overturned semi in Jefferson county, Iowa, a second accident happens and it's captured on an officer's dashcam. A driver failed to approach at a safe speed, clipped a fire truck and smashed into the sheriff's vehicle. (March 12)

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FBI Raids Obama Official's Former Office

A District of Columbia employee and a technology consultant have been hit with corruption charges after a raid on the former office of a city official who now works for President Barack Obama. (March 12)

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Alabama Shooter May Have Had 'hit List'

Police in Alabama are still working to figure out exactly what happened as 28-year-old man went on a murderous rampage that left 11 people, including himself dead. The AP's Rich Matthews reports. (March 12)

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Economy Threatens One-classroom School

The downturn in the economy is hurting school systems across the country, including small rural communities in California. In wine country, parents are fighting to save a one-classroom school that dates back to the Civil War. (March 12)

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Pelosi Downplays Second Stimulus Package

House Speaker Nancy Pelosi is taking a wait and see approach to another economic stimulus package. Pelosi said she wants to see the first stimulus package 'play out' before considering a second package. (March 12)

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Pakistani Police Block Opposition Protest March

Police arrested protest leaders Thursday and stopped hundreds of marchers from leaving Pakistan's largest city for a rally in the capital, underscoring the government's determination to squelch the demonstration. (March 12)

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Video Essay- I Realized They Were All Dead

Tuesday's deadly rampage through South Alabama touched an entire region. One woman describes how she watched the shooter open fire, destroying a number of lives. (March 12)

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Shoe-throwing Journalist Gets 3 Years in Prison

The attorney for an Iraqi journalist who threw shoes at then-President George W. Bush says his client has been sentenced to three years in prison for assaulting a foreign leader. (March 12)

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125 Firefighters Tackle Indianapolis Fire

A large fire burned part of an under-construction apartment complex Thursday morning just a few blocks north of the Statehouse, with bright flames consuming the five-story building and smoke billowing across the city skyline. (March 12)

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German School Mourns Following Deadly Attack

More details are emerging about the gunman who entered a German school Wednesday, killing several students and teachers. Flags are now flying at half staff, and there is a growing memorial at the school to remember the victims. (March 12)

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