Episode
60 Minutes: Wall Street Speculation, Obama's Advisor, Wyclef Jean
Overview
Steve Kroft explores how our current economic mess had more contributors than we may have thought. Not the least of which being Wall Street speculation in the oil futures market. News correspondent, David Martin with the Joint Chief of Staff Adm. Mike Mullen. This is Obama's advisor as our government changes parties during wartime, another historical first. Finally, Scott Pelley with Wyclef Jean, a Haitian immigrant turned rock star.
Details
- Series
- 60 Minutes
- Season
- Season 41
- Episode
- Episode 16
- Air date
- 2009-01-11
- Runtime
- 44 min
Episode context
Wall Street Speculation, Obama's Advisor, Wyclef Jean is Episode 16 in Season 41 of 60 Minutes. It aired on 2009-01-11. The runtime is 44 min.
Previous / Next
Episode 15: Mind Reading, Is It Murder?, The Mad Scientist of Football
Mind reading with a scientific spin. What studies have found by looking into our brains.
Lesley Stahl reports. Bob Simon reports on drunk driving and new campaigns that include longer prison sentences and even charges of murder.
Finally, Scott Pelley with Texas Tech coach, Mike Leach.
Episode 17: The Winter of Our Hardship, No Peace Deal, Wine Rx
Scott Pelley in Wilmington, Ohio where DHL, the town's largest employer has closed operations. The massive hardships are seen on a tremendously personal level, including how one supervisor who would walk dismissed employees off the property and take their ID badges, had it done to her as well.
With "No Peace Deal", Bob Simon from Israel and the West Bank.
Finally, Morley Safer reports on resveratrol, a substance in red wine that so far has repeatedly shown promise at lengthening lifespans.
More episodes from this season
Episode 14: The Road to the White House
Steve Kroft and a special edition 60 Minutes that explores President Elect Obama's long trek to winning the presidential election.
Episode 18: Brace For Impact, Coldplay
Long awaited Katy Couric interview with Capt. Chesley (Sully) Sullenberger, the heroic pilot who successfully landed a 75 ton jet in the Hudson River without a single loss of life. This is Sully's first in depth interview and not surprisingly, very candid and thoughtful.
Steve Kroft with Coldplay, the British group that rarely gives interviews and has been nominated for seven Grammys (airing tonight).
Episode 13: Governor Schwarzenegger, Airport Security, Elephant Orphans
Scott Pelley with Arnold Schwarzenegger and the sad state of the State of California. The man who once topped box office charts, now a political leading man despite facing some huge challenges with California's economical spiral.
Also tonight, Lesley Stahl and the latest on airport security measures. Where weaknesses remain, where new tools are being tried and how Kip Hawley (outgoing head of TSA) feels poor reports are unjust.
Finally, Bob Simon follows up on the orphaned elephants of Kenya. Why their numbers are still significant.
Episode 19: Buy American; Whistle Blower; Taliban Power
Lesley Stahl examines the new "Buy American" clause pushed for public works funded by the stimulus money. Dan DiMicco, CEO of the nation's largest steelmaker thinks it's a great idea. The head of Caterpillar, on the other hand, believes retaliation by other countries could spur them to push their own "Buy Europe" or "Buy China" clauses and end up hurting the American economy even more.
Episode 12: Barney Frank, Where's the Bottom? And Win Forever
Lesley Stahl speaks with House Financial Services Committee Chairman Rep. Barney Frank (D.-Mass.)
Scott Pelley investigates the deepening mortgage crisis; Byron Pitts profiles USC football coach Pete Carroll; And Andy Rooney checks his mail.
Episode 20: Lower Drinking Age; Muslim Militants; Nazi Mascot
Lesley Stahl reports on the newest argument to reduce the legal drinking age to 18. More than 100 college presidents believe this will reduce binge drinking. Numerous organizations believe this would mean 900 families a year burying a teen.
In our next segment, Lara Logan talks with Richard Butler, the CBS Newsman kidnapped along with others by Muslim militants. For three months he lived believing he would never make it out alive.
Also, Bob Simon with a truly unusual story about a young boy living with Nazi's after his family was massacred by them.
Episode 11: The Oil Kingdom, Schnabel
Lesley Stahl visits Saudi Arabia and tours the oil producing facilities while interviewing Saudi officials. Though prices have plummeted in recent months, they're not worried. What's in store for us, and them.
In our second story, Morley Safer with Julian Schnabel, a powerhouse in art and film who made his initial mark in the 1980's and has never looked back.
Episode 21: SEC Ignoring Fraud; Mexico's War; The Republican Obama
The Bernard Madoff rip-off involved thousands of victims and billions of dollars. Why does Harry Markopolos claim that the SEC (Security Exchange Commission) wouldn't know fraud if it was handed to them? Steve Kroft reports on how the contention is that the SEC personnel reportedly watching out for this aren't experienced enough to see it.
In our second story, CNN's Anderson Cooper reports about the ongoing and growing war involving Mexican gangs and drugs. With most of their weapons coming from the U.S. and more than 6,000 deaths in the last couple of years, it may be time to notice and do something about it.
Finally, Morley Safer with Republican Governor of Louisianna, Bobby Jindal. The son of Indian immigrants, at just 37 years old, is he a future contender for the presidency?
Episode 10: The Cheaters, The Silver Star, Michael Phelps
Online gambling is illegal in the U.S., but it's a nearly impossible law to enforce. In this story, a group of men turn a dishonest cyber-poker game around and cheat to the tune of $20 million. In the second story tonight, Lara Logan reports on the second woman to ever win the Silver Star (the first being in World War II). Monica Brown wasn't even supposed to be there when she ended up saving two wounded men in battle.
Also tonight, Michael Phelps talks with CNN's Anderson Cooper. This 23 year old Olympic record breaker, now a marketing millionaire and still remarkably personable.
Episode 22: Follow the Failure; DNA exoneration
Follow the FDIC as they actually take over a bank, secretly on a Friday night. What exactly happens when a bank fails? Scott Pelley reports.
Lesley Stahl with a very interesting report on DNA evidence and how it weighs against, or with eyewitness accounts of crimes. Included in this segment, Jennifer Thompson, a rape victim who testified against Ronald Cotton, the man she was absolutely sure was her attacker. Years later, DNA exonerated Cotton and Jennifer admits she was wrong. This unlikely pair have teamed up to change the way system works, or doesn't work.