Episode
60 Minutes: SEC Ignoring Fraud; Mexico's War; The Republican Obama
Overview
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?
Details
- Series
- 60 Minutes
- Season
- Season 41
- Episode
- Episode 21
- Air date
- 2009-03-01
- Runtime
- 44 min
Episode context
SEC Ignoring Fraud; Mexico's War; The Republican Obama is Episode 21 in Season 41 of 60 Minutes. It aired on 2009-03-01. The runtime is 44 min.
Previous / Next
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 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.
More episodes from this season
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 23: What Went Wrong; Nourishment of a Nation
Scott Pelley with Federal Reserve Chairman, Ben Bernanke about what went wrong and brought us to this incredible economic crisis. There is so much to discuss that this segment is double-length.
Next, Lesley Stahl with Alice Waters, a world class chef, author of 8 cookbooks and a personal problem with microwaves. Well, at least to the point of wanting to show people how easy, environmentally friendly and healthy fresh, organic can be.
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 24: Barrack & Michelle Obama
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.
Episode 25: Do You Have Worms?; Kenya Cats; LeBron James
Cyber gangs use computer viruses to gain information to electronically rob bank accounts; the African lion is in danger of extinction; basketball star LeBron James earns tens of millions of dollars annually.
Episode 16: Wall Street Speculation, Obama's Advisor, Wyclef Jean
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.
Episode 26: Closing the Clinic/Torture in Iran/Dolly
"Closing the Clinic" examines how the economic crisis is closing hospitals and medical clinic around the country. "Torture in Iran" interviews and Iranian dissident about his eight year incarceration in and eventual flight from Iran. "Dolly" interviews the famous country singer. "Andy Rooney" talks about money.
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 27: Bionic Veterans; Guns for Sale; Steve Wynn's Win
Scott Pelley gets some incredible insight as to the advances made in prosthetic limbs. Fred Downs, head of prosthetics for the Veterans Administration, demonstrates the almost "sci fi" type limbs now being used to change lives.
In our second story, Lesley Stahl explores the reasons behind an increase in gun sales and why at least one advocacy group is encouraging Americans to be armed.
Finally, a look at the glitz and glitter of casino gaming as seen through the eyes of one of the most innovative and successful moguls, Steve Wynn. He is interviewed by Charlie Rose who also discusses the eye disease that may soon take the sight of this visionary.
And tonight, what's the problem with Andy Rooney.