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March 19th, 2009
09:44 PM ET

Live Blog from the Anchor Desk 3/19/09

Here's your chance to give your feedback on the show and talk with our anchors, reporters, and producers. Join the Live Blog!

Don't miss Randi Kaye's webcast during the commercials. Watch our WEBCAST

Want to know what else we're covering tonight? Read EVENING BUZZ

Keep in mind, you have a better chance of having your comment get past our moderators if you follow our rules.

Here are some of them:

1) Keep it short (we don't have time to read a "book")

2) Don't write in ALL CAPS (there's no need to yell)

3) Use your real name (first name only is fine)

4) No links

5) Watch your language (keep it G-rated; PG at worst - and that includes $#&*)

And take a look at our live web camera from the 360° studio. Watch the WEBCAM


Filed under: Live Blog • T1
March 19th, 2009
08:20 PM ET

Geithner informed about bonuses

Timothy Geithner explains when he knew about the bonuses paid to AIG executives. To see more of Ali Velshi's interview tune in to AC360° at 10pm ET tonight.


Filed under: AIG • Ali Velshi • Economy • Raw Politics • T1
March 19th, 2009
07:53 PM ET

Evening Buzz: On the Road to Rescue in Hempstead, N.Y.

Cate Vojdik
AC360° Writer

Tonight, Anderson and Team 360 are in Hempstead, New York, on Long Island. We’ll be broadcasting from the campus of Hofstra University as we continue our special Road to Rescue reporting. The economic crisis has created new worries for college students. How will they pay for tuition? Will they get a job after graduation to pay off all their loans? We’ll be taking questions from Hofstra students tonight. Innovation consultant and author Frans Johansson, who wrote “The Medici Effect,” will be in the thick of the crowd with advice.

It’s not just college students feeling under pressure. At a town hall meeting today in California, President Obama listened to concerns about the enormous deficits California schools are facing. Mister Obama said his administration is pushing to spend more on education, but he also told Americans not to expect something for nothing; he said those demanding more money for schools should be willing to embrace reform, too.

What do you think? Is that a fair deal?

Meantime, First Lady Michelle Obama spent part of her day at a high school in one of Washington’s poorest neighborhoods, where she talked to students about the value of a college education and hard work. It was part of an outreach program to celebrate Women’s History Month. Mrs. Obama recruited 21 other prominent women - including celebrity athletes, actresses, Grammy Award-winning singers, and a former astronaut - to fan out to 10 other schools in the area. We’ll have more on Michelle Obama’s outreach efforts tonight.

FULL POST


Filed under: Cate Vojdik • The Buzz
March 19th, 2009
05:28 PM ET

New Mexico repeals death penalty

Editor’s Note:You can read more Jami Floyd blogs on “In Session.”

Jami Floyd
AC360° Contributor
In Session Anchor

Just as our new live trial, New Mexico v. Brandon Craig got underway yesterday, there was even bigger news breaking in the state. Governor Bill Richardson signed into law a repeal of the state’s death penalty.
That makes New Mexico the second state to ban executions since the U.S. Supreme Court reinstated capital punishment in 1976. The repeal, which passed a vote in the state senate Friday and was approved by the house a month earlier, will take effect July 1st and will apply to crimes committed after that date. Once in effect, the most severe punishment will be a sentence of life in prison without the possibility of parole.

Governor Richardson has long been a proponent of capital punishment. But he had the courage to face the fact that our system of justice can never be perfect. He signed the bill because his conscience compelled him to do so. This was the “most difficult decision” of his political life, Richardson said, but “the potential for … Execution of an innocent person stands as anathema to our very sensibilities as human beings.” And he’s right.

If the innocence movement has taught us anything it is that our justice system is not perfect. We make mistakes. Without the death penalty, New Mexico can avoid the kind of fatal error that is bound to happen elsewhere — if it hasn’t already.


Filed under: Death penalty • Jami Floyd
March 19th, 2009
05:24 PM ET

Geithner a liability for Obama?

John Feehery
Special to CNN

The man who was a symbol of Barack Obama's moderation might become a symbol of the new president's struggle with competence.

Tim Geithner, who was once hailed as the kind of guy who understood Wall Street, is now the Obama administration's version of "Brownie" (as in "Brownie, you're doing a heck of a job.").

At the mere word of Mr. Geithner's nomination as treasury secretary back in November, the market jumped close to 500 points. He was hailed by market insiders as a "fantastic choice," "highly-skilled and pragmatic." He was even praised by his Bush administration predecessor, Hank Paulson, who said, "I have great confidence in his understanding of markets, his judgment and leadership, and his ability to meet the challenges that lie ahead."

Read more...


Filed under: Economy • President Barack Obama
March 19th, 2009
05:05 PM ET

Beat 360° 3/19/09

Ready for today's Beat 360°?

Everyday we post a picture – and you provide the caption and our staff will join in too.

Tune in tonight at 10pm to see if you are our favorite!

Here is the 'Beat 360°' pic:

Senate Banking and Urban Affairs Committee Chairman Christopher Dodd (D-CT) leaves to vote during a hearing on bank supervision and regulation on Capitol Hill March 19, 2009 in Washington, DC

Have fun with it. We're looking forward to your captions!

Make sure to include your name, city, state (or country) so we can post your comment.

UPDATE: Check out our Beat 360° Winners!

________________________________________________

Beat 360° Challenge

But wait!… There’s more!

When you win ‘Beat 360°’ not only do you get on-air prime-time name recognition (complete with bragging rights over all your friends, family, and jealous competitors), but you get a “I Won the Beat 360° Challenge” T-shirt!


Filed under: Beat 360° • T1
March 19th, 2009
03:01 PM ET

Pour some sugar on me (seriously, I'm begging you)

Jack Gray
AC360° Producer/Writer

It finally happened, I decided to give it up.  Sugar.  And no, "Sugar" is not some lover I've had stashed on Key Largo.  That was over months ago and you know it.  I'm talking about actual sugar.  The stuff with which we season broccoli and exfoliate our skin in the shower.  What?  Don't look at me like that.

Frankly, this was a long time coming.  When you find yourself ecstatic that Anderson is going on a road trip because it means you can barricade yourself in his breakfast nook and do shots of rare maple syrups, you know you have a problem.  Which is exactly what I said to Larry King when I found him in there, his suspenders covered in pancake batter.

But, as the old saying goes, people in glass houses bought with mortgages they couldn't afford in the first place shouldn't throw stones, so I told Larry that I, too, was a sugar addict.  And, I added apropos of nothing, the next time he has Joan Rivers on his program he should really give a viewer discretion warning about her plastic surgery.

FULL POST


Filed under: 360° Radar • Economy • Jack Gray • Nutrition
March 19th, 2009
01:52 PM ET

Waiting for Geithner

Program Note: For more on Ali's interview with Treasury Secretary Geithner, tune in to AC360° tonight at 10 p.m. ET.

Ali Velshi
CNN Chief Business Correspondent

I'm sitting in the Office of the Undersecretary of Domestic Affairs at the Treasury Department in DC.

The office in unoccupied – as are many in the building. It may be part of the problem.

Treasury Secretary Tim Geithner (whom I'm interviewing within the hour) has no deputy, and very little in the way of senior staff. And, according to the President, he's dealing with more crisis early on than ANY Treasury Secretary since – get this – Alexander Hamilton.

FULL POST

March 19th, 2009
01:09 PM ET

Dad disappears

Kurt Anderson has been missing since March 3rd.

Kurt Anderson has been missing since March 3rd.

Gabriel Falcon
AC360° Writer

March 3rd began as an ordinary day for Kurt Anderson and his family. On that Tuesday morning, the married father of three drove one of his kids to school in Sacramento, California. The child left the car and headed for class. The father put his foot on the gas pedal and drove away. But Anderson has not been seen since.

Did Anderson deliberately abandon his family? Is he running away from someone or something? Police have no answers.

They are, however, looking for Anderson and have classified him as a missing person.

Before he vanished, Anderson called work and said he would be in late. About that same time, he was allegedly caught on surveillance tape withdrawing cash from a grocery store bank.

Police say the video does not indicate foul play, according to local media reports.

Now – three weeks later – investigators have very few leads other than his car – a 2004 white Honda with the license plate #5EBD206.

Anderson is 51-years-old, 6’0, weighs 215 lbs, and has green eyes.

Take a look at the photographs in the Sacramento Police Department media release. If you recognize Anderson or the vehicle, contact the department at 916-443-HELP or send a text to 274637 and enter SACTIP.


Filed under: Crime & Punishment • Gabe Falcon
March 19th, 2009
12:17 PM ET

Financial Dispatch: Bonus battle & a new bailout

Sen. Dodd told CNN Wednesday that officials in the Treasury Department asked him to add the bonus loophole to the stimulus bill before it was passed.

Sen. Dodd told CNN Wednesday that officials in the Treasury Department asked him to add the bonus loophole to the stimulus bill before it was passed.

Andrew Torgan
CNN Financial News Producer

The controversy surrounding bonuses at AIG hit a boiling point Wednesday when company CEO Edward Liddy testified before a House Financial Services subcommittee.

Liddy, who was grilled by lawmakers, addressed one of the key questions surrounding the controversy: When did officials first learn that AIG was planning to give those bonuses that CNN first reported on last December?

Liddy said Fed Chairman Ben Bernanke knew about the payments for three months and Treasury Secretary Tim Geithner found out about them two weeks ago - a week before Geithner has said he first heard of the bonuses from his staff. The Treasury Department, however, said Liddy was mistaken.

Meanwhile, Senate Banking Committee Chairman Christopher Dodd told CNN Wednesday that he was responsible for language added to the federal stimulus bill to make sure that already-existing contracts for bonuses at companies receiving federal bailout money were honored.

FULL POST


Filed under: AIG • Andrew Torgan • Economy • Finance • Gas Prices • Oil • Wall St.
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