October 15th, 2009
11:05 AM ET

An Evening With Nobel Peace Prize Winner Dr. Shirin Ebadi

[cnn-photo-caption image=http://i2.cdn.turner.com/cnn/2009/WORLD/meast/04/22/iran.us.journalist/art.ebadi.gi.jpg caption="Shirin Ebadi, a civil rights leader in Iran, was awarded the Nobel Peace Prize in 2003."]
Arsalan Iftikhar
AC360° Contributor

When TIME Magazine named 2003 Nobel Peace Prize Winner Dr. Shirin Ebadi as one of their 2004 ‘TIME 100 Most Influential People in the World’, they rightfully noted that Dr. Ebadi was indeed “a woman of steel” and a human rights champion with “a heart of gold”.

On October 10, 2003, Dr. Shrin Ebadi became the first Muslim woman (and first Iranian citizen) to be awarded the 2003 Nobel Peace Prize in Oslo, Norway. In giving her the 2003 Nobel Peace Prize, the committee members in Oslo noted her special dedication for “the rights of women and children” around the world.

Furthermore, the Nobel committee noted that Dr. Ebadi “has consistently supported non-violence” and as opposed to military armed conflict, she also “favors enlightenment and dialogue as the best path to changing attitudes and resolving conflict” around the world.

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Filed under: Arsalan Iftikhar
October 15th, 2009
10:16 AM ET

So, the Dow hit 10,000. Boy, are we screwed.

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David Gewirtz | BIO
AC360° Contributor
Editor-in-Chief, ZATZ Publishing

I know I should be celebrating. The Dow hit 10,000 yesterday after more than a year in the doldrums. So why do I have this really bad feeling in the pit of my stomach?

It's not like the fundamentals of our economy are that much more sound now than they were six or nine months ago. Health care reform still seems like a $2.4 trillion boondoggle intended to benefit those who thrive off our pain. We're still about 20 million jobs below where we need to be for most Americans to be adequately employed. And millions of Americans are still underwater in their homes, if they have anywhere to live at all.

And, oh, sure, the bankers are reporting epic profits, but those profits aren't really real. Those profits are there because taxpayers got suckered into giving away the store to the banks, and the banks kept most of the money, called it profits, used it to boost their stock price, and then gave themselves all millions of dollars in bonuses.

Heck of a scheme, if you can get away with it.


October 15th, 2009
10:15 AM ET

Morning Buzz: President Obama in NOLA

[cnn-photo-caption image=http://i2.cdn.turner.com/cnn/2009/US/08/28/rebuildling.lower.ninth.ward/art.green.gi.jpg caption="Robert Green stands on the porch of his family's FEMA trailer in front of his new home earlier this year."]

Eliza Browning
AC360° Associate Producer

President Obama is in New Orleans today for the first time since taking office. He will tour a charter school and then hold a town hall meeting to address the concerns of many NOLA residents. More than 65,000 homes remain abandoned, the levees are still vulnerable and there is no public hospital.

President Obama is expected to focus on efforts to rebuild the area, including cutting through red tape and easing funding so residents can become self-sufficient. Have public officials lived up to their promises of recovery? And can the Obama administration effect change? Will the rhetoric translate into reality on the ground? We’re keeping them honest tonight.

Yesterday, the Dow Industrials closed above the 10,000 mark for the first time in more than a year. Wall Street rallied on earnings optimism following upbeat profit reports. Many say the 10,000 mark represents a psychological barrier and may boost consumer confidence. Is it proof the economy is rebounding? Yesterday we also learned that salaries in the financial sector are on track to break record highs this year, even surpassing salaries from the peak year of 2007. Does the financial recovery mean a return to the status quo? Will there be a fundamental change to Wall Street’s pay culture?

Meanwhile, we learned today that the number of foreclosure filings hit a record high in the third quarter. That means that one in every 136 U.S. homes were in foreclosure – a 23 percent jump from a year ago. While Wall Street continues to make gains, why are people on Main St. still suffering? We’re digging deeper tonight.

Tonight Dr. Sanjay Gupta reports on a woman’s near-death experience. Laura Geraghty, a school bus driver in North Attleboro, Mass., collapsed after she finished her bus run. Despite frantic CPR and defibrillator efforts from a school nurse and responding paramedics, she went without a heartbeat for nearly an hour before being shocked back to life. She emerged, incredibly, without even a bit of brain damage.


Filed under: Eliza Browning • The Buzz
October 15th, 2009
08:05 AM ET

Dear President Obama #269: The Dow – hardly average now

Reporter's Note: President Obama has made a lot of trips around the country since taking office. I keep hoping he’ll send at least a postcard in return for all these letters I’m writing. Maybe a nice woodland scene with a woodchuck, and a lovely “Visit Beautiful Pennsylvania” inscribed alongside. That would be nice.

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Tom Foreman | BIO
AC360° Correspondent

Dear Mr. President,

Congratulations! The Dow Jones Industrial Average has finally crawled back above 10,000, closing there for the first time in more than a year, and I couldn’t be happier! Well, that’s not entirely true. I guess I could be happier if I truly understood what it meant. In candor, I long ago lost my confidence in the market as a clear indicator of what is happening in the economy, but the legions of winged monkeys we call financial gurus say this is positive news, so I won’t throw water on the witch. I’ll just join in the party.

I spend a lot of time keeping an eye on a wide range of economic indicators, and they are still offering a very mixed picture of what is going on. Some things seem to have bottomed out, or may be moving slightly up again, like housing. Some things still seem bad and getting worse, like jobs. And some things, like the market seem to be getting better, then worse, then better, and on and on it goes.

The numbers on all these fronts are, frankly, far too daunting for a mere mortal to sort out. But the Dow’s big win matters anyway; not because it will affect everyone (because it won’t,) not because we all hold stock in companies that will be caught up in some new market wave (because we don’t,) but because it offers a little hope in a year that has seen precious little of it. And here’s the peculiar part: I’m not talking about hope for normal voters. I’m actually talking about hope for all your big political pals, and those titans of industry with whom you rub elbows.


October 15th, 2009
07:56 AM ET
October 15th, 2009
06:18 AM ET

Sound Off: Your comments 10/14/09

Editor's Note: After last night’s AC360° we received many comments regarding Rush Limbaugh’s interest in purchasing an NFL team. Many viewers don’t think Limbaugh should be allowed to purchase a team, while some of you think he has the right to invest his money at his discretion. What do you have to say? Let us know—we want to hear from you.


As an American we should have a right to buy what we can afford. However, Rush might be receiving what he has done so often to others in past. I believe Rush has used his platform to bring down a lot of people whether they deserved it or not.

Rush Limbaugh has badmouthed everybody on the planet & now that he can't get what he wants he's crying foul.

Mr. Limbaugh is the victim here. It’s a free country; he should have the right to do whatever he wants with his money. If the players don’t want to play for him, that’s their choice.

Why are you defending Limbaugh? You didn't try to be objective at all. You slanted the discussion in favor of Limbaugh…

Filed under: Behind The Scenes
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