The number one bestselling book “The Big Short: Inside the Doomsday Machine” that details the 2008 financial crisis is now out on paperback with a new afterword. Today on American Morning, "Big Short" author Michael Lewis is with AM’s Kiran Chetry to talk about the roller-coaster ride of the economy last year, and the reactions to the book by some of its subjects, including members of Congress.
Lewis also gives his insight on the protests in Egypt and the economic toll they may have on the financial markets in the United States. Watch to see why he says Wall Street is always looking for something to blame.
Miller High Life markets itself as the beer for the everyman. And now the company is launching an ad campaign for the everyman too.
Miller High Life will air new commercials in coverage surrounding the Super Bowl that revolve around the customer. Consumers will be able to sign up with Miller High Life to be "sponsored" and will then have the choice of receiving a $1 check, a $1 coupon for Miller High Life or donating $1 to U.S. veterans.
Windell Middlebrooks, the man starring in the ads, talks to T.J. Holmes about the philosophy behind the Miller High Life campaign and gives American Morning a preview of a new commercial.
Who are the pro-democracy protesters leading the unrest on the streets of Egypt? While protesters of all ages have all been spotted participating, the youth generation—bonded together by the Internet— is significantly influencing the rising movement in the country.
TIME’s cover story takes a closer look into the pro-democracy protesters. The organizers are young, but maybe not as young as you think. Check out American Morning’s preview of the piece with its author Bobby Ghosh, deputy international editor of TIME.
What other countries in the Middle East and North Africa have rising youth movements? Find out here: http://www.cnn.com/2011/WORLD/africa/02/02/arab.youth.challenges/
(CNN) - Heavy gunfire reverberated in central Cairo before dawn Thursday as supporters and foes of embattled Egyptian President Hosni Mubarak continued to face off at Tahrir Square, where chunks of concretes and Molotov cocktails were employed as weapons in the escalating crisis. CNN personnel saw wounded people being carried into Tahrir Square, largely held by anti-regime demonstrators, through an entrance that leads to the nearby Egyptian Museum. Several ambulances entered and left the square shortly before 4 a.m. Thursday. Sustained automatic weapons fire, including from what sounded like a heavy machine gun, echoed around the square, the epicenter of nine days of protests calling for Mubarak's ouster. Anti-government demonstrators hunkered down behind makeshift barricades in the square and outside the nearby national museum against the onslaught, which demonstrators said included plainclothes police officers.
With unrest still happening throughout Egypt this morning between anti-Mubarak and pro-Mubarak protesters, what options does Mubarak have, and how should President Obama approach the situation?
Today on American morning, Mona Eltahawy, a columnist who was born in Egypt, and Nicholas Burns, former Under Secretary of State and now professor of diplomacy and international politics at Harvard, discuss Egypt and America's next diplomatic steps with T.J. Holmes.
Egyptologists and archaeologists have been at unease since late last week when the unrest in Egypt led to damages to some of the nation's priceless treasures. Last Friday, looters at the Cairo Museum damaged two statues of King Tutankhamun, broke 13 glass showcases and damaged 70 other antiquities. There have also been reports of looting at dig sites around the country.
This morning, Dr. Bob Brier, Egyptologist, tells AM’s Kiran Chetry and T.J. Holmes what damage has been done, how it can be repaired, and how some Egyptians are banding together to protect the museums.
Brier says the entire country of Egypt is a "vast outdoor museum," and that the monuments are certainly not safe.