American Morning

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November 10th, 2011
02:38 PM ET

How to invest in mutual funds, index funds, ETFs – Ali and Christine explain

All this week, Ali and Christine are teaching you how to 'speak money.'

People used to buy individual bonds, stocks and cds. Not anymore. Now, you can easily put your money in multiple parts of the market all at once with mutual funds, index funds and exchange traded funds or ETFs. But what are these funds and where do you start?

Ali Velshi and Christine Romans have authored a new book called "How to Speak Money" and in this video, they explain how you can jump into investing in these new funds.


Filed under: 401k • Investing
November 10th, 2011
02:30 PM ET

Paterno fired, Penn State students riot – child sex abuse scandal widens

Joe Paterno, the legendary Penn State football coach, has been fired in the wake of a growing child sex abuse scandal at the school.  Despite pleas from Paterno to "remain calm," students reacted angrily to the news. Students clashed with police on the streets of State College, Pennsylvania; tear gas had to be used to break up the crowds.

Christine Romans speaks with Sarah Grimm, a reporter for "The Patriot News," to get student reaction to these explosive events.


Filed under: Controversy • Penn State • Sports
November 10th, 2011
02:28 PM ET

Can Perry's campaign recover from epic debate 'brain freeze'?

This morning, political watchers can't stop talking about Texas Gov. Rick Perry this morning. Last night at the CNBC GOP presidential debate, Perry suffered from a serious bout of brain freeze when he couldn't name the third government agency that he himself had previously vowed to eliminate.  ven Perry, never the strongest debater, admits that he really "stepped in it" last night.

This morning, Ali Velshi asks CNN contributor John Avlon, Republican strategist Karen Hanretty, and columnist Ruben Navarette if Perry remains a viable candidate – or if his campaign finished.


Filed under: 2012 • GOP • Politics
November 10th, 2011
02:16 PM ET

USAA lists top cities for military retirees to start a second career

This coming Veterans Day, we will take a moment to honor those who have served in the armed forces. But sadly, many of our military vets are suffering in this economy. Veterans who had long military careers often struggle to transition to jobs in the civilian workforce.

This week, USAA (United Services Automobile Association) released a list of the top 10 cities in the U.S. for military retirees to start a second career. Top of the list is Oklahoma City, OK. Other cities on the list:

1. Oklahoma City, OK
2. Norfolk, VA
3. Richmond, VA
4. Austin, TX
5. San Antonio, TX
6. Madison, WI
7. Philadelphia, PA
8. Raleigh, NC
9. Omaha, NE
10. Manchester, NH

June Walbert of USAA talks with Chrstine Romans about the list and the difficulties retired service members face in trying to find work in the civilian world.


Filed under: Economy • Jobs • Military
November 10th, 2011
02:14 PM ET

Emotions run high on Penn State campus after Paterno firing, but victims are lost in the discussion

Hundreds of Penn State students spilled into the streets early Thursday after news that legendary coach Joe Paterno had been ousted over a child sex abuse scandal at the university. The group quickly turned raucous, proceeding to tip over a news van as they decried the media's coverage of their beloved football coach.

Carol Costello speaks with Jon Wertheim, Senior Writer for Sports Illustrated, to discuss why the students are standing behind Paterno and why more attention isn't being paid to the victims.


Filed under: Controversy • Penn State • Sports
November 10th, 2011
02:04 PM ET

How Penn State football culture affects the child sex abuse scandal fallout

Joe Paterno, the beloved patriarch of Penn State, always said that he didn't just try to teach his players how to be great football players – but also how to be good people with strong moral values. But the emerging child sex abuse scandal craises troubling questions about the culture at big-time college sports campuses.

The students have a deep love for their football team – and they're not afraid to show their appreciation to the man who led the Nittany Lions to greatness for so many years. Yet, some observers have wondered why the same students aren't showing more concern to the victims of these terrible crimes.

Carol Costello speaks with Neil Rudel, managing editor of the "Altoona Mirror," to get his insight into the peculiar campus culture surrounding one of the nation's leading collegiate football programs.


Filed under: 2012 • Controversy • GOP • Sports
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