American Morning

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September 16th, 2009
11:01 AM ET

Is the economy improving?

Fed Chief Ben Bernanke says the recession is "very likely over" but he admits there's still a tough road ahead.

There are still cities and towns across the country where it's hard to breathe a sigh of relief. One city hit the hardest is Lansing, Michigan.

For months we've been talking to Lansing's mayor, Virg Bernero, keeping tabs on how people are doing.


Filed under: Economy
September 16th, 2009
10:25 AM ET

Twitter user outs president's 'jackass' comment

President Obama thought his comments about Kanye West were off the record when he called the singer a "jackass." They came during an interview with CNBC. The remark was overheard by people at ABC who then tweeted about it. So just what is fair game for tweeting while you are at work?

[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2009/images/09/16/lewis.regina.art.jpg caption="Regina Lewis says it's important for employees to know their company's social networking policy."]

Regina Lewis is AOL’s consumer adviser and author of "Wired in a Week." She spoke to John Roberts on CNN’s “American Morning” Wednesday. Below is an edited transcript of the interview.

John Roberts: Let's just illuminate for folks at home what the tweet was that sort of launched a thousand conversations. It said, “Pres. Obama just called Kanye West a 'jackass' for his outburst at the VMAs when Taylor Swift won. Now THAT'S presidential.” ABC News says it was wrong for that tweet to go out. So I guess the caution here is be careful what you tweet these days?

Regina Lewis: Yeah. They are saying the threshold should be the same as if it was published on ABC.com, which has raised all kinds of questions within the journalism community. But it extends beyond that to everybody else at work. And that's got a lot of companies scrambling to update their business code of conduct and create things called acceptable use policies around social networking, which tweets would fall under.

President Obama calls Kanye West a "jackass" Video

FULL POST


Filed under: Technology
September 16th, 2009
10:09 AM ET

Banks Gone Bust: Life after Lehman

Imagine you've gone to school for years, your only goal to break into the world of finance. And it happens. You get an interview and land the job of your dreams.

Then your company goes bust and markets across the globe tank. That's exactly what happened for some of the youngest workers at these "Banks Gone Bust." CNN's Christine Romans report.

One year ago, a whole crop of young investment bankers and analysts packed their boxes and left their dreams of big Wall Street careers behind them.

Avi Yashchin, who had spent long hours trading credit default swaps for Lehman Brothers, says he initially felt lost.

“I immediately started calling my friends trying to find out what the next big thing is. And everyone said the same thing – ‘green.’ You have to get into the green industry.”

FULL POST


Filed under: Banks Gone Bust • Business
September 16th, 2009
10:00 AM ET
September 16th, 2009
07:03 AM ET

Carter: Racism plays major role in opposition to Obama

(CNN) - Former President Jimmy Carter said Tuesday that racial politics played a role in South Carolina Rep. Joe Wilson's outburst during President Obama's speech to Congress last week and in some of the opposition the president has faced since taking office.

[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2009/POLITICS/09/15/carter.obama/art.carter.nbc.jpg caption="Former President Carter tells NBC Nightly News that racism has surfaced in opposition to President Obama."]

"I think an overwhelming portion of the intensely demonstrated animosity toward President Barack Obama is based on the fact that he is a black man, that he's African-American," Carter told NBC News. "I live in the South, and I've seen the South come a long way, and I've seen the rest of the country that shares the South's attitude toward minority groups at that time, particularly African-Americans."

"That racism inclination still exists, and I think it's bubbled up to the surface because of belief among many white people - not just in the South but around the country - that African-Americans are not qualified to lead this great country. It's an abominable circumstance, and it grieves me and concerns me very deeply," Carter said.

Read the full story »


Filed under: Controversy • Politics
September 16th, 2009
06:13 AM ET

What’s on Tap – Wednesday September 16th, 2009

Here are the big stories on the agenda today:

  • There's new information this morning on the man in custody in the case of the murdered Yale grad student, found hidden in a wall on her wedding day.  We're awaiting DNA tests from the person of interest, Raymond Clark.  We'll go live to New Haven for the latest.
  • And former President Jimmy Carter is saying race played a role in the "you lie" outburst during President Obama's speech last week.  Carter said he thinks "an overwhelming portion of the intensely demonstrated animosity toward President Barack Obama is based on the fact that he is a black man."  Today, we're giving you a chance to weigh in on that explosive charge.
  • And the swine flu vaccine gets the green light.  The Food and Drug Administration just approved two versions that should be available next month, one a shot, one a nasal spray.  Is it safe for expecting moms?  They’re on top of the priority list for a number of reasons. Our Elizabeth Cohen is with one of the first pregnant women to get the vaccine, this morning.
  • And forget that Roger Federer lost in an upset in the U.S. Open men's final.  The dominating headline from the grand-slam tournament was, and is still the profanity-laced outburst by Serena Williams.  But Williams says she was in the moment and doesn't even remember what happened.  And now that's she's apologized, she just wants to move on.  Serena Williams will join us live to talk all about this, her new book and a whole lot more!

Filed under: What's On Tap
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