SLUG: print
CREATED: 8/15/2007 17:38:35
MODIFIED:
BY:
TIME:
STATUS:
_______________________________________________________________
08/15/07
News 7 at 5
HEADLINE #1 HEADLINE #1 (:01 of head pad)
CAPTION: Washburn Plea
A teenager's admission ends his trial
on rape and kidnapping charges.
20 Frames of Black 20 frames of Black
HEADLINE #2 HEADLINE #2
CAPTION: Extra Warm
Temperatures are climbing the ladder
today. Were any records set?
20 Frames of Black 20 frames of Black
HEADLINE #3 HEADLINE #3
CAPTION: Medicaid Gap
Joy Standup
20 Frames of Black 20 frames of Black
HEADLINE #4 HEADLINE #4
CAPTION: For Art's Sake
Joe D. Standup
5:00 OPEN 5:00 OPEN
* Hello News 7 at 5 4056 --
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JEAN ON CAM JEAN ON CAM
CAM
GRAPHIC=News 7 at 5
*CG standup Jean Jadhon
jjadhon@wdbj7.com
*CG 304
*CG standup Brent Watts
bwatts@wdbj7.com
*CG standup Mike Stevens
mstevens@wdbj7.com
01 5-Washburn 1 vo Washburn, Micha 2626 --
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08/15/2007 0tbrewer 507-09 57:50 ala 1020:15 0:39 0:00 0:39 --------
JEAN ON CAM JEAN ON CAM
GRAPHIC=Washburn How could you forget the story? A
woman abducted from a parking lot in
clifton forge.. taken to a remote area
and raped.
Tonight a Clifton Forge
teenager has been convicted in this
case.
ENG#=1 VO-NAT
VO-NAT
*CG locator Clifton Forge
January 2007 This morning Andrew Washburn
entered an Alford plea on several
charges, including abduction and rape.
That means he acknowedged there
was plenty of evidence against him...
however he did not admit to guilt.
As a part of the deal... two gun
charges were dropped.
In late January... Washburn
abducted a woman from a parking lot in
downtown Clifton Forge.
He then took her to a remote area
in Botetourt County where he raped her.
(END VO) (END VO)
JEAN ON CAM JEAN ON CAM
GRPHIC=Washburn Washburn is likely to be
sentenced some time later this fall.
02 5-Memorial-Fund 2 pkg/Live Virginia Tech 4302 --
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JEAN ON CAM JEAN ON CAM
GRAPHIC=Virginia Tech The tragedy at Virginia Tech
inspired some 20- thousand people to
donate money .... and tonight we know
how the Hokie Spirit Memorial Fund will
be distributed.
The man responsible for divying
up the money made the announcement in
Washington this afternoon.
WASHINGTON DOUBLE BOXES=JEAN & Jennifer DOUBLE BOXES
SATELLITE That's where we find News 7's
Capitol Correspondent Jennifer Wishon
with the details.
LIVE=Jennifer LIVE FULL
*CG live Jennifer Wishon
jwishon@wdbj7.com Jean, we now know the bulk of the
Washington DC 7.7 million dollar fund will go to the
families of those who lost loved ones
in tragedy....
That at the urging of injured
students still dealing with medical
problems and bills.
ENG=2 SOT FULL
SOT FULL
INQ=I hope it provides...
*CG locator Washington DC
:06
*CG 2line Kenneth Feinberg
Hokie Spirit Fund Administrator
:18
*CG 2line Jennifer Wishon
jwishon@wdbj7.com
:54
RUNS=1:24 (END SOT)
OQ=FRANKLY IN DEALING WITH THIS HORROR. <<
SOT FULL SOT FULL
INQ=I hope it provides them.. <<3:37:52 FEINBERG: I HOPE IT PROVIDES
THEM A THIMBLE OF ASSISTANCE IN MOVING
FORWARD FINANCIALLY. 06
RUNS06 (END SOT)
OQ=forward financially. Kenneth Feinberg invited
reporters into his DC law office today
announce the Hokie Spirit Memorial Fund
has been divided.... a task that seemed
almost impossible..
ENG#= SOT FULL
SOT FULL 3:39:15 SO YOU START OFF THERE'S ONLY,
INQ=So you start off there's... IN QUOTES, A LITTLE OVER SEVEN MILLION
DOLLARS FOR ALL OF THESE VICTIMS. A
TRAGEDY UNPARALLELED IN AMERICAN
HISTORY. HOW DO YOU DIVIDE IT UP? 12
RUNS12 (END SOT)
OQ=how do you divide it up? Families of those killed will get
a cash payment of 180- thousand
dollars.
Students injured on April 16th
will get 40- to 90- thousand dollars
and free tuition for the rest of their
time at Virginia Tech.
Students in Norris Hall
classrooms where Seung Hui Cho went on
his rampage are eligible for free
tuition or a 10- thousand dollar
payment.
SOT FULL SOT FULL
INQ=Feinberg was... 4:28:22 JENNIFER WISHON: FEINBERG WAS
SURE TO COMPLIMENT VIRGINIA TECH AND
PRESIDENT CHARLES STEGER'S ROLE IN
ALLOCATING THE FUND... STEGER WAS
ACTUALLY IN THE BUILDING BEHIND THIS
DOOR HOLDING A PRIVATE EVENT, BUT
DECLINED TO COME OUT FOR COMMENT.
RUNS12 (END SOT)
OQ=COME OUT FOR COMMENT. Later Steger released a statement
saying with "Ken's help we have heard
the wishes of the families and those
injured."
Feinberg just wishes he could
have done more.
SOT FULL SOT FULL
INQ=I mean this is pretty... 3:38:26 I MEAN THIS IS PRETTY SMALL
POTATOES FRANKLY IN DEALING WITH THIS
HORROR. 07
RUNS07 (END SOT)>>
OQ=with this horror.
LIVE=Jennifer LIVE FULL
*CG liveloc Washington DC
Feinberg certainly had a
difficult task... at the urging of
victims' families the fund will remain
open through the end of the year.
DOUBLE BOXES= & Jennifer DOUBLE BOXES
Jean, we've heard from the mother
of one victim who thinks it's premature
to distribute the money until the fund
is closed, but Jean, coming up on News
7 at Six we'll look at why extra
donations may not actually make the
fund grow.
* ------------------ Washington Dbl CG2 9135--
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INET TAKE INET
ANCHOR on INET ANCHOR ON INET
You can find the Memorial Fund report
and applications online. We have put
the documents online on our site at
WDBJ7-com.
END INET END INET
04 Hokie-Promo Aprisa Hokie Promo Boa 1043 Ess--
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ANCHOR ON CAM ANCHOR ON CAM
GRAPHIC=None News-7 will bring you extended live
coverage from the Virginia Tech campus
as the new school year begins.
TAKE TECH SUNDAY FULL TAKE APRISA FULL
On Sunday AT NOON, the university
dedicates a memorial to the April 16th
shooting victims.
You can watch it live on Your
Hometown Station AND at wdbj7-dot-com.
TECH MONDAY FULL NEXT GFX
And on Monday, we will bring you a
special presentation: "Inventing the
Future, Remembering the Past", live
from the Tech campus from 5 to 6-30
p.m.
(END VO) (END VO)
* ------------------ Hokie Promo Boa 1040 Ess--
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Jean Toss to BRENT TOSS TO BRENT
Meteorologist Brent Watts outside on
the SkyTracker 7 WeatherDeck monitoring
the warm temperatures.
05 Robin-Tease adlib --
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SKYTRACKER DOUBLE BOX JEAN/BRENT/SKYTRACKER DOUBLE BOX
MCU BRENT/WXDECK CAM BRENT OUTSIDE ON THE WEATHERDECK
WXPRO/FULL TEMPERATURES TODAY
REGIONAL TEMPERATURES
RECORDS FOR TOMORROW
BRENT TOSS BACK BRENT TOSS BACK TO JEAN
06 5-Iraq-Bombs 3 vo Iraq 4068 --
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ANCHOR ON CAM ANCHOR ON CAM
GRAPHIC=Iraq U-S and Iraqi officials blame al
Qaeda in Iraq for a series of bombings
that killed hundreds...
ENG#=3 VO-NAT 25 plus
VO-NAT
*CG locator Duhak, Iraq
The bodies were found here in the
wreckage of clay houses... the suicide
bombings ripped thorugh the homes of a
small Kurdish sect- so far at least 250
people have been killed and more than
350 more are hurt.
A U-S general says it amounts to
ethnic cleanshing.
It is the war's deadliest attack in a
single area- officials say the attacks
near the Syrian border had the
hallmarks of al qaeda.
(END VO) (END VO)
07 5-Mine-Collapse 4 pkg Miners Trapped 5194 --
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ANCHOR ON CAM ANCHOR ON CAM
GRAPHIC=Miners Trapped Nine days after a cave in at a
Utah mine.. the search moves forward..
mine officials have broken through a
third hole.. but so far a microphone
has not been able to pick up any sounds
of life.
But as Drew Levinson reports they
plan to try again.
ENG#=4 SOT FULL
SOT FULL
INQ=
*CG locator Near Huntington, UT
:00
*CG 2line Richard Strickler
Mine Safety & Health Adm. Director
:16
*CG standup Drew Levinson
CBS News
:42
*CG 2line Kevin Hurdsman
Resident
:55
*CG 2line Kaylene Pearson
Resident
1:06
RUNS=1:25 (END SOT)
OQ=Huntington Utah. <<
(END SOT) The waiting continues in Crandall
Canyon--as this third drill breaks a
hole in
an area a quarter mile from the other
two.
Stickler:
Rescue teams continue their work
underground. It is slow going...with
crews
shoring up the walls and ceiling each
step of the way...(14:11:00) before
their 65-ton machine can push forward.
(SOUND UP FROM MINE TOUR 14:14:25) YOU
SEE THE JACK MOVING UP NOW AGAINST THE
ROOF
At that rate, the rescue team has made
it less than half way...and could take
another week to make it through.
DREW LEVINSON/HUNTINGTON, UT:
THERE IS STILL HOPE HERE .BUT THE
FEELING OF HOPELESSNESS AS WELL AS
HELPLESSNESS IS STARTING TO CREEP IN.
10 DAYS AND STILL NO SIGN OF LIFE
THAT'S SOMETHING THAT IS STARTING TO
WEAR ON THE PEOPLE IN THIS COMMUNITY."
Kevin Hurdsman.a friend of one of the
trapped miners says frustration is
setting in.
KEVIN HURDSMAN/RESIDENT:
"BUT I THINK A LOT OF FAMILIES AND MOST
OF THE COMMUNITY I THINK PREPARED
THEIRSELVES FOR THE WORST, WHATEVER
THAT MIGHT BE."
KAYLENE PEARSON/RESIDENT:
"THERE'S ALWAYS HOPE AND WE ARE HOPING,
ABSOLUTELY HOPING AGAINST ALL ODDS
THAT THAT THEY ARE ALIVE AND THEY WILL
BE ABLE TO REACH THEM.
In this part of Utah, the folks here
are accustomed to digging into the side
of a mountain in search of coalnow
they're digging into their soul in
search
of a miracle. Drew Levinson, CBS News,
Huntington, Utah.
>>
*T1 Tease1 1 vo Tease #1 Aprisa --
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JEAN ON CAM JEAN ON CAM
CAM A young mother-to-be says her unborn
child may have to do without
healthcare. Joy Sutton will tell us
why next on Healthcheck.
ENG#=1 VO-NAT
VO-NAT
*CG tease NBA DISGRACE
Plus a N-B-A referee accused of betting
on games makes an admission in court.
(END VO) (END VO)
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* ------------------ Healthcheck Ope e047/092--
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08 5-Medicaid 1 pkg/set Healthcheck 4128 --
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ANCHOR ON CAM ANCHOR ON CAM
GRAPHIC=Healthcheck Thousands of people especially
children in Virginia who are eligible
for medical coverage through Medicaid
are having problems getting it.
It's all because of new federal
requirements that applicants prove
their citizenship and identity.
Roll Healthcheck Animation Roll Healthcheck Animation
TWO SHOT=JEAN/Joy JOY & JEAN TWO SHOT
Joy Sutton joins us to explain in
this health check 7 report
Jean -
Prior to the law all you had to do
was attest in writing that you were a
U-S citizen.
LIVE=Joy Full Joy FULL
*CG standup Joy Sutton
jsutton@wdbj7.com But now documentation is required.
For one local teenager, it has been a
six month process as the bills add up.
ENG=1 SOT FULL
SOT FULL
INQ=This total adds up to a thousand
dollars
*CG locator Roanoke
:00
*CG 2line Stephanie Pugh
Needs Medicaid
:26 Quick
*CG 2line Robin Haldiman
CHIP Executive Director
:31
RUNS=1:28 (END SOT)
OQ=frustrating and stressful <
15:23:01 runs=13
THIS TOTAL ADDS UP TO A THOUSAND
DOLLARS AND 19 CENT..08 and this just
some of them..would you say this about
half..Not even half 12 not near half
(END SOT)
Even though she can't afford it,
17 year old Stephanie Pugh can't go
without medical care because she's 8
months pregnant.
She can't get Medicaid because
she's having trouble getting an
orignial copy of her birth certificate
and government issued I-D.
SOT FULL
15:11:49 runs=07
I DON'T THINK IT SHOULD BE THIS HARD,
ESPECIALLY IF YOU' ARE US CITIZEN
ALREADY
(END SOT)
SOT FULL
02:11:08 runs=09
BEING ABLE TO LOCATE THOSE ORIGINAL
DOCUMENTS CAN BE PROBLEMATIC 12 AND
RE-ESTABLISHING THOSE DOCUMENTS CAN
TAKE UP TO A YEAR
(END SOT)
The executive director of the
Child Health Investment Partnership of
the Roanoke Valley says they're helping
many families in the same situation.
SOT FULL
02:12:17 runs=13
IT CREATES A LEVEL OF FRUSTRATION WHERE
THEY JUST GIVE UP. 22WHAT ENDS UP IS
MORE AND MORE CHILDREN ARE ENDING UP IN
THE E-R 27 THEY ARE NOT RECEIVING
PREVENTIVE CARE
(END SOT)
According to the Virginia Healthcare
Foundation in the first nine months
since the law took effect, 11-thousand
fewer children were enrolled in
Medicaid.
There was also a 4 to 6 month delay
in children obtaining coverage.
SOT FULL
02:18:06 runs=06
WE'VE GOT TO FIND WAYS TO COLLABORATE
TO MAKE THE PROCESS SIMPLIER AND EASIER
AND LESS COSTLY FOR FAMILIES
(END SOT)
SOT FULL
15:15:08 runs=03
THIS IS LIKE A 3 PIECE SET RIGHT HERE
(END SOT)
As Pugh gets closer to having the
baby she worries if she'll get the
coverage in time for the delivery.
SOT FULL
15:07:12 runs=06
IT'S FRUSTRATING AND STRESSFUL
(END SOT)>>
JOY FULL JOY FULL
The Centers for Medicare and
Medicaid Services is trying to make the
process easier...in July it expanded
the ways that people could PROVE their
citizenship and their identity.
TWO SHOT= JOY/JEAN TWO SHOT
Jean --the law was designed to
prevent illegal immigrants from taking
advantage of the system.
09 5-Donaghy 2 vo None --
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ANCHOR ON CAM ANCHOR ON CAM
GRAPHIC=None A former NBA referee has entered guilty
pleas to two felony charges,
ENG#=2 VO-NAT
VO-NAT in connection with a betting scandal.
Tim Donaghy (DAHN'-uh-gee) says he gave
recommendations to co-conspirators
about which teams they should bet on.
If he was right, they paid him.
Donaghy faces a maximum of 25 years in
prison.
(END VO) (END VO)
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ANCHOR ON CAM ANCHOR ON CAM
GRAPHIC=None Two members of Roanoke City
Council are looking to build a better
downtown with an eye on art.
Today, Sherman Lea and Brian
Wishneff floated a plan to help fund
cultural agencies, while attracting
more artists to the central business
district.
DOUBLE BOXES=Jean/Joe Newsroom DOUBLE BOXES
Joe Dashiell is here with more on
the plan. Joe what are they proposing?
LIVE=Joe Full LIVE FULL
*CG standup Joe Dashiell
jdashiell@wdbj7.com Two things Jean... they want an
additional 1/3 of a cent of the state
sales tax colected in roanoke to come
back to the city. That would generate
about 7 million dollars for cultural
agencies located in a special district.
They also want state sales tax
and income tax breaks for artists who
produce and sell art in that cultural
district.
ENG#=3 SOT FULL
SOT FULL
INQ=
*CG 2line Diane Patton
Roanoke Artist
:13
*CG 2line Sherman Lea
Roanoke City Council
:33
*CG 2line Kent Chrisman
History Museum of Western Virginia
:45
RUNS=1:18 (END SOT)
OQ=I think it would be very good. <
she moved her studio downtown 18 years
ago.
Now working alongside 17 others
at Studios on the Square, she believes
the time is right to lure even more
artists downtown.
SOT FULL SOT FULL
INQ= 05:25:56 SINCE THE NEW MUSEUM WILL BE
READY IN 08 WE HAVE SIX NEW GALLERIES
COMING DOWNTOWN AND ITS A WONDERFUL ART
SCENE. 05:26:03
RUNS= (END SOT)
OQ= For large independent cities
unable to expand through annexation.
Lea and Wishneff say a cultural
district could fuel economic growth
downtown.
They say a modest investment of
state dollars could have a major
return.
SOT FULL SOT FULL
INQ= 49
IT ENRICHES OUR ENTIRE COMMUNITY AND
THAT'S WHAT WE WANT THE QUALITY OF LIFE
WITH ALL THOSE ACITVITIES AROUND OUR
CITY AND SO WE THINK IT'S AGOOD CONCEPT
AND HOPEFULLY OUR LEGISLATORS WILL FEEL
THE SAME WYA. 07:02
05:04:58 WE HAVE TO JOCKEY OUR WAY TO
THE TOP OF THE PILE EACH YEAR TO GET
MONEY FROM THE STATE AND THIS WOULD
CIRCUMVENT THAT PROCESS AND CREATE A
LEVEL PLAYING FIELD FOR THE ROANOKE
VALLEY. 05:09
(END SOT)
Between brush strokes on her
latest abstract painting, Diane Patton
agrees it could have an impact.
SOT FULL SOT FULL
INQ= 05:28:08 YES I DEFINITELY THINK IT
WOULD BEING PEOPLE FROM ALL OVER. THEY
WOULD BUY ART BUY GLASSWARE POTTERY EAT
AT THE RESTUARING ALSO GO TO THE BANDS
AND ALL THE FD9OFFERENT WONDERFUL
PLACES LIKE HOTEL ROANOKE. I THINK IT
WOULD BE VERY GOOD. 05:28:26
RUNS= (END SOT)>>
OQ=
LIVE= LIVE FULL
Lea and Wishneff are proposing a
pilot project that would include
Roanoke and Norfolk. They will pitch
the idea to city council, Jean
DOUBLE BOXES= DOUBLE BOXES
But the future of this proposal
will rest with the governor and state
lawmakers.
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JEAN ON CAM JEAN ON CAM
Chief Meteorologist Robin Reed is up
next.
ENG#=2 VO-NAT
VO-NAT
*CG tease Jefferson Coin
Then a little bit later, we will see
how the U-S Mint wants to change the
way you think about Presidential
History.
(END VO) (END VO)
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11 Stats --
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APRISA WEATHER MINI OPEN
WEATHER MINI OPEN
Two Shot Toss Toss
WX Bug/FULL CURRENT WXBUG STATS
CK/ WX PRO WEATHER MAPS
<< Good evening, I'm chief
meteorologist Robin Reed in the
SkyTracker 7 Forecast Center. It was a
warm day on Wedneday but no records
were set. The heat continues on
Thursday, as highs approach the century
mark. This could mean record highs for
several hometowns tomorrow. The ridge
of high pressure causing the heat will
finally move out by the end of the
week. This will allow a cold front
cross the area Friday with only an
isolated shower or two at best. The
boundary will drop temperatures back
into the 80s this weekend with less
humidity. Rain opportunities stay low
through the weekend, with a bit better
chance of rain early next week.
WEDNESDAY NIGHT: Partly cloudy and not
as cool. Low: 67 THURSDAY: Sunny &
HOT! Possible record warmth! High: 100
THURSDAY NIGHT: Partly cloudy. Low: 75
>>
WXPRO/FULL LOCAL FORECAST
EXTENDED FORECAST
SIT DOWN FOR 2-SHOT TOSS Toss
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JEAN ON CAM JEAN ON CAM
The Friday Football Caravan is
raiding another school today.
ENG#=1 VO-NAT
VO-NAT
*CG tease NEW EVERYTHING
Up next Mike Stevens will tell us how
North Cross is dealing with its first
new head coach in decades.
(END VO) (END VO)
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* Sports --
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ANCHOR ON CAM MIKE ON CAM
GRAPHIC=TECH Good afternoon everybody and
welcome to the midweek ticker.
The Virginia Tech Hokies are
zeroing in on their second scrimmage of
the preseason this coming Saturday at
Lane Stadium.
Not surprisingly, that with 8
starters back, the Tech defense has
been dominant so far this summer.
But the man in charge of that
defense refuses to let his players get
the "Big Head" - overconfident players
is something Bud Foster will not
tolerate this summer.
ENG#=1 SOT FULL
SOT FULL
INQ=BITE
*CG 2line Bud Foster
VT Defensive Coordinator
:00
RUNS=:27 (END SOT)
OQ=...WILL CONTINUE TO GROW."
WIPE TO EVENT WIPE TO EVENT
E2036 And you can hear more about the
Tech defense and much more about the
Hokies in general this coming Sunday
morning at 11 as the another season of
Virginia Tech Sports today kicks-off on
your Hometown Station with the voice of
the Hokies Bill Roth.
(END OF EVENT)
(END OF EVENT)
------- VT SPORTS TODAY E2036 --
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S02 MIKE S-RAIDERS 2 BITE/VO FFE 805 --
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08/15/2007 0tbrewer SP-257 1043:20 0:29 0:37 1:06 --------
ANCHOR ON CAM MIKE ON CAM
GRAPHIC=FFE The Friday Football Extra
preseason house calls make a stop in
the private school ranks tonight at
North Cross.
The Raiders have a new logo, new
players and new coaches - including the
head man Lee Johnson.
The Willis White and Brian Hooker
disciple leaves Glenvar to take over
for Jim Muscaro, who retired at the end
of last season.
ENG#=2 SOT FULL
SOT FULL
INQ=GLENVAR....
*CG 2line Lee Johnson
North Cross Head Coach
:00
RUNS=:37 (END SOT)
OQ=...what we can do."
VO-NAT VO-NAT
We'll have more with Johnson at
the top of the hour as we get his
thoughts on replacing Muscaro and
accepting transfers at the Virginia
Independent School member.
(END VO)
(END VO)
S03 MIKE S-ROY COPY ROY STANLEY 832 --
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08/15/2007 0tbrewer 1044:26 0:30 0:00 0:30 --------
ANCHOR ON CAM MIKE ON CAM
GRAPHIC=Roy And don't forget this Sunday the
Roy Stanley Memorial Captain's choice
tournament will be held at Hanging
Rock. There is only one flight this
year with the tee off set for 8:30 A-M.
You can call Hanging Rock to sign up
or go to Roy Stanley Memorial Dot Org
as well.
Coming up tonight at 6 we will
have a couple of local High School
Athletes who have decided on where they
will attend college to continue their
Sporting careers.
Take care folks - Jean will be
back in just a moment.
GO TO BREAK GO TO BREAK
K BREAK-4 --
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08/15/2007 0tbrewer 1044:56 2:00 0:00 2:00 --------
K01 Money-Watch 1 pkg None --
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08/15/2007 0tbrewer Net 1046:56 0:06 1:33 1:39 --------
JEAN ON CAM JEAN ON CAM
GRAPHIC=NONE The bears are growling on Wall
Street... The Dow continued to drop...
It's now
below 13,000.
Alexis Christoforous reports.
ENG#=1 SOT FULL
SOT FULL
INQ=
RUNS= (END SOT)
OQ=News 7 at 5. <<
(END SOT)
(PKG)
Contains Handout video from NYSE
THE BLUE CHIPS LOST THE BATTLE FOR
13-THOUSAND...
FOR THE FIRST TIME SINCE APRIL - THE
DOW DIPPED BELOW THAT PSYCHOLOGICALLY
IMPORTANT MILESTONE..
BUT VETERAN TRADERS SAY, IN THE END, IT
S JUST A NUMBER
SOT-Joe Benanti, NYSE Floor Trader: I
think 13k might be a short term
psychological point for people to hold
onto.
BUT YOU CAN T DENY IT S BEEN QUITE A
JOURNEY. IT TOOK THE DOW JUST 12 WEEKS
TO
MAKE THE JUMP FROM 13 THOUSAND IN APRIL
TO 14 THOUSAND IN JULY.
(STANDUP - NYSE)
BUT - IN JUST A MONTH S TIME, THE DOW
HAS GIVEN BACK THOSE THOUSAND POINTS,
AS
THE SUBPRIME MORTGAGE MESS AND CREDIT
CRUNCH BEGIN TO PUT THE BRAKES ON THE
ECONOMY.
SOT- Sam Stovall, Chief Investment
Strategist, Standard and Poor s: Every
bull market since 1970 has seen at
least one 10-plus percent correction
within
it. We have not had one since this bull
market was acknowledged in may of
2003. So I think we're overdue.
THERE WAS SOME ENCOURAGING NEWS,
INFLATION APPEARS TO BE UNDER WRAPS
GIVING
THE FEDERAL RESERVE SOME ROOM TO CUT
INTEREST RATES.
SOT-Stovall: They're looking for the
fed to begin lowering the short term,
or
fed funds rate in September, rather
than waiting until the first half of
2008.
(10:31:29)
EXPERTS SAY INVESTORS NEED TO SEE SOME
STABILITY IN THE MARKETS BEFORE THEY'LL
JUMP BACK IN... SO STOCKS MAY STILL
HAVE FURTHER TO FALL
SOT-Benanti: I don t think you want to
try and pick the bottom we might have,
we might be in it, we don t know it.
But to try to pick it is sometimes
fools
play.
THE BEST ADVICE, EXPERTS SAY SIT TIGHT
UNTIL WALL STREET S ROCKY RIDE FINDS
CALMER GROUND. AC, CBS NEWS, NYSE
.>>
STOCK ROLL STOCK ROLL
SPONSORSHIP ANNOUNCE SPONSORSHIP ANNOUNCE
#e805
Audio T415
* 5-Stock-Roll Chyron --
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08/15/2007 0tbrewer None 1048:35 0:26 0:00 0:26 --------
*CG 5stox1 d
0.12
52.35
d
2.64
104.37
u
0.31
52.68
d
0.51
53.17
d
0.40
22.93
*CG 5stox2 d
0.38
20.25
d
0.11
28.86
d
0.98
41.62
d
0.02
17.87
d
0.17
3.77
*CG 5stox3 d
3.91
76.39
d
1.18
29.74
d
0.61
27.42
d
1.59
84.12
u
0.30
19.50
*CG 5stox4 u
0.18
67.34
d
0.05
23.53
d
0.02
27.58
u
0.02
1.99
Unchg
16.63
K02 5-Jefferson-Coin 2 vo None --
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08/15/2007 0tbrewer Net tbr 1049:01 0:39 0:00 0:39 --------
ANCHOR ON CAM ANCHOR ON CAM
GRAPHIC=None Someone at the federal mint must live
by the old adage, "If at first you
don't succeed, try.. try again."
ENG#=2 VO-NAT
VO-NAT
*CG locator U.S. Mint Video
Despite failed previous attempts,
the mint today unveiled its latest
dollar coin.
The head of the Mint hopes the coin
will not only help wean people off the
dollar bill, but also educate them
about U.S. history.
The Jefferson dollar was previewed
today at the Jefferson Memorial.
A Gallup poll last month found that
nearly everybody knew that
Washington was the first president, but
fewer than a-third could name Thomas
Jefferson as the third president.
The vending machine industry is
hoping the coin takes off. It loses an
estimated one billion dollars a year to
paper jams.
(END VO) (END VO)
*Clo Close-ID -------- --
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08/10/2005 0tbrewer ------ 1049:40 0:20 0:00 0:20 --------
*CG 4101 *CG 4101 (wdbj7.com & Copyright)
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by SS