CBS Morning News - 2008-12-17

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Read a transcript preview of “CBS Morning News - 2008-12-17” from malgent, uploaded on 2025-01-29.

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Language: English (original, YouTube automatic captions)

[0:00] [Music]

[0:02] tonight a secret Hit List turns a small

[0:04] town upside down it's shocking who's

[0:07] behind the threats our exclusive

[0:08] investigation tonight on the CBS Evening

[0:11] News CBS News experience you can trust

[0:16] from all of us to all of you happy

[0:18] holidays from

[0:20] cbs4 they're going to use any means

[0:23] possible to turn this economy around

[0:26] kindest cut the Federal Reserve slashes

[0:29] its key interest rate to a record low

[0:32] crash course a lesson in small cars

[0:35] collisions and well healed the black eye

[0:38] from the green zone returns to the White

[0:40] House the shoe check-in policy and

[0:43] checkout policy will begin

[0:45] tomorrow this is the CBS Morning News

[0:48] for Wednesday December 17th

[0:51] [Music]

[0:54] 2008 good morning thanks for joining us

[0:57] I'm Meg Oliver in for Michelle Gillan it

[0:59] was was a financial attention grabber

[1:01] that sent stocks in the US soaring but

[1:04] this morning reaction overseas to the

[1:06] historic Federal Reserve interest rate

[1:09] cut has been modest Tokyo's Benchmark

[1:11] Nik index finished slightly higher

[1:14] stocks in Hong Kong did a little better

[1:17] stocks in Britain opened higher as well

[1:20] here's a live look at the footsie CLA

[1:22] Leica is here in New York with details

[1:24] on the surprising fed action good

[1:26] morning Claire good morning to you Meg

[1:29] the move is being described as

[1:31] unprecedented the Federal Reserve

[1:33] cutting its key interest rate to its

[1:34] lowest level on record part of an

[1:37] aggressive attack on the deepening

[1:39] financial

[1:41] crisis the fed's move caught Wall Street

[1:44] by surprise but sparked a big rally

[1:47] sending the Dow Jones Industrials up 360

[1:50] points it's

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