CBS Morning News - 2008-12-19

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Read a transcript preview of “CBS Morning News - 2008-12-19” from malgent, uploaded on 2025-02-21.

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Language: English (original, YouTube automatic captions)

[0:00] CBS News

[0:01] London and we thank you for staying with

[0:03] us this half hour this is CBS News up to

[0:06] the

[0:21] minute in these tough times most people

[0:24] are holding on to every scent Merry

[0:25] Christmas but he's giving a fortune away

[0:27] to strangers the real life Secret Santa

[0:30] tonight on the CBS Evening

[0:43] News CBS News experience you can TR from

[0:47] all of us to all of you happy holidays

[0:50] from

[0:51] CVS the right outcome is

[0:55] reorganization or

[0:57] bankruptcy then isn't it better to get

[0:59] there

[1:00] uh through an orderly process orderly

[1:03] bankruptcy the Bush Administration says

[1:06] this may be the best way to save the

[1:08] Auto industry stormat Fierce pre-winter

[1:11] weather that gripped the West makes

[1:13] trouble for the Midwest and East and

[1:16] remembering the man who helped shine a

[1:18] light on a scandal though he stayed in

[1:20] the shadows till almost the very

[1:23] end follow the

[1:27] money I mean

[1:31] I can't tell you

[1:33] that this is the CBS Morning News for

[1:36] Friday December 19th

[1:39] [Music]

[1:42] 2008 good morning thanks for joining us

[1:45] I'm Michelle gilan so it's not what the

[1:47] Auto industry wants but the Bush

[1:49] Administration is considering an orderly

[1:51] bankruptcy as the best road to save the

[1:54] ailing Auto industry a decision could

[1:56] come as early as today Tera merger is in

[1:58] Washington with more hi Tera good

[2:00] morning hi Michelle good morning the

[2:02] fate of the big three is still in

[2:04] question today and they may not like the

[2:07] White House's answer Auto bailout

[2:10] negotiations are picking up speed but I

[2:12] can tell you we're nearing a conclusion

[2:13] and we're very close with the big three

[2:15] anxiously holding their

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