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Credit Default Swaps, T. Boone Pickens, Goronqosa
Oct 26, 200844m
It sounds complicated and it actually is, but tonight, Steve Kroft makes it a lot easier to understand: Credit Default Swaps and their role in the unraveling of the economy.
Charlie Rose interviews T. Boone Pickens, the multi-billionaire oil man who claims to have a plan to make the U.S. far less dependent on foreign supplies. Could it really work?
Finally, Scott Pelley with Greg Carr, a U.S. citizen trying to make Gorongosa, a Mozambique, African location into one of the world's newest tourist destinations.
