60 Minutes

Season 41 Episode 5

October 26, 2008 Credit Default Swaps; T. Boone Pickens; Goronqosa

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Aired Sunday 7:30 PM Oct 26, 2008 on CBS
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October 26, 2008 Credit Default Swaps; T. Boone Pickens; Goronqosa
AIRED:
October 26, 2008 Credit Default Swaps; T. Boone Pickens; Goronqosa 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.moreless

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