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- Obama Defends Spending
- President Barack Obama said the spending in his economic stimulus package plan is necessary to turn the economy around and is not wasteful. Chip Reid reports.
- Videos 2009-04-15
- Obama's Budget Cuts
- The president ordered $100 million in administrative budget cuts to help close what he called a "confidence gap" with Americans. Many Republicans think he needs to do better. Chip Reid reports.
- Videos 2009-04-20
- The World Is Watching
- From high-stakes diplomacy to pomp and circumstance, President Obama has arrived in London for the G20 Summit. As Chip Reid reports, the stakes are very high.
- Videos 2009-03-31
- Ultimatums For Automakers
- President Obama has refused to issue another bailout to GM and Chrysler. Unless better business plans are constructed, bankruptcy may be a real option. Chip Reid reports.
- Videos 2009-03-30
- AIG Executive Bonuses Outrage
- There is growing anger over AIG's payment of bonuses to executives, after receiving a taxpayer bailout. As Chip Reid reports, a new CBS News poll shows only 37% of Americans approve of such bailouts.
- Videos 2009-03-16
- Obama Angered By 'Excess'
- President Obama said that he's not only angered by the AIG bonuses, but by Wall Street's culture of excess. But, as Chip Reid reports, Obama took responsibility, saying "the buck stops with me."
- Videos 2009-03-18
- Obama Cautious On Bank Plan
- With the Treasury Dept. taking stock of the "toxic assets" affecting many troubled banks and a huge Wall Street rally, the White House remains cautiously optimistic. Chip Reid reports.
- Videos 2009-03-23
- Selling The Big Budget
- Pres. Obama held a primetime news conference in an effort to sell his $3.5 trillion budget. As Chip Reid reports, the president says his economic plan is already showing signs of progress.
- Videos 2009-03-25
- Obama Shifts Gears on Auto Bailout
- GM and Chrysler have until Tuesday to show the Treasury Dept. their re-structuring plans in order to receive a bailout. As Chip Reid reports, the money may no longer be administered by a car czar.
- Videos 2009-02-17
- Obama's Plan to Close Tax Loopholes
- President Obama announced steps to pursue tax evaders and go after offshore tax shelters. As Chip Reid reports, he also vows to fix a tax code that encourages U.S. companies to send jobs overseas.
- Videos 2009-05-04
Additional Resources
- Bacardi breakthrough: family-run spirits giant looks to "insider-outsider" to lead it into 21st century. (George "Chip" Reid to become chief executive officer in 1997)
- George "Chip" Reid will succeed Manuel Jorge Cutillas as CEO of Bacardi Corp. in 1997. Reid's appointment will mark the corporation's first non-family leader. Bacardi is the leading volume spirits brand in the world with estimated sales of $109 mil in 1995. Reid's primary goal is to make Bacardi the...
- Research articles 1996-07-01
- GRAPEVINE: News About People
- Bacardi CEO Chip Reid and executive vice president Barry Kabalkin will leave the rum maker to pursue other interests. Three years ago Reid became the first chief to come from outside the Bacardi family, and Kabalkin was another non-family member. The company hinted that the departure was related to Bacardi's...
- Research articles 2000-04-03
- A Helping Hand For Homeowners
- The Obama administration kicked off a plan to help millions of struggling families stay in their homes. So who's eligible for help? Chip Reid reports.
- Videos 2009-03-04
- Obama Faces Economic Freefall
- In a sea of deepening economic concerns, President Obama remained confident and optimistic that his economic plan will work and is focused on the long-term effects. Chip Reid reports.
- Videos 2009-04-15
- Obama's $75B Mortgage Plan
- President Obama has unveiled a $75 billion rescue plan to help homeowners who face foreclosure or whose houses are worth less than their mortgages. Chip Reid reports from Phoenix, Ariz.
- Videos 2009-04-15
- Budget's Long-Term Effects
- "CBS News RAW:" CBS News' Chip Reid asked Pres. Obama if his budget might put the U.S. into further economic turmoil, with the possibility of an increase in the national debt by at least $7 trillion.
- Videos 2009-03-24
- AIG's Relationship With Obama
- Press secretary Robert Gibbs insisted that President Obama's outrage over AIG's spending was real. But, as Chip Reid reports, his economic team signed off on the controversial bonuses.
- Videos 2009-03-17
- Obama's Economic Confidence
- President Obama and top White House staffers are urging Americans to remain confident about the economy and its ability to rebound. CBS News chief White House correspondent Chip Reid reports.
- Videos 2009-03-13
- Leaving London Satisfied
- Although most G20 leaders, including President Obama, didn't get everything they wanted, they got what they all wanted most: progress towards ending the global recession. Chip Reid reports.
- Videos 2009-04-02
- Bernanke Sees Recession's End
- Fed Chairman Ben Bernanke sees an end to the recession in just a few months, but expects unemployment to keep rising. Chip Reid reports.
- Videos 2009-05-05
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