and the high cost of crashing. aaa says traffic accidents cost americans $300 billion a year along with 33,000 lives. new technology that could save lives and also money early this thursday morning, november 3rd, lives and also money early this thursday morning, november 3rd, 2011. captioning funded by cbs good morning, welcome to early show here on a thursday morning. november 3rd. i m chris wragge. 7:00 a.m. on the west coast. erica hill is on assignment. herman cain can t get rid of the reports he harassed women and impacting the race in a major way with accusations flying back and forth between candidates now, their campaigns. we ll have the latest on that in just a bit. looking forward to tat. but, first, breaking news overseas this morning, specifically the economic turmoil that threatens to upset financial institutions around the world. it s the top issue for the g-20 economic summit where president obama is meeting today and tomorrow with other world leaders.
reality bites. kim kardashian files for divorce just ten weeks after her made-for-tv wedding. she says sometimes things don t work out. what happens to all the money now? early this tuesday morning, now? early this tuesday morning, november 1st, 2011. captioning funded by cbs good morning. welcome to early show here on a tuesday morning. november 1. how did that happen? i m chris wragge. i m erica hill. we begin with gop presidential frontrunner herman cain who is denying charges of sexual harassment. he was accused of inappropriate behavior 12 years ago and the women involved did receive money. jan crawford is in washington with the latest on what is a major distraction to the cain campaign. part of the message was the changing message. good morning. he spent most of the day trying to shoot down these allegations, but sometimes his story did change and all of this is coming just as several new polls show him solidifying his standing as a leader of the republican
just ten weeks after her made from tv wedding. she says sometimes things don t work out. so what happens to all the money now? early, this tuesday morning, now? early, this tuesday morning, november 1st, 2011. captioning funded by cbs good morning. welcome to the early show on november 1. how did that happen? we begin with gop front-runner herman cain. he says he was accuseded of inappropriate behavior 12 years ago and the women involved did receive money. jan crawford is live with what has become a major distraction for that campaign. he spent most of the day repeatedly trying to shoot down these allegations, but sometimes his story did change. all of this is coming just as several new polls show his him solidifying his leader of the republican pack. i have never sexually harassed anyone. i ve never sexually harassed anyone. was there any behavior on your part that you think might have been inappropriate? in my opinion, no. the accusations against cain date
payments. and you ll now be able to refinance no matter how much you are under water on that home. this lifts a previous limit of 125% loan-to-home value ratio. the program also aims to streamline the refinancing process, please, and reduce and eliminate fees. i m joined now by lynnette cox, bob molten and rick newman is the chief business correspondent for u.s. news & world report. the white house says this could mean cheaper mortgage payments. some say as much as 1.7 million. it probably in practical terms will help a fraction of that. maybe 20%, 30% or so. if you look at the previous efforts, that s sort of the range, you know. we have high hopes and we want it to be able to help more, but frankly, even if it does help 1 million, we ve got more than 5 million people who are out there in foreclosure, three months or more behind on their mortgages. so we ve got a massive problem we re talking about. and this is just one little element that will help, but it will be a ver
homeowners to refinance high-interest mortgages at these rock-bottom interest rates. who qualifies? homeowners who have mortgages backed by fannie mae and freddie mac. you must be current on your payments. and you ll now be able to refinance no matter how much you are under water on that home. this lifts a previous limit of 125% loan-to-home value ratio. the program also aims to streamline the refinancing process, please, and reduce and eliminate fees. i m joined now by lynnette cox, bob molten and rick newman is the chief business correspondent for u.s. news & world report. the white house says this could mean cheaper mortgage payments. some say as much as 1.7 million. it probably in practical terms will help a fraction of that. maybe 20%, 30% or so. if you look at the previous efforts, that s sort of the range, you know. we have high hopes and we want it to be able to help more, but frankly, even if it does help 1 million, we ve got more than 5 million people who are ou