Pull off this scam today . Given the same security measures . Yep. Easily. Piece of cake. Sam eshaghoffs scam was getting paid thousands of dollars to take the s. A. T. Test for other students. He did it at least 16 times, scoring in the 97th percentile of the country. I would call him an academic gun for hire. Thats what he was. Welcome to 60 minutes on cnbc. Im bob simon. In this edition, we examine two very different kinds of fraud. Bernie madoffs wife and surviving son break their silence about wall streets most infamous criminal. And later, we visit a high school con man who figured the best way to make the grade was to cheat the s. A. T. S but first, in december 2008, Bernie Madoff confessed to running a 65billion ponzi scheme, the largest financial fraud in history. While madoff is serving 150 years in prison, his family had to deal with the consequences of his crimes. His wife ruth divested of most of her great wealth and derided by a suspicious world. Their son mark dead, driv
And hear. Reporter it may be an ancient instrument, with a heavenly sound. But in modern day atlanta, jarnl, the harp is about much much more. It is about opportunity. We dont expect everybody to become a professional harpist. Its about helping children to become all they can become. Reporter ahead on sunday morning atlantas urban youth harp ensemble. Osgood and that brings us to led zeppelin. One of the most successful and influential rock groups of all time. Anthony mason will be talking with the members. Reporter in the 1970s no band was bigger than led zeppelin. The surviving members who were just honored at the white house sat down with us for a rare interview. Howes was it to get back together after all that time . Theres a lot of energy when we get close together, because theres a lot of expectation that goes with that. Reporter led zeppelin, later on sunday morning. Osgood you probably know that friday is the end of fall. And some fear it could be the end of a lot more than tha
Numbers look out as we kick off cybermonday. Which retailers crushed it and which ones were crushed . If you were keeping track, the dow added 421 points last week and bulls argue it could add even more if european leaders settle this dispute over greek aid. Well discuss the potential impact as they meet in brussels right now. A big day for analyst upgrades. Research in motion, facebook, yahoo well go over those and see why citi needs three analysts to initiate coverage of apple. Well begin with retail sales picture from this past weekend. 139 Million Consumers shopped during black friday weekend. Thats up from 132 million last year. Total spending up to 59. 1 billion to 54. 4 a year ago. Average Holiday Shopper spending 434 over the weekend. Sales on black friday fell 1. 8 from the same day a year ago setting the stage for today known as cybermonday. American shoppers will spend 1. 5 billion online today up from 1. 25 billion a year ago. The papers have it. Usa today retailers hail. J
Stand by. A blizzard, rain, and high winds. A winter storm is on the move and Holiday Travel potentially could be taking a big hit. Information you need to know. And a new hollywood film about the hunt for Osama Bin Laden is getting a terrible review from three United States senators. Im wolf blitzer. Youre in the situation room. Right now, the house of representatives is getting closer to a showdown vote on the House Speakers plan to avoid that socalled fiscal cliff. Its a high stakes bargaining chip in the negotiations with president obama and it comes only 12 days before automatic tax hikes and spending cuts go into effect. That could take a painful toll on the u. S. Economy. Lets go to capitol hill. Our senior Congressional Correspondent dana bash is standing by with the latest. Dana . Reporter well, wolf, the vote that the speaker calls plan b is about an hour away. Were told that Republican Leaders at this hour are still twisting arms, republican arms to make sure that this passe
[ticking] madoff. It is a name that will live in infamy. Its a tough name to live with. It sure is. In the first interview since Bernie Madoffs arrest, his wife ruth. I trusted him. And son andrew. Thats who i am. My name is madoff. And ill live with that for the rest of my life. Speak out about crime, guilt, suicide. Mr. Madoff, what do you have to say for yourself . And the day bernie admitted to committing the largest financial fraud in history. And he said, i have a confession to make. Ive been running a ponzi scheme. [ticking] do you think you could pull off this scam today . Given the same security measures . Yep. Easily. Piece of cake. Sam eshaghoffs scam was getting paid thousands of dollars to take the s. A. T. Test for other students. He did it at least 16 times, scoring in the 97th percentile of the country. I would call him an academic gun for hire. Thats what he was. Welcome to 60 minutes on cnbc. Im bob simon. In this edition, we examine two very different kinds of fraud.