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In a nonfiction book, this is the place to be. We have four really different books, but theyre all really amazing. We have two finalists for the l. A. Times book prize and i want to point this one out to you now and this one out to you now here. Thats why i like to bring the books, so you can actually see them. We also have two finalists for the penn literary awards one in biography here, jeff hobbs book with, and one in science writing, joshua horowitzs book. And i think its worth noting that this book here is actually on two of those lists, and hes our youngest participant. This is not his first book but its his first book as far as i know of nonfiction, so its quite an achievement. We also have books that are going to take us to places that really, in my mind as i read them can change how we look at the world. Books are going to take us underwater, going to take us hundreds of feet underground, theyre going to take us into the amazon and to pittsburgh and to birmingham, england, whi ....
america s realtors reported today that after a bad summer sales of previously owned homes shot up 10% in september. even with the increase, sales are still weak and now there s a lot of concern that any housing recovery won t last because the foreclosure document mess will keep potential buyers out of the market. as anthony mason reports. the federal reserve is getting involved in that investigation. reporter: now the fed is putting the mortgage mess under the microscope. we are looking intensively at the firm s policies, procedures, and internal controls related to foreclosures and seeking to determine whether systematic weaknesses are leading to improper foreclosures. reporter: bank of america will resume foreclosure proceedings this week after halting them temporarily to review procedures. the bank, which is resubmitting documents in more than 100,000 cases, admitting finding some errors in the paperwork, including misspelled names and incorrect data but says t ....
proceedings says they ve just started discussions with the banks. but we re very conscious we need to move as quickly as we can. we do not want to do any harm to the housing market which would do harm to the overall market. reporter: bernanke says more than 20% of borrowers are underwater. that is, they owe more than their home is worth. more than a million houses will r currently undergoing foreclosure and more than a quarter of those are under review. that s already creating uncertainty for buyers. when we met joshua cooper two weeks ago, his deal on this foreclosed house in wesley chapel, florida, had just fallen through because of the freeze. we were just about two weeks away from our closing date when everything got stopped. reporter: he s since found another foreclosed property but worried when he learned the owner was bank of america. are they going to be able to sell us this house? reporter: this time, though, it looks like the deal will go through. ....
2,300 feet underground, a shaft collapses in the san jose copper and gold mine. 33 miners are somewhere behind the rubble. their condition, unknown. the chilean president promises every effort to rescue them, but new collapses complicate the formidable task. august 12th, the miners families have set up camp on the surface to keep watch on the drilling. a week has passed and an official says there is little chance the men survived. relatives later say they argued with that assessment from the start. translator: i always told the media, every time i was asked, i know my husband is fine. i know he s alive. and i know he s keeping up all the others in the mine, because that s the kind of person my husband is. reporter: franklin lobos sister magdalena never loses hope for a minute. translator: i had a call at home and i was told frankie was gone. i said no, no. frankie s alive. ....