The "Near Bankrupt"

November 12, 2008 7:09 AM

Economists are calling a new group of Americans, the "near bankrupt," as millions are taking on more credit card debt to keep their finances afloat. Priya David reports.

Read Story

Add a comment

Recommended

Urban Bee-Keeping
2:07 November 22, 2009

Urban Bee-Keeping

A Washington DC Hotel has become another outpost of 'Urban Bee-Keeping'. As the bee population declines, keeping urban bees is growing worldwide. Wyatt Andrews reports.
Let the Debate Begin
2:17 November 22, 2009

Let the Debate Begin

The recent Senate votes have set the stage for a bruising battle over Health Care Reform. As Kimberly Dozier reports, a grueling debate has begun.
Obama's Slipping Approval Rate
2:15 November 22, 2009

Obama's Slipping Approval Rate

The Health Care debate and troubled economy may be hurting President Obama's approval rating. To help put this in perspective, John Dickerson joins Nancy Cordes.
Deceptive Credit Ads
2:09 November 22, 2009

Deceptive Credit Ads

Some catchy commercials advertising free credit reports are hard to miss, but many consumers complain the ads are deceptive. As Hari Sreenivasan reports, the Government is considering cracking down.
Vampire Victory
2:55 November 22, 2009

Vampire Victory

The latest "Twilight" movie, "New Moon" has risen to third place in the biggest opening weekends ever. Nancy Cordes has more on the film's sudden success.
Holiday Forecast
2:05 November 22, 2009

Holiday Forecast

As Thanksgiving week gets underway, retailers and airlines all over the country are bracing themselves for an uncertain shopping and travel season. Bianca Solorzano reports.

B-Rex
Lesley Stahl meets the inspiration for the lead character in the classic film Jurassic Park ...
Play CBS Video
Phone Bill Swindlers?
Companies that help people with hearing problems use the phone are subsidized with government money. ...
Play CBS Video
Diary of a Showgirl
A beautiful showgirl is caught in a web of sex, lies, greed and murder. Peter ...
Play CBS Video
Diary of a Showgirl
In Full: In a series of exclusive video diaries, a showgirl reveals secrets about the ...
Play CBS Video
Resurrecting Eden
In Iraq, where many biblical scholars place the Garden of Eden, Scott Pelley finds a ...
Play CBS Video
The Cost of Dying
Many Americans spend their last days in an intensive care unit, subjected to uncomfortable machines ...
Play CBS Video
On The Set of "Avatar"
60 Minutes' Morley Safer reports on Jim Cameron's upcoming 3D movie "Avatar." He wrote ...
Play CBS Video
Preview: Witness
During Maziar Bahari's detention in Iran, one of the oddest moments came when his ...
Play CBS Video
James Cameron's Avatar
Morley Safer gets the first look at how "Titanic" Director James Cameron created his $400 ...
Play CBS Video
The Deadliest Weapon
Byron Pitts and 60 Minutes cameras spend two days on the road with a bomb-hunting ...
Play CBS Video
Sapphire: From 'Push' to 'Precious'
Sapphire speaks about how her novel "Push" became the inspiration for the new movie "Precious," ...
Play CBS Video
Child's Road to Carnegie Hall
A young pianist from California found his way to Carnegie Hall after years of practice ...
Play CBS Video
A Case for Murder
In Full: A young man is found dead from multiple stab wounds. His family searches ...
Play CBS Video
Preview: Cameron's "Avatar"
Morley Safer gets the first broadcast look at how "Titanic" Director James Cameron created his $...
Play CBS Video
Maziar Bahari: Witness
Recently freed after four months of interrogation and torture in Iran, Newsweek reporter Maziar Bahari ...
Play CBS Video
Candlelight Vigil for Shaniya Davis
People gathered for a candlelight vigil Monday night to honor the memory of missing Shaniya ...
Play CBS Video
Kroft's Reporter's Notebook
When it comes to end-of-life care, how expensive is this for people in the U....
Play CBS Video
60 Minutes, 11.15.09
Byron Pitts spend two days on the road with a bomb-hunting unit; Lesley Stahl on ...
Play CBS Video
Preview: The Cost of Dying
Many Americans spend their last days in an ICU, subjected to uncomfortable machines or surgeries ...
Play CBS Video
Catch Her If You Can
In Full: A con artist fakes her way into Harvard and Columbia and outsmarts the ...
Play CBS Video
Undercover Tape: Murder for Hire
Dalia Dippolito of Boynton Beach, F.L. hired a hit man to kill her husband. ...
Play CBS Video
Rare Vaccine Side Effect?
A Va. Teen was diagnosed with a rare disease, Guillain-Barre syndrome, shortly after receiving the ...
Play CBS Video
To the Edge of the Earth and Back
Dave Price reports on his experience flying in a U-2 spy plane from California's ...
Play CBS Video