CBS Evening News

Welcome Wallstrip

By Michael Wuebben

May 30, 2007 / 1:32 PM EDT / CBS News

(Wallstrip.com)

If you happen to be cruising around the CBSNews.com business section these days you'll notice a link to one of CBS's latest acquisitions, Wallstrip. The Wallstrip team produces a business news blog and daily video reports designed to take some of the stiffness out of the over-starched Wall Street image. And it's perfect for the financially illiterate types like me. (My 401k allocations are dictated with the help of a Magic 8 Ball.)

In today's video, host Lindsey Campbell looks at the upward mobility of the holding company Loews Corp. And in case you were too embarrassed to ask, she also explains what a holding company is.