ABC News Nightline Hedge Funds in the Hot Seat/Pet Trusts/Eternal Heir: Prince Charles/The Obama Scr
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(Jan 15, 2009)
Hedge Funds Under Fire:
They make huge profits and do business largely free of regulation. When times are good, hedge fund managers get rich -- filthy rich. When times are bad -- as they are now -- the entire economy may be put in jeopardy.
Millions of Americans treat their pets like children -- maybe even better. That might explain why more and more people are looking into pet trusts, by which the money they leave behind in death goes literally to the dogs.
Prince Charles Turns 60:
Prince Charles turns 60 Friday -- making six decades that he has spent in line to be king. His mother, Queen Elizabeth II, is 82, and she has made no indication that she plans to step down anytime soon.
The Obama Application:
With a questionnaire covering everything from embarrassing e-mails to housekeepers who may not have had the proper papers to work, Barack Obama isn't taking any chances as he assembles his presidential staff.
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