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Week In The News: Greece On The Edge, Cain In Trouble, OWS In Oakland

Europe on the edge. Herman Cain and harassment. Occupy heats up in Oakland. Our weekly news roundtable goes behind the headlines.

Occupy Oakland protesters stand atop a railroad scaffold at the Port of Oakland on Wednesday, Nov. 2, 2011, in Oakland, Calif. Thousands of Wall Street protesters took to Oakland's streets as part of a day-long series of events, called a citywide strike, aimed at asserting the movement's strength and shutting down commerce. (AP)

Occupy Oakland protesters stand atop a railroad scaffold at the Port of Oakland on Wednesday, Nov. 2, 2011, in Oakland, Calif. Thousands of Wall Street protesters took to Oakland's streets as part of a day-long series of events, called a citywide strike, aimed at asserting the movement's strength and shutting down commerce. (AP)

Europe up in arms this week over Greece. Occupy Oakland on the march. And Herman Cain in the hot seat over allegations of sexual harassment. Rightwing radio says liberals fanned the story. Cain says Texas Republican Rick Perry brought it on.

It’s a circus, and a problem for Cain. In the US Senate, a Democratic push for infrastructure spending to boost the US economy is dead. Poverty numbers are up. Former Goldman Sachs man and governor Jon Corzine’s high-risk finance play blows up. He’s out.

This hour On Point: our weekly news roundtable goes behind the headlines.

-Tom Ashbrook

Guests

Louise Story, business reporter for the New York Times.

William McKenzie, Pulitzer Prize-winning editorial columnist for the Dallas Morning News.

Jack Beatty, On Point news analyst.

From Tom’s Reading List

The New York Times “A little before 2 a.m. on Monday, Jon S. Corzine was in MF Global’s offices in Midtown Manhattan, scrambling to cut a deal to save his firm. Haggard from too little sleep, at times pacing the hallways, he at least had a handshake agreement with one suitor for the firm.”

Fox News “Herman Cain’s top aide accused Texas Gov. Rick Perry’s campaign of being behind the recent stories about sexual harassment allegations against Cain from the 1990s that have rocked the former pizza company executive’s presidential campaign.”

Oakland Tribune “After a night of confrontations with police and 80 arrests in downtown Oakland, Occupy protesters temporarily blocked an entrance at the Port of Oakland Thursday morning, attempting to prevent trucks from entering.”

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