Chrysler and Jeep Recall Vehicles

Description

Despite the late-day slide of the Dow yesterday, the Nikkei and Hang Seng were both up moderately. Plus: Chrysler and Jeep to recall vehicles.

Transcript
Consumers Spend Cautiously Due to a Tough Job Market Asian Markets aged up today as inventors went bargain hunting. Japan’s Nikkei gained a fraction while Hong Kong’s Hang Seng was also mostly up. Today, Wall Street gets the latest on the job market. Monday saw another late day sale off, the Dow dropped to 115 points while the NASDAQ lost 45. Chrysler’s recalling nearly 600,000 mini vans and jeep wranglers. Regulator say the 2006 through 2010 wranglers have a potential brake fluid leak and the 2008 and 2009 minivans have a wiring problem that could cause a fire. There have been no crashes or injuries reported. This is the second big week whole for Chrysler in the past week. The panel investigating the financial meltdown has delivered a subpoena to Goldman Sachs. The commission says the bank has not responded to some of its request for information, instead Goldman has sent the panel a blizzard of documents more than the staff can handle. The subpoena includes request for interviews with Goldman executives including CEO Lloyd Blankfein. And more bad news for those working the overnight shift, a new study finds employees who start their day between 8PM and midnight get the least sleep and have consistently poor performance. The maximum on the job fatigue occurred with shifts that start at 11PM because workers can’t get enough shut-eye before their shift begins. That’s your Money Watch. For more, stay with cbsmoneywatch.com. In New York, I’m Ashley Morrison.
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Jeep

The name Jeep comes from the military vehicle designation GP (government purposes). Sources dispute this saying that the jeep was used for specific things and never referred to as Government Purposes......

Jeep

History...