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NEWSWEEK: Media Lead Sheet/February 4, 2008 Issue (on newsstands Monday, January 28)
Date:1/27/2008

COVER: "Road to Recession" (p. 39). Senior Writer Daniel Gross looks at the signs that are pointing to a recession in America and whether or not that will pull the rest of world down with it. A recession is defined as a widespread contraction in economic activity lasting more than a few months, and because of the lag in financial data, recessions typically aren't officially declared until long after they start. In short, the U.S. could already be in one. "Though world markets stabilized by late last week, buoyed by the Fed's rate-cut action and a proposed stimulus package of $150 billion that was hastily cobbled together by leaders in the House of Representatives and President Bush, the question remains: how ugly will it get, and when will it end?" Gross writes.
http://www.newsweek.com/id/105558

(Photo: http://www.newscom.com/cgi-bin/prnh/20080127/NYSU002 )

POLITICS: "Just Don't Know What to Do With Myself" (p. 24). Senior Writer Suzanne Smalley, with a team of Newsweek correspondents, reports on the impact former president Bill Clinton may be having on his wife's presidential campaign. He claims the feuding between Barack Obama and his wife is media- driven and he's right, for now at least. The voting public seems less interested in the feuding than do the pundits. But whether Clinton's attacks are part of some grand campaign strategy is almost beside the point. He is an unstoppable force of nature, a keenly intuitive politician who is not going to be part of someone's strategic plan unless it's his own, and even then he'll roar off in a different direction if his mood or his instincts move him.

http://www.newsweek.com/id/105679

"Here an F.O.B., There an F.O.B." (p. 30). Investigative Correspondents Michael Isikoff and
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