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Galveston officials paint bleak picture after Ike (AP)
[28 mins][Galveston, TX]
Over four feet of sand is brought to the beach along the Seawall on Wednesday, Jan. 7, 2009, in Galveston, Texas, to repair  the damage caused by Hurricane Ike. According to Steve LaBlanc, the city manager of Galveston, the sand is being brought over to the Seawall from the East end of the island. In some places they are adding up to 200 feet of beach. The main concern is to protect the wood pylons beneath the concrete of the seawall.  (AP Photo/Houston Chronicle, Nick de la Torre )AP - Galveston officials pleaded with state lawmakers Wednesday for help in rescuing their island city from the dire financial straits it finds itself in nearly four months after the devastation of Hurricane Ike.
Madoff debate: Should he be free on bail?
[1 hr]
Jan. 7: Prosecutors said Wednesday that admitted Ponzi scheme mastermind Bernie Madoff should be put in jail for violating bail by sending several expensive gifts to family members. CNBC's Scott Cohn reports.  (Nightly News)A debate has been raging over the fact that Bernard Madoff remains free, spending his days in his luxury penthouse despite being accused of the largest financial fraud in history.

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