[Nguyen:] Hello. And good morning, everybody, on this Saturday. I'm Betty Nguyen.
[Holmes:] And hello to you all. I'm T.J. Holmes. Glad you could start your Saturday off right here with us.
[Nguyen:] More bad money news for you. Some Wall Street investors talking about this today because they may lose millions in an alleged Ponzi scheme that prosecutors say former NASDAQ Chairman Bernard Madoff was running. The asset of his investment advisory company has been frozen and some people had invested in the company for years. We'll continue to follow this. And the White House is busy this weekend working on a bailout loan for the auto industry. President Bush is going against his Republican colleagues to help out General Motors, Chrysler and Ford. The administration says no decisions have been made yet on the loan amount or restrictions to its use.
[Holmes:] And, of course, G.M., Chrysler, Ford.
[Nguyen:] Right.
[Holmes:] Those are the Big Three as they are called and those are the ones we've been talked about in this bailout. But, hey, there are other automakers out there that would also feel an impact if just one of those companies goes into bankruptcy.
[Nguyen:] CNN's Brian Todd looks under the hood to explain that.
[Brian Todd, Cnn Correspondent:] If those Ford or Chevy assembly lines shut down, fitters and foremen at Honda and Toyota, beware. Why? No, your companies aren't on the brink of bankruptcy but here is the problem.
[Ron Harbour, The Harbour Report:] They are so interlinked today. They have so many common suppliers.
[Todd:] Suppliers like Goodyear, which makes tires for overseas- based and American automakers will feel an immediate pinch, experts say, if one of the Big Three goes down. To show how that will then hurt the European and Asian car companies, we asked industry expert Ron Harbour, whose publication looks at manufacturing and performance, to take us inside the hood of a Toyota Camry sedan.
[Harbour:] This engine has a starter motor that's supplied by a company called Denso or formerly known as Nippon Denso. It's a Japanese supplier but with a huge manufacturing presence here in North America. They provided this component for Toyota but they also provide components for most of the major car manufacturers here in North America. So, if one of those companies was to leave the market, go bankrupt or whatever, that have a huge impact on Denso.
[Todd:] Harbour says that Denso could then lose a big chunk of its income. It may have to downsize, possibly layoff hundreds of workers at the big plants like its facility in Battle Creek, Michigan. Harbour says that could be repeated at parts manufacturers throughout the Midwest corridor, from Michigan through Southern Ohio, to hubs down south like Kentucky, where Toyota has big plants. What's Toyota thinking then?
[Harbour:] What Toyota is worried about is what impact it would have on their quality or the delivery of their parts to their plants, would it potentially shut any of their facilities down or create a quality problem that they would have to be concerned about.
[Todd:] Brian Todd, CNN, Washington.
[Nguyen:] The "Associated Press" has confirmed Defense Secretary Robert Gates is in Iraq on an unannounced visit to meet with U.S. commanders. The trip comes as the United States continues plans for troop withdrawals by 2011 T.J.?
[Holmes:] Well, Betty, authorities believe they have found the body of Caylee Anthony. She's a two-year-old girl who went missing back in June. Now, this story struck a lot of got a lot of national interest. Right now, what we do know is that this body has been found not far from where her grandparents live. More and more confident, even though there's no confirmation yet, but they believe this body has similar characteristics to the two-year-old child. Also, hair was found near the body. That hair matches the same color as Caylee's. Again, DNA results are going to have to confirm all of this. But Caylee Anthony's disappearance, and again, a lot of people know this story and know it well by now. It got a lot of interest because of her disappearance, for one thing, but a lot of details about the case just didn't sit right with a lot of folks, including the fact that her mother waited a month to report her missing. Investigators say she also, the mother, gave them misleading statements. A utility worker found the remains in the plastic bag. Listen to the 911 call.
[Unidentified Male:] Yes, it's me. This is Orange County utility emergency dispatch. We've got a human skull. 911
[Operator:] Oh, my gosh.
[Unidentified Male:] I know. We've got is it a meter reader? Yes. I'm going to let you speak right now with the representative from our field services facilities. Hi. Everything is recorded. Here he is. How are you doing? A skull from
[Operator:] What's the location?
[Unidentified Male:] It's right off of Suburban and Chickasaw, in the Caylee Anthony area right by the... 911
[Operator:] Oh.
[Holmes:] And did you hear that? The story there, people know it and know it well, and even said, "We found it in the Caylee Anthony area." Investigators there in Orlando are still working to get more evidence in this case. They've raided the home of Caylee Anthony's grandparents. Reporter Jessica Sanchez from our affiliate WKMG has more on what this could now mean for the case.
[Jessica Sanchez, Wkmg Reporter:] The Anthony family's entire home was fair game to crime scene investigators overnight and they appear to have been thorough in their search for evidence. Four vacuum cleaners and two pesticide tanks were among the items confiscated. The rest were hidden in four boxes and seven paper bags, though, one appeared to contain a pillow.
[Unidentified Male:] We've got a lot left to do.
[Sanchez:] Even at 1:00 in the morning, homicide detective John Allen was answering phone calls while also rummaging through the Anthony's home, having been thrust into the middle of one of the nation's most riveting investigations.
[Unidentified Male:] I'm pretty tired.
[Sanchez:] Sergeant Allen has had many sleepless nights while trying to solve the mystery behind the disappearance of Caylee Anthony, but this night could possibly be the most rewarding, with the big break that came only hours earlier. A utility worker discovered a child's skull Thursday in a wooded area less than half a mile from the Anthony home. It had been wrapped in duct tape and placed in a plastic bag. Detectives are hoping the evidence found there can be linked to evidence found inside the Anthony's home and hopefully put an end to the six-month-old mystery.
[Holmes:] Now, as for the mother, Casey, she's still behind bars. She was arrested and charged with first degree murder. That was month after her daughter disappeared. She could now face life in prison if convicted. There she is. Prosecutors say they will, however, not seek the death penalty Betty?
[Nguyen:] You know, we're following another story, too, this morning, T.J. I've got to ask you, does history have I don't know a chance of repeating itself when it comes to the Heisman? What do you think?
[Holmes:] There's a slim chance.
[Nguyen:] Really?
[Holmes:] But, in your case, you wouldn't want history to repeat itself, Betty...
[Nguyen:] Yes.
[Holmes:] ... because you have a dog in the fight.
[Nguyen:] We do.
[Holmes:] Heisman Trophy is going to be handed out tonight and the Texas, Betty's alma mater, the Texas quarterback is in the running. But right now, everybody thinks he's a distant third anyway.
[Nguyen:] Yes.
[Holmes:] We'll talk about it after the break.
[Nguyen:] With Rick Horrow. Stay tuned for that.
[Holmes:] All right.