• ENVIRONMENT TAKEOUT: It's flood season in North Dakota. Prairie Public Broadcasting reporter Todd McDonald gives us the latest on the flood preparations in Fargo and tells us why some people are still not moving away from the town's most exposed area.
• MONEY TAKEOUT: Former Fed chairman Alan Greenspan will be at the Brookings Institution today to present his most detailed report on the roots of the financial meltdown, 48-page paper titled, "The Crisis." New York Times reporter Louise Story discusses Greenspan's limited admission of failure and his new argument on what really caused the housing bubble.

Volunteers in Fargo spent Wednesday sandbagging as quickly as they could as estimates of how high the Red River would crest were raised. Donald Schwert, Professor of Geology at North Dakota State University in Fargo, joins John to explain why the area is so vulnerable to floods, and Todd McDonald, a reporter for Prairie Public Radio, will describe how the city is coping.

For more information, check out Donald Schwert's Fargo Flood Homepage