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San Francisco's Uncertain Economic Hopes for America's Cup

  • Aired: 10/17/2012
  • 06:22
  • Rating: E
The 2013 America's Cup, an international sailing competition, will be held in San Francisco Bay next September. Hosting the race is all about economics, but with global financial decline, special correspondent Spencer Michels reports San Francisco may not reap the hoped for $1.4 billion in revenue or 9,000 promised jobs.
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San Francisco's Uncertain Economic Hopes for America's Cup
San Francisco's Uncertain Economic Hopes for America's Cup
Recession May Take Wind Out of San Francisco's Economic Hopes for America's Cup
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