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CNN Live Today

Lawsuit Filed over New York Stock Exchange Head's Salary; Kerry Might Delay Accepting Nomination; Magazine Gives Awards for Pet Vacation Spots; Antidepressant Use Growing Among Children; Golden Trailer Awards Honor Movie Preview Spots

Aired May 24, 2004 - 11:30   ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.


THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.


DARYN KAGAN, CNN ANCHOR: I'm Daryn Kagan at CNN center in Atlanta. Let's check the headlines at this hour.
An SUV struck a roadside bomb in Iraq today. That explosion killed two British citizens. Another was wounded. The attack occurred not far from coalition headquarters in Baghdad.

President Bush gives the first in a series of speeches tonight to outline the transition to self-rule in Iraq. CNN plans live coverage of the address from the Army War College in Pennsylvania at 8:00 Eastern.

a rocket-propelled grenade has killed a Norwegian peacekeeper in Afghanistan and wounded another. The attack occurred Sunday on the outskirts of the capital of Kabul.

And cell phone portability goes nationwide today. That means customers can keep the same phone number when switching to new wireless carriers. They can also transfer a traditional land line number to a cell in the same area.

Less than two hours from now, New York's attorney general will talk to reporters about a lawsuit against former New York Stock Exchange chief executive Richard Grasso.

More now from CNN's Allan Chernoff.

Allan -- good morning.

ALLAN CHERNOFF, CNN FINANCIAL NEWS: Good morning to you, Daryn.

And New York Attorney General Eliot Spitzer is planning a press conference early this afternoon to talk about a lawsuit against Richard Grasso, the former head of the New York Stock Exchange. Mr. Spitzer is going to demand that Grasso return the bulk of his $140 million in compensation. You'll recall that Mr. Grasso was ousted from the exchange once details of his pay package became public.

Now, the Grasso camp intends to release a statement this afternoon, but in a letter to the exchange back in February, Mr. Grasso's attorneys said nothing will force Richard Grasso to capitulate, especially not the filing of a completely baseless lawsuit. Now, Mr. Grasso in fact has charged that he is being unfairly singled out simply because the compensation committees and the board of directors at the New York Stock Exchange had approved his multiple contracts.

Now, also expected to be named in the lawsuit today is Kenneth Langone. Mr. Langone had been on the New York Stock Exchange board and had led the compensation committee.

Mr. Langone's spokesperson intends to issue a statement later today. So far they're not saying anything. But we do expect that he will vigorously contest the lawsuit.

There is one other character here, and that is Frank Ashen. He had been the head of the human resources committee at the New York Stock Exchange, and we understand from sources familiar with the situation that Mr. Ashen is cooperating with Eliot Spitzer in this issue -- Daryn.

DARYN KAGAN, ANCHOR: So Allan, when this all came out, when people heard how much Grasso was making, people thought it was obscene, it was greedy, but there was really nothing illegal, necessarily, that was suggested at the time.

Are we talking criminal charges here or just trying to get a bunch of that money back?

CHERNOFF: This is expected to be a civil case here. The allegations are that Mr. Grasso pretty much ran the compensation committee, personally appointed people who would be on the compensation committee, had his friends on the board of directors, kind of made sure that he would have his very lucrative pay package approved.

So that -- those are the allegations over here. But the pay package was approved legitimately by the compensation committee, by the board of directors.

And Mr. Grasso's team certainly is going to argue that there was nothing hidden, that the members of the board certainly had it spelled out, and that they should have known exactly what they were approving -- Daryn.

KAGAN: Allan Chernoff in New York. Thank you.

President Bush is preparing for his big speech on Iraq. His Democratic rival is continuing to focus on rising gasoline prices. John Kerry is also offering some new clues about his plans for the party's convention in his hometown.

For all of that let's go to "INSIDE POLITICS" anchor Judy Woodruff in Washington for details.

Judy, good morning.

JUDY WOODRUFF, CNN CORRESPODNENT: Hi there, Daryn, and good morning to you. Well, Senator Kerry told reporters this morning that the Democrats' July gathering in Boston will be, in his words, a full- fledged convention.

But Kerry says no decisions have been made about whether he will accept the nomination at the convention. He's considering putting off his acceptance by five weeks to keep spending primary season money until President Bush gets his party's nomination.

Meantime, Kerry plans to talk about rising gas prices during interviews with local reporters today. He is scheduled to zero in on the problem and cast blame on the Bush administration throughout the first part of this week.

Independent presidential candidate Ralph Nader is weighing in on Senator Kerry's choice for a running mate. The two men held a private meeting in Washington last Wednesday.

Nader says he told Kerry he should choose either Senator John Edwards or Congressman Dick Gephardt. Nader rejected the idea of Republican Senator John McCain on the ticket saying, quote, "He's not going to do it."

Former Democratic hopeful Al Gore is joining forces with a liberal interest group MoveOn.org to promote a Hollywood disaster movie today in New York.

The "Day After Tomorrow" opens nationwide this Friday. It centers on the potentially disastrous effects of global climate change. Gore and MoveOn.org are using the movie to criticize Bush White House policies on the environment.

So how much is the conflict in Iraq hurting President Bush in the polls? This afternoon we'll take a look at some new numbers on the president's approval rating.

Plus, much more on John Kerry's search for a running mate. Tune in for our latest edition of ticket talk.

This and much more when I go "INSIDE POLITICS" at 3:30 p.m. Eastern.

Now back to Daryn in Atlanta.

KAGAN: Judy, we are looking forward to that. Thank you.

Top dog, treating your pet right when you're traveling. We have some of those top destinations and hotels.

Also, this is ahead. Are you one of those people who thinks the best part about going to the movies is watching the trailers, the coming attractions? Well, how about awards for those trailers? The nominees for the Golden Trailer Awards when CNN LIVE TODAY continues.

(COMMERCIAL BREAK)

KAGAN: If your pet is your traveling buddy, it makes sense to do business with companies that treat your furry pal just right.

"Animal Fair" magazine is recognizing those companies with its first annual Five Dog Bone Awards.

Wendy Diamond, editor in chief of "Animal Fair," and of course, by side always, her dog Lucky, heading the prestigious committee, the Five Dog Bone Award Commission. Wendy and Lucky in New York this morning.

Good morning.

WENDY DIAMOND, EDITOR-IN-CHIEF, "ANIMAL FAIR": Good morning.

KAGAN: It looks like you guys have been traveling around and happy and good.

DIAMOND: Yes. We're really excited about this new awards that we're doing. It's really bringing awareness towards all the people that travel with their pets.

Right now 79 percent of all pet owners travel with their pet.

KAGAN: And I was looking at the list of the people getting awards. Lucky's been staying at some pretty posh places.

DIAMOND: Absolutely. But also, she tested the Motel 6, because they also have a program for pets.

But the best hotel we found was the St. Regis in Los Angeles. They have their own dog beds for the dogs now that are these, like, really plush pillows. They give you Evian food in case you didn't bring food for your pet. It's a really great program that they have for pet owners.

KAGAN: Cha-ching, you know, though. It's one of the priciest hotels in L.A.

DIAMOND: Well, that was a little -- exactly. But they do not charge for...

KAGAN: For the dog.

DIAMOND: ... the pet program, which is really important, because a lot of hotels charge you $50 to $100 for the dog to stay a night.

KAGAN: OK.

DIAMOND: So really, when you look at it, it kind of equals out.

KAGAN: And the dog by the pool.

If you want to go international, a resort, Las Ventanas. We're going down to Los Cabos, Mexico, right now.

DIAMOND: Oh, my gosh. Daryn, it was incredible.

I mean, they had -- You could go play tennis, and they would just send somebody to walk your dog and play with your dog.

They -- If you wanted to lay out by the pool, they would bring a little cabana for the dog.

KAGAN: A doggie cabana.

DIAMOND: And I mean, Lucky never sits still, usually. And it's just -- Lucky loves the cabana. It was adorable. She never got sun. Because dogs do have to be aware that dogs do get sunburned, as well.

KAGAN: Did Lucky go to the spa at Las Ventanas, too?

DIAMOND: Yes, they give great massages for people and pets.

KAGAN: Again, Wendy, I think you picked one of the most expensive resorts in Cabos.

DIAMOND: Well, you know what? There's one more expensive now so it wasn't the most expensive.

KAGAN: OK. So it's not on a budget?

DIAMOND: Right -- but on a budget -- But also, like the program, like, they had a whole menu for pets. I mean, which personally, the canine couscous I ate myself. I love it.

KAGAN: Why am I not shocked by that?

Let's really go international here. You're going to tell me that Lucky went to St. Petersburg, Russia.

DIAMOND: Now -- Well, I, first of all, love to travel, and I think that what's important for people to know, that you can travel with your pet.

So I went all over the place. But the place that was really amazing with pets was St. Petersburg, Russia. I think it's because everybody's free there that they feel like their pet should be free, as well.

I mean, you can eat at Pizza Hut in Russia, and Lucky could sit at the table like this and have dinner. It was incredible. From the finest restaurants but also to, like, the McDonald's and Pizza Hut there.

She was also invited to, like, the opera. So you could bring your pet anywhere. So like the people in Russia, they're free now. The pets are free.

KAGAN: I've been to St. Petersburg in the winter. What did Lucky think of those temperatures, though? That would be an additional fur coat.

DIAMOND: I had to get her thermal underwear. Thank God they're making thermal underwear for dogs now.

KAGAN: Thank God. There's so many things to be thankful for, and that would be the top of the list.

I just want to throw one at you a little bit more budget. I took my dog on vacation last summer.

DIAMOND: Right.

KAGAN: So you're showing your dog's pictures. This is my dog. St. George Island, Florida. Very dog friendly.

DIAMOND: Nice. That's what's really great, is everybody now is allowing pets to -- you know, like the Starwood has launched their whole pet program for all their hotels from the Sheraton to, you know, the St. Regis to the W hotels.

And even Motel 6 is doing a whole campaign this summer so people can bring their pets.

KAGAN: Well, Barro's (ph) a budget dog. We rented a condo. No lodging at St. Regis for my dog. But we had a good time nonetheless, and a very dog-friendly island.

Wendy, thank you so much and thank you to Lucky, as well. Always a pleasure to have you guys stop by.

DIAMOND: Have a great day.

KAGAN: OK.

How are you going to top that? All right.

Today's "Daily Dose," we want to talk about what some are calling an alarming new trend, studies showing more children, even preschoolers, are taking anti-depressants.

For more on that here's Dr. Sanjay Gupta.

(BEGIN VIDEOTAPE)

DR. SANJAY GUPTA, CNN MEDICAL CORRESPONDENT (voice-over): When Caroline See was younger, she dealt with severe anxiety. Daily acts such as putting on a jacket were stress-ridden choices, usually ending in tears.

JOANNA SEE, CAROLINE'S MOTHER: You hear about the terrible twos, and this was -- you know, she was 5 and still doing this. And approaching 6. And it just seemed to be getting worse and worse.

GUPTA: Now Caroline is 10 and has been taking anti-depressants for anxiety and attention disorder for the past four years.

CAROLINE SEE, ON ANTIDEPRESSANTS: I can concentrate better on my work.

GUPTA: And she's not alone. Caroline is part of a quickly growing population: young children who are being treated with anti- depressants. Alarming? Absolutely. Necessary? Perhaps.

While medication is given to less than 1/2 of one percent of all children, there have been rapid increases in a short time. According to a recent study, anti-depressant use increased about 10 percent a year between 1998 and 2002 among preschoolers.

DR. JORGE ARMENTEROS, UNIVERSITY OF MIAMI SCHOOL OF MEDICINE: These drugs have been given to hundreds of thousands of children in the last, you know, 14 years or so. And the record of side effects is actually very decent.

GUPTA: But there are still many unknowns: tolerance build-up, effects on a developing brain.

ARMENTEROS: We have to be candid and honest and say there are certain things that we do not know.

GUPTA: But for a parent, when do the short-term benefits outweigh the unknown risk?

J. SEE: As a parent if your child is miserable, you become desperate, and certainly I used to be one of those people that said I would never put my child on any type of a Ritalin or a medication.

GUPTA: For Caroline, behavioral therapy and alternative treatments didn't work. Only medications provided the answer.

PHILLIP SEE, CAROLINE'S FATHER: We know it's a chemical thing. You know, whether it's your brain or your pancreas or another part of your body, it's a chemical process in the body, and you know, certainly we cross our fingers that there aren't going to be long-term negatives.

GUPTA: Dr. Sanjay Gupta, CNN, New York.

(END VIDEOTAPE)

KAGAN: Teasing the audience with a movie trailer is best at grabbing business. Ahead, the nominees for the Golden Trailer Awards? See if your favorite movie or trailer made the cut. That's just ahead.

(BEGIN VIDEO CLIP)

UNIDENTIFIED FEMALE: Welcome, prime minister. This is Natalie.

MARTINE MCCUTCHEON, ACTRESS: Hello, David -- I mean, sir.

UNIDENTIFIED FEMALE: Twenty years ago, you would have been dismissed tonight.

(END VIDEO CLIP)

(COMMERCIAL BREAK)

(BEGIN VIDEO CLIP)

BEN STILLER, COMEDIAN: ... wonder why they get E. Coli poisoning. On average only one out of six people wash their hands when they go to the bathroom.

ANNOUNCER: So he always made a safe choice.

UNIDENTIFIED MALE: I would insure your marriage any day of the week.

HANK AZARIA, ACTOR: Hello.

(END VIDEO CLIP)

KAGAN: A tasty tease that taunts the audience but never gives a movie away. At least that's the idea.

That's the formula for a winning movie trailer such as this one, a two-minute preview seen at the theater just before the feature film begins.

And now we have the Golden Trailer Awards, honoring these mini movies. To find out what's the best tease, shall we have the envelope, please?

They will be announced tomorrow. With us today, though, Evelyn Brady, the show's creator, and actor Tom Green, who is hosting the show. They are in L.A. where the show will take place.

Good morning. Thanks for being with us.

TOM GREEN, COMEDIAN: Hey, Daryn, how are you doing?

KAGAN: I'm doing great.

GREEN: How's it going?

KAGAN: It's going great.

You know, for a lot of big...

GREEN: A lot of...

KAGAN: Yes, go ahead.

GREEN: A lot of big awards shows here you're talking about here today, like the Dog Bone awards and the trailer awards. This is a big news day, I guess.

KAGAN: Yes, huge. And we're Lucky to fit you in.

How about this? You know, for a lot of people going to the movies, the best part has become seeing the trailers at the beginning.

GREEN: I love trailers myself. I've always loved the trailers. I often just go see the trailers and then leave before the movie starts. Beat the rush to the parking lot.

KAGAN: That works well.

GREEN: It's exciting.

KAGAN: All the better to get the popcorn.

Evelyn, what makes for a good trailer? What makes for the trailers that win these awards?

EVELYN BRADY, CREATOR, GOLDEN TRAILER AWARDS: Well, the idea of a great trailer is a trailer that taunts and teases and doesn't give away the final act. Very important.

KAGAN: But Tom, with the movies that you've done, have you seen trailers that you look at it, and you say, "Oh, they took so much of the good stuff, no reason to go see the film?"

GREEN: Yes. Well, sometimes it's hard with my movies to make a trailer.

But you know, it is a real art, though, to be able to tell the story, you know, especially with comedy, actually, because you inevitably end up just putting mostly punch lines in the trailer and it's hard to actually set up a joke.

So it is an art. And you know, I was excited when I got asked to host the show. I'm really excited about doing it. Apparently, there's going to be a lot of drinking at the show. Right? It's a very -- it's a very laid-back awards show. It's not one of...

BRADY: Keep it flowing. It's a good party.

GREEN: Casual, fun awards show. So -- so I'm looking forward to hosting it.

KAGAN: Looking forward to having fun.

I want to look at some of the nominees. Best action, there's five, "Charlie's Angels." That was near and dear to your heart, I would think.

GREEN: Yes. That's going to be -- that's going to be a good one.

KAGAN: "Full Throttle." "Kill Bill Vol. 1," "I Robot." I think we have "pirates of the Caribbean." Let's take a look at that one.

(BEGIN VIDEO CLIP)

GEOFFREY RUSH, ACTOR: You don't know what this is, do you? Aztec gold. The heathen gods placed upon the gold a terrible curse. Ten years we've searched.

(END VIDEO CLIP)

KAGAN: Tom, when you see that, are you just dying to go see that movie?

GREEN: Yes. I'm looking at that right now. Actually, I haven't seen this trailer yet. That's probably the reason why I never saw "Pirates of the Caribbean." And I'm actually looking at it right now, and I'm thinking I want to run right out and watch that movie.

See, that's what trailers do. They make you want to run out and watch the movie.

You want to see something cool that we -- you want to see something cool that we worked on here while we were waiting to talk to you?

KAGAN: All right.

GREEN: Do you want to do this? I was working on something with the cameraman here in the studio. It's -- zoom in on my eye here. Watch this. You got it? You got the close-up?

KAGAN: And the purpose of this is?

GREEN: Tighter, tighter. Watch this. Just watch. Tighter, tighter, tighter. Look at this. Hello. Hello, Daryn.

KAGAN: Hello, Tom.

GREEN: Hello, Daryn. I can see you. I can see you in Atlanta.

KAGAN: All right.

GREEN: See what I mean?

KAGAN: You knew what you were getting when you asked him to be host.

BRADY: Yes.

KAGAN: A little taste of that.

Another trailer, best romance, "Love, Actually." We'll roll that, we'll talk about it while we're looking at it. Why would that one be nominated?

GREEN: Well, look at the dancing, you can see how good this trailer is. There's hugging. There's hugging.

BRADY: You also have a film where you've got 20 main characters, and to -- you know, to encapsulate the film and pull enough great bits and sell the story while you're doing so, I mean, it's just a phenomenal trailer.

GREEN: There's also a skating rink in a trailer.

KAGAN: This is for real. Might bring in sports fans.

GREEN: And a kid in a funny little frog... KAGAN: Very good. So these are passed out tomorrow in L.A., and for people who are these huge trailer fans, where can they find out more about who won?

BRADY: Www.GoldenTrailer.com.

KAGAN: Ah. Perfect. Very good. And what do you get for winning...

GREEN: And I don't know if this...

BRADY: We've got a super sweet trophy and a Jet Blue ticket, if you win best of show.

GREEN: And I'm actually a pilot -- I'm a pilot for Jet Blue now, as well.

KAGAN: Which is even scarier than when we began the interview.

Tom Green, thank you so much.

And Evelyn Brady, thank you.

GREEN: Thanks, Daryn.

KAGAN: Good luck. Giving us a little taste of the Golden Trailer Awards. We'll look for those.

GREEN: Hello. Hello.

KAGAN: Nice eyeballs, Tom.

BRADY: Thank you very much.

KAGAN: Thank you.

GREEN: Hello, Daryn.

KAGAN: Evelyn, good luck. She's going to need it.

(STOCK REPORT)

(COMMERCIAL BREAK)

KAGAN: All right. That's going to do it for me, Daryn Kagan. I will be right back here tomorrow morning. And Wolf Blitzer takes over from Washington, D.C.

TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com


Aired May 24, 2004 - 11:30   ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
DARYN KAGAN, CNN ANCHOR: I'm Daryn Kagan at CNN center in Atlanta. Let's check the headlines at this hour.
An SUV struck a roadside bomb in Iraq today. That explosion killed two British citizens. Another was wounded. The attack occurred not far from coalition headquarters in Baghdad.

President Bush gives the first in a series of speeches tonight to outline the transition to self-rule in Iraq. CNN plans live coverage of the address from the Army War College in Pennsylvania at 8:00 Eastern.

a rocket-propelled grenade has killed a Norwegian peacekeeper in Afghanistan and wounded another. The attack occurred Sunday on the outskirts of the capital of Kabul.

And cell phone portability goes nationwide today. That means customers can keep the same phone number when switching to new wireless carriers. They can also transfer a traditional land line number to a cell in the same area.

Less than two hours from now, New York's attorney general will talk to reporters about a lawsuit against former New York Stock Exchange chief executive Richard Grasso.

More now from CNN's Allan Chernoff.

Allan -- good morning.

ALLAN CHERNOFF, CNN FINANCIAL NEWS: Good morning to you, Daryn.

And New York Attorney General Eliot Spitzer is planning a press conference early this afternoon to talk about a lawsuit against Richard Grasso, the former head of the New York Stock Exchange. Mr. Spitzer is going to demand that Grasso return the bulk of his $140 million in compensation. You'll recall that Mr. Grasso was ousted from the exchange once details of his pay package became public.

Now, the Grasso camp intends to release a statement this afternoon, but in a letter to the exchange back in February, Mr. Grasso's attorneys said nothing will force Richard Grasso to capitulate, especially not the filing of a completely baseless lawsuit. Now, Mr. Grasso in fact has charged that he is being unfairly singled out simply because the compensation committees and the board of directors at the New York Stock Exchange had approved his multiple contracts.

Now, also expected to be named in the lawsuit today is Kenneth Langone. Mr. Langone had been on the New York Stock Exchange board and had led the compensation committee.

Mr. Langone's spokesperson intends to issue a statement later today. So far they're not saying anything. But we do expect that he will vigorously contest the lawsuit.

There is one other character here, and that is Frank Ashen. He had been the head of the human resources committee at the New York Stock Exchange, and we understand from sources familiar with the situation that Mr. Ashen is cooperating with Eliot Spitzer in this issue -- Daryn.

DARYN KAGAN, ANCHOR: So Allan, when this all came out, when people heard how much Grasso was making, people thought it was obscene, it was greedy, but there was really nothing illegal, necessarily, that was suggested at the time.

Are we talking criminal charges here or just trying to get a bunch of that money back?

CHERNOFF: This is expected to be a civil case here. The allegations are that Mr. Grasso pretty much ran the compensation committee, personally appointed people who would be on the compensation committee, had his friends on the board of directors, kind of made sure that he would have his very lucrative pay package approved.

So that -- those are the allegations over here. But the pay package was approved legitimately by the compensation committee, by the board of directors.

And Mr. Grasso's team certainly is going to argue that there was nothing hidden, that the members of the board certainly had it spelled out, and that they should have known exactly what they were approving -- Daryn.

KAGAN: Allan Chernoff in New York. Thank you.

President Bush is preparing for his big speech on Iraq. His Democratic rival is continuing to focus on rising gasoline prices. John Kerry is also offering some new clues about his plans for the party's convention in his hometown.

For all of that let's go to "INSIDE POLITICS" anchor Judy Woodruff in Washington for details.

Judy, good morning.

JUDY WOODRUFF, CNN CORRESPODNENT: Hi there, Daryn, and good morning to you. Well, Senator Kerry told reporters this morning that the Democrats' July gathering in Boston will be, in his words, a full- fledged convention.

But Kerry says no decisions have been made about whether he will accept the nomination at the convention. He's considering putting off his acceptance by five weeks to keep spending primary season money until President Bush gets his party's nomination.

Meantime, Kerry plans to talk about rising gas prices during interviews with local reporters today. He is scheduled to zero in on the problem and cast blame on the Bush administration throughout the first part of this week.

Independent presidential candidate Ralph Nader is weighing in on Senator Kerry's choice for a running mate. The two men held a private meeting in Washington last Wednesday.

Nader says he told Kerry he should choose either Senator John Edwards or Congressman Dick Gephardt. Nader rejected the idea of Republican Senator John McCain on the ticket saying, quote, "He's not going to do it."

Former Democratic hopeful Al Gore is joining forces with a liberal interest group MoveOn.org to promote a Hollywood disaster movie today in New York.

The "Day After Tomorrow" opens nationwide this Friday. It centers on the potentially disastrous effects of global climate change. Gore and MoveOn.org are using the movie to criticize Bush White House policies on the environment.

So how much is the conflict in Iraq hurting President Bush in the polls? This afternoon we'll take a look at some new numbers on the president's approval rating.

Plus, much more on John Kerry's search for a running mate. Tune in for our latest edition of ticket talk.

This and much more when I go "INSIDE POLITICS" at 3:30 p.m. Eastern.

Now back to Daryn in Atlanta.

KAGAN: Judy, we are looking forward to that. Thank you.

Top dog, treating your pet right when you're traveling. We have some of those top destinations and hotels.

Also, this is ahead. Are you one of those people who thinks the best part about going to the movies is watching the trailers, the coming attractions? Well, how about awards for those trailers? The nominees for the Golden Trailer Awards when CNN LIVE TODAY continues.

(COMMERCIAL BREAK)

KAGAN: If your pet is your traveling buddy, it makes sense to do business with companies that treat your furry pal just right.

"Animal Fair" magazine is recognizing those companies with its first annual Five Dog Bone Awards.

Wendy Diamond, editor in chief of "Animal Fair," and of course, by side always, her dog Lucky, heading the prestigious committee, the Five Dog Bone Award Commission. Wendy and Lucky in New York this morning.

Good morning.

WENDY DIAMOND, EDITOR-IN-CHIEF, "ANIMAL FAIR": Good morning.

KAGAN: It looks like you guys have been traveling around and happy and good.

DIAMOND: Yes. We're really excited about this new awards that we're doing. It's really bringing awareness towards all the people that travel with their pets.

Right now 79 percent of all pet owners travel with their pet.

KAGAN: And I was looking at the list of the people getting awards. Lucky's been staying at some pretty posh places.

DIAMOND: Absolutely. But also, she tested the Motel 6, because they also have a program for pets.

But the best hotel we found was the St. Regis in Los Angeles. They have their own dog beds for the dogs now that are these, like, really plush pillows. They give you Evian food in case you didn't bring food for your pet. It's a really great program that they have for pet owners.

KAGAN: Cha-ching, you know, though. It's one of the priciest hotels in L.A.

DIAMOND: Well, that was a little -- exactly. But they do not charge for...

KAGAN: For the dog.

DIAMOND: ... the pet program, which is really important, because a lot of hotels charge you $50 to $100 for the dog to stay a night.

KAGAN: OK.

DIAMOND: So really, when you look at it, it kind of equals out.

KAGAN: And the dog by the pool.

If you want to go international, a resort, Las Ventanas. We're going down to Los Cabos, Mexico, right now.

DIAMOND: Oh, my gosh. Daryn, it was incredible.

I mean, they had -- You could go play tennis, and they would just send somebody to walk your dog and play with your dog.

They -- If you wanted to lay out by the pool, they would bring a little cabana for the dog.

KAGAN: A doggie cabana.

DIAMOND: And I mean, Lucky never sits still, usually. And it's just -- Lucky loves the cabana. It was adorable. She never got sun. Because dogs do have to be aware that dogs do get sunburned, as well.

KAGAN: Did Lucky go to the spa at Las Ventanas, too?

DIAMOND: Yes, they give great massages for people and pets.

KAGAN: Again, Wendy, I think you picked one of the most expensive resorts in Cabos.

DIAMOND: Well, you know what? There's one more expensive now so it wasn't the most expensive.

KAGAN: OK. So it's not on a budget?

DIAMOND: Right -- but on a budget -- But also, like the program, like, they had a whole menu for pets. I mean, which personally, the canine couscous I ate myself. I love it.

KAGAN: Why am I not shocked by that?

Let's really go international here. You're going to tell me that Lucky went to St. Petersburg, Russia.

DIAMOND: Now -- Well, I, first of all, love to travel, and I think that what's important for people to know, that you can travel with your pet.

So I went all over the place. But the place that was really amazing with pets was St. Petersburg, Russia. I think it's because everybody's free there that they feel like their pet should be free, as well.

I mean, you can eat at Pizza Hut in Russia, and Lucky could sit at the table like this and have dinner. It was incredible. From the finest restaurants but also to, like, the McDonald's and Pizza Hut there.

She was also invited to, like, the opera. So you could bring your pet anywhere. So like the people in Russia, they're free now. The pets are free.

KAGAN: I've been to St. Petersburg in the winter. What did Lucky think of those temperatures, though? That would be an additional fur coat.

DIAMOND: I had to get her thermal underwear. Thank God they're making thermal underwear for dogs now.

KAGAN: Thank God. There's so many things to be thankful for, and that would be the top of the list.

I just want to throw one at you a little bit more budget. I took my dog on vacation last summer.

DIAMOND: Right.

KAGAN: So you're showing your dog's pictures. This is my dog. St. George Island, Florida. Very dog friendly.

DIAMOND: Nice. That's what's really great, is everybody now is allowing pets to -- you know, like the Starwood has launched their whole pet program for all their hotels from the Sheraton to, you know, the St. Regis to the W hotels.

And even Motel 6 is doing a whole campaign this summer so people can bring their pets.

KAGAN: Well, Barro's (ph) a budget dog. We rented a condo. No lodging at St. Regis for my dog. But we had a good time nonetheless, and a very dog-friendly island.

Wendy, thank you so much and thank you to Lucky, as well. Always a pleasure to have you guys stop by.

DIAMOND: Have a great day.

KAGAN: OK.

How are you going to top that? All right.

Today's "Daily Dose," we want to talk about what some are calling an alarming new trend, studies showing more children, even preschoolers, are taking anti-depressants.

For more on that here's Dr. Sanjay Gupta.

(BEGIN VIDEOTAPE)

DR. SANJAY GUPTA, CNN MEDICAL CORRESPONDENT (voice-over): When Caroline See was younger, she dealt with severe anxiety. Daily acts such as putting on a jacket were stress-ridden choices, usually ending in tears.

JOANNA SEE, CAROLINE'S MOTHER: You hear about the terrible twos, and this was -- you know, she was 5 and still doing this. And approaching 6. And it just seemed to be getting worse and worse.

GUPTA: Now Caroline is 10 and has been taking anti-depressants for anxiety and attention disorder for the past four years.

CAROLINE SEE, ON ANTIDEPRESSANTS: I can concentrate better on my work.

GUPTA: And she's not alone. Caroline is part of a quickly growing population: young children who are being treated with anti- depressants. Alarming? Absolutely. Necessary? Perhaps.

While medication is given to less than 1/2 of one percent of all children, there have been rapid increases in a short time. According to a recent study, anti-depressant use increased about 10 percent a year between 1998 and 2002 among preschoolers.

DR. JORGE ARMENTEROS, UNIVERSITY OF MIAMI SCHOOL OF MEDICINE: These drugs have been given to hundreds of thousands of children in the last, you know, 14 years or so. And the record of side effects is actually very decent.

GUPTA: But there are still many unknowns: tolerance build-up, effects on a developing brain.

ARMENTEROS: We have to be candid and honest and say there are certain things that we do not know.

GUPTA: But for a parent, when do the short-term benefits outweigh the unknown risk?

J. SEE: As a parent if your child is miserable, you become desperate, and certainly I used to be one of those people that said I would never put my child on any type of a Ritalin or a medication.

GUPTA: For Caroline, behavioral therapy and alternative treatments didn't work. Only medications provided the answer.

PHILLIP SEE, CAROLINE'S FATHER: We know it's a chemical thing. You know, whether it's your brain or your pancreas or another part of your body, it's a chemical process in the body, and you know, certainly we cross our fingers that there aren't going to be long-term negatives.

GUPTA: Dr. Sanjay Gupta, CNN, New York.

(END VIDEOTAPE)

KAGAN: Teasing the audience with a movie trailer is best at grabbing business. Ahead, the nominees for the Golden Trailer Awards? See if your favorite movie or trailer made the cut. That's just ahead.

(BEGIN VIDEO CLIP)

UNIDENTIFIED FEMALE: Welcome, prime minister. This is Natalie.

MARTINE MCCUTCHEON, ACTRESS: Hello, David -- I mean, sir.

UNIDENTIFIED FEMALE: Twenty years ago, you would have been dismissed tonight.

(END VIDEO CLIP)

(COMMERCIAL BREAK)

(BEGIN VIDEO CLIP)

BEN STILLER, COMEDIAN: ... wonder why they get E. Coli poisoning. On average only one out of six people wash their hands when they go to the bathroom.

ANNOUNCER: So he always made a safe choice.

UNIDENTIFIED MALE: I would insure your marriage any day of the week.

HANK AZARIA, ACTOR: Hello.

(END VIDEO CLIP)

KAGAN: A tasty tease that taunts the audience but never gives a movie away. At least that's the idea.

That's the formula for a winning movie trailer such as this one, a two-minute preview seen at the theater just before the feature film begins.

And now we have the Golden Trailer Awards, honoring these mini movies. To find out what's the best tease, shall we have the envelope, please?

They will be announced tomorrow. With us today, though, Evelyn Brady, the show's creator, and actor Tom Green, who is hosting the show. They are in L.A. where the show will take place.

Good morning. Thanks for being with us.

TOM GREEN, COMEDIAN: Hey, Daryn, how are you doing?

KAGAN: I'm doing great.

GREEN: How's it going?

KAGAN: It's going great.

You know, for a lot of big...

GREEN: A lot of...

KAGAN: Yes, go ahead.

GREEN: A lot of big awards shows here you're talking about here today, like the Dog Bone awards and the trailer awards. This is a big news day, I guess.

KAGAN: Yes, huge. And we're Lucky to fit you in.

How about this? You know, for a lot of people going to the movies, the best part has become seeing the trailers at the beginning.

GREEN: I love trailers myself. I've always loved the trailers. I often just go see the trailers and then leave before the movie starts. Beat the rush to the parking lot.

KAGAN: That works well.

GREEN: It's exciting.

KAGAN: All the better to get the popcorn.

Evelyn, what makes for a good trailer? What makes for the trailers that win these awards?

EVELYN BRADY, CREATOR, GOLDEN TRAILER AWARDS: Well, the idea of a great trailer is a trailer that taunts and teases and doesn't give away the final act. Very important.

KAGAN: But Tom, with the movies that you've done, have you seen trailers that you look at it, and you say, "Oh, they took so much of the good stuff, no reason to go see the film?"

GREEN: Yes. Well, sometimes it's hard with my movies to make a trailer.

But you know, it is a real art, though, to be able to tell the story, you know, especially with comedy, actually, because you inevitably end up just putting mostly punch lines in the trailer and it's hard to actually set up a joke.

So it is an art. And you know, I was excited when I got asked to host the show. I'm really excited about doing it. Apparently, there's going to be a lot of drinking at the show. Right? It's a very -- it's a very laid-back awards show. It's not one of...

BRADY: Keep it flowing. It's a good party.

GREEN: Casual, fun awards show. So -- so I'm looking forward to hosting it.

KAGAN: Looking forward to having fun.

I want to look at some of the nominees. Best action, there's five, "Charlie's Angels." That was near and dear to your heart, I would think.

GREEN: Yes. That's going to be -- that's going to be a good one.

KAGAN: "Full Throttle." "Kill Bill Vol. 1," "I Robot." I think we have "pirates of the Caribbean." Let's take a look at that one.

(BEGIN VIDEO CLIP)

GEOFFREY RUSH, ACTOR: You don't know what this is, do you? Aztec gold. The heathen gods placed upon the gold a terrible curse. Ten years we've searched.

(END VIDEO CLIP)

KAGAN: Tom, when you see that, are you just dying to go see that movie?

GREEN: Yes. I'm looking at that right now. Actually, I haven't seen this trailer yet. That's probably the reason why I never saw "Pirates of the Caribbean." And I'm actually looking at it right now, and I'm thinking I want to run right out and watch that movie.

See, that's what trailers do. They make you want to run out and watch the movie.

You want to see something cool that we -- you want to see something cool that we worked on here while we were waiting to talk to you?

KAGAN: All right.

GREEN: Do you want to do this? I was working on something with the cameraman here in the studio. It's -- zoom in on my eye here. Watch this. You got it? You got the close-up?

KAGAN: And the purpose of this is?

GREEN: Tighter, tighter. Watch this. Just watch. Tighter, tighter, tighter. Look at this. Hello. Hello, Daryn.

KAGAN: Hello, Tom.

GREEN: Hello, Daryn. I can see you. I can see you in Atlanta.

KAGAN: All right.

GREEN: See what I mean?

KAGAN: You knew what you were getting when you asked him to be host.

BRADY: Yes.

KAGAN: A little taste of that.

Another trailer, best romance, "Love, Actually." We'll roll that, we'll talk about it while we're looking at it. Why would that one be nominated?

GREEN: Well, look at the dancing, you can see how good this trailer is. There's hugging. There's hugging.

BRADY: You also have a film where you've got 20 main characters, and to -- you know, to encapsulate the film and pull enough great bits and sell the story while you're doing so, I mean, it's just a phenomenal trailer.

GREEN: There's also a skating rink in a trailer.

KAGAN: This is for real. Might bring in sports fans.

GREEN: And a kid in a funny little frog... KAGAN: Very good. So these are passed out tomorrow in L.A., and for people who are these huge trailer fans, where can they find out more about who won?

BRADY: Www.GoldenTrailer.com.

KAGAN: Ah. Perfect. Very good. And what do you get for winning...

GREEN: And I don't know if this...

BRADY: We've got a super sweet trophy and a Jet Blue ticket, if you win best of show.

GREEN: And I'm actually a pilot -- I'm a pilot for Jet Blue now, as well.

KAGAN: Which is even scarier than when we began the interview.

Tom Green, thank you so much.

And Evelyn Brady, thank you.

GREEN: Thanks, Daryn.

KAGAN: Good luck. Giving us a little taste of the Golden Trailer Awards. We'll look for those.

GREEN: Hello. Hello.

KAGAN: Nice eyeballs, Tom.

BRADY: Thank you very much.

KAGAN: Thank you.

GREEN: Hello, Daryn.

KAGAN: Evelyn, good luck. She's going to need it.

(STOCK REPORT)

(COMMERCIAL BREAK)

KAGAN: All right. That's going to do it for me, Daryn Kagan. I will be right back here tomorrow morning. And Wolf Blitzer takes over from Washington, D.C.

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