Walter Isaacson; The State of Boxing; 'The Rock'

Managing editor of Time magazine Walter Isaacson gives insight into Time's selection process for the 25 most influential people of 1996. Journalist Pete Hamill and President and C.E.O. of Time Warner Sports Seth Abraham share their concerns about the current state of boxing and present ideas on how to change and improve the sport. Director Michael Bay and producer Jerry Bruckheimer talk about filming at Alcatraz for the movie "The Rock," starring Nicolas Cage, Sean Connery, and Ed Harris.