westwood and kuchar. this one goes in for 2. no one has ever won the green jacket when their tournament included a triple. phil had two of them on the week. still very nearly was able to pick up a fourth green jacket. as we hit 7:00 in the ian, we welcome you again to the final stable os of the 2012 masters. there's going to be a playoff between america's bubba watson and south africa's louis oosthuizen. hanson actually can make it a four-way tie for third if he can hold this -- hole this birdie hold this -- hole this birdie putt.

[the captioning on this program is provided as an independent service of the national captioning institute inc., which is solely responsible for the accurate and complete transcription of program content. cbs, its parent and affiliated companies, and their respective agents and divisions are not responsible for the accuracy or completeness of any transcription or for any errors in transcription.] [captioning made possible by cbs sports, a division of cbs cbs sports, a division of cbs broadcasting, inc.] nick: that's the first time he's ever experienced anything like this. he's come out of it extremely well. jim: his highest finish ever in a major, tied third. his best before tied second. phil still grinning and smiling. even though he's disappointed.

jim: amazing how many top three finishes he has here, nick. nick: he loves it here. he's been a major factor to these masters for the last decade plus now. jim: his eighth time in the top three. for information on tickets to the 2013 masters, visit masters.com. you have a ticket now to the playoff coming up here shortly.

oosthuizen and watson. adam scott today with a hole in one, round of 66. only one score better out there. that came from the man who made a hole in one as well, bo van pelt, 64. matching the lowest final round in augusta's history. and one off the midge's history. there's hanson with 68. bradley, his sec major, 69. fowler under par today. stallings, a masters rookie. a dream come true for him coming here after his win at the greenbrier. there's tiger, tied as it turns out with rory mcilroy, the two big tournament favorites, as

well as aaron badly. there is patrick cantlay. what a closing stretch for the young man from california with an eagle at the 15th, birdie at 16th and birdie at 17. he's able to wrest away the amateur honors from matsuyama froma pan. he'll be down in butler cabin and will be recognized for that achievement. charles schwartz will be here as well to present the green jacket and it could go to his very dear friend, oosthuizen. there would be some emotion in here between those two. this was bubba at 16. making birdie. to pull even at that point. oosthuizen.

they made their way now back to the 18th. tell us about holly, the 18th hole, nick faldo. nick: it's narrowed considerably over the years. those two bunkers are in play for most of these hitters. starts at 295, goes to 315 or 320 yards. goes slightly uphill, hole location in the traditional front left-hand corner. couple of options, down slope or they can go into the middle of the green and bring it back down. so i suspect we'll have some more drama. jim: again, first man to win a hole wins the green jacket. this is not a three or four-hole aggregate competition. always wonder, in a case like this, you had your playoff battles here at augusta, would

you rather go first or second? nick: i would usually choose first. i would like to stand up and strike one down there and see if now your opponent can follow you. jim: ridley to the tee to explain what's going to happen here. nick: bubba watson has the honor. jim: we know he's ready, bubba is always ready. he doesn't dawdle at all. he'll be ready to rip it. 16th in the world. 33 years old. three wins. the last one coming in new

orleans. last spring. jim: he loves it. nick: and the same determined face almost to the -- the same place it landed before, almost to the inch. ian: this tee shot has increased in difficulty through the years. gotten narrower. gotten narrower. nick: considerably.

jim: wipes down the grip. nick: he's smiling, chuckling away. jim: just realizing that, ok, my hands, there's a little moisture hands, there's a little moisture there. jim: it's fine. that left side. so just as they did a short while ago, both in the fairway at the 18th as the playoff is at the 18th as the playoff is under way. mcallen, texas. in here, heavy rental equipment in the middle of nowhere, is always headed somewhere. to give it a sense of direction, at&t created

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just imagine our potential... ...if the other states joined them. let's raise our scores. let's invest in our teachers and inspire our students. let's solve this. jim: back here at augusta, where the -- for the playoff between oosthuizen and watson. >> it was a bad break. you have to be left of that pin. i'm trying to just make a par there. i want to be in the bunker and the people just left, so i have an uphill chip. you cannot miss in the right bunker, cannot miss on the green

right at the pin there. i hit it where i wanted to, unfortunately, i hit the railing and made triple. i had a lot of chances on the back nine, putts that came so close to going in. and i knew that it was probably going to take around 10, maybe 11, couldn't quite get it going. it was a fun back nine, i had my chances, just couldn't quite get it done. >> thank you for visiting with us. phil mickelson. back to jim nantz. jim: perhaps the most famous strike of the railings since john van develt. nick: the sun has now dipped down below the magnificent georgia pines. cast a complete shadow across the green now. totally different light.

louis would learn, obviously, from 20 minutes ago, can't go too long. just land it pip high. one good hop and it's got to come back down. breeze has subsided as well. jim: this should curl in a little bit. nick: down to about 10 or 12 feet. pole high. jim: that's the putt we've seen that's left often today. nick: fabulous putt from that length today. bubba, what have you got up your

sleeve? jim: just 131. hit the wedge shot of his life. nick: here it comes. jim: wow. two great approaches. you can see oosthuizen looking back bubba's way, saying great shot. we've been here for some of

bubba's wins, he's always been super emotional when he's holed out. but his wife angie and baby boy caleb are back home right now. by by too young to travel. jim: it's not inconceivable here, nick, we'd see make, make, and then they'd march to the 10th to continue.

nick: players use their caddies to help them line up. oosthuizen having started their process yet. ball goes down. feeling it in his feet, through his feet there. jim: been good to see oosthuizen playing well again he had that seven-shot victory at st. andrews and people were like, what happened to him? where did he go? he's really come back from ligament damage in his left ankle. hard thing to come back from when you're a golfer and you lean on your left side so much. tiger woods can attest to that tootoo. this is the kind of talent that oosthuizen has and the kind of performances he's capable of. trying to win at the old course in augusta. those that have done that, talking about storied names like

sneed and woods and nicklaus and faldo, all won open championships at st. andrews and won the green jacket. having just gone crosshanded this year. this for birdie. oh! on the right side. he thought it was in. bubba watson has a putt to win the masters. look good to you, nick?

nick: absolutely, jim. i rolled some balls from that side and the patrons were watching me on the other side, there was a couple who went both ways. they split like a y. jim: how about this one right here for the win. here for the win. nick: left-to-right. jim: this is it, isn't it? this is the putt every boy who ever grew up playing the game, made it as a pro, over and over again dreamt of one putt to win again dreamt of one putt to win the masters.

nick: his went to the right -- oosthuizen's went to the right, bubba's went to the left. they are both shocked. especially bubba. jim: sweeps it in for the four, they head to the 10th. bubba -- nick: it went that way. went that way. jim: couldn't believe it. instantly looking over at ted instantly looking over at ted scott.

jim: over in butler cabin, that's on the oosthuizen putt. we've told you how close they are. they first met at a golf club in johannesburg in the junior, charles was 10, louis was 12, they were paired together. later they shared an apartment. now there's the scenario, it could be from one dear friend to another, the presentation of the jacket.

nick: bubba has to be careful here, if he doesn't slice it around the corner, it'll run out of fairway and head into the trees. jim: uh-oh. way right. remember he did this earlier too. and it made its way -- that's in deep. that's going down. nick: 60 yards into the trees. jim: this is far right of where he drove it in regulation. he just had a wedge and -- had to wedge it to the green in regulation it ran down that hill. now this is certainly going to affect this swing right here for oosthuizen. huge advantage for him. just find it in the fairway. nick: he's dropped to 3-wood, that makes sense. he loves this club. oh, my goodness. please. jim: this is what they did at 17. this one is going right.

they cleared out the area, a human tunnel formed for bubba's shot. maybe he has a shot over there. oosthuizen also those goes right on the second hole of the playoff for the green jacket. what happens when classroom teachers get the training... ...and support they need? schools flourish and students blossom. that's why programs like... ...the mickelson exxonmobil teachers academy... ...and astronaut sally ride's science academy are helping our educators improve student success in math and science. let's shoot for the stars. let's invest in our teachers and inspire our students. let's solve this. a living, breathing intelligence helping business, do more business.

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jim: we are back at the 109, the second hole of the playoff between watson and oosthuizen. this is the ball that belongs to bubba. will he be able to shape a shot from there and get it anywhere close to the green, nick? nick: i doubt it, to be honest. that's the bunkers on top of the hill, the wins in the -- ones in thed my ol they have screen now. i assume that was the bunker on the right, i'm not 100% sure of the angles. louis managed to -- i'm sure it was into the trees, but once again it's kicked out like the 17th hole. louis is fine. good, straight line. the whole angle of the green to use. i know from my own experience

the right-hand bunger comes into play. it's not much more than 10 to 15 feet from the line to the flagstick jim: look at this for a minute, nick. tilt up here. is there a window there up top? nick: a little window? about 20 feet off the ground? jim: to go off the corner, the edge of the low-hanging magnolia. nick: it's far easier for we professionals to hit a snap hook than a snap slice. so he can definitely, i've seen him hook wedges on the range. ian: that's what i'm thinking. nick: hook on a wedge. maybe he can turn it right round and -- now, this is match play, louis oosthuizen. it's so important, if you want to win this, put it in the middle of the green.

jim: 231. nick: 4-iron for these guys. thin and low. will it scrape across the corner? no. bubba may be able to match it with somemy lack rouse shot, get to the front edge of the green. jim: on the upslope for oosthuizen. and a tough down in two. nick: like a roller coaster, got 15 feet or maybe a little more break. jim: that's the difficult -- difficulty playing off pine

straw? nick: you force it and these guys are running on extra atren you go with it, his back foot could slip. mind you, his feet are all over the show anyway, so forget i said that. he's like twinkle toes, he's on his toes and heels. he's rewriting the instructional book every time he hits a shot. nick: hook the club, seriously loft it. he told me on the ainge he hit a wedge 176 yards on the range. so a little adrenaline, he might hit 190. jim: it's 155.

did it hook? oh what a shot! nick: snap hook onhe green. incredible. absolutely incredible. as we say in britain, brilliant. jim: and beyond. oh, my goodness. nick: just a classic excuse for hito conjure up another piece of magic. jim: look at ts. nick: never seen it scr in sideways with a wedge like that. jim: the plays the game unlike anyone else. that's one of the reasons he's so popular. arguably the longest player in the game.

he'll pridefully tell you, too, he's never taken a lesson or even studied his swing on video. he's the natural. nick: he would be ruined if he nick: he would be ruined if he did. jim: he said in regulation -- regulation, after bubba hit a tee shot down that way, we had never seen anyone off the tee travel that far down the right side and then he comes back in the playoff, wasn't quite as far down the hill but executes just a wondrous miracle recovery shot. here's oosthuizen. he's going to have to figure out

speed and angles here. nick: speed and turns. it keeps hooking for him all the way. all the way. left it out way too high. here it comes, off the back corner of the green, though. bubba watson will have two bites of this green -- at this green of this green -- at this green jacket. ian: never would have believed back on the tee after he hit first that bubba would have a chance to make a birdie to win. they're telling us now that

oosthuizen is still away. he has holed some really significant par putts today. at the third, at the sixth. nick: great one at 14. jim: yeah. nick: came up short at 14. that was a very difficult that was a very difficult eight-footer.

nick: left to right, a couple of cups. jim: such a good putt at 18 on the first playoff hole. nick: now this is for survival. jim: it is. for his par. another great one. that's it two. putts to win. -- that's it. two-putts to win.

going to go ahead and tap in for five. and then the stable will be set. doctor the stage will be set. bubba can just nudge it up there. the man from the university of georgia could be presented by the green jacket by augusta chairman billy payne, former bulldog himself, former football star there. nick: the jackets have their own locker room, wonter if the locker room attendant is leaning toward the 42 longs instead of the 40 regular or 38 regular.

jim: that's all he needed. hold on a minute here. hold on a minute. wow. nick: lining up a six-incher. jim: why not. jim: another watson is wearing a green jacket at augusta. and this time, his name is bubba. that's his mother molly coming that's his mother molly coming onto the green.

jim: hats removed. for the honor of the moment. ricky fowler is out there. aaron badly. ben crane. -- airline baddlely. ben crane. bubba will have a hard time holding it together down here when he gets the green jacket, no doubt about it. ricky fowler, ben crane. both of whom made the cut here.

with the way he plays, nick, already with a massive following, just because of the style of play. this is a big moment for the sport. this is a new star for the game of golf. nick: he's sheer uniqueness. his mastery of shots. just the fact that he's never taken a golf lesson. unbelievable. and he connects with these people because he just, he's worn his heart well and truly on his sleeve all week, for the whole of his life. congratulations, bubba watson. jim: let's go down to bill

macatee. >> jim, thank you very much. a bittersweet day you hit one of the greatest shots in masters history, the double eagle at two, and then came up short. >> it's a great day. had a lot of fun, the opportunity on the 109, i hit a bad tee shot, should have put it right down the middle. but it's fine. unbelievable shot there. and i played well. i can't really, you know, it's not like i felt i played badly. and congratulations to him, he deserves it. >> thank you very much. louis oosthuizen runner up at the 76th massachusettsers. a chant, louis, from the crowd. back to jim nantz. jim: louis oosthuizen, played such an elegant round of golf. hit one of the greatest shots ever at augusta and the tap-in for the victory the life for the victory the life changer.

jim: already breaking down as he was bending down to take the ball out of the cup. saw molly come onto the green when bubba won in a playoff at new orleans. i know how much she and -- i know how much his wife angie and baby caleb are in his thoughts too. a special easter to remember for

bubba watson. acknowledgments to everyone. yes, indeed. there's a guy that plays the game differently than anyone we've ever seen and he's on top of the world. bubba watson has a glean jacket waiting for -- waiting for him in butler cabin in a moment. hit a curveball. nick faldo rarely found the back of the net. and arnold palmer... just wasn't fast enough for track. isn't it funny... how sometimes success begins... just by putting the right tools... in the right hands. let's build a smarter planet. if you made a list of countries from around the world... let's build a smarter planet. ...with the best math scores.

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>> i can't tell you how fortunate i am to win this tournament. >> it was pretty special. jim: we are moments away from that very occasion. the ground floor of butler cabin as we await bubba watson's arrival here. remember, the top 16 finishers and ties all are invited back to the 2013 masters tournament. including peter hanson in that four-way tie for third. poulter made a charge today with poulter made a charge today with 69.

gyp kevin na today with a 68 to get into the top 16. jim: how about this now for lppeded champions. mike weir in 2003, he won it in a playoff on that very green where it finished today. back in 2003. phil in 2004, 2006, 2010. and now bubba wattson. we're, the first -- weir the first ever left-handed winner and now we've had five left-handers win in the last 10 competitions. he did take his time, didn't he? just to gather himself to close

he? just to gather himself to close it out. jim: what a final round it was. another thriller here. you've got a double eagle, but it's not enough to win for oosthuizen. one more look at the oosthuizen. one more look at the leaderboard. jim: bubba watson just coming into butler cabin, and we are

just synchronizing all the world feeds who are coming into butler cabin. all of them get this presentation. here is the shot that ultimately defined this 2012 masters. a wedge to the green, a two-putt par and victory. everything is lined up now. we are set for the presentation in butler cabin. >> good evening, i'm billy payne, chairman of augusta national golf club. i'm excited to be here in our famous butler cabin, along with my good friend jim nantz. another wonderful job. jim: incredible day here toy. >> thank you very much. jim and i will soon repeat the

long standing tradition of the award of the masters champion green jacket. but before we do, i'd like to take this opportunity to thank our television viewers across america and in over 200 countries around the world for your long-term and loyal support of the masters. i now have the privilege of welcoming three very special gentlemen, all with wonderful smiles on their faces. this year's low amateur, mr. patrick kentley. congratulations. please. last year's champion. mr. charles schwarzel. and our new 2012 champion, mr. bubba wattson. congratulations. >> thank you very much. >> please have a seat. i know jim has a few questions. jim: i to. the long tradition of honoring the amateur here. patrick, the sophomore from ucla, makes an eagle and two more birdies to win the honor.

how special is this to you? >> it's very special to be here. my first masters and to be low amateur is a dream come true for me. jim: what are your future plans? >> we have college season the rest of this year and then i'm into the u.s. open and the british open this summer so looking to play some good golf coming up. jim: congratulations, once again, fun to watch you play. >> thank you. jim: bubba, an amazing day out there. i don't know where to start. tell us about the shot you hit down on the 10th hole, the second shot. >> i was there earlier today during regulation, so i was used to it. i knew what i was facing there. had a good lie. had a gap where i had to hook it, i don't know, 40 yards or something, so i just, i'm pretty good at hooking it, i hooked it up there and somehow it nestled close to the hole. jim: a special easter for you, i know how much it means to you to win on this day and how much the last few weeks have meant to you, to be a father.

to be in this position. how do you put it in words? >> i never got this far in my -- in my dreams, to talk. it's a blessing. to go home to my new son, it's going to be fun. jim: aleb and angie i know were on your mind all day today. >> for sure. jim: just trying to keep your mind around where this competition is going, how did you do it, how did you keep hanging in there, throwing birdies at everybody? >> after my playing partner, louis, made double eagle on two and he took the lead that quick, i three-putted the first hole. i just kept my head down, knew there was birdies on the back nine, knew you could make eagles and birdies. a couple of hole in ones already, i knew that was a possibility. i kept going, grinding it out and somehow it went to a

playoff, i don't know what happened next. jim: the green jacket, did you ever dream that big? >> no, never have. jim: well, you're about to wear one. it's that time. >> if you'll do the honor. >> congratulations. well played. >> thanks a lot. >> bubba, congratulations. very proud of you. >> thank you. nice. i look like you now. jim: the scripts keep getting better and better by the year. a week we'll never forget. a week kristened by icons, by the three great ambassadors who grace this sport, leaving their footprints all over augusta national. bubba almost won a major, he wanted to win that pga so badly for his dad back in 2010 and we just got this picture, bubba,

in from angie and baby caleb. they're back home watching and celebrating this incredible victory today. as bubba watson has that life changing experience of being a masters champion. bubba, congratulations. you've won the masters. bubba, congratulations. you've won the masters. [applause]

captioning funded by cbs and ford-- built for the road ahead. things that could derail the u.s. economic recovery that finally seems to be under way. and one of them is the debt crisis in europe along with the recession that is now sweeping across the continent. it's similar in many ways to the financial crisis that leveled the u.s. economy in 2008. except that in europe it's not just the banks that are in danger of going broke. it's entire countries.

>> clearly if the euro zone has a really bad time of it this year, which it could well do, then america will not escape unscathed. >> it's fast. it's rough, and it's considered to be one of the most dangerous sports in the world. what's the thing you're best at on the field? >> i'm tough. i'm not the most talented guy with the ball, but i never give up. >> polo's most famous player is a 35-year-old argentine. he's both the face of ralph lauren and the game's greatest ambassador. he's working hard to reignite america's passion for this ancient sport. >> simon: on this easter sunday we're going to bring you to one of the poorest places on earth, but you won't feel pity for any of our characters, only

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>> safer: before we begin tonight's broadcast, we have the sad duty to report the death of our friend and colleague mike wallace. mike died last night at age 93. for more than six decades-- four of them on this broadcast-- he was a kind of one-man truth squad, a man with a remarkable gift for getting to the very core of a story. villains of every stripe were his specialty. he could charm them into coming on "60 minutes" and, with his audacity, get them to reveal their villainy. more than anyone else, he was responsible for the continuing success of "60 minutes." we are all in his debt. next sunday, we will broadcast an extended tribute to mike. >> kroft: there are only a few things that could derail the

u.s. economic recovery that finally seems to be under way, and one of them is the debt crisis in europe, along with the recession that is now sweeping across the continent. it's similar in many ways to the financial crisis that leveled the u.s. economy in 2008, except that in europe, it's not just the banks that are in danger of going broke, it's entire countries. greece has already defaulted on more than $100 billion of public debt. ireland and portugal have needed massive bailouts to stay solvent. italy and spain are just hanging on in what has turned out to be an imperfect economic union. at stake is the survival of the european currency, the euro, and the economic future of america's largest trading partner. the european union has all the accoutrements of nationhood-- its own flag, its own anthem, its own parliament, its own huge

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