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Money Matters: Credit Cards, Stock Market #100754

ABC Evening News for Thursday, Dec 04, 1986
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(Studio: Peter Jennings) Report introduced.

(NYC: Dan Cordtz) Retailers' expected Christmas sales this year and concerns over effect of record consumer credit card debt examined; details given, scenes shown. [Credit Counseling Service director Luther GATLING - cites extent of overextended consumer debt.] [WOMAN - describes her problem.] [Bankcard Holders of America spokesperson Elgie HOLSTEIN - blames banks.] [ABA Bankcard Div. chairperson Jerry KRAFT - defs. banking industry] Profitability of credit card industry despite losses explained. [Dime Savings Bank vice president Edward KRAMER - cites expected impact of home equity credit cards.]

(Studio: Peter Jennings) Stk. Mkt. Report

Cordtz, Dan;
Jennings, Peter

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