CBS Evening News for Monday, Jun 04, 2012
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(New York: Anthony Mason) The cloudy forecast for the American economy examined; details given about manufacturing jobs and the possibility the Federal Reserve will stimulate the economy. [Bank of America economist Ethan HARRIS - says the economy is in a limbo state; predicts soft growth.] [San Francisco American Giant clothing company founder Bayard WINTHROP- comments on the economy.]
(Studio: Scott Pelley) Report introduced.
(Spain: Clarissa Ward) The crumbling European economy as indicated by Spain examined; scenes shown from Madrid of a grassroots protest movement and of a development turned ghost town; details given of fears the Bankia bank will collapse and concerns about reckless bank lending with examples cited.
(Studio: Scott Pelley; London: Clarissa Ward) The several shaky economies in Europe discussed.
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