× The Vanderbilt Television News Archive is currently closed to in-person research, but is still fulfilling loan requests. For the latest information about COVID-19 (coronavirus disease), visit vu.edu/coronavirus.
Search the Archive

Economy: Savings and Loan Regulations #119877

ABC Evening News for Monday, Nov 06, 1989
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.

(Studio: Peter Jennings) Govt. reported setting up new regulations for savings and loan industry

(NYC: Allan Dodds Frank) ABC News investigation into handling of the state and federal investigations into the collapse of Lincoln Savings and Loan Association featured; details given of Congress criticism of Federal Home Loan Bank Bd. chairperson M. Danny Wall for stalling in taking action against Lincoln. Accusation by Representative Henry Gonzalez that chairperson Charles Keating looted the S&L detailed. [GONZALEZ - comments.] [Bank board member Lawrence WHITE - discusses case against Lincoln.] [WALL - explains his lack of action.] Transference of jurisdiction in case from California to Federal Home Loan Bank Bd. recalled. [California report member Bill BLACK - says bank board shot us in the back.] FBI's investigation of possible criminal violations by Keating and other Lincoln officials noted. [Representative Steve NEAL - says there should be a federal investigation of both Keating's group and the federal regulators.] Gonzalez said asking President Bush to remove Wall until case is settled.

Frank, Allan Dodds;
Jennings, Peter

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.