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Savings and Loan Crisis / Wall Resignation #120394

ABC Evening News for Monday, Dec 04, 1989
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(London, England: Peter Jennings) Report introduced.

(DC: John Martin) Resignation of M. Danny Wall, head of savings and loan regulating board, reported; details given of his role in the troubling savings and loan crisis. [WALL - says he is proud of his decisions.] [Wall's predecessor Edwin GRAY - says it is better that Wall resigned.] [Representatives Jim LEACH, Charles SCHUMER - say Wall was victim of circumstance.] Cost of Wall's decision to block takeover of Lincoln Savings and Loan Association noted.

Jennings, Peter;
Martin, John

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