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Economy: Savings and Loan Scandal #125755

ABC Evening News for Tuesday, Nov 13, 1990
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(Studio: Ted Koppel) Report introduced.

(Washington: Sheilah Kast) Congressional investigation into the early investigations of savings and loan scandal featured; case of Texas S&Ls cited. [Office of Thrift Supervision Gerald SUMMERS - describes the runaround given by banking analysts.] [Representative Charles SCHUMER - comments on S&L problems.] Thrift regulator M. Danny Wall recalled telling Congress the sum of money that would be needed to clean up S&L mess. [Office of Thrift Supervision Darrel DOCHOW - denies there was a political hide.]

Reporter(s):
Kast, Sheilah;
Koppel, Ted
Duration:
00:01:40

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