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Economy: Savings and Loan Scandal / Neil Bush, Politics #129587

ABC Evening News for Tuesday, Jul 10, 1990
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(Studio: Ted Koppel) Report introduced.

(Washington: Allan Dodds Frank) ABC News investigation into charges against the president's son Neil Bush for his role in the management of the Silverado savings and loan featured; details given of lawsuit filed by FDIC (Federal Deposit Insurance Corporation) alleging Bush's negligence. [In May, BUSH - testifies.] Evidence of Silverado deals involving Bush's partner Bill Walters outlined. [BUSH - defends role.]

(Studio: Ted Koppel) Report introduced.

(Capital Hill: Jim Wooten) Politics of blame in the S&L scandal examined. [Representatives Peter VISCLOSKY, Dan GLICKMAN, Dan BURTON, Harold ROGERS - comment on issue of blame for President Bush's administration.]

(Studio: Ted Koppel) Speeding of process of selling off failing S&Ls noted.

Frank, Allan Dodds;
Koppel, Ted;
Wooten, Jim

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