CBS Evening News for Monday, Feb 14, 1983
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(Studio) No. bank failures in United States last year noted.
REPORTER: Dan Rather
(Knoxville, Tennessee) Collapse of United American Bank here examined; owner Jake Butcher's role in World's Fair, association with Bert Lance and Jimmy Carter and political career recalled. Bank's efforts to counter Friday's run described. [State banking commissioner Billy ADAMS - announces bank's closing.] Size of UAB losses mentioned. [Horace WILSON - is worried about his money.] Federal officials said guaranteeing all insurance and unins. accts. at bank in effort to avoid another run.
REPORTER: Bruce Hall
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