CBS Evening News for Monday, Jul 25, 1983
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(Studio) Report introduced.
REPORTER: Dan Rather
(Los Angeles, California) Washington Public Power Supply System (WPPSS) bond default said largest in United States history; background to default stemming from nuclear plant construction plans reviewed. Chemical Bank of New York noted initiating default proceedings. [Chemical spokesperson William BERLS - cites bank's loss.] [WPPSS managing director Don MAZUR - acknowledges system's inability to pay debts.] Current status of WPPSS nuclear power project outlined.
REPORTER: Jerry Bowen
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