Search the Archive

Washington / Public Power Bond Default #291851

CBS Evening News for Tuesday, Jul 26, 1983
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.

(Studio) Report introduced.
REPORTER: Dan Rather

(Seattle, WA) Impact on small investors of Washington Public Power Supply System (WPPSS) bond default, largest in United States history, examined; background to situation recalled. [Bettie and Theo FULLMER - note extent of their loss.] Bond brokers noted moving in to purchase bonds cheaply. [Broker Gary LUNDGREN - believes utilities involved welched on their obligations.] [Attorney Mickey GENDLER - notes potential cost to Washington residents.]
REPORTER: Barry Petersen

(Studio) "On the Road" and "Our Time" announced.
REPORTER: Dan Rather

Petersen, Barry;
Rather, Dan

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.