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Banking Costs #294361

CBS Evening News for Thursday, Nov 15, 1984
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(Studio) Congress committee 's analysis of doubling of yearly cost of banking to average household outlined.
REPORTER: Dan Rather

(San Francisco, California) [PEOPLE - criticize banks' greed.] Incr. in bank fees and chgs. in recent years outlined on screen. [Consumer attorney Angela BLACKWELL - notes impact of escalating chgs.] Banks' rationalization for enormous fees, listed on screen, noted. [Bank president Robert STEVENS - acknowledges feelings of abuse by some.] Banks' courting of wealthy depositors described. [Bank president Shirley NELSON - acknowledges most customers are millionaires.] [Lorraine HALL - reacts to banks' refusal to open her small account]
REPORTER: Ray Brady

Reporter(s):
Brady, Ray;
Rather, Dan
Duration:
00:02:40

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