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Maryland / Savings and Loan Crisis #303542

CBS Evening News for Tuesday, May 14, 1985
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(Studio) Report introduced
REPORTER: Dan Rather

(Baltimore County, MD) Efforts of federal and state officials to curb run on Old Court Savings and Loan and possible statewide banking crisis examined; background to situation reviewed. [Governor Harry HUGHES - asks depositors not to panic.] Maryland mentioned among states allowing savings and loan insts. to operate without federal insurance Problems discovered in Old Court and at Merritt Savings explained. [DEPOSITORS - hadn't expected replay of Ohio savings and loan crisis.]
REPORTER: Eric Engberg

Reporter(s):
Engberg, Eric;
Rather, Dan
Duration:
00:02:00

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