× The Vanderbilt Television News Archive is currently closed to in-person research, but is still fulfilling loan requests. For the latest information about COVID-19 (coronavirus disease), visit vu.edu/coronavirus.
Search the Archive

Bank Failures / Fdic #307458

CBS Evening News for Thursday, Nov 20, 1986
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: Bob Schieffer) Report introduced.

(Norman, Oklahoma: Martha Teichner) Growing criticism of Federal Deposit Ins. Corp.'s (FDIC) handling of bank failures examined; details given, scenes shown. Norman Bank of Commerce failure cited as example [Former FDIC EMPLOYEE - describe agency's approach to failures.] [Contractor Randy SMITH - describes his efforts to recoup losses from FDIC.] [Former bank pres. Chris NEWTOWN - notes message from FDIC's routine bailouts for major banks.] Bank failure statistics, especially for Texas and Oklahoma, outlined on screen. [FDIC (Federal Deposit Insurance Corporation) chairperson L. William SEIDMAN - defs. agency.] FDIC's Oklahoma office described, shown. [FDIC (Federal Deposit Insurance Corporation) spokesperson Paul HEAFY - describes their Oklahoma City operation.]

Reporter(s):
Schieffer, Bob;
Teichner, Martha
Duration:
00:03:10

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.