CBS Evening News for Thursday, Jan 07, 1988
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(Studio: Dan Rather) Stk. Mkt. Report President Reagan's economy task force discussed. Report introduced.
(New York City: Ray Brady) Response to task force report's expected recommendations noted. [MEN - comment on report] Report's recommendations listed on screen. Policy differences between New York City and Chicago, Illinois, stock exchanges discussed. [Mkt. analyst Michael METZ - comments on regulation.] Report mentioned blaming some investors for crash. [REAGAN - says problem not economy but market] Exchangers noted refusing comment until report officially announced. Insider trading scandal discussed.
(Studio: Dan Rather) Senator Banking Committee reported conducting hearings on stock market crash.
(Studio: Dan Rather) Report introduced.
(DC: Bill Plante) Secretary of State George Shultz reported announcing more mtgs. with USSR foreign minister Eduard Shevardnadze regarding Moscow, USSR , summit. [SHULTZ - describes schedule.] Moscow summit agenda illustrated. [SHULTZ - comments on efforts of working through United States-USSR differences.] Shultz quoted regarding Shevardnadze's comments on Afghanistan; details given, scenes shown. [SHULTZ - hopes for USSR withdrawal from Afghanistan.] White House officials quoted.