CBS Evening News for Friday, Feb 03, 1989
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(Studio: Dan Rather) Report introduced.
(DC: Wyatt Andrews) President George Bush reported meeting with economy advrs. this wkend. at Camp David to discuss savings and loan problems. [BUSH - says solutions will not be popular.] Admin. noted not rejecting proposed user fee for depositors. [Senator Jake GARN - says deposit fee is not an option.] [BUSH - comments.] Bush's possible options discussed. [US League of Savings Insts. spokesperson Fred WEBBER - comments on situation.] Some local banks reported attempting to attract S&L customers through negative ads.; example quoted on screen. [BUSH - comments on situation.] Impact of S&L bailout upon budget deficit discussed.
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