Search the Archive

Economy: Savings and Loans Bailout / Housing #326426

CBS Evening News for Wednesday, Apr 12, 1989
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: Dan Rather) Report introduced.

(DC: Eric Engberg) Bush administration's plan to bail out troubled savings and loan insts. examined. Consumer activists noted urging Congress to reform S&Ls so that more people can buy homes. [Representative Joseph KENNEDY - says S&Ls should make more home loans to poor people.] Consumer activists quoted re: bailout of S&Ls. [Representative Steve BARTLETT - says Congress should not address issues of hsing. and S&Ls in same bill.] Activists noted wanting access to repossessed hses.; scenes shown. [Busman. Foster STRONG - says real estate developers should not get richer when poor people need hses.] [Representative Henry GONZALEZ - says S&Ls were created to help people buy homes.] US Housing and Urban Development Secretary Jack Kemp quoted. House of Representatives noted divided with regard to hsing. and S&L bill.

Rather, Dan;
Engberg, Eric

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.