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Economy: Budget / Insurance Industry / Stock Market #330006

CBS Evening News for Monday, Oct 15, 1990
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(Studio: Dan Rather) Report introduced.

(Capitol Hill: Bob Schieffer) Faced with another government shutdown deadline, President Bush and Congressional Democrats reported blaming each other for failure to reach budget deficit reduction agreement. [Campaigning for Republicans, BUSH - comments.] [Representative Thomas FOLEY - comments.] Public discontent with entire government reported; scenes shown from vandalized home of Representative Bob Michel in Peoria, Illinois. [Representative Barbara KENNELLY - comments on discontent.] [MICHEL - talks about Democratic plan.] Proposals outlined. ......

(Studio: Dan Rather) Report introduced.

(Washington: Mark Phillips) Impending recession reported casting doubt on financial health of insurance companies; concerns from consumer group Public Citizen about investment practices similar to those of savings and loan industry outlined; scenes shown from television commercial. [Public Citizen Caroline Smith DEWAAL, AIG Insurance Wayland MEAD, Insurance Information Institution Sean MOONEY, insurance analyst Udayan GHOSE - comment.] "Stock Market Report".

Reporter(s):
Phillips, Mark;
Rather, Dan;
Schieffer, Bob
Duration:
00:04:30

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