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Economy: Banks and Credit #333094

CBS Evening News for Monday, May 07, 1990
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(Studio: Dan Rather) Report introduced.

(Lexington, Massachusetts: Ray Brady) Bank moves to tighten credit examined; details given of impact of credit pinch on Boston area. [In Lexington, Massachusetts, auto mechanic Colin RICHARDSON - talks about business mortgage.] [Economist David HALE - says bank regulators are making up for previous laxity.] [Comptroller of the Currency Robert CLARKE - comments on loan policies.] Tight credit noted hitting small businesses first. [Builder Frank ROMANO - talks about the jobs that would be created.] [Artistic Gifts, Incorporated, JoAnn McHENRY - explains why there are cutbacks.] [RICHARDSON - comments further.]

Brady, Ray;
Rather, Dan

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