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Economy: Bank Failures #333280

CBS Evening News for Monday, Jun 18, 1990
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(Studio: Dan Rather) Report introduced.

(Washington: Ray Brady) Banking industry's troubles examined; details given of loan policies; scenes shown of federal agents closing Richmark Bank in Houston. [Two CUSTOMERS - complain.] [Representative Charles SCHUMER - compares banking trouble to savings and loan crisis.] Bank of New England mentioned. [Two CUSTOMERS - complain.] [American Bankers Association Robert DUGGER - says bankers are human.] [Economist Bob LITAN, FDIC (Federal Deposit Insurance Corporation) chairman L. William SEIDMAN - comment on banks' abuse of FDIC.]

Brady, Ray;
Rather, Dan

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