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(Studio: Dan Rather) Bank of Boston reported announcing dividend cuts and worker layoffs. FDIC (Federal Deposit Insurance Corporation) reported ordering banks to pay more into the FDIC (Federal Deposit Insurance Corporation) fund which insures bank deposits because of more bank failures. Report introduced.
(Denver: Terence Smith) Investigation into conflict of interest charges against president's son Neil Bush for his role with Silverado savings and loan in Denver featured; scenes shown; details given of Bush's role as a go-between for Denver developers Bill Walters and Kenneth Good. [On July 10, BUSH - says he did nothing wrong.] [University of Colorado Ed CONRY - comments.] Government lawsuit against Silverado mentioned. (Artist: Don Juhlin)
- Juhlin, Don;
- Rather, Dan;
- Smith, Terence
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