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Rhode Island / Banking #335054

CBS Evening News for Wednesday, Jan 02, 1991
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(Studio: Charles Kuralt) Report introduced.

(Providence, Rhode Island: Bob McKeown) Rhode Island Governor Bruce Sundlun's decision to close several banks and credit unions without notice examined; embezzlement at Heritage Loan and Investment Company noted causing failure of Rhode Island Share and Deposit Indemnity Corporation (RISDIC) insurance fund; scenes shown from Providence, Rhode Island. [Two Banking CUSTOMERS, coffee shop owner Jim MAGGIACOMO - comment.] [SUNDLUN - makes statement.] States that allow private insurance listed. [Brookings Institution Robert LITAN - comments.]

Kuralt, Charles;
McKeown, Bob

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