× The Vanderbilt Television News Archive is currently closed to in-person research, but is still fulfilling loan requests. For the latest information about COVID-19 (coronavirus disease), visit vu.edu/coronavirus.
Search the Archive

Economy: Stock Market / Bush #335910

CBS Evening News for Saturday, Nov 16, 1991
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.

(Studio: Bob Schieffer) Report introduced.

(Studio: Ray Brady) Friday's stock market drop featured. [On Ijamsville, MD, golf course, President BUSH; Fidelity Investments Barry SMITH - comment on stock market down turn.] Stock market's biggest drop in 1987 recalled. [Economist William LeFEVRE - comments on probability of another drop on Monday.] Friday's plunge said to have been caused by drop in medical and biotechnology stocks and by fears over a move by Congress to put a limit on credit card interest rates. [Senator Alfonse D'AMATO, LeFEVRE - comment on proposed credit card legislation.] Slow Christmas sales noted. [SHOPPER - comments.] Discussion held about HUD Secretary Jack Kemp's statement that Bush would veto credit card legislation.

Brady, Ray;
Schieffer, Bob

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.