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Economy: Savings and Loans / Neil Bush #337789

CBS Evening News for Thursday, Apr 18, 1991
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(Studio: Dan Rather) Report introduced.

(Washington: Rita Braver) Federal banking regulators reported declaring that President's son Neil Bush engaged in conflicts of interest as director of failed Silverado Savings and Loan. [Office of Thrift Supervision Timothy RYAN - has no comment.] Ryan noted ordering Bush to cease and desist from any future unsafe or unsound practices. [On July 10, 1990, BUSH; Representatives Bruce VENTO, Joseph KENNEDY - comment.] Civil suit and federal fraud investigation against Silverado noted still pending.

Reporter(s):
Braver, Rita;
Rather, Dan
Duration:
00:01:30

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