CBS Evening News for Monday, Jun 01, 1998
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(Studio: Dan Rather) Report introduced.
(Washington: Anthony Mason) Appointment of Franklin Raines as new Fannie Mae CEO and first African-American CEO of Fortune 500 company announced; other possible African-American CEOs named; background of Raines given. [RAINES - says best companies have tried to broaden ranks of executives; says people doubted him because of his color.] [Time-Warner Richard PARSONS - says Raines' appointment was inevitable; says the white stronghold in corporations is eroding.] ["Black Enterprise" publisher Earl GRAVES, Junior - says color had nothing to do with Raines' appointment.]
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