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Economy / Savings #516707

NBC Evening News for Tuesday, May 12, 1981
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(Studio) Findings of University of Michigan report with regard to consumer confidence in savings banks reported.
REPORTER: John Chancellor

(NYC) Econ. situation of The Bowery, The New York Bank for Savings, The Dime Savings Bank noted illustrating plight of United States savings insts.; details given; 1929 Depression recalled. [Savings Bank Association spokesperson Saul KLAMAN - notes frustrations of mbrs.] Basis of problem explained. [PEOPLE - comment on interest rates.] Savings assns.' call for restrictions on money fund discussed.
REPORTER: Mike Jensen

Reporter(s):
Chancellor, John;
Jensen, Mike
Duration:
00:02:20

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