NBC Evening News for Saturday, May 22, 1982
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(Studio) Possibility that bankruptcy of large United States companies such as Braniff is inevitable outcome of today's economy noted.
REPORTER: Jessica Savitch
(DC) [Treasury Secretary Don. REGAN - considers situation part of free econ.] Braniff's case and impact on Marriott and Boeing recalled; financial plights of other airlines (listed) cited. [E.F. Hutton vice president Hans PLICKERT - anticipates further declines in airline industry] Related statistics outlined on screen; role of high interest rates explained. Measures taken by various companies listed. [REGAN - thinks bankruptcies are part of free economy] [National Association of Mfrs. spokesperson Jerry JASINOWSKI - anticipates further problems in several major inds.] [REGAN - thinks current policy should continue.] Possible effect of unexpected bankruptcies considered.
REPORTER: Irving R. Levine
(Studio) Upcoming items announced.
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