NBC Evening News for Wednesday, Mar 13, 1985
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(Studio) Report introduced
REPORTER: Tom Brokaw
(Cincinnati, Ohio) Econ. impact on banks, cities and indivs. from bond scam by ESM Group, Incorporated of Florida examined. [VICTIMS - are concerned.] ESM's securities fraud explained, reviewed; amount lost by investors outlined on screen. Beaumont, Texas, cited as example [Beaumont RESIDENT - calls for resignation of city mgrs.] Toledo, Ohio, Mayor Donna Owens mentioned calling for resignations of city officials responsible for investing city funds. [Toledo OFFICIAL - calls for investigation.] [Home State Savings Bank CUSTOMER - wants her money.] Collapse of Home State Savings as result of ESM scam described. [CUSTOMER - comments.]
REPORTER: Cassandra Clayton